RBI gives green signal to HDFC, HDFC Bank merger proposal
HDFC Bank on Monday said it has got banking sector regulator RBI’s nod for the merger proposal of its parent HDFC Ltd with itself. Touted […]
Day: July 4, 2022
Why stock markets in India may rebound in July
Equity markets in India are poised to rebound from a three-month selloff triggered by rising interest rates and an exodus by foreign funds, if history […]
NTPC cranks up output by 29% as power demand spikes 17% in June
State-run NTPC clocked a 29% growth in generation in June as overall demand jumped 17% during the month from a year ago, driven by a […]
Govt can garner Rs 1L cr from duties on petroleum products
The government imposed a Rs 6 per litre tax on export of petrol and ATF and Rs 13 per litre tax on export of diesel. […]
Byju’s clears $950 mn payment to Aakash, completes $800 mn fund raise
Edtech firm Byju’s said on Monday that it has completed payment that was due for the acquisition of Aakash Educational Service and received majority of […]
Ministers’ panel on GST Appellate Tribunal to give recommendations in a month
The panel of state finance ministers on setting up a GST Appellate Tribunal is likely to give its recommendation within a month, revenue secretary Tarun […]
Highest 28% GST on luxury, sin goods to continue: Revenue secy
The government intends to continue with the top GST slab of 28 per cent for luxury and sin goods, but is open to discuss narrowing […]
India to drop windfall tax if oil prices fall $40 a barrel: Report
India will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as $40 […]
Global slowdown: Govt to increase services exports
The global slowdown has prompted the government to focus on higher services exports, which it expects will grow by around 20% to $300 billion this […]
Combined GSDP for 2020-21 exceeds GDP
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