Here’s today business news, the latest business news India today 1 January 2022.
- Around six- academia driven task forces have been setup by the Department of Telecommunications under the Technology Innovation Group for the development of sixth-generation technology.
- As per the RBI directive issued in June, the use of ATMs beyond the permissible free cash and non-transactions transactions will cost Rs 21 per transaction w.e.f January 01, 2022.
- The Energy Minister has informed that Sri Lanka has agreed to sign a new deal with India for leasing out 14 tanks in strategic World War ll era oil tank farm, Trincomaleefor the next 50 years.
- Aditya Birla Health Insurance Co. Ltd has reportedly recorded a 39% increase in the Gross Written Premium in the first half of the current FY from Rs 550 crore in last year to Rs Rs 764 crore.
- The GST Council has decided to defer the hike in GST rates on textiles from 5% to 12%.
- Reliance New Energy Solar Ltd has acquired a 100% stake in Faradion, a sodium-ion battery firm, for a total value of GBP 94.42 million.
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- According to the data recently released, the output of eight core sectors grew by 3.1% in November 2021 as compared to a contraction of 1.1% in the same month last year.
- The Reserve Bank of India has informed that the current account of India has slipped into a deficit of $9.6 billion or 13% of GDP in the September quarter due to the widening of trade deficit and increase in net outgo of investment income.
- Total Penalties worth Rs 1.1 crore have been imposed by SEBI on 22 entities, including individuals, for engagement in non-genuine trades in illiquid stock options at BSE.
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- Tech Mahindra to acquire 100% stake in Allyis India and Green Investments for total consideration up to $125 million.
- The Competition Commission of India is reported to have ordered a probe against the unfair practices being practiced at a technology major, Apple.
- The GOI has informed that no proposal has been made to extend the deadline for filing of ITR beyond December 31, 2021.
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