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Union Budget 2024: India, under PM Narendra Modi’s tenure, has seen a steady increase in healthcare allocation and spending. Even before the Covid-19 pandemic shut down the world, the government had highlighted healthcare as a priority sector. The allocation for health in the recently presented Interim Budget for 2024-25 was especially crucial as India approached the 2025 deadline set by the National Health Policy (NHP) 2017 to increase health expenditure to 2.5% of GDP.

viral photo from an Air India Dreamliner flight to Singapore has sparked widespread criticism of passengers' civic sense. The image, shared by X user Manisha Singhal, depicts a cluttered cabin with a plastic bottle in a poly bag and other scattered trash. «Kuch bhi kar lo, hum nahi sudhrenge!!! (No matter what you do, we won't change!) And nope, not a domestic flight—this is an international, Air India flight—new or old aircraft, we shower equal love on all! This is the @airindia Dreamliner to Singapore—rather a nightmare! When. Will. We. Be. Civil,» Singhal wrote in her post, which quickly went viral, amassing 184.9K views and sparking a deluge of reactions.

Currently, income above Rs 15 lakh attracts a tax rate of 30% under both regimes. This, coupled with the removal of most exemptions and deductions in the new regime, results in a higher effective tax burden for this segment of taxpayers. As such, there is a growing consensus among taxpayers in this bracket that the current tax rates do not adequately reflect the complexities and expenses associated with inflation and higher incomes. Consequently, taxpayers have the following expectations from the coming budget 2024 on July 23, 2024.

New video games are ready to be launched on PlayStation 5, Xbox X/S, PC as gamers have more choices to pick. It’s been more than a decade since we’ve been able to enjoy college football on a video game console, and a lot has changed. For starters, the real-life amateurs can now make a few bucks. That’s good news for Texas quarterback Quinn Ewers, Colorado wide receiver and cornerback Travis Hunter and Michigan running back Donovan Edwards, the cover models for EA Sports College Football 25. The long-awaited reboot lets you play as a coach, building a team from scratch, or as a player, fighting your way to the Heisman Trophy. Or you can just go back to your old school — 134 are represented — and enjoy all the atmosphere, fight songs and mascots you expect on an autumn Saturday.

Cristiano Ronaldo knows how to spend his money in the most lavish and headline-friendly ways. Now, Ronaldo is spending heavily on his new Lisbon mansion that is projected to become the costliest residence ever in the whole of Portugal, says a New York Post report.

Chateau Miraval, Angelina Jolie has pleaded with Brad Pitt to put an end to their legal battles. Before 2021, the pair owned a 50/50 share in the property, but things got ugly when Jolie sought to sell her stake in it. Pitt subsequently brought legal action, arguing that Jolie's transaction went against the marriage arrangement in which he had agreed to have the right to purchase her stock, as per the reports of 'Page Six'.

Supreme Court on Thursday held that the courts deciding an application for appointment of an arbitrator must not conduct an intricate evidentiary enquiry on whether the insurance claims raised by a party are time-barred or not. This, it said, should be left for determination by the arbitrator itself. Dismissing SBI General Insurance Co's appeal against the Gujarat High Court’s order that appointed an arbitrator to decide the dispute over insurance claims raised by Krish Spinning, a bench led by Chief Justice DY Chandrachud said “the effect of the aforesaid clarification is only to streamline the position of law, so as to bring it in conformity with the evolving principles of modern-day arbitration, and further to avoid the possibility of any conflict between the two decisions that may arise in future. It said the dispute raised by Krish being one of quantum and not of liability, prima facie, felt within the scope of the arbitration agreement and the dispute regarding 'accord and satisfaction' as raised by the insurance company can be decided by the arbitral tribunal as a preliminary issue.

Masks are creating controversy for businesses again, but this time for a different reason. Early in the pandemic, retailers faced backlash for mandating face coverings. Now some store owners are demanding customers drop their masks.

Germany’s Cabinet has approved legislation that would impose tougher penalties on people who break through airport perimeters

Is the classic, carefree summer vacation facing extinction? Last year was the hottest summer on record in the Northern Hemisphere—Spain, the world’s second-most-visited country, endured three heat waves in just four months. To ace a summer trip in 2024, you must do more than stay hydrated and diligently apply (and reapply) sunscreen. We asked pros how to navigate the new normal of sweltering travel.

The lending institution earlier used to provide a Personal Loan of a maximum of Rs. 3 lakh. Now, they are increasing their limit to Rs. 5 lakh. Now have bigger financial support from Hero FinCorp with a 500000 Personal Loan.

TORONTO — Canadian homeowners are increasingly adding flood coverage to their insurance policies as extreme weather events become more common, according to the Insurance Bureau of Canada.

more ‘optimistic’ about job creation than other sources, even those that use similar methodologies, and the criteria of who is employed or unemployed. The ILO estimates the labour force (the number of people employed or looking for jobs) grew by 99.2 million between 2000 and 2019. The workforce over the same period, or the number of people actually employed, grew at a slower rate—79.4 million people.

Azad Engineering, domestic brokerage firm ICICI Securities has hiked the target price of the multibagger stock to Rs 2,450 as the long term prospects for the company seem appealing. The domestic brokerage firm believes that the company is at a vantage point for healthy earnings growth as they have execution visibility on the upcoming 95,000 m2 facility. Azad Engineering is targeting a market share of up to 10% in the long run (currently 1%) in light of significant TAM and expects the recent order for ATGG engine to be a significant step in the next leg of growth.

Wipro’s leadership level, company’s chairman Rishad A. Premji, said the IT major has bred several CEOs that have gone out to build organisations, and it prides itself for being an entrepreneurial company. Speaking to shareholders in the virtual meeting, Premji said, “We pride ourselves that we have been an entrepreneurial company through our history. We have bred many many CEOs who have gone out to build organisations. The reality is sometimes people have opportunities that give them a bigger leap in their career, so people leave for those opportunities.”

Budget 2024, scheduled in July, one may expect the government to continue with its objective of moving towards a simplified tax system through the new tax regime (NTR) that was introduced in Union Budget 2020-21. With a view to make the NTR more attractive for individual taxpayers, the government could consider taking measures such as increasing the standard deduction limit from Rs 50,000 to Rs 100,000; including health insurance premium (u/s 80D) in this regime and enhancing the deduction limit available to promote adoption of adequate health insurance cover. Besides, an increase in deduction limit for employer's contribution to the National Pension System (NPS) u/s 80CCD(2) from 10% of basic salary to 14% will be a welcome move. The enhancement of this deduction will ensure parity with the provision applicable for central and state government employees and would provide an option for enhanced tax saving under the new tax regime, along with promoting long-term retirement savings. However, in case the government continues with the old tax regime as an option, it will be important to rationalise some of the tax provisions. One such provision will be to consider Bengaluru as a «metro city» for the purpose of HRA exemption in Budget 2024.

Nearly one in three Canadian grandparents providing financial support to younger generations are possibly risking their own retirement, new polling released Wednesday by Royal Bank of Canada suggests.

In the early 1980s, soon after graduating from college, Roy Cockrum was trying to make it as an actor in New York

National Bank of Canada is raising an additional $20 million in connection with its planned acquisition of Canadian Western Bank, according to people familiar with the matter.

eligible AI startups" with up to $350,000 in Google Cloud credits “to invest in the cloud infrastructure and computational power essential for AI development and deployment." Karya, an AI data startup that empowers low-income communities, is “using Gemini (also Microsoft products) to design a no-code chatbot," while “Cropin (in which Google is an investor) is using Gemini to power its new real-time generative AI, agri-intelligent platform." Manu Chopra, co-founder and CEO of Karya, said he uses Gemini "to take Karya Platform global and enable low-income communities everywhere to build truly ethical and inclusive AI." Gemini has helped Cropin “build a more sustainable, food-secure future for the planet," according to Krishna Kumar, the startup's co-founder and CEO. Robotic startup Miko.ai “is using Google LLM as a part of its quality control mechanisms," says Ajjarapu.

part 2 of this analysis) is helping them shake off debt, leaving them with healthier balance sheets and more room to take risks. We explain this key finding from our analysis in the third part of the series. Before unveiling India Inc’s loss of appetite for loans, a trip back to 2022-23 is in order.