The Russian government has approved some changes to its fuel export ban, lifting the restrictions for fuel used as bunkering for some vessels as well as diesel with high content of sulphur, a government document showed on Monday.
The “two-pillar” system is expected to ensure a fairer distribution of profits and taxing rights among countries with respect to big multinational companies in a digital world.
Three sources said the target fund raise of $2.5 billion is part of a combined $3.5 billion target the firm has set for itself, a part of which — $1 billion — came from Qatar Investment Authority (QIA) and was announced last month
“In Q1 of 2023-24, the discrepancy of 2.8 per cent has a plus sign. This indicates that the expenditure side has explained only 97.2 per cent of the income side,” V Anantha Nageswaran said in an op-ed article.
Rising political tension may contribute to downgrade, says agency, cites Manipur
The purchase consideration payable by the company for the purchase of 100 per cent of SMG’s equity shares will be discharged by way of issue and allotment of 1.23 crore equity shares of the company having face value of Rs 5 each to SMC, at a price of Rs 10,420.85 per equity share, on a preferential basis.
The outlook for January-March 2024, calculated by subtracting the percentage of employers who anticipate reductions to staffing levels from those who plan to hire, stood at 37 per cent, up 5 per cent from the corresponding period of 2023, and same when compared with the last quarter.
In the intraday session, Sensex touched an all time high of 67,927.23, while Nifty 50 crossed the 20,200 mark, and hit 20,222.45.
The first advance estimate, released by the National Statistical Office (NSO) earlier this month, said the country’s economy is expected to grow at 7.3 per cent in the current fiscal.
All sectors closed on a negative note, as Nifty IT slipped 2.19 per cent, followed by Nifty FMCG at 1.91 per cent, Nifty Media at 1.40 per cent, Nifty PSU Bank at 1.13 per cent, and the consumer durables index at 1.12 per cent.