Many countries across the globe has been surreptitiously searching for non traditional payment and settlement mechanisms that points to 'Dollar Distancing' finally happening. .
A single judge bench of the Calcutta High Court turned down the plea from the Enforcement Directorate (ED) to freeze the assets of Rashmi Metaliks Limited and also gave a clean chit to the company in a money laundering case filed against it by the central agency. .
The Centre on Friday issued a clarification regarding GST on house rent, noting renting of a residential unit is taxable only when it is given to a business entity. .
The market capitalisation of the ICICI Bank touched Rs 6 lakh crore mark in the afternoon trade due to which shares of the bank hit record high of Rs 865.55. .
Benchmark indices ended up on Thursday on improved sentiments of investors after US inflation data for July came below estimates, raising hopes that US Fed will be slow on rate hike. .
WhiteOak Capital Asset Management has collected nearly Rs 550 crore during the new fund offer, the WhiteOak Capital Flexicap Fund. This was even after volatile market conditions and a near 40 per cent decline in gross equity inflows as reported by AMFI. .
A total of 24 coal mines in the country recorded 100 per cent production in month of July as coal production went up by 11.37 per cent to 60.42 million tonnes (MT), officials said on Thursday. .
