The U.S. dollar-denominated bonds issued by India’s Adani Ports and Special Economic Zone rose on Monday, after the company commenced a cash tender offer for a buyback of securities. On Monday, Adani Ports and Special Economic Zone, part of the beleaguered Adani Group, said it has floated a tender of up to $130 million of […]
Tweet Pokes Fun At Elon Musk Using Liz Truss’ Lettuce Joke .
A poll by Elon Musk on whether he should quit as Twitter CEO showed the majority of users of the social media platform who took part voted in favour of the move after the poll ended on Monday. More than half of the 17.5 million respondents voted “yes” in answer to Musk’s Twitter poll. While […]
Centre slashes windfall tax on domestic crude to Rs 1,700 a tonne
The government on December 16 slashed the windfall profit tax on domestically produced crude oil and also reduced the levy on diesel. The revised tax rates become effective from December 16, 2022. The tax on crude oil produced by firms such as the state-owned Oil and Natural Gas Corporation (ONGC) has been reduced to Rs […]