Business

British horse racing will go on strike on 10 September, taking the unprecedented action of refusing to race in protest against the Government’s proposed tax rise on betting on the sport. As part of its industry-wide Axe The Racing Tax campaign, four fixtures scheduled for that day at Lingfield Park, Carlisle, Uttoxeter and Kempton Park have been rearranged by the …

GST (representative image) The proposed revamped goods and services tax (GST) 2.0, developed through extensive consultations, aims to be more comprehensive than just rate adjustments. Officials, quoted by Economic Times, indicate it will fundamentally restructure the eight-year-old indirect tax system. The changes focus on resolving classification conflicts, duty inversions and operational challenges to provide businesses with enhanced certainty and stability.The …

Representative (AI-image) IndianOil’s Panipat refinery has received international certification to convert used cooking oil from homes and restaurants into sustainable aviation fuel (SAF), company chairman Arvinder Singh Sahney said. The refinery has obtained the ICAO’s ISCC CORSIA certification, developed under the Carbon Offsetting and Reduction Scheme for International Aviation, to produce SAF from used cooking oil, PTI reported. “We are …

Chemical companies in India are making significant progress in establishing a comprehensive ecosystem for semiconductor manufacturing, which aligns with the nation’s ambition to become a global leader in advanced technology industries, according to Bastion Research’s findings, cited by ANI.The semiconductor manufacturing process necessitates various ultra-high-purity chemicals, essential for wafer fabrication procedures including etching and cleaning operations.As India progresses with its …

Markets are set for a strong start on Monday, with both global and domestic factors likely to lift investor sentiment. The twin triggers include Prime Minister Narendra Modi’s Independence Day announcement of GST reforms and the “understanding” reached between US President Donald Trump and Russian President Vladimir Putin.The Alaska meetingTrump and Putin held a close to three-hour meeting in Alaska, …

PM Modi to inaugurate Dwarka Expressway’s Delhi section and UER-II projects (Images taken from PM Modi’s X handle) NEW DELHI: Prime Minister Narendra Modi is set to inaugurate two major highway projects in Delhi-NCR on Sunday afternoon— the Delhi section of Dwarka Expressway and the Urban Extension Road-II (UER-II). These projects are designed to decongest Delhi, improve connectivity, cut travel …

Colletta Smith Cost of living correspondent Getty Images The school summer holidays means many parents face the task of cooking up lunches and snacks for children eating most of their meals at home for six weeks. It can prove costly especially as food prices are rising faster now than at any point in the last year. School dinners are often …

Matthew Chattle/Future Publishing via Getty Images Claire’s has appointed administrators in the UK and Ireland For Beth Searby, a Saturday as a teenager wasn’t complete without going to Claire’s with her friend. But that tweenage rite of passage looks uncertain as the future of the chain hangs in the balance. Beth and her friends would use their pocket money in …

Postponing or rescheduling the meeting is important because the US has imposed a significant 50% on Indian products. (AI image) India-US trade deal: As India looks at the possibility of a 50% tariff on its exports to the US effective August 27, the sixth round of trade deal talks between the two countries may be postponed.An official told PTI that …

MUMBAI: An IndiGo A321 aircraft, operating a flight from Bangkok, suffered a tail strike when landing in Mumbai in heavy rains in the early hours of Saturday.IndiGo flight 6E1060 departed Bangkok at 11.40 pm and landed in Mumbai around 3 am. But before it could touch down on runway 27 of the airport, the aircraft carried out a go-around, it …