Windfall Tax News Live: The government slashed the windfall profit tax on domestically produced crude oil and also reduced the levy on diesel. Government has reduced the windfall tax on crude to ₹1,700 from ₹4,900/tonne.
The revised tax rates become effective from December 16, 2022.
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Twitter suspends accounts of several journalists
Twitter Inc on Thursday suspended the accounts of several journalists, including ones from the New York Times and the Washington Post, with the site showing "account suspended" notices for them. Reuters could not immediately ascertain why those accounts were suspended. All the suspended reporters have in recent months written about Twitter's owner, billionaire Elon Musk, and changes at the platform since he bought it.
Malaysia landslide kills at least eight people -disaster agency
A landslide in Malaysia on Friday has killed at least eight people and injured seven, the national disaster agency said. In a message on Twitter, the Malaysian disaster management agency also said 53 people had been rescued after the landslide engulfed a campsite in Selangor state and left dozens trapped.
Govt slashes windfall tax on diesel, ATF
Government revises Windfall Tax on crude reduces to ₹1,700 from ₹4,900/tonne effective today.
Eric Garcetti well-qualified to serve as US Ambassador to India: White House
Former Los Angeles Mayor Eric Garcetti is well-qualified to serve as the US Ambassador to India, the White House said Thursday. The statement comes days after influential senator Chuck Grassley opposed Garcetti's nomination as he faces an allegation of sexual harassment by one of his staff members. White House Press Secretary Karine Jean-Pierre, however, told reporters at her daily news conference that a diplomat in India is a priority.
Senate passes defense bill rescinding COVID vaccine mandate
A bill to rescind the COVID-19 vaccine mandate for members of the U.S. military and provide nearly $858 billion for national defense passed the Senate on Thursday and now goes to President Joe Biden to be signed into law. The bill provides for about $45 billion more for defense programs than Biden requested and roughly 10% more than last year's bill as lawmakers look to account for inflation and boost the nation's military competitiveness with China and Russia. It includes a 4.6% pay raise for servicemembers and the Defense Department's civilian workforce.
China reports 2,157 new symptomatic COVID cases
China reported 2,157 new symptomatic COVID-19 infections on Dec. 15, compared with 2,000 a day earlier, the National Health Commission said on Friday. Excluding imported infections, China reported 2,091 new local symptomatic cases, up from 1,944 a day earlier. China stopped reporting asymptomatic cases from Wednesday, citing a lack of testing among people with no symptoms that was making it difficult to accurately tally the total count.
Peru's ex-leader Castillo to remain in detention for 18 months: Supreme Court
Malaysia says two dead, 51 missing after landslide -fire department
Malaysia's fire department said that two people had died and 51 were still missing after a landslide struck a campsite in Selangor state early on Friday, with search efforts ongoing. In a statement, the national fire department said that as of 7 a.m. (2300 GMT Thursday) three people had also been injured and 23 people had been found safe.
US: Georgia, NH latest states to ban TikTok from state computers
Governors Brian Kemp of Georgia and Chris Sununu of New Hampshire on Thursday immediately banned the use of TikTok and popular messaging applications from all computer devices controlled by their state governments, saying the Chinese government may be able to access users' personal information. Both Republican governors banned the messaging app WeChat and other apps owned by Chinese firm Tencent. Sununu went further, banning apps owned by Chinese firm Alibaba and telecommunications hardware and smartphones made by Chinese firms including Huawei and ZTE.
Russia: US air defense systems could be targets in Ukraine
Russia's Foreign Ministry warned Thursday that if the U.S. delivers sophisticated air defense systems to Ukraine, those systems and any crews that accompany them would be a “legitimate target” for the Russian military, a blunt threat that was quickly rejected by Washington. The exchange of statements reflected soaring Russia-U.S. tensions amid the fighting in Ukraine, which is now in its 10th month.
Brazil police serve search warrants over Bolsonaro protests
Brazil's Federal Police began serving dozens of search warrants Thursday targeting supporters of President Jair Bolsonaro for blocking highways after his election loss, according to a statement. The operation was ordered by Supreme Court justice Alexandre de Moraes, who also presides over the nation's electoral authority. He is responsible for two investigations into Bolsonaro supporters regarding allegedly anti-democratic acts and the spread of fake news on social media regarding the election.
Indian-origin man sentenced to 12 years jail for attacking Singapore enforcement officer
An Indian-origin man was sentenced to 11 years and nine months in jail with nine strokes of the cane for attacking a Certis enforcement officer with a sickle, severely injuring his leg, two years ago. Vickneswaran Sivan, 32, was miffed with the officer as he had issued a summons for smoking cigarette at the void deck of a block of flats in Canberra Link in Sembawang, according to The Straits Times.
New York bans pet stores from selling cats, dogs, rabbits
New York on Thursday became the latest state to ban the sale of cats, dogs and rabbits in pet stores in an attempt to target commercial breeding operations decried by critics as “puppy mills”. The new law, which was signed by Governor Kathy Hochul and takes effect in 2024, lets pet shops work instead with shelters to offer rescued or abandoned animals up for adoption. It will also ban breeders from selling more than nine animals a year.
Will address challenges to food security during India's G20 presidency: Janet Yellen
During India's G20 presidency, ongoing challenges to food security will be addressed, US Treasury Secretary Janet Yellen told African leaders. “G20 leaders recently highlighted the importance of a robust global food security response,” Yellen said in her remarks at the US-Africa Leaders' Summit: Heads of State Session on Food Security.