Prime Minister Narendra Modi on Monday said the highest ever monthly GST collection of Rs 1.87 lakh crore in April is a "great news" for the Indian economy.

Gross Goods and Services (GST) collection in April rose 12 per cent on an annual basis to touch the all-time high level.

Shares of Oil and Natural Gas Corporation (ONGC) were up 3 per cent to Rs 163.90 on the BSE in Tuesday's intra-day trade amid heavy volumes after the government slashed windfall tax on Crude Oil produced at home to Rs 4,100 per tonne from Rs 6,4000 per tonne.

The stock of the state-owned oil exploration & production company was trading close to its 52-week high level of Rs 168.40, touched on May 5, 2022.

Swiggy has decided to shut its premium grocery delivery pilot Handpicked, according to a report by The Economic Times (ET).

Through Handpicked, Swiggy used to sell a selection of premium, gourmet, imported, and hard-to-get grocery items.

A Swiggy spokesperson, while confirming the development to ET, said that the company is constantly experimenting with new propositions in line with its vision to provide consumers with convenience.

Shares of Adani Green Energy were locked in the 5-per cent upper circuit, at Rs 998, on the BSE in Tuesday's intra-day deal after the Adani group company's net profit zoomed 142 per cent on year in the March quarter of FY23 (Q4FY23). By comparison, the benchmark S&P BSE Sensex was up 0.42 per cent at 9:20 AM.

The renewable power major, on Monday, reported a 142 per cent rise in net profit to Rs 1,365 crore in Q4FY23 on a YoY basis. Its revenues were up by 89 per cent to Rs 2,130 crore in the same quarter.

The Indian Premier League (IPL) 2023 saw another controversy last night after the Lucknow Super Giants vs Royal Challengers Bangalore match, where LSG mentor Gautam Gambhir and RCB batter Virat Kohli were seen in a heated conversation with each other.

In the IPL 2023 LSG vs RCB match on Monday night, the star players from both the teams – Gautam Gambhir and Virat Kohli – were seen involved in an ugly spat after RCB won the match by 18 wickets, leading to a breach of the Code of Conduct of the IPL 2023 tournament.

Jailed gangster Tillu Tajpuriya, who was the prime accused in the Delhi Rohini Court shootout, was murdered inside Tihar jail in the national capital. He was allegedly murdered inside the jail during a gang war.

Tillu Tajpuriya was killed inside the Tihar Jail by Yogesh Tunda, who is a member of the rival gang, according to ANI reports.

India’s capital markets regulator may ask the country’s top court to give it more time to finish its investigation into short-seller Hindenburg Research’s allegations against billionaire Gautam Adani’s conglomerate, the Business Standard reported, citing people it didn’t name.

The Securities and Exchange Board of India was to file a status report to the Supreme Court May 2, according to the report.

After the Andhra Pradesh Board announced the Class 11 and 12 results, nine students in the state have ended their lives after failing to clear the exams, a report by IANS has stated. The Andhra Pradesh Board of Intermediate Education declared results for intermediate first year, second year and vocational courses on Wednesday.

According to reports more than 4.84 lakh first year students and 5.19 lakh second year students had registered for the IPE exams this year. The announcement of the AP result was made by state education minister Botcha Satyanarayana.

More than 90% of the freshers have accepted lower salary options at Wipro in order to fast-track onboarding, the company's senior official said in a report by Economic Times.

In February this year, Wipro asked freshers to consider a lower starting salary. The IT major had written a letter to candidates who had been offered a salary package of ₹6.5 LPA, asking if they would be willing to join with a salary of ₹3.5 LPA. The move sparked a row in the IT sector.

India reported over 7,171 new covid cases in the last 24 hours, the union health ministry data said on Saturday. While the daily positivity rate has reached 3.69%, the weekly positivity rate stood at 4.72%.

The active caseload has reached 51,314. In the last three years of the pandemic, India has reported more than 44.9 million cases and 5,31,508 covid related deaths.

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