UK Deputy Prime Minister Angela Rayner resigned on Friday after an inquiry found she failed to meet ethical standards related to a property purchase. Rayner admitted to underpaying tax on an apartment and expressed deep regret for not seeking specialist tax advice. Prime Minister Keir Starmer accepted her resignation, acknowledging her decision to refer herself to the independent adviser.
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Amid strained diplomatic relations, India has appointed Dinesh K Patnaik, a seasoned diplomat from the 1990 IFS batch, as the new High Commissioner to Canada. Patnaik, currently serving as India’s Ambassador to Spain, brings over 30 years of experience from various international missions. This appointment comes after India withdrew its High Commissioner and other diplomats following actions by Canada.
The GST Council has approved a new 40% tax slab for sin and luxury goods, set to replace the existing cess. While the implementation date is pending, 5% and 18% slabs take effect from September 22. Finance Minister Nirmala Sitharaman announced the move, highlighting reduced tax burdens for the common person.
A hot-mic moment captured Russian President Vladimir Putin and Chinese President Xi Jinping discussing biotechnology's potential to extend human life, possibly up to 150 years, with North Korean President Kim Jong Un observing. The exchange occurred during a military parade in Beijing, where Xi warned of a global crossroads between peace and war while showcasing China's military strength.
Lalit Modi's recent revelation on a podcast has brought the infamous Harbhajan Singh-Sreesanth "slap-gate" incident from the inaugural IPL season in 2008 back into the spotlight. Modi claimed to possess unseen footage of the altercation, which resulted in Harbhajan's suspension and sparked significant controversy. The resurfacing of this incident reminded fans of the fiery early years of the league.
Prime Minister Modi engaged in discussions with EU leaders, focusing on strengthening bilateral ties and addressing global issues like trade, technology, and the Ukraine conflict. They aim to finalize the India-EU Free Trade Agreement and implement the India–Middle East–Europe Economic Corridor.
India's cricket team concluded their Dubai practice, gearing up to defend their Asia Cup title. Key players like Gill and Yadav participated in batting sessions, while Bumrah rejoined after a break. The team, under coach Gambhir, is set to face UAE, Pakistan, and Oman in Group A, aiming to continue their Asia Cup dominance.
In Chhattisgarh's Balrampur district, a tragic incident occurred as an old reservoir collapsed in Dhaneshpur village, resulting in four fatalities and at least three individuals missing. Eight members of a family were swept away when the Luti reservoir breached, destroying their home. Rescue operations are ongoing near the Kanhar river to locate the missing, including two children.
Donald Trump has threatened tariffs on nations imposing digital taxes, following concerns raised by Meta CEO Mark Zuckerberg about European regulatory overreach. Trump, who once called Zuckerberg a 'criminal,' seems to have mended fences, evident from recent White House meetings and Meta's support for Trump's inauguration.
ONGC group refineries will continue purchasing Russian oil as long as it remains financially viable, according to Chairman Arun Kumar Singh. Subsidiaries MRPL and HPCL have been steady buyers, with no US sanctions or Indian restrictions currently in place. The company is also open to acquiring overseas upstream assets and anticipates production from its Mozambique gas project by 2028.
LeBron James and his wife, Savannah, celebrated over two decades of togetherness, their bond highlighted in the Netflix docuseries 'Starting 5.' Savannah shared insights into their deep connection, emphasizing LeBron's profound love and describing him as her 'bestie.' LeBron consistently acknowledges Savannah's pivotal role in his NBA success, attributing his achievements to her unwavering support.