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Day: August 2, 2022

No GST on chequebooks for customers: Nirmala Sitharaman

No GST on chequebooks for customers: Nirmala Sitharaman

August 2, 2022 0

Finance minister Nirmala Sitharaman on Tuesday said there is no GST on chequebooks for bank customers, as she tried to clear “misinformation” over issues related […]

Akasa Air to launch Chennai-Mumbai flight from Sept 15

Akasa Air to launch Chennai-Mumbai flight from Sept 15

August 2, 2022 0

Akasa Air on Tuesday said it would fly daily direct flights on the Chennai-Mumbai route from next month onwards as its gears to launch its […]

India’s unemployment lowest in 6 months at 6.80% in July: CMIE

India’s unemployment lowest in 6 months at 6.80% in July: CMIE

August 2, 2022 0

The unemployment rate dropped to 6.80 per cent in July from 7.80 per cent in June, the CMIE data said. Rural unemployment declined 6.14 per […]

India’s preliminary trade deficit widens to $31 billion in July

India’s preliminary trade deficit widens to $31 billion in July

August 2, 2022 0

India’s July trade deficit widened to $31.02 billion, pushed by a rise in crude oil and coal imports, from $10.63 billion a year earlier, a […]

There is no collapse in Indian rupee, asserts FM Sitharaman

There is no collapse in Indian rupee, asserts FM Sitharaman

August 2, 2022 0

Replying to supplementaries, she said interventions that are happening from the RBI side are more for containing volatility that is happening between the Indian rupee […]

Zomato appoints four CEOs, to change name to Eternal

Zomato appoints four CEOs, to change name to Eternal

August 2, 2022 0

Zomato, backed by Ant Group Co., Temasek Holdings Pte. and Goldman Sachs Group Inc., said in an internal memo that it will name CEOs to […]

Rupee outperforms Asian FX on exporter, custodial flows

Rupee outperforms Asian FX on exporter, custodial flows

August 2, 2022 0

The rupee was trading at 78.63 as of 0646 GMT, compared with the previous close of 79.02. Earlier in the session, the unit had climbed […]

SpiceJet clears all dues with Airports Authority of India

SpiceJet clears all dues with Airports Authority of India

August 2, 2022 0

The airline will revert to advance payment mechanism for its daily operations, and AAI will release a 500 million rupees ($6.33 million) bank guarantee, the […]

Rupee breaks below 79 per dollar, bond yield at 3-month low

Rupee breaks below 79 per dollar, bond yield at 3-month low

August 2, 2022 0

The partially convertible rupee was trading at 78.95 per dollar compared to its close of 79.02 after touching 78.94, its strongest since July 7. Business […]

Winemaker Sula to test IPO market after tech unicorns flop

Winemaker Sula to test IPO market after tech unicorns flop

August 2, 2022 0

Sula Vineyards Ltd., which last month filed for an initial public offering, says it has over a 50% share of India’s small but rapidly growing […]

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