Business

India's creative goods exports increased from USD 7.4 billion in 2005 to USD 20.2 billion in 2014 making it one of the world's leading exporters in the top 10 developing economies alongside China, Hong Kong , India, Singapore, Taiwan Province of China, Tu...

The move comes after a cumulative net inflow of Rs 8,584 crore in the equity markets by Foreign Portfolio Investors (FPIs) during November and December.

The scheme, if approved by the government, is likely to be announced by the end of this month before the commencement of the Budget session.

Forex traders said the American currency weakened after minutes of Federal Reserve's policy meeting triggered uncertainty about future rate hikes.

The scheme allows banks' customers to deposit their idle gold holdings for a fixed period in return for interest in the range of 2.25-2.50 per cent.

Moreover, optimistic buying by investors ahead of Q3 earnings season supported the rally.

India is currently the world's sixth-largest economy with an annual GDP growth rate of 7.5 per cent.

Refunds amounting to Rs 1.30 lakh crore have been issued during April to December, 2018, which is 17 per cent higher than refunds issued during the same period in the preceding year.

The domestic equities mirrored a firm trend at other Asian bourses, while market sentiments were also lifted by US-China trade talks.

The investment will take place Sivasagar and Charaideo districts of Upper Assam, besides planning to hire over 300 persons in the state

Besides seeking contempt proceedings against RCom chairman and two others, Ericsson has also sought that they be 'detained in civil prison' unless they purge themselves by making the payment.

The 30-share index was trading 103.90 points, or 0.29 per cent, lower at 35,787.62 in morning trade. Similarly, the NSE Nifty declined by 28.85 points, or 0.27 per cent, to 10,763.65.

The GST Council on December 22 decided to cut tax rates on 23 goods and services, including movie tickets, TV and monitor screens and power banks and exempted frozen and preserved vegetables from the levy.

At present, the Employees' Provident Fund Organisation (EPFO) invests up to 15 per cent of its investible deposits into the exchange traded funds (ETFs) and so far such investments total about Rs 55,000 crore.

Security officials ruled out any terror-like or extreme sabotage threat in these recorded incidents, they expressed concern over the potential of this menace being misused in future to breach the airport security.

In the reporting week, foreign currency assets, a major component of the overall reserves, rose by USD 105.2 million to USD 367.970 billion.