News Overview

ITC: ITCs consolidated net profit rose 38.4% to Rs 4169 crore on 41% jump in gross revenue to Rs 18164 crore in Q1 FY23 over Q1 FY22. TVS Motor Company: TVS Motor Company registered a growth of 13% in July 2022 with sales of 314,639 units as against 278,855 units in the month of July 2021. Eicher Motors: The company sold 5,982 units in the […]

Oil prices stayed under pressure in early Asia on Tuesday, after a deep correction in the previous session. WTI crude futures declined to its lowest level in two weeks under $93 per barrel on Monday. Fears that a global slowdown will hurt demand have gripped commodity markets with oil prices down more than 5% in the last two days. Weak manufacturing data in major economies […]

Only information on the license from telecom authority needs to be mentioned in application for laying of such cables and fiber networks along highways

Sales of two-wheelers as a whole increased by 14% last month to 2,99,658 units from 2,62,728 units in July 2021.

Decrease in discount effectively increases the cost of transporting containers through Railways

The amount of power consumed in July of last year was 123.72 BU, which was more than the 112.14 BU consumed in the same month of 2020.

According to an official release, the increase in ITR filing "peaked on July 31, 2022 (due date for salaried taxpayers and other non-tax audit cases) with over 72.42 lakh ITRs being filed on a single day."

The low-cost airliner has entered into a full and final settlement with the Airports Authority of India (AAI) and has cleared all outstanding principal dues of the airport operator.

The US stock market finished session slightly lower on Monday, 01 August 2022, the first trading session of month, as the looming possibility of recession after manufacturing activity in July rose at the weakest rate in nearly two years and data from Europe and Asia showed factory activity slowing or contracting in the face of dampened global demand and persistent inflation. However, fairly encouraging corporate […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 92 points at the opening bell. Finance Minister Nirmala Sitharaman said on Monday that India is still the fastest growing economy whose financial situation is much better than most other countries. Speaking during a debate on the issue of price hike in the Lok Sabha, Sitharaman […]