Page 44 - Agencies

July PMI services growth slips to 4-month low on rising inflation

The PMI decreased to 55.5 in July 2022 from 59.2 in June

Govt revises windfall tax levied on crude, diesel and ATF

India has increased the export tax on petroleum crude and cut the tax on aviation turbine fuel and diesel

India's July trade deficit widens to $31 bn on costly imports, weak rupee

July's data comes after the Centre raised import duty on gold last month to discourage buyers in the world's second-largest consumer and rein in the yawning trade deficit

IDFC stock ends 4% higher after CCI approves divestment of IDFC AMC

In April this year, a consortium of Bandhan Bank's parent, private equity firm ChrysCapital and Singapore's sovereign fund GIC had announced the acquisition of IDFC AMC for Rs 4,500 cr

7.24 million income tax returns filed in one day, a record: CBDT

On July 31, 7.24 million ITRs had been filed, shattering all previous single-day records (the maximum being 4.9 million in 2019)

Rishi Sunak for £10 fine for missed hospital appointments: Report

Racism not a factor in PM race, said Sunak

Amazon reports second loss in a row; stock rally eases slowdown fears

Stock rally eases slowdown fears

Sri Lanka inflation rises to 60.8% in July as dollar crunch persists

Transport costs surge 143.6%, while food prices have increased 90.9%

PM Modi launches India's first international bullion exchange in Gujarat

PM Narendra Modi lays the foundation stone of the Headquarters Building of the International Financial Services Centres Authority, in Gandhinagar

No proposal to include toy industry under PLI scheme, says govt

The government has been providing all-around support to the domestic toy industry to make them more competitive

Bank of Baroda hikes interest rates on fixed deposits below Rs 2 crore

The interest rate for deposits maturing in one year will fetch an interest rate of 5.30 per cent, up from the previous 5 per cent

A U-turn: US Senator Joe Manchin agrees to $369-billion tax bill

The bill imposes a 15% minimum corporate levy on firms that have traditionally paid little-to-no taxes thanks to credits and deductions

Europe gas prices soar 30% in 2 days as Russia cuts Nord Stream 1 supply

Ukraine forces hit key bridge in Russian-occupied south

Warehousing development law: Centre proposes more penalties

In the amendment bill, the government has also proposed simplified registration process, accepting negotiable receipts only in electronic form

Angola: Rare pink diamond may be the largest one found in 300 years

The 170-carat stone from the Lulo alluvial mine has been named the "Lulo Rose"

China says US will 'bear all consequences' if Pelosi visits Taiwan

Beijing has hit back hard against the United States after reports emerged last week that Pelosi could visit the self-ruled island of Taiwan in August

CCPA to challenge Delhi HC stay on service charge norms for hotels

Guidelines prohibit levy of service charge on food bills

My election proves poor can dream and achieve too: President Murmu

President Droupadi Murmu on Monday said her election to the top constitutional post proves that in India, the poor can not only dream but also fulfil those aspirations

China Belt & Road spend in Russia, Sri Lanka falls to zero: Report

Financing and investments were at $28.4 billion in the first six months, compared with $29.4 billion in the same period a year earlier

Delhi L-G recommends CBI probe into alleged violation of excise policy

The new Excise policy 2021-22 was implemented from November 17 last year under which retail licences were given to private bidders for 849 vends across the city divided into 32 zones