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This week business news
1. India had many successful IPO in this financial year including Zomato, Barbeque Nation, Easy trip planners and Kalyan jewelers.
2. Nobel price winning economist Michael Spence says that Mobile internet in India is enabling inclusive growth and opening up new markets.
3. As per Ministry of State Finance . Minister Pankaj Chaudhary informed parliament that India has fourth largest foreign exchange reserves in the world.
4. As of SEP 2021 Rs.52,000 crore of GST compensation was due to states which included Maharashtra 5441 Crores and Tamilnadu 4943 crores.
1. India had many successful IPO in this financial year including Zomato, Barbeque Nation, Easy trip planners and Kalyan jewelers.
2. Nobel price winning economist Michael Spence says that Mobile internet in India is enabling inclusive growth and opening up new markets.
3. As per Ministry of State Finance . Minister Pankaj Chaudhary informed parliament that India has fourth largest foreign exchange reserves in the world.
4. As of SEP 2021 Rs.52,000 crore of GST compensation was due to states which included Maharashtra 5441 Crores and Tamilnadu 4943 crores.
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Hello everyone . Economics news for Dec 12 2021
1. Flipkart group had 60% market share in Diwali festival sales.
Can you all find out what is the total sales they could have made during Diwali? Research and find out.
2.Government of India tax collection has improved by 30% to pre pandemic levels which means economy is growing in right direction. This is driven by Digitisation of economy and growth in sectors like technology, pharmaceutical and FMCG(fast moving consumer goods)
3. What are renewables? Read about them like Solar energy, wind energy , hybrid power. These new energy solutions are creating new opportunities for business, employment and revenue.
1. Flipkart group had 60% market share in Diwali festival sales.
Can you all find out what is the total sales they could have made during Diwali? Research and find out.
2.Government of India tax collection has improved by 30% to pre pandemic levels which means economy is growing in right direction. This is driven by Digitisation of economy and growth in sectors like technology, pharmaceutical and FMCG(fast moving consumer goods)
3. What are renewables? Read about them like Solar energy, wind energy , hybrid power. These new energy solutions are creating new opportunities for business, employment and revenue.
Which is India’s top company in Market capitalization?
Anonymous Quiz
14%
ITC
69%
Reliance
9%
State Bank of India
8%
Infosys
Business and Commercial News pinned «Which is India’s top company in Market capitalization?»
Shri Piyush Goyal is the Minister of (select all that apply)
Anonymous Quiz
17%
Ministry of Jal Shakti
50%
Ministry of Commerce and Industry
28%
Ministry of Finance
5%
Ministry of Law and Justice
Business and Commercial News pinned «Shri Piyush Goyal is the Minister of (select all that apply)»
Good evening in another business and economic news update
Dec 14 2021
1. TCS (Tata consultancy services) revenue from BFSI vertical (Banking, Financial,Services and Insurance) is likely to touch $10b (billion) by the end of current financial year 2021-22.
2. As inflation rises, RBI may be forced to raise interest rate in the near future. WPI(wholesale price index) inflation surged to 14.23% recently.
Learn about concept of inflation and understand India’s inflation rate over past 3 years.
3. GAIL(Gas authority of India limited) plans to import India’s first and largest ELECTROLYSER for producing green hydrogen within a year.
Learn about what is electrolyser and why Green hydrogen will help india?
See you all in next edition
Encourage more of ur friends who are interested to learn daily business and economic news to join this channel.
Dec 14 2021
1. TCS (Tata consultancy services) revenue from BFSI vertical (Banking, Financial,Services and Insurance) is likely to touch $10b (billion) by the end of current financial year 2021-22.
2. As inflation rises, RBI may be forced to raise interest rate in the near future. WPI(wholesale price index) inflation surged to 14.23% recently.
Learn about concept of inflation and understand India’s inflation rate over past 3 years.
3. GAIL(Gas authority of India limited) plans to import India’s first and largest ELECTROLYSER for producing green hydrogen within a year.
Learn about what is electrolyser and why Green hydrogen will help india?
See you all in next edition
Encourage more of ur friends who are interested to learn daily business and economic news to join this channel.
What is the total GST collection during the month of November 2021?
Anonymous Quiz
23%
Rs. 0.75 lakh crore
48%
Rs. 2.00lakh crore
29%
Rs.1.30 lakh crore
If Reserve Bank of India wants to increase Cash Reserves (CRR) in commercial banks, which among the following would be the most likely step taken by reserve bank?
Anonymous Quiz
21%
Buy bonds in the market
13%
Prohibit transactions that involve bills of exchange
23%
Release gold from its reserves
43%
Increase reserves with IMF (International Monetary Fund)
Learn about Cash Reserve Ratio and Statutory liquid Ratio. It is important to know the difference and how RBI uses it effectively.
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