Piyush Goyal with Jamieson Greer The India-US trade agreement is in the “short strokes” of negotiations, but the deal is not yet imminent. United States Trade Representative (USTR) Jamieson Greer has indicated that discussions between the two sides are continuing over unresolved issues. He added that PM Modi and US President Donald Trump could speak…
Under the earlier regime, acquiring a “major shareholding”—defined as 5% or more of a bank’s paid-up share capital, demanded prior clearance from RBI. MUMBAI: RBI has eased rules for large DIIS acquiring shares in banks, allowing eligible mutual funds, pension funds and insurance firms to obtain one-time approval to raise their aggregate holding to 10%…
Official data showed that the GST growth in Sept, based on transactions in Aug, was powered by a 26% jump in integrated GST on imported goods to Rs 65,525 crore as higher commodity prices and a weaker rupee drove up the import bill. NEW DELHI/MUMBAI/CHENNAI: It turned out to be a strong end to the…
Before the lower prices could be introduced, the companies were required to submit proposals to state excise authorities. Scotch whisky prices in India have dropped by 10-15% for the first time since the India-UK free trade agreement came into force, with Diageo and Pernod Ricard passing on lower import costs to consumers in some key…
The sister-in-law also submitted a written statement to support the man’s version. (Image for representative purpose only) An income tax raid is conducted and foreign currency is found, but it doesn’t belong to you – what happens then? A few months after demonetisation, the Income Tax Department searched a man’s property in Delhi.During the operation,…
Overall, MCX Gold continues to maintain a positive technical outlook, with 155,000 as the potential upside level. Gold and silver price prediction today: Gold is seeing some fresh buying interest, while silver is weaker in comparison, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. Here’s what the expert has to say:…
The shift in approach follows a recovery in oil flows through the Strait of Hormuz in recent months. Amid the ongoing US-Iran conflict, India’s oil refiners are changing tactics to procure crude from the Middle East through the Strait of Hormuz. This narrow channel of water has been effectively shut since the start of the…
After securing the job, she allegedly left her in-laws to deal with financial hardship and other difficulties on their own. (AI image for representative purpose only) It is a known practise for government jobs to be offered to the family of the deceased if the employee has passed away while still in service. The aim…
The new rules, effective October 15, limit dealers to 1,000 quintals and require stocks to be sold within 15 days of receipt. NEW DELHI: The Centre has further tightened stock limits for sugar dealers ahead of the festive season, capping inventories at 1,000 quintals and restricting the holding period to 15 days in a move…
BIS hallmarking serves as a system for determining the purity of precious metal articles. (Image for representative purpose only) Gold hallmarking, a sign that allows you to verify the purity of the gold you are purchasing, has become costlier. And, the fallout of that is that there is a possible rise in fraudsters who are…
