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Nayara Energy has announced an increase in fuel prices, raising petrol rates by Rs 5 and diesel by Rs 3 per litre. This decision comes in response to climbing international crude oil costs. Notably, Nayara had previously reduced prices for the first time in two years as global tensions subsided.
Investors have the option to leverage their shares in a demat account for borrowing, providing them access to immediate cash flow. The borrowing capacity hinges on the type of securities held and the lender's guidelines. It's vital for borrowers to grasp the risks associated with fluctuating share prices and the consequences of defaults. Additionally, understanding tax implications and benefits remains crucial, alongside meticulously reviewing the loan's terms before commitment.
In this case of tenancy, the property owner’s counsel argued that the alleged unregistered rental agreement could not be admitted as evidence to establish the tenant's claim. The argument was that the owner’s brother himself occupied the premises only through 'permissive possession'. Therefore, he had no authority to let it out to another person.
In a significant announcement, Sebi chairman Tuhin Kanta Pandey revealed transformative changes to the Closing Auction Session mechanism. This initiative is driven by the feedback of over 3,500 participants who responded to the consultation paper. Apart from updating settlement prices for index and stock derivatives, Sebi aims to invigorate the corporate bond derivatives market, fostering both participation and support for regulatory practices.
The shop owner said that deposited cash had come from sales generated by his pharmacy and had been properly recorded for in the concerned business books. To support his explanation, he submitted an audited balance sheet, VAT (value-added tax) returns and sample sales invoices. The Assessing Officer (AO), however, did not accept his account.