Новости за 24.07.2024

India's NITI Aayog vice chairman Suman Bery discussed the complexities of reducing economic ties with China, job creation, fiscal consolidation, and the importance of state reforms. He emphasized the critical role of Chinese trade in India's competitiveness, particularly in green technology. Bery elaborated on the budget's cash-linked employment incentives aimed at improving youth employability and matching skills with opportunities. He also defended the sharp fiscal consolidation, citing its potential... Читать дальше...

Ajay Seth, Economic Affairs Secretary, highlighted that while employment is a central focus of the budget, it extends beyond that to include a comprehensive package of schemes aimed at enhancing job creation and quality. The budget also emphasizes a forthcoming economic policy framework to drive next-generation reforms, focusing on sustainable growth and job opportunities over the next decade.

The recent customs duty cut in the budget has triggered a rush at jewellery stores as consumers buy gold in preparation for the wedding season. Prices fell sharply after customs duty cut announced in Budget 2024, sparking a 20% increase in demand. Jewellers have canceled artisans' leave to keep up with the surge.

Vice-President Kamala Harris who is also the presumptive presidential nominee of the Democratic party has appointed Jen O’Malley Dillon as the new campaign chief. She had earlier served as the campaign chief and had ensured Joe Biden’s victory in the US Presidential Election in 2020. The recent events surrounding Biden has been severely criticized and hence this appointment of Jen O’Malley Dillon is not being viewed favorably.

Finance Secretary TV Somanathan said, "There is a continued focus on capital investment, fiscal prudence, and macroeconomic stability. If you're running a marathon, you must remain fit, and India is running a marathon towards 2047. The incremental change which has come is a strong focus on employment directly through fiscal incentives, indirectly, through encouragement of MSMEs, which are employment-intensive, and through an improvement of skills. Skilling will provide the way to match the rising demands for labour in industry. Читать дальше...

The budget emphasizes growth alongside fiscal discipline, aiming to elevate India to a 'developed economy' by 2047 through sectors like manufacturing, services, agriculture, and startups. It sets a fiscal deficit target of 4.9% for FY25, reducing to 4.5% by FY26 to lower the cost of capital and attract long-term investments.

In 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.

The US has seen a notable surge in polymer fume fever cases, or 'Teflon flu,' due to fumes from overheated nonstick cookware. Over 3,600 instances were documented in the last 20 years, with record cases in 2023. Researchers advised safer cooking options like earthen cookware.

Opposition leader Mallikarjun Kharge clashed with Finance Minister Nirmala Sitharaman in Rajya Sabha over budget allocation, accusing the government of favoring certain states. Sitharaman refuted the claim, stating it's impractical to name every state in budget speeches. The Opposition walked out during her response.

The eagerly awaited series "Time Bandits," featuring Lisa Kudrow and created by Taika Waititi, Jemaine Clement, and Iain Morris, has captivated audiences with its thrilling and adventurous storyline.

Senior Congress leader P Chidambaram requested changes to the budget, including a daily minimum wage of ₹400, a legally guaranteed MSP, and abolition of NEET and the Agnipath Scheme. Other MPs provided varying feedback on the budget's policies and inclusivity.

India has been deputing senior ministers and leaders to Iran on important occasions in the backdrop of the nature of the partnership. Earlier this year, Vice-President Jagdeep Dhankar represented India at Iran's former president Ebrahim Raisi's funeral. Raisi played a key role in the bilateral pact that will allow India operations of the Chabahar Port for 10 years. India had played a role in Iran's Brics membership last year.

In the new Parliament House, which replaced the old circular one known for its navigational challenges, confusion persists due to restricted areas and unfamiliar layouts. Foreign visitors and accompanying staff have struggled to find their way, occasionally getting lost but discovering artifacts and wall engravings in the process.

Opposition members in Lok Sabha criticized the budget for its employment-linked incentives, neglect of specific states, and lack of commitment to farmers' demands. Congress MP Kumari Selja raised concerns about the viability of these initiatives. BJP's Biplab Deb defended the proposals, stating they would lead to economic progress and job creation. Other MPs voiced varied opinions on the budget's focus.

India's private sector activity surged to a three-month high in July, driven by strong manufacturing and service sectors, according to the HSBC Flash India Composite Output Index which reached 61.4. This positive trend marked 36 consecutive months of expansion. Backlogs of work increased, leading to the best employment growth in over 18 years. Inflation remained a concern with rising input costs for materials like coal and steel, and essentials such as eggs and vegetables. New orders and favorable... Читать дальше...

The Balakot air strike happened on February 26, 2019. The Balakot air strike piloted Mirage 2000 fighter jets that crossed the Line of Control (LoC) and incinerated the Jaish-e-Mohammed terror camp in Balakot, Pakistan. The air strike was piloted in response to the Pulwama attack.

The Delhi High Court dismissed petitions by two accused in a money laundering case tied to ex-CBI director AP Singh and meat exporter Moin Qureshi. The court held that the ED's actions under the PMLA were justified and the accused were rightly summoned to uncover the money trail. The ruling also dismissed arguments against Section 50 of PMLA.

India and the United Kingdom launched a 'Technology Security Initiative' to enhance their strategic partnership, announced during UK Foreign Secretary David Lammy's visit. Coordinated by National Security Advisors, the initiative will prioritize critical and emerging technologies, with progress reviewed biannually. A bilateral mechanism to promote tech trade will be established, addressing licensing and regulatory issues.

A group of farmers, along with Congress MPs, met Opposition Leader Rahul Gandhi to express dissatisfaction over the budget's omission of a legal guarantee on minimum support prices. Gandhi promised to address their demands, hinting at potential protests. Farmers from several states were present.

Marvel Studios' chief Kevin Feige recently teased the possible return of iconic characters Iron Man and Captain America. Robert Downey Jr.'s Tony Stark and Chris Evans' Steve Rogers have left an unforgettable impact on the fans.

YS Jagan Mohan Reddy of YSRCP protested at Jantar Mantar against post-poll violence in Andhra Pradesh, blaming TDP for the unrest. He urged for President's rule and gained support from various parties including AIADMK and INDIA bloc. TDP MPs countered by accusing Reddy of diversion tactics.

The Bihar Legislative Assembly passed the Bihar Public Examinations (Prevention of Unfair Means) Bill, 2024, aimed at curbing paper leaks in competitive and recruitment exams. Introduced by Parliamentary Affairs Minister Vijay Kumar Chaudhary, the bill was passed with a voice vote despite opposition members walking out.

The Army officials said that following a specific intelligence input, Army and police launched a joint search operation in the Kowut area of Kupwara during which they came in contact with the infiltrators. This led to intense exchange of fire in which an infiltrator was killed and a Non-Commissioned Officer Naik Dilwar Khan was injured. Khan later succumbed to his injuries.

Scientists began exploring the links between faith, religion, spirituality, and neural activity. Spiritual practices like yoga and meditation have positive neural impacts, unlike psychedelics or virtual reality. The Dalai Lama's Mind and Life Institute has promoted research collaboration. Understanding this intersection holds significant promise for enhancing health and well-being.

India has observed 8 years of inflation targeting (IT) since its implementation in September, yielding positive outcomes like stable headline inflation and enhanced monetary policy transmission. Despite these successes, there have been calls to modify the IT framework, particularly by targeting core inflation instead of the CPI headline, which includes volatile food prices. Proponents argue that monetary policy struggles to control supply-driven food inflation and that core inflation is a more stable target.