Inflation may fall to 5.2% next fiscal on normal rains: RBI report
"For 2023-24, assuming a normal monsoon, a progressive normalisation of supply chains, and no further exogenous or policy shocks, structural model estimates indicate that inflation will average 5.2%," RBI said in its 'Monetary Policy Report September 2022'.
Petrol, diesel sales jump in September as festival season approaches
Petrol sales soared 13.2 per cent to 2.65 million tonnes in September when compared to 2.34 million tonnes of consumption in the same month last year. Diesel, the most used fuel in the country, posted a handsome 22.6 per cent rise in sales in September to 5.99 million tonnes when compared to the same month last year.
At Rs 1.47 lakh crore, GST revenue up 26% in September
The gross GST revenue collected in September totalled Rs 1.47 lakh crore, the seventh month in a row in which receipts have been more than Rs 1.4 lakh crore, data released by the finance ministry showed on Saturday. The September revenue was 26% higher than the GST receipts in the same month last year.
Vistara starts live TV on board its wide body fleet from October 1
In a first for Indian carriers, Vistara from Saturday (October 1) started streaming live TV on its wide body fleet of Boeing 787 Dreamliners. Passengers flying the full-service carrier will now be able to watch two sports channels and three news channels, said an airline spokesperson. Vistara currently has two Dreamliners in its fleet and a third one will join shortly apart from having more twin aisles on order.