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Posted in Economy

Forex reserves hit record $740.8 billion, lift rupee

Kolkata: India’s foreign-exchange reserves scaled a new summit of $740.8 billion at the end of August 28, climbing for the ninth straight week, as dedicated…

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Posted in Economy

Economic growth & quality of life must go hand in hand: Piyush Goyal

NEW DELHI: Real inclusion is the only way to achieve Viksit Bharat by 2047, commerce and industry minister Piyush Goyal said on Friday, calling for…

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GST Returns, Overseas Investments, Off-mkt Stock Deal Come under AIS
Posted in Economy

GST returns, overseas investments, off-market stock deal come under AIS

New Delhi: The Income Tax Department is broadening the scope of financial information required for taxpayers’ annual information statements (AIS), bringing goods and services tax…

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Posted in Economy

Customs portal aims to curb divergent assessment practices

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has launched a common digital repository of customs assessment decisions, rulings and advisories, giving…

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Posted in Economy

New FTAs open big export gains across key sectors

New Delhi: Eight new free trade agreements (FTAs) signed in the last five years have opened up duty-free market access of $982 billion in electronics,…

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The 10-year Treasury yield edged down, while the 10-year German Bund yield was steady.
Posted in Business

U.S., European bond yields little changed ahead of key jobs data

U.S. Treasury and European government bond yields were little changed Friday as investors awaited August U.S. employment data at 1230 GMT, a key input ahead…

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Posted in Economy

RBI turns to 30-day VRRR to absorb excess liquidity

Kolkata: The Reserve Bank of India will hold a 30-day variable rate reverse repo (VRRR) auction Monday with a target to suck out Rs 7…

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Posted in Economy

Maharashtra pitches for Belgium investments

Mumbai: Maharashtra chief minister Devendra Fadnavis hss made a strong pitch for Belgian investments into Maharashtra as it seeks to take advantage of the free…

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In industries from mining to transport, the company’s technology is becoming pervasive
Posted in Business

Chinese businesses of all stripes are turning to Huawei

Driverless taxis are a common sight in Chinese cities these days. So, increasingly, are delivery drones. But to see one of the heaviest autonomous machines…

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Posted in Economy

Belgian PM De Wever pitches lower, zero tariffs to boost India-EU trade

Mumbai: Belgian Prime Minister Bart De Wever on Friday called for further cuts in import duties on goods traded between India and the European Union,…

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