Landmark Financial News

Union Budget 2024: Prime Minister Narendra Modi led-government will present first full Budget in their third term after the 18th Lok Sabha polls in 2024 in the coming month, laying the roadmap for the next five years. The last budget presented by the Finance Minister Nirmala Sitharaman was a vote on account due to the General Elections that were scheduled from April to May. Here are some interesting Budget trivia that you should know:

Information & Broadcasting Minister Ashwini Vaishnaw while announcing the decision said, «Union Cabinet has taken a landmark decision by approving India's first offshore wind energy project. These will be 1GW offshore wind projects, 500 MW each (off the coast of Gujarat and Tamil Nadu). This is a big opportunity for India.» The successful commissioning of 1 GW offshore wind projects will produce renewable electricity of about 3.72 billion units annually, which will result in annual reduction of 2.98 million ton of CO2 equivalent emission for a period of 25 years, as per the govermnet.

Ram Janmabhoomi Temple, Satyendra Das Maharaj, was dissatisfied with the omission of important events of the Ayodhya movement in the newly revised Class 12 Political Science textbook of the National Council of Educational Research and Training (NCERT) saying that there are several «shortcomings» in its presentation and it is «incomplete» in its narration. «There are some shortcomings in the NCERT textbook about the Babri Masjid issue. They do not mention how the three-domed structure was removed on December 6, 1992, they are only starting to narrate the issue from November 9, 2019, when the Ayodhya verdict was given,» Satyendra Das Maharaj said speaking to ANI. Notably, NCERT left Babri Masjid out, referring to it only as a «three-dome structure» in its revised Class 12th Political Science textbook. The revision pertains to Chapter 8, 'Recent Developments in Indian Politics'.

Narendra Modi held a bilateral meeting with Japanese PM Fumio Kishida on the sidelines of the G-7 Summit in Apulia, Italy and discussed the Mumbai-Ahmedabad High Speed Rail project with a targeted 5 trillion yen worth of investment in India. Highlighting India-Japan relations, the Prime Minister's office said on X, «Boosting India-Japan relations! PM @narendramodi held a productive bilateral meeting with Japanese Prime Minister @kishida230 in Italy on the sidelines of the G7 Summit.»

CIPL on Wednesday said it has secured a Rs 114-crore project from Indian Oil Corporation Limited (IOCL) for the comprehensive maintenance of IT infrastructure of the public sector petroleum major. The contract will be carried out over a period of three years, starting from June 2024 and ending in May 2027.

A New Mexico judge has cleared the way for a landmark lawsuit to proceed over allegations that the state has failed to meet its constitutional obligations for protecting against oil and gas pollution

Industry body DIPA has pledged its support to India's digital and telecom transformation under the new government and sought a clear roadmap that would cement the country's lead in digital infrastructure. Digital Infrastructure Providers Association (DIPA) said the industry is eager to collaborate with the government and contribute its expertise to drive the country's digital transformation further.

India has achieved an impressive milestone, securing the third position globally in the number of self-made billionaires, with a remarkable total of 105 billionaires. Within this illustrious group, the top 10 richest individuals in India feature only one woman, Savitri Jindal. This notable presence underscores the broader gender disparity in wealth but also highlights the exceptional achievements of a few remarkable women in a male-dominated arena.

Paris Olympics organizers on Friday unveiled a display of the five Olympic rings mounted on the Eiffel Tower as the French capital marks 50 days until the start of the Summer Games. The structure of rings, made of recycled French steel, was displayed on the south side of the 135-year-old landmark in central Paris, overlooking the Seine River. Each ring is 9 meters (30 feet) in diameter.

iOS 18, touted to be the most significant update in the history of the iPhone. The new operating system is expected to integrate advanced artificial intelligence capabilities, transforming the user experience. Rumors suggest AI-driven photo retouching, voice memo transcriptions, and smart recaps for missed notifications will be key features.

Federal health advisers have rejected the first-ever proposal to use MDMA as a treatment for PTSD

Bank Nifty was down by -2152.5(-4.22%) at 04 Jun 2024 10:44:55 IST.Other stocks such as Tata Elxsi, Atul, HDFC Life Insurance Company, Landmark Cars, LTI Mindtree hit their fresh 52 wk lows today.

Viral video: Women helps thirsty dog drink water at Thrissur railway station | WatchNewspaper Shanghai Daily posted on X: “High-altitude maintenance workers were seen swaying in the strong winds outside the CCTV Headquarters in Beijing's Central Business District on Thursday. Hoping for their safety."Watch the video here:As an iconic landmark in Beijing, the CCTV Tower rises to 234 meters and covers an expansive area of 473,000 square meters.Also Read: Viral Video: ‘Eventful dot ball’ from children's cricket match leaves internet in splits | WatchAt the same time, the National Weather Service issued numerous alerts as thunderstorms and powerful winds battered the capital.

Boeing's Starliner spacecraft was called off at the last minute at the Kennedy Space Centre on Saturday. The mission to the International Space Station (ISS) has been postponed for the third time in the last two months.

China landed an uncrewed spacecraft on the far side of the moon on Sunday, a landmark mission which aims to retrieve rocks and soil from the lunar surface, China's space agency said.

Royal Bank of Canada’s landmark deal to acquire HSBC Holdings PLC’s Canadian division led to the country’s first decrease in foreign direct investment in 14 years.

HouseEazy, a proptech venture, hosted a landmark ‘Partner Summit’ in the NCR region. The company marked a significant milestone for the secondary real estate industry by unveiling a one of its kind ‘Annual Jackpot’ for its channel partners, and ‘HouseEazy Premier League’ also a first in the market.Attended by over 700 partners, the major highlight of the event was introduction of the exceptional annual rewards plan for channel partners which offers incentive slabs upto ₹1.75 crore for the top performing partners.Adding glamour to the affair was popular Bollywood celebrity Karishma Tanna who felicitated the top performing Channel Partners.

T20 World Cup in the US is a "landmark event" and there is huge excitement among the diaspora as well as across America, India's envoy here said emphasising that the tournament is playing a «very significant role» in bringing cricket to the country's mainstream and will further contribute towards the bilateral people-to-people relationship. «This is the first time we are having a (cricket) World Cup being played on US soil. There is huge excitement, not only among the Indian diaspora members but even in the United States,» Consul General of India in New York Binaya Srikanta Pradhan told PTI here in an exclusive conversation ahead of the much-anticipated tournament. He said American congressmen, senators, elected representatives are talking about the T20 Cricket World Cup being held in the US.

European Union tech regulators to ensure that Google takes their views into account, and not just large intermediaries, when making changes to comply with landmark tech rules.

Affle, a global technology company, posted a 42.3% increase y-o-y in consolidated revenue from operations, which increased to Rs 506.2 crore in Q4, FY24, from Rs 355.8 crore in Q4, FY23. From what it’s understood, the company’s net profit stood at Rs 87.5 crore in Q4, FY24, which marked an increase of 40.2% y-o-y.