The Indian rupee opened flat at 70.86 per dollar on Friday against previous close 70.88.
New Delhi, Oct 3 () Madhya Pradesh and Punjab on Thursday raised concerns over delay in release of GST revenue and other funds by the Centre to the states, saying it was adversely affecting their functioning.
Apparel sales are likely to remain subdued this festive season amid the economic slowdown. Apparel manufacturers and retailers had witnessed a sharp decline in sales until August.
Leading industrialist and Godrej group Chairman Adi Godrej on Thursday said the government should not bother about fiscal deficit in slowdown times and should take steps to push growth in the second half of the fiscal while suggesting cut in income tax rates to give disposable incomes at the hands of the people.
What happens when a small business needs immediate cash to pay dues to vendors, while they are still awaiting payment from their clients.
Governor of State of Indiana, USA Eric J Holcomb on Wednesday stressed upon the need to further strengthen the existing India - US trade relations.