A surge in gold imports that widened India’s trade deficit to a record last month and pushed the rupee to an all-time low was due to an error in calculation, according to people with knowledge of the matter.Officials double-counted gold shipments in warehouses following a change in methodology in July, the people said, asking not to be identified ahead of …
The Indian government has finally decided that online gaming essentially falls under the category of ‘demerit goods’ and hence should attract a 28 per cent GST. At present online gaming attracts 18 per cent GST, with the tax being levied only on gross gaming revenue, which is the fees charged by online gaming portals. Although the GoM deliberated on separate …
The calculation of deaths due to Covid-19 in India is “quite complex” and there are “no definite answers”, former Indian Council of Medical Research scientist Dr Raman Gangakhedkar told News18.com, responding to the latest data released by the World Health Organization, which claims that Covid could have killed as many as 47.4 lakh people in India in 2020-21. Gangakhedkar, who …
The Central Board of Secondary Education is developing an in-house IT system for the marks evaluation for the CBSE Class 12 board exam results 2021. How schools will be assisted in the Class 12 evaluation process As per CBSE’s announcement on Thursday, schools will have alongside them a results committee and a moderation committee to assist the schools and make …
Neelakantha Bhanu Prakash, who emerged as world’s fastest human computer by winning the Mental Calculation World Championship at Mind Sports Olympiad in London earlier this month, is all set to embark on a mission to eradicate mathematics phobia both in India and abroad. The 20-year-old Hyderabadi, who became the first Indian and also the first Asian to win the gold …