Category: Business
Petrol Price in Kolkata Holds Steady at ₹103.94 as Excise Duty Rises in 2025
Petrol prices in Kolkata remain at ₹103.94 per litre as of July 1, 2025, despite the central government's ₹2/litre excise duty hike in April. While global crude markets are volatile, steady tax and distribution policies have kept local prices stable.
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Bitcoin and Ethereum Prices Skyrocket: Regulatory Clarity and Institutional Support Boost Crypto Market
On August 5, 2024, Bitcoin and Ethereum saw substantial price increases driven by regulatory clarity and rising institutional interest. Bitcoin surged to $35,000, marking its highest in over a year, while Ethereum surpassed $2,000. The gains are linked to the upcoming Ethereum 'Shanghai' upgrade and growing support from major financial institutions like Goldman Sachs and JPMorgan.
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British Tech Mogul Mike Lynch Cleared in Major Fraud Case Involving Hewlett-Packard Acquisition
In a significant legal victory, British tech entrepreneur Mike Lynch has been cleared of all fraud charges tied to the $11 billion sale of his company Autonomy to Hewlett-Packard. The case revolved around accusations of financial manipulation to inflate Autonomy's value. The three-month trial concluded with the jury acquitting Lynch, marking an end to a decade-long legal saga.
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