Centre Financial News

Narendra Modi over the success of G20, at the same time, terrorists were showering gunshots on the army officers in Anantnag. Three of our senior officers will killed in the encounter.

Gehlot on Thursday blamed the Centre for delays in construction of the proposed greenfield airport in Kota. He also accused Lok Sabha Speaker and local MP Om Birla of not playing a positive role for the airport's development for fear of the credit going to the state's Congress government. Gehlot on Thursday inspected the site of the proposed Kota greenfield airport in Shambupura village of Bundi district and discussed the progress of the work with officials. Claiming that the state government is committed to building the airport, Gehlot said the Urban Improvement Trust (Kota) transferred 34 hectares to the Airports Authority of India for free.

GST Appellate Tribunal Centre announced for 28 states and eight union territories. As per data, currently, only 40 per cent of the corporate income taxpayer base is also registered under GST. As many as 1.39 crore businesses are registered under GST, almost double of the number when GST was launched six years ago on July 1, 2017. Goods and Services Tax (GST) revenue buoyancy, which was 1.25 after introduction of the indirect tax regime in 2017, has risen to 1.40 in the last two years. Average monthly GST revenue increased from Rs 89,885 crore in 2017-18 to Rs 1.50 lakh crore in 2022-23.

New Delhi: In view of Nipah virus outbreak in Kerala, the Union minister of state (health) Bharati Pravin Pawar reviewed the steps taken by the Centre and the state governments to contain the spread of the virus. She visited the ICMR’s National Institute of Virology (NIV) Pune to discuss the matter with the scientists who are closely monitoring the situation. The Central government has deputed a high-level team from NIV with mobile units equipped with BSL-3 laboratories to Kerala’s Kozhikode to conduct on-ground testing.

Karnataka on Thursday announced four-fifths of the state as drought hit – categorising most of them as severe – as Chief Minister Siddaramaiah began the first year of his second innings battling a severe scarcity of water. The declaration for the next six months has been done in accordance with the Centre’s guidelines on the subject, and the state would soon submit a memorandum to the union government seeking assistance, Siddaramaiah told the media. Karnataka has 236 taluks across 31 districts, and the government has declared 195 of them drought-hit, including 161 of them as severely drought-hit. A detailed order by the government said, Karnataka received 56% less rainfall than normal in June and 73% less in August, which was also the lowest in 125 years. Only in July did the state receive 29% excess rainfall than normal.

Himanta Biswa Sarma stated his wife and the company she is associated with have not taken or received any subsidies from the Government of India following the Congress party,s alleging that a company run by chief minister's wife has received Rs 10 crore subsidy from ministry of food processing. A social media war of words has broken out between the chief minister and Congress leaders. Congress MP Gaurav Gogoi stated in X, “Adarnya Pradhan Mantri Modi, your government has given Rs 10 crore subsidy to a private company run by the wife of Chief Minister Himanta Biswa’s wife.

Wipro on Wednesday announced the launch of its cyber defence centre (CDC) in Dusseldorf, Germany. Wipro’s CDCs globally provide localised support and fulfil customers’ cybersecurity and compliance requirements. This addition takes the number of such Wipro centres globally to 17.

Mines Ministry on Tuesday approved a 25% (of the approved cost) incentive for exploration of critical minerals in the country. In a post on social media, Mines Minister Prahlad Joshi said, «This incentive will be provided through National Mineral Exploration Trust and will help in the discovery of critical minerals in the country.» Exploration agencies from both public and private sectors can avail this financial incentive on successful discovery of critical minerals in the projects, Joshi added. This move is in line with recently approved amendments to the Mines and Minerals (Development and Regulation) Act, 1957.

Nipah virus management," Union Health Minister Mansukh Mandaviya said. The health department of Kerala suspects two more people of the same family to be infected by the Nipah virus and their samples have been sent for testing. The state government has also established a control room in Kozhikode district.

Kerala Chief Minister Pinarayai Vijayan has rejected allegations against his daughter Veena and her firm Exalogic Solutions of allegedly receiving «illegal payment» from Cochin Minerals and Rutile Limited (CMRL) and said these were legal business deals. Responding to allegations raised by UDF MLA Mathew Kuzhalnadan in the state assembly on Monday, Vijayan said all norms had been followed. «Exalogic had done business with several companies and CMRL was one of them. Exalogic received remuneration as part of a legal agreement with CMRL.

sedition law challenge case since Bharatiya Nyaya Sanhita is under consideration by a standing committee, according to Bar and Bench reports. During the hearing, CJI DY Chandrachud led-bench clarified that the new law will have no impact on the constitutional validity of Section 124A IPC since penal laws have only prospective effect and no retrospective effect, the report said. The top court directed the matter of reconsideration of Kedarnath Nath Singh's judgment to be listed before a bench of at least five judges, the Bar and Bench report added.

₹990 crore skyrocketed to ₹4,100 crore. According to him, this rise in expenditure was for the purpose of boosting Prime Minister Narendra Modi’s public image ahead of the 2024 Assembly Elections. “Why shouldn't BJP be made to pay this extra ₹3110 cr since it was clearly non-essential spending purely for Modi's self-advertisement & personal PR for 2024 elections?" Gokhale questioned on X (formerly Twitter).

SYDNEY (Reuters) — Australia's largest pension fund, AustralianSuper, said on Tuesday it would buy a minority stake in a major European data centre business for A$2.5 billion ($1.6 billion), its first significant investment into data centre platforms.

G20 Summit began on a controversial note with Opposition leaders raging over waterlogging at the venue. Members of the Congress, AAP and TMC were among the many politicians and critics that shared videos from Bharat Mandapam (as the newly inaugurated building is known) to underscore their point, eventually prompting a fact check from the Centre. “A video claims that there is waterlogging at venue of G20 Summit.

Supreme Court has dismissed a PIL seeking cancellation of Centre's decision of September 15, 2021 to grant relief to the stressed telecom sector from paying statutory dues, saying these are all matters of policy and decision-making is on the basis of experts' opinion. In a breather to telecom service providers struggling to pay Rs 93,520 crore of Adjusted Gross Revenue (AGR) related dues, the top court on September 1, 2020 gave them a 10-year period to clear their outstanding amount to the government. A bench of Justices B V Nagarathna and Ujjal Bhuyan said that no doubt, the apex court by its judgment had issued certain directions with regard to the telecom sector but in the backdrop of the COVID-19 challenges, with huge surge in data consumption, online education, work from home, etc., reform measures were found necessary to boost the proliferation and penetration of broadband and telecom connectivity. «In our view, these are all matters of policy and decision-making which is on the basis of experts' opinion and on emerging situations and exigencies, to be made in the interest of the welfare of the people of India having serious technical and financial implications and, therefore, have to be in public interest. »Hence, we do not think such Cabinet decisions could be lightly interfered with by a Court of law in the absence of there being any particulars or materials brought to the notice of the Court assailing the Cabinet decisions, as being unconstitutional or arbitrary in nature or contrary to law," the bench said.

West Bengal Governor and the state government over various issues related to the education sector, Governor CV Ananda Bose has sent two confidential letters-one to Nabanna (the state secretariat) and other to New Delhi on Saturday midnight. Bose had vowed to «take action at midnight» yesterday, following which the letters were sent last midnight. The Governor told mediapersons on Saturday, «Wait for the stroke of midnight today (Saturday midnight).

G20 Summit, sharing working space at the International Media Centre for the last three days made them experience the spirt of «one family». From September 8-10, scribes and camerapersons from Italy to Singapore and Turkiye to Brazil worked from the facility at the newly built Bharat Mandapam — the summit's venue. In between work, they chatted over cups of coffee and Indian meals, and also learned about cultures of different countries from each other. «The G20 theme is 'one world, one family, one future', and all of us have been working with one aim in one space, under one roof.

G20 Leaders' Summit in New Delhi has garnered widespread acclaim from global experts, with John Kirton, the Director of the G20 Research Group, hailing it as a «significant step forward in global governance.» Kirton's remarks come as the international community reflects on the summit's outcomes and implications for global diplomacy and cooperation. In an analysis of the New Delhi Declaration, Kirton emphasized that the G-20, representing the world's major economies, has taken on a pivotal role in shaping global governance. The declaration's breadth of coverage, spanning a wide spectrum of global issues, demonstrates the G20's growing influence and capacity to address multifaceted challenges. John Kirton said, «I think it is a significant step forward in global governance.

Nationalist Congress Party working president Supriya Sule said on Saturday in connection with the results of bypolls to seven seats across the country.

G20 Summit LIVE The White house released India-US joint statement on Friday. Is the statement “precursor to providing US military bases on Indian Soil? The NDA/BJP will have to clarify in Parliament," questioned Manish Tiwari in his latest post on X. Also Read: G20 Summit 2023: PM Modi welcomes G20 leaders with Konark Wheel replica as backdrop Till now, no BJP leader has reacted to Manish Tiwari claims and responed to his demand of discussion of the issue in parliament.

India is holding the historic G20 Summit in Delhi, Congress leader Manish Tiwari on Saturday launched an attack on the Bharatiya Janta Party-led Centre, asking the government to clarify in Parliament whether the government is aiming to provide a military base to United States soldiers on Indian soil. Tiwari, citing the India-US joint statement released by the White House on Friday, said, «Is this a precursor to providing US military bases on Indian soil? The NDA/BJP will have to clarify in Parliament.» The Congress leader's attack on the Centre comes as Prime Minister Narendra Modi held a bilateral meeting on the sidelines of the G20 Summit with US President Joe Biden hours after he landed in New Delhi to attend the mega conclave. According to statement from the White House about the meeting of both leaders at 7, Lok Kalyan Marg in Delhi, they talked about various key issues and also applauded the conclusion of a second Master Ship Repair Agreement signed between American Navy and Mumbai-based Mazgaon Dock Shipbuilders in August 2023. During the meeting, both leaders recommitted to advancing India's emergence as a hub for the maintenance and repair of forward-deployed US Navy assets and other aircraft and vessels, according to the White House statement. Taking to X, Manish Tiwari highlighted a specific part of the India-US joint statement that reads, «The leaders applauded the conclusion of a second Master Ship Repair Agreement, with the most recent agreement signed by the U.S. Navy and Mazgaon Dock Shipbuilders, Ltd., in August 2023.