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Former BSE chairman, Sethurathnam Ravi - “There has been a very strong recovery in terms of collection in the form of GST in the past few years”

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Sethurathnam Ravi , popularly known as S Ravi is the former chairman of Bombay Stock Exchange Limited (BSE). Currently he is the Founder and Managing Partner of Ravi Rajan & Co., an advisory and accountancy firm, headquartered in New Delhi, India. When the Finance Minister of India Nirmala Sitharaman was all set to present the Union Budget on February 1, for the financial year 2022-23, rebate in taxation, simplifying investment and offering of further incentives to the Indian start-ups and MSMEs were the expectations from the same. After the presentation of the budget, Sethurathnam Ravi, the financial expert shares his views on the present taxation rates, the GST and how it affects the SMEs and the MSMEs. Sethurathnam Ravi (S Ravi) Founder and Managing Partner, Chartered Accountants’ firm Ravi Rajan & Co. said, "Expectation on rationalization of GST is there so that there is relief to small producers specifically within the food and Pharma sectors. I believe that ...

Violence in Tamil Nadu’s Kallakurichi: 3 Arrested Over Death of School Girl, Security Tightened

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Tamil Nadu: As many as 3 people have been apprehended and security has been heightened outside Sakthi International ECR School, in Tamil Nadu’s Kallakurichi district where violence broke out after a 17-year-old girl, allegedly, died by suicide. School correspondent Ravikumar, secretary Shanthi and Principal Shiva Sankaran have been arrested over the teenaged girl’s death and failing to maintain safety at the school hostel. Following the death, protestors set ablaze buses and vandalized school property demanding justice for the student’s death. Read More : https://www.india.com/tamil-nadu/violence-in-tamil-nadus-kallakurichi-3-arrested-over-death-of-school-girl-security-tightened-5519433/

3 dead in Indiana mall shooting; armed bystander kills gunman

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GREENWOOD, Indiana: Three people were fatally shot and two were injured Sunday evening at an Indiana mall after a man with a rifle opened fire in a food court and an armed civilian shot and killed him, police said. The man entered the Greenwood Park Mall with a rifle and several magazines of ammunition and began firing in the food court, Greenwood Police Department Chief Jim Ison said. A 22-year-old from nearby Bartholomew County who was legally carrying a firearm at the mall shot and killed the gunman, Ison said at a news conference. Four of those hit by gunfire were females and one was a male, Ison said. He didn’t immediately know the specific gender or age of those who were killed. He said a 12-year-old girl was among the two injured, both of whom are in stable condition. Police confiscated a suspicious backpack that was in a bathroom near the food court, Ison said. Officers went to the mall at about 6 p.m. for reports of the shooting. “The real hero of the day is the citizen that w...

Militants kill Indian police official in disputed Kashmir

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Militants in India’s Kashmir shot dead a police official near his home, the latest victim of killings that target government officials, teachers and civilians in the disputed region, local officials said on Saturday. “Body of Farooq Ahmad Mir, a senior police official was found in paddy fields near his home in Pampore town,” said a senior police official in Sringar, the summer capital of Jammu & Kashmir state. No militant group has claimed responsibility for the latest killing. At least 17 people have been killed by militants in Kashmir this year. India and Pakistan rule different parts of the divided Himalayan Kashmir region. India accuses Pakistan of backing the militants, but Pakistan denies this, saying that it only offers political support to fellow Muslims it believes are being suppressed by Indian security forces. READ MORE : https://english.alarabiya.net/News/world/2022/06/18/Militants-kill-Indian-police-official-in-disputed-Kashmir

Iranian engineer’s death at military site due to ‘industrial sabotage’: Agency

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The death of an Iranian Defense Ministry engineer in May 2021 was the result of “industrial sabotage” at a military site in Parchin near the capital Tehran, an Iranian Revolutionary Guards commander was quoted on Monday as saying. In his comments to the semi-official Entekhab news agency, the commander, Hassani Ahangar, did not say who was believed to be behind the sabotage.  “The martyr from the Ministry of Defense was himself not the target but was affected by an act of industrial sabotage. We must prevent such threats with artificial intelligence methods,” Ahangar was quoted by the agency as saying. “Engineer Ehsan Ghadbeigi was martyred and one of his colleagues was injured in an accident that took place in one of the Ministry of Defense’s research units at the Parchin area on May 25 [2021],” Entekhab added. READ MORE : https://english.alarabiya.net/News/middle-east/2022/06/20/Iranian-engineer-s-death-at-military-site-due-to-industrial-sabotage-Agency

Massive oil refining capacity idle in China amid soaring prices

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As gasoline prices soar and the US considers invoking Cold War-era laws to boost production, there’s a massive pool of oil refining capacity on the other side of the Pacific Ocean that’s sitting idle. Around a third of Chinese fuel-processing capacity is currently out of action as Asia’s largest economy struggles to put the coronavirus behind it. If tapped, the extra supply of diesel and gasoline could go a long way to cooling red-hot global fuel markets, but there’s little chance of that happening. That’s because China’s refining sector is set up mainly to serve its mammoth domestic market. The government controls how much fuel can be sent abroad via a quota system that also applies to privately owned companies. And while Beijing has allowed more shipments at times over the years, it doesn’t want to become a major oil-product exporter as that would run counter to its goal of gradually de-carbonizing the economy. “China’s absence in the export market is keenly felt in the broader regio...

Strong quake hits eastern Taiwan: US Geological Survey

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A 6.0-magnitude earthquake struck Monday in Taiwan’s east, 38 kilometres south of Hualien city, the US Geological Survey said. There were no immediate reports of damage or injuries.  The quake had an estimated depth of 10 kilometres, according to USGS, and struck at 9.05am local time (0105 GMT). An AFP reporter in Taipei felt shaking, and local media said the quake was felt across the island. The Taipei Metro stopped briefly when it hit, according to one passenger, before continuing at reduced speed for several stops. A second smaller tremor hit about half an hour later, according to Taiwan’s Central Weather Bureau. Read More : https://www.khaleejtimes.com/asia/strong-quake-hits-eastern-taiwan-us-geological-survey