Shares of state-owned upstream oil companies Oil and Natural Gas Corporation (ONGC) and Oil India dipped up to 6 per cent on the BSE in Wednesday’s intra-day on profit booking as crude oil prices were trading near three years low on concerns over a weak demand outlook.

Shares of Oil India have dipped 6.4 per cent to Rs 570 on the BSE in intra-day trade. With today’s decline, the stock has fallen 26 per cent from its record high level of Rs 767.30 that it touched on August 30.

The Telecom Regulatory Authority of India (Trai) has recommended that the Department of Telecommunications (DoT) encash bank guarantees of telecom companies for failing to pay financial penalties imposed for their inability to curb spam, according to a report by The Economic Times (ET). If enacted, this unprecedented move would serve as a reminder of regulations previously ignored by telcos, resulting in a penalty of upto Rs 115 crore.

Recently, the telecom regulator has been doubling its efforts to eradicate spam messages and calls.

Junior doctors in India's state of West Bengal vowed on Tuesday to keep up a protest strike over the rape and murder of a trainee doctor unless their demands were met, flouting a Supreme Court deadline.

Hundreds of doctors are demanding better security at hospitals and justice for the woman, found dead on Aug. 9 in a classroom at the RG Kar Medical College and Hospital in Kolkata, the state's capital.

Congress leader Rahul Gandhi has intensified his criticism of the ruling Bharatiya Janata Party (BJP) and Prime Minister Narendra Modi after the 2024 Lok Sabha election results. Speaking at an Indian diaspora event in Herndon, Virginia, he claimed that the fear of PM Modi among the people has disappeared.

An Israeli strike on an area in the Gaza Strip home to Palestinians displaced by the Israel-Hamas war killed at least 40 people and wounded 60 others, authorities said Tuesday.

The Palestinian news agency WAFA reported the toll for the strike, citing medical officials, and suggested the figures could change.

Shri Ram Janmabhoomi Teerth Kshetra Trust general secretary Champat Rai has said the ongoing construction work connected to the Ram temple in Ayodhya is estimated to generate Goods and Services Tax (GST) of nearly Rs 400 crore.

However, the actual tax collection figure will be known only after the completion of the construction work, Rai said at a public felicitation function in Madhya Pradesh's Indore on Monday.

In a significant development, Tamil Nadu Chief Minister MK Stalin, who is currently on his official visit to the United States, said that the State government has secured another major investment that will accelerate Tamil Nadu's industrial progress.

Stalin said that the state government has inked a memorandum of understanding (MoU) with Autodesk to skill youth and boost MSMEs and startups in the State.

A Kenyan court suspended a government plan to allow India’s Adani Airport Holdings Ltd. to operate its main airport for 30 years until it rules on the matter.

The High Court issued the order prohibiting any person from implementing or acting on the privately initiated proposal by Adani until the matter is determined, according to Faith Odhiambo, president of the Law Society of Kenya, an applicant in the case.

The Bharatiya Janata Party (BJP) has warned its controversial leader Brij Bhushan Sharan Singh against making any comments regarding wrestler Vinesh Phogat and her association with the Congress party, which has fielded her as a candidate in the upcoming Haryana Assembly elections.

According to media reports, Singh's recent remarks about the wrestlers were “not taken well” among certain sections in Haryana. The Hindu reported that BJP president JP Nadda is said to have spoken to Singh about maintaining a “judicious silence” on the issue.

Apple’s iPhone 16 series, manufactured in India, will be available globally within the first few days of its sales launch, according to a report by The Economic Times. This is the first time a global product, made in India, will be distributed worldwide so soon after its release – marking a milestone for India’s growing manufacturing sector and the Make-in-India initiative.

Apple is set to unveil the iPhone 16 series on Monday, with global sales expected to begin 10 to 12 days later.

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