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The GST on cab lease services may get cheaper to 18 per cent from 28 per cent. Tax on stationery items, stones used for flooring (other than marble and granite), diesel engine parts and pump parts has been cut to 18 per cent from 28 per cent.
  • May attacks Sadiq Khan for putting jobs of Uber drivers in danger

    May attacks Sadiq Khan for putting jobs of Uber drivers in danger

    Money

    Transport Commissioner Mike Brown is hence set to meet with Mr. Khosrowshahi on Tuesday at a specific request of London mayor Sadiq Khan. "There can be no place in our society for firms that fail to deal with serious criminal events, potentially leaving women customers at risk; nor for companies that do not have public safety to the fore".
  • Commodities: Brent hits YTD high as Turkey threatens Kurdish oil exports

    Commodities: Brent hits YTD high as Turkey threatens Kurdish oil exports

    Money

    It's good news for an industry that suffered from three years of oversupply and the effects of a wrenching price collapse, from more than $100 a barrel in mid-2014 to below $40 by the end of 2015. The average price of Oman oil for October delivery increased $2.76 to touch $50.39 per barrel. He said Brent futures got an additional boost in late trade when Nigeria's oil minister said in Vienna that his country, which OPEC had exempted from the output cuts, was actually pumping less crude ...
  • Chicago sues Equifax over massive data breach

    Chicago sues Equifax over massive data breach

    Money

    Would Alanis Morissette consider it "ironic" that a company that sells credit monitoring products put so many consumers at risk with a data breach ? He has been CEO at Equifax for a dozen years, receiving millions of dollars in bonuses and stock and option awards.
  • Global community must step up Rohingya aid — United Nations official

    Global community must step up Rohingya aid — United Nations official

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    More than 420,000 Rohingya have fled to Bangladesh since August 25. But co-existence among the collage of ethnicities in Myanmar's Rakhine state has been ruptured-perhaps irreversibly-by the bloodshed of the last month. Most Rohingya are stateless. Grandi said he was thankful that Bangladesh's government had kept its borders open for the terrified Rohingya "in a world that has often turned hostile to refugees".
  • Trump lashes out at rally against McCain's GOP bill opposition

    Trump lashes out at rally against McCain's GOP bill opposition

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    McCain said he "cannot in good conscience" vote for the bill put forward by Sens. "Repeal and replace, because John McCain , if you look at his campaign, was all about repeal and replace, repeal and replace". KODJAK: So in July, when the Senate was considering previous versions of the health care bill, McCain cast the deciding vote that killed that attempt.
  • USA markets recover after Fed swoon

    USA markets recover after Fed swoon

    Money

    The Nasdaq Composite .IXIC dropped 5.28 points, or 0.08 percent, to 6,456.04, with Apple Inc AAPL.O as its biggest drag. Financials were also pressured, with the sub-index edging down 0.57 percent. " Donald Trump's comments overnight in regards to North Korea have certainly added a bid to the precious complex, but all in all very quiet ahead of the (Fed statement)", a trader told reports.
  • Fed quietly opens the final chapter of its crisis-era bonds policy

    Fed quietly opens the final chapter of its crisis-era bonds policy

    Money

    After the financial collapse of 2007-2009, the Fed enacted bond-buying measures to prevent America's largest banks from failing. USA central bank leaders are expected to hold the key interest rate steady this week, but they may begin trimming a huge bond-buying program that was meant to boost economic growth.
  • Dollar Remains at 1-Week Lows After Downbeat US Data

    Dollar Remains at 1-Week Lows After Downbeat US Data

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    One can buy on dips with a stop loss below Rs 29,380 for a pullback. Ahead of the event, the dollar held onto gains after creeping higher overnight, with the greenback trading near an eight-week high. Santos is down 0.9 percent, Woodside Petroleum is losing 1 percent and Oil Search is declining more than 1 percent. The two-year swap rate rose 2 basis point to 2.24 percent while 10-year swaps rose 2 basis points to 3.25 percent.
  • Gold Prices Edge Higher Ahead of Fed Meeting

    Gold Prices Edge Higher Ahead of Fed Meeting

    Money

    And there's the political item: Will President Trump reappoint her? She said the Fed would adjust its policymaking if it thought the causes of low inflation had become permanent. The question of when and how the Fed will manipulate its main policy lever - its target for short-term rates - in coming months is less clear. The Fed had reduced its benchmark interest rate to near zero, Blinder says.
  • Metals: Gold Prices Inch Lower Ahead of Fed Meeting

    Metals: Gold Prices Inch Lower Ahead of Fed Meeting

    Money

    At 9:39 a.m. ET (9:39 p.m. Singapore time), the Dow Jones Industrial Average was up 33.52 points, or 0.15 per cent, at 22,301.86, the S&P 500 was up 4.44 points, or 0.17 per cent, at 2,504.67 and the Nasdaq Composite was up 18.27 points, or 0.28 per cent, at 6,466.74.