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Nirmala Sitharaman, Nirmala

GST Council addresses disaster levy, clarifies tax exemptions, and revises ITC norms, while deferring insurance premium GST cut and key rate rationalisation decisions

GST council meeting

Bihar's Deputy Chief Minister Samrat Chaudhary said another meeting of the GoM is scheduled for January before the proposal is reintroduced to the GST Council

President-elect Donald Trump abruptly rejected a bipartisan plan on Wednesday to prevent a Christmastime government shutdown, instead telling House Speaker Mike Johnson and Republicans to essentially renegotiate -- days before a deadline when federal funding runs out.
Trump's sudden decision to make new demands sent Congress spiralling as lawmakers are trying to wrap up work and head home for the holidays. It leaves House Speaker Mike Johnson scrambling to salvage a new plan, days before Friday's deadline to keep government open.
"Republicans must GET SMART and TOUGH," Trump and Vice President-elect JD Vance said in a statement.
The president-elect made an almost unrealistic proposal for a continuation of government funds along with a much more controversial provision to raise the nation's debt limit -- something his own party routinely rejects.
Democrats decried the GOP revolt over the stopgap measure to keep federal offices running.
"House Republicans have been ordered to shut d

Donald Trump

The visit follows Starmer's meeting with Prime Minister Narendra Modi at the G20 where they committed to take forward an ambitious UK-India Comprehensive Strategic Partnership

Keir Starmer, UK PM, Prime Minister Starmer

Karnataka Chief Minister Siddaramaiah on Wednesday said he is ready to form a committee headed by a retired judge to look into the Waqf properties issue.
The chief minister also assured the Karnataka Assembly that the government will not remove those temples which are built on Waqf properties. In case notices have been served to them, then they will be withdrawn, he said.
Replying to the question raised by the opposition BJP on the Waqf land issue in the ongoing Assembly session on Thursday, the chief minister said, "Revenue Minister Krishna Byre Gowda has given a detailed reply to the charges of the opposition party.
"If they are not content with our reply, the government is ready to form a committee headed by a retired judge," the chief minister told the house.
He also made it clear that the matter is not a prestige issue.
Siddaramaiah said the central government had enacted the Wakf Act in 1954, which the state government cannot amend.
"The BJP-led government was in power in t

Siddaramaiah, Karnataka CM

Mumbai ferry accident: An FIR was filed at the Colaba police station in south Mumbai under relevant sections of Bharatiya Nyaya Sanhita (BNS) against the Navy speedboat driver

Capsize, Mumbai Capsize, Boat Capsize

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Adani group

Prime Minister Narendra Modi on Wednesday condoled the loss of lives in a boat accident off the Mumbai coast and announced an ex-gratia of Rs 2 lakh for the next of kin of each deceased.
Thirteen persons died and 99 others were rescued after a Navy craft crashed into a ferry off the Mumbai coast on Wednesday, the Navy said.
At about 4 pm, a Navy craft undergoing engine trials lost control and collided with passenger ferry Neel Kamal off Karanja near Mumbai, the Navy said in a statement. The ferry was carrying passengers from the Gateway of India to Elephanta Island, a popular tourist destination.
"The boat mishap in Mumbai is saddening. Condolences to the bereaved families. I pray that the injured recover soon. Those affected are being assisted by the authorities," Modi was quoted as saying by his office in a post on X.
"The Prime Minister has announced an ex-gratia of Rs 2 lakh from PMNRF for the next of kin of each deceased in the boat mishap in Mumbai. The injured would be given

Modi, Narendra Modi

At least three schools hit by bomb threat emails have turned out to be a victims of their own students, Delhi Police has discovered.
One of the several schools that received bomb threats was Venkateshwar Global School, which received a threatening email a day after a mysterious blast occurred at the Rohini Prashant Vihar PVR Multiplex on November 28.
A police officer said the email was sent by two siblings enrolled in the school because they wanted the exams to be postponed.
During counselling, both students revealed that they had got the idea from previous incidents of bomb threats being made to schools, the officer said.
They were allowed to go after their parents were given a warning.
After the email was reported, police conducted a thorough check of the school and declared the threat to be a hoax.
According to another police officer, two more schools located in Rohini and Paschim Vihar were sent threatening emails by their students.
The reason was same  the students wanted s

School,Security personnel,bomb threat

AAP leader Manish Sisodia on Saturday announced an internship named after him, aimed at providing city's youths with hands-on experience in leadership, public engagement, and election campaigns.
According to a statement, 'Internship with Manish Sisodia' offers college students and young professionals an opportunity to work closely with his team during the upcoming Delhi Assembly election.
"If you are interested in leadership and want to understand how leaders think, work, and run election campaigns, this program is for you," Sisodia said, according to the statement.
"It will provide insight into how public issues are addressed, teams are built, and meaningful dialogue with citizens is conducted. I welcome the youth of Delhi to join my election class and work alongside me during this campaign," he added.
The internship will be effective from the date of shortlisting until February 28, 2025, or the end of the Delhi Assembly elections 2025, whichever is earlier, the statement said.
T

Manish Sisodia

Aam Aadmi Party leaders in Delhi, including Chief Minister Atishi, on Saturday rejected claims that Lieutenant Governor V K Saxena has granted sanction to the Enforcement Directorate to prosecute party supremo Arvind Kejriwal in the alleged excise policy scam.
While no formal reaction was immediately available from the lieutenant governor's (LG) office on the issue, sources in the Enforcement Directorate (ED) said it is yet to receive the sanction to prosecute Kejriwal in the excise policy case linked to money laundering.
"Reports of ED getting prosecution sanction (against Kejriwal) are false. Had the LG granted prosecution sanction, why isn't the ED showing its copy," senior AAP leader Manish Sisodia, who was also an accused in the excise policy case, asked in a statement.
This is nothing but an attempt to divert attention from the "disrespect" shown by the BJP to Babasaheb Ambedkar, Sisodia alleged.
Atishi claimed reports about LG granting prosecution sanction are being spread .

Kejriwal

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Students behind bomb threat to three schools in Delhi, say police

Former Delhi education minister launches 'Internship with Manish Sisodia'

AAP rejects claims of LG granting sanction to ED to prosecute Kejriwal

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News updates: GST Council has deferred decisions on tax rates on food delivery platforms, says FM

55th GST Council takes key decisions, defers rate cuts on insurance premium

GST Council defers decision to reduce tax on health, life insurance

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