The rupee appreciated by 6 paise to close at 79.86 (provisional) against the US dollar on Friday, supported by foreign fund inflows and a positive trend in domestic equities. However, higher crude prices in the international markets restricted the rupee’s gain, forex dealers said. It finally ended at 79.86 against the US dollar, up 6 paise from its previous close of 79.92. The dollar index, which measures the greenback’s strength against a basket of six currencies, slipped 0.13 per cent to 108.33. Also Read| Rupee ends flat at 79.84 against US dollar Brent crude futures, the global oil benchmark, rose …
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Exchanges standardise compliance by listed entities
Stock exchanges have implemented a new XBRL-based compliance filing mechanism featuring identical and homogenous compliance data structures. This will not only ease the compliance burden on listed entities but also enable analytics on the data submitted by the listed entities, a joint statement put out by BSE and the National Stock Exchange of India on Monday said. Under the aegis of Sebi Market Data Advisory committee constituted to recommend policy measures in areas such as securities market data standardisation, access and privacy, it was deliberated that XBRL would be implemented for all corporate filings. Listed entities are required to submit …