Category: Business News
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₹ 95,480 crore GST collection in September, highest after lockdown in March
(Manisha Mahar, Intern Journalist); The collection of Goods and Services Tax (GST) increased four percent in September to Rs 95,480 crore. This is the highest GST collection ever done in any one month in the current financial year. This shows that the economy is on the way to recovery. The Finance Ministry has given information…
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Good news for the economy, an increase in export orders
(Deepshikha Gautam, Intern Journalist) New Delhi: There is good news for the economy on the export front in the country amid the Corona crisis. Exporters are getting 20 percent more orders for the upcoming October-November compared to the previous 5 months. According to exporters, the level of new orders is around the pre-Corona period and…
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Gold rises by Rs 663, silver rises by Rs 1321
(Aditya Shaw, Intern Journalist): Today, the price of gold and silver was recorded in the domestic market. According to HDFC Securities, the price of gold rose by Rs 663 to Rs 51,367 per 10 grams on Tuesday on the rise in international prices and fall in the rupee. At the same time, the price of…
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Pension Funds
(Milcah Anila, Intern Journalist) Vijayawada: Special schemes from mutual funds institutions Investments in a combination of equities, debt, and both The plan can be selected based on the risk of the investors Five-year lock-in period for investments Can be withdrawn anytime after that Many facilities compared to NPS Retirement It is very important for everyone…
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Saw 40-45% growth in customer addition in five months, says Tarun of Bajaj
(Rishitha Jaladi, Intern Journalist)New Delhi: Covid-19 has constrained clients to change their danger recognition and requests for hazard related disaster protection items are rising, said Tarun Chugh, MD, and CEO of Bajaj Allianz Life Insurance. “Over the most recent five months, we have had a development of 40-45% in the number of clients who have…
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Reliance Jio writes to DoT citing an urgent need for spectrum auctions
(Rishitha Jaladi, Intern Journalist)Mumbai: Reliance Jio writes to DoT referring to pressing requirement for range barters, says different telcos contradicting closeout to smother rivalry Reliance Jio has kept in touch with the Secretary of the Department of Telecom featuring the critical requirement for range closeout. “We comprehend that couple of specialist co-ops may be restricting range…
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Mukesh Ambani earned ₹90 cr every hour since the lockdown
(Rishitha Jaladi, Intern Journalist)Mumbai: India’s most extravagant man Mukesh Ambani, who flooded past Silicon Valley tech titan Elon Musk and Alphabet fellow benefactors Sergey Brin and Larry Page to turn into the world’s fourth-most extravagant individual, has earned ₹90 crores consistently since the March lockdown this year, as indicated by IIFL Wealth Hurun India Rich List…
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Tides all over- eventually over there
Sensex down 8 points to 37,973 Nifty down 5 points at 11,222 FMCG, banking, and realty losses on NSE Metal 2% zoom in auto, IT small profits The mid-cap index is up 0.16% on the BSE (Milcah Anila, Intern Journalist) Vijayawada: The domestic stock markets, which had been fluctuating throughout the tide, eventually ended up…
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Digital insurance towards a turnover of Rs 3,000 crore
Losses and profits in 2020–21 Digital Insurance Chairman Kamesh Goyal (Milcah Anila, Intern Journalist) MUMBAI: Digital Insurance, an online general insurance company, is all set to make a profit and a loss within the current financial year, said its chairman Kamesh Goyal. The company is promoted by Fairfax Financial Holdings, a Canadian NRI billionaire love interest.…
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Sen sex doubles century on the third day
Sensex up 233 points to 38,215 The Nifty traded at 68 points at 11,295 All the major sectors in NSE are in profit Mid and small caps on BSE are 1 percent plus (Milcah Anila, Intern Journalist) Vijayawada: For the third day in a row, the domestic stock markets opened briskly. At present, the Sensex is…