BUSINESS
India sees marked improvement in Global Terrorism Index: FICCI CASCADE report
Addressing the inaugural of the two-day 9th edition of ‘MASCRADE 2023’, organised by FICCI CASCADE, Agarwal said: “Illicit trade undermines national security, risks legitimate manufacturing, leaks government revenue, jeopardises public health and safety, and erodes the trust of consumers and investors alike.
Nifty falls 165 points on selling pressure as oil prices surge
Nifty fell by 165 points (-0.8 per cent) to close at 19,551 levels, Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, said.
ICICI Lombard stock reacts after company receives GST show cause notice of Rs 1728 crore
Additionally, Coforge also received a tax demand notice for Rs. 82.9 billion for FY2019–20, he said.
India’s external debt edges past $629 billion
"The external debt to GDP ratio declined to 18.6 per cent at end-June 2023 from 18.8 per cent at end-March 2023," RBI said.
28% GST on online gaming, casinos & horse racing from Oct 1: CBIC chief
“We are fully prepared to bring it into effect from October 1. As per the decision taken in the last meeting of the GST council, the related notifications are under process,” the CBIC chairman told media persons.
Father of India's Green Revolution MS Swaminathan passes away at 98
The Padma Bhushan awardee, popularly known as MS Swaminathan, passed away at Chennai at the age of 98.
FIIs sold Rs 21,640 cr in cash market in Sep
Even though the market is showing resilience, the undercurrent is weak, he said, adding that the dollar index at 106.59, the US 10-year bond yield at 4.62 per cent and Brent crude above $97 are strong headwinds that can pull the market down.
India retains 40th rank in Global Innovation Index
It has been on a rising trajectory over the past several years in the Global Innovation Index (GII), from a rank of 81 in 2015 to 40 in 2023.
Nifty has given highest returns in October: Report
In the last 10 years, the index has closed in the green on nine occasions with an average positive return of 2.9 per cent, highest average return observed in any calendar month, the report said.
India’s current account deficit jumps 7-fold in April-June quarter
"The widening of CAD on a quarter-on-quarter basis was primarily on account of a higher trade deficit coupled with a lower surplus in net services and decline in private transfer receipts," the RBI said.
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