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RBI says 97.76 pc of Rs 2000 currency notes returned

By TP News Date 5/3/2024 11:00:08 AM

The Reserve Bank of India (RBI) on Thursday said 97.76 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,961 crore worth of the withdrawn notes are still with the public.

On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circ...read more

Business

GST collection breaches Rs 2 lakh cr-milestone; at Rs 2.10 lakh crore in April

By TP News Date 5/1/2024 1:21:39 PM

The country's gross GST collections hit a record high of Rs 2.10 lakh crore in April, growing 12.4 per cent year on year driven by a strong increase in domestic transactions and imports.

GST collections breach landmark milestone of Rs 2 lakh crore, the finance ministry said in a statement.

Business

Prices of commercial LPG cylinders slashed by Rs 19

By TP News Date 5/1/2024 12:46:02 PM

Effective May 1, oil marketing companies (OMCs) have initiated a reduction in the prices of commercial LPG gas cylinders.

With this, Delhi retail sales price of 19kg commercial LPG cylinder stood at Rs 1,745.50. This follows similar reductions in other metro cities across India.

Business

AstraZeneca makes big U-Turn, admits Covishield can cause rare side effects

By TP News Date 4/30/2024 4:07:46 PM

British pharma giant AstraZeneca has admitted that its Covid vaccine can cause rare side effects, The Telegraph (UK) has reported. Covishield can cause, in rare cases, a condition that leads to blood clots and low platelet count, the vaccine-maker has said in court documents.

Covishield, developed by AstraZeneca and Oxford University during the pandemic, was produced by the Serum Institute of India an...read more

Business

Hyundai Motor Group to make India a global export hub: Says the chief

By TP News Date 4/25/2024 12:20:21 PM

Hyundai Motor Group's chief visited India recently and laid out a vision to bolster its operations there to utilise the country as a key export hub for the South Korean automaker. The news surfaced on Thursday when the chief officially declared the plan.

He furthe...read more

Business

India develops lightest bulletproof jacket against highest threat level

By TP News Date 4/24/2024 10:02:55 AM

A unit of Defence Research and Development Organisation (DRDO) has successfully developed the lightest bulletproof jacket in the country designed to withstand the highest threat level, known as Level 6, officials said on Tuesday.

The jacket, according to a DRDO of...read more