Month: September 2023

IRDAI has a ten-member team led by the Chairman alongside five whole-time members and four part-time members, which are being filled by the government. | The Hindu

While the real monthly income of food delivery workers fell from ₹13,500 a month in 2019 to ₹12,000 in 2022, fuel costs as a share of their income increased from … Read More

Windfall tax on domestically produced crude oil was set at ₹6,700/tonne; the duty on jet fuel or ATF will be reduced to ₹3.5/litre effective Saturday, from ₹4/litre currently. | The … Read More

The basic customs duties and other levies will continue on eight products, including apple and walnut from the US as well as other countries, a senior government official said on … Read More

The government has increased the windfall tax on petroleum crude to 10,000 rupees ($120.36) per ton from 6,700 rupees, effective September 16, according to a government notification on Friday. The … Read More

The National Green Tribunal (NGT) has issued a notice to Jindal Steel and Power Limited in connection with the death of a worker after hot or molten slag allegedly fell … Read More

Govt. calls out critics for ignoring high-frequency data like Purchasing Managers’ Indices; says IIP numbers understate manufacturing growth | The Hindu

Of the 31 Appellate Tribunals in 28 States and UTs, the highest number is in U.P.; CII says speedier resolution of cases by specialised tribunals will help bolster business sentiments … Read More

Pace of decline eased to 6.86% from double digit contractions in recent months | The Hindu

India’s benchmarks hit new record highs for the second consecutive session on Friday, tracking Asian peers, as stronger-than-expected macroeconomic data from China and easing US rate concerns aided sentiment. The … Read More