In this episode of Moneycontrol Editor’s Picks, we have a special focus on the GST reform rollout and its impact on consumer durables, the economy of lottery-dependent states, revenue collection, and the green signal it gives to the RBI to introduce another expected rate cut by the end of 2025.
Lotteries are run by nine states: Arunachal Pradesh, Goa, Kerala, Maharashtra, Mizoram, Nagaland, Punjab, Sikkim, and West Bengal
Norwegian gambling group Norsk Tipping said they had published incorrect prize amounts after a Eurojackpot draw on Friday because of an error converting from euro cents to Norwegian kroner.
Martin came into limelight in March 2024 when Future Gaming and Hotel Services, the company owned by him, emerged as the top donor to political parties via electoral bonds.
The top court said the high court was right in holding that the lottery comes within the expression "betting and gambling" which is part of Entry 62 of the state list of the Constitution and only the state can impose the tax.
MHADA, the nodal agency for affordable housing in the state, plans to release around 30,000 homes a year through its regional boards
Maharashtra's deputy chief minister has said the state's housing policy, in the works for a number of years, will be released 'soon'
Up to 12,000 homes are slated to be allocated to applicants in the lottery for the Konkan board, according to MHADA. The Konkan board includes cities such as Thane, Kalyan and Virar that are close to Mumbai and are key real estate markets
According to MHADA officials, the authority has received 94,733 applications as till the end of September 16, of which 70,562 paid the earnest money deposit. Officials added that they expect more than one lakh applications by the end of the application process.
The costliest apartment in the lottery, located in Tardeo, earlier priced at more than Rs 7.5 crore, will now be priced at Rs 6.8 crore, while an unit in Vikhroli, earlier priced at around Rs 38 lakh, will now be available at around Rs 29 lakh.
The couple's methodical approach paid off when their postcode was drawn again, granting them a subsequent cash prize, albeit smaller than the first.
Additionally, the tender for the Kamathipura cluster redevelopment project is expected to be floated later in August, according to Sanjeev Jaiswal.
The economist's strategy involved a meticulous approach: with the help of investors and a syndicate, he calculated and purchased all possible ticket combinations.
This is the incredible story of how a retired couple in small town America became millionaires after discovering a loophole in a local lottery game.
Lottery officials were amazed to find the ticket in pristine condition when it was submitted for verification.
Spain's famous El Gordo Christmas lottery brings in billions in revenue each year. This year, the winning lottery, number 88008, won the El Gordo jackpot of 400,000 euros.
The control room operator in the oil and gas industry in the UAE was identified as Sreeju, who won the Dh 20,000,000 (approximately Rs 45 crore) Mahzooz Saturday Millions lottery.
Other cars up for grabs include a Toyota Fortuner worth Rs 50 lakh, a Scorpio, a Skoda Kuchak, and a Nexon.
After he discovered that he had the winning ticket, the lottery agent decided not to reveal the news until he handed it over to the bank.
Edwin Castro, winner of the record-breaking $2 billion Powerball jackpot, has raised eyebrows after buying 3 multi-million dollar properties in California.
Mohamned Adil Khan will receive more than Rs 5.5 lakh every month for the next 25 years after winning the FAST 5 draw.
The man said that he bought a ticket worth Rs 327 comprising of six lines of numbers for the May 28 Bonus Match 5 drawing.
As the man scratched the lottery ticket, it revealed a pot of gold symbol which secured him the staggering sum.
Robin Riedel's golden ticket qualifies him for a weekly payout of $1,000 for the rest of his life, making him set for life.
The woman, who was identified as Lucia Forseth, won the lottery from a scratchers ticket.
