Business

July 13, 2025 8:09 PM

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India’s gross direct tax collections surged 274% in 10 years

The gross direct tax collections in the country have witnessed a 274 percent growth over the last ten years. Finance Ministry sources said that between 2013-14 and 2024-25, the refunds issued by the tax department have increased by 474 percent, and the taxpayer base has grown by 133 percent. The ave...

July 11, 2025 7:54 PM

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MoS for Finance Pankaj Chaudhary inaugurates Trade Facilitation Conference 2025

Minister of State for Finance Pankaj Chaudhary today emphasised on the commitment of the Government to build a modern and efficient testing framework that supports economic growth, compliance, and ease of doing business. Mr Chaudhary made these remarks while inaugurating the Trade Facilitation Confe...

July 11, 2025 5:11 PM

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Sensex, Nifty end trading session in negative territory for 3rd straight day

The benchmark domestic equity indices, Sensex and Nifty, ended the trading session in negative territory for the third straight day today. Both indices fell nearly one per cent, weighed down by selling pressure in IT stocks and continued uncertainty over US President Donald Trump’s trade policies. &...

July 11, 2025 12:33 PM

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₹2,000 notes not in circulation but still legal tender: RBI Governor

Reserve Bank of India Governor Sanjay Malhotra clarified that while ₹2,000 currency notes are no longer in circulation, they remain legal tender. He made the statement while briefing the Parliamentary Standing Committee on Finance about the Indian economy’s growth.   Several Members of Parliame...

July 10, 2025 6:36 PM

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Gold & Silver prices down

           In the Indian Bullion Market, 24 Karat Gold was trading over 0.3 per cent down at 97,110 rupees per 10 grams, and Silver 999 Fine was also trading over 0.9 per cent down at 1,08,390 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the August contract was tr...

July 10, 2025 6:57 PM

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Major Asian markets show positive cues, European indices trading high

        Major Asian markets exhibited positive cues today, with the exception of Japan’s Nikkei. South Korea's Kospi index rose 1.55 percent, Hong Kong's Hang Seng added 0.57 percent, China’s Shanghai Composite gained 0.47 percent, and Singapore's Straits Times Index advanced 0.44 percent. However, ...

July 10, 2025 6:51 PM

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Rupee appreciates by 4 paise to close at 85.69 against US dollar

In the Forex market, the rupee today settled higher by 4 paise at 85.69 against the US dollar, supported by US-India trade deal optimism, even as domestic equity markets were closed in the negative territory. The dollar index, which indicates US dollar's strength against a basket of six other leadin...