[ad_1] GST collections for July 2021 were Rs 1.16 lakh crore Goods and Services Tax (GST) collections for July 2021 were Rs 1.16 lakh crore, 33 per cent more than the corresponding period of last year. According to figures released by Finance Ministry on Sunday, gross GST revenue collected in July 2021 are Rs 1,16,393 […]
[ad_1] Centre released 600 lakh tonnes of food grains under Pradhan Mantri Garib Kalyan Ann Yojana Centre released around 600 lakh tonnes of food grains during the Coronavirus pandemic year 2020-21 and 2021-22 under Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY). According to Ministry of Consumer Affairs data, out of the 600 lakh tonnes of […]
[ad_1] Centre has received record collections through excise duty levy on petrol and diesel The Centre has collected Rs 94,181 crore through excise duty levy on petrol and diesel during the first quarter period of 2021-22. Excise duty on petrol was hiked from Rs 19.98 per litre to Rs 32.9 in 2020-21 in order to […]
[ad_1] Rupee fell to its lowest levels in three months on Monday The rupee dropped to its lowest level in three months on Monday, in line with other Asian currencies, as the rapid spread of the Delta variant of coronavirus threatened to derail economic recovery. The partially-convertible rupee ended at 74.87/88 per dollar, compared with […]
[ad_1] Aggressive vaccination push has brightened near term economic prospects, RBI has said The near-term prospects for the Indian economy have brightened with the tapering of the second wave as well as aggressive vaccination push, is what the Reserve Bank of India (RBI) has observed in its monthly bulletin for July 2021, while commenting on […]
[ad_1] Niti Aayog vice chairman Rajiv Kumar has said that India will touch double-digit growth in 2021-22 The economy will register a double-digit growth in the current fiscal and the disinvestment climate also looks better, Niti Aayog Vice Chairman Rajiv Kumar has said, even as the country’s economy shrunk in 2020-21. He also asserted that […]
[ad_1] SBI’s economic adviser Soumya Kanti Ghosh has said vaccination can mitigate pandemic impact Vaccination is the only option if India has to mitigate the impact of the possible third wave of Coronavirus infection, which is expected to reach its peak in the second week of August 2021, chief economic adviser of the State Bank […]
[ad_1] Second Coronavirus wave in India has led to a rise in household debt stress The beginning of second Covid-19 wave has resulted in significant deposit outflows from banking system in alternated fortnights, the pace of which has now again moderated, according to a report from State Bank of India’s (SBI) economic research department. It […]
[ad_1] Centre has notified two facilities in Pune and Hyderabad for Covid vaccine testing To ramp up testing and quality control of Coronavirus vaccines in the country, the Centre has notified two testing facilities in Pune and Hyderabad for the purpose. Department of Biotechnology, under the aegis of Ministry of Science & Technology has set […]
[ad_1] Tata Group, Amazon have warned that new e-commerce rules will impact their businesses Amazon.com Inc and Tata Group warned government officials on Saturday that plans for tougher rules for online retailers would have a major impact on their business models, four sources familiar with the discussions told Reuters. At a meeting organised by the […]