Govt to roll out pan-India biometric authentication to prevent GST fraud. The Goods and Services Tax (GST) Council, during its 53rd meeting held on Saturday, announced a significant measure aimed at curbing fraudulent activities in the GST regime. The council decided to implement pan-India Aadhaar-based biometric authentication to address the issue of fake invoicing, which is often used to fraudulently claim input tax credit (ITC). It is a proactive step by the GST Council to strengthen the GST regime and curb fraudulent activities. The primary objective is to check the practice…
Month: June 2024
Surge in Millionaire Migration from India to the UAE
The report suggests a significant outflow of millionaires from India, with an estimated 4,300 expected to leave in 2024. India, recognized as the fastest-growing economy globally, is set to rank third in terms of millionaire migrations, trailing only China and the United Kingdom. Despite recently surpassing China as the world’s most populous nation, India’s net exodus of millionaires remains significantly lower than China’s, accounting for less than 30% of China’s total millionaire outflows. The UAE’s allure stems from its robust business opportunities, financial benefits, and high-quality lifestyle, making it an attractive…
Lok Sabha Session 2024 Live Updates: Opposition Protests Mark Opening Day
New Delhi: The first session of the 18th Lok Sabha commenced on Monday with significant controversy and opposition protests. Key issues include the appointment of BJP leader Bhartruhari Mahtab as pro-tem speaker, bypassing Congress member K Suresh, and concerns about irregularities in the NEET-UG exam and the cancellation of other tests. Opposition Protests Leaders from the INDIA bloc staged a protest in front of the Gandhi statue, holding copies of the Constitution to voice their dissent against the appointment of Mahtab. The opposition’s objection centers on the bypassing of Congress…
South Africa Clinches Nervy Win Over West Indies to Reach T20 World Cup Semifinals
In a thrilling contest at the Sir Vivian Richards Stadium on Monday, South Africa edged out the West Indies by three wickets in a rain-affected match to secure their first semifinal berth in 10 years at the T20 World Cup 2024. South Africa’s Bowling Performance South Africa, led by captain Aiden Markram, won the toss and elected to bowl first. The decision paid off as South Africa’s bowlers put up an impressive all-round performance to restrict West Indies to 135 for 8. Left-arm wrist spinner Tabraiz Shamsi was the standout…
Meta Rolls Out AI Chatbot in India to Expand AI Offerings
New Delhi, India: Facebook parent company Meta has announced the rollout of its artificial intelligence chatbot, Meta AI, in India, aiming to scale up its AI offerings in a highly competitive market. The launch, announced on June 24, follows months of testing with a section of users in India, Meta’s largest market, with over a billion combined users across its suite of apps. Competitive Landscape The introduction of Meta AI in India comes shortly after rival Google extended its AI chatbot, Gemini, to the country, supporting nine Indian languages. These…
Gunmen Kill 15 Police Officers and Priest in Russia’s Dagestan
Makhachkala, Dagestan: In a tragic escalation of violence, over 15 police officers and several civilians, including an Orthodox priest, were killed by armed militants in Russia’s southern republic of Dagestan on Sunday. Governor Sergei Melikov confirmed the casualties in a video statement early Monday. Details of the Attacks The coordinated attacks targeted two Orthodox churches, a synagogue, and a police post in the cities of Derbent and Makhachkala. The gunmen opened fire, causing widespread chaos and destruction. According to state media, both the church and synagogue in Derbent caught fire…
Lok Sabha Session 2024 Live Updates: Pro-tem Speaker Bhartruhari Mahtab Takes Oath; PM Modi to Address Media Shortly
New Delhi: The first session of the 18th Lok Sabha commenced today with the swearing-in of BJP leader Bhartruhari Mahtab as pro-tem speaker, administered by President Droupadi Murmu. This appointment has already sparked significant controversy, as Congress member K Suresh was overlooked for the role, leading to opposition discontent. Key Highlights from the First Day 10:00 AM – Oath of Pro-tem Speaker: President Droupadi Murmu administered the oath to Bhartruhari Mahtab, who will serve as the pro-tem speaker. Following the oath, Mahtab will convene the Lok Sabha session at 11…
Florida Family Seeks Compensation from NASA After Space Debris Damages Home
A family in Naples is seeking $80,000 in compensation from NASA after a piece of space debris struck their home, causing significant damage. The incident, which occurred on March 8, 2024, involved a metallic cylinder from a cargo pallet released by the International Space Station in 2021. The debris, weighing 1.6 pounds and measuring about 4 by 1.6 inches, punched a hole through the roof and floor of the Otero family’s home. The Incident and Immediate Aftermath Alejandro Otero, the homeowner, was on vacation when his son, Daniel, called to…
Team India Aims for a Hat-Trick of Wins Against Australia in T20 World Cup
Team India is poised to secure their third consecutive victory in the T20 World Cup as they face Australia in their final Super Eight match on Monday. A win for India will not only cement their position as group leaders and ensure a semifinal berth, but it will also deal a severe blow to Australia’s chances of advancing, especially after their shocking loss to Afghanistan in Saint Vincent on Saturday night. India’s Momentum and Key Players India’s campaign has been marked by strong performances, and they aim to continue this…
England Storm into T20 World Cup Semifinals with Dominant Win Over USA
England’s defense of their T20 World Cup title gained significant momentum as they stormed into the semifinals with a comprehensive 10-wicket victory over the USA. The match, held in Barbados, saw standout performances from Chris Jordan and Jos Buttler, propelling England to a dominant win. Chris Jordan’s Historic Hat-Trick Chris Jordan was the star of the show, claiming England’s first-ever T20I hat-trick. The Barbados-born pacer delighted the local crowd, which included his family and friends, with his exceptional performance. Jordan’s four-wicket haul was instrumental in restricting the USA to a…