Economy

Economy News

Rupee dives 18 paise to fresh lifetime low of 78.22 per USD

At the interbank foreign exchange market, rupee opened firm at 77.99 and finally settled at its all-time low of 78.22, down 18 paise over its previous close of 78.04 The.

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Economy News

U.S. pressures Iran by targeting Chinese, UAE companies

By Arshad Mohammed and Daphne Psaledakis WASHINGTON (Reuters) -The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export.

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Economy News

WTO strikes global trade deals deep into overtime

By Emma Farge and Philip Blenkinsop GENEVA (Reuters) – The World Trade Organization’s 164 members approved a series of trade agreements early on Friday that included commitments on fish and.

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Economy News

U.S. energy chief to discuss record pump prices with refiners next week

By Jarrett Renshaw and Timothy Gardner WASHINGTON (Reuters) -U.S. Energy Secretary Jennifer Granholm called an emergency meeting with refining executives for next week, a department spokesperson said on Thursday, as.

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Economy News

GST Council Meet In Srinagar On June 28-29

The GST Council, which consists of states finance ministers, is also expected to discuss certain simplifications in procedures New Delhi:  The Goods and Services Tax (GST) Council, chaired by Finance.

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Business Economy News

Gold Bonds 2022-23 First Tranche To Open For Subscription On June 20

The first tranche of Sovereign Gold Bond (SGB) for 2022-23 will open for subscription for five days from June 20 Mumbai:  The first tranche of Sovereign Gold Bond (SGB) for.

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Economy News

Rules Amended For Faster Redressal Of Grievances Against Insolvency Professionals

Insolvency and Bankruptcy Board of India (IBBI) has amended rules pertaining to redressal of grievances filed against insolvency professionals New Delhi:  With a view to putting in place a streamlined.

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Economy News

Home Loans Get More Expensive; SBI Passes On RBI Rate Hikes To Borrowers

The country’s largest lender State Bank of India (SBI) has hiked the minimum interest rates for home loans to 7.55 per cent effective Wednesday. The country’s largest lender State Bank.

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Economy News

Russia needs export rethink but no capital controls, central bank chief says

(Reuters) -Russia needs to rethink the contours of its export-dependent economy to ensure that industry works for the domestic market rather but most capital controls should be scrapped, Central Bank.

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Economy News

Swiss National Bank Unexpectedly Hikes Interest Rates to Combat Inflation

By Scott Kanowsky Investing.com — The Swiss National Bank has raised interest rates by 50 basis points on Thursday, running counter to some economists’ expectations, but keeping in step with aggressive tightening of.

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