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Delhi man held on charge of forging Rs 392-cr input tax credit
Delhi man held on charge of forging Rs 392-cr input tax credit

New Delhi, A Delhi resident was arrested by a team of Directorate General of GST Intelligence's (DGGI) Gurugram Zonal Unit on charges of creating and operating fictitious firms on forged documents and passing fake input tax credit totalling over Rs 392 crore through issuance of invoices without actual receipts/supply of good

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India most hit by pandemic as investors' index deteriorates most among emerging markets
India most hit by pandemic as investors' index deteriorates most among emerging markets

New Delhi, India seems to be the worst affected economy among emerging markets from the Covid-19 pandemic with Investors' Macro Ratings Index (IMRI) deteriorating the most in the country in the first half of calendar year 2020, a Motilal Oswal analysis of macro economic conditions in India via emerging markets has showed.

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Economy/Business
AWS generates $11.6bn in sales, leads global Cloud market
AWS generates $11.6bn in sales, leads global Cloud market

New Delhi, Maintaining its leadership position in the global Cloud market, Amazon Web Services (AWS), the Cloud arm of e-commerce giant Amazon, generated $11.6 billion in sales in the September quarter, up 29 per cent year-over-year.

The $3.54 billion operating income for AWS topped the Wall Street estimates of $3

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World
N.Korea blames Seoul for death of fisheries official
N.Korea blames Seoul for death of fisheries official

Seoul, North Korea on Friday blamed South Korea for the death of a fisheries official killed at sea last month because Seoul "failed to exercise proper control" over its citizen.

The 47-year-old fisheries official was fatally shot by the North's military while adrift in the North Korean side of the Y

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World
Social-distancing measures relaxed in HK
Social-distancing measures relaxed in HK

Hong Kong, Social-distancing measures in Hong Kong were relaxed on Friday which will now to allow at least six people to sit at a restaurant table, up from the initial four, while the limit on groups in bars and pubs also increased from two to four.

As per the relaxation, eating and drinking establishments will be

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World
France demands suspension of Mahathir's account for hate tweet
France demands suspension of Mahathir's account for hate tweet

Paris, Twitter has removed former Malaysian Prime Minister Mahathir Mohamad's controversial tweet glorifying violence even though France is demanding suspension of his account on the social media platform.

The former Malaysian PM sparked an uproar when he said on Thursday that Muslims have a "right to be

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World
Israel to export agricultural produce to UAE
Israel to export agricultural produce to UAE

Tel Aviv, Israeli farmers and companies have received permission to export agricultural produce to the United Arab Emirates (UAE), according to an official statement.

"Following a concerted effort that included talks, exchanges of correspondence and coordination with the UAE's Ministry of Climate Change a

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World
UK reports 23,056 new Covid-19 cases, 280 deaths
UK reports 23,056 new Covid-19 cases, 280 deaths

London, The UK has reported 23,056 new Covid-19 infections and 280 fatalaties in 24 hours amid a resurgence, which increased the overall caseload and death toll to 965,340 and 45,955, respectively, according to official figures.

Thursday's tallies were released as more areas, including parts of the Midlands, Y

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World
McDonald's HQ building sells for over $412 million
McDonald's HQ building sells for over $412 million

Chicago,  The McDonald's Headquarters building in Chicago has sold for more than $412 million, the largest office property sale in the city since 2018.

The sale was completed on Thursday, Xinhua news agency quoted the Chicago Tribune as saying in a rpeort.

Seller Sterling Bay and inves

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Andhra to launch digital agri studio to update famers
Andhra to launch digital agri studio to update famers

Amaravati, Andhra Pradesh Agriculture Minister Kurasala Kannababu said on Thursday that a digital studio will be launched in Vijayawada soon to update farmers about the modern agricultural techniques.

Through the studio, scientists will enlighten the farmers on new research, innovations and important knowledg

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