Business - News Prakash

Oil price rise and markets fall after us seizure of ship hits iran peace deal hopes

newsprakash1@gmail.com2 weeks ago2 weeks ago13 mins

Oil prices surged nearly 6% after the U.S. seized an Iranian tanker in the Strait of Hormuz, sparking fears of shipping disruptions and undermining hopes for a peace deal with Tehran. Global markets reacted negatively, with investor sentiment shaken by escalating tensions. Oil Price Impact Market Reaction 2,295.93 +9.53 (0.42%) Today1D5D1M1Y5YMax10:00 AM12:00 PM2:00 PM4:00 PM2,2682,2772,2862,2952,3042,286.40 High2,311.36…

“Fuel crisis” in world..

newsprakash1@gmail.com3 weeks ago3 weeks ago02 mins

⛽Main causes Effects of the crisis💸 Rising pricesPetrol and diesel prices have increased in many countries.Transportation and electricity costs go up.🌾 Food inflationFuel is essential for farming and transport.Higher fuel costs → higher food prices.⚡ Energy shortagesSome countries experience blackouts or fuel rationing.🌍 Economic pressureDeveloping countries (including parts of Africa) are hit hardest due to…

What are Oil Futures?

newsprakash1@gmail.com1 month ago1 month ago01 mins

Oil futures are financial contracts that allow participants to buy or sell a specific quantity of oil at a predetermined price on a future date. These contracts serve as an agreement between the buyer and the seller to facilitate the delivery of oil or the cash settlement of the contract at the expiration date.Oil futures…

Amul cuts prices after GST rate revision: From ghee, paneer to butter – Check what will get cheaper

newsprakash1@gmail.com8 months ago8 months ago04 mins

Here are the revised prices —Butter – Prices have been reduced from ₹62 per 100 gm to ₹58.Ghee – ₹610 per litre from ₹650 per litre, a ₹40 price cut.Cheese block – ₹545 per kg from ₹575 per kg, ₹30 reduction.Paneer – 200g of paneer will cost ₹95 from 22 September, a reduction from the…

TDS & TCS Revised Rate for FY 2025-26

newsprakash1@gmail.com11 months ago11 months ago027 mins

What is TDS? TDS is a tax collection mechanism wherein tax is collected at the point of generation of income itself. The person who is making the payment is responsible for deducting the tax while making the payment, called deductor. The person receiving the payment is called deductee. There are different rates at which TDS…