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ALSO READ: Virat Kohli withdraws from first two Tests against England citing personal reasons As India's star cricketer Virat Kohli will not join the squad for the first two tests due to personal reasons, Rahul and Shreyas Iyer are likely to feature in the XI. Rahul is likely to play only as a specialist batter like Iyer. Dravid said the choice would be between Bharat and Jurel, on being asked who would do the wicketkeeping for India.

Oil India Limited (OIL) and and private sector producers contributed 0.3 MMT and 0.6 MMT, data released by the Oil Ministry showed. Crude oil imports increased by 1.1 per cent and 0.4 per cent during December 2023 and April-December 2023 respectively, compared to the corresponding period of the previous year. The net import bill for oil and gas was $10.3 billion in December 2023 compared to $10.2 billion in December 2022, according to PPAC.

Investing.com — Oil prices fell Tuesday, handing back early gains as worries over rising supply countered continued Middle East tensions.

(Reuters) — Blockbuster takeovers by oil and gas majors pushed the value of U.S. energy dealmaking last year to a record $192 billion, more than triple the amount in 2022, according to data from analytics firms Enverus on Tuesday.

BENGALURU : For dental-tech startup Dezy, a problem of plenty has forced it to lay off nearly 200 employees, shut a key division, and tweak its business model to focus on operating a chain of clinics. The startup, founded in 2018 and originally known as smiles.ai, began with selling transparent teeth aligners, competing with the likes of Toothsi, Snazzy and TeethLogic. This original business plan worked well, and orders spiked last year from a few dozens every month to thousands.

Also read- Interim Budget 2024: 5 key things to watch out for Major public capex is unlikely as per Vijayakumar since the FM has to achieve the fiscal deficit target of 5.9 percent for FY24 targeted in the 2023 budget, . Also the massive public expenditure done through the budget provision last year has helped in triggering growth in the Indian economy. Therefore, the government’s priority would be to achieve fiscal discipline, added Vijayakumar.

Yemen's Huthis on Tuesday over their attacks on Red Sea shipping, as the Iran-backed rebels vowed to hit back. The latest raids, heard by residents of the rebel-held capital Sanaa around midnight (2100 GMT), hit eight Huthi targets, a joint US-UK statement said, while the Huthis listed 18 strikes across their territory. US and British forces carried out a first wave of strikes against the rebel group earlier this month, and the United States launched further air raids against missiles that Washington said posed imminent threats to both civilian and military vessels. But the Huthis have vowed to continue their attacks — just one part of a growing crisis in the Middle East linked to the Israel-Hamas war, which has raised fears of a broader war directly involving Iran. The latest strikes were against «eight Huthi targets in Yemen in response to the Huthis' continued attacks against international and commercial shipping as well as naval vessels transiting the Red Sea», Washington and London said in a joint statement with other countries that supported the military action. «These precision strikes are intended to disrupt and degrade the capabilities that the Huthis use to threaten global trade and the lives of innocent mariners,» the statement said. The US Central Command said in a separate statement that the targets of the strikes «included missile systems and launchers, air defence systems, radars, and deeply buried weapons storage facilities». — Attacks won't go 'unpunished' - British Foreign Secretary David Cameron said the Huthis had carried out more than 12 attacks on shipping since the first wave of joint strikes on January 11. «What we have done again is send the clearest possible message that we will

Gokul Chaudhri, Tax Leader,Deloitte India, says “the energy transition is going to be involving, let us say, the rollout of green bonds and green financing and so forth. And that will also bring in its own tax levers, because there will have to be an incentivisation around the entire green space as to how to enable the energy transitions to happen, including the PLI for a number of products that go into the green economy, plus also the incentivise around the green bonds. So there are a fair number of levers that India today has to enable that capital absorption as well as capital flow incentivisation.”

demand from infrastructure and housing sectors, the cement industry is on course to add capacity by 150-160 million tonnes from FY25 to FY28, a report said on Tuesday. In the past five fiscals, the industry has added capacity by 119 million tonnes (MT) per annum to reach a total of 595 MT now, according to a Crisil Ratings report. The capacity addition is for the purpose of meeting the rising demand as well as to consolidate market share in a highly fragmented and competitive industry, the report added.

They added that Brookfield’s acquisition of ATC’s 78,000-odd towers in India would also boost Reliance Jio’s 5G rollout and expansion, especially since the Mukesh Ambani-led telco is already the anchor tenant of the Canadian tower company in India. “The ATC India buyout will give Brookfield a larger tower footprint and more ammo to compete with Indus, and likely result in both tower companies offering a combination of new products such as in-building solutions (IBS) as well as attractive rental deals/discounts while negotiating long-term tower contract renewals with large telco clients in future,” Rohan Dhamija, head (India & Middle East) at management consulting firm, Analysys Mason, told ET. He, though, added that Brookfield’s acquisition of ATC India would pave the way for two dominant towercos in a 3-player telco market, which is the ideal competitive structure, in that, it will ensure an overall balance with regard to pricing power between the telcos and towercos. Earlier this month, Brookfield trumped infrastructure investment group I Squared Capital to buy 100% ownership in ATC India in a $2.5-billion (about Rs 21,000 crore) all-cash deal likely to close in the second half of 2024. The deal had marked Boston-ATC’s exit from India, unleashing fresh consolidation in the country’s tower sector, now reduced to two large players — Brookfield and Indus.

Tapati Ghose, Partner, Deloitte, says “we could expect amendments towards simplification of tax, ease of compliance, and a review of Chapter VI A. As regards simplification of taxes, additional steps to make the new tax regime more attractive with further widening of the slabs and reduction of some of the tax rates could be on the cards.”

MUMBAI : Companies, both IT and non-IT, are grappling with one another to dip into the same cohort of skilled IT employees, leading to a talent gap that India Inc. is struggling to fill.

Gautam Shah, Founder & Chief Strategist, Goldilocks Premium Research, says “metals have started to look quite interesting. Nalco is a very high conviction idea for us for the whole of 2024 and can deliver supernormal returns. Steel Authority of India, Tata Steel, JSW Steel may beat the Nifty returns for sure for the next two to three quarters. Auto ancillary, I think, is a very interesting space as is fertilisers. Paper stocks and that entire unlocked theme of airlines, hotels. Other unlocked theme stocks like Sapphire Foods, Devyani International have very good fundamentals and have not done as well as some of the other themes. They should do quite well.”

British forces carried out a fresh round of strikes on Monday in Yemen, targeting a Houthi underground storage site as well as missile and surveillance capabilities used by the Iran-aligned group against Red Sea shipping, the Pentagon said. The Houthis, who control the most populous parts of Yemen, have said their attacks are in solidarity with Palestinians as Israel strikes Gaza. The Houthi attacks have disrupted global shipping and stoked fears of global inflation. They have also deepened concern that fallout from the Israel-Hamas war could destabilize the Middle East. In the latest response, U.S.

cricket operations, is staying with Bashir. The ECB, under coach Brendon McCullum's guidance, is urgently liaising with Indian authorities for a solution. They are hopeful; updates may come soon.

By Karl Plume and Seher Dareen

MONTREAL — Immigration Minister Marc Miller is announcing a two-year cap on international student admissions.

(Reuters) -Southwest Airlines said on Monday its pilots approved a new labor agreement, which will offer about a 50% pay raise over a five-year period.

(Updated — January 22, 2024 11:28 AM EST)

Many professors at my alma mater, the University of Rochester, were legends in the field of financial economics for a variety of reasons. The main reason was that the university was very well-endowed during the heyday of companies such as Eastman Kodak Company, Bausch & Lomb and Xerox Corp, which were all headquartered in Rochester—and thriving—when I studied there in the late 1980s. For decades, they contributed heavily to the funding of the university and its research projects.

Netflix is growing its animated series library, which is soon going to add The Fairly OddParents' new rebooted series, to be released as The Fairly OddParents: A New Wish. The Fairly OddParents of Nickelodeon first made its debut in 2011 running for 10 seasons till the late 2010s. Very recently, a live-action reboot was given to it on Paramount+, though it was not for long given the fact that the series was drawn in January 2023.