New Delhi, May 15 (IANS) The Maharashtra Government on Friday reduced value-added tax (VAT) on aviation turbine fuel (ATF) to 7 per cent from 18 per cent, offering relief to airlines grappling with rising operational costs amid global uncertainties and higher fuel prices.
New Delhi, May 15 (IANS) The Indian rupee breached the 96-mark against the US dollar on Friday amid persistent global pressures, rising crude oil prices, and continued geopolitical tensions linked to the Iran conflict.
Ahmedabad, May 15 (IANS) Adani Electricity on Friday urged consumers to use electricity judiciously during the ongoing summer season, warning that increased use of cooling appliances could lead to higher electricity bills due to movement into higher tariff slabs.
New Delhi, May 15 (IANS) The marginal Rs 3 per litre hike in petrol and diesel prices announced by the government is a mere drop in the bucket compared to the huge losses that the public sector oil companies are absorbing due to soaring global prices of crude oil, which have crossed $100 a barrel, a senior official said on Friday.
New Delhi, May 15 (IANS) Hydrogen-powered buses introduced by Indian Oil Corporation Limited and the Delhi Metro Rail Corporation (DMRC) here mark a significant step towards clean and sustainable mobility in India, IndianOil Director (Refineries) Arvind Kumar said on Friday.
New Delhi, May 15 (IANS) India and the United Arab Emirates signed key agreements, during the visit of Prime Minister Narendra Modi on Friday, on a framework for the bilateral strategic defence partnership, the supply of LPG and strategic petroleum reserves, and an investment to the tune of $5 billion US dollars in Indian Infrastructure and RBL Bank and Samman Capital.
New Delhi, May 15 (IANS) Researchers at Indian Institute of Technology Roorkee on Friday developed and released an open-access high-resolution climate projection dataset, named INDRA-CMIP6, aimed at helping India improve regional climate adaptation, disaster preparedness, and climate risk assessment.
New Delhi, May 15 (IANS) As petrol and diesel prices were raised by Rs 3 per litre on Friday, experts said that the fuel price hike could accelerate investment in renewable energy and diversified supply chains.
New Delhi, May 15 (IANS) Shares of gold loan NBFC Muthoot Finance declined over 8 per cent on Friday as the company reported weak operational performance in March quarter, which highlighted concerns over falling customer numbers and rising impairments despite strong profit growth.
New Delhi, May 15 (IANS) India requires nearly Rs 80 trillion in urban infrastructure investment by 2037 to support rapid urbanisation and economic growth, a report said on Friday.
