Bill Financial News
07.11 / 21:18
07.11 / 20:35
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Smoking crackdown, regulator for football club, Netflix rules: Nine key points from King Charles' speech
In a address delivered during the ceremonial State Opening of Parliament, Britain's Conservative government presented a pre-election policy agenda. The speech, authored by Prime Minister Rishi Sunak's administration, outlined plans for tougher sentences for serious crimes and aspirations for economic revival.
07.11 / 18:51
07.11 / 18:49
07.11 / 17:45
Bill
compliance
E-way bills hit record 10 cr on festive demand, compliance
Goods and Service Tax (GST) network portal. Both intra and inter-state bill generation recorded growth during the month. «One of the reasons for the increase in e-way bill generation is the festive season purchases made by the public at large and replenishment of stocks by the brands in the supply chain to meet the anticipated demand for the upcoming Diwali season,» said Gunjan Prabhakaran, partner and leader, indirect tax, BDO India. Sequentially, e-way bills rose 9% in October, with inter-state trade growing at a faster clip of 10% compared with intra-state transport's 8.5% increase. «Increased scrutiny by revenue authorities and better compliance at the assesses end are some of the reasons for the increase in e-way bill generation,» Prabhakaran said. On an annualised basis, e-way bill generation in October was 19.4% more than September.
07.11 / 16:41
Provident
Manufacturing
economy
Bill
Experts
NOT
Britain says automakers will be liable for self-driving crashes, not owners
The British government announced on Tuesday that, under a framework for advancing autonomous vehicles (AV), it would hold the manufacturers of self-driving cars legally responsible for any accidents, rather than the owners. A decision embraced by both insurance companies and AV startups.
07.11 / 13:26
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King's Speech to set out political battle lines ahead of UK election
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07.11 / 13:26
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UK recession fears grow as shoppers cut spending 'to save for Christmas'
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07.11 / 08:32
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Sunak to use king's speech to announce new system to award oil and gas licences
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07.11 / 08:29
Provident
Booking
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economy
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Diwali season home loan trends: What to expect this year
home loan and real estate industries see the festive season as a potential opportunity to increase their sales by attracting customers. A recent report by real estate advisory company Palladian Partners shows there was a 32% jump in bookings in Mumbai in September 2023 year-on-year (YoY) while stamp revenue rose 53 per cent during the same period. Anarock Group’s data for September showed a jump of 29% YoY in new bookings in Bengaluru.
07.11 / 06:59
Bill
social
electronic
information
prevention
A processing glitch has held up a 'small percentage' of bank deposits since Thursday, overseer says
A glitch in the network that processes electronic transfers between nearly all U.S. bank accounts has led to delays in settling deposits, some of which remain stalled
07.11 / 05:57
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Action
Forrester
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2020
AACo’s golden director insurance cover unveiled
AACo was spending $3 million annually insuring its top brass against claims about their own actions, the most expensive item on an insurance shopping list for the cattle giant, according to leaked documents.
07.11 / 04:45
Waves
Digital
economy
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country
Latin
innovations
Time
View: It’s time for a single QR code for all the world’s payments
Denso Wave Inc. engineer who invented the two-dimensional barcode known as quick response, or QR, had never imagined that his system of labelling automotive parts would one day become a crucial pillar of monetary exchange.
07.11 / 04:45
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Q3
Q3 is definitely looking better for Bajaj Electricals: Anuj Poddar
Anuj Poddar, MD & CEO, Bajaj Electricals, says «Q3 is definitely looking better. It has started on a stronger note and the two factors that have impacted Q2 one is just a general weak environment for consumer demand that we saw particularly in September but also there was also a shifting of the festive season this year from Q2 to Q3, which is why the base effect kicked in. I do see a better start to Q3 and hopefully a better end to Q3 as well.» In your commentary after Q2 results, you have mentioned a weak consumer demand sentiment which might have impacted your consumer products and lighting solutions revenues in the quarter gone by. Has the demand recovered from those low levels or are you still seeing it impact in this quarter as well? Yes Q3 is definitely looking better. It has started on a stronger note and the two factors that have impacted Q2 one is just a general weak environment for consumer demand that we saw particularly in September but also there was also a shifting of the festive season this year from Q2 to Q3, which is why the base effect kicked in. I do see a better start to Q3 and hopefully a better end to Q3 as well.
06.11 / 22:20
economy
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country
reports
Suburban Rail Loop bill hits $126m with sewer the ‘key achievement’
Victoria’s Suburban Rail Loop Authority has spent $126 million during its first 18 months of operations, with the “key achievement” being the laying of a 630-metre sewer pipe, annual reports reveal as experts call for it to be paused.
06.11 / 19:27
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committee
Parliamentary Standing Committee adopts reports on new crime laws
Parliamentary Standing Committee on Home Affairs examining bills to replace the three crime laws has adopted its draft report with several changes, including gender-neutral adultery law and reduced punishment under Section 353 of IPC. Despite vehement disapproval of several Opposition MPs, the panel which met on Monday decided to stick with the Hindi names — Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita and Bharatiya Sakshya Adhiniyam — for the laws to replace the Indian Penal Code, Code of Criminal Procedure and the Indian Evidence Act, respectively. According to people aware of the development, around 10 Opposition MPs, including former home minister P Chidambaram and Congress floor Adhir Ranjan Chowdhury were set to submit dissent note to the reports. The panel is headed by BJP MP Brij Lal. The report adopted by the panel has favoured a gender-neutral adultery law and punishment for non-consensual sex irrespective of gender, it is learnt.
06.11 / 19:21
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Department
Fertilizer subsidy bill may spike to ₹2 trillion
₹2 trillion this financial year as higher consumption and costlier natural gas drive it past initial estimates of ₹1.75 trillion, experts at rating agencies said. In the first six months of FY24, fertilizer subsidies have already crossed 63% of the full-year allocation. Out of the ₹1.12 trillion fertilizer subsidy spent this year, about ₹67,926 crore went into urea and ₹42,200 crore into P&K (phosphatic and potassic) fertilizers.
06.11 / 16:37
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Florida lawmakers to begin special session by expressing support of Israel
The Florida Legislature will return to the Capitol for a special session that will allow lawmakers to express their support for Israel and give Republican Gov. Ron DeSantis more talking points as he campaigns for president
06.11 / 14:49
Provident
Digital
Platform
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innovations
Now You Can Go Solar Instantly From Your Phone Without Installing Panels On Rooftop
SundayGrids to revolutionize the solar industry. Mathew Samuel, one of the co-founders, captures the essence of their mission: "More than a luxury choice that only those with independent houses and sprawling roofs can make, solar energy should be accessible for everyone, regardless of where we are and the kind of places we live in. With digital solar, that is the leap we hope to make." SundayGrids is on a mission to democratize solar energy with ‘Digital Solar’.
06.11 / 10:05
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Experts
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stage
PMGKAY extension may cause fiscal stress if foodgrain prices shoot up, experts say
Narendra Modi on Sunday announced that PMKAY would be extended to the end of December 2028. It was earlier set to end on December 31, 2023. The subsidy has been included in the overall food subsidy of around ₹197,350 crore provided in the 2023-24 budget, of which ₹95,149 crore or 48% has been used as of September, as per CGA data.
06.11 / 08:51
FIVE
Strategy
Bill
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2020
Five things to watch for in these Assembly polls
Narendra Modi on the one hand, and a bevy of Parliamentarians from Delhi descending to contest state elections on the other, especially in Madhya Pradesh. This is being seen as a strategy to counter anti-incumbency and project a new image to voters. In bilateral contests, especially close ones, smaller parties can play spoilers.
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