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Trump eases restrictions on use of dyed diesel in bid to cut fuel costs

Trump eases restrictions on use of dyed diesel in bid to cut fuel costs

President Donald Trump on Monday signed an executive order to ease restrictions on the use of a tax-exempt variety of diesel, his latest bid to pare costs for the fuel ahead of November’s midterm elections.

Trump signed the order during an event in Grand Island, Nebraska, part of a month-long blitz to rally Republican voters before an election that threatens to cost the president’s party control of Congress.

Several states seek extra power to avoid outages as supply tightens

Several states seek extra power to avoid outages as supply tightens

Several Indian states are seeking additional power allocations from the federal government to avoid outages as weak hydropower output and maintenance at some plants ​have reduced electricity supply during the night, two federal government officials said.

Rajasthan and ​Gujarat, among India's leading renewable-energy states, have sought additional supplies.

India, US have reached a plateau in trade talks, says FM Nirmala Sitharaman

India, US have reached a plateau in trade talks, says FM Nirmala Sitharaman

India and the United States have reached a ​plateau in their trade deal talks, ​India's Finance Minister Nirmala Sitharaman said on Monday, ‌a further sign that the two sides have hit a wall on a crucial deal.

Giving or taking more beyond that plateau would be "very, very difficult" for both countries, Sitharaman said at an event in New Delhi.

Shyam Metalics signs MoU for ₹50,000 crore steel plant in Maharashtra

Shyam Metalics signs MoU for ₹50,000 crore steel plant in Maharashtra

Shyam Metalics & Energy Ltd has signed a memorandum of understanding (MoU) with the Maharashtra government to set up a 9 million tonnes per annum (MTPA) integrated steel complex in Chandrapur, involving a proposed investment of ₹50,000 crore, the company said in an exchange filing on Monday.

The project, one of the largest proposed single industrial investments in the Vidarbha region.

SIR necessary, illegally included ineligible names must be removed: Yogi

SIR necessary, illegally included ineligible names must be removed: Yogi

Amid protests against SIR, Uttar Pradesh Chief Minister Yogi Adityanath on Monday said identifying ineligible names illegally included in the voter list and removing them is essential for India's security and unity.

While noting that India has been a guardian of democratic values for centuries, Adityanath asserted that the Special Intensive Revision (SIR) exercise was an important effort to further strengthen the country's democratic heritage.

L&T wins power transmission orders worth up to ₹15k cr in India, West Asia

L&T wins power transmission orders worth up to ₹15k cr in India, West Asia

Construction giant Larsen & Toubro (L&T) on Monday said its Power Transmission & Distribution (PT&D) business has secured multiple engineering, procurement and construction (EPC) orders in India and overseas to strengthen power transmission infrastructure and facilitate renewable energy evacuation.

GST Council likely to consider sweeping process reforms on Wednesday

GST Council likely to consider sweeping process reforms on Wednesday

The GST Council is likely to consider sweeping process reforms on Wednesday to make tax compliance easier for businesses, including allowing small e-commerce sellers to use platform warehouses for GST registration, protecting genuine buyers' input tax credit and reducing low-value litigation, sources said.

Rahul Gandhi launches 'Satyagraha' platform to unite protests across India

Rahul Gandhi launches 'Satyagraha' platform to unite protests across India

Congress leader Rahul Gandhi on Saturday alleged that truth is being suppressed and that it was his responsibility to ensure this did not happen, as he launched the 'Satyagraha' digital platform to consolidate issue-based protests occurring across the country.

He urged people to register their protests against the government on the 'Satyagraha' platform.

Nayara Energy increases petrol price by ₹5 per litre, diesel by ₹3

Nayara Energy increases petrol price by ₹5 per litre, diesel by ₹3

Nayara Energy, India's largest private fuel retailer, has raised petrol prices by ₹5 per litre and diesel by ₹3 with immediate effect, seeking to narrow the gap between retail prices and rising international oil and refined-product costs, people familiar with the matter said.

The latest increase comes amid renewed pressure on fuel retailers from higher global energy prices and follows a series of price adjustments by Nayara this year as refiners grapple with the impact of geopolitical disruptions on crude and product markets.

Sebi to soon issue framework on CAS; receives over 3,500 comments

Sebi to soon issue framework on CAS; receives over 3,500 comments

Market regulator Sebi will soon issue a framework on proposed changes to the Closing Auction Session (CAS) mechanism after receiving more than 3,500 comments on its consultation paper, its Chairman Tuhin Kanta Pandey said on Saturday.

The Securities and Exchange Board of India (Sebi) had sought public comments on its proposal to review certain aspects of the CAS, market timings and the settlement methodology for derivative contracts.

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