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Indian economy picks up pace with GST collection of Rs 1.16 lakh crore in July

Indian economy picks up pace with GST collection of Rs 1.16 lakh crore in July

The Goods and Service Tax (GST) collections for the month of July 2021 registered an increase of 33 percent compared to the collections of Rs 87,422 crore in the month of July in 2020.

The numbers indicated the economic activity picking up in the last month with states gradually easing lockdowns after the second wave of the coronavirus pandemic.

Australian cricket great Shane Warne tests positive for coronavirus

Australian cricket great Shane Warne tests positive for coronavirus

Cricket great Shane Warne was absent from London Spirit's clash with Southern Brave in The Hundred competition after testing positive for COVID-19.

The 51-year-old former Australia spinner is the head coach of London Spirit men's team for the Lord's-based franchise.

Pfizer, Moderna raise prices for Covid-19 vaccines in European Union

Pfizer, Moderna raise prices for Covid-19 vaccines in European Union

Pfizer Inc and Moderna Inc have raised the prices of their Covid-19 vaccines in their latest European Union supply contracts, the Financial Times reported on Sunday.

The new price for the Pfizer shot was 19.50 euros ($23.15) against 15.50 euros previously, the newspaper said, citing portions of the contracts seen.

India reports 40,134 new Covid-19 case, 422 deaths from disease overnight

India reports 40,134 new Covid-19 case, 422 deaths from disease overnight

India registered 40,134 fresh COVID-19 infections, pushing its virus tally to 3,16,95,958, while the number of active cases registered an increase for the sixth consecutive day, according to the Union Health Ministry data updated on Monday.

The death toll from the pandemic climbed to 4,24,773 with 422 daily fatalities.

Gold price today at Rs 47,380 per 10 gm, silver trending at Rs 67,900 a kg

Gold price today at Rs 47,380 per 10 gm, silver trending at Rs 67,900 a kg

The price of 10 gm of 22-carat gold went up on Monday to trade at Rs 47,380. Silver was selling at Rs 67,900 per kg, according to the website Good Returns.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

Ind Swift Labs tanks 16% on selling API business to PI Industries

Ind Swift Labs tanks 16% on selling API business to PI Industries

Shares of Ind Swift Laboratories slipped 16 per cent to Rs 95 on the BSE in intra-day trade on Monday after the company announced slump sale of the Active Pharmaceuticals Ingredients (API) business division on a going concern basis to PI Industries at an agreed enterprise value of Rs 1,530 crore.

As of March 31, 2021, the turnover/revenue of the API business division was at Rs 856.58 crore, which constituted 100 per cent of the company's consolidated turnover/revenue for the full financial year. The net worth of the API business division was Rs 298.99 crore as of March 31, 2021.

IRCTC surges 7%, hits fresh record high as board to consider stock split

IRCTC surges 7%, hits fresh record high as board to consider stock split

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) hit a new high of Rs 2,490 on the BSE as they rallied 7 per cent in the intra-day trade on Monday after the company announced stock split plan. The stock surpassed its previous high of Rs 2,479.45, touched on July 20, 2021.

The board of directors of the Company is scheduled to meet on August 12, 2021 to recommend the proposal for sub-division of Company's equity shares of face value of Rs 10 each and matters related thereto, subject to the approval of Ministry of Railways, Government of lndia and shareholders, IRCTC said in an exchange filing on Friday, post market hours.

Edtech startup Unacademy gets $440 mn funding, valuation crosses $3.44 bn

Edtech startup Unacademy gets $440 mn funding, valuation crosses $3.44 bn

Edtech startup Unacademy said Monday it has raised $440 million in a funding round led by Temasek and General Atlantic, Tiger Global, and Softbank Vision Fund pitching in as other participants.

The latest fundraise takes the valuation of Unacademy Group to $3.44 billion. This is up from $2 billion valuation in November last year.

Bajaj Auto July sales jump 44 pc in July, exports more than double

Bajaj Auto July sales jump 44 pc in July, exports more than double

Bajaj Auto on Monday reported 44 per cent jump in its total sales at 3,69,116 units in July 2021.

The company had sold 2,55,832 units in the same month a year ago.

Domestic sales in July this year were at 1,67,273 units as against 1,58,976 units, up 5 per cent, Bajaj Auto said in a regulatory filing.

Will Uttar Pradesh take 3 years to vaccinate all its citizens against COVID-19? Centre issues clarification

Will Uttar Pradesh take 3 years to vaccinate all its citizens against COVID-19? Centre issues clarification

After constant questions regarding Uttar Pradesh's, India's most populous state, vaccination drive, the Centre commented on the same on Friday. The Centre was clarifying regarding media reports that claimed that it will take three years for Uttar Pradesh to fully vaccinate its population against COVID-19.

Issuing a clarification, the Ministry of Health and Family Welfare called the news report 'misleading'. The ministry said that the report uses the average daily vaccination rate from the beginning of the vaccination drive to show a low rate which is not accurate.

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