Industrial Production Regains Momentum, Grows 3.1% In September

India’s industrial production expanded by 3.1 per cent in September, boosted by manufacturing, mining and power sectors, according to official data released on Friday. Factory output had contracted by 0.7 per cent in the preceding month (August 2022). It grew by 2.2 per cent in July this year. Factory output, measured in terms of the […]

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India’s Industrial Output Jumps 3.1% In September Vs 0.8% Fall In August: Official Data

IIP Growth In September: India’s industrial output, as measured by the Index of Industrial Production (IIP), grew 3.1 per cent in September, supported by a double-digit increase in electricity generation. This is compared with a contraction of 0.8 per cent in the previous month and a growth of 4.4 per cent in September 2021. According […]

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Retail Inflation For Industrial Workers Rises To 6.4% In September On Higher Food Prices

The Labour Bureau has been compiling Consumer Price Index for Industrial Workers.(Representational) New Delhi: Retail inflation for industrial workers rose to 6.49 per cent in September from 5.85 per cent in August 2022 mainly due to higher prices of certain food items, according to the government data released on Monday. “Year-on-year inflation for the month (of […]

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IAF to progressively induct C-295 tactical airlifters from next September onwards, with bulk of them to be produced in poll-bound Gujarat | India News

NEW DELHI: In yet another major announcement for poll-bound Gujaratthe Tata-Airbus facility to manufacture C-295 aircraft will come up at Vadodara. The induction of 56 of these new-generation planes in the 2023-2031 timeframe will boost IAF’s tactical airlift capability along the border with China and in the Andaman Nicobar archipelago. The first 16 C-295s will […]

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Retail Inflation Rises To 7.41% In September, Highest Since April

Retail inflation rises to 7.41% in September India’s retail inflation accelerated to 7.41 per cent in September from a year ago on higher food and energy costs, the highest since April and above the upper end of the RBI’s 2-6 per cent tolerance band in each month this year. Data released by the National Statistics […]

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TCS Reports 8.4% Rise In Net Profit To Rs 10,431 Crore In September Quarter

TCS reports 8.4% rise in Q2 profit Tata Consultancy Services Ltd (TCS) kicked off the earnings season on a positive note, reporting a rise of 8.4 per cent in net profit to Rs 10,431 crore in the September quarter from a year ago on the back of strong deal wins. The company’s net profit rose […]

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FPIs turn net sellers again; withdraw Rs 7,600 crore from equities in September

NEW DELHI: After infusing funds in the last two months, foreign investors turned sellers again in September and pulled out over Rs 7,600 crore from the Indian equity markets amid hawkish stance by the US Fed and sharp depreciation in rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) from the Indian equity […]

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Petrol, diesel sales jump in September as festival season approaches

NEW DELHI: Petrol and diesel sales in India jumped in September as economic activity picked up with the nearing festival season and the ending of the monsoon raised the demand, preliminary industry data showed. Petrol sales soared 13.2 per cent to 2.65 million tonnes in September when compared to 2.34 million tonnes of consumption in […]

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At Rs 1.47 lakh crore, GST revenue up 26% in September

NEW DELHI: The gross GST revenue collected in September totalled Rs 1.47 lakh crore, the seventh month in a row in which receipts have been more than Rs 1.4 lakh crore, data released by the finance ministry showed on Saturday. The September revenue was 26% higher than the GST receipts in the same month last […]

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India’s Unemployment Rate Drops To 6.43% In September: Report

The unemployment rate in the rural areas fell to 5.84 per cent in September. Mumbai: India’s unemployment rate has drastically dropped to 6.43 per cent in September due to an increase in labour participation in the rural and urban areas, according to data from the Centre for Monitoring Indian Economy (CMIE). During August, India’s unemployment […]

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India’s unemployment rate drops to 6.43% in September: CMIE

MUMBAI: India’s unemployment rate has drastically dropped to 6.43 per cent in September due to an increase in labour participation in the rural and urban areas, according to data from the Centre for Monitoring Indian Economy (CMIE). During August, India’s unemployment rate surged to a one-year high of 8.3 per cent as employment sequentially fell […]

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Maruti Suzuki Reports Over Two-Fold Increase In Sales At 1,76,306 Units In September

Exports jumped to 21,403 units from 17,565 units in the corresponding month last year. New Delhi: The country’s largest carmaker Maruti Suzuki India on Saturday reported a two-fold increase in total wholesales to 1,76,306 units in September. Hit by a massive shortage of electronic components, the company managed to dispatch 86,380 units in September 2021. […]

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TVS Motor Reports 9% Increase In Total Sales In September

TVS Motor sold a total of 3,47,156 units in September last year. New Delhi: TVS Motor Company on Saturday reported a 9 per cent increase in total sales at 3,79,011 units in September. The company had sold a total of 3,47,156 units in September last year, TVS Motor Company said in a statement. Last month, […]

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Tata Motors Total Domestic Sales Up 44% At 80,633 Units In September

Tata Motors had dispatched 55,988 units to dealers in September 2021. New Delhi: Tata Motors on Saturday said its total domestic sales increased by 44 per cent to 80,633 units in September. The company had dispatched 55,988 units to dealers in September 2021. The Mumbai-based automaker reported an 85 per cent increase in its total […]

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Honda Cars Sales Up 29% To 8,714 Units In September

Honda had dispatched 6,765 units to dealers in September 2021. New Delhi: Honda Cars India on Saturday said its domestic wholesales increased by 29 per cent to 8,714 units in September. The Japanese carmaker had dispatched 6,765 units to dealers in September 2021. The company said its exports stood at 2,333 units last month as […]

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UPI Transactions Up Over 3% at 678 Crore in September

Last Updated: October 01, 2022, 14:31 IST UPI is becoming a preferred mode among users and it is simple to use, fast and a secure payment method. In value terms, 6.78 billion (678 crore) transactions in the last month correspond to transactions worth Rs 11.16 lakh crore UPI transactions grew by over 3 per cent […]

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UPI Transactions Up Over 3% At 678 Crore In September

UPI is becoming a preferred mode among users and it is simple to use and fast. New Delhi: UPI transactions grew by over 3 per cent to 6.78 billion in September from a month ago, data from NPCI showed on Saturday. In August 2020, the total number of Unified Payment Interface (UPI) based digital financial […]

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GST Collections Up 26% To Over Rs 1.47 Lakh Crore In September

New Delhi: GST collections in September rose 26 per cent to over Rs 1.47 lakh crore, the finance ministry said on Saturday. Goods and Services Tax (GST) mop-up has been over Rs 1.40 lakh crore for seven months in a row. The gross GST revenue collected in the month of September 2022 is Rs 1,47,686 crore, […]

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GST Collections In September Up 26% To Rs 1.47 Lakh Crore; 7th Straight Month To Cross Rs 1.4 Lakh Cr

The gross GST revenue collection in September jumped 26 per cent to Rs 1,47,686 crore, according to an official statement. This is the eighth month overall and the seventh month in a row that the monthly GST revenues have been more than the Rs 1.4-lakh-crore mark. “The gross GST revenue collected in the month of […]

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Skoda Auto Wholesales Up 17% In September At 3,543 Units

Skoda had dispatched 3,027 units to dealers in September 2021. New Delhi: Skoda Auto India on Saturday said its sales increased by 17 per cent to 3,543 units in September. The automaker had dispatched 3,027 units to dealers in September 2021. “The Kushaq and Slavia models have been successfully established in the market and drive […]

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