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As the Middle East conflict continues to disrupt global oil supplies, the Centre has stepped in to ensure better fuel availability for citizens. In a bid to cushion local consumers from the ripples, the government has imposed fresh duties on fuel exports while easing the domestic excise duties. Finance minister Nirmala Sitharaman announced that export…
Private fuel retailer Nayara Energy on Thursday raised petrol prices by Rs 5 per litre and diesel by Rs 3 per litre, in line with a surge in global oil prices due to the war in West Asia.Nayara, majority-owned by Russia’s Rosneft, operates nearly 7,000 of the more than 1 lakh filling stations, mainly on…
NEW DELHI: India’s largest private fuel retailer Nayara Energy on Thursday raised its prices by Rs 5 per litre and diesel by Rs 3 a litre amid the ongoing Middle East crisis. Nayara Energy, which operates 6,967 of India’s 102,075 petrol pumps, has decided to pass on part of the increase in input costs to…
The government has stepped up efforts to streamline gas distribution and ease supply pressures, directing faster processing of city gas projects while increasing allocations of commercial LPG to key sectors amid a challenging geopolitical environment.The Petroleum and Explosives Safety Organisation (PESO) has instructed its offices to dispose of City Gas Distribution (CGD) applications within 10…
MUMBAI: As the West Asia war rages on, India’s middle class has begun bearing the brunt. From airfares to air-conditioners, home interiors, bottled water and even regular laundry services, companies across segments are starting to take price hikes to cope with inflating input costs on the back of of supply disruptions and soaring oil, derivatives…
Music composer Anirudh Ravichander is reportedly set to receive a record-breaking Rs 25 crore for his work on the upcoming film ‘AA23’. This project stars Allu Arjun and is directed by Lokesh Kanagaraj. The film is expected to be a massive action entertainer. This reported fee surpasses his previous earnings for Rajinikanth’s ‘Coolie’. Anirudh Ravichander…
The Union Cabinet has approved a higher minimum support price (MSP) for raw jute for the 2026-27 marketing season, raising the benchmark rate to Rs 5,925 per quintal to ensure remunerative returns for farmers.The MSP for TD-3 grade raw jute has been fixed at Rs 5,925 per quintal, representing an increase of Rs 275 per…
With appraisal season around the corner, conversations about pay hikes, promotions and performance rewards are returning to office corridors as companies reassess compensation strategies.Companies are preparing to roll out an average salary hike of 9.1 per cent in 2026, signalling a shift towards skills-based pay structures rather than uniform annual increments, according to a report,…
US President Donald Trump (File photo) US President Donald Trump on Saturday increased the global tariff he had announced a day earlier from 10% to 15%, in a strong reaction to the US Supreme Court’s landmark ruling that dealt a stinging blow to his second tenure as president.In a post on Truth Social, the MAGA…
Oman’s New Tiered Expat Work Permit Fees: Incentives for Omanisation Compliance The Sultanate of Oman is shaking up how companies hire foreign workers by introducing a tiered fee structure for expatriate work permits that directly ties costs to compliance with national employment targets known as Omanisation. The move, announced this week by the Ministry of…
