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Petrol, diesel prices raised by up to ₹2.71; hike tops ₹7.5 within 2 weeks

Petrol, diesel prices raised by up to ₹2.71; hike tops ₹7.5 within 2 weeks

Petrol and diesel prices were raised by ₹2.61-2.71 per litre on Monday, marking the fourth increase in less than two weeks as state-owned fuel retailers continued to pass on rising international oil prices to consumers.

With the latest revision, cumulative increases in petrol and diesel prices have nearly touched ₹7.5 per litre since fuel price revisions resumed on May 15 after a prolonged freeze.

Asian markets rise, oil prices stay elevated amid Iran war uncertainty

Asian markets rise, oil prices stay elevated amid Iran war uncertainty

Asian shares advanced Friday following modest gains on Wall Street, while oil prices rose as efforts to end the Iran war yielded limited results.

Oil prices had eased Thursday in US trading, alleviating pressure from the bond market as yields fell.

Vedanta unit Talwandi Sabo Power faces ₹127 cr penalty after SC ruling

Vedanta unit Talwandi Sabo Power faces ₹127 cr penalty after SC ruling

Vedanta Ltd has said that its subsidiary Talwandi Sabo Power Ltd (TSPL) has been held liable to pay approximately Rs 127 crore, plus applicable late payment surcharge, to Punjab State Power Corporation Ltd (PSPCL) following a Supreme Court judgment.

In a regulatory filing on Thursday, Vedanta said the Supreme Court has set aside the judgment passed by the Appellate Tribunal for Electricity (APTEL), and has restored the order passed by the Punjab State Electricity Regulatory Commission (PSERC).

PM, Education min must be held accountable: Cong on NTA claims on NEET exam

PM, Education min must be held accountable: Cong on NTA claims on NEET exam

The Congress on Friday said it was shocked over claims made by top NTA officials that the NEET exam paper was "not leaked", and said both the 'Pradhan Mantri' and the 'Mantri Pradhan' must be held accountable for this "cover-up".

The Congress also said that the National Testing Agency (NTA) has become a "National Trauma Agency".

India to launch 'smart border' project to curb infiltration, says Amit Shah

India to launch 'smart border' project to curb infiltration, says Amit Shah

Union Home Minister Amit Shah on Friday said the government will launch a "smart border" project in the next year to make the 6,000 km fronts with Pakistan and Bangladesh impenetrable and ensure that the "conspiracy" to change the demography of the areas is defeated.

Delivering the annual Rustamji Memorial lecture hosted by the Border Security Force (BSF) here, the minister also reiterated that the government will find each and every infiltrator from the country and send them outside India.

Bharti group seeks UK support to increase BT stake without bid for takeover

Bharti group seeks UK support to increase BT stake without bid for takeover

Indian conglomerate Bharti Enterprises is seeking to potentially increase its stake in BT to just under the threshold that would require it to make a ​full takeover offer for the British telecoms group, three people familiar with ​the matter said.

Led by billionaire founder, Sunil Bharti Mittal, the group is looking to secure UK ‌government approval required for it to be able to increase its stake in the London-listed company.

Successor will have 'hands full': Air India CEO amid operational challenges

Successor will have 'hands full': Air India CEO amid operational challenges

Air India CEO Campbell Wilson said on Thursday that his successor will have his or her "hands full," as the carrier grapples with a ban ​on the usage of neighbor Pakistan's airspace, fallout from the Iran war ​and a strong US dollar.

Wilson said he would leave in a couple of months' time.

Delhi govt raises income limit for eligibility to ₹2.5 lakh per annum

Delhi govt raises income limit for eligibility to ₹2.5 lakh per annum

The Delhi government has cancelled more than 7 lakh ration cards and is going to raise the income limit to ₹2.5 lakh per annum for the fresh issue, Chief Minister Rekha Gupta said on Thursday.

Addressing a press conference, Gupta said the government had cancelled around 772,000 "invalid" ration cards, and invited fresh online applications.

Gadkari calls for JVs with US companies to leverage their new tech

Gadkari calls for JVs with US companies to leverage their new tech

Union Minister Nitin Gadkari on Thursday made a case for Indian companies forming joint ventures with US companies to leverage their new technologies.

Addressing AMCHAM's Annual Leadership Summit, Gadkari further said Ministry of Road Transport and Highways is exploring possibilities of taking help of US consultancy companies in preparation of detailed project report (DPR) for road projects.

Adani Ports to acquire Jaypee Fertilisers for ₹1,500 cr through insolvency

Adani Ports to acquire Jaypee Fertilisers for ₹1,500 cr through insolvency

Adani Ports and Special Economic Zone on Thursday said it will acquire a 100 per cent stake in Jaypee Fertilizers & Industries from Jaiprakash Associates for Rs 1,500 crore, as part of the NCLT-approved resolution plan for JAL.

Adani Ports and Special Economic Zone Ltd (APSEZ), in a regulatory filing, said the acquisition will further consolidate the company's inland logistics presence and service capabilities in North India.

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