June 7, 2025: Best photos from around the world
Credit: Reuters Photo
Vande Bharat train, flagged off by Prime Minister Narendra Modi, crosses the Chenab rail bridge, in Reasi district of J&K
Credit: PTI Photo
Sand artist Sudarsan Pattnaik makes a sand sculpture on the eve of Eid al-Adha, at Puri beach, in Odisha
Credit: PTI Photo
Farm workers plant paddy seedlings, at a field on the outskirts of Amritsar
Credit: PTI Photo
A man pulls his cart amid rainfall, in Patna
Credit: PTI Photo
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Economic Times
9 minutes ago
- Economic Times
PM Modi to address top military commanders in Kolkata next month
Prime Minister Narendra Modi will address top military commanders in Kolkata. This Combined Commanders' Conference will focus on national security. Discussions will include the creation of Theatre Commands and indigenous weapon systems. The forces will present lessons from Operation Sindoor. Focus will be on enhancing the role of the Chiefs of Staff Committee. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads For the first time after the major success in Operation Sindoor against Pakistan, Prime Minister Narendra Modi is expected to address the top military brass in the Combined Commanders' Conference planned to be held in Kolkata in the third week of conference is attended by all the top Commanders of the three defence forces along with the civilian bureaucracy of the Defence Prime Minister is expected to address the top Commanders on national security-related issues and give out his vision for the forces in future, defence sources told Prime Minister is also expected to be given a detailed presentation on the creation of three Theatre Commands as part of the higher defence reforms to enable forces to fight future wars jointly and basic groundwork for the Theatre Commands is being done by the Integrated Defence Staff under Chief of Defence Staff Gen Anil Chauhan . The IDS is now also working towards incorporating the lessons learnt from Operation Sindoor into the structure of the commands' military is also looking towards enhancing the operational role of the Chiefs of Defence Staff-led Chiefs of Staff Committee, they Theatre Commands were planned to be set up at three locations, including Jaipur, Prayagraj and commands would be responsible for the Western, Northern, and maritime borders, major presentation to be made to the Prime Minister would be on the indigenous weapon systems and platforms built under Make in India in the forces are preparing a detailed presentation on the performance of the equipment during Operation Sindoor as well as the future programmes in this BrahMos supersonic cruise missiles, along with many loitering munitions like the Nagastra, were used to destroy the terror and Pakistmilitary targets in Pakistan.A small number of indigenous weapon systems may also be showcased during the event planned for the first time in Prime Minister would earlier address the Combined Commanders' Conference annually, but now it has been made once every two Defence Minister had last year addressed the Joint Commanders' Conference in Lucknow, during which he gave the forces his directives and vision for national security.
Economic Times
9 minutes ago
- Economic Times
PM Modi chairs high-level meet on next-gen reforms
Synopsis Prime Minister Narendra Modi convened a high-level meeting with key Union ministers, secretaries, and economists to discuss the roadmap for next-generation reforms, a key announcement from his Independence Day address. The meeting included deliberations on making India self-reliant across various sectors, from semiconductors to fertilizers, and the revision of GST laws, as envisioned by the Prime Minister. PTI Prime Minister Narendra Modi on Monday chaired a high-level meeting, which included top Union ministers, secretaries and economists, to deliberate on the roadmap for the next generation reforms, one of the key announcements he had made in his Independence Day address. Union ministers Rajnath Singh, Amit Shah, Nitin Gadkari, Nirmala Sitharaman, Shivraj Singh Chouhan, Piyush Goyal and Lalan Singh attended the meeting. Modi had on August 15 announced the formation of a task force for 'next-generation reforms' and revision of GST laws, as he devoted a major part of his 103-minute speech on making India self-reliant in a host of sectors ranging from semiconductors to fertilisers.
Hans India
11 minutes ago
- Hans India
Revenue loss from GST changes may touch ₹1.1 trillion; UBS downplays fiscal impact
The fiscal impact of the proposed Goods and Services Tax (GST) rate rationalisation remains acceptable and will result in an estimated GST revenue loss of 1.1 trillion per year or 0.3 percent of GDP according to according to a UBS report revealed. In the year 2026's financial year the company anticipated a deficit of Rs 430 billion which is 0.12 percent of GDP that could be covered by surplus cess collection and an increase in dividends than budgeted by the Reserve Bank of India. The UBS GST report, which was reported by ANI pointed out the fact that the GST overhaul India would be more effective in promoting consumption than personal tax cuts or tax cuts for corporations, since it directly affects the spending on the spot of purchasing. In a report of the National Institute of Public Finance and Policy which stated the fact that "the GST multiplier stands at -1.08, higher than the multipliers for personal income tax (-1.01) and corporate tax (-1.02)." The Independence Day speech from the Red Fort, Prime Minister Narendra Modi announced his intention to announce that "upcoming next-gen India tax reform 2025 before Diwali" will be beneficial to small businesses, consumers and MSMEs. In the following days the finance ministry announced its proposal to simplify the GST structure, based around three pillars: restructuring the tax system, fiscal cost of GST changes and a more comfortable way of life. Sources have now discovered that the Centre proposes to eliminate the current 28% and 12 percent slabs, while keeping the 5 percent and GST rates of 18. Government sources have said the majority of items in the the 12% slab is proposed to be moved into 5% slabs and the majority of things within the 28% slab have been planned to be moved in the 18 percent slab. The GST Council meeting is expected between September and October, to review the plan, ANI reported.
