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GST collection rises 12 pc to Rs 1.49 lakh crore in February on buoyant economic activities
Business

GST collection rises 12 pc to Rs 1.49 lakh crore in February on buoyant economic...

New Delhi, Mar 1: Goods and Services Tax (GST) collections rose 12 per cent to more than Rs 1.49 lakh crore in February as domestic economic activities and consumer spending on high-end goods gained momentum. However, the collections are lower than January mop up of Rs 1.58 lakh crore, which...
Govt to release second advance GDP estimate for 2022-23 on Tuesday
Business

Govt to release second advance GDP estimate for 2022-23 on Tuesday

New Delhi, Feb 28: Ministry of Statistics and Programme Implementation will release the second advance estimate of the Gross Domestic Product for 2022-23 along with December quarter data on Tuesday evening. The ministry will also release the revised estimate of economic growth for 2021-22 which...
Sensex, Nifty fall for 7th day on the trot on global equity losses
Business

Sensex, Nifty fall for 7th day on the trot on global equity losses

Mumbai, Feb 27: Benchmark indices Sensex and Nifty slid for a seventh straight session on Monday, logging their longest losing run in the past five months, following a bearish trend in global markets amid concerns over aggressive rate hikes by developed economies. The BSE Sensex declined by...
India ranks 42 in 55 countries on International IP Index
Business

India ranks 42 in 55 countries on International IP Index

Washington, Feb 25: India ranks 42nd among 55 leading global economies on the International IP Index released by the US Chambers of Commerce, according to which India is ripe to become a leader for emerging markets seeking to transform their economy through IP-driven innovation. “As India's size...
Here’s all you need to know about the perks of Bajaj Finserv Insta EMI Card
Business

Here’s all you need to know about the perks of Bajaj Finserv Insta EMI Card

Making purchases while running low on funds can be quite challenging. The Bajaj Finserv Insta EMI Card lets you bring home your most awaited products on EMI without affecting other monetary obligations that you might have. Through the no cost EMI feature of the Bajaj Finserv Insta EMI card, you can...
War provides thrust to India
Business

War provides thrust to India's space sectors, opens up new opportunities

Chennai, Feb 19: The ongoing war between Russia and Ukraine has opened up new opportunities for the Indian space agency, but also delayed the development of the semi-cryogenic rocket engine.While it is said that a war between nations anywhere in the world would benefit the American defence...
Moneycontrol: Assam security expert reveals 1.6 Cr Indian data at risk
Business

Moneycontrol: Assam security expert reveals 1.6 Cr Indian data at risk

Guwahati, Feb 17: Moneycontrol, a well-known financial and business portal, boasts a sizable monthly readership of 42.39 million visitors. But unfortunately, the platform experienced a data breach in March 2021 that exposed the email addresses, phone numbers, and passwords of 7 lakh Indian...
Sensex declines nearly 400 points in initial trade on weak global markets
Business

Sensex declines nearly 400 points in initial trade on weak global markets

Mumbai, Feb 17: Benchmark indices declined in early trade on Friday dragged down by IT counters amid an overall weak global market trends. The BSE Sensex declined 397.67 points to 60,921.84 points. The NSE Nifty fell 108.4 points to 17,927.45 points. Nestle, IndusInd Bank, Tech Mahindra, Wipro,...
Rupee gains 21 paise to 82.62 against US dollar
Business

Rupee gains 21 paise to 82.62 against US dollar

Mumbai, Feb 16: The rupee gained 21 paise to 82.62 against the US dollar in early trade on Thursday supported by broad dollar weakness and a firm trend in domestic equities. Forex traders said upbeat domestic trade deficit data and foreign fund inflows supported investor sentiments. At the...
RBIs MPC hikes policy rate by 25 bps
Business

RBI's MPC hikes policy rate by 25 bps

Chennai, Feb 8: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent.Wednesday's MPC meeting is the last one for this fiscal. The repo rate is the rate at which the RBI lends to the banks.Announcing the hike, RBI...
Adani Group stocks fall further in morning trade
Business

Adani Group stocks fall further in morning trade

New Delhi, Feb 6: Shares of Adani Group firms tumbled further on the bourses, with shares of Adani Enterprises witnessing a fall of 9.50 per cent as investors continue to offload their holdings. Adani Enterprises opened on a weak note at Rs 1,597.95, then fell further to Rs 1,433.60, registering...
Indias macro fundamentals not affected by Adanis FPO withdrawal: FM
Business

India's macro fundamentals not affected by Adani's FPO withdrawal: FM

Mumbai, Feb 4: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday said India's macro fundamentals and economic image are not affected by the Adani Group's withdrawal of its Rs 20,000 crore FPO. In the last two days alone, USD 8 billion in forex came in, the finance...
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