Gold rate today: Gold prices fell Rs 400 to Rs 1,00,020 per 10 grams in the national capital on Wednesday amid sustained selling by stockists, the All India Sarafa Association said. The yellow metal of 99.9 per cent purity had ended at Rs 1,00,420 per 10 grams in the previous session.In line with the weakness,…
NEW DELHI: Making the Directorate General of Civil Aviation (DGCA) a fully autonomous agency; mitigating fatigue among air traffic controllers (ATCO) and flight crew; modernising ATC and filling up critical staffing gaps in key organisations are among the 12 key issues that a parliamentary panel has flagged to “ ensure the continued safety and sustainable…
The Lok Sabha on Wednesday passed the Promotion and Regulation of Online Gaming Bill, 2025, which seeks to foster the growth of e-sports and online social gaming while banning online money games. The Promotion and Regulation of Online Gaming Bill, 2025, introduced in the Lok Sabha by Union minister Ashwini Vaishnaw, aims to regulate India’s…
A Parliamentary panel has raised alarm over the “existential threat” posed by severe staffing shortages at the Directorate General of Civil Aviation (DGCA) and pressed for granting the regulator both financial and administrative autonomy through a time-bound plan.The Department-Related Parliamentary Standing Committee on Transport, Tourism and Culture, chaired by JD(U) leader and Rajya Sabha MP…
The Centre has proposed exempting individual life and health insurance policies from GST, Bihar Deputy Chief Minister and convenor of the Group of Ministers (GoM) on insurance Samrat Choudhary said on Wednesday. At present, insurance premiums attract 18% GST.“The Centre’s proposal is clear that the individual insurance policies should be exempt from GST. This has…
Chinese internet major Baidu reported a fall in quarterly revenue on Wednesday, hit by sluggish domestic consumption even as the company ramped up its artificial intelligence drive and overseas robotaxi ambitions.Baidu posted revenue of 32.7 billion yuan ($4.56 billion) in the April-June quarter, a 4% year-on-year decline, according to its filing with the Hong Kong…
What’s so rare about rare earth magnets NEW DELHI: China has decided to lift the curbs on export of rare earth magnets to India, in a relief to industries, such as automobiles (especially electric vehicles manufacturing), renewable energy (wind turbines), consumer electronics, defence and aerospace, and healthcare.What’s the meaning of rare earth magnets?Rare earth magnets…
MUMBAI: The government’s planned GST overhaul has drawn mixed assessments from HSBC, S&P and SBI, with estimates of a potential revenue gap ranging from Rs 60,000 crore to Rs 1.43 lakh crore, though the actual fiscal impact remains uncertain. HSBC warned of a $16 bn (Rs 1.43 lakh crore, or 0.4% of GDP) shortfall if…
The festive season in India always brings a surge in train ticket demand, as migrant workers head home for Durga Puja, Dussehra, Diwali and Chhath.The change, effective November 1, 2024, has intensified the scramble for seats and creating confusions on the actual right time to book tickets ahead of the festive season, when demand traditionally…
China’s exports of rare earth magnets bounced back strongly in July, climbing to a six-month high and signalling that trade flows of the critical minerals essential for electric vehicles have returned to levels seen before Beijing tightened export controls.Data released by the General Administration of Customs on Wednesday showed that exports from the world’s largest…
