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ED conducts searches on Ramprastha Group in money laundering case
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
Coimbatore: Councillors question drone use for property tax assessment
Several councillors expressed their concerns at the Coimbatore Corporation Council meeting regarding discrepancies in property tax assessments conducted using drones. In response to the queries, corporation commissioner M Sivaguru Prabakaran explained that drones were utilised to identify residential buildings that had been converted into commercial ones, detect plan violations, and spot new buildings that had not been assessed. He added that besides drone surveys, corporation officials would physically measure these properties. He mentioned that the measurement details would be sent to th..
Par panel to review performance of insurance PSUs, solar companies
A parliamentary panel responsible for examining the accounts of central public sector undertakings (PSUs) is set to review the performance of insurance sector PSUs and solar power corporations. The Committee on Public Undertakings (CoPU) is also scheduled to assess the performance of the National Scheduled Castes Finance and Development Corporation (NSFDC). The panel, led by BJP's Baijayant Panda, will additionally evaluate the performance of Sagarmala Development Company (SDCL). Given the government's emphasis on renewable energy as a growth driver, the parliamentary committee has decided..
Oil prices dip as US output resumes post-storm and rig count increases
Oil prices declined after US Gulf of Mexico crude production resumed following Hurricane Francine, and data indicated a weekly increase in the US rig count. Brent crude futures closed at $71.61 per barrel, a decrease of 36 cents, or 0.5%. US West Texas Intermediate (WTI) crude settled at $68.65 per barrel, down by 32 cents, or 0.5%. With production and refining activities on the US Gulf Coast restarting, investors chose to offload oil contracts ahead of the weekend. Bob Yawger, the director of energy futures at Mizuho in New York, explained that investors were cautious, suggesting that by Mo..
