In Other News
Total tax on petrol down to 50 pc, diesel to 40 pc after duty cuts
The retail price of petrol and diesel is decided after adding central excise, commission paid to dealers and VAT to basic oil prices
Banks increasingly outsourcing ATMs
SBI, Bank of Baroda and Bank of India have, in the last 18 months, issued a request for proposal (RFP) for over 20,000 brown label ATMs
Technical textile usage made mandatory for govt depts
In January 2019, for the first time, India issued 207 HSN codes for technical textiles and in less than 2 years, it became a net exporter
Centre cuts excise duty on petrol by Rs 5, diesel by Rs 10 on Diwali eve
Finance Ministry urged the states 'to commensurately reduce' VAT on petrol and diesel to give relief to consumers
Gaming time up by 45% during pandemic
Monthly game downloads have increased by 50 per cent in the past one year
Recovery gets festive boost
The GST revenues for Oct. is the second highest ever since its introduction, second only to that in April 2021
Sabyasachi withdraws Mangalsutra campaign advertisement amid controversy
The withdrawal also came hours after MP Minister Narottam Mishra issued an ultimatum to Sabyasachi Mukherjee to withdraw the advertisement
Incremental hiring up in travel, hospitality
Revival in domestic travel to tourist spots has seen hiring of housekeeping staff, travel consultants, tour guides, visa consultants
New rules to shield honest bank staff
Punitive action needs to be taken against the officers having malafide intent/involvement
Petrol, diesel prices hiked for 4th straight day; petrol crosses Rs 120 mark in MP
Prices differ from state to state, depending on the incidence of local taxes and cost of transportation