Month: June 2023
gst: In a relief to contractors, Karnataka HC asks govt bodies to bear differential GST burden
The Karnataka High Court has ruled that contractors, whose projects fell between the VAT and GST regimes, need pay the applicable tax rate prevalent during…
rahul yadav: InfoEdge initiates forensic audit into Rahul Yadav’s proptech startup 4B Networks
Consumer internet group InfoEdge has initiated a forensic audit into its portfolio company 4B Networks – founded by Housing.com‘s Rahul Yadav – for not disclosing…
Putin overshadows BRICS talks as South Africa mulls arrest warrant options
CAPE TOWN: A meeting of foreign ministers from the BRICS countries in South Africa on Thursday was overshadowed by questions about whether Russian President Vladimir…
Moldova: Zelenskyy presses NATO, EU case at Moldova summit close to Ukraine’s border
BULBOACA: President Volodymyr Zelenskyy pressed his case for Ukraine to be part of the NATO military alliance as he joined European leaders on Thursday in…
President of Pakistan ex-PM Imran Khan’s party arrested in Lahore
ISLAMABAD: The president of former Pakistani prime minister Imran Khan‘s party was arrested in the eastern city of Lahore on Thursday, local channel Geo News…
Singapore: 12,000 Hindu devotees attend consecration ceremony of Singapore’s oldest Hindu temple
SINGAPORE: Around 12,000 Hindu devotees on Thursday attended a consecration ceremony of one of Singapore‘s oldest Hindu temples, the Sri Thendayuthapani temple, which the government…
janus henderson: Global asset manager Janus Henderson cuts PharmEasy valuation further to $2.7 billion
Global asset management company Janus Henderson has further marked down the valuation of its stake in Mumbai-based online pharmacy PharmEasy’s parent company API Holdings, regulatory…
Imf: Pakistan interested in another loan from IMF to revive economy: Report
ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif has expressed interest in securing a new loan from the IMF during his talks with its chief Kristalina Georgieva…
Pakistan: Pakistan inflation rockets to record 37.97 percent
ISLAMABAD: Pakistan‘s year-on-year inflation hit a record 37.97 percent in May, official data revealed Thursday, with the nation on the brink of economic collapse and…
Russia’s Rupee trap is adding to $147 billion hoard abroad
A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in rupee assets that remain stranded outside the…