Automobile, pharma, tourism sectors expected to grow at rapid pace: PM Modi
Posted on: 26 Jul, 11:18 AMAutomobile, pharma, tourism sectors expected to grow at rapid pace: PM Modi
Suspecting her fidelity, man kills live-in partner in Bengaluru with a pressure cooker
Posted on: 26 Jul, 11:18 AMSuspecting her fidelity, man kills live-in partner in Bengaluru with a pressure cooker
Bengal: Toll in illegal firecracker factory blast rises to 9, one arrested
Posted on: 26 Jul, 11:18 AMBengal: Toll in illegal firecracker factory blast rises to 9, one arrested
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Labour minister Mansukh Mandaviya to chair meeting for an integrated system on capturing employment data
Posted on: 26 Jul, 01:18 AMMeeting on Friday to be attended by officials from 20 ministries
S&P Global upgrades Vedanta Resources to 'B-' from ‘CCC+’ on improved capital structure, liquidity
Posted on: 26 Jul, 01:18 AMThe natural resources, energy and technology company has been significantly deleveraging its balance sheet leading to a robust capital structure that supports sustainable growth over the long term.
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Uber, Lyft, DoorDash Prevail in California Gig-Worker Ruling
Posted on: 25 Jul, 08:18 PMUber Technologies Inc. and Lyft Inc. can keep classifying California drivers as independent contractors, after the state’s top court said a company-backed law passed by voters doesn’t wrongly curtail the legislature’s power over worker protections.
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.
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.