The government has reduced the windfall profit tax levied on domestically-produced crude oil as well as on the export of diesel and ATF, in line with softening international oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 1,900 per tonne from Rs 2,100 per tonne, the order dated January 16, said. Crude oil pumped out of the ground and from below the seabed is refined and converted into fuel like petrol, diesel and aviation turbine fuel (ATF).
Since the 1900 Olympic Games in Paris, India has won 28 medals in total, and 23 since its Independence in 1947.
HDFC Bank Q1FY24 results analysis: Shares of HDFC Bank, the world's seventh largest financial entity, have advanced 2 per cent in two days, as against 1 per cent rise in the benchmark S&P BSE Sensex, after the lender reported its April-June quarter (Q1) results for financial year 2023-24 (FY24) on July 17. The S&P BSE Bankex index, meanwhile, has gained 1.3 per cent. While the near-term stock performance may remain sideways due to merger-related hiccups, analysts remain bullish on the stock's long-term prospects.
The first T20 game between India and New Zealand will be held in Jaipur beginning 1900 IST.
The gau rakshak stated that the famine-stricken people were suffering because of their past karma and nothing could be done for them. The reply apparently infuriated Vivekananda, who told the gau rakshak bluntly that he had no sympathy to spare for societies which would not lift a finger to help human beings but wasted piles of food on birds and beasts. A fascinating excerpt from Govind Krishnan V's book, Vivekananda The Philosopher of Freedom.
One of the refugees managed to contact the Rohingya Human Rights Initiative and give the coordinates which showed the ship drifting southeast of the Andaman Islands towards Aceh in Indonesia.
Kolkata trams -- now in their 150th year -- are the last to survive modernity in Indian cities, writes Ishita Ayan Dutt.
Maharashtra Chief Minister Eknath Shinde on Wednesday said Memorandums of Understanding worth Rs 1.37 lakh crore have been signed at the World Economic Forum (WEF) annual meeting in Davos in Switzerland and termed it as a "big achievement". This will generate employment for one lakh people, said Shinde, who was in Davos to seek investments in Maharashtra. "The MoUs will not remain just on paper," he said, adding that foreign investors have shown trust and faith in the state government.
The third and the final T20 game between India and Sri Lanka will be played at the R Premadasa stadium in Colombo starting 1900 IST today.
During the raids, Rs 53 lakh, $1,900, about 540 grams of gold and bullion and 1.5 kg of gold jewellery were seized, sources in agency said and added that one of the locations searched was a house in south Delhi where Lalu Prasad Yadav's son and Bihar Deputy Chief Minister Tejashwi Yadav was present.
MobiKwik employees exercised their ESOPs (Employee stock ownership) in a recently opened window by selling part of their shares in a secondary sale. "The secondary round was led by ex-Blackstone India head, Mathew Cyriac, who topped up his holding at almost double of his previous price," the sources said.
The first of the three T20I games between India and Sri Lanka will be played at the R Premadasa stadium in Colombo starting 1900 IST today.
Amritpal Singh and others are on the run and a massive manhunt has been launched to nab them, a police spokesperson said.
Believed to be of archaeological importance, the object was found in the Dikshit South area of Mohenjo-daro after a downpour on August 3, the Dawn newspaper reported.
Modi accused previous governments of not providing people with facilities that were available to people elsewhere in the world even in the 20th century and in Gujarat a few years back.
Sector regulator Trai on Tuesday directed telecom operators to "immediately" enable port out SMS facility for all mobile users requiring it, irrespective of value of their tariff offer, vouchers, or plans they have opted for. Trai's stern missive on smooth network portability, assumes significance as Reliance Jio had recently written to the regulator complaining that the new tariff structure of Vodafone Idea (VIL) allegedly restricts entry-level customers to port out their mobile number from its network. Telecom Regulatory Authority of India (TRAI) has taken a strong note of telecom service companies not providing outgoing SMS facility in certain prepaid vouchers.
Cricket Australia have targeted the inclusion of the sport at the 2032 Brisbane Olympics as part of a strategic plan to expand participation and maintain the game's position at the heart of the country's sporting culture.
The second T20 game between India and Sri Lanka will be played at the R Premadasa stadium in Colombo starting 1900 IST today.
Make sure that the person you are buying the plot from is the rightful owner.
The Assam government on Tuesday began clearing nearly 1,900 hectares of forest and government land in Sonitpur district, affecting 12,000-odd people who were allegedly staying there illegally for decades, a senior official said.
Thapar, 60, was arrested under the Prevention of Money Laundering Act (PMLA) on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai, they said. He is expected to be produced before a court on Wednesday where the ED will seek his custody, they added. The ED has been probing an alleged transaction between his company Avantha Realty, Yes Bank co-founder Rana Kapoor and his wife, who are already being investigated under the PMLA by the agency.
The US has ordered Tata-group owned Air India to pay a whopping $121.5 million as refunds and $1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said. Air India is among the six airlines that have agreed to cough up a total of over $600 million as refunds, the US Department of Transportation said on Monday. Air India's policy of "refund on request" is contrary to the Department of Transportation policy, which mandates air carriers to legally refund tickets in the case of cancellation or change in flight, officials said.
In response to questions about scheduling, Mauresmo said men's matches have more 'appeal'.
The drive met with opposition in Tinsukia in upper Assam leading to lathicharge by the security forces, while in Sonitpur the alleged illegal settlers claimed that it was launched about a week before the stipulated date.
A yellow glow is likely to stand out amid grey geopolitical clouds in 2023, with gold price projected to touch Rs 60,000 per 10 grams in the Indian market as more investors veer towards safe-haven assets. In a year where volatility was more a norm than an exception, gold prices in the international market oscillated from a peak of $2,070 per ounce in March to a low of $1,616 per ounce in November and is steadily recovering since then, according to market experts. At the beginning of 2022, gold prices were around $1,800 an ounce.
Meta Platforms Inc, the parent company of WhatsApp, will partner with Reliance JioMart for a service where WhatsApp users can buy groceries on the messaging platform from the Indian retail firm. Mark Zuckerberg, chief executive officer (CEO) of Meta Platforms, said in a Facebook post, "[I am] Excited to launch our partnership with JioMart in India. "This is our first-ever end-to-end shopping experience on WhatsApp--people can now buy groceries from JioMart right in a chat." "Business messaging is an area with real momentum and chat-based experiences like this will be the go-to way people and businesses communicate in the years to come," he said in an announcement coinciding with the annual general Meeting (AGM) of Reliance Industries the parent company of JioMart.
The ED had launched raids on Friday at multiple locations linked to Prasad's family members including that of his son and Bihar Deputy Chief Minister Tejashwi Yadav in Delhi.
Five days after the devastating earthquake in northwestern China, rescuers on Monday pulled out a four-year-old girl and an elderly Tibetan woman alive under the rubble of a collapsed building, even as the death toll rose to 1,944.
The breakfast scheme for government school students from class 1 to 5 was launched in Madurai on Thursday by Tamil Nadu Chief Minister M K Stalin who served and ate the food along with the children.
Brazil are pre-tournament favourites to win a record-extending sixth title.
Boxing and weightlifting federations were given 18 months time to set their house in order to be considered for the 2028 Games.
Women have been getting the short stick at major tournaments.
The government has cancelled the FCRA registration of nearly 1,900 NGOs for violating various provisions of the law in the last five years. There were 22,762 FCRA-registered organisations till December-end 2021.
Ajit Balakrishnan offers lessons from another tech revolution not so long ago.
Ninety-five per cent of samples from Delhi sequenced at the National Centre for Disease Control in the last six months were found infected with the Delta variant of the coronavirus, government data showed.
'Partition was a two-sided story in a very big way.' 'We've oversimplified it, blamed the British, thought of ourselves only as victims.' 'We've been both victims and perpetrators.'
Ultra-long term equity investments have been a lot more rewarding than debt, a study published by Credit Suisse Research Institute in collaboration with London Business School shows. "Over the last 121 years, global equities have provided an annualised real return (in dollar terms) of 5.3 per cent versus 2.1 per cent for bonds," shows the study, which has looked at returns for 23 countries since 1900. In the Indian context, equity returns are even more favourable. Since 1953, equities have generated annualised returns of 6.5 per cent and government bonds only 0.4 per cent.
India would start their campaign in the Asia Cup T20 Championship by taking on hosts Bangladesh in the tournament-opener at the Sher-E-Bangla Stadium in Mirpur on February 24, according to the event schedule released on Monday. The eagerly awaited high-octane clash between India and Pakistan is slated three days later, on February 27, at the same venue. India's subsequent fixtures are slated against defending champions Sri Lanka (March 1) and a qualifier, from amongst Afghanistan, UAE, Oman and Hong Kong, on March 3.
The three companies have been issued observations by the watchdog, according to the update on the processing status of draft offer documents as on October 8. An observation letter is mandatory for an initial share sale. In Sebi parlance, the issuance of observations implies its go-ahead for the IPO. One Mobikwik Systems Ltd is a leading mobile wallet (MobiKwik Wallet) and Buy Now Pay Later (BNPL) player in India.
Kapoor is already facing an ED criminal case for receiving alleged kickbacks, through companies purportedly controlled by his family, for going slow on bad loans extended by his bank to some big corporate.
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