Country Financial News
23.07 / 00:22
UPS
Dreams
Pride
country
reports
Updates
Budget 2024 Live Updates: Nirmala Sitharaman to present Modi 3.0 government's first budget today
Budget 2024 Live Updates: Finance Minister Nirmala Sitharaman is all set to present her seventh consecutive Union Budget on July 23. This will be the first full financial budget of the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government in its third consecutive term. The Union Budget 2024-25 is expected to focus on revising the income tax structure to benefit taxpayers in all segments and enhancing the ease of doing business in India.
22.07 / 23:38
Target
Election
wellness
President
country
Donald Trump’s return to the White House is guaranteed; here is the reason
US President Joe Biden has decided to end his political campaign. There were numerous concerns pertaining to his health and his chances of victory in the upcoming presidential election in November. Biden has withdrawn from the race but has endorsed Vice-President Kamala Harris. She is expected to receive a presidential nomination during the party’s national convention in August.
22.07 / 22:12
22.07 / 21:43
FIVE
WhatsApp
wellness
country
reports
rights
Investigations
Nigeria fines Meta $220 million for violating data protection and consumer rights laws
Nigeria's government has fined Meta $220 million after its investigations found “multiple and repeated” violations of the country’s data protection and consumer rights laws on Facebook and WhatsApp
22.07 / 21:18
wellness
Experts
country
shock
Updates
This country got a whopping $169.3 billion from China in 20 years, here's the reason
Russia has emerged as the biggest recipient of projects and loans as well as monetary assistance from China under the controversial Belt and Road Initiative. The Asian communist-ruled country has been shocking the world for more than twenty years with its economic strides and stupendous economic growth rate. Russia-China cooperation has soared to such a level that it has set the alarm bell ringing and the Western world, including the US and Europe, are scared. It has deepened global concern over what a partnership between these two powerhouses could cause. Western experts apprehend that China could be taking advantage of Russia's valuable natural resources.
22.07 / 20:41
22.07 / 20:28
BLOCK
Waters
Fighting
Election
country
Courts
rights
California judge halts hearing in fight between state agricultural giant and farmworkers' union
A California judge has temporarily blocked a hearing from taking place in a dispute between one of the state’s most influential agricultural companies and the country’s biggest farmworkers’ union
22.07 / 20:27
UPS
President
Justice
country
social
politician
Estonia's new government is formally appointed. Its first priority is to improve state finances
Estonia’s president has formally appointed a new government after lawmakers in the Baltic country gave the green light to Prime Minister-designate Kristen Michal’s three-party coalition Cabinet
22.07 / 20:24
Citizens
Action
Celebrity
country
Courts
Investigations
International
Anti-whaling campaigner Paul Watson arrested in Greenland. He faces possible extradition to Japan
Greenland police say they have apprehended veteran environmental activist and anti-whaling campaigner Paul Watson on an international arrest warrant issued by Japan
22.07 / 20:23
security
Food
President
country
Investigations
International
Philippine president orders shutdown of Chinese-run online gambling industry employing thousands.
President Ferdinand Marcos Jr. has ordered an immediate ban on widespread and mostly Chinese-run online gaming operations in the Philippines accusing them of venturing into crimes, including financial scams, human trafficking, torture, kidnapping and m...
22.07 / 20:18
security
WhatsApp
country
reports
Department
Courts
Centre lifts ban on Govt staff joining RSS activities
Sangh is seen as an attempt by the BJP-led Union government to improve the equations between the two.
22.07 / 19:15
markets
community
Swimming
country
rights
inequality
International
Eco survey flags impact of AI on workers, puts onus on pvt sector to create jobs
IT sector to find the right balance between deployment of technology and deployment of labour because without labour income and without labor employment, that is no demand growth, which means it comes back to hurt the country's top line and bottom line as well," he said. Pointing to findings from the Staff Discussion Note of the International Monetary Fund published in June 2024 that talk of profound concerns stemming from Generative Artificial Intelligence, or GenAI’s, impact on massive labour disruptions and inequality, the survey said that it would be in the ‘self interest’ of corporate India to seriously create jobs even as they invest in AI across sectors.
22.07 / 19:15
markets
Target
Trade
country
reports
guidelines
International
Export of carbon credits can make India's emissions reduction more expensive
Mumbai: The sale of carbon credits to overseas entities in voluntary carbon markets (VCM) could make India’s emissions reduction more expensive and difficult, the Economic Survey 2023-24 said, adding that India “may not subsidize the transition of other countries". VCMs comprise trading in carbon credits by entities of their own volition to meet their internal emissions reduction targets. The survey noted that there is uncertainty regarding accounting standards when credits are sold internationally and then redeemed by a foreign entity.
22.07 / 19:11
UPS
Provident
Target
Action
economy
Sustainability
country
Need balanced approach to climate change, diversified energy transition: Survey
Economic Survey 2023-24 said there is a need for nearer-term goals for human welfare, rather than just one larger, longer-term target for global climate management. It has also suggested a diversified approach for energy transition with the integration of renewables, alongside exploring nuclear energy and biofuels, wherein thermal power would provide the base-load to support largescale deployment of renewables.
22.07 / 17:30
Provident
poverty
show
performer
country
social
reports
MGNREGS work demand not directly correlated to rural distress: Economic Survey
MGNREGS work demand does not directly correlate with increased rural distress at a micro-level and data from Financial Year 2024 shows states like Kerala and Tamil Nadu, with relatively lesser poor population, use more funds under the flagship rural employment scheme, according to the Economic Survey. The survey found there is a marked variation in the performance of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) across states.
22.07 / 17:17
22.07 / 17:00
22.07 / 16:12
FIVE
Strategy
economy
Trade
President
country
information
Central Asia’s richest state poised for strong economic growth in 2024
Central Asia’s biggest and resource rich state Kazakhstan’s GDP grew by 5.1% in 2023. All major sectors experienced positive growth: construction increased by 13.3%, trade by 11.3%, information and communication services by 7.1%, transport services by 6.9%, and industry by 4.3%. In 2024, the government predicts further growth of at least 5.3%.
22.07 / 16:02
Man
Extreme
Airlines
wellness
country
reports
International
Microsoft outage: Should the power of one of the world’s most sophisticated tech company be curtailed?
global IT outage for the last few days has turned out to be the biggest technological crisis in history. The outage has also revealed the excessive dependency on a single company, Microsoft, that has now come into question, after banks, airlines, and various other important administrative services took a major hit. Even police authorities were not able to man their 911 lines and operations in various countries in the West due to the IT outage, begging the question why Microsoft has become the epicenter of all administrative activities.
22.07 / 15:35
UPS
Provident
Gap
Trade
country
shock
Economic Survey: The government’s recipe for growth, in 12 charts
₹5 crore “with a guaranteed coverage of up to 85%" (Charts 3a, 3b). However, major shocks over the last decade such as the transition to the goods and services tax (GST), demonetisation and covid have seriously affected the sector. The survey calls for ensuring MSMEs are bankable, a focus on employment-intensive MSME sectors, a collaboration between government, industry and academia to increase skills in the labour force, and providing faster clearances to MSME.
22.07 / 14:54
Provident
Remark
country
Courts
Fairfax Financial to acquire Sleep Country for $1.7 billion
TORONTO — Sleep Country Canada Holdings Inc. says it has agreed to be sold to Fairfax Financial Holdings Ltd. for around $1.7 billion.
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