Explained: What are EU’s fresh sanctions on Russia? Here’s what they mean

The European Union unveiled its 18th package of sanctions against Russia, aiming to further squeeze Moscow’s oil revenues and financial networks over its ongoing war in Ukraine. Approved on Friday, the new measures include a series of toughened restrictions focused largely on the energy sector, shipping, and financial dealings.Here’s a what the latest sanctions include:…

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Codex recognition: India’s millet standards praised at Rome meet; fresh date, turmeric norms also advanced

India’s global leadership in food safety and standard-setting received a boost at the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88), with its millet grain standards earning praise at the high-level gathering held in Rome from July 14 to 18.According to an official statement, the international forum acknowledged India’s efforts in spearheading the…

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HDFC Bank first-ever 1:1 bonus issue: Bank announces Rs 5 special dividend; here’s what it means for investors

HDFC Bank on Saturday declared its first-ever bonus issue, approving a 1:1 allotment ratio under which shareholders will receive one fully paid-up equity share of face value Rs 1 for every one equity share held. This marks a historic first for India’s largest private sector lender since its inception.The bank’s board has fixed Wednesday, August…

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