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The government has imposed a windfall gains tax of Rs 3 per litre on petrol exports with effect from May 16, PTI reported. The move comes amid elevated global crude oil prices and ongoing volatility in international energy markets following the Middle East conflict.“Govt levies Special Additional Excise Duty of Rs 3 per litre (SAED-…
The Middle East crisis impact has continued to spill across global oil supply chains, once again pushing crude prices beyond the $100 mark. Brent crude, the global oil benchmark, rose slightly after moving past $100 a barrel on Thursday (local time), gaining 0.20% to trade at $100.66 by 0020 GMT. Meanwhile, US benchmark West Texas…
The broader macro backdrop for Indian equities remains stable heading into 2026, supported by healthier corporate balance sheets and early signs of an earnings recovery across sectors, according to ICICI Prudential Alternate Investments. However, after a long market upcycle and widespread rerating, much of the optimism on growth and profits is already reflected in stock…
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Former Bihar chief minister and RJD leader Rabri Devi (PTI) NEW DELHI: Central Bureau of Investigation (CBI) on Saturday opposed former Bihar Chief Minister Rabri Devi’s request to transfer criminal cases from the court of Special Judge Vishal Gogne, arguing before a Delhi court that the plea amounted to “forum-shopping” and was meant to “demean…
NEW DELHI: With the West Asia crisis bringing electrification of economy back into focus, the countries participating in dialogues to deal with challenges of climate change may by the year-end agree to a new global target of electricity meeting 35% of the world’s energy demand by 2035.A proposal to this effect was made by the…
NEW DELHI: Himanta Biswa Sarma is set to take oath as Assam chief minister for a second consecutive term on Tuesday, becoming the first non-Congress leader in the state to achieve the feat.The swearing-in ceremony of the BJP-led NDA government’s third straight term in Assam will be held at the Veterinary College Field in Khanapara…
