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Easing supply side constraints of semiconductors fuel March's PV sales' rise

Easing supply side constraints of semiconductors fuel March's PV sales' rise

02-04-2022  comments

Mumbai (IANS) Easing supply side constraints of semiconductors as well as healthy demand led many passenger vehicle manufacturers to report healthy wholesales during last month.

Wholesale dispatches of passenger vehicles rose in March 2022.

IndAus ECTA 'watershed' moment for bilateral relations: PM Modi

IndAus ECTA 'watershed' moment for bilateral relations: PM Modi

02-04-2022  comments

New Delhi (IANS) Prime Minister Narendra Modi on Saturday said that India-Australia Economic Cooperation and Trade Agreement (ECTA) in such a short span of time reflects the depth of the mutual confidence between the two countries.

The process…

Equity indices open marginally high

Equity indices open marginally high

01-04-2022  comments

New Delhi (IANS) India's key equity indices -- Sensex and Nifty -- traded marginally higher during the early trade on Friday.

At 9.44 a.m., Sensex was 0.1 per cent or 69 points up at 58,638 points, whereas Nifty 0.2 per cent or 35 points…

March GST collection at record high of over Rs 1.42 lakh crore

March GST collection at record high of over Rs 1.42 lakh crore

01-04-2022  comments

New Delhi (IANS) India's GST collection touched a record high in March 2022 at Rs 1,42,095 crore, official data showed on Friday.

The previous record high stood at Rs 1,40,986 crore collected in January 2022.

On a year-on-year basis,…

Indian startups raise $12 bn in 2022's Q1: Report

Indian startups raise $12 bn in 2022's Q1: Report

01-04-2022  comments

New Delhi (IANS) Domestic startups have raised over $12 billion during the first three months of 2022 as compared to $4 billion during the same period in the previous year, says a report.

According to data tracking platform Fintrackr, 528 startups,…

Petrol, diesel prices raised again

Petrol, diesel prices raised again

31-03-2022  comments

New Delhi (IANS) State-owned oil marketing companies (OMC) on Thursday raised the prices of petrol and diesel for the ninth time in the last 10 days.

These prices were revised for the very first time on March 22, after a gap of more than four…

Airtel joins Tech Mahindra to develop 5G use cases in India

Airtel joins Tech Mahindra to develop 5G use cases in India

31-03-2022  comments

New Delhi (IANS) Bharti Airtel and Tech Mahindra on Thursday announced a strategic partnership to co-develop and market 5G use cases in India.

Airtel and Tech Mahindra will set up a joint 5G innovation lab for developing 'Make in India'…

India Ratings revise its FY23 GDP growth forecast downwards to 7-7.2%

India Ratings revise its FY23 GDP growth forecast downwards to 7-7.2%

30-03-2022  comments

New Delhi (IANS) Ratings agency India Ratings and Research (Ind-Ra) on Wednesday revised India's FY23 forecast downwards to 7-7.2 per cent.

Accordingly, the ratings agency believes that its 'FY23 Economic Outlook' released in January…

Centre approves hike in DA/DR to its employees & pensioners

Centre approves hike in DA/DR to its employees & pensioners

30-03-2022  comments

New Delhi (IANS) The Union Cabinet on Wednesday gave its approval for the release of an additional installment of Dearness Allowance (DA) to the Central government employees and Dearness Relief (DR) to pensioners which will be implemented from January…

Gold jewellery retailers' revenue seen rising 12-15% next fiscal: Crisil

Gold jewellery retailers' revenue seen rising 12-15% next fiscal: Crisil

30-03-2022  comments

New Delhi (IANS) Sustained high prices of gold, as well as steady demand, is expected to raise gold jewellery retailers' revenue by 12-15 per cent next fiscal, said ratings agency Crisil.

It also said that the segment's revenue is expected…

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