iea: India says it is exploring ways to support IEA members’ oil release

India, the world’s third-largest oil importer, on Thursday said it is examining ways of supporting International Energy Agency (IEA) member countries’ decision to release crude from their national reserves to calm rising global prices. Used to be.

The energy-hungry nation said without elaborating, “In the interest of collaborating with like-minded countries on these positive initiatives, the Indian government is examining what it can do to support these actions.” ”

The IEA said on Wednesday that its member states have agreed to release 120 million barrels of oil to cushion oil prices after Russia’s invasion of Ukraine, to which the United States contributes half.

India joined other major consumers in November to release 5 million barrels of oil from its strategic petroleum reserves to contain inflationary pressures. Its junior finance minister said last month that the government was “committed to supporting initiatives for releases from strategic petroleum reserves.”

Oil futures fell sharply on Wednesday, large consuming countries said they would release oil from reserves to reduce supply, pushing crude to their lowest level in three weeks.

Crude continued to fall on Thursday amid uncertainty over whether the eurozone will be able to effectively approve Russian energy exports.

Originally published at Pen 18

congress: Assam Assembly Speaker Daimary says he will show cause to two congress MLAs

Assam Assembly Speaker Biswajit Daimary said he would give reasons to two Congress MLAs.

The Congress has sought the disqualification of two MLAs for defying the party whip during last month’s Rajya Sabha elections.

Shashikant Das and Siddiqui Ahmed had violated the party whip. “It’s a legal requirement and we’ll tell them the reason,” Demry said. The Congress has demanded his disqualification.”

In Assam, BJP candidate Pabitra Margherita won one seat, while her ally United People’s Party Liberal (UPPL) candidate Rawangwara Narzari won the second seat.

Before the election, Congress has given a three-line whip. Despite losing the second seat, there was cross voting and the opposition camp. With this defeat, the representation of the Congress in the Upper House in Assam has become nil.

The Congress needed 42 MLAs to hold the seat in the 126-member House. The Congress candidate was outgoing MP Ripun Bora. Margherita got 46 votes, while Narzari got 44 votes and Bora got 35 votes.

Leader of Opposition in Assam Legislative Assembly, Devvrat Saikia served legal notice to All India United Democratic Front (AIUDF) MLA Karim Uddin Barbhuiya for allegedly saying that 7-8 Congress MLAs had voted against the ruling BJP in the recently held Rajya Sabha elections. Voted for the candidates. state.

The senior Congress leader demanded an unconditional public apology and withdrawal of Barbhuiya’s statement within seven days of receiving the notice.

AIUDF and Congress are lashing out at each other and accusing each other of cross voting.

Originally published at Pen 18

IPL promotions: Anil Kumble exempt from service tax

Former India captain Anil Kumble’s promotional activities for the India Premier League (IPL) will not face service tax as the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has imposed service tax on advertising, promotional activities and team support. The tax department’s claim has been rejected. ,

The Bangalore Bench of CESTAT held that promotional activities provided by Kumble during the IPL would not be treated as “business ancillary services” and hence, no service tax could be levied on him. CESTAT rejected the service tax claim of ₹50 lakh of the department.

The department had demanded service tax of ₹ 27.65 lakh for 2009-10 and ₹ 21.41 lakh for 2008-09, besides interest under section 75 and penalty under section 76 and 77 of the Act.

Originally published at Pen 18

JEE Exam: JEE-Main first session postponed to June, second session to July

The first session of engineering entrance exam JEE-Main has been postponed till June and the second session till July, officials of the National Testing Agency said on Wednesday.

The first session was scheduled to be held on April 21, 24, 25, 29 and 1 and May 4, 2022. Now it will be held from 20-29 June.

Similarly, the second session which was to be held from May 24 to 29, will now be held from July 21 to July 30.

“NTA has decided to reschedule the dates for the first and second session of Joint Entrance Examination (JEE)-Main on the basis of several representations received from the candidates,” the agency said.

This is the second time that the schedule of the first session of the important exam has been changed. Last month, NTA had rescheduled it as its dates were clashing with the class 12 board exams.

Joint Entrance Examination-Main consists of two papers.

Paper One Undergraduate Engineering Program – BE and B.Tech – is conducted for admission to NITs, IIITs and other centrally funded technical institutes, and institutions and universities funded and recognized by participating state governments.

It is also an eligibility test for JEE (Advanced), which is conducted for admission to IITs.

Originally published at Pen 18

IPL promotions: Anil Kumble exempt from service tax

Former India captain Anil Kumble’s promotional activities for the India Premier League (IPL) will not face service tax as the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has imposed service tax on advertising, promotional activities and team support. The tax department’s claim has been rejected. ,

The Bangalore Bench of CESTAT held that promotional activities provided by Kumble during the IPL would not be treated as “business ancillary services” and hence, no service tax could be levied on him. CESTAT rejected the service tax claim of ₹50 lakh of the department.

The department had demanded service tax of ₹ 27.65 lakh for 2009-10 and ₹ 21.41 lakh for 2008-09, besides interest under section 75 and penalty under section 76 and 77 of the Act.

Originally published at Pen 18

kolkata knight riders: IPL: Pat Cummins, Venkatesh Iyer shine as Kolkata Knight Riders register five-wicket win over MI

Pat Cummins and Venkatesh Iyer played brilliant innings of 56 and 50 respectively as Kolkata Knight Riders beat Mumbai Indians by five wickets in the 14th match of IPL 2022. KKR lost wickets at regular intervals but in the end, Iyer and Cummins put together a good partnership. 25 balls to spare to register a comprehensive win.

Earlier, a brilliant half-century from Suryakumar Yadav (52 off 36) helped Mumbai Indians post 161/4 against Kolkata Knight Riders. Playing his first match of the season, Suryakumar played a solid innings with Tilak Verma (38 off 27) to get Mumbai out of trouble and help them put a fighting total on the board.

Apart from Suryakumar and Verma, Dewald Brevis (29 off 19) also played an entertaining knock on his IPL debut, while Kieron Pollard (22 off 5) allowed Mumbai’s innings to flourish of late.

On the other hand, Pat Cummins (2/49) was the most successful bowler for KKR, while Umesh Yadav (1/25) and Varun Chakraborty (1/32) also took a wicket each.


Brief Scores:


Mumbai Indians: 161/4 in 20 overs (Suryakumar Yadav 52, Tilak Verma; Pat Cummins 2/49, Umesh Yadav 1/25).


Kolkata Knight Riders: 162/5 in 16 overs (Venkatesh Iyer 50 not out, Pat Cummins 56 not out, Murugan Ashwin 2/25).

Originally published at Pen 18

himanta biswa sarma: Assam Police to recruit 16,000 youth by June 10: Himanta Biswa Sarma – The Economic Times Video

Ri-Bhoi (Meghalaya), Apr 06 (ANI): Assam Chief Minister Himanta Biswa Sarma on April 06 informed that the state police will recruit more than 1 lakh youth in various capacities in a short span of time. “Between May 10 and June 10, we will recruit 16,000 new youth in Assam Police in various capacities. After which we will finalize the dates and one by one will recruit one lakh youth in the shortest possible time.

Originally published at Pen 18