At 26%, exports grow fastest in over 4 years

At 26%, exports grow fastest in over 4 years

New Delhi: Goods exports jumped over 26% to $43.8 billion, the fastest pace of expansion since June 2022, due to a surge in electronics, engineering goods and petroleum products, while lower gold shipments helped moderate import growth to 14%, and narrow the trade deficit to $26.9 billion, a five-month low.Latest data released by the commerce…

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Oil prices today: Brent crude falls as US crude inventories rise despite Saudi supply concerns

Oil prices today: Brent crude falls as US crude inventories rise despite Saudi supply concerns

Oil prices fell on Wednesday after an unexpected increase in US crude inventories outweighed concerns over supply disruptions following an attack on Saudi Arabia’s East-West pipeline.Brent crude futures declined 93 cents, or 0.86%, to $107.82 a barrel at 0028 GMT, while US West Texas Intermediate (WTI) crude futures dropped 97 cents, or 0.92%, to $104.86…

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Rising crude, G-sec yields, inflation risks sink sensex

Rising crude, G-sec yields, inflation risks sink sensex

Mumbai: With Brent firmly trading significantly above the psychologically important $100/barrel mark, US 10-year yield at two-decade high at over 5%, India 10-year at above 7.1%, and rupee weakening close to 96/$, Dalal Street investors pressed the panic button on Tuesday. As a result, sensex lost about 1,400 points from the day’s high and closed…

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PV dispatches up 37% ahead of festivals

PV dispatches up 37% ahead of festivals

New Delhi: Auto industry entered the festive season with dealers receiving more cars and scooters than in any previous Aug. Whether buyers match that pace at showrooms is the next test.Passenger-vehicle dispatches rose 36.5% year-on-year to 4,39,309 units, according to data released by the Society of Indian Automobile Manufacturers (Siam) on Tuesday. But the increase…

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Tata Group stocks soar after RBI listing decision

Tata Group stocks soar after RBI listing decision

MUMBAI: Tata Group companies’ shares jumped on Tuesday after Reserve Bank of India directed Tata Sons to comply with upper-layer NBFC rules – including a mandatory listing. Seven listed Tata companies together hold 11.9% of Tata Sons, and a potential IPO could unlock value for them. Tata Chemicals led the rally, hitting its 20% upper…

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India Merchandise Exports: India’s exports to US, China surge in August amid stronger global trade

India Merchandise Exports: India’s exports to US, China surge in August amid stronger global trade

India’s exports to the US rise 21.8%, China shipments jump 52.4% in August (representative image) India’s merchandise exports to the US and China recorded strong growth in August 2026, with shipments to the US rising 21.83% and those to China increasing 52.35% from a year earlier, according to commerce ministry data released on Tuesday.Exports to…

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Water kept leaking into his ground-floor home despite repeated fixes; after an 8-year legal fight, Maharashtra court orders first floor flat owner to allow repairs and split costs

Water kept leaking into his ground-floor home despite repeated fixes; after an 8-year legal fight, Maharashtra court orders first floor flat owner to allow repairs and split costs

The upstairs owner was no longer willing to let repair workers enter his flat. (Image for representative purpose only) Co-habiting in a housing society can come with its set of challenges. One such case is of a ground floor flat occupant who was constantly troubled by water leakage from the first floor, and the problem…

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MDR on person-to-merchant UPI payments above Rs 2,000: Who pays and what changes for you? FAQs answered

MDR on person-to-merchant UPI payments above Rs 2,000: Who pays and what changes for you? FAQs answered

MDR applicability is determined by overall merchant account categorisation. A Merchant Discount Rate (MDR) of 0.4% will be applicable on person-to-merchant UPI transactions above Rs 2,000 from October 15, 2026, as per the latest notification from NPCI. It is important to note that person-to-person transactions will continue to be free with no MDR applicable.Merchant Discount…

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She transferred Rs 3.25 lakh to her father, but last 4 account digits were wrong; money went to another account, Karnataka High Court orders bank to return it

She transferred Rs 3.25 lakh to her father, but last 4 account digits were wrong; money went to another account, Karnataka High Court orders bank to return it

While making the transfer, the money was inadvertently sent to another account. (Image for representative purpose only) You attempt to transfer money online but you end up sending it to the wrong account which is also dormant. What happens then? How do you get your money back?That’s the case of a woman who intended to…

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