Edible oil bottles at a shop.

Photo: Dhaka Tribune

Govt Reduces Import Taxes On Vegetable Oils Before Festivals

In the wake of upcoming festivals, the Indian government has announced to reduce the base import taxes on edible oils such as palm oil, soy oil, and sunflower oil. Reportedly, the government has reduced the taxes from 10% to 2.5% on crude palm oil, and 2.5% from 7.5% on crude soy and sunflower oil. Moreover, the tax on refined grades of the three oils is reduced to 32.5%.

Sat, 11 Sep 2021 - 05:57 PM / by Brijesh Goswami

You May Like

Elon Musk, Jeff Bezos

Elon Musk, Jeff Bezos In Talks With India To Offer Satellite-Based High-Speed Broadband Internet

Amazon's Jeff Bezos and Starlink's Elon Musk are in separate talks with India’s Department of Telecom and Department of Space to allow them to start satellite-based internet connectivity services. Musk's Starlink has appointed Sanjay Bhargava as… read-more

TAGS: Elon Musk, Jeff Bezos, Starlink, Amazon, Internet Service Providers

SEBI and MobiKwik.

SEBI Allows MobiKwik To Launch IPO & Raise Rs 1,900 Cr Capital

Securities and Exchange Board of India (SEBI) has reportedly granted its approval to MobiKwik, a mobile wallet, to launch an IPO. Reportedly, the company will raise the capital up to Rs 1,900 core through the IPO of which Rs 1,500 crore would… read-more

TAGS: IPO, Mobikwik, SEBI, Share

Gold jewellery in a shop.

Gold Priced At Rs 47,970 Per 10 Gm; Silver Priced At Rs 63,200 a Kg

The price of Ten gram of 24-carat gold on October 15 reached Rs 47,970 following the hike by Rs 680. While Silver was at Rs 63,200 per kg. In Delhi, Mumbai, and Chennai, 10 gram of 22-carat gold was priced at Rs 46,840, 46,970, and 45,050… read-more

TAGS: JEWELLERY, Gold and Silver Price, 24-carat gold, India, Delhi

Petrol Pump

Oil Companies Hike Petrol & Diesel Prices; Mumbai Tops The Chart

The State-run oil refiners have again increased the petrol and diesel prices in India on October 6. In Delhi, the petrol price was hiked by 30 paise to Rs 102.64 per litre while diesel increased to Rs 91.42 per litre from Rs 91.07. Among the … read-more

TAGS: Petrol, Diesel, Price Hike, Fuel, Mumbai

Bitcoin

US Surpasses China To Become World's Biggest 'Bitcoin Miner'

The United States Of America has become the world's center for Bitcoin mining. The country accounted for 35.4 percent of the global hash rate, which is a measure used to extract the digital currency. According to reports, China's observed share… read-more

TAGS: Bitcoin, USA, China, US-China

D-Mart Mall.

Retail Chain D-Mart Registers 46.6% Growth In Q2 Revenue

The retail chain D-Mart by Avenue Supermarts Ltd has registered a 46.6% growth in its revenue for the second quarter in September 2021. The current revenue stands at Rs 7,649.64 crore compared to last year's Rs 5,218.15 crore in the same quarter… read-more

TAGS: Avenue Supermarts, D-Mart, revenue, Second Quarter