LPG price cut by ₹10 per cylinder

After raising cooking gas prices by ₹125 per cylinder last month, state-owned oil firms on Wednesday announced a ₹10 per cylinder cut in LPG rates on softening international oil prices. A 14.2-kg LPG cylinder — both for subsidised and market price users — will cost ₹809 from April 1 as […]

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Swiss Central Bank Keeps Negative Rates Unchanged

Switzerland’s central bank retained its negative interest rate and softened its view on the currency market interventions given the recent fall in the Swiss franc against the euro. Policymakers of the Swiss National Bank retained the policy rate and interest on sight deposits at the SNB at -0.75 percent, as […]

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How not to panic about inflation

Do you remember Wall Street’s great inflation scare of 2010-2011? It’s an episode worth revisiting, because there’s a good chance that we’ll see a replay over the next year or so. After the 2008 financial crisis plunged America into a deep recession, both the new Obama administration and the Federal […]

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Adobe Systems Q1 Results Beat Street View; Lifts FY Outlook

Adobe Systems Inc. (ADBE), Tuesday reported a profit and revenues for the first quarter that trumped Wall Street estimates. Moving ahead, the enterprise software maker lifted its full-year 2021 financial guidance. San Jose, California-based Adobe’s first-quarter profit rose to $1.26 billion or $2.61 per share from $955 million or $1.96 […]

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