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Indian tax officials find Modi's targets too taxing, some quit
Tax officers fearful of missing target, over-reach accusationsMUMBAI: India's tax officials are facing a taxing issue. Prime Minister Narendra Modi's government wants them to collect 17% more in direct taxes this year as New Delhi seeks to shore up revenues amid a sharp economic slowdown. The target has been maintained even though Modi recently approved a massive cut in corporate taxes, which are part of direct taxes, and warned officers not to...
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Israel strikes Hamas targets in Gaza
Tit-for-tat air strikes and rocket fire between Israel and Islamic Jihad continues GAZA CITY: Israel targeted Hamas in air strikes on Gaza early yesterday after rockets were fired at it from the Palestinian enclave, the army said, two days after a fragile ceasefire began. Hamas, the Islamist movement that has de facto control over the Gaza Strip, had been spared the brunt of Israeli bombardment during this week's flare-up which focused on its...
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'Come back tomorrow': Refugees battle for asylum in South Africa
'We are tired, we don't like this South Africa anymore'PRETORIA: Therese Walu's eyes welled up as she recalled the last time she shared dinner with her whole family, 19 years ago, in the Democratic Republic of Congo. The next morning, soldiers raided her village of Mukakira, in the country's northeast -- where a civil war that killed millions raged between 1998-2003. She grabbed her youngest daughters and fled into the surrounding forest, not...
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India shelves consumer spending report; leaked data shows slump
Report is bad news for Prime Minister ModiMUMBAI: India said that it would not release a controversial report on shrinking consumer demand after a leading business daily leaked data showing that per capita spending had slumped for the first time in four decades. The report is bad news for Prime Minister Narendra Modi, who has struggled to revive India's stuttering economy. Consumer demand in India's villages fell 8.8 percent between July 2017 and...
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NBK-Egypt reports KD 30 million in net profits
Shaikha Al-Bahar and Yasser El-Tayeb KUWAIT: NBK-Egypt - a member of NBK Group - reported EGP 1.666 billion in net profits (KD 30 million) for 9M2019 up 13.8% compared to EGP 1.464 billion for the corresponding period of last year. As of September 30, 2019, shareholders' equity reached EGP 7.54 billion up 29.7% compared to EGP 5.81 billion by the end of September 2018. Total customers deposits grew by 8.2% for the same period, reaching EGP 56.15...
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Burgan Bank record one of the strongest third quarters
Raed Al-Haqhaq, Burgan Bank Deputy Group CEO and CEO-Kuwait and Naveen Rajanala, Group Head of Strategy and Capital KUWAIT: Raed Al-Haqhaq, Burgan Bank Deputy Group CEO and CEO-Kuwait, stated that Q3'19 was one of the strongest third quarters for the bank. In Q3'19, Burgan Bank generated Net Income of KD 22.7mn, Y-o-Y growth of 10.7%. The financial results of first 9 months of 2019 (9M2019) was also solid with Group Revenue of KD 178.3mn and...
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Apple bans vaping apps from Store
SAN FRANCISCO: Apple said it is banning vaping-related apps from its App Store due to concerns that e-cigarette use can damage lungs or even kill people. Apple vets what is allowed on the shelves of its virtual shop that serves as the sole outlet for apps available to its popular mobile devices, including some 900 million iPhones in use around the world. "Recently, experts ranging from the CDC to the American Heart Association have attributed a...
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Taylor Swift-label feud underscores tensions over music ownership
Unleash the Swifties: Taylor Swift has tapped her millions-strong social media fan base to pressure the heads of her former label, who she says are wielding "tyrannical control" over her music. The global superstar's latest chess move has reignited her months-long public feud with Big Machine Label Group, spotlighting the music industry's age-old issue of who keeps the keys to an artist's work. The 29-year-old pop singer known for her calculating...
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Oscar Wilde's stolen ring found by Dutch 'art detective'
A golden ring once given as a present by the famed Irish writer Oscar Wilde has been recovered by a Dutch "art detective" nearly 20 years after it was stolen from Britain's Oxford University. The friendship ring, a joint gift from Wilde to a fellow student in 1876, was taken during a burglary in 2002 at Magdalen College, where the legendary dandy studied. At the time it was valued at £35,000. The trinket's whereabouts remained a mystery for...
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Heroes' welcome to Kuwait shooters
KUWAIT: Kuwait shooters got a heroes' welcome after the delegation arrival from the 14th Asian Championship that was held in Qatar. They qualified for the Tokyo Olympics and collected nine medals. Director General of Public Authority for Sports Dr Humoud Fulaiteh Al-Shimmari, President of Kuwait and Arab Shooting Federations, Secretary General of Asian Shooting Confederation Eng Duaij Khalaf Al-Otaibi and Secretary General of Arab and Kuwait...
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Nadal bows out on top of the world
Rafael is now on 19 majors, just one behind Federer LONDON: Rafael Nadal was unable to crown his season with a first ATP Finals title but he ends it as world number one and with a chance to lead Spain to Davis Cup glory. The Spaniard, who came to London under an injury cloud, had a terrible start to his week at the O2 Arena, crushed in straight sets by defending champion Alexander Zverev in his first round-robin match. But he produced a...
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Shami stars in India's crushing Test win over Bangladesh
India's opening batsman Agarwal played a key part in the win with 243INDORE: Mohammed Shami took four wickets as India crushed Bangladesh by an innings and 130 runs inside three days of the opening Test yesterday. Bangladesh were bowled out for 213 in the final session in Indore after their gamble to bat first after winning the toss backfired badly against the Indian pace attack. Shami's fellow fast bowlers Umesh Yadav and Ishant Sharma shared...
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Kuwait opens visa 20 to visa 18 transfer from July 14 to September 12
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Iranian reformist candidate Masoud Pezeshkian raises his arms to greet his supporters as he arrives for his campaign rally, two days before a presidential election runoff following a first round marked by a historically low turnout, at a stadium in Tehran on July 3, 2024.—AFP
Iran reformist Pezeshkian wins presidential election
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Today in Kuwait’s history
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Uruguay's midfielder #05 Manuel Ugarte scores in a penalty shoot-out to win the Conmebol 2024 Copa America tournament quarter-final football match between Uruguay and Brazil at Allegiant Stadium in Las Vegas, Nevada on July 6, 2024. — AFP
Uruguay beat Brazil on penalties to reach Copa America semi-finals
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Hollywood actor Brad Pitt, acting in an upcoming Formula One-based movie, follows the second practice session ahead of the Formula One British Grand Prix at the Silverstone motor racing circuit in Silverstone, central England.--AFP
Brad Pitt at Silverstone for filming of F1 movie