India is witnessing record-high inflation in edible oil prices. Food Secretary says country can produce up to 18-19 lakh tonnes of rice bran oil, up from current 11 LT.
Retail inflation, which was above 6 per cent during May and June, has started moving down and stood at 4.35 per cent in September.
The fuel will mainly be used at power plants located far from domestic mines, which are most vulnerable to disruptions. India has been grappling with shortages of coal since August.
Paytm had been seeking a valuation of above $20 billion based on initial investor feedback, while advisers on the deal recommended a lower pricing.
The figure includes income tax refunds of Rs 23,026 crore in 61,53,231 cases and corporate tax refunds of Rs 69,934 crore in 1,69,355 cases, an official Twitter post said.
Union minister Hardeep Singh Puri was addressing a session on reviving the economy at the 8th national forum hosted by Public Affairs Forum of India, a not-for-profit society.
Bitcoin has climbed to its latest high atop a tide of pandemic-era liquidity, speculative bets and expectations of wider adoption by institutional investors.
PM Narendra Modi's comments come weeks after Tata group emerged as the winning bidder for Air India paving the way for disinvestment of the loss-making carrier.
Increasing raw material prices, plummeting demand, delayed payments and high labour charges are posing several hurdles to MSMEs in Telangana.
Hindustan Unilever indicated that inflationary pressures were likely to persist, spooking investors. Its shares slipped 4% at the close of trading — the most since early May.