Uttar Pradesh Chief Minister Yogi Adityanath has been actively monitoring the flood situation in 11 affected districts due to heavy rainfall and water release from mountains. He directed local officials in areas like Kushinagar and Kanpur Nagar to enhance relief efforts and ensure the safety of residents. Flood shelters and rescue teams have been established, ...
 "Telecom giants face government hurdles as they seek financial relief, while experts warn against the perils of real estate investment.")
The telecom industry is currently in discussions with the Union government, hoping for relief on outstanding dues related to adjusted gross revenues (AGR), especially after the Supreme Court dismissed a recent petition. Experts suggest that telecom service providers should focus on developing their business strategies independently rather than relying on government support. Additionally, various columns ...
West Bengal Chief Minister Mamata Banerjee criticized the central government for not releasing flood relief funds while the state struggles with severe flooding affecting 11 districts. During a press conference, she expressed concern about the state’s situation after the Damodar Valley Corporation discharged large amounts of water without prior notice. Banerjee warned of potential worsening ...
 "Byju’s struggles as the Supreme Court halts NCLAT relief, placing founder Byju Raveendran’s control in jeopardy amid insolvency disputes.")
The Supreme Court has reserved its ruling on a US firm’s appeal against the NCLAT decision that halted insolvency proceedings for Byju’s, the prominent ed-tech company. The court is maintaining the current status until it issues its judgment, preventing any creditor meetings related to Byju’s case in the meantime. Previously, the NCLAT had provided Byju’s ...
 "Union Finance Minister Nirmala Sitharaman announces GST relief for automotive, advertising, data hosting, and exporters, boosting growth and competitiveness.")
The Union Finance Ministry recently provided relief to several industries, including automotive, data hosting services, and advertising agencies that work with foreign clients. One key circular clarified that demo vehicles used by dealers for test drives can still qualify for GST deductions, as they support vehicle sales. Another circular recognized data hosting services provided by ...
Rahul Gandhi, the Leader of Opposition, is currently visiting the United States and made headlines with a slip regarding the name of his political alliance, the INDIA block. During a Q&A session at Georgetown University, a student challenged him about the meaning of ‘A’ in INDIA. Gandhi mistakenly referred to it as the “INDIA Alliance,” ...
A Mumbai court has denied bail to Suraj Chavan, a Shiv Sena (UBT) member, who was arrested on January 17, 2024, for his alleged involvement in a ₹6.37 crore khichdi scam during the Covid-19 pandemic. The scam involved the Brihanmumbai Municipal Corporation (BMC) distributing khichdi to migrant workers. Chavan’s lawyers argued that the reasons for ...
 "The GST Council’s dramatic meeting addressed insurance tax reforms, foreign airline relief, and surging revenues from online gaming.")
During the 54th GST Council meeting in New Delhi, Finance Minister Nirmala Sitharaman announced several key decisions. The council is exploring a state panel to review the compensation cess and its future beyond March 2026. Discussions included potential exemptions for life and health insurance premiums from GST, although further deliberation is needed. To support foreign ...
 "Tragedy Strikes Tripura: Floods Claim Lives, PM Offers Relief Assistance")
Tripura’s Chief Minister, Manik Saha, announced that Prime Minister Narendra Modi has approved an ex gratia payment of Rs 2 lakh for the families of each person who lost their life in the recent floods. Additionally, Rs 50,000 will be given to those injured in the disaster that occurred between August 19 and 24, claiming ...
This month’s Consumer Price Index (CPI) report has brought a glimmer of hope for consumers as inflation rates show signs of stabilizing. Experts are optimistic about the recent numbers, with many predicting a slowdown in price increases in the coming months. Stay tuned as we break down the key takeaways from the April CPI report ...
