SGST Uncovers ₹262 Crore Fake Iron Scrap Network in Kanpur Raids The State Goods and Services Tax (SGST) department has uncovered an alleged fake iron scrap trading network in Kanpur and Kanpur Dehat involving bogus transactions worth ₹262 crore and suspected fraud...
450 People Allegedly Defrauded of ₹2.30 Crore in Overseas Job Scam Around 450 people in Deoria, Uttar Pradesh, have allegedly lost nearly ₹2.30 crore after being promised jobs in Indonesia and Singapore, according to a police complaint that has triggered an investiga...
MonsterCloud CEO Accused of Secretly Paying Ransomware Groups The owner of ransomware recovery company MonsterCloud has been charged in the United States over allegations that the company secretly paid ransomware operators for decryption keys while presenting it...
York and North Yorkshire Mayor Rules Out Tourist Tax Exemption for Airbnb The mayor of York and North Yorkshire has said he would not introduce a proposed overnight visitor levy unless it also applied to Airbnb properties and other holiday lets. The proposed levy is part of...
Italy Tax Evasion Rises Above €112 Billion, Treasury Report Shows Italy’s tax evasion problem is larger than previously estimated and increased in absolute terms in 2023, according to new government data, adding pressure on Rome as it tries to manage high public deb...
Trump Considers Suspending Federal Gas Tax as Fuel Prices Rise U.S. President Donald Trump said he is considering suspending the federal gasoline tax as elevated fuel prices put pressure on American consumers and become an important economic issue ahead of the No...
Florida Property Tax Plan Could Shift Costs to Canadian Property Owners Florida voters are set to consider a proposed constitutional amendment that could significantly reduce property taxes for many permanent residents, while potentially increasing the tax burden on non-r...
IMF Warns Debt-Financed Tax Cuts Could Push Up Global Interest Rates The International Monetary Fund (IMF) has warned that tax cuts financed through additional government borrowing could contribute to higher interest rates globally and reduce investment in other econom...
RBI Raises FY27 Inflation Forecast to 5.2% on Crude Oil Risks The Reserve Bank of India (RBI) has raised its inflation forecast for the financial year 2026-27 to 5.2% from its earlier estimate of 5%, citing the impact of higher crude oil prices and evolving infl...
India-U.S. Trade Deal Talks Face Delays as Negotiations Stall India and the United States appear to be facing renewed delays in their efforts to conclude a trade agreement, with recent comments from officials on both sides indicating that negotiations have yet t...
RBI Raises Repo Rate to 5.50%, Shifts Policy Stance to ‘Calibrated Tightening’ The Reserve Bank of India (RBI) has raised its benchmark repo rate by 25 basis points to 5.50%, marking a significant shift in its monetary policy approach after nearly three and a half years. The Mon...
Rupee Falls to 96.57 After RBI Raises Policy Rate The Indian rupee weakened against the U.S. dollar in early trading on Wednesday, October 7, 2026, slipping to ₹96.57 per dollar after the Reserve Bank of India raised its benchmark policy rate by 25 b...
