Wall Street’s main indexes rose on Wednesday, boosted by a rebound in growth stocks as U.S. Treasury yields dipped, with sentiment bolstered by optimism around China’s moves to reopen its economy.Apple Inc and Microsoft Corp advanced over 0.6% each as U.S. 10-year Treasury yields slipped to 3.83% from 3.86% on Tuesday. Among the major S&P […]
The center revised the windfall tax on domestically produced crude oil, cutting the tax rate to Rs 4,100 per tonne from Rs 6,400 per tonne. During its last revision, the government scrapped the Special Additional Excise Duty (SAED) on export of diesel from Rs 0.5 per litre to nil which is to continue. The windfall […]