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Karera Madhya Pradesh Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates

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Karera MP Assembly Election 2023 Details: The election for Karera Assembly Constituency in Madhya Pradesh will be held on November 17 this year. The final date of voting and result were known after the formal announcement by the Election Commission of India. Here are the important details of the Karera Constituency Assembly Election 2023 that you should know. Karera Constituency Madhya Pradesh Assembly Election 2023: Voting Date November 17 is the date of voting for the Karera Assembly Constituency Election 2023 as announced by the Election Commission of India. Karera Constituency Madhya Pradesh Election 2023: Candidates List Bharatiya Janta Party …

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Petrol and diesel price July 15: Maharashtra fuel rates cut; Check prices in Delhi, Mumbai, other cities here

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Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The prices of petrol and diesel on Friday, July 15, were left untouched by OMCs for most of the country except Maharashtra. The new state government of Maharashtra announced a cut in value-added tax (VAT) on petrol by Rs 5 a litre and by Rs 3 a litre for diesel, a move that will cost the state exchequer Rs 6,000 crore on an annual basis. For the rest of the country, the prices have held steady for nearly two months. The last reduction in prices came after Finance Minister …

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ATF prices cut: Aviation turbine fuel price slashed by 2.2%

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Aviation turbine fuel (ATF) prices were reduced by Rs 3,084.94 per kilolitre or 2.2% on Saturday following a reduction in international oil prices. ATF now costs Rs 1,38,147.93 per kilolitre in Delhi, the latest price notification by state-run fuel retailers showed. The price has slipped to Rs 1,37,095.74 per kilolitre in Mumbai, Rs 1,43,212.24 per kilolitre in Chennai and Rs 1,44,575.71 per kilolitre in Kolkata. ATF constitutes almost 40% of the operating cost of an airline. This is only the second occasion when the rates have been slashed this year. Prices of ATF were reduced on June 1 as well, …

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Rupee may depreciate further this week amid strong dollar, risk aversion in markets, consistent FII outflows

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By Raj Deepak Singh Rupee depreciated in the last week reaching new record low amid strong dollar and risk aversion in the global markets. Further, rupee skid on persistent FII outflows and on fears that economies may tumble into recession. Furthermore, India’s CPI data showed inflation remained above 7% for a third consecutive month and stayed higher than RBI’s comfort zone. Dollar index rallied amid expectations that US Federal Reserve will hike rates faster than its peers to tackle soaring inflation. Further, dollar advances on risk aversion in the global markets and hawkish statement from a Fed official. Further, world …

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Asian shares mixed after China says growth weakened in 2Q

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Share prices were mixed in Asia on Friday after China reported its economy contracted by 2.6% in the last quarter as virus shutdowns kept businesses closed and people at home. U.S. futures and oil prices edged higher. The Shanghai Composite index lost 0.8% to 3,254.74. Australia’s S&P/ASX 200 dropped 0.8% to 6,596.90 and the Hang Seng in Hong Kong declined 1.9% to 20,347.96. Official data showed the Chinese economy shrank by 2.6% compared with the January-March period’s already weak quarter-on-quarter rate of 1.4%. Compared with a year earlier, which can hide recent fluctuations, growth slid to a weak 0.4% from …

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HUL Q1 results preview: Profit, income to jump on-year but margins to be under pressure despite price hike

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Hindustan Unilever (HUL) will report its quarterly earnings tomorrow, where analysts expect the FMCG major to report an on-year growth in revenue and net profits, however, margins are projected to remain under pressure. The growth in revenue will be backed by a price hike undertaken by the company and growth in volume, which will in turn aid the net profit. However, with raw material prices continuing to remain elevated, margins are likely to take a hit. HUL is an FMCG major selling foods, beverages, cleaning agents, personal care products, water purifiers, and other fast-moving consumer goods. The share price of …

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US Stocks: Wall Street climbs as investors trim bets on supersized rate hike

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U.S. stocks climbed on Friday as upbeat retail sales data allayed some concerns about an imminent recession, while investors scaled back bets of a supersized interest rate hike this month after comments from Federal Reserve policymakers. The benchmark S&P 500 and the blue-chip Dow rose after a five-day run of losses, which were mostly fanned by worries of a 100 basis points rate hike at the July policy meeting following hot inflation data. Two of the Fed’s most hawkish policymakers on Thursday said they favored another 75 bps rate increase this month. “The debate of a rate hike of a …

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BSE’s Ashishkumar Chauhan to be next NSE MD, CEO; SEBI gives go-ahead

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BSE Ltd’s Managing Director and Chief Executive Officer Ashishkumar Chauhan is tipped to be the next CEO of the bigger rival National Stock Exchange, after markets regulator SEBI cleared his name per latest reports. According to PTI, the Securities and Exchange Board of India has cleared Ashishkumar Chauhan’s name for the top job at NSE. It should be noted that, Chauhan’s current tenure as BSE CEO would end in November this year. This would be his second stint at the NSE, which he had helped in founding back in 1990s. Buzz is that the BSE has already started the hunt …

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Despite high cane dues, sugarcane sowing up 4% in UP

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Uttar Pradesh, the country’s largest sugarcane producer, is expected to see another bumper crop in the coming season. The total area under sugarcane cultivation is estimated to be up by 3-4% year-on-year. According to industry sources, there is a continuous uptick in sugarcane planting for the 2022-23 (October-September) season, with higher cane prices providing the incentive for farmers to grow the crop instead of paddy and wheat. As per data, the state is estimated to have upward of 2.93 million hectare of land under sugarcane cultivation in 2022-23, against 2.84 million hectare in 2021-2022 season. The total area under cane …

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