IANS | October 14, 2017 7:23 AM
Oil prices rose on Friday, as turmoil in the Middle East underpinned the market.
FE Online | October 13, 2017 11:58 AM
Another BJP ruled state, Madhya Pradesh has cut retail VAT on petrol and diesel following central government’s request earlier this month. According to ANI, Madhya Pradesh Shivraj Singh Chouhan said that the state has reduced 3% retail VAT on petrol and 5% on diesel.
PTI | October 13, 2017 11:25 AM
Gold prices drifted lower by Rs 33 to Rs 29,781 per 10 grams in futures trade today as participants lightened positions to book profits at existing higher levels even as the precious metal climbed overseas.
PTI | October 12, 2017 5:54 PM
Gold surged by Rs 80 to Rs 30,830 per ten gram today following uptick in festive season demand from jewellers and retailers at the domestic spot market amid a strong global trend.
PTI | October 12, 2017 11:56 AM
Gold prices rose 0.49 per cent to Rs 29,853 per 10 grams in futures trade today as participants created fresh positions, tracking a firm trend overseas.
Bloomberg | October 11, 2017 6:47 PM
Saudi Arabia has promised to do “ whatever it takes” to end the global oil glut. If it cuts supplies in November by as much as it pledges, the kingdom will reduce production and exports alike by more or less a million barrels a day compared with last year.
FE Online | October 11, 2017 2:49 PM
The Narendra Modi government has announced a major discount on petrol and diesel prices with a dual motive of cushioning the impact of rising international prices and promoting cashless transactions through BHIM App.
Petrol, diesel prices set to fall in Uttarakhand as BJP government cuts 2% cess, 2% VAT ahead of DiwaliFE Online | October 11, 2017 1:57 PM
In a major development, Uttarakhand government has announced to cut 2% cess and 2% VAT on petrol and diesel prices. The development was confirmed by Uttarakhand Finance Minister Prakash Pant.
FE Online | October 10, 2017 6:16 PM
Multi Commodity Exchange of India will launch first options contract with favourite precious metal gold on the day of Dhanteras that is on October 17.
PTI | October 10, 2017 3:28 PM
Gold prices today rallied by Rs 145 to Rs 30,765 per ten gram at the bullion market in line with a firming trend overseas amid increased buying by local jewellers.
FE Online | October 10, 2017 5:03 PM
After Gujarat, the Maharashtra government has also slashed VAT on retail fuel, reducing petrol and diesel prices by Rs 2 per litre and Re 1 per litre respectively.
FE Online | October 10, 2017 2:18 PM
OPEC is courting US shale oil producers and other crude-producing nations to join the oil cartel to restore equilibrium price in the market, which would be advantageous for India as the country is one of the leading consuming countries.
Gujarat cuts VAT on fuel; here’s how much you’ll save on petrol, diesel if other states cut tax as wellPragya Srivastava | October 10, 2017 2:32 PM
Gujarat Chief Minister Vijay Rupani today announced that the state government has cut the retail VAT on fuel by 4%, which will bring the prices of petrol and diesel down by Rs 2.93 and Rs 2.72 respectively. We take a look at how much the petrol and diesel price may fall if other states also cut VAT rates by 5 percentage points.
PTI | October 10, 2017 11:32 AM
Gold futures were trading up 0.18 per cent at Rs 29,778 per ten grams as traders raised bets amid positive cues from the global markets.
FE Online | October 10, 2017 11:19 AM
Petrol Diesel Prices: Gujarat today decided to cut down VAT on fuel by 4%. Chief Minister Vijay Rupani announced this on Tuesday morning.
54,000 petrol, diesel pumps across India may go on strike for indefinite period from October 27; here is whyFE Online | October 9, 2017 5:58 PM
As of now, it’s certain that 54,000 petrol, diesel pumps across India will go on a day-long (24 hours) strike on October 13.
ANI | October 9, 2017 7:36 AM
Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Sunday told Secretary General of OPEC (Organisation of the Petroleum Exporting Countries) Sanusi Mohammad Barkindo that India expects reasonable crude oil price from OPEC member countries.
PTI | October 8, 2017 1:41 PM
Gold sales are likely to revive during the ensuing Diwali festival with the government revoking an order that mandated PAN and Aadhaar cards for purchases above Rs 50,000, an industry body said.
FE Online | October 7, 2017 5:47 PM
Petrol pump strike: Earlier, in the month of June, petrol pump owners had called off their proposed strike over the daily revision of petrol and diesel prices after the government agreed to change the timing to 6 am every day instead of midnight.
Nanda Kasabe | October 7, 2017 3:48 AM
Although cotton prices have not touched the minimum support price ( MSP) levels yet, Maharashtra cooperation minister Subhash Deshmukh has already directed the Agriculture Produce Market Committees (APMCs) to commence online registration of farmers for the purchase of cotton from October 18 for the season of 2017-18.
Nanda Kasabe | October 6, 2017 3:31 AM
With the prices of soybean and pulses ruling below minimum support prices (MSP), procurement of these commodities at MSP under the Centre’s price support scheme ( PSS) will begin from October 16 in Maharashtra by NAFED.
FE Online | October 5, 2017 3:15 PM
Gujarat has become the first state to cut retail VAT rates on petrol and diesel prices, a day after the Finance Ministry asked states to do so. Gujarat levies 28.96% VAT on both petrol and diesel.
Pragya Srivastava | October 5, 2017 5:52 PM
The Finance Ministry is asking state chief ministers to cut retail VAT rate on petrol and diesel by as much as 5%. We take a look at how much the petrol and diesel price may fall if the states actually comply and cut VAT rates by 5 percentage points.
Sandip Das | October 5, 2017 3:39 AM
The Centre, which has been grappling with the issue of disposing of more than 18 lakh tonne of buffer stock of pulses, has decided to sell around 7 lakh tonne of lentils below the market price to states as well as for central welfare schemes like mid-day meal scheme and to army and paramilitary forces.
Nanda Kasabe | October 5, 2017 3:35 AM
The cotton market is beginning to show signs of pressure, top officials of the Cotton Association of India (CAI) said. According to Nayan Mirani, its outgoing president, there is going to be a lot of cotton the world over.
Sandip Das | October 5, 2017 3:30 AM
Anticipating a crash in the prices of kharif pulses and oilseeds below the minimum support price (MSP) in key growing states, the agriculture ministry has directed Nafed to commence procurement under the price support scheme (PSS) in Telangana, Karnataka, Rajasthan and Maharashtra.
PTI | October 4, 2017 6:22 PM
After cutting excise duty by Rs 2 per litre, the Centre now wants states to cut sales tax or VAT on petrol and diesel by 5 per cent to provide further relief to consumers.
- Budget 2018: Housing For All by 2022 will be possible if Modi government includes these points in its budget
- PM Narendra Modi interview: Budget 2018 may not be populist
- Union Budget 2018: Allocate more funds, increase expenditure, say health experts
- Budget 2018: Arun Jaitley should contain fiscal deficit, says US-based economist TN Srinivasan
- Union Budget 2018: Government may tweak tax slabs, bring standard deduction, says EY survey
- Union Budget 2018: Steel ministry seeks import duty waiver for coking coal
- Budget 2018: Rights body urges government to allocate funds for gaushalas
- Budget 2018: FM Arun Jaitley attends Halwa ceremony, check the ritual of extreme significance
- Wow! Modi government’s Budget 2018 will connect India with these ambitious steps