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SC to hear plea on mandatory ethanol disclosure in petrol on Aug 31

SC to hear plea on mandatory ethanol disclosure in petrol on Aug 31

The Supreme Court is scheduled to hear a petition on August 31 seeking a directive to the Centre and others to ensure mandatory and uniform labelling on every dispensing nozzle at petrol pumps, disclosing the exact percentage of ethanol in petrol.

According to the apex court's causelist of August 31, the plea would come up for hearing before a bench comprising Justices M M Sundresh and Prasanna B Varale.

Govt relaxes radiation limits for 5G towers to boost coverage: Report

Govt relaxes radiation limits for 5G towers to boost coverage: Report

The government has eased the electromagnetic field (EMF) limits for mobile networks to bring them in line with global standards, allowing telecom operators to cover larger areas with fewer towers in a bid to maintain quality of service amid rising 5G traffic, the Economic Times reported on Saturday.

Sitharaman invites global investors to manufacture, innovate in India

Sitharaman invites global investors to manufacture, innovate in India

Finance Minister Nirmala Sitharaman invited global investors to set up manufacturing bases, and technology and innovation centres in India, urging them to leverage talent and opportunity to build for the world.

Addressing a high-level Business Roundtable with leading investors and business leaders in Chicago on Friday, Sitharaman highlighted India's broad-based growth, reform momentum and expanding opportunities for long-term investment.

84 Indians successfully rescued from flood-hit Nepal, 320 remain missing

84 Indians successfully rescued from flood-hit Nepal, 320 remain missing

As joint rescue and relief operations intensify following devastating flash floods along the Bhote Koshi and Trishuli river corridors in Nepal, the Ministry of External Affairs (MEA) confirmed that 84 Indian nationals have been successfully rescued.

According to MEA Spokesperson Randhir Jaiswal, the rescued individuals include 21 citizens from Tamil Nadu who returned to India on Friday, alongside 63 workers deployed at the Trishuli-I hydropower project.

Nearly 2,500 missing as Nepal, China step up flood rescue efforts

Nearly 2,500 missing as Nepal, China step up flood rescue efforts

Nearly 2,500 people are missing after flash floods devastated a mountainous region between Nepal and China, with authorities on both sides of the border intensifying rescue efforts.

At least 579 people have been confirmed dead while 1,924 remain unaccounted for, including hundreds of foreigners from India, Malaysia, Australia and the US, Nepal’s National Disaster Risk Reduction and Management Authority said in a post on X.

CNG prices hiked by ₹3.89 per kg in Delhi-NCR, new rates effective today

CNG prices hiked by ₹3.89 per kg in Delhi-NCR, new rates effective today

CNG price in Delhi and adjoining cities will rise by Rs 3.89 per kg from Saturday, Indraprastha Gas Ltd said on Friday.

In a statement, IGL said a significant portion of input gas for CNG is being met through imported LNG, whose rates in the spot or current market have seen a surge since the beginning of the West Asia conflict.

Vedanta plans third rupee bond issue, seeks to raise ₹1,000 crore

Vedanta plans third rupee bond issue, seeks to raise ₹1,000 crore

Vedanta Ltd., the Indian resources conglomerate controlled by billionaire Anil Agarwal, plans to raise at least ₹1,000 crore ($105 million) through local-currency bonds in the next few weeks, according to people familiar with the matter, as more companies tap the debt market amid signals interest rates may rise.

India's EV market to reach ₹20 trn by 2030, will create 50 mn jobs: Gadkari

India's EV market to reach ₹20 trn by 2030, will create 50 mn jobs: Gadkari

India's electric vehicle (EV) market is expected to grow to Rs 20 trillion by 2030, with the potential to create 50 million jobs, Union Minister Nitin Gadkari said on Wednesday.

Addressing a summit organised by the CII-ITC Centre of Excellence for Sustainable Development, Gadkari said that currently 57 lakh electric vehicles are registered in India, with 7 per cent market penetration.

Tata Power falls 4% after $490 million arbitration challenge fails

Tata Power falls 4% after $490 million arbitration challenge fails

Tata Power share price came under pressure, falling over 4 per cent on Thursday after the company lost its challenge to a $490 million arbitration award against Kleros Capital Partners concerning a proposed bid for a coal asset in Russia.

As of 10:21 AM, the company’s share price was trading 3.98 per cent lower at ₹349 apiece; meanwhile, Nifty 50 was trading 0.07 per cent lower at 24,188.75. Intraday, the stock fell 4.3 per cent to ₹348.20.

RBI steps up intervention to support rupee amid higher oil prices

RBI steps up intervention to support rupee amid higher oil prices

India’s central bank is intensifying efforts to support the rupee, emboldened by a jump in its foreign-exchange reserves to contest the pressure from higher oil prices.

The Reserve Bank of India has decided to shift to a more constant pattern of intervention to support the currency over the past month, thanks to the level of foreign deposit inflows, whereas previously it would largely step in to curb bigger swings, according to a person familiar with the matter.

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