With tur (arhar) sowing down by almost 11.6 per cent this kharif season, the Centre on Friday asked states and Union Territories (UTs) to ensure that stockists and traders disclose quantities of tur dal held by them. The output was down owing to the late onset of monsoon in major-growing states … Read more
Edible oil imports rose 31 per cent to 12.05 lakh tonnes in July amid a fall in global prices of palm, soyabean and sunflower oils since June, according to industry data. The import of edible oils stood at 9.17 lakh tonnes in the same month last year. In … Read more
US and European stocks rose on Friday as investors weighed early signs that inflation was steadying with concerns over the global economic outlook. The blue-chip S&P 500 gained 0.3 per cent at the open in New York and the technology-heavy Nasdaq moved up 0.5 per cent, recouping some of the falls of the previous session. … Read more
Aviva plans to return more cash to shareholders, the British insurer said as it posted a better-than-expected 14% rise in first-half operating profit, sending its shares to the top of the FTSE 100 gainers on Wednesday. Activist investor Cevian Capital, which holds 6% of Aviva’s shares and has called on it to boost payouts, declined … Read more
Masks are back in the national capital, bringing back memories of the Covid-19 wave that kept the country on its toes for a large part of the last two years. After the test positivity rate crossed 17 per cent in Delhi and over 5.7 per cent of its hospital beds were occupied, the city … Read more
New You can now listen to Insurance Journal articles! The volume of claims litigation in Florida rose in June then declined in July by almost the same amount. But the share of cases that are assignment-of-benefits claims rose to the highest level since early 2021, a litigation management software firm reported. For Florida’s 16 largest … Read more
The supply of coal to electricity generating plants increased by 17.09 per cent to 58.45 million tonnes in July due to rise in power demand, the government data said. The government in the last few months has taken various measures to ensure adequate availability of coal for power stations. The total coal … Read more
Breadcrumb Trail Links PMN Business Author of the article: Article content NEW YORK — Benchmark U.S. Treasury yields hit a more than two-week high on Thursday as investors bet the U.S. Federal Reserve will press on hiking rates as inflation remains high, even though price pressures are showing signs of abating. Data on Thursday showed … Read more
Average buy-to-let (BTL) rates for some typical two-year fixed rate deals favoured by landlords have doubled since the start of the year, according to the latest data from Property Master. Property Master’s Mortgage Tracker, which follows 30 lenders, found that the average rate for a typical £160,000 BTL mortgage fixed for two years for a … Read more
The average monthly cost of repaying a mortgage has climbed by 56% in the last decade, with a further 8% increase forecast by the end of the year, according to the latest data from Revolution Brokers. Data found that based on the average UK house price of £278,071, minus a 15% deposit of £41,711, UK … Read more