(PIB) Union Budget 2022-23 to be presented on 1st February, 2022 in Paperless form To mark the final stage of Union Budget making process, sweets provided to core staff due for “lock-in” at their work workplace instead of Halwa ceremony due to ongoing Pandemic and health safety concerns Union Budget 2022-23 will be available on Mobile App after it is presented in Parliament “Union Budget Mobile App” to provide easy and quick access to Union Budget information to all stakeholders Mobile App is bilingual (English & Hindi) and is available on both Android and iOS platforms Mobile App can be downloaded…
Author: Amit Bhanot
(T.E.T) A reverse repo rate hike in the coming monetary policy is a fait accompli given that the overnight call rates have surged past the rate the RBI provides banks for parking their excess funds. If the budget deficit numbers are more than 6.5 percent of the GDP, then even the repo rate hike may be on the table. The Reserve Bank of India’s monetary policy committee (MPC) which is expected to give its verdict on the rates in less than a fortnight on February 09, will hold its meeting amidst waning concerns over the impact of the rise in…
(F.E) Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: Petrol and diesel prices were left unchanged by Oil Marketing Companies (OMC) on January 28 across the country. Petrol in the National Capital of Delhi currently retails at Rs 95.41 per litre while diesel in the city is priced at Rs 86.67 per litre. In Mumbai, a litre of petrol and diesel cost Rs 109.98 and Rs 94.14, respectively. Fuel prices have been stable since the central government cut excise duty to bring down retail rates from record highs in November last year. Public sector OMCs including Bharat Petroleum Corporation Ltd…
(T.E.T) Global gas crunch is hurting Indian LNG import terminals as sky-high spot prices have curbed imports, which can push into doubt the country’s plans to aggressively add capacity. Shell’s 5.2 million tonnes a year (mt/y) LNG terminal at Hazira, the country’s second-largest, used only 63% of its capacity this financial year from April through December as against 89% in the same period last year. Capacity utilization at Petronet LNG’s terminal at Dahej (17.5 mt/y), the country’s largest, also dropped 6% to 90% this year. Domestic customers’ aversion to pricey spot LNG cargoes caused a decline in business at these…
(T.E.T) Shares of ONGC NSE 0.33 % and Oil India NSE 2.25 % are likely to benefit from the rise in oil prices, which touched a seven-year high of $89 per barrel recently. Retaining a buy rating on ONGC and Oil India, Motilal Oswal has raised target prices on both stocks to ₹210 and ₹320, respectively. The brokerage has raised FY23 and FY24 forecasts on oil prices by $5 per barrel to $70 and $65 per barrel, respectively, although it expects crude to hover in the $60-$70 per barrel range in the long run. The brokerage has also rationalised Brent crude oil prices…
(A.U) दिल्ली में कोरोना नियमों को लेकर हुई डीडीएमए की समीक्षा बैठक में वीकेंड कर्फ्यू, बाजारों के लिए ऑड-ईवन नियम खत्म करने का निर्णय लिया गया है। बैठक में मौजूद सूत्रों के हवाले से ये भी खबर है कि दिल्ली में वीकेंड कर्फ्यू तो खत्म कर दिया गया है लेकिन नाइट कर्फ्यू जारी रहेगा। दिल्ली में लगातार घटते कोरोना के मामले और कम होती संक्रमण दर को ध्यान में रखते हुए दिल्ली आपदा प्रबंधन प्राधिकरण (डीडीएमए) की बैठक में ये फैसले लिए गए हैं जिनका जल्द ही औपचारिक एलान हो जाएगा। डीडीएमए की इस बैठक की अध्यक्षता दिल्ली के उपराज्यपाल…
(A.T) भारतीय सर्राफा बाजार में गुरुवार को सोने-चांदी के रेट्स (Sona-Chandi rates today) जारी कर दिए गए हैं. सोने-चांदी के दाम में आज गिरावट दर्ज की गई है 999 प्योरिटी वाला 10 ग्राम सोना गिरकर 48502 रुपये पर पहुंच गया है, जबकि एक किलो चांदी की कीमत 62765 रुपये हो गई है. इस तरह चांदी एक बार फिर से 63 हजार रुपये के नीचे आ गई है. सोने-चांदी के दामों में तकरीबन रोजाना ही बदलाव होता है. सोने-चांदी के रेट्स दिन में दो बार जारी किए जाते हैं. पहली बार सुबह और फिर शाम को. ibjarates.com के अनुसार, 999 प्योरिटी वाला गोल्ड 48502…
(T.E.T) The Income Tax department on Thursday said it has issued refunds worth Rs 1.62 lakh crore to more than 1.79 crore taxpayers so far this fiscal. This includes 1.41 crore refunds for 2020-21 fiscal amounting to Rs 27,111.40 crore. “CBDT issues refunds of over Rs 1,62,448 crore to more than 1.79 crore taxpayers from 1st Apr,2021 to 24th Jan,2022,” the Income Tax department tweeted. This includes personal Income Tax refunds of Rs 57,754 crore issued to over 1.77 crore entities and corporate tax refunds of Rs 1.04 lakh crore have been issued in 2.23 lakh cases
(T.E.T) Tata Consultancy Services (TCS) NSE -2.60 %) has become the second most valuable brand in the IT services sector globally, while Infosys NSE -1.85 % and four other Indian tech majors have firmly established their position among the top 25 IT services brands tally, according to Brand Finance. Following TCS and Infosys (third spot), there are four more Indian brands now firmly establish . Following TCS and Infosys (third spot), there are four more Indian brands now firmly established among the global elite – Wipro (7th), HCL (8th), Tech Mahindra (15th) and LTI (22nd), as per the Brand Finance IT Services…
(B.S) Pushp Kumar Joshi has been picked by government headhunter PESB to be the new chairman and managing director of Hindustan Petroleum Corporation Ltd (HPCL), the nation’s third largest oil refining and fuel marketing company. Joshi, who is currently Director – Human Resources at HPCL – was picked after PESB interviewed 10 candidates on January 24, the headhunter said in a notice. “PESB recommended the following name for the post of Chairman and Managing Director, HPCL: Pushp Kumar Joshi,” it said. The recommendation will now go to the Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi. ACC will…