New Delhi: The govt has raised the price of natural gas from state-run ONGC and Oil India Ltd’s legacy fields to $6.89 per unit (million British thermal units) for July from $6.41 as the ripples from a surge in oil prices following the Israel-Iran conflict hit home. But the actual increase in the price will…
The Reserve Bank of India (RBI) has called for financial institutions to adopt risk-based supervision, zero-trust cybersecurity frameworks and AI-aware defence strategies to counter the rising threat of cyberattacks and financial frauds in the digital ecosystem.In its bi-annual Financial Stability Report (FSR) released Monday, the RBI warned that the increasing use of digital financial services,…
Bill Gates stands amongst the world’s richest individuals. (AI image) With wealth surpassing $100 billion, Bill Gates stands amongst the world’s richest individuals. His philanthropic contributions to the Gates Foundation, established in 2000, have exceeded $60 billion, demonstrating remarkable generosity. The investment portfolio of the Gates Foundation combines technological expertise and wisdom from a legendary…
Individuals looking to update their mobile numbers linked with Aadhaar must visit an Aadhaar Seva Kendra or enrolment centre, as online updates are not permitted due to the mandatory biometric verification requirement, according to the UIDAI.The Unique Identification Authority of India (UIDAI) has clarified that linking the correct mobile number with Aadhaar is critical for…
NEW DELHI: The government has raised the price of natural gas from state-run ONGC and Oil India Ltd’s legacy fields to $6.89 per unit (million British thermal units) for July from $6.41 as the ripples from a surge in oil prices following the Israel-Iran conflict hit home.But the actual increase in the price will be…
India’s top drug regulator has set up a sub-committee to revamp labelling norms on medicinal products after receiving consumer complaints about illegible expiry dates and glossy packaging that hampers readability.The Drugs Consultative Committee (DCC), under the Central Drugs Standard Control Organisation (CDSCO), took up the issue earlier this month and recommended the formation of a…
NEW DELHI: A total of 10 initial public offerings (IPOs) are set to open for subscription between June 30 and July 4, including two mainboard IPOs and eight SME listings, according to ET.Among the mainboard IPOs, Crizac Limited will open its Rs 860-crore offer from July 2 to July 4 with a price band of…
Several small-cap stocks surged as much as 20% in Monday’s trade even as benchmark indices slipped into the red amid brisk selling in large-cap counters.According to an ET report, top gainers included Kimia Biosciences (20.00%), Rapicut Carbide (20.00%), AI Champdany (20.00%), Shemaroo Entertainment (19.99%), Adinath Textiles (19.99%), Concord Drugs (19.98%), TN Telecom (19.94%), Innovana Thinklabs…
India and Oman have revised their Double Taxation Avoidance Agreement (DTAA), first signed in 1997, to align with evolving global tax standards and cross-border economic realities. The updated pact, which comes into effect from May 28, 2025, aims to provide relief to individuals and businesses earning income in both countries by eliminating the risk of…
The central government’s fiscal deficit fell sharply to 0.8 per cent of the full-year target at the end of May 2025, aided by a record Rs 2.69 lakh crore dividend received from the Reserve Bank of India, according to data released by the Controller General of Accounts (CGA).In April, the fiscal deficit stood at 11.9…
