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Govt mulls new fuel duty hike as crude prices fall

New Delhi, May 9 -- The government is considering another increase in special excise duty on petrol and diesel to get a share of the windfall profits of oil marketing companies arising from low crude ... Read More


No spectrum sale this yr, new bands likely in 2026

new delhi/mumbai, May 9 -- The Centre is unlikely to conduct a spectrum auction in 2025, according to two government officials as well as industry executives who are aware of the matter. Reason: India... Read More


GCCs scout for leadership from peers, not IT firms

bengaluru, May 9 -- Backend technology centres of the world's largest companies are increasingly hiring senior executives from peers as compared with information technology (IT) services companies, in... Read More


Merger plans halted for three public sector general insurers

new delhi, May 9 -- The government has deferred plans to merge or privatize three public sector general insurance companies to FY27 after they posted profits, people familiar with the matter said, giv... Read More


Global engines power order growth for L&T

mumbai, May 9 -- A surge in international business, particularly from the Middle East, helped India's largest engineering and infrastructure company Larsen & Toubro (L&T) grow its order book at a comp... Read More


Rupee falls 89p, the most since FebRUARY 2023

Mumbai, May 9 -- The Indian rupee fell nearly 1% on Thursday amid rising tensions between India and Pakistan. The local currency opened at 84.61 and moved between an intra-day high of 84.52 and a low ... Read More


We will counter Pak attempts to escalate: Jaishankar to Rubio

New Delhi, May 9 -- External affairs minister S Jaishankar on Thursday night spoke to US secretary of state Marco Rubio and said India will firmly counter attempts by Pakistan to escalate the situatio... Read More


SC relaxes bail conditions for Ashish Mishra in Lakhimpur Kheri violence case

New Delhi, May 9 -- The Supreme Court on Thursday allowed Lakhimpur Kheri violence case accused Ashish Mishra, son of former Union minister Ajay Mishra, to spend time with his family in Lakhimpur each... Read More


Clear recommendations of collegium 'expeditiously': SC

New Delhi, May 9 -- The Supreme Court on Thursday told the Centre to "expeditiously" clear the recommendations of the Collegium for appointment of high court judges, referring to the chart that was ma... Read More


The anatomy of a WhatsApp scam

New Delhi, May 9 -- "Subject: Traffic Violation Notice. Immediate Action Required." This notification popped up on the phone of a 29-year-old librarian from Karampura in west Delhi last month. When sh... Read More