Finlight

2022-09-02 05:02:05 TOP NEWS OF THE DAY:



1. GST collections above Rs 1.4 trillion for sixth consecutive month



2. IT firms increase scrutiny of employees amid moonlighting trend: Report



3. UPI processes over 6.5 billion transactions in August worth Rs 10.72 trn



4. Moody's slashes India's economic growth forecast to 7.7% for 2022



5. India's services exports increased by 20.2% in July, slightly lower than June



6. India's unemployment rate increased to a one-year high of 8.3 per cent in August as employment sequentially fell by 2 million to 394.6 million, the Centre for Monitoring Indian Economy (CMIE) data said.



7. SBI trims GDP growth forecast to 6.8% for FY23



8. WhatsApp bans over 23.8 lakh Indian accounts in July, highest in current fiscal



9. Adani Enterprises to enter Nifty 50 index will replace Shree Cement in the most tracked stocks gauge in India on September 30



10. Telcos, phone makers in discussion for affordable rollout of 5G: Report Open / Comment

2022-09-01 05:21:27 TOP NEWS OF THE DAY



1. India's Q1FY23 GDP grows 13.5%, fastest in a year: Govt data



2. The output of eight core infrastructure sectors contracted to six-month low of 4.5 per cent in July against 9.9 per cent in the year-ago period shows data



3. India's April-July fiscal deficit at Rs 3.41 trn, 20.5% of FY23 target



4. Indian economy to grow over 7% in FY23, says finance secretary



5. FPIs pumped in over Rs 51,000 crore ($6.4 billion) in August, the most since December 2020 and the third-highest tally since March 2020 shows data



6. Udaan, Jiomart led India's B2B e-commerce market to reach $100 bn by 2030



7. The Reserve Bank of India on 31 August said that the India Inc's foreign direct investment in July declined over 50 per cent to $1.11 billion in July 2022. Open / Comment

2022-08-31 05:19:54 TOP NEWS OF THE DAY:



1. Investors richer by Rs 5.68 trn as stock markets rally over 2.5%



2. India will not miss estimated 11.1% FY23 nominal GDP growth: Bibek Debroy(Economic Advisory Council to the Prime Minister)



3. Public sector contributes 20% to national income, 40% of total wages



4. 45 data centres spanning around 13 million sq ft to come up by 2025



5. India can become an upper-middle-income country by 2047: Bibek Debroy



6. Credit card spends touch all-time high of Rs 1.16 trillion in July



7. Reserve Bank can hike repo rate to 6% by December, say economists



8. Electric vehicles on Indian roads to touch 50 mn-mark by 2030: KPMG



9. ONDC to soon open up for beta-testing for public in limited areas



10. Zomato launches 'intercity legends', now order from anywhere in India Open / Comment

2022-08-30 05:19:04 TOP NEWS OF THE DAY:



1. No plans to ban sale of Chinese smartphones priced under Rs 12,000: MoS IT



2. Reliance to develop new smartphone with Google in $25-bn 5G push



3. RIL's initial bid for Metro Cash & Carry India at Rs 5,600 crore: Report



4. Meta partners with Reliance Jiomart to offer grocery shopping on WhatsApp



5. Stop charging platform fee on BBPS(Bharat Bill Payment System) payments: NPCI directs payment apps



6. Investors wealth plummets by over ₹2.39 lakh cr as Sensex crashes over 850 points



7. Floods, droughts, storms can cost global economy $5.6 trillion by 2050: Report Open / Comment

2022-08-29 05:35:23 TOP NEWS OF THE DAY:



1. FPIs invest Rs 49,250 cr in August so far on strong corporate earnings



2. Over half of Bitcoin's daily trading volume fake globally: Report



3. Mcap of seven of top-10 valued firms tumbles over Rs 1.54 trilion



4. Ransomware cyber attacks spike to over 1.2 mn per month in H12022



5. India has decided to be self-reliant in energy sector in next 25 yrs: PM



6. Diesel export falls 11%, petrol 4.5% in July on levy of windfall profit tax



7. PMJDY accounts hit 462.5 mn in eight yrs, deposits reach Rs 1.73 trillion



8. Forex reserves fall $6.7 bn to $564 bn in 7 days, at 2-yr low: RBI




9. As many as 386 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.7 trillion, as per a report




10. Bank credit grew by 15.32 per cent to Rs 124.305 lakh crore and deposits by 8.84 per cent to Rs 169.49 lakh crore in the fortnight ended August 12, the RBI data showed Open / Comment

2022-08-27 05:48:12 TOP NEWS OF THE DAY:



1. Indian companies changing rules to call employees back to office



2. IT firms cut staff bonuses as US, European clients tighten budgets



3. 2050 net-zero target can boost India's GDP by 7.3% till 2032, says report



4. EPFO adds over a million new subscribers in June for 3rd month in a row



5. The number of active personal loans increased from 3.5 crore as of March 2020 to 4 crore by March 2021, and to 6 crore by March 2022: Reports



6. WHO pledges to provide $4 mn worth of medical supplies to Sri Lanka



7. Saudi Arabia announces investment of $1 bn in cash-strapped Pakistan



8. India's GDP will grow at 7.4% in FY 2022-23, says Nirmala Sitharaman



9. Listed private non-finance companies log 41% sales growth in Q1FY23: RBI



10. Govt asks Byju's to explain delay in filing audited financial accounts Open / Comment

2022-08-26 06:58:47 TOP NEWS OF THE DAY:



1. India hiring not impacted by high global inflation, new jobs up 29%: Report



2. ESIC-run social security scheme adds 1.5 mn new members in June: Data



3. India has ample forex to withstand pressure on creditworthiness: S&P



4. Over 70% unorganised workers registered in year since e-Shram portal launch



5. India set to have 180k km highways, 120k km rail lines by 2025: Report



6. Bank credit growth accelerates to 14.2% in June quarter: RBI data



7. Banks took a haircut of 69 per cent while resolving IBC cases: Report



8. Govt appoints former CEA K Subramanian as Executive Director for India at IMF



9. India poised to become next global SaaS capital: Report



10. Indian economy likely to grow at 16% in first quarter of FY 22-23: Report Open / Comment

2022-08-25 05:44:55 TOP NEWS OF THE DAY:



1. Adani Green's 2,021% debt-equity ratio is second-worst in Asia: Report



2. 86% Indians hope to access most govt services online in 5 yrs: Deloitte



3. Govt considers selling at least 51% of state-backed IDBI Bank: Report



4. India application software spending to reach $4.7 bn in 2022: Gartner



5. Uber created economic value of ₹44,600 crore for India in 2021: Report



6. Startups increasingly raising venture debt as investors fear funding winter



7. Russia mulls up to 30% oil discounts for some Asian buyers: Report



8. States' revenue growth to slide to 9% despite robust GST collections: Study



9. IMF team to hold talks with Sri Lanka on restructuring $29 billion debt



10. India to incentivize rupee-settled exports to boost Russia trade: Report Open / Comment

2022-08-23 06:32:53 TOP NEWS OF THE DAY:



1. Market slide wipes out over ₹6.57 lakh crore of investor wealth in 2 days



2. China plans $29 bn in special loans to troubled developers: Report



3. Retail inflation likely to ease below 6% by March quarter, say analysts



4. Google tracks highest private data of its users: Report



5. Indians spend 30 mins a day consuming memes; duration up by 80%: Study



6. 5G smartphone searches up two times on Flipkart in first half of 2022



7. NFT transactions to reach 40 mn globally in 5 yrs amid scam threats



8. MeitY pushes Chinese firms to participate in smartphone exports from India



9. The government on Monday introduced new set of rules for domestic entities, including companies and large family offices and start-ups, opting for overseas direct investment route (ODI), which could impact their acquisition decisions in a big way.



10. Russia detains IS suicide bomber plotting terrorist attack in India: Report Open / Comment

2022-08-22 09:57:22 Channel photo updated Open / Comment