GST mop-up rises 10%, but higher refunds cap net kitty

GST mop-up rises 10%, but higher refunds cap net kitty

[ad_1] NEW DELHI: GST collections rose 10% to almost Rs 1.75 lakh crore on a gross basis, but higher refunds slowed down the net expansion of the kitty, latest data released on Sunday showed.While central GST collections were estimated to be 8.9% higher at Rs 30,862 crore in Aug (based on transactions in July), state…

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Personal loans grow 14% driven by cards & gold | Mumbai News

Personal loans grow 14% driven by cards & gold | Mumbai News

[ad_1] MUMBAI: Credit card dues have emerged as the fastest-growing segment among sectors that account for over 1% of total bank loans as of July end. Outstanding credit card balances grew 22% year-on-year to nearly Rs 2.8 lakh crore. The fastest growing segment in personal loans was, however, loans against gold jewellery, which represented 0.8%…

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US Open: Alexander Zverev sets up Taylor Fritz rematch

US Open: Alexander Zverev sets up Taylor Fritz rematch

[ad_1] NEW DELHI: Alexander Zverev, the former runner-up, advanced to the US Open quarterfinals for the fourth time on Sunday, to set up his intense Wimbledon matchup with Taylor Fritz in New York.Zverev, a fourth seed from Germany, won 3-6, 6-1, 6-2, 6-2 against American Brandon Nakashima to achieve his 450th career victory, as per…

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New-age brands wooing Gen Zs bag VC funding

New-age brands wooing Gen Zs bag VC funding

[ad_1] MUMBAI: India’s new-age consumer brands are piquing the interest of venture capital investors. The brands – which have mushroomed over the past few years and most of which are less than 10 years old – have been able to tap into evolving consumer demands and identify gaps in the market, something traditional companies may…

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Car sales sluggish, top companies reduce dealer dispatches

Car sales sluggish, top companies reduce dealer dispatches

[ad_1] NEW DELHI: Top car companies Maruti Suzuki, Hyundai and Tata Motors continued to reduce wholesale deliveries to dealerships as consumer demand remains relatively low compared to last year, leading to inventory build-up over the past few months. The move comes even as the industry prepares to enter the festive period with the auspicious Ganesh…

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