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Government Raises Windfall Tax On Petroleum Crude By 41% Effective April 16

The Central government has implemented a significant increase in the windfall tax on petroleum crude, raising it by 41% from 6,800 rupees to 9,600 rupees per metric ton. This adjustment, effective April 16, 2024, marks the latest move in the government's ...

Govt To Consider Unified KYC: Here's What Mutual Fund, Insurance, Stocks, Bank Account Customers Should Know

Know Your Customer (KYC) process across India's financial sector, the government is considering the implementation of uniform KYC norms. This significant proposal, spearheaded by the Financial Stability and Development Council (FSDC) and championed by Finance Minister Nirmala Sitharaman, seeks to revolutionize ...

2 Tata Companies To Drive India's Semiconductor Mission With Investment Of Rs 1,18,000 Crore; Who Are They?

The Union Cabinet's decision on Thursday endorsed investments totaling Rs 1.26 trillion for the development of three semiconductor plants, among which is a proposal by the Tata group to construct the nation's inaugural major chip fabrication facility in Dholera, Gujarat. According ...

National Career Service (NCS): How To Apply For Jobs Under NCS, Check Here

In July 2015, the Indian government launched the National Career Service (NCS) portal under the Ministry of Labour and Employment with the aim of revolutionising career guidance and employment services in the country. This digital platform offers a plethora of services ...

Coal India: PSUs Bag 95.83% Of CAPEX Target To Rs 20,153 Crore; Utility Stocks In Focus

The Ministry of Coal announced on Wednesday that the state-owned Coal India Ltd. (CIL) is poised to surpass its CAPEX target of Rs 20,153 crore for the ongoing fiscal year. The government has once again demonstrated its pivotal role in driving ...

India Raises Windfall Taxes on Petroleum Amid Global Oil Market Slowdown

The Government of India announced on Thursday its decision to increase the windfall tax on petroleum, crude, and diesel, aiming to address concerns over supernormal profits in the energy sector. Effective February 16, 2024, the windfall tax on petroleum crude will ...

Goa Chief Minister Inaugurates Channel Partners Meet of Balmer Lawrie & Co Ltd

Goa Chief Minister Pramod Sawant inaugurated the Channel Partners Meet of Balmer Lawrie & Co Ltd, a public sector enterprise under the Ministry of Petroleum and Natural Gas, Government of India. Industry leaders, stakeholders, and channel partners from across the region came together at the meet....

Centre Signs Agreements with Successful Bidders in Seventh Round of Coal Mines Auction

The Centre has signed agreements with six successful bidders, including Hindalco Industries and NLC India Ltd, in the seventh round of coal mines auction. The estimated annual revenue from these blocks is approximately Rs 787.59 crore....

208% Surge In 6-Months: Small Cap IT Stock Bags Orders Worth Rs 500 Cr, Shares Rally

Zen Technologies shares witnessed a sharp rally of 37% in just 1-week and 41% in last 2-weeks. The small cap IT Software company, a leading provider of military training and anti-drone solutions, won two orders in last 9 days. It secured ...

How To Register For DigiLocker?

DigiLocker is one of the key initiatives launched by the Indian government as part of the "Digital India" project, introduced in 2015 by the Government of India. Digilocker helps in keeping official documents and certifications in virtual form/digital form, much like ...

Buy This Maharatna PSU Stock For Target Price Of Rs 275: ICICI Direct

ICICI Direct is bullish on Coal India Ltd. and suggests 'buy' for a target price of Rs 275 apiece. According to the brokerage's estimated target price, the stock is likely to gain 16% in 12 months if the stock is purchased ...

Emkay Global Bets On This Maharatna Stock For 36% Potential Gains, Details Inside

Emkay Global in its recently published report on NTPC, a Maharatna Company, has suggested buying the stock of the company for a Target price of Rs 188 per share. NTPC's coal unit PLF is back to the good old days, with ...

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