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Yesterday’s big news was related to GST collection figures. The central government has stopped releasing GST data. After the implementation of GST, the government used to release its data on the first of every month. This was being done for 74 months.
The second news was related to Godrej. Adi-Nadir Godrej Group announced the purchase of 12.65% stake in Godrej Industries through a block deal from RKN Enterprises under the family settlement.
At the same time, a slight decline was seen in the prices of gold yesterday. According to the website of India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold fell by Rs 16 to Rs 71,858.
Before tomorrow’s big news, today’s major events to keep an eye on…
- There is a possibility of a decline in the stock market today (Wednesday).
- The increased rates of Jio and Airtel are coming into effect from today.
- The IPO of Emcure Pharmaceuticals will open.
- IPO of Bansal Wire Industries will open.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. Government stopped releasing GST data: Used to release on 1st of every month, collected ₹1.74 lakh crore in June
The central government has stopped releasing GST data. After the implementation of GST, the government used to release its data on the first of every month. This was being done for 74 months. No reason has been given by the Center for stopping releasing monthly data.
The government implemented GST across the country on July 1, 2017. After this, 17 taxes and 13 cesses of the Central and State Governments were removed. On completion of 7 years of GST, the Finance Ministry posted about the achievements made during the last seven years.
Click here to read the full news…
2. India’s per capita income is ₹ 2 lakh, America’s ₹ 71 lakh: Akhilesh said in Parliament – Our economy is at number 5, but why does the government hide the income?
In Tuesday’s proceedings of the Parliament session, SP chief Akhilesh Yadav said – The government says that India has become the country with the 5th largest economy, but why does the government hide where the per capita income of our country has reached? Along with this, he also asked about the country’s position on Hunger Index and Happiness Index.
In such a situation, here we are telling about the top 10 economy countries in the world and their per capita income. According to Forbes, America is at first place in the list of world’s top-10 economy countries with a GDP of $28.78 trillion. America’s per capita income is Rs 71.30 lakh and India’s is only Rs 2.28 lakh.
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3. Adi-Nadir Godrej Family to buy 12.65% stake in Godrej Industries: These stakes will be purchased from RKN Enterprises through a block deal.
Adi-Nadir Godrej Group will buy 12.65% stake in Godrej Industries through a block deal from RKN Enterprises under the family settlement. Due to which the stake in the flagship company of Adi-Nadir Godrej Group will increase.
The company gave this information in the stock exchange. Adi Godrej’s cousin Rishad Naoroji owns RKN Enterprises. As of Tuesday, his 12.65% stake is worth Rs 3,858 crore.
Click here to read the full news….
4. Gold became cheaper, silver became expensive: Gold came to Rs 71,858, silver price reached Rs 88,085 per kg.
There was a slight decline in gold prices on July 2. According to the website of India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold has fallen by Rs 16 to Rs 71,858. A day ago its price was Rs 71,874 per ten grams.
However, an increase has been seen in the price of silver. One kg silver is being sold at Rs 88,085, an increase of Rs 283. Earlier, silver was at Rs 87,802 per kg. This year, silver had reached its all-time high of Rs 94,280 per share on May 29.
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5. Sensex made a high of 79,855 and Nifty made a high of 24,236: After this, Sensex fell by 34 points and closed at 79,441, banking and auto shares fell.
The stock market has made an all time high today i.e. on 2nd July. During trading, Sensex touched the level of 79,855 and Nifty touched the level of 24,236. However, after this there was a decline in the market. Sensex closed at 79,441 with a fall of 34 points.
Nifty also fell by 18 points. It closed at the level of 24,123. Out of 30 Sensex stocks, 18 are showing decline and 12 are seeing rise. There was more decline in banking and auto shares. At the same time, there has been a rise in IT, energy and pharma shares.
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6. Unacademy fired 250 employees: They were working in marketing and sales, more than 4000 layoffs in the company in 2 years.
Soft bank backed edtech company Unacademy has laid off about 250 employees. Of these, about 100 employees were working for the business development and marketing team of the company. At the same time, about 150 people were from the sales department. Moneycontrol gave this information quoting sources. According to reports, the company has taken this decision due to restructuring.
Unacademy said in a statement, ‘We have undertaken restructuring as part of our continued effort to streamline the company’s operations and increase business efficiency. This was necessary keeping in mind the goals and vision of the company. This was also necessary for sustainable growth and profitability, due to which some roles have been affected.
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7. Ducati’s Hypermotard 698 Mono teaser released: Will be launched in India soon, the bike will have features like 3 power modes and 4 riding modes.
Ducati India has released the teaser of its first modern single-cylinder motorcycle – the Hypermotard 698 Mono. Along with this, the company has said that this motorcycle will be launched in India in the coming weeks.
Ducati Hypermotard 698 has a new high-strung Superquadro mono engine, which generates power of 77.5hp and torque of 63Nm. When the optional Termignoni racing exhaust is added to it, this bike generates power of 84.5hp and torque of 67Nm.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
Know the condition of tomorrow’s share market and gold and silver…
Know the latest price of petrol, diesel and gas cylinder…
