Morning Digest: August 12, 2022

[ad_1] From IC-814 to Pulwama, India-U.S. proposal lists Rauf Asghar role in every JeM terror attack Rauf Asghar, the brother of Jaish-e-Mohammad (JeM) chief Masood Azhar, organised, planned and executed the IC-814 hijacking in December 1999 that finally ended after the Vajpayee government agreed to release his brother Masood Azhar and two other major terrorists, India […]

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Inflation, price rise could dent India’s gold demand in July-December: World Gold Council

[ad_1] “Inflation is making it difficult for people, especially in rural areas, to save more and allocate to gold,” Somasundaram P. R., regional chief executive officer of WGC’s Indian operations, said. “Inflation is making it difficult for people, especially in rural areas, to save more and allocate to gold,” Somasundaram P. R., regional chief executive […]

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Parliament disrupted on Day 2 over price rise and GST on new items

[ad_1] The second day of the Monsoon session of Parliament had to be adjourned without any substantial business transpiring as both the Lok Sabha and Rajya Sabha on Tuesday witnessed disruptions and protests over price rise and the newly imposed goods and services tax (GST) on essential commodities. Also read:Parliament’s Monsoon Session, Day 2 updates […]

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Inflation continued to hit FMCG industry ‘hard’ in June quarter: GCPL

[ad_1] The country’s FMCG industry continued to be ‘hit hard by inflation levels’ leading to successive price increases as well as to an impact on volumes during the three months ended June, according to Godrej Consumer Products Ltd (GCPL). In its update for the first quarter of the current fiscal, the FMCG player also said […]

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Passenger vehicle retail sales in India up 40% in June as semiconductor supply improves

[ad_1] According to the Federation of Automobile Dealers Associations, passenger vehicle registrations rose to 2,60,683 units last month, as compared to 1,85,998 units in June 2021 According to the Federation of Automobile Dealers Associations, passenger vehicle registrations rose to 2,60,683 units last month, as compared to 1,85,998 units in June 2021 Passenger vehicle retail sales […]

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Monetary, fiscal authorities taking steps to moderate inflation, push growth: DEA Secretary

[ad_1] Apart from growth and inflation, authorities are also working on the management of the rupee and retaining the fiscal balance: Seth Apart from growth and inflation, authorities are also working on the management of the rupee and retaining the fiscal balance: Seth Monetary and fiscal authorities are taking steps to moderate inflation and push […]

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Ramco Cements raises price by ₹20-25 per bag in South

[ad_1] In an analysts’ call, the company officials said the price increase was being effected in view of the rise in fuel prices In an analysts’ call, the company officials said the price increase was being effected in view of the rise in fuel prices Ramco Cements has announced a price increase of ₹20-25 per […]

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