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Новости от TheMoneytizer


Август
2024

Новости за 01.08.2024

Economictimes.indiatimes.com 

Drinking cold water

In the sweltering heat of summer, cold water delivered instant relief, quenching thirst and refreshing the body. This cooling effect also cleared thoughts, providing mental clarity and gratitude. Whether shared outdoors or indoors, cold water united people as they embraced a brief sanctuary from the heat, demonstrating its power to provide comfort.

Economictimes.indiatimes.com 

Dubai co inks deal to jointly build hotel, villas in Mussoorie

Dubai-based Atmosphere Living has signed a joint development agreement to invest Rs 550 crore in building villas and a hotel in Mussoorie. The company also plans to expand its holiday home projects in Goa, Lonavala, Himachal Pradesh, and Jaipur, with future international prospects.

Economictimes.indiatimes.com 

Shifting goalposts for fiscal stability

The Indian government transitioned from fiscal deficit targeting to debt path surveillance to effectively manage public debt. This strategy aims to improve fiscal balance post-Covid disruptions, while maintaining strong capital expenditure. Simplified tax administration and direct tax law review are key to enhanced revenue mobilization, supporting an environment conducive to private investments.

Economictimes.indiatimes.com 

Jaypee Group taps global credit funds for Rs 10k crore to bail out flagship firm

Facing financial distress, Jaypee Group is seeking ₹10,000 crore in high-cost financing from global credit funds such as Varde Partners, Ares, Cerberus, and Hillhouse to rescue its flagship company, Jaiprakash Associates Limited (JAL), from insolvency. JAL was admitted for insolvency on June 3 by the NCLT following a petition by ICICI Bank. Key issues include disputes with land authorities and principal repayments due in 2037. The company plans to refinance loans and sell assets, including real estate... Читать дальше...

Economictimes.indiatimes.com 

Wayanad, how much do we really care?

Kerala's Wayanad faced severe rainfall and landslides, highlighting environmental mismanagement. Despite weather warnings, necessary precautions were ignored. Expert Madhav Gadgil noted that the Western Ghats' exploitation contributed to the disaster. Nations must balance development and ecological protection to avoid future calamities. Designating the Western Ghats as eco-sensitive is crucial.

Economictimes.indiatimes.com 

Trai calls up telcos for data on calls made below radar

The Telecom Regulatory Authority of India (Trai) has intensified its efforts to combat spam and robocalls by directing all telecom companies to report data on unregistered telemarketers based on consumer complaints from April to June. Despite the government’s allocation of the 140 series for telemarketers, most spam calls originate from standard 10-digit numbers, complicating consumer identification. Trai's new directive requires telecom firms to provide details of the top 25 complainant numbers... Читать дальше...

Economictimes.indiatimes.com 

Sen, you backhanded compliment you

Lakshya Sen unveiled an incredible shot - a commentator named it a 'matrix move', while fans dubbed it a 'god-level shot' - on Wednesday at Paris during a scorching rally against world No. 3, Indonesia's Jonatan Christie

Economictimes.indiatimes.com 

Immigration mandate may be Kamala Harris' achilles heel

Vice President Kamala Harris sought to address migration from Central America by combating corruption, initiating investments, and promoting human rights. Despite three years of efforts, outcomes have been limited. This has led to criticism as she runs for president, with immigration being a key concern for voters and opponents targeting her track record.

Economictimes.indiatimes.com 

Is Simone Biles the most decorated U.S. gymnast in Olympic history?

Simone Biles has been the biggest sensation in gymnastics at the Paris Olympics 2024 and her miraculous haul of medals across major international championships and Olympics has been something that has been a major feat for any Team USA athlete. Here's some more details around the legendary sportsperson.

Economictimes.indiatimes.com 

OPEC+ sticks to policy of unwinding output cuts

OPEC+ ministers have decided to keep the current oil output policy unchanged, with plans to reduce cuts from October. They also mentioned that these cuts could be paused or reversed if market conditions require it. Recent fluctuations in oil prices have been influenced by demand uncertainties and Middle East tensions, with a policy review expected soon.




Economictimes.indiatimes.com 

India's manufacturing activity slows marginally in July

India's manufacturing sector saw a slight dip in July, with the manufacturing PMI at 58.1, down from 58.3 in June. However, international sales grew significantly, driven by demand from various regions. Input cost inflation and higher labor costs were noted as key factors affecting the sector's performance.

Economictimes.indiatimes.com 

UK Govt open to investing more if Tata Steel builds assets: CEO TV Narendran

Tata Steel UK's CEO, TV Narendran, revealed that the British government is willing to provide further funding if Tata Steel opens additional product lines to mitigate job losses. The company and government had previously agreed on a £1.25 billion investment to transition to an electric arc furnace, with the government contributing £500 million. The transition could make about 2,800 jobs redundant. Tata Steel is exploring additional investments in downstream operations, such as a steel galvanizing line or a scrap processing unit... Читать дальше...

Economictimes.indiatimes.com 

Bharat Small Reactors: Post Budget, India now clear on small nuclear

SMRs are the future for delivering low-carbon electricity, managing renewable intermittency and ensuring baseload concerns of switching to RE. Unlike large nuclear projects, they can be executed anywhere expeditiously and mass-produced. It's time for India to technologically leapfrog in nuclear energy.

Economictimes.indiatimes.com 

Turkey Intelligence mediates in major East-West prisoner swap

In an extensive prisoner swap, 26 individuals from several countries, including the US, Russia, and Germany, were released. Notable figures like US journalist Evan Gershkovich and ex-Marine Paul Whelan were involved. Turkish intelligence coordinated the exchange amid increasing tensions. This significant event signals intricate diplomatic negotiations and international cooperation.

Economictimes.indiatimes.com 

Verdict to let political parties address their constituencies

The Supreme Court’s judgment on Scheduled Castes (SC) reservation is set to enhance benefits for more backward communities and provide political parties with a tool to address their constituencies effectively. Former social justice secretary R Subrahmanyam welcomed the ruling, noting that it enables states to address disparities within SC communities, where some have historically benefitted more from reservations. The judgment allows for a broad methodology to assess community backwardness without detailed surveys.

Economictimes.indiatimes.com 

A volcano of opinions

The article addressed the phenomenon of people having opinions on all topics, despite often being poorly informed. It highlighted the issues with uninformed opinions and advocated for acknowledging one's limitations. The importance of making informed decisions and thinking carefully before speaking was stressed, suggesting that admitting a lack of knowledge can garner respect.

Economictimes.indiatimes.com 

Hire for money, how many?

Nirmala Sitharaman's budget highlighted job creation through employment-linked incentives based on EPFO enrolment. The schemes aimed to financially aid first-time employees and their employers. Despite the well-meaning initiatives, experts argue that the decreasing need for labor due to better technology may impede the expected impact on job growth in formal sectors.

Economictimes.indiatimes.com 

AAP blames Centre over fund crunch

Having wrested the MCD from the BJP with a decisive mandate in December 2024, the AAP is now directly responsible for the municipal and civic governance. However, a number of budget proposals, including refurbishing and clean-up of main and arterial roads, remain, according to people familiar with the matter.

Economictimes.indiatimes.com 

'Bibhav Kumar not ashamed': SC pulls up Delhi CM Arvind Kejriwal's aide

The Supreme Court criticized the behavior of Bibhav Kumar, an aide to Delhi CM Arvind Kejriwal, who is accused of assaulting AAP MP Swati Maliwal. The court questioned Delhi Police on Kumar's bail plea and expressed concern over the allegations. Kumar, arrested in May, allegedly attacked Maliwal at Kejriwal's residence. His bail was previously denied by the Delhi High Court, which cited his potential to influence witnesses. The Supreme Court has scheduled further hearings for August 7.

Economictimes.indiatimes.com 

Justice Bela Trivedi’s dissenting judgment on scheduled castes classification

In her dissenting judgment, Justice Bela Trivedi stated that state legislatures lack the authority to reclassify or subdivide castes listed as Scheduled Castes. She emphasized that actions, even if affirmative, cannot override constitutional provisions. Only Parliament has the power to modify the Scheduled Castes list. Justice Trivedi argued that the classification of Scheduled Castes, defined by constitutional and Presidential orders, is a unified entity that cannot be altered by state legislation. Читать дальше...

Economictimes.indiatimes.com 

Delhi needs storm water drainage plan, say experts

Water flows on the roads even from the rooftops of homes as there is no proper outlet to the drainage system, said architect and urban planner Suptendu P Biswas.

Economictimes.indiatimes.com 

Five killed, over 45 missing after Himachal cloudbursts

Five people were killed and about 45 went missing after cloudbursts struck several areas in Himachal Pradesh, damaging homes, roads, and hydro power projects. Emergency centres were established for disaster monitoring, and Union Home Minister Amit Shah promised full assistance, including deployment of NDRF teams, to Chief Minister Sukhvinder Singh Sukhu.

Economictimes.indiatimes.com 

India & Vietnam adopt action plan for strategic ties

India and Vietnam enhanced their strategic relationship by signing an action plan to boost cooperation in multiple areas, such as maritime security, agriculture, and customs. Prime Minister Narendra Modi underlined the importance of development over expansionism in the Indo-Pacific region. Agreements worth $300 million were finalized to support Vietnam's maritime security. Modi's comments seemed to indirectly address China's territorial claims in the South China Sea. Vietnamese Prime Minister Pham... Читать дальше...

Economictimes.indiatimes.com 

Overnight rain leaves 12 dead in Uttarakhand

Twelve people, including three family members, died, and six were injured due to heavy overnight rains in Uttarakhand, causing flooding and house collapses. Haridwar reported six deaths, Tehri three, Dehradun two, and Chamoli one. A child remains missing in Haldwani. Significant rainfall led to waterlogged roads and submerged homes. Rescue operations for stranded pilgrims on the Kedarnath trek are ongoing, with over 1,500 pilgrims moved to safety. Chief Minister Pushkar Singh Dhami assured aid to affected families. Читать дальше...


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