Finance Minister Nirmala Sitharaman stated that the GST Council plans to address rate rationalisation, with states cautious about revenue concerns. The council aims to keep existing tax slabs intact while reconsidering other rates, starting discussions on Sept 9. States seek to balance revenue needs without excessively burdening the public.
Read MorePrime Minister Modi briefed President Putin on his recent visit to Ukraine, discussing the importance of dialogue and diplomacy to resolve the Russia-Ukraine conflict. Modi previously received praise from President Biden for his peace-focused visit. Additionally, Modi confirmed his participation in the upcoming BRICS summit in Russia scheduled for October.
Read MoreOmar Abdullah, of the National Conference, will contest from Ganderbal in the assembly elections, reversing his decision to abstain. He realized that his abstention was inconsistent with party efforts. These elections, the first since the Article 370 abrogation, feature an NC-Congress alliance aiming to restore J&K’s statehood, fielding candidates for 83 of 90 seats.
Read MoreFinance minister Nirmala Sitharaman denied Congress’s claims of government U-turns on pension and capital gains indexation. She explained the new pension scheme is different from the previous ones, offering assured benefits. Sitharaman criticized Congress’s efforts in Rajasthan and Himachal Pradesh, emphasizing the revised scheme’s advantages for employees and manageable government costs.
Read MoreJay Shah has been elected unopposed as the next Independent Chair of the International Cricket Council (ICC), succeeding Greg Barclay on December 1, 2024. Shah, currently BCCI honorary secretary and Chair of the Asian Cricket Council, aims to globalize cricket, balance multiple formats, and capitalize on cricket’s inclusion in the 2028 Los Angeles Olympics.
Read MoreThe West Indies secured an eight-wicket victory over South Africa, completing a 3-0 T20 International series sweep in a rain-affected third match at the Brian Lara Stadium. Shai Hope and Nicholas Pooran guided the chase to reach the revised target of 116 runs in 13 overs, achieving it in just 9.2 overs with an...
Read MoreThe Supreme Court granted bail to K Kavitha of the Bharat Rashtra Samithi in corruption and money laundering cases linked to the Delhi excise policy. The court criticized the investigative agencies for their ‘pick-and-choose’ strategy and highlighted that prolonged undertrial custody should not be punitive, emphasizing a potential lengthy trial process.
Read MoreBritain’s Daniel Evans made history by winning the longest match in US Open history, lasting five hours and 35 minutes. Ranked 28th, Evans overcame a 0-4 deficit in the final set to defeat Russia’s Karen Khachanov with a score of 6-7, 7-6, 7-6, 4-6, 6-4, demonstrating remarkable resilience.
Read More After much dillydally over debate, Donald Trump Tuesday announced he had agreed with the Kamala Harris camp for the September 10 debate on ABC news — the first debate between the two after Joe Biden pulled out of the presidential race following his CNN debate debacle. Trump and Kamala camps had been warring...
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