Financial Express Mumbai - August 02, 2022
Financial Express Mumbai - August 02, 2022
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In this issue
August 02, 2022
At ₹1.49 trn, GST mop-up second-highest in July
Collections cross 1.4-trn mark for fifth straight month
2 mins
Zomato Transitioning To Multiple CEO Structure
"We are transitioning from a company where I was the CEO to a place where we will have multiple CEOs running each of our businesses...all acting as peers to each other." -DEEPINDER GOYAL, CEO, ZOMATO
2 mins
Jio top 5G bidder with ₹88,078 cr
Govt mops up ₹1.5 trillion as auctions conclude
3 mins
FPIs return to Indian equities
AFTER NINE CONSECUTIVE months of outflows, the net flows from foreign portfolio investors (FPIs) into Indian equities turned net positive in July.
2 mins
IMD Predicts Normal Monsoon In August-September
Monsoon Rainfall During
2 mins
Second review of windfall taxes in a day or two: Bajaj
THE GOVERNMENT WILL likely review the windfall taxes on domestic crude and exports of diesel and aviation turbine fuel in a day or two, revenue secretary Tarun Bajaj told FE on Monday.
1 min
No Question Of India Witnessing Recession Or Stagflation, Says FM
The government is open to initiating more measures to rein in inflation, on top of steps already announced, said finance minister Nirmala Sitharaman
2 mins
Coal import order to be relaxed, no change in blending norm
WITH COAL STOCKS at thermal power stations at a comfortable level, the power ministry is likely to relax the directive to gencos to step up coal imports. However, the stipulation that 10% of coal should be sourced via imports will remain unchanged.
2 mins
Technology making science easier to understand
The TutAR app allows teachers to explain basic science concepts by using augmented reality, with lessons becoming more fun
3 mins
Four banks raise MCLRs ahead of RBI policy
TWO PUBLIC SECTOR banks and two private sector lenders on Monday raised their marginal cost of funds-based lending rates (MCLRs) in the range of 10-15 basis points (bps) ahead of the monetary policy meeting of the Reserve Bank of India (RBI). The central bank is expected to hike the policy repo rate in the range of 3035 bps. The RBI's monetary policy committee (MPC) is scheduled to meet on August 3-5.
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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