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Newsletter | India won’t hike tax on diesel engines: Gadkari; 40 online gaming companies could receive GST evasion notices & more
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Newsletter | India won’t hike tax on diesel engines: Gadkari; 40 online gaming companies could receive GST evasion notices & more
Sep 15, 2023 3:05 AM

Here's a rundown of 11 significant news stories to keep you in the know:

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Nitin Gadkari says India won’t increase tax on diesel engines, spirit is to shift towards green fuels

Minister of Road Transport and Highways Nitin Gadkari on Thursday, September 14, asserted that the Union government is not looking to increase tax on diesel vehicles but that the spirit is to encourage the use of green fuels.

"I'm not against diesel or diesel cars. I'm not advocating for a tax increase on diesel vehicles. But we should move towards green fuels. The vision and mission for industry should be to move towards biofuels," he told CNBC-TV18 in an exclusive interaction.

Heavy rains lash parts of Delhi-NCR, IMD predicts cloudy sky and rainfall for next four days

Heavy rains lashed parts of Delhi-NCR on Friday, September 15. The sudden change of weather brought down the temperature in the national capital. Waterlogging was witnessed in several parts of Delhi following heavy rainfall.

The India Meteorological Department (IMD) has forecast generally cloudy skies with light to moderate rainfall in Delhi over the next five days. The weather department predicted "generally cloudy sky. Light to moderate rain/ thundershowers with gusty winds (speed 30-40 kmph)" on Friday.

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Shift from prepaid to postpaid, bundled offers and users porting from Vodafone Idea help Airtel get its mojo back

Bharti Airtel makes about Rs 200 per user today. That’s almost the same, Rs 196, as it was between April and June 2017, seven years ago, a few months after Reliance Jio came in with cheaper plans and drove telecom tariffs down.

But today’s Rs 200 would mean more for Chairman Sunil Mittal (net worth of $14.5 billion, as per Forbes) because it comes with nearly one extra customer for every two it had in mid-2017. No wonder then, the shares of Bharti Airtel are at an all-time high, and investors who have held on to their stock of the company have made over three times on their bet.

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