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Amid concerns over global oil supply disruptions due to tensions in MIddle East, government sources on Saturday said India’s energy stock position is improving, adding that the situation has strengthened confidence about fuel supply stability in the country.According to government sources, the improvement in energy availability has reinforced the Centre’s position that petrol and diesel…
In a move aimed at improving upkeep in its residential complexes and boosting demand for its housing inventory, the Delhi Development Authority (DDA) has decided to take over day-to-day maintenance of its flats, including those constructed before 2021. The new system will come into force from April 1, 2026, according to a notification reviewed by…
Pensioners covered under the Employees’ Pension Scheme 1995 (EPS-95) will hold a three-day protest at Jantar Mantar in New Delhi from March 9, pressing for an increase in the minimum monthly pension to Rs 7,500 from the current Rs 1,000, PTI reported.The protest has been called by the EPS 95 National Agitation Committee, led by…
BENGALURU: The IT sector’s biggest dealmakers have historically emerged from a predominantly male cohort. Even as women account for a significant share of the workforce across large IT services firms, far fewer have traditionally occupied roles that drive multi-million and billion-dollar deals, underscoring a long-standing gap between corporate representation and influence. Though still a small…
NEW DELHI: With West Asia-bound cargo ships stranded in India due to conflict in the region, shipping ministry on Friday directed all 12 major ports to consider requests for reduction, waiver or remission of charges, including for storage rent, reefer plugging and change of vessel.The ministry said ports may permit storage of cargo destined for…
NEW DELHI: India has sufficient foreign exchange reserves, low current account deficit and inflation rates, which collectively allow it to effectively mitigate the impacts of rising global crude oil prices and ensure domestic energy security despite the country’s high dependency on imported crude oil, a finance ministry report said on Friday.But it cautioned that if…
NEW DELHI: Government will use “every policy tool and the export promotion mission” to support exporters in the ongoing crisis in West Asia, commerce and industry minister Piyush Goyal said on Friday. “We are in complete engagement with exporters. Every day, the inter-ministerial group talks to exporters and takes feedback. We will not be found…
The United States has given “permission” to India to buy Russian oil already stranded at sea, granting a temporary waiver to help stabilise global oil supplies amid disruptions caused by the escalating conflict in West Asia.US Treasury Secretary Scott Bessent praised India as a “very good actor” for previously complying with Washington’s request to halt…
MUMBAI: The rupee closed at 91.75 against the dollar on Friday, down 15 paise from the previous close of 91.6, after a largely range-bound session marked by pressure from higher crude oil prices and foreign fund outflows.Suspected intervention by the central bank too influenced market movements. Heavy selling in domestic equities and withdrawals by foreign…
Banking relief for UAE and Gulf amid Iran–US–Israel crisis: Emirates NBD Bank removes ATM cash withdrawal charges In a move aimed at easing financial access during a turbulent period in the Gulf, Emirates NBD has announced that it will temporarily waive ATM withdrawal fees at other banks’ machines across the UAE and the wider GCC….
