Four crore employees have actually registered themselves with e-shram portal, with maximum registrations from Odisha, West Bengal, Uttar Pradesh, Madhya Pradesh ...

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Last month, El Salvador became the first country to adopt bitcoin as legal tender alongside the U.S. dollar, which for years had served as the country's sole official currency....

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During the reporting week ended October 8, the increase in the reserves was on account of a boost in the Foreign Currency Assets (FCAs)...

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Opportunities galore are there in India for investors and industry stakeholders with the current reset in global supply chain, said Nirmala Sitharaman...

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Square Inc CEO Jack Dorsey said on Friday the fintech firm is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as businesses....

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Mr Amitabh Chaudhry's prolonged three-year term will work from January 1, 2022, according to a regulative filing by the bank to the stock exchanges ... Axis Bank MD and CEO Amitabh ChaudhryThe Reserve Bank of India (RBI) approved the re-appointment of Mr Amitabh Chaudhry as Managing Director and Chief Executive Officer (CEO) of leading personal lender - Axis Bank for a duration of three years. The prolonged three-year term will be effective from January 1, 2022, according to a regulative filing by the bank to the stock exchanges. The Reserve Bank of India vide its letter dated October 14, 2021, has approved the re-appointment of Amitabh Chaudhry as the Handling Director - CEO of the Bank, w.e.f. January 01, 2022 till December 31, 2024 (both days inclusive), said the bank's declaration. The board of Axis Bank cleared the extension of his tenure for a duration of 3 years, subject to regulative clearance.Axis Bank's board of directors consist of Mr Rakesh Makhija -Independent Director - Non Executive (Part-time) Chairman, Mr Amitabh Chaudhry- Handling Director - CEO, Mr S Vishvanathan- Independent Non-Executive Director, Ms Ketaki Bhagwati - Independent Non-Executive Director, and Mr Stephen Pagliuca - Nominee Director, according to Axis Bank's website.Mr Chaudhry was the MD and CEO of HDFC Standard Life Insurance Company prior to joining Axis Bank. The lender has actually likewise functioned as the Head of evaluating system of Infosys Technologies Limited and MD - CEO of Infosys BPO.On Thursday, October 14, shares of Axis Bank settled 0.98 per cent higher at Rs 802 each on the BSE. Axis Bank opened on the BSE at Rs 796.35, swinging to an intra day high of Rs 803.85 and an intra day low of Rs 788, throughout the trading session yesterday. Stock exchange were closed today on account of the Dussehra festival.

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Cars with greater fuel efficiency and low maintenance cost are expected to attract more buyers, says HSBC Global Research report...

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To provide the greatest level of security, the best crypto custodians often utilise a combination of hot and cold wallets ... Hot wallets are online wallets and stay linked to the Internet most of the timeYes, cryptocurrency is the talk of the town but there remains a lot to learn more about it. Just speaking, custody services are storage solutions for your cryptocurrency. This is a safe and secure storage for the much-valued property. Let's understand what cryptocurrency custody services are. From specialists to amateurs, if there's consensus on something about cryptocurrency, it's on the vulnerability of digital tokens. And, while there currently are numerous solutions, consisting of hot and cold wallets, to address the security issues, cryptocurrency custody companies take whatever a notch up. In easy terms, these are 3rd parties using storage and security for your digital tokens. Now, you must be wondering if they, too, use the same services as a crypto wallet does, what's the difference? While the wallets are for one and all, the cryptocurrency custody services are mainly intended for institutional financiers, including hedge funds, and those holding big amounts of bitcoin or other digital tokens.Hot wallets are online wallets and stay connected to the Web most of the time, making them vulnerable to hacks, while cold wallets store your crypto funds offline, which automatically makes them more safe and secure. According to a report in ULAM Labs, to provide the highest level of security, the best crypto custodians typically make use of a mix of cold and hot wallets.What's the most crucial thing to remember as far as the security of your crypto funds is concerned?Well, the primary responsibility, no matter how little or big your funds, is to secure your personal keys and backups. Not simply that, the private secrets and backs should be kept individually to secure them from any harm internally along with externally. Which's where expert crypto custodians might help a good deal. They release special security measures versus the d danger concerning the privacy, accessibility and integrity of the personal keys and their backups.

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Firms doing business as Tether agreed to pay $41 million to resolve CFTC charges they made misleading claims about Tether's cryptocurrency stablecoin...

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Prime Minister Narendra Modi on Friday said the recovery of India's economy after the difficult phase of Covid-19 pandemic has been robust....

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Petrol and Diesel Price Today: In the national capital, petrol prices were treked by 35 paise from Rs 105.49 per litre to Rs 105.84 per litre ...

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HDFC Bank Q2 FY22 Results: HDFC Bank, the country's largest private lender, reported a net earnings of Rs 8,834.3 crore on a standalone basis, marking a boost of 17.58 percent in the... HDFC Bank Q2 Revenues: Net earnings rose to 17.5 per cent in the September quarter HDFC Bank Q2 FY22 Results: HDFC Bank, the country's biggest personal lender, reported a net revenue of Rs 8,834.3 crore on a standalone basis, marking a boost of 17.58 percent in the July-September quarter from Rs 7,513.1 crore during the exact same period last year. The bank's overall income stood at Rs 38,754 crore, compared to Rs 36,069 crore in the year-ago period. On a sequential basis, the bank's standalone net revenue increased 14.29 percent, compared to Rs 7,729 crore reported at completion of the preceding April-June quarter in the financial year 2020-21. (Likewise Check Out: HDFC Bank Net Profit Rises 16% To Rs 7,729 Crore In first Quarter Of Present Fiscal )The bank's gross non-performing possession (NPA) stood at 1.35 percent of the gross advances (1.2 per cent leaving out NPAs in the farming section), compared to 1.47 per cent in the preceding June quarter, and 1.37 per cent in the year-ago period.HDFC Bank's net interest income - the difference between interest made and interest expended - grew 12.1 percent to Rs 17,684.4 crore, compared to Rs 15,776.4 crore in the year-ago duration, driven by advances growth of 15.5 percent, and a core net interest margin of 4.1 per cent.The bank's non-interest profits (other earnings) at Rs 7,600.8 crore was 29.5 percent of the net earnings and signed up a development of 21.5 per cent, compared to Rs 6,092.5 crore in the matching quarter of the previous fiscalOn Thursday, October 14, shares of HDFC Bank settled 2.86 percent higher at Rs 1,685.90 each on the BSE. Ahead of the quarterly results, the bank's shares rallied on Thursday to touch a 52-week high of Rs 1,690 throughout the trading session.

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Cryptocurrency exchange WazirX stated that it has actually locked around 14,500 user accounts throughout April 1 to September 30, 2021 together with a 100% compliance rate for law enforcement demands ... Presently, WazirX stated it has a total user base of 8.5 million.New Delhi: Cryptocurrency exchange WazirX said that it has locked around 14,500 user accounts during April 1 to September 30, 2021 along with a 100% compliance rate for law enforcement requests.In its very first 'Transparency Report' launched on October 11, the business specified, Our compliance rate for law enforcement requests has actually been 100% for over 377 demands. Far 14,469 accounts were locked by us from April 2021 to September 2021. 90% of these activities are user-driven (customer requested to close the account) and 10% are started by our legal team who had to lock the worried accounts due to payment disputes or ongoing investigation for LEA (police) cases. WazirX also pointed out that between the April and September duration, 38 compliance demands (out of 377) were from the foreign police agencies.Currently, the crypto exchange stated it has a total user base of 8.5 million with total trading volumes of $30 billion given that January 2021. Whenever the exchange notices circumstances of false KYC (Know Your Customer) or its platform being utilized for prohibited activities, the user is blacklisted and pertinent police are informed, it even more stated. Efforts such as the transparency report add reliability to the ecosystem and make the crypto world look more attractive to the outsiders. We aim to take a look at the bigger objectives like positive policies and consider ourselves as paving the way to it through ingenious methods, Nischal Shetty, CEO and creator, WazirX, said.The cyrpto dealing platform recently released its policy think tank, 'Blockchain Documents', which offers analysis and research study on the advancements in the decentralised blockchain ecosystem.Aritra Sarkhel, Director of Public Policy, WazirX, said, The report and the think tank is part of our efforts to bring more clarity and construct openness for our users and policy makers in India around whatever crypto.

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Avenue Suparmarts - owner and operator of retail chain DMart, reported a net earnings of Rs 418 crore on a consolidated basis, compared to Rs 199 crore in the corresponding month in 2015 ...

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Gas and Diesel Cost Today: In the national capital, fuel prices were treked by 35 paise from Rs 105.14 per litre to Rs 105.49 per litre while diesel rates were hiked from Rs 93.87 to Rs 94.22 ...

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Billionaire business owner Elon Musk stated in a tweet on Thursday he remained in talks with airline companies about setting up Starlink, a satellite-based broadband service owned by his rocket company SpaceX ... Elon Musk did not provide any information about the talks.New Delhi: Billionaire entrepreneur Elon Musk stated in a tweet on Thursday he remained in talks with airline companies about setting up Starlink, a satellite-based broadband service owned by his rocket company SpaceX.Musk, who is understood for his Twitter small talk, announcements and dynamic interactions with followers, did not supply any details about the talks in his tweet. It was not right away clear which airlines were approached or when setup would occur.Shares of in-flight internet service provider Gogo Inc fell to an intraday low of 5.7% before recouping some of the losses in afternoon trading.Starlink, the satellite web system of SpaceX, prepares to deploy 12,000 satellites. SpaceX has stated the Starlink constellation will cost it roughly $10 billion.It is among a growing number of business making little satellites that also consists of Amazon.com's Kuiper, Britain's OneWeb, endeavor capital-backed World, and Raytheon Technologies Corp's Blue Canyon Technologies.Musk currently helms business consisting of electric-car maker Tesla Inc, rocket startup SpaceX and Neuralink, a startup that is developing ultra-high bandwidth brain-machine interfaces to link the human brain to computers.(This story has actually not been modified by TheIndianSubcontinent personnel and is auto-generated from a syndicated feed.)

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India is competing against buyers such as China, the world's largest coal consumer, which is under pressure to ramp up imports amid a severe power crunch....

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The suspension is for 30 days, and during this duration, SpiceJet will not be enabled to carry unsafe items, including lithium-ion batteries, on its domestic along with international flights ...

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Bitcoin hit a six-month high on Friday, approaching the record hit in April, as traders became significantly confident that U.S. regulators would authorize the launch of an exchange-traded fund based on... Bitcoin increased nearly four per cent to as high as $59,664, its highest since mid-April. Bitcoin hit $60,000 for the very first time in six months on Friday, nearing its all-time high, as hopes grew that U.S. regulators would permit a futures-based exchange-traded fund (ETF), a relocation likely to open the path to larger investment in digital assets.Cryptocurrency investors have been waiting on approval of the first U.S. ETF for bitcoin, with bets on such a relocation fuelling its current rally.The world's biggest cryptocurrency rose 4.5 percent to its highest level since Apr. 17, and was last at $59,290. It has increased by majority considering that Sept. 20 and surrounding its record high of $64,895 struck in April.The U.S. Securities and Exchange Commission (SEC) is set to permit the first U.S. bitcoin futures ETF to begin trading next week, Bloomberg News reported on Thursday.Such a move would open a new course for investors to gain direct exposure to the emerging asset, traders and experts said. ETFs open a raft of avenues for individuals to get exposure, and there will be a quick move to these structures, said Charles Hayter, CEO of data company CryptoCompare, which tracks ETF items. It reduces the frictions for investors to acquire direct exposure and gives traditional funds room to utilize the possession for diversity purposes. Bitcoin's moves on Friday were spurred by a tweet from the SEC's financier education office advising financiers to weigh risks and advantages of buying funds that holds bitcoin futures agreements, said Ben Caselin of Asia-based crypto exchange AAX. Image Credit: ReutersSeveral fund managers, consisting of the VanEck Bitcoin Trust, ProShares, Invesco, Valkyrie and Galaxy Digital Funds have applied to introduce bitcoin ETFs in the United States.Crypto ETFs have introduced this year in Canada and Europe, growing in appeal in the middle of surging interest in digital assets.SEC Chair Gary Gensler has previously stated the crypto market includes many tokens which might be unregistered securities and leaves prices open to manipulation and countless financiers vulnerable to risks.Citing people familiar with the matter, the Bloomberg report stated propositions by ProShares and Invesco, based upon futures agreements, were submitted under mutual fund rules that Gensler has actually said provide considerable financier defenses . The SEC did not immediately respond to a request for comment on the report. It's one of the last frontiers for mandate access, said Joseph Edwards, head of research at crypto broker Enigma Securities. Plenty of Americans in particular have actually strings attached to how they release a great deal of their wealth. It allows bitcoin to get in on the sorts of windfall that keep U.S. equities as regularly strong as they are.

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Coal's share in India's electricity generation jumped to nearly 70 per cent during the first fifteen days of October, compared with an average of 66.5 per cent during the whole of September...

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The remarks from the top politician comes at a time when fuel and diesel costs in the nation have actually been on increasing spree in India, driven by a rise in global crude oil rates ...

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Financial services company Tala on Friday announced that it has raised $145 million in Series E fundraise led by artificial intelligence platform Upstart with involvement from the Excellent... Tala stated that its total financing now tops $350 million.New Delhi: Financial services company Tala on Friday revealed that it has raised $145 million in Series E fundraise led by expert system platform Upstart with participation from the Stellar Development Foundation. 'Series E' indicates that a business has, at a given point, gone through numerous funding rounds.Kindred Ventures, J. Safra Group, together with existing investors consisting of IVP, Revolution Growth, Lowercase Capital, and PayPal Ventures also signed up with the round, Tala stated. The total financing now tops $350 million, it added.The business stated it will use the financial investment to accelerate rollout of its brand-new monetary account experience and pull forward plans for both geographical and item growth, including crypto offerings. The company entered India in 2020 and pointed out that it has over half a million users. In addition to payments and savings, Tala's developed account will provide an expanded series of tailored credit options, consisting of longer-term loans and credit that can be configured to match clients' earnings cycles, it added.The monetary services company said it will also utilize the fresh funding to establish the very first mass-market crypto product for emerging markets, advancing a core pledge of digital currency environments by making more affordable and equitable monetary tools available to populations that can benefit the most from the crypto economy. Tala likewise said, The round will sustain the rollout of new mobile-first account services and crypto services for emerging markets, consisting of India. Upstart shares Tala's belief that technology is the crucial to open gain access to for the underserved, and we're delighted to support them in serving the next 1 billion individuals going into the monetary system, said Paul Gu, Co-Founder and Head of Product at Upstart.It also mentioned that as a part of the fundraise, Upstart's Gu and Denelle Dixon, CEO and Executive Director of the Stellar Advancement Structure, have actually joined Tala's board of directors. This Stellar Enterprise Fund investment represents our high confidence in Tala's technology, traction, and leadership-- supporting their development made best sense, said Dixon.Shivani Siroya, Founder and CEO, Tala said that the business has spent the previous seven years delivering critical and valued services in markets where the monetary system is basically broken for millions of people.

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The U.S Treasury Department stated the average quantity of reported ransomware transactions per month in 2021 was $102.3 million ...

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Reliance Brands Limited will get a 40 percent stake in brand 'Manish Malhotra' to speed up the 16-year old couture house's development in India and around the world ... Reliance Brands will obtain a 40 percent stake in Manish Malhotra's brandReliance Brands Limited (RBL) - part of the retail arm of billionaire Mukesh Ambani-owned Reliance Industries will get a 40 per cent stake in brand 'Manish Malhotra' to speed up the 16-year old couture home's growth in India and around the world. On Friday, October 15, Reliance Brands and Manish Malhotra announced a tactical collaboration as part of the offer, according to news firm ANI.Reliance Brands signed a conclusive agreement to invest in founder and creative director, Manish Malhotra's brand name - known for Indian craftsmanship, dynamic glamour, and dynamic designs for high-end luxury clothing.This is the very first external investment for Manish Malhotra's brand name, which has actually been privately held by the designer up until now. The brand will continue to be led by Manish Malhotra, as Handling and Creative Director after the collaboration with Reliance. Our strategic partnership with Manish Malhotra is anchored on our tremendous regard for his craft and our deep dedication to Indian art and culture. Being an entrepreneur, Manish the male behind the brand name, has always been active and ahead of his times, stated Ms Isha Ambani, Director, Reliance Retail Ventures Limited. Recognition and appreciation for Indian couture is at an inflexion point internationally and we are thrilled to partner in this journey with Manish, included Ms Ambani.Reliance said that the coming together of the nation's leading couture home and foremost luxury conglomerate intends to develop a business structure that sustains Manish Malhotra's legacy for generations to come.The Manish Malhotra brand has a significant cache of current and prospective customers throughout international style capitals and onward strategies consist of growth both in India and international markets, according to Reliance.Besides the physical retail expansion, the partnership is intended on creating an innovation foundation for the business, establishing phygital and experiential e-commerce chances. From the largest high-end couture stores in Delhi and Hyderabad; the launch of India's very first couture virtual shop; and redefining glamour at Indian weddings, I have always aimed to set criteria throughout the life of the brand name, said Manish Malhotra on the partnership. The collaboration with Reliance Brands was a natural decision for me, as it represents both Reliance's astute vision and the household's deep affinity for crafts and culture, included Mr Malhotra.

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Markets will remain closed on Friday on account of Dussehra festival events across the country. There will be no trading in equity, derivative and SLB (Securities Loaning and Borrowing)... Commodities trading will be closed between 9 am and 5 pm.New Delhi: Markets will remain closed on Friday on account of Dussehra festival events across the nation. Also, there will be no trading in equity, derivative and SLB (Securities Loaning and Borrowing) Segments, according to the BSE website.Commodities trading will be closed in between 9 am and 5 pm. It will start from 5 pm to 11.30 pm.The criteria BSE Sensex and broader NSE Nifty had climbed to new record highs on Wednesday, stretching their winning run to the fifth consecutive session, as financiers continued to lap up automobile, power and infra shares.After scaling a lifetime intraday high of 60,836.63 throughout the session, the 30-share Sensex had settled 453 points or 0.75 per cent greater at 60,737 - its all-time closing high.Nifty had actually rallied 170 points or 0.94 per cent to a new closing peak of 18,162. It had likewise touched an intra-day record of 18,198. Globally, Asian shares advanced on Friday, warmed by the coal of a strong day on Wall Street which also supported risk-friendly currencies and hurt the safe-haven yen, though fret about the Chinese economy topped gains.In currency markets, the US dollar rose again to a near-three- year high on the yen with one dollar purchasing 113.89 yen, the most considering that December 2018. The dollar index, which determines the greenback against a basket of currencies, was partially lower on the day, at 94.00 and set for its first weekly decline versus major peers given that the start of last month, having lost a little ground on sterling and the euro.Brent crude rose 0.58% to $84.50 per barrel, approaching a three-year high hit Monday.

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The structured debt offer is against an affordable real estate project, Transformation One. It has taken Kotak Real estate Fund's total commitment to around Rs 800 crore across 5 jobs in Chennai and... Kotak first bought Alliance Group's property task in 2016Chennai-based property firm Alliance Group has actually raised around Rs 165 crore from Kotak Real estate Fund against an ongoing residential task in Chennai.The structured debt deal is against a budget-friendly housing project, Revolution One. It has taken Kotak Real estate Fund's total dedication to around Rs 800 crore across 5 jobs in Chennai and Hyderabad.Alliance Group's task on Old Mahabalipuram Roadway is spread across 12.5 acres and has 4,000 systems priced at Rs. 30-55 lakh eachWe closed 2 handle Kotak during the pandemic and broadened our relationship to the Hyderabad market too. The most recent round of funding was used to provide an exit to Indostar, Alliance Group chairman Manoj Namburu said.Kotak initially invested in Alliance Group's property task in 2016, from its $400 million fund raised from Abu Dhabi Financial Investment Authority in 2014. The group presently has 20,000 houses under different phases of building and construction and prepares to construct 50,000 systems over the next 3 years. There are a great deal of tailwinds, but having a strong monetary partner assists us expand quickly. There is always an opportunity in diversity, stated Namburu.The company is likewise in talks with institutional funds for a warehousing platform area, apart from increasing its footprint in the commercial sector.This story is offered by India PR Circulation. ANI will not be responsible in any method for the material of this short article.

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HDFC Bank - the nation's biggest private lender will reveal its July-September quarter results for the fiscal year 2021-22 tomorrow, Saturday (October 16)... HDFC Bank Q2 Results will be revealed tomorrowHDFC Bank, the nation's biggest private lending institution will announce its July-September quarter results for the financial year 2021-22 tomorrow - Saturday (October 16). The bank reported better-than-expected credit growth of 15 per cent year-on-year was primarily driven by the re-acceleration in retail development, according to leading brokerage and financial services business Emkay Global Financial Providers in its recent report. HDFC Bank's property quality is likely to enhance in the second quarter of thee existing fiscal, according to the report. The bank's deposit growth was consistent at 14 per cent year-on-year and CASA deposit development was more powerful at 29 per cent year-on-year - which is an advancement most likely seen across big banks, partly gaining from the Reserve Bank of India's directive to preserve current accounts with the primary lender. The CASA ratio remains high at 47 percent, included Emkay Global's report and together with velocity in retail loans, HDFC Bank's is likely to report much better margins sequentially in the upcoming quarterly outcomes. The central bank lifted the sanction on HDFC Bank's charge card service in August 2021. Ever since, the bank has issued over 4 lakh credit cards after the bank was lifted.HDFC Bank's stock has underperformed, according to Emkay Global, due to the cumulative effect of the management modification, allegations around misconduct in car organization, pandemic-induced/asset quality disturbance and the credit card company restriction by the RBI.But, the-accelerating retail credit development, lifting of the restriction on the credit card service and anticipated moderation in NPA formation must bring relief, said Emkay Global in its report.Currently, Emkay Global has preserved a 'Purchase' score on the stock with a target price of Rs 1,850, provided its tested performance history in handling asset quality across cycles, strong capital profile and providing superior return ratios.On Thursday, October 14, shares of HDFC Bank settled 2.86 per cent greater at Rs 1,685.90 on the BSE. Ahead of the earnings statements, shares of HDFC Bank rallied on Thursday to touch a 52-week high of Rs 1,690.

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Petrol and diesel prices continued to increase on Friday, October 15, following a surge in global crude oil rates ... In Mumbai, petrol rate moved 34 paise higher to cost Rs 111.09 per litre.Petrol, Diesel Cost Today: Petrol and diesel rates continued to increase on Friday, October 15, following a surge in global petroleum rates. In the national capital, fuel and diesel rates jumped 35 paise to cost Rs 105.14 and Rs 93.87 per litre respectively, according to Indian Oil Corporation. The rates were last increased by 35 paise on Thursday.In Mumbai, petrol rate moved 34 paise greater to cost Rs 111.09 per litre, while diesel rates surged 38 paise to cost Rs 101.78 per litre. Among the 4 metro cities, fuel rates are the highest in Mumbai, according to the state-run oil refiner. The rates differ across the states due to value-added tax or VAT.Also Read: How To Examine Newest Petrol And Diesel Rates In Your City Here are the fuel and diesel price throughout the metro cities: State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum modify the fuel rates every day, by taking into consideration the petroleum prices in the international markets, and the rupee-dollar currency exchange rate. Any modifications in fuel and diesel costs are carried out with impact from 6 am every day.Globally, Brent crude increased 0.58% to $84.50 per barrel, approaching a three-year high hit on Monday.

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