The Centre has once again revised the windfall tax on fuel exports, raising duties on petrol, diesel and aviation turbine fuel (ATF) for the next fortnight while keeping domestic fuel duties unchanged.According to a finance ministry notification, the revised special additional excise duty (SAED) will come into force from August 3.The SAED on diesel exports…
Oil prices declined on Monday, providing relief to Wall Street by easing concerns that inflationary pressures could intensify further. US stock market today:The S&P 500 gained 1%, extending its recovery after a turbulent July marked by sharp swings. The Dow Jones Industrial Average had advanced 624 points, or 1.2%, while the Nasdaq Composite was up…
FSSAI cracks down on liquor brands over flavouring and misleading claims NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) has initiated enforcement action against several alcoholic beverage manufacturers, including makers of Old Monk, McDowell’s, Bagpiper, Antiquity Blue, Royal Challenge over the alleged use of non-permitted flavouring practices and misleading age-related claims, saying…
August is set to bring a series of bank holidays, so if you’re planning a visit to your bank branch, it may be worth checking the holiday calendar first. Banks are scheduled to remain closed on different dates across states due to regional festivals and local observances, with the holiday calendar varying from one state…
More than 1.18 lakh Central Government employees and eligible retirees have opted for the Unified Pension Scheme (UPS) since its rollout, the government informed Parliament on Monday.In a written reply in the Lok Sabha, Union finance minister Nirmala Sitharaman said the total number of UPS subscribers stood at 1,18,195 as of July 19, 2026. This…
At 3:15 p.m., continuous trading in eligible stocks will end and the market will move into the CAS. From today, the stock market closing time is changing. The market is now operating with three separate end-of-day timelines. This means that the closing time for different categories of securities and the way closing prices are determined…
Some tankers, including those carrying Russian crude, continue to transit the Bab el-Mandeb Strait. (Reuters photo) Saudi Arabia’s key Red Sea export terminal at Yanbu appeared to witness its busiest day since Houthi threats disrupted regional shipping, while additional vessels continued transiting the Bab el-Mandeb Strait with their tracking systems switched off.While some tankers, including…
Which are the top stocks to buy this week? Stock market recommendations: Sansera Engineering, and Paytm have been picked as the top stocks to buy this week starting August 3, 2026 by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities. He has also provided a detailed outlook on Nifty and Bank Nifty: Stock…
After joining hands in a rare currency market intervention, the US and Japan have left the door open for more coordinated action, with Tokyo saying it is ready to step in again if yen continues to swing.In a statement issued on Monday, Japan’s ministry of finance said it intervened in the foreign exchange market on…
Falling gobal crude oil prices and weaker US dollar lifted rupee higher in early trade on Monday. The currency traded at a gain of 31 paise against US dollar, while drawing support from foreign fund inflows, higher forex reserves and continued intervention by the Reserve Bank of India (RBI), according to forex traders.Rupee opened at…
