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BUSINESS NEWS CATEGORIES 

Excise duty on petrol, diesel hiked by Rs 3/lt; no change in prices; govt to get Rs 39,000 cr

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The government on Saturday hiked excise duty on petrol and diesel by a steep Rs 3 per litre each to garner about Rs 39,000 crore additional revenue as it repeated its 2014-15 act of not passing on gains arising from slump in international oil prices.Retail prices of petrol and diesel will not be impacted by the tax changes as state-owned oil firms adjusted them against the recent fall in oil prices and the likely trend in the near future, industry officials said. According to a notification issued by the Central…

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LEGAL NEWS NEWS CATEGORIES 

SC limits its functioning, 6 benches to take up only urgent matters

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 The Supreme Court has decided to limit its functioning due to the novel coronavirus pandemic and hold hearing of only six out of 15 benches on Monday.The six benches will take up for hearing only urgent matters and no persons, except lawyers concerned, will be allowed inside its courtrooms.According to the circular issued by the apex court on Friday, the six benches will comprise of Justices Arun Mishra and M R Shah, Justices U U Lalit and Vineet Saran, Justices A M Khanwilkar and Dinesh Maheshwari, Justices D Y Chandrachud…

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BUSINESS NEWS CATEGORIES 

Indian economy to benefit from slump in international oil prices

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The Indian economy will likely see significant benefits in the form of lower current account deficit, reduced inflation and higher GDP following a slump in international crude oil prices, Kotak Institutional Equities Research said on Wednesday.The collapse in cooperation between Saudi Arabia and Russia has triggered a plunge in oil prices that shows no signs of abating. Saudi Arabia has been cooperating with Russia to limit supply to the oil market and prop up prices.Market participants had expected OPEC+ (OPEC nations plus 10 non-OPEC oil-producing countries including Russia) to extend…

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LEGAL NEWS NEWS CATEGORIES 

Sexual harassment at workplace is affront to rights of woman: SC

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Sexual harassment at the workplace is an “affront” to the fundamental rights of a woman to equality, her right to live with dignity and to practice any profession or carry out any occupation, the Supreme Court has said.The apex court observed this while upholding the verdict of the Madhya Pradesh High Court which had quashed an order of transfer of a woman bank employee who had levelled allegations of sexual harassment against her senior officer.A bench of Justices D Y Chandrachud and Ajay Rastogi said the Sexual Harassment of Women…

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NEWS CATEGORIES SPORTS 

Hazard inspires Dortmund to win over former side Gladbach

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An inspired performance by Thorgan Hazard against his former club helped Borussia Dortmund claim a crucial three points in the title race with a 2-1 win away at Borussia Moenchengladbach on Saturday.The match was tense throughout and featured a Bundesliga season-high 10 yellow cards, with players from both teams needing to be pulled away from each other by Dortmund coach Lucien Favre at full-time.”It was a difficult game. Gladbach are efficient and our first half wasn’t great,” said Favre.”But after it was 1-1, we played well – and that was…

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NEWS CATEGORIES WORLD NEWS 

Biden and Sanders enter key phase in Democrats’ race

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Joe Biden and Bernie Sanders on Saturday began what amounts to a fresh campaign for the Democratic nomination for president, as the septuagenarians prepare to go head-to-head at the polls for the first time since the field narrowed to two credible candidates.Biden, the 77-year-old former vice president, spoke to a large crowd of supporters in Missouri, one of six states that will hold Democratic primaries on Tuesday, one week after the “Super Tuesday” elections brought about a dramatic reversal of fortunes in his favor. Standing on an outdoor stage on…

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ENTERTAINMENT NEWS CATEGORIES 

Sana Khan On Ex Melvin Louis’ “Men Are Victims Too” Post: “This Is Blackmailing”

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A day after Sana Khan’s ex-boyfriend Melvin Louis shared an uncensored audio clip of his conversation with her and allegedly accused her of “mocking” him and his race, the actress, in an exclusive interview to Pinkvilla reacted to his post and called it “blackmailing.” In the audio clip shared by Melvin, Sana can be heard saying in the starting: “I have to humiliate you. The point is, to feel better, publicly.” Talking about her statement, Sana told the publication: “This is blackmailing… A lot of people felt that it was…

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NATIONAL NEWS NEWS CATEGORIES 

Amid political drama, MP Cabinet to be expanded soon

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Against the backdrop of allegedpoaching attempts by the BJP, the Congress-led Madhya Pradesh government will expand its Cabinet soon, a senior leader of the state’s ruling party said on Sunday. The Congress recently alleged that the BJP “abducted” 14 MLAs to bring down the Kamal Nath government in the state. However, the BJP denied the allegation, saying it has nothing to do with the development, which it claimed was the result of “infighting” among Congress leaders ahead of the Rajya Sabha elections scheduled on March 26. “We are going to…

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BUSINESS NEWS CATEGORIES 

Govt to restructure SFIO; increase manpower to 350 at probe agency

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The government is set to more than double the manpower at the Serious Fraud Investigation Office (SFIO) to nearly 350 as it continues efforts to curb corporate wrongdoings. Corporate Affairs Secretary Injeti Srinivas said the process was on to further professionalise and streamline the SFIO. “Corporate frauds are very complex. The whole challenge is in getting quality people with domain expertise (for the SFIO).“The strength also has to be increased significantly. There is a proposal to increase it from 133 to close to 350,” Srinivas told PTI in an interview.The…

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LEGAL NEWS NEWS CATEGORIES 

Powerloom unit operator fined Rs 5 lakh for power theft

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A district court has convicted apowerloom unit operator from Bhiwandi town of Maharashtra in an electricity theft case and imposed a fine of Rs 5 lakh on him.In his order on February 29, District Judge P P Jadhav held the accused, Gufran Ahmad Ilias Ansari, 45, guilty under the Electricity Act, 2003, and imposed a fine of Rs 5 lakh, sparing him of prison term.In his submission, Assistant Public Prosecutor (APP) Vivek Kadu told the court that MSEB officials on November 5, 2003, conducted an inspection of the powerloom unit…

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