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Govt announces extension of GST compensation cess levy till March 2026

Govt announces extension of GST compensation cess levy till March 2026

The government has extended the time for levy of GST compensation cess by nearly 4 years till March 31, 2026.

As per the Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022, notified by the finance ministry, the compensation cess will continue to be levied from July 1, 2022 to March 31, 2026.

Over 121 mn unutilized Covid vaccine doses still available with states, UTs

Over 121 mn unutilized Covid vaccine doses still available with states, UTs

Over 12.14 crore balance and unutilized COVID-19 vaccine doses are still available with the States and UTs to be administered, informed the Ministry of Health and Family Welfare on Saturday.

The ministry further informed that 1,93,53,58,865 vaccine doses have been provided to States and UTs so far through free of cost channel and through the direct state procurement category

Assam floods: Slight improvement witnessed; over 3.3 mn still affected

Assam floods: Slight improvement witnessed; over 3.3 mn still affected

The overall flood situation in Assam has improved but over 33.03 lakh people in 28 districts continue to remain affected due to the natural calamity in the state, the Assam State Disaster Management Authority (ASDMA) informed on Saturday.

According to ASDMA, a total of 117 people have lost their lives so far in the flood and landslides in the state this year; of which 100 people died in flood alone, while the remaining 17 died due to landslides.

India reports 15,940 new Covid-19 infections, 20 deaths in last 24 hours

India reports 15,940 new Covid-19 infections, 20 deaths in last 24 hours

India's tally of Covid infections rose by 15,940 in a day to reach 4,33,78,234 while the active caseload increased to 91,779, according to the Union Health Ministry data updated on Saturday.

The death toll climbed to 5,24,974 with 20 more fatalities, the data updated at 8 am stated.

Maharashtra crisis: Shinde calls meeting of rebel MLAs to discuss strategy

Maharashtra crisis: Shinde calls meeting of rebel MLAs to discuss strategy

Rebel Shiv Sena leader Eknath Shinde has called a meeting at Radisson Blu Hotel in Guwahati on Saturday afternoon to discuss further strategy, said sources.

The political crisis in Maha Vikas Aghadi (MVA) government in Maharashtra erupted after the party legislators joined a rebellion led by Eknath Shinde who is staying at a hotel in Guwahati. The rebel MLAs who are at the same hotel authorised Shinde to decide on a further course of action.

Government orders probe into Tata Nexon EV fire incident in Mumbai

Government orders probe into Tata Nexon EV fire incident in Mumbai

The government has ordered a probe into Tata Motors' Nexon EV fire incident in Mumbai, as the company was investigating the "isolated thermal incident".

The Defence Research and Development Organisation (DRDO), which was earlier tasked with investigating electric two-wheeler fire incidents by the Union Road Transport and Highways Ministry, would lead the probe into Nexon EV fire too.

Gold up by Rs 230, trading at Rs 51,990 per 10 gm; silver down by Rs 300

Gold up by Rs 230, trading at Rs 51,990 per 10 gm; silver down by Rs 300

Gold became dearer in Friday's early trade, as the yellow metal's price increased by Rs 230 from the previous day's rate with 10 gram of 24-carat gold selling at Rs 51,990. Meanwhile, 10 gram of 22-carat gold, after a decrease of Rs 200, is trading at Rs 47,650.

The prices of silver, on the other hand, went down by Rs 300 with the precious metal trading at Rs 60,200 per kg.

India's GSAT-24 satellite launched, entire capacity leased to Tata Play

India's GSAT-24 satellite launched, entire capacity leased to Tata Play

NewSpace India Limited (NSIL) launched GSAT-24 in its first "demand-driven" communication satellite mission post space sector reforms, leasing the entire capacity on board to Direct-to-Home (DTH) service provider Tata Play.

Built by Indian Space Research Organisation for NSIL, the satellite was successfully placed into geostationary orbit by the Ariane 5 rocket, operated by French company Arianespace, from Kourou in French Guiana (South America) on Thursday.

PM Modi meets Foxconn chief, hails manufacturing plans for India

PM Modi meets Foxconn chief, hails manufacturing plans for India

Prime Minister Narendra Modi on Thursday met Taiwan-based manufacturing giant Foxconn's Chairman Young Liu and hailed the company's electronics manufacturing plans in the country.

"Glad to meet Mr. Young Liu, Chairman, Foxconn. I welcome their plans for expanding electronics manufacturing capacity in India, including in semiconductors," Modi said in a tweet.

Flipkart to focus on decarbonisation, commits to net zero emission by 2040

Flipkart to focus on decarbonisation, commits to net zero emission by 2040

E-commerce major Flipkart Group has committed to achieving net-zero carbon emissions target in its own operations by 2030 and the larger value chain by 2040, according to a statement.

As part of this pledge, the Flipkart Group would take measures in its own operations to reduce 100 per cent emissions by 2030 by increasing energy efficiency at its corporate office, and supply chain facilities and powering its energy needs through renewable sources, such as solar.

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