The government sees compressed bio-gas as a domestic solution to LNG. In a bid towards energy security, the Union Cabinet on Thursday approved a Rs 23,731 crore GOBARdhan scheme for bio gas. GOBARdhan or the Galvanizing Organic Bio- Agro Resources Dhan scheme aims to push for the production of compressed bio-gas.The move assumes significance in…
The Taxation and Other Laws (Amendment) Bill is aimed at drawing more foreign capital into India. The Lok Sabha on Thursday cleared the Taxation and Other Laws (Amendment) Bill without discussion as continued sloganeering by Opposition members over several issues disrupted proceedings. Following the passage of the legislation, which also amends the Payment and Settlement…
In the past, RBI officials have supported fees at least for large transactions MUMBAI: RBI governor Sanjay Malhotra said consumers already bear the cost of UPI transactions through the broader economy even if merchant fees are not explicitly charged.Responding to questions at a press conference on enabling merchant fees on UPI, Malhotra said it was…
Centre dismisses claims of ethanol blending with aviation fuel NEW DELHI: The Centre on Thursday dismissed claims that it is planning to blend ethanol with aviation turbine fuel (ATF), calling the reports “completely false and irresponsible” and urging people not to spread misinformation on aviation safety.Union civil aviation minister Ram Mohan Naidu Kinjarapu, in a…
President Donald Trump speaking during an event to announce new tariffs for the first time last year Donald Trump’s administration has refunded about $100 billion in tariffs after the US Supreme Court struck down a broad set of duties imposed under an emergency economic law, court filings show.About 60 per cent of the $166 billion…
India faces the prospect of up to 100% Trump tariffs for its Russian crude oil purchases. On August 5, 2025, US President Donald Trump announced 25% penal tariffs on India for its purchase of crude oil from Russia. One year later, India faces the prospect of up to 100% tariffs for its Russian crude oil…
Sebi insists on creating better awareness among investing community in a meeting with brokers MUMBAI: Faced with teething troubles with the Closing Auction Session (CAS), officials at markets regulator Sebi on Wednesday interacted with representatives from large broking houses to understand the problems and asked them to make investors aware of the system. CAS is…
The new norms will impact all non-bank lenders, including housing finance companies and microfinance providers MUMBAI: RBI’s move to harmonise interest rate frameworks across regulated entities is likely to standardise loan pricing and improve monetary transmission while reducing the pricing discretion currently available to NBFCs.The move would mark a departure from the existing structure where…
Gold is targeting 148,000 and 152,000 as the immediate resistance levels. Gold and silver price prediction today: Gold prices are showing some bullish bias while silver prices are also seeing some recovery, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook MCX Gold has breached from its consolidation…
The classification has gained attention after Tata Sons sought to de-register as an NBFC to avoid mandatory listing requirements MUMBAI: RBI governor Sanjay Malhotra indicated that Tata Sons continues to be on the list of upper layer NBFCs, even as the central bank is yet to release its updated classification based on revised principle-based criteria….
