Union Minister of State for Finance Anurag Thakur asserted that the budget will be in accordance with people's expectations and added that the government is working towards a self-reliant India and making its economy grow. "The budget has the vision of self-reliance and takes along every section of the society", PM Modi said. Kumar welcomed the government's move a year ago to offer more credit M... [Full Article...]
Available in United Kingdom dealerships from February, LEAF10 introduces a new bold body colour to the Nissan palette, complemented by exquisite pattern detailing on the exterior. The exterior changes are completed with the addition of 17-inch alloy wheels, while the cabin has the In-Car Wi-Fi hotspot with built-in 4G connectivity for a seamless NissanConnect Services experience. [Full Article...]
US crude gained $1.20 cents, or 2.3pc, to $53.40. Both benchmarks gained almost 8pc in January. "Positive risk sentiment is one factor helping oil prices". US oil and gas drillers are gearing up for a pick-up in demand. Meanwhile, oil and gas drillers in the USA are gearing up for demand pickup as higher crude oil prices would make news wells profitable. [Full Article...]
Silver has become the latest focus of a frenzied online movement by retail traders to push up values of assets that big fund managers had bet against. In particular, the forum isn't too pleased with Kenneth Griffin's Citadel after the firm injected cash into Melvin Capital, a hedge fund that lost about 53% of its value after a short-squeeze on shares of GameStop hurt results. [Full Article...]
The cess on import of "gold and silver" will be 2.5 per cent, alcoholic beverages (100 per cent), crude palm oil (17.5 per cent), apples (35 per cent), "coal, lignite and peat" (1.5 per cent), fertilizers, including urea (5 per cent), and cotton (5 per cent). [Full Article...]
The legislative amendments to this effect will be launched in Parliament in the Budget session, the finance minister added, as the government will need Parliamentary approval to facilitate the sale of the LIC stake. As part of "Atmanirbhar Bharat" package, the government had a year ago said that a maximum of four public sector companies in strategic sectors would be allowed, and government-owned... [Full Article...]
The last few increases in pump prices in petrol and diesel has taken its price to record levels across the country in all major metro cities and other towns. The government has chose to revise the existing prices of petroleum products in view of the rising oil prices trend in the global market. According to oil companies executives, petrol and diesel prices may increase further in the coming day... [Full Article...]
Border restrictions and port congestion contributed to delivery times lengthening for the 17th straight month, with the suppliers' delivery times index nudging up to 34.0 from 32.7 in December. "Jobs fell at the start of the year, but did so at the weakest pace in the current ten-month stretch of contraction". "Latest data signaled another month of expansion in the Canadian manufacturing sector"... [Full Article...]