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NEW DELHI : The petroleum ministry has increased the LPG distributors’ commission to ₹73.08 per cylinder from ₹64.84 fixed in May last year. In a letter dated 3 October, sent to the oil marketing companies (OMC), the ministry, however, said that the revision in the distribution commission would not result in a revision in retail LPG prices. It said the government approved the “revision of distributor’ commission to ₹73.08 per 14.2 kg cylinder (establishment charges: ₹39.65 and delivery charges: ₹33.43) and ₹36.54 per 5.0 kg cylinder (establishment charges: ₹19.82 and delivery charges: ₹16.72)".

For the first time in many weeks, gold is starting to look relatively attractive again. If you loved gold at $2K+, it is now on sale near $1.8K. But will it find buyers is the key question? The sharp $130 (6.7%) drop in the space of a couple of weeks (from its 21st September high) means gold prices are technically oversold and potentially due to a short-covering rally from these long-term support levels.

₹60-70 lakh to raise a child in the first 20 to 22 years after birth. This is a considerable cost you will incur as a parent before retiring. A significant financial event, aside from retirement, is educating and raising a child.

Crypto firms in the Netherlands, including Bitvavo and Coinmerce, have achieved a partial victory in their legal battle against fees totaling $2.3 million imposed by Dutch regulators. They argued that these fees were excessive and discriminatory.

AI)-based messaging and user engagement platform Aampe on Thursday said it has raised $7.5 million as part of fresh funding led by Matrix Partners India and Peak XV Partners (formerly Sequoia Capital India). The company said it will use the funds for product development and growth as it sets sight on global expansion.

Companies hiring for CIO and CTO positions want boots on the ground at the corporate headquarters, eliminating some potential candidates and a slowing of the overall rate of tech executive hiring. For business technology executives, relocation can be the single biggest impediment to changing jobs, said Eric Sigurdson, who leads the Chief Information Officers Practice at search firm Russell Reynolds Associates. For a time, that impediment disappeared, although now it is back, he said.

₹20,000 a month. On top of that, close-knit groups often head out for big-ticket health retreats or costly treks. If this is the investment needed for basic participation in the fitness race, then those who have educational loans to pay off, or other family-related financial burdens, find themselves at an instant disadvantage.

The selloff in government bonds in recent days is being called the “one of the most violent recalibrations” of the bond market in recent years, and the shock waves are being felt around the world.

A wage increase of 15 per cent over five years was the first thing to catch most observers’ eyes last month when Unifor, the union representing 5,600 workers at Ford Motor Co. of Canada, ratified a new three-year contract with the automaker.

Nintendo has set the gaming world abuzz with the announcement of a thrilling collaboration between its beloved Animal Crossing series and LEGO. The tantalizing revelation came via a brief teaser trailer, showcasing LEGO versions of cherished Animal Crossing characters like Isabelle and Tom Nook. However, the teaser left fans eagerly speculating about the nature of LEGO sets and the release date for this exciting collaboration.

UAE are looking at ways to further expand the rupee-dirham trade, as it would have a «huge» impact on bilateral trade, Commerce and industry Minister Piyush Goyal said here on Thursday. He also said it will help the two countries in making remittances flow from the UAE to India at a lower cost. «We have looked at further expanding the rupee-dirham trade, which has been operationalised with the efforts of the central bank of the UAE and the RBI,» he told reporters here.

Tesla Inc., this was supposed to be the year that traditional automakers finally put up a fight for electric cars. General Motors was committing its biggest brands to a new line of electric models; Ford and Volkswagen were ramping up production of EVs designed for the masses. It was, many predicted, time for the automotive world order to re-assert itself. Things haven’t turned out that way.

Lucid Group on Thursday launched a cheaper, rear-wheel drive version of the Air Pure sedan starting at $77,400, as it looks to stoke demand. Higher borrowing costs have hit sales of electric vehicles over the last few quarters, while a price war unleashed by Tesla has hurt the ability of smaller EV makers such as Lucid and Rivian Automotive to grab market share. The new Lucid model, however, is more expensive than the world's most valuable automaker Tesla's Model S luxury sedan, which starts at about $75,000. The cheaper electric sedan will offer a range of 410 miles on a full charge and will be available immediately, Lucid said. Its most expensive offering, Air Sapphire, which is also its fastest car, is priced at $249,000. The company, which is backed by Saudi Arabia's Public Investment Fund, had cut prices of its Air luxury sedans by as much as $12,400 in August even as it burns cash and posts bigger losses in its race to keep up with Tesla. Lucid had reported second-quarter revenue of $150.9 million.

(Reuters) -Constellation Brands raised its annual profit target on Thursday after higher prices and strong demand for its beers and spirits drove a sales and profit beat in the second quarter.

(Reuters) -Luxury electric-vehicle maker Lucid Group (NASDAQ:LCID) on Thursday launched a cheaper, rear-wheel drive version of the Air Pure sedan starting at $77,400, as it looks to stoke demand.

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: Clorox, Tractor Supply, Comerica, Carrier Global, and NextEra Energy.

₹50.91 billion in fiscal 2023 from ₹19.31 billion – owing to the strong resurgence in demand and robust recovery in all business segments. “Revenue witnessed sustained momentum across segments in the first quarter of fiscal 2024 as well, with an increase of 94% yoy to ₹18.98 billion.

Click here! "We understand there is a policy change and everybody wants a change that will be beneficial for them. That will be there. If we say special groups are discriminatory ...

Academy Securities Head of Macro Strategy Peter Tchir says weakness in the economy and a «very nervous» market indicate a recession is coming on «Making Money.»

(Reuters) -Conagra Brands on Thursday swung to a profit in the first quarter and maintained its annual targets as multiple rounds of price hikes and easing cost pressures helped offset a slowing demand for the packaged food maker's products.

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