Month: August 2022

Rupee Today: The Indian currency gained as the dollar paused to take a breather ahead of the key US Federal Reserve’Jackson Hole conference and on robust capital inflows. NDTV Profit-Latest

Stock Market India: Equity benchmarks gained for the third straight session, and were heading toward weekly gains for the sixth week in a row. NDTV Profit-Latest

Bharti Airtel promoter Bharti Telecom will buy a 3.33-per cent stake from Singtel for 2.25 billion Singapore dollars or about Rs 12,895 crore in 90 days, the telecom operator said … Read More

7th pay commission: To claim tax relief, government employees must file form 10E online on the Income Tax e-filing portal. NDTV Profit-Latest

Per the RBI norms, financial services companies like Visa, Mastercard, American Express and Diners Club have been required to store Indian payment data locally since October 2018. NDTV Profit-Latest

The RBI had imposed curbs on American Express Banking Corp for not following its new ruled on “Storage of Payment System Data” in May last year. NDTV Profit-Latest

‘Annual issuances rose to ₹6 lakh crore from under ₹4 lakh crore’ The Hindu – Economy

‘Rebates on taxes, duties available for trades using dollar, euro will likely be applied to rupee exports’ The Hindu – Economy

The restrictions will remain in force for six months from the close of business on August 23, 2022. The Hindu – Economy

The Finance Ministry has made the unauthorised publication of import-export data a compoundable offence, wherein an offender can avoid prosecution by paying Rs 1 lakh compounding amount. NDTV Profit-Latest