Business
Munsif Daily delivers the latest headlines on business-related stories across India and the globe. Find in-depth information on the world’s economy, financing, stock market, initial public offerings (IPO), the banking sector, and the financial sector of India.
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Over 13 lakh electric vehicles in use in India: Centre tells Lok Sabha
New Delhi: The government on Tuesday told the Lok sabha that a total of 13.34 lakh electric vehicles are in use…
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Govt cuts windfall tax on crude, auto fuels and ATF
New Delhi: Nearly three weeks after slapping duty on domestic crude oil producers to take away part of their windfall…
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Rupee depreciates to 80 against US dollar
Chennai: As predicted earlier, the Indian rupee on Tuesday crossed Rs 80 for a US dollar. The fall in rupee’s value…
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No GST on food items when sold loose, clarifies Sitharaman
New Delhi: Following uproar in the Parliament over GST on food items, Union Finance Minister Nirmala Sitharaman on Tuesday defended the…
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Adani Wilmar cuts edible oil prices by Rs 5-30 per litre
New Delhi: Amid declining trend in global edible oil prices, Adani Wilmar on Monday announced a cut on maximum retail…
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Food packs above 25 kg exempted from GST: Govt
New Delhi: The Finance Ministry has clarified that food packages of items like pulses, cereals, rice and flour of less…
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GST hike: Packed milk products to get costlier in Kerala from Monday
Thiruvananthapuram: With the Goods and Services Tax (GST) hike of 5 per cent on packed food products from Monday, milk and…
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Selling coal cheaply to Pak paints Taliban as Pakistani puppets
New Delhi: Cash-strapped and cut off from international aid, the Taliban-led government is tapping into Afghanistan’s natural resources to boost revenue,…
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2.50L tonnes of onions procured to meet lean season demand
New Delhi: Onion prices in the upcoming lean season of the produce are unlikely to skyrocket as the Centre has procured…
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Vietjet to operate direct flight from Hyderabad to Vietnam
Hyderabad: VietJet, the new-age airline and an international low-cost airline from Vietnam, on Thursday announced to operate a direct flight…
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Spices, potatoes, tomatoes, chilies production estimated lower this year
New Delhi: Production of many important spices, potatoes, tomatoes and both red and green chillies is estimated to be less in…
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India’s June wholesale inflation eases to 15.18 pc
New Delhi: India’s wholesale inflation eased to 15.18 per cent in June, 2022 from 15.88 per cent in May, the…
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Protesting low salary, IndiGo, Go First technicians go on ‘sick leave’
Chennai: Continuing their protest against low salaries, the aircraft maintenance technicians (ATMs) of two airlines — IndiGo and Go First —…
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Time to review windfall tax on oil
Chennai: The fall in the crude oil prices as well as the refining margin for diesel, petrol and aviation turbine fuel,…
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Inflation in India to be about 5% by March 23
Chennai: The State Bank of India (SBI) expects the inflation in India to be about five per cent by March 23.…
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RBI fines Ola Financial Services over Rs 1.67 crore
Chennai: The Reserve Bank of India (RBI) on Tuesday fined Ola Financial Services Private Ltd over Rs 1.67 crore for non-compliance…
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Euro reaches parity with dollar for the first time in 20 years
Brussels: The euro and the dollar have reached parity for the first time in 20 years, signalling the market’s assumption that…
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Centre reminds to bring down prices, edible oil bodies say in 10-15 days
New Delhi: Almost a week after asking the edible oil associations to cut down on MRP by at least Rs 15…
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Rupee to trade in 78.75-80 band for dollar: Kotak Mahindra Bank
Chennai: The Indian rupee continues to be under pressure against the US dollar and would trade in the range Rs 78.75-80,…
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RBI aiming to de-dollarize global trade and the Indian economy
New Delhi: The RBI is aiming to de-dollarize global trade and the Indian economy, Motilal Oswal Financial Services said in a…
