Congress critiques the Economic Survey 2023-24 as overly optimistic. Jairam Ramesh highlights economic distress, 10% food inflation, unequal COVID recovery, and rural 2-wheeler sales drop. He advocates gig worker protections, Right to Apprenticeship, a minimum wage hike to ₹400/day, expanded Anganwadis, and ending tax terrorism. Nyay Patra-2024 is proposed for solutions.
Neymar, a Brazilian soccer player, recently celebrated the birth of his third kid with model Amanda Kimberlly. In addition, he has a son with Carolina Dantas, his previous partner, and a daughter with Bruna Biancardi, his ex-girlfriend.
Lok Sabha Speaker Om Birla has urged political party floor leaders to avoid bringing placards in the House during a business advisory committee meeting. The 20-hour budget discussion will allow parties to raise various issues, with Rajya Sabha likely to discuss appropriation and finance bills for nearly eight hours.
Keppel acquired One Paramount 1 in Porur, Chennai for ₹2,100 crore from RMZ Corporation and CPP Investments. This 2.4 million sq ft tech park with an 8.5% cap rate hosts tenants like Genpact and Maersk. RMZ, in a 2021 joint venture with CPP, plans $25 billion in assets over five years despite challenges, contrasting global real estate trends.
A government report reveals that over 100 pharma units' cough syrup samples failed quality tests, showing the same toxins linked to child deaths in Gambia, Uzbekistan, and Cameroon. The Central Drugs Standard Control Organisation's analysis found 353 out of 7,087 batches sub-standard,. Issues include unsecured supply chains and inadequate testing.
At the Paris Olympics, starting July 26, athletes like Ilona Maher and Ariana Ramsey leverage social media for fame, continuing from Tokyo. Google's Kate Johnson notes YouTube growth. Visa and Samsung provide aid. Signify and Asics offer anti-abuse measures. Athletes handle second jobs, Instagram deals, and aspire for apparel brands, engaging at Team USA summit.
Blinken will hold security talks with U.S. allies Japan and the Philippines before visiting Singapore and Mongolia, Kritenbrink said. He will also stop in Vietnam to attend the funeral of General Secretary Nguyen Phu Trong, who died last week, the State Department said.
Bhutani Group acquires WTC Noida to complete ₹3,000 crore projects. WTCA licenses the brand for construction in Noida, Chandigarh, and Gurugram, covering 30 million square feet. Bhutani is also developing Uttar Pradesh's Film City. Five WTCs are under construction, with future projects in Varanasi, Amritsar, Lucknow. Total of 13 World Trade Centers, with new launches soon.
Though US President Joe Biden earlier said that he wouldn't pardon his son, Hunter Biden, it will be interesting to see if he sticks to his earlier announcement or has a second thought after quitting the US Presidential Election. Donald Trump has slammed the president on the issue and mockingly said that he will save his son after being elected president.
RPG Group’s CEAT has a ₹1,000 crore capex to counter rising natural rubber and freight costs, with staggered 1.5-2.5% price hikes and an additional 5-6% expected. Margins dropped 300 basis points in June and remain pressured in the second quarter. Investments improve R&D, IT, and factory efficiency, expand specialty tyres at Chennai and Ambernath, and de-bottleneck Halol.
The Economic Survey 2023-24 emphasizes airline efficiency, sustainability, and airport expansion as passenger numbers rose by 15% to 376 million in FY24. Bankruptcy cases persist. Plans include doubling the number of airports to 300 and improving long-haul connectivity. A national policy will address security, immigration, and international flying rights to establish airports like Delhi as global transit hubs.
The Palestinians were killed by tank salvoes in the town of Bani Suhaila and other towns just east of the southern city of Khan Younis, with the area also bombarded by air, they said. The Gaza health ministry said the dead included several women and children and that dozens of other people had been injured by Israeli fire.
Rajya Sabha Chairman Jagdeep Dhankhar is encouraging members to give notices online instead of hard copies, despite concerns about the potential for hacking. The Economic Survey highlights unhealthy habits, particularly among the working-age population, and calls for a focus on CSR to revive India's traditional lifestyle. UP CM Yogi Adityanath has also called for a foolproof power arrangement during the Maha Kumbh preparations, despite power outages during the meeting.
"Gen V," developed by Craig Rosenberg, Evan Goldberg, and Eric Kripke, is a spinoff of "The Boys" TV series. This black comedy adaptation is based on "The Boys Volume 4: We Gotta Go Now" by Garth Ennis and Darick Robertson.
Regional OTT platforms like Stage and Chaupal are raising capital due to plateauing growth. Stage raised ₹40 crore from Blume Ventures and Planet Marathi $5 million. The FICCI-EY report shows regional content exceeds Hindi. Akshay Bardapurkar and global diasporic audiences drive expansion. Vinay Singhal notes internet and UPI boost regional platforms.
L&T plans to phase out 15-year-old equipment, increase biodiesel use, and adopt renewable energy. Diesel accounts for 65% of emissions from 14,000 machines. Construction contributes 85-90% of over ₹1,31,000 crore revenue in 2023-24. L&T has 500 sites, five-year carbon reduction plans to 2025-2026, a task force, an 8% diesel cut, and seeks to reduce thermal coal usage.
Karnataka government's decision to levy a 2% cess on movie tickets and OTT subscriptions may lead to marginal price increases for consumers. Experts estimate a revenue generation of ₹60 crore for the state government. Implementation effectiveness is crucial for achieving the intended welfare objectives.
Former cricketing legend Sir Geoffrey Boycott has been admitted to the hospital after recent health complications. Sir Boycott has not been able to 'eat or drink' due to his fragile state, say latest reports.
Kamala Harris is the front runner to get the presidential nomination from the Democratic party. The Republicans have planned a multi-pronged approach to target her and put her on the backfoot. They will target her on the administration’s record, democratic credentials of her party among others.
This makes Vijaykumar the second highest paid CEO of an Indian IT company after Wipro’s former chief Thierry Delaporte’s $20 million (around Rs 166 crore) compensation for FY24. In FY24, HCLTech led revenue growth for the industry at Rs 109,913 crore, up 8.3% year-on-year, and net profit at Rs 15,702 crore, up 5.7% year-on-year.
"Homicide: Life on the Street," the acclaimed procedural crime drama, is finally set to make its streaming debut nearly three decades after its original premiere on NBC.
Srinivas, a toy merchant, threatened his wife and children to become sanyasi, wandering with a begging bowl and stick. Mrs. Srinivas treated these threats tolerantly, knowing her husband enjoyed being seen as devout and adventurous. However, when she saw his contented appetite and his armchair on their porch, she writhed indoors, revealing his empty chair with a unfinished lime-juice glass.
True wealth means freedom in various aspects of one's life. That's the difference between being 'rich' and 'wealthy'.
