Classic Legends, the company behind the revival of iconic Jawa and Yezdi motorcycles in India, has announced revised pricing across its portfolio, making most models more accessible to young riders. The move comes in response to the recent GST 2.0 reforms, which reduced tax rates on motorcycles below 350cc from 28% to 18%. Additionally, the company is also extending the benefits of the GST reduction to after-sales components, further lowering the cost of ownership for customers. With the festive season approaching, Classic Legends is counting on strong demand from younger buyers looking for a performance-classic motorcycle.
The tension between the US and South Korea continues as 475 people, including 300 South Korean citizens, were arrested in an immigration raid at a construction site in Georgia. South Korea has now agreed with the US to secure the release of its citizens by arranging a charter flight to bring them home. This comes after the Trump administration has urged South Korean companies to invest in US factories, while also tightening visa rules, causing disruption for businesses and workers in both countries.
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The Malaysian government plans to establish the Halal Commission under the Prime Minister's Department and to place Halal Development Corporation Bhd (HDC) under its authority. This move is part of efforts to strengthen the development of the country's halal industry, as announced by Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali. This transfer of authority is expected to create more opportunities for women entrepreneurs in the halal industry.
In a significant development for the healthcare sector in Chhattisgarh, CM Vishnu Deo Sai signed an MoU with Telangana's Continental Hospital to construct a super speciality hospital in Bastar. With an expected cost of Rs 200 crore and key support from the central government and NMDC, this 10-storey facility will provide top-quality medical services in key departments such as cardiology, nephrology, and neurosurgery. The timely completion of this project holds great promise for the state's residents, particularly those in remote and tribal regions who have long lacked access to advanced healthcare.
The Supreme Court has ordered SBI to make public the unique numbers of electoral bonds by March 21st, following a petition by an RTI activist. This comes after the RBI Governor's recent revelation of the number of Rs 2000 currency notes that have been recovered to date. In response, Anil Ambani has denied allegations of fund diversion in 2016, after SBI and Bank of India tagged the loan account of Reliance Communications as fraudulent.
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In order to promote sustainable growth, the tourism minister of Malaysia has announced the launch of 'Visit Malaysia 2026', highlighting the country's cultural and heritage experiences and its focus on environmentally conscious travel. The country has already seen a surge in tourism, with record-breaking numbers in international arrivals and domestic tourism, and this is expected to continue with the largest MATTA Fair being held in September, with over 330 companies and 10 state tourism organizations participating. This campaign is set to make Malaysia a top global destination in the coming years.
After public backlash, Cracker Barrel announced that it would be returning to its old logo. President Donald Trump took the opportunity to mock the situation by posting a video of him and the original "old timer" from the logo dancing to "YMCA" in front of the restaurant's logo. The White House also got in on the jokes, posting a picture of Trump sitting in the "old timer's" chair with a spoofed logo and the caption, "Go woke, go broke." Trump even offered advice to the company, saying they could use the controversy to gain publicity.
In a bold move, Tesla's board has proposed a massive pay package for CEO Elon Musk in order to keep him focused and incentivized. The proposal, which is 18 times larger than a previous controversial pay package, highlights the board's confidence in Musk's ability to steer the company towards a new direction and reignite growth. The decision has sparked criticism from some who argue that Musk, as the company's largest shareholder, already has enough incentive and that the plan could worsen dilution and pose governance risks.