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BusinessPhoto: Amar Business

CII Praises GST Council's Decision to Ease Rules for Small Businesses

The Confederation of Indian Industry (CII) welcomed the GST Council's decision to remove certain offenses from the crime category and rationalize enforcement powers, calling it a significant institutional reform. CII highlighted that this step signals a shift towards trust-based economic governance and a model for further economic reforms in India. The decision, made on October 8, reflects cooperation between central and state governments to improve relations with businesses. CII Director General Chandrajit Banerjee praised PM Modi, Finance Minister Nirmala Sitharaman, and state governments for their leadership and consensus on sensitive issues like enforcement and taxpayer rights.

Amar Business·

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WorldPhoto: TOI World

Veiled Marble Bust by Antonio Corradini Sells for Record €1.925 Million in Vienna

A marble sculpture of a veiled lady by Antonio Corradini sold for a record €1.925 million at an auction in Vienna. The 60-centimeter tall bust is noted for its intricate craftsmanship that mimics cloth. Bidders in the saleroom and on the phone competed, with a telephone bidder ultimately winning the artwork.

TOI World··Vienna

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PoliticsPhoto: News18

Andhra Minister Updates on School Chainsaw Attack Victim's Condition

Andhra Pradesh Minister Nara Lokesh visited Manipal Hospital in Bengaluru to check on a 15-year-old girl critically injured in a chainsaw attack at her government school in Anantapur district. After a 12-hour surgery, she is stable but the next 48 hours are crucial. The accused, her maternal uncle disguised as a worker, exploited ongoing construction to enter the school. The government is providing full support to the family.

News18··Bengaluru

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SportsPhoto: NDTV Cricket

Afghanistan Wins Maiden Hong Kong Sixes Title Defeating Australia

Afghanistan made history by defeating Australia by four wickets in the final to win their first-ever Hong Kong Sixes cricket title. The match took place at the Mission Road Ground on Sunday, marking a significant achievement for Afghanistan's cricket team in this fast-paced tournament.

NDTV Cricket·

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PoliticsPhoto: NDTV World

Iran Warns Any New US War Could Last Longer Than Before

Iran's army spokesman Mohammad Akraminia stated that a potential future war involving the US could last longer than previous conflicts. He emphasized that the American president would not be able to dictate the timing or conditions for ending such a war, signaling a warning about prolonged hostilities if conflict arises.

NDTV World·

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BusinessPhoto: Mint Markets

Government Changes Export Duties Impacting IOCL, BPCL, HPCL Shares

The government has raised export duties on diesel and aviation turbine fuel while reducing the petrol export duty to zero for the fortnight starting October 31. This decision is expected to keep shares of Indian Oil Corporation (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) in focus on November 2.

Mint Markets·

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