India, world’s third-largest oil importer and consumer, has waived excise duty on blended petrol. The exemption covers E22, E25, E27 and E30 fuel blends, which contain varying proportions of motor spirit and ethanol. As per the finance ministry’s notification, these blends consist of 78%, 75%, 73% and 70% motor spirit mixed with 22%, 25%, 27%…
Cristiano Ronaldo wastes easy opportunities (Screengrab) Portugal wrapped up their FIFA World Cup preparations with a 2-1 victory over Nigeria in a friendly match, but it was not a perfect evening for Cristiano Ronaldo.The veteran forward had several good chances to score but failed to find the net. Ronaldo, who holds the men’s record for…
NEW DELHI: Prime Minister Narendra Modi’s 12 years in office have been marked by the restoration of India’s pride, a cultural renaissance and removal of slave mentality, home minister Amit Shah said on Wednesday as Modi went past Jawaharlal Nehru’s tenure as elected head of govt.“Modi’s leadership is a journey from resolve to resolution and…
NEW DELHI: Government plans to raise the issue of the US decision to impose a 100% duty on patented drug imports from India, seeking tariff parity to safeguard the interests of domestic manufacturers. The matter is expected to figure during the trade negotiations with Washington, with New Delhi seeking tariff concessions in line with the…
Air India Ahmedabad plane crash NEW DELHI: As the first anniversary of the Air India Boeing 787 crash in Ahmedabad approaches, key questions over what caused the disaster that killed 260 people remain unanswered, as investigators are set to miss the formal one-year deadline for a final report.According to Bloomberg, India’s Aircraft Accident Investigation Bureau…
MUMBAI: After months of resilience, there are early signs of investing fatigue among retail mutual fund investors. In May, as the stock market showed extreme volatility—thanks to the war in West Asia—net inflows into equity funds fell to the lowest level in more than a year at, Rs 22,908 crore. On a month-on-month basis, this…
When Mohammed Siraj‘s name appeared in India’s squads for the T20I series against Ireland and England, it came as something of a surprise. After all, T20 internationals had stopped being Mohammed Siraj’s world a while ago.Since lifting the T20 World Cup in Barbados in June 2024, Siraj has played just one bilateral T20I series –…
Global crude benchmarks jumped over 2% on Thursday as tensions in the Middle East escalated once again, with Iran announcing that the Strait of Hormuz is “closed to all vessels.” Tehran’s move came after the US military launched fresh strikes on multiple sites in Iran.Brent crude futures rose $2.30, or 2.47%, to $95.40 a barrel,…
BENGALURU: Rajesh Exports chairman Rajesh Mehta, who is under Sebi’s scanner over allegations that the company inflated its revenues by Rs 15.2 lakh crore between FY21 and FY25, said he does not intend to challenge the regulator’s interim order and is fully cooperating with the investigation.At 4.2%, US inflation logs biggest gain in 3 yearsAt…
Omar Artan and FIFA chief Gianni Infantino During a press conference on Wednesday before the opening match of the expanded 48-team World Cup, FIFA President Gianni Infantino addressed the case of Somali referee Omar Artan. Artan was set to become the first Somali official to work at a World Cup. However, he was denied entry…