Nayara Energy raises petrol and Diesel amid West Asia war. NEW DELHI: Oil marketing companies have increased the price of bulk diesel by Rs 14.6 per litre, while private retailer Nayara Energy has raised pump prices of petrol and diesel by Rs 5 and Rs 3 per litre respectively, as elevated crude prices have started…
NEW DELHI: The rapid growth in solar and wind power generation, along with rising grid congestion and renewable energy curtailment, has prompted govt to announce a new transmission scheme with the launch of the third phase of the Green Energy Corridor (GEC), which got the Cabinet’s nod on Wednesday.With an outlay of nearly Rs 1.9…
Power demand hits 269 GW in Sept as hydropower deficit fuels electricity shortages. NEW DELHI: Hydropower generation fell nearly 12% below the projected requirement in the first six months of FY27 due to the El Nino-induced rain deficit, putting greater pressure on coal-fired generation and leading to shortages, especially during non-solar hours, in several parts…
The High Court observed that the tenant’s conduct indicated that he was neither a bona fide occupant nor a genuine tenant. (Image for representative purpose only) You are a tenant in a property, but the rent agreement is unregistered. Are you entitled to protection from eviction proceedings? The Madras High Court has held that a…
Lukoil oil deal enters US-Russia-Ukraine talks Talks between the US and Russia over ending the war in Ukraine have expanded to include a proposed multibillion-dollar deal for Lukoil’s international oil assets, with the prospective investor group including people with business ties to US President Donald Trump’s allies. The deal would require approval from both the…
NBFC asset quality remains resilient despite potential RBI rate hike (representative image) A potential Reserve Bank of India (RBI) rate hike is unlikely to trigger broad-based stress in the asset quality of non-banking financial companies (NBFCs), with risks expected to remain concentrated in select segments unless monetary tightening is prolonged or accompanied by a major…
Sebi to quickly move ahead with proposals Sebi chairman Tuhin Kanta Pandey on Saturday said that the market regulator would soon move ahead with its proposed changes to the Closing Auction Session (CAS) mechanism after receiving more than 3,500 comments on its consultation paper.The regulator had invited views on changes to the CAS, market timings…
The proposed line will extend the railway network from Rangpo to Gangtok. (Representative image) NEW DELHI: In a push to bring Sikkim’s capital Gangtok on the railway map, railway ministry has prioritised the plan for a 34-km rail link between Rangpo and Gangtok, estimated to cost around Rs 9,000 crore.TOI has learnt that the proposed…
UPI transactions rise 27% UPI’s digital tap-to-pay habit appears to be getting stronger by the month. The platform processed around 145 billion transactions in the first half of the current financial year, up 27% from 114 billion in the same period last year, according to National Payments Corporation of India (NPCI) data.The value of those…
Irdai plan to help check mis-selling MUMBAI: Insurance Regulatory and Development Authority of India (Irdai) introduced statutory caps on commissions and expenses of management (EoM) to put an end to commission-driven bidding wars and excessive upfront distributor payouts, ensuring cost efficiencies are directly passed on to policyholders through lower premiums, improved investment returns, and reduced…
