NEW DELHI: Minister for petroleum and natural gas, Hardeep Puri, stated that India’s journey towards energy self-sufficiency is gaining momentum. On Sunday morning, the minister noted that the Numaligarh Refinery in Assam is undergoing expansion to increase its refining capacity from 3 million tonnes per year to 9 million tonnes per annum (MMTPA).The minister shared…
PATNA: Bihar CM Nitish Kumar Saturday laid the foundation stone for a Rs 1,600-crore cement grinding unit of Ambuja Concrete North Private Limited, a subsidiary of Gautam Adani‘s Ambuja Cement Limited (ACL), at Warisaliganj industrial area in Bihar’s Nawada.“The investment is a testament to Bihar’s growth potential and our commitment to fostering sustainable development for…
NEW DELHI: India may take nearly 75 years just to achieve one-fourth of US income per capita, as per a recent World Bank report that offers the first extensive blueprint for developing countries to overcome the “middle-income trap.”More than 100 countries, including India, China, Brazil, and South Africa face serious challenges in becoming high-income countries…
Income Tax Return (ITR) Filing FY 2023-24: The deadline for filing Income Tax Returns for FY 2023-24 was July 31, 2024. However, if you haven’t been able to file your ITR within the deadline, you can always file a belated ITR. It is important to note that you may face certain penalties or consequences for…
NEW DELHI: Air India Express is celebrating India’s 77th Independence Day with the launch of its “Freedom Sale“, which is exclusively available on the airline’s website and offers Xpress Lite fares starting at Rs 1947.Customers can book their tickets until August 5 for travel until September 30, 2024, on both domestic and international flights. Sharing…
Delhi-Mumbai Expressway status: The Delhi-Mumbai Expressway’s completion timeline has been adjusted to October 2025, according to Nitin Gadkari, the minister of road transport and highways. The Delhi-Mumbai Expressway, once fully functional, will reduce the road travel time between the two cities to just 12 hours!Gadkari told the Rajya Sabha on Wednesday that 1136 km out…
Budget 2024 capital gains tax changes: The Narendra Modi government is considering suggestions for tweaks in the new long term capital gains tax regime that was announced by FM Nirmala Sitharaman in Union Budget 2024.The July 23 budget reduced the LTCG tax on property from 20% to 12.5%. The indexation benefit, which allowed taxpayers to…
NEW DELHI: After heavy rains lashed out the streets of Delhi causing waterlogging in several areas on Wednesday, an announcement by IndiGo left the airline customers on X irritated further.The announcement was about a possible delay in flights but what annoyed the customers was the apparent cheerful tone of it. “We have a special announcement…
Income Tax Notice on the way? The Income Tax Department is gearing up to send out a large number of notices in the coming month, as there are concerns that many taxpayers might escape the tax net due to the impending implementation of the new reassessment law on September 1, 2024.According to the amended regulation…
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, ouched new peaks in opening trade on Thursday. BSE Sensex crossed the 82,000 mark for the first time, and Nifty50 too climbed the 25,000 peak to hit a new high. At 9:16 AM, BSE Sensex was trading at 81,939.85, up 199 points or…
