Tag: india business news

  • Green Fuel Will End Need, For Petrol In India After Five Years: Gadkari

    Union minister Nitin Gadkari has expressed confidence that green fuel will end the need for the use of petrol in vehicles in the country after five years. He made the statement in Maharashtra’s Akola on Thursday, where he was conferred anUnion minister Nitin Gadkari has expressed confidence that green fuel will end the need for the use of petrol in vehicles in the country after five years. He made the statement in Maharashtra’s Akola on Thursday, where he was conferred an

  • Cryptocurrencies Struggle After 3 Days, Of Gains, Binance Launches Zero Trading Fees

    Cryptocurrencies as of writing this copy at 10:37 am (IST) are again in the red. This is after Bitcoin witnessed 3 days of consecutive days. Last, bitcoin quoted down by close to 1.8% at $21571. Also, the second largest crypto EthereumCryptocurrencies as of writing this copy at 10:37 am (IST) are again in the red. This is after Bitcoin witnessed 3 days of consecutive days. Last, bitcoin quoted down by close to 1.8% at $21571. Also, the second largest crypto Ethereum

  • Today’s Petrol, Diesel Rate: Check New Rate List Of Different Cities

    There is no change in the prices of petrol and diesel on Saturday, July 9. The prices of both the fuels remain unchanged after more than one and a half months. The leading Oil Marketing Companies (OMCs) decide to keep theThere is no change in the prices of petrol and diesel on Saturday, July 9. The prices of both the fuels remain unchanged after more than one and a half months. The leading Oil Marketing Companies (OMCs) decide to keep the

  • Elon Musk Says, He’s Terminating $44B Twitter Buyout Deal

    Elon Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse – after the Tesla CEO sent a letter to Twitter’s board saying he is terminating the acquisition. Twitter did not immediately respond to a message forElon Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse – after the Tesla CEO sent a letter to Twitter’s board saying he is terminating the acquisition. Twitter did not immediately respond to a message for

  • Wall Street Wavers, Following Surprisingly Strong Jobs Report

    Stocks are swinging between small gains and losses as Wall Street works out what to make of surprisingly strong data on the US jobs market released Friday. The S&P 500 rose 0.1 per cent in midday trading after earlier veering fromStocks are swinging between small gains and losses as Wall Street works out what to make of surprisingly strong data on the US jobs market released Friday. The S&P 500 rose 0.1 per cent in midday trading after earlier veering from

  • India Needs,To Grow 8-10% Over Next 25 Years To Create More Jobs: Shanmugaratnam

    India must grow by at least 8-10 per cent over the next 25 years so that the it is able to lift the average income of people and create more jobs, Singapore Senior Minister Tharman Shanmugaratnam said on Friday. He deliveredIndia must grow by at least 8-10 per cent over the next 25 years so that the it is able to lift the average income of people and create more jobs, Singapore Senior Minister Tharman Shanmugaratnam said on Friday. He delivered

  • Govt Exempts Excise Duty, On ATF Purchases By Indian Carriers For Overseas Flights

    The government has exempted domestic airlines flying overseas from paying excise duty on Aviation Turbine Fuel (ATF), bringing them at parity with international carriers. Airlines will, however, continue to pay an 11 per cent excise duty on ATF used for flyingThe government has exempted domestic airlines flying overseas from paying excise duty on Aviation Turbine Fuel (ATF), bringing them at parity with international carriers. Airlines will, however, continue to pay an 11 per cent excise duty on ATF used for flying

  • RBI Imposes Restrictions, Withdrawal Caps, On 4 Co-Op Banks

    The Reserve Bank on Friday imposed several restrictions, including a cap on withdrawals for the depositors, on four cooperative banks for six months given their deteriorating financial positions. The banks on which restrictions or Directions under the Banking Regulation Act, 1949The Reserve Bank on Friday imposed several restrictions, including a cap on withdrawals for the depositors, on four cooperative banks for six months given their deteriorating financial positions. The banks on which restrictions or Directions under the Banking Regulation Act, 1949

  • Airtel Africa Clears Dues, Worth USD 450 Million

    Bharti Airtel International (Netherlands) BV, which manages Airtel’s Africa business, has cleared dues worth USD 450 million (Rs 3,565 crore) by purchasing notes through a tender offer, the company said on Friday. The company had issued a tender offer to purchaseBharti Airtel International (Netherlands) BV, which manages Airtel’s Africa business, has cleared dues worth USD 450 million (Rs 3,565 crore) by purchasing notes through a tender offer, the company said on Friday. The company had issued a tender offer to purchase

  • PC Jeweller Shares Gain, A Whopping Over 40% In A Week’s Time;Company Clarifies

    PC Jeweller a big wealth destroyer has been making big gains and in a week’s time when the markets was regaining its mojo came out strong with gains to the tune of over 40% in a week’s time. OnPC Jeweller a big wealth destroyer has been making big gains and in a week’s time when the markets was regaining its mojo came out strong with gains to the tune of over 40% in a week’s time. On