The 46th GST Council meeting will be held on December 31 in Delhi, an official said, adding that it will be an extension to the pre-budget meeting with state finance ministers on December 30.
Quoting the stress tests on banks, the governor has also warned that gross NPAs may jump to 8.1-9.5 per cent by September 2022 from 6.9 per cent in September 2021.
Reliance now has three verticals -- energy business comprising of oil refineries at Jamnagar in Gujarat, petrochemicals plants and new energy factories, the retail business made up of physical stores and online e-commerce unit in JioMart, and telecom and digital business housed in Jio.
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Seoul and Tokyo ended on a positive note. Stock exchanges in Europe were also largely trading with gains in mid-session deals.
In June, Airtel and TCS had announced a strategic partnership for implementing 5G network solutions for India.
After rebounding over 960 points from the day’s low during the session, the 30-share index settled 295.93 points or 0.52 per cent higher at 57,420.24. Similarly, the Nifty recovered 82.50 points or 0.49 per cent to 17,086.25.
The statement from the RBI comes amid RBL Bank's Vishawvir Ahuja stepping down as MD & CEO of the bank, and the lender appointing Rajeev Ahuja as the interim Managing Director and Chief Executive Officer of the bank with immediate effect.
After a choppy session, the 30-share index ended 190.97 points or 0.33 per cent lower at 57,124.31. Similarly, the NSE Nifty declined 68.85 points or 0.40 per cent to 17,003.75.
The central bank said it observed that the two entities had not complied with the directions issued by the RBI on networth requirement for Bharat Bill Payment Operating Units (BBPOUs).
In a joint statement, the two companies said they have "signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries".
The General Budget is presented by the Finance Minister every year in Parliament on Feb 1.
Recently, the company announced the closure of $283 million series e-funding round from global investors - Abu Dhabi-based ADQ, Tiger Global, Avenir Growth, Feroz Dewan’s Arena Holdings - and strategic investor - Sachin Tendulkar -- Indian cricket legend.
Over the past two months, Zepto has expanded beyond Mumbai by launching in Bengaluru, Delhi, Gurgaon, Chennai, Hyderabad and Pune (Kolkata to follow), the company said in a statement.
According to experts, exploding COVID-19 cases, sustained selling by foreign institutional investors and slowing growth momentum in the developed economies have spooked markets the world over.
Equity benchmark Sensex plummeted over 1,100 points on Monday to end below 56,000.
The government is banking on the listing of LIC IPO and BPCL strategic sales for meeting its disinvestment.
The 30-share index slumped 1,028.61 points or 1.80 per cent to 55,983.13 in the opening trade. Similarly, the Nifty tanked 307.50 points or 1.81 per cent to 16,677.70.
There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official of one of the merchant bankers said.
The stinging remarks were made in the performance audit report of the Comptroller and Auditor General (CAG) of India on "Land Acquisition and Allotment of Properties in NOIDA", tabled in the Uttar Pradesh Assembly on Friday.
According to the regulator, certain contraventions by Amazon arise from a "deliberate design on the part of Amazon to suppress the actual scope and purpose of the combination and the Commission finds no mitigating factor".
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