Diesel under-recovery rises sharply

Diesel IndiaNew Delhi, July 16 : The under-recovery, or revenue loss, applicable on diesel for the second fortnight effective July 16 has been pegged sharply upwards at Rs. 9.45 per litre, the petroleum ministry said Tuesday.

This compares to the under-recovery of Rs. 8.60 per litre during the first fortnight of July 2013.

"In the case of PDS kerosene and domestic LPG, under-recoveries for the month of July 2013 are Rs. 30.52 per litre and Rs. 368.58 per cylinder, respectively," the ministry said in a statement

I've a man's ego in a lot of ways: Sonam Kapoor

Sonam-KapoorMumbai, July 16 : Although she comes from a film family, Sonam Kapoor is determined to make her own identity without any help from her actor-filmmaker father Anil Kapoor as she feels that scope for growth under a banyan tree is bleak.

"I feel there's very little that can grow under a banyan tree. So, I have tried to create my own path and I have very successfully done it - whether it's through my fashion or movies I choose," said the 28-year-old in a group interview.

Russia hasn’t invited American whistleblower Snowden to its territory: Putin

Russia hasn’t invited American whistleblower Snowden to its territory: PutinRussia has not invited Edward Snowden, and the American whistleblower is currently trapped in Moscow because the U. S. has revoked his passport and spooked other countries that could give him refuge, President Vladimir Putin has said

Addressing a group of students in Leningrad region, Putin said that Snowden arrived in Moscow as a transit passenger to other countries, but the revocation of his passport by the U. S. blocked him from further travel.

Vijay Bahuguna refuses to declare 5,748 missing people as dead

Vijay Bahuguna refuses to declare 5,748 missing people as deadUttarakhand Chief Minister Vijay Bahuguna on Monday refused to declare 5,748 missing people as dead; saying that they were only being ‘presumed to be dead’.

However, Mr. Bahuguna also declared that the government would continue with its scheme to provide ex-gratia relief of Rs 5 lakh to the kin of the presumed to be dead.

He added that the ongoing search operations for finding the missing people would also keep running. According to the state government’s official list, a total of 5,748 people are still missing.

RBI targets short-term liquidity to curb rupee volatility

RBI targets short-term liquidity to curb rupee volatilityIn a bid to curb drastic volatility in rupee, the Reserve Bank of India (RBI) on Monday targeted short-term rupee liquidity, saying cheap liquidity was one of the main causes for the rupee hitting record lows against the U. S. dollar.

The central bank said that it was providing banks with funds at 7.25 per cent (repo rate) from the liquidity adjustment facility (LAF). The central bank now restricted the amount that banks can borrow from the LAF window to 1 per cent of their deposits or net demand & time liabilities (NDTL).

For Ranveer, film's memories important than box-office

Ranveer-SinghMumbai, July 16 : "Lootera" received critical appreciation and a mixed response at the ticket window. For the film's lead actor Ranveer Singh, a film's memories are more important than its box office business.

Directed by Vikramaditya Monwane, "Lootera" released July 5.

"I think the most important thing is a film's memory. I don't think collections are the most important thing," Ranveer told reporters Monday on the sidelines of the period drama's success party.

Pages

News in Focus

CESC Limited Share Price Target at Rs 204: ICICI Securities

ICICI Securities has maintained BUY recommendation on CESC, with an ambitious target price of Rs 204, implying an upside potential of approximately 33% from the current market price of Rs 153 as of

Ujjivan Small Finance Bank Share Price Target at Rs 55: ICICI Securities

ICICI Securities has reiterated a BUY rating on Ujjivan Small Finance Bank, forecasting a compelling 25% upside from current levels.

GIWA Blockchain’s Bold Entry into Ethereum Layer 2: Can It Redefine Web3 Simplicity and Speed?

A new player has stepped firmly into the Ethereum Layer 2 arena, and its ambitions extend beyond incremental improvements.

3M India Share Price Target at Rs 35,610: ICICI Securities

ICICI Securities Limited maintains its bullish stance on 3M India with a BUY recommendation and an ambitious target price of Rs 35,610 from the current market price of Rs 30,835, r

Navin Fluorine Share Price Target at Rs 5,075: Deven Choksey

Deven Choksey Research has issued an "ACCUMULATE" recommendation for Navin Fluorine International Ltd, setting a target price of Rs 5,075 from the current market price of Rs 4,663, indicating an 8.

Triveni Turbine Share Price Target at Rs 700: Sharekhan Research

Mirae Asset Sharekhan has reaffirmed its BUY recommendation for Triveni Turbine Ltd (TTL) with a robust price target of Rs. 700, representing significant upside potential from current levels.