Dealers Care: July 2022

Sunday, 31 July 2022

India's manufacturing PMI rises to 56.4 in July; at an eight-month high

जेके भैया July 31, 2022 0 Comments

India's manufacturing activity in July was at an eight-month high as S&P Global's Purchasing Managers' Index (PMI) was at 56...

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Gold price today: 10 grams of 24-carat sold at Rs 51,490; silver at Rs 58,400 per kilo

जेके भैया July 31, 2022 0 Comments

The value of 10 grams of 24-carat gold today, 1 August stands at Rs 51,490 with no change in yesterday’s price. One kilogram of silver is b...

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News

What is a recession?

जेके भैया July 31, 2022 0 Comments

It looks like the equity markets have priced in the prospect of the US slipping into recession. But ever wondered what exactly recession is?...

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News

Over 6.3 mn returns filed till 10 pm on last day: Income Tax department

जेके भैया July 31, 2022 0 Comments

Over 63.47 lakh income tax returns were filed till 10 pm on Sunday, the last day for filing ITR for the 2021-22 fiscal by salaried individua...

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News

Silly to compare Lanka's economic situation with India: Arvind Panagariya

जेके भैया July 31, 2022 0 Comments

Replying to a question on unemployment, Panagariya, a professor of economics at Columbia University asserted that India's problem is not...

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News

384 infra projects show cost overruns of Rs 4.66 trillion, says report

जेके भैया July 31, 2022 0 Comments

As many as 384 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs...

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News

Govt likely to notify 1.2 MT of additional sugar exports this season

जेके भैया July 31, 2022 0 Comments

The Centre is likely to allow an additional 1.2 million tonnes (MT) of sugar exports in the current season ending September 2022, according ...

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News

IISc signs MoU with Indian Navy for collaborative aviation research

जेके भैया July 31, 2022 0 Comments

The Indian Institute of Science (IISc) and the Indian Navy have signed an MoU to collaborate on aviation research and development from New...

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Saturday, 30 July 2022

Firstpost Business Latest News

ITR filing AY 2022-23 last date today: Steps to file your return, here's what will happen if you miss the deadline

जेके भैया July 30, 2022 0 Comments

New Delhi: Income tax return (ITR) filing for the assessment year 2022-23 ends today, 31 July. With just few hours left, taxpayers who stil...

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News

India pharma sector exports rises 8% to $6.26 billion in first quarter

जेके भैया July 30, 2022 0 Comments

Indian pharma exports registered a growth of eight per cent during the first quarter of the current financial year to $6.26 billion, as offi...

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News

Strengthening liberal democracy essential for growth, says Raghuram Rajan

जेके भैया July 30, 2022 0 Comments

Former Reserve Bank of India Governor Raghuram Rajan on Saturday said India's future lies in strengthening liberal democracy and its ins...

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News

PM Modi urges states to clear power utilities' dues of Rs 2.5 trillion

जेके भैया July 30, 2022 0 Comments

PM Modi highlighted the financial problems being faced by the power utilities and asked the states to clear the dues as soon as possible f...

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News

France's GDP bounces back in Q2 after negative Q1 owing to foreign trade

जेके भैया July 30, 2022 0 Comments

Following the stagnation of the first quarter of 2022 (Q1), France's gross domestic product (GDP) recovered by 0.5 per cent in the secon...

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News

Retail inflation for industrial workers eases to 6.16% in June: Ministry

जेके भैया July 30, 2022 0 Comments

Retail inflation for industrial workers eased to 6.16 per cent in June from 6.97 per cent in May this year due to lower prices of certain fo...

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Firstpost Business Latest News

What happens when you miss ITR filing deadline of 31 July? All you need to know

जेके भैया July 30, 2022 0 Comments

The due date for filing your Income Tax Return (ITR) for the assessment year 2022-23 is 31 July. All taxpayers need to submit their ITR befo...

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Friday, 29 July 2022

Firstpost Business Latest News

Gold price today: 10 grams of 24-carat sold at Rs 51,490; silver at Rs 58,000 per kilo

जेके भैया July 29, 2022 0 Comments

In India, 10 grams of 24-carat gold stand at Rs 51,490 today, 30 July after a rise of Rs 110 from yesterday’s price of Rs 51,380. One kilogr...

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News

India's fiscal deficit touches 21.2% of annual target in Q1: Govt data

जेके भैया July 29, 2022 0 Comments

In actual terms, the fiscal deficit was at Rs 3.51 trn at the end of the first quarter of 2022-23, data from the Controller General of Accou...

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News

Fiscal deficit expected to follow previous years' trend in June quarter

जेके भैया July 29, 2022 0 Comments

Centre's capex outlay may touch 20 per cent of full-year target in Q1 at Rs 1.5 trillion from News https://ift.tt/nmLt9OG

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Firstpost Business Latest News

5G spectrum auction bidding enters day 4; bids worth Rs 1.49 lakh crore received in 16 rounds

जेके भैया July 29, 2022 0 Comments

New Delhi: Garnering bids worth Rs 1,49,623 crore in 16 rounds of bidding conducted so far, the auction of 5G spectrum for ultra-high-speed...

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News

US Prez Biden dismisses fear of recession even as GDP doubles down

जेके भैया July 29, 2022 0 Comments

Joe Biden and top officials have dismissed fears of US economy sinking into a recession as doubling down of GDP growth rates in two successi...

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Thursday, 28 July 2022

Firstpost Business Latest News

Gold price today: 10 grams of 24-carat sold at Rs 51,380; silver at Rs 56,500 per kilo

जेके भैया July 28, 2022 0 Comments

On 29 July, 10 grams of 24-carat gold stands at Rs 51,380, after a rise of Rs 700 from yesterday’s price. One kilogram of silver is being bo...

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News

More oil middlemen muscle in to supply India with cheap Russian crude

जेके भैया July 28, 2022 0 Comments

Companies include Wellbred and Montfort have been marketing Russian oil to Indian buyers, joining the likes of Coral Energy and Everest Ener...

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Wednesday, 27 July 2022

News

Rupee rises by 14 paise to 79.77 against US dollar in early trade

जेके भैया July 27, 2022 0 Comments

The rupee appreciated 14 paise to 79.77 against the US dollar in early trade on Thursday tracking the overnight weakness of the American cur...

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News

Indian diaspora, global bankers may profit from New Delhi's dollar crunch

जेके भैया July 27, 2022 0 Comments

India isn't in the same boat as its South Asian neighbors, even though it's in the same choppy waters from News https://ift.tt/ELH...

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News

Sharp fall in purchases pulls global gold demand down by 8% in Q2

जेके भैया July 27, 2022 0 Comments

A sharp fall in purchases by investors pulled global gold demand down 8% in the second quarter compared to the same period in 2021, the Worl...

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News

What is a middle-income trap?

जेके भैया July 27, 2022 0 Comments

A middle-income trap is a situation in which a country attains a certain average income and gets stuck at that level, failing to graduate to...

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Tuesday, 26 July 2022

Firstpost Business Latest News

Gold price today: 10 grams of 24-carat falls to Rs 50,780; silver at Rs 54,500 per kilo

जेके भैया July 26, 2022 0 Comments

Ten grams of 24-carat gold today, 27 July, is priced at Rs 50,780 with a fall of Rs 380 from yesterday. One kilogram of silver is being boug...

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News

Amid 'extraordinary' uncertainty, IMF doesn't rule out global recession

जेके भैया July 26, 2022 0 Comments

IMF warns that risk is particularly prominent in 2023, and even small shocks could cause economies to stall from News https://ift.tt/R6eAX...

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News

Global economy in grips of serious slowdown, inflation surge to endure

जेके भैया July 26, 2022 0 Comments

The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooli...

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News

More than 100,000 British workers off sick with long Covid, earnings hit

जेके भैया July 26, 2022 0 Comments

Around 110,000 British workers are off sick with long Covid symptoms, costing them £1,100 ($1,320) in lost earnings at a time of an escalati...

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News

Pak expected to secure $1.2 bn from IMF, may help ease pressure on currency

जेके भैया July 26, 2022 0 Comments

Pakistan's currency and bonds have been hammered this month as the specter of political uncertainty delaying IMF support for the nation ...

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News

What is the DESH Bill?

जेके भैया July 26, 2022 0 Comments

The govt is likely to introduce the Development of Enterprise and Service Hubs (DESH) Bill in the upcoming monsoon session of Parliament. Ho...

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Monday, 25 July 2022

Firstpost Business Latest News

Gold price today: 10 grams of 24-carat stands at Rs 51,160; silver at Rs 54,900 per kilo

जेके भैया July 25, 2022 0 Comments

The procuring price of 10 grams of 24-carat gold today, 26 July, stands at Rs 51,160, with no change in its rate. One kilogram of silver is ...

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News

Haryana DCs asked to expedite cases related to mobile tower installation

जेके भैया July 25, 2022 0 Comments

Haryana Chief Secretary Sanjeev Kaushal has directed all deputy commissioners in state to expedite pending cases related to RoW permissions ...

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Firstpost Business Latest News

Explained: The reasons why Zomato’s shares tanked to its all-time low

जेके भैया July 25, 2022 0 Comments

Zomato, the Indian food delivery giant, didn’t feel the love at all on Monday when its shares fell more than 14 per cent to a record low of ...

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News

What do Q1 IT earnings tell us about the sector's health?

जेके भैया July 25, 2022 0 Comments

The Q1 results of IT companies were disappointing as the profitability margins came lower than estimated. With a US recession on the horizon...

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News

Is India Inc seeing the impact of a looming US recession?

जेके भैया July 25, 2022 0 Comments

Impending recession in the US is reflecting in its domestic consumption. Indian exporters are already seeing a dip in new orders, while IT s...

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Firstpost Business Latest News

Market Roundup: Sensex falls 306 points; Nifty settles at 16,631; check top winners and losers

जेके भैया July 25, 2022 0 Comments

Domestic market indices began the new trading week in negative, ending their six-day winning streak on Monday, 25 July. BSE Sensex slid over...

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News

ESIC scheme adds 1.49 million new members in May, says NSO report

जेके भैया July 25, 2022 0 Comments

Around 14.93 lakh new members joined the ESIC-run social security scheme in May 2022, according to official data released on Monday. The lat...

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News

RBI 'correct' to use FX reserves to tackle rupee volatility: Econ adviser

जेके भैया July 25, 2022 0 Comments

The RBI is justified in using the country's foreign exchange reserves to smooth out volatility in the rupee's moves against the doll...

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News

After Covid setback, MSMEs owed Rs 10.7 trn in pending dues: Report

जेके भैया July 25, 2022 0 Comments

The share of micro and small enterprises stood at Rs 8.73 trillion, 80 per cent of the total pending amount from News https://ift.tt/YJTxC...

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News

India extends 222 LoCs worth $14.07 bn in Africa, 37 LoCs to neighbours

जेके भैया July 25, 2022 0 Comments

The LoCs projects in African nations are spread across sectors roads, railways, power, ports and shipping, education, telecom, health, and a...

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Sunday, 24 July 2022

Firstpost Business Latest News

Gold price today: 10 grams of 24-carat stands at Rs 51,160; silver at Rs 55,100 per kilo

जेके भैया July 24, 2022 0 Comments

Ten grams of 24-carat gold in India stands at Rs 51,160 today, 25 July, with no change in its rate. One kilogram of silver also witnessed n...

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News

Fall in Delhi govt's excise revenue 'inexplicable' as sales rise: Report

जेके भैया July 24, 2022 0 Comments

The excise revenue of the Delhi government in the first quarter of the current fiscal year remained flat compared to 2019-20 despite a steep...

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News

Centre appoints NLMC interim head; to initiate surplus land monetisation

जेके भैया July 24, 2022 0 Comments

The interim CEO's job is learnt to have gone to Sanjay Kumar Jain, and the government has appointed its nominees to the board of the cor...

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News

Trust-based taxation system helping improve collections: FM Sitharaman

जेके भैया July 24, 2022 0 Comments

Finance minister Nirmala Sitharaman on Sunday said that the trust-based taxation system introduced by the government has resulted in improve...

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News

Consumer IT spending to slide further amid recession fears in Asia-Pacific

जेके भैया July 24, 2022 0 Comments

Consumer IT spending in the Asia-Pacific region, already taking the brunt in the ongoing tight market conditions, is set to further slide in...

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Saturday, 23 July 2022

News

'From extraction to attraction': Jharkhand launches new tourism policy

जेके भैया July 23, 2022 0 Comments

The key focus areas for the state in this policy will be employment, economic growth, sustainable development and preservation of art, cultu...

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News

Insurance companies made Rs 40,000 cr in 5 years under PMFYB scheme

जेके भैया July 23, 2022 0 Comments

The companies paid claims worth Rs 119,314 crore to farmers against the total premium collection of Rs 159,132 crore under PMFBY from News...

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News

Gujarat kesar mango exports get fillip with US nod for irradiation facility

जेके भैया July 23, 2022 0 Comments

At 1 million curie capacity, the facility in Gujarat is largest among the four in India from News https://ift.tt/BeLIAnD

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Friday, 22 July 2022

News

States to meet 25% of their energy needs from renewable energy sources

जेके भैया July 22, 2022 0 Comments

The stringent targets come in the wake of India committing an ambitious 500 gigawatt (GW) of RE by 2040 at the Glasgow COP26 climate summit ...

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Firstpost Business Latest News

Gold price today: 10 grams of 24-carat priced at Rs 50,620; silver at Rs 55,400 per kilo

जेके भैया July 22, 2022 0 Comments

Ten grams of 24-carat gold today, 23 July, stands at Rs 50,620 in India after a rise of Rs 440 from yesterday’s price of Rs 50,180. One kil...

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News

Delhi AIIMS raises room rent for private ward after 5% GST rate hike

जेके भैया July 22, 2022 0 Comments

The All India Institute of Medical Sciences, New Delhi, on Thursday announced a raise in the charges of its private ward rooms. from News ...

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News

Bulk of ECBs effectively hedged, external sector well-buffered: RBI's Das

जेके भैया July 22, 2022 0 Comments

Comments follow huge pressure on ruper versus the dollar due to record outflows from domestic equity markets amid elevated commodity prices ...

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Thursday, 21 July 2022

Firstpost Business Latest News

Gold price today: 10 grams of 24-carat priced at Rs 50,180; silver at Rs 55,600 per kilo

जेके भैया July 21, 2022 0 Comments

The selling price of 10 grams of 24-carat gold in India today, 22 July has reached Rs 50,180 after a fall of Rs 440 from yesterday’s price ...

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News

Centre considering extension of PMAY-Urban Mission up to March 2024

जेके भैया July 21, 2022 0 Comments

The extension of government's flagship urban housing scheme, Prime Minister Awas Yojana (PMAY) Urban up to March 2024 is under considera...

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News

India to import 76 MT coal to meet demand; power tariff to go up: Report

जेके भैया July 21, 2022 0 Comments

India is planning to import nearly 76 million tonnes (MT) of coal this fiscal year to reach the fossil fuel shortfall in power plants from...

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News

Is the FMCG sector coming out of the woods?

जेके भैया July 21, 2022 0 Comments

The FMCG sector went through a difficult phase in the last two years. But, after the recent drop in commodity prices, are things looking up ...

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News

Govt may allow more sugar exports to prevent defaults on contracts

जेके भैया July 21, 2022 0 Comments

Any additional exports this year may pressure global prices. from News https://ift.tt/3orZf0N

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Wednesday, 20 July 2022

News

Only decentralised renewable energy can help achieve 2030 targets: Experts

जेके भैया July 20, 2022 0 Comments

According to the Ministry officials, India's RE installed capacity increased 286 per cent in the last 7.5 years but it had a share of ju...

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News

India's economic recovery falters as high prices, falling rupee bite

जेके भैया July 20, 2022 0 Comments

India's economic activity showed early signs of cooling off in June as acute price pressures, rising interest rates, and a falling rupee...

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News

Indian economy to grow 7-8% in next couple of decades: Panagariya

जेके भैया July 20, 2022 0 Comments

Indian economy, which has grown fairly rapidly in the last 17 years, will grow at 7-8 per cent in the next couple of decades, former Niti Aa...

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Tuesday, 19 July 2022

News

India's bioeconomy likely to touch $300 billion by 2030, says report

जेके भैया July 19, 2022 0 Comments

India's bioeconomy is likely to touch $150 billion by 2025 and over $300 billion by 2030, a report said from News https://ift.tt/ujPvM...

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News

Govt's plastic straw ban to curb pollution leaves Indian consumers thirsty

जेके भैया July 19, 2022 0 Comments

With 19 single-use plastic items banned from July 1, including the straws, companies including Dabur India Ltd. and Parle Agro Pvt, have bee...

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Firstpost Business Latest News

Why skilling for jobs in new economy is key to necessitate flexible, life-long learning

जेके भैया July 19, 2022 0 Comments

COVID-19 was a black swan event. Its impact was profound and wide-ranging. The pandemic has altered norms and redefined how people live, wor...

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Why institutional well-being of CSOs is key determiner of their success

जेके भैया July 19, 2022 0 Comments

India has strong measures of social protection for people from underserved communities through various entitlements, rights, and schemes. Ac...

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News

Won't impose GST on items sold by Kudumbashree or small stores: Kerala min

जेके भैया July 19, 2022 0 Comments

Amid growing protest over the imposition of GST on essential commodities, Kerala government said it does not intend to tax items sold by ent...

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News

Govt cuts windfall tax on fuel exports as global crude oil prices fall

जेके भैया July 19, 2022 0 Comments

India imposed the taxes on July 1, joining a growing number of nations placing windfall levies to tap energy companies' booming profits ...

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Monday, 18 July 2022

News

Indian phonemakers served notices by Customs, get Rs 20,000 cr tax bill

जेके भैया July 18, 2022 0 Comments

Before September 2020, there was no import duty on such panels, but from October 1, 2020, an import duty of 10% is levied under the Centre...

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News

UP expects to attract Rs 10 trillion investment in global summit

जेके भैया July 18, 2022 0 Comments

Uttar Pradesh expects to attract Rs 10 lakh crore worth of industrial investment over the next five years during the 'Global Investors S...

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Firstpost Business Latest News

Gold price today: 10 grams of 24-carat priced at Rs 50,390; silver at Rs 56,100 per kilogram

जेके भैया July 18, 2022 0 Comments

The value of 10 grams of 24-carat gold today, 19 July, stands at Rs 50,390, with no change from yesterday’s price. One kilogram of silver i...

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News

High prices boost forest produce trade, says Chhattisgarh minister

जेके भैया July 18, 2022 0 Comments

Chhattisgarh Forest Minister Mohammed Akbar attributes the achievement to the government's decision to pay the best price for the yield ...

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News

No plan to set up resident board in Beijing, says AIIB chief economist

जेके भैया July 18, 2022 0 Comments

Berglof said AIIB wants to do it differently from how other multilateral developments banks have done from News https://ift.tt/R57EThU

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Firstpost Business Latest News

softPOS, challenges and opportunities: All you need to know

जेके भैया July 18, 2022 0 Comments

Today’s age of technology, information, and data collection has resulted in significant changes in the way a business takes place. And ePOS ...

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News

Morgan Stanley expects India's FY24 GDP growth to slow down to 6.4%

जेके भैया July 18, 2022 0 Comments

It said the GDP growth will slow down to 6.4 per cent in FY24, the brokerage said, adding that this is lower by 0.30 per cent compared to th...

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Sunday, 17 July 2022

News

What does dwindling central wheat stock mean for prices and production?

जेके भैया July 17, 2022 0 Comments

The wheat stocks in the Central pool have dropped close to the minimum required levels because of lower procurements. What does this mean fo...

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News

CBIC issues clarification on GST on pre-packaged items from Monday

जेके भैया July 17, 2022 0 Comments

The Central Board of Indirect Taxes and Customs on Sunday said single packages of food items like cereals, pulses and flour weighing up to 2...

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News

Front-loading monetary policy action can anchor inflation expectations: RBI

जेके भैया July 17, 2022 0 Comments

By front-loading rate hikes, RBI can cement the credibility of its monetary policy intent and action when it fights supply-side inflation on...

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Firstpost Business Latest News

Sri Lanka’s economy needs revamp: Current tax system making the poor poorer, the rich richer

जेके भैया July 17, 2022 0 Comments

Economists are of the view that Sri Lanka’s current taxation system needs revamping, as it currently makes the poor poorer while making the ...

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News

Govt likely to introduce bills to amend competition, insolvency laws

जेके भैया July 17, 2022 0 Comments

The government is likely to propose amendments to the competition and insolvency laws as it seeks to further strengthen the regulatory regim...

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Firstpost Business Latest News

Will Indian Rupee replace Sri Lankan Rupee?

जेके भैया July 17, 2022 0 Comments

New Delhi: The Reserve Bank of India on 11 July, asked banks to put in place additional arrangements for export and import transactions in ...

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