NEW DELHI: Govt on Sunday said about 6,000 piped gas consumers have surrendered their LPG connections in the last three days, while 2.9 lakh new PNG connections have been activated this month, easing pressure on cylinder stocks amid disruption of energy supplies due to the West Asia conflict.Petroleum secretary Neeraj Mittal, in an online post,…
NEW DELHI: The penalty on nine carmakers that failed to meet the Corporate Average Fuel Efficiency (CAFE-2) targets for three years — FY23 to FY25 — has been revised to Rs 2,728 crore, as per power ministry’s presentation made to the PMO last week. Earlier, the penalty was estimated around Rs 7,800 crore.Earlier, penalty was…
Records are meant to be broken and that’s just what ‘Dhurandhar: The Revenge’ did this weekend, when it finally ended the reign of ‘Baahubali 2: The Conclusion’ at the North American box office. The film directed by Aditya Dhar, and starring Ranveer Singh in the lead, emerged as the highest-grossing Indian film in North America,…
NEW DELHI: A 40-day observational study on a section of the Delhi–Dehradun economic corridor, passing through Uttarakhand’s Shivalik forest, has found that many wildlife species actively use underpasses on this section, showing that these passages are effective in helping animals move naturally around the road project.As per the recently published study by Dehradun-based Wildlife Institute…
MUMBAI: RBI has placed consumer empowerment through portable bank accounts and cross-border efficiency at the centre of its Payments Vision 2028, signalling a new focus to improving user experience and reducing friction in money movement.While customers can freely open accounts with any bank, savings accounts are considered ‘sticky’ because of multiple standing instruction to send…
MUMBAI: Thanks to the war in West Asia and the ensuing oil price-led shock that the Indian economy is currently facing, top foreign brokerages and analysts have cut earnings estimates for India Inc as well as targets for Nifty by nearly 12%. They also warned that if the war continues for long and the oil…
NEW DELHI: WTO talks in Cameroon are deadlocked over a moratorium on e-commerce with the US seeking a long freeze on countries for levying tax on digital downloads and streaming, while India is so far unwilling to agree to this period.Starting from two years, India has indicated its willingness to go up to four, with…
Space adventure flick ‘Project Hail Mary’ topped the North American box office for a second straight week with USD 54.5 million in ticket sales, industry estimates showed Sunday. The space odyssey, which stars Ryan Gosling as a high school teacher enlisted to save the world, has so far, grossed an estimated USD 300.8 million globally….
Iran’s new Supreme Leader Mojtaba Khamenei has issued a written message thanking the people of Iraq for their support during the ongoing conflict with the United States and Israel, according to Iranian media reports on Sunday.Mojtaba Khamenei, the son of former Supreme Leader Ali Khamenei, who was killed in an airstrike at the start of…
NEW DELHI: Confederation of Indian Industry (CII) on Sunday called upon companies to work with govt to build reserves of raw material, fuel and strengthen supply chains amid disruptions from the West Asia crisis.“The present situation represents a supply side disruption, with pressures transmitted through energy costs, logistics and working capital cycles,” it said in…