The job opportunities spanned finance and insurance (1.47 million), operations and support (about 108,000), other service activities (75,000), manufacturing (71,000), transport and storage (59,000), IT and communication (58,000), education (43,000), wholesale and retail (25,000) and health (20,000).
Addressing his first ever post-budget meet organised by an industry grouping, Modi credited Indian firms with being “wealth creators” and the driving force of the country’s growth story.
SpiceJet in Mumbai has delayed June salary payments and previously defaulted on provident fund contributions. Despite the situation, SpiceJet states that 95% of staff have been paid in phases and aims to settle outstanding provident fund dues. The airline continues to prioritize clearing these financial obligations for its 8,000 employees.
With the third season of From set to premiere later this year, excitement is mounting. New teasers hint at a chilling twist for lead character Boyd.
Commerce minister Piyush Goyal confirmed that India is not reassessing its stance on easing Chinese investment norms, despite recommendations from the Economic Survey. He also mentioned that India will consider the European Union's proposal to implement its own carbon tax system in response to the EU's carbon border adjustment mechanism (CBAM).
The Uttar Pradesh Assembly passed a bill on Tuesday that amends the Unlawful Conversion of Religion Act, increasing the maximum punishment to life imprisonment and a fine of Rs 5 lakh for violators. The amended provisions of the Uttar Pradesh Prohibition of Unlawful Conversion of Religion Bill, 2024, classify certain crimes as the 'most serious'.
The panel wants private and public sector domestic steel companies to work together and develop a domestic index for coal pricing which will mitigate volatility in imported coking coal prices by bringing transparency and coordination among buyers, they said. This would also insulate domestic companies from price manipulation by overseas players, according to the panel.
TA Associates, Multiples PE, and KKR have made non-binding offers to invest ₹830 crore for a 25% stake in Eye Foundation, valuing it at ₹3,360 crore. With an expected EBITDA of ₹140 crore for FY25, the eye care chain's asset-light, scalable model is drawing substantial private equity interest.
Indian shooters Manu Bhaker and Sarabjot Singh clinched the mixed team bronze medal at the Paris Olympics, making Bhaker the first Indian woman to win two medals in the same Games since 1900. Bhaker's consistency and Singh's composure under pressure signaled a change in fortunes for Indian shooting, with a renewed focus on structured training and coaching systems leading to hopes of more medals in upcoming events.
Finance Minister Nirmala Sitharaman outlined a budget focusing on growth, employment, and fiscal consolidation, addressing inequality through economic expansion. She decried efforts to undermine domestic entrepreneurship and foreign investments. The Lok Sabha passed the ₹48.21 lakh crore budget, with increased allocations for agriculture and social sectors. Improvements in household savings and employment were highlighted.
Some kinds of swimsuits are not allowed to be worn by swimmers at the Olympic events, be it in the men's or women's events. There are certain rules around swimming costumes which need to b adhered to by all countries at the Olympics and these particular rules are consistent with the Paris Olympics 2024 as well.
India experienced a 5% decline in gold demand year-on-year for Q2 2024 due to high prices. Jewellery sales dropped 17%, whereas gold bars and coins saw a 46% increase. Despite lower volume, the value of gold demand increased 14%. Import duty reductions might spur interest in the coming festive season.
India has actively advocated for controlling the nuclear proliferation axis between Pakistan and North Korea, which is linked to the Abdul Qadeer Khan network, at the Tokyo Quad Foreign Ministers' meeting. Through intensive negotiations, India ensured the inclusion of references addressing the proliferation of nuclear and missile technologies related to North Korea in the joint statement.
Marathon meetings were held between BJP and RSS leaders to improve coordination before assembly polls in three states. Haryana's meeting saw key figures like Chief Minister Nayab Saini and RSS joint general secretary Arun Kumar. Discussions for Jharkhand and Maharashtra were also held, with some reservations about the alliance with Ajit Pawar-led NCP.
BJP chief and Union Health Minister JP Nadda described the budget as one that provides stability, continuity, and good governance. He made these remarks during a debate in the Rajya Sabha on Tuesday. Nadda also criticized the Congress for its criticism of the budget, which it claimed was a "copy-paste."
A Punjab court convicted 17 individuals in an 11-year-old money laundering case, including former DSP Jagdish Singh Bhola and his wife. Bhola received ten years in prison and a fine. The sentences for the others ranged from three to ten years. The ED's investigation led to the attachment of Rs 95 crores in assets.
IDFC First Bank's CEO V Vaidyanathan mentioned that the bank reduced its need for aggressive deposit and branch expansion as it transitioned to retail deposits. Provisions were projected to remain elevated in the near term due to asset quality issues, with improvement expected from Q3 onwards. The bank adjusted its deposit and credit growth targets accordingly.
Union health minister JP Nadda assured that the Centre would provide all the help to deal with Wayanad landslide. Several MPs expressed concern about the incident and demanded financial assistance from the government.
Preeti Sudan, a 1983 batch IAS officer, is set to assume the role of UPSC chairman following Mahesh Soni's resignation. Sudan has served in various significant capacities, including union Health Secretary, and has played key roles in national initiatives like Ayushman Bharat and Beti Bachao, Beti Padhao amidst a controversy involving IAS officer Pooja Khedekar.
Amy Wilson-Hardy has made headlines due to an alleged racism row. The key player in Britain's Olympic rugby sevens team was "withdrawn on medical grounds"
The Supreme Court declined to review its April 26 decision rejecting petitions for VVPAT slip tallying with EVM votes in the Lok Sabha elections. The bench, led by Justice Sanjiv Khanna, determined no basis for review. The court also labeled the petitioners' push to revert to ballot papers as regressive.
Revenue secretary Sanjay Malhotra said the government had studied 1.05 million returns for 2023-24 that showed capital gains from land and building. The effective LTCG tax rate on these was 11.54% on real estate in 2022-23, he said. The budget announced removal of indexation benefits for LTCG on properties but slashed the tax rate to 12.5% from 20%, fuelling concerns over an increase in tax burden.
Samajwadi Party's Akhilesh Yadav criticized BJP leadership post-election losses in UP, hinting at internal rifts and lack of action against responsible party member. He alluded to a video showing leaders not greeting each other. Addressing Lok Sabha during budget discussion, Yadav's remarks sparked reactions from opposition and some BJP members. While not naming anyone, speculation arose about references to reported conflicts between Yogi Adityanath, Amit Shah, and Keshav Prasad Maurya.
India is closely monitoring the activities of Islamic State Khorasan Province (ISKP), an offshoot of ISIS, which is gaining influence in Afghanistan and nearby regions. Additionally, India is enhancing counter-terrorism cooperation with Eurasian countries to address this threat.
The court acquitted them giving them benefit of doubt. The 15, one of them a Rajasthan Police Service officer, were made accused under various sections of Prevention of Corruption Act and IPC. The special TADA court in Ajmer, which hears the ACB cases, pronounced the judgment.
