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The Finance Ministry Thursday pegged the exchange rate for dollar at Rs 79.90 for calculation of import duty with effect from July 8, as against Rs 78.95 a fortnight ago. The sharp revision is due to depreciation of rupee against dollarThe Finance Ministry Thursday pegged the exchange rate for dollar at Rs 79.90 for calculation of import duty with effect from July 8, as against Rs 78.95 a fortnight ago. The sharp revision is due to depreciation of rupee against dollar

A report issued Thursday by the Royal Bank of Canada says the country is headed towards a recession in 2023, but it will be short-lived and not as severe as prior downturns. RBC economists said that soaring food and energy prices,A report issued Thursday by the Royal Bank of Canada says the country is headed towards a recession in 2023, but it will be short-lived and not as severe as prior downturns. RBC economists said that soaring food and energy prices,

Residents of Maharashtra may soon witness a decline in the prices of petrol and diesel, according to Minister of Petroleum & Natural Gas HS Puri. The minister made the comment on the back of Maharashtra Chief Minister Eknath Shinde’s plan toResidents of Maharashtra may soon witness a decline in the prices of petrol and diesel, according to Minister of Petroleum & Natural Gas HS Puri. The minister made the comment on the back of Maharashtra Chief Minister Eknath Shinde’s plan to

Concerns about inflation and personal finances have surged while COVID has evaporated as a top issue for Americans, a new poll shows, marking an upheaval in priorities just months before critical midterm elections. Forty per cent of U.S. adults specifically nameConcerns about inflation and personal finances have surged while COVID has evaporated as a top issue for Americans, a new poll shows, marking an upheaval in priorities just months before critical midterm elections. Forty per cent of U.S. adults specifically name

The US dollar has been surging so much that it’s nearly equal in value to the euro for the first time in 20 years. That trend, though, threatens to hurt American companies because their goods become more expensive for foreign buyers.The US dollar has been surging so much that it’s nearly equal in value to the euro for the first time in 20 years. That trend, though, threatens to hurt American companies because their goods become more expensive for foreign buyers.

Twitter said it removes 1 million spam accounts each day in a call with executives Thursday during a briefing that aimed to shed more light on the company’s fake and bot accounts as it tussles with Elon Musk over “spam bots”.Twitter said it removes 1 million spam accounts each day in a call with executives Thursday during a briefing that aimed to shed more light on the company’s fake and bot accounts as it tussles with Elon Musk over “spam bots”.

Coal import for 10 per cent blending for the electricity plants to avoid blackouts will result in a rise in power tariff by 60-70 paise per unit, Union minister RK Singh said on Thursday. This has to be done to avoidCoal import for 10 per cent blending for the electricity plants to avoid blackouts will result in a rise in power tariff by 60-70 paise per unit, Union minister RK Singh said on Thursday. This has to be done to avoid

The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies. In a notification, the ministry said that ATF supplied as fuel to domestic carriersThe Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies. In a notification, the ministry said that ATF supplied as fuel to domestic carriers

Treasury Secretary Janet Yellen this month will visit the Indo-Pacific and will use the trip to make the case for a price cap on Russian oil aimed at reducing revenue to the Kremlin. Yellen will address the economic and humanitarian challengesTreasury Secretary Janet Yellen this month will visit the Indo-Pacific and will use the trip to make the case for a price cap on Russian oil aimed at reducing revenue to the Kremlin. Yellen will address the economic and humanitarian challenges

1Pay is a full-stack payment platform and one of the few that focuses on digitally unifying the unorganized Logi-Fintech space Mumbai, 8th July 2022: Reserve Bank of India (RBI) has given in-principle approval to fintech startup 1Pay Mobileware Pvt1Pay is a full-stack payment platform and one of the few that focuses on digitally unifying the unorganized Logi-Fintech space Mumbai, 8th July 2022: Reserve Bank of India (RBI) has given in-principle approval to fintech startup 1Pay Mobileware Pvt