Dr Reddy's Laboratories on Thursday said Kazakhstan revenue authority has levied a penalty of Rs 28.7 lakh on its subsidiary. The Department of State Revenue, Bostandyk district of Almaty, Kazakhstan has imposed the penalty on Dr Reddy's Laboratories Kazakhstan LLP towards disallowance of claim of certain expenses by the tax authorities for the calendar year 2021, the drug firm said in a regulatory filing. The order levies a penalty of KZT 17,597,212 (Rs 2.87 million), it added. "Based on our evaluation, there is no material impact on the financials, operations, or other activities of the company," the Hyderabad-based drug firm said.
Kazakhstan is the first country in Central Asia to launch a digital nomad visa
The ban follows Kazakhstan's decision not to apply for Brics membership, the bloc of emerging economies currently led by Russia
Russian President Vladimir Putin and Chinese President Xi Jinping on Thursday attended the summit of a security grouping created by Moscow and Beijing to counter Western alliances. Putin and Xi joined the leaders of other countries that are members of the Shanghai Cooperation Organisation at its annual meeting in Kazakhstan's capital of Astana. The grouping was established in 2001 by China, Russia and the four ex-Soviet Central Asian nations of Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan to promote regional security and economic cooperation. It was later joined by India, Pakistan and Iran. Russia's western neighbour and ally, Belarus, joined the SCO on Thursday. Observer states and dialogue partners include Turkiye, Saudi Arabia and Egypt. Addressing the summit, Putin emphasised the group's focus on ensuring security of its members and said the SCO will form a dedicated centre that will coordinate response to various security challenges. He added that the group's members will
External Affairs Minister S Jaishankar on Wednesday met his Belarusian counterpart Maksim Ryzhenkov here and discussed the bilateral relationship and its future growth potential. Jaishankar, who is here to represent India at the annual summit of the Shanghai Cooperation Organisation and carrying out various bilateral meetings on the sidelines, also welcomed the eastern European country as the newest member to the SCO bloc. Pleased to meet FM Maksim Ryzhenkov of Belarus today. Welcome Belarus to the SCO as its newest member. Discussed our bilateral relationship and its future growth potential, Jaishankar posted on the social media platform X along with the photos of the meeting. The meeting of the two Foreign Ministers came days after the first-ever India-Belarus Consular Dialogue that was held on June 28 in Minsk. The Indian delegation was led by Dr Aman Puri, JS (CPV), while the Belarusian delegation was led by Andrei Kozhan, Head of General Directorate for Consular Affairs, Minis
The SCO summit will take place from July 3-4 in Astana, the capital city of Kazakhstan
Yoon will visit Turkmenistan with the first lady for a state visit before heading to Kazakhstan and Uzbekistan
Kazakhstan is on a mission to uproot corruption because it's holding back economic development, said Askhat Zhumagali, head of the anti-corruption agency that oversees the crackdown
More than 660 residential houses were flooded in the region by Wednesday morning, RIA cited emergency ministry as saying
More than 7,100 people were evacuated on Sunday from several hundred residential buildings that had been flooded, state news agency RIA said
Nearly 12,000 houses have been flooded in a Russian region bordering Kazakhstan as water levels in the Ural River keep rising and threatening more deluge, authorities said on Thursday. The floods sparked evacuations of thousands in the Orenburg region, located some 1,200 kilometers (745 miles), southeast of the capital of Moscow after a dam on the river burst last week under the pressure of surging waters. Local authorities have declared a state of emergency in the region. In a televised videoconference with President Vladimir Putin, Orenburg governor Denis Pasler reported that a total of 11,972 houses are flooded, as well as 16 state medical facilities. Additionally, 3,600 houses home to some 20,000 people are in danger of imminent flooding as water levels continue to rise. The situation is most dire in the city of Orenburg, the administrative capital of the region, Pasler said, where the water level in the Ural River reached a historical peak of 10.87 metres (about 36 feet). A
The Kremlin said Putin was being updated regularly on the situation but had no current plans to visit the area while emergency services tried to deal with rising waters
The water level in the Ural is rising, said Alexei Kudinov, the first deputy head of Orenburg. Reuters footage showed swathes of areas near the city under water
During the meeting that took place in Astana, both sides exchanged views on the terrorist threats in their respective regions, including State-sponsored, cross-border terrorism in South Asia
Downstream, water levels in Orenburg, a city of around 550,000, rose towards the critical level of 9.3 metres as sirens warned major floods were imminent
More than 6,100 people have already been evacuated from the city of 230,000, according to local authorities. Fifteen of 40 schools in the school had been flooded
Thousands of Russians have been evacuated as the dam in the city of Orsk could not contain the flow of water from the Ural River and broke in two places, local authorities told TASS
Authorities in Russia ordered residents to evacuate parts of the Orenburg-region city of Orsk ofter a dam burst, adding to existing flooding in the region
But plans for the site meant to help propel Russia's efforts in the new space age risk running off course
Sharlapayev told reporters the government would not spend money from the budget on the deal, but did not say how much Kazakhstan was going to pay