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Here is a masonry blog layout with no sidebarUkraine urgently needs war risk insurance for rebuilding its economy – Finance minister
“Without international support, without war-risk insurance, we will not attract as much investment as we need for reconstruction,” Finance Minister Serhiy Marchenko told Bloomberg Television on Friday. “We need investment right now — we don’t need to wait until the...
All GST registered businesses will now have to geocode their addresses: GSTN
"GSTN has successfully geocoded more than 1.8 crore addresses of principal places of business. Furthermore, all new addresses post-March 2022 are geocoded at the time of registration itself, ensuring the accuracy and standardization of address data from the outset,"...
China to end Ant Group’s regulatory revamp with fine of at least $1.1 bln-sources
Jack Ma,founder, Ant Group The penalty, which would be one of the largest ever fines for an internet company in the country, will help pave the way for the fintech firm to secure a financial holding company license, seek growth, and eventually, revive its plans for a...
Odisha EOW detects ‘rarest’ QR code manipulation scam of Rs 14 crore; interrogation suggests Chinese link
"On verification of the UPI logs, it came to light that Karan Singh and Lallu Singh allegedly manipulated the QR Codes generated by the complainant company and embezzled the extra credit of Rs 14.33 crore," said Inspector General of EOW JN Pankaj Bhubaneswar: The...
GST Council likely to exempt IGST on cancer drug import, Multi Utility Vehicles to be taxed at a higher rate
With regard to rates, the fitment committee has recommended to the Council to define Multi Utility Vehicles (MUV) or multipurpose vehicles or crossover utility vehicles (XUVs) at par with the Sports Utility Vehicles (SUVs) for levy of a 22 per cent compensation cess...
Rare brain infection caused by free-living amoebae reported in Kerala, says govt release
Doctors said the human brain gets infected when the free-living, non-parasitic amoebae bacteria enter the body through the nose Alappuzha: A case of a rare brain infection caused by a free-living amoebae living in contaminated waters was reported in the coastal...
ChatGPT-maker OpenAI says it is doubling down on preventing AI from ‘going rogue’
"The vast power of superintelligence could … lead to the disempowerment of humanity or even human extinction," OpenAI co-founder Ilya Sutskever and head of alignment Jan Leike wrote in a blog post "Currently, we don't have a solution for steering or controlling a...
UN climate alliance scraps emissions rules for insurers after exodus
Under the NZIA's “Target-Setting Protocol” published in January, insurance members had until the end of July to publish emissions targets for 2030 using recommended types of targets and were then required to update on their progress annually The Net-Zero Insurance...
General insurance industry’s premium grows 15% to Rs 20,457 cr in June
Twenty multiline private sector general insurers, led by ICICI Lombard General Insurance, have seen their premium soaring by 17 per cent y-o-y to Rs 10,776 crore in June while during Q1FY2023-24, it has surged by 21 per cent y-o-y to Rs 34,212 crore Four public sector...
Per plate food cost in India inched up in past two months: Crisil report
The per plate cost of veg and non-veg thali in India, which has been on a decline since October 2022, nosed up in May and June 2023, according to Crisil Market Intelligence and Analytics report. Crisil's monthly indicator of food plate cost said that soaring tomato,...
Sensex, Nifty end at new record closing highs on unabated foreign fund inflows
"Foreign investors continue to provide unwavering support to the domestic market, helping to sustain the ongoing rally despite weak global cues. Global markets are displaying a negative trend, influenced by hawkish Federal Open Market Committee (FOMC) minutes and...
New WHO guideline on policies to protect children from harmful impact of food marketing
Food marketing remains a threat to public health and continues to negatively affect children’s food choices, intended choices and their dietary intake. It also negatively influences the development of children’s norms about food consumption. All of these guidelines...
Google accuses India antitrust body of protecting Amazon in Android probe
In the CCI's October order, which also fined Google $163 million, the company was asked to allow modified versions of its Android operating system, called Android forks, to be liberally distributed without any licensing restrictions such as those related to...
Domestic automobile retail sales rise 10% in June: FADA
Total retail sales last month rose to 18,63,868 units from 17,01,105 units in the year-ago period. New Delhi: Domestic automobile retail sales rose 10 per cent in June driven by sales growth across various segments, including passenger vehicles and two-wheelers,...