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Govt ups windfall tax on crude, ONGC & OIL to take hit
The government has raised the windfall tax on crude oil and reduced the tax on diesel and aviation turbine fuel.
The government has hiked the windfall tax on petroleum crude oil to Rs 2,300 ($27.63) a tonne from Rs 1,300…
Five lakh lamps to lit on Jan 22 in Jaipur
Diwali-like decorations will be held in Jaipur on the auspicious occasion of Ramlala's Pran Pratistha Mahotsav on January 22 in the Ram temple of Ayodhya. On this day, more than 5 lakh lamps will be lit at major intersections, government…
Zomato hikes platform fee to Rs 4 across key cities after bumper NY Eve
Buoyed by record food orders on New Year’s Eve, food delivery platform Zomato increased its mandatory platform fee to Rs 4 from Rs 3 per order across key markets.
The new rates were effective from January 1.
New…
Household debt in India does not pose systemic concern: RBI
Despite the recent increase in financial liabilities, household debt in India is much lower than in other emerging market economies (EME) and, therefore, the risk of defaults due to greater exposure of higher mortgage payments and floating…
Sensex down more than 500 points
Equity benchmarks sank on Tuesday with selling emerging at higher levels.
BSE Sensex was down 559 points at 71,712 as heavyweight stocks came under selling pressure.
Ultratech Cement was down more than 3 per cent,…
37 more telecom products come under quick clearance scheme
Telecommunication Engineering Centre (TEC) -- the technical arm of the Department of Telecommunications (DoT) -- has brought 37 more products under the Simplified Certification scheme (SCS) with effect from January 1 which will reduce the…
Global premium phone market sees record sales in 2023, Apple leads
The global premium smartphone market has witnessed record sales in 2023 with Apple leading the market, a new report said on Tuesday.
According to Counterpoint Research, the global premium smartphone (wholesale price ≥$600)…
Hindustan Unilever shares down after Rs 447.5 cr GST demand
Hindustan Unilever has made a disclosure regarding the Orders passed by Deputy Commissioner of Commercial Tax Officer, Bengaluru, Additional Commissioner, Central Tax and Central Excise, Kochi Commissionerate, Joint Commissioner, CGST and…
Flipkart co-founder Binny Bansal launches e-commerce startup ‘OppDoor’
Flipkart co-founder Binny Bansal has come up with a new venture – ‘OppDoor’, which will help e-commerce companies expand operations globally by providing them with end-to-end solutions, a media report said on Tuesday.
According…
Covid 19: Fresh 500+ cases and 2 deaths in India
India recorded 573 fresh cases of #Covid and two deaths in the last 24 hours, the Union Ministry of Health and Family Welfare said.
According to the Ministry, the new cases take the total number of active cases to 4,565.