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Coromandel International Ltd. has won an appeal to quash an order to recover Rs 589.2 crore, including penalty and interest, from the company. The original order, filed by the additional commissioner of central tax from the Visakhapatnam Central GST Commissionerate, was contested successfully by the company. The Office of the Commissioner (Appeals), Central Tax and Customs, Guntur, ruled in Coromandel's favor on January 20, 2025.
In a related matter, the fertilizer manufacturer
Coromandel International Ltd. has won an appeal to quash an order to recover Rs 589.2 crore, including penalty and interest, from the company. The original order, filed by the additional commissioner of central tax from the Visakhapatnam Central GST Commissionerate, was contested successfully by the company. The Office of the Commissioner (Appeals), Central Tax and Customs, Guntur, ruled in Coromandel's favor on January 20, 2025.
In a related matter, the fertilizer manufacturer
Filmmaker Ram Gopal Varma, known for his iconic films like Satya, has been sentenced to three months of imprisonment by the Andheri Magistrate Court in Mumbai. The sentence is related to a cheque bounce case that has been ongoing for the last seven years. The case involves a sum of Rs 2 lakh 38 thousand, stemming from a transaction with Varma’s ex-employee.
The court, after hearing the case for several years, issued a non-bailable warrant against the director on Tuesd
Filmmaker Ram Gopal Varma, known for his iconic films like Satya, has been sentenced to three months of imprisonment by the Andheri Magistrate Court in Mumbai. The sentence is related to a cheque bounce case that has been ongoing for the last seven years. The case involves a sum of Rs 2 lakh 38 thousand, stemming from a transaction with Varma’s ex-employee.
The court, after hearing the case for several years, issued a non-bailable warrant against the director on Tuesd
A British woman in Birmingham was left contemplating suicide after being deceived by a close friend of twenty years, Sumaiya Khurram, who catfished her online and drained her life savings of £92,300 (Rs 98.5 lakh). Khurram, 33, posed as a "pretty boy" on WhatsApp, claiming to be in love with the victim and asked for money to pay for cancer treatment at a private clinic.
The fraud occurred between 2015 and 2017 when Khurram introduced the victim to someone named Etesh
A British woman in Birmingham was left contemplating suicide after being deceived by a close friend of twenty years, Sumaiya Khurram, who catfished her online and drained her life savings of £92,300 (Rs 98.5 lakh). Khurram, 33, posed as a "pretty boy" on WhatsApp, claiming to be in love with the victim and asked for money to pay for cancer treatment at a private clinic.
The fraud occurred between 2015 and 2017 when Khurram introduced the victim to someone named Etesh
The U.S. decision to withdraw from the Organisation for Economic Co-operation and Development’s (OECD) global tax deal, led by President Trump in his second term, could lead to significant shifts in the global tax landscape. However, according to tax expert Rakesh Nangia, India's tax policy will not be heavily impacted by this move. India had taken a more cautious approach toward implementing the Global Anti-Base Erosion (GloBE) rules and had not introduced substantial changes to it
The U.S. decision to withdraw from the Organisation for Economic Co-operation and Development’s (OECD) global tax deal, led by President Trump in his second term, could lead to significant shifts in the global tax landscape. However, according to tax expert Rakesh Nangia, India's tax policy will not be heavily impacted by this move. India had taken a more cautious approach toward implementing the Global Anti-Base Erosion (GloBE) rules and had not introduced substantial changes to it
Trump’s National Energy Emergency Declaration
President-elect Donald Trump is set to sign an executive order declaring a national energy emergency to promote affordable and reliable energy in the U.S. Aiming to lower costs and boost domestic production, the measure would focus on removing regulations and promoting energy independence.
Focus on Alaska’s Natural Resources
Trump will also sign an executive order targeting Alas
Trump’s National Energy Emergency Declaration
President-elect Donald Trump is set to sign an executive order declaring a national energy emergency to promote affordable and reliable energy in the U.S. Aiming to lower costs and boost domestic production, the measure would focus on removing regulations and promoting energy independence.
Focus on Alaska’s Natural Resources
Trump will also sign an executive order targeting Alas
Following the Indian cricket team’s defeat in the Test series against Australia, the BCCI (Board of Control for Cricket in India) has introduced a new guidelines aimed at promoting discipline, team cohesion, and reducing the influence of 'star culture' within the team. These rules come after consultation with head coach Gautam Gambhir and are designed to ensure a more unif
Following the Indian cricket team’s defeat in the Test series against Australia, the BCCI (Board of Control for Cricket in India) has introduced a new guidelines aimed at promoting discipline, team cohesion, and reducing the influence of 'star culture' within the team. These rules come after consultation with head coach Gautam Gambhir and are designed to ensure a more unif
On Friday, a Pakistani court convicted former Prime Minister Imran Khan and his wife Bushra Bibi in a landmark corruption case related to their welfare foundation, the Al-Qadir Trust. Khan received a sentence of 14 years in prison, while his wife was handed a 7-year sentence. This verdict marks another chapter in Khan's ongoing legal and political battles since his ousting from office in 2022.
T
On Friday, a Pakistani court convicted former Prime Minister Imran Khan and his wife Bushra Bibi in a landmark corruption case related to their welfare foundation, the Al-Qadir Trust. Khan received a sentence of 14 years in prison, while his wife was handed a 7-year sentence. This verdict marks another chapter in Khan's ongoing legal and political battles since his ousting from office in 2022.
T
Telugu Desam Party (TDP) has made a remarkable achievement by registering over 1 crore members, a first in the party's history. The ongoing membership drive, which has seen a surge in registrations, has reached an impressive milestone of 1,00,20,065 members, with notable participation from both Andhra Pradesh and Telangana.
The drive gained momentum under the leadership of Nara Lokesh, who introduced an insurance policy offering a Rs 5 lakh coverage, adding significant value for
Telugu Desam Party (TDP) has made a remarkable achievement by registering over 1 crore members, a first in the party's history. The ongoing membership drive, which has seen a surge in registrations, has reached an impressive milestone of 1,00,20,065 members, with notable participation from both Andhra Pradesh and Telangana.
The drive gained momentum under the leadership of Nara Lokesh, who introduced an insurance policy offering a Rs 5 lakh coverage, adding significant value for
The ongoing battle between the Enforcement Directorate (ED) and Arvind Kejriwal, the chief of the Aam Aadmi Party (AAP), took a significant turn today with the Ministry of Home Affairs giving its nod for the prosecution of Kejriwal. This decision is connected to the ongoing money laundering case linked to the controversial Delhi excise policy.
Earlier, Delhi's Lieutenant Governor, VK Saxena, had already granted permission for the prosecution of the former Delhi Chief Minister. T
The ongoing battle between the Enforcement Directorate (ED) and Arvind Kejriwal, the chief of the Aam Aadmi Party (AAP), took a significant turn today with the Ministry of Home Affairs giving its nod for the prosecution of Kejriwal. This decision is connected to the ongoing money laundering case linked to the controversial Delhi excise policy.
Earlier, Delhi's Lieutenant Governor, VK Saxena, had already granted permission for the prosecution of the former Delhi Chief Minister. T
US Secretary of State Antony Blinken addressed the controversial comments made by President-elect Donald Trump regarding the potential US acquisition of Greenland, stating that such an action is not realistic and urging the world not to waste time discussing it. Speaking in Paris during his farewell tour, Blinken stressed that the Biden administration's foreign policy focuses on maintaining strong alliances, with the belief that the US is more effective when working alongside its allies.
US Secretary of State Antony Blinken addressed the controversial comments made by President-elect Donald Trump regarding the potential US acquisition of Greenland, stating that such an action is not realistic and urging the world not to waste time discussing it. Speaking in Paris during his farewell tour, Blinken stressed that the Biden administration's foreign policy focuses on maintaining strong alliances, with the belief that the US is more effective when working alongside its allies.
The Supreme Court of India on Friday emphasized the need for an effective mechanism to combat caste-based discrimination in educational institutions across the country. The bench, consisting of Justices Surya Kant and Ujjal Bhuyan, addressed the sensitive issue and directed the University Grants Commission (UGC) to notify draft regulations to ensure that caste-based discrimination is prevented in central, state, private, and deemed universities.
The Court specifically asked the UGC
The Supreme Court of India on Friday emphasized the need for an effective mechanism to combat caste-based discrimination in educational institutions across the country. The bench, consisting of Justices Surya Kant and Ujjal Bhuyan, addressed the sensitive issue and directed the University Grants Commission (UGC) to notify draft regulations to ensure that caste-based discrimination is prevented in central, state, private, and deemed universities.
The Court specifically asked the UGC
India's government is investigating rising steel imports, particularly in two categories of flat-rolled steel products (HS 7208 and 7210), which account for over 75% of the surge in imports. Instead of implementing global safeguards, experts suggest that India should focus on Free Trade Agreement (FTA)-specific safeguards and measures targeting China. Many imports come duty-free under FTAs with coun
India's government is investigating rising steel imports, particularly in two categories of flat-rolled steel products (HS 7208 and 7210), which account for over 75% of the surge in imports. Instead of implementing global safeguards, experts suggest that India should focus on Free Trade Agreement (FTA)-specific safeguards and measures targeting China. Many imports come duty-free under FTAs with coun
The year 2024 was dramatic for the US, with President Joe Biden abandoning his reelection bid after a poor performance in a debate against Donald Trump. Trump, who had been absent from the White House for four years, made a triumphant return after defeating Kamala Harris in the presidential race. His comeback marks the first time since Grover Cleveland that a president has been evicted from the White House and returned four years later.
While the Biden administration exits, the Indi
The year 2024 was dramatic for the US, with President Joe Biden abandoning his reelection bid after a poor performance in a debate against Donald Trump. Trump, who had been absent from the White House for four years, made a triumphant return after defeating Kamala Harris in the presidential race. His comeback marks the first time since Grover Cleveland that a president has been evicted from the White House and returned four years later.
While the Biden administration exits, the Indi
Tesla CEO Elon Musk recently responded to a discussion about foreign-born tech workers in the U.S., defending their contribution to the industry. The conversation began when Amjad Masad, CEO of Replit, questioned whether foreign workers were truly displacing qualified Americans in the tech sector. Masad pointed out the large number of unfilled tech jobs, expressing skepticism about claims that foreign workers were taking opportunities from native-born Americans.
Musk, who is origina
Tesla CEO Elon Musk recently responded to a discussion about foreign-born tech workers in the U.S., defending their contribution to the industry. The conversation began when Amjad Masad, CEO of Replit, questioned whether foreign workers were truly displacing qualified Americans in the tech sector. Masad pointed out the large number of unfilled tech jobs, expressing skepticism about claims that foreign workers were taking opportunities from native-born Americans.
Musk, who is origina
As India prepares for the Union Budget of 2025-26, the finance ministry has highlighted the need for flexibility in fiscal policy, given the ongoing global economic and geopolitical challenges. While the fiscal deficit for FY26 is expected to be below 4.5% of GDP, there are concerns over the ability to accurately project receipts and expenditures in the current uncertain environment. The global situation has worsened, with escalating conflicts, further complicating fiscal planning.
As India prepares for the Union Budget of 2025-26, the finance ministry has highlighted the need for flexibility in fiscal policy, given the ongoing global economic and geopolitical challenges. While the fiscal deficit for FY26 is expected to be below 4.5% of GDP, there are concerns over the ability to accurately project receipts and expenditures in the current uncertain environment. The global situation has worsened, with escalating conflicts, further complicating fiscal planning.
In a significant change to school education, the Centre has scrapped the 'no-detention policy' for classes 5 and 8 in schools under its control. This means that students who fail the year-end exams will no longer automatically be promoted. Instead, they will have the chance to retake the exam after additional coaching within two months of the results. If they still fail, they will be held back in the same grade.
This move follows amendments to the Right to Education Act (RTE
In a significant change to school education, the Centre has scrapped the 'no-detention policy' for classes 5 and 8 in schools under its control. This means that students who fail the year-end exams will no longer automatically be promoted. Instead, they will have the chance to retake the exam after additional coaching within two months of the results. If they still fail, they will be held back in the same grade.
This move follows amendments to the Right to Education Act (RTE
On Sunday, US President-elect Donald Trump announced the appointment of Sriram Krishnan, an Indian American entrepreneur, venture capitalist, and author, as the Senior White House Policy Advisor on Artificial Intelligence (AI). Krishnan, who has held leadership roles at major tech companies such as Microsoft, Twitter, Yahoo!, Facebook, and Snap, will work alongside David O. Sacks, who will serve as the White House AI & Crypto Czar.
Krishnan's role will involve ensuring that
On Sunday, US President-elect Donald Trump announced the appointment of Sriram Krishnan, an Indian American entrepreneur, venture capitalist, and author, as the Senior White House Policy Advisor on Artificial Intelligence (AI). Krishnan, who has held leadership roles at major tech companies such as Microsoft, Twitter, Yahoo!, Facebook, and Snap, will work alongside David O. Sacks, who will serve as the White House AI & Crypto Czar.
Krishnan's role will involve ensuring that
Google Maps played an unexpected role in solving a year-long murder mystery in Spain. The investigation began in November 2023 after a man went missing in the northern region of Castile and Leon. Authorities arrested two suspects: a woman, the missing man’s partner, and her ex-partner. During their investigation, police raided homes and inspected vehicles but stumbled upon a key lead through "images in a location application."
These images, taken from Google Maps'
Google Maps played an unexpected role in solving a year-long murder mystery in Spain. The investigation began in November 2023 after a man went missing in the northern region of Castile and Leon. Authorities arrested two suspects: a woman, the missing man’s partner, and her ex-partner. During their investigation, police raided homes and inspected vehicles but stumbled upon a key lead through "images in a location application."
These images, taken from Google Maps'
A Chinese court has ruled that Li, a man involved in a complicated breakup, is not required to return a 300,000 Yuan (₹3.2 crore) gift given to him by his ex-girlfriend, Xu. The unusual legal case, which has gained significant attention, centers on the couple's tumultuous relationship. Li and Xu had been in a stable relationship since 2018 until 2020, when Li discovered that Xu had an affair with his nephew. The revelation led to a breakup, but Xu later transferred a large sum of money
A Chinese court has ruled that Li, a man involved in a complicated breakup, is not required to return a 300,000 Yuan (₹3.2 crore) gift given to him by his ex-girlfriend, Xu. The unusual legal case, which has gained significant attention, centers on the couple's tumultuous relationship. Li and Xu had been in a stable relationship since 2018 until 2020, when Li discovered that Xu had an affair with his nephew. The revelation led to a breakup, but Xu later transferred a large sum of money
China, the world's second-largest economy, is working to recover from the effects of its three years of pandemic isolation. In a bid to attract more international visitors and boost its economy, China recently announced an expansion of its visa-free transit policy. The new policy, which is effective immediately, allows travelers from 54 countries, including the US, Canada, and several European and Asian nations, to stay in parts of China for up to 10 days.
Previously, the visa-f
China, the world's second-largest economy, is working to recover from the effects of its three years of pandemic isolation. In a bid to attract more international visitors and boost its economy, China recently announced an expansion of its visa-free transit policy. The new policy, which is effective immediately, allows travelers from 54 countries, including the US, Canada, and several European and Asian nations, to stay in parts of China for up to 10 days.
Previously, the visa-f
