As oil marketing companies (OMCs) stare at huge under-recoveries, India is facing fuel shortage across the country with states like Rajasthan, Madhya Pradesh, Karnataka Uttarakhand, Gujarat and Haryana being the worst hit. The under-recoveries suffered by OMCs are around Rs 20-25 a litre for diesel and Rs 14-18 a litre for petrol, said sources. Government and state-run companies denied reports of any crisis or supply-side issues on the availability of fuel.
With rail fares already being hiked...what will the Budget offer aam-jaanta?
In an effort to provide some help to over 10,000 children who lost both their parents to Covid-19, the Supreme Court on Wednesday directed all state governments to reach out to those kids and pay them compensation.
Narayanan said while there would be some redundancies as a result of integration of the back-end functions of Myntra and Jabong, it will, however, be less than 10 per cent of the overall headcount
The Bansals losing out operational control of Flipkart comes at a time when global rival Amazon, in which Tiger Global holds a minority stake, is stepping up investment in India in an attempt to overtake the Bengaluru-based e-commerce firm.
'There will be partnerships between banks and fintech firms, but there will also be areas where they will be direct competitors.'
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Uttar Pradesh Deputy Chief Minister and former state BJP president Keshav Prasad Maurya had also dropped a hint in a recent tweet, saying Yaduvanshi (Yadavs), Ravidasiyo (Jatavs) and Pasmanda Muslims will be brought closer to the BJP so that the lotus 'blossoms' in every booth in UP.
The plea has been filed by the Centre in a PIL, which was earlier instituted by lawyer Gaurav Kumar Bansal, saying it may not be desirable to continue the process of ex gratia payment without any outer limit.
It is important to do a small skin test before buying colours for Holi. Natural colours would wash off with water without leaving any marks
Many factors like women, caste combination, education qualification, age and performance of the legislators will be taken into consideration before the formation of the Yogi government 2.0, sources said on Thursday. Several rounds of meetings have taken place within the party after the poll results came out on March 10.
Amid speculation about the agreement to be the chief minister of the state just for two-and-a-half years, Baghel said, "The high command instructed me to take the oath (as chief minister), so I took the oath. When they will say someone else will be the chief minister, then it will be so. Such agreements happen in a coalition government."
The Delhi high court on Tuesday dismissed the pleas moved by Future Group companies seeking a direction to the arbitration tribunal, which is adjudicating on Amazon's objections against their deal with Reliance, to take a decision on their application for the termination of the arbitration proceedings before moving any further. "Both the petitions are dismissed," said Justice Amit Bansal, who had reserved the order on the petitions filed by Future Coupons Private Limited (FCPL) and Future Retail Limited (FRL) on January 3. The judge said the orders would be uploaded on the website of the high court shortly.
The apex court said this while dealing with an application filed by the Assam which had sought a clarification whether each of the children of the deceased parents would be provided ex-gratia payment of Rs 50,000, in case there is more than one child.
Gearing up for the assembly polls next year, the Congress on Wednesday constituted the election committee for Uttar Pradesh, which includes state unit chief Ajay Kumar Lallu and former Union ministers Salman Khurshid, Rajeev Shukla and R P N Singh.
Shivani Shinde reports. The youngest member of the Tata group, the much-awaited Tata Neu, has finally been launched for people across the country. The 'super app' offers a number of services ranging from financial services to tech, travel and even groceries. The app takes off with a customer base of 120 million, with 2,500 offline stores. According to the Tata group, the app will be a one-stop destination for all consumer needs. The super app also offers a bouquet of financial offers like Unified Payments Interface (UPI), bill payments, loans and insurance. Tata Neu will also provide other services like fashion, gadgets, groceries, travel and health.
E-commerce platform Snapdeal has filed preliminary documents with markets regulator Sebi to raise funds through an initial public offer (IPO), joining the league of internet-led businesses looking to list on domestic stock exchanges. The public issue comprises fresh issuance of equity shares worth Rs 1,250 crore and an offer for sale (OFS) of 3.07 crore equity shares, according to the draft red herring prospectus (DRHP). According to market sources, potential listing could value Snapdeal at about $1.5-1.7 billion.
Future Retail and its promoters have filed appeals before the division bench of the Delhi high court challenging the order passed on Tuesday that dismissed the Group's petitions for termination of the Amazon arbitration. The Delhi high court on Tuesday dismissed the pleas moved by Future Group companies seeking a direction to the arbitration tribunal, adjudicating Amazon's objections against Future Group's deal with Reliance, to take a decision on their application for terminating the arbitration proceedings before moving any further.
The tragic replay of events at the house of Bansal, Former Director General Corporate Affairs, in East Delhi's Neelkanth Apartments came to light when the family's maid entered the flat through an "unlocked door" around 9 am.
The Supreme Court Monday said no state should deny the ex-gratia compensation of Rs 50,000, as recommended by National Disaster Management Authority (NDMA), to the kin of persons who died of COVID-19 on the sole ground that death certificate does not mention it as the cause of death.
Post-mortems of 16 more suspected hooch victims were conducted here in the last two days, raising their number to 87, but authorities on Wednesday kept the official death toll in tragedy pegged at 35.
A bench of Justices MR Shah and BV Nagarathna said the nodal officer to ensure all eligible claimants apply for ex-gratia compensation.
While Prime Minister Narendra Modi and Bharatiya Janata Party president Amit Shah are being showered with accolades for securing a historic victory in the Uttar Pradesh elections, the milestone's scriptwriter, Sunil Bansal is glad his hard work has finally paid off.
Much to the disappointment of booklovers, Westland, one of the largest publishing houses in India, is being shut down by e-commerce giant Amazon, they announced on Tuesday.
Preeta Bansal advises Obama on international human rights, legal issues, foreign policy, women's issues, and outreach to Asian-Americans. He is 'able to advance progressive principles, but he's not one of those starry-eyed liberals,' Bansal said. 'With him, two plus two equals five, not four. The whole is greater than the sum of the parts.'
She left the agency's office in central Delhi just before 7 pm on Tuesday after recording her statement.
The fourth day of questioning was deferred from June 17 to this day after Gandhi requested the agency for postponing the session as he wanted to be with his mother and Congress president Sonia Gandhi in hospital, where she is admitted for post-Covid issues.
In 2018, venture debt providers cumulatively deployed Rs 1,300 crore. This year, the market is expected to absorb venture debt of Rs 1,800 crore to Rs 2,000 crore. So what makes this asset class so attractive?
According to reports, an anonymous group that calls itself "ethical employees" have written to the Infosys Board as well as American regulator US Securities and Exchange Commission with the allegations. They have claimed that they have emails and voice recordings to substantiate the same.
RIL, Capgemini, IndiGo among companies which have offered to pay their employees' vaccination cost.
Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). It's reason for cheer given that such sales to asset reconstruction companies (ARCs) have been poor in recent times. In fiscal 2020, their assets under management (AUM) contracted by 4 per cent; and in fiscal 2021, it fell by another 100 basis points to Rs 1.07 trillion. So, why are we where we are?
Singer-composer Bappi Lahiri, who popularised disco music in India in the 1980s and 1990s, has died following multiple health issues. He was 69.
In #InstaStories, we show you a different side to Bollywood.
While agency sources informed that Gandhi recorded his statement and checked its transcript minutely, Congress leaders said the investigators took multiple breaks during his questioning
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The Centre had earlier the apex court that the ex-gratia compensation of Rs 4 lakh cannot be paid to the families of those who have died of COVID-19 as the finances of state governments and the Centre are under severe strain.
In the past eight months, Flipkart has seen the exits of Mukesh Bansal, considered the right hand man of Sachin and Binny Bansal; Ankit Nagori, chief business officer; Punit Soni, Flipkart's million-dollar hire from Silicon Valley who headed product and strategy; and Manish Maheshwari, head of the seller business
The Congresshas announced a three-phased campaign, "Mehngai-mukt Bharat Abhiyaan".
The Supreme Court on Wednesday pulled up state governments for failing to disburse claims to the next of kin of COVID-19 victims, and issued a show cause notice to the Andhra Pradesh chief secretary as to why contempt action be not initiated against him.
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