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Govt bars industries from buying petrol, diesel at pumps; mandates bulk purchase route

Centre has barred industrial, commercial and institutional users from purchasing petrol and diesel from retail fuel outlets, rather switch to bulk sellers.On Wednesday, the Ministry of Petroleum and Natural Gas issued the Motor Spirit and High Speed Diesel (Temporary Regulation of Supply through Retail Outlets) Order, 2026, directing oil marketing companies and fuel retailers to…

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Rupee surges 52 paise to 92.54 against dollar; US-Iran ceasefire, RBI stance lift sentiment

The rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced a two-week suspension of military strikes against Iran and the Reserve Bank kept policy rates unchanged, PTI reported.Forex traders said investor sentiment improved following Governor Sanjay Malhotra’s assurance that recent forex measures do not…

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Rs 200-crore extortion case: Sukesh Chandrashekhar, Jacqueline Fernandez among 17 charged with money laundering | India News

NEW DELHI: A Delhi court on Saturday ordered the framing of charges against 17 accused, including alleged conman Sukesh Chandrashekhar and actor Jacqueline Fernandez, in the alleged Rs 200-crore extortion and money laundering case being probed by the Enforcement Directorate (ED), paving the way for trial proceedings.The court said the accused “have to be charged…

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SBI Q3 results: Net profit jumps 24% to all-time high of Rs 21,028 crore; operating profit rises 40% on loan growth

State Bank of India (SBI) reported a 24% year-on-year record (all-time high) standalone net profit of Rs 21,028 crore for the December quarter of FY26, reflecting steady growth in core income and recovery trends.On a consolidated basis, the state-owned lender posted a 13.06 per cent rise in profit to Rs 21,317 crore during the quarter,…

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