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Category: Business

  • Cos With Over Rs 5 Cr Annual Turnover Will Soon Have, To Generate GST E-Invoices For B2B Transactions: Officia

    GST-registered businesses with annual turnover of more than Rs 5 crore will soon have to generate electronic invoices for B2B transactions, a top official said on Thursday. Central Board of Indirect Taxes and Customs (CBIC) Chairman Vivek Johri said the GSTGST-registered businesses with annual turnover of more than Rs 5 crore will soon have to generate electronic invoices for B2B transactions, a top official said on Thursday. Central Board of Indirect Taxes and Customs (CBIC) Chairman Vivek Johri said the GST

  • Regulatory Tweaks: Limited Support To Forex Flows ​But Strong INR Signaling Intent

    The recent policy moves both on government and monetary regulatory front aim at managing inflation, and lingering twin deficits as well as the funding of CAD, Emkay Global has said in a report. The recent regulatory actions by the RBI pertainingThe recent policy moves both on government and monetary regulatory front aim at managing inflation, and lingering twin deficits as well as the funding of CAD, Emkay Global has said in a report. The recent regulatory actions by the RBI pertaining

  • Petrol, Diesel Price July 8, 2022: Check Today’s Fuel Rates Here

    Petrol and diesel prices stay constant for third straight month as Oil Marketing Companies (OMCs) decide to keep the price steady. In Delhi, prices of petrol remain at Rs 96.72 per litre while the diesel price is recorded at Rs 89.62Petrol and diesel prices stay constant for third straight month as Oil Marketing Companies (OMCs) decide to keep the price steady. In Delhi, prices of petrol remain at Rs 96.72 per litre while the diesel price is recorded at Rs 89.62

  • Chinese Companies Operating, In India Need To Follow Law Of Land: MEA

    Chinese companies operating in India need to follow the law of the land, the Ministry of External Affairs said on Thursday, a day after China reacted to the ongoing probe into alleged irregularities by Chinese smartphone maker Vivo. External Affairs MinistryChinese companies operating in India need to follow the law of the land, the Ministry of External Affairs said on Thursday, a day after China reacted to the ongoing probe into alleged irregularities by Chinese smartphone maker Vivo. External Affairs Ministry

  • Akasa Air Gets Air Operator Certificate; To, Start Services This Month

    Startup carrier Akasa Air on Thursday said it has received the Air Operator Certificate (AOC) from aviation regulator DGCA and will start commercial operations later this month. Akasa Air, which is backed by ace stock market investor Rakesh Jhunjhunwala, will joinStartup carrier Akasa Air on Thursday said it has received the Air Operator Certificate (AOC) from aviation regulator DGCA and will start commercial operations later this month. Akasa Air, which is backed by ace stock market investor Rakesh Jhunjhunwala, will join

  • Inflation Pushed 71 Million People, Into Poverty Since Ukraine War

    A staggering 71 million more people around the world are experiencing poverty as a result of soaring food and energy prices that climbed in the weeks following Russia’s invasion of Ukraine, the United Nations Development Programme said in a report Thursday.A staggering 71 million more people around the world are experiencing poverty as a result of soaring food and energy prices that climbed in the weeks following Russia’s invasion of Ukraine, the United Nations Development Programme said in a report Thursday.

  • Gold Prices Fall By Upto Rs. 820/10 gm; Aggressive US Fed Minutes Weigh

    Gold price in India are down for another day even though international rates are somewhat in the positive as dollar weakness weighs. In the retail market, gold in India is down by up to Rs. 820 per 10 gm. Likewise, goldGold price in India are down for another day even though international rates are somewhat in the positive as dollar weakness weighs. In the retail market, gold in India is down by up to Rs. 820 per 10 gm. Likewise, gold

  • Petrol, Diesel Price July 7, 2022: Check New Fuel Rates Here

    The prices of petrol and diesel on July7, 2022 continue to remain steady as Oil Marketing Companies (OMCs) decide to keep the price unchanged. If you are in Delhi, you will have to pay Rs 96.72 for per litre of petrolThe prices of petrol and diesel on July7, 2022 continue to remain steady as Oil Marketing Companies (OMCs) decide to keep the price unchanged. If you are in Delhi, you will have to pay Rs 96.72 for per litre of petrol

  • Us Treasury Sanctions Iranian Petrochemical Firms, Tied To Asia

    The Treasury Department said Wednesday that it has sanctioned a group of front companies and individuals tied to the sale and shipment of Iranian petroleum and petrochemical products to East Asia. Treasury’s Office of Foreign Assets Control imposed the sanctions onThe Treasury Department said Wednesday that it has sanctioned a group of front companies and individuals tied to the sale and shipment of Iranian petroleum and petrochemical products to East Asia. Treasury’s Office of Foreign Assets Control imposed the sanctions on

  • RBI Intervenes To Tame Free-Falling Rupee; Announces Slew Of Measures

    To curb the rupee’s free fall which has slid to 79 levels against the greenback, RBI has reportedly stepped in and announced a number of steps for diversifying the source of forex funding in order to handle the large scale volatility.To curb the rupee’s free fall which has slid to 79 levels against the greenback, RBI has reportedly stepped in and announced a number of steps for diversifying the source of forex funding in order to handle the large scale volatility.