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Market News

Xiaomi unveils dramatic Redmi Smart Fire TV 4K series, featuring stunning displays, smart features, and unbeatable prices launching September 18.

Xiaomi unveils dramatic Redmi Smart Fire TV 4K series, featuring stunning displays, smart features, and unbeatable prices launching September 18.

Xiaomi has launched its Redmi Smart Fire TV 4K series in India, featuring two models: a 55-inch and a 43-inch. Both TVs offer vibrant 4K resolution and High Dynamic Range (HDR) for stunning picture quality. Priced at Rs 24,999 for the 43-inch and Rs 35,999 for the 55-inch model, they will be available from September ...

Market News

India scrapped minimum export prices on key commodities, aiming to boost farmer incomes and curb inflation before crucial elections.

India scrapped minimum export prices on key commodities, aiming to boost farmer incomes and curb inflation before crucial elections.

The Indian government recently made significant changes to its export policies to stabilize farm prices and manage inflation ahead of upcoming state elections in Haryana, Jharkhand, Jammu & Kashmir, and Maharashtra. Notably, the minimum export price on onions was eliminated, dropping from $550 per tonne. Additionally, the export duty on onions was reduced from 40% ...

Market News

India’s import tax hike on edible oils aims to support struggling farmers, dramatically impacting global prices amid election pressures.

India’s import tax hike on edible oils aims to support struggling farmers, dramatically impacting global prices amid election pressures.

India has increased import taxes on crude and refined edible oils by 20 percentage points to support local farmers facing low oilseed prices. This decision raises the total import duty on palm oil, soyoil, and sunflower oil to 27.5%, significantly impacting the prices of these oils and potentially reducing demand from overseas. The new duties ...

Market News

Stock markets face uncertainty as investors react to global trends and await crucial economic data, with oil prices hovering low.

Stock markets face uncertainty as investors react to global trends and await crucial economic data, with oil prices hovering low.

On Wednesday, September 11, 2024, India’s stock Market is set to open cautiously, following global trends. The Sensex and Nifty indices are expected to show mixed results, with GIFT Nifty futures down 5 points at 25,092. Investors are closely watching oil prices, which are nearing three-year lows, and the recent OPEC cuts in crude demand ...

Market News

Bavarian Nordic faces pressure to lower mpox vaccine prices as African nations struggle to afford costly shots amidst rising outbreaks.

Bavarian Nordic faces pressure to lower mpox vaccine prices as African nations struggle to afford costly shots amidst rising outbreaks.

Bavarian Nordic A/S’s mpox vaccine pricing is becoming a major hurdle in securing millions of doses for African nations facing health crises. With the price set at around $100 to $141 per dose, it far exceeds what many African countries can afford, especially given ongoing health challenges like cholera and malaria. As UNICEF and other ...

Market News

Home Prices Soar Amid Tight Supply and Falling Mortgage Rates in 2024

Home Prices Soar Amid Tight Supply and Falling Mortgage Rates in 2024

A recent Reuters poll suggests that average home prices in the U.S. are expected to rise by 5.4 percent in 2024, with further increases projected for the following years. The forecast is influenced by anticipated drops in mortgage rates, which could improve affordability for buyers. However, tight housing supply continues to pressure the Market, making ...

Market News

India’s Energy Market Soars: Prices Plummet Amid Renewable Revolution

India’s Energy Market Soars: Prices Plummet Amid Renewable Revolution

In August 2024, the Indian Energy Exchange (IEX) reported a significant rise in total trade volume, increasing by 35.8% year-on-year to reach 12,040 million units. Electricity trading also grew, with a 17.1% rise to 9,914 million units. The Market Clearing Price in the Day-Ahead Market dropped 38% to Rs 4.28 per unit, while the Real-Time ...

Market News

Maruti Suzuki Cuts Prices Amid Sales Decline of Mini Cars

Maruti Suzuki Cuts Prices Amid Sales Decline of Mini Cars

Maruti Suzuki India Limited (MSIL) has announced price cuts for specific variants of its popular mini cars, the Alto K10 and S-Presso, in response to declining sales. Effective from September 2, the prices have been reduced by up to Rs 6,500. In August, the company sold only 10,648 units of these models, marking a 12.8% ...

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