India exports bananas worth Rs 619 cr during 2020-21

“India’s banana export has been rising sharply because of adoption of farm practices as per the global standards,” the Ministry said in a statement.India’s banana export is expected to continue its growth this year in terms of volume as well as value. A total of 1.91 lakh tonne worth Rs 619 crore has been exported […]

India keeps base import price of palm oil, soyoil unchanged

AgenciesRepresentative ImageIndia kept the base import prices of palm oil and soybean oil unchanged for a fortnight, the government said in a statement late Tuesday, even as prices of the cooking oils fell sharply in the global market. The government revises base import prices of edible oils, gold, and silver every fortnight and the price […]

Bitcoin Prepares for Next Move, Ethereum and Altcoins Correct Lower

Bitcoin price settled above the USD 39,500 and USD 40,000 levels. However, BTC is facing hurdles near the USD 41,000 and USD 41,200 levels. It is currently (04:32 UTC) consolidating gains and it could correct gains towards the USD 38,500 support. Besides, most major altcoins are correcting gains. ETH failed to clear the USD 2,600 […]

Peloton owners warned of a new security risk: hacks

New York (CNN Business)Peloton users are being warned of a new security threat relating to the touchscreen on their Bike+ that could potentially be controlled by hackers. In a report released Wednesday, cybersecurity company McAfee discovered a vulnerability that allows hackers to access Peloton’s bike screen and potentially spy on riders using its microphone and […]

Exclusive: JPMorgan is calling for reforms to stop racial bias in housing

New York (CNN Business)JPMorgan Chase is throwing its considerable weight behind efforts to root out racial bias in the appraisal of homes in America. As part of a new bank-wide commitment to fight housing inequality, JPMorgan (JPM) is for the first time outlining specific legislation that can fight appraisal bias, backing the study of innovative […]

Cheer over Boeing, Airbus deal belies cracks in EU, U.S. trade relationship

WASHINGTON, June 16 (Reuters) – A deal for a five-year ceasefire in a U.S. and EU dispute over aircraft subsidies on Tuesday reflected progress, but the underlying trade relationship remains fragile with many unresolved disagreements, diplomats and trade experts said. The two economic powers agreed to set aside tariffs on $11.5 billion in U.S. and […]

US officials propose $25 million fine against Air Canada over airfare refunds

(CNN Business)US officials are seeking a $25 million fine from Air Canada, accusing the airline of failing to provide timely refunds to more than 5,000 passengers during the coronavirus pandemic. The formal complaint is the first enforcement action that the Department of Transportation has announced against an airline since the pandemic upended the travel industry […]

Tell Us the Altcoins You Want to Delist, Regulator Orders Korean Exchanges

Source: Adobe/megaflopp The top South Korean financial regulator has demands to know about crypto exchanges’ token delisting policies and wants to compile a list of high-risk altcoins – in a move likely connected to the trading platform Upbit’s recent decision to delist up to 30 tokens. According to Asia Kyungjae, the Financial Services Commission (FSC) […]