Author: GlobalNewsAdmin

TARGETING to push through next-generation reforms in the Goods and Services Tax regime before Diwali in October, Prime Minister Narendra Modi said Thursday the lower tax burden will be a Diwali gift to the common man, small entrepreneurs and MSMEs.These reforms are expected to boost consumption as the GST rates on goods such as refrigerators, air conditioners and packaged and branded food items like fruit juices, butter, cheese, condensed milk, nuts, dates and sausages, and medical items including medical grade oxygen, gauze, bandages, diagnostic kits are likely to be cut. “This would enhance affordability, boost consumption, and make essential and…

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A Volkswagen ID.4 electric vehicle charges via a fast charger in Torrance, Calif., on February 23, 2024. A federal program to fund fast chargers across the U.S. has been on pause for six months, but the Trump administration is now restarting it. Patrick T. Fallon/AFP via Getty Images hide caption toggle caption Patrick T. Fallon/AFP via Getty Images The Trump administration is reopening a federal program to fund the installation of high-speed EV chargers along freeways nationwide, after a six-month freeze in funds and a legal battle with states. President Trump has repeatedly denounced the multibillion dollar program, called the…

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LaToya Cantrell is accused of ‘defrauding’ the city, paying Jeffrey Vappie as if he were on duty while on trips and trysts.The mayor of New Orleans has been indicted on conspiracy, fraud and obstruction charges by a federal grand jury after a long-running investigation.The charges released on Friday against LaToya Cantrell were based on accusations that she tried to hide a romantic relationship with bodyguard Jeffrey Vappie, who was paid as if on duty while the pair conducted their affair.The indictment states that Cantrell and Vappie “developed a personal and intimate relationship” in 2021, defrauding the city as they attempted…

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Bournemouth fight back from two down but Liverpool secure late win on emotional Anfield night.Liverpool talisman Mo Salah and fellow forward Federico Chiesa struck late goals as the Premier League champions began the defence of their title by beating Bournemouth 4-2 in a thriller on the opening night of the season at Anfield.On a bittersweet Friday evening charged with emotion after the July death of Liverpool forward Diogo Jota, newcomer Hugo Ekitike bagged a goal on his league debut to put the hosts ahead after 37 minutes, and Cody Gakpo doubled the lead in the 49th.But Antoine Semenyo, who was…

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England have announced Jacob Bethell as their captain for their three-match T20I series against Ireland in Dublin next month. The 21-year-old all-rounder is hence the youngest ever captain England have had across formats, a record that has stood for about 136 years.The reason for him being elevated to this position is the absence of regular skipper Harry Brook, who will be captaining England in the ODIs and T20Is they will be hosting against South Africa earlier in the month. The T20I series in Ireland will be played at Malahide in Dublin September 17, 19 and 21. South Africa’s three-match ODI…

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The announcement of a 50% tariff on exports to the U.S. from India has triggered concerns across the tech industry. On paper, it sounds like a direct threat to India’s growing role in smartphone assembly and its emerging semiconductor ambitions, but in reality, the near-term impact is much smaller than headlines suggest. The structure of electronics manufacturing, the nature of global supply chains and India’s unique position in this sector mean that the country’s growth trajectory remains largely intact — at least for now.“The imposition of 50% tariffs structure on India will have distinct impact across electronics exports from India…

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