Sensex down 74 points, Nifty closes at 11,017
SME Times News Bureau | 20 Aug, 2019
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| Indian stock markets closed on a flat note for the second straight day on Tuesday, awaiting a stimulus package from the government. The Sensex closed 74.48 points or 0.20 per cent lower at 37,328.01, while the broader Nifty ended 36.90 points lower at 11,017.. |
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May look beyond France for chopper unit: Naik
SME Times News Bureau | 20 Aug, 2019
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| If France is not willing to collaborate with a proposed project for maintenance, repair and overhaul (MRO) of helicopters in Goa, the Defence Ministry is willing to look for other partners, Union Minister of State for Defence Shripad Naik said on Tuesday.. |
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CUTS highlights competition law panel's failure on NCP
SME Times News Bureau | 20 Aug, 2019
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| The Competition Law Review Committee, which recently submitted its report, has failed to institutionalise a national competition policy (NCP), said the Consumer Unity & Trust Society (CUTS) International, a non-governmental organisation, here on Tuesday.. |
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All PMAY houses to be sanctioned by March 2020
SME Times News Bureau | 20 Aug, 2019
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| The government would sanction all the targeted 1.12 crore houses under the Pradhan Mantri Awas Yojana (PMAY) by March 2020, said Union Minister for Housing and Urban Affairs Hardeep Singh Puri at the 15th annual convention of the National Real Estate Development Council (NAREDCO), here on Tuesday.
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End deep discounts, NRAI tells online food aggregators
SME Times News Bureau | 20 Aug, 2019
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| In a bid to stop "unethical" deep discounting practices of online food aggregators amid nationwide #logout campaign, the National Restaurant Association of India (NRAI) on Tuesday told the platforms to realign their offerings to create a restaurant-friendly ecosystem, thus ending freebies and detox the consumers from discount addiction.. |
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Experts' hope high from direct tax code
SME Times News Bureau | 19 Aug, 2019
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| With the direct tax code (DTC) being in the works for years and report of the task force expected anytime now, tax experts hope the new draft law would ease compliance burden and reduce future litigations by incorporating orders of various high courts and the Supreme Court while settling the cases.. |
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
| Japanese
Yen |
58.85 |
56.85 |
| As on 21 Aug, 2019 |
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| Daily Poll |
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| Is the Union Budget 2019 MSME-friendly? |
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