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August 2, 2024 8:11 PM
The Indian rupee slipped today as local stocks declined, tracking a global equity sell-off caused by concerns of a slowdown in the United States. The rupee depreciated 0.04 per cent to close at 83.75 against the U.S. dollar. The dollar index, which indicates its strength against a basket of six othe...
August 2, 2024 6:03 PM
A record 7.28 crore income tax returns (ITRs) have been filed for 2024-25 till 31st July. The Finance Ministry said in a statement that this is 7.5 per cent more than the total ITRs for 2023-24 filed till 31st July 2023. An increasing number of taxpayers have opted for the New Tax Regime this year. ...
August 2, 2024 6:01 PM
India's equity benchmark indices dropped over one per cent, tracking weak global cues. In early trade, both domestic indices, the Nifty and Sensex, plunged due to a broad sell-off. At close, Sensex slumped over one per cent, or 886 points, at 80,982, while Nifty50 dropped 293 points, or 1.17 per cen...
August 2, 2024 2:18 PM
Equity benchmark indices, the Nifty50 and Sensex opened lower today, tracking weak global cues. Both domestic indices plunged nearly 1% in early trading due to a broad selloff. Sensex, the pack of 30 companies were trading 678 points or 0.83 per cent down at 81,190 while Nifty 50 was down 215 points...
August 2, 2024 12:18 PM
The Rupee turned flat at 83 rupees 73 paise against the US currency amid weak equity markets and an upward movement in crude oil prices overseas. At the interbank currency exchange, the domestic currency opened at 83 rupees 74 paise and inched up to trade at 83 rupees 73 paise against the dollar, th...
August 2, 2024 9:15 AM
The Goods and Services Tax - GST revenue has increased by 10.3 per cent to over 1 lakh 82 thousand crore rupees last month, the third-highest collection overall. According to the data released by the Ministry of Finance, the net Goods and Services Tax (GST) collection after adjusting refunds was aro...
August 1, 2024 7:21 PM
Brent and WTI crude is trading nearly half a per cent up in the global crude market today. Brent crude increased 0.53 per cent to 81 dollars and 27 cents per barrel. The U.S. West Texas Intermediate (WTI) is up by 0.5 per cent, to 78 dollars and 30 cents per barrel, when reports last came in. ...
August 1, 2024 7:20 PM
The data released by the Ministry of Finance yesterday showed that the centre’s fiscal deficit declined to 8.1 per cent of the full-year estimate in the first quarter of the current financial year, compared with the corresponding quarter of the previous year. The increase in tax c...
August 1, 2024 7:17 PM
Sensex and Nifty hit their record highs today, driven by the expectation of a possible Fed interest cut in September. The BSE Sensex added 126 points, or 0.15 per cent, to close at 81,868. The NSE Nifty added 60 points, or 0.24 per cent, to close at 25,011. The Nifty crossed 25000 points for the fir...
August 1, 2024 5:55 PM
Four out of five major Asian Indices closed in red today. Japan's Nikkei tanked 2.49 per cent, Singapore's Straits Times index declined 1.04 per cent, and both Hong Kong's Hang Seng and China's Shanghai Composite lost over 0.20 per cent. South Korea's Kospi added 0.25 per cent. Tw...
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