Finance minister Nirmala Sitharaman on Monday said windfall tax on petroleum products, crude is not ad hoc, but being charged in regular consultation with the industry. Addressing an event organized online, the minister said it is unfair to call windfall tax as ad hoc, because the tax rate and its resetting are done in complete consultations with the industry. "The very idea was implemented after taking the industry into full confidence," she said at a function organised by Elara Capital.
A three-year validity of an inflation target is, perhaps, more reasonable and practicable.
Union Home Minister Amit Shah said on Friday security in the ocean needs to be strengthened as most of the narcotic drugs are shipped in Pakistan and go via Iran to Sri Lanka and Africa.
'WHO & an independent group of experts are scheduled to meet next week to carry out the risk/benefit assessment and come to a final decision whether to grant Emergency Use Listing to Covaxin,' the global health body tweeted.
It said in a parliamentary democracy, the speaker is an officer of the assembly and performs the function of presiding over the House proceedings and representing the House for all intents and purposes.
Once in each President's term in office, he or she carries out a "naval fleet review", a deliberately public assembly of the entire fleet.
As India progresses towards formulating its own model of theaterisation, the public must get involved in the debate because in the end, it affects the well-being of the entire nation, asserts Biswajit Dasgupta.
Zombies, multiverse, tragedy, Japanese culinary traditions, you'll find it aplenty on OTT this week.
Oil Minister Hardeep Singh Puri on Thursday indicated that the much-delayed privatisation of oil major BPCL may not happen in the near future, saying there is "no proposal whatsoever" on his table for now. As part of its asset monetisation plan, the government had in November 2019 put Bharat Petroleum Corporation (BPCL) on the block and said it would completely sell its 52.98 per cent stake in the country's second largest state-run oil refiner and marketer. Though it had received three tentative bids, it got only one financial bid from Vedanta group, forcing it in May 2022 to shelve the plan pending a "comprehensive review".
A year marked by more lows than highs for Hindi cinema, here's a recap of the best and worst in 2021.
Rabinder Singh will sit as the independent member on a three member-strong panel commissioned in the wake of the race row that erupted last week.
Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.
Luminaries call for Cricket Australia chairman to resign
Diversified entity ITC Ltd on Thursday reported a 22.66 per cent rise in consolidated net profit at Rs 5,225.02 crore in the fourth quarter ended March 2023, led by a strong growth momentum across operating segments. The company had posted a net profit of Rs 4,259.68 crore a year ago, ITC Ltd said in a regulatory filing. Its revenue from operations increased 7 per cent to Rs 18,799.18 crore in the period under review against Rs 17,754.02 crore in the year-ago period.
News portal The Wire has filed a police complaint against its former consultant Devesh Kumar in connection with a 'fabricated' story related to the BJP's IT department head Amit Malviya, a senior police officer said.
Prime Minister Narendra Modi is likely to announce a host of initiatives for the health sector on Independence Day with the highlights being the 'Heal in India' and 'Heal by India' projects and a roadmap to eliminate sickle cell disease by 2047, official sources said.
'A poorly conceived reboot that's overlong, overdramatic and overdone, Love Aaj Kal simply cannot differentiate between pyaar and parody,' says Sukanya Verma.
House Speaker Nancy Pelosi in a statement said Trump's pardoning of Michael Flynn, who twice pleaded guilty to lying to the FBI about his dealings with a foreign adversary, is an act of grave corruption and brazen abuse of power.
I don't read anything into it until I see what their actions are, Biden told reporters.
With organisations like the Bharatiya Mazdoor Sangh, which is a front of the Rashtriya Swayamsevak Sangh, telling Finance Minister Nirmala Sitharaman they want OPS back, the government is in a bind, report Shiva Rajora and Aditi Phadnis.
Noting that various mathematical models meant for predicting coronavirus waves have repeatedly failed to give reliable results due to a small sample size, the Centre on Tuesday said it is closely following the virus trajectory globally, given the emergence of its new variants.
Will this be yet another Dibakar Banerjee masterstroke? Raja Sen reviews the trailer of Detective Byomkesh Bakshy!
Sai Kiran Addivi in his Telugu debut film Vinayakudu tells a romantic tale of a fat man and a hot babe. Krishnudu and Sonia perform fairly well in this film which is slow-paced and makes for an average watch.
Gianni Infatino, who stood unopposed, was re-elected as FIFA President during the 73rd Congress in Kigali.
Like the first season, Sacred Games 2 has become a talking point once again, getting its share of love and flak from viewers.
'I don't think @RRRMovie is a gay love story as you say, but even if it was, is 'gay love story' a bad thing? How can you justify using this? Extremely disappointed that someone of your accomplishments can stoop so low!'
Medical seats for under-graduates and post-graduates remaining vacant in the NEET era, together with the Centre 'freezing' the number of medical colleges and seats in (Dravidian) Tamil Nadu and the launch of the PM's 'Vishwakarma Scheme' for the nation's craftsmen, are all seen as a bid to further reverse the state's progressive socio-economic agenda of and its achievements of the past hundred-plus years, argues N Sathiya Moorthy.
Newly formed CCPA will now regulate false and misleading advertising and also take action to punish offenders, whether through fines, discontinuance, alteration of the ad, or even jail. ASCI as a voluntary, self-regulatory body, had no legal powers to enforce its actions.
Manmohan Singh and Musharraf felt that what they were embarking upon, if successful, could lead to a future of boundless potential for the two countries and for the relationship that was hard to foresee from the prism of the existing situation and the historical position and orthodox ideas on both sides.
'You can still hear gunshots, and this time even children know they are not normal.'
In a big win for the Narendra Modi government, the Supreme Court in a 4:1 majority verdict on Monday gave its stamp of approval to the Centre's 2016 decision to demonetise the Rs 1,000 and Rs 500 denomination currency notes, saying the decision-making process was neither flawed nor hasty.
In an interview with the Financial Times following an assassination attempt this month, Khan said he no longer 'blamed' the US and wants a 'dignified' relationship if re-elected.
Unranked Thai player Jatuporn Nalamphun has been suspended for 18 months and fined $5,000 after being found guilty of betting on tennis matches and not cooperating with the investigation, the Tennis Integrity Unit (TIU) said. "The 22-year-old admitted to three breaches of... the (anti corruption) program, which prohibits betting on tennis matches, between July and November 2014," the TIU said in a statement on Wednesday. Jatuporn was suspended for six months and a fined $5,000 for the betting offences but was then handed a concurrent 18-month ban after being "found guilty of a further charge of failing to cooperate with a TIU Investigation". "The full and timely cooperation by participants in TIU investigations is of paramount importance in the efforts being made by the TIU to eliminate corruption in professional tennis," anti-corruption hearing officer Ian Mill said. Tennis is still reeling from widespread allegations of corruption in the sport and the independent review panel (IRP), which was launched last month, will take at least a year to complete its investigations.
Australian players cannot be 'pussycats' while dealing with Virat Kohli during the series against India and they must get under the skin of the world's premier batsman, feels former captain Kim Hughes.
Cricket Australia will not reconsider reducing the ban on Steve Smith, David Warner and Cameron Bancroft in the ball-tampering case despite a series against a full-strength India awaiting them next month.
Air India's handling of an incident in which an inebriated male flier allegedly urinated on a woman co-passenger suggests an urgent need for stricter rules to deal with unruly passengers, according to legal and aviation experts.
Bharatiya Janata Party leaders on Wednesday attended a ceremony to rename South Delhi's 'Muhammadpur' village to 'Madhavpuram', saying the locals did not want to associate themselves with any "symbol of slavery".
S S Rajamouli's period action film RRR has scooped nominations in two categories at the Golden Globe Awards: Best Picture, Non-English, and Best Original Song, Motion Picture.
Amid the debate over the release of Bilkis Bano case convicts, the Madhya Pradesh government's proposed new policy provides for a life sentence till death for those held guilty for offences like gangrape and terrorist acts.
Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries.
