Here’s today business news, the latest business news India today 2 January 2023

• Ajay Kumar Srivastava has been elevated to the post of Managing Director and Chief Executive Officer by the Indian Overseas Bank.
• Sundaram Finance has revised the interest rates for 13-month deposits to 7.2% and for 24 and 36 months to 7.5%.

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Latest business news India today 2 January 2023 – business news headlines today

• RITES has signed a pact with KIIFCON for jointly exploring, identifying, securing and executing consultancy projects.
• GST on housing units rented to the proprietor of a proprietary firm for residential purposes has now been removed after amendments notified by CBIC.
• The centre has signed a pact with the Institute of Veterinary Biological Products for the production of Lumpi-ProVac commercially.
• A decline of 9% has been reported by Maruti Suzuki India Ltd in its total wholesales at 1,39,347 units in December 2022 as against 1,53,149 units sold in December 2021.

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Latest business news India today 2 January 2023 – business news India today

• The collection of GST revenues rose to Rs 1.5 lakh crores in December 2022, 2.5% higher than that in November.
• According to PropTiger .com, the market of Delhi NCR has 98,290 unsold housing units by year end of 2022 and will take around 5 years to sell the stock.
• The membership of Marion Biotech has been suspended by the Pharmaceuticals Export Promotion Council under the scanner after death of 18 individuals in Uzbekistan.
• As the economy picked up momentum, the sales of petrol rose to 2.76 million tonnes in December 2022 as against 2.54 million tonnes in December 2021.

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