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Though rupee volatility and global uncertainties suggest that first three-month period of 2017 is a favourable time to ease rates, Reserve Bank of India (RBI) may cut rates soon, most probably in December in order to support the growth and tap favourable outlook of inflation, according to a report by DBS.

The Indian rupee appreciated for the second straight day on likely overseas funds inflow into local stocks, while bond yields dropped to fresh six-week low tracking a sharp fall in US Treasury yields, dealers said

A sharp rise in rupee value against dollar has added to the woes of exporters, who want the government to step in and peg the fixed exchange rate, taking a cue from China.

The working of Indian businesses has been severely dented by a 40 percent hike in prices of cotton yarn, tumbling values of dollar and euro against the Indian rupee and a sharp increase in minimum wages for workers in the national capital, said Apparel Export Promotion Council (AEPC) in a release on Tuesday.

Once again a volatile rupee threatens to take a toll on exporters. On Monday, India's currency touched a near 19-month high against the dollar at Rs 45.04 per dollar, recording a 13.4 percent rise over Rs 52.06 to a dollar in March 2009.

The Reserve Bank of India (RBI) Wednesday cautioned the public against fraudulent e-mails on winning millions of rupees in lotteries.

The Federation Of Indian Export Organisations (FIEO) on Monday said that higher dollar inflows from Foreign Institutional Investors (FIIs) has created rupee volatility, which in turn, severely impacting the country's export sector.

Indian plastic exporters are seeking government support as the sector, which comprises largely small and medium enterprises (SMEs), has been facing numerous challenges including the Eurozone crisis, volatility of rupee, poor infrastructure and lengthy documentation process at lower levels, which are hurting particularly the small firms.

Although Indian exporters have hailed the recent move by China to make yuan more flexible in near future, they are still apprehensive about its possible benefits, which will be nullified if rupee continues appreciating or China shows lack of commitment to what it has promised.

The knitwear industry in Tirupur is on a recovery path. It has started limping back to normalcy after all the problems it faced in the wake of rupee appreciation, global slowdown and high cost of materials, besides the rise in dyeing charges.

The goods worth crores of rupees that were destroyed in the fire were not insures. EXporters appealed to Prime Minister Manmohan Singh for compensation.

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Another jolt to the users of vehicles is slapped by the government since state-run fuel retailers have decided to hike the price of petrol and diesel by 75 and 50 paise per litre respectively from Saturday. The influence of global rise in oil price as well as downfall in the value of rupees against the US dollar has left no way except to pull up the price of foretold fuels.

Pune Stock Exchange: There are many regional stock exchanges in India. Our regional stock exchange i.e. Pune Stock Exchange Limited stands 7th in the country. Pune Stock Exchange Ltd. is a company limited by guarantee. The Exchange was established on 2nd Sept. 1982 to cater to the needs of the growing investor community in the city.trade4target is provide stock exchanges tips to the investors. Starting small, with 35 members and a few lakhs rupees business initially, the exchange has grown tremendously to over 185 members and about 15-20 crores of business daily. Much of the work is computerised with a smooth settlement system. Over 310 companies are listed with the Stock Exchange.

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Central Board of Indirect Taxes & Customs (CBIC) had issued Notification No. 44/2018- Central Tax dated 10th September, 2018 to extend the due date for furnishing the details of outward supplies in FORM GSTR-1, by such class of registered persons having aggregate turnover of more than 1.5 crore rupees in the preceding financial year or the current financial year, for the months from October, 2018 to March, 2019 till the eleventh day of the succeeding month.

The Punjab government has ordered a high-level enquiry into the multi-million-rupee scam in the agriculture sector revealed through information obtained by an NGO through the Right to Information (RTI) Act.

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ISLAMABAD: The government on Monday approved, in principle, the New Gwadar International Airport project at a cost of Rs55.4 billion, about 147% higher than the first revision, and also sanctioned a reduction in the scope of an important Gwadar road scheme. The decisions were taken by the Central Development Working Party (CDWP) - a body having the mandate to scrutinize and approve development schemes and refer the mega ones for final ratification of the Executive Committee of National Economic Council (Ecnec). Planning Commission Deputy Chairman Jehanzeb Khan chaired the CDWP meeting. The CDWP took up the New Gwadar International Airport project, which would be built with the help of Pakistan government funds and a Chinese grant of 1.52 billion yuan or Rs34 billion. The total cost of the project is Rs55.4 billion. The new Gwadar airport is considered important for the development of Gwadar Port and its free zone. The Ministry of Planning is now gradually taking back the control of the China-Pakistan Economic Corridor (CPEC) after the CPEC Authority law lapsed four months ago. The government has also brought back Hassan Dawood Butt to handle affairs in the next CPEC Joint Cooperation Committee (JCC) meeting. JCC is scheduled to meet this month and will take important decisions on the future roadmap of the multibillion-dollar strategic bilateral initiative. Butt had earlier been the deputy project director of the CPEC support project but moved to Khyber-Pakhtunkhwa Board of Investment. The original Gwadar airport project had been approved at a cost of Rs7.5 billion in 2010 and the revised one was cleared in 2015 at a cost of Rs22.2 billion. The CDWP approved the second revision on Monday with a cost of Rs55.4 billion, higher by Rs33 billion or 147% than the 2015 cost. A key reason behind the increase in cost was that the new plan was based on a detailed design of the project. The CDWP directed the Civil Aviation Authority (CAA) to review the possibility of c

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