The foreign exchange companies had removed a cap on the Pakistani rupee-dollar exchange rate. This was a key demand of the IMF as part of a programme of economic reforms it has agreed on with the debt-laden South Asian nation.
New Delhi [India], January 27 (ANI/Mediawire): Raising import duty on gold serves as an incentive for smugglers. Lowering the duty gradually could help grow the organised trade.
BSE Sensex dropped below 59,800 level as it declined 479 points to 59,637.06 while NSE's Nifty 50 fell 141 points to 17,750.60 in morning trade on Friday.
Despite facing severe foreign exchange shortage and being under economic crisis, the government of Pakistan has ordered a massive hike of 30 per cent in development funds to PKR 90 billion for Parliamentarians, according to Dawn.
The border guarding forces of India and Pakistan exchange sweets and wishes on various national and religious festivals such as Independence Day celebrations of both countries, Diwali and Eid.
The Border Security Force and the Pakistan Rangers exchanged sweets at the International Border on the occasion of the 74th Indian Republic Day in a cordial atmosphere here on Thursday.
Its revenue from operations was at Rs 2,727 crore in the reviewed quarter, against Rs 2,413 crore in the corresponding quarter the previous year, according to a statement shared with exchanges.
An atmosphere of patriotic zeal and fervour gripped the Attari-Wagah border in Punjab's Amritsar as the country commemorates the 74th Republic Day on Thursday.
Both sides exchanged views and opinions and deliberated upon capacity development and technology sharing in the field of sustainable transport development, alternate clean and green fuel, and the development of innovative transit technologies for the movement of passengers and cargo.
According to the government press release, the MOU is part of the efforts by Prasar Bharati to expand the reach of DD India Channel to showcase the country's progress through programs focusing on economy, technology, social development and also the rich cultural heritage.
In a detailed investigation carried out by SEBI, diversion of funds amounting to Rs 3,535 crore from seven subsidiaries of CDEL to Mysore Amalgamated Coffee Estates (MACEL), an entity related to promoters of CDEL, was revealed.