Author: Deshwale Business Desk

Larsen & Toubro (L&T) has secured its largest-ever contract, valued at up to ₹15,000 crore, from QatarEnergy for a massive liquefied natural gas (LNG) expansion project. This deal marks a major milestone for the Indian engineering giant, further strengthening its presence in the global hydrocarbon sector. The contract, awarded to L&T’s hydrocarbon division, involves engineering, procurement, and construction (EPC) work for QatarEnergy’s North Field Expansion Project. This initiative is a crucial part of Qatar’s ambitious plan to boost its LNG production from 77 million tonnes per year to 126 million tonnes by 2027. The project will involve the construction of…

ક્રૂડ તેલ, નેચરલ ગેસ, કોટન-ખાંડી, મેન્થા તેલના વાયદાઓમાં સાર્વત્રિક વૃદ્ધિઃ કોમોડિટી વાયદાઓમાં રૂ. 14505.57 કરોડ અને કોમોડિટી ઓપ્શન્સમાં રૂ. 90811.47 કરોડનું ટર્નઓવરઃ સોના-ચાંદીના વાયદાઓમાં રૂ. 10985.60 કરોડનાં કામકાજઃ બુલિયન ઇન્ડેક્સ બુલડેક્સ વાયદો 20938 પોઇન્ટના સ્તરે દેશના અગ્રણી કોમોડિટી ડેરિવેટિવ્ઝ એક્સચેન્જ એમસીએક્સ પર વિવિધ કોમોડિટી વાયદા, ઓપ્શન્સ અને ઇન્ડેક્સ ફ્યુચર્સમાં રૂ. 105324.16 કરોડનું ટર્નઓવર નોંધાયું હતું. કોમોડિટી વાયદાઓમાં રૂ. 14505.57 કરોડનાં કામકાજ થયાં હતાં. કોમોડિટી ઓપ્શન્સમાં રૂ. 90811.47 કરોડનું નોશનલ ટર્નઓવર નોંધાયું હતું. બુલિયન ઇન્ડેક્સ બુલડેક્સ એપ્રિલ વાયદો 20938 પોઇન્ટના સ્તરે હતો. કોમોડિટી ઓપ્શન્સમાં કુલ પ્રીમિયમ ટર્નઓવર રૂ. 684.08 કરોડનું થયું હતું. કીમતી ધાતુઓમાં સોના-ચાંદીના વાયદાઓમાં રૂ. 10985.60 કરોડનાં કામકાજ થયાં…

CRUDEOIL Apr-25 futures contract gains by 1.13% : Bullion Index MCXBULLDEX Apr-25 futures reaches at 20938: MCX records turnover of Rs.14505.57 crores in Commodity Futures & Rs.90811.47 crores in Options India’s leading commodity derivatives exchange, Multi Commodity Exchange (MCX) has recorded turnover of Rs.105324.16 crores in various futures & option contracts for commodities listed at MCX on 26 March 2025 till 5:30 pm. In which commodity futures accounted for Rs. 14505.57 crores and options on commodity futures for Rs. 90811.47 crores (notional). Bullion Index MCXBULLDEX Apr-25 futures was reached at 20938. Commodity Future Contracts: Bullion: In precious metals, Turnover of…

Kinetic Green has launched a limited-period Assured Buyback Offer for its electric two-wheeler, E-Luna. This industry-first initiative ensures a guaranteed ₹36,000 buyback after three years of ownership, with unlimited kilometre coverage under the scheme. A new benchmark in EV resale value One of the major concerns for electric vehicle (EV) buyers is the resale value. Kinetic Green’s latest offer directly addresses this by providing a fixed buyback amount, regardless of usage. This move highlights the company’s confidence in the durability and reliability of its electric two-wheelers. Enhancing EV adoption and customer confidence Speaking on the initiative, Sulajja Firodia Motwani, CEO…

India and the United States have launched a crucial round of trade negotiations, focusing on tariff reductions and improved market access. The three-day discussions aim to strike a balance between protecting domestic industries and expanding trade opportunities for both nations. India is considering reducing tariffs on $23 billion worth of US imports, covering sectors such as agriculture, chemicals, and industrial goods. In exchange, it seeks to secure protection for $66 billion in exports, including textiles, pharmaceuticals, and automotive products. The negotiations aim to stabilise trade relations and prevent new tariff hikes that could disrupt economic ties. The United States is…

GOLD Apr-25 futures contract gains by 0.48% and SILVER May-25 futures contract gains by 0.84%, while CRUDEOIL Apr-25 futures contract gains by 0.86% : Bullion Index MCXBULLDEX Apr-25 futures reaches at 20880 India’s leading commodity derivatives exchange, Multi Commodity Exchange (MCX) has recorded turnover of Rs.56675.61 crores in various futures & option contracts for commodities listed at MCX on 25 March 2025 till 4:00 pm. In which commodity futures accounted for Rs. 9166.29 crores and options on commodity futures for Rs. 47507.42 crores (notional). Bullion Index MCXBULLDEX Apr-25 futures was reached at 20880. Commodity Future Contracts: Bullion: In precious metals,…

નેચરલ ગેસ, કોટન-ખાંડીના વાયદામાં વૃદ્ધિઃ મેન્થા તેલ વાયદામાં નરમાઈઃ કોમોડિટી વાયદાઓમાં રૂ. 9166 કરોડ અને કોમોડિટી ઓપ્શન્સમાં રૂ. 47507 કરોડનું ટર્નઓવરઃ સોના-ચાંદીના વાયદાઓમાં રૂ. 6639 કરોડનાં કામકાજઃ બુલિયન ઇન્ડેક્સ બુલડેક્સ વાયદો 20880 પોઇન્ટના સ્તરે દેશના અગ્રણી કોમોડિટી ડેરિવેટિવ્ઝ એક્સચેન્જ એમસીએક્સ પર વિવિધ કોમોડિટી વાયદા, ઓપ્શન્સ અને ઇન્ડેક્સ ફ્યુચર્સમાં રૂ. 56675.61 કરોડનું ટર્નઓવર નોંધાયું હતું. કોમોડિટી વાયદાઓમાં રૂ. 9166.29 કરોડનાં કામકાજ થયાં હતાં. કોમોડિટી ઓપ્શન્સમાં રૂ. 47507.42 કરોડનું નોશનલ ટર્નઓવર નોંધાયું હતું. બુલિયન ઇન્ડેક્સ બુલડેક્સ એપ્રિલ વાયદો 20880 પોઇન્ટના સ્તરે પહોંચ્યો હતો. કોમોડિટી ઓપ્શન્સમાં કુલ પ્રીમિયમ ટર્નઓવર રૂ. 432.41 કરોડનું થયું હતું. કીમતી ધાતુઓમાં સોના-ચાંદીના વાયદાઓમાં રૂ. 6639.24 કરોડનાં કામકાજ થયાં…

Boosting digital payments and financial inclusion The Union Cabinet has approved a ₹1,500 crore incentive scheme for the financial year 2024–25 to encourage low-value BHIM-UPI transactions among small merchants. This move aims to enhance digital payments adoption, particularly in rural and semi-urban areas, and further solidify India’s position as a global leader in real-time digital transactions. Key highlights of the BHIM-UPI incentive scheme 1. Zero MDR on small transactions The scheme ensures that Merchants Discount Rate (MDR) remains at zero for transactions up to ₹2,000. This means merchants will not be charged any fee for accepting small-value UPI payments, making…

India has announced plans to abolish the 6% equalisation levy on digital advertising services, commonly known as the “Google Tax.” The removal, set to take effect from April 1, 2024, is part of amendments introduced in the Finance Bill, 2024. This decision is expected to ease tax burdens on global tech companies and address long-standing trade concerns with the United States. The equalisation levy was introduced in 2016 to tax foreign digital service providers earning revenue from Indian businesses without a physical presence in the country. Initially applied to online advertising services, the levy was later expanded in 2020 to…

Suzuki Motorcycle India has unveiled the 2025 editions of its popular scooters, the Avenis and Burgman Street, featuring vibrant new colour options and engines that comply with the latest OBD-2B emission standards. Avenis: What’s New? The 2025 Suzuki Avenis retains its sporty design but now boasts an updated 124.3 cc single-cylinder engine that meets OBD-2B norms. This engine delivers 8.5 hp and 10 Nm of torque. A notable addition is the Special Edition variant, priced at ₹94,000 (ex-showroom), featuring a dual-tone Metallic Matte Black No. 2 with Matte Titanium Silver paint scheme and a distinctive burgundy seat. The standard Avenis…