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India registered FII equity inflow of $12 billion for June quarter

India registered FII equity inflow of $12 billion for June quarter

03-07-2023  comments

New Delhi (IANS) Compared with other countries, India has registered an FII inflow (equity) of $12.2 billion for the quarter ended June 30.

On the other hand, countries such as South Korea, Taiwan and Indonesia have received far less inflows…

Centre plans to make geotagging, biometrics mandatory to identify fake business entities

Centre plans to make geotagging, biometrics mandatory to identify fake business entities

02-07-2023  comments

New Delhi (IANS) To curb the practice of fake GST invoices and bogus entities, the central government is planning to make geotagging of addresses of all companies mandatory.

Also there are plans to make biometric authentication mandatory for…

WhatsApp blocks over 65 lakh bad accounts in India in May

WhatsApp blocks over 65 lakh bad accounts in India in May

02-07-2023  comments

New Delhi (IANS) Meta-owned WhatsApp banned more than 65 lakh bad accounts in India in the month of May, in compliance with the new IT Rules 2021, the company informed on Sunday.

Between May 1 and May 31, 6,508,000 WhatsApp accounts were banned…

Maruti Suzuki sold 1.59 lakh units in June, lower than April and May figures

Maruti Suzuki sold 1.59 lakh units in June, lower than April and May figures

01-07-2023  comments

Chennai (IANS) Passenger car major Maruti Suzuki India Ltd closed June selling 159,418 units which was lower than it sold in April and May 2023 but higher than the sales numbers of June 2022.

According to Maruti Suzuki, it sold 159,418 units…

GST collections rise 3% in June to Rs 1,61,497 crore

GST collections rise 3% in June to Rs 1,61,497 crore

01-07-2023  comments

New Delhi (IANS) The gross GST revenue collected in June witnessed a meagre 2.80 per cent rise to Rs 1,61,497 crore, compared to Rs 1,57,090 crore collected in May.

Out of the GST collected in June, CGST was Rs 31,013 crore, SGST was Rs 38,292…

High-performance fragrances, eco-friendly liquid detergents to steer India’s fabric care growth story

High-performance fragrances, eco-friendly liquid detergents to steer India’s fabric care growth story

01-07-2023  comments

New Delhi (IANS) Indian mothers believe powder detergents have superlative features, however brands can push this cohort to try liquid detergents by focusing on clothing protection claims, a consumer research by global market intelligence firm Mintel…

Tomato-nomics: Tomato price may come down soon

Tomato-nomics: Tomato price may come down soon

01-07-2023  comments

Chennai (IANS) Last month, common man saw red in Tomato -- not only its colour, but also its price as it touched the stars owing to lower production, said a report by Bank of Baroda.

The good news is that with the arrival of the July-November…

Slowdown expected in consumption, real estate which could disrupt retail lending boom

Slowdown expected in consumption, real estate which could disrupt retail lending boom

30-06-2023  comments

New Delhi (IANS) An expected slowdown in consumption and/or residential real estate in FY24 could unsettle credit growth in the country, Motilal Oswal Financial Services said in a report.

“We expect the slowdown in private consumption to be…

Strong showing by auto, tech stocks drives Sensex to fresh highs

Strong showing by auto, tech stocks drives Sensex to fresh highs

30-06-2023  comments

New Delhi (IANS) Auto and IT stocks are in the limelight as the BSE Sensex traded up more than 500 points on Friday.

The Sensex is well past the 64,000 mark and breaching new highs on strong global cues.

Among the Sensex stocks, M&M…

Sensex jumps 800 points to record highs on FII buying, monsoon progress

Sensex jumps 800 points to record highs on FII buying, monsoon progress

30-06-2023  comments

New Delhi (IANS) Buoyancy in global markets and the advance of monsoon lifted Indian stock markets to new highs with the BSE Sensex surging by more than 800 points on Friday.

Domestic equities continued their northbound journey after a day’s…

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