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GST Council cuts tax on COVID-19 medicines, gear
Lucknow. The GST Council on Saturday slashed the tax charge on COVID-19 medicines akin to Remdesivir and gear like oxygen concentrators and medical grade oxygen. While GST on Tocilizumab and Amphotericin B is slashed to nil from 5 per cent,…
Google workforce makes use of AI to create next-gen chips sooner than people
As the world faces acute semiconductor or chip shortage, a group of Google researchers is engaged on to design next-generation artificial-intelligence (AI) chips, and has created an AI model that permits chip design to be carried out by …
UN: India desires ‘normal neighbourly’ relations with Pakistan, says issues must be…
New York , June 12 India on Friday said it desires "normal neighbourly relations" with Pakistan and the onus is on Islamabad to create a conducive atmosphere by taking "credible, verifiable" action to not allow any territory under its…
PM Modi to attend outreach sessions of G7 summit today
New Delhi , June 12 Prime Minister Narendra Modi will be participating in the outreach sessions of the UK-hosted G7 virtual summit in Cornwall in the United Kingdom.
As per officials, Prime Minister Modi will take part in G7 outreach…
Mahindras appoint Pratap Bose to lead its new Global Design Organization
Kolkata, Jun 11 (UNI) The Mahindra Group today announced the appointment of Pratap Bose
as the Executive Vice President and Chief Design Officer to lead its newly formed Global
Design organization.
The new Global Design organization…
ED issues show cause notice to Crypto-currency exchange, directors under FEMA
New Delhi, Jun 11 (UNI) Directorate of Enforcement (ED) on Friday said that it has issued a show cause notice to Crypto-Currency Exchange Zanmai Labs Pvt Ltd (WazirX) and its Directors Nischal Shetty and Sameer Hanuman Mhatre under…
G7 expected to provide 1 billion COVID-19 vaccine doses to the world: UK
London , June 11 The Group of Seven (G7) leaders are expected to announce that they will provide at least 1 billion coronavirus vaccine doses to the world through dose sharing and financing, the United Kingdom announced.
The UK, which…
UK announces to donate 100 million surplus COVID-19 vaccine to the world
London , June 11: The UK will donate 100 million surplus coronavirus vaccine doses to the world within the next year, British Prime Minister Boris Johnson announced on Friday.
The pledge comes ahead of the G7 Summit, which begins in…
European companies concerned over China’s anti-sanctions law
Beijing , June 10 European companies have expressed discontent over a new Chinese anti-sanctions law, saying they are alarmed by the lack of transparency in the process.
The law is expected to pass on Thursday at the closing session…
FB to show creators how much money they pay to Apple, Google
San Francisco: As Apple presented its flagship WWDC21 developer conference, Facebook CEO Mark Zuckerberg announced that the social network will show creators how much money Apple and Google are actually taking from them via their respective…
US FDA okays first new Alzheimer’s drug in nearly 2 decades
Washington , June 8 : The United States Food and Drug Administration (FDA) has approved a new drug for Alzheimer's, the first new medicine against the disease in almost two decades.
"The US Food and Drug Administration on Monday…
Florida Governor Ron DeSantis signs two bills to prevent China from stealing intellectual property
Florida , June 9 : Accusing China of waging a campaign to steal Florida secrets, Ron DeSantis, Governor of the US state, signed two bills that seek to tackle espionage and prevent foreign adversaries from stealing intellectual property.…
BeAM to create Farmers’ Market in Maharashtra with Premier Farmer Entities
Kolkata, Jun 8 (UNI) BSE E Agricultural Markets (BeAM) today signed a Memorandum of Understanding (MoU) with Haridra Lakshmi to enhance the income of smallholder farmers (SHF) in Maharashtra.
The MoU aims to bring the benefit of globally…
US Billionaires pay a fraction of their earnings each year, as taxes
Washington, June 8 (Sputnik) White House spokeswoman Jen Psaki said on Tuesday that the media leak of wealthiest Americans’ tax returns was illegal and is under investigation.
ProPublica, a self-described nonprofit newsroom that…
Amazon founder Jeff Bezos to fly to space next month
Washington , June 8 (ANI): Amazon founder Jeff Bezos on Monday announced that he will be flying to space on the first crewed flight of the New Shepard, the rocket ship made by his space company, Blue Origin next month.
The information…
US imposes visa restrictions on individuals undermining peace in Cameroon’s Anglophone regions
Washington , June 8 The US on Monday (local time) imposed visa restrictions on individuals undermining the peaceful resolution of the crisis in the Anglophone regions of Cameroon.
"I am establishing a policy imposing visa restrictions…
New online tax payment system, mobile app to be launched later
NEW DELHI: The CBDT on Saturday said a proposed new online tax payment system and a mobile app on its soon-to-be launched advanced e-filing website will be activated on June 18 even as the portal will go live on Monday.
The new e-filing…
Paytm narrows losses by 42 per cent to Rs 1,701 crore in FY21
BENGALURU: One97 Communications Ltd., the parent company of Paytm, reported another year of loss in FY21 even though the quantum was lower than in the previous year.
The IPO-bound company has managed to trim its losses by 42 per cent to…
Omani delegation arrives in Yemen capital over UN-proposed ceasefire
Sanaa, June 6 Yemen's Houthi rebels said an official delegation from Oman arrived in capital Sanaa to discuss a UN-brokered ceasefire and humanitarian arrangements.
"The Omani delegation will discuss the arrangements of a cease-fire and…
G-7 agrees on at least 15 pc int’l common minimum corporate tax rate
London, Jun 5 (UNI) Finance ministers from the Group of Seven industrialized nations agreed on Saturday on a global minimum corporate tax rate of 15 per cent proposed by, the United States.
The decision at the first in-person G-7…
