Dealers Care: February 2022

Monday, 28 February 2022

BharatPe co-founder Ashneer Grover resigns, says he is being 'vilified, treated in most disgraceful manner'

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BharatPe co-founder Ashneer Grover has resigned from the company and its board. This is the latest in the two-month-old drama that began unf...

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News

Govt promoting setting up FPOs to boost income of small farmers: Tomar

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"There is a need to expand FPOs as the number of small and marginal farmers are high in our country," Tomar said from News https...

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News

Russia-Ukraine crisis: FM Sitharaman worried over impact on exporters

जेके भैया February 28, 2022 0 Comments

The finance minister also raised concerns over the impact on the farm sector as it also forms a considerable share of exports to Russia and ...

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News

Centre's April-January fiscal deficit touches 58.9% of full-year target

जेके भैया February 28, 2022 0 Comments

Revenue expenditure was Rs 23.68 trillion, or 74.7% of RE compared with 71.6% from News https://ift.tt/4Rqg5tX

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News

India's core sector growth moderates to 3.7% in January: Govt data

जेके भैया February 28, 2022 0 Comments

Crude oil production contracted 2.4 per cent in January, the pace which is the highest in six months from News https://ift.tt/SzkW0DZ

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News

Household consumption up; below pre-Covid level: FY22 GDP estimates

जेके भैया February 28, 2022 0 Comments

The NSO also released the GDP data for October-December (Q3) of FY22 from News https://ift.tt/NiIzZdS

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News

Economic growth slows to 5.4% in Dec qtr; manufacturing, construction hit

जेके भैया February 28, 2022 0 Comments

Full-year forecast revised lower to 8.9% from News https://ift.tt/kqoI7Yu

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Sunday, 27 February 2022

News

Top headlines: Rupee-rouble trade to get a boost, freight rates may rise

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Allowing FDI of up to 20 per cent in LIC may open up divestment opportunities in other "bodies corporate" in the government. More ...

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News

Govt cancels Rs 19,000-crore BBNL tender for connecting villages

जेके भैया February 27, 2022 0 Comments

The Centre had approved a viability gap fund of Rs 19,041 crore for the project that aimed to connect 3.61 lakh villages across 16 states ...

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News

New rules specifies technical qualification of BBMB members: Power Min

जेके भैया February 27, 2022 0 Comments

The Power Ministry on Sunday stated that the central government has specified technical qualification for power and irrigation members of Bh...

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News

States without MGNREGA ombudsperson in 80% districts won't get funds

जेके भैया February 27, 2022 0 Comments

From the next fiscal, the Centre will not give funds for employment guarantee scheme MGNREGS to states that do not appoint ombudspersons in ...

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News

Govt to accept RCMC application from exporters via online mode only

जेके भैया February 27, 2022 0 Comments

The commerce ministry has made it mandatory for exporters to file registration-cum-membership certificate (RCMC) applications through a comm...

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News

Govt scouts for chief of properties & monetisation officer for AIAHL

जेके भैया February 27, 2022 0 Comments

The government is looking to hire a person to manage and monetise land as well as other immovable properties of AI Assets Holding Ltd (AIAHL...

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Friday, 25 February 2022

News

Petrol, diesel prices lagging by Rs 6-8 a litre in absence of hikes: Report

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The agency said a cut in the excise duties to the pre-pandemic levels before the start of the new fiscal year on April 1 will entail a cost ...

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News

Russia-Ukraine crisis: Rupee rebounds as risk sentiments improve

जेके भैया February 25, 2022 0 Comments

The rupee has been one of the worst performing Asian currencies in 2022 from News https://ift.tt/sB8YEtP

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News

Russia, Ukraine conflict may hit Indian economy badly, says CAIT

जेके भैया February 25, 2022 0 Comments

The Confederation of All India Traders (CAIT) said the impact will jeopardise efforts to recover the domestic trade from the Covid-19 pandem...

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News

PM Narendra Modi to discuss Gati Shakti with India Inc on Monday

जेके भैया February 25, 2022 0 Comments

Gati Shakti, a digital portal, is currently in a testing phase but officials said that a full-fledged launch should be done by the end of Ma...

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News

Threat to global peace a challenge for economic revival: FM Sitharaman

जेके भैया February 25, 2022 0 Comments

The FM said that focus is on expanding physical as well as digital infrastructure so that jobs and opportunities can be created for India...

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Thursday, 24 February 2022

News

Modi speaks to Putin; efforts on to bring back 15,000 stranded citizens

जेके भैया February 24, 2022 0 Comments

Embassy in Ukraine started registration of Indians several days ago: Foreign secretary from News https://ift.tt/lUhxuL7

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News

Russia, Ukraine crisis might give India opportunity to export more wheat

जेके भैया February 24, 2022 0 Comments

More than a quarter of the world's wheat export comes from Russia and Ukraine from News https://ift.tt/fkmcYqx

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News

E-commerce rules: Officials from DPIIT, consumer affairs to meet on Friday

जेके भैया February 24, 2022 0 Comments

As far as DPIIT's e-commerce policy is concerned, the department has circulated the latest draft policy to other government departments ...

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News

Moody's ups India's FY23 growth forecast to 8.4%; Fitch maintains 10.3%

जेके भैया February 24, 2022 0 Comments

Had predicted 7.9%; says oil & supply could spoil party; Fitch maintains 10.3% from News https://ift.tt/qIQ6M9U

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News

3D printing: Govt aims to add nearly $3 billion to GDP in three years

जेके भैया February 24, 2022 0 Comments

The government aims to capture five per cent of the global market share in additive manufacturing or 3D printing with expectations to add ne...

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Wednesday, 23 February 2022

News

Delhi Budget: Arvind Kejriwal to hold special meeting with Ministers

जेके भैया February 23, 2022 0 Comments

As per Delhi's deputy CM and finance minister Manish Sisodia, this term's Budget will be special and will foster the economic growth...

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News

Top headlines: Ukraine president pleads for peace, oil shock may sting

जेके भैया February 23, 2022 0 Comments

Mutual funds are keeping their powder dry to invest in LIC's IPO that is expected to hit the market next month from News https://ift.t...

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Firstpost Business Latest News

Petrol, diesel prices today: Rates unchanged on 24 February, check here what you need to pay in your city

जेके भैया February 23, 2022 0 Comments

Petrol and diesel prices remained unchanged in the country on Thursday, 24 February. In Delhi, fuel is relatively cheaper than the rest of ...

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News

Earnest money deposit provision in highways bidding process restored

जेके भैया February 23, 2022 0 Comments

The government's decision also comes in the backdrop of a rising tendency of bidders to make abnormally low bids for construction and co...

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News

GDP advance estimates may be cut to 8.6%, says India Ratings

जेके भैया February 23, 2022 0 Comments

India Ratings said that according to the revised estimates, the GDP growth in FY20 now stands at 3.7 per cent compared to 4 per cent earlier...

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News

Inflation may have peaked in January: RBI deputy governor Michael Patra

जेके भैया February 23, 2022 0 Comments

The six-member monetary policy committee of the RBI - that sets interest rate - has a target to maintain CPI inflation at 4 per cent from ...

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News

Rajasthan govt rewinds to guaranteed pension scheme in poll season

जेके भैया February 23, 2022 0 Comments

The move may encourage other state governments to go back to the old pension scheme as well, according to analysts from News https://ift.t...

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Tuesday, 22 February 2022

News

Gold outshines market, emerges as the best-performing asset class in 2022

जेके भैया February 22, 2022 0 Comments

Metal up nearly 4% YTD against 2% decline in Sensex in dollar terms from News https://ift.tt/0xApaEJ

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News

Ukraine crisis: Crude oil surge a challenge to financial stability, says FM

जेके भैया February 22, 2022 0 Comments

Brent crude prices shot up to $99.1/barrel from $96/barrel on Monday after the Russia-Ukraine crisis deepened, but it fell to $97.86 from ...

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News

Russia-Ukraine crisis: India Inc braces for fallout, monitors situation

जेके भैया February 22, 2022 0 Comments

Russian President Vladimir Putin orders troops into eastern Ukraine from News https://ift.tt/2OUqgM5

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News

De-escalation of Russia-Ukraine tensions immediate priority: India

जेके भैया February 22, 2022 0 Comments

Following Putin's decision, the UN Security Council, under Russia's Presidency for the month, held an emergency open briefing called...

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News

Rupee weakens, bond yields rise as Russia-Ukraine crisis deepens

जेके भैया February 22, 2022 0 Comments

According to currency dealers, there would be a weakening bias to the rupee as long as global headwinds play out from News https://ift.tt/...

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Monday, 21 February 2022

News

Women reluctant to join company boards, says FM Nirmala Sitharaman

जेके भैया February 21, 2022 0 Comments

The remarks come even as the statutes mandate top 1,000 companies to have at least one independent woman director. from News https://ift.t...

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News

Need to separate individual from institution: FM Nirmala Sitharaman

जेके भैया February 21, 2022 0 Comments

Sitharaman is in the country's financial capital on a two-day post-Union Budget customary visit from News https://ift.tt/rGewt5V

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News

RBI to suck out $5 billion liquidity from the system ahead of LIC IPO

जेके भैया February 21, 2022 0 Comments

Foreign exchange players said the move is positive for rupee and will push up dollar/rupee forward premium from News https://ift.tt/KhwOxu...

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News

LIC 3.0 to be listed, nimble and agile, say M R Kumar & K R Ashok

जेके भैया February 21, 2022 0 Comments

If there is any capital requirement, we will have to approach not only the government but all shareholders, said Kumar from News https://i...

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News

CEPA will safeguard farmers, boost food processing sectors: Goyal

जेके भैया February 21, 2022 0 Comments

The minister further stated that with tariff concessions offered to the UAE in gold will lower input costs boosting the exports to the UAE ...

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Sunday, 20 February 2022

Firstpost Business Latest News

Petrol, diesel prices today: Rates unchanged on 21 February, check here what you need to pay in your city

जेके भैया February 20, 2022 0 Comments

Petrol and diesel prices remained unchanged in the country on Monday, 21 February. In Delhi, fuel is relatively cheaper than the rest of th...

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News

Govt telecom revenues in FY'23 to be significantly higher than BE: Official

जेके भैया February 20, 2022 0 Comments

The telecom revenue collection is expected to be higher than the budget estimates of Rs 53,986.72 crore for the current financial year at Rs...

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News

Trade pact with UAE may benefit $26 bn worth of Indian goods: Official

जेके भैया February 20, 2022 0 Comments

India-UAE on February 18 signed the comprehensive economic partnership agreement with a view to boosting bilateral trade in goods to USD 100...

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News

Services exports may reach $325 billion in fiscal year 2023: SEPC

जेके भैया February 20, 2022 0 Comments

SEPC chairman said by the end of the ongoing fiscal year, services exports would reach about $250 billion from News https://ift.tt/dJmFfk3...

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News

Leather, footwear exports to cross $6 billion in 2022-23: CLE

जेके भैया February 20, 2022 0 Comments

The industry is also urging the government to extend the Production Linked Incentive (PLI) Scheme to the sector. from News https://ift.tt/...

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Firstpost Business Latest News

Explained: What is the NSE co-location scam, how Ravi Narain and Chitra Ramkrishna are involved in it

जेके भैया February 20, 2022 0 Comments

The CBI probe into the case of NSE ex-MD Chitra Ramkrishna sharing confidential information with a mysterious yogi, has now widened to exami...

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News

Govt plans new digital infra to support domestic coal mines operations

जेके भैया February 20, 2022 0 Comments

Technological advancements in coal mining are also making operations more productive. from News https://ift.tt/LWHCQ4Y

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Friday, 18 February 2022

Firstpost Business Latest News

Gold price today: 10 grams of 24-carat reaches Rs 50,510; silver trades at Rs 63,800 for one kilo

जेके भैया February 18, 2022 0 Comments

The selling price of 10 grams of 24-carat gold in the country gained to Rs 50,510 today, 19 February, witnessing a rise of Rs 540 from yeste...

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News

Foreign Covid vaccine firms can do business here, but on India's terms: Min

जेके भैया February 18, 2022 0 Comments

Mandaviya also said that the world is astonished by India's vaccination coverage which has reached almost 175 crore, adding that the thi...

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News

FY23 Outlook: States' deficit expected at 3.6% of GDP, says Ind-Ra

जेके भैया February 18, 2022 0 Comments

"The revision was made due to better-than-expected growth in revenue receipts and higher growth in the nominal GDP in FY22," the a...

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News

Price of onions 22.36% lower compared to the last year: Govt

जेके भैया February 18, 2022 0 Comments

Prices of onion remained substantially stable during 2021-22 due to effective market intervention through the Price Stabilisation Fund, the ...

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News

India and UAE sign CEPA; deal to cover almost 90% bilateral trade

जेके भैया February 18, 2022 0 Comments

The UAE is currently India's third-largest trading partner and the second-largest export destination, after the US from News https://i...

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News

Third Covid-19 wave: Consumers prioritise purchasing only bare essentials

जेके भैया February 18, 2022 0 Comments

Bizom data notes that while other categories' consumption took a hit, commodity consumption remained high as people focused on essential...

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News

Centre's doorstep distribution drive for crop insurance to start

जेके भैया February 18, 2022 0 Comments

The doorstep campaign will be launched in all implementing states in the upcoming Kharif season beginning June, the ministry said in a state...

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Thursday, 17 February 2022

Firstpost Business Latest News

Gold Price for today: 10 grams of 24-carat valued at Rs 49,970; silver priced at Rs 63,400 per kilo

जेके भैया February 17, 2022 0 Comments

In India, the trading price of 10 grams of 24-carat gold is currently at Rs 49,970 today, 18 February, after witnessing a fall of Rs 430 fro...

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News

What lessons can Sebi learn from its U-turn on splitting CMD role?

जेके भैया February 17, 2022 0 Comments

Despite four years effort, Sebi's attempt to introduce global practice of keeping the offices of chairmen and MDs at companies separate ...

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Firstpost Business Latest News

Petrol, diesel prices today: Rates unchanged on 18 February, check here what you need to pay in your city

जेके भैया February 17, 2022 0 Comments

Petrol and diesel prices remained unchanged in the country on Friday, 18 February. In Delhi, fuel is relatively cheaper than the rest of th...

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News

Bengal govt holds meeting on proposed Tajpur port with Adani group official

जेके भैया February 17, 2022 0 Comments

West Bengal Chief Secretary HK Dwivedi held a meeting with a representative of the Adani group and other state government officers in connec...

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News

Govt removes curbs on number of flights between India and Ukraine

जेके भैया February 17, 2022 0 Comments

Amid tense situation in Ukraine, the Ministry of Civil Aviation has removed the curbs on the number of flights that can be operated between ...

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News

G-20 meet: FM Sitharaman calls for mechanism to be ready for pandemics

जेके भैया February 17, 2022 0 Comments

Need methodologies to adapt to new ways of funding, says Sitharaman from News https://ift.tt/OKFJxCQ

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Wednesday, 16 February 2022

Firstpost Business Latest News

Gold Price for today: 10 grams of 24-carat stands at Rs 50,400; silver valued at Rs 63,000 per kilo

जेके भैया February 16, 2022 0 Comments

The procuring price of 10 grams of 24-carat gold in India currently stands at Rs 50,400 today, 17 February, 2022. This change in rate took ...

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News

United Arab Emirates, India to sign trade, investment deal on Friday

जेके भैया February 16, 2022 0 Comments

UAE de facto ruler Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi will witness the signing of the UAE-India Comprehensi...

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News

US official discusses investment opportunities in Andamans with Lt Guv

जेके भैया February 16, 2022 0 Comments

United States Consul General at Chennai, Judith Ravin, met Andaman and Nicobar Islands Lieutenant Governor Admiral (Retd.) D K Joshi from ...

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News

Budget push for infra should make Indian cities resilient to climate change

जेके भैया February 16, 2022 0 Comments

In her budget speech, finance minister Nirmala Sitharaman asked 'to nurture megacities and their hinterlands so that they become current...

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Firstpost Business Latest News

Petrol, diesel prices today: Rates unchanged on 17 February, check here what you need to pay in your city

जेके भैया February 16, 2022 0 Comments

Petrol and diesel prices remained unchanged in the country on Thursday, 17 February. In Delhi, fuel is relatively cheaper than the rest of ...

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News

Post-third Covid wave economic reset by year-end: Finance Ministry

जेके भैया February 16, 2022 0 Comments

Manufacturing, construction to drive growth on back of PLIs & spending on infra from News https://ift.tt/r8PubxU

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News

Income earned from providing guest lectures liable to 18% GST: AAR

जेके भैया February 16, 2022 0 Comments

Income earned from providing guest lectures will attract 18 per cent GST, the Karnataka bench of AAR has ruled. The applicant, Sairam Gopalk...

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Tuesday, 15 February 2022

News

Non-power coal users claim supply shortage; government denies it

जेके भैया February 15, 2022 0 Comments

Coal India Ltd, which accounts for more than 80% of India's production of the fuel, and the federal coal ministry, deny there is a probl...

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News

What does soaring crude oil price mean for the Indian economy?

जेके भैया February 15, 2022 0 Comments

Geopolitical tension in Eastern Europe has led to a jump in crude oil price, which is over $90 per barrel now. Some fear that it may touch t...

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Firstpost Business Latest News

Petrol, diesel prices today: Rates unchanged on 16 February, check here what you need to pay in your city

जेके भैया February 15, 2022 0 Comments

Petrol and diesel prices remained unchanged in the country on Tuesday, 15 February. In Delhi, fuel is relatively cheaper than the rest of t...

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News

Vedanta, Foxconn's India chip venture is little more than a piece of paper

जेके भैया February 15, 2022 0 Comments

What we're really seeing is two companies petitioning the government for corporate welfare as it offers $7 bn of enticements to boost el...

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News

Merchandise exports rise 28% YoY to $34.5 billion in January: Govt data

जेके भैया February 15, 2022 0 Comments

Merchandise exports grew 27.54 per cent year-on-year (YoY) to $34.5 billion in January as demand for Indian products remained robust. from...

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News

SEZ exports lag overall rate in April-November, shows govt data

जेके भैया February 15, 2022 0 Comments

India's overall exports rose nearly 36% YoY, while those from SEZs posted 31% growth in this period from News https://ift.tt/YHI8u0X

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Monday, 14 February 2022

News

A first in 3 decades, retail inflation in US higher than India for 4 months

जेके भैया February 14, 2022 0 Comments

But for the first time in the past 30 years, the US reported a higher consumer price inflation (CPI) rate than India in five consecutive mon...

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News

Inflation momentum on downward slope, RBI projections robust: Guv Das

जेके भैया February 14, 2022 0 Comments

RBI Governor Shaktinakta Das on Monday said the central bank's retail inflation outlook for FY23 was quite "robust" from New...

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News

Jan retail inflation likely rose to 6%, but no cause for panic: RBI Guv

जेके भैया February 14, 2022 0 Comments

There's a sort of major delicate balance between inflation and growth and the Reserve Bank is fully aware of its commitment to inflation...

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News

WPI inflation eases to 12.96% in Jan from 13.56% in the previous month

जेके भैया February 14, 2022 0 Comments

Wholesale price index (WPI)-based inflation rate decelerated to 12.96% in January from 13.56% in the preceding month as per the data release...

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News

WPI inflation eases to 12.96 pc in Jan; food prices harden

जेके भैया February 14, 2022 0 Comments

WPI inflation has remained in double digits for the tenth consecutive month beginning April 2021. from News https://ift.tt/caHZBL9

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Sunday, 13 February 2022

Firstpost Business Latest News

LIC IPO: Centre to sell 5% stake in company; here's all you need to know

जेके भैया February 13, 2022 0 Comments

Some more updates have emerged on the public issue of Life Insurance Corporation of India (LIC). The government is expected to sell five per...

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Firstpost Business Latest News

Gold Price for today: 10 grams of 24-carat sold at Rs 51,060; silver priced at Rs 63,000 per kilo

जेके भैया February 13, 2022 0 Comments

In India, the purchasing price of 10 grams of 24-carat gold today, 14 February touched Rs 51,060 after a rise of Rs 10 from yesterday’s sell...

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News

Will India's real GDP growth in FY22 be mellower than projected?

जेके भैया February 13, 2022 0 Comments

What do a recent announcement by the finance minister and the projections of the RBI's Monetary Policy Committee have to say about India...

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News

Govt files draft papers with Sebi for LIC IPO, says DIPAM secretary

जेके भैया February 13, 2022 0 Comments

The government on Sunday filed the draft papers with regulator Sebi for LIC IPO, which is expected to hit the capital market in March. The g...

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News

Government to tighten MGNREGA scheme to plug 'tremendous leakages'

जेके भैया February 13, 2022 0 Comments

The Centre has allocated Rs 73,000 crore for 2022-23, which is 25 per cent lower than the Rs 98,000 crore provided in the revised estimate (...

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News

Long-awaited 5G spectrum auction expected in April-May 2022: Official

जेके भैया February 13, 2022 0 Comments

According to the DoT, 5G is expected to deliver download speed 10 times faster than 4G services from News https://ift.tt/5If7SNi

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News

Non-financial debt jumps 11.9% to Rs 371 trillion in Sept quarter: Report

जेके भैया February 13, 2022 0 Comments

However, this is lower than the previous fiscal, when it had touched 180.2 per cent of GDP after a three per cent contraction in the nominal...

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Saturday, 12 February 2022

Firstpost Business Latest News

‘Buland Bharat Ki Buland Tasveer’: Rahul Bajaj's anthem that stirred aspirational consciousness of Indians

जेके भैया February 12, 2022 0 Comments

The demise of Rahul Bajaj (1938-2022), Chairman Emeritus of the Bajaj Group, is no ordinary event in the history of independent India. It s...

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News

Coal crunch has been 'catastrophic' to non-power sector: Industry groups

जेके भैया February 12, 2022 0 Comments

Coal India on Saturday said it is currently supplying around 3.4 lakh tonnes of coal per day to non-power sector which is the company's ...

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News

Effective duty on crude palm oil cut to 5.5% to cool edible oil prices

जेके भैया February 12, 2022 0 Comments

With edible oil prices ruling high throughout last year, the government had on multiple occasions cut import duty on palm oil to increase do...

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Firstpost Business Latest News

Industrialist Rahul Bajaj passes away at 83; Modi, Sitharaman and auto industry leaders pay tribute

जेके भैया February 12, 2022 0 Comments

Ministers, politicians and industry leaders paid tributes to eminent industrialist and former chairman of the Bajaj group Rahul Bajaj, who p...

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Friday, 11 February 2022

Firstpost Business Latest News

Budget 2022: Proposals on increased infra capex, MSMEs, to largely benefit banking sector

जेके भैया February 11, 2022 0 Comments

The multiple Budget announcements pertaining to increase in capital expenditure on infrastructure as also incentives for the MSME sector, be...

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