TOP NEWS OF THE DAY: 1. Net direct tax mop-up rises 45% to o | Finlight

TOP NEWS OF THE DAY:


1. Net direct tax mop-up rises 45% to over Rs 3.39 trillion till mid-Jun it includes Corporation Tax (CIT) at over Rs 1.70 lakh crore and Personal Income Tax (PIT), including Security Transaction Tax (STT), at over Rs 1.67 lakh crore.


2. Reliance considers buying out cosmetic firm Revlon in the US: Report


3. RBI not behind curve, focus on inflation target would be risky: Das


4. At Rs 42,679 crore, advance tax collection was up 48% in the April-June quarter


5. EV prices to tally with petrol vehicles' cost within a year: Nitin Gadkari


6. Reserve Bank of India turns net buyer of dollars in April, according to the latest data, the RBI purchased $1.96 billion in April.


7. Reliance Retail, Jio IPO unlikely to be announced in RIL AGM: JPMorgan


8. Indian funds in Swiss banks grow 50 percent to Rs 30,000 crore: Reports


9. India likely to impose a ceiling on next season's sugar exports aiming to ensure ample domestic supplies and keep a lid on local prices: Report


10. Sri Lanka in talks to amend terms of $1.5-billion China deal: Report


11. Pakistan's government steeply hikes fuel prices to secure IMF funding


12. Banks' gross NPA dropped below 6% in March 2022, the lowest in six years shows data.