Monday, Sep 26, 2022 | Last Update : 06:02 PM IST

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Economy

 Finance Minister Nirmala Sitharaman chairs the GST Council meeting, in Chandigarh, Tuesday, June 28, 2022. (PTI Photo)

GST Council puts off compensation decision till August

A final decision is likely to be taken at the next meeting of the council in the first week of August

Reserve Bank of India. (AA file photo)

RBI hints at end to low interest regime in June

Central bank may shift its focus to taming inflation

 Union Minister for Finance and Corporate Affairs Nirmala Sitharaman gestures during a news conference after the 46th GST Council meeting, in New Delhi, Friday, Dec 31, 2021. (PTI Photo/Kamal Kishore)

GST council puts off rate hike on textiles

The matter has been referred to the tax rate rationalisation committee and it will be discussed again at the next meeting of the council

 The previous high for collection of GST revenues was in January 2022 at over Rs 1.40 lakh crore. (ANI File Image)

GST mopup hits ₹1.42 L cr in March

The key reasons behind such a huge mopup are continued recovery in the economy and anti-evasion drive by the GST authorities

 India's merchandise exports had breached the targeted USD 400 billion mark on March 23 this year. (PTI Photo)

India exports rise to record high of USD 418 bn in FY22

Outbound shipments touched an all-time high of USD 40 billion in a month in March 2022, Minister Piyush Goyal said

Market

The 30 stock S&P BSE Sensex opened deep in the red. (Photo: PTI/File)

Sensex tumbles 1,214 points; banking, auto stocks worst hit

The stocks have tumbled for the third straight day on negative cues from the global equities amid the ongoing Russia-Ukraine conflict

This is the second consecutive day of the rally in the Indian stock markets ahead of the presentation of the budget.  (PTI)

Sensex surges 850 points ahead of Union Budget 2022-23

The benchmark Sensex surged 1.47 per cent or 850.71 points to 58,864.88 points, against its previous day's close at 58,014.17 points

 RBL MD & CEO Vishwavir Ahuja went on "medical leave" and the Reserve Bank of India (RBI) appointed Yogesh Dayal as an additional director on the bank's board. (Bloomberg)

RBL Bank slumps 20 pc on leadership changes

The sudden action from the central bank raises fears about asset quality and the overall health of the bank

Representational image

LIC bats for a unified regulator to oversee all of India's financial sector

The insurer is of view that the regulatory process in all these sectors need to be simplified

Companies

The company has decided to reserve 10 per cent of shares on the offer for its policyholders under the policyholder reservation portion. (Wikipedia)

LIC IPO a treat for policyholders

With the LIC IPO coming up, there has been a spurt in opening of demat account recently

A woman walks past the logo for Google at the China International Import Expo in Shanghai. (Photo: AP)

Google to invest USD 1 bn in Airtel; to buy 1.28 per cent stake for USD 700 mn

Google made the investment as part of its Google for India Digitization Fund

 Life Insurance Corporation (LIC) Chairperson M R Kumar addresses a press conference, in Mumbai, Wednesday, April 27, 2022. The LIC IPO is opening on May 4 with a price band of Rs 902 to Rs 949 per equity share. (PTI/Shashank Parade)

LIC’s Rs.21K crore IPO, India's largest, to open on May 4

The company has decided to reserve 10 per cent of shares on the offer for its policyholders under the policyholder reservation portion

Post the merger, the promoters of Inox will become co-promoters in the merged entity. Later the board of the merged company would be re-constituted with a total board strength of 10 members, with both the promoter families having two board seats each. — DC Image

PVR, Inox Leisure ink all-stock merger deal

The boards of PVR and Inox Leisure have approved an all-stock amalgamation of Inox with PVR

Both standalone and consolidated net profit of ONGC is the second-highest profit in the country.  (Photo: RepresentationalPTI)

ONGC reports highest net profit of ₹40,306 cr; becomes India's 2nd most profitable firm

ONGC displaced Tata Steel for the No.2 spot. Tata Steel on May 3 reported a standalone net profit of Rs 33,011.18 crore

Autos

Toyota Yaris was expected to garner volumes in the segment dominated by the Honda City, Maruti Ciaz and Hyundai Verna. (Photo: PTI/File)

Toyota discontinues Yaris model

The discontinuation of Yaris has brought down one of the world’s biggest carmaker's offerings to just six models in India

 The company said on June 26 that 140 of the roughly 8,000 staff at the factory had caught the virus and two had died. (PTI Photo)

Bajaj Auto unions demand factory halt after 250 workers test COVID-19 positive

It said work there would not be stopped, however, as the company wanted to learn to “live with the virus”

A receptionist works at a Tesla showroom in Beijing, China. (Photo: AP)

Tesla working through 'challenges' with govt to launch products in India: Elon Musk

Last year, Tesla had sought a reduction in import duties on electric vehicles (EVs) in India

The micro-SUV is the recipient of the Global NCAP 5-star rating for adult occupant protection. (Photo: Twitter/@TataMotors_Cars)

Tata Punch priced at Rs 5.49 lakh

The mini-SUV from the Tatas is India’s first sub-compact SUV

In Other News

Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up from Rs 89.07 per litre to Rs 89.87 (PTI)

Petrol, diesel prices hiked again, fourth time in five days

These increase increases are the steepest single-day rise since the daily price revision was started in June 2017

 Prime Minister Narendra Modi during the virtual signing ceremony of India-Australia Economic Cooperation and Trade Agreement. (PTI)

India, Australia ink trade pact, Modi calls it 'historic moment'

Tariffs on goods of both countries to be removed or reduced

Sabyasachi advertisement on Mangalsutra campaign (Facebook)

Sabyasachi withdraws Mangalsutra campaign advertisement amid controversy

The withdrawal also came hours after MP Minister Narottam Mishra issued an ultimatum to Sabyasachi Mukherjee to withdraw the advertisement

 A pump attendant fills petrol at a petrol pump station. (PTI)

Centre cuts excise duty on petrol by Rs 5, diesel by Rs 10 on Diwali eve

Finance Ministry urged the states 'to commensurately reduce' VAT on petrol and diesel to give relief to consumers

Union Finance Minister Nirmala Sitharaman during the investors roundtable meeting hosted by FICCI and US-India Strategic Partnership Forum (USISPF), in Boston. (Photo: PTI)

UN, World Bank, IMF in need of urgent reforms: Finance Minister Sitharaman

Sitharaman arrived in the US Monday for a week-long trip to attend the annual meet of the World Bank and IMF in Washington