Digital Financial News
22.09 / 10:47
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MET
Digital
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gatherings
GoM on GST rate rationalisation to meet on September 25 to discuss slab, rate tweaks
GST rate rationalisation will meet on September 25 and is expected to discuss tweaking of tax slabs and rates. «The meeting of the GoM on rate rationalisation is scheduled for September 25 in Goa,» an official told PTI. The six-member Group of Minister (GoM) under Bihar Deputy Chief Minister Samrat Chaudhary, last met on August 22 and had submitted a status report to the GST Council on September 9. During the August meeting, the panel had tasked the fitment committee comprising tax officers from the Centre and states to analyse the implication of tax rate change on some items and gather more data.
22.09 / 10:11
markets
Citi
Digital
Sustainability
RAI
reports
Mall retail space of 180 lakh sq ft to be added across top 8 cities in 2024-27, 1/3rd of demand: C&W
This underlines vast potential for expansion of retail spaces, it added. At present, the total retail space in top eight cities is around 60 million sq ft and 18 million sq ft is expected to be added during 2024-27.
22.09 / 10:11
markets
Digital
President
RAI
shock
BJD calls six-hour Bhubaneswar shutdown over 'assault' of Army officer, fiancee
BJD called Bhubaneswar shutdown on Tuesday, protesting the alleged assault of an Army officer and his fiancee in police custody. Addressing a press conference on Sunday, BJD MLA Arun Kumar Sahoo said the hartal will be held for six hours from 6 am till noon. BJD vice-president Debi Prasad Mishra said, «Our party president, Naveen Patnaik, is shocked over the incident. The custodial torture and sexual assault incident has shamed Odisha. The bandh will be observed to intensify the protest against police brutality. After much discussion, we have decided to call for the six-hour bandh in Bhubaneswar.» Patnaik on Friday demanded a court-monitored SIT probe and a judicial inquiry into the matter.
22.09 / 10:11
markets
Digital
RAI
Fishing
rowing
TTD board was altered for political gain, says Deputy CM Pawan Kalyan amid Tirupati Prasadam row
Andhra Pradesh Deputy Chief Minister Pawan Kalyan on Sunday said that the Tirumala Tirupati Devasthanams board was «altered for political gain» by the previous government after CM Chandrababu Naidu alleged that YSRCP govt used 'animal fat' in Laddu Prasadam given at Tirumala Temple in Tirupati. The Janasena Party chief statement comes as he started 11 days 'Prayaschitta Diksha' at Sri Dasavatara Venkateswara Swamy Temple in Guntur as penance. «Prasadam distribution has been ongoing for more than 100 years. But under YSRCP's rule, TTD board was altered for political gain. The Sri Venkateswara Trust was established, leading to various scams. Worship protocols were changed, and over 300 temples were desecrated,» Kalyan said.
22.09 / 07:47
markets
Digital
Cooper
Fighting
President
RAI
Features
India's emphasis is "minimising conflict and division" and "leveraging democratic values": Foreign Secretary Vikram on PM Modi's US visit
Modi's engagements during the Quad summit is the emphasis of India on minimizing conflict and division while leveraging democratic values to pursue development objectives, Foreign Secretary Vikram Misri said on Sunday. Addressing a special briefing on PM Modi's visit to the US, Misri said, «India's emphasis is on minimizing conflict and division, leveraging democratic values even as we pursued development objectives, and highlighting the role of technology and the digital revolution in ushering in good governance, essentially to turn the disruptive features of technology to good ends.» These themes found reflections during the bilateral meetings in Delaware,the Foreign secretary said.
22.09 / 07:47
markets
Digital
Experts
RAI
Schools
Courts
I resigned because....: Arvind Kejriwal reveals why he stepped down as Delhi CM
Arvind Kejriwal on Sunday revealed why he resigned from his post. «I resigned because I did not come to do corruption or to earn money. I came to change the politics of the country,» said Kejriwal at 'Janta ki Adalat'. «The lawyers said that this case can go on for ten years. I cannot live with this stain. So I thought that I would go to the court of the people,» the AAP leader said.
22.09 / 07:47
markets
Waves
Digital
RAI
Fishing
Nine Indian fishermen feared dead after trawler capsizes
Indian fishermen are feared dead after their trawler capsized in the Bay of Bengal during a storm, an official told AFP on Sunday. The trawler had left from the Sundarbans in West Bengal on Wednesday with 17 men on board, said Surajit Bag, assistant director of fishing in the state government. Eight were on the deck while nine others were asleep in the cabin below when the storm struck early Saturday near Bagher Char island he told AFP.
22.09 / 07:11
markets
Target
Digital
BAY
RAI
Ashwin wrecks Bangladesh as India win big in Chennai
Chasing a mammoth 515 victory target, Bangladesh were all out for 234 with only skipper Najmul Hossain Shanto (82) offering some resistance with the bat. Local boy Ashwin was pick of the Indian bowlers, while Jadeja returned 3-58.
22.09 / 07:11
markets
Digital
Experts
RAI
2020
Two asteroids, including a massive 120-foot one, to fly past Earth on Sept 24. NASA says this
Two asteroids are set to glide past Earth on September 24, 2024. Among them, one stands out due to its massive size of 120 feet. Asteroid 2024 RO11: This asteroid is approximately 120 feet in diameter, about the size of a small airplane. NASA estimates that the closest it will come to Earth during its flyby will be around 4,580,000 miles.
22.09 / 07:11
markets
Digital
Enterprise
Trade
RAI
reports
Adani Energy Solutions valued at $18.5 billion; revenue to grow 20%
Adani Energy Solutions Ltd, power transmission utility of the Adani group, is valued at USD 18.5 billion at enterprise level and a strong business growth is likely to propel a 29 per cent compounded growth in its pre-tax profits over the next three years, a report said. AESL has a diversified portfolio that includes transmission assets, distribution assets, and a smart metering business. «With an enterprise value of USD 18.5 billion, we believe AESL to be a very attractive way to play the rapidly expanding energy markets in India,» global brokerage Cantor Fitzgerald said, initiating coverage of the company. It believes AESL offers growth unlike any other publicly traded utility/energy company across US, Europe, or Asia. «We forecast total revenue to grow at a CAGR of 20 per cent from FY24 to FY27 and adjusted EBITDA to grow at a CAGR of 28.8 per cent.»
22.09 / 07:11
markets
Digital
awards
President
students
RAI
Quad Summit: India announces $500,000 scholarship for Indo-Pacific students
Quad scholarships, worth USD 500,000, to students from the Indo-Pacific. This initiative will enable recipients to pursue a four-year undergraduate engineering programme at a Government of India-funded technical institution. Notably, Prime Minister Anthony Albanese of Australia, Prime Minister Narendra Modi, Prime Minister Kishida Fumio of Japan, and President Joe Biden of the United States--met for the fourth in-person Quad Leaders Summit, hosted by President Biden in Wilmington, Delaware. Wilmington is Biden's home town.
22.09 / 06:47
markets
Digital
Platform
Experts
exclusive
Investigations
Anti-trust case: CCI asks Amazon, Flipkart to share financials to decide penalty
Subscribe to enjoy similar stories. NEW DELHI : The Competition Commission of India (CCI) has asked Amazon Seller Services Pvt. Ltd and Flipkart Internet Pvt.
21.09 / 21:29
markets
Digital
Gap
Trade
Universities
reports
Updates
As drought threat grows, a 'dead tree' emoji is coming
climate change: an emoji depicting a tree without leaves. Approval of the emoji was revealed in an update earlier this year from the Unicode Consortium. The leafless tree — also known as the "dead tree" or «dying tree» emoji — was first pitched in 2022 by Brian Baihaki, who saw a gap in messaging graphics that touch on environmentalism. «Drought is a natural part of the climate cycle… but the climate is changing (and) drought (is becoming) more frequent, severe, and even (spreading) to other places,» Baihaki noted. «Eventually, all the resources that the trees have will be exhausted.»
21.09 / 21:29
markets
Digital
Sustainability
Experts
RAI
Schools
The Penguin Episode 2: Release Date, Time, Where to Watch, Episode Schedule and Plot
The Penguin Episode 2 is set to air soon on HBO. The series has a total of eight episodes.
21.09 / 18:43
markets
Digital
security
Sustainability
War
peace
International
Modi in US: Sharing lessons, shaping future the India way
Narendra Modi will once again be on the big stage on Monday when he attends the United Nations Summit of the Future in New York. The idea of the summit emerged in 2021 in recognition of the fact, in the words of the UN Secretary General, that «we cannot continue to tackle 21st century challenges and opportunities with the 20th century foundational ideas and processes of the UN». The summit is an opportunity for international leaders to decide how to deliver a better today and safeguard the opportunities of tomorrow. The UN Secretary General has called it a «trust building exercise». The chief outcome document of the summit will be a Pact for the Future that is supposed to guide humanity as it moves towards the endpoint of the 2030 Sustainable Development Goals and beyond. The five chosen pillars of focus are sustainable development and financing for development, international peace and security, science, technology and innovation and digital cooperation, youth and future generations, and transforming global governance. The pact will be annexed with a Declaration on Future Generations and a Global Digital Compact.
21.09 / 18:43
markets
Digital
Sustainability
Experts
RAI
Diversity
PK Mishra calls for expanding insurance coverage across diverse sectors
P K Mishra has advocated for a strategic vision to expand insurance coverage across diverse sectors and entities. He said ensuring that insurance is not only available but also accessible to the most vulnerable is a key challenge. Mishra was speaking at a National Disaster Management Authority (NDMA) workshop on 'Why Disaster Risk Insurance Matters — Key Concepts and Benefits' on Friday. According to an official statement issued on Saturday, Mishra deliberated about the government's likely role in supporting expansion of insurance coverage.
21.09 / 18:19
markets
Digital
Action
Experts
RAI
Schools
Government extends virtual AGM, EGM facility for Companies till September 2025
corporate affairs ministry (MCA) has permitted companies to hold their annual general meetings (AGMs) and extraordinary general meetings (EGMs) through videoconferences or other audiovisual means for one more year till September 2025. In a circular, the ministry also said that companies are allowed to transact stipulated items through postal ballots until next September.
21.09 / 18:19
markets
UPS
Digital
security
RAI
Interviews
Venture fund MGF-Kavachh closes first deal with Rs 400 crore
venture fund set up by former defence secretary Ajay Kumar has raised Rs 400 crore and closed its first deal, with three more deals approaching finalisation. In a first for a former defence secretary of India, Kumar turned an entrepreneur by launching MGF-Kavachh, an alternative investment fund approved by the Securities and Exchange Board of India, in January, following the completion of his mandatory cooling-off period after retirement. «We have so far raised Rs 400 crore with a visibility of reaching Rs 500 crore soon. Our plan is to invest in 30 startups in sectors like defence, space and deep tech,» Kumar told ET in a phone interview from Washington DC, where he is currently on a work trip.
21.09 / 17:51
markets
Digital
Sustainability
Experts
RAI
Schools
CBDT notifies date for direct tax dispute resolution
CBDT) Saturday notified the rules and forms for the taxpayers to avail Vivad se Vishwas 2.0 scheme paving the way for settling disputes pending as on July 22. It has reduced the number of forms and streamlined the process for settlement into a four-step process, unlike the previous scheme.
21.09 / 17:51
markets
UPS
Digital
Action
film
reports
Mission: Impossible 8 - When will the Tom Cruise starrer release? Premiere date, cast & more
Mission: Impossible franchise are eagerly awaiting the release of the highly anticipated eighth installment, which follows the blockbuster success of Mission: Impossible – Dead Reckoning in July 2024. While the exact plot details remain shrouded in mystery, the release date and cast have been confirmed. Here's everything we know about Mission: Impossible 8, including its release date, cast, and more.
21.09 / 16:21
markets
Digital
VanEck
Election
President
Bitcoin
Features
Is a Kamala Harris Presidency Best for Crypto Prices: VanEck Prediction
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
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