New Delhi, Dec 31 (PTI) Following are the top business stories at 2040 hours: DEL88 BIZ-3RDLD GST-TEXTILE GST hike on textiles put on hold; GoM to recommend rate by Feb New Delhi: Heeding to demands made by several states, the GST Council on Friday put on hold a decision to hike the tax rate on textiles to 12 per cent and referred to a panel of state ministers to recommend rate by February, Union Finance Minister Nirmala Sitharaman said.
DEL77 BIZ-FM-LD RAIDS It’s not BJP money: FM on Rs 200 cr seized from perfume maker in Kannauj New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said the nearly Rs 200 crore cash recovered in tax searches on perfume maker Peeyush Jain in UP’s Kannauj district is not BJP money, and that the raid was at the correct address and not by an outcome of knocking at wrong doors.
DEL81 BIZ-LD IT-RETURNS No extension of ITR filing deadline; over 5.62 cr returns for FY21 filed so far New Delhi: The government on Friday ruled out extending the deadline for filing of ITRs, saying there were no problems faced by taxpayers in filing returns as the total number of returns filed so far is 14 per cent higher than last year’s.
DEL69 BIZ-LD STOCKS 2021 full of milestones for market: Sensex, Nifty rally up to 24 pc Mumbai: Indian equity market ended the year 2021 on a high note on Friday, with the BSE benchmark Sensex rising over 450 points and the NSE Nifty advancing over 150 points on account of widespread buying across sectors.
DEL74 BIZ-LD-RUPEE Rupee closes 2021 at 74.29, declines by 1.67 pc in year Mumbai: The rupee rose by 13 paise to close at 74.29 against the US dollar on the last trading session of 2021, tracking positive domestic equities amid year-end dollar selling by banks and exporters.
DEL67 BIZ-FISCAL DEFICIT Centre’s fiscal deficit touches 46.2 pc of annual target till Nov-end New Delhi: The central government’s fiscal deficit at the end of November worked out to be 46.2 per cent of the annual budget target for the financial year 2021-22 due to an improvement in the revenue collection, according to official data released on Friday.
DEL79 BIZ-STOCKS WEALTH Equities present memorable parting gift in 2021; investors turn wealthier by nearly Rs 78 lakh cr New Delhi: Equity investors reaped handsome rewards in 2021 as their wealth grew nearly Rs 78 lakh crore by dint of impressive market rallies despite pandemic shocks.
DEL60 BIZ-GOLD-PRICE Gold gains Rs 144; silver jumps Rs 664 New Delhi: Gold price in the national capital on Friday gained Rs 144 to Rs 46,874 per 10 gram in line with strong international precious metal prices, according to HDFC Securities.
DEL39 BIZ-LD SII-COVISHIELD SII applies to Indian authorities for full market authorisation of Covishield New Delhi: Serum Institute of India (SII) CEO Adar Poonawala on Friday said the vaccines major has applied to Indian authorities for full market authorisation of Covishield, stating supplies of the COVID-19 vaccine have exceeded 125 crore doses.
DEL92 BIZ-LD-CAD India’s current account slips into deficit in Q2, CAD now at 1.3 pc of GDP Mumbai: India’s current account slipped into a deficit of USD 9.6 billion or 1.3 per cent of GDP in the September quarter, the Reserve Bank said on Friday.
DEL80 BIZ-FOREX-RESERVES Forex reserves decrease by USD 587 mln to USD 635.08 bn Mumbai: India’s forex reserves decreased by USD 587 million to USD 635.08 billion for the week ended December 24, the RBI said on Friday.
DCM12 BIZ-GOOGLE-CONTENT Removed 61,114 content pieces in Nov in India: Google compliance report New Delhi: Google received 26,087 complaints from users and removed 61,114 pieces of content based on those complaints in November, the tech giant said in its monthly transparency report.
DCM6 BIZ-TECH MAHINDRA-ACQUISITION Tech Mahindra to acquire 100% stake in Allyis India, Green Investments New Delhi: Tech Mahindra on Friday said it has approved a proposal for the acquisition of a 100 per cent stake in Allyis India and Green Investments, for a total consideration of up to USD 125 million. PTI RUJ RUJ
