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Last updated: 05 Sep, 2017  
 India Economy News


IT notices to fund houses might accelerate outflows, dent market: Analysts
SME Times News Bureau | 06 Dec, 2021
Income Tax Department's notices to some global fund houses over alleged under-reporting of incomes may potentially lead to further outflow of funds from Indian markets, analysts said.
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OMCs keep diesel, petrol prices unchanged on Monday
SME Times News Bureau | 06 Dec, 2021
Oil marketing companies (OMC) have kept diesel and petrol prices unchanged across major Indian cities on Monday.
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Shortage of coal supplies continues to cripple non-power sectors
SME Times News Bureau | 06 Dec, 2021
The Indian Captive Power Producers Association (ICPPA) in a recent representation to Ministry of Coal, Railways and Power, has sought urgent support for normalizing the coal supplies to Captive Power Plant (CPP) based industries. It has highlighted the issue of insufficient coal rake supplies to CPP based industries at levels of 40 per cent to 50 per cent. If this is not restored immediately, it would lead to an irrevocable collateral damage of these national assets
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Omicron shadow: Indian equities plunge on FII outflows
SME Times News Bureau | 06 Dec, 2021
Continuous foreign fund outflows as well as concerns over impact of the new variant of Covid-19 on growth, dragged India's key equity market indices into the red on Monday.
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Rights, freedoms shouldn't be used by private biz to avoid regulation: SC
SME Times News Bureau | 06 Dec, 2021
The Supreme Court on Monday observed that the court must be circumspect that rights and freedoms guaranteed under the Constitution do not become a weapon in the arsenal of private businesses to disable regulations enacted in the public interest.
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Higher input costs to impact steel cos' profitability from Q3FY22: ICRA
SME Times News Bureau | 06 Dec, 2021
Rating agency ICRA on Monday said higher input costs coupled with softening steel prices are expected to impact steel companies' profitability from Q3FY22.
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Omicron concerns, MPC review to steer equities
SME Times News Bureau | 04 Dec, 2021
RBI's upcoming monetary policy review along with the release of key macro economic data points will steer the key equity indices next week.
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Bitcoin slumps up to 20% after Wall Street selloff
SME Times News Bureau | 04 Dec, 2021
Bitcoin and other cryptocurrencies fell sharply Saturday, another sign that investors were pulling back from riskier bets after this week's stock-market selloff, MarketWatch reported.
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Delhi BJP demands VAT reduction on diesel
SME Times News Bureau | 04 Dec, 2021
The Delhi unit of the BJP has demanded the reduction of Value Added Tax (VAT) on diesel as well, days after the ruling Aam Aadmi Party (AAP) government in the national capital slashed petrol prices by Rs eight per litre.
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Delhi HC to hear Reliance Infrastructure's execution petition on Monday
SME Times News Bureau | 04 Dec, 2021
The Delhi High Court will hear the execution petition of Reliance Infrastructure's subsidiary Delhi Airport Metro Express Pvt Ltd (DAMEPL) on Monday.
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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 07 Dec, 2021
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