Dealers Care: August 2022

Wednesday, 31 August 2022

Goldman cuts India's growth forecast to 7%; M Stanley sees downside risks

जेके भैया August 31, 2022 0 Comments

Goldman Sachs has revised lower its growth projections for India after the April-June quarterly gross domestic product readings missed marke...

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News

Rice export ban won't lower inflation or meaningfully improve food security

जेके भैया August 31, 2022 0 Comments

The last time India blocked grain exports, in 2007 and 2008, the decision precipitated a years-long food-security crisis from News https:/...

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News

India's Q1 GDP grows at 13.5%: What does it mean?

जेके भैया August 31, 2022 0 Comments

Indian economy grew by 13.5% in Q1 FY23, slower than what economists predicted, but high enough to keep hopes alive. The growth was driven b...

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News

Q1 GDP growth misses estimates despite low base; govt spending subdued

जेके भैया August 31, 2022 0 Comments

13.5% expansion in June QTR despite low base; GVA at basic prices up 12.7% from News https://ift.tt/7piGaBk

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News

Denmark's economy expands faster than estimated in second quarter

जेके भैया August 31, 2022 0 Comments

Later on Wednesday, the finance ministry is due to present the government's budget proposal for 2023 as well as new economic forecasts ...

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News

Centre proposes amendment in export policy for certain types of drones

जेके भैया August 31, 2022 0 Comments

The Centre has proposed an amendment in its export policy for certain types of drones and unmanned aerial vehicles (UAVs), dropping the requ...

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Tuesday, 30 August 2022

News

Customs to start risk-based scrutiny of imported goods in phases from Sep 5

जेके भैया August 30, 2022 0 Comments

The Customs department will begin a standardised risk-based faceless assessment system across the country for clearance of imported consignm...

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News

4 microbreweries to start in Delhi from Sep; mobile app to give more info

जेके भैया August 30, 2022 0 Comments

Four microbreweries serving draught beer will start operations in Delhi from September first week while a mobile app has been developed to p...

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News

India's economy probably grew at its fastest pace in a year in June qtr

जेके भैया August 30, 2022 0 Comments

Gross domestic product (GDP) in the three months to June 30 was probably 15.2% higher than a year earlier, a Reuters poll showed this week ...

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Monday, 29 August 2022

News

Centre may revamp framework for setting state-owned banks' targets

जेके भैया August 29, 2022 0 Comments

New framework could be on lines of earlier 'Statement of Intent' used to fix annual targets, will monitor performance on parameters ...

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News

CRISIL SME tracker: Export duty will hurt large steel players, spare MSMEs

जेके भैया August 29, 2022 0 Comments

MSMEs, which make up 90-95 per cent of re-rollers, witnessed a sharp margin contraction in FY21 owing to iron ore unavailability, and logist...

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News

Public sector contributes 20% to national income, 40% of total wages

जेके भैया August 29, 2022 0 Comments

The public sector contributes only 20 per cent to the national income, but accounts for nearly 40 per cent of the total wages, a report by a...

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News

Buy commodities, worry about recession later, says Goldman Sachs

जेके भैया August 29, 2022 0 Comments

Goldman Sachs did caution the path ahead may not be smooth, especially if the greenback extends gains from News https://ift.tt/lpV8e2m

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Firstpost Business Latest News

Meta, Jio Platforms collaborate to launch JioMart on WhatsApp

जेके भैया August 29, 2022 0 Comments

Mumbai: To make groceries buying easy and convenient, Jio Platforms and tech giant Meta, on Monday, announced launch of JioMart on the popu...

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Firstpost Business Latest News

Jio to launch 5G by Diwali, aims to cover entire country by 2023, Mukesh Ambani tells shareholders

जेके भैया August 29, 2022 0 Comments

Reliance Industries broadcasted its annual shareholder meeting simultaneously on a virtual reality platform as well as on five social media ...

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News

Recovery tracker: Workplace visits up 26%, vehicle registrations 2%

जेके भैया August 29, 2022 0 Comments

Fewer flights and air passengers in the latest week compared to the previous one from News https://ift.tt/d3tP7UX

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Firstpost Business Latest News

From Sony, Samsung to Nike, you will be surprised to know their first products

जेके भैया August 29, 2022 0 Comments

New Delhi : International brands like Sony, Samsung, Nike and Microsoft, which are making unprecedented strides in their respective fields, ...

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News

Govt working to avoid panic over rice with targeted curbs on export

जेके भैया August 29, 2022 0 Comments

India accounts for 40% of the global rice trade so any change in its export policy has huge implications for the billions of people who depe...

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Sunday, 28 August 2022

News

Sectors, states' efforts needed to get 500 GW renewable capacity: Khuba

जेके भैया August 28, 2022 0 Comments

Concerted efforts from all sectors and states are vital for India to achieve the target of 500 gigawatt renewable energy capacity by 2030, U...

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News

Govt may try new currency swap to help developing economies avert default

जेके भैया August 28, 2022 0 Comments

The mechanism is backed by trade in minerals, access to which from abroad has become essential for India to build up its chip industry and e...

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News

Diesel export falls 11%, petrol 4.5% in July on levy of windfall profit tax

जेके भैया August 28, 2022 0 Comments

India's diesel exports fell by 11 per cent in July and overseas shipment of petrol dropped by 4.5 per cent after the government slapped ...

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News

386 infrastructure projects show cost overruns of Rs 4.7 trillion

जेके भैया August 28, 2022 0 Comments

As many as 386 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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Saturday, 27 August 2022

News

Punjab taps agricultural residues to speed up lean energy transition

जेके भैया August 27, 2022 0 Comments

Punjab's agriculture holds a huge potential for energy generation from agro-residues, an alternative model of diversification, besides c...

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News

Govt bans export of wheat flour, maida, semolina to curb rising prices

जेके भैया August 27, 2022 0 Comments

After banning wheat exports in May, the government on Saturday prohibited exports of wheat flour, maida, semolina and wholemeal aata with a ...

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Friday, 26 August 2022

News

Pricing regulator closely watching prices of diabetes drug going off patent

जेके भैया August 26, 2022 0 Comments

Moves quickly to cap prices of two molecules Sitagliptin and Linagliptin and their combinations from News https://ift.tt/3JmigKq

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News

Paddy acreage deficit goes down from 15% to 6% in a span of 14 days

जेके भैया August 26, 2022 0 Comments

The saving grace is that unlike wheat, rice stocks in the central pool are much higher than required from News https://ift.tt/Fr6YnRH

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News

Surplus parked with RBI falls below Rs 1 trillion as liquidity shrinks

जेके भैया August 26, 2022 0 Comments

RBI's forex moves, strong credit off-take lead to faster liquidity decline from News https://ift.tt/9a5Qm7U

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News

Medicine purchases by inpatients exempt from GST: Tamil Nadu AAR

जेके भैया August 26, 2022 0 Comments

An outpatient will be charged GST for medicines and consumables bought that were prescribed in the course of providing health care services ...

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News

I-T dept going into new areas to check tax evasion: CBDT chairman

जेके भैया August 26, 2022 0 Comments

The Income-Tax department is going into "new areas" of the economy to check tax evasion even as its investigation units are using ...

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Thursday, 25 August 2022

News

2050 net-zero target can boost India's GDP by 7.3% till 2032, says report

जेके भैया August 25, 2022 0 Comments

Should India ramp up its ambition to achieve net zero emissions by 2050, it could boost GDP by 7.3 per cent (USD 470 billion) and create alm...

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Firstpost Business Latest News

RBL shares under F&O ban on NSE today: What is an F&O ban?

जेके भैया August 25, 2022 0 Comments

The National Stock Exchange added scrips of the private lender RBL Bank on its F&O ban list for August 25. The date is the monthly expir...

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News

Over 70% unorganised workers registered in year since e-Shram portal launch

जेके भैया August 25, 2022 0 Comments

National labour conference being held today to discuss providing social welfare schemes to card holders from News https://ift.tt/uMDdNwY

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News

Systemic reforms increased India's economic stability, says Ashima Goyal

जेके भैया August 25, 2022 0 Comments

Eight years of systemic economic reforms under the Modi government have increased India's macroeconomic stability and its capacity to wi...

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News

What is UP's new Parivar Kalyan Card and how will people be enrolled for it

जेके भैया August 25, 2022 0 Comments

UP Parivar Kalyan Card will provide a unique 12-digit ID number for each family, and the initial collection of data will be done through rat...

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Wednesday, 24 August 2022

Firstpost Business Latest News

Stock Market: BSE Sensex rises over 300 points in early trade; NSE Nifty nears 17,700

जेके भैया August 24, 2022 0 Comments

Mumbai: BSE equity benchmark Sensex rallied over 300 points in early trade on Thursday, tracking gains in banking, finance and metal stock...

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News

India's economic indicators give conflicting signs of recovery in July

जेके भैया August 24, 2022 0 Comments

Demand for Indian goods and services softened, a cross-section of high-frequency indicators compiled by Bloomberg News showed from News ht...

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News

Lower paddy acreage: How will it affect India and the world?

जेके भैया August 24, 2022 0 Comments

A victim of supply chain disruption is food. Even as the world looks towards India to fill the void created by the Russia-Ukraine war, a dro...

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Firstpost Business Latest News

What is the closing bell in stock exchange terminology and why is it important

जेके भैया August 24, 2022 0 Comments

A bell signifies the beginning and end of many activities. For most people with an interest in trading and the stock market, the closing bel...

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News

DoT eases security norms for mobile services near int'l border areas

जेके भैया August 24, 2022 0 Comments

The Telecom Department on Tuesday amended the licence norms to remove restrictions on telecom connectivity near international border areas, ...

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News

70% respondents want data protection bill to drop localisation rule: Survey

जेके भैया August 24, 2022 0 Comments

New legislation should clearly define nature of datasets, respondents say from News https://ift.tt/uNPtCV2

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News

Why Bengaluru might get a 'unicorn' logo and where it might be placed

जेके भैया August 24, 2022 0 Comments

A unicorn logo. That's how Karnataka hopes to celebrate Bengaluru, a city that has the most number of startups and unicorns in the count...

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Tuesday, 23 August 2022

News

India's nuclear power push gains traction as NTPC eyes new plants

जेके भैया August 23, 2022 0 Comments

A venture between NTPC Ltd. and India's monopoly nuclear developer is in advanced talks with the government to develop two 700-megawatt ...

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News

Inflation, rates may hit $114-billion firm debts: Standard and Poor's

जेके भैया August 23, 2022 0 Comments

'Deterioration in credit profile may not lead to large-scale defaults even in stressed scenario' from News https://ift.tt/OyutGQD ...

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News

RBI aims to bring down inflation to 4% in two years: Shaktikanta Das

जेके भैया August 23, 2022 0 Comments

Central bank hopes to achieve its objectives without too much 'growth sacrifice', he says from News https://ift.tt/6FxtCSn

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News

Re-examine financial sector architecture to build MSMEs better: Pronab Sen

जेके भैया August 23, 2022 0 Comments

According to Sen, the relationship between a bank and NBFC needs to be not of a borrower and a lender as it is today, but that of a partner ...

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News

Rated Indian firms better placed to withstand rising rates, inflation: S&P

जेके भैया August 23, 2022 0 Comments

Companies and banks in India could feel the bite of rising rates and inflation, but rated firms are better cushioned to withstand the pressu...

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News

Supreme Court rules that benami law cannot be applied retrospectively

जेके भैया August 23, 2022 0 Comments

Says section 3 of the 2016 amendment Act is unconstitutional from News https://ift.tt/Wkc0MoI

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Firstpost Business Latest News

DreamFolks Services IPO to open on 24 August: All you need to know

जेके भैया August 23, 2022 0 Comments

The public issue of DreamFolks Services opens for subscription tomorrow, 24 August. The initial public offering of DreamFolks Services will ...

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News

Providing HSN code responsibility of bidder, not tendering authority: SC

जेके भैया August 23, 2022 0 Comments

A level-playing field would be denied if another bidder gets the tender by quoting a lesser GST rate from News https://ift.tt/pFQLvZP

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Monday, 22 August 2022

News

Jaishankar woos Paraguayan companies by flagging Indian Embassy in Asuncion

जेके भैया August 22, 2022 0 Comments

External Affairs Minister S. Jaishankar on Monday said the establishment of a resident Indian Embassy here will spur an expansion of economi...

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News

Egypt's deal to buy Indian wheat at $400 per tonne stands, says minister

जेके भैया August 22, 2022 0 Comments

Egypt contracted to buy the 180,000 tonnes of wheat from India in June. from News https://ift.tt/Y8vMBmA

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News

Revenue Secy Tarun Bajaj gets additional charge of Corporate Affairs Secy

जेके भैया August 22, 2022 0 Comments

Tarun Bajaj was appointed as the revenue secretary under the Ministry of Finance in April 2021 from News https://ift.tt/zGbJCx6

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Firstpost Business Latest News

Norway’s Climate Investment Fund enters agreement to take 49% stake in 420 MW solar power plant in Rajasthan

जेके भैया August 22, 2022 0 Comments

New Delhi: The Norwegian Climate Investment Fund, managed by Norfund and KLP, has entered into an agreement to take a 49 per cent stake in ...

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News

India on the verge of capex recovery in coming years: Prabhudas Lilladher

जेके भैया August 22, 2022 0 Comments

The FY23 budget has increased the capex plans of the Centre by 10.6 per cent to Rs 12.2 trillion from News https://ift.tt/DPpRXNI

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Firstpost Business Latest News

New issue of Sovereign Gold Bond scheme opens today: 10 things to know

जेके भैया August 22, 2022 0 Comments

The second tranche of the Sovereign Gold Bond Scheme 2022-23 - Series II opens for subscription today, 22 August. The Sovereign Gold Bond Sc...

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Sunday, 21 August 2022

News

Retail inflation likely to ease below 6% by March quarter, say analysts

जेके भैया August 21, 2022 0 Comments

Despite signs of inflation having peaked in India, the outlook remains highly uncertain, members of the central bank's monetary policy c...

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News

Kerala, UP lag as GSDP of 19 states exceed pre-Covid levels in FY22: Report

जेके भैया August 21, 2022 0 Comments

The economies of 19 states and UTs in FY22 exceeded their pre-coronavirus levels, as they recorded double-digit growth in the last fiscal ye...

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Firstpost Business Latest News

Anand Mahindra shares Rakesh Jhunjhunwala's old interview revealing his 'worst investment'; know what ace trader said

जेके भैया August 21, 2022 0 Comments

New Delhi: Rakesh Jhunjhuwala was also known as 'Warren Buffet of India' because of the way he created wealth by investing in the I...

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News

2022 Housing sales to breach pre-Covid levels despite rate hikes: Industry

जेके भैया August 21, 2022 0 Comments

India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across ...

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News

Punjab expects low cotton production at 800,000 bales this season

जेके भैया August 21, 2022 0 Comments

Punjab is expecting a cotton output of around 8 lakh bales in the current Kharif season due to lower acreage and damage to the crop due to r...

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News

Freebies make sense only if state budget has revenue surplus: Economists

जेके भैया August 21, 2022 0 Comments

With issue of freebies announced by political parties being heard by the Supreme Court, economists say that if there is revenue surplus in t...

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Saturday, 20 August 2022

Firstpost Business Latest News

Private equity vs hedge funds: Here's what you need to know

जेके भैया August 20, 2022 0 Comments

Private equity (PE) is a form of financing where money, or capital, is invested into a company. Private equity is an alternative asset class...

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News

Govt may consider wheat import as shortage, rising inflation worries loom

जेके भैया August 20, 2022 0 Comments

The looming shortage and rising prices now have authorities making preparations to buy from overseas from News https://ift.tt/s8vjQYL

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Firstpost Business Latest News

Warren Buffet’s Berkshire Hathaway gets nod to buy up to 50% of Occidental Petroleum

जेके भैया August 20, 2022 0 Comments

Warren Buffett’s Berkshire Hathaway, on 19 August, received regulatory approval to buy up to 50 per cent of oil giant Occidental Petroleum’s...

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News

EPFO witnesses 43% YoY rise in net subscribers; adds 1.83 mn in June

जेके भैया August 20, 2022 0 Comments

Retirement fund body EPFO added 18.36 lakh new subscribers in June 2022, registering 43 per cent rise as compared to the year-ago period, ac...

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News

Shipping minister Sonowal reviews development work at Chabahar port

जेके भैया August 20, 2022 0 Comments

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Saturday visited the Shahid Behestti port at Chabahar in Iran to revie...

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Firstpost Business Latest News

Syrma Technology SGS IPO: What GMP signals ahead of share allotment

जेके भैया August 20, 2022 0 Comments

After a bleak two and a half months, the initial public offering of Syrma SGS Technology has created quite a buzz among investors. The publi...

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News

Rains, pests force world's top cotton producer India to import supplies

जेके भैया August 20, 2022 0 Comments

This confluence of extreme weather events brought on by climate change has sent cotton prices soaring by as much as 30% from News https://...

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Friday, 19 August 2022

Firstpost Business Latest News

Why surfactant manufacturers want removal of import duties on saturated fatty alcohol

जेके भैया August 19, 2022 0 Comments

High raw material prices is stoking high inflation in the home- and personal-care product segment. Many factors such as supply-chain disrupt...

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News

India's solar, wind energy potential likely to dip due to climate change

जेके भैया August 19, 2022 0 Comments

Solar and wind potential in India are likely to face a negative trend in the future due to climate change, according to a new study by Pune-...

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Thursday, 18 August 2022

News

FTA provisions over Rules of Origin to prevail in case of conflicts: CBIC

जेके भैया August 18, 2022 0 Comments

Exemptions specified in Free Trade Agreement (FTA) with regard to country of origin will prevail in case of conflict between revenue departm...

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News

Top headlines: Govt cuts windfall tax, IRCTC on passenger data, and more

जेके भैया August 18, 2022 0 Comments

From govt cutting windfall tax on domestic crude oil to IRCTC monetising passenger data, here are the top headlines on Friday morning from...

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News

India, Pakistan left in a lurch as gas deliveries get redirected to Europe

जेके भैया August 18, 2022 0 Comments

With gas prices more than 150% higher since the Russian invasion in February, and wealthier nations able to pay more to ensure adequate supp...

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News

DPIIT to hire consultants to work towards ease of doing business

जेके भैया August 18, 2022 0 Comments

The commerce and industry ministry is planning to hire consultants to study business environment and compliances and suggest steps to promot...

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News

CBDT exempts non-resident corporates from TCS on remittances, tour packages

जेके भैया August 18, 2022 0 Comments

The income tax department has exempted non-resident corporate entities and firms not having a permanent establishment or a fixed place of bu...

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News

Govt cuts windfall profit tax on domestic crude oil to Rs 13,000 per tonne

जेके भैया August 18, 2022 0 Comments

The government on Thursday hiked the windfall profit tax on the export of diesel to Rs 7 per litre and that on jet fuel exports to Rs 2 per ...

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Wednesday, 17 August 2022

News

Struggling KSRTC launches economical tour package, focuses on Mahabharatha

जेके भैया August 17, 2022 0 Comments

Kerala's cash-strapped state-run transport corporation, which is looking for diversified means for its survival, has now come out with a...

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Firstpost Business Latest News

Gold price today: 10 grams of 24-carat priced at Rs 52,240; silver at Rs 57,600 per kilo

जेके भैया August 17, 2022 0 Comments

Ten grams of 24-carat gold is priced at Rs 52,240 on 18 August, with a fall of Rs 10 from yesterday. One kilogram of silver stands at Rs 57,...

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