Business

August 21, 2023 5:18 PM

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G20 Summit Shines Spotlight on India's Digital Prowess and Global Leadership

In a dynamic discussion on Akashvani's Spotlight program, economic analyst Sushma Ramachandran and anchor Lalima Aneja Dang delved into the significance and key priorities of the G20 Meeting on the Digital Economy, highlighting India's burgeoning digital prowess and global leadership. The ...

August 21, 2023 5:14 PM

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Gold prices rise by three rupees, trades at Rs 58,378/ 10 gram

Gold prices today rose by three rupees at Multi Commodity Exchange for October contracts. The precious metal was trading at 58,378 rupees per 10 grams. Silver surged by 331 rupees to trade at 71,566 rupees per kilogram for September Contracts when reports last came in.   In the global markets, ...

August 21, 2023 1:51 PM

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EPFO adds 17.89 lakh net members in June this year

The EPFO has added 17 lakh and 89 thousand members on net basis in June this year. As per the Labour Ministry data, month to month comparison of the payroll data shows an increasing trend in the enrollment with adding up of 9.71 per cent net members over previous month of May 2023. The overall remit...

August 18, 2023 5:07 PM

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Rupee close at 83.10 rupees against US dollar

In the forex market, the rupee closed at 83 rupees and 10 paise against the US dollar. The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was at 103.50 in intra-day trade.

August 18, 2023 1:28 PM

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Don't compound penal interest on loans : RBI to Banks, NBFCs

Reserve Bank issued guidelines to banks, NBFCs on levying of penal rates of interest on loans. RBI in a circular dated 18th Aug 2023 mentioned that there shall be no capitalisation of penal charges i.e., no further interest computed on such charges. After reviewing the practices followed by Banks on...

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