Budget 2020

India wields oil ‘weapon’ to cut dependence on Saudi

When India’s government last month asked refiners to speed up diversification and reduce dependence on the Middle East – days after OPEC+ said it would maintain production cuts – it sent a message about its clout and foreshadowed changes to the world’s energy maps. It was a move that had been in the works for […]

Budget 2020

Petrol, diesel prices cut for the second day

Petrol and diesel prices were on Thursday cut for the second straight day as international oil prices cooled fell on prospects of speedy recovery in consumption getting clouded by second wave of COVID-19 cases. Petrol price was cut by 21 paise per litre and diesel by 20 paise, according to a price notification of state-owned […]

Budget 2020

High petrol, diesel prices burden on consumers; tax cut should be joint call of Centre, States: Nirmala Sitharaman

Economists at SBI in a report stated that petrol price can go down to ₹75 a litre across the country if it is brought under the ambit of GST. Finance Minister Nirmala Sitharaman on Friday acknowledged that consumers have a case for petrol and diesel prices to be brought down but said a reduction in […]

Budget 2020

Jaguar Land Rover to cut 2,000 jobs globally

This follows the announcement that Jaguar brand will be entirely electric by 2025. Jaguar Land Rover said on Wednesday it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire line-up will be launched by 2030. “The […]

Budget 2020

Union Budget 2021 | Culture Ministry budget cut by nearly 15%

The Ministry has been allocated ₹2,687.99 crore. The Culture Ministry’s expenditure budget for 2021-2022 was cut by nearly 15% compared to the Budget Estimates (BE) for 2020-2021, according to the Budget documents tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday. The Ministry has been allocated ₹2,687.99 crore. It was ₹3,149.86 crore in the […]

Sports

Sports budget takes cut of Rs 230.78 crore, Khelo India sees biggest reduction

The impact of the COVID-19 pandemic was felt on the national sports budget as the central government on Monday allocated Rs 2596.14 crore for the financial year 2021-22 — a reduction of Rs 230.78 crore when compared to the amount earmarked initially for the previous year. In the last financial year, the government had allocated […]

Sports

Matthew Wade cut from Australia Test squad for South Africa series

Matthew Wade has been cut from Australia’s test squad for the scheduled tour to South Africa. While the 33-year-old wicketkeeper-batsman didn’t make the 19-player list for South Africa, though, he was picked as vice-captain of an 18-player squad that is set to play New Zealand in a series of Twenty20 matches. The tours are expected […]

Sports

Ajinkya Rahane refuses to cut kangaroo on cake after triumphant return from Australia

Ajinkya Rahane’s Indian cricket team returned to a hero’s welcome from their 2-1 series win in Australia. Skipper Ajinkya Rahane, who returned to his Dadar home on Wednesday night, was received in his neighbourhood with a ‘kangaroo cake’, which Rahane refused to cut. The incident was shown on a Marathi TV channel. Marathi news channel […]