The US Consumer Product Safety Commission (CPSC) said it has issued an order for Amazon to propose remediation plans to notify consumers about the hazardous products and to remove them from consumers' homes by encouraging returns or destruction.
Finance Minister Nirmala Sitharaman addressed questions in Lok Sabha, comparing UPA's FY14 expenditure to current spending and clarifying state budget allocations. She assured all states are funded, responded to criticisms of Adani and Ambani, and detailed PM Kisan disbursements. Sitharaman criticised Karnataka and West Bengal CMs for fund usage, emphasised inclusivity in the budget, and highlighted capex growth and sectoral allocations for development and employment.
Paris Olympics 2024 has now seen yet another act of sabotage as optic fiber cables were cut in various regions of the city to disrupt the communication and Internet networks. This incident comes in shortly after the arson attacks that crippled the railway network systems of the city.
Gold prices jumped by Rs 550 to Rs 71,600 per 10 grams in the national capital on Tuesday following strong demand from jewellers and firm global trends. In the previous trade, the precious metal had closed at Rs 71,050 per 10 grams.
A survey conducted by the Angus Reid Institute has found that Vice-President Kamala Harris has a slight edge over former President Donald Trump in the upcoming presidential election in November. The voters will be focusing on key issues such as the economy, the future of American democracy and various other foreign policy issues. Different demographic groups support different candidates.
Union Health Minister J P Nadda emphasized the importance of a One Health approach, integrating human, animal, and environmental health, to tackle zoonotic diseases like Nipah and Covid-19. The National One Health Mission aims to enhance disease surveillance, research, and pandemic preparedness, supported by a financial outlay of Rs 386.86 crore.
Apple explained in the paper that its main aim is to assist users with everyday tasks. “Our models are designed to help users with daily activities across their Apple products, reflecting Apple’s core values and adhering to our responsible AI principles at every stage,” it said.
A violent knife attack at a Taylor Swift-themed dance event in Southport, northern England, resulted in the death of three children and critical injuries to several others. The incident has stunned the local community and the nation. Merseyside Police have detained a 17-year-old suspect and are currently investigating further.
The Indian space tech sector saw a 7% rise in funding on year at $126 million in 2024. Skyroot Aerospace is the highest-funded active space technology startup in India, with an overall funding of $99.8 million, followed by Pixxel ($71.7 million) and Agnikul ($61.5 million).
Post-Covid complications can impact various organs, including pulmonary and cardiovascular systems, according to ICMR. Common symptoms include fatigue, dyspnea, and mental health issues. Vaccination is associated with fewer complications and improved outcomes, with only 16% of deceased patients having been vaccinated.
Standard Chartered's profit from India remained unchanged at $204 million in the first half of 2024 compared to a year earlier despite a 5% rise in income as expenses rose year on year. A fall in profit in China however, has put India on par with its neighbour as the fourth most profitable market for the bank.
Adani Energy Solution commenced a qualified institutional placement, targeting to raise up to $1 billion. The floor price has been set at Rs 1027.1 per share. This fundraising comes after the group's stock prices rebounded from a significant drop after allegations of fraud last year.
EaseMyTrip has announced plans to hire over 500 interns across India over the next 3-6 months to support the government's new internship scheme. Interns will be placed in departments such as sales, marketing, and customer care. The scheme aims to provide internships to 1 crore youth in 500 companies over five years, with financial support for training.
The government has received two requests for forming the 8th Central Pay Commission, but no proposal is under consideration at this time. The 8th Pay Commission is scheduled to be implemented on January 1, 2026. The 7th Pay Commission was established in 2014 and its recommendations took effect in 2016.
Currently, India has two p ersonal income tax regimes. In the old income tax regime, the tax rates are relatively high but taxpayers can claim several exemptions and deductions. However, in the new tax regime, tax rates are lower but fewer deductions. Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there were apprehensions as to whether people would shift to the simplified tax regime.
The Delhi High Court has dismissed the case against Hero MotoCorp chairman Pawan Kant Munjal, which was filed by the Directorate of Revenue Intelligence (DRI) over allegations related to foreign currency.
The DTIS was launched by Defence Minister Rajnath Singh in May 2020 with an outlay of Rs 400 crore to set up state-of-the-art testing facilities in collaboration with private industry and central/state government, promoting indigenous defence production, reducing imports and enhancing self-reliance, the statement said.
Minister of State for Finance Pankaj Chaudhary noted on Tuesday that the government’s emphasis on improving the ease of doing business, enhancing skills, generating employment, and building infrastructure supports the growth of household income and savings. Despite this, household savings have decreased to 18.4% of GDP in FY23 from 20.1% in FY22.
A bench of Justice Hima Kohli and Justice Sandeep Mehta was hearing a plea filed by the Indian Medical Association (IMA) alleging a smear campaign by Patanjali Ayurved Ltd against the Covid vaccination drive and modern systems of medicine.
Three students died due to basement flooding at Rau's IAS Study Circle in Old Rajender Nagar. The incident raised concerns about UPSC coaching centers' safety. The Municipal Corporation of Delhi sealed 13 centers' basements, highlighting the need for stricter safety regulations. New guidelines mandate proper infrastructure and safety compliance at coaching centers.
The first half of 2024 saw over 30 million sq ft of office space absorbed, an 18% increase from H1 2023, according to Vestian. Demand for grade-A offices remains strong across India's top seven cities, with 2024 expected to exceed 60 million sq ft. Bengaluru led Q2 2024 absorption at 25%, followed by Hyderabad and Mumbai. The IT-ITeS sector dominated, accounting for 38% of absorption. New completions also rose by 17% in H1 2024
Finance Minister Nirmala Sitharaman criticized Congress for rejecting the MS Swaminathan report on MSP, citing a UPA cabinet note that claimed it would distort the market. She highlighted the increase in agricultural allocation from Rs 21,934 crores in 2013-14 to 1.23 lakh crores in 2024-25, and the Modi government's implementation of the PM Kisan scheme, benefiting over 11 crore farmers.
