Olympics Host Cities Don’t Belong on a Warming Planet
Posted on: 25 Jul, 08:18 PMThe only way to make the Games more sustainable is to spread them out and shrink them.
Kamala Harris Will Try Turning Coconut and ’Brat’ Memes Into Votes
Posted on: 25 Jul, 08:18 PMThe Vice President’s campaign has been leaning into the memes, but the strategy doesn’t guarantee turnout
G-20 Excludes Brazil’s Billionaire Tax From Draft Communique
Posted on: 25 Jul, 08:18 PMThe world’s leading finance chiefs are set to shelve Brazil’s controversial plan to create a global tax on billionaires, including only a vague mention of the idea in a draft communique from this week’s meeting in Rio de Janeiro.
Home Retailer Big Lots Seeks More Financing as Losses Pile Up
Posted on: 25 Jul, 08:18 PMOff-price home goods retailer Big Lots Inc. has been reaching out to prospective investors to gauge interest in providing a new loan that would be backed by assets like the company’s leases, according to people with knowledge of the matter.
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Revenue Secretary explains how removal of indexation will only benefit most property sellers, not hurt the
Posted on: 25 Jul, 03:18 PMBudget 2024 removed the indexation benefit hitherto applicable to property sale. Till now, LTCG on property sale was being taxed at 20% with indexation benefit. Now, the rate stands reduced to 12.5%, but the seller will have no indexation benefit.
Food prices on the rise? Finance Minister Nirmala Sitharaman has a plan
Posted on: 25 Jul, 03:18 PMFinance Minister Nirmala Sitharaman announced that the government had plans to tackle food inflation through enhanced storage and irradiation for perishables. Food inflation rose significantly year-on-year in June, driven by soaring prices, especially tomatoes. The government is striving to improve supply chain linkages and manage food prices effectively.
Budget 2024: Bankers hope tax changes make FDs more attractive
Posted on: 25 Jul, 03:18 PMIn her budget speech on Tuesday, finance minister Nirmala Sitharaman proposed to hike the short-term capital gains tax on all listed equity instruments to 20% from 15%. Long-term capital gains on listed equity instruments and specified financial and non-financial assets have been hiked to 12.5% from 10%. Moreover, the indexation benefit has also been removed from all the assets for computing long-term capital gains which will disallow any inflation adjustment, increasing the tax outgo.
After India Stack, why Sitharaman proposed another stack for economic boost
Posted on: 25 Jul, 03:18 PMThe agriculture sector in India supports 42.3% of the population and contributes 18.2% to the GDP. Despite challenges, the Economic Survey 2023-24 advocates for leveraging technology and policy reforms, such as the Agri Stack initiative, to formalize the sector, boost productivity, increase farmer income, and drive economic growth. Agri Stack aims to address issues like poor land records, enhance credit access, improve data management, and facilitate better policy interventions, ultimately benefiting both farmers and the economy as a whole.
What numbers tell: Elon Musk might need India now
Posted on: 25 Jul, 03:18 PMTesla CEO Elon Musk earlier this year canceled a planned visit to India citing heavy obligations. Despite initial plans, Tesla hasn't re-engaged with India, reportedly due to capital issues. India's EV policy might shift focus to reward other investors.
Grilled by both Republicans and Democrats, US Secret Service director resigns. Here's what happened
Posted on: 25 Jul, 05:18 AMTestifying before the House Oversight Committee Monday, Kimberly Cheatle angered lawmakers, leading to bipartisan calls for her resignation.
'Weakened' Modi's budget 'doles out pork' & jobless 'get some love' — global media
Posted on: 25 Jul, 05:18 AMOther reports highlight how budget has prioritised employment & demands by BJP's allies, Neeraj Chopra as fuel for India's Olympic dreams, and indie films.
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Go back to ‘motherland’ India, says Pannun after Canada Hindu MP talks of temple vandalism
Posted on: 25 Jul, 05:18 AMIn his latest video, Khalistan separatist tells Chandra Arya & his followers that they have no place in the country. Only Khalistan Sikhs are loyal to Canadian values, he claims.
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Budget 2024 shows Modi govt's priority areas have changed after election results
Posted on: 25 Jul, 05:18 AMThe 2024 Lok Sabha election results' impact is evident in the differences between Nirmala Sitharaman's interim and Union budgets, but nothing that disrupts the govt's business-as-usual approach.
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Fadnavis trying to jail & kill me, says Maratha activist Jarange-Patil after ending hunger strike
Posted on: 25 Jul, 05:18 AMMaharashtra Deputy CM responds that he had no role in court warrant against Jarange-Patil, adds activist's extreme reaction was due to hunger strike.
Yogi, Maurya rift out in open — veiled barbs, quota missives & back-to-back meetings
Posted on: 25 Jul, 05:18 AMMaurya’s letter on quota came to light days after Anupriya Patel’s letter to UP CM. Yogi loyalists see bid to weaken CM.
Sukhbir Badal appears before Akal Takht, hands over written explanation ‘surrendering’ to its decision
Posted on: 25 Jul, 05:18 AMSAD chief clarified position on rebel leaders’ charge that he had ‘failed to satisfactorily represent’ Sikh community. If found guilty by Takht, Badal could be given religious punishment.
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'Forgets 26 other states & 8 UTs': Abhishek Banerjee, Tharoor blast Modi govt's Budget in Lok Sabha
Posted on: 25 Jul, 05:18 AMDMK’s Dayanidhi Maran & Samajwadi Party’s Birendra Singh equally scathing in their criticism of Modi govt. PM working only for those who support him, says MP from Tamil Nadu.
NCP row: Sharad faction can use 'NCP-Sharadchandra Pawar' name till further orders, SC says
Posted on: 24 Jul, 07:18 PMNews News: The Supreme Court has granted permission to the Sharad Pawar faction to use the name 'NCP-Sharadchandra Pawar' until further orders. The Court has also allowed Sharad Pawar to move the Election Commission for allocation of party symbol. Read more.