Wife sold soft drink for Rs 26 instead of Rs 25, Re 1 overcharge led to husband facing case for 13 years; Bombay HC quashes prosecution because wife was shop owner

The high court described the prosecution as “misconceived and misdirected”. (Image for representative purpose only) A man working in his wife’s shop faced a thirteen year criminal case for the sale of a cold drink above the maximum retail price. The Bombay High Court has now brought an end to a criminal case that had…

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In major milestone for India’s offshore energy exploration, ONGC strikes gas in Mahanadi Basin, 43 km off Odisha coast; proximity could enable faster monetisation if commercially viable

The discovery was made on September 18 at the MN-DW18-1-H-D well in the Mahanadi Offshore Basin. In a big breakthrough, Oil and Natural Gas Corp (ONGC) has discovered gas in a deepwater well off India’s eastern coast. The find is located close enough to Odisha and may potentially enable quicker development if further appraisal establishes…

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Gold prices surge 60% from Rs 98,000 to Rs 1.57 lakh per 10 grams in a year; Ganesh Chaturthi sales fall 15% as buyers switch to lighter jewellery, also buy coins

Jewellers remain hopeful that the moderation in demand will prove temporary as the festive calendar progresses. A huge rise in gold prices from the same time last year has led to a drop in gold sales this Ganesh Chaturthi. Gold sales have declined by around 15% year-on-year in volume terms, with consumers either reducing the…

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Heavy corrosion in LHB train coach bogies despite improved materials worries railway engineers; toilet leaks, cleaning chemicals and saline air blamed, Railway Board orders special safety checks

The report identified several other factors that can contribute to severe corrosion India made the switch from ICF design to LHB coaches in 2003 when the first such German-technology coaches were imported. Since then it has increasingly indigenized the coaches and now manufactures only LHB passenger coaches apart from train sets.But, recently senior railway engineers…

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Airfares During Festive Season: Goverment rules out airfare cap during festive season, urges airlines to keep prices reasonable

File photo: Civil aviation minister K Rammohan Naidu (PTI Photo) The government will not impose a cap on airfares during the upcoming festive season but will advise airlines to keep ticket prices at reasonable levels, civil aviation minister K Rammohan Naidu said on Tuesday.Speaking to reporters on the sidelines of the signing of pacts for…

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Donald Trump Oil Deal: UNGA address: Donald Trump touts Venezuela oil deal, says it will drive down energy prices worldwide

US President Donald Trump addresses the 81st session of the United Nations General Assembly (UNGA) at the UN Headquarters, in New York, USA US President Donald Trump on Tuesday said the oil deal between the United States and Venezuela will help drive down energy costs around the world, describing it as the “largest oil deal…

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