India Business News: GST Amnesty, PMI, Stocks, Rupee & More - Nov 3
By Rediff Money Desk, NEWDELHI Nov 03, 2023 21:06
Get the latest business news from India, including GST amnesty, PMI services data, stock market updates, rupee value, and more. Find key business highlights here.
![India Business News: GST Amnesty, PMI, Stocks, Rupee & More - Nov 3](https://im.rediff.com/money/2023/may/03-may-services.jpg)
Illustration: Dominic Xavier/Rediff.com
New Delhi, Nov 3 (PTI) Following are the top business stories at 2100 hours:
DEL49 BIZ-GST-AMNESTY SCHEME
GST: FinMin launches amnesty scheme for filing appeals against demand orders
New Delhi: The finance ministry has come out with an amnesty scheme for filing appeals against Goods and Services Tax (GST) demand orders.
DEL14 BIZ-PMI-SERVICES
Services sector activity in India hits 7-month low in Oct on softer increase in output, new business: PMI
New Delhi: The services sector growth in India fell to a seven-month low in October on softer increase in output and new business, amid competitive conditions and price pressures, a monthly survey said on Friday.
DEL69 BIZ-LD STOCKS
Equity benchmarks stay on upward track for 2nd day on positive global trends
Mumbai: Equity benchmark indices Sensex and Nifty sustained their upward movement for the 2nd straight day and ended with gains on Friday in line with positive trends in global markets.
DEL94 BIZ-LD RUPEE
Rupee settles 2 paise higher at 83.20 against US dollar
Mumbai: The rupee settled 2 paise higher at 83.20 against the US dollar on Friday, tracking major Asian currencies amid a weak greenback and softening crude oil prices.
DEL88 BIZ-ONION-NCCF
Besides Delhi-NCR, NCCF to sell onion at subsidised rate of Rs 25/kg in other states too
New Delhi: Besides Delhi-NCR, cooperative body NCCF on Friday said it will retail onion at a subsidised rate of Rs 25 per kg in other states too in order to provide relief to consumers from the high prices of the key kitchen staple.
DEL36 PM-LD WORLD FOOD
Sunrise food processing sector got Rs 50,000 cr worth FDI in last 9 years: PM Modi
New Delhi: India's sunrise food processing sector has attracted Rs 50,000 crore FDI in the last nine years, Prime Minister Narendra Modi said on Friday, as he stressed on reducing post-harvest losses and food wastage.
DEL87 AVI-INDIGO-AIRCRAFT
P&W engine issues to lead to more aircraft grounding in March quarter, says IndiGo
New Delhi: The country's largest airline IndiGo on Friday said there will be more grounding of aircraft due to the Pratt & Whitney engine issues in the fourth quarter and is taking a range of mitigating measures.
DCM43 AVI-AIR INDIA-FLIGHTS
Air India to add 30 new planes in next six months; fly to four more overseas destinations
New Delhi: Air India on Friday said it expects to induct more than 30 new planes, add over 400 weekly services and operate to four new international destinations in the next six months.
DEL78 BIZ-RBI-FOREX
India's forex reserves rise by USD 2.58 billion to USD 586.11 billion
Mumbai: India's foreign exchange reserves increased by USD 2.579 billion to USD 586.111 billion in the week ended on October 27, the Reserve Bank of India said on Friday.
DEL54 BIZ-GOLD-PRICE
Gold rises Rs 50; silver plunges Rs 600
New Delhi: Gold price rose Rs 50 to Rs 61,900 per 10 gram in the national capital on Friday amid a jump in the precious metal's prices globally, according to HDFC Securities.
DEL49 BIZ-GST-AMNESTY SCHEME
GST: FinMin launches amnesty scheme for filing appeals against demand orders
New Delhi: The finance ministry has come out with an amnesty scheme for filing appeals against Goods and Services Tax (GST) demand orders.
DEL14 BIZ-PMI-SERVICES
Services sector activity in India hits 7-month low in Oct on softer increase in output, new business: PMI
New Delhi: The services sector growth in India fell to a seven-month low in October on softer increase in output and new business, amid competitive conditions and price pressures, a monthly survey said on Friday.
DEL69 BIZ-LD STOCKS
Equity benchmarks stay on upward track for 2nd day on positive global trends
Mumbai: Equity benchmark indices Sensex and Nifty sustained their upward movement for the 2nd straight day and ended with gains on Friday in line with positive trends in global markets.
DEL94 BIZ-LD RUPEE
Rupee settles 2 paise higher at 83.20 against US dollar
Mumbai: The rupee settled 2 paise higher at 83.20 against the US dollar on Friday, tracking major Asian currencies amid a weak greenback and softening crude oil prices.
DEL88 BIZ-ONION-NCCF
Besides Delhi-NCR, NCCF to sell onion at subsidised rate of Rs 25/kg in other states too
New Delhi: Besides Delhi-NCR, cooperative body NCCF on Friday said it will retail onion at a subsidised rate of Rs 25 per kg in other states too in order to provide relief to consumers from the high prices of the key kitchen staple.
DEL36 PM-LD WORLD FOOD
Sunrise food processing sector got Rs 50,000 cr worth FDI in last 9 years: PM Modi
New Delhi: India's sunrise food processing sector has attracted Rs 50,000 crore FDI in the last nine years, Prime Minister Narendra Modi said on Friday, as he stressed on reducing post-harvest losses and food wastage.
DEL87 AVI-INDIGO-AIRCRAFT
P&W engine issues to lead to more aircraft grounding in March quarter, says IndiGo
New Delhi: The country's largest airline IndiGo on Friday said there will be more grounding of aircraft due to the Pratt & Whitney engine issues in the fourth quarter and is taking a range of mitigating measures.
DCM43 AVI-AIR INDIA-FLIGHTS
Air India to add 30 new planes in next six months; fly to four more overseas destinations
New Delhi: Air India on Friday said it expects to induct more than 30 new planes, add over 400 weekly services and operate to four new international destinations in the next six months.
DEL78 BIZ-RBI-FOREX
India's forex reserves rise by USD 2.58 billion to USD 586.11 billion
Mumbai: India's foreign exchange reserves increased by USD 2.579 billion to USD 586.111 billion in the week ended on October 27, the Reserve Bank of India said on Friday.
DEL54 BIZ-GOLD-PRICE
Gold rises Rs 50; silver plunges Rs 600
New Delhi: Gold price rose Rs 50 to Rs 61,900 per 10 gram in the national capital on Friday amid a jump in the precious metal's prices globally, according to HDFC Securities.
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