The U.S. Energy Information Administration (EIA) expects that Brent crude oil prices will return to above $80 per barrel this month, after dipping to $73 per barrel on September 6. In its September Short-Term Energy Outlook (STEO), EIA forecasts that the Brent crude oil spot price will average $82 per barrel in the fourth quarter of the year.

The U.S. Energy Information Administration (EIA) expects most U.S. households, on average, will pay about the same to heat their homes as they did last winter. A notable exception is that EIA expects Midwestern homes heated by natural gas will pay about 11% more on average for heat than last winter.

U.S. exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 million metric tons (MMmt) in 2023, up 135% since the United States began exporting ethane in 2014 and 17% more than in 2022, according to data from the U.S. Census Bureau. The rapid expansion of U.S. ethane and ethane-based petrochemical exports has been fueled by the growth in domestic ethane production, which has increased with the country's natural gas production and the buildout of export and production infrastructure.

U.S. fuel ethanol exporters are on track to export a record amount of the fuel in 2024. The increase in exports this year has largely been driven by demand in countries with biofuel blending mandates and cheaper-than-usual U.S. fuel ethanol prices.

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these fintechs think this is the right time to provide financial services to every market category, from the banked to the unbanked. We’ve covered a […]

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Roblox has picked up a key hire to help grow its ecosystem of user-generated content for the metaverse. Nick Tornow is joining the company as VP of Engineering for its developer team, leaving his former post as Twitter Platform Lead. Tornow also spent a decade at Zynga and served as the company’s CTO from 2013 […]

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Apple’s Vision Pro hasn’t exactly reshaped the market, but the company isn’t giving up on headsets that combine the digital and real worlds. A new report from Bloomberg’s Mark Gurman says that Apple’s next big mixed reality release could come as early as next year, with the launch of a Vision headset costing around $2,000 […]

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AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at an $8 billion valuation, according to The Wall Street Journal. If a deal happens with those terms, it would more than double Perplexity’s valuation from its $3 billion valuation when it raised from SoftBank over the summer. The WSJ […]

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The Mac mini will be getting an upgrade this week, according to Bloomberg’s Mark Gurman. The mini is Apple’s desktop computer (really just a small gray box) positioned between the consumer iMac and the company’s professional-grade desktops. The new mini is reportedly getting smaller — nearly the size of an Apple TV set-top box. It […]

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Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund SkyBridge Capital, and other organizations, including Crypto.com and the Mark Zuckerberg-backed lobbying group Fwd.us. These lawsuits are an attempt to claw back money for FTX’s creditors following the company’s collapse. FTX claims that the money targeted in these suits […]

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Lawsuits against X (formerly Twitter) will soon be heard in the U.S. District Court for the Northern District of Texas. The shift was first announced last month as part of a broader set of changes to X’s terms of service and privacy policy. Now, with the changes set to take effect on November 15, The […]

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UNest, a fintech startup that provides financial planning tools for parents saving on behalf of their children, announced today that it raised $26 million in Series B funding led by The Artemis Fund. Existing investor Northwestern Mutual Future Ventures participated alongside new investors including Franklin Templeton, Launchpad Capital, AltaIR Capital, OneWay Ventures, Unlock Venture Partners […]

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Companies across the board are fighting to recruit and retain employees as the war for talent rages on. Employee benefits are no longer viewed as a cookie-cutter, standard set of offerings — rather, they are valuable tools employers can use to differentiate themselves from competitors and attract top candidates. Forma, which just changed its name […]

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Here’s an exciting reprieve for time-strapped or procrastination-prone early-stage startup founders. We’re extending the application deadline for the Startup Battlefield 200! Take your shot at joining this elite group for a new and awesome opportunity at TechCrunch Disrupt. It’s positively packed with perks and possibilities. Don’t delay: Apply to the Startup Battlefield 200 by August […]

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We see how hard early startup community members work to build their dreams. You’re all wicked busy, and that’s why we’re extending our early-bird pricing on passes to TechCrunch Disrupt, taking place on October 18–20 in San Francisco. You get one extra week to save up to $1,300, so shake your tail feathers and buy […]

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We’re coming down to the wire, folks. Your chance to save early-bird pricing on passes to TechCrunch Disrupt ends this Friday. Our three-day flagship tech startup conference offers superior ROI at full price, but why spend more when you don’t have to? To-do today: Buy your early-bird pass to TechCrunch Disrupt by Friday, August 5 […]

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Team TechCrunch wants you! Forget the village, people. It takes a battalion of smart, eager people to produce a world-class tech conference as epic as TechCrunch Disrupt. That’s where you come in. We’re looking for volunteers interested in work exchange. You give us 10 hours of your time, and we’ll give you a three-day pass […]

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Gamification and social hooks have become cornerstones across every category of consumer apps these days, and today one that’s using these to build out a new e-commerce platform in Europe is announcing a seed round to give its growth a boost. Blidz — a social shopping app that offers big discounts (many items in categories […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Australia dropped six places to 15th position - the largest drop out of the 27 OECD countries measured.

PwC Chief Executive Luke Sayers today announced the members of an external advisory board charged with moving the firm towards greater diversity and inclusion among its people.

While technology and innovation are transforming our economy, they are also the solution to our workforce and growth challenge.

The needs of all Australians - affordable housing, a secure job, a decent education for their children, a good health system and a comfortable retirement - will not be met if we don't achieve major tax reform.

At PwC we have put significant effort into generating a national conversation about Australia's tax system and the need to improve it.

Major tax reform is the most sensible lever to pull to combat a projected $48 billion in lost revenue in our new low growth economy.

If the company tax rate was reduced from 30 to 25 per cent over the next five years gross domestic product (GDP) would grow $291 billion and income tax revenues would generate $4 billion up to the year 2025, PwC modelling released today shows.

Australia's next generation of family business leaders is more confident and better prepared for senior roles than two years ago, but is also experiencing more challenges, both inside the firm and in the wider business landscape.

Since it was founded in 2015, Cato Networks has evangelized the concept of a Secure Access Service Edge (SASE) platform that combines many of the features of software-defined networking, modern network security tools, and endpoint protection into a single service backed by a global private network. The promise here is that instead of managing dozens […]

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At its Universe conference, GitHub today announced a number of major new products, including the Spark project for writing applications entirely with AI, as well as multi-model support for its Copilot service. But Copilot itself is also getting quite a few updates. With this release, Microsoft-owned GitHub is bringing Copilot to Apple’s Xcode environment for […]

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Exactly 20 years ago, Mozilla started shipping version 1.0 of its Firefox browser. At the time, you could download it or buy a CD-ROM with a guidebook from Mozilla (or maybe get it on one of those free CDs that would come with many magazines at the time). Born out of the ashes of Netscape, […]

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Meta has added another privacy sanction to its extensive collection: South Korea’s data protection agency fined the social media giant around $15.7 million for processing sensitive user data and passing it to advertisers without a proper legal basis, Reuters reports. Seoul’s Personal Information Protection Commission (PIPC) found Facebook’s parent collected information from about 980,000 users, […]

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Tozero, a Munich-based startup that recovers valuable raw materials from recycled lithium-ion batteries, is gearing up to scale. The startup just closed an oversubscribed €11 million seed round (around $11.7M) to step up production by building its first industrial deployment (A.K.A first-of-a-kind or FOAK) plant. Currently, Tozero’s pilot plant processes nine tonnes of lithium-ion battery […]

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Qwant, France’s privacy-focused search engine, and Ecosia, a Berlin-based not-for-profit search engine that uses ad revenue to fund tree planting and other climate-focused initiatives, are joining forces on a joint venture to develop their own European search index. The pair hopes this move will help drive innovation in their respective search engines — including and […]

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Luggage storage as a vector for piling into convenience-based revenue opportunities in the business of global travel continues to put a spring in San Francisco-based Bounce‘s step. The startup has just tucked $19 million in Series B funding into its suitcase, with a plan to keep rolling revenue that’s grown 20x since its $12M Series […]

© 2024 TechCrunch. All rights reserved. For personal use only.

1. Voyager 2's Historic Flyby of Uranus Exposes Rare Magnetic Distortion  Gadgets 360
2. Potential For Life Found On Uranus' Moons, Scientists Reveal  NDTV
3. The anomalous state of Uranus’s magnetosphere during the Voyager 2 flyby  Nature.com
4. New Uranus research suggests what’s known about the planet could be wrong  CNN
5. Voyager-2 visited Uranus in 1986. Something more happened when it arrived  India Today

1. Time running out for Abhishek, Avesh as Ramandeep-Vyshak waiting in wings: India vs South Africa 3rd T20I Probable XIs  Hindustan Times
2. SA v IND, 3rd T20I Preview: India look to bounce back in Centurion batting paradise  India Today
3. India's Predicted XI vs South Africa, 3rd T20I: Suryakumar Yadav To Make One Bold Change?  NDTV Sports
4. India, SA eye series lead in Centurion before decisive T20I in Johannesburg  Cricbuzz
5. IND vs SA 3rd T20I 2024: Watch Live Telecast And Streaming of India Vs South Africa T20I Match  News24

Kartik Aaryan, Vidya Balan, Triptii Dimri, Madhuri Dixit and others arrive in style at Bhool Bhulaiyaa 3  TOI EtimesView Full coverage on Google News

1. Bhool Bhulaiyaa 3 box office collection Day 12: Kartik Aaryan starrer still trailing behind 'Singham Agai  TOI Etimes
2. Singham Again team was being ‘unfair’, says Bhushan Kumar: ‘It got unpleasant, but they assured me…’  The Indian Express
3. Bhool Bhulaiyaa 3 vs Singham Again box office collection day 12: Kartik Aaryan-led horror comedy, Ajay Devgn's film in neck-and-neck fight ahead of Kanguva release  Business Today
4. Bhool Bhulaiyaa 3 box office collection: Kartik Aaryan film overtakes Singham Again, storms past 300 crore in 10 days  Hindustan Times
5. Hindi video: Bhool Bhulaiyaa 3 Ami Je Tomar 3.0 full video goes viral; who won dance dare, Madhuri Dixit or Vidya Balan?  Mint

1. Amazon Sale 2024 Deals on Best Laptop Under 40000: Explore Top Brands at Discounted Rate  HerZindagi English
2. Amazon Laptop days: Get over 50% off on best selling laptops from top brands like Acer, HP. Sale ends today!  Mint
3. Best-selling gaming laptops on Amazon: Starting at 44990, get up to 12000 off on exchange, 12-month no-cost EMI  Hindustan Times
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5. Get Best Branded Laptops Under Rs 50,000 on Amazon  Times Bull

1. Oppo Find X8, Oppo Find X8 Pro India Launch Date Announced: What We Can Expect  News18
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5. Oppo Find X8 unboxing - GSMArena.com news  GSMArena.com

1. Garena Free Fire MAX redeem codes for November 13: Win free in-game rewards daily  The Times of India
2. Garena Free Fire MAX Redeem Codes Today, November 13: Win Free Gifts, Skins And Much More  Jagran English
3. Garena Free Fire MAX November 13 redeem codes: All about Booyah Top-Up event  HT Tech
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1. Trump nominates Army veteran and Fox News host Pete Hegseth for defence secretary  The Hindu
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5. US hostage families urge Biden-Trump cooperation to reach deal before inauguration  The Times of Israel

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PER SIDDHARTHA NAUTIYAL - JUDICIAL MEMBER:

These four appeals are filed by the assessee against the order passed by the Ld. Commissioner of Income Tax (Appeals), (in short "Ld. CIT(A)"), National Faceless Appeal Centre (in short "NFAC"), for the Assessment Years ITA Nos. 521 to 524 /Ahd/2023 Inox India Limited Asst.Years 2000-01 & 2002-03 to 2004-05)

- 2- 2000-2001, 2002-2003, 2003-2004 & 2004-2005. Since common issues are involved in all the year under consideration of appeals before us, the same are being disposed of by way of this common order.

These are appeals preferred by the assessee against orders of the Learned Commissioner of Income Tax (Appeals)/NFAC, (hereinafter in short "the Ld.CIT(A)"), Delhi, dated 19.02.2024/20.02.2024 for the Assessment Year (hereinafter in short "AY") 2017-18.

2. First, will take up ITA No 701/Chny/2024 against Ld CIT(A) order dated 19.02.2024; and note that the main grievance of the assessee is against the action of the Ld.CIT(A) confirming the following actions of the AO (i) making an addition of Rs.19,28,069/- as unexplained money on ITA Nos.701, 743 to 745/Chny/2024 (AY 2017-18) M/s. Covai Marketing :: 2 ::

This is an appeal filed by the Assessee directed against the order of ld.Commissioner of Income Tax(Appeal)[NFAC], under section 250 of the Income tax Act, 1961 dated 28.06.2024 for A.Y.2019-20. The assessee has raised the following grounds of appeal :

"1. The Ld.CIT(A) has wrongly confirmed the disallowance of deduction of Rs.15,60,115/- claimed by the appellant u/s.80P(2)(a)(i) of the Income Tax Act, 1961.

2. Alternatively, the interest income earned by the appellant from the investments in a co-operative bank is also eligible for deduction under section 80P(2)(d) of the Income Tax Act, 1961.

3. The Appellant crave leave to add, delete, amend, alter, vary and/or withdraw all or any one of the above grounds of appeal."

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI "B" BENCH: NEW DELHI BEFORE SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER & SHRI YOGESH KUMAR US, JUDICIAL MEMBER [Assessment Year : 2014-15] ITO, vs Discoveri Media Group, Gurgaon. 97B, Udyog Vihar, Phase-V, Gurgaon-122002.

PAN-AAIFD8766G APPELLANT RESPONDENT [Assessment Year : 2014-15] Discoveri Media Group vs ITO, C/o-S.L.Poddar & Co., Ward-1(4), Gokul Apartment, E-3A, Kantichandra Gurugram. Road, Bani Park, Jaipur, Rajasthan-302016. PAN-AAIFD8766G APPELLANT RESPONDENT [Assessment Year : 2015-16] ITO, Vs Discoveri Media Group, Gurgaon. 97B, Udyog Vihar, Phase-V, Gurgaon-122002. PAN-AAIFD8766G APPELLANT RESPONDENT [Assessment Year : 2015-16] Discoveri Media Group, vs ITO, 97B, Udyog Vihar, Phase-V, Ward-1(4), Gurgaon-122002. Gurugram. PAN-AAIFD8766G APPELLANT RESPONDENT Appellant by Shri S.L.Poddar, Adv. Respondent by Shri B. K.Singh, Sr.DR Date of Hearing 01.10.2024 Date of Pronouncement 12.11.2024 Page | 1

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI "B" BENCH: NEW DELHI BEFORE SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER & SHRI YOGESH KUMAR US, JUDICIAL MEMBER [Assessment Year : 2014-15] ITO, vs Discoveri Media Group, Gurgaon. 97B, Udyog Vihar, Phase-V, Gurgaon-122002.

PAN-AAIFD8766G APPELLANT RESPONDENT [Assessment Year : 2014-15] Discoveri Media Group vs ITO, C/o-S.L.Poddar & Co., Ward-1(4), Gokul Apartment, E-3A, Kantichandra Gurugram. Road, Bani Park, Jaipur, Rajasthan-302016. PAN-AAIFD8766G APPELLANT RESPONDENT [Assessment Year : 2015-16] ITO, Vs Discoveri Media Group, Gurgaon. 97B, Udyog Vihar, Phase-V, Gurgaon-122002. PAN-AAIFD8766G APPELLANT RESPONDENT [Assessment Year : 2015-16] Discoveri Media Group, vs ITO, 97B, Udyog Vihar, Phase-V, Ward-1(4), Gurgaon-122002. Gurugram. PAN-AAIFD8766G APPELLANT RESPONDENT Appellant by Shri S.L.Poddar, Adv. Respondent by Shri B. K.Singh, Sr.DR Date of Hearing 01.10.2024 Date of Pronouncement 12.11.2024 Page | 1

1.      The present Revision Petition has been filed under Section 21(b) of the Consumer Protection Act, 1986 (the "Act") against order dated 05.12.2016, passed by the learned Gujarat State Consumer Disputes Redressal Commission, Ahmedabad ('State Commission') in FA No. 875/2014 wherein the State Commission allowed the Appeal filed by the OP against the District Consumer Disputes Redressal Forum, Navsari, ('the District Forum') order dated 28.11.2013 wherein the District Forum had allowed the complaint by the Petitioner.

2.      As per report of the Registry there is a delay of 91 days in filing of the Revision Petition. For the reasons stated in the Application seeking Condonation of delay, the same is condoned.