News Updates Highlights: The government reduced the windfall tax on aviation turbine fuel from 4 to 3.50 rupees per litre. According to the statement, the tax on diesel has been reduced from 6 rupees per litre to 5.50 rupees.On September 1st, the government reduced the windfall tax on petroleum oil from 7,100 to 6,700 rupees per tonne.
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LIVE News Updates: Crude oil windfall tax increases from Rs 6,700 to Rs 10,000 per tonne
Crude oil windfall tax increased from Rs 6,700 to Rs 10,000 per tonne as of September 16. On September 16, the Special Additional Excise Duty on ATF was decreased from Rs. 4 to Rs. 3.50.
LIVE News Updates: Indian Army, J&K Police captures two alleged suspects
The Indian Army and J&K Police formed an MVCP in Uri, Baramulla, on September 14 based on intelligence inputs. Two alleged suspects were captured. Two pistols, five hand grenades, and other military supplies were found. Active investigation, saidChinarCorps, Indian Army.
LIVE News Updates: Woman rescued from Mumbai building collapse
One woman was rescued from the debris of a three-storey building which collapsed in Dombivli this evening. Search and rescue operations underway, said Thane Municipal Corporation.
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IRS officer Rahul Navinhas been appointed as in-charge director of Enforcement Directorate.
LIVE News Updates: one American, two Russians blast off in Russian spacecraft
According to AP reports, one American and two Russians blast off in Russian spacecraft from Kazakhstan heading to the International Space Station.
LIVE News Updates: Rajasthan fuel pump dealers' association calls off ongoing strike
After the state government established a high-power committee to investigate their requests, the Rajasthan fuel pump dealers' association on Friday decided to call off their call for an ongoing strike for the following ten days. After ten days, the committee will submit its report, and the association will then determine what to do next.
LIVE News Updates: Piyush Goyal to investigate rice scam in Chattisgarh
During a press conference in Raipur, Union minister Piyush Goyal said,"In the entire country from 1 quintal of paddy, 67 kgs of rice is produced. But I was informed that in the mills (in Chhattisgarh), it was found that only 54 kgs of rice is given to the government. The rest probably goes into some scam. I have directed that a high-level committee be set up to investigate the mills in Chhattisgarh."
LIVE News Updates
Sujit Patkar, a businessman and close aide to Shiv Sena (UBT) MP Sanjay Raut, was charged in the Covid-19 Centres "scam" case by the Enforcement Directorate (ED). The chargesheet now includes the recorded statements of 40 witnesses.
LIVE News Updates: bilateral cricket series between India and Pakistan to not happen until terrorism ends
The Board of Control for Cricket in India (BCCI) previously agreed that a bilateral cricket series between India and Pakistan wouldn't take place until Pakistan puts an end to "terrorism" in the wake of the Anantnag encounter, according to Union Sports Minister Anurag Thakur.
Manipur violence LIVE Updates: Delhi Police appoints four officers to investigate FIRs related to Manipur violence
For the purpose of conducting an investigation into the FIRs pertaining to the violence in Manipur, the Delhi Police nominated four officers—three IPS and one Inspector—and provided the CBI with their services. The officers are Insp. Parveen Kumar, Esha Pandey, Shweta Chauhan, and Harendra Kumar Singh.
LIVE News Updates: Himachal Pradesh CM gives all his savings to state's disaster relief fund
According to a statement, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu gave all of his funds, total ofRs. 51 lakh, to the state's disaster relief fund on Friday in order to assist those afflicted by natural disasters.
LIVE News Updates: CSMIA official says Disabled aircraft recovery started at 2 pm
"Disabled aircraft recovery started at 1453 hours. The disabled aircraft was removed at 1755 hours and given to the owners for further action at 1816 hours. The spokesperson for Mumbai's CSMIA (Chhatrapati Shivaji Maharaj International Airport) claimed that all areas have been cleared.
LIVE News Updates: Made platform to assess top 50 judges for SC judges consideration
"Wrong to say the SC collegium has no factual data to evaluate judges being considered for appointment. We have prepared broad platform where we have assessed top 50 judges of country for consideration as SC judges. Our aim is to lay down objective parameters for selection of judges for SC, HCs," said CJI Chandrachud.
LIVE News Updates: NIA conducts raid in UP and MP
Bihar's Siwan district, Uttar Pradesh's Jaunpur, Azamgarh, and Maharajganj districts, Madhya Pradesh's Ratlam, Punjab's Ludhiana, Goa's South Goa, Karnataka's Yadgir, and Maharashtra's Mumbai all had raids performed. Omar, a 23-year-old from Ratlam, was detained for his active participation in the terror conspiracy, which included spreading ISIS propaganda on social media to radicalise youth and enlisting them in different terror-related actions. Additionally, other damning documents and data were taken, including ISIS-related films. The NIA reported the case on July 19, 2023. Faizan Ansari, an ISIS member from Iraq and Syria, was detained by the NIA on July 20, 2023.
LIVE News Updates
Telangana Chief Minister KCR writes to PM Modi pleading for the Women's Reservation Bill to be passed at a special session of Parliament.
LIVE News Updates: NIA raids sites and detains one person in terrorist operation
In a multi-state operation against the ISIS Jharkhand cell on Thursday (September 14), the National Investigation Agency (NIA) raided nine sites and detained one guy for his claimed involvement in the plot to sow terror in the area. The arrest of a student from Aligarh Muslim University (AMU) in July of this year disclosed an ISIS module, which is the subject of the current investigation. During his time spent close to the AMU campus, the student Faizan had a touch with radicalised persons associated with ISIS.
LIVE News Updates: TikTok penalised for failing children's privacy
As per AP reports, according to the severe data privacy laws in Europe, TikTok was penalised USD 368 million for failing to protect children's privacy.
Tata Steel LIVE Updates: Company's investment to meet capital costs, says CFO Koushik
"Due diligence going on for Port Talbot plan but I think it's safe to say that our investment will certainly meet our cost of capital. The total project, on a steady state basis, over its useful life, should be more than the cost of capital and should be in the region of 15-16%," saidTata Steel CFOKoushikChatterjee.
Tata Steel LIVE Updates
CFO Koushik Chatterjee also said that the company will finance the 700 million pounds for modernizing the Port Talbot plant through internal accruals.
Tata Steel LIVE Updates: Took time to negotiate with UK govt, says Koushik Chatterjee
Koushik Chatterjee, CFO of Tata Steel, said it took time to come to terms with the UK government because everything had to fall into place. There was no time lost because the government is not only assisting them with policy components but also with a grant.
Tata Steel LIVE Updates: Company will give specifics regarding Port Talbot plan after second quarter (FY24) results
Tata Steel CFO Koushik Chatterjeesaid that they will give specifics on Tata Steel’s balance sheet restructuring with respect to Port Talbot plan when the second quarter (FY24) results are announced.
Tata Steel LIVE Updates
Tata Steel CFO Koushik Chatterjee said, "Our intention for Port Talbot is to move beyond the capex and the restructuring to a cash neutral position so that we can sustain the business, continue the supply of our products to the customers in an uninterrupted basis, which is critical because of the very meaningful market share. And then as the project comes in line, we do the transition back into integrated steelmaking."
Tata Steel LIVE Updates: UK govt to give power and infra support
The MD and CEO also added that the UK government will provide assistance with power and infrastructure. The government is also collaborating with Tata Steel to ensure that it occurs in addition to speeding it up.
Tata Steel LIVE Updates: Tata Steel MD says Port Talbot's capacity is about 3.5 million tons but produces 3 million tons
Tata Steel MD & CEO TV Narendran spoke about Port Talbot. He said, "Port Talbot's capacity is about 3.5 million tons but we produce about 3 million tons. When we were at 9 million ton output, we had other sites as well, which are no longer with us. The optimal size for Port Talbot will remain 3 million tons."
Tata Steel LIVE Updates: Tata Steel positive about partnership with Netherland govt
We already have a partner the UK government through this funding, in due course of time we are optimistic that we'll have another partner in the Netherland government, said theCFO Koushik Chatterjee.
Tata Steel LIVE Updates: Company asks UK govt to look at energy costs, not operating expenses
While talking about Port Talbot agreement with UK government,Tata Steel CFO Koushik Chatterjee said, "We did not ask for anything regarding the operating expenses; we have requested them to look at the energy costs."
Tata Steel LIVE Updates: Tata Steel asked UK govt for grant
KoushikChatterjee went on to say that they had requested a material grant from the government but they didn't ask for a finite number. Since the UK grant accounts for 40% of the total capital expenditures, they wanted this to be a collaborative and inclusive process.
Tata Steel LIVE Updates
"In India we remain on track to nearly double our steelmaking capacities to 40 million tonnes. We continue to prioritize the completion of the 5 million tonne capacity expansion in Kalinga. We're also focused on value added downstream growth and product mix improvements," further addedKoushikChatterjee.
Tata Steel LIVE Updates: Tata Steel to focus on company's cash flow for growth in India
Tata Steel CFO Koushik Chatterjee stated the company is focused on managing the consolidated cash flows of Tata Steel in such a manner as to prioritize the growth in India and also pursue the decarbonisation aspirations in both the UK and Netherlands.
Tata Steel LIVE Updates: Port tablot facility to save 5000 jobs in UK
Koushik said that the facility will enable the UK to leverage domestic resources and while doing so save around 5000 jobs.
Tata Steel LIVE Updates
"We have been working for some time now on crafting a sustainable path forward for Port Talbot site and the business. We have evaluated several options. Reinvestment in the existing asset is economically or environmentally viable. Any other counterfactual would have been a long drawn process, and would have resulted in significant cost implications across the company," saidTata Steel CFOKoushikChatterjee.
LIVE News Updates: IOC approves an additional investment in HURL
IOC approves an additional Rs. 903.52 crore investment in Hindustan Urvarak and Rasayan (HURL), a joint venture established to build fertiliser factories in Gorakhpur, Sindri, and Barauni.
Nipah Virus LIVE Updates: Monoclonal antibody efficacy not tested, phase 1 completed
ICMR DG Rajeev Bahl, according to Monoclonal antibody efficacy trials have not been conducted; only phase 1 trials have been completed. It can only used for compassionate use.
Nipah Virus LIVE Updates: Only 10 patients given monoclonal antibody dose for Nipah virus
We have monoclonal antibody doses for only 10 patients; no one so far has been administered, said ICMR DG Rajeev Bahl. Medicine needs to be given during early stage of infection and India has sought 20 more doses of monoclonal antibody.
LIVE News Updates: New Wipro office opens in Jefferson City
A new Wipro office is set up in Jefferson City, Missouri. To draw in local talent, the company will collaborate with the state's Jobs for America's Graduates (JAG) programme.
LIVE News Updates: Senthil Balaji in custody for extra 14 days
Senthil Balaji is now in the custody of the Chennai Sessions Court for an additional 14 days. Through video conferencing, Senthil Balaji was brought into court from Puzhal Prison.
LIVE News Updates: India-Canada FTA on pause for now
The India-Canada Free Trade Agreement (FTA) talks have been put on hold as a result of certain political developments in Canada. Once disagreements between the two governments are resolved, negotiations will resume, according to sources.
Nipah Virus LIVE Updates: Govt is making efforts to contain Nipah virus
ICMR DG Rajeev Bahl also said that efforts are on to contain Nipah outbreak, all infected came in contact of one index patient.
Nipah Virus LIVE Update: Mortality rate is high, says DG ICMR Dr. Rajiv Bahl
"...If COVID had a mortality of 2-3%, here the mortality is 40-70%," says DG ICMR Dr. Rajiv Bahl while talking about the Nipah virus situation. The mortality rate is very high in the case of Nipah virus.
NUh Violence LIVE Updates: Arrested MLA sent to police custody
Haryana Congress MLA Mamman Khan who was arrested in connection to Nuh violence, was sent to two-day Police custody.
Anantnag encounter LIVE Updates: Another soldier lost his life during the mission
During the Anantnag operation, one more soldier lost his life. Since yesterday, he has been reported missing. Forces used drones to dump explosives on suspected terrorist hideaway spots during combined security operations against terrorists in the Anantnag region. The army is also employing grenade launchers to hunt down the group of terrorists that is camped nearby, said security officials.
LIVE News Updates: Defence Ministry approves Su-30MKI aircraft proposal for IAF
As per Defense Officials, theDefence Ministry approved the proposal to buy 12 Su-30MKI aircraft for the Indian Air Force, which will be made in India by Hindustan Aeronautics Limited. The aircraft and associated ground systems would be part of the Rs 11,000 crore programme.
LIVE News Updates: GoI provides wheat, rice to neighbouring countries
The Government of India is providing wheat, broken and non-basmatirice to aid food security to neighbouring countries, said DGFT.
LIVE News Updates
Minimum import price of Rs 50 per kilogram was introduced to protect the Indian Apple industry, said AS Peeyush Kumar.
LIVE News Updates
ASEAN- India trade review is aimed to be completed by 2025.
LIVE News Update: Discussions on CBAM continues with EU, says trade official
As per a trade official, healthy discussions happening with EU on CBAM. The EU's Carbon Border Adjustment Mechanism (CBAM) puts a fair price on the carbon emitted during the production of carbon-intensive goods entering the EU.
India-UK FTA talks continue, next round from Sept 18
On the India-UK FTA, conversations are continuing. The next round starts September 18. They had high-level engagements on the India-EU FTA during G20. The next round from October 16.
LIVE News Updates: Exports to US and imports from China decreases
Commerce Secretary Sunil Barthwal also stated during the trade briefing that petroleum imports have declined due to price effects in value terms. Coal, coke & briquettes have seen a decline fromIndonesia and Australia. Exports to the US have fallen from $ 35.15 billion to $ 31.55 billion on year whereas imports from China have gone down from 43.9 USD billion in August last year to $ 42.04 billion this year.
LIVE News Updates: Gems, jewellery doing bad in terms of export, import
While elaborating on trades, exports and imports during trade briefing, Commerce Secretary Sunil Barthwal said thatGems and jewelleryare leading the fall due to a slowdown in developed economies. Gems and jewellery saw a drop of $ 4.4 billion on year in August. They are notdoing well. A fall in exports is leading to a fall in imports too.
