Softening its stance, the Goods and Services Tax (GST) Council on Wednesday decided to implement a 28 per cent tax on electronic gaming, casinos, and horse racing, but this would be applied on the initial amount paid upon entry, and not on the total value of each bet placed. Despite dissent from… Continue reading 28% GST on online gaming to be implemented from October 1: FM Sitharaman
Author: Andrea Harvey
Pricol Ltd reports 55% rise in consolidated Q1 profit at Rs 31.93 cr
Illustration: Ajay Mohanty Auto components maker Pricol Ltd has reported a 55 per cent rise in its net profit for the April-June 2023 quarter at Rs 31.93 crore, the Tamil Nadu-based company said on Wednesday. The firm had registered a consolidated net profit of Rs 20.59 crore registered in the same period of… Continue reading Pricol Ltd reports 55% rise in consolidated Q1 profit at Rs 31.93 cr
Brics will move forward on expansion at summit, says South Africa
By S’thembile Cele and Sudhi Ranjan Sen A planned announcement on the expansion of BRICS at a forthcoming summit in South Africa will mark a significant change in the global order, the nation’s ambassador to the five-nation bloc said, even as some of its members push back against new admissions. … Continue reading Brics will move forward on expansion at summit, says South Africa
Centre asks e-commerce platforms to stick to their business model
Premium There were also discussions to align the proposed consumer protection rules on e-commerce, as well as the e-commerce policy. The Centre on Wednesday asked e-commerce majors not to flout their respective business models, and ensure that a distinction is made between the inventory and marketplace models, people aware of the matter said. … Continue reading Centre asks e-commerce platforms to stick to their business model
Chicago wheat falls after Russian attack on Ukraine port renews worries
Chicago wheat slid for a sixth consecutive session on Wednesday, after sharp gains overnight as supply jitters caused by a Russian strike against a Ukrainian port were tempered by strong Russian exports and signs Moscow is open to reviving a Black Sea corridor deal. Soybeans dipped to nearly one month lows and… Continue reading Chicago wheat falls after Russian attack on Ukraine port renews worries
Uttar Pradesh to leverage agri waste value chain for power generation
To provide an additional revenue source to farmers, the Uttar Pradesh government is looking to enrich the agricultural waste value chain for power generation and ethanol production. Agricultural waste or biomass will be converted into biomass pellets to replace coal in the state’s thermal power plants. The potential agricultural waste market in UP is… Continue reading Uttar Pradesh to leverage agri waste value chain for power generation
36 govt websites faced hacking incidents in first six months of 2023
As many as 36 websites of ministries and departments under the central and various state governments faced hacking incidents in the first six months of 2023, Parliament was informed on Wednesday. Cyber security watchdog CERT-In tracked these incidents. According to data shared by Minister of State for Electronics and IT Rajeev Chandrasekhar… Continue reading 36 govt websites faced hacking incidents in first six months of 2023
Team USA 12U baseball goes viral after receiving high-fives from New Zealand players during 43-1 win
Team USA’s 12U baseball team made waves last weekend after breaking records and dominating its competition at the World Baseball Softball Confederation U-12 Baseball World Cup. The scoreboard got so lopsided that New Zealand, Team USA’s opponent to kick off the tournament, gave Team USA’s players high-fives as they rounded the bases after hitting home… Continue reading Team USA 12U baseball goes viral after receiving high-fives from New Zealand players during 43-1 win
Sebi, APMI jointly set standards for performance audit of PMS players
The Securities and Exchange Board of India (Sebi) and Association of Portfolio Managers in India (APMI) will jointly set standards for performance audit of portfolio management services (PMS) players. After Sebi’s recent tightening of norms, PMS players are required to conduct a performance audit annually and submit a report within 60 days after the… Continue reading Sebi, APMI jointly set standards for performance audit of PMS players
Bills’ Josh Allen has fun with Aaron Rodgers’ win at Pebble Beach Pro-Am, says he sandbagged ‘the world’
Buffalo Bills quarterback Josh Allen is preparing to face New York Jets quarterback Aaron Rodgers twice during the 2023 NFL season, but the two-time Pro Bowler met the four-time MVP on the golf course in February. At the Pebble Beach Pro-Am, Rodgers and professional golfer Ben Silverman were the Pro-Am team champions, with Allen and… Continue reading Bills’ Josh Allen has fun with Aaron Rodgers’ win at Pebble Beach Pro-Am, says he sandbagged ‘the world’