Author: Team Admin

Regulators on both sides of the Atlantic are training their eyes on Apple Inc., unnerving investors with fears over fines and threatening its market dominance. In the US, the Justice Department and 16 attorneys general are suing the iPhone maker for violating antitrust laws. And in Europe, the company is said to be facing probes about whether it’s complying with the region’s Digital Markets Act. Shares of the company slid 4.1% Thursday, erasing about $113 billion in market value and taking their year-to-date loss back to 11%. Once the world’s most valuable firm at more than $3 trillion, Apple has…

New Delhi: The State Bank of India (SBI), through its Chairman Dinesh Kumar Khara, told the Supreme Court on Thursday that it has submitted complete details of electoral bonds, including the ‘unique alpha-numeric’ details of bonds, to the Election Commission of India (ECI). The unique numbers would match the buyers and the recipient political parties of the electoral bonds. The bank said it is now revealing information which includes the name of the purchaser of the bond, the denomination and the specific number of the bond, the name of the party that has encashed the bond, last four digits of…

Washington: The US Department of Justice sued Apple on Thursday for illegally maintaining a monopoly for its iPhone by stifling competition and imposing exorbitant costs on consumers. The lawsuit, also brought by multiple US states, attacked the iPhone for raking in hundreds of billions of dollars by making it difficult for consumers to switch away to cheaper smartphones and devices. The long anticipated case against Apple sees the company founded by Steve Jobs in 1976 clash with Washington after largely escaping US government scrutiny for nearly a half century. It joins Amazon, Google and Facebook-owner Meta which are also facing…

Goemkarponn desk PANAJI: Goa government has hiked Valued Added Tax (VAT) on Aviation Turbine Fuel (ATF) from 8 per cent to 15 per cent per kilo-litre. Pranab Bhat, Under Secretary of Finance, has released a notification in this regard. The government claims that Goa has the lowest ATF VAT in all of India, even with the increase. Prior to the opening of Mopa airport last year, the government reduced the value-added tax (VAT) on ATF from 18% to 8% per kilogram. Information indicates that most aircraft prefer Mopa, with only a small number choosing to refuel at the Dabolim international…

Goemkarponn desk VASCO: In a late-night incident, a Swift taxi car reportedly lost control and ramped into shops, damaging several bikes in Vasco on Thursday nights. Sources said that the incident occurred at around 11 pm on an internal road in Vasco opposite the St Andrews church. Fortunately, no injuries have been reported in the incidents since shops in the usually packed area had closed down. The driver of the Swift Car involved in the accident is reportedly said to have lost control of the vehicle, resulting in the collision. Several bikes, shop shutters and other structures were damaged in…

Goemkapronn desk VASCO: In a tragic incident, a labourer Akib Raza, hailing from Uttar Pradesh, died after falling from the the eight-floor of the building Essen Horizon Phase 2 located in Jairam Nagar at Dabolim on Thursday evening. Sources said that the labourer was engaged by a flat owner and fell from the 8th floor while carrying out the maintenance work. The people from the building were shocked after the incident and immediately called the Police who rushed to the site to carry out the primary investigation regarding the circumference surrounding the incident Speaking to media , Building society Chairman…

Goemkarponn desk PANAJI: In a resounding call to action, the Goa State Commission for Protection of Child Rights (GSCPCR) has issued a scathing indictment of the state’s failing child protection services. The Commission’s Chairperson, Peter F. Borges, in an impassioned letter to the Chief Secretary, has laid bare the systemic neglect and dire state of child welfare and protection in Goa. A System in Shambles: A Reflection of Our Collective Failure Chairperson Borges’s letter exposes a decade of decay within the child protection framework in Goa, underscoring a shocking disregard for the welfare of the state’s most vulnerable citizens. “The…