Finance Minister Nirmala Sitharaman had on March 5 indicated the government's intent to appeal against the award when she said it is her \"duty\" to appeal in cases where the nation's sovereign authority to tax is questioned

Call on bringing fuels under GST to be taken closer to GST Council meet: Sitharaman Amidst the rise in fuel prices, Finance Minister Nirmala Sitharaman on Friday said she might take a call closer to the GST Council meeting about proposing to the Council to bring petrol and diesel under the goods and services tax (GST). Sitharaman admitted that taxes on fuels should be brought down to reduce the burden on consumers, and called pricing a worrying issue. Dual airbags mandatory for new cars f...

Iran's rupee reserves in India's UCO and IDBI Bank, the two lenders authorised to facilitate rupee trade, have depleted significantly

Stock Market Updates Today: HDFC Bank, HDFC, L&T, Bajaj Finserv, Axis Bank, Kotak Mahindra Bank were among top losers, while ONGC, Infosys, Sun Pharma, Mahindra & Mahindra were among top gainers

Fall in India's exports comes after a year-on-year (y-o-y) growth of 6.2 per cent and 0.1 per cent in exports in the previous two months

India could consume 215.24 million tonnes of refined fuels in the financial year 2021/22 compared to the revised estimate of 195.94 million tonnes consumed in 2020/21, data posted on the website of Petroleum Planning Analysis Cell (PPAC) showed

The Ministry of Finance is considering cutting excise duties on petrol and diesel to cushion the impact of record-high domestic prices, three government officials close to the discussions said. As the coronavirus pandemic hit economic activity, Prime Minister Narendra Modi's government  raised taxes twice on petrol and diesel in the last 12 months to boost sagging tax revenues instead of passing on the benefits of low oil prices last year to consumers. Watch the video for more.Also Read: ATF price up by steep 6.5%; petrol, diesel unchanged

\"We are discussing ways in which prices can be kept stable. We will be able to take a view of the issue by mid-March,\" say sources

Market capitalisation of Indian Oil rose to Rs 0.94 lakh crore. The stock has touched a 52-week high of Rs 112 and a 52-week low of Rs 71.15

Stock Market Updates Today: Sectorally, all the indices were rising, with 1.8% rise in media, financial services, PSU Bank and private banking indices.

The minister observed that a large amount (average Rs 8 and higher per unit) is being paid by the MSMEs for power consumption, which contributes to up to one-fifth of the overall production costs

The Rs 819-crore IPO of telecom infrastructure provider received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer

Saudi Arabia's Crown Prince and de facto ruler Mohammed bin Salman has put Public Investment Fund (PIF), Saudi Arabia's main sovereign wealth fund, at the centre of reforms aimed at diversifying the economy of the world's top oil exporter away from fossil fuel

Stock Market News Updates Today: Airtel, HDFC twins, ICICI Bank, Kotak Mahindra Bank, Infosys, IndusInd Bank and Axis Bank were trading among the top gainers. Today, Sensex hit a record high of 52,235 and Nifty hit a lifetime high of 15,340

In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Hardeep Singh Puri said the equalisation levy collection stood at Rs 338.6 crore in 2016-17, Rs 589.4 crore in 2017-18, and Rs 938.9 crore in 2018-19

Inflation in food basket almost halved to 1.89 per cent in January as compared to 3.41 per cent recorded in December on the back of 15.84 per cent decline in vegetable prices

The offer for sale by one of the largest neutral telecom infrastructure providers in India, traded at a premium of Rs 40 in the grey market, implying a premium 42% over the upper end of price band

The audit showed that there were 3,463 instances in 91 out of 188 outlets (Indian Oil - 40, Hindustan Petroleum -35 and Bharat Petroleum -16) when dealers were not prompt in changing the prices at the prescribed time of 6 a.m

During 2020-21, a total of 2,200 FPO produce clusters have been allocated for formation of FPOs, which also include specialised FPO produce clusters such as 100 for organic, 100 for oil seeds

The policy for $6-billion-per-annum domestic vehicle scrapping and recycling market has raised hopes of sustainable recovery for the down-and-out automobile industry