Sensex Crossed 32000

After the decrease in the Inflation Sensex crossed 32,000 for the first time

The major Sensex on the Indian stock market surged over 200 points on Thursday and created a new history. While the sensitive index of the Bombay Stock Exchange crossed the figure of 32,000, the major index Nifty 50 on the National Stock Exchange was also close to crossing the record level of 9,900 with a good 60-point gain in the morning trade.

Stock market analysts believe that in the market this fast has been seen by the Reserve Bank of India on the expectation of declining interest rates. It is noteworthy that the data on retail inflation, which came on Wednesday, has also recorded a record decline, which has led to a steep rise in the market.

20302 Rs 500 Notes Ians

Rupee inched up to 5 paise against Dollar

The Indian rupee mounts up to 5 paise against dollar today after selling of the US currency by exporters and banks picked up higher opening in domestic equities. Currencies overseas got unit uplift in lieu of dollar’s weakness.

Yesterday, INR shed 4 paise to close at 64.78 on fresh demand for dollar from banks and exporters due to the concern arising out of US and North Korea’s missile launch. Market started on a fresh note today, goes up to 66 points. The NSE index Nifty also rose up to 16 points, or 0.16%, early today.

Snapdeal And Flipkart

Jasper Infotech board has rejected $800-900 million offer from rival company Flipkart.

New Delhi: Bengaluru headquarter Flipkart, the country’s largest online retailer completed its commercial and legal due diligence of gurgaon based snapdeal eight weeks ago.The offer has been rejected by the Snapdeal’s board but talks are still on. It’s an ongoing discussion, said the inside sources.Currently Snapdeal, SoftBank and Flipkart declined to comment.In February 2016, the sale to Flipkart could se Snapdeal being valued at about $1 billion compared to a valuation of about$6.5 billion 

Revenue Secretary

Companies will have to print their new and old rates in newspapers - revenue secretary

New Delhi:  After the implementation of the GST, it is the challenge of reaching out to the common people for the government and controlling inflation. To monitor this, Nodal officers have been deployed throughout the country, for this the districts have been classified into 175 groups. According to Revenue Secretary Hasan al-Aadhiya, there will be a separate team for each state. Customers will not have any problem, all industry cooperates should help with their prices.