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Category: Business

Business

NMDC’s iron ore output rose 15% in December 2025, sales 19%

Posted on January 1, 2026 By admin
NMDC’s iron ore output rose 15% in December 2025, sales 19%

State-owned iron ore producer NMDC reported December output rose nearly 15% to 5.40 million tonne compared to 4.71 MT a year earlier. Sales increased almost 19% to 4.64 MT (3.91 MT). For the nine months ended December, iron ore production stood at 36.89 MT, which is 20% higher compared to 30.77 MT in the corresponding…

Read More “NMDC’s iron ore output rose 15% in December 2025, sales 19%” »

Business

Vodafone Idea gets ₹638 crore GST penalty order; to take legal action against it

Posted on January 1, 2026 By admin
Vodafone Idea gets ₹638 crore GST penalty order; to take legal action against it

 In a statutory filing, Vodafone Idea said it disagrees with the order and will take legal action against it. File photo: Special arrangement Telecom operator Vodafone Idea (VIL) on Thursday (January 1, 2026) said it has received about ₹638 crore GST penalty order from the Office of Additional Commissioner, Central Goods and Service Tax, Ahmedabad….

Read More “Vodafone Idea gets ₹638 crore GST penalty order; to take legal action against it” »

Business

GST collections rise 6.1% in December net revenue 12-month low

Posted on January 1, 2026 By admin
GST collections rise 6.1% in December net revenue 12-month low

GST refunds in December increased by nearly 31% to ₹28,980 crore, according to official data. File | Photo Credit: Getty Images/iStockphoto The Goods and Services Tax (GST) collections rose 6.1% year-on-year to ₹1.74 lakh crore in December 2025, marking a three-month high, official data showed. However, a sharp increase in refunds resulted in net revenues slumping…

Read More “GST collections rise 6.1% in December net revenue 12-month low” »

Business

Rupee falls 10 paise to close at 89.98 against U.S. dollar

Posted on January 1, 2026 By admin
Rupee falls 10 paise to close at 89.98 against U.S. dollar

Image used for representative purpose only. | Photo Credit: Reuters The rupee depreciated 10 paise to close at 89.98 (provisional) against the U.S. dollar on Thursday (January 1, 2026), the first trading session of 2026, as sustained foreign fund outflows and a negative trend in domestic equities dented investor sentiments. Forex traders said the USD/INR…

Read More “Rupee falls 10 paise to close at 89.98 against U.S. dollar” »

Business

Access Denied

Posted on January 1, 2026 By admin

Access Denied You don’t have permission to access “http://www.ndtv.com/world-news/never-lose-money-as-warren-buffett-retires-from-berkshire-a-look-at-his-most-memorable-quotes-10166945” on this server. Reference #18.2463ca17.1767262795.431d8444 https://errors.edgesuite.net/18.2463ca17.1767262795.431d8444 Source link

Business

Access Denied

Posted on January 1, 2026 By admin

Access Denied You don’t have permission to access “http://www.ndtv.com/india-news/commercial-lpg-cylinder-price-hiked-by-rs-111-domestic-rates-unchanged-10166696” on this server. Reference #18.2463ca17.1767257122.430c99ac https://errors.edgesuite.net/18.2463ca17.1767257122.430c99ac Source link

Business

ATF price cut by steep 7%, commercial LPG rate up ₹111 per cylinder

Posted on January 1, 2026 By admin
ATF price cut by steep 7%, commercial LPG rate up ₹111 per cylinder

ATF price in Delhi was cut by ₹7,353.75 per kilolitre, or 7.3%, to ₹92,323.02 per kl, according to state-owned fuel retailers. Image used for representative purpose only. | Photo Credit: V.V. Krishnan Price of aviation turbine fuel (ATF), or jet fuel, was reduced by 7.3% on Thursday (January 1, 2026), while commercial LPG rate was…

Read More “ATF price cut by steep 7%, commercial LPG rate up ₹111 per cylinder” »

Business

Govt. notifies February 1 as the end of GST compensation cess, start of new tobacco tax regime

Posted on January 1, 2026 By admin
Govt. notifies February 1 as the end of GST compensation cess, start of new tobacco tax regime

The cess was originally introduced for a period of five years to compensate States for any loss arising out of the implementation of GST. File. | Photo Credit: Getty Images/iStockphoto The Ministry of Finance on Thursday (January 1, 2026) issued a series of notifications that would bring into effect the new taxation regime for tobacco products…

Read More “Govt. notifies February 1 as the end of GST compensation cess, start of new tobacco tax regime” »

Business

Tobacco stocks tank in early trade; Godfrey Phillips down 10%

Posted on January 1, 2026 By admin
Tobacco stocks tank in early trade; Godfrey Phillips down 10%

Representative image | Photo Credit: Getty Images/iStockphoto Shares of cigarette and tobacco product makers tumbled on Thursday (January 1, 2026) morning trade after the government notified February 1 as the date from which additional excise duty on tobacco products, and a health cess on pan masala will be levied. The stock of Godfrey Phillips India…

Read More “Tobacco stocks tank in early trade; Godfrey Phillips down 10%” »

Business

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Posted on January 1, 2026 By admin

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