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Group of Ministers on reworking the nomenclature for GST compensation cess is likely to be convened by Union Minister of State for Finance Pankaj Chaudhary and include members from states, an official has said. The official further said the Terms of Reference (ToR) and the members of the GoM are in the process of getting finalised. «The GoM will have to suggest how the cess collected on demerit and luxury goods will be apportioned between Centre and states and suggest the legal changes that would be required to enforce the change,» the official said. The members of the Group of Ministers (GoM) on GST compensation cess are in the process of being decided. But, since the issue is with regard to cess, which is collected by the Centre, and its apportionment, the GoM would have a member from the Centre as well, the official explained.

Subscribe to enjoy similar stories. Bengaluru: Unlike many Indians, Sahil Aggarwal doesn’t share their deep faith in astrology. And yet, the 28-year old, who works in the investment industry in Bengaluru, sought guidance from astrologers twice in the last one year.

Suvendu Adhikari accused the involvement of Kolkata police in 'tampering evidence' after the Central Bureau of Investigation (CBI) arrested the officer-in-charge of Tala police station, Abhijit Mondal. In a post on X, Suvendu Adhikari said the arrest of Abhijit Mondal has established that the police were directly involved in tampering with evidence. «The arrest of Abhijit Mondal; Officer-in-Charge (OC) of Tala Police Station (PS), has established that the Police were directly involved in tampering evidence and acted as a stimulant to create lacuna in order to derail the investigation into the Rape and Murder of the RG Kar PGT Lady Doctor. The procedural lapses were well orchestrated and closely monitored by the top officials of @KolkataPolice,» Suvendu Adhikari wrote on X.

Jammu and Kashmir is gearing up for a triangular contest between Congress, National Conference and People's Democratic Party. This is one of the five seats where the NC and Congress-which entered into a pre-poll seat sharing arrangement on 83 of the 90 seats across J&K-decided to have a friendly contest. Both the parties failed to convince each other that their respective candidates had a better chance to emerge as a winner from here. The PDP, which still claims to be the part of INDIA bloc but is not part of any pre-poll alliance in J&K, saw an opportunity in the NC and Congress rivalry in this constituency and believe that they might end up as winners here. Thus in Banihal, a town spread in the lap of Pirpanchal mountain and on the banks of Nalla Bischlari and connects Kashmir with the rest of the country, the contest is no longer friendly.

Polygon put one more point on its phase 2.0 map when it announced its major migration from MATIC to POL, however, the ongoing presale of Rexas Finance (RXS), an RWA debutant, appears to be stealing the spotlight. While Polygon struggled to sustain the price pump after the upgrade, Rexas Finance has gained more ground as its presale has captured investors’ attention.

Narendra Modi will flag off the country's first 'Vande Metro' service on Monday during his two-day visit to Gujarat, an official said. The Ahmedabad-Bhuj Vande Metro is a fully unreserved air-conditioned train for which passengers can buy tickets from the counter shortly before its departure, Western Railway (Ahmedabad division) public relations officer Pradeep Sharma said on Saturday. «It will accommodate 2,058 standing and 1,150 sitting passengers. WR carried out a trial of the service early this week,» he added. According to WR officials, the Ahmedabad-Bhuj Vande Metro service will stop at nine stations and cover the 360 kilometre distance in 5 hours and 45 minutes at a top speed of 110 kilometres per hour. It will depart from Bhuj at 5:05am and reach Ahmedabad Junction at 10:50am, they said.

Subscribe to enjoy similar stories. The pull-up is the ultimate closed-chain exercise in the gym for the upper body. One might master pushups and feel like they’ve hit a plateau, but the pull-up will remain as challenging as ever.

Subscribe to enjoy similar stories. India’s small savings schemes, long cherished for their high interest rates, are under the scanner. The government has announced a strict crackdown on irregular Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) accounts, stripping them of their attractive 7.1% and 8.2% interest rates.

Subscribe to enjoy similar stories. Quiet luxury was supposed to reign supreme. Return to over-the-top fashion would take time, many claimed.

OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter, who said its $150 billion valuation will be contingent on whether the ChatGPT-maker can upend its corporate structure and remove a profit cap for investors. The details of the conditions of the $6.5 billion funding, which have not been previously reported, shows how far OpenAI, the most valuable AI startup in the world, has come from a research-based non-profit, and the structural changes it's willing to make to attract ever more investment to fund its expensive pursuit of artificial general intelligence (AGI). The outsized funding round has seen strong investor demand and could be finalized in the next two weeks, given the rapid growth of OpenAI's revenue, sources added.

The possibility of stagflation, or stagnation and inflation, is not off the table after August's inflation numbers were lower than projected.

Former Bank of Canada governor Stephen Poloz sees recession conditions in many parts of the Canadian economy, as growth fails to keep pace with an increasing population.

Friday the 13th is widely known as an unlucky day in Western cultures. This superstition has existed for centuries and involves a combination of beliefs about the number 13 and the day Friday. Despite unclear origins, this idea persists today.

Donald Trump had an overall average day at the US Presidential debate, where he did not deliver exactly up to the expectations of his followers, but still managed to scrape through with fair grade. However, there was something interesting that happened right after the Debate, and it was not just Taylor Swift's Instagram post, endorsing Kamala Harris and Tim Walz.

Onsurity has raised Rs 219.7 crore (around $26.2 million) in a funding round led by private equity firm Creaegis. The round also saw participation from existing investors Nexus Venture Partners and Quona Capital. According to a regulatory filing with the Registrar of Companies (RoC), Onsurity’s board has approved a special resolution to issue 10 equity shares and 6,302 Series B1 compulsory convertible preference shares, priced at Rs 3,48,089 each, totalling Rs 219.7 crore. Creaegis invested Rs 176.4 crore, while Nexus Venture Partners and Quona Capital contributed Rs 31.4 crore and Rs 11.9 crore, respectively.

Around 36,000 schools in the U.S. are in need of updated heating and cooling systems, according to the Government Accountability Office

September historically hasn't been kind to stock investors.

Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in the audit of collapsed local property developer Evergrande

Hedge fund billionaire John Paulson, who made a name for himself by betting against the housing market during the financial crisis and who is today a prominent supporter of former President Donald Trump, said there could be a collapse in the financial markets and a recession if Vice President Kamala Harris' proposed tax plans become a reality.