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IndiaTV Business: Google News Feed: Digest for October 03, 2023

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Tata-owned Air India has achieved a historic milestone as it successfully acquired India's first Airbus A350-900 aircraft through a finance lease transaction with HSBC through theGujarat International Finance Tec-City (GIFT City). This is also the first wide-body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC).
Logistics firm DHL Express will hike the prices for parcel deliveries by an average of 6.9 per cent in India from next year as part of its annual price adjustment exercise, the company said on Friday. Prices are adjusted on an annual basis, taking into consideration various factors, including inflation, DHL Express said.
India's foreign exchange reserves dropped by USD 2.335 billion to USD 590.702 billion for week ended on September 22, 2023, the Reserve Bank of India (RBI) said.
The government on Friday raised the interest rate on the five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the December quarter. With this, the government retained the rates for all other small savings schemes. The interest rate on savings deposits has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent, according to a finance ministry circular.
The government on Friday (September 29) hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from September 30 (Saturday).

New deadline for exchange of Rs 2000 notes announced

Saturday 30 September 2023 11:32 AM UTC+00
September 30 (today) was the last date to exchange the Rs 2000 note. However, the Reserve Bank of India on Saturday extended the deadline. The Reserve Bank of India (RBI) on Saturday said that the deadline has been extended after conducting a review.  
LPG cylinder price increased: Oil Marketing Companies (OMCs) on Saturday increased the prices of commercial LPG gas cylinders, sources have informed.
Industry body Indian Biogas Association (IBA) said the trade body expects around Rs 1,500 crore investment announcement in the biogas segment during the 3-day long Renewable Energy India Expo 2023 (REI). 
Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent higher as compared to last year, according to the data released by the Finance Ministry on Sunday. It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the current FY 2023-24. Notably, the gross GST revenue collected last month was Rs 1,62,712 crore.
Vistara on Sunday started direct flights from New Delhi to the capital of the Maldives, Male. Additionally, Air India has announced that it will launch non-stop services between Kochi and Doha starting from October 23. Both airlines are part of the Tata Group.
Tata-owned Air India has achieved a historic milestone as it successfully acquired India's first Airbus A350-900 aircraft through a finance lease transaction with HSBC through theGujarat International Finance Tec-City (GIFT City). This is also the first wide-body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC).
Logistics firm DHL Express will hike the prices for parcel deliveries by an average of 6.9 per cent in India from next year as part of its annual price adjustment exercise, the company said on Friday. Prices are adjusted on an annual basis, taking into consideration various factors, including inflation, DHL Express said.
India's foreign exchange reserves dropped by USD 2.335 billion to USD 590.702 billion for week ended on September 22, 2023, the Reserve Bank of India (RBI) said.
The government on Friday raised the interest rate on the five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the December quarter. With this, the government retained the rates for all other small savings schemes. The interest rate on savings deposits has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent, according to a finance ministry circular.
The government on Friday (September 29) hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from September 30 (Saturday).

New deadline for exchange of Rs 2000 notes announced

Saturday 30 September 2023 11:32 AM UTC+00
September 30 (today) was the last date to exchange the Rs 2000 note. However, the Reserve Bank of India on Saturday extended the deadline. The Reserve Bank of India (RBI) on Saturday said that the deadline has been extended after conducting a review.  
LPG cylinder price increased: Oil Marketing Companies (OMCs) on Saturday increased the prices of commercial LPG gas cylinders, sources have informed.
Industry body Indian Biogas Association (IBA) said the trade body expects around Rs 1,500 crore investment announcement in the biogas segment during the 3-day long Renewable Energy India Expo 2023 (REI). 
Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent higher as compared to last year, according to the data released by the Finance Ministry on Sunday. It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the current FY 2023-24. Notably, the gross GST revenue collected last month was Rs 1,62,712 crore.
Vistara on Sunday started direct flights from New Delhi to the capital of the Maldives, Male. Additionally, Air India has announced that it will launch non-stop services between Kochi and Doha starting from October 23. Both airlines are part of the Tata Group.
India's foreign exchange reserves dropped by USD 2.335 billion to USD 590.702 billion for week ended on September 22, 2023, the Reserve Bank of India (RBI) said.
The government on Friday raised the interest rate on the five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the December quarter. With this, the government retained the rates for all other small savings schemes. The interest rate on savings deposits has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent, according to a finance ministry circular.
The government on Friday (September 29) hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from September 30 (Saturday).

New deadline for exchange of Rs 2000 notes announced

Saturday 30 September 2023 11:32 AM UTC+00
September 30 (today) was the last date to exchange the Rs 2000 note. However, the Reserve Bank of India on Saturday extended the deadline. The Reserve Bank of India (RBI) on Saturday said that the deadline has been extended after conducting a review.  
LPG cylinder price increased: Oil Marketing Companies (OMCs) on Saturday increased the prices of commercial LPG gas cylinders, sources have informed.
Industry body Indian Biogas Association (IBA) said the trade body expects around Rs 1,500 crore investment announcement in the biogas segment during the 3-day long Renewable Energy India Expo 2023 (REI). 
Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent higher as compared to last year, according to the data released by the Finance Ministry on Sunday. It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the current FY 2023-24. Notably, the gross GST revenue collected last month was Rs 1,62,712 crore.
Vistara on Sunday started direct flights from New Delhi to the capital of the Maldives, Male. Additionally, Air India has announced that it will launch non-stop services between Kochi and Doha starting from October 23. Both airlines are part of the Tata Group.

MGL slashes CNG prices in Mumbai, Check new rates here

Monday 02 October 2023 07:34 AM UTC+00
As a relief for consumers, Mahanagar Gas Ltd (MLG) reduced the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Mumbai and adjoining municipalities on Monday. 
Diesel sales in India fell 3 per cent in September as a receding monsoon continued to dampen demand and slowed industrial activity in some parts of the country, preliminary data of state-owned firms showed. While diesel sales by three state-owned fuel retailers fell year-on-year, petrol sales rose in September.
The government on Friday raised the interest rate on the five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the December quarter. With this, the government retained the rates for all other small savings schemes. The interest rate on savings deposits has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent, according to a finance ministry circular.
The government on Friday (September 29) hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from September 30 (Saturday).

New deadline for exchange of Rs 2000 notes announced

Saturday 30 September 2023 11:32 AM UTC+00
September 30 (today) was the last date to exchange the Rs 2000 note. However, the Reserve Bank of India on Saturday extended the deadline. The Reserve Bank of India (RBI) on Saturday said that the deadline has been extended after conducting a review.  
LPG cylinder price increased: Oil Marketing Companies (OMCs) on Saturday increased the prices of commercial LPG gas cylinders, sources have informed.
Industry body Indian Biogas Association (IBA) said the trade body expects around Rs 1,500 crore investment announcement in the biogas segment during the 3-day long Renewable Energy India Expo 2023 (REI). 
Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent higher as compared to last year, according to the data released by the Finance Ministry on Sunday. It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the current FY 2023-24. Notably, the gross GST revenue collected last month was Rs 1,62,712 crore.
Vistara on Sunday started direct flights from New Delhi to the capital of the Maldives, Male. Additionally, Air India has announced that it will launch non-stop services between Kochi and Doha starting from October 23. Both airlines are part of the Tata Group.

MGL slashes CNG prices in Mumbai, Check new rates here

Monday 02 October 2023 07:34 AM UTC+00
As a relief for consumers, Mahanagar Gas Ltd (MLG) reduced the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Mumbai and adjoining municipalities on Monday. 
Diesel sales in India fell 3 per cent in September as a receding monsoon continued to dampen demand and slowed industrial activity in some parts of the country, preliminary data of state-owned firms showed. While diesel sales by three state-owned fuel retailers fell year-on-year, petrol sales rose in September.

Coal India production rises 12.6% in September

Monday 02 October 2023 09:23 AM UTC+00
State-owned CIL on Monday reported a 12.6 per cent year-on-year rise in coal production to 51.4 million tonnes (MT) last month.
The government on Friday raised the interest rate on the five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the December quarter. With this, the government retained the rates for all other small savings schemes. The interest rate on savings deposits has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent, according to a finance ministry circular.
The government on Friday (September 29) hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from September 30 (Saturday).

New deadline for exchange of Rs 2000 notes announced

Saturday 30 September 2023 11:32 AM UTC+00
September 30 (today) was the last date to exchange the Rs 2000 note. However, the Reserve Bank of India on Saturday extended the deadline. The Reserve Bank of India (RBI) on Saturday said that the deadline has been extended after conducting a review.  
LPG cylinder price increased: Oil Marketing Companies (OMCs) on Saturday increased the prices of commercial LPG gas cylinders, sources have informed.
Industry body Indian Biogas Association (IBA) said the trade body expects around Rs 1,500 crore investment announcement in the biogas segment during the 3-day long Renewable Energy India Expo 2023 (REI). 
Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent higher as compared to last year, according to the data released by the Finance Ministry on Sunday. It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the current FY 2023-24. Notably, the gross GST revenue collected last month was Rs 1,62,712 crore.
Vistara on Sunday started direct flights from New Delhi to the capital of the Maldives, Male. Additionally, Air India has announced that it will launch non-stop services between Kochi and Doha starting from October 23. Both airlines are part of the Tata Group.

MGL slashes CNG prices in Mumbai, Check new rates here

Monday 02 October 2023 07:34 AM UTC+00
As a relief for consumers, Mahanagar Gas Ltd (MLG) reduced the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Mumbai and adjoining municipalities on Monday. 
Diesel sales in India fell 3 per cent in September as a receding monsoon continued to dampen demand and slowed industrial activity in some parts of the country, preliminary data of state-owned firms showed. While diesel sales by three state-owned fuel retailers fell year-on-year, petrol sales rose in September.

Coal India production rises 12.6% in September

Monday 02 October 2023 09:23 AM UTC+00
State-owned CIL on Monday reported a 12.6 per cent year-on-year rise in coal production to 51.4 million tonnes (MT) last month.
The government on Friday raised the interest rate on the five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the December quarter. With this, the government retained the rates for all other small savings schemes. The interest rate on savings deposits has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent, according to a finance ministry circular.
The government on Friday (September 29) hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from September 30 (Saturday).

New deadline for exchange of Rs 2000 notes announced

Saturday 30 September 2023 11:32 AM UTC+00
September 30 (today) was the last date to exchange the Rs 2000 note. However, the Reserve Bank of India on Saturday extended the deadline. The Reserve Bank of India (RBI) on Saturday said that the deadline has been extended after conducting a review.  
LPG cylinder price increased: Oil Marketing Companies (OMCs) on Saturday increased the prices of commercial LPG gas cylinders, sources have informed.
Industry body Indian Biogas Association (IBA) said the trade body expects around Rs 1,500 crore investment announcement in the biogas segment during the 3-day long Renewable Energy India Expo 2023 (REI). 
Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent higher as compared to last year, according to the data released by the Finance Ministry on Sunday. It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the current FY 2023-24. Notably, the gross GST revenue collected last month was Rs 1,62,712 crore.
Vistara on Sunday started direct flights from New Delhi to the capital of the Maldives, Male. Additionally, Air India has announced that it will launch non-stop services between Kochi and Doha starting from October 23. Both airlines are part of the Tata Group.

MGL slashes CNG prices in Mumbai, Check new rates here

Monday 02 October 2023 07:34 AM UTC+00
As a relief for consumers, Mahanagar Gas Ltd (MLG) reduced the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Mumbai and adjoining municipalities on Monday. 
Diesel sales in India fell 3 per cent in September as a receding monsoon continued to dampen demand and slowed industrial activity in some parts of the country, preliminary data of state-owned firms showed. While diesel sales by three state-owned fuel retailers fell year-on-year, petrol sales rose in September.

Coal India production rises 12.6% in September

Monday 02 October 2023 09:23 AM UTC+00
State-owned CIL on Monday reported a 12.6 per cent year-on-year rise in coal production to 51.4 million tonnes (MT) last month.
The government on Friday raised the interest rate on the five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the December quarter. With this, the government retained the rates for all other small savings schemes. The interest rate on savings deposits has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent, according to a finance ministry circular.
The government on Friday (September 29) hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from September 30 (Saturday).

New deadline for exchange of Rs 2000 notes announced

Saturday 30 September 2023 11:32 AM UTC+00
September 30 (today) was the last date to exchange the Rs 2000 note. However, the Reserve Bank of India on Saturday extended the deadline. The Reserve Bank of India (RBI) on Saturday said that the deadline has been extended after conducting a review.  
LPG cylinder price increased: Oil Marketing Companies (OMCs) on Saturday increased the prices of commercial LPG gas cylinders, sources have informed.
Industry body Indian Biogas Association (IBA) said the trade body expects around Rs 1,500 crore investment announcement in the biogas segment during the 3-day long Renewable Energy India Expo 2023 (REI). 
Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent higher as compared to last year, according to the data released by the Finance Ministry on Sunday. It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the current FY 2023-24. Notably, the gross GST revenue collected last month was Rs 1,62,712 crore.
Vistara on Sunday started direct flights from New Delhi to the capital of the Maldives, Male. Additionally, Air India has announced that it will launch non-stop services between Kochi and Doha starting from October 23. Both airlines are part of the Tata Group.

MGL slashes CNG prices in Mumbai, Check new rates here

Monday 02 October 2023 07:34 AM UTC+00
As a relief for consumers, Mahanagar Gas Ltd (MLG) reduced the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Mumbai and adjoining municipalities on Monday. 
Diesel sales in India fell 3 per cent in September as a receding monsoon continued to dampen demand and slowed industrial activity in some parts of the country, preliminary data of state-owned firms showed. While diesel sales by three state-owned fuel retailers fell year-on-year, petrol sales rose in September.

Coal India production rises 12.6% in September

Monday 02 October 2023 09:23 AM UTC+00
State-owned CIL on Monday reported a 12.6 per cent year-on-year rise in coal production to 51.4 million tonnes (MT) last month.
The government on Friday raised the interest rate on the five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the December quarter. With this, the government retained the rates for all other small savings schemes. The interest rate on savings deposits has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent, according to a finance ministry circular.
The government on Friday (September 29) hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from September 30 (Saturday).

New deadline for exchange of Rs 2000 notes announced

Saturday 30 September 2023 11:32 AM UTC+00
September 30 (today) was the last date to exchange the Rs 2000 note. However, the Reserve Bank of India on Saturday extended the deadline. The Reserve Bank of India (RBI) on Saturday said that the deadline has been extended after conducting a review.  
LPG cylinder price increased: Oil Marketing Companies (OMCs) on Saturday increased the prices of commercial LPG gas cylinders, sources have informed.
Industry body Indian Biogas Association (IBA) said the trade body expects around Rs 1,500 crore investment announcement in the biogas segment during the 3-day long Renewable Energy India Expo 2023 (REI). 
Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent higher as compared to last year, according to the data released by the Finance Ministry on Sunday. It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the current FY 2023-24. Notably, the gross GST revenue collected last month was Rs 1,62,712 crore.
Vistara on Sunday started direct flights from New Delhi to the capital of the Maldives, Male. Additionally, Air India has announced that it will launch non-stop services between Kochi and Doha starting from October 23. Both airlines are part of the Tata Group.

MGL slashes CNG prices in Mumbai, Check new rates here

Monday 02 October 2023 07:34 AM UTC+00
As a relief for consumers, Mahanagar Gas Ltd (MLG) reduced the prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Mumbai and adjoining municipalities on Monday. 
Diesel sales in India fell 3 per cent in September as a receding monsoon continued to dampen demand and slowed industrial activity in some parts of the country, preliminary data of state-owned firms showed. While diesel sales by three state-owned fuel retailers fell year-on-year, petrol sales rose in September.

Coal India production rises 12.6% in September

Monday 02 October 2023 09:23 AM UTC+00
State-owned CIL on Monday reported a 12.6 per cent year-on-year rise in coal production to 51.4 million tonnes (MT) last month.
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