Supreme Court Upholds 28% GST on Online Gaming Bets
The Supreme Court upheld the 28% GST on the full face value of online gaming bets, validating the tax levy and dismissing challenges from gaming firms facing notices for Rs 2.5 lakh crore evasion.
Category : Business
Ludhiana MC Officials in Conveyance Allowance Row
A controversy has erupted in Ludhiana over conveyance allowance paid to MC officials who also use civic body vehicles, raising questions about double benefits and financial propriety.
Borrowed Success: Hidden Costs of Shortcuts
Explore the steep price of borrowed success, where shortcuts and unethical practices undermine genuine achievement and long-term growth.
Govt Needs All Revenues It Can Get: Panagariya
Former NITI Aayog VC Arvind Panagariya emphasizes the need for the government to maximize revenue collection to fund development and welfare programs amid fiscal challenges.
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Rs 2.24 Crore Cash Buried in Jute Field Seized
Police unearthed Rs 2.24 crore buried in a jute field after arresting Baduria Municipality chairman Dipankar Bhattacharya. The cash, in Rs 500 notes, was hidden underground. Drones were used to scan for more hidden assets.
Aequs Reports Net Loss of Rs 54 Crore in Q4
Aequs reported a net loss of Rs 54 crore in Q4, impacted by lower sales and higher expenses. Revenue declined, while costs rose, affecting profitability.
PMRDA Proposes New Roads to Ease Hinjewadi Traffic
PMRDA proposes new connector roads and widening projects around Rajiv Gandhi Infotech Park in Hinjewadi to ease gridlock and improve traffic flow in Pune's IT hubs.
Delivery Person Held in Rs1.33-Crore Nursing Job Fraud
A 39-year-old delivery person was arrested in Chinchwad for duping over 15 women of Rs1.33 crore by promising nursing jobs in government hospitals. He is the third suspect arrested.
Byju's Founder Raveendran Gets 6 Months Prison in Singapore
Singapore court sentences Byju's founder Byju Raveendran to six months in prison for failing to pay $1.2 billion to creditors, impacting the edtech firm's future.
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Farmer Arrested for Rs 18 Lakh Fake Gold Loan Fraud
A farmer from Ahilyanagar district was arrested for duping a private bank of Rs 18 lakh by securing loans against fake gold jewellery. The fraud was uncovered during an internal audit.
Noida-Greater Noida Power Demand Surges Past Last Year's Peaks
Power demand in Noida and Greater Noida rose 650 MW in 15 days, surpassing last year's peaks. Officials deploy night patrols to manage load amid rising temperatures.
JITO Summit in Chhatrapati Sambhajinagar to Boost Manufacturing
JITO's two-day summit in Chhatrapati Sambhajinagar focuses on manufacturing, EVs, AI, and more. Industry leaders from Ather Energy, EY, and others to discuss growth opportunities.
GMR Nagpur Airport Floats Tender for Infrastructure Overhaul
GMR Nagpur International Airport Limited has issued a four-part tender for terminal expansion, airside upgrades, and utility works at Dr Babasaheb Ambedkar International Airport, following Cabinet approval for a major modernization project.
Pune Society Celebrates Water After Eight-Year Battle
Residents of Ganga Florentina housing society in Pune finally got water after eight years of delays, bringing relief and celebration. The society spent lakhs monthly on tankers and water softening.
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Two booked for cheating investors of Rs 3.6 crore
A case has been registered against two individuals for allegedly cheating investors of approximately Rs 3.6 crore by promising high returns through a company named Atalia Traders Private Limited.
CNG price hikes add Rs 6/kg, burdening NCR commuters
Four rounds of CNG price increases since mid-May have pushed rates above Rs 83/kg in Delhi, raising daily travel costs for NCR commuters by an estimated Rs 2,500-5,000 per month.
179 Units Register for 24x7 Operations in Chandigarh
Nearly two years after Chandigarh allowed round-the-clock commercial operations, 179 units have registered, mostly food outlets. Revised norms cap work at 10 hours daily, 48 weekly.
Kerala PWD Action Plan for Timely Project Completion
Kerala PWD Minister P K Basheer announced an action plan for timely project completion, new bridge beautification works, and an adalat for resolving promotions and disciplinary issues.
Banas Dairy raises milk procurement price by Rs 15/kg fat
Banas Dairy, Asia's largest dairy cooperative, has increased milk procurement price by Rs 15 per kg fat to Rs 860, benefiting 4.5 lakh cattle breeders in Banaskantha and Patan districts.
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IT Dept Enables Online ITR-2 Filing for AY27
The Income Tax Department has launched online ITR-2 filing for AY27, allowing taxpayers to file returns for income from capital gains and multiple sources.
Varanasi-Lucknow Special Express Now Daily Service
Indian Railways regularises Varanasi-Lucknow Special Express as daily service with new numbers 14225/14226, enhancing passenger convenience from Thursday.
Gujarat ATS Seizes 115kg Cocaine in Major Maritime Bust
In a major anti-narcotics operation, Gujarat ATS and Indian Coast Guard seized 115kg of cocaine worth Rs 1,150 crore from a cargo vessel near Mundra port, arresting three foreign nationals.
GMDA Proposes 5 Elevated Corridors, 7 Flyovers in Gurgaon
GMDA has proposed five elevated corridors and seven flyovers/underpasses in Gurgaon to create signal-free routes. 51 road projects worth Rs 386 crore were approved to reduce congestion.
Supreme Court rulings threaten online fantasy gaming industry
The Supreme Court upheld 28% GST on fantasy gaming and ruled states can criminalize money-based games, potentially wiping out the sector with over Rs 1 lakh crore in tax demands.
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Ludhiana Trust's ₹197 Crore Property Gets Zero Bids
A 77-unit derelict property in Ludhiana failed to attract any bidders at auction, dealing a blow to the Ludhiana Improvement Trust's revenue plans. The 2.22-acre site on Rani Jhansi Road remains unsold after 18 years.
Shriram General Insurance Partners with Piramal Finance
Shriram General Insurance has partnered with Piramal Finance to expand insurance accessibility in semi-urban and rural India, leveraging Piramal's extensive branch network.
Pune Airport Slots Vacant as Airlines Cut Costs
Several slots at Pune airport remain unused despite IAF allotment, as airlines reduce operations due to high fuel costs, impacting flight availability and airfares.
Karnataka Revokes Peenya Industrial Township Status
The Karnataka government withdrew the 'Industrial Township' status for Peenya Industrial Area, impacting plans for a separate governance model and civic infrastructure improvements.
Fire at Factory in Delhi's Kirti Nagar, No Injuries
A major fire erupted at a factory in Delhi's Kirti Nagar area. Fire tenders rushed to the spot and brought the blaze under control. No casualties have been reported so far.
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Kineco Group Wins Vande Bharat Sleeper Train Interior Deal
Goa-based Kineco Group secures multi-year contract to supply interiors for Vande Bharat sleeper trains, boosting order book to over Rs 3,000 crore.
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