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

Business

FM Sitharaman to India Inc: What stops you from investing

Collections from Goods and Services Tax (GST) rose 28 per cent to Rs 1.43 lakh crore in August, the Finance Ministry said. (ANI)

GST collection rises 28 pc in August to Rs 1.43 lakh cr

Mukesh Ambani buys Dubai's costliest home ever for his son

Hindustan Aeronautics Limited signed an MoU for establishing an office in Kuala Lumpur in presence of defence secretary Dr. Ajay Kumar. (Photo by arrangement)

HAL to open office in Malaysia; Defence PSU eyes at South East Asian market

The government will hold a meeting with industry stakeholders on Wednesday to explore the option of adopting a common charger for mobile phones and other portable electronic devices. (Representational image: ANI)

Common charger for all electronic devices: Govt to meet industry stakeholders

The increase in fuel inflation despite government measures to curb domestic petrol and diesel prices taken a few months ago, is a concerning factor. — DC File Image

Inflation falls for 3rd month

Reserve Bank of India asked regulated entities to ensure that the recovery agents employed by them don’t call borrowers before 8:00 am and after 7:00 pm for recovery of overdue loans. — Representational Image/PTI

Apex bank tames recovery agents

The current up move of 2535 points (for Nifty since June) is bigger than March-April rally of 2440 points, said a technical outlook by ICICI Securities. — Representational Image/PTI

Market Rises For 4th Week; FPIs pump in Rs 22K Cr In Aug.

With high volatility in the equity market, contrarian player Life Insurance Corporation of India (LIC) has chosen to buy more stocks and sell less — DC File Image

LIC net buys Rs 34,000 cr stocks in Q1

IndiGo on Wednesday announced Ras Al-Khaimah as its 100th destination in it's 6E network. . (Representational image: PTI)

Ras Al-Khaimah is IndiGo's 100th destination

Elon Musk sells nearly $7 billion worth of Tesla shares: document

On Wednesday the West Bengal Transport Corporation (WBTC) awarded the work order to Tata Motors under the ‘Grand Challenge’ initiative of Convergence Energy Services Limited (CESL). (Representational image/DC)

Tata Motors to build 1180 e-buses for Bengal government

Scooter wholesales climbed to 4,79,159 units against 3,73,695 units. Similarly, motorcycle wholesales increased to 8,70,028 units in July compared to 8,37,166 units a year ago. Three-wheeler dispatches to dealers also increased to 31,324 units from 18,132 units a year earlier. — Representational Image/DC

Passenger vehicle sales rise 11% in July: Siam

The move by the government aims at not only improving the quality of BSNL services and de-stressing the balance sheet, but also to expand the fibre reach of the company. (Representational image: PTI file)

Cabinet approves 1.64L-crore plan to revive BSNL

At the interbank foreign exchange, the rupee opened at 80 against the American dollar, then lost ground to quote at 80.05, registering a fall of 7 paise from the last close. (PTI)

Rupee falls to all-time low of 80.05 against US dollar

Columns

Sunil Gatade

Sunil Gatade | As BJP footprint grows, will it get bogged down with deadwood?

Most of the recent inductions show that the BJP, which boasts of being the world’s largest party, simply loves deadwood

Syed Ata Hasnain

Syed Ata Hasnain | The Ukraine war and the prospects in the making

The Shanghai Cooperation Organisation, which was due to meet in early September 2022, didn’t appear to offer any hope regarding Ukraine war

Manish Tewari

Manish Tewari | What India can do to end the Ukraine war

The world must, therefore, urgently push Russia to negotiate and accept the fact that Ukraine is, after all, a sovereign nation

Ranjona Banerji

Ranjona Banerji | Is your apartment as sweet as its name?

We build large monstrosities, testaments to human greed and acquisitiveness, all symbols of human yearning and name them after flowers

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

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

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

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)

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