Month: July 2024

Union Budget gives a leg-up to MSMEs, manufacturing sector

July 23, 2024 admin

Watch: Union Budget gives a leg-up to MSMEs, manufacturing sector The Union Budget for 2024-2025 has a package of support measures for the Micro, Small and Medium-scale Enterprises (MSMEs) and the labour-intensive manufacturing sector. According to the Economic Survey tabled on Monday, the contribution of MSMEs to all-India manufacturing output in FY 22 was 35.4%…

Business

Budget 2024: Under-spending brightens allocations for science ministries, depts.

July 23, 2024 admin

Representative image. | Photo Credit: Lucas Vasques/Unsplash The allocations for the traditional science Ministries and departments in the Union Budget presented by Union Finance Minister Nirmala Sitharaman on Tuesday present a dull picture against the 2023-2024 figures. However, the picture brightens up if their continuing under-utilisation is taken into account. The Department of Science and…

Science

Budget 2024: What is taxonomy for climate finance? | Explained

July 23, 2024 admin

The story so far: The 2024 Union Budget, presented by Finance Minister Nirmala Sitharaman on Tuesday, includes developing a taxonomy for climate finance to enhance the availability of capital for climate adaptation and mitigation. “This will support achievement of the country’s climate commitments and green transition,” Ms. Sitharaman said in her speech. What is taxonomy…

Business

Revised income tax slab rates, Budget 2024: Salaried individuals stand to save up to ₹17,500, standard deductions hiked

July 23, 2024 admin

The Finance Minister had stated in her address that more than two-thirds of the taxpayers had availed the new regime in the previous fiscal year. | Photo Credit: The Hindu Altering the structure for taxation of income under the new regime, Finance Minister Nirmala Sitharaman on Tuesday revised the tax slabs whilst retaining the erstwhile corresponding…

Business

Bangladesh Student Group Leader Suspends Protests For 2 More Days

July 23, 2024 admin

“During the 48 hours we will not hold any protests”: Nahid Islam (File) Dhaka: The leader of student demonstrations in Bangladesh that spiralled into widespread violence extended a suspension of protests for 48 more hours on Tuesday. “During the 48 hours we will not hold any protests. Our demand is the government restore the internet,…

World

FIFPRO, European Leagues To File Joint Complaint Against FIFA Over ‘Unsustainable’ Match Calendar

July 23, 2024 admin

File image of Kylian Mbappe.© Reuters FIFPRO Europe and European Leagues have released a joint statement stating their intentions to file a complaint with the European Commission against FIFA over the match calendar. “The international match calendar is now beyond saturation and has become unsustainable for national leagues and a risk for the…

Sports

Young Pilot, Living Her Dream, Killed In Crash Shortly After Skydivers Exit Aircraft

July 23, 2024 admin

The victim was employed by Skydive the Falls in Youngstown, New York A young pilot died in a “fluke” accident shortly after a group of skydivers exited her plane in upstate New York. The Niagara County Sheriff’s Office confirmed that Melanie Georger, 26, was killed while flying her single-engine Cessna, which crashed on the Niagara…

World

Budget 2024: What is in store for labour? | Watch

July 23, 2024 admin

Watch: Budget 2024 | What is in store for labour? In her seventh budget speech, Finance Minister Nirmala Sitharaman announced three new employee-linked incentive schemes in the Union Budget for 2024-25. The three schemes, which are part of the Prime Minister’s package, will align with enrolment in the Employee Provident Fund Organisation and focus on…

Business

Olympics 2024: Aiming For First Olympic Medal, India Archer Deepika Kumari Reveals Chances

July 23, 2024 admin

India’s ace archer Deepika Kumari is confident of the team’s chances in the Paris Olympics. She said clear communication in tough situations will benefit them in the quadrennial event. Indian archers will compete in all five medal events in Paris: men’s and women’s teams, individual, and mixed categories. The women’s team boasts exceptional…

Sports

Budget 2024-25: Infrastructure – The Hindu

July 23, 2024 admin

The construction of Coastal Road Project is underway, at Haji Ali, Worli, in Mumbai. File | Photo Credit: PTI Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 on July 23, 2024, stressing on her government’s nine priorities. Click here for The Hindu’s live coverage of the Union Budget 2024-25 Ms. Sitharaman said that…

Business