IGL reported a 93.4% decline in Q2 FY27 profit to Rs 24.4 crore, despite an 8% rise in sales volume NEW DELHI: IGL reported a 93.4% decline in its profit in the second quarter of FY27 due to a substantial increase in input gas costs amid global supply disruptions caused by uncertainties in West Asia.The…
The first phase covers 15 cryptocurrencies, including Bitcoin, Ether, XRP and Dogecoin. Binance resumed withdrawals of Bitcoin, Ether and some stablecoins on Sunday after hackers stole $6.3 billion worth of cryptocurrency from the exchange. The world’s largest cryptocurrency exchange said it had replaced 95 per cent of the stolen assets using its own funds, while…
Narayan Sethuramon, co-chairman of the CII International Council India’s free trade agreement (FTA) with the UK, which came into force in July, and the proposed pact with the European Union, expected to be signed next month, offer significant opportunities for domestic manufacturers to expand their global footprint.But industry needs to step up efforts to translate…
Net revenue after refunds grew 25.6 per cent to Rs 2.03 lakh crore, with import-related collections recording a sharp 42.2 per cent increase. NEW DELHI: The gross Goods and Services Tax (GST) collections rose 22.9 per cent year-on-year to Rs 2.31 lakh crore in October, supported by a sharp increase in revenue from imports and…
Commercial LPG rates have been hiked for 2nd straight month NEW DELHI: The price of a 19-kg commercial LPG cylinder was increased by Rs 10 to Rs 2,820 from Sunday, marking the second consecutive monthly hike. Aviation turbine fuel (ATF) prices were also raised by Rs 1.37 per litre, according to state-owned oil companies.Commercial LPG,…
Binance, the world’s largest cryptocurrency exchange, has said it will resume withdrawals in phases after securing 95% of the $6.3 billion in digital assets stolen from its platform in what is being described as the world’s largest cryptocurrency heist.The first phase of withdrawals will begin between 0600 and 0900 GMT on Sunday and cover bitcoin,…
Apple was valued ay $5.3 trillion as of Friday (October 30) Apple has overtaken Nvidia to become the world’s most valuable company, reclaiming the top position as concerns over the rising cost of artificial intelligence (AI) investments weigh on technology stocks.At the close of trading on Friday, Apple’s market capitalisation stood at $5.03 trillion, ahead…
Centre raises export duties on diesel and ATF, while scrapping the levy on petrol exports for the next fortnight NEW DELHI: Govt Saturday increased the windfall gains tax on exports of diesel and jet fuel (ATF), while slashing the levy to zero on petrol for the fortnight beginning Oct 31.There is no change in excise…
AAIB seeks stronger coordination between civil aviation and defence authorities after an Air India Express flight and a Navy aircraft nearly collided on Dabolim runway NEW DELHI: The Aircraft Accident Investigation Bureau (AAIB) has sought a greater collaboration between civil aviation and defence authorities as a number of airports where commercial flights operate are defence…
India’s indigenous B28 bullet train undergoes a key structural safety test at BEML’s Bengaluru facility ahead of planned trial runs in 2027. NEW DELHI: New Delhi: The country’s first indigenous high-speed train, B28, has undergone the vehicle body shell test, also known as the “squeeze test”, an important safety assessment to determine whether a train’s…
