Prime Minister Narendra Modi on Thursday hit out at those trying to create panic on the LPG situation in India, and said they are not only exposing themselves before the people but also hurting the co

Global crude oil prices have surged again, briefly crossing $120 a barrel before easing. For India, which imports nearly 85% of its oil, this is more than just an energy story. It affects inflation, t

The White House has issued a strong warning to Iran over any attempt to disrupt oil shipments through the Strait of Hormuz — one of the world’s most critical energy routes.

The Donald Trump administration has launched fresh trade investigations into 16 major economies, including India and China, under Section 301 of the US Trade Act of 1974. Could new tariffs

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A new era of warfare.

The Shahed-136 is Iran’s “kamikaze” drone reshaping modern air combat. With a range of up to 2,000 km and designed for mass deployment, it for

India will get safe passage through Hormuz in next 2-3 hours: Iran envoy

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Ladakh Lt Governor Vinai Kumar Saxena on Saturday welcomed the central government's revocation of the detention of climate activist Sonam Wangchuk under the National Security Act, terming it a positive step for the region.All the same, Saxena said there is "no space for agitation" and violence in the Union territory, and suggested dialogue as a means to resolve the issues.
The Centre on Saturday said it has revoked with immediate effect Wangchuk's detention, nearly six months after he was arrested following violent protests in Leh that left four dead.
The same day, Wangchuk was released from Jodhpur jail, where he had been kept since the detention.
Saxena termed the Centre's move a "positive step", according to a statement issued by the Lok Bhavan.
"Ladakh has always been known for the patriotic spirit, nationalism, and peaceful nature of its people," he said.
Saxena, who took oath as the fourth Lt Governor of the Union Territory of Ladakh on Friday, said all issues can be resolve

Sonam Wangchuk, Sonam, Wangchuk

Press Trust of India

The National Consumer Disputes Redressal Commission (NCDRC) has directed Axis Bank to pay Rs 3.19 crore to a Delhi-based logistics company, holding the bank guilty of "deficiency in service" for refusing to accept demonetised currency notes for deposit during the 2016 demonetisation window.
The commission, comprising presiding member AVM J Rajendra and judicial member Anoop Kumar Mendiratta, was hearing an appeal filed by Procure Logistics Services Pvt Ltd against the Axis Bank.
In an order dated March 10, the commission said, "The bank clearly failed by repeatedly disallowing the complainant to deposit the notified cash into its own KYC-compliant account, despite multiple requests and persisted with this till the entire timeline lapses."
It was alleged that the bank refused to accept the notes during the limited period allowed after the government announced demonetisation on November 8, 2016.
The commission noted that nothing prevented the bank from accepting the cash and reportin

Axis Bank, Axis

The Tamil Nadu government on Saturday announced a subsidy of Rs 2 per unit of electricity for restaurants, hotels and tea shops that switch to electric stoves instead of commercial LPG cylinders to run their businesses.
Chief Minister M K Stalin has been holding review meetings since the conflict in West Asia began on February 28, which has led to a shortage of commercial LPG cylinders for eateries, the government said.
At a review meeting held on Saturday, it was decided to provide a subsidy of Rs 2 per unit for the additional electricity consumed by the hotels, tea shops and cloud kitchens using induction stoves.
"This subsidy will remain in effect as long as the commercial LPG usage restrictions announced by the Centre are in place," Additional Chief Secretary J Radhakrishnan said.
Briefing reporters at the Secretariat here, he said electricity consumption by hoteliers and restaurants has increased, with demand rising by about 50 MW above the average in the recent days.
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Consumer panel orders Axis Bank to pay ₹3.19 cr in demonetisation case

TN govt offers ₹2 per unit power subsidy for eateries using induction

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India will get safe passage through Hormuz in next 2-3 hours: Iran envoy

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Welcome Wangchuk's release, no space for agitation or violence: Ladakh L-G

Consumer panel orders Axis Bank to pay ₹3.19 cr in demonetisation case

TN govt offers ₹2 per unit power subsidy for eateries using induction

Most Popular

Read

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India will get safe passage through Hormuz in next 2-3 hours: Iran envoy

Iranian missile strike damages five US refuelling aircraft at Saudi airbase

US bombs military targets on Iran's Kharg Island as war escalates

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