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Increasing disposable incomes, surge in sales of high-end products and rapid urbanisation, among other things, are driving demand for luxury and premium paints. Source: Adobe Stock

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The Afghanistan Embassy here announced Saturday night that it is ceasing its operations from October 1, citing a "lack of support from the host government", failure to meet expectations in serving Afghanistan's interests, and reduction in personnel and resources.
In a statement, the Afghanistan Embassy in New Delhi said it regrets announcing the decision to cease its operations, effective October 1, 2023.
"It is with profound sadness, regret, and disappointment that the Embassy of Afghanistan in New Delhi announces this decision to cease its operations," the statement said.
The embassy said that this decision, while deeply regrettable, was made after careful consideration, taking into account the historic ties and long-standing partnership between Afghanistan and India.
The embassy statement also listed key factors affecting its ability to continue the mission effectively and said that they were the primary reasons for the "unfortunate closure".
The embassy cited a "lack of suppor

Afghanistan Flag

The Indian Railways utilised 59 per cent of its total capital expenditure in the first six months of the financial year 2023-24, Railways Minister Ashwini Vaishnaw said on Saturday.
This was made possible as the railways carried out 38 structural and procedural reforms in these six months, which helped improve its overall performance, he told reporters.
"Our total budget for 2023-24 is Rs 2.4 lakh crore, out of which we have already spent Rs 1.4 lakh crore in the first half of the current financial year. This is 59 per cent of the total budget," Vaishnaw said.
On the structural reforms carried out by the railways, he said the whole system of project execution, its finance and monitoring process have been revamped to bring in transparency and quality control.
The Item Rate Contract system has been changed to Engineering, Procurement, and Construction (EPC) contracts, which is better and more accountable, he added.
"Earlier, detailed project reports (DPRs) were made, which was more 

Union Railways minister Ashwini Vaishnaw

The combined market valuation of five of the top 10 most valued firms declined by Rs 62,586.88 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid an overall bearish trends in equities.
Last week, the BSE benchmark fell 180.74 points or 0.27 per cent, and the Nifty declined 35.95 points or 0.18 per cent.
The market valuation of TCS plunged Rs 26,308.58 crore to Rs 12,91,919.56 crore.
Infosys witnessed an erosion of Rs 25,296.43 crore from its valuation which was at Rs 5,95,597.10 crore.
The market valuation of Reliance Industries fell by Rs 5,108.05 crore to Rs 15,87,553.37 crore and that of Hindustan Unilever declined by Rs 3,865.08 crore to Rs 5,79,373.96 crore.
The market capitalisation (mcap) of HDFC Bank dipped Rs 2,008.74 crore to Rs 11,57,145.86 crore.
However, the mcap of Bajaj Finance jumped Rs 20,413.41 crore to Rs 4,73,186.41 crore.
Bharti Airtel added Rs 8,520.13 crore to Rs 5,19,279.14 crore in its valuation while

Asian Games 2023 Highlights, Day 8: India won three gold and a total of 15 medals to record their best-ever single-day medal haul to finish in 4th place in the medals tally in Hangzhou, China

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Gross GST collection rose 10 per cent to over Rs 1.62 lakh crore in September, crossing the Rs 1.6 lakh crore mark for the fourth time during current financial year.
Gross GST revenue collected last month was Rs 1,62,712 crore. Of this, Central GST was Rs 29,818 crore, State GST was Rs 37,657 crore, Integrated GST was Rs 83,623 crore (including Rs 41,145 crore collected on import of goods) and cess was Rs 11,613 crore (including Rs 881 crore collected on import of goods).
The revenue in September 2023 was 10 per cent higher than the GST revenue of Rs 1.47 lakh crore in the same month last year, the finance ministry said in a statement.
"During the month, revenues from domestic transactions (including import of services) are 14 per cent higher than the revenues from these sources during the same month last year. It is for the fourth time that gross GST collection has crossed Rs 1.60 lakh crore mark in FY 2023-24," it said.

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Afghan embassy in India announces shut down of operations from Oct 1

Railways utilised 59% of its capex in first 6 months of 2023-24: Vaishnaw

M-cap of 5 of 10 valued firms decline by Rs 62,586 cr; TCS biggest laggard

Asian Games Highlights, Day 8: 3 Gold, 15 total; India 4th in medals tally

Gross GST collection rises 10% to over Rs 1.62 trillion in September