Nifty hits 8800: Nifty at peak in last 16 Month

Nifty reahes 8700: Nifty at peak in last 16 Month

Nifty – Waiting for profit growth of companies share market closed at its peak level of last 16 months yesterday. Nifty marked a record of 16 months whereas Sensex closed at its peak of 13 months. The market cap of the companies listed on BSE crossed Rs 1.1 lakh crore and made a new record.  According to…
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Foreign Currency Exchange Rate Relating to Imported and Export Goods Notice

Foreign Currency Exchange Rate Relating to Imported and Export Goods Notice

Foreign Currency Exchange Rate Relating to Imported and Export Goods Notice: In exercise of the powers conferred by section 14 of the Customs Act, 1962, and notification by Central Board of Excise and Customs No.105/2016-CUSTOMS NT, dated on 21st  July’ 2016, except as respects things completed or omitted to be completed before such supersession, Exchange Rate…
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GST Bill Enforcement – What will become expensive and what will become cheaper?

GST Enforcement – What will become expensive and what will become cheaper?

GST Constitution Amendment Bill to the Rajya Sabha unanimously approved. The Government has crossed a major milestone in implementing country’s biggest tax reforms. Now it is being said that the implementation of GST will reduce the manufacturing costs which will result in reducing the cost of manufactured goods.  The services are expected to be costly….
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FDI in the first half – India beats China & US: Report

FDI in the first half – India beats China & US: Report

FDI: India in the first half of 2015 beats China and the United States, in terms of attracting Foreign Direct Investment. During the first half of 2015 India has received foreign investment of 31 billion dollars. Report in respect of this information released on Tuesday. According to the report, in 2014, India was ranked fifth in…
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Eurozone rejects Greek request for bailout extension

Eurogroup statement on Greece

Greece asked for a one-month extension of its expiring rescue deal, but the request was swiftly rejected by the rest of the eurozone, Eurogroup statement on Greece: Official Press Release by European Council Since the 20 February 2015 agreement of the Eurogroup on the extension of the current financial assistance arrangement, intensive negotiations have taken place…
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Basel III implementation assessments of India published by Basel Committee: RBI

Basel III implementation assessments of India published by Basel Committee: RBI

RBI: The Basel Committee on Banking Supervision (BCBS) under the aegis of the Bank for International Settlements has published, on its website, assessment reports on the implementation of the Basel risk-based capital framework and the Liquidity Coverage Ratio (LCR) for India as part of the ongoing Regulatory Consistency Assessment Program (RCAP) for its member jurisdictions….
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e-Tourist Visa: January-April 2015 register a growth of 1086% over January-April 2014

e-Tourist Visa register growth of 1086% over last January-April 2014

e-Tourist Visa: Tourists arrived on e-Tourist Visa in India during January-April 2015 register a growth of 1086% over January-April, 2014 Government of India launched Tourist Visa on Arrival (TVoA) enabled by Electronic Travel Authorization (ETA), presently known as e-Tourist Visa scheme, on 27th November 2014 for 43 countries. The Government extended this Scheme to the…
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Hannover Messe: Narendra Modi promises reform for Western Investment

Hannover Messe: Narendra Modi promises reform for Western Investment

Hannover Messe, Germany: Prime Minister Narendra Modi has announced ground breaking reform in tax, administrative, financial and environmental standards at the opening of the Hannover Messe. “For us, it also has the highest priority, to create a world-class infrastructure,” he said on Sunday at the world’s largest industrial exhibition ‘Hannover Messe’ opening. The subcontinent’s time…
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