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Last updated: 07 Dec, 2021  
 India Economy
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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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      Headlines
Petrol.9.thmb.jpg 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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Coal.9.Thmb.jpg 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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BSE.9.Thmb.jpg 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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Supreme.Court.9.Thmb.jpg 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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  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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