Indonesian coal making its way to India provides about a third less energy than supplies from South Africa or Australia.
Investors are showing some interest in the downstream energy cycle. Refiners and marketers, especially the public sector (PSU) oil marketing companies (OMCs) could see a revival of marketing margins. Lower crude oil and gas prices may also improve margins in industries like paints, logistics, synthetic fabrics, plastics, and fertilisers. In the medium-term, however, there could be a supply overhang affecting OMCs as new refining capacities are scheduled to be commissioned, especially in China, and this may lead to a drop in the refining margins as capacity would be surplus to demand until and unless there's a pick-up in global growth.
The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
The Universal Immunisation Programme is one of the largest vaccination projects in the world aimed at protecting children and pregnant mothers from preventable diseases. Under it, the government provides shots for 12 vaccine-preventable diseases, such as polio, diphtheria, tetanus, measles, and hepatitis B, for free.
The CBI has alleged that Singh had transferred funds through hawala channels to Chariot Media that was handling the AAP's publicity campaign during the Goa elections, the officials said.
This is for the first time that a booster dose that is different from the one used for primary vaccination against COVID has been allowed in the country.
The mention of the word 'family' in the Italian chargesheet into the AugustaWestland scam has raised eyebrows.
'The relationship between Kashmiri Pandits and Article 370 is vexed.' 'Sentiment in Jammu towards Article 370 was largely unfavourable and Jammu resented being lumped with Kashmir and placed on a different footing from the rest of India.'
A total of 22.05 crore applications were received during the period.
Over the past three trading sessions, the stock of Cummins India has gained about nine per cent on strong January-March quarter (Q4) results and good near-term prospects. Its Q4 performance was led by a healthy 29 per cent revenue growth over the year ago quarter. This was largely on the back of a 33 per cent jump in domestic revenues while exports witnessed a growth of 17 per cent.
The countrywide vaccination drive was rolled out on January 16 with the inoculation of healthcare workers, while the vaccination of the frontline workers started from February 2.
Vaccines provided to beneficiaries at the government health facilities will be entirely free of cost, while private facilities cannot charge the beneficiary a sum above Rs 250 per person per dose (Rs 150 for vaccines and Rs 100 as operational charges).
With 176 fresh cases, India's COVID-19 tally has climbed to 4,46,75,952 while the number of active cases has declined to 3,552, the Union health ministry said on Sunday.
The death toll due to the viral disease has gone up to 5,30,667 with four more fatalities, including three reconciled by Kerala and one reported by Maharashtra in the last 24 hours, according to the ministry's data updated at 8 am.
The launch of e-RUPI, a person- and purpose-specific digital payment solution, by the government is expected to completely negate any pilferage and will ensure full benefit to intended beneficiaries, India Inc said on Monday. Prime Minister Narendra Modi has launched e-RUPI, which is aimed at improving transparency and targeted delivery of benefits. PHD Chamber of Commerce and Industry president Sanjay Aggarwal said that the move is a significant step to enhance the digitisation process of the country.
The Union Health Ministry said on Monday that the Co-WIN app on Play Store is meant for use only by administrators, and that registration and booking for appointment for COVID-19 vaccination has to be done through the portal.
It is not much of an issue just now, but it could become one if the idea of caste census captures socio-political imagination, going beyond electoral tags and identities, says N Sathiya Moorthy.
A decision in this regard was taken in the Cabinet meeting chaired by Prime Minister Narendra Modi.
Such persons are expected to obtain the advice of their doctor before deciding to avail of the precaution dose or third dose.
what is more important than the re-invention of the Congress is the countervailing political storm that is gathering on the horizon as we approach the next parliamentary polls. On the face of it, the motley collection of regional parties joining hands with a wounded Left Front appears to a pathetic replay of discredited Third Front politics. But what gives this fledgeling Opposition a new mass appeal is the emergence of Dalit firebrand Mayawati as its spearhead
Former Formula One supremo Ecclestone will stand trial for a charge of tax fraud at the HM Revenue and Customs court, London in October 2023.
There was not a dry eye in sight as 3,024 beneficiaries of a slum rehabilitation project were overwhelmed by emotion as Prime Minister Narendra Damodardas Modi handed them the keys to their new homes at Vigyan Bhawan in New Delhi.
Prasad's daughter Misa Bharti and a former general manager of the Railways have also been named as accused in the chargesheet filed before a special CBI court recently, they said.
The BJP's challenge is whether it can again deflate a Congress, which now looks reinvigorated and has adopted sharper messaging around its 'guarantees', and several regional parties, especially in Bihar, Maharashtra and West Bengal.
Amit Gupta examines the taxation of dividend-paying stocks, share buybacks, and bonus shares.
The Securities and Exchange Board of India's (Sebi's) investigation into the Hindenburg allegations is making slow progress when it comes to obtaining information from overseas regulators, particularly around ultimate beneficial ownerships of certain foreign portfolio investors (FPIs), said people in the know. "Establishing ultimate beneficial ownerships for FPIs is a very complex exercise. "Several jurisdictions allow omnibus structures where the end beneficiaries are not required to be captured or are based in some other geographies.
All eyes are set on the Karnataka cabinet meeting on Friday where a decision will be taken on implementing the five guarantees promised by the ruling Congress during the assembly elections in May.
Highly-rated finance firms and housing finance companies are expected to benefit from the absence of Housing Development Finance Corp (HDFC) from the bond market once it merges with the HDFC Bank in early FY24. Post merger, the bond market is expected to become less crowded, which will ease fund raising conditions for other players in the field. It may perhaps also compress the spread for debt instruments floated by housing finance companies (HFCs) over 10-year government bonds, subject to demand and supply conditions.
Gandhi also raised the issue of rising prices of LPG cylinders and said crores of beneficiaries of the Ujjawala scheme are not able to afford a refill.
Conflicting views on Coal India (CIL) might leave investors confused. The bullish perspective that India has strong power demand (and also high steel production) means high demand for coal. As CIL is the monopoly producer of coal -- supplying over 80 per cent of the domestic requirement - the public sector undertaking should be a beneficiary of the rising power demand.
'Earlier, a lot of fear was in the minds of people that the BJP is anti-Christian and anti-minority, but over the years people have learnt to accept that the BJP is just another national party.'
Black money to the tune of "Rs 1.25 lakh crore" has been confiscated by the Modi government, Union Minister Ashwini Vaishnaw said on Monday and asserted transparency is a key aspect of the present dispensation's good governance model. The minister for railways said similarly, to ensure transparency, benami properties worth Rs 4,300 crore were attached and registration of 1.75 lakh companies cancelled. Talking to reporters at the Rail Bhawan, Vaishnaw said in his long public service, Prime Minister Narendra Modi has "perfected a model of good governance that started in Gujarat".
Daniil Medvedev beat Italy's Jannik Sinner 7-5, 6-3 to win the Miami Open on Sunday for his fourth title of the year and 19th overall.
BJP president JP Nadda held a meeting with the ministers on Wednesday to deliberated on the exercise to be held between May 30 and June 15, and to finalise the tour plans.
India's production-linked incentive (PLI) scheme, which aims to make domestic manufacturing globally competitive, has attracted investment worth over Rs 45,000 crore and has also created three lakh jobs, NITI Aayog CEO Parameswaran Iyer said on Monday. The government has rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, food products, high efficiency solar PV modules, advanced chemistry cell and speciality steel. "The PLI programme has already started showing results.
The government is likely to extend fiscal incentives for production of toys, bicycles and leather and footwear in the forthcoming budget as it looks to expand production linked incentive (PLI) scheme to cover more high-employment potential sectors, sources said. The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, food products, high efficiency solar PV modules, advance chemistry cell and speciality steel. The scheme aims to make domestic manufacturing globally competitive and create global champions in manufacturing, and it is yielding solid results, sources said.
The daily positivity rate was recorded at 0.11 per cent while the weekly positivity was pegged at 0.16 per cent, the ministry said.
Pakistan Tehreek-e-Insaf activists staged a protest after Khan was disqualified by the Election Commission of Pakistan in the prohibited funding case last year.
'It has been an ongoing process, talking to the relevant ministries about eliminating leakages and curbing non-core expenditure in various schemes.'
It also promised to launch the 'Poshane' scheme through which every BPL household will be provided with half litre 'Nandini' milk every day and five kg 'Shri Anna - siri dhanya' through monthly ration kits.
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