Second Covid wave hammers India’s fuel demand in April

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USTR continues to place India in IPR Priority Watch List

India remained one of the most challenging economies for IP enforcement and protection and the country’s overall IP enforcement was inadequate, it said, while adding that while the country’s enforcement of IP in the online sphere has gradually improved, a lack of concrete benefits for innovators and creators persists, which continues to undermine their efforts.

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GST collection for April of Rs 1,41,384 crore sets new record

Out of the total amount collected, CGST stood at Rs 27,837 crore, SGST at Rs. 35,621, IGST at Rs 68,481 crore (including Rs. 29,599 crore collected on import of goods) and Cess at Rs. 9,445 crore (including Rs. 981 crore collected on import of goods).

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Govt extends timelines for tax compliance, ITR for FY20 can be filed till May 31

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Qualcomm pledges Rs 30 crore to help India fight Covid

Chip-maker Qualcomm on Saturday pledged $4 million (over Rs 29.7 crore) to help India fight the deadly second Covid wave that has shattered its health-care system to its core.

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SBI cuts home loan interest rate to 6.7%

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Non-food credit grows 4.9% in March 2021: RBI

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India's power consumption grows 41% in April

Power consumption in the country grew 41 per cent in April 2021 to 119.27 billion units (BU) over the same month last year, showing robust recovery in industrial and commercial demand of electricity, according to power ministry data.

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Jet fuel price up 6.7%; petrol, diesel price hike coming soon

Jet fuel price on Saturday was hiked by steep 6.7 per cent, reversing price cuts of last month, while an increase in petrol and diesel prices may be on the anvil as international prices firmed up. Aviation turbine fuel (ATF) price was increased by Rs 3,885 per kilolitre (kl), or 6.7 per cent, to Rs 61,690.28 per kl in the national capital, according to a price notification of state-owned fuel retailers.

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