Business News

With the reduction, the effective duty on crude palm oil, crude soyoil and crude sunflower oil will come down to 24.75% whereas effective duty on refined palm oil, soyoil and sunflower oil will be 35.75%. The government has slashed base custom duties on palm oil, soy oil and sunflower oil to ease elevated level of edible oil prices, according to ...

Top laggards in the sensex pack included Tata Steel, Kotak Bank, Dr Reddy’s, L&T, SBI and Bajaj Finance. (Representative image) NEW DELHI: Equity indices plunged in opening trade on Friday with the benchmark BSE sensex falling nearly 500 points amid weak cues from global markets. The 30-share BSE index plunged 495 points or 0.89 per cent to trade at 55,135. ...

Diesel prices have changed again for the third time this week. Diesel rates across the major metros have dropped yet again by 18 to 25 paise on Friday. While diesel continues its downward move, petrol maintains its all-time high. Petrol has remained unchanged for a total of 34 days as of Friday. Petrol prices last saw a hike in mid-July, ...

When federal judge James Boasberg dismissed the Federal Trade Commission’s antitrust lawsuit against Facebook in June, he gave the agency pretty specific instructions on how to salvage it. The problem, he wrote in his opinion, was that the FTC hadn’t offered even the barest evidence that Facebook is a monopoly, beyond the vague claim that it “maintained a dominant share ...

New Delhi: 7th Pay Commission latest update –Uttar Pradesh Chief Minister Yogi Adityanath on Thursday announced that the state government will extend a 28 percent hike in dearness allowance for its employees. The Chief Minister said that his government had increased the dearness allowance from 17 percent to 28 percent for state employees and pensioners, while the hike will be ...

Why is corporate India unhappy with the e-commerce rules and where does the government stand? The story so far: Union Commerce Minister Piyush Goyal launched a verbal attack last week against Indian corporations, alleging that they were putting their narrow business interests ahead of the larger national interest. At the annual meet of the Confederation of Indian Industry, he targeted ...

The Green Bay Packers play in one of the tiniest media markets in the NFL, with a small but famously loyal fan base. It’s a key part of their charm. It’s also why it was so bewildering to discover that the single most-viewed URL on Facebook over the past three months, with 87.2 million views, belongs to an obscure site ...

___ Fed discussed pulling back on bond purchases later this year WASHINGTON: Federal Reserve officials last month discussed the timing for beginning to dial back their extraordinary support for the U.S. economy, which has been steadily recovering from the pandemic recession. They made no firm decision on a timetable but appear to be moving toward starting a pullback before years ...

The Reserve Bank of India (RBI) on Wednesday said it will conduct an open market purchase of government securities of ₹25,000 crore on August 26 under Source link

New Delhi: Indian banks offer an overdraft facility using which individuals can take advance from the bank. The facility can be used in case of a financial emergency as one can take the advance even without having a single penny in the bank account.  In actuality, the overdraft facility is basically a short-term lending facility that allows bank’s customers to ...