Business

May 5, 2022 8:08 AM

RBI hikes repo rate by 40 basis points to 4.40 per cent

Reserve Bank of India has hiked the repo rate by 40 basis points, taking it to 4.40 per cent. RBI Governor Shaktikanta Das said Monetary Policy Committee at its meeting decided to increase the policy repo rate under the Liquidity Adjustment Facility by 40 basis points to 4.40 per cent with immediate...

May 4, 2022 8:13 PM

LIC IPO worth Rs 21,000 crore opens for public subscription today

The Initial Public Offering, IPO of Life Insurance Corporation of India (LIC) has opened for public subscription from today. It will remain open for subscription till 9th of May. LIC IPO is the biggest public offering in the country. AIR correspondent reports that the allotment of shares to the Dema...

May 2, 2022 2:18 PM

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LIC launches IPO for anchor investors from today

Life Insurance Corporation, LIC, today launched its much-awaited initial public offering, IPO, for anchor investors. It will be open to general public from Wednesday to 9th of this month. LIC, the country's largest life insurer, is selling over 22.13 crore shares between 902 and 949 rupees ...

May 2, 2022 7:47 AM

GST revenue collection hits record Rs 1.68 lakh crore in April

The Gross Goods and Services Tax, GST revenue collection has touched an all-time high of around 1.68 lakh crore rupees in April 2022. The total GST collection in April was one lakh 67 thousand 540 crore rupees.  The  GST collection in April this year is  25 thousand crore rupees more than the next h...

May 1, 2022 8:21 PM

May 1, 2022 8:19 PM

Gross GST revenue collection hits record Rs 1.68 lakh crore in April, 2022

The Gross Goods and Services Tax, GST revenue collection has touched an all-time high of around 1.68 lakh crore rupees in April 2022. The total GST collection in April was one lakh 67 thousand 540 crore rupees. The GST collection in April this year is  25 thousand crore rupees more than the next hig...

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