Govt expects more companies to reduce MRP of edible oils
[ad_1] The government on Friday said it expects more companies to reduce maximum retail prices of cooking oils by up to Rs 15 per litre to pass on the benefit…
US inflation surge signals tough times ahead
[ad_1] The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy June’s awful US inflation numbers are a reminder of tough days ahead for many…
ATF purchases by Indian carriers for overseas flights exempt from 11% excise duty: Finance Ministry
[ad_1] The finance ministry on Friday clarified that domestic carriers’ aviation turbine fuel (ATF) purchases for international flights will remain exempted from 11% basic excise duty, ending confusion over the…
No relief in sight as inflation increases most since 1981
[ad_1] Rising inflation exceeded expectations in June, as the prices for goods and services reached a year-over-year rate of 9.1% — the highest since 1981, according to Labor Department data…
Brent crude may hover around $104/bbl this year: JPMorgan
[ad_1] Brent crude may hover around the current level of $104 a barrel for the remaining part of the current year, but may fall to $98 per barrel next year,…