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File photo of a worker unloading the LPG Cylinder. | Photo Credit: K. PICHUMANI State-run Oil marketing companies (OMCs) have hiked the prices of 19-kg commercial liquefied petroleum gas (LPG) cylinders by a little over ₹200 each with effect from October 1. Prices of LPG are revised on the first of every month. In Chennai,…
The company currently sells one electric model — Jaguar I-Pace — in the country. New Delhi: Tata Motors-owned Jaguar Land Rover (JLR) aims to launch eight battery electric vehicles (BEVs) in India by 2030, according to a senior company executive. The company currently sells one electric model — Jaguar I-Pace — in the country. In…
Read More “Jaguar Land Rover Plans To Roll Out 8 Battery Electric Vehicles In India By 2030” »
Aviation turbine fuel (ATF) price was increased by Rs 5,779.84 per kilolitre. New Delhi: Jet fuel or ATF price on Sunday was hiked by 5 per cent — the fourth straight monthly increase since July, and commercial cooking gas (LPG) rates were raised by a steep Rs 209 per 19-kg cylinder, in line with the…
Read More “Jet Fuel Price Hiked 5 Per Cent, Commercial LPG By Rs 209” »
AM Naik joined the company in 1965 as a junior engineer. (File) New Delhi: AM Naik stepped down as the chairman of L&T Group on Saturday. He handed over the reins of the $23 billion conglomerate to SN Subrahmanyan at an event in Mumbai. AM Naik, 81, will now be the chairman of the employees…
File picture of a bank customer depositing ₹2,000 currency note | Photo Credit: R. Ragu The Reserve Bank of India (RBI) has extended the deadline for exchange and deposit of ₹2,000 bank notes until October 7, adding that the denomination will continue to be legal tender even after the date. From October 8, individuals and…
Read More “₹2,000 currency note can be deposited in RBI Issue Offices after October 7” »
The interest has been hiked from 6.5% to 6.7%. The government on Friday increased the interest rate on five-year recurring deposit scheme by 20 basis points for the October-December quarter. The interest has been hiked from 6.5% to 6.7%. All other small savings instruments will offer the same interest rates. The revised rates were notified…
Read More “Government Increases Interest Rate On Small Savings Scheme From 6.5% To 6.7%” »
Image for representation purpose only. | Photo Credit: Reuters The Finance Ministry has notified October 1 as the date for implementation of the amended GST law provisions for taxing e-gaming, casinos and horse racing. According to the changes to the Central GST Act, these supplies will henceforth be treated as “actionable claims” similar to lottery,…
The SAED or duty on export of diesel will be cut to ₹5 per litre, from ₹5.50 per litre currently. Image for representation purpose only. File | Photo Credit: AP The government on Friday hiked special additional excise duty (SAED) on crude petroleum to ₹12,100 per tonne with effect from September 30. In the last…
Read More “Centre hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF” »
J Raju with donkeys at the Aindhinai Farmer Producer Company farm. | Photo Credit: SPECIAL ARRANGEMENT J Raju, an advocate-turned-agricultural entrepreneur has an unusual enterprise. His Aindhinai Farmer Producer Company (AFPC), in Soriyampatti, a village in Tiruchi district, is working to conserve the dwindling population of donkeys while making the husbandry of these animals a…
Image used for representational purpose only. | Photo Credit: Getty Images The government has raised the returns on five-year recurring deposits from 6.5% to 6.7% for the October to December 2023 quarter, but left the returns on all other Small Savings schemes unchanged. While this constitutes the fifth successive hike in the returns on select…
Read More “Rate on one of 12 Small Savings schemes hiked for Q3” »