Month: August 2022

The tax on jet fuel has been cut to zero from ₹4 per litre and diesel to ₹5 per litre from ₹11 per litre The Hindu – Economy

Minister of State for Finance Pankaj Chaudhary on Tuesday said the Directorate of Enforcement is probing alleged money laundering of Rs 2,790 crore through crypto exchange WazirX. NDTV Profit-Latest

The Finance Minister said the Opposition was trying to build a narrative that the poor person was not being given anything from the cess and duties collected by the Centre … Read More

Goods exports dip slightly even as imports surge 43.6%  The Hindu – Economy

The July trade deficit widened to $31.02 billion, pushed by a rise in crude oil and coal imports, from $10.63 billion a year earlier, a government official said on Tuesday. … Read More

The diversified group, ITC Ltd, said on Tuesday that it has exited from the lifestyle retailing business following a strategic review of the business portfolio. NDTV Profit-Latest

Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, on Tuesday said its cash profit surged by 48 per cent year-on-year to Rs 680 crore … Read More

Urban unemployment jumped to 8.21% in July from 7.8% the previous month The Hindu – Economy

Finance Minister Nirmala Sitharaman in the Rajya Sabha said there is no GST on withdrawal of cash from banks. NDTV Profit-Latest

Uber Technologies is the likely seller of a 7.8% stake infood delivery firm Zomato being disposed of via a $373 million block deal on Wednesday, according to a source with … Read More