The price of domestic LPG cylinders has been cut by Rs 200 for all connections, in all markets across the country, the Union government announced on Tuesday. This decision comes amid high inflation and ahead of crucial state and general elections. India has a total of 314 million domestic LPG consumers, according to government data.

The across-the-board reduction in the LPG cylinder price — the first change in its price in six months — will come into effect on Wednesday.

Buoyed by the rising demand for premium vehicles after the pandemic, Hero MotoCorp, the country’s largest two-wheeler maker, launched the much-anticipated Karizma XMR at an introductory price of Rs 1.73 lakh (ex-showroom).

Hero launched Karizma in 2003, but it was discontinued in 2019 owing to low demand.

Shares of Jai Balaji Industries were locked at the upper circuit limit of 5 per cent at Rs 247.55 on the BSE in Tuesday's intraday deals amid heavy volumes. The stock of the smallcap iron & steel products company was quoting at its highest level since January 2011.

The average trading volumes on the counter jumped over four-fold today with a combined 291,000 shares having changed hands on the counter till 1:40 PM, and there were pending buy orders for 225,000 shares on the NSE and BSE.

UPS, a global shipping and logistics firm, inaugurated its first technology centre in Chennai on Monday. The new centre is focused on innovations that aim to make business dealings easier for UPS customers.

The centre was inaugurated by Tamil Nadu Chief Minister M K Stalin, along with Industries Minister T R B Rajaa.

Former President Donald Trump and the 18 people indicted along with him in Georgia are scheduled to be arraigned next week on charges they participated in a wide-ranging illegal scheme to overturn the results of the 2020 election.

All 19 defendants, including former New York Mayor Rudy Giuliani and former White House chief of staff Mark Meadows, have been scheduled for arraignment on September 6, when they may enter pleas as well, according to court records. Trump starts off the day with a hearing at 9.30 am, with the other arraignments set to follow.

President Droupadi Murmu on Monday released the commemorative coin on Late NT Rama Rao on his centenary year at Rashtrapati Bhavan Cultural Centre.

According to a press statement from the President's Secretariat, speaking on the occasion, the President said that Late NT Rama Rao has enriched Indian cinema and culture through Telugu films. He breathed life into the prominent characters of Ramayana and Mahabharata through his acting. The characters of Lord Rama and Lord Krishna played by him became so alive that people started worshiping NTR.

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has disbursed Rs 680 crore under the 'Jagananna Vidya Deevena' scheme to benefit a staggering 932,235 students pursuing fields like engineering, medicine, polytechnic, and ITI.

Addressing a huge public meeting on the occasion at Chittoor's Nagari town on Monday, the Chief Minister said the government has been spending huge amounts on educational reforms as it strongly believes that education only can drive away poverty and other ills from society.

Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) on Monday announced the induction of the third generation of the Ambani family as directors on the company’s board, viewed as the start of a succession.

Speaking at the company’s annual shareholders’ meeting, Mukesh Ambani told shareholders he would remain chairman and managing director (CMD) for five more years, and mentor the three to-be-appointed directors of the board.

An investigation of India's Adani group by the market regulator has uncovered violations of rules on disclosures by listed entities and limits on the holdings of offshore funds, two sources with direct knowledge of the matter said.

The Securities and Exchange Board of India (SEBI) launched the inquiry after U.S.-based Hindenburg Research raised governance concerns around the Gautam Adani-led group, shaving more than $100 billion from the market value of its companies.

Debt-ridden airline Go First on Monday announced the extension of flight cancellations till August 31. Earlier, it had cancelled all flights till August 27.

The announcement was made on the social media platform X, formerly Twitter. In a post, the airline said, "Due to operational reasons, Go First flights until August 31 2023 are cancelled.

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