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Govt Proposes To Do Away With Jail Term NEW DELHI: In a reprieve for first-time offenders, govt has proposed to do away with a jail term of up to three months for driving a vehicle violating the prescribed road safety and air and noise pollution norms.As part of the 784 provisions, across 79 central laws,…
NEW DELHI: Amid the backdrop of the West Asia conflict, India will need to provide immediate relief to the most affected and vulnerable businesses and households, and generate fiscal space to meet strategic and long-term needs, a finance ministry report said on Saturday.The ministry report said this would need building long-term buffers in several commodities…
US secretary of state Marco Rubio US secretary of state Marco Rubio has insisted that Washington’s recent easing of sanctions on Russian crude is strictly temporary, warning that it does not signal any long-term shift in policy even as global energy markets reel from the Iran conflict.Speaking after G7 talks in Paris, Rubio said the…
The Strait of Hormuz is a crucial passage linking oil and gas producers in the Persian Gulf to global markets. (AI image) India’s immediate LPG crisis seems to be easing with tankers coming in and domestic production stepped up to meet needs. Two more Indian-flagged ships carrying liquefied petroleum gas (LPG) are currently transiting the…
The Central Board of Direct Taxes (CBDT) on Friday notified the Income-tax Rules, 2026 to operationalise the simplified direct tax legislation passed by Parliament last year, with the new framework set to come into effect from April 1. “These rules may be called the Income-tax Rules, 2026. They shall come into force on the April…
If the US were to ‘unsanction’ Iran oil at sea, India would be able to step up procurement. (AI image) Will India get access to Iran crude oil soon? The Donald Trump administration has signalled the possibility of waiving sanctions on floating Iran crude oil to ease the ongoing shock in the global energy markets….
The Centre on Thursday launched the RELIEF (Resilience & Logistics Intervention for Export Facilitation) scheme with an outlay of Rs 497 crore to support Indian exporters facing disruptions due to the ongoing conflict in the Middle East, as the government moved to cushion the impact of rising freight costs, insurance premiums and shipping delays.The scheme…
Indian equity benchmarks continued their upward move for a third straight session on Wednesday, with the BSE Sensex adding nearly 3,000 points over the past three trading days, prompting debate on Dalal Street over whether the recent recovery marks a sustainable bottom or just a short-term bounce, according to an ET report.The NSE Nifty ended…
The Delhi High Court on Wednesday made it clear that Rajpal Yadav would not be taken into custody, even as it vacated an earlier interim order that had suspended his sentence in a cheque bounce case.Justice Swarana Kanta Sharma made the observation while refusing to pass directions on a plea filed by the complainant, who…
The International Energy Agency’s decision to release 400 million barrels of emergency oil stocks, the largest reserves drawdown in its history, is likely to provide only limited relief if the Strait of Hormuz remains closed, according to an analysis by S&P Global Energy, as global markets continue to reel from the supply shock triggered by…
