Centre extends import duty exemption on tur, urad dal till March 2025
December 28, 2023 20:16 ISTTur and urad dal have been kept under free category, which means there will be no curbs on their imports.
Tur and urad dal have been kept under free category, which means there will be no curbs on their imports.
The RBI Governor noted that although the world economy is dealing with a number of difficulties, the Indian economy is macroeconomically resilient and has a strong banking system that is sustaining its growth patterns.
The Reserve Bank on Thursday said net non-performing assets ratio of banks declined to a multi-year low of 0.8 per cent at the end of September 2023 and the country's domestic financial system remains resilient.
Market update news: European markets were trading marginally lower. The US markets ended in the green on Wednesday (December 27). Global oil benchmark Brent crude declined 0.73 per cent to USD 79.07 a barrel.
Zomato has been asked by the tax authorities to pay penalties and interest from October 2019 to March 2022.
Several rules related to day-to-day life including bank work, Income Tax Returns, among others will change from January 1, 2024. Let's take a look at what will change from new year.
"Based on representations received from market participants, for ease of compliance and investor convenience, it has been decided to extend the last date for submission of 'choice of nomination' for demat accounts and mutual fund folios to June 30," the Securities and Exchange Board of India said.
The Government Securities (G-Sec) market will gain depth and liquidity via a healthy securities lending and borrowing market, which will facilitate effective price discovery, according to a notification.
Air India news: The FogCare initiative is a sincere effort to minimise inconvenience to guests whose flights are likely to get affected by fog. It will also help maintain network schedule integrity," Rajesh Dogra, Chief Customer Experience Officer of Air India, said today.
Rupee turns flat at 83.16 against US dollar in early trade.
Adani Green Energy has announced the execution of a PPA with the SECI to supply 1,799 MW of solar power.
In the year 2023, about 82 percent of Nifty stocks have given positive returns so far this year. The highest rise of 1,291 percent was seen in the shares of Jai Balaji Industries. Apart from this, Geeke Wires saw a rise of 544%, Orionpro Solutions saw a rise of 501%.
Three months ago, India jumped from seventh position to third in the automobile exports sector, surpassing powerhouses like Japan.
Air India: Air India's A350 will enter commercial service in January 2024, initially operating domestically for crew familiarisation, followed by longer-haul flying to destinations across continents. The schedule of commercial operations with the A350 will be announced in the coming weeks.
Business news: Sugam can be filed by individuals, HUFs and firms other than Limited Liability Partnerships being a resident having total income of up to Rs 50 lakh and income from business and profession.
The finance ministry said that any adverse global shock or extreme event is expected to uni-directionally impact all the economies in an interconnected and globalised world. A cross-country comparison shows that India has done relatively well.
Banks across several states will remain closed for 11 days starting with New Year - January 1, and ending with Me-Dam-Me-Phi - January 31. Scroll down to check bank holidays in the first month of 2024.
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in the foreign exchange reserves. Gold reserves were up USD 446 million to USD 47.577 billion during the week, the RBI said.
In August last year, Zomato-backed ShipRocket raised $33.5 million giving it a valuation of about $1.2 billion.
Top News
Latest News