During a rally in Gohana, Haryana, Prime Minister Narendra Modi paused his speech to interact with a young boy who was holding a framed sketch of him. Modi praised the boy for his talent, instructing his security team to take the artwork and promising to write a letter to him. As he continued, Modi strongly ...
 "The shift from VAT to GST ignites fierce debate over inter-state revenue disparities, dramatically reshaping fiscal landscapes across states.")
The shift from value-added tax (VAT) to goods and services tax (GST) has sparked discussions about how different states perform in terms of revenue. Under the previous tax system, states earned revenue from inter-state transactions based on where goods were produced. With GST, however, taxes are collected based on where goods are consumed. This change ...
Residents of the Musi riverbank in Hyderabad are protesting against eviction orders after living in the area for 20 to 30 years. They have blocked officials from executing these orders, voicing their frustration and emotional distress over the situation. Many residents express regret over their political decisions, reflecting on their past votes against former Chief ...
 "IBBI’s new amendment enhances creditor representation, empowering homebuyers and large creditor groups in India’s corporate insolvency process.")
The Insolvency and Bankruptcy Board of India (IBBI) has updated the rules for the Corporate Insolvency Resolution Process (CIRP) to improve how creditors are represented during insolvency cases. The new regulations, effective from September 24, 2024, introduce the role of an interim representative. This person will step in to represent a group of creditors while ...
A former aide of Ashok Gehlot, Lokesh Sharma, has made serious allegations against the former Chief Minister regarding a phone-tapping case in Rajasthan. In a detailed statement to Delhi Police, Sharma claims that Gehlot asked him to leak recordings from a pen drive during a political crisis in July 2020. These recordings reportedly reveal conversations ...
 "SBI declares Jet Airways’ liquidation imminent as bidders fail to pay dues, escalating tensions in India’s volatile aviation sector.")
The State Bank of India (SBI) has expressed concern over the ongoing issues with the bankrupt airline Jet Airways, stating that the buyer, Jalan Kalrock Consortium (JKC), is refusing to pay outstanding dues. During a Supreme Court hearing, SBI indicated that liquidation may be the only option left for the airline, as JKC has failed ...
Tamil Nadu Chief Minister MK Stalin is set to meet Prime Minister Narendra Modi in Delhi to request the release of funds that have been withheld by the Union Government. This visit aims to address critical financial support for projects like the Chennai Metro Rail Phase II and the Smagra Shiksha Abhiyan (SSA) programme. The ...
 "Tata Electronics partners with Taiwan’s PSMC to launch India’s first semiconductor Fab, transforming the nation’s tech landscape and job market.")
Tata Electronics, a subsidiary of Tata Sons, has announced a significant partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) to establish India’s first semiconductor facility in Dholera, Gujarat. This venture will involve a massive investment of up to Rs 91,000 crore and aims to generate over 20,000 direct and indirect jobs. The facility is set ...
Prime Minister Narendra Modi is set to visit Pune, Maharashtra, to launch and lay the foundation for various projects worth over 22,600 crore rupees. A highlight of his visit will be the inauguration of the Metro train service, connecting the district court to Swargate in Pune. In a strong push for self-reliance in supercomputing, Modi ...
 "Prime Minister Modi launched three Param Rudra supercomputers to enhance India’s scientific research, despite event postponements due to severe rain.")
Prime Minister Narendra Modi recently launched three Param Rudra Super Computing Systems and a High Performance Computing system for weather and climate research. The virtual inauguration aimed to enhance India’s self-reliance in supercomputing technology. These supercomputers, costing around Rs 130 crore, are situated in Delhi, Pune, and Kolkata, and are part of the National Supercomputing ...
