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OMCs Update Fuel Rates: Check Todays Petrol, Diesel Price In Your City
The leading oil marketing companies have updated the petrol and diesel prices on August 13 and the prices remain unchanged. The price of both the fuels remain steady now for more than 2 months now. The Oil Marketing Companies release new

Corporate Tax Mop, Up Grows 34% Between Apr-July
The income tax department on Friday said corporate tax collections in the first four months of the current fiscal have grown 34 per cent over the year-ago period. During 2021-22 fiscal, corporate tax collections stood at Rs 7.23 lakh crore, a

Bank Of Baroda Plans, To Raise Up To Rs 2,500 Cr
New Delhi, Aug 12 (PTI) Bank of Baroda on Friday said it is mulling raising debt capital within its limit of Rs 2,500 crore by issuing bonds. "Meeting of capital raising committee of our bank is scheduled to be

ONGC Net Triples, To Rs 15k Cr On Bumper Oil, Gas Prices
India's top oil and gas producer ONGC on Friday reported a tripling of net profit in the June quarter as it earned record prices before the government slapped a tax on windfall profits arising from a global rally in energy rates.

RBI Directs Loan Recovery Agents Not, To Intimidate Borrowers, No Calling Before 8Am & After 7Pm
The RBI on Friday issued fresh instructions barring recovery agents from resorting to intimidation of borrowers as well as calling them before 8 am and after 7 pm. While issuing additional instructions to regulated entities including banks, NBFCs and ARCs, Reserve

No GST On Residential Premises, If Rented Out For Personal Use: Govt
The government on Friday said GST will not be applicable on residential units if they are rented out to private persons for personal use. The government dismissed media reports which claimed that there is an 18 per cent Goods and Services

Todays Gold Price Delhi August 12: Gold, Silver Prices Drop, Time To Buy?
Gold price in the national capital on Friday declined by Rs 90 to Rs 52,915 per 10 grams, according to HDFC Securities. The precious metal had closed at Rs 53,005 per 10 grams in the previous trade, according to a PTI

LIC Q1Fy23 Results: Net Profit Climbed Multifold YoY To Rs. 682.89 Crore
Life Insurance Corporation of India (LIC) today reported its Q1Fy23 results, wherein the insurer's net profit climbed multifold to Rs. 682.89 crore. In the year-ago period, the company's profit came in at Rs. 2.94 crore. The total income at the public

July Retail Inflation Softens To 5 Month Low Of 6.71%
The CPI or Consumer Price Index that is the key inflation metric for July month is out and has come in lower at 6.71 percent. In the June month, the same was reported at 7.01%. The retail inflation (CPI)

Crypto Market In Red: Bitcoin Drops Close To 4%, Ethereum Held Below $1900
As of writing this copy at around 5:10 pm (IST) major cryptocurrencies are trading in the red on witnessing profit-booking in trade today after strong gains made in the previous session. Bitcoin-the largest crypto is down by close to 4% at

ADIA To Invest Rs 665 Cr, In Aditya Birla Group's Health Insurance Arm
Abu Dhabi Investment Authority (ADIA) will be investing Rs 655 crore for a 10 per cent stake in conglomerate Aditya Birla Group's health insurance arm. The boards of directors of Aditya Birla Health Insurance (ABHI) and its listed parent Aditya Birla

Growth Momentum For Affordable Housing To Continue in FY23: CareEdge
The affordable housing finance segment grew 20% y-o-y in FY22 after a muted show in FY21, with rising share of LAP in the overall loan book. Going forward, CareEdge expects affordable segment to continue to outpace the industry with an expected

Bank Of Maharashtra Tops List Of PSU Lenders, In Q1 Loan, Deposit Growth
Bank of Maharashtra (BoM) has emerged as the top performer among the public sector lenders in terms of the loan and deposit growth in percentage terms during the first quarter of 2022-23. The Pune-headquartered lender recorded a 27.10 per cent increase

China's Huawei Says Sales Down, But New Ventures Growing
Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under US sanctions. Revenue fell 5.9% from a year earlier

Income Tax Department On Conducts Searches In Maharashtra
The Income Tax Department carried out a search operation in early August on two major groups engaged in the manufacturing of steel TMT Bars. The search operation covered more than 30 premises spread over Jalna, Aurangabad, Nashik and Mumbai.

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