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Just in:   • Sensex down 74 points, Nifty closes at 11,017  • TDF scheme to encourage MSMEs for defence manufacturing: Rajnath  • Banking reforms to be tailored to local needs: RBI official  • RERA a resounding success: Minister  • Despite extension, US sanctions politically motivated: Huawei 
Last updated: 05 Sep, 2017  
 India Economy News


Sensex down 74 points, Nifty closes at 11,017
SME Times News Bureau | 20 Aug, 2019
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
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
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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COAI urges cut in USO fee to 3%, telecom licence fee to 4%
SME Times News Bureau | 20 Aug, 2019
The Cellular Operators Association of India (COAI) has made a pitch for brining down the total licence fee to 4 per cent from the current 8 per cent of the adjusted gross revenue (AGR).
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All PMAY houses to be sanctioned by March 2020
SME Times News Bureau | 20 Aug, 2019
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
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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Chandrayaan-2: Durex India wants you to buy 'extra time'
SME Times News Bureau | 20 Aug, 2019
As Chandrayaan-2 came nearer to its destination after entering the lunar orbit on Tuesday, condom brand Durex published a creative ad that took Twitter users by surprise.
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Sensex up 73 pts, Nifty above 11,000
SME Times News Bureau | 19 Aug, 2019
The Sensex on Monday opened slightly higher over gains by finance and banking stocks.
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Amid slowdown, RBI Governor hints at softer approach on rates
SME Times News Bureau | 19 Aug, 2019
Indicating a softer approach on rate cuts in the wake of economic slowdown, RBI Governor Shaktikanta Das on Monday said growth is the top priority at a time when the Indian banking system is facing many challenges.
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Experts' hope high from direct tax code
SME Times News Bureau | 19 Aug, 2019
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
  Daily Poll
Is the Union Budget 2019 MSME-friendly?
 Yes
 No
 Can't say
  Commented Stories
» Sitharaman meets realty players, discuss liquidity(1)
» US military official visits Turkey for intervention in Syria(1)
» Indian SMEs lagging behind in technology adoption: Marg ERP MD(1)
 
 
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