Submit bank guarantees for 50% of Rs 5cr fine for Fema violations, HC tells Google
Monday, 14 April 2025 The Karnataka High Court has instructed Google India and its executives to provide bank guarantees covering 50% of the penalties levied for alleged FEMA violations. These penalties, totaling Rs 5.45 crore, stem from transactions involving distributor fees to Google Ireland and equipment purchases from Google US. The Enforcement Directorate claims these transactions, lacking RBI approval, constitute unauthorized commercial loans.
Meta and Google, under ED investigation for hosting ads of illegal betting sites, have been granted an extension until July 28 to appear before the agency. They.. IndiaTimes
Bengaluru, once seen as just India’s outsourcing hub, is now the beating heart of a global tech revolution. With over 10,000 startups, world-class talent from IITs, and returning entrepreneurs from Silicon Valley, this city is rapidly redefining what it means to lead in innovation.
In this video, we explore how Bengaluru transformed into India’s Silicon Valley, how it’s building the future of AI, biotech, and space tech — and why global giants like Google, Microsoft, and Amazon are investing heavily here.
From government vision to grassroots ambition, this is the story of how a city in India is challenging Silicon Valley’s dominance — and may soon surpass it.
#Bengaluru #IndiaTech #StartupIndia #SiliconValley #TechRevolution #GlobalInnovation #IndianStartups #IIT #AIIndia #BengaluruStartups #TechLeaders #FutureOfTech #OutsourcingToInnovation #SpaceTechIndia #MadeInIndia
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Canada has officially scrapped its controversial 3% Digital Services Tax after former U.S. President Donald Trump halted all trade talks and threatened new tariffs. The tax, set to target tech giants like Amazon, Google, and Meta, faced intense U.S. backlash. Finance Minister Champagne said rescinding the tax is essential to reviving stalled negotiations. Ottawa had previously vowed not to yield, but with over 80% of Canadian exports reliant on the U.S., the rollback clears the way for renewed talks ahead of a July 21, 2025 deadline.
#Canada #DigitalTax #Trump #USCanadaTrade #TradeTalks #Amazon #Meta #Google #TechTax #TariffThreat #DigitalServicesTax #Ottawa #MarkCarney #USExports #TradeFreeze #BreakingNews #EconomicPolicy #TradeDeal #CanadaUSRelations #FinanceMinister #TradeReversal #DigitalEconomy #CanadaBacktracks #TrumpTariffs #TaxRollback #BilateralTalks #GlobalTrade
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Explained! Why President Trump abruptly ended all trade talks with Canada. Trump called Canada's Digital Services Tax a “direct & blatant attack” on U.S. firms. The tax, retroactive to 2022, targets tech giants like Amazon, Meta, and Google, sparking fierce backlash. Trump also threatened new tariffs on Canadian exports, reigniting major trade tensions. With over 80% of Canadian exports headed to the U.S., the move could disrupt industries and escalate economic strain on both sides of the border.
#TrumpVsCanada #DigitalServicesTax #USCanadaTensions #TradeWar #TrumpTradePolicy #CanadaTax #BigTechTax #USCanadaRelations #TariffThreat #BreakingNews #Amazon #Google #Meta #Uber #TradeTalksCollapsed #RetaliationPolitics #TruthSocialPost #GlobalTradeCrisis #TechTaxBattle #DigitalTaxDispute #USExports #CanadaEconomy #Trump2025 #TradeDisruption #USPolitics #CanadaNews #CrossBorderTensions #TradeBacklash #RetroactiveTax #EconomicTensions #NorthAmericaTrade #GlobalMarketImpact
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An appellate tribunal has significantly reduced the penalty imposed on PwC by the Enforcement Directorate (ED) for Foreign Exchange Management Act (Fema).. IndiaTimes
President Donald Trump lashed out at a reporter during a Texas flood roundtable, calling the question about lack of early warnings “very evil.” Visiting Central Texas following massive flash floods that left over 100 dead, Trump praised FEMA and Governor Greg Abbott’s response team, pledging swift federal aid. The Texas “Flash Flood Alley” region suffered rapid water surges, catching communities unprepared. Trump claimed “fully funded within minutes” and commended responders. He reiterated that such rapid flooding was unprecedented, dismissing criticisms. Republican Rep. Chip Roy defended him, calling the question “ridiculous.” Trump also avoided answer on future FEMA role. With casualties including at least 27 campers in Kerr County, the event highlighted his administration's partnership with Texas officials. His remarks stirred controversy over leadership tone and disaster preparedness in face of growing climate disasters.
#Trump #TexasFloods #FlashFloodAlley #TrumpVsReporter #FEMA #GregAbbott #CrisisResponse #TrumpSlamsReporter #TexasDisaster #FloodWarnings #Evacuation #TexasHillCountry #DisasterFunding #ClimateCrisis #TrumpRoundtable #FloodVictims #KerrCounty #MediaScrutiny #RepublicanDefense #FloodPreparedness
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White House press secretary Karoline Leavitt is facing intense criticism after calling the deadly Texas floods—claiming over 100 lives—an “act of God.” The comment came as search and rescue efforts continued in Kerr County, where floodwaters swept through homes and Camp Mystic. Critics argue the Trump administration’s underfunding of FEMA and the National Weather Service worsened the crisis. During a press conference, reporters challenged Leavitt over delayed alerts and lack of preparedness. The backlash grows as families demand accountability for a preventable disaster.
#TexasFloods #KarolineLeavitt #ActOfGod #TrumpAdministration #FEMA #NWS #FloodTragedy #BreakingNews #WeatherAlert #NaturalDisaster #WhiteHouse #FloodResponse #DisasterRelief #PublicSafety #TexasNews #EmergencyPreparedness #CampMystic #SearchAndRescue #ClimateCrisis #GuadalupeRiver #TrumpNews #LeavittBacklash #KerrCounty #WeatherWarnings #PoliticalAccountability #PressBriefing #MediaQuestioning #GovernmentResponse #ActOfGodBacklash #FloodPolitics #CrisisInTexas
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At least 82 people are dead, including 28 children, after catastrophic floods swept through central Texas. As rescue teams search for 11 missing girls last seen at Camp Mystic, Donald Trump deflects responsibility, calling the tragedy a “Biden setup” and brushing off questions about slashed FEMA and weather budgets. Entire communities were engulfed as the Guadalupe River surged 26 feet in just 45 minutes.
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The Supreme Court dismissed the Enforcement Directorate's plea against a Karnataka High Court order, which had quashed proceedings against B.M. Parvathi, wife of.. IndiaTimes
The Centre has informed the Karnataka High Court that unchecked unlawful content on social media threatens democracy. It accused X of evading accountability.. IndiaTimes
The Karnataka High Court has mandated the disclosure of a status report concerning the M Chinnaswamy Stadium stampede, rejecting the state government's request.. IndiaTimes
The Enforcement Directorate made a mistake. It summoned lawyers Arvind Datar and Pratap Venugopal. They were summoned for giving legal advice. The Attorney.. IndiaTimes
The Enforcement Directorate (ED) has summoned actors Vijay Deverakonda, Rana Daggubati, Prakash Raj, and Manchu Lakshmi as part of an investigation into the.. IndiaTimes
Bhupesh Baghel accuses the Enforcement Directorate of arresting his son, Chaitanya, to suppress voices against the Adani Group, alleging the conglomerate.. IndiaTimes
Works begin in Ireland to exhume remains of hundreds of babies found at unwed mothers’ home
'Mother-and-baby homes' were institutions in Ireland where unmarried pregnant women and their children were housed. They were characterised by harsh conditions, high mortality rates and a lack of support for mothers and children.
READ MORE : http://www.euronews.com/2025/07/15/works-begin-in-ireland-to-exhume-remains-of-hundreds-of-babies-found-at-unwed-mothers-home
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Credit: euronews (in English) Duration: 01:10Published
The BBC has been ordered to pay Gerry Adams £84,000 after he won a libel case against the broadcaster. Adams said the case was about “putting manners on the BBC” and claimed it was out of step with the peace process in Ireland. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn