The Communist Party of India (Marxist) government in Kerala has announced an increase in liquor prices and judicial court fees in order to generate additional funds for development works. The excise duty on Indian-made foreign liquor (IMFL) has been raised by Rs 10 per litre, with the aim of generating revenue of Rs 200 crore. … Read more
UK services sector revival gains momentum with fastest growth since May Newsflash: The UK’s services sector has posted its strongest monthly performance since last May. Services sector firms have reported a faster rise in business activity and new orders in January, spurring them to hire more staff. This lifted the UK services PMI index up … Read more
“It may prevail for a couple of more quarters as well but these are the new high growth emerging sectors, the QSR especially the very high growth emerging as category, they will have a very superior growth for a long period of time and because of that I think it is a good time to … Read more
Boeing will have to delay deliveries of more of its bestselling 737 Max planes after a supplier found new production glitches, adding to pressure on the beleaguered US manufacturer. The aircraft maker will have to conduct work on about 50 undelivered planes after supplier Spirit Aerosystems discovered two holes drilled incorrectly, Reuters reported. The latest … Read more
“The net interest margins have come down, but the pressure will not be there in this quarter. We will be able to protect the NIMS for the simple reason that there is a huge franchise with us and our CASA ratio is around 44%,” says Rajneesh Karnatak, MD & CEO, Bank of India. Let us … Read more
1. Keep checking the iPlayer, ITVX, etc For smart TV and laptop watchers, arguably the first port of call should be the main on-demand services such as BBC iPlayer, ITVX, Channel 4 (formerly known as All 4), My5 and STV Player. Films sometimes come and go quite quickly, so it’s worth getting into the habit … Read more
Shares of State Bank of India (SBI) fell nearly 2% to hit the day’s low of Rs 638.50 on the NSE on Monday after state lender’s high wage cost dented its earnings outcome. Yet top brokerages remain upbeat about the prospects of SBI shares on strong loan growth and its comfortable position in terms of … Read more
I have been waiting since last April for my new car to be repaired under warranty and there’s still no date in sight. I bought the car, an Alfa Romeo, on personal contract purchase [PCP] finance in March last year and will be paying for it for four years. Two days after collecting it, warning … Read more
“Every bull market provides its leadership like I said. We do not know what the next bull market will be like,” says Ramesh Damani, Member, BSE.You have always said that the definition of a good business is that it should serve a purpose. It should solve a problem. It should be scalable and it should … Read more
The retirement age will have to rise to 71 for middle-aged workers across the UK, according to research into the impact of growing life expectancy and falling birthrates on the state pension. The UK pension age of 66 is set to rise to 67 between May 2026 and March 2028. From 2044, it is expected … Read more
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