Share this via
The government has reduced the Basic Customs Duty on crude edible oils like soybean, sunflower, and palm from 20% to 10% to control rising prices. This move widens the import duty differential, encouraging domestic refining and reducing refined oil imports. The food ministry has directed industry associations to immediately pass on the duty reductions to consumers by adjusting prices.
Indian benchmark indices, Sensex and Nifty, are likely to open sharply lower on Friday, weighed down by a combination of global and domestic factors
This launch comes after NueGo’s successful Kashmir to Kanyakumari (E-K2K) electric bus expedition, which proved that EVs can handle India’s varied terrain.
Gold prices surge 1.94% to Rs 1,00,300 per 10 grams amid Israel-Iran tensions. Silver rises 0.74% to Rs 1,06,670 per kg.
Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in trade on Friday on global cues. While Nifty50 crashed below 24,550, BSE Sensex tumbles over 1,100 points.
Brent crude futures rise $8.64, or 12.45%, to $78.00 a barrel by 0825 IST, the highest in the past five months.
Get over your FOMO of knowing what's happening. Never miss what matters to you!
