States’ fears over GST regime have come true: Tamil Nadu Finance Minister

Tamil Nadu Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Wednesday said the States’ fears of losing autonomy with the Goods and Services Tax regime have come true.“One thing that is very clear to me is the fears of loss of autonomy have been fully realised. The States have now very little independence in anyContinue reading “States’ fears over GST regime have come true: Tamil Nadu Finance Minister”

Due to a chip shortage, Opel has decided to close its German plant until 2022.

Business Opel, a subsidiary of Stellantis (STLA.MI), announced on Thursday that it will close one of its German plants until at least the end of the year due to chip shortages. Production at the Eisenach plant, which produces internal combustion engine and hybrid electric vehicles, is expected to resume in 2022, though an Opel spokespersonContinue reading “Due to a chip shortage, Opel has decided to close its German plant until 2022.”

Sanjay Bhargava to lead Elon Musk’s Starlink satellite broadband business in India

Business Bhargava will join SpaceX as Starlink’s country director on October 1, 2021, as the Musk-led US aerospace company prepares to compete with Bharti group-backed OneWeb and others in the launch of fast satellite broadband services in India next year.

States’ fears over GST regime have come true: Tamil Nadu Finance Minister

Tamil Nadu Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Wednesday said the States’ fears of losing autonomy with the Goods and Services Tax regime have come true.“One thing that is very clear to me is the fears of loss of autonomy have been fully realised. The States have now very little independence in anyContinue reading “States’ fears over GST regime have come true: Tamil Nadu Finance Minister”

Monsoon withdrawal to begin from Oct 6, says IMD and other news updates.

Weather Monsoon likely to begin withdrawal from some parts of NW India from Oct 6: IMDMonsoon is likely to begin withdrawal from some parts of northwest India from October 6, according to India Meteorological Department (IMD). The normal date for the commencement of monsoon withdrawal is September 17. Last year, the monsoon started withdrawing fromContinue reading “Monsoon withdrawal to begin from Oct 6, says IMD and other news updates.”

Punjab Crisis Updates: Navjot Sidhu to Remain PCC Chief, Says MLA Gurpreet After Channi Meeting; Cabinet Meet on Oct 4

India Navjot Singh Sidhu will remian the Punjab Congress Committe chief , a post he had quit in a huff on Tuesday, signalling that the meetign with Chief Minister Charanjit Channi went well. MLA Gurdeep, who was part of the meeting said that Sidhu will continue in the post. Two flower bouquets were seen beingContinue reading “Punjab Crisis Updates: Navjot Sidhu to Remain PCC Chief, Says MLA Gurpreet After Channi Meeting; Cabinet Meet on Oct 4”

Kunal Shah of CRED believes that self-regulation will save the fintech ecosystem

Business CRED’s Kunal Shah expressed concern at the Global Fintech Fest that the ease of access to funding is reducing the average experience of fintech founders. Fintech products and timing of offering will be key differentiators for startups, according to him.

Coronavirus LIVE Updates: India Showing Declining Trend in Weekly Positivity Since Mid-May; Govt Issues Festive SOPs.

India Coronavirus LIVE Updates: Twenty-three MBBS students studying in KEM & Seth GS Medical College, Mumbai have been found to be corona positive even after taking the first dose of Covid-19 vaccine. The daily rise in coronavirus infections had remained below 20,000 for the second consecutive day on Thursday with 18,870 fresh cases recorded inContinue reading “Coronavirus LIVE Updates: India Showing Declining Trend in Weekly Positivity Since Mid-May; Govt Issues Festive SOPs.”

Softbank leads a $200 million funding round for Ola Electric, which is worth $3 billion.

Business The funding round, according to Ola Electric, will help it accelerate development of other vehicle platforms, such as an electric motorbike and a mass market scooter.

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