Information Financial News

That one of the world’s fiercest wars now is being fought right next some of the biggest oil exporters probably justifies some geopolitical risk to be attached to crude prices. But a daily move of up to a few percent will require the supply of oil itself to be impacted — not just hypothetically but in real barrel terms.

₹3 per order, which marks a 50 percent jump as compared to the existing platform fee of ₹2, a report in The Economic Times stated on October 16. The revised platform fee has been implemented from October 4 onwards, the newspaper said, adding that initially the increased rate was applicable for food orders in Hyderabad and Bengaluru, but was later expanded to all areas of operation across the country. The Bengaluru-based food delivery aggregator has been applying the platform fee on food orders from April this year.

Manchester United (NYSE:MANU) shares fell sharply in early Monday trade following reports that the Qatari group led by Sheikh Jassim bin Hamad J.J. Al Thani had withdrawn its bid for the Premier League titan.

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Embattled fund manager Magellan says it intends to convert its $2.65 billion closed end fund, the Magellan Global Fund, into an open-ended exchange-traded fund following pressure from activist investor Nick Bolton. 

UBON on Monday launched its J1 Magic Sunglasses which have 15 mm open-ear speakers. These smart audio sunglasses have also been launched in a Bluetooth version v5.3 which can be connected with smartphones to facilitate hassle-free Bluetooth calling and an in-built microphone, the company said.

Delta Corp gets another GST shortfall notice of ₹6,384 crore With these changes, the government expects to collect around ₹2,000 crore in the current financial year (FY2023-24), a significant rise from the approximately ₹700 crore collected in the previous financial year (FY2022-23) from foreign firms providing various digital services in India, a government official told the paper. Previously, only business-to-business services were subject to IGST, and there was no tax obligation for individuals and government entities acquiring non-business services from overseas Online Information Database Access and Retrieval (OIDAR) service providers outside of Indian jurisdiction. The official further said that they are keeping a close eye on companies that have been evading GST.

₹17 apiece, which is around ₹4.70 per share higher from IFL Enterprises share price today. After the outbreak of this stock market news, IFL Enterprises share price witnessed heavy buying interest among Dalal Street bulls. IFL Enterprises share price today opened upside and went on to hit intraday high of ₹13.25 apiece on BSE, logging an intraday gain of near 17 per cent within few minutes of stock market's opening bell today.

Israel has announced its decision to evacuate residents residing within a two-kilometre zone from the border with Lebanon and relocate them to state-funded guest houses. The National Emergency Management Authority (NEMA) of Israel's Ministry of Defence and the Israeli Defence Forces are jointly implementing this evacuation plan. A statement from the Israeli Defence Forces revealed that this decision encompasses 28 communities.

Bitcoin price. You can take a look at a resource like Binance to determine the price of Bitcoin today. Similar to traditional currency, the value of Bitcoin can fluctuate based on various factors.

Welcome to the realm of Gold IRA companies, where stability meets growth, and your financial future glistens with promise. As an investor, you understand the importance of diversification and hedging against risk. But what if we told you that there's an investment opportunity that not only provides a hedge against inflation but also offers substantial potential for growth? Yes, we're talking about gold - the timeless treasure that has maintained its value throughout history.

Russia has joined China's restrictive measures imposed on imports of fish and seafood from Japan, Russia's agricultural watchdog Rosselkhoznadzor said on Monday. Japan started releasing treated radioactive water from the wrecked Fukushima nuclear power plant into the Pacific Ocean in August, and was heavily criticised by China, which immediately banned all seafood imports from Japan. Russia said the restrictions were imposed as a «precautionary measure» and will remain in place until comprehensive information is provided showing if the seafood is safe. From January to September 2023, imports of fish and seafood from Japan to Russia totalled 118 tonnes, Rosselkhoznadzor reported.

Securities Exchange Board of India (Sebi) on Friday released a set of amendents on anti-money laundering standards and combating the financing of terrorism. These guidelines relate to the rules framed under the prevention of money laundering Act 2002. For the uninitiated, Prevention of Money Laundering (Second Amendment) Rules, 2023 came into force on Sep 4, this year, and in view of these amendments, certain provisions of the master circular stand to get modified.

Stock market today: Delta Corp shares have been under hammer since mid July 2023. Shares of the Indian Casino major topped out after Government of India (GoI) decided to increase GST on online gaming, casino, etc.

unclaimed deposits to the Reserve Bank of India's Depositor Education and Awareness Fund. To claim the funds from this fund, you will need to establish contact with the RBI. Several public sector banks in India now require both savings and current accounts to be classified as inoperative if there have been no transactions in the account for a period exceeding two years, aligning with the directives set forth by the RBI.

personal loan. However, are all such loans available from banks or fintech organisations worth your choice? You may need a loan to pay off some expenses, repay an existing loan, or for debt consolidation. Whatever the reason may be, the easy availability of these loans must not be the sole criterion for applying for them.

TCS: A nearly six-month-long probe into the bribes-for-jobs scandal at Tata Consultancy Services Ltd has resulted in crucial suggestions for hiring reforms, along with the sacking of the former head of its resource management group. On Sunday night, TCS disclosed to the exchanges that it had sacked 16 employees and blacklisted six staffing firms. E.S.

insurance companies are close to agreeing to impose a 30% cap on commissions paid to corporate agencies, including banks and non-banking financial companies, for credit life policies, said people with knowledge of the matter. It comes as the industry reorients marketing practices following the regulator's decision to scrap product-wise caps and go for company-wise ones in the wake of insurers facing GST evasion charges. The matter has been discussed in Life Insurance Council meetings over the past few months, said two persons privy to the information.

By Dietrich Knauth and Nate Raymond