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IndiaTV Business: Google News Feed: Digest for October 02, 2022

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Adani Group will invest USD 100 billion over the next decade, primarily in new energy and digital space that includes data centres, Chairman Gautam Adani said on Tuesday, as the group bets big on India's growth story. As much as 70 percent of this investment will be in the energy transition space, Adani, the world's second-richest person, said as he continued to reveal bit by bit the group's new energy plans.

Rupee rises by 9 paise to close at 81.58 against the US dollar

Tuesday 27 September 2022 12:33 PM UTC+00
The rupee consolidated in a narrow range and settled 9 paise higher at 81.58 (provisional) against the US dollar on Tuesday as the American currency retreated from its elevated levels. At the interbank forex market, the local unit opened at 81.45 against the greenback. It witnessed an intra-day high of 81.30 and a low of 81.64 during the session. It finally ended at 81.58, up 9 paise from its previous close.
The government has made the registration of IMEI number of all mobile phones mandatory before their sale in India on its anti-counterfeit and lost handset blocking portal from January 1, 2023.
Rupee falls: The rupee depreciated 40 paise to an all-time low of 81.93 against the US dollar in early trade on Wednesday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit.

Markets rebound in early trade amid recovery in global equities

Thursday 29 September 2022 06:01 AM UTC+00
Benchmark indices rebounded in early trade on Thursday with the BSE Sensex climbing 567.86 points amid a recovery in global equity markets.
The government on Thursday raised rates on some small savings schemes by up to 30 basis points (bps) in line with the hardening interest rate in the economy.
RBI rate hike: Reserve Bank of India hiked the repo rate by 50 basis points to 5.9%. This is the fourth hike in a row. With the latest hike, the repo rate or the short-term lending rate at which banks borrow from the central bank is now close to 6 per cent. This is the fourth consecutive rate hike after a 40 basis points increase in May and 50 basis point hike each in June and August. In all, RBI has raised benchmark rate by 1.90 per cent since May this year.

RBI cuts growth forecast to 7% for current fiscal

Friday 30 September 2022 06:18 AM UTC+00
RBI rate hike: The Reserve Bank of India on Friday slashed the growth projection to 7 per cent for the current fiscal from the earlier forecast of 7.2 per cent, citing aggressive tightening of monetary policies globally and moderation in demand.

How MSMEs can procure NBFC loans without mortgaging assets

Friday 30 September 2022 10:47 AM UTC+00
For MSMEs, sustained funding represents the difference between success and failure. Without timely credit, it would be virtually impossible for small enterprises to manage operational costs. As per the RBI's 2019 report, the MSME segment had a credit gap of approximately Rs20-25 lakh crore.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
Adani Group will invest USD 100 billion over the next decade, primarily in new energy and digital space that includes data centres, Chairman Gautam Adani said on Tuesday, as the group bets big on India's growth story. As much as 70 percent of this investment will be in the energy transition space, Adani, the world's second-richest person, said as he continued to reveal bit by bit the group's new energy plans.

Rupee rises by 9 paise to close at 81.58 against the US dollar

Tuesday 27 September 2022 12:33 PM UTC+00
The rupee consolidated in a narrow range and settled 9 paise higher at 81.58 (provisional) against the US dollar on Tuesday as the American currency retreated from its elevated levels. At the interbank forex market, the local unit opened at 81.45 against the greenback. It witnessed an intra-day high of 81.30 and a low of 81.64 during the session. It finally ended at 81.58, up 9 paise from its previous close.
The government has made the registration of IMEI number of all mobile phones mandatory before their sale in India on its anti-counterfeit and lost handset blocking portal from January 1, 2023.
Rupee falls: The rupee depreciated 40 paise to an all-time low of 81.93 against the US dollar in early trade on Wednesday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit.

Markets rebound in early trade amid recovery in global equities

Thursday 29 September 2022 06:01 AM UTC+00
Benchmark indices rebounded in early trade on Thursday with the BSE Sensex climbing 567.86 points amid a recovery in global equity markets.
The government on Thursday raised rates on some small savings schemes by up to 30 basis points (bps) in line with the hardening interest rate in the economy.
RBI rate hike: Reserve Bank of India hiked the repo rate by 50 basis points to 5.9%. This is the fourth hike in a row. With the latest hike, the repo rate or the short-term lending rate at which banks borrow from the central bank is now close to 6 per cent. This is the fourth consecutive rate hike after a 40 basis points increase in May and 50 basis point hike each in June and August. In all, RBI has raised benchmark rate by 1.90 per cent since May this year.

RBI cuts growth forecast to 7% for current fiscal

Friday 30 September 2022 06:18 AM UTC+00
RBI rate hike: The Reserve Bank of India on Friday slashed the growth projection to 7 per cent for the current fiscal from the earlier forecast of 7.2 per cent, citing aggressive tightening of monetary policies globally and moderation in demand.

How MSMEs can procure NBFC loans without mortgaging assets

Friday 30 September 2022 10:47 AM UTC+00
For MSMEs, sustained funding represents the difference between success and failure. Without timely credit, it would be virtually impossible for small enterprises to manage operational costs. As per the RBI's 2019 report, the MSME segment had a credit gap of approximately Rs20-25 lakh crore.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
Adani Group will invest USD 100 billion over the next decade, primarily in new energy and digital space that includes data centres, Chairman Gautam Adani said on Tuesday, as the group bets big on India's growth story. As much as 70 percent of this investment will be in the energy transition space, Adani, the world's second-richest person, said as he continued to reveal bit by bit the group's new energy plans.

Rupee rises by 9 paise to close at 81.58 against the US dollar

Tuesday 27 September 2022 12:33 PM UTC+00
The rupee consolidated in a narrow range and settled 9 paise higher at 81.58 (provisional) against the US dollar on Tuesday as the American currency retreated from its elevated levels. At the interbank forex market, the local unit opened at 81.45 against the greenback. It witnessed an intra-day high of 81.30 and a low of 81.64 during the session. It finally ended at 81.58, up 9 paise from its previous close.
The government has made the registration of IMEI number of all mobile phones mandatory before their sale in India on its anti-counterfeit and lost handset blocking portal from January 1, 2023.
Rupee falls: The rupee depreciated 40 paise to an all-time low of 81.93 against the US dollar in early trade on Wednesday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit.

Markets rebound in early trade amid recovery in global equities

Thursday 29 September 2022 06:01 AM UTC+00
Benchmark indices rebounded in early trade on Thursday with the BSE Sensex climbing 567.86 points amid a recovery in global equity markets.
The government on Thursday raised rates on some small savings schemes by up to 30 basis points (bps) in line with the hardening interest rate in the economy.
RBI rate hike: Reserve Bank of India hiked the repo rate by 50 basis points to 5.9%. This is the fourth hike in a row. With the latest hike, the repo rate or the short-term lending rate at which banks borrow from the central bank is now close to 6 per cent. This is the fourth consecutive rate hike after a 40 basis points increase in May and 50 basis point hike each in June and August. In all, RBI has raised benchmark rate by 1.90 per cent since May this year.

RBI cuts growth forecast to 7% for current fiscal

Friday 30 September 2022 06:18 AM UTC+00
RBI rate hike: The Reserve Bank of India on Friday slashed the growth projection to 7 per cent for the current fiscal from the earlier forecast of 7.2 per cent, citing aggressive tightening of monetary policies globally and moderation in demand.

How MSMEs can procure NBFC loans without mortgaging assets

Friday 30 September 2022 10:47 AM UTC+00
For MSMEs, sustained funding represents the difference between success and failure. Without timely credit, it would be virtually impossible for small enterprises to manage operational costs. As per the RBI's 2019 report, the MSME segment had a credit gap of approximately Rs20-25 lakh crore.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
The government has made the registration of IMEI number of all mobile phones mandatory before their sale in India on its anti-counterfeit and lost handset blocking portal from January 1, 2023.
Rupee falls: The rupee depreciated 40 paise to an all-time low of 81.93 against the US dollar in early trade on Wednesday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit.

Markets rebound in early trade amid recovery in global equities

Thursday 29 September 2022 06:01 AM UTC+00
Benchmark indices rebounded in early trade on Thursday with the BSE Sensex climbing 567.86 points amid a recovery in global equity markets.
The government on Thursday raised rates on some small savings schemes by up to 30 basis points (bps) in line with the hardening interest rate in the economy.
RBI rate hike: Reserve Bank of India hiked the repo rate by 50 basis points to 5.9%. This is the fourth hike in a row. With the latest hike, the repo rate or the short-term lending rate at which banks borrow from the central bank is now close to 6 per cent. This is the fourth consecutive rate hike after a 40 basis points increase in May and 50 basis point hike each in June and August. In all, RBI has raised benchmark rate by 1.90 per cent since May this year.

RBI cuts growth forecast to 7% for current fiscal

Friday 30 September 2022 06:18 AM UTC+00
RBI rate hike: The Reserve Bank of India on Friday slashed the growth projection to 7 per cent for the current fiscal from the earlier forecast of 7.2 per cent, citing aggressive tightening of monetary policies globally and moderation in demand.

How MSMEs can procure NBFC loans without mortgaging assets

Friday 30 September 2022 10:47 AM UTC+00
For MSMEs, sustained funding represents the difference between success and failure. Without timely credit, it would be virtually impossible for small enterprises to manage operational costs. As per the RBI's 2019 report, the MSME segment had a credit gap of approximately Rs20-25 lakh crore.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
Debit credit cards tokenisation: The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. 
5G services launched: India entered a new era in technology as Prime Minister Narendra Modi launched the 5G telecom services at Indian Mobile Congress (IMC) 2022 in Delhi on Saturday. 5G services will provide seamless coverage, high data rate, low latency, highly reliable communications system and power of Augmented Reality (AR). 
The government on Thursday raised rates on some small savings schemes by up to 30 basis points (bps) in line with the hardening interest rate in the economy.
RBI rate hike: Reserve Bank of India hiked the repo rate by 50 basis points to 5.9%. This is the fourth hike in a row. With the latest hike, the repo rate or the short-term lending rate at which banks borrow from the central bank is now close to 6 per cent. This is the fourth consecutive rate hike after a 40 basis points increase in May and 50 basis point hike each in June and August. In all, RBI has raised benchmark rate by 1.90 per cent since May this year.

RBI cuts growth forecast to 7% for current fiscal

Friday 30 September 2022 06:18 AM UTC+00
RBI rate hike: The Reserve Bank of India on Friday slashed the growth projection to 7 per cent for the current fiscal from the earlier forecast of 7.2 per cent, citing aggressive tightening of monetary policies globally and moderation in demand.

How MSMEs can procure NBFC loans without mortgaging assets

Friday 30 September 2022 10:47 AM UTC+00
For MSMEs, sustained funding represents the difference between success and failure. Without timely credit, it would be virtually impossible for small enterprises to manage operational costs. As per the RBI's 2019 report, the MSME segment had a credit gap of approximately Rs20-25 lakh crore.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
Debit credit cards tokenisation: The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. 
5G services launched: India entered a new era in technology as Prime Minister Narendra Modi launched the 5G telecom services at Indian Mobile Congress (IMC) 2022 in Delhi on Saturday. 5G services will provide seamless coverage, high data rate, low latency, highly reliable communications system and power of Augmented Reality (AR). 
Jio 5G launch: Reliance Jio will launch 5G services across the country by December 2023, announced industrialist Mukesh Ambani, at the launch of ultra high-speed reliable telecom network by PM Modi during India Mobile Congress at Pragati Maidan in New Delhi.
The government has put off by one month the levy of an additional Rs 2 per litre excise duty on petrol that is not doped with ethanol and by six months for diesel not blended with bio-diesel in a bid to give the industry more time to implement the measure.
UPI transactions grew by over 3 per cent to 6.78 billion in September from a month ago, data from NPCI showed on Saturday.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
Debit credit cards tokenisation: The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. 
5G services launched: India entered a new era in technology as Prime Minister Narendra Modi launched the 5G telecom services at Indian Mobile Congress (IMC) 2022 in Delhi on Saturday. 5G services will provide seamless coverage, high data rate, low latency, highly reliable communications system and power of Augmented Reality (AR). 
Jio 5G launch: Reliance Jio will launch 5G services across the country by December 2023, announced industrialist Mukesh Ambani, at the launch of ultra high-speed reliable telecom network by PM Modi during India Mobile Congress at Pragati Maidan in New Delhi.
The government has put off by one month the levy of an additional Rs 2 per litre excise duty on petrol that is not doped with ethanol and by six months for diesel not blended with bio-diesel in a bid to give the industry more time to implement the measure.
UPI transactions grew by over 3 per cent to 6.78 billion in September from a month ago, data from NPCI showed on Saturday.
Vodafone Idea, the country's struggling third telecom player, plans to begin the journey to roll out 5G services, matching rivals Reliance Jio and Bharti Airtel, but the firm has offered no specific timeline for the launch or coverage of the ultra high-speed internet services. Aditya Birla Group Chairman Kumar Mangalam Birla on Saturday pledged the telco's commitment to taking India on "the new pace of country's digital journey" while speaking at the inauguration of India Mobile Congress 2022 and launch of 5G services in the country by Prime Minister Narendra Modi.

Airtel 5G launches in 8 cities

Saturday 01 October 2022 10:42 AM UTC+00
Airtel 5G launch: Bharti Airtel's 5G service will be available in eight cities from Saturday, its chairman Sunil Bharti Mittal said at India Mobile Congress.

Govt extends deadline for filing tax audit report till Oct 7

Saturday 01 October 2022 11:01 AM UTC+00
Income Tax: The income tax department has extended the due date for filing tax audit report for fiscal 2021-22 by 7 days till October 7.
GST collections remained above Rs 1.40 lakh crore for the seventh month in a row at Rs 1.47 lakh crore in September, a 26 percent increase over last year, reflecting buoyancy in tax collection and stability of the GST portal, the finance ministry said on Saturday. With the ongoing festive season, the collections are expected to go up in the coming months, experts said.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
Debit credit cards tokenisation: The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. 
5G services launched: India entered a new era in technology as Prime Minister Narendra Modi launched the 5G telecom services at Indian Mobile Congress (IMC) 2022 in Delhi on Saturday. 5G services will provide seamless coverage, high data rate, low latency, highly reliable communications system and power of Augmented Reality (AR). 
Jio 5G launch: Reliance Jio will launch 5G services across the country by December 2023, announced industrialist Mukesh Ambani, at the launch of ultra high-speed reliable telecom network by PM Modi during India Mobile Congress at Pragati Maidan in New Delhi.
The government has put off by one month the levy of an additional Rs 2 per litre excise duty on petrol that is not doped with ethanol and by six months for diesel not blended with bio-diesel in a bid to give the industry more time to implement the measure.
UPI transactions grew by over 3 per cent to 6.78 billion in September from a month ago, data from NPCI showed on Saturday.
Vodafone Idea, the country's struggling third telecom player, plans to begin the journey to roll out 5G services, matching rivals Reliance Jio and Bharti Airtel, but the firm has offered no specific timeline for the launch or coverage of the ultra high-speed internet services. Aditya Birla Group Chairman Kumar Mangalam Birla on Saturday pledged the telco's commitment to taking India on "the new pace of country's digital journey" while speaking at the inauguration of India Mobile Congress 2022 and launch of 5G services in the country by Prime Minister Narendra Modi.

Airtel 5G launches in 8 cities

Saturday 01 October 2022 10:42 AM UTC+00
Airtel 5G launch: Bharti Airtel's 5G service will be available in eight cities from Saturday, its chairman Sunil Bharti Mittal said at India Mobile Congress.

Govt extends deadline for filing tax audit report till Oct 7

Saturday 01 October 2022 11:01 AM UTC+00
Income Tax: The income tax department has extended the due date for filing tax audit report for fiscal 2021-22 by 7 days till October 7.
GST collections remained above Rs 1.40 lakh crore for the seventh month in a row at Rs 1.47 lakh crore in September, a 26 percent increase over last year, reflecting buoyancy in tax collection and stability of the GST portal, the finance ministry said on Saturday. With the ongoing festive season, the collections are expected to go up in the coming months, experts said.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
Debit credit cards tokenisation: The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. 
5G services launched: India entered a new era in technology as Prime Minister Narendra Modi launched the 5G telecom services at Indian Mobile Congress (IMC) 2022 in Delhi on Saturday. 5G services will provide seamless coverage, high data rate, low latency, highly reliable communications system and power of Augmented Reality (AR). 
Jio 5G launch: Reliance Jio will launch 5G services across the country by December 2023, announced industrialist Mukesh Ambani, at the launch of ultra high-speed reliable telecom network by PM Modi during India Mobile Congress at Pragati Maidan in New Delhi.
The government has put off by one month the levy of an additional Rs 2 per litre excise duty on petrol that is not doped with ethanol and by six months for diesel not blended with bio-diesel in a bid to give the industry more time to implement the measure.
UPI transactions grew by over 3 per cent to 6.78 billion in September from a month ago, data from NPCI showed on Saturday.
Vodafone Idea, the country's struggling third telecom player, plans to begin the journey to roll out 5G services, matching rivals Reliance Jio and Bharti Airtel, but the firm has offered no specific timeline for the launch or coverage of the ultra high-speed internet services. Aditya Birla Group Chairman Kumar Mangalam Birla on Saturday pledged the telco's commitment to taking India on "the new pace of country's digital journey" while speaking at the inauguration of India Mobile Congress 2022 and launch of 5G services in the country by Prime Minister Narendra Modi.

Airtel 5G launches in 8 cities

Saturday 01 October 2022 10:42 AM UTC+00
Airtel 5G launch: Bharti Airtel's 5G service will be available in eight cities from Saturday, its chairman Sunil Bharti Mittal said at India Mobile Congress.

Govt extends deadline for filing tax audit report till Oct 7

Saturday 01 October 2022 11:01 AM UTC+00
Income Tax: The income tax department has extended the due date for filing tax audit report for fiscal 2021-22 by 7 days till October 7.
GST collections remained above Rs 1.40 lakh crore for the seventh month in a row at Rs 1.47 lakh crore in September, a 26 percent increase over last year, reflecting buoyancy in tax collection and stability of the GST portal, the finance ministry said on Saturday. With the ongoing festive season, the collections are expected to go up in the coming months, experts said.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
Debit credit cards tokenisation: The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. 
5G services launched: India entered a new era in technology as Prime Minister Narendra Modi launched the 5G telecom services at Indian Mobile Congress (IMC) 2022 in Delhi on Saturday. 5G services will provide seamless coverage, high data rate, low latency, highly reliable communications system and power of Augmented Reality (AR). 
Jio 5G launch: Reliance Jio will launch 5G services across the country by December 2023, announced industrialist Mukesh Ambani, at the launch of ultra high-speed reliable telecom network by PM Modi during India Mobile Congress at Pragati Maidan in New Delhi.
The government has put off by one month the levy of an additional Rs 2 per litre excise duty on petrol that is not doped with ethanol and by six months for diesel not blended with bio-diesel in a bid to give the industry more time to implement the measure.
UPI transactions grew by over 3 per cent to 6.78 billion in September from a month ago, data from NPCI showed on Saturday.
Vodafone Idea, the country's struggling third telecom player, plans to begin the journey to roll out 5G services, matching rivals Reliance Jio and Bharti Airtel, but the firm has offered no specific timeline for the launch or coverage of the ultra high-speed internet services. Aditya Birla Group Chairman Kumar Mangalam Birla on Saturday pledged the telco's commitment to taking India on "the new pace of country's digital journey" while speaking at the inauguration of India Mobile Congress 2022 and launch of 5G services in the country by Prime Minister Narendra Modi.

Airtel 5G launches in 8 cities

Saturday 01 October 2022 10:42 AM UTC+00
Airtel 5G launch: Bharti Airtel's 5G service will be available in eight cities from Saturday, its chairman Sunil Bharti Mittal said at India Mobile Congress.

Govt extends deadline for filing tax audit report till Oct 7

Saturday 01 October 2022 11:01 AM UTC+00
Income Tax: The income tax department has extended the due date for filing tax audit report for fiscal 2021-22 by 7 days till October 7.
GST collections remained above Rs 1.40 lakh crore for the seventh month in a row at Rs 1.47 lakh crore in September, a 26 percent increase over last year, reflecting buoyancy in tax collection and stability of the GST portal, the finance ministry said on Saturday. With the ongoing festive season, the collections are expected to go up in the coming months, experts said.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
Debit credit cards tokenisation: The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. 
5G services launched: India entered a new era in technology as Prime Minister Narendra Modi launched the 5G telecom services at Indian Mobile Congress (IMC) 2022 in Delhi on Saturday. 5G services will provide seamless coverage, high data rate, low latency, highly reliable communications system and power of Augmented Reality (AR). 
Jio 5G launch: Reliance Jio will launch 5G services across the country by December 2023, announced industrialist Mukesh Ambani, at the launch of ultra high-speed reliable telecom network by PM Modi during India Mobile Congress at Pragati Maidan in New Delhi.
The government has put off by one month the levy of an additional Rs 2 per litre excise duty on petrol that is not doped with ethanol and by six months for diesel not blended with bio-diesel in a bid to give the industry more time to implement the measure.
UPI transactions grew by over 3 per cent to 6.78 billion in September from a month ago, data from NPCI showed on Saturday.
Vodafone Idea, the country's struggling third telecom player, plans to begin the journey to roll out 5G services, matching rivals Reliance Jio and Bharti Airtel, but the firm has offered no specific timeline for the launch or coverage of the ultra high-speed internet services. Aditya Birla Group Chairman Kumar Mangalam Birla on Saturday pledged the telco's commitment to taking India on "the new pace of country's digital journey" while speaking at the inauguration of India Mobile Congress 2022 and launch of 5G services in the country by Prime Minister Narendra Modi.

Airtel 5G launches in 8 cities

Saturday 01 October 2022 10:42 AM UTC+00
Airtel 5G launch: Bharti Airtel's 5G service will be available in eight cities from Saturday, its chairman Sunil Bharti Mittal said at India Mobile Congress.

Govt extends deadline for filing tax audit report till Oct 7

Saturday 01 October 2022 11:01 AM UTC+00
Income Tax: The income tax department has extended the due date for filing tax audit report for fiscal 2021-22 by 7 days till October 7.
GST collections remained above Rs 1.40 lakh crore for the seventh month in a row at Rs 1.47 lakh crore in September, a 26 percent increase over last year, reflecting buoyancy in tax collection and stability of the GST portal, the finance ministry said on Saturday. With the ongoing festive season, the collections are expected to go up in the coming months, experts said.

Gas prices hiked 40%; CNG, PNG to cost more

Friday 30 September 2022 03:23 PM UTC+00
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.
Debit credit cards tokenisation: The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. 
5G services launched: India entered a new era in technology as Prime Minister Narendra Modi launched the 5G telecom services at Indian Mobile Congress (IMC) 2022 in Delhi on Saturday. 5G services will provide seamless coverage, high data rate, low latency, highly reliable communications system and power of Augmented Reality (AR). 
Jio 5G launch: Reliance Jio will launch 5G services across the country by December 2023, announced industrialist Mukesh Ambani, at the launch of ultra high-speed reliable telecom network by PM Modi during India Mobile Congress at Pragati Maidan in New Delhi.
The government has put off by one month the levy of an additional Rs 2 per litre excise duty on petrol that is not doped with ethanol and by six months for diesel not blended with bio-diesel in a bid to give the industry more time to implement the measure.
UPI transactions grew by over 3 per cent to 6.78 billion in September from a month ago, data from NPCI showed on Saturday.
Vodafone Idea, the country's struggling third telecom player, plans to begin the journey to roll out 5G services, matching rivals Reliance Jio and Bharti Airtel, but the firm has offered no specific timeline for the launch or coverage of the ultra high-speed internet services. Aditya Birla Group Chairman Kumar Mangalam Birla on Saturday pledged the telco's commitment to taking India on "the new pace of country's digital journey" while speaking at the inauguration of India Mobile Congress 2022 and launch of 5G services in the country by Prime Minister Narendra Modi.

Airtel 5G launches in 8 cities

Saturday 01 October 2022 10:42 AM UTC+00
Airtel 5G launch: Bharti Airtel's 5G service will be available in eight cities from Saturday, its chairman Sunil Bharti Mittal said at India Mobile Congress.

Govt extends deadline for filing tax audit report till Oct 7

Saturday 01 October 2022 11:01 AM UTC+00
Income Tax: The income tax department has extended the due date for filing tax audit report for fiscal 2021-22 by 7 days till October 7.
GST collections remained above Rs 1.40 lakh crore for the seventh month in a row at Rs 1.47 lakh crore in September, a 26 percent increase over last year, reflecting buoyancy in tax collection and stability of the GST portal, the finance ministry said on Saturday. With the ongoing festive season, the collections are expected to go up in the coming months, experts said.
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