Business

The Ministry of Petroleum and & Natural Gas said that It has been observed that Private Oil Marketing Companies are experiencing a decline of approximately 38% in HSD offtake during the current month, across both retail outlets and bulk customers due to higher rates fixed by them.

The apex court ruled that when real money is involved in any game, it can be treated similarly to betting or gambling for taxation purposes. The court also clarified that merely calling a game “skill-based” does not exempt it from GST liability.

Responding to the judgment, Ravindran said, "I am disappointed that the recent Singapore court matter has been pursued and reported in a manner that creates a misleading impression about me, especially at a time when all key parties have almost concluded the settlement discussions."

Speaking about ongoing discussions with New Delhi, Greer further stated that he may soon meet Union Commerce Minister Piyush Goyal to conclude negotiations.

According to the release by the Ministry of Electronics & IT, so far, 12 Fab/Packaging projects have been approved along with 24 semiconductor design projects, under the Semicon India Programme.

US Secretary of State announced two major initiatives aimed at strengthening maritime security cooperation in the Indo-Pacific, including the launch of the Indo-Pacific Maritime Surveillance Cooperation Initiative.

The report highlights that April recorded US$2.7 billion in PE/VC investments, marking a 49% year‑on‑year decline from US$5.3 billion in April 2025 and a 51% month-on-month drop compared to US$5.5 billion in March 2026.

Sharma's remarks highlight growing concerns over supply disruptions and rising energy security challenges for the country.

Amid fuel supply constraints arising due to the Iran-US war, the Centre has trimmed its excise duty on fuel import by Rs 10 per litre.

Addressing the SIDBI Foundation Day Programme in Mumbai, Union Finance Minister said, "My message to SIDBI and to every banker here is that standard products cannot serve non-standard businesses."

Rubio said the United States is currently dealing with the consequences of a large-scale migration crisis, which prompted the administration to reform its immigration framework.

Implementation of projects under BHAVYA will be undertaken through Special Purpose Vehicles (SPVs) incorporated under the Companies Act, 2013.