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GST collection rises 28% in August: Here's what experts say
GST collection rises 28% in August: Here's what experts say

Mumbai,  Goods and Services Tax (GST) collection in August rose 28 per cent to Rs 1.43 lakh crore, with monthly GST revenue remaining more than Rs 1.4 lakh crore for six months in a row, the Finance Ministry said.

"This is a clear impact of various measures taken by the Council in the past to ensure

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US orders Nvidia, AMD not to sell AI chips to China
US orders Nvidia, AMD not to sell AI chips to China

San Francisco, The US government has ordered graphics chip giant Nvidia and semiconductor manufacturer AMD not to sell their artificial intelligence (AI) chips to China over national security concerns.

In a filing with the US Securities and Exchange Commission (SEC), Nvidia said the Joe Biden administration t

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BSES-Bidgely sign MOU for AI on load forecasting, energy management
BSES-Bidgely sign MOU for AI on load forecasting, energy management

New Delhi, Discom BSES has signed an MoU with Bidgely, a US-based global leader in artificial intelligence (AI)-powered solutions, for accelerating its transition towards a greener and digitalised future.

BSES Rajdhani Power Ltd (BRPL) and Bidgely will collaborate in the development and implementation of scal

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Hyundai, Kia global sales rise in August despite chip shortage
Hyundai, Kia global sales rise in August despite chip shortage

Seoul,  Hyundai Motor, South Korea's biggest carmaker, said on Thursday that its sales rose 12 per cent in August from a year earlier despite an extended chip shortage.

Its subsidiary Kia's sales also went up 10 per cent last month from a year earlier despite an extended chip shortage.

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Economy/Business
Former Finance Secy Garg calls for 'serious introspection' on Q1 GDP growth
Former Finance Secy Garg calls for 'serious introspection' on Q1 GDP growth

New Delhi,  With India's GDP growing at 13.5 per cent in the June quarter of the current financial year, less than the 20.1 per cent growth recorded in the corresponding period of last year and also lower than Reserve Bank of India's (RBI) prediction of 16.2 per cent, former Finance Secretary Subhash Chandra Ga

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Economy/Business
Reckitt Benckiser CEO Laxman Narasimhan steps down abruptly
Reckitt Benckiser CEO Laxman Narasimhan steps down abruptly

London,  Laxman Narasimhan, the CEO of Dettol disinfectant maker Reckitt Benckiser, has abruptly announced his resignation in order to take up a new job in the US, surprising investors after a relatively brief three-year stint at the top of the FTSE 100 company, media reports said.

Narasimhan will step d

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Economy/Business
Govt received Rs 7,85,914 crore till July, incurred Rs 11,26,745 crore as expenses
Govt received Rs 7,85,914 crore till July, incurred Rs 11,26,745 crore as expenses

New Delhi,  The Union government received Rs 7,85,914 crore till July 2022, consisting of Rs 6,66,212 crore in terms of tax revenue, Rs 89,583 crore of non-tax revenue, and Rs 30,119 crore of non-debt capital Receipts, according to a statement issued by the Finance Ministry on the Centre's monthly account.
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Economy/Business
Focus on innovation, indigenisation to make India global drone hub: V.K. Singh
Focus on innovation, indigenisation to make India global drone hub: V.K. Singh

New Delhi,  There is a need to cut down imports of drones and only policy is not enough to make the country a drone hub, Minister of State for Civil Aviation V.K. Singh said on Thursday.

"We have to cut down imports and policy is just not enough. If India has to become a drone hub, we have to ensure

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Economy/Business
Niti Aayog in two minds on PMGKAY extension
Niti Aayog in two minds on PMGKAY extension

New Delhi,  Though the government has not yet taken any decision on extending the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) beyond its September 30 deadline, its think tank Niti Aayog is said to be of the view that the scheme should not be continued further.

Sources privy to developments in Niti A

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Delhi Dossier
Hooda clarifies on meeting Ghulam Nabi Azad
Hooda clarifies on meeting Ghulam Nabi Azad

New Delhi,  Former Haryana Chief Minister Bhupinder Singh Hooda on Thursday clarified his reason for meeting ex-Congress leader Ghulam Nabi Azad.

Prithviraj Chavan, Anand Sharma and Bhupinder Singh Hooda had on Tuesday met Azad, who has resigned from the party and is set to hold his first public meeting

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