Business news India: Latest India business news headlines today 2 March 2022

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Here’s today business news, the latest business news India today 2 March 2022.

  • India exports volume during February reaches $34 billion and the GOI aims to top $400 billion export target for the current FY.
  • The GST collection for February 2022 dipped to Rs 1.3 lakh crore in comparison to Rs 1.4 crore lakh crore lat month.
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  • As per the Wealth Report 2022, Mumbai is home to 1596 ultra-high net worth individuals in the country, followed by Hyderabad with 467 UHNWIs.

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  • The retail arm of Reliance Group, Reliance Retail Ventures Ltd., has invested in Abraham & Thakore luxury fashion house for an undisclosed stake in an undisclosed amount.
  • Truecaller has inked a pact with Tanla Platforms for enabling Indian businesses to deliver messages with rich content.
  • The total vehicle sales of Honda Motorcycle and Scooter India has declined by 29% and stood at 3,12,621 units in February’22 as compared to the sales of 4,42,696 units during the same period.
  • The interest rates on various fixed deposits with varying maturities has been increased by 25 basis points by Canara Bank w.e.f March 01,2022.

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  • Avaada Energy to raise green bonds, certified by Climate Bonds Standard Board, worth Rs 1,440 crore at 6.75% in the Indian capital market.
  • Kotak Special Situation Funds has announced to invest up to Rs 450 crore in Gold Plus Glass Industry Ltd.
  • 64.3 million tonnes of coal has been produced by Coal India Ltd in February marking a growth of 4% in comparison to 61.9 million tonnes produced in the corresponding month last year.
  • Central Depository Services (India) Ltd has become the only listed depository in India with opening up of 6 crore active demat accounts.

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