Sri Lanka runs out of cash to buy fuel: Here's how India is helping forex-starved nation
February 22, 2022 14:42 ISTSri Lanka's worsening foreign-exchange shortage has seriously impacted the energy sector, which largely depends on imports for fuel.
Sri Lanka's worsening foreign-exchange shortage has seriously impacted the energy sector, which largely depends on imports for fuel.
Other Asian bourses on Tuesday followed the overnight Wall Street rout and massive selloffs in European equities triggered by the Russia-Ukraine standoff.
A three-judge bench of Chief Justice NV Ramana, Justice AS Bopanna, and Justice V Ramasubramanian said the petitions will be heard in open court on March 9.
The Sensex finally ended 149.38 points or 0.26 per cent lower to settle at 57,683.59, while the broader NSE Nifty slipped 69.65 points or 0.40 per cent to 17,206.65.
Tata Sons last week appointed former chairman of Turkish Airlines Ilker Ayci as the CEO and MD of Air India.
At present, all those employees in the organised sector whose basic wage (basic pay plus dearness allowance) is up to Rs 15,000 per month at the time of joining service are mandatorily covered under EPS-95.
Rakesh Gangwal has resigned from the board as non-executive, non-independent director in Indigo airlines with immediate effect.
Goyal is a chartered accountant from the Institute of Chartered Accountants of India and holds a bachelor's degree in commerce from JNV University, Jodhpur.
NPCI has joined hands with GPS and Manam Infotech to provide UPI services in Nepal. While GPS is the authorised payment system operator, Manam Infotech will deploy UPI.
Chitra Ramkrishna is in the news after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayan ranges, in the appointment of Anand Subramanian as the exchange's group operating officer and advisor to the managing director (MD).
According to the CGST Commissionerate, the firm was engaged in availing, utilizing, and passing on a fraudulent Input Tax Credit (ITC) on the bogus invoices of around 100 Crores thereby defrauding the government exchequer.
ED initiated a money-laundering investigation on the basis of an FIR registered by The Central Bureau of Investigation (CBI).
Yes Bank founder Rana Kapoor on Wednesday was granted bail by Special PMLA Court, Mumbai in the alleged fraud case of over Rs 300 crores.
Observing that the IMF in its January 2022 update has lowered its global growth estimate for 2022, the report said India is the only large and major country listed by the IMF whose growth projection has been revised upwards in 2022-23.
While metros recovered fast from the second pandemic wave, overtaking Q1 (Jan-Mar) sales in Q4 (Oct-Dec), both in value and volume, tier 2 and 3 cities lagged behind.
The Central Bureau of Investigation (CBI) recently booked ABG Shipyard Limited, its former chairman and managing director Rishi Kamlesh Agarwal and others for allegedly cheating a consortium of two dozen lenders led by ICICI Bank.
The 30-share Sensex surged 1,736.21 points or 3.08 per cent to end at 58,142.05 – recouping the losses suffered on Monday. Likewise, the NSE Nifty soared 509.65 points or 3.03 per cent to settle at 17,352.45.
The Brent-indexed Crude oil prices crossed $96 per barrel, the highest in seven years.
We have seen that crypto-technology is underpinned by a philosophy to evade government controls. Cryptocurrencies have specifically been developed to bypass the regulated financial system. These should be reason enough to treat them with caution, RBI Deputy Governor T Rabi Sankar said.
Sitharaman, in her Budget speech on February 1, had announced that Digital Rupee or Central Bank Digital Currency (CBDC) would be issued by the RBI in the coming fiscal year. She had also announced the government will levy 30 per cent tax on gains made from any other private digital assets from April 1.
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