States’ GDP calculation revamped: Govt issues uniform GSDP norms with 2022-23 as new base year

The statistics ministry on Thursday issued uniform guidelines for calculating Gross State Domestic Product (GSDP) with 2022-23 as the revised base year, aiming to bring greater consistency and comparability in measuring economic performance across states and Union Territories, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said the move follows the revision of the…

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‘Accident or murder?’: Ajit Pawar’s son Rohit Pawar questions 20-day delay plane crash probe | India News

NEW DELHI: Ajit Pawar’s son and Nationalist Congress Party SP MLA Rohit Pawar on Tuesday questioned the pace of the investigation into the plane crash that killed former Deputy Chief Minister Ajit Pawar, asking whether the 20-day delay was accidental or deliberate.Marking 20 days since the crash, the Karjat Jamkhed MLA alleged that the probe…

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Guardrails in place for AI-led commerce: Visa

SINGAPORE: Payments giant Visa is looking to launch agentic commerce pilots across the Asia-Pacific region as regulatory and ecosystem readiness advances by early next year. Agentic commerce refers to a new era where AI-powered agents shop and pay on behalf of users. The company’s Visa Intelligent Commerce (VIC) programme incorporates features like tokenisation, authentication, payment…

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ED arrests ex-Bengal minister Sujit Bose in municipality recruitment scam case | India News

NEW DELHI: The Enforcement Directorate (ED) on Monday arrested West Bengal’s former minister and TMC leader Sujit Bose in the municipality recruitment scam.Days after TMC’s rout in the West Bengal, ED questioned the senior party leader Sujit Bose in connection with its investigation into the municipality recruitment ‘scam’ case.Bose is alleged to have illegally recommended…

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Institutional investors held firm through bitcoin’s downturn, Bitwise CIO Matt Hougan says

Institutional investors may be proving more resilient bitcoin holders than critics expected, according to Bitwise CIO Matt Hougan, who says ETF flow data suggests professional investors have largely held onto their positions during the crypto market’s steep decline. “The best evidence we have is in the ETF market,” Hougan said. “Bitcoin ETFs accumulated roughly $60…

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Key accused in Bengal CM Suvendu aide’s murder arrested in UP’s Muzaffarnagar

Chandranath Rath (left) and Suvendu Adhikari NEW DELHI: The Central Bureau of Investigation (CBI) Monday arrested key accused Raj Kumar Singh in connection with murder of Bengal chief minister Suvendu Adhikari’s aide Chandranath Rath, reported news agency PTI citing officials.Cops nabbed Raj Kumar Singh in Uttar Pradesh’s Muzaffarnagar.On May 11, a Special Investigation Team (SIT)…

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