Business
GSTN Enables Functionality to Help GST Payers on ITC Eligibility
GSTN said that to bring the entire computation to taxpayers by way of showing each invoice filed by the suppliers and showing eligibility against each, this functionality has been developed.
Govt Permits Exports of Certain Non-woven Fabrics Used for Making Masks & Coveralls
However, export of melt blown fabric of any GSM (grams per square metre) continues to be banned.
Brazil greenlights human trials for J&J's potential COVID-19 vaccine
Brazil approved on Tuesday human clinical trials for a potential COVID19 vaccine developed by Johnson & Johnson, the fourth candidate to trial in the Latin American country that has become key to the global race for a vaccine.
U.S. activists complain that virtual shareholder meetings let companies silence them
Justin Danhof has used annual shareholder meetings to question companies on social issues for the last nine years.
U.S., Colombia to bring $5 billion in investment to rural areas
The United States and Colombia will work together to bring new investment to rural areas of the South American country, officials said on Monday, as Colombia's president reiterated support for the U.S. candidate to lead the InterAmerican Development Bank.
Rolling blackouts warning issued for 3 million California homes
The agency running California's power grid warned that millions of homes could be hit by rolling blackouts imposed on Monday to manage overwhelming energy demands caused by an extreme heat wave baking the state for a fourth straight day.
Oil lower as suppliers seek to hold promises on output cuts
Oil prices slipped on Tuesday, though they mostly held onto overnight gains after OPEC+ said the producer grouping is almost fully complying with output cuts to support prices amid a drop in demand for fuels due to the coronavirus pandemic.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery rose 88 cents to settle at $42.89 a barrel Monday. Brent crude oil for October delivery rose 57 cents to $45.37 a barrel.
G7 ministers to consider extending debt freeze for low-income countries - Treasury
Finance ministers from the Group of Seven rich countries on Monday noted improved economic conditions in their economies, but underscored their concerns about the debt problems facing lowincome countries, a U.S. Treasury spokesperson said.
RBI Lifts All Restrictions on Bandhan Bank after Promoter Pares Stake
The restrictions included seeking prior approvals for network expansion, and also freezing managing director and chief executive Chandra Shekhar Ghosh's remuneration.
Global Markets: Europe limps higher after China markets jump
Shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if a recent selloff in longerdated U.S. Treasuries would be extended and perhaps take some pressure off the dollar.
Oil steady as China's plans to boost U.S. imports counters tensions
Oil prices steadied on Monday as news that China planned to ship large volumes of U.S. crude in August and September countered rising tensions between the two countries and a delay in the review of their trade pact over the weekend.
Gold eases as investors await Fed minutes
Gold eased on Monday, extending a selloff that left the market with its worst week in five months as caution crept in ahead of the release of U.S. Federal Reserve minutes later this week.
Another quarantine must have? Houseplants, says The Sill CEO
It wasnt just toilet paper that people stocked up on during the pandemic. There was a run on houseplants, too.
As Canada curbs methane emissions, new measurements show problem bigger than thought
Reported greenhouse gas emissions from Canada's oilpatch have more than doubled in the year's first half as changes to how they are measured revealed a more extensive picture of environmental damage, previously unreported industry data show.
Peak Power Demand Declines Further to 5.65% in First Fortnight of August
Industry experts said that power demand has been stabilising since May this year following easing the lockdown by the government to boost commercial and industrial activities.