What GST 2.0 Needs Over the past three financial years the number of alleged evasion cases filed by just the Directorate General of GST Intelligence has almost doubled to 23,000, with a fourfold rise in the amounts involved to 4.34 trillion rupees ($51.9 billion). The DGGT is

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India Reports Its First Case of Virulent Mpox Virus Strain bloomberg.com/news/articles/…

China Unleashes Stimulus Blitz in Push to Hit Annual Growth Goal bloomberg.com/news/articles/…

Corporate India has a problem of plenty - Neelkanth Mishra . Key points in the report ◾Operating cash flow of BSE-200 companies (excluding financials) neared Rs 12 trillion in FY24. ◾Investments consumed only 70% of OCF. ◾Rest used to repay debt. Debt-equity ratio at 0.6,

India's seven-year-old GST faces a bigger problem than how to tax cream buns. In this week's India Edition, menaka doshi writes about the significant rise in tax litigation (Free read) trib.al/qKaVVFe

The India Meteorological Department (IMD) has issued a Red Alert for Mumbai, till tomorrow morning 8.30am. In view of this, all schools and colleges in Mumbai have been declared a holiday for tomorrow Thursday, 26 September 2024, in consideration of the safety of students. The

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How the world’s most valuable bank views India. Read my latest #IndiaEdition (Free read) bloomberg.com/news/newslette…

A lot is in flux at OpenAI. There are plans to possibly rethink its nonprofit status, an ongoing fundraising that may almost double its valuation, and discussions to give Chief Executive Officer Sam Altman an equity stake - all against a backdrop of senior departures.

World's Top Banker Bets on India Growth for 30 Years 🚨Jamie Dimon's long-term optimism aside, two more urgent themes emerged from conversations with JPMorgan's top brass. Read India Edition (No paywall) 👇👇👇 bloomberg.com/news/newslette…

“Both foreign direct investment and equity portfolio flows have slowed this year. Foreign ownership of Indian stocks continues to taperin the face of a retail buying frenzy (directly &via mutual funds) that's driving valuations sky high in the world's fourth-largest stock market”

Dame Maggie Smith, Oscar-winning actress and star of Harry Potter and Downton Abbey, dies aged 89 bbc.in/4eIJpux

India's GST Needs More Than a Tax Rate Reset GST gains will be frittered away without administrative reform. Click here 👇 bloomberg.com/news/newslette…

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Useful watch by Mangalam Maloo

Israel Kills Hezbollah Leader in Major Escalation of Conflict bloomberg.com/news/articles/…