News Overview

Nodwin Gaming acquires 5,100 equity shares of Rs10/- each of Rusk Distribution and paid a total consideration of Rs51,000.

The gross GST revenue collected in the month of February 2022 is Rs 1,33,026 crore of which CGST is Rs 24,435 crore, SGST is Rs 30,779 crore, IGST is Rs 67,471 crore (including Rs 33,837 crore collected on import of goods) and cess is Rs 10,340 crore (including Rs 638 crore collected on import of goods). The government has settled Rs 26,347 crore to CGST […]

India’s economy grew by 5.4% in Q3 FY22 after exhibiting 8.5% growth in Q2 and 0.7% in same quarter last fiscal, bringing to the fore pain points inherent as we enter the third year of pandemic

Australias gross domestic product or GDP rose by a seasonally adjusted 3.4% on quarter in the fourth quarter of 2021, the Australian Bureau of Statistics said on Wednesday. This followed the 1.9% contraction in the three months before. On a yearly basis, GDP gained 4.2%, up from 3.9% in the third quarter. Real net national disposable income rose 1.7%, while the terms of trade fell […]

Sentiments look very weak for the Indian Rupee as risk appetite has been hit badly by the intensity of the Russia-Ukraine war and equities are in a full downswing. The US dollar index is firmly above 97 mark. Indian Rupee rose marginally amid supportive cues from local equities in last session. The INR closed at 75.35 per US dollar, up 2 paise on the day. […]

The issue of high rates of VAT rates is being addressed in close cooperation with the state governments with his consistent pursuance with the respective chief ministers.

The US manufacturing activity picked up in February as COVID-19 infections subsided, though hiring at factories slowed, contributing to keeping supply chains snarled and prices for inputs high. The Institute for Supply Management (ISM) said on Tuesday the outlook for manufacturing over the next two months was favorable, noting that backlog orders last month grew by the most in 11 years. Factories also reported strong […]

Crude oil futures are on a boil as Russia intensified its attack on Ukraine and more curbs were announced at the global scale against the invading nation. WTI Crude oil broke above $100 per barrel to approach highest level in nearly eight years. The counter soared by around a double digit mark yesterday and soared further by 5.50% today to hit $109 per barrel level […]

Maruti Suzuki India: The company recorded a total sales of 1,64,056 units in February 2022, down 0.25% as against 1,64,469 units sold in February 2021. Tata Motors: Tata Motors sales in the domestic & international market for February 2022 stood at 77,733 vehicles as compared to 61,258 units during February 2021, recording a growth of 26.89%. Ashok Leyland: The Hinduja Group companys sales grew 7% […]

Gold stayed firm amid continued risk aversion in world markets as COMEX futures spiked well above $1900 per ounce mark. The US stocks tumbled yet again, witnessing deep losses and testing multi month lows as risk appetite went for a toss amid heavy war in Ukraine. Gold saw good safe haven demand as US 10 year treasury yields fell to a five week low. The […]