Global minimum tax: G7 endorses ‘side-by-side’ system replacing top-up levies; US, UK firms exempted

G7 endorses ‘side-by-side’ system replacing top-up levies (Picture credit: ANI) In a landmark development, the Group of Seven (G7) nations have agreed to exempt US-headquartered multinational corporations from key provisions of the global minimum tax agreement under a new “side-by-side” system. British businesses will also benefit from similar relief.As per news agency ANI, the new…

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51-49 Senate vote: Three Republicans who said ‘no’ to Trump’s ‘Big Beautiful’ bill | World News

Senator Rand Paul of Kentucky(left), US President Donald Trump (middle), Senator Thom Tillis of North Carolina (right) Three Republican senators—Thom Tillis of North Carolina, Rand Paul of Kentucky, and Ron Johnson of Wisconsin—broke ranks on Saturday late-night senate session as the chamber voted 51–49 to advance President Donald Trump’s sweeping One Big Beautiful Bill Act….

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Donald Trump vs Elon Musk Part 2: Tech billionaire restarts argument; calls ‘Big Bill Beautiful’ utterly insane | World News

The Feud Reignites The rivalry between President Donald Trump and Elon Musk has erupted once again, revealing the fault lines within America’s conservative and tech elite. On Saturday, Musk reignited his public criticism of Trump’s flagship domestic policy bill, calling it “utterly insane and destructive.” His post warned that the Senate’s revised 940-page draft would…

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Bioenergy push: Centre revises Waste-to-Energy guidelines to ease project approvals; slashes red tape, boosts flexibility

This is an AI-generated image, used for representational purposes only. The ministry of new and renewable energy (MNRE) has unveiled revised guidelines for its Waste-to-Energy (WtE) Programme under the National Bioenergy Programme, aiming to simplify procedures, enhance transparency, and link financial support to the actual performance of energy plants.According to a statement from the ministry,…

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Mauritius drug bust: 6-year-old British boy detained; 14 kgs cannabis worth £1.6 million found hidden in bag

A 6-year old British boy was apprehended along with multiple adults in Mauritius in connection with a significant £1.6million (Rs 18.78 crore approx) drug trafficking operation, according to by several UK media outlets.The incident reported occurred last Sunday at Sir Seewoosagur Ramgoolam International Airport (MRU), Mauritius’s primary international gateway, where authorities allegedly found 161kg of…

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‘Kisses Yes, Bezos No’: Jeff Bezos’ star-studded Venice wedding sparks backlash; locals voice dissent on overtourism and mouting costs | World News

Venice wedding sparks backlash; locals voice dissent on overtourism and mouting costs Hundreds of protesters marched through central Venice on Saturday as billionaire Jeff Bezos and Lauren Sánchez concluded their three-day wedding celebrations in the lagoon city. On Friday, Amazon founder Jeff Bezos and media personality Sánchez tied the knot in an opulent wedding ceremony…

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Musk takes on Trump again: Tesla chief attacks ‘big, beautiful bill’, says it will destroy jobs; calls it ‘utterly insane, destructive’

US President Donald Trump with Tesla CEO Elon Musk -File Image Former Doge chief and Tesla CEO Elon Musk on Saturday reinforced his criticism of US President Donald Trump’s Big Beautiful Bill, warning that the legislation, pushed urgently by Republican senators, would destroy millions of jobs in America and cause harm to the country. Calling…

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FPIs pump in Rs 13,107 crore into Indian markets in a week; sharp rise amid RBI rate cut, global easing

Representative image (Image credits: ANI) Foreign portfolio investors (FPIs) made a net investment of Rs 13,107.54 crore into Indian markets during the week of June 23 to June 27, according to data released by the national securities depository limited (NSDL). The strong inflow reflects a surge in investor confidence, with heavy buying especially on Monday…

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5.2 magnitude earthquake hits Pakistan

An earthquake of 5.2 magnitude struck Pakistan at 3:54 am IST on Sunday, the National Centre for Seismology reported. No casualties or damage were immediately reported.The tremor at a depth of 150 kilometres. Its epicentre was located at latitude 30.25° North and longitude 69.82° East.The NCS confirmed the event in a post on X, stating:…

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Warren Buffett donates whopping $6 billion Berkshire shares! Highest charity by billionaire in nearly 2 decades; total crosses $60 billion

Warren Buffett, chairman and CEO of Berkshire Hathaway (Image credits: AP) Billionaire investor Warren Buffett donated $6 billion worth of Berkshire Hathaway stock on Friday to the Bill & Melinda Gates Foundation and four family-run charities. This marks his largest annual donation since he began giving away his fortune in 2006.The donation included about 12.36…

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