Financial Express Mumbai - July 20, 2022
Financial Express Mumbai - July 20, 2022
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In this issue
July 20, 2022
Aircraft orders by domestic carriers set to drive global sales
$45-BN ORDER PIPELINE
2 mins
FM says no GST on 11 food items when sold loose
FINANCE MINISTER NIRMALA Sitharaman on Tuesday said the 5% Goods and Services Tax (GST) levied on items such as cereals, pulses and flour was approved by the GST Council after a nod from all states, countering criticism over the impost on labelled and unbranded prepackaged foodstuff.
2 mins
Rupee claws back after breaching 80 against $
RBI INTERVENES; GOVT SAYS READY WITH ACTION PLAN | Currency seen to slide further to 80.5-82 range
3 mins
Rupee slide to raise borrowing costs for companies: Economists
INVESTMENT RECOVERY MAY SLOW DOWN
2 mins
80/Dollar-Mark Revives Imported Inflation Fears
The rupee may have retreated from the psychological 80-per-dollar mark, hit in intra-day trade on Tuesday, on suspected central bank-intervention, but it has revived fears of "imported inflation", as purchases of commodities ranging from crude oil, edible oil, coal and fertilisers to finished goods like electronics from overseas are set to turn more expensive.
2 mins
Non-cigarette biz accounts for 60% of ITC's gross revenue
EVOLVING FROM A tobacco company into a diversified business conglomerate, ITC now has over 60% of its gross revenue from non-cigarette segments, up from around 48% five years ago. However, operating profit has not been able to match the pace of growth, with non-cigarette segments accounting for 19% of the overall figure at the end of the last fiscal from around 14% in 2017-18.
2 mins
Know When ITR-1 Is Not For You
If an assessee uses the wrong ITR form, the return file will be considered a defective return and may trigger an I-T notice
2 mins
Why You Need A Term Plan
A term plan is the cheapest form of life insurance and you can buy riders to enhance the protection
2 mins
Sunak Leads Tory Race, With Liz Truss Closing In On Penny Mordaunt
Trade Minister Penny Mordaunt and foreign secretary Liz Truss will battle for a place in the final run-off alongside Rishi Sunak in the contest to be Conservative leader and the UK's next prime minister.
1 min
Three-way fight will decide Gotabaya successor today
IT'S RANIL VS DULLAS VS ANURA IN SRI LANKA | On the eve of the vote, opposition leader Sajith Premadasa decides to withdraw from the race and support Dullas
1 min
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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