From Income Tax Return deadline, Arun Jaitley, Sensex, rupee to Flipkart hiring, check out latest business news

Oct 09, 2018, 11:06 AM IST
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Amid rising oil prices and depreciation of Indian rupee affecting Indian economy, Finance Minister Arun Jaitley has met RBI Deputy Governor BP Kanungo to discuss RBI's data localisation norm for global financial technology companies, while Oil Minister Dharmendra Pradhan has stated that there was no question of going back on deregulation of fuel pricing. Image source: DNA

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Finance Minister Arun Jaitley on Monday met RBI Deputy Governor BP Kanungo to discuss RBI's data localisation norm for global financial technology companies. Image source: Reuters 

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Oil Minister Dharmendra Pradhan Monday said there was no question of going back on deregulation of fuel pricing despite the government asking state-owned firms to subsidise petrol and diesel by Re 1 per litre. Image source: PTI

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The rupee slumped by 30 paise to finish at a fresh lifetime low of 74.06 against the US dollar Monday amid strengthening of the greenback and steady capital outflows. Image source: Reuters

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The government today extended by a fortnight till October 31 the deadline for filing Income Tax return (ITR) and audit report for financial year 2017-18. Image source: Reuters

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In a highly volatile session, value-buying by investors in recently-battered banking, oil & gas and auto stocks reversed the three-session losing streak, helping the Sensex and Nifty to close on a positive note Monday. Image source: Reuters

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Oil Minister Dharmendra Pradhan Monday said two state refiners have placed orders for importing crude oil from Iran in November, the month when US sanctions on Iranian oil purchases take effect. Image source: Reuters

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Former Reserve Bank of India Governor Y V Reddy Monday said that there is an institutional 'vacuum' with respect to the allocation of funds to states. Image source: Reuters

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E-commerce major Flipkart on Monday said it has added 30,000 jobs in its supply chain and logistics operations, ahead of the festive sale where the Walmart-backed company will compete head-on against rival, Amazon. Image source: Reuters

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India does not have a "clear vision" and "ecosystem" in place for the promotion of electric cars, a senior official of European car manufacturer Volkswagen said in Ahmedabad on Monday. Image source: Reuters  

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