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GST Council meeting started on Tuesday and is likely to deliberate on a host of issues including taxation of online gaming, definition of utility vehicles and tightening of norms for registration and claiming of ITC. At the beginning of the meeting taking place in the national capital, Finance Minister Nirmala Sitharaman released a short film titled 'GST Council — 50 steps towards a journey'.

Rep. Mike Lawler, R-N.Y., discusses U.S. tech titans attending the state dinner for India Prime Minister Narendra Modi and China's rising aggression.

As defense budgets increase across Europe, capitals across the continent face a difficult choice: whether to spend the money on weapons developed at home or continue buying American. Last year, defense expenditure in Europe rose 13% to $345 billion, the fastest rate since the end of the Cold War, according to the Stockholm International Peace Research Institute, a think tank known as Sipri. Much of the spending, however, goes to U.S.

Goldman Sachs in a report on Monday said India, the fifth-largest economy, will become the second largest economy in the world by 2075 surpassing not only Japan and Germany but also the United States. According to the investment bank report the innovation and technology, higher capital investment and rising worker productivity to increase drastically due to the burgeoning population of the country. Currently, India is the world’s fifth-largest economy, behind Germany, Japan, China and the US.

GST) council at its 50th meeting scheduled for tomorrow, July 11, is likely to deliberate on a host of issues including taxation of online gaming, definition of utility vehicles and tightening of norms for registration and claiming input tax credit (ITC). The GST Council is chaired by finance minister Nirmala Sitharaman and comprises a panel of state representatives.

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Real estate crowdfunding has emerged as a game-changer in the world of personal finance, offering individuals the opportunity to invest in real estate projects with relatively low barriers to entry. This innovative investment model has gained popularity in recent years, allowing investors to diversify their portfolios and potentially earn substantial profits. With the increasing number of real estate crowdfunding platforms, Indian investors now have access to a range of investment opportunities previously limited to accredited investors.

“Lot of family offices and UHNIs are now actively investing in these bond strategies, and over the years it has become much more mainstream for capital allocators,” saysMohamed Irfan, Fund Manager at Vivriti AMC. In an interview with ETMarkets along with PMSBazzar, Irfan said: “A typical HNI/UHNI, depending on age and other goals – can allocate somewhere between 10% -20% in alternates. Within that, there could be private equity, venture capital etc.” Edited excerpts: Thanks for being part of the segment. Vivriti has a wide variety of fund catering to the credit market. Tell us more about the Mid-Market Performing Credit space and how you are addressing the financing gap in India? From our view, companies that have a good amount of vintage, profitability, and a proven business model form the bulk of the mid-market performing credit space.

«The subsidiaries of HDFC, of course, the companies like HDFC Life or HDFC Securities or for that matter even HDFC AMC also comes under the umbrella of HDFC Bank and it creates a huge sort of a banking conglomerate,» says Devang Mehta, Spark Private Wealth.Let us discuss one of those important cues HDFC twins, HDFC merger which is lined up. What do you think changes for the market and for the prospect of this behemoth itself? Do you think in the near term, the growth will slow down? I think clearly what the market is looking at the merger of HDFC and HDFC Bank is that we clearly get a big conglomerate in terms of financial strength.

2023 Made in Himmerland event offers a total prize money pool of $3.25 million. The tournament, taking place at HimmerLand in Farso, Denmark, involves 78 professional players who will compete over four rounds. Those who successfully complete the tournament will earn DP World Tour prize money and receive an official paycheck this week.

Vice President Kamala Harris, an avid Golden State Warriors fan, took to Twitter to welcome Jordan Poole to Washington D.C. following a blockbuster trade. Harris expressed her fondness for Poole and shared a photo of them together during the Warriors' visit to the White House in January 2023.

corporate social responsibility (CSR) spending might be paved with good intentions. But a combination of regulatory restrictions around budgets, timelines and reporting, and a compliance mindset is holding companies back from taking a long-term approach to CSR, according to India Inc CSR heads and multiple social sector experts. A recent newsletter by the ministry of corporate affairs (MCA) stated that while CSR spends had nearly doubled from 2016 to 2021, it was “imperative that the companies take a long-term comprehensive approach to yield productive results,” as reported by ET earlier.

single-cell organism that can be only observed through microscopes and is found in warm freshwater bodies such as lakes, rivers, hot springs as well as soil. The organism can also be rarely found in public places like poorly maintained swimming pools, water parks, etc. The experts claim that Naegleria fowleri cannot survive in saline conditions and hence is not found in seas.

NEAR Protocol has expanded its gaming ecosystem by partnering with Vortex Gaming, a Web3 subsidiary of INVEN, Korea's largest game media and community. This collaboration aims to attract more users and companies to the NEAR ecosystem while strengthening the NEAR game ecosystem. INVEN, with a monthly active user count of 7.2 million, brings valuable expertise and content to the partnership.

Janet Yellen holds meeting in China

Ant Group on Saturday announced a share repurchase plan that values the fintech giant at $78.54 billion, as the management seeks to replenish its staff incentive pool and let some investors exit after regulators fined the firm. It marked a sharp fall in the $300 billion-plus value ascribed to the company in mid-2020 before its IPO planned for later that year was pulled.

Greater Noida West has emerged as a shining star in the real estate landscape of the National Capital Region. Strategically located near Noida and Greater Noida, this region, consisting of a cluster of prime sectors, has proven to be a goldmine for investors and buyers alike. The existing and proposed developments in Greater Noida West have significantly piqued the interest of potential buyers, investors, and developers.

The online gambling industry is an inescapable part of the future, with more and more people turning to online platforms to gamble. 

Karnataka Chief Minister Siddaramaiah on Friday slammed the Centre for «failing to control steep price rise», and hit out at the previous BJP government for «deteriorating» the state's economy. «The Central government failed to control steep increase in the prices of essential commodities and fuel during 2022-23.

Domestic firms continued to lead the absorption in April-June’2023 and H1 2023, accounting for a share of 43% and 46%, respectively, mainly led by flexible space operators, technology corporates and BFSI firms according to a report by CBRE. The report points out that office leasing increased by 12% Q-o-Q and touched 13.9 mn. sq. ft. during the April-June’23 period. Bangalore, Chennai, and Pune led the absorption in Q2 2023, accounting for about 59% of the transaction activity. During the quarter (April-June’23), technology companies witnessed an uptick in activity, accounting for 29% of the leasing, followed by flexible space operators (18%), engineering & manufacturing firms (17%) and BFSI corporates (17%). “India is expected to be amongst the world’s fastest-growing economies amidst a likely weakening of global macroeconomic conditions. We believe that the share of domestic firms in leasing would also remain strong during the year; at the same time, their greater emphasis on return to offices (RTO) is also expected to boost their operations,” said Anshuman Magazine, Chairman & CEO — India, South-East Asia, Middle East & Africa, CBRE. Leasing in the BFSI sector was driven by deal closures by global capability centres of BFSI corporates, Indian banks, and insurance firms. Most of these corporate are focusing on expanding their footprint.

India’s year-old campaign to boost the rupee’s role in cross-border payments has made little headway, according to people familiar with the matter, underscoring the challenges for countries trying to reduce their dependence on the dollar. The Reserve Bank of India has allowed more than a dozen banks to settle trades in rupees with 18 countries since last year and is encouraging big oil exporters such as the UAE and Saudi Arabia to South Asian nations to accept the Indian currency for trade settlements.