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Business · New DelhiIndia bans some single-use plastics as part of a plan to phase out the material. The country generates around 4 million tons of plastic waste each year. A third of that is not recycled and ends up in waterways and landfills. The ban does not cover many other plastic products, including water bottles and chip packets.See the Story
India bans many single-use plastics to tackle waste
48% Center coverage: 25 sources
BusinessEknath Shinde and his deputy Devendra Fadnavis took the first step towards overturning the previous Uddhav Thackeray-led MVA government's decision of relocating the proposed Mumbai Metro Line 3 car shed from Aarey Colony. The decision had faced opposition from environmental groups as it entailed cutting down hundreds of trees.See the Story
Maharashtra govt to shift metro car shed in Mumbai's Aarey colony
46% Right coverage: 11 sources
Business · New DelhiGST revenue collections in June 2022 was up 56 per cent year-on-year to over Rs 1.44 lakh crore, announced Finance Minister Nirmala Sitharaman on Friday. The revenues for the same month last year was Rs 92,800 crore. The gross GST collection in June is the second highest collection next to the April 2022 collection of £1.68 lakh crore. India is celebrating its fifth anniversary of GST Day on 1 July.See the Story
GST collections up 56 pc to Rs 1.44 lakh crore in June: FM Nirmala Sitharaman
50% Right coverage: 6 sources
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BusinessAt the interbank forex market, the local unit opened at 78.99 against the greenback and fell to an intra-day low of 79.12.See the Story
Rupee gains 12 paise to close at 78.94 against US dollar
67% Left coverage: 3 sources
BusinessDomestic rating agency Crisil on Friday lowered its real GDP growth forecast for India to 7.3 per cent in FY23 from 7.8 per cent estimated earlier. It attributed the downward revision to higher oil prices, slowing of export demand and high inflation. This is in line with the RBI's estimate of 7.2 real GDP Growth for this fiscal year.See the Story
Crisil cuts FY23 GDP growth estimate to 7.3%
75% Right coverage: 4 sources
BusinessMG Motor India on Friday reported a 27 per cent growth in retail sales at 4,503 units in June. The company had clocked retail sales of 3,558 units in the same month last year. Flagship brands, Hector SUV, electric SUV ZS EV continue to witness strong interest amongst buyers.See the Story
Toyota Kirloskar Motor posts 87% growth in June, sells 16,500 cars
67% Right coverage: 3 sources
BusinessIndian equity markets are likely to open gap-down amid unsupportive global cues. Ahead of the session, SGX Nifty Futures quoted 15,715 levels, signaling a cut of over 50-odd points on the NSE Nifty 50See the Story
Reliance, Bharti Airtel, HUL, SBI Card, UPL, Lupin, SAIL, Maruti Suzuki stocks in focus on 1 July 2022
75% Right coverage: 4 sources
Vaccinations · IndiaIndia reported 17,070 Covid cases in a span of 24 hours, a marginal decline from the previous day's count of 18,819. In the same period, the country reported 23 more Covid deaths, taking the nationwide toll to 5,25,139. India's recovery rate stands at 98.55 per cent.See the Story
India Covid Cases News: India reports 17,070 Covid cases and 23 deaths in last 24 hours
100% Right coverage: 1 sources
Business · IndiaKia India Pvt. Ltd. recorded its highest ever monthly sales in June 2022 as dispatches to dealership rose 60% year-on-year to 24,024 units. Indian subsidiary of the South Korean carmaker has crossed the one-lakh sales mark in the first six months of the year, dispatching 1,21,808 units in the domestic market.See the Story
Skoda India sells 6,023 cars in June 2022: Highest-ever monthly sales
Coverage: 2 sources
BusinessShares of Reliance Industries fell 8.65 per cent to Rs 2,369.45 apiece on the BSE. It was the biggest drag among the Sensex firms in morning trade. The BSE benchmark Sensex was trading 551.93 points lower at 52,467.01.See the Story
Reliance Industries stock tumbles nearly 9% on ‘export tax’
100% Right coverage: 1 sources
Business · IndiaIndia's power consumption grew by 17.2% over the year ago to 134.12 billion units in June. The peak power demand, or highest supply in a day, hit an all-time high of 209.80 gigawatts on June 8. The June 2022 figures are the highest for the month in at least three years.See the Story
India's power consumption grows 17.2% to 134.13 billion units in June
100% Right coverage: 1 sources
