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Robust Rise: July GST mop-up sees smart recovery
Gross GST collections, after remaining above the Rs 1-lakh-crore mark for eight months in a row, came in at Rs 92,849 crore in June (May transactions), reflecting the blow to the economy from a virtually pan-India lock-down. -
Unemployment rate falls to 4-month low of 6.95% in July
Rural unemployment rate in July at 6.34% was closer to the March level of 6.15%. The unemployment rate in rural areas went up to 7.13% in April, further to 10.63% in May, but softened to 8.75% in June. -
Petrol sales top pre-virus level for first time in 17 months, diesel 11% short
India's petrol consumption topped the pre-virus level for the first time in 17 months and diesel sales, a key indicator for economic activities, stood just 11% short of the pandemic year in July as the country got back to business after a second Covid wave. Market data for the month shows state-run fuel retailers, who control 90% of the market, sold 3.5% more petrol than the same period of 2019. Diesel consumption also rose to 89% of the pre-pandemic level. -
RBI monetary policy committee to meet on August 4-6, likely to maintain status quo on interest rate
The RBI is scheduled to announce its bi-monthly monetary policy review on August 6 at the end of the three-day meeting -- August 4-6 -- of the Monetary Policy Committee (MPC). -
Royal Enfield reports 9% rise in total sales to 44,038 units for July
Domestic sales stood at 39,290 units last month, a growth of 4 per cent as against 37,925 in July 2020, it added -
Covid-19: Fuel demand picks up in July with an increase in economic activity
Covid-19: Fuel demand picks up in July with an increase in economic activity -
Maruti Suzuki, Hyundai and Tata Motors post double-digit sales growth in July
The country's largest carmaker Maruti Suzuki India's (MSI) domestic sales increased by 39 per cent to 1,41,238 units last month as against 1,01,307 units in July 2020. -
RBI's new rules on interchange fee, 24/7 bulk clearing facility functional
The Reserve Bank of India's new directions on raising interchange fee and making available the facility of bulk clearing round the clock have become effective from Sunday onwards. The RBI in June raised the interchange fee for financial transactions from Rs 15 to Rs 17, while for non-financial transactions the increase was done from Rs 5 to Rs 6. These new rates have become applicable from August 1, 2021, as per the RBI's direction. -
Lost your Aadhaar card? Here’s how to retrieve your Aadhaar card online
If someone loses an Aadhaar card, then it can be easily retrieved by following a few simple steps. -
LPG price hike! Price of 19 kg gas cylinder increased by Rs 73.5, check rates in your city
With the latest hike in the prices, a 19 kg LPG gas cylinder is now retailing at Rs 1623.00 in Delhi while the rate of the commercial cylinder has been increased to Rs 1579.50 in Mumbai. -
Fino Payments Bank files papers with SEBI for Rs 1,300 crore IPO
It is planning to raise an amount of Rs 1,300 crore which includes a fresh issue of Rs 300 crore as well as an OFS component. -
Mahindra XUV700 revealed! Check dashing interiors, high-tech features in teaser video
One of the exciting features revealed by Mahindra in the teaser video is the driving modes named Zip, Zap, Zoom and Custom. -
GST revenue jumps 33% year-on-year to over Rs 1.16 lakh crore in July
The sharp rise in the GST collects suggests that India’s economy is recovering at a fast pace. -
Planning to get a credit card? Here’s how to choose the best one
It is advisable to always choose a credit card that suits your requirements. Now if you are not a travel freak, then those cards that convert reward points to airline miles will be of no use. But a card which provides shopping benefits will be of great help. -
Policy ignition: India's satellite navigation sector set for higher growth trajectory
India's satellite based navigation and augmentation services sector appears headed for a higher growth trajectory with the proposed ignition of a policy push towards effective development, operation and maintenance of such systems. -
Global Stagflation vs Reflation debate: What the bond market knows that we don#39;t?
We do see some pressure on global yields emanating from growth and policy normalization and see gradual EM spillover and higher risk premia as fears of delta variant subside in the medium term. -
RBI’s Big Changes: New rules for salary, pension and EMI payment from August 1
RBI has amended the rules of National Automated Clearing House (NACH). Under this new rule, now you will not have to wait for the passing of Saturday and Sunday i.e. weekend for your salary or pension to be credited to your account. -
Gold Price Today, 1 August 2021: Gold rates remain unchanged, check prices in metros
Gold price in Mumbai is Rs 47,380 per 10 gram of 22-carat and that of 24-carat gold is Rs 48,380. Meanwhile, the gold price in Delhi stood at Rs 47,140 per 10 gram of 22-carat and that of 24-carat gold is Rs 51,430. -
Petrol, Diesel Prices Today, August 1, 2021: Petrol, diesel prices remain unchanged for 15th day, check rates in your city
Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Rajasthan levies the highest VAT on petrol and diesel in the country, followed by Madhya Pradesh, Maharashtra, Andhra Pradesh and Telangana. -
Monsoon revival: Sowing picks up in major crop-producing states
The rainfall was 266.1 mm as against LPA of 285.3 mm in July, according to India Meteorological Department. The precipitation was 10% above LPA in June.
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