IEX subsidiary seeks licence to launch India’s first organised coal trading exchange NEW DELHI: Indian Energy Exchange’s (IEX) subsidiary, Indian Coal Exchange, has applied to the coal controller organisation (CCO) for a licence to operate a coal exchange in India.Once the licence is granted, Indian Coal Exchange will operate as a physical delivery-based coal trading…
Internal dispute has also affected Tata Sons’ leadership, with Noel Tata opposing the board to give chairman N Chandrasekaran another five-year term. Mehli Mistry to leave Tata Med Centre Trust, his 6th such exitNEW DELHI: Tata Trusts, which hold a 66 per cent stake in Tata Sons, have proposed merging two operating companies with the…
Global economic turmoil and geopolitical uncertainty are weighing heavily on investor’ sentiment. Stock market crash today: The stock market is bleeding badly and today’s crash has taken the 30-share index, BSE Sensex, to a six-month low! Indian equity benchmarks have not been hitting new highs for two years now, but the latest bloodbath suggests that…
The Index of Industrial Production (IIP) recorded an index level of 123.3 in August, compared with 114.2 in the same month a year ago NEW DELHI: India’s industrial production grew 8 per cent year-on-year in August 2026, accelerating from the revised 7.4 per cent growth recorded in July, according to data released by the Ministry…
Income tax audit date extended by CBDT by 21 days NEW DELHI: The Central Board of Direct Taxes (CBDT) on Monday extended the due date for filing income-tax returns for Assessment Year 2026-27 by certain taxpayers subject to audit under the Income-tax Act, 1961.The deadline for filing the Return of Income has been extended from…
The LNG-powered train operates on a dual-fuel diesel-plus-LNG system developed for its Driving Power Cars (DPCs). Within months of launching its first hydrogen train, Indian Railways has now rolled out its first LNG train. Home Minister Amit Shah on Sunday flagged off India’s first LNG train from Sabarmati station in Gujarat.The move is part of…
China cuts tariffs on US farm goods China is offering Washington a little tariff relief — but the door is far from fully open.Beijing plans to cut tariffs on several US agricultural goods, while keeping an additional 10% tariff on soybeans, one of the biggest US farm exports to China.The Chinese commerce ministry’s tariff-reduction list…
Introducing MDR on UPI merchant payments could help expand its use for cross-border transactions, says JP Morgan executive. MUMBAI: The introduction of merchant fees on UPI transactions could help expand its use in cross-border payments by giving merchants an alternative that remains cheaper than cards and cash, said Max Neukirchen, co-head of JP Morgan Global…
The case took a significant turn in 2007, when the landlady borrowed Rs 25 lakh from the tenant. (Image for representative purpose only) You rent out your property and the rent agreement expires, and the tenant does not vacate it, but continues to pay you higher rent. Are you entitled to claim mesne profits, which…
BENGALURU: IIT Madras and venture capital firm Unicorn India Ventures have announced the first close of about Rs 450 crore for their Rs 1,000-crore deeptech fund, with roughly a third of the capital coming from overseas investors. The fund will back capital-intensive startups that can take years to reach commercial scale.IITM Unicorn Frontier Fund I,…
