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Category: Business

Business

Diesel sales fall 3% in Sept., petrol up 5.4%

Posted on October 2, 2023 By admin
Diesel sales fall 3% in Sept., petrol up 5.4%

Consumption of diesel, the most consumed fuel in the country — accounting for about two-fifths of the demand, fell to 5.81 million tonnes in September from 5.99 million tonnes demand in the same period a year ago. | Photo Credit: ANI Diesel sales in India fell 3% in September as a receding monsoon continued to…

Read More “Diesel sales fall 3% in Sept., petrol up 5.4%” »

Business

Have household savings reduced?  – The Hindu

Posted on October 1, 2023 By admin
Have household savings reduced?  – The Hindu

For representative purposes. | Photo Credit: Getty Images The release of the Reserve Bank of India’s (RBI) Monthly Bulletin in September revealed that households’ net financial savings had fallen to 5.1% from 11.5% in 2020-21. Financial liabilities of households rose faster than their assets, with many writers highlighting this trend as an indication of rising…

Read More “Have household savings reduced?  – The Hindu” »

Business

Manipur to compensate farmers hit by ethnic violence with ₹38-crore package 

Posted on October 1, 2023 By admin
Manipur to compensate farmers hit by ethnic violence with ₹38-crore package 

The total income loss for the State in the farm sector during the violence was estimated at ₹226.5 crore. File image for representation. | Photo Credit: RITU RAJ KONWAR GUWAHATI: Manipur’s Agriculture Department has come up with a crop compensation package of ₹38.06 crore as relief for the farmers affected by the ethnic conflict that…

Read More “Manipur to compensate farmers hit by ethnic violence with ₹38-crore package ” »

Business

GST revenue growth slowed to 10.2% in September

Posted on October 1, 2023 By admin
GST revenue growth slowed to 10.2% in September

Photo used for representation purpose only. Growth in India’s gross GST revenues slowed to 10.2% in September from around 10.8% in the previous two months, but collections improved 2.3% over August revenues to touch ₹1,62,712 crore. Revenues from domestic transactions (including import of services) are 14% higher than the revenues from these sources during the…

Read More “GST revenue growth slowed to 10.2% in September” »

Business

GST Collection Rises 10% To Over Rs 1.62 Lakh Crore In September 2023

Posted on October 1, 2023 By admin
GST Collection Rises 10% To Over Rs 1.62 Lakh Crore In September 2023

Gross GST revenue collected last month was Rs 1,62,712 crore. New Delhi: Gross GST collection rose 10 per cent to over Rs 1.62 lakh crore in September, crossing the Rs 1.6 lakh crore mark for the fourth time during current financial year. Gross GST revenue collected last month was Rs 1,62,712 crore. Of this, Central…

Read More “GST Collection Rises 10% To Over Rs 1.62 Lakh Crore In September 2023” »

Business

India, Bangladesh discuss preparations to start talks for free trade agreement

Posted on October 1, 2023 By admin
India, Bangladesh discuss preparations to start talks for free trade agreement

It was discussed during an official-level meeting of the Joint Working Group on Trade (JWG) between India and Bangladesh, which was held last week in Dhaka. File. | Photo Credit: AFP India and Bangladesh have discussed preparations to start talks for a free trade agreement between the two countries to promote economic ties, an official…

Read More “India, Bangladesh discuss preparations to start talks for free trade agreement” »

Business

Commercial LPG prices hiked by over ₹200

Posted on October 1, 2023 By admin
Commercial LPG prices hiked by over ₹200

File photo of a worker unloading the LPG Cylinder. | Photo Credit: K. PICHUMANI State-run Oil marketing companies (OMCs) have hiked the prices of 19-kg commercial liquefied petroleum gas (LPG) cylinders by a little over ₹200 each with effect from October 1. Prices of LPG are revised on the first of every month.  In Chennai,…

Read More “Commercial LPG prices hiked by over ₹200” »

Business

Jaguar Land Rover Plans To Roll Out 8 Battery Electric Vehicles In India By 2030

Posted on October 1, 2023 By admin
Jaguar Land Rover Plans To Roll Out 8 Battery Electric Vehicles In India By 2030

The company currently sells one electric model — Jaguar I-Pace — in the country. New Delhi: Tata Motors-owned Jaguar Land Rover (JLR) aims to launch eight battery electric vehicles (BEVs) in India by 2030, according to a senior company executive. The company currently sells one electric model — Jaguar I-Pace — in the country. In…

Read More “Jaguar Land Rover Plans To Roll Out 8 Battery Electric Vehicles In India By 2030” »

Business

Jet Fuel Price Hiked 5 Per Cent, Commercial LPG By Rs 209

Posted on October 1, 2023 By admin
Jet Fuel Price Hiked 5 Per Cent, Commercial LPG By Rs 209

Aviation turbine fuel (ATF) price was increased by Rs 5,779.84 per kilolitre. New Delhi: Jet fuel or ATF price on Sunday was hiked by 5 per cent — the fourth straight monthly increase since July, and commercial cooking gas (LPG) rates were raised by a steep Rs 209 per 19-kg cylinder, in line with the…

Read More “Jet Fuel Price Hiked 5 Per Cent, Commercial LPG By Rs 209” »

Business

AM Naik Steps Down As Chairman Of L&T Group

Posted on September 30, 2023 By admin
AM Naik Steps Down As Chairman Of L&T Group

AM Naik joined the company in 1965 as a junior engineer. (File) New Delhi: AM Naik stepped down as the chairman of L&T Group on Saturday. He handed over the reins of the $23 billion conglomerate to SN Subrahmanyan at an event in Mumbai. AM Naik, 81, will now be the chairman of the employees…

Read More “AM Naik Steps Down As Chairman Of L&T Group” »

Business

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