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Category: Business Updates

Business Updates

UK inflation unexpectedly falls, raising questions about BoE rates plan

May 30, 2021By businessreputationdata

The Office for National Statistics said the fall was driven by a drop in hotel prices and air fares, which are often volatile, and by food prices rising by less than at the same time last year.

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Business Updates

Consumer confidence marginally down: RBI survey

May 28, 2021By businessreputationdata

On the inflation front, household perception of current inflation inched up by 10 basis points to 8.9 per cent in the latest round of the survey, the RBI said in its inflation survey

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Business Updates

India, US may discuss procurements, critical minerals supply, laptop import curbs on August 26

May 28, 2021By businessreputationdata

US Trade Representative Katherine Tai is in Jaipur to attend the G20 Trade and Investment Ministerial Meeting during August 23-25 and will then hold a bilateral meeting with Union Commerce and Industry Minister Piyush Goyal on Saturday.

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Business Updates

SEBI halves IPO listing time to three days from six

May 26, 2021By businessreputationdata

The new listing time frame will be voluntary for all public issues opening on or after September 1 and mandatory for all the issues which come after December 1, SEBI said in a circular.

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Business Updates

India’s multidimensional poverty rate down to 11.28% in 2022-23 from 29.17% in 2013-14

May 25, 2021By businessreputationdata

According to the estimated share of MPI poor in 2013-14 and 2022-23, Bihar recorded a 53 per cent drop from 56.3 per cent share of MPI poor in 2013-14 to 26.59 per cent in 2022-23.

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Business Updates

Washer found missing on Indian carrier’s 737 MAX plane during Boeing-recommended inspection

May 25, 2021By businessreputationdata

A washer is a plate with a hole in the centre, and is used to distribute the load of a threaded fastener, like as a bolt or nut.

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Business Updates

Cheaper Russian oil helped Indian refiners save $3.3 billion in first half of FY24, data shows

May 24, 2021By businessreputationdata

India is the world’s third-largest consumer of crude oil and depends on imports to meet over 85% of its requirement. Crude oil also tops the list of India’s merchandise imports by value.

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Business Updates

Sebi finalising draft discussion paper over guidelines for ‘finfluencers’

May 24, 2021By businessreputationdata

Due to significant changes in its IT systems, the IT security incident caused a major disruption in its business operations, the Paracetamol maker said.

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Business Updates

China’s exports, imports fall 6.2% in September as global demand falters

May 24, 2021By businessreputationdata

Customs data released Friday showed exports for September slid 6.2 per cent to $299.13 billion in the fifth straight month of decline. Imports also slid 6.2 per cent to $221.43 billion.

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Business Updates

GST Council: 28% tax on online gaming, casinos and horse-racing

May 24, 2021By businessreputationdata

The Directorate General of Civil Aviation (DGCA) has put SpiceJet under enhanced surveillance for more than three weeks now and it is an ongoing process, the official told PTI.

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