Rupee depreciated by 0.59% on Monday and touched a record low of 81.6625 on strong Dollar and weak domestic markets. The Indian rupee has been under pressure (Depreciating) so far…
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The Central Board of Direct Taxes statement said that the net direct tax collections so far this financial year saw an increase of 23% as compared to the same period…
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National Logistic Policy (NLP) aimed at easing the movement of goods and boosting the trade sector in the Indian economy. Currently, logistical costs, in India, account for 13 to 14%…
Read MoreRead:https://www.business-standard.com/article/current-affairs/cultivation-of-maize-mustard-moong-need-to-be-promoted-icar-chief-122081300884_1.html#:~:text=Cultivation%20of%20maize%2C%20mustard%2C%20and,Singh%20on%20Saturday. Cultivation of maize, mustard, and moong(3Ms) needs to be promoted in a big way across the country and this must be accompanied by the adoption of modern technology in…
Read MoreThe Reserve Bank of India (RBI) released guidelines for the digital lending space in an effort to mitigate the concerns arising from credit delivery through digital lending methods. The guidelines,…
Read MoreThe National Handloom Day was celebrated all over the country, on August 7. 7th August was notified by the Government of India as National Handloom Day 2015 with the objective…
Read MoreThe Reserve Bank of India (RBI) raised the repo rate – at which it lends money to commercial banks – by 50 basis points to 5.40 %. The current repo…
Read MoreFor further reading: Rupee vs Dollar Today: Rupee falls to 80/dollar — why is it happening, and where will it end? (indianexpress.com) The rupee fell below the psychological mark of…
Read MoreThe Reserve Bank of India (RBI) has put in place an additional arrangement for invoicing, payment, and settlement of exports/imports in INR and has allowed trade settlements between India and…
Read MoreRead: https://indianexpress.com/article/opinion/editorials/surging-imports-slowing-exports-deficit-currency-8011041/ The editorial flags India’s merchandise trade deficit to a record high of $25.6 billion in June due to a surge in imports combined with tepid growth in exports….
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