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Just in:   • Corporate India cuts gifting budget by 35-40 pc this Diwali  • Sell-off in banking stocks drag equity indices lower  • Reformative measures like GST will improve economy: Naidu  • Maruti's Dzire achieves 'fastest 1-lakh sales' mark  • Goodricke Group acquires Godfrey Phillips' tea business 
Last updated: 05 Sep, 2017  
 India Economy News


Sell-off in banking stocks drag equity indices lower
SME Times News Bureau | 18 Oct, 2017
A massive sell-off in banking sector stocks pulled the key Indian equity indices lower on Wednesday.
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RBI orders banks to immediately pay interest under GMS
IANS | 18 Oct, 2017
The Reserve Bank of India (RBI) on Tuesday advised commercial banks to "immediately" pay interest due on the Gold Monetisation Scheme (GMS), 2015.
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Minister urges builders to ensure dignified living for construction workers
SME Times News Bureau | 18 Oct, 2017
Union Housing and Urban Affairs Minister Hardeep Singh Puri on Tuesday expressed concern over the living conditions of construction workers and urged builders to ensure dignified living for them by providing the necessary basic facilities.
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CBEC to redistribute cases to clear appeals backlog
SME Times News Bureau | 18 Oct, 2017
In a move to reduce the pendency of cases, the Central Board of Excise and Customs (CBEC) has decided to allocate those pending with Principal Chief Commissioners to Commissioner rank officers within the department, an official statement said on Tuesday.
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HC refuses to set aside charges framed against Tytler, Verma
SME Times News Bureau | 18 Oct, 2017
The Delhi High Court on Tuesday refused to set aside a trial court order to frame charges against Congress leader Jagdish Tytler and controversial businessman Abhishek Verma in a corruption case.
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FM launches options trading in gold futures in MCX
SME Times News Bureau | 18 Oct, 2017
India'ss largest commodity exchange MCX on Tuesday launched options trading in gold with Finance Minister Arun Jaitley describing it as one of the steps towards formalising gold trade in the country
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Vodafone associates with HP, KPMG to help SMEs GST transition
SME Times News Bureau | 17 Oct, 2017
To enable a seamless transition to Goods and Services Tax (GST) regime for millions of small and medium enterprises (SMEs), start-ups and SOHOs (Small Offices Home Offices), Vodafone Business Services (VBS), the enterprise arm of Vodafone India, on Tuesday announced its association with HP India and KPMG in India.
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Glitter missing in Mumbai's Dhanteras shopping
SME Times News Bureau | 17 Oct, 2017
Though the glitter is lacking on Dhanteras this year, customers were coming in sufficient numbers to brighten the gold markets ahead of Diwali, top players said.
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Low volumes, profit booking subdue equity indices
SME Times News Bureau | 17 Oct, 2017
A day after touching record high levels, the equity indices closed on a flat note on Tuesday, as low volumes and profit booking subdued investors' sentiments.
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India to get $10 bn at 'World Food India 2017': Minister
SME Times News Bureau | 17 Oct, 2017
India is expected to attract investment of $10 billion in the food processing sector at the World Food India 2017 event next month, Union Food Processing Industries Minister Harsimrat Kaur Badal said on Monday.
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  Customs Exchange Rates
Currency Import Export
US Dollar
65.95
64.30
UK Pound
87.75
84.85
Euro
77.85
75.20
Japanese Yen 58.75 56.80
As on 19 Oct, 2017
  Daily Poll
Small traders even below the threshold limit too should register under GST system?
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  Commented Stories
» Starting an import export business: Basic guide for beginners(20)
» GST revamp: Relief to exporters, SMEs(13)
» Exposed: Banks behind unfairly high cost of credit(3)
» 'GST relaxations advanced Diwali celebrations'(1)
» 'Students should apply for interest subsidy on education loans'(1)
 
 
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