GST levy and hike in platform fees is set to make food delivery more expensive in the coming days. Zomato, Swiggy and magicpin have recently raised their platform fees, just ahead of the festive season.Add to that: the cost of ordering food online is likely to rise further after the 18% GST on delivery charges,…
Eight key members of the OPEC+ alliance announced plans to raise oil production again, in a move analysts view as an effort to secure a larger share of the global crude market.The “Voluntary Eight” (V8) – Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, on Sunday said that they would increase…
India and Israel are set to sign a Bilateral Investment Treaty (BIT) during the visit of Israel’s finance minister Bezalel Smotrich later this week, in what is being seen as a step towards laying the groundwork for a free trade agreement (FTA), according to sources.Smotrich will be in India from 8 to 10 September on…
Urban households in India are set to embrace e-commerce like never before this festive season, with a new LocalCircles report predicting a sharp rise in online shopping. The findings suggest that recent GST rate changes have helped boost consumer confidence just ahead of the spending rush.The study, ‘How Urban Indian Households Will Spend During Festive…