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₹4.51 trillion, accounting for 25.3% of annual estimates, according to government data released on Monday. The fiscal deficit reported during the quarter ended 30 June 2023 widened from 21.2% in the year-ago period. This was largely due to a sharp jump in capital expenditure, accelerated tax devolution to the state governments, and offsetting the sharp jump in non-tax revenues.

New Delhi: The central government ambitious ‘Skill Development in districts affected by left wing extremism (LWE)’ scheme has achieved a milestone with the establishment of 48 Industrial Training Institutes (ITIs, Union minister of skill development and entrepreneurship, Dharmendra Pradhan said in a written reply in the Lok Sabha. “The scheme of skill development in districts affected by left wing extremism (LWE) supports establishment of 48 ITIs in 48 districts affected by LWE.

Australians withdrew nearly $7.8 billion from bank deposits in June, the first big drawdown since May 2021 and the largest on record, as interest rate increases and high inflation started to bite into savings buffers.

Fears are rising that road and rail proposals could be delayed because of chronic skills shortages and cost blowouts as energy projects needed to deliver Australia’s ambitious 2030 renewable energy target overtake transport and form the bulk of work in an $894 billion infrastructure pipeline.

Wall Street analysts have continued to adjust their ratings on Southwest Airlines (NYSE:LUV) after a softer-than-expected earnings report.

FRANKFURT (Reuters) -Euro zone inflation fell further in July and most measures of underlying price growth also eased, in a largely comforting sign for the European Central Bank (ECB) as it considers ending its severe run of interest rate hikes.

Citi equity strategists hiked the broker’s year-end price target on the S&P 500 to 4,600 (from 4,500) as the U.S. equity market cleared near-term hurdles. This reflects the raised 2023 S&P 500 EPS projection ($220 vs $215 previously).

By Antonella Cinelli and Giuseppe Fonte

Check out the companies making headlines before the bell:

The notion of technological advancement upending the job market isn't a new phenomenon.

Canada has pleaded guilty to smuggling several Indian nationals from Canada into the US for profit. Simranjit 'Shally' Singh admitted to six counts of alien smuggling and three counts of conspiracy to commit alien smuggling during an appearance in Albany, New York on Friday. At the request of the US government, Singh was taken into custody on June 28, 2022, in Ontario, Canada. He was extradited from Canada to the US on March 30 this year, the US Attorney’s Office in the Northern District of New York stated in a release. From March of 2020 through March of 2021, Singh admitted to facilitating the smuggling of several Indian nationals from Canada into the US, via Cornwall Island and the Akwesasne Mohawk Indian Reservation in the St Lawrence River region.

China has imposed restrictions on exports of long-range civilian drones, citing Russia’s war on Ukraine and concern drones might be converted to military use

Bendigo Bank, an Australian financial institution, has announced new rules targeting “high-risk” instant payments to crypto exchanges.

Boutique investment bank Evercore has warned that fake recruiters posing as employees of the bank are fraudulently targeting job-seekers and asking for cash payments.

foldable smartphones, the Galaxy Fold 5 and Galaxy Flip 5, will help the company to secure 50 per cent of the super premium smartphone segment in India, reported PTI. Presently, this market is dominated by Apple, the maker of iPhones. The super premium smartphone segment consists of devices priced above USD 1,000 (approximately ₹82,000).

₹4.51 lakh crore in the April-June quarter of fiscal 2023-24, which comes in at 25.3 per cent of the annual target of ₹17.87 lakh crore, according to data released by the Controller General of Accounts on July 31. The fiscal deficit data stood at ₹2.10 lakh crore in April-May 2023.

Most U.S. military veterans are unaware that they can get help to claim a new benefit, but fraudsters know only too well and are taking advantage of the knowledge gap.

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GST evasion involving Rs 14,302 crore were detected in the first two months of the current fiscal, while Rs 5,716 crore was recovered during the period, Parliament was informed on Monday. Finance Minister Nirmala Sitharaman in a written reply in the Lok Sabha gave details of Goods and Services Tax (GST) and income tax evasion, as well as detection of outright smuggling by the Customs department. As per the data, GST evasion of over Rs 2.68 lakh crore was detected in 43,516 cases between 2020-21 and 2023-24 (April-May).

Chatbot, is causing havoc by exploiting unsuspecting users with its deceptive tactics. This sophisticated tool, based on the popular ChatGPT-3 technology, is being utilized by cybercriminals to craft fraudulent content and conduct malicious activities, putting individuals and businesses at risk. What is FraudGPT? FraudGPT is an AI Chatbot that leverages the capabilities of generative models to produce realistic and coherent text.

Britain says it will grant hundreds of new oil and gas licenses in the North Sea in a bid for energy independence