GST revenues grew 13% in March 2023, to record the second highest monthly collections of ₹1.6 lakh crore. | Photo Credit: AFP India’s Goods and Services Tax (GST) revenues grew 13% in March, to record the second highest monthly collections of ₹1.6 lakh crore from the indirect tax, with receipts from goods imports rising 8% […]
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Image for representation purpose only. | Photo Credit: R. RAGU The government has capped the maximum rate of GST compensation cess that would be levied on pan masala, cigarettes, and other forms of tobacco and linked the highest rate to their retail sale price. The capping of the cess rate was brought in as part […]
Continue Reading.jpg "Adani to bid for more airports in India: CEO")
An inside view of the Mangaluru International Airport. The Mangaluru airport is the first of six with the Airports Authority of India (AAI) that the Adani Group took over. | Photo Credit: Special Arrangement India’s Adani Airports, part of billionaire Gautam Adani’s conglomerate, will bid for more airports in the country in its ambition to […]
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Representational image only. | Photo Credit: The Hindu The Rupee gained 24 paise to 81.73 against the U.S. dollar in early trade on March 6 amid a positive trend in domestic equities. Forex traders said foreign fund inflows also supported the local unit. At the interbank foreign exchange, the domestic unit opened at 81.85 against […]
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Maruti Suzuki India has already witnessed a production loss of close to 46,000 units due to the shortage. | Photo Credit: PTI Maruti Suzuki India expects semiconductor shortage to continue for the next few quarters leading to a further increase in order backlog of certain models, according to a senior company official. The country’s largest carmaker […]
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Market benchmarks declined in early trade. File | Photo Credit: The Hindu Market benchmarks declined in early trade on Thursday amid a largely weak trend in global equities and continuous foreign fund outflows. The BSE Sensex declined 145.4 points to 59,265.68. The NSE Nifty dipped 47.95 points to 17,402.95. From the Sensex pack, Tata Consultancy […]
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SEBI noted that Arshad Warsi has made a profit of ₹29.43 lakh and his wife has earned a profit of ₹37.56 lakh. File SEBI on March 2 barred 31 entities, including actor Arshad Warsi, his wife Maria Goretti and promoters of Sadhna Broadcast from the securities market in a case related to uploading misleading videos […]
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Representational image only. | Photo Credit: Special Arrangement Pharma major Dr. Reddy’s Laboratories is acquiring the U.S. generic prescription product portfolio of Australia’s Mayne Pharma Group for an upfront cash consideration of around $90 million. The portfolio includes 45 commercial products, four pipeline products and 40 approved non-marketed products, including generic products focussed on women’s […]
Continue ReadingFile photo used for representational purpose only. All eligible members can opt and apply jointly with their employers for higher pension till May 3, 2023 at unified members’ portal of retirement fund body EPFO. Earlier, there were apprehensions that March 3, 2023 is the last date for opting for higher pension. The URL on the […]
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Image used for representative purpose only. File | Photo Credit: K.K. Mustafah Unemployment rate for persons aged 15 years and above in urban areas declined to 7.2% during October-December 2022 from 8.7% a year earlier, the National Sample Survey Survey (NSSO) showed. Joblessness or unemployment rate is defined as the percentage of unemployed persons among […]
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