All posts tagged: cent

Vaishno Devi Yatra crosses 50 lakh pilgrims in 2026, records 27 per cent YoY growth

Vaishno Devi Yatra crosses 50 lakh pilgrims in 2026, records 27 per cent YoY growth

Published by Webster

The Shri Mata Vaishno Devi Yatra has achieved a significant milestone in the current calendar year, with the number of pilgrims paying obeisance at the revered cave shrine in Jammu and Kashmir”s Reasi district crossing the 50-lakh mark on June 22. This represents an impressive increase of over 27.3 per cent compared to the 39.84 lakh pilgrims who visited the shrine during the corresponding period last year, an official said on Tuesday. “During the same period in 2025, approximately 39.84 lakh pilgrims had visited the holy Shrine, whereas the Yatra during the current year has recorded 50.70 lakh pilgrims, reflecting a substantial increase of 10.86 lakh devotees,” a spokesperson of the Shrine Board said. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

PCMC cuts water supply by 15 per cent; Pawna dam storage falls to 19 per cent

PCMC cuts water supply by 15 per cent; Pawna dam storage falls to 19 per cent

Published by Webster

The Pimpri-Chinchwad Municipal Corporation (PCMC) on Friday announced a 15 per cent reduction in water supply across the city following a sharp decline in Pawna dam storage. According to PCMC officials, the water stock in Pawna Dam has dropped to just 19 per cent. Coupled with the delayed arrival of the monsoon, the situation has raised concerns over water availability in the coming weeks, making strict management of available resources necessary. Pawna project Dr Suryavanshi, commissioner, PCMC. PIC/X/@punekarnews Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Nitin Gadkari approves 100 per cent ethanol fuel to reduce India’s oil imports

Nitin Gadkari approves 100 per cent ethanol fuel to reduce India’s oil imports

Published by Webster

Union Road Transport and Highways Minister Nitin Gadkari on Saturday announced that the government has approved the use of 100 per cent ethanol as fuel, a move aimed at reducing India’s dependence on imported fossil fuels and accelerating the transition towards cleaner and alternative energy sources. The minister made the announcement during a press conference in Nagpur while highlighting key achievements of the National Democratic Alliance (NDA) government over the past 12 years. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Jet fuel costs jump 10 per cent, reach Rs 114.5 per litre in Mumbai

Jet fuel costs jump 10 per cent, reach Rs 114.5 per litre in Mumbai

Published by Webster

Aviation turbine fuel (ATF) prices were raised by around 10 per cent on Tuesday as state-owned oil marketing companies introduced a price stabilisation regime offering domestic airlines a fixed fuel rate for up to three years, in a move aimed at cushioning carriers and passengers from sharp swings in global oil prices. Jet fuel for domestic airlines will now cost Rs 115 per litre, up from Rs 104.927, industry sources told news agency PTI. Under the new framework, the rate will be locked in for up to three years for airlines that choose to opt into the government-backed price stabilisation scheme. Airlines that do not participate in the scheme will continue to pay market-linked prices, currently around Rs 142 per litre, similar to international carriers. Those opting in will receive ATF at Rs 115 per litre, insulating them from fluctuations in global benchmarks. However, while participating airlines will be protected from price spikes, they will also miss out on potential gains when global rates fall. Sources said the scheme is voluntary and airlines will have …

India’s salary hikes may reach 10.2 per cent in FY27; EV, FinTech and IT sectors to lead growth

India’s salary hikes may reach 10.2 per cent in FY27; EV, FinTech and IT sectors to lead growth

Published by Webster

India is expected to witness average salary hikes of 8.6 per cent to 10.2 per cent in FY27, led by high-growth sectors such as EV, FinTech, healthcare and energy, according to a TeamLease report. IT support executives, electrical engineers and Pune, Hyderabad, Chennai and Ahmedabad are set to see strong growth Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

BMW India to hike car prices by up to 2 per cent from July; X3, X5 among affected models

BMW India to hike car prices by up to 2 per cent from July; X3, X5 among affected models

Published by Webster

BMW Group India on Monday announced that it will increase prices by up to 2 per cent across its entire range of BMW and MINI vehicles starting 1 July 2026. The German car manufacturers, while announcing the price hike, cited macroeconomic pressures, including rupee depreciation and rising logistics costs.  According to IANS, the company said that the price revision will apply to both locally produced models and completely built-up (CBU) units sold in the Indian market. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Monsoon forecast cut to 90 per cent, IMD warns of below-normal rainfall

Monsoon forecast cut to 90 per cent, IMD warns of below-normal rainfall

Published by Webster

The India Meteorological Department (IMD) has predicted that India is likely to receive below-normal rainfall during the 2026 monsoon season. Overall rainfall between June and September is expected to be around 90 per cent of the usual average, with a possible variation of 4 per cent. This is lower than the earlier estimate of 92 per cent issued in April and is also the lowest pre-monsoon forecast released by the IMD in recent years. According to the weather department, there is a 60 per cent probability that rainfall this year will fall in the “deficient” category, which refers to rainfall below 90 per cent of the Long Period Average (LPA). The IMD, however, clarified that it does not officially declare drought conditions and only classifies rainfall levels. Monsoon arrival likely delayed The monsoon, which was earlier expected to arrive in Kerala and southern regions on May 26, is now likely to reach the state during the first week of June. Ministry of Earth Sciences Secretary M Ravichandran said, “The monsoon has arrived on India’s southern …

Supreme Court upholds 28 per cent retrospective tax on online gaming | Business News

Supreme Court upholds 28 per cent retrospective tax on online gaming | Business News

Published by Parlour News

2 min readMay 28, 2026 01:43 AM IST In a major ruling, the Supreme Court Wednesday upheld the decision of Goods and Services Tax (GST) authorities to demand 28% retrospective tax on online gaming. A bench of Justices J.B. Pardiwala and R. Mahadevan said “online gaming activities, including fantasy sports and other games played on digital platforms, involving staking upon uncertain outcomes, constitute betting and gambling for the purpose of GST framework”. The court held that GST levy on online gaming is constitutionally valid. “GST of the supply of actionable claims arising from betting and gambling is constitutionally valid and does not transgress Articles 366(12) (which defines goods) and 366(12A) (which defines GST) of the Constitution,” the bench said. The top court was hearing an appeal by the Directorate General of Goods and Services Tax Intelligence (Headquarters) challenging a Karnataka High Court judgement which quashed the GST department’s show cause notice issued under the CGST Act to online gaming company GamesKrraft Technologies Pvt Ltd seeking payment of Rs 21,000 crores dues. The Supreme Court had stayed …

Supreme Court upholds 28 per cent GST on online gaming, calls it betting and gambling

Supreme Court upholds 28 per cent GST on online gaming, calls it betting and gambling

Published by Webster

The Supreme Court upheld the retrospective 28 per cent GST levy on online gaming companies, ruling that fantasy sports and games involving stakes qualify as betting and gambling under the GST framework. The court also validated state bans on stake-based online games like rummy and poker Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link