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Tuesday, February 20, 2024

Forex spends surge in December after 9-month low

Overseas remittances jumped to $2.4 billion in Dec 2023 from a nine-month low of $1.9 billion in Nov. The highest remittance ever was recorded in June 2023, which saw a total outgo of $3,890 million after the government announced that tax collection at source (TCS) would come into force from July 1, 2023.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/stgX0ho

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Dow soars over 1,300 pts, Sensex 900 pts

Indian markets surged on Tuesday, with the Sensex closing above 80,000 points, fueled by a global rally following Donald Trump's victory...