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Highlights of the day: Govt hikes windfall tax on petroleum crude

Latest news updates: Catch all the latest updates from around the world here

Image BS Web Team New Delhi
crude oil

The Indian government hiked its windfall tax on petroleum crude to Rs 4,600 a metric ton from Rs 3,300 with effect from March 1, according to a government notification released on Thursday.

Indian economy grows by 8.4 per cent in October-December 2023 against 4.3 per cent a year ago, according to Govt data.
 
On Indians stuck in Russia, MEA Spokesperson Randhir Jaiswal says, "We have an understanding that 20-odd people are stuck. We are trying our level best for their early discharge. We have issued two statements which you saw. We've also told people not to venture into the war zone or get caught into situations which are difficult. It. We are in regular touch with Russian authorities both here in New Delhi and also in Moscow."
 
The Supreme Court today dismisseed Vedanta group's plea against shutting down of its copper smelting plant in Tamil Nadu's Thoothukudi. The Tamil Nadu government was backed by the Supreme Court regarding the decision to close the Sterlite plant

India is set to auction 18 critical mineral blocks as a part of its second round of mining auctions, news agency Reuters reported today.

Prime Minister Narendra Modi laid the foundation stone of several development projects worth about Rs 17,000 crore across Madhya Pradesh. The projects cater to a number of important sectors including irrigation, power, road, rail, water supply, coal, industry, among others. Prime Minister also launches the Cyber Tehsil project in Madhya Pradesh.

The caste census of Karnataka state for 2014-15 was submitted by the Karnataka State Commission for Backward Classes to the state government today.The census report, titled, "Caste Census Survey Report for 2014-15", also called the Social and Education Status Survey-2015, has been overseen by the commission led by Jayaprakash Hegde.

Aviation regulator DGCA has levied Rs 30 lakh fine on Air India for wheelchair incident involving 80-year-old passenger at Mumbai airport.

The Terrorist and Anti-Disruptive Activities Act (TADA) court has acquitted Abdul Karim Tunda, the main accused in the 1993 serial bomb blasts case, for lack of evidence. Syed Abdul Karim, alias Tunda, was accused of masterminding more than 40 bombings in India in 1993 before fleeing to Bangladesh. He was arrested by the Indian authorities in 2013 from the India-Nepal border at Banbasa.

Himachal Pradesh Assembly speaker on Thursday disqualified six Congress legisators who defied the party whip to vote in favour of government on the Financial Bill. 

Prime Minister Narendra Modi will address the 'Viksit Bharat Viksit Madhya Pradesh' programme through video conferencing today. PM Modi will lay the foundation stone worth several development projects worth about Rs 17,000 crore across Madhya Pradesh. The projects are related to sectors including irrigation, power, road, rail, water supply, coal, industry, among others. The Prime Minister will also launch the Cyber Tehsil project in Madhya Pradesh, the Prime Minister Office stated.

After a pickup vehicle overturned as the driver lost control, at least 14 people died whereas 21 others were injured in Madhya Pradesh's Dindori district. The incident took place under the jurisdiction of the Shahpura police station of the district when the affected people were returning from a 'godh bharai' programme, according to the police. Police and other officials admitted the injured to Shahpura's community health centre where they are receiving treatment. The dead were sent for postmortem.

Replying in the United Nations (UN), India said that a country that has institutionalised the systemic persecution of its minorities and has a truly abysmal human rights record has no right to comment on India. First Secretary Anupama Singh said that regarding Pakistan's lengthy mentions of India, it is very regrettable that the Council's forum has once again been abused to propagate flagrantly false accusations about India. "With regard to the extensive references to India made by Pakistan, we note that it is deeply unfortunate for the Council's platform to have once again been misused to make patently false allegations against India," she said.

10:56 PM

Govt hikes windfall tax on petroleum crude to Rs 4,600 a metric ton from Rs 3,300 with effect from March 1

The Indian government hiked its windfall tax on petroleum crude to Rs 4,600 a metric ton from Rs 3,300 with effect from March 1, according to a government notification released on Thursday.
9:04 PM

Dera Sacha Sauda chief Gurmeet Ram Rahim should not be given parole without permission of the Court: HC

Dera Sacha Sauda chief Gurmeet Ram Rahim should not be given parole without permission of the Court, said High Court to Haryana Government. The Court directed the State of Haryana to furnish an affidavit as to how many persons having such criminal antecedents and sentenced in three cases have been granted this benefit
8:15 PM

NCP, SCP Chief Sharad Pawar extend invitation to Eknath Shinde, Deputy CMs for lunch on March 2

NCP, SCP Chief Sharad Pawar extend invitation to Chief Minister Eknath Shinde, Deputy CMs Ajit Pawar and Devendra Fadnavis for lunch at his Baramati residence on March 2.
 
The letter reads. "After taking oath as CM of the state, the CM is coming to Baramati for the first time and I am very glad about his visit to attend the Namo Maharojgar Event in Baramati. Therefore I would like to extend the invitation for the meal at my residence after the event along with his other Cabinet colleagues."
7:28 PM

DRDO successfully flight tests Very Short Range Air Defence System

DRDO conducted two successful flight tests of Very Short-Range Air Defence System (VSHORADS) missile on 28th & 29th Feb 2024 from a ground based portable launcher off the coast of Odisha from Integrated Test Range, Chandipur. These tests were carried out against high speed unmanned aerial targets under different interception scenarios. During all the test flights, the targets were intercepted and destroyed by the missiles, meeting the mission objectives: Defence Ministry
5:36 PM

Indian economy grows by 8.4% in October-December 2023 against 4.3% a year ago: Govt data

5:27 PM

20 Indians taken to Russia on the pretext of good jobs still trapped there, says government.

On Indians stuck in Russia, MEA Spokesperson Randhir Jaiswal says, "We have an understanding that 20-odd people are stuck. We are trying our level best for their early discharge. We have issued two statements which you saw. We've also told people not to venture into the war zone or get caught into situations which are difficult. It. We are in regular touch with Russian authorities both here in New Delhi and also in Moscow."
5:12 PM

News update: No parole without permission to Ram Rahim, says Haryana High Court

4:56 PM

Tamil Nadu government gets Supreme Court's approval on closure of Sterlite plant

The Supreme Cort on Thursday dismisseed Vedanta group's plea against shutting down of its copper smelting plant in Tamil Nadu's Thoothukudi. The plant has been closed since May 2018 after 13 people were killed as police opened fire to crack down a protest over alleged pollution caused by it.
A bench headed by Chief Justice D Y Chandrachud said the health and welfare of residents of the area is a matter of "utmost concern" and the state government is responsible for protecting their concerns.
4:53 PM

Himacha Pradesh crisis: Failure has happened in Himachal Pradesh, says Congress observer Shivakumar

4:47 PM

India to auction 18 critical mineral blocks in second round

India will auction 18 critical mineral blocks as a part of its second round of mining auctions, news agency Reuters reported today.
4:35 PM

Two girls' bodies found in tree In UP's Kanpur, families allege rape: Police

In a spine-chilling incident, bodies of two minor girls were found hanging from a tree near the brick kiln they were working in Kanpur’s Ghatampur area, days after they were allegedly raped, Uttar Pradesh police said on Thursday, according to news agency PTI.
 
4:31 PM

Telcos need not deduct tax at source on profits to be made by their distributors, rules Supreme Court

The top court pronounced that telecom firms are not under a legal obligation to deduct tax at source on profits to be made by their distributors or franchisees by selling prepaid coupons and SIM cards to mobile phone users. A bench comprising justices Sanjiv Khanna and SVN Bhatti delivered the landmark judgement on Wednesday on a batch of appeals and cross appeals filed by the Income Tax department and telecom operator Bharti Airtel Limited (BAL).
 
4:18 PM

News update: Himachal Pradesh cabinet meeting to take place at 5:00 PM

4:05 PM

LIVE news: Karnataka caste census report submitted to state government

The caste census of Karnataka state for 2014-15 was submitted by the Karnataka State Commission for Backward Classes to the state government today.The census report, titled, "Caste Census Survey Report for 2014-15", also called the Social and Education Status Survey-2015, has been overseen by the commission led by Jayaprakash Hegde.
3:59 PM

Mizoram not to collect biometric data of Myanmar, B'desh refugees: CM Lalduhoma

Mizoram Chief Minister Lalduhoma today stated that his government would not collect biometric details of Myanmar and Bangladesh refugees.
CM Lalduhoma said the central govt is currently providing assistance to the state government to provide relief to refugees from Myanmar and Bangladesh and internally displaced people (IDP) from Manipur, who are taking shelter in the state.

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First Published: Feb 29 2024 | 8:59 AM IST

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