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Venezuela’s Acting President visits SSSIHL, lauds value-based education model

Delcy Rodríguez praises the institute’s integration of human values with higher education and expresses interest in its research initiatives

Lokesh urges Giredmet Institute to set up rare earth processing facilities in Andhra Pradesh

The IT Minister meets representatives of the leading Russian organisation and highlights the opportunities available in Srikakulam, Visakhapatnam and Nellore districts of the State; he also visits the largest atomic energy museum in Moscow

Chikkamagaluru DC visits hill stations, gives instructions to officers to install CCTV

Saved by the barrel: Why crude hasn't hit the $200 mark

Despite fears of $200 oil following Strait of Hormuz disruptions, prices remain below $100. This resilience is attributed to increased US exports, weaker Chinese demand, and alternative supply routes. While some shipping through the strait continues, overall transits are down. Emergency measures and subdued demand have averted the worst-case scenario, but market stability hinges on temporary solutions.

'5 buildings, 13 plots, mountain of cash': Rs 6k-salaried govt engineer's empire under scanner

Odisha Vigilance has unearthed assets worth crores, including over Rs 2.4 crore in cash, from an assistant executive engineer, Baikuntha Nath Behera. Raids across multiple locations revealed five high-rise buildings, 13 plots, gold ornaments, and significant bank deposits. The investigation into disproportionate assets is ongoing.

₹2 crore cash, 14 plots, 341 gm gold: Odisha Vigilance department unearths govt engineer's assets

The department said that they are verifying the weight and value of the gold, bank deposits, postal savings and other financial investments done by the accused.

Mamata's nephew Abhishek visits Delhi amid fears of TMC Bengal revolt spreading to Parliament

While Mamata and Abhishek were earlier scheduled to travel to Delhi at the same time, the latter reached the Capital a day earlier.

A.P. IT Minister Lokesh visits ‘School 21’ in Moscow

An initiative launched by Sberbank, the school does not charge students any tuition fee; he also visits SberCity and learns about its research, innovation and technological ecosystem

Allocation of portfolios to West Bengal Ministers deferred: CM Suvendu visits Delhi

Thirty-five ministers, including thirteen with cabinet rank, were administered the oath on June 1. They are awaiting the allocation of their portfolios

UNSC membership huge responsibility, not forum for peddling biased, false narratives: India slams Pakistan

Pakistan, which constantly raises the issue of Jammu and Kashmir as well as other topics internal to India at various UN platforms, currently sits in the Security Council as a non-permanent member and its tenure will end this year

From tax waivers to free hedges, RBI & govt join hands to boost Rupee

Government and RBI have launched new measures to attract foreign investment in bonds and bank deposits. These initiatives aim to boost inflows by easing regulations and offering currency protection. The rupee strengthened significantly following the announcements, with potential for substantial retail deposit growth. Tax exemptions for foreign investors on government securities are also in place.

Tamil Nadu Governor visits Auroville, distributes ID cards to residents

NSDC vice president visits MITS

PM Modi visits L&T's Hazira facility in Gujarat's Surat, reviews its projects

PM Modi visited the AM Naik Heavy Engineering Complex, L&T's state-of-the-art manufacturing facility, and was shown around the facility by the company officials

Physiotherapist's 3:50 am wake-up, patient visits and UPSC study routine leaves internet stunned

A physiotherapist's rigorous daily schedule, starting at 3:50 am to balance UPSC exam preparation, patient care, and household duties, has captivated social media. Her dedication to a demanding routine, documented in a viral video, has inspired many, while others express awe and concern about her ability to sustain such intensity.

Woman Beats Husband To Death, Sits By The Body For 8 Hours, Goes To Police

Neelam Kushwaha beat her husband to death with a stick.

Lalit Modi makes 8 bombshell claims: On Dawood, PM Modi, IPL and more

Lalit Modi claims Dawood's network targeted him, attacks Rahul Gandhi, revisits IPL controversies and speaks on PM Modi in a wide-ranging interview.

Pakistan 'unreliable' mediator: Israeli envoy

Israeli Ambassador to India Reuven Azar has raised doubts over Pakistan's potential role as a regional mediator, warning India that the Middle East conflict serves as a "preview" of radical tactics that could soon impact its own neighbourhood.In an interview with PTI Videos, he rejected the notion that Pakistan possesses the credibility to act as a mediator in regional negotiations.Labelling the country unreliable, Azar characterized Pakistan as a "problematic player" whose involvement requires the US to exercise "special caution" to avoid potential traps."I don't think they are reliable," he said about Pakistan's mediation role.He added that when mediators lean towards a "terrorist entity" or "legitimize radicalism", it becomes "very tricky because the United States has to exercise special caution not to fall into traps set not only by the opposing side but also by the mediator".The envoy further alleged an increasing connection between radical elements and the region, noting a rise in visits by Hamas leaders to both Pakistan and Bangladesh over the last two years.Turning to the India angle, Azar claimed that because Israel is the most attacked country in the world, the threats it faces often serve as a "preview to a movie coming to a theatre in your neighbourhood".He specifically alleged that radical groups are drawing twisted inspiration from the October 7 attacks and warned that the methodologies of hybrid warfare, including using human shields and manipulating media, are likely to be emulated elsewhere.While commenting on Israel's policy of mandatory military service, Azar refrained from suggesting India adopt similar models.He observed that India is "blessed" with a large territory and population, expressing confidence that the Indian government is making the "right decisions" regarding its own recruitment and defence needs.He, however, noted the "positive aspect of conscription" in maturing young citizens and instilling a sense of responsibility."It doesn't mean that one size fits all. Each country has to find its own way." PTI SHJ ZMN

Indian envoy visits mortuary, injured nationals after Kuwait airport attack kills compatriot

The ambassador also met Brigadier Abdulrahim Al-Awadhi, General Manager of the General Department of Criminal Evidence, and conveyed appreciation for the "prompt and sensitive support" extended by the Kuwaiti authorities

GST ruling may cast wider tax net over casinos

The recent Supreme Court (SC) judgment on online gaming and betting is expected to have wider implications across gambling, horse racing, and casinos, experts feel. The court clarified that the GST valuation framework is not confined to any one segment but applies across betting and gambling activities.The ruling makes it clear that the tax framework cannot be read narrowly. “Rule 31A… applies broadly to all betting, gambling and horse racing… Limiting its applicability only to horse racing would render parts of the rule otiose,” a PwC India note on the SC ruling said.Nitin Vijaivergia, partner at Pricewaterhouse & Co LLP, said the judgment upholds the imposition of the top GST slab on online gaming platforms, triggering significant retrospective tax exposure. The court’s reasoning also centres on how such transactions are structured. It has been clarified that in betting and gambling, valuation can be based on the full amount staked and not merely on a narrower measure.“Section 15(1)… permits valuation based on the entire stake,” and “merely because a different method of valuation… may also have been possible, it does not render the Rule unconstitutional,” the note added.For online gaming and casinos, the judgment clarifies when tax liability arises. The court held that the taxable event is triggered when players commit funds to participate in games with uncertain outcomes and no longer retain control over those funds.This also alters the treatment of player funds. The ruling notes that once amounts are committed for participation, “such arrangements cannot be considered deposits or entrustments,” and “the entire staked amount is treated as consideration for the supply.”In the case of casinos, the position is very clear. The court held that tax would be levied on each instance of staking money on an uncertain outcome, and not on the operator’s net earnings or gross gaming revenue.“The mention of staking money on ‘uncertain future outcomes’ may have broader implications for promotional and skill contests with deterministic scoring, and similar other formats. Key operational elements such as wallet architecture, re-deposits, and cashback will be crucial to determine tax demands, especially considering amendments to GST Rules 31 and 31B affecting valuation,” Vijaivergia said.Tax experts say that, broadly, the GST law will now apply where money or money’s worth is staked on uncertain outcomes, and such amounts are treated as consideration for the supply.