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Pak: Audit uncovers massive under-invoicing, money laundering in luxury car imports

Islamabad, Aug. 6 -- The Post Clearance Audit (PCA) of the Directorate General of Customs has revealed extensive under-invoicing and money laundering schemes in the customs clearance of luxury vehicle... Read More


RBI mandates 10% loan retention in final co-lending norms for banks, NBFCs

Mumbai, Aug. 6 -- The Reserve Bank of India on Wednesday issued final guidelines on co-lending arrangements, mandating that each lender that is part of such a mechanism must keep at least 10% of the l... Read More


Amid sluggish GST growth, fake firms eating into UP's revenue

India, Aug. 6 -- LUCKNOW Even as Uttar Pradesh remains nonplussed over sluggish GST growth, fake firms are eating into the state's revenue by fraudulently claiming input tax credit (ITC), without carr... Read More


Clear Fires Over 100 Employees Amid AI Push

India, Aug. 6 -- Tax filing platform Clear, formerly known as ClearTax, said it has laid off about 16% of its workforce amid a "broader strategic organisational restructuring". The Peak XV Partners-b... Read More


Nabard, RBI promote rural financial literacy; 2,421 centres set up for financial literacy: Ministry of Finance

Mumbai, Aug. 6 -- National Bank for Agriculture and Rural Development (Nabard) and Reserve Bank of India (RBI) have undertaken various interventions to promote financial literacy and awareness of rura... Read More


Pokhara launches five-year Municipal Energy Plan

Pokhara, Aug. 6 -- Pokhara Metropolitan City has launched its first Municipal Energy Plan (MEP), outlining a five-year strategy to expand access to energy, improve energy efficiency, and promote the u... Read More


Pune ZP to train 100 teachers in German and French

India, Aug. 6 -- In what is being billed as a game-changer for rural education, the Pune Zilla Parishad (ZP) has partnered with Savitribai Phule Pune University (SPPU) to train teachers from ZP school... Read More


Himayat Sagar water level nears full tank mark; Hyderabad on alert

Hyderabad, Aug. 6 -- After persistent rain in Hyderabad and other districts of Telangana, the levels in Himayat Sagar reservoir increased perilously near the Full Tank Level (FTL) on Wednesday, August... Read More


INR likely to maintain caution ahead of RBI

Mumbai, Aug. 6 -- The Indian rupee is expected to stay cautious in opening trades on Wednesday with all eyes on RBI policy for further guidance on growth and tariff impacts even as the central bank is... Read More


A $2.5 billion pledge makes women's health a priority in Gates Foundation spend-down

New Delhi, Aug. 6 -- Innovations on the horizon in women's health show what's possible with more investment. With the help of ultrasound equipment powered by artificial intelligence, frontline health ... Read More