Economy

U.S. consumer prices rose 0.3% in August, the lowest in 7 months

U.S. consumer prices rose by 0.3% expected last month, the smallest increase in seven months and a sign of hope that inflation pressure may cool down.August’s earnings fell by a 0.5% increase in July and a 0.9% increase in June, the Department of Labor said on Tuesday. It has been the smallest increase since the …

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GST Council – Income paid contributions issued by IGST, continue to discuss other matters, compensation

The Almighty Property Tax Council, on May 28, decided to exempt GST Covid-related entities submitted on a pay basis through government donations or the recommendation of state officials to any aid agency, until August 31. These include medical oxygen, concentrators, diagnostic marking kit kits and COVID-19 vaccines, etc. The center had already released items through …

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Forex investments rose by $ 32.29 billion in six months: RBI

The foreign exchange ( forex ) reserves reached $ 576.98 billion from March 31, 2021 from $ 544.69 billion at the end of September last year, the RBI reported. Foreign exchange assets (FCA), which is a major component of the reserves, have risen to $ 536.693 billion since March-end 2021 from $ 502.162 billion, the …

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PLI Schemes for Making Large Electronics extended by One Year: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman, on June 28, announced that the duration of the Production-Linked Incentive (PLI) mass production program had been extended by one year. The program would run from 2020-21 and continue for a period of five years. The Minister of Finance said the program would continue until 2025-26.Participating companies will receive any five …

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Wonderful

Wonderful 16 electric vehicles are coming India by 2027

Wonderful Mahindra and Mahindra: The national automobile company Mahindra & Mahindra announced on Tuesday that it plans to introduce 16 electric vehicles (EVs) in the SUV and LCB category by 2027. With this, the company wants to strengthen its position in the electric mobility segment in India. . The company has set itself a target …

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Capitalization

Capitalization of nine of the top 10 Sensex companies

Capitalization- New Delhi: The market capitalization (market capitalization) of nine of the 10 largest Sensex companies fell by Rs 2,62,146.32 crore last week. Bajaj Finance and Reliance Industries were the biggest losers. Last week, the 30-share BSE Sensex index lost 2,528.86 points, or 4.24%. Of the top 10 Sensex companies, only Bharti Airtel’s market capitalization …

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Center has so far purchased 874 lakh tonnes of paddy from MSP for Rs 1.65 lakh crore

The center has received 873.68 lakh paddy so far for the 2020-21 advertising year ending September at approximately Rs 1.65 lakh crore. Paddy’s acquisition reached a record high, surpassing the previous high of 773.45 tons in the KMS (Kharif Marketing Season) 2019-20, an official statement said.“An estimated 129.03 farmers have already benefited from ongoing KMS …

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