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The Finance Minister stated that the outlay for capital expenditure in the Union Budget is once again being stepped up sharply by 35.4 per cent from Rs. 5.54 lakh crore in the current year to Rs. 7.50 lakh crore in 2022-23. This has increased to more than 2.2 times the expenditure of 2019-20. This outlay in 2022-23 will be 2.9 per cent of GDP. With […]

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TVS Motor Company registered sales of 266,788 units in January 2022 as against sales of 307,149 units in the month of January 2021. Total two-wheelers registered sales of 254,139 units in January 2022 as against sales of 294,596 units in January 2021. Domestic two-wheeler registered sales of 167,795 units in January 2022 as against sales of 205,216 units in January 2021. Motorcycle sales registered 137,360 […]

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The finance minister estimates the budgeted fiscal deficit, which is the difference between the government expenditure and income, for the next fiscal ending March 2023 at 6.4%. The revised fiscal deficit estimate for the current financial is pegged at 6.9% against budgeted target 6.8%. Total expenditure is estimated at Rs 39.45 lakh crore. Revenues are estimated at Rs 22.84 lakh cr. The Union governments capital […]

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The Finance Minister announced today the implementation of a comprehensive scheme for boosting domestic oilseeds production. She said to reduce dependence on import of oilseeds, a rationalised and comprehensive scheme to increase domestic production of oilseeds will be implemented. Exemption is also being rationalized on implements and tools for agri-sector which are manufactured in India. Powered by Commodity Insights

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the Company has received Purchase Orders of Rs5.51cr from Techwave Consulting India Private Limited.

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While presenting the Union Budget 2022-23 in the Parliament today, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman said the procurement of wheat in Rabi 2021-22 and the estimated procurement of paddy in Kharif 2021-22 will cover 1208 lakh metric tonnes of wheat and paddy from 163 lakh farmers, and Rs 2.37 lakh crore direct payment of MSP value to their accounts. The […]

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Its domestic commercial vehicle sales stood at 31,708 units for January 2022 against 30,671 for January 2021, up by 3% YoY.

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Germany retail sales fell by real 5.5 percent on a monthly basis, reversing a 0.8 percent rise in November, data released by Destatis showed Tuesday. On a yearly basis, retail sales remained flat after rising 0.5 percent in the prior month. Sales were expected to gain 1.1 percent. Food, beverages and tobacco sales declined 4.1 percent, while non-food sales grew 2.8 percent annually. Powered by […]

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