GST on Popcorn: A Comprehensive Breakdown of Tax Rates from Cinemas to Local Sellers The question of how GST applies to popcorn has puzzled cinema operators, shop owners, and even local popcorn sellers. If you’re also confused about the GST Council’s decisions on popcorn taxation, this article clears up all your doubts. The Central Government … Read more
Is HMPV the New Threat from China? Which Countries Are at the Highest Risk? The coronavirus, which originated in China’s Wuhan city, remains a mystery to the world despite extensive research. Scientists have not yet concluded how the virus originated or how it spread globally. Meanwhile, China has once again sounded the alarm. Reports suggest … Read more
HUL to Spin-Off Kwality Walls: Shareholding Ratio Revealed Hindustan Unilever Limited (HUL), one of India’s largest and oldest FMCG companies, has announced a major restructuring of its business. The company’s board has approved the demerger of its ice cream division, Kwality Walls, into a separate entity. The decision was finalized on Wednesday, January 22, 2025. … Read more
EPFO Pension Update: Final Opportunity for High Salary Pension Applications The Employees’ Provident Fund Organization (EPFO) has extended the deadline for employers to submit salary details online for high-salary pension applications. Employers now have until January 31, 2025, to upload the necessary information. In its statement, EPFO emphasized, “This is the final opportunity for employers … Read more
Warner Bros Discovery Shareholders Reject CEO David Zaslav’s $50M+ Pay Package In a strong rebuke to corporate compensation practices, shareholders of Warner Bros Discovery have voted against the pay packages of several top executives, including CEO David Zaslav, whose total compensation exceeded $50 million. According to a recent regulatory filing, nearly 60% of shareholders at … Read more
5th Gen Fighter Su-57e: Russia Offers Advanced Stealth Fighter to Longstanding Defense Partner India India and Russia share a decades-long defense partnership, with collaborations on MiG and Sukhoi fighter jets, along with various other military equipment. Strengthening this bond further, Russia has now proposed its fifth-generation Su-57e stealth fighter jet to India. The proposal includes … Read more
Stock Market Crash: Foreign Investors’ Holdings Hit Decade-Low Levels The Indian Stock Market continues to witness a significant downturn, primarily due to heavy sell-offs by Foreign Portfolio Investors (FPIs). In January 2025 alone, FPIs offloaded stocks worth over ₹78,000 crore, intensifying their selling spree after a brief period of stability in December 2024. According to … Read more
Wholesale Inflation Surges to 2.37% in December 2024 Despite Lower Food Prices India’s wholesale inflation rate (Wholesale Price Index – WPI) climbed to 2.37% in December 2024, up from 1.89% in November. This unexpected rise occurred despite a decline in food prices. According to the Ministry of Commerce, this marks the fifth time in FY … Read more