Truworth Wellness Launches Carepass To Provide Preventive Care Benefits To Employees In Corporate Sector
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Strong month-end dollar demand from importers, mainly from oil refiners, affected the rupee value against the dollar, a forex dealer said.
Create budgetary provisions for announcements made in Start-up action plan.
Jaitley in his last Budget had announced phased reduction in corporate taxes over four years to 25 per cent from present 30 per cent.
The rupee resumed higher at 68.20 per dollar as against the last Friday's closing of 68.23 at the Interbank Foreign Exchange (Forex) market and dropped further to 68.01 before concluding at 68.07, showing a gain of 16 paise or 0.23 per cent.
The reverse repo rate will remain unchanged at 5.75 per cent, and the marginal standing facility rate and the bank rate at 7.75 per cent.
He also expressed hope that the Congress will "see reason" and help the government pass the Goods and Services Tax (GST) Bill in the Budget Session of Parliament beginning in February.
Top lender State Bank of India (SBI), and two big private sector peers - ICICI Bank and Axis Bank - say demand for credit from smaller centres in the country is helping grow their overall home-loans books.
The dollar weakened against the euro and the yen after the Federal Reserve left interest rates unchanged.
Jaitley began his three-day UK visit with an interaction with a select group of persons of Indian-origin who are associated with India-UK businesses on Sunday.
The observation came while disposing of a petition filed by Jharkhand Ispat Pvt Ltd (JIPL) Director R S Rungta, seeking modification of December 23, 2015 order by which the court had dismissed his plea for summoning former Prime Minister Manmohan Singh as...
Forex dealers said a strong opening in domestic equity markets too supported the rupee, but dollar's strength against other currencies overseas capped the gains.
"Volatility is the new normal in global economy. India has the inherent resilience to deal with emerging challenges", Economic Affairs Secretary Shaktikanta Das tweeted.
The Sensex has now lost 1,309.07 points in four straight sessions.