Edible oil duty cut may ease input costs for biscuit, noodle and snack makers BENGALURU: The cut in edible oil import duties could ease costs for makers of biscuits, noodles and fried snacks, but cheaper packs may not follow immediately. Analysts said the benefit would take time to flow through to manufacturers, with companies likely…
Consumer durables get costlier: Blue Star raises AC prices by 8%, others plan hikes NEW DELHI: Festive shopping for a new fridge or air-conditioner is set to cost more, with consumer durable makers raising prices as higher component and freight costs, compounded by shipping delays, squeeze margins.Blue Star has raised air-conditioner prices by 8%, managing…
US-Iran talks, crude prices, bond yields to drive investor sentiment NEW DELHI: Investors will focus on geopolitical developments, crude oil prices, bond yields and macroeconomic data announcements to determine market trends during the holiday-shortened week ahead, analysts said.According to experts, the US-Iran diplomatic talks and crude oil prices will drive global market sentiment.“Globally, developments around…
Introducing MDR on UPI merchant payments could help expand its use for cross-border transactions, says JP Morgan executive. MUMBAI: The introduction of merchant fees on UPI transactions could help expand its use in cross-border payments by giving merchants an alternative that remains cheaper than cards and cash, said Max Neukirchen, co-head of JP Morgan Global…
Apple is highlighting advanced heart-health readings on its Watch in India as smartwatch shipments decline but health-focused demand grows. NEW DELHI: Apple is putting more detailed heart-health readings at the centre of its Watch pitch in India, where overall smartwatch shipments are declining but demand for advanced models is growing.Eric Jue, director of Apple Watch…
Baking powder is one of those ingredients that can remain in the kitchen cupboard for months and can still look the same. But even when it looks fine, it may not work as well as it once did. Once opened, baking powder can slowly lose its strength, especially when exposed to heat or moisture. Old…
Students protesting outside Lovely Professional University clashed with police and set vehicles on fire, in Phagwara on Sunday. NEW DELHI: Punjab Police deployed more than 2,000 personnel at Lovely Professional University (LPU) after student protests over an alleged rape case turned violent on Sunday, with senior officers saying the situation had been brought under control.ADGP…
Some workplace disputes fizzle out quietly with a settlement nobody hears about. This one isn’t shaping up to be one of them. According to The Independent, the case could end up delivering the largest payout a British employment tribunal has ever handed down. At the centre of it is Shannon Burns, a former vice-president of…
Bank unions withdraw three-day strike after late-night agreement with IBA on key demands. NEW DELHI: Bank unions called off their proposed three-day strike just before midnight after the Indian Banks Association agreed to look into their demands.“A high-level committee of IBA and UFBU (United Forum of Bank Unions) will be formed immediately to deliberate on…
Mumbai: The 10-member committee probing the circumstances surrounding the death of IIT-B student Sahil Wakode has sought a week’s extension from the institute’s board of governors. Sources said the request had been granted and the panel had submitted a detailed plan to the institute’s authorities. “We cannot complete the entire investigation in a week. For…