On Wednesday, the UAE ordered a four-month suspension in exports and re-exports of wheat and wheat flour originating from India following a decision taken last week. Other countries which are importing wheat from India are putting in place a similar dispensation.


Flying could soon get more expensive. Oil marketing companies on Thursday hiked aviation turbine fuel (ATF) by 16.3% which now, for instance costs an all-time high of Rs 1.41 lakh per kilo litre (kl, or 1,000 litres) in Delhi.

Cosmetics maker Revlon Inc filed for Chapter 11 bankruptcy protection on Wednesday after struggling to compete with online-focused upstart brands in recent years.

Billionaire investor Rakesh Jhunjhunwala-backed Akasa Air has taken delivery of the first of the 72 ordered Boeing 737 MAX in Seattle.

Soon, a person sending photograph of a wrongly parked vehicle may get a reward of Rs 500 in case the fine works out to be Rs 1,000, union road transport and highways minister Nitin Gadkari said on Thursday.

The retail businesses across India witnessed a growth of 24 per cent in May this year against the pre-pandemic level of the same month in 2019, according to industry body RAI.


The Reserve Bank of India (RBI) on Thursday lifted restrictions on Mastercard Asia and allowed it to add new customers to its network. In an order on July 14, 2021, the central bank had imposed restrictions on Mastercard Asia / Pacific Pte from on-boarding new domestic customers (debit, credit or prepaid) onto its card network for non-compliance with RBI’s norms on storage of payment system data.

In a multi-tranched funding round, ShareChat has raised $255 million from Google, Times Group and existing investors at $5 billion valuation, adding to the $266M raised earlier in December 2021. Since 2021, ShareChat has cumulatively raised $1.2 billion and acquired MX TakaTak.

PAYING your taxes can take a big chunk out of your income, and so many will be keen to check they are being charged the right amount.
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