The Centre on Thursday cut the windfall profit tax on domestically produced crude oil from Rs 5,050 per tonne to Rs 4,350 per tonne. The additional excise duty on ATF was also cut to Rs 1.5 per litre from Rs 6 per litre earlier.

Further, the government also slashed tax on export of diesel to Rs 2.5 per litre from Rs 7.5 per litre. Petrol continues to have zero excise duty. The new rates will come into effect on February 16.

Voting for the 60-member Assembly in Tripura began at 7 am on Thursday amid tight security, said Chief Electoral Officer (CEO) Gitte Kirankumar Dinakarrao.

Altogether 28.13 voters are scheduled to exercise their franchise during the day in 3,337 polling stations of the northeastern state to determine the fate of 259 candidates, he said.

An earthquake with a preliminary magnitude of 6 rocked the Philippines on Thursday morning, the Philippine Institute of Volcanology and Seismology said.

The institute said the quake, which occurred at 2:10 a.m. local time, hit at a depth of 10 km, about 11 km southwest of Batuan town in Masbate province on the main island of Luzon, Xinhua news agency reported.

World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus on Wednesday (local time) said that the organization will continue pushing until it finds an answer to how the Covid-19 pandemic started, following a report suggesting it had abandoned the search.

"We need to continue to push until we get the answer," Tedros Adhanom Ghebreyesus told reporters, referring to the search for the origins of the virus that first began spreading in China in late 2019.

Global rating agency Standard and Poor's (S&P) has placed Adani Transmission Ltd's (ATL) environmental, social, and governance (ESG) evaluation under review. This follows recent allegations of significant governance lapses at the Adani group of companies.

On January 24, 2023, a short-seller report (Hindenburg report) claimed there were significant governance issues at the Adani group. Many allegations relate to disclosures and actions at the shareholder level. Since then, equity and bond prices have plummeted for the group's entities, including ATL.

The consolidated earnings of Bharat Forge in October-December quarter (Q3FY23) missed estimates, largely due to higher-than-expected interest burden although operational numbers (including standalone numbers) were close to consensus.

However, the management guidance was positive and appears to be based on logic.

The Income Tax department survey operation against the BBC India continued for the second day with the sleuths understood to be making copies of electronic and paper-based financial data of the organisation, officials said Wednesday.

The tax department had launched the action on Tuesday at the BBC's Delhi and Mumbai offices along with at least two linked premises as part of an investigation into alleged tax evasion against the British broadcaster in India.

Prime Minister Narendra Modi will inaugurate 'Aadi Mahotsav', a mega national tribal festival, on Thursday here as part of the efforts to showcase the tribal culture on a large scale.

The Prime Minister's Office (PMO) noted that Modi has been at the forefront of taking steps for the welfare of the tribal population while also according due respect to their contribution in the country's growth and development.

Aditya Birla Group is in discussions with banks to raise funds at a promoter level for an equity infusion into Vodafone Idea (Vi), a report in the Economic Times (ET) said. The group is reportedly looking to raise long-term debt and use preferential share allotment as its route.

This comes after the Centre agreed to convert dues worth Rs 16,133 crore into equity.

The Competition Commission of India (CCI) is about to complete its investigation into the billing policies of Apple and its app store, a report in the Economic Times (ET) said, citing people aware of the matter. The iPhone maker may, like Google, be asked to change its app and commission policies by the competition regulator.

In December 2021, CCI had initiated a probe into Apple's policies following allegations by Together We Fight Society about its high commission and lack of third-party options.

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