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Home  Business

Business

Exports decline 16 pc to USD 32.25 billion in July; trade deficit shrinks to USD 20.67 billion

Exports decline 16 pc to USD 32.25 billion in July; trade deficit shrinks to USD 20.67 billion

  • Market consolidating at higher levels in absence of any positive trigger

    Domestic equities had weak handover from its global peers as high US inflation and mounting trouble in China's real estate market dented the sentiments
  • Rupee falls 29 paise to close at all-time low of 83.11 against US dollar

    The rupee depreciated 29 paise to settle at an all-time low of 83.11 (provisional) against the US dollar on Monday
  • WPI inflation stays in negative for fourth month at (-) 1.36 pc in July, food prices skyrocket

    The inflation, however, has inched up from (-)4.12 per cent recorded in June fuelled by 62.12 per cent rise in vegetable prices
  • Lytus Technologies launches payment gateway for Indian consumers

    This marks the entry of Lytus Technologies into the Indian fintech market through the introduction of its payments gateway offerings to businesses in the Indian cable and broadband sector.
  • NRIs, young professionals want a slice of Hyderabad’s plush realty

    Hyderabad’s infra received a shot in the arm with CM KCR keen on developing amenities not just for immediate needs but also to meet challenges of decades to come
  • Analysts: Markets to watch inflation data and global trends in shortened holiday week

    The movement of the rupee against the dollar and global oil benchmark Brent crude would also influence trading in the equity market.
  • Deloitte resigns as auditor of Adani firm

    Deloitte has been the auditor of APSEZ since 2017. In July 2022, it was given another five-year term.
  • Tata Motors launches Punch iCNG car in Hyderabad

    The new car is powered by a 1.2 liter Revotron iCNG engine, has voice assisted electric sunroof and more boot space. One kg of CNG gives a mileage of 26 km and the ex-showroom price is Rs.7,09,900, a press release said.
  • Toyota recalls around 168K vehicles over fire risk

    Japanese automotive giant Toyota has recalled around 1,68,000 recently manufactured vehicles in the US over a potential fire risk
  • World Bank mulling local currency lending in countries like India: Official

    World Bank is mulling local currency lending in countries like India to help borrowers save on costs, a senior official said on Friday
  • India’s forex reserves drop USD 2.42 bn to USD 601.45 bn

    India's forex reserves dropped for the third consecutive week, declining by USD 2.417 billion to USD 601.453 billion as of August 4
  • Rupee falls 16 paise to 82.82 against US dollar amid losses in local equities

    The rupee depreciated by 16 paise to settle at 82.82 against the US dollar on Friday amid weak sentiment in the equity markets
  • NCLAT stays insolvency against Coffee Day Global till the next hearing on Sep 20

    The NCLAT order came over a petition filed by Malavika Hegde, the suspended Director of CDGL and wife of late VG Siddhartha
  • Oil prices up in July by 16 per cent; highest since January 2022

    The oil market witnessed a significant surge in prices by 16 per cent in July, the highest since January 2022
  • RBI Governor pitches for global debt data sharing platform

    Reserve Bank of India Governor Shaktikanta Das on Friday pitched for a global debt data-sharing platform as part of the solution
  • Industrial production rises 3.7 per cent in June 2023

    India's industrial production rose by 3.7 per cent in June, according to the official data released on Friday
  • Govt to pay fee of empanelled mediators in consumer cases

    Empanelled mediators in consumer cases will now be paid a fee in the range of Rs 3,000-5,000 by the government which will lead to the settlement
  • PLI for large scale electronics manufacturing sees Rs 6,887cr worth investment

    The government on Friday said production-linked scheme for large scale electronics manufacturing has seen investments worth Rs 6,887 crore
  • Direct tax collections rise 16 pc to Rs 6.53 lakh crore so far this fiscal

    Gross direct tax collection grew 15.73 per cent to Rs 6.53 lakh crore till August 10 in the current fiscal, the Income Tax department said
  • Parliament passes bills to levy 28 pc GST on e-gaming, making registration mandatory for offshore platforms

    Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming
  • RBI Governor pitches for expeditious completion of quota review at IMF

    Governor Shaktikanta Das on Friday pitched for the "expeditious completion" of the general review of quotas at the International Monetary Fund
  • Stock markets decline for 2nd day on losses in pvt banks, weak global trends

    The trend in the domestic market remained weak post the RBI monetary policy and the unexpected announcement of reducing cash in the banking system
  • Markets decline in early trade

    Trend in the domestic market remained weak post the RBI monetary policy and the unexpected announcement of reducing cash in the banking system.
  • Rupee falls 8 paise to 82.74 against US dollar

    Analysts said, weak sentiment in the domestic equity market and elevated level of crude prices nearing USD 87 per barrel also weighed on the domestic unit.
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