POT Financial News
19.07 / 17:23
Art
POT
How to make your house look luxurious, expert tips by Kalyan group's Shubh Gala
Declutter and Organize: A clutter-free home is the foundation of luxury. Begin by decluttering and organizing each room. Dispose of unnecessary items and invest in stylish storage solutions to keep things neat and organized.
19.07 / 10:55
Action
Remark
POT
Imran Khan apologises again for threatening Pakistani female judge
Imran Khan on Wednesday again apologised for his controversial remarks against a female judge, saying he was sorry if he crossed the line. Just months after his ouster in April 2023, Khan in a fiery speech threatened Islamabad's top police officials and judge Zeba Chaudhry and said he would not «spare» them and file cases against them for «torturing» his party leader Shahbaz Gill. Khan, 70, Wednesday issued an apology, again, in the district and sessions court in connection with the case, Geo News reported.
18.07 / 08:37
17.07 / 05:47
UPS
IPO
Lowe's
Booking
POT
What to expect from HDFC Bank merged entity? Saurabh Mukherjea answers
«Indian Railways is paying suppliers pretty quickly. So, we are trying to assess plays on supplying more to the railways. We are little apprehensive about the elections next year because if there is any change in power in Delhi, there will be a new bunch of people running the railway ministry,» says Saurabh Mukherjea, Marcellus Investment Managers.What are the new additions and what are the subtractions you have done in this market rally because on an average, the gains in large cap stocks are 15%, midcap is 20%, small cap is 25%.Yes, so, I think you are probably right.
16.07 / 08:51
UPS
FIVE
POT
BAY
DiRT
restrictions
Washington legal marijuana farms get back to work after pesticide concerns prompted restrictions
Some legal cannabis growers in Washington state who were ordered to halt operations in April over concerns about pesticide contamination are getting back to business
15.07 / 01:33
Platform
Action
POT
Online gaming companies seek more clarity on GST
Online gaming companies, which have slammed the Goods and Services Tax (GST) Council’s decision to impose the maximum 28% indirect tax on the full face value of the business, said they are awaiting details on the applicability of the levy before deciding their next steps. “Once the amendments are made to the GST law to include online gaming under the ambit… we would urge the government to issue a set of FAQs in the way they had put forth for tax collected at source (TCS) norms for cryptocurrencies,” said an executive at a unicorn gaming platform.
14.07 / 05:59
UPS
Waters
POT
India great example of Unity in Diversity and my visit to Akshardham sums it up: Muslim World League chief Al-Issa
Muslim World League and President of the International Islamic Halal Organisation, Sheikh Muhammad bin Abdul Karim Al-Issa, said India is a great example of Unity in Diversity and his visit to the Akshardham temple in the national capital on Thursday only served to reinforce the belief. Al-Issa, who is on a five-day visit to India, spent three hours at the Swaminarayan Akshardham on Thursday.
13.07 / 11:15
UPS
Provident
Man
Strategy
POT
boost
private credit
Pimco to boost hiring for push into private credit
Pacific Investment Management Co. has a decent record of betting on distress. Almost a decade ago, the firm managed to cope with the chaotic departure of its founder Bill Gross because of the fortune it made from snapping up cheap mortgage debt after the financial crisis.
12.07 / 19:15
UPS
POT
Define single-malt whiskies afresh, says alcobev industry
Agricultural and Processed Food Products Export Development Authority to come up with a narrower, India-specific definition that will serve as a benchmark for producing single malts in the country, considering the varied climatic conditions compared to other whisky-producing nations. In India, spirits age three to four times faster compared to other countries. Typically, single malts should be a product of a single distillery though the malt can be matured in different casks.
12.07 / 04:35
UPS
Lowe's
Platform
Pool
POT
What will be the impact of increase in GST on gaming industry? N Jayakumar answers
«Any industry in the world that can operate at 28% that is a question that you need to ask yourself, which industry and here what is happening when two people contribute Rs 100 each, literally instantly Rs 56 is taken away from the pool, there is no business in the world that gives you the ability to pay out Rs 56 on 200 or 28% in minute one and yet be productive or yet be able to operate in any manner, shape or form,» says N Jayakumar, MD, Prime Securities.I am just taking a leaf from what Ashneer Grover actually tweeted saying RIP, he is saying real gaming industry if the government is thinking people will put in 100 to play on 70 pot entry it is game over for the gaming industry. What are your thoughts on the same?I think it is a pretty straightforward thing that earlier on what used to happen just to put this in the context of the current practice was that if two persons, should I say put in Rs 100 each in order to play a game, on their winnings the platform would actually pay out 18% as GST which means that if the platform earned 15% on 200 which was say Rs 30 and on Rs 30 they would end up paying 18% which is 5.4 as GST.
11.07 / 19:31
Ball
CEO
POT
RIO
Backed
Kerry Stokes-backed Telethon halves grants to kids institute
The Kerry Stokes-backed Telethon, one of Australia’s most influential charities, has slashed the amount of money given to the children’s medical research institute that bears its name, even as donations from business and government soar.
11.07 / 17:25
Digital
Platform
Pool
POT
Online gaming industry hit by 28% tax; industry experts flag red, ask to rethink
GST Council Tuesday said it would impose a 28% tax on funds that online gaming companies collect from their customers, which could lead to higher ticket prices. Finance Minister Nirmala Sitharaman, who chairs the goods and services tax (GST) council, comprising state finance ministers, said the decision to tax online gaming was reached after extensive discussion. The Finance Minister said the tax will be levied on the entire value.
11.07 / 16:13
Digital
Platform
Racing
Pool
POT
Deloitte
Time
Ashneer Grover slams govt over 28% GST on online gaming: 'Time to enter politics or....'
₹100 to play on ₹72 pot entry (28% Gross GST); and if they win ₹54 (after platform fees)- they will pay 30% TDS on that - for which they will get free swimming pool in their living room come the first monsoon - not happening ! It was good fun being part of the fantasy gaming industry - which stands murdered now. $10 Bn down the drain in this monsoon.
11.07 / 13:35
Provident
Cooper
Citizens
Extreme
Fighting
POT
nsa
Islam occupies a ‘position of pride’ amongst religious groups in India: NSA Ajit Doval
Noting that India has been a melting pot of cultures and religions that have co-existed in harmony for centuries, National Security Advisor (NSA) Ajit Doval Tuesday said Islam occupies a unique and significant "position of pride" amongst the religious groups in the country. The NSA was speaking at an event at the India Islamic Cultural Centre in New Delhi.
11.07 / 09:47
Provident
Cooper
Citizens
Action
Remark
POT
Islam occupies unique 'position of pride' amongst religious groups in India, says Ajit Doval
National Security Advisor Ajit Doval on Tuesday said India has been a melting pot of cultures and religions that have co-existed in harmony for centuries, and Islam occupies a unique and significant «position of pride» amongst the religious groups in the country. Doval's remarks came during an event here at the India Islamic Cultural Centre where Muslim World League Secretary General Sheikh Dr Mohammed bin Abdulkarim Al-Issa, who is on an India visit, also addressed the gathering. Doval hailed Al-Issa as an authentic global voice of moderate Islam and a profound scholar with a deep understanding of Islam. Hailing the «excellent» relations between India and Saudi Arabia, Doval the ties were rooted in shared cultural heritage, common values and economic ties. «Our leaders share a common vision for the future and have been closely interacting with each other,» the National Security Advisor said. In his remarks, Doval said India as the world's largest democracy and the mother of democracies is a land of incredible diversity.
11.07 / 09:15
08.07 / 11:59
UPS
Provident
Remark
POT
BRS hits back on PM Modi's remarks on KCR govt, says 'pot calling kettle black'
Narendra Modi over his remarks on the BRS Government, Telangana Minister KT Rama Rao on Saturday said the PM has insulted the people of the state by setting up a Rs 520 crore wagon factory while «taking away» a Rs 20,000 crore rupees locomotive factory to Gujarat. Referring to PM's comments that there are thousands of teacher posts vacant in Telangana, KTR said it is like «pot calling the kettle black» as the centre is not filling more than 16 lakh central government jobs and is permanently privatising jobs in public sector organisations.
08.07 / 04:21
Waters
POT
Schools
Haridwar: Schools shut from 10-17 July due to Kanwar Mela
Haridwar district administration ordered the closure of all schools from class 1-12 from July 10-17, in view of Kanwar Mela. District Magistrate Dheeraj Garbyal said, "In view of the Kanwar Mela, the District Magistrate has decided to close all the schools and Anganwadi centres from July 10 to 17." Separately, schools, colleges, and other educational institutes have been closed in Muzaffarnagar till 16 July in view of Kanwar Yatra. This year, the Kanwar yatra commenced on 4 July with Shiva devotees from across the country making a beeline for Haridwar to collect holy water from the Ganga.
03.07 / 17:27
UPS
Target
Action
POT
Thou doth protest much
Stagnant wages? Smash up a bank. Elitist education policies? Burn some cars. Complacent royal family? Revolution!...
02.07 / 04:17
UPS
Provident
Progressive
Pool
POT
Russia’s rusty oil tanker fleet sets sail with newer ships
Shortly after President Vladimir Putin’s invasion of Ukraine early last year, hundreds of aging tankers were snapped up by a cohort of faceless traders, intermediaries and investors to keep Russian oil flowing. By some estimates, the purchases, which added to vessels that were already transporting crude for Venezuela and Iran, created a more than 900-strong dark fleet. Now, the average age of the ships being purchased is declining, according to data from VesselsValue Ltd., a researcher of shipping deals.
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