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Edible oil refiners in India have canceled approximately 1 lakh metric tonnes of palm oil imports due to rising Malaysian prices and increased import duties, making shipments unprofitable. The recent 9% price hike in Malaysia has led to concerns about elevated edible oil prices during the festive season. Futures market prices for sunflower and cotton […]
In July, the EPFO added a record 19.94 lakh net members, the highest since tracking began in April 2018. This includes 10.52 lakh new members, a 2.66% increase from June. Notably, the 18-25 age group saw 8.77 lakh additions, representing 59.41% of all new members. Maharashtra topped the contributions, accounting for 20.21% of the total, […]
A recent Local Circles survey indicates that approximately 75% of UPI users would discontinue the service if transaction fees were implemented. Conducted between July 15 and Sep 20, the survey gathered responses from over 42,000 participants across 308 districts. It found that 38% of users rely on UPI for more than half of their transactions.
Indian stock markets surged to historic highs before settling at record closing high levels on Monday. Sensex added as much as 384.30 points or 0.45% to settle at 84,928.61. It scaled a record high of 84,980.53 during intraday trade. Nifty touched an all-time high of 25,956, just 44 points shy of 26,000, before ending Monday’s […]
Indian real estate market is projected to reach $10 trillion by 2047, contributing 14-20% to GDP, according to a Colliers report. Key sectors like office and residential real estate will mature, while alternative assets like data centers will grow. Urbanization and infrastructure development will drive expansion into tier-II and III cities, presenting significant opportunities for […]
Xiaomi, Flipkart, and the competition watchdog have not responded to Reuters about antitrust investigations. Reports indicate that Amazon and Flipkart prioritized select sellers and collaborated with Xiaomi for exclusive launches, breaching competition laws. Xiaomi is unconcerned about the findings and claiming exclusivity harms fair competition and consumer interests.
Here are the silver prices per 10 grams on Sunday in the top cities in India. ★ Chennai – ₹979, ★ Mumbai – ₹929, ★ New Delhi – ₹929, ★ Kolkata – ₹929, ★ Bangalore – ₹849, ★ Hyderabad – ₹979, ★ Kerala – ₹979, ★ Pune – ₹929, ★ Vadodara – ₹929, ★ Ahmedabad […]
The Sensex and Nifty opened at fresh record levels in early trade today, September 23, 2024. The Sensex started trading today at 84651.15, up 106.84 points or 0.13%, and the Nifty was at 25872.55, up 81.60 points or 0.32%. Meanwhile, the Indian rupee was trading today at 83.50 against the dollar.
Here are the diesel prices per liter in the top cities. ★ Delhi – ₹87.62, ★ Kolkata – ₹91.76, ★ Mumbai – ₹89.97, ★ Chennai – ₹92.34, ★ Gurgaon – ₹88.65, ★ Noida – ₹87.86, ★ Bangalore – ₹88.94, ★ Bhubaneswar – ₹92.62, ★ Chandigarh – ₹82.40, ★ HYD – ₹95.65, ★ Jaipur – ₹90.36, […]
Here are the petrol prices per liter today in the top metro cities in India. ★ Delhi – ₹94.72, ★ Kolkata – ₹104.95, ★ Mumbai – ₹103.44, ★ Chennai – ₹100.98, ★ Gurgaon – ₹94, ★ Noida – ₹94.72, ★ Bangalore – ₹102.88, ★ Bhubaneswar – ₹101.06, ★ Chandigarh – ₹94.24, ★ Hyderabad – ₹107.41, […]
To control deflation rates in India, the government can implement several strategies: ★ Lower interest rates to encourage borrowing and spending.★ Increase public spending on infrastructure and social programs to boost demand.★ Promote export-oriented industries to stimulate economic growth.★ Provide tax breaks or subsidies to encourage consumer spending.
Coriander leaves, popularly known as cilantro, offer numerous health benefits. They are rich in vitamins A, C, and K, promoting immune function and skin health. Their antioxidant properties help combat inflammation. Coriander leaves may aid digestion, reduce cholesterol levels, and support heart health. Additionally, they have antimicrobial properties, which can help fight infections.
Struggling low-cost carrier SpiceJet announced on Saturday that its board has approved the issuance of 48.70 crore equity shares to qualified institutional buyers at a price of ₹61.60 per share.
September is poised to be the busiest month for IPOs in India in 14 years, with over 28 companies launching offerings amid resilient stock markets, according to the RBI. There is growing interest in SME IPOs, with significant oversubscriptions. The report also highlights increasing private credit assets, particularly among fintech lenders, despite cautious large risk […]
India is set to implement GST 2.0, a significant reform aimed at simplifying tax laws and enhancing technology adoption. Finance Minister Nirmala Sitharaman emphasized these changes in Budget 2024, highlighting their potential to boost economic growth and transparency. GST collections reached Rs 1.75 lakh crore in August 2024, marking a 10% increase from the previous […]