A day after the announcement of Lok Sabha elections, domestic stock market indices Sensex and Nifty, which opened nearly 1 percent higher on Wednesday (May 5), gained in morning trade. At 11:30 am, the Sensex rose 2.46% or 1,772.04 points to 73,851.09. The index opened at 73,027.88, up 1.32% compared to its previous close of…
Toyota Kirloskar Motor (TKM) accelerates its sustainability agenda with the launch of ‘Environment Month’, coinciding with World Environment Day. Under the theme “Unite for Responsible Resource Consumption Towards Becoming Global No.1,” TKM embarks on a month-long journey aimed at fostering eco-awareness and advocating for a greener future. Aligned with the Toyota Environmental Challenge 2050 (TEC…
Mumbai: Gross goods and services tax (GST) revenue for May 2024 stood at ₹1.73 lakh crore. This represents a 10 percent year-on-year increase, driven by strong growth in domestic transactions (up 15.3%) and a slowdown in imports (down 4.3%). After accounting for refunds, the net GST revenue for May 2024 is ₹1.44 lakh crore, showing…
Domestic equity indices opened at record highs on Monday after exit polls predicted a hat-trick for Prime Minister Narendra Modi in the results of the recently concluded Lok Sabha elections. Analysts said better than expected gross domestic product (GDP) of 8.2% in FY24 and S&P revising India’s rating outlook to positive from stable also buoyed…
The Reserve Bank of India (RBI) said the banking sector recorded higher credit growth in the first month of FY24, led by an increase in advances to the agriculture sector.On a year-on-year basis, non-food bank credit grow by 15. %3 in April compared with 16.2% growth a year earlier. In absolute terms, bank non-food credit…
Mother’s Recipe, renowned for its traditional flavors, has launched an exclusive Northeast media campaign. Northeast India has been a key market for Mother’s Recipe and is set to enhance its outreach and deepen its presence across the region, particularly in Assam and Mizoram. The Mother’s Recipe campaign features a touching film showcasing the flavorful memories…
The Ministry of Human Resources and Emiratisation made an announcement of the Midday Break – prohibiting work under direct sunlight and in open-air areas across the UAE – between 12:30 and 15:00, from 15th June until 15th September, 2024. The Midday Break takes into consideration the need to keep regularity in certain jobs that affect…
India Q4 GDP data live updates: India’s gross domestic product (GDP) for the January-March quarter (Q4FY24) and full year (FY24) of the financial year 2023-24 (Q4FY24) will be released on Friday, May 31. The macroeconomic data will come only days before the high-stakes Lok Sabha election results 2024 on Tuesday, June 4.In the last October-December…
The balance sheet of the Reserve Bank of India increased by 11.07 percent to Rs 70.47 lakh Crore in the financial year ending March 31, 2024, compared to Rs 63.44 lakh Crore in the financial year 2022-23.The growth on the asset side was led by growth in foreign investment, gold and loans and advances by…
Akasa Airline has started direct flights connecting Gorakhpur with Delhi and Bengaluru. Apart from Gorakhpur, the airline, which began flying in August 2022, flies to four other cities in Uttar Pradesh — Ayodhya, Varanasi, Lucknow, and Prayagraj. The inaugural flight from Gorakhpur to Delhi started on Wednesday(May 29), the airline said in a release on…
