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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240711

I see it in the scientists who are transforming the future. I see it in the parents who are tracked who are tracked warner train generations to come. In everyone everywhere who is building a better life for themselves, their families, and their communities. This too is american aspiration. This is what President Joe Biden has called upon us to summon now. The courage to see beyond crisis, to do what is hard, to do what is good. To unite. To believe in ourselves, believe in our country, believe in what we can do together. Thank you, and may god bless america. And now, john legend. Haslinda that was Vice President Kamala Harris speaking at the inaugural event celebrating america were she talked about being bold, about being fearless, about how the american aspiration isabella building one nation. She also talks about having the courage to see beyond the crisis. It comes at a juncture where the country is deeply divided and comes as joe biden himself called for unity earlier today as he g

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Transcripts For BBCNEWS World 20240705

lets start with the reasons behind this. things like bank holidays strikes, how important are they? they are important and they can have a push and pull impact on these figures. we tend to see a boost to pub and restaurant although that wasn t the case in may, on the other hand, we tend to see it has a negative impact on manufacturing and construction activity because of those extra days off which is exactly what we did see in may. there is no doubt that the bank holidays had an impact and resort services was pretty much flat in may. we saw human health was a bit stronger because there weren t any strike day byjunior doctors but there was an increase in the output for arts and entertainment. that s partly because of the bank holidays. it was a bit of a mixed report but as you say, we saw a contraction in may, a bit better than expected. but matt lets pick up on those pay deals. , . ., ., matt lets pick up on those pay deals. , . . . , deals. they have agreed a pay rise, what

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GST contributes considerably to state revenues: Nirmala Sitharaman in X post

In a long X platform post, Finance Minister Nirmala Sitharaman said GST contributes significantly to state revenues as they stand to receive 50 percent of IGST and 42 percent of CGST

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Implementation of GST has helped poor: Sitharaman

Finance Minister Nirmala Sitharaman highlighted the significant impact of GST on the economy, praising its role in benefiting the poor by lowering taxes on essential items and improving tax buoyancy across states.

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Supreme Court asks Centre to furnish data on notices, arrests done under GST Act

The Supreme Court has asked the Centre to provide information on notices and arrests made under the Goods and Services Tax, expressing concern over potential harassment. Justices are reviewing petitions challenging GST Act provisions, seeking clarity on arrest powers to prevent citizen mistreatment. Data on arrests and notices for defaults of Rs 1-5 crore in the last three years is required. The Court aims to protect citizens from undue hardship and may amend ambiguous provisions.

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