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High cost of containers to impact India’s exports: TPCI
NEW DELHI: Increasing container freights would push the overall cost of domestic goods in the international markets, which would make it less competitive and hurt the country's merchandise exports, Trade Promotion Council of India (TPCI)…
Supreme Court rejects challenge to approval of resolution plan of Reliance Infratel by operational…
NEW DELHI: The Supreme Court on Tuesday rejected the challenge of operational creditors on approval of resolution plan of the Reliance Infratel Limited by NCLT saying the plan has been duly approved by a requisite majority of the Committee…
Samsung expands presence in domestic smartphone market
Seoul: Samsung Electronics further expanded its dominance in the domestic smartphone market in the second quarter of the year, a report showed on Tuesday, as its rivals struggled to gain presence.
Samsung logged a share of 73 percent in…
If My Car Recommends Regular Gas, Is It Good to Use Premium Occasionally?
If your engine runs fine on regular, filling it with premium is unlikely to boost acceleration or fuel economy by more than insignificant amounts. No matter what you’ve heard, premium-grade gasoline won’t do more to clean deposits from your…
Nod to CCI probe on Amazon, Flipkart
BENGALURU: The Competition Commision of India has finally received nod from the Supreme Court to continue its probe into the business models of e-commerce giants Amazon and Flipkart, thus putting an end to the months-long legal tussle…
Telcos may not get more time to pay spectrum fee
NEW DELHI/CHENNAI: The finance ministry is not in favour of giving any extension of the moratorium on spectrum dues to telecom companies due to tight fiscal position. According to sources in the finance ministry, many telecom companies,…
India adds 3 million hectares of forest area to achieve land degradation neutrality
New Delhi , August 10 India in order to restore the global ecosystem embarked upon land conservation measures, adding 3 million hectares of forest area in the past decade to achieve its national commitment of land degradation…
Gold has lost all Trigger Points, recovery in six months is grim
Gold, the precious metal Indians love the most, is trading bearish in the last few sessions. On Monday, Gold momentarily slipped to a 14 month low of $1,677 per ounce before returning to $1,725 levels. On August 4, Gold traded at $1,830 per…
How to Tell if a Car Has an Exhaust Leak
How can you tell if your car has an exhaust leak? Your ears and nose can alert you to some exhaust leaks, but they may not be able to detect all leaks, including ones that could allow carbon monoxide inside your vehicle, which can be…
JK Tyre posts Q1 consolidated net profit of Rs 44 crore
NEW DELHI: JK Tyre & Industries on Saturday said it has posted a consolidated net profit of Rs 44 crore for the first quarter ended June 2021.
The tyre major had reported a net loss of Rs 204 crore in the April-June period of 2020-21…
Hindustan Copper Q1 net profit rises 54 per cent to Rs 46 crore
NEW DELHI: Hindustan Copper on Saturday reported a 53.6 per cent rise in consolidated net profit at Rs 45.63 crore for the quarter ended June 30, 2021.
The company had a consolidated net profit after tax and share of profit of…
Goyal calls for increasing handloom exports to Rs 10,000 crore in three years
NEW DELHI: Textiles Minister Piyush Goyal on Saturday called for increasing handloom exports to Rs 10,000 crore and doubling the production to Rs 1.25 lakh crore in the next three years with a view to promoting the growth of the sector. At…
Bank of Baroda clocks Q1 profit of Rs 1,209 crore
NEW DELHI: State-owned Bank of Baroda (BoB) on Saturday reported a standalone profit of Rs 1,208.63 crore during the quarter ended June 2021, helped by decline in bad loans provisioning.
The bank had posted a net loss of Rs 864 crore in…
Bitcoin Reaches highest price in Q2 at $44,500 despite fears of US crackdown
Moscow, Aug 8 (UNI/Sputnik) The price of Bitcoin continues to rise, hitting the highest level since mid-May at over $44,000 despite fears that the United States may pass cryptocurrency tax reporting legislation under the new Infrastructure…
How Often Do I Need to Wax My Car?
How often do you need to wax your car? This is easy to remember no matter your level of auto adeptness: If your vehicle is usually parked in a garage or otherwise sheltered from the elements, waxing it twice a year should be enough to…
Lenders to Future Group a worried lot
NEW DELHI: Lenders of cash-strapped Future Retail are the most worried lot with the Supreme Court’s ruling favouring Amazon in its long-running dispute with Kishore Biyani-led group on its merger deal with Reliance Limited.
As it is,…
Government took seven years to scrap retro tax because of ongoing court cases, says FM
NEW DELHI: Finance minister Nirmala Sitharaman on Friday said that the government has to wait for seven years to scrap the retro tax as many cases were sub-judice at various platforms, the government could not make legislative changes and…
City Union Bank posts 12 per cent profit in Q1
NEW DELHI: Tamil Nadu-based City Union Bank (CUB) posted a net profit of Rs 173 crore in the April-June quarter of 2020-21, a 12% increase over Rs 154 crore in the same quarter last year. The bank, however, reported a decline in the total…
RBI’s calibrated liquidity normalisation
NEW DELHI: August’s policy meeting has tried to walk a tightrope in attempting to differentiate its liquidity manoeuvres from the accommodative policy rate stance, but economists say that the current stance may not prevail for too long. In…
India to partner G-20 countries on digitization for strong Economic Recovery
New Delhi, Aug 7 (UNI) India is looking forward to work with partner countries on shared priorities and collective efforts of the G-20 in building a resilient education system and leveraging digitisation for an inclusive economic…
