India must be prepared for a big, fat fuel import bill in FY23 - barring any further avatars of the Covid virus - as refiners crank up runs, or crude processing rates, to meet the growing demand for fuels, and crude prices soar. Capacity additions by an Indian state-run refiner will reinforce the need for foreign crude. Demand for all fuels is expected to increase by 3-8 per cent next fiscal from 2021-22, reaching pre-pandemic levels, according to analysts and industry experts.
The Budget announcement of taxing 'virtual digital assets' or crypto currencies will help the income-tax department measure the "depth" of this trade in the country, know the investors and the nature of their investments and it does not "attach any legality" to these transactions, Central Board of Direct Taxes chairman J B Mohapatra said.
Chebrolu said she was inspired to find potential cures to viruses after learning about the 1918 flu pandemic and finding out how many people die every year in the US despite annual vaccinations and anti-influenza drugs on the market.
'It is about the fight between two families, why they fight, how they fight and what they feel.'
The Indian Navy has expressed reservations in vacating 100 Mhz of the spectrum, proposed to be sold in the tender expected next year, sources said. This could delay the Centre's plans to proceed with the 5G auctions in 2022. A department of telecom (DoT) official said, "The Indian Navy is showing reluctance in vacating the spectrum from the 3.3 GHz-3.4 GHz band that it is using. "Unless there is some traction with them on this issue, we can't seek consultation from TRAI." The 3300 MHz-3600 MHz (or 3.3GHz-3.6GHz) will be auctioned for the first time in the proposed 5G auctions, likely next year.
The unmanned space telescope, which launched in 2009, leaves a legacy of more than 2,600 planet discoveries from outside our solar system
If international crude oil prices zoom past the current level of about $90 per barrel and move towards $100 and beyond, middle-class consumers are not going to keep quiet about their discomfort, points out Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
In Jee Le Zaraa, Zoya Akhtar's swanky new road trip to self-discovery, our favourite gal pals Priyanka Chopra, Katrina Kaif and Alia Bhatt are set to take off on a whirlwind adventure.
'This virus may have more immune evasion capability and therefore, it may make you more sick.'
The allegations against BCCI CEO Rahul Johri have been made by an unnamed person, who claimed to be his colleague during his stint at Discovery Channel.
An expert panel approved policy for development of gas fields.
Prime Minister Narendra Modi on Wednesday said the government has no business to be in business and his administration is committed to privatising all PSUs barring the bare minimum in four strategic sectors. "It is government's duty to support enterprises and businesses. But it is not essential that it should own and run enterprises," he said. Modi also said the Centre's policy is to either monetise or modernise public sector enterprises, with the intent that the government has "no business to be in business".
Are Emraan Hashmi's thrillers popular?
Sci-fi blockbusters, massy masala, poignant classics, playful cartoons, Sukanya Verma has something for every taste on OTT this week.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries
Shriya plays with her dog...Karishma enjoys the breeze...
Easier dilution norms for mega initial public offerings (IPOs) have come into effect. Companies with post-listing market capitalisation (m-cap) of more than Rs 1 trillion will not be required to dilute a minimum of 10 per cent. The move to relax dilution norms is seen as a precursor to Life Insurance Corporation's IPO. The central government has said companies with an m-cap exceeding Rs 1 trillion will have to dilute Rs 5,000 crore and at least 5 per cent of their m-cap. Experts said the earlier framework discouraged large companies from listing since they were forced to offload a large volume of shares during the time of their IPO.
The annual award includes a pure gold medal, a citation and a prize purse worth $ 100,000 or its equivalent in the Indian rupees.
India vice-captain Rohit Sharma is launching Rohit4Rhinos campaign, in partnership with WWF India and Animal Planet, to help build awareness for the need to conserve the Indian Rhino.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Your relationship can still be as intimate as before. All you have to do is to try some new blings, keep note of a few slings, and have an open mind for new things.
The government on Tuesday confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by Britain's Cairn Energy, which is seeking to recover $1.72 billion from New Delhi after winning an arbitration against retro tax. Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal against an international arbitration tribunal overturning levy of Rs 10,247 crore in back taxes on Cairn Energy. "Yes sir, an order has been passed by a French Court freezing certain Indian government properties in the case pertaining to Cairn Energy," he said.
His character Sasya in She, says Vijay Verma, 'is an extremely repellent character. It does everything that a decent human being wouldn't do.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'I was getting paid great money.' 'I was a part of some wonderful films, which I loved making, but I was becoming very complacent with my approach to my work.' 'And I did not want that.'
'Gerson existed at the intersection of principle and conscience. 'One of our conversations turned to his return to India from Brazil. 'He spoke about the choices he made and the things he felt he had failed at. 'What emerged was how he always steadfastly stuck to his beliefs and was true to them and himself. 'The need to -- in Spike Lee's words -- Do The Right Thing.' Director Dev Benegal remembers Gerson da Cunha, 'friend, guide, light'.
It has also been learnt that two of the alleged victims have also deposed before the panel even though the dates of their appearance could not be confirmed.
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
ONGCt has made another significant oil and gas discovery in its Krishna Godavari basin.
All people who have arrived in Saudi Arabia from European countries, as well as other states where the new coronavirus strain has emerged, will have to self-isolate at home for two weeks. Those who have visited these countries in the past three months will need to get tested for Covid-19, according to SPA.
While the recent volatility in the secondary markets is a concern, experts believe the sentiment towards IPOs is still buoyant.
Without naming the entity, he said some players are at a pre-clinical stage and may reach the clinical stage by October. Responding to a question on absence of a vaccine currently and the prospects in the next few months as the lockdown eases, VijayRaghvan emphasised on aggressive rapid testing and tracking.
'We were working on a scene just last month. He left so early. This is not fair God. It's a difficult time. Farewell Amit.'
India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company. "The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with Petropars Group for the development of Farzad B Gas Field in the Persian Gulf," the Iranian oil ministry's official news service Shana reported. "The deal was signed on Monday, May 17, in a ceremony held in the presence of Iranian Minister of Petroleum Bijan Zangeneh in Tehran." The field holds 23 trillion cubic feet of in-place gas reserves, of which about 60 per cent is recoverable.
The new model will be available in three engine options of 2-litre petrol, 2-litre diesel and 3-litre diesel
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The research would lead to a better understanding of metabolic reprogramming and aid the development of better therapeutics to deal with the viral pandemics, an institute spokesperson said on Wednesday.
Projections suggest online food delivery market should grow to $22 billion by 2025.
The noted culture and political commentator sought the court to declare the new rules ultra vires of the Constitution and the parent Information Technology Act, as these norms, among other things, imposes a 'chilling effect' on free speech and are vague and indeterminate.
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