Russia turns to India for gasoline as Ukrainian strikes hit refineries

Parthenium hysterophorus, a weed from Mexico, entered India hidden in American wheat decades ago. This invasive plant now chokes roadsides and fields, spreading rapidly across the nation. Its pollen causes severe allergic reactions and respiratory problems in many people. The weed also suppresses crop growth and reduces fodder productivity for livestock. Biological control using a…

HDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by ten basis points. HDFC’s new rates became effective from August seventh for various tenors. Bank of Baroda’s revised rate will take effect from August twelfth. The banks are adjusting their marginal cost of…

The government is expected to permit a Merchant Discount Rate (MDR) of between 0.25% and 0.4% on UPI transactions above Rs 2,000 made to businesses, while person-to-person payments are likely to remain outside the scope of the proposed levy. The proposal is not expected to affect routine purchases such as milk, vegetables, groceries or payments…