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liquefied petroleum gas (LPG) for all of India's 330 million users. Union Information and Broadcasting Minister Anurag Thakur revealed during a Cabinet briefing on August 29, «All domestic consumers of LPG cylinders will receive a Rs 200 subsidy per cylinder. Additionally, users under the PM Ujjwala scheme will benefit from this subsidy on top of the existing one.» Minister Thakur also stated that this extra LPG cylinder subsidy would be implemented immediately, offering it as a special gift for Raksha Bandhan and Onam celebrations. This move now brings the subsidy for Ujjwala beneficiaries to a total of Rs 400 per LPG cylinder. Currently, in the national capital, a 14.2-kg LPG cylinder costs ₹1,103, more than double the rate it had in May 2020.

₹60 lakh home loan from a private sector bank for buying an under-construction flat in 2017. The interest rate on the loan was 8% at that time. He took possession of the flat in August 2019 and made a prepayment of about ₹10 lakh.

Ujjwala scheme subscribers already get Rs 200 subsidy on cooking gas cylinders, while the reduction of Rs 200 in prices of LPG cylinders announced on Tuesday will be on top of that, Information and Broadcasting Minister Anurag Thakur told mediapersons after the Union Cabinet meeting. The additional subsidy on LPG cylinders will come into effect immediately as a 'Raksha Bandhan' and 'Onam' gift, and will cost the exchequer Rs 7,680 crore, the minister added. The decision came months before the Assembly elections scheduled in four states, and the Lok Sabha elections due next year.

₹1.60 in Q1FY24. Further, the trajectory of other expenses is a factor to track as Cask excluding fuel and forex was higher by nearly 10% year-on-year in Q1. “This cost inflation could remain sticky amid expansion spree by competition," according to Kumar.

The U.S. Department of Justice and an Oklahoma bank have announced a proposed agreement to settle claims that the bank discriminated in lending to Blacks and Hispanics

Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second straight month, clear signs that the labor market is cooling in a way that could reduce inflation

Leaders of traditional companies across industries may be hearing a lot about the unique versatility and security of blockchain technology and wondering what role it could play in their own businesses. With many pundits proclaiming Web3 and decentraIization to be the future of business and financial transactions, there is likely a sense of urgency behind at least better understanding the possible benefits.

Reliance’s annual general meeting on Monday, the 66-year-old announced that his three children would be joining the board, even as he continues as chairman and managing director for five more years. Reliance’s sway has grown following a $150 billion investment spree over the past decade. It now controls 15% of the total fixed capital deployed at India’s top 300 non-financial firms, employs 7% of the workforce and garners 10% of their combined ebitda.

₹147 crore from anchor investors today. Rishabh Instruments IPO will open for subscription tomorrow (Wednesday, August 30), and will close on Friday, September 1.

It’s been more than 100 days since members of the Writers Guild of America stopped working and more than a month since the actors union joined them

Diabetes drug and blood thinner Eliquis among first 10 targeted for price negotiations in effort to cut Medicare costs

India house up to 15% of the Indian tech talent pool and can drive 50% cost savings for India's $245 billion technology landscape, said a report released by Deloitte India and Nasscom on Tuesday. This includes regions like Ahmedabad, Chandigarh, Indore, Jaipur, Kochi, Mysuru, Warangal, Hubli, Madurai, Raipur, Guwahati and Vishakhapatnam among others. The report found talent pool costs are 25-30% lower than those in mature hubs, with 50% cost savings in real estate rentals compared with mature hubs. This economic advantage also makes these cities an attractive choice for growth with lower investments demonstrated by over 140 Global Capability Centres (GCCs) located in these places.

U.S. banking regulators on Tuesday unveiled plans to force regional banks to issue debt to protect depositors in the event of more failures.

“Apartment swap only,” begins the advertisement for renter Adam Reider’s three-bedroom, ground-floor apartment in Montreal’s sought-after Notre-Dame-de-Grâce neighbourhood.The spacious home, which also has access to a private yard, parking and an unfinished basement, is listed at $960 per month on Facebook marketplace. It’s right by the Metro system and provides easy access to downtown.

BEIJING (Reuters) -Some Chinese state-owned banks will soon lower interest rates on existing mortgages, three sources familiar with the matter said on Tuesday, as Beijing ramps up efforts to revive the debt crisis-hit property sector and bolster a sputtering economy.

By Safiyah Riddle

Narendra Modi Tuesday hailed the government's announcement of a Rs 200 per cylinder cut in prices of domestic cooking gas, saying the festival of Raksha Bandhan is about «increasing happiness within the family» and this reduction will provide more comfort to sisters and make their life easier. The government on Tuesday announced a Rs 200 per cylinder cut in prices of domestic cooking gas.

Mamata Banerjee on Tuesday said the Centre's decision to slash LPG prices by Rs 200 as an impact of the INDIA opposition alliance. Earlier in the day, the central government announced a Rs 200 per cylinder cut in prices of domestic cooking gas as it looked to counter the cheaper LPG promise of the Congress in upcoming assembly elections in states like Madhya Pradesh. «Till now, only TWO meetings have been held in the past TWO months by the INDIA alliance and today, we see that LPG prices have gone down by Rs 200.

Russia-Ukraine conflict has thrust the significance of drones into the global spotlight. Notably, the Ukrainian military has effectively harnessed low-cost drones to confront the formidable Russian military.

Convincing everyone to adopt a new technology can be a slog at first. The humble microwave oven, for example, took two decades of lukewarm sales to reach just a tenth of U.S. households. But then came the 1980s, and quicker than you could say “Hot Pockets,” microwaves had spread to nearly every kitchen.

Bank of Montreal put aside more money for potentially sour loans and severance costs as it absorbs Bank of the West during a difficult period for U.S. regional lenders.