by PTI News | Feb 2, 2022 | 1:56 pm | Commodities, News
New Delhi, Feb 2 (PTI) Guar gum prices on Wednesday fell Rs 197 to Rs 11,655 per five quintal in futures market as traders offloaded their holdings in line with weak trend in spot market.On the National Commodity and Derivatives Exchange, guar gum for February delivery declined by Rs 197, or 1.66 per cent, to [...]
by PTI News | Feb 2, 2022 | 1:46 pm | Economy, News
New Delhi, Feb 2 (PTI) India's budget for the fiscal beginning April focuses on giving a boost to the ongoing economic recovery through a sharp increase in capex spending but is short on major growth-enhancing structural reform announcements, Fitch Ratings said Wednesday.The deficit targets present in the Union budget 2022-23 by Finance Minister Nirmala Sitharaman [...]
by PTI News | Feb 2, 2022 | 1:33 pm | Commodities, News
OPENING RATES SILVER SPOT (IN RS PER KILO): 61375.00 STANDARD GOLD (99.5) : 47816.00 PURE GOLD (99.9) : 48008.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 61400.00 RS. PER KG.SILVER RDY.(PORTION) : 61500.00 RS. PER KG.GOLD (24 CARAT) RDY. : 48700.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 46200.00 RS. PER 10 GMS.HALLMARKED GOLD(22 CARAT) [...]
by PTI News | Feb 2, 2022 | 1:27 pm | News
(Amount in ? crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment 502,883.68 3.40 2.20-5.45 I. Call Money 7,819.75 3.25 2.20-3.60 II. Triparty Repo 402,801.15 3.39 3.20-3.65 III. Market Repo 92,219.78 3.45 2.50-3.75 IV. Repo in Corporate Bond 43.00 5.45 5.45-5.45 B. Term Segment I. Notice Money** [...]
by PTI News | Feb 2, 2022 | 1:22 pm | Commodities, News
Mumbai, Feb 2 (PTI) The domestic two-wheeler sales witnessed 21 per cent year-on-year decline in January, even as the segment registered a 14 per cent sequential growth in domestic wholesale volumes, according to credit ratings agency ICRA. The numbers are based on the data released by six major original equipment manufacturers (OEMs), ICRA said in [...]
by PTI News | Feb 2, 2022 | 1:21 pm | News
New Delhi, Feb 2 (PTI) As many as 350 customs duty exemptions have been withdrawn in the Budget 2022-23 to boost domestic manufacturing.A comprehensive review of customs duty exemption on capital goods and project imports undertaken and more than 40 customs exemptions to be gradually phased out, the Central Board of Indirect Taxes and Customs [...]
by PTI News | Feb 2, 2022 | 1:10 pm | Corporate Action, News
New Delhi, Feb 2 (PTI) Conversational engagement solutions provider Gupshup on Wednesday announced the acquisition of Knowlarity Communications for an undisclosed amount.Knowlarity offers cloud telephony, contact centre automation, AI-powered voice assistants and speech analytics solutions to over 6,000 customers across 65 countries. It has nearly 400 employees.The acquisition complements Gupshup's conversational messaging suite and establishes [...]
by PTI News | Feb 2, 2022 | 12:57 pm | News
New Delhi, Feb 2 (PTI) S&P Global Ratings on Wednesday downgraded Future Retail Ltd's long-term issuer credit rating from 'CCC-' to 'SD' after the company failed to repay the principal on its debt.Future Retail Ltd failed to make the principal payments due on its restructured domestic bank borrowings on December 31, 2021. The 30-day review [...]
by PTI News | Feb 2, 2022 | 12:54 pm | Economy, News
New Delhi, Feb 2 (PTI) State government employees will get an enhanced social security cover and will be treated at par with central government staff, as the centre has proposed hike of tax deduction limit to 14 per cent for state government employees under the National Pension System (NPS), PFRDA Chairman Supratim Bandyopadhyay said on [...]
by PTI News | Feb 2, 2022 | 12:43 pm | News
Agartala, Feb 2 (PTI) Tripura Chief Minister Biplab Kumar Deb would lay the foundation stone for Kamalpur border haat in Dhalai district in presence of Bangladesh Commerce Minister Tipu Munshi on Thursday. Tripura's Industries and Commerce Minister, Manoj Kanti Deb, Tripura Industrial Development Corporation (TIDC), chairman, Tinku Roy and Indian High Commissioner to Bangladesh, Vikram [...]
