Gold price slips Rs 10 to Rs 66,810, silver falls Rs 100 to Rs 77,400 | Commodities

In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 61,240 | Photo: Unsplash The price of 24-carat gold slipped Rs 10 in early trade on Monday, with ten grams of the precious metal trading at Rs 66,810, according to the GoodReturns website.… Continue reading Gold price slips Rs 10 to Rs 66,810, silver falls Rs 100 to Rs 77,400 | Commodities

UPL slips 5%, hits over 2-year low on weak June quarter results

Shares of UPL hit an over two-year low of Rs 590.10, as they slipped 5 per cent on the BSE in Thursday’s intra-day trade after the company reported a weak set of numbers for the June quarter (Q1FY24). The stock of pesticides & agrochemicals company was trading at its lowest level since March 2021. Thus… Continue reading UPL slips 5%, hits over 2-year low on weak June quarter results

Rupee slips to near one month low after US downgrade, oil firms demand

The rupee depreciated 33 paise on Wednesday and settled at a nearly one-month low of Rs. 82.59 per US dollar due to demand for safe-haven currencies after the US’ credit rating was downgraded by Fitch from ‘AAA’ to ‘AA+’, citing an “expected fiscal deterioration over the next three years”. This led to risk… Continue reading Rupee slips to near one month low after US downgrade, oil firms demand

Sula Vineyards slips 8% on Rs 116-crore excise duty notice from Maha govt

Shares of Sula Vineyards slipped 8 per cent to Rs 476.30 on the BSE in Wednesday’s intra-day trade after the company received demand notice from the Government of Maharashtra on July 31, 2023. The stock has fallen 11 per cent from its record high level of Rs 534.70 touched on Tuesday, August 1, in the… Continue reading Sula Vineyards slips 8% on Rs 116-crore excise duty notice from Maha govt

Corporation tax mop-up slips 14%; total tax collection in Q1 rises 3.38%

Premium The decline in the third month slowed due to the advance tax collections that month. Collections from the corporation tax declined nearly 14 per cent year-on-year (YoY) to Rs 1.38 trillion in the first quarter of this financial year (Q1FY24), from Rs 1.61 trillion, despite signs of economic recovery. The revenue under this… Continue reading Corporation tax mop-up slips 14%; total tax collection in Q1 rises 3.38%