Representational image (Photo: AP)
Reliance Industries chairman Mukesh Ambani  (ANI )
The gas price for locally produced fields stood at $ 2.39/mmBtu in the first half of the fiscal. File Photo: Bloomberg
The gas price for locally produced fields stood at $ 2.39/mmBtu in the first half of the fiscal. File Photo: Bloomberg

Government resets domestic natural gas price to historic low

While gas exploration companies will see their revenues fall under in the second half of this fiscal because of this, industries that use natural gas as an input, primarily fertilizer and power, stand to benefit

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A worker cleans the booking counter at Menoka Cinema Hall ahead of its reopening, after the authorities eased some restrictions amid the coronavirus pandemic, in Kolkata, Wednesday (PTI)
A worker cleans the booking counter at Menoka Cinema Hall ahead of its reopening, after the authorities eased some restrictions amid the coronavirus pandemic, in Kolkata, Wednesday (PTI)

Cinema halls can re-open with 50% capacity from 15 Oct, but challenges remain

  • Considering cinemas are a state subject, it remains to be seen how many states approve their resumption
  • The other big crisis remains that of content as all films, which were complete and ready for release, have been acquired by streaming services

People wearing protective face masks stand in a line to enter a metro station amidst the spread of the coronavirus disease, in New Delhi. (REUTERS)
People wearing protective face masks stand in a line to enter a metro station amidst the spread of the coronavirus disease, in New Delhi. (REUTERS)

Unlock 5 guidelines: What's allowed, what's not

  • The relaxations in Unlock 5.0 guidelines have been issued for the opening up of more activities in areas outside the containment zones

Brookfield had previously invested in two projects of INCOR but subsequently exited both of them. Photo: Mint
Brookfield had previously invested in two projects of INCOR but subsequently exited both of them. Photo: Mint

Brookfield to raise 4,400 crore through REIT listing

  • The IPO could be launched this year-end or by early 2021 latest
  • The filing of the draft prospectus comes just a day after India’s anti-trust watchdog CCI approved Brookfield’s acquisition of Bengaluru-based realty firm

A health plan. Photo: iStockphoto

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FILE - In this Monday, Sept. 21, 2020 file photo, a giant American Flag hangs on the New York Stock Exchange. Wall Street is rallying Wednesday, Sept. 30 on rising hopes that Washington may pierce through its paralyzing partisanship to offer more aid for the economy. (AP Photo/Mary Altaffer, File) (AP)
FILE - In this Monday, Sept. 21, 2020 file photo, a giant American Flag hangs on the New York Stock Exchange. Wall Street is rallying Wednesday, Sept. 30 on rising hopes that Washington may pierce through its paralyzing partisanship to offer more aid for the economy. (AP Photo/Mary Altaffer, File) (AP)

Wall Street update: Dow jumps over 400 pts on stimulus hopes, upbeat data

  • All 11 major S&P indexes were up, with energy also among the biggest gainers, as data showed US private employers stepped up hiring in September
  • US House of Representative Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin hoped for a breakthrough on Covid-19 relief as they prepared to resume talks

On a standalone basis, ONGC's total crude oil revenues in FY20 stood at  ₹66,440 crore and revenues from gas were at  ₹19,528 crore. (Photo: Reuters)
WhatsApp uses the open source Signal protocol for encryption, which is a sort of a defence against backdoors
WhatsApp uses the open source Signal protocol for encryption, which is a sort of a defence against backdoors

What’s really up with  your  ‘secure’ WhatsApp chats

The surfacing of private WhatsApp exchanges between Bollywood actors amid the investigation into the death of actor Sushant Singh Rajput has raised questions about the platform’s security, and whether the app indeed protects user privacy. Mint takes a deep dive

State net borrowing ceiling for 2020-21 is  ₹6.41 lakh core (3% of GSDP) (Photo: Reuters)
(Photo: Mint)
Maharashtra Chief Minister Uddhav Thackeray (PTI)
Those who travelled in a shared mode of transport within three rows of the index case were classified as high-risk contacts.  (Photo: Satish Bate/Hindustan Times)
On Tuesday RBI had done the first tranche of OMO following the tightness in the commercial paper market. (Mint )
Passengers from international flights (REUTERS)
The private sector is once again looking to make big moves in India’s defence production ecosystem. Earlier this month, an Adani subsidiary bought 51% in Gwalior-based PLR Systems, which makes small arms (Photo: Reuters)
The private sector is once again looking to make big moves in India’s defence production ecosystem. Earlier this month, an Adani subsidiary bought 51% in Gwalior-based PLR Systems, which makes small arms (Photo: Reuters)

Private defence business gets one more nudge

  • India is yet again working the policy lever to get private players into defence production. Will it work?
  • Indian companies, which have seen many a false dawn in the defence sector, are latching on to this new push, saying the right things, initiating plans and doing the odd deal

Consider shifting some of the money to fund houses such as DSP Investment Managers, Mirae Asset Mutual Fund and Invesco Mutual Fund
Consider shifting some of the money to fund houses such as DSP Investment Managers, Mirae Asset Mutual Fund and Invesco Mutual Fund

Allocate some portion to debt to counter market volatility

One should have some exposure to debt investments—through mutual funds or traditional debt options to counter volatility in the equity market

The CBDT on Wednesday extended the deadline for filing income tax returns (Photo: iStock)
(Photo: AFP)
Defence shipbuilding is a competitive industry with four government shipyards operating in India. (Photo: AFP)
Union Finance Minister Nirmala Sitharaman speaks during the Monsoon Session of Parliament, in New Delhi on Wednesday
Union Finance Minister Nirmala Sitharaman speaks during the Monsoon Session of Parliament, in New Delhi on Wednesday

DA hike suspension order hasn't been withdrawn, clarifies Centre

The official fact-check Twitter account of the government, which goes by the name PIB fact check, called out a 'fake message' saying that April’s DA hike suspension order hasn't been withdrawn

Other bankers to Sintex include Bank of Baroda, Canara Bank, Punjab and Sind Bank and Bank of India. Its total debt stood at  ₹7,157.9 crore as on 31 March. Photo: Mint
Other bankers to Sintex include Bank of Baroda, Canara Bank, Punjab and Sind Bank and Bank of India. Its total debt stood at 7,157.9 crore as on 31 March. Photo: Mint

PNB declares 1,203-cr loan to Sintex Industries as fraud

Once an account is declared as fraud-hit, banks need to set aside 100% of outstanding loans as provisions either in one go or over four quarters

In January-March also, the current account saw a surplus of $600 million, India's first surplus in 13 years.
In January-March also, the current account saw a surplus of $600 million, India's first surplus in 13 years.

Current a/c surplus at record $19.8 bn in first quarter

Private transfer receipts, mainly representing remittances by Indians employed overseas, was at $18.2 billion, down 8.7% YoY. Net foreign direct investments saw an outflow of $400 million compared with inflows of $14 billion a year ago

Gurbaxani was appointed managing director and chief executive of Dhanlaxmi Bank for a period of three years, effective27 February, (Photo: Mint)
Gurbaxani was appointed managing director and chief executive of Dhanlaxmi Bank for a period of three years, effective27 February, (Photo: Mint)

Shareholders reject appointment of Dhanlaxmi Bank chief executive

  • Dhanlaxmi Bank reported a net profit of 6.09 crore in the June quarter, down from 19.84 crore in the year-ago period. The lender's gross bad loan ratio stood at 6.89%, while net non-performing asset ratio was at 2.18% as of June end

The first unit of Mahindra Thar 2020 will get some stand out features to highlight it's number one status
Russian President Vladimir Putin  (AP)
File photo of French police officers near Eiffel Tower in Paris
Devendra Fadnavis with BJP Yuva Morcha National President Tejasvi Surya  (PTI)
The Union cabinet, in November last year, had approved the sale of the govt's entire 52.98% stake in BPCL, offers seeking expression of interest  or bids showing interest in buying its stake were invited only on March 7 (Photo: Reuters)
The Union cabinet, in November last year, had approved the sale of the govt's entire 52.98% stake in BPCL, offers seeking expression of interest or bids showing interest in buying its stake were invited only on March 7 (Photo: Reuters)

Government extends Bharat Petroleum bid deadline to Nov 16

The government has for the fourth time extended the deadline for bidding for privatisation of India's second-biggest oil refiner Bharat Petroleum Corp Ltd by one and a half months to November 16

The UPSC opposed the plea saying all necessary precautions have been taken and adequate arrangements have been made for holding the exam
The UPSC opposed the plea saying all necessary precautions have been taken and adequate arrangements have been made for holding the exam

UPSC Prelims 2020: SC refuses to postpone civil service exam

The apex court refused to consider the plea for clubbing of UPSC civil services exam of 2020 with 2021 exams saying 'this will have a cascading effect'

Let's take a look at RBI's new guidelines for credit, debit cards effective tomorrow. (Bloomberg)
With the advent of new technologies, claim settlement has also become simpler and quicker than before
With the advent of new technologies, claim settlement has also become simpler and quicker than before

Life insurance claims can be completed over WhatsApp in 5 minutes now

  • With a pandemic that demands you to maintain social distancing, people are relying on internet to browse through life and health insurance policies
  • To cater to the customers amid this challenging time, the insurance companies have implemented a dozen of services

(Photo: Reuters)
M.S. Dhoni  (PTI)
Police authorities will also monitor the driver behaviour
The DLX Pro variant will also be available in dual tone colours
The test firing of the missile was carried out by the Defence Research and Development Organisation (DRDO) off the coast of Balasore in Odisha, the officials said (File Photo: ANI )
The test firing of the missile was carried out by the Defence Research and Development Organisation (DRDO) off the coast of Balasore in Odisha, the officials said (File Photo: ANI )

India test fires BrahMos supersonic cruise missile

The BrahMos cruise missile travels at a speed of Mach 2.8, nearly three times that of sound

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