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Last updated: 05 Sep, 2017  
 India Economy News


Faster GDP recovery, healthy fund flows lift markets
SME Times News Bureau | 01 Dec, 2020
Better-than-expected recovery in Q2FY21 GDP, along with healthy GST collection numbers as well as in-line automobile sales' figures, pushed the Indian equity markets higher on Tuesday.
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MVA govt targets Rs 1 lakh cr investments for 2020-2021
SME Times News Bureau | 01 Dec, 2020
Despite the Covid pandemic and lockdown, the Maharashtra government has targeted investment proposals worth Rs 100,000 crore for the current fiscal to kickstart the state economy at full speed, Chief Minister Uddhav Thackeray said here on Tuesday.
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SEBI extends Covid-related reliefs for trading members, depositories
SME Times News Bureau | 01 Dec, 2020
The Securities and Exchange Board of India (SEBI) on Tuesday extended the timeline of several relaxations of regulatory requirements for trading and clearing members along with depositories in the wake of the coronavirus pandemic.
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Train operations in Punjab normalised except 32 km stretch: Chairman
SME Times News Bureau | 01 Dec, 2020
Train services in Punjab, which were suspended for almost two months due to the agitation against the three farm laws, have normalised except for a 32 km stretch near Amritsar, Chairman of the Railway Board, V.K. Yadav, said on Tuesday.
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Govt cites FII, corporate bond inflows to show 'growth story'
SME Times News Bureau | 01 Dec, 2020
The Finance Ministry on Tuesday laid down the growth numbers in foreign institutional investment (FII), foreign portfolio investments (FPI) and corporate bond issuances to show a positive momentum in the Indian economy.
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Rlys got environmental clearances for Mumbai-Ahmedabad Bullet train
SME Times News Bureau | 01 Dec, 2020
The Indian Railways has got all the requisite wildlife, forestry and coastal regulation zone clearances in Gujarat and Maharashtra for the 508-km Ahmedabad-Mumbai High Speed Rail Corridor, officials said on Tuesday.
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4 months let-off from penalty on invoices without QR code
SME Times News Bureau | 30 Nov, 2020
In an significant move to promote digital payments in Business to Customer (B2C) transactions through QR Code and GST enablement on UPI, the government has conditionally waived the penalty provisions for a period of four months from December 1, 2020 to March 31, 2021 for issuing invoices without mandatory dynamic QR code by the registered persons with a turnover exceeding Rs 500 crore, sources said.
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Hyderabad Airport's daily passenger footfall jumps to 30,000
SME Times News Bureau | 30 Nov, 2020
The daily passenger footfall at Hyderabad's Rajiv Gandhi International Airport (RGIA) has crossed 30,000 in November, a 10-fold increase since the re-commencement of domestic operations from May 25 after Covid-19 induced lockdown.
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Auto stocks to be in focus on Tuesday's trade
SME Times News Bureau | 30 Nov, 2020
As the country's stock markets recommence trade on Tuesday after an extended weekend, analysts believe that automobile, manufacturing and utilities stocks will be in focus during the upcoming session.
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Petrol, diesel price hike pauses after continuous rise
SME Times News Bureau | 30 Nov, 2020
Oil marketing companies held back the increase in the prices of petrol and diesel on Monday much to the relief of consumers who have faced consistent increase in auto fuel prices in the past week.
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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 02 Dec, 2020
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