Author: Deshwale Editorial Desk

India’s largest airline, IndiGo, is facing a tax penalty of ₹115.86 crore imposed by the Goods and Services Tax (GST) authorities for alleged violations related to tax classification and input tax credit (ITC) claims. The penalty, issued by two different GST commissionerates, pertains to services provided during the financial years 2017-18 to 2019-20. Breakdown of the Tax Demand The primary penalty of ₹113.02 crore was levied by the Additional Commissioner of Central Goods & Service Tax, Delhi South Commissionerate. Authorities claim that IndiGo wrongly classified services provided to offshore clients as exports, thereby avoiding GST obligations. Under GST law, exports…

Zomato, India’s leading food delivery platform, has officially rebranded, adopting “Eternal” as its new company name. The decision is part of a broader strategy to redefine the brand and signal its expansion beyond food delivery services. The company has also revealed a fresh logo to reflect this transformation. In addition to the name change, Zomato will update its stock ticker, signalling a shift in the company’s focus and long-term vision. The rebrand comes as Zomato seeks to broaden its services, including the integration of Blinkit, its grocery delivery service, and further exploration of new business verticals. The company’s leadership explained…

India’s leading commodity derivatives exchange, Multi Commodity Exchange (MCX), recorded a total turnover of Rs. 67,144 crore for commodity futures and options contracts on 6 February 2025. Of this, Rs. 11,924 crore came from commodity futures, while Rs. 55,218 crore was generated from options on commodity futures. Bullion Market Performance: Gold and silver futures saw notable activity, with gold futures contributing Rs. 3,496 crore in turnover. The GOLD Apr-25 contract gained by 0.17%, reaching Rs. 84,708 per 10 grams, while other gold variants like GOLDGUINEA and GOLDPETAL also saw slight increases. In contrast, silver futures faced a drop, with the…

કોટન-ખાંડી વાયદામાં રૂ. 400ની નરમાઈઃ મેન્થા તેલ, નેચરલ ગેસમાં સુધારોઃ ક્રૂડ તેલમાં રૂ. 50ની વૃદ્ધિઃ કોમોડિટી વાયદાઓમાં રૂ. 11924.96 કરોડ અને કોમોડિટી ઓપ્શન્સમાં રૂ. 55218.26 કરોડનું ટર્નઓવરઃ સોના-ચાંદીના વાયદાઓમાં રૂ. 8630.28 કરોડનાં કામકાજઃ બુલિયન ઇન્ડેક્સ બુલડેક્સ વાયદો 20220 પોઇન્ટના સ્તરે દેશના અગ્રણી કોમોડિટી ડેરિવેટિવ્ઝ એક્સચેન્જ એમસીએક્સ પર વિવિધ કોમોડિટી વાયદા, ઓપ્શન્સ અને ઇન્ડેક્સ ફ્યુચર્સમાં રૂ. 67144.54 કરોડનું ટર્નઓવર નોંધાયું હતું. કોમોડિટી વાયદાઓમાં રૂ. 11924.96 કરોડનાં કામકાજ થયાં હતાં, જ્યારે કોમોડિટી ઓપ્શન્સમાં રૂ. 55218.26 કરોડનું નેશનલ ટર્નઓવર નોંધાયું હતું. બુલિયન ઇન્ડેક્સ બુલડેક્સ ફેબ્રુઆરી વાયદો 20220 પોઇન્ટના સ્તરે પહોંચ્યો હતો. કોમોડિટી ઓપ્શન્સમાં કુલ પ્રીમિયમ ટર્નઓવર રૂ. 888.08 કરોડનું થયું હતું. કીમતી ધાતુઓમાં…

In a move aimed at improving climber safety and better regulating mountaineering activities, Nepal has banned solo expeditions on all peaks above 8,000 meters, including Mount Everest. The new rule, which requires all climbers to be accompanied by a licensed guide, is part of broader efforts to reduce fatalities, ease rescue operations, and manage the increasing number of adventurers attempting to conquer the world’s highest mountains. Why Is Nepal Banning Solo Climbs? Solo climbing has always been considered the ultimate test of skill, endurance, and self-reliance in mountaineering. However, Nepal’s Department of Tourism argues that the risks involved have become…

Tata Trusts has launched the ‘Gaanth Pe Dhyan’ (‘Focus on the Lump’) campaign to raise awareness about breast cancer. In India, one woman is diagnosed with breast cancer every four minutes. Early detection is key, yet 75% of Indian women avoid screenings, and 60% feel uncomfortable discussing breast cancer. As part of the campaign, Tata Trusts has introduced a unique cookbook called ‘Gaanth Pe Dhyan’. It encourages women to check for lumps while performing kitchen tasks. The cookbook is available for free download and features recipes from chefs like Shipra Khanna and Santa Sarmah. In addition, a podcast with nutritionist…

In a move of bold solidarity with freedom of expression and safeguarding documentation, Taiwanese libraries have begun stocking tens of thousands of books forbidden in Hong Kong under China’s increased political crackdown. Not only will it preserve significant works, but it will become a haven for books suppressed under Hong Kong’s repressive National Security Law. The Vanishing Books of Hong Kong Hong Kong long boasted a vibrant book community, with bookstores full of a rich selection of titles, including books critical of the Chinese Communist Party and books in favor of democratic reform. That changed overnight with the imposition in…

Pakistan’s Prime Minister Shehbaz Sharif has extended a fresh peace overture to India, urging both countries to engage in direct talks to resolve the Kashmir issue. In a recent statement, Sharif emphasized that the long-standing conflict over Kashmir should be addressed as a bilateral issue between the two nations, underlining the importance of dialogue and diplomacy in easing regional tensions. Sharif’s comments come amid ongoing concerns over the strained relationship between the two nuclear-armed neighbours. The Kashmir dispute has been a point of contention for decades, with both nations claiming the region in full but each only controlling part of…

ગોદરેજ એન્ટરપ્રાઇઝીસ 3 વર્ષમાં હેલ્થકેર સેગમેન્ટમાં 15% વૃદ્ધિની અપેક્ષા ધરાવે છે. આ વૃદ્ધિ વધતી માગ અને અનુકૂળ બજાર પરિસ્થિતિઓના કારણે છે. ખાનગી હેલ્થકેર સેક્ટરનું વેચાણ બમણું થયું છે, ખાસ કરીને ટિયર 2 અને ટિયર 3 શહેરોમાં. કંપનીના બીટુબુ હેડ, સમીર જોશીએ જણાવ્યા અનુસાર, ભારતીય હેલ્થકેર સેક્ટર ઝડપથી વિકસિત થઈ રહ્યું છે. આ બદલાવ વધતી સેવાઓ, કવરેજ અને રોકાણને કારણે છે. આ ઉપરાંત દરદીની આરામદાયકતા અને સુરક્ષા વધુ મહત્ત્વપૂર્ણ બની ગઈ છે. ગોદરેજ તેની હેલ્થકેર ઇનોવેશન મેન્યુફેક્ચરિંગ ફેસિલિટી કાલાપુરમાં આગળ વધારી રહી છે. અહીં, હોસ્પિટલ બેડ્સ, એક્ઝામિનેશન કાઉચિસ અને મેડિકલ લોકર્સ બનાવવામાં આવે છે. આ સંશોધન નર્સિંગ સ્ટાફના પડકારોને હાઇલાઇટ કરે…

In a major move to bolster Mumbai’s emergency services, the Brihanmumbai Municipal Corporation (BMC) has announced plans to build five new fire stations across the city. Among these, two will be strategically located along the coastal road to improve accessibility and response times in rapidly developing and high-traffic areas. The initiative is part of the BMC’s ongoing efforts to strengthen fire safety infrastructure in Mumbai, where urbanisation and population growth have raised concerns about response times and safety. The new stations will be equipped with modern firefighting equipment and staffed by skilled personnel, aiming to ensure a faster, more efficient…