IBT News Desk

Articles by IBT News Desk

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Iranian Supreme Leader Mojtaba Khamenei, US President Donald Trump

'Better get serious before it's too late': Trump warns Iran negotiators

US President Donald Trump claimed Iran is "begging" for a deal despite rejecting his 15-point peace proposal to end the war. He warned Tehran to act before "it is too late". Iran dismissed the offer and instead set conditions, including halting attacks, securing reparations and recognition of its control over the Strait of Hormuz. 14 days ago
CBI conducts searches in Mumbai in Reliance Telecom Ltd. case, Rs 114.98 crore SBI fraud case

Reliance Telecom SBI fraud case update: CBI conducts searches in Mumbai

The CBI has filed a case against Reliance Telecom Ltd., former directors and unknown officials over an alleged Rs 114.98 crore SBI bank fraud. Charges include criminal conspiracy, cheating under IPC, and misconduct under the Prevention of Corruption Act, linked to a Rs 735 crore term loan sanctioned by SBI and a consortium of 11 banks. 15 days ago
LIC gets ₹61,147 crore income tax demand for FY22, to challenge order

LIC gets Rs 6,146.71 crore income tax demand for FY22, to challenge order

LIC has received a tax demand of LIC gets Rs 6,146.71 crore income tax demand for FY22, to challenge order plus interest for FY22. The demand arises from adjustments treating interim bonuses and negative reserves as income. LIC plans to appeal the order before the Commissioner of Income Tax (Appeals), stating the issue will not materially impact its operations. 15 days ago
Oil prices jump as Iran says no direct talks with US to end war

Oil prices jump as Iran says no direct talks with US to end war

Global oil prices surged above $100 per barrel after Iran ruled out direct negotiations with the United States to end the ongoing conflict, dampening hopes of a ceasefire. Brent crude rose to $103.46 per barrel, while WTI crude climbed to $91.54 amid escalating tensions in West Asia. 15 days ago
Centre accelerates PNG rollout to ease LPG pressure; fuel supply normal across India

Centre accelerates PNG rollout to ease LPG pressure; fuel supply normal across India

The Centre has assured that all petrol and diesel retail outlets are functioning normally with sufficient stocks, while refineries operate at high capacity. A rapid rollout of PNG connections is underway, with a single-day record of 9,046 new connections. The government is maintaining full supply for domestic PNG and CNG transport. 15 days ago
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