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Record-breaking cash seizure: Income Tax raids on Odisha distillery group unearth Rs 290 crore

The tax department has mobilized approximately 40 large and small machines for counting currency notes, enlisting additional department and bank personnel to expedite the counting process initiated on December 6 during the raids on Boudh Distillery Pvt Ltd and others.

Orissa , India , Bolangir , Titlagarh , Ranchi , Jharkhand , Sambalpur , Odisha , Dhiraj-prasad-sahu , Narendra-modi , Congres-rajya-sabha , Income-tax-department

green steel: Europe's green steel mandate rocks Indian steel exports

Europe's Carbon Border Adjustment Mechanism (CBAM) scrutinizes high-carbon emissions in imported steel, impacting Indian exporters reliant on polluting processes. CBAM's initiation prompts India's shift towards greener steel production. India emits more carbon (2.6 tons per ton of steel) compared to the global average (1.85 tons), affecting potential duties. Steel exports of Rs 51,334.03 crore faced decline, with key markets in Europe. Indian strategies focus on Net-Zero targets by 2070, embracing Green Hydrogen and Carbon Capture technologies.

Netherlands , India , Germany , Spain , Poland , Italy , Belgium , United-kingdom , Green-hydrogen , Steel-ministry , A-european-union

crude oil: MEA to take a call on allowing US-sanctioned ships carrying Russian crude

In response to recent developments, a top government official has revealed that India's External Affairs Ministry will make the decision on whether to permit the entry of three vessels—Kazan, Ligovsky Prospect, and NS Century.

New-delhi , Delhi , India , Ukraine , Australia , Cochin , Kerala , United-states , Russia , Russian , Shyam-jagannathan , Sarbananda-sonowal

PM Modi: PM Modi dedicates 77-km Western Dedicated Freight Corridor section to the nation

Prime Minister Narendra Modi inaugurated the 77-km New Bhandu-New Sanand section of the Western Dedicated Freight Corridor (DFC) in India. This new railway section is set to improve the transportation of goods from ports and manufacturing hubs in the region.

Porbandar , Gujarat , India , Viramgam , Detroj , Ahmedabad , Mumbai , Maharashtra , Jamnagar , Bhandu-new-sanand , Freight-corridor-corporation-of-india-ltd

South China Sea: Unpacking South China Sea tensions: The root causes of Philippines and China's dispute

Heightened tensions are unfolding in the South China Sea, where territorial disputes have long simmered. The Philippines and China are now at the center of renewed concerns, as disagreements over submerged shoals grab global attention.

Philippines , South-china-sea , Brunei-general- , Brunei , China , South-china-sea-dispute , South-china-sea-conflict , Us-china , China-latest-news , Us-china-news , Spratly-islands

Karnataka Raids: Nearly Rs 94 cr cash, jewellery seized after IT searches govt contractors, realty developers

The Income Tax department in India has seized Rs 94 crore in cash, as well as gold, diamond jewellery, and luxury watches, following raids on government contractors and real estate developers in Karnataka and other states. These contractors, it claimed, were also involved in booking expenses for non-business purposes.

Karnataka , India , Delhi , Bengaluru , Telangana , Andhra-pradesh , Nalin-kumar-kateel , Income-tax-department , Income-tax , Central-board , Direct-taxes , Chief-minister-siddaramaiah

transport of: Festive cheer with minor headwinds; 6 logistics companies with upside potential of up to 38%

Last weekend, when the situation in Israel emerged. First thoughts on the street was that a sharp rise in the crude oil price is inevitable. Initial reaction was pretty much on the same line, however that spike did not sustain beyond one day. Is that an indication that the crisis in the most oil sensitive part of the world was not able to push oil prices higher than what would make them rise. While the whole of the Indian economy would like oil prices to stay low, one sector which would like it more than any other sector is logistics. Especially in the midst of the festive season.

Israel , Google , Market-research , Unlimited-access , Economic-times , Saver-sale , Membershipclaim-offer , Prime-story , Debit-cards , Includes-docubay , Economic-times-stories

Doha performance: Bruno Mars cancelled historic Tel Aviv concert amid escalating Israel-Palestinian conflict

Last Wednesday, Mars delivered a stunning performance during his first show at the iconic venue, with two Tel Aviv acts opening the evening, resulting in nearly four hours of musical magic. Both concerts were brought to life by the Bluestone Group, a Live Nation Israel subsidiary.

Disclaimer-statement , Economic-times , Doha-performance , Runo-mars , Bruno-mars-tel-aviv-concert , Israel-palestinian-conflict , Bluestone-group , Benjamin-netanyahu , Transport-of ,

israel: Initial shipment of advanced US weapons lands in Israel as President Biden vows support

The first shipment of advanced US weapons and equipment has arrived in Israel to support its fight against Hamas. The delivery was made through a joint operation involving the Israel Ministry of Defence, the US Procurement Mission, and the International Transportation Unit. The US has already begun delivering munitions and military equipment to Israel, with further supplies being reviewed. President Joe Biden condemned the terror attacks carried out by Hamas and pledged support for Israel.

Israel , United-states , Washington , White-house , District-of-columbia , Tel-aviv , Americans , American , John-kirby , Joe-biden , Jake-sullivan , Ministry-of-defence-spokesperson-office

infosys: Infosys Foundation felicitates eight social innovators with third edition of Aarohan Social Innovation Awards

Infosys Foundation founder Sudha Murthy said compassion is the basis of the foundation's work. "While social innovations are less lauded than technological, they are what the country needs today...which is what Aarohan awards encourage," she said.

Mumbai , Maharashtra , India , Sudha-murthy , Infosys , Infosys-foundation , Bengaluru , Healthcare , Aarohan-social-innovation-awards , Transport-of , Arvind , Reliance