The Indian government has raised the basic customs duty on a number of items used in electronic and mobile communications in a move aimed at narrowing down the current account deficit.
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GOLD ALERT : Government Announces Gold Bond Scheme: Important Dates, Eligibility And Other Details
The government on Monday said it would issue gold bonds every month from October to February next year. The issuance of gold bonds will be under the SGB or Sovereign Gold Bonds scheme 2018-19, the Ministry of Finance said in a statement.
Nikki Haley Resigns as US Aambassador to United Nations – Breaking News
United Nations Ambassador Nikki Haley will leave at the end of the year, the latest departure from President Donald Trump’s national security circle.
China: More retaliation on the way
With trade tensions with the US only set to increase, we expect the People’s Bank of China to allow the yuan to depreciate to 7.00 by the end of this year
RBI Made Fool – Repo Rate Kept Unchanged – Neal Bhai
The RBI today kept repo rate unchanged at 6.5%. The top management of the RBI will later interact with the media after the announcement of the monetary policy.
Read Alert – RBI Policy: Rate Hike Certain, Liquidity, Currency
A rate hike is almost certain. It is likely to be a quarter percentage (increase in repo rate) but the probability of a 50 bps increase is not ruled out,” said Saugata Bhattacharya, Chief Economist at Axis Bank.
Ahead of Vijayadashami, 210-Feet Tall Ravan Effigy Being Built in Panchkula, to be Erected on Oct 15
Chandigarh: Ahead of Vijayadashmi 2018, a 210-feet tall effigy of Ravan is being built in Panchkula. As many as 40 workers are working on the effigy which will have a 50-feet long sword. The effigy will be erected on October 15.