Shutterstock.comBonds, FX and money markets to be shut on June 29
Following the Maharashtra government's declaration of June 29 as a public holiday, there will be no transactions and settlements in government securities, foreign exchange, money markets and rupee interest rate derivatives on that day, the Reserve Bank of India said. "Settlement of all outstanding transactions due on June 29, 2023 will accordingly get postponed to the next working day i.e., June 30, 2023," the central bank said. - Our Bureau
Tuesday, 27 Jun, 2023- Front Page
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India to Remain Fastest-Growing Big Economy for Next 3 Yrs: S&PIndia is projected to grow at an average 6.7% for the next three years, retaining the fastest-growing major economy tag, said S&P Global Ratings in its latest report.
Digital India Bill Draft Likely within 15 DaysThe draft of the much-anticipated Digital India Bill to govern emerging technologies such as artificial intelligence (AI) and quantum computing is likely to be opened for public consultation within the next fortnight, senior officials told ET.
ICICI Prudential Gets Notice for Alleged GST Liability of ₹492 crA central agency tasked with preventing the leakage of Goods and Services Tax (GST) revenue has completed its probe into at least six of the 30 insurance firms it is investigating over alleged malpractices regarding commission payments to their agents, and is in the process of sending them show-cause notices (SCNs), official sources aware of the ongoing scrutiny told ET.
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