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India has faced significant disruption to energy supplies routed through the Strait of Hormuz. (AI image) For the first time in several years, India has reportedly purchased liquified petroleum gas (LPG) from Iran after the Donald Trump administration granted a 30-day sanctions waiver to keep oil and gas prices in check. India had stopped energy…

NEW DELHI: Indian space company Agnikul Cosmos on Wednesday announced that it has successfully tested its 3D-printed booster engine, ‘Agnite’, which can reduce production complexity and turnaround time for missions.The engine, which is a single-piece architecture, can be fully printed within a week, unlike traditional booster engines that comprise thousands of parts and can take…

NEW DELHI: The empowered group of officials to deal with the fallout of the West Asia conflict got down to business on Wednesday, and began mapping the demand and supply situation, and also started identifying potential sources to ensure that supply chains are not disrupted.Food and fuel availability are top priority and detailed reports have…

NEW DELHI: Stressing the need for robust infrastructure along the borders, defence minister Rajnath Singh on Wednesday said Border Roads Organisation (BRO) has been entrusted with the task of developing infrastructure along the Indo-Myanmar border, spanning approximately 1,600 km, an initiative that will further bolster the border management capabilities.Rajnath, who chaired a parliamentary consultative committee…

NEW DELHI: The Lok Sabha on Wednesday passed the Finance Bill, with 32 amendments moved by finance minister Nirmala Sitharaman, including specifying that in case of buyback of shares, additional income tax on capital gains made by promoters will face a 12% surcharge.The Finance Bill had proposed to replace dividend tax applicable to buybacks and…

NEW DELHI: The Central Consumer Protection Authority (CCPA) on Wednesday warned hotels and restaurants of action in case it found them levying additional charges under heads such as “LPG charges,” “gas surcharge,” and “fuel cost recovery” in food bills.The authority issued an advisory invoking provisions of the Consumer Protection Act observing that such charges are…

NEW DELHI: With hopes of a resolution to the West Asia conflict rising, sensex rallied over 1,200 points in late session on Wednesday to close above the 75,000 mark again.As diplomatic initiatives to end the war between the US-Israel and Iran picked up pace, markets around the world rallied, crude oil prices slipped, and precious…

NEW DELHI: Mumbai-based Raza Academy president Muhammed Sayed Noori on Wednesday challenged in the Supreme Court Centre’s recent order that all schools may begin the day’s work with community singing of the complete version of the national song ‘Vande Mataram‘, which invokes the motherland as Hindu deities, as it hurt the constitutionally guaranteed religious freedom…

NEW DELHI: Govt on Wednesday named KVR Murty, a former Indian defence accounts service officer, as whole-time member of markets regulator Sebi, with a three-year tenure. Murty, who retired as additional controller general of defence accounts, has had a long stint in the ministry of corporate affairs. TNN Source link

NEW DELHI: The decision of some West Asian cities, including Dubai, to start returning to business as usual amid an unrelenting war is forcing a significant number of Indians to spend lakhs to get back. These people had somehow managed to come to India after Feb 28 or were here before that and now are…