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Govt to allow 35% bio-bitumen mixing, saving Rs 10,000 cr in forex outflows

Gadkari said Indian Oil Corporation has a project in Panipat for making one lakh litres of ethanol per day from rice straw apart from 150 tonnes of bio-bitumen per day

Zomato allows customers to add cash delivery balance to their accounts

The online food delivery firm announced a significant increase in its consolidated net profit last week, reaching Rs 253 crore for the quarter ended June 2024

Piyush Goyal suggests Bimstec group members to relook proposed FTA

Reasons for slow progress can be non-trade barriers or trade barriers coming in way of normal trade, he said adding possible impact of other regional FTAs on Bimstec region could be cause of the delay

CBI takes over probe into UPSC aspirants deaths in Delhi coaching centre

Court had castigated police and Municipal Corporation of Delhi (MCD) over the students' deaths, saying it was unable to fathom how they could not come out of basement, so CBI was asked to take over

Pan masala makers to pay fine from Oct if machines unregistered with taxmen

Move to overhaul registration, record-keeping, and monthly filing of such businesses was aimed at improving Goods and Service Tax (GST) compliance for manufacturers of pan masala and tobacco products

Elections to 12 vacant Rajya Sabha seats from 9 states on September 3: EC

The notification for the Rajya Sabha elections will be issued on August 14 and the last date for filing of poll papers is August 21, the election commission said

Rain in Delhi causes waterlogging, traffic disruptions; more expected

Waterlogging was reported in several parts of central, north and east Delhi, causing traffic jams in the city

Godawari Power and Ispat Q1 results: Net profit grows 24% to Rs 287 cr

The company's board has also approved the appointment of MD Bajrang Lal Agrawal as the chairman with effect from August 9, 2024, in place of Shashi Kumar

FM proposes amendments to LTCG tax provision on immovable properties

The Budget 2024-25 proposal to remove indexation benefit in calculation of long term capital gains on sale of immovable properties evoked sharp criticism from various corners

ABFRL Q1 results: Net loss rises to Rs 214.92 cr, revenue at Rs 3,427.82 cr

Consolidated revenue from operations stood at Rs 3,427.82 crore in the first quarter as against Rs 3,196.06 crore in the year-ago period, Aditya Birla Fashion and Retail Ltd added

Dr Lal PathLabs Q1FY25 results: Net profit rises 28% to Rs 106 cr

Consolidated net profit rose 28 per cent to Rs 106 cr (around $13 million) for the quarter ended June 30, beating analysts' estimate of Rs 99.27 cr, per LSEG

Hiring activity up 11% in July on job market's positive momentum: Report

Coimbatore has emerged as the leader in job growth among India's Tier-II cities, with a 24 per cent increase in hiring, followed by Jaipur with a 23 per cent rise

India fastest growing retail market, to cross $1.4 trn by 2027: RIL

India is poised to become the third-largest retail market by 2030, the report said adding the growth is propelled by factors like increasing urbanisation and rising income levels

Bangladesh situation matter of concern for Northeast: Assam CM Sarma

Sarma said he was hopeful that the Centre would continue with dialogue with the new dispensation in Bangladesh and that concerns of the northeastern states would be at the forefront

FM Sitharaman tables Appropriation (No 2) Bill 2024 in Rajya Sabha

Sitharamam also introduced the Jammu and Kashmir Appropriation (No.3) Bill, 2024 in the Upper House, which has been passed in Lok Sabha

Cong asks govt to allow indexation benefits for savings in stocks, FDs

Leader of the Opposition Rahul Gandhi in his response to the Budget in Parliament categorically said that this was a "betrayal of the middle class" through removal of indexation

NLC India Ltd Q1FY25 results: Net profit rises 37% to Rs 566.69 cr

The income of the company in the April-June period rose to Rs 3,640.60 crore, over Rs 3,428.48 crore in the year-ago period, the filing said

Amazon partners with govt emporiums, NGOs, trade bodies to empower artisans

Customers can shop for over 1.5 lakh products featured from 25 states depicting regional various crafts of India

Consultation paper on spectrum allocation for satcom soon: Trai Chairman

We have received a reference from the government...it should take about a month's time to issue the consultation paper... you can expect it around the first week of September, Trai chief added

Portal to facilitate business visa for Chinese technicians started: Govt

The move assumes significance as some domestic manufacturing firms have flagged the issue of delay in getting visas for Chinese technicians