NEW DELHI: Global benchmark Brent crude fell to a three-week low on Tuesday, amid renewed optimism over reopening of Strait of Hormuz, after senior US officials indicated that a deal with Iran could be possible.Brent was trading below the $80-a-barrel mark (9.15 pm) on Tuesday, its lowest level since July 13, down almost 5% in…
Suriya recalls financial crisis during ‘Karuppu’ release, says, ‘Jyothika was trusting me and allowing me to take the risk of loans’ Actor Suriya has opened up about the challenges he faced during the release of his comeback movie ‘Karuppu’.Although the fantasy action film eventually turned into a commercial success, its journey to theatres was far…
BENGALURU: Diageo-owned United Spirits has moved Bombay high court against a Food Safety and Standards Authority of India (FSSAI) order concerning McDowell’s No. 1 Rum manufactured at its Baramati plant.The company disclosed the legal challenge on Tuesday, days after the food regulator barred the sale of certain rum and whisky products made by United Spirits…
Centre introduces Taxation and Other Laws (Amendment) Bill in Lok Sabha, proposes fresh tax exemptions, investment-friendly reforms NEW DELHI: FM Nirmala Sitharaman on Tuesday moved the Taxational and Other Laws (Amendment) Bill, proposing fresh steps to woo overseas investors and fund managers into the country, while offering predictability to electronics goods makers and component suppliers.The…
The World Gold Council wants gold classified as a strategic mineral MUMBAI: World Gold Council has come out with a 21-year plan to substantially improve the gold ecosystem in India. The plan, christened Swarnim Udaan and aligned with govt’s Viksit Bharat 2047 vision, aims to build on the strengths that have long distinguished India globally…
‘Jana Nayagan’ box office collections day 13: Thalapathy Vijay’s film drops 45.5% on Tuesday; crosses 300 crore worldwide Thalapathy Vijay‘s ‘Jana Nayagan’ has achieved another major milestone at the box office. The action drama has crossed the Rs 300 crore mark worldwide after completing 13 days in theatres.Jana Nayagan Movie Review According to Sacnilk, the…
MUMBAI: Govt on Tuesday opted to sell an additional 4% in LIC in the ongoing offer for sale (OFS) for the life insurance major as the issue was subscribed 3.3 times on the opening day. Including the green shoe option that takes the total offer size to 82.2 crore shares, govt is expected to mop…
MUMBAI: India’s payment industry has long been calling for higher subsidies or a controlled introduction of merchant discount rate (MDR) to recover transaction costs. The decision to allow MDR or higher value business payments will help to turn many business models sustainable and thereby increase competition in an industry that is currently a near duopoly…
The promotional campaign for ‘Batwara 1947’ has picked up its pace with actress Preity Zinta joining leading man Sunny Deol for promotions ahead of the film’s theatrical release on August 14.In photographs and videos from the promotional event, Sunny Deol and Preity Zinta posed together for the media, leaving fans nostalgic and excited to see…
India’s Rohit Sharma (ANI Photo) Former India cricketer Mohammed Kaif believes Rohit Sharma has made up his mind not to retire from ODI cricket on his own and will instead leave it to the selectors to decide when his journey with the national team should end. Rohit’s future has been under intense scrutiny since India’s…