Silver Price Today: Silver is trading on the higher side of the Multi Commodity Exchange (MCX) on Tuesday. Check the latest city-wise prices here.
In total, the GoM on rate rationalisation will propose tax rate tweaks on 148 items to the GST Council. The GoM report is expected to be discussed by the GST Council on December 21.
In the early trade, the 30-share BSE Sensex climbed 281.12 points to 80,529.20. Meanwhile, the Nifty was also up by 91.45 points to 24,367.50.
Issuing a notification, the RBI asked all banks to take necessary steps urgently to bring down the number of inoperative/frozen accounts and make the process of activation of such accounts smoother and hassle-free.
Indian Railways also added that with the increase in coaches in Vande Bharat, passengers will get confirmed tickets and a large number of devotees can visit Maha Kumbh. After the new coaches are added, this train will have more seats in the chair car category and executive class.
Reports suggest that the Union Labour Ministry is considering increasing employees’ pension contributions and issuing an ATM card, similar to a debit card, that will allow them to withdraw money directly from ATMs in the future.
The prices of silver on Monday stood at Rs 90,700/Kg in the city of Kolkata. The price of silver was Rs 90,690/Kg on December 01. Last week on November 25, the metal was trading at Rs 87,810/Kg.
The decision to scrap windfall tax comes after nearly two months of deliberations. It will benefit the domestic producers that export the oil to other nations.
India's share markets opened with a mixed performance. On Monday, 11 out of 30 Sensex companies opened in the green, while 15 saw losses, and four traded flat.
GST was rolled out on July 1, 2017 heralding the start of 'One Nation, One Tax, One Market'. It subsumed at least 16 indirect taxes and cesses that previously existed in India, administered separately by the Centre and states, resulting in a greatly rationalised taxation structure.
The price of a 19-kg commercial LPG cylinder was increased last month by Rs 62. The latest increase in price marks the second straight hike that could impact small businesses and other enterprises like eateries, hotels and restaurants.
The rates have been increased for the second consecutive month after two rounds of reduction. The latest hike in jet fuel prices could impact the airfare before the upcoming holiday season.
Gautam Adani, addressing recent legal challenges and a U.S. indictment, emphasised his group's resilience, stating that "every attack makes us stronger" and reaffirmed their commitment to regulatory compliance and operational excellence.
India's first high-speed rail project -- the Mumbai-Ahmedabad High Speed Rail Corridor popularly known as Bullet Train -- construction is going on in full swing and the first phase of the advanced train corridor is expected to become operational in 2026.
Reports of summons had surfaced in the media after a five-count criminal indictment was unsealed in the United States District Court for the Eastern District of New York. The Adani Group last week denied all allegations as baseless and said it would seek legal recourse to defend itself.
The reserves, which had hit an all-time high of USD 704.885 billion in end-September, have been declining for multiple weeks, at a time when the rupee has also been under pressure.
It is pertinent to note that the previous low level of GDP growth at 4.3 per cent was recorded in the third quarter (October-December 2022) of financial year 2022-23.
Silver price today: Silver prices remained flat in major Indian cities on Friday. While weak demand from industrial units capped gains, firm global trends supported the white metal. Spot Silver was up 0.50 per cent to $30.42 an ounce in global markets.
Gold prices saw a significant rise on Friday, with both domestic futures and global prices gaining amid recent volatility.
Key financial deadlines for December 2024 include Aadhaar updates, changes to AU Small Finance Bank credit cards, IDBI Bank FD investments, and belated income tax return filings, all requiring timely action to avoid penalties.
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