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Category: Business

Business

Prices of commercial cylinders, FTL hiked

Posted on June 1, 2026 By admin
Prices of commercial cylinders, FTL hiked

Commercial LPG cylinder delivery workers unload cylinders from truck at a distribution centre. File | Photo Credit: The Hindu Oil Marketing companies on Monday (June 1, 2026) hiked the price of 19-kg commercial cylinder by ₹42. The prices of 5-kg FTL had also been hiked by ₹11. The increase will be effective from Monday (June…

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Business

Outgoing U.S. Federal Reserve chair Powell delivers defense of Fed independence

Posted on June 1, 2026 By admin
Outgoing U.S. Federal Reserve chair Powell delivers defense of Fed independence

Caroline Kennedy and her son, Jack Schlossberg, present the 2026 John F. Kennedy Profile in Courage Award to Federal Reserve Board Governor and former chair, Jerome Powell, at the John F. Kennedy Presidential Library and Museum in Boston on May 31, 2026 | Photo Credit: Reuters Outgoing U.S. Federal Reserve chair Jerome Powell on Sunday…

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Business

Oil prices rise more than 2% as Israel steps up incursion into Lebanon

Posted on June 1, 2026 By admin
Oil prices rise more than 2% as Israel steps up incursion into Lebanon

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Oil prices rose more than 2% in early trading on Monday (June 1, 2026) after Israel ordered ​troops to move further into Lebanon in the battle with the Iranian-backed Hezbollah militant ‌group, despite a ceasefire announced more than six weeks ago. U.S. ​crude futures…

Read More “Oil prices rise more than 2% as Israel steps up incursion into Lebanon” »

Business

What is changing for UPI and LPG from June 1, 2026? Everything to know

Posted on May 31, 2026 By admin
What is changing for UPI and LPG from June 1, 2026? Everything to know

New rules for Unified Payment Interface(UPI) and Liquid Petroleum Gas (LPG) come into effect from Monday, June 1, 2026.  These changes are expected to have deep impacts on the ways your finances and household expenses are managed.  Here is what has changed:  UPI  Biometric and two-factor prompts for high-value transactions In order to protect from…

Read More “What is changing for UPI and LPG from June 1, 2026? Everything to know” »

Business

India, U.S. chief negotiators to hold four-day trade talks from June 1

Posted on May 31, 2026 By admin
India, U.S. chief negotiators to hold four-day trade talks from June 1

The chief negotiators of the U.S. and India will begin four-day talks in New Delhi on Monday (June 1, 2026) on finalising the details of the interim trade pact, whose framework was agreed upon in February. The U.S. team will be led by its chief negotiator Brendan Lynch. India’s chief negotiator is Darpan Jain, who…

Read More “India, U.S. chief negotiators to hold four-day trade talks from June 1” »

Business

Power Minister pushes for timely settlement of West Bengal State-depts’ dues, shift to prepaid metering

Posted on May 31, 2026 By admin
Power Minister pushes for timely settlement of West Bengal State-depts’ dues, shift to prepaid metering

Union Minister Manohar Lal with West Bengal Chief MInister Suvendu Adhikari. FIle | Photo Credit: PTI During his recent visit to West Bengal, Union Minister for Power Manohar Lal called upon varied government department of the State for timely clearing up their pending dues, further seeking they transition to prepaid meters, sources privy to the…

Read More “Power Minister pushes for timely settlement of West Bengal State-depts’ dues, shift to prepaid metering” »

Business

West Asia conflict to impact SAIL steel prices marginally: Official

Posted on May 31, 2026 By admin
West Asia conflict to impact SAIL steel prices marginally: Official

In times of crisis, the availability of raw materials is crucial rather than their cost, for uninterrupted operations, said the Chairman of SAIL. File | Photo Credit: Reuters State-owned SAIL expects the ongoing West Asia crisis to have only a marginal impact on its steel prices and is establishing alternative shipping routes to ensure the…

Read More “West Asia conflict to impact SAIL steel prices marginally: Official” »

Business

Government revises fuel export levies for fortnight beginning June 1, domestic rates unchanged

Posted on May 31, 2026 By admin
Government revises fuel export levies for fortnight beginning June 1, domestic rates unchanged

A scene at a petrol bunk in New Delhi. Central government has revised export levies on petrol, diesel and aviation turbine fuel (ATF) for the fortnight beginning June 1. Centre has left excise duty rates on petrol and diesel sold in the domestic market unchanged. | Photo Credit: Sushil Kumar Verma The Central government has…

Read More “Government revises fuel export levies for fortnight beginning June 1, domestic rates unchanged” »

Business

Mixed bag for precious metals in May: Gold price dips, silver rises

Posted on May 31, 2026 By admin
Mixed bag for precious metals in May: Gold price dips, silver rises

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto It was a mixed bag for precious metals in May. While gold prices lost sheen in May and slid to a 2-month low before recovering towards the end of the month, silver managed to hold ground. The uncertainty around the conflict in West Asia…

Read More “Mixed bag for precious metals in May: Gold price dips, silver rises” »

Business

Home loan benefits for women

Posted on May 31, 2026 By admin
Home loan benefits for women

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The lending ecosystem – banks/HFCs, regulator and the Government – have over the last decade unveiled several sops to encourage the participation of women borrowers in formal credit, particularly in home ownership. From preferential interest rates to tax and stamp duty benefits, these sops…

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Business

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