Business

Jayant Patil has said the previous Devendra Fadnavis-led government had placed supplementary demands of thousands of crores last year before the October 21 Assembly elections.

Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding.

Analysts attributed the fall in prices to trimming of positions by investors, tracking a weak trend in global market. Globally, gold was trading 0.49 per cent lower at USD 1,552.50 an ounce in New York.

Nearly 55,000 public depositor holders, including retail and UP Power Corporation Employees, have demanded payments aggregating to Rs 5,200 crore from the troubled mortgage players as of December 17.

The duty cut has been made under the ASEAN agreement and the India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA), the notification added.

At the interbank foreign exchange, the rupee opened at 71.30 then gained further ground and touched 71.29 against the US dollar, showing a rise of 7 paise over its previous closing.

The finance ministry informed that private sector will share 22-25 per cent of NIP investments, and the Centre and States will share the rest of the cost equally.

On Monday, rupee had settled for the day at 71.31 against the US dollar.

The government had created a buffer stock of 56,000 tonnes for the current year but it was not sufficient to contain the prices which are still ruling above Rs 100 per kg in most cities across the country. As a result, the government was compelled to impo...

At 10:34 am, the benchmark S&P BSE Sensex stood at 41,359.80, up 196.04 points, or 0.48%, while the Nifty 50 index rose 59.40 points, or 0.49%, to 12,185.95.

After trading on a volatile note through the day, the 30-share BSE Sensex ended at 181.40 points, or 0.44 per cent, lower at 41,461.26.

The tribunal modified its earlier directive passed on December 17, wherein it had asked the markets watchdog to pass an order within 15 days in the case.

Tata Motors Ltd shares were trading up 1.2% after the company started taking bookings today for its first electric SUV Nexon EV that will offer a range of 'not less than 300 km per charge'.

The World Bank report, which covers four debt surges from 1970-2018, says the wave could be more damaging since it would engulf private companies in addition to governments, at a time when economic growth is sluggish.

HDFC Securities Senior Analyst (Commodities) Tapan Patel said spot gold for 24 karat in Delhi was trading higher by Rs 12 amid steady global gold prices while the rupee depreciation supported prices to trade firm.

Despite struggling with some of the world's worst air pollution levels, India has already pushed back a deadline to cut emission levels to up to 2022.