Top headlines: Vedanta wins arbitration claim; direct tax mop up improves

From Russian vaccine making its way to India to ONGC withdrawal from Sudan oil fields, here are top headlines this morning

Anil Agarwal's Vedanta wins case for $499-million arbitration award claim

Anil Agarwal-led Vedanta got a relief when the Supreme Court on Wednesday rejected the government plea challenging an arbitration award allowing the company to recover $499 million instead of $198 million it (government) had capped for developing the Ravva oil and gas fields. Read More

Gradual revival in economic activity? Decline in direct tax mop up eases

The rate of contraction in direct tax collection has reduced thanks to the payment of the second installment of advance tax, indicating a gradual revival of economic activity in some sectors