Rupee Vs Dollar: Like other markets, the money market too works on the basis of demand and supply; thereby, if the demand for the dollar gets high, the rupee depreciates and that is the basic working methodology of the floating exchange rate.
The introduction of CBDC (Central Bank Digital Currency) was announced in the Union Budget 2022-23 and an appropriate amendment to the RBI Act, 1934 has been included in the Finance Bill, 2022, RBI said in its annual report for 2021-22 released on Friday.
The 30-share BSE Sensex rallied 632.13 points or 1.17 per cent to settle at 54,884.66. During the day, the benchmark zoomed 684.1 points or 1.26 per cent to 54,936.63.
Loan Against Shares: To get loan, stock market investors would require to simply pledge their dematerialised shares online which is facilitated by securities depository National Securities Depository Limited (NSDL).
The CBI has now arrested Bhosale in a 2020 case against Kapoor and Wadhawan among others for alleged corruption. The CBI had recently arrested Sanjay Chhabria of Radius Developers in the case.
On the merger and acquisition front, there were 45 deals worth USD 42.73 billion, which was a 676 per cent jump in the activity by values.
As a response to global conditions, I am convinced that our Prime Minister’s Aatmanirbhar Bharat scheme is precisely the catalyst India needs to step up and strengthen self-reliance across all sectors, billionaire Indian industrialist Gautam Adani in his blog.
The government had planned to sell its entire 52.98% stake in Bharat Petroleum Corporation Ltd (BPCL) and invited Expressions of Interest (EoIs) from bidders in March 2020. At least three bids came in by November 2020.
This isn't the first time that Elon Musk has engaged in a feud with Bill Gates. Earlier, Gates had criticized the SpaceX CEO's plan to buy Twitter for $44 billion.
The 30-share BSE Sensex rallied 503.27 points or 0.94 per cent to settle at 54,252.53. During the day, it zoomed 596.96 points or 1.11 per cent to 54,346.22.
BPCL Dividend 2022, BPCL Q4 Results 2022: BPCL share price hit a 52-week low of Rs 312.20 a day after it reported 82 per cent decline in net profit.
RBI said that the registrations of five NBFCs were cancelled for violating norms related to outsourcing and fair practices code in their digital lending operations.
GST Slabs Changes News: Reducing GST slabs will involve raising taxes on some items and a reduction as well on a few items.
In addition to agencies nominated by the RBI and by DGFT, Qualified Jewellers as approved by International Financial Services Centers Authority were permitted to import gold in January.
Hindustan Zinc Stake Sale: At the current price, the sale of a 29.5 per cent stake in Hindustan Zinc will fetch around Rs 38,000 crore.
Car Insurance, Third Party Insurance Premium: The third party insurance covers any collateral damage to a third party, generally, a human being, caused due to a road accident.
On a single full charge, the car can travel up to 528 kilometres and can sprint from 0-100 km/h in just 5.2 seconds.
To control spiralling prices, the government had last week cut excise duty on petrol and diesel and also waived import duty on some raw materials used in steel and plastic industry.
TCS Share Price, TCS Dividend Ex Date 2022: TCS has fixed June 12 as the dividend payment date of Rs 22 per equity share.
SBI Dividend 2022 Ex Date, Share Price: SBI has set May 25 as the record date for the payment of Rs 7.10 dividend per equity share.
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