NEW DELHI: Public sector oil companies increased petrol and diesel prices by nearly 90 paise per litre on Saturday, the third hike since May 15, as they sought to partly offset mounting losses from selling fuels below market rates amid a sharp rise in global crude prices due to supply concerns.But that still leaves them…
THIRUVANANTHAPURAM: CPM and BJP have come out against the state govt’s decision to appoint chief electoral officer Rathan Khelkar as chief minister V D Satheesan’s principal secretary. Both BJP and CPM asked Congress to clarify its stand on the matter as Rahul Gandhi had criticised West Bengal govt’s decision to appoint the CEO there as…
NEW DELHI: State-owned Oil India Limited (OIL) has successfully unlocked a new gas-bearing pay zone in Rajasthan’s Dandewala field, with a flow of nearly 25,000 standard cubic metres per day, petroleum and natural gas minister Hardeep Singh Puri said on Saturday.Congratulating OIL on its technological excellence, Puri said on social media that the discovery by…
Shimla: Declining a DNA test in a prolonged matrimonial and paternity dispute, the Himachal Pradesh high court has held that a child’s dignity and identity cannot be jeopardised merely to satisfy allegations of infidelity, as it is always open to the husband to prove the wife’s adulterous conduct through other evidence.Justice Romesh Verma emphasised that…
NEW DELHI: Govt on Saturday said that it has opened a four-month window for states to apply for setting up the first 50 industrial parks under the Rs 33,660 crore Bharat Audyogik Vikas Yojna (Bhavya) scheme.Over six years, starting from the current fiscal, the scheme provides for the setting up of 100 plug-and-play industrial parks…
NEW DELHI: The increase in pump prices by around Rs 5 a litre is only a dent to under-recovery given that oil companies are still losing Rs 13 a litre on petrol and Rs 38 on diesel, without factoring in taxes, resulting in heightened pressure on the states to lower VAT, which is as high…
NEW DELHI: Commerce and industry minister Piyush Goyal is heading to Canada for trade talks on May 25, with easier access for Indian textiles and leather from India in return for tapping uranium and critical minerals on the table as the two sides look to step up efforts for the proposed free trade agreement, for…
NEW DELHI: The US has emerged as the second largest source of foreign direct investment into India during the last financial year, overtaking Mauritius.Equity investments from the US more than doubled to over $11 billion in 2025-26 as companies chose to invest directly into India instead of routing funds through a tax-friendly jurisdiction as they…
NEW DELHI: After the roller coaster of the past 12 months, the US and India looked to steady the relationship with secretary of state Marco Rubio calling on PM Narendra Modi on Saturday and delivering an invitation from President Donald Trump to visit the US “in the near future”.According to a US readout, as the…
NEW DELHI: Central govt has ordered Delhi Gymkhana Club (DGC), one of the oldest clubs in India, which is located next to PM’s residence in Lutyens’ Delhi, to hand over the premises by June 5 for the “strengthening and securing of defence infrastructure and other vital public security purposes”.Govt had given 27.3 acres of land…