Country Financial News

countries, the 2024 Summer Olympics in Paris are expected to be a spectacular occasion. The Games will take place in Paris and sixteen other towns in the metropolitan region of France from now until August 11; there will also be an event in Tahiti. In commemorating the 100th anniversary of the inaugural Paris Olympics in 1924, France will host the Olympics for the sixth time this year, as per the reports of Yahoo Sports.

Kamala Harris may face an obstacle on the road to White House. Everything is working in her favor. She has been endorsed by many of the Democrats, raised record amount of funds and the Republicans are in a state of disarray. There is one challenge though. This has been reported by The Hill.

adventure trips are gaining traction. An increasing tribe of travellers are also clubbing sports activities while vacationing abroad.

NGMA, National Gallery of Modern Art, at Jaipur House off Delhi's India Gate gol chakkar, is a sanctuary. From heat, hubbub, and humanity.

BJP in West Bengal criticised Chief Minister Mamata Banerjee for walking out of the NITI Aayog meeting in New Delhi on Saturday, claiming that it was a «drama» aimed at reaping political dividends. BJP's Rajya Sabha MP Samik Bhattacharya said it was a «weak script» prepared by Banerjee.

China won its first gold medal in diving on Saturday on the first full day of competition in the Paris Olympics, a perfect start for the team of Chang Yani and Chen Yiwen. China has ruled diving for decades, and three years ago in Tokyo, it won seven of eight gold medals. But, it's never pulled off the elusive gold sweep. That's the goal this time.

Gujarat Chief Minister Bhupendra Patel emphasised that Gujarat is advancing towards becoming a USD 3.5 trillion economy by 2047.

REC on Saturday posted a 16.57 per cent rise in consolidated net profit to Rs 3,460.19 crore for the June quarter, mainly on the back of higher revenues. In the year-ago period, its net profit stood at Rs 2,968.05 crore, the company said in an exchange filing. Total income rose to Rs 13,092.44 crore from Rs 11,108.16 crore in the same period a year ago. Expenses stood at Rs 8,743.22 crore against Rs 7,386.99 crore a year ago.

railways compared to other states.

sugar sector, which he said would be crucial in making India a developed economy by 2047. Kant's comments come as the industry presses for lifting a sugar export ban and increasing the minimum selling price of sugar in line with cane prices, among other demands.

Electric Mobility Promotion Scheme 2024' by two months, i.e., until September 30, said the Ministry of Heavy Industries.

Rajasthan government will provide reservation for Agniveers in the recruitment of jail and forest guards and state police, Chief Minister Bhajanlal Sharma has said. A statement from the Chief Minister's Office on Saturday said Sharma made a big announcement for Agniveers on the occasion of Kargil Vijay Diwas (July 26).

equity and debt this month (till July 26). FPIs were consistent buyers as the Union Budget 2024-2025 focused on fostering a stable and mature equity investment environment.

Philippine tanker has started to leak into Manila Bay, the coast guard said Saturday, calling for a suspension of fishing in the waterway.

capital gains tax rates is a welcome and logical change by the government. Under the new tax rules, stock investing will now attract a 12.5% Long-term capital gains tax (previously 10%) and 20% Short-term capital gains tax (previously 15%). Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount of capital gains increases. And as Finance Secretary Somnath explains, analysis of the tax base shows that capital gains tax doesn’t really impact the middle class. 88% of the capital gains income is earned by individuals with an income above Rs. 15 Lakh and 62% by those with an income greater than Rs 1 crore. The investing community in India is a minority demographic that benefits from a tax rate much lower than the marginal rate, a standard tax rate for income earned by salaried and other business incomes. Even with the new rates, we’re still much below the marginal tax rate.

South China Sea, escalating fighting in Myanmar, and regional rivalry. Meetings on Saturday will bring together in the same room allies of the Association of Southeast Asian Nations — including the United States, China, Russia, Japan, India and Australia — to bolster their relationships and discuss key security issues and other regional affairs.

UAE-India CEPA entered into force in 2022, trade between the two countries has grown remarkably by 16.41 percent with total trade growing from $72.87 billion in 2021-2022 to $84.84 billion in 2022-2023, according to UAE Minister of Economy Abdulla Bin Touq Al Marri who was recently in Chennai. In a wide-ranging interview with ET’s Dipanjan Roy Chaudhury, Al Marri mentioned that CEPA has strengthened collaboration to promote startups through exchange of best practices between accelerators, incubators, and other such ecosystem stakeholders

Congress President Mallikarjun Kharge over Kargil Vijay Diwas, Haryana Chief Minister Nayab Singh Saini said that on such an auspicious day, the Congress is busy spreading lies and misleading the youth.

Kamala Harris signed the forms, officially declaring her candidature for the US presidential elections, assuring that her people's-powered campaign will win in November.