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Home  Business

Business

Govt cuts windfall tax on domestic crude, hikes levy on export of diesel, ATF

Govt cuts windfall tax on domestic crude, hikes levy on export of diesel, ATF

  • Rupee recovers 8 paise to settle at 82.62 against US dollar on forex inflows

    On the domestic equity market front, the BSE Sensex closed 555.75 points or 0.86 per cent higher at 65,387.16 points while the broader Nifty jumped by 181.50 points or 0.94 per cent to end at 19,435.30 points.
  • Inflation to start moderating from Sept onwards, says RBI Governor

    Reserve Bank Governor Shaktikanta Das on Friday said the central bank expects inflation to moderate from September onwards
  • Commerce ministry to organise workshops on promoting exports through e-commerce

    The Foreign Trade Policy 2023 has mandated to handhold and conduct outreach programmes to promote e-commerce exports
  • RBI Central Board reviews global, domestic economic situation

    The Central Board of Directors of the Reserve Bank of India on Friday reviewed the global and domestic economic situation and associated challenges.
  • BSNL, MTNL sign pact for synergy of operations

    BSNL and MTNL have signed a memorandum of understanding that will pave the way for synergy of operations between them
  • Telangana to Host India’s First Gorilla Glass Manufacturing Facility by Corning Inc.

    The proposed manufacturing facility will manufacture cover glass for market leaders in the smartphone industry.
  • GST collections for August at Rs 1,59,069 crore, 3.6 per cent lower than July

    The gross GST revenue collected in August stood at Rs 1,59,069 crore, which was 3.6 per cent less than Rs 1,65,105 crore collected in July
  • Coal India output grows 13 pc to 52.3 MT in Aug; supply up 15 pc at 59 MT

    Coal inventory at CIL's pitheads stood at a comfortable 45.3 MT as of 31 August, higher by 46 per cent compared to 31 MT on the same date last year. 
  • Royal Enfield sales rise 11 pc to 77,583 units in August

    Mid-sized motorcycle maker Royal Enfield on Friday reported an 11 per cent rise in total sales at 77,583 units in August 2023.
  • Amazon ‘excited’ about India; sees huge headroom for e-comm market growth

    E-commerce giant Amazon is "excited" about India market, charged by digitisation, economic growth and younger demographics.
  • Hyundai sales up 15 pc in August at 71,435 units

    Domestic sales rose 9 per cent to 53,830 units last month, from 49, 510 units in the year-ago period, the South Korean automaker said in a statement.
  • Commercial LPG prices reduced by Rs 158

    "New Rates in Effect: Delhi's 19kg Commercial LPG Cylinder Priced at Rs 1,522"
  • Monthly UPI-based transactions exceed 10 billion for 1st time

    The National Payments Corporation of India (NPCI) confirmed on Thursday that the monthly transaction count on UPI has surpassed 10.24 billion, accompanied by a net transaction value of Rs 15.18 trillion.
  • Rupee falls 7 paise to settle at 82.70 against US dollar

    According to Jateen Trivedi, VP Research Analyst at LKP Securities, the capital market experienced profit booking, particularly in the financial sector, which had an impact on the rupee's performance.
  • Cut and polished diamond export likely to decline 15 pc this fiscal: Report

    After a robust growth in the past two fiscals, exports of cut and polished diamonds saw a 32 per cent decline in the April-July period.
  • All-India House Price Index up by 5.1 per cent: RBI data

    The RBI releases quarterly House Price Index based on transaction-level data received from the registration authorities in ten major cities
  • Nestlé India enters into millets-based Ready-to-Make category

    FMCG maker Nestle India has entered into the millets-based Ready-to-Make (RTM) market by extending its nutrition brand a+ in the category.
  • Sebi extends timeline to submit public comments on proposal concerning account aggregator

    An Account Aggregator (AA), a RBI-regulated Non-Banking Finance Company (NBFC), helps an individual securely and digitally access and share information from one financial institution they have an account with to any other regulated financial institution in the AA network.
  • SoftBank expected to completely divest from Zomato in upcoming months

    Sources suggest that SoftBank retains approximately 2.18% of its stake in Zomato, which it is considering selling through block deals
  • Adani Group stocks fall; Adani Green Energy declines over 4 pc after OCCRP allegations

    Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks
  • Sensex, Nifty eke out marginal gains in early trade

    Equity benchmark indices Sensex and Nifty witnessed volatility in early trade on Thursday and gained marginally as investors await firmer global cues and GDP numbers
  • Rupee rises marginally to 82.62 against US dollar in early trade

    The rupee traded in a narrow range and appreciated by 1 paise to 82.62 against the US dollar in early trade on Thursday amid a positive trend in the domestic equity market
  • PhonePe forays into stock trading segment with Share.Market platform

    The Walmart group firm PhonePe has started 'Share.Market' with stocks and ETFs. It will gradually add future and options as well as other segments.
  • RBI Guv calls for stronger measures to recover bad loans in urban co-op banks

    He also stressed that the Board's role is pivotal in establishing a robust IT and cybersecurity infrastructure and availability of requisite skills at the bank level.
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