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The Monetary Authority of Singapore, on Thursday, decided to re-centre the mid-point of the exchange rate policy band at the prevailing level of the S$NEER. Singapores central bank tightened its monetary policy for the third straight time, as global inflationary pressures and tight labor market continued to exert upward pressure on inflation. The MAS will also increase slightly the rate of appreciation of the policy […]

To 20 April 2022

Den Networks reported 35.1% rise in consolidated net profit to Rs 49.97 crore despite a 7% fall in revenue to Rs 303.46 crore in Q4 FY22 over Q4 FY21.

The World Bank has cut Indias GDP forecast for fiscal year 2022-23 to 8% from 8.7% predicted earlier, citing the impact of the war in Ukraine, high global oil prices, elevated inflation and supply disruptions. The World Bank lowered its growth estimate for India, the regions largest economy, to 8% from 8.7% for the current fiscal year to March, 2023 and cut by a full […]

The US share market finished session higher on Wednesday, 13 April 2022, as investors chased for bargain hunting following the downturn seen over the course of the trading day on Tuesday along with continued decrease by treasury yields, with the ten-year yield pulling back further off the three-year closing high set on Monday. At the close of trade, the Dow Jones Industrial Average index advanced […]

Business Wire IndiaFinsights.biz which is a popular Tally on Mobile application with more than 5,000 Users across India announced the launch of its new product for GST ITC Reconciliation. The product automates the reconciliation of GSTR 2A and 2B with Books of Accounts and thereby saves a lot of time and money for the Users. Input credit means at the time of paying GST on […]

RITES said that its joint venture (JV) with Power Mech Projects has emerged as the L-1 (lowest) bidder for the Challaghatta Depot Project of Bangalore Metro.

The Finance Ministry on Wednesday announced that the import of cotton will be fully exempted from custom duty. This notification shall come into effect on the 14th April 2022, and will remain in force up to and inclusive of the 30th September 2022, the Central Board of Indirect Taxes and Customs (CBIC) notified on Wednesday. The exemption will benefit the textile chain-yarn, fabric, garments and […]

US producer price index for final demand shot up by 1.4 percent in March after advancing by an upwardly revised 0.9 percent in February, the Labor Department reported on Wednesday. Energy prices led the way higher, skyrocketing by 5.7 percent during the month, while food prices also spiked by 2.4 percent. With the bigger than expected monthly increase, the annual rate of producer price growth […]

India registered 1,007 new cases in the last 24 hours. Daily positivity rate stands at 0.23%. Weekly Positivity Rate at 0.25%. Indias Active caseload currently stands at 11,058. Active cases stand at 0.03%. Recovery Rate currently stands at 98.76% with 818 recoveries in the last 24 hours taking the total recoveries to 4,25,06,228. 83.08 crore tests were conducted so far; 4,34,877 tests conducted in the […]