Finance Minister Nirmala Sitharaman on Monday said that GST collection from online gaming has increased 412 per cent in six months from October 1, 2023, when 28 per cent tax was levied on these services. Briefing media on the decisions taken at the 54th meeting of the GST Council, Sitharaman said the status on revenue collection from casinos, online gaming and horse races after six months of implementation of 28 per cent GST was presented to the Council. "The revenue from online gaming has increased by 412 per cent and reached Rs 6,909 crore in just for six months.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
'I will continue to be an activist and raise my voice against injustice on all fronts that do not require a compromise and I'll continue to put my energies behind the Supreme Court petition seeking the restoration of special status of the state'
As RBI governor, Sanjay Malhotra will have to give the highest priority to the interest of the economy while deciding on the growth-inflation trade off at Mint Street.
'We may see even more restrictive policies during 2.0.'
Chief ministers of three Congress-ruled states -- Karnataka's Siddaramaiah, Himachal Pradesh's Sukhvinder Singh Sukhu and Telangana's Revanth Reddy -- have announced they will not attend the NITI Aayog meeting over alleged bias against their states in the Union Budget.
'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'
A year after a Hamas attack against Israel on October 7 and the ensuing Israeli invasion of the Gaza Strip, India's trade with most West Asian countries has largely escaped any major disruption, except with countries like Israel, Lebanon, and Jordan. However, repeated flare-ups of geopolitical tensions in the region continue to drive up shipping and logistics costs.
Ukrainian President Volodymyr Zelenskyy told the United Nations Security Council that 'we have to prepare' the second peace summit to end the Russia-Ukraine war 'altogether' and he has invited India and other countries to join the peace process.
The move by the Andhra Pradesh cabinet came after the Y S Jaganmohan Reddy government last week failed to pass in the Upper House of the state legislature two crucial Bills related to its plan of having three capitals for the state.
What should have been a direct contest between the Bharatiya Janata Party and the Congress in the Ladakh Lok Sabha constituency is now a three-corner fight with an alliance of local groups fielding an Independent to challenge the national parties.
The state administration on August 2 had issued a security advisory asking Amarnath pilgrims and tourists to leave Kashmir as soon as possible, citing terror threat in the Valley.
Madhabi Puri Buch, the first female chairperson of Sebi, doesn't plan to rest on her laurels in her third and final year in office and has set out an ambitious goal, such as moving towards a same-day and instantaneous settlement cycle for the secondary market.
In retrospect, it appeared that the bitterness of the war was still strong and the Ukrainian success in occupying Russian territory just a few days ago had added to the complexity of the situation. The positive US response to the visit, however, remains a silver lining in the dark clouds, notes Ambassador T P Sreenivasan.
The three wushu fighters from Arunachal Pradesh were issued stapled visas instead of stamped ones, India's foreign ministry said.
Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.
The pilgrimage will be a big security challenge for the government as Jammu and Kashmir has been witnessing a number of targeted killings by terrorists in recent weeks.
Lashkar-e-Tayiba terrorist Yousuf Kantroo, one of the longest surviving terrorists in the Kashmir Valley, was among three terrorists killed in Baramulla district on Thursday.
Senior Congress leader Ghulam Nabi Azad on Sunday said he likes leaders like Prime Minister Narendra Modi who are proud of their roots and noted that Modi speaks frankly about his past as a tea-seller.
The number of terror incidents in Jammu and Kashmir has shown significant decline since the abrogation of Article 370 in August 2019, the Lok Sabha was informed on Tuesday.
'Our villagers used to go up to Finger 4 and Finger 6, but today the Chinese are there.' 'Since April 2020, Chinese troops have blocked Indian troops from reaching at least ten patrolling points running from the Depsang plains in the north to Pangong Tso lake in the south.'
China has signalled that it will prevent India from assuming leadership of the Global South, observes Ambassador T P Sreenivasan.
Azad, who had served as Leader of Opposition in Rajya Sabha, Union minister under various prime ministers and the chief minister of the erstwhile Jammu and Kashmir, refused to divulge any further details on the formation of his new party.
'We have been cheated. We are trying to bring Article 370 back'
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
The Centre, for the first time, has initiated a draft proposal for setting up an All India Institute of Medical Sciences (AIIMS)-like institute of national importance for animal health, education and research in Delhi to be called the All India Institute of Veterinary Sciences (AIIVS).
Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday directed officials to take strict action against illegal occupants of any land, be it government or private, without discrimination.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
In contrast to the inertia in the SP camp, the ruling Bharatiya Janata Party showed no complacency in the run-up to the polls this month.
The ultras fired upon advocate Babar Qadri at his Hawal residence around 6.25 pm from close range before fleeing the spot, a police official said.
A group of envoys including those from several Europe Union countries and a few Organisation of Islamic Countries (OIC) member states began a two-day visit to Jammu and Kashmir on Wednesday to take a first-hand account of the situation in newly-carved union territory, especially after the recently-concluded local body elections.
There are 78 such people in the village, of which 41 are women and 30 children aged three to 15 years.
Named after 'Feluda', the detective character in legendary filmmaker Satyajit Ray's stories, the test has been developed by Debojyoti Chakraborty and Souvik Maiti as a simpler way of detecting SARS-coV2 presence in clinical samples, IGIB Director Anurag Agarwal said.
India-France synergy is poised to open vistas of collaboration between the two countries, notes Rup Narayan Das.
A government employee belonging to the Kashmir Pandit community was shot dead by suspected militants at his office in the Chadoora area of Budgam district of Jammu and Kashmir on Thursday, officials said in Srinagar.
The diplomat spoke on condition of anonymity to give a sense of the feeling of other members of the Security Council after China blocked the move to designate Azhar a global terrorist. Beijing previously put a technical hold on similar proposals at the UNSC thrice.
In a letter, State Council of Educational Research and Training director Sajjan R urged competent authorities to immediately suspend all such teachers' training programmes.
Manipur Police has registered a first information report (FIR) accusing the Assam Rifles of blocking their vehicle after an altercation between the two groups last week, while the state unit of the Bharatiya Janata Party requested Prime Minister Narendra Modi to replace Assam Rifles 'by any other paramilitary force permanently' from the state.
Opposing a dialogue with Pakistan till it stops 'exporting' terror into Jammu and Kashmir, a Bharatiya Janata Party delegation led by Jammu and Kashmir president Ravinder Raina at an all-party meet in New Delhi on Thursday said those seeking engagement with the neighbouring country should meet the victims of violence to understand their pain.
If it continues to do well economically, develops a large manufacturing sector, gains in technological heft, builds a more capable defence industry, improves its human development indicators, becomes more of a trading nation, and has greater internal cohesion. In short, it is a work in progress, suggests T N Ninan.
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