Business Archives - Page 16 of 31

05 Sep

EU Slaps Google with €2.95 Billion Fine Over Antitrust Violations

Rajeev Sharma0 CommentsBusiness, World Newscompetition law, digital advertising, EU Commission, European Union, Google antitrust fine

Brussels (Rajeev Sharma): The European Union on Friday imposed a €2.95 billion ($3.5 billion) fine on Google for breaching competition rules by unfairly promoting its own digital advertising services. This marks the fourth antitrust penalty levied against the tech giant by EU regulators and reflects a retreat from earlier threats to break up the company.The European Commission, the bloc’s executive arm and chief antitrust watchdog, also ordered Google to end its “self-preferencing practices” and address “conflicts of interest” across the advertising technology supply chain.Google swiftly rejected the ruling, announcing plans to appeal. “The decision is wrong. It imposes an unjustified…

05 Sep

Tragic Road Accident Near Manakpura Claims Life of Class 11 Student

nishuthapar10 CommentsBusiness

National Times Bureau :- A tragic road accident near Manakpura has claimed the life of a Class 11 student. The incident occurred when the student met with a collision, leading to his death on the spot. According to initial information, the accident took place on a local road in the Manakpura area. The victim, a student of Class 11, sustained fatal injuries and could not be saved despite immediate help from locals. The police reached the scene shortly after being informed and have started further legal procedures. The accident has left the local community in shock and mourning. Authorities have…

03 Sep

GST Council Approves Two-Slab System, Major Tax Reform to Roll Out by September 22

Rajeev Sharma0 CommentsBusinessGST 2.0 reform, GST Council meeting 2025, GST two slab structure, India tax system, Nirmala Sitharaman GST

NEW DELHI, September 3, 2025 — In a landmark move to simplify India’s indirect tax framework, the Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman, approved a sweeping reform on Wednesday that will replace the existing four-tier GST structure with a streamlined two-slab system.The new regime, set to take effect on September 22, introduces two primary slabs 5% and 18% while reserving a special 40% rate for luxury and sin goods such as premium vehicles, tobacco, pan masala, and online gaming. Officials estimate that the rationalisation will result in a revenue loss exceeding ₹47,000 crore, but…

01 Sep

Punjab Floods – Punjab Universities, Colleges, and Polytechnics Remain Closed Until September 3

Gurpreet Singh0 CommentsBusiness

National Times Bureau :- The Punjab government has ordered all universities, colleges, and polytechnic institutes across the state to remain closed until September 3, 2025, in view of the ongoing heavy rainfall. Education Minister Harjot Singh Bains announced the directive, emphasizing that student safety remains the top priority amidst worsening weather conditions. https://twitter.com/harjotbains/status/1962370672984039462?t=Bul1xDVdYvYVCy_FRZkhuQ&s=19 Minister Bains directed educational authorities to ensure proper care and security of students residing in hostels during the closure. He also urged citizens and students to follow the advisories issued by district administrations and avoid unnecessary travel in rain-affected areas. This measure follows earlier orders suspending classes…

01 Sep

LPG Rates Slashed Again: Commercial Cylinder Sees Fresh Price Drop

Rajeev Sharma0 CommentsBusiness, India, TrendingLPG, LPG Cylinder

New Delhi (Rajeev Sharma): Oil companies have announced a fresh reduction in commercial LPG prices, marking the fifth consecutive monthly cut and bringing cheer to restaurants, eateries, and businesses ahead of the festive season. In Delhi, the 19-kg commercial LPG cylinder is now priced at Rs 1,580, down from Rs 1,631.50, offering savings of Rs 51.50 per unit. Similar adjustments have been made across metros — the new price in Kolkata is Rs 1,684, in Mumbai Rs 1,531.50, and in Chennai Rs 1,738. The revision took effect today. While commercial consumers benefit from the continued reductions, domestic LPG rates remain…

31 Aug

India Overtakes China as the World’s Fastest-Growing Private Jet Market

Rajeev Sharma0 CommentsBusiness, India, TrendingChina, India

New Delhi (Rajeev Sharma): India has surpassed China to become the world's fastest-growing private jet market, marking a significant shift in the Asia Pacific aviation sector. Between 2021 and 2024, India's private jet fleet expanded by nearly 25%, while China's fleet contracted by over 30% during the same period. while China saw a drop of nearly one-third. Today, India operates more than 490 private aircraft, a figure expected to cross 700 by 2029.Industry experts attribute India's growth to several key factors, including robust economic expansion and rapid economic growth, which have led to an increase in high-net-worth individuals and corporate…

31 Aug

Keyways Mortgage Surrey Office Offers Customized Homebuyer Solutions

Rajeev Sharma0 CommentsBusiness, Canada, TrendingCanada, Surrey

Surrey, (Richa Walia): Keyways Mortgage has officially launched its new office in Surrey, providing a comprehensive range of mortgage solutions tailored to meet the diverse needs of the city’s growing community.While conversing with National Times, Vinay Sharma and Shubha Chaudhury stated that they are committed to guiding clients through every step of their homeownership journey, offering expert advice and support. From first-time homebuyer programs to refinancing and specialized mortgage products, the office will serve as a one-stop destination. Vinay Sharma stated that the services offered include Pre-Approval to help clients determine their comfortable budget before shopping, Construction Loans with lenders…

30 Aug

E20 Petrol May Lower Mileage Slightly, But National Gains Far Greater: Industry Experts

Rajeev Sharma0 CommentsBusiness, IndiaARAI, E20 fuel, ethanol blending, ethanol economy, FIPI, fuel efficiency, SIAM

New Delhi, August 30 – The adoption of 20% ethanol-blended petrol (E20) may cause a marginal 2–4% dip in vehicle fuel efficiency, but industry leaders and testing agencies emphasized on Saturday that the wider economic and environmental benefits far outweigh this cost.At a joint press briefing, the Society of Indian Automobile Manufacturers (SIAM), the Automotive Research Association of India (ARAI), and petroleum industry representatives dismissed exaggerated claims of 20–50% mileage losses as “misinformation.”“The intrinsic nature of the fuel does lead to a small reduction in mileage, but the benefits to society, farmers, the economy, and the environment are immense,” said…

29 Aug

PM Modi Begins Japan Visit, Bilateral Talks with PM Ishiba on Agenda

Rajeev Sharma0 CommentsBusiness, India, Trending, World NewsJapan, Narendra Modi

Tokyo (Rajeev Sharma): Prime Minister Narendra Modi landed in Tokyo on Friday, beginning a two-day official visit during which he will meet Japanese Prime Minister Shigeru Ishiba for wide-ranging talks on bilateral, regional, and global issues. The Ministry of External Affairs announced Modi’s arrival, stating that the discussions scheduled later today would focus on advancing the India–Japan Special Strategic and Global Partnership, a relationship that has expanded significantly over the past eleven years. Ahead of his departure from New Delhi, Modi emphasized that the visit would provide an important opportunity to strengthen cultural bonds between the two nations and open…

28 Aug

Akali Leader Bikram Majithia’s Judicial Custody Extended Till September 6 in Drug-Linked Money Laundering Case

Gurpreet Singh0 CommentsBusiness, PunjabBikram Majithia, Punjab News

National Times Bureau :- In a significant setback for senior Shiromani Akali Dal leader Bikram Singh Majithia, a local court on Thursday extended his judicial custody until September 6 in connection with disproportionate assets and alleged money laundering cases tied to the drug trade. Majithia, currently lodged in New Nabha Jail near Patiala, had his bail plea rejected earlier, with the court citing the serious nature of the charges and the ongoing investigation by the Punjab Vigilance Bureau. Sources indicate that the bureau is still scrutinizing financial transactions and property records allegedly linked to Majithia, and more evidence is expected…