The GST Council, meeting in Jaisalmer, decided to lower the GST rate on AAC blocks with high fly ash content to 12%. Fortified rice kernels will now attract a 5% GST rate regardless of use. Ready-to-eat popcorn's GST rate will vary based on ingredients and packaging, while the rate for used cars, including EVs, has been increased to 18%.
Star anise water offers multiple health benefits, including aiding digestion, promoting weight loss, boosting immunity, improving skin health, and reducing inflammation. Learn how to make it at home for winter wellness.
NDR InvIT, India's first warehousing InvIT, secured a groundbreaking $75 million investment from IFC through sustainability-linked bonds. This funding will fuel warehouse expansion, improve infrastructure, and promote eco-friendly practices, including EDGE Certification for existing facilities. The investment reflects the burgeoning Indian warehousing sector's growth potential, projected to reach 500 million sq ft by 2030, driven by ecommerce and manufacturing.
India’s forest and tree cover has increased by 1,445 sq km since 2021, according to the India State of Forest Report (ISFR) 2023. Forest cover alone rose by 156 sq km, reaching 21.76% of the country’s total geographical area. Tree cover also expanded by 1,289 sq km. The overall green cover now stands at 25.17% of India’s land.
Higher tax on dividend: From January 1, 2025 Indians need to pay witholding tax at 10% rate instead of 5% rate in Switzerland. Experts say this may result in burden for a company's cash flow and may also result in dead loss for certain trusts and individuals investing in Switzerland. Read below to know the impact of this decision by Switzerland.
After a subdued 1HFY25, the hospitality sector rebounded strongly, fueled by a vibrant wedding season and thriving MICE activities. Key players are expected to post 10-12% YoY RevPAR growth this quarter, driven by an 8-10% rise in Average Room Rates (ARR).
Tech billionaire Elon Musk has been receiving support from GOP lawmakers to become the US House Speaker. Elon Musk had urged Republicans to not to pass a government funding extension that would prevent a major shutdown. But the SpaceX CEO is born in South Africa. So, can he become the House Speaker? What does the Constitution says?
Europe's auto slump is crippling small manufacturers in the automotive supply chain. Gerhardi Kunststofftechnik GmbH, a long-time Mercedes supplier, filed for bankruptcy, highlighting the widespread impact. Thousands of job cuts have been announced as carmakers slash production amid weak sales and the challenging transition to electric vehicles. High energy prices and reduced government subsidies further exacerbate the crisis.
Four men were questioned by Mumbai police near Shiv Sena (UBT) leader Sanjay Raut's residence on suspicion of conducting reconnaissance. Investigation revealed they were telecom company employees testing the network. The incident occurred Saturday morning when two men on a motorcycle were observed outside Raut's bungalow, prompting concern and a police response.
NORAD’s Santa Tracker has evolved into a cherished global tradition, helping millions track Santa’s journey on Christmas Eve. Originating from a misdialled phone number in 1955, this annual programme, now powered by modern technology, continues to spread joy worldwide. Volunteers, satellites, and infrared sensors all work together to ensure that children and families can follow Santa’s route, keeping the magic of Christmas alive.
A video of 5th grader Sushila Meena's impressive bowling action, reminiscent of Zaheer Khan's style, went viral after Sachin Tendulkar shared it. The Rajasthan girl's natural talent caught the attention of cricket fans and the Pratapgarh District Cricket Association, who offered support and training. The video sparked discussions about untapped grassroots talent.
Maharashtra's Mahayuti government is expected to announce portfolio allocations on Saturday, concluding the state assembly's Winter Session. Leaders of the BJP, Shiv Sena, and NCP met to finalize the distribution, following the swearing-in of ministers earlier this month. Shiv Sena leader Bharat Gogawale expressed confidence in securing the guardian minister post for his home district, Raigad.
“If we look at the constituent heavyweights like SBI, Bank of Baroda, PNB, IOB, Canara Bank and Indian Bank, which form around 75% of the index, they are trying to make a base around the 61.8% Fibonacci retracement level and the average RSI of these stocks is around 44. All these are hinting at a near-term bounce back which could possibly gain pace in the second half of next week.”
In the largecap segment, 15 companies saw block deals worth Rs 2,477 crore. RIL led with Rs 461 crore across eight deals, followed by Zomato (Rs 343 crore), ICICI Bank (Rs 312 crore), and Bajaj Auto (Rs 241 crore). Other key players included Godrej Consumer (Rs 171 crore), Kotak Mahindra Bank (Rs 160 crore), Nestle India (Rs 137 crore), and HDFC Bank (Rs 114 crore).
Kashmir shivered through its coldest December night in five decades as Chillai Kalan, the 40-day period of harshest winter, began. Srinagar plummeted to -8.5°C, freezing Dal Lake and water lines. Pahalgam and Gulmarg also recorded sub-zero temperatures. While mainly dry weather is forecast, light snowfall is possible in higher reaches.
Infosys founder Narayana Murthy emphasized that true nationalism lies in working for India's betterment, not just symbolic displays. He urged the youth to contribute responsibly to society, particularly for the underprivileged. Murthy also warned about climate change's potential to trigger mass migration to already strained urban centers like Bengaluru and Hyderabad, advocating for collaborative mitigation efforts.
Discover the top 10 wealthiest individuals in India, including Mukesh Ambani, Gautam Adani, and Savitri Jindal. Learn about their industries, achievements, and net worth, shaping India's economic landscape.
As the market experiences volatility and more expected in the coming days, remember that this is a transient phase. What endures are investing principles which have . So, develop the ability to ignore the noise which volatility creates and focus on the business you either own or will own after you buy the stocks you are targeting. If the business presents a significant opportunity in terms of growth, and the management has a track record of smart execution, then all volatility and panic phases are opportunities for investing in such stocks. Читать дальше...
Shiv Sena (UBT) leader Sanjay Raut expressed concern over the delay in Maharashtra Cabinet's portfolio allocation despite the Mahayuti government's majority. He questioned the accountability for law and order issues. Raut also criticized the central government for transferring cases involving Rahul Gandhi, following a scuffle between NDA and INDIA bloc MPs in Parliament.
Delhi's Lieutenant Governor sanctioned the Enforcement Directorate to prosecute AAP leader Arvind Kejriwal in the excise policy case. The ED alleges Kejriwal conspired to receive ₹100 crore, benefiting private entities through a tailored liquor policy. They also claim ₹45 crore of illicit funds were used for AAP's Goa election campaign, with Kejriwal's involvement in money laundering.
Sustainable entrepreneurship is transforming business by prioritizing both profit and the planet. Driven by moral imperative, consumer demand, and regulations, these businesses embed green practices throughout their operations.
The US government pledged substantial military aid to Taiwan. The aid package includes defence articles and military equipment. This move aims to bolster Taiwan's defence capabilities. China has increased military activities near Taiwan. Taiwan recently responded to a large Chinese naval presence. The US action underscores its commitment to Taiwan's security.
The Reserve Bank of India reported that DISCOM losses reached Rs 6.5 lakh crore, impacting state finances. The RBI recommends improving efficiency, reducing losses, and aligning tariffs with costs. Privatization and unbundling are also suggested. States are showing fiscal discipline, with a gross fiscal deficit contained at 2.91 percent of GDP. Capital outlay increased, indicating investment in infrastructure.