Fuel prices have not been revised by state-run oil marketing companies (OMCs) on Monday even as global crude oil prices fell marginally. Petrol and diesel prices have remained static for over two weeks. Global crude oil prices decreased after a rise in the US dollar and rising rig output. While crude oil prices…
HIGHLIGHTS Gold stands at Rs 45,930 per 10 grams on the MCX today. Silver is retailing at Rs 59,388 per kg on the MCX. Globally, gold prices hit a more than five-week low on Monday. On the Multi Commodity Exchange (MCX), both gold and silver are trading on the lower side today. Recording a marginal dip of Rs 41 or 0.09…
US Treasury Secretary Janet Yellen issued a fresh plea for Congress to raise the federal debt ceiling on Sunday, arguing a default on US debt would trigger a historic financial crisis. In a Wall Street Journal opinion piece, Yellen said that the crisis triggered by a default would compound the damage from the…
Indian shares opened lower on Monday after four straight weeks of gains, weighed down by metal and auto stocks, while investors waited for cues from the U.S. Federal Reserve on its pandemic-era stimulus measures. The blue-chip NSE Nifty 50 index was down 0.3% to 17,526.9 by 9:31 am, and the benchmark S&P BSE Sensex…
Online app-based food delivery platforms like Zomato and Swiggy will now have to pay five per cent Goods and Services Tax (GST). This was decided at the 45th GST Council meeting on Friday. Many users on social media were upset with the decision, thinking they would have to pay more for deliveries under the new GST…
In view of the ongoing Covid-19 pandemic, the government on Friday extended the deadline for linking Aadhaar with the permanent account number (PAN) till March 31, 2022. The income tax (I-T) department informed that the last date for the Aadhaar-PAN linking, which was earlier September 30, has been further extended by…
HIGHLIGHTS In Delhi, petrol is retailing at Rs 101.19 per litre. The rate of petrol in Mumbai stands at Rs 107.26 per litre on Saturday. The GST Council did not include petroleum products under the ambit of GST on Friday. The prices of petrol and diesel have maintained stability amid volatility in global oil prices on…
Many banks have introduced attractive offers for customers ahead of the festive season in order to boost credit availability. Banks are looking to make the most of higher optimism among citizens by offering loans at lower interest rates. The goal is to boost demand during the upcoming festive season when citizens…
Cryptocurrency prices weakened over the past 24 hours due to minor consolidation in the virtual coin market. Trading volumes for some cryptos also fell on Friday after most virtual coins rebounded a day ago. Bitcoin, the world’s largest cryptocurrency, fell marginally to $47,873.08 or 1.06 per cent over the past 24…
For the first time since March 2020 when the Covid-19 pandemic hit India, the GST Council meeting on Friday in Lucknow will have all the members present physically. Finance Minister Nirmala Sitharaman will chair the meeting, and it will be attended by representatives of 28 states and three Union Territories to discuss…