Net Direct Tax Mop-Up Rises 45% To Over Rs 3.39 Lakh Cr Till Mid-Jun
New Delhi- The net direct tax collections till mid-June this fiscal increased 45 per cent to over Rs 3.39 lakh crore, buoyed by decent...
GoM Fails To Reach Consensus On GST Rate Rationalisation
New Delhi- A panel of state ministers on GST rate rationalisation on Friday failed to reach a consensus as some members opposed changes to...
Big Tech’s Financial Services Play Poses Systemic Concerns Like Overleverage: RBI Governor Das
Mumbai- RBI Governor Shaktikanta Das on Friday said the entry of big tech firms into the financial sector poses systemic concerns like overleveraging at...
GST Council To Meet On June 28-29 In Srinagar
New Delhi- The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on June 28 and 29 in Srinagar.“The 47th meeting of the GST...
Indian Funds In Swiss Banks Grow 50% To Rs 30,000 Crore
New Delhi/Zurich- Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high...
Petrol, Diesel Sales Jump In June As Recovery Continues
NEW DELHI- India's petrol consumption jumped by 54 per cent and that of diesel soared by 48 per cent in the first fortnight of...
Exports Rise 20.55% To USD 38.94 Bn In May; Trade Deficit At Record USD...
New Delhi- India's merchandise exports in May rose by 20.55 per cent to USD 38.94 billion, while the trade deficit ballooned to a record...
WPI Inflation Spikes To Record 15.88% In May As Heatwave Stokes Food Prices
New Delhi- Wholesale price-based inflation surged to a record high of 15.88 per cent in May as crude prices rose and heatwave brought about a...
Rupee Slides 11 Paise Against USD, Breaches 78-Mark For First Time
Mumbai- Dropping for the third straight session, the rupee depreciated by 11 paise to close at a fresh lifetime low of 78.04 against the...
Retail Inflation Eases To 7.04% In May On Softening Food, Fuel Prices
New Delhi- Retail inflation eased to 7.04 per cent in May, mainly on account of softening food and fuel prices as the government as...