Remark Financial News

2024 Budget Highlights: Finance Minister Nirmala Sitharaman will present the Union Budget 2024 in Parliament today for the seventh consecutive time, surpassing the late Morarji Desai's record of six consecutive budgets. This budget is expected to focus on changes in the income tax structure and improving the ease of doing business in India. At 11 am, the much-anticipated full budget for 2024-25, the first under the Modi 3.0 government, will be unveiled in Parliament. Attention will be on the major announcements from the finance minister and the government's forward-looking guidance on the overall economy.

UCLA) revealed that an innovative AI tool has demonstrated remarkable proficiency in identifying prostate cancer, achieving an accuracy rate of 84 per cent. This significantly surpasses the 67 per cent accuracy rate attained by physicians, underscoring the potential of artificial intelligence in enhancing diagnostic precision, according to a report.

TORONTO — Sleep Country Canada Holdings Inc. says it has agreed to be sold to Fairfax Financial Holdings Ltd. for around $1.7 billion.

Bollywood superstar Akshay Kumar, known for his action-packed stunts and comedic timing, took a moment to embrace the realm of poetry, sharing a soulful shayari by renowned Urdu poet Bashir Badr on his Instagram handle. The post, captioned with a heartfelt appreciation for Badr's words, has sent ripples of admiration through his fanbase.

Economic Survey 2023-24 tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday.

Last week, speaking at the Defense News Conclave: Stories of US-India Defense and Security Partnership in New Delhi, the US envoy to India, Eric Garcetti invoking the qualities of “trusted friends” remarked that the bilateral relationship is still “not yet deep enough” to be taken for granted and emphasised that “there is no such thing as strategic autonomy” during a conflict. Garcetti stressed that in times of conflict, strategic autonomy gives way to the necessity of acting together as trusted friends, understanding each other's equipment, training, systems, and even as human beings.

West Bengal Chief Minister Mamata Banerjee offered shelter to people in distress from Bangladesh, sources in the Central government said a state administration has no locus standi on the issue. These matters are handled by the Union government and the comments are «totally misplaced», the sources said. In an address at a public event in Kolkata, Banerjee, referring to violence-hit Bangladesh, said she would keep the doors of West Bengal open for people in distress from the neighbouring country and offer them shelter. «These are matters which are handled by the Union government,» said a source in the Central government.

BJP's local unit in Meerut, the district administration requested the removal of award-winning Urdu poetess Shabeena Adeeb from the list of invitees to the renowned 'All India Mushaira,' citing «law and order issues.» The decision was made on the eve of the event. Members of the ruling party in Meerut had accused Adeeb of making «anti-Modi and anti-Yogi remarks» in the past, and her support for anti-CAA protesters in Delhi's Shaheen Bagh locality reportedly aggravated their concerns. BJP district president Suresh Jain Rituraj told TOI, «A controversial video of Adeeb has emerged, leading us to suspect that her presence could pose a threat to the law and order situation in Meerut. We communicated our concerns to the administration, and they acted to prevent her attendance.» Chief Development Officer (CDO) Nupur Goel stated, «If the presence of an individual creates a law and order problem, we must address it.»

Donald Trump mocked Democrats and compared former Democratic House Speaker Nancy Pelosi to a «dog.» Trump attacked Democrats, saying they wanted to kick Biden off the ticket after he won their presidential nominating contest. «They have a couple of problems. No. 1, they have no idea who their candidate is,» Trump said to laughter and jeers. «This guy goes and he gets the votes and now they want to take it away.»

JD Vance said he had served in the United States Marine Corps but «what the hell Kamala Harris has done other than collect a check?» In his address at the rally in Michigan's Grand Rapids on Saturday (local time), Vance said, «There's some bad news actually, Vice President Kamala Harris, she doesn't like me.» «Kamala Harris said something to the effect that… I have no loyalty to this country. Well, I don't know, Kamala, I did serve in the United States Marine Corps and build a business. What the hell have you done other than collect a check?» Vance said.

Tamil Nadu, Udhayanidhi Stalin, Minister and DMK Youth Wing Secretary, chose to play down the reports. In his speech, Udhayanidhi clarified, «There is a resolution passed today to take charge to help our CM and party president. I know some of you have initiated this resolution just to make sure we do it in advance and get a good name,» he said humorously. Addressing the reports about his potential promotion, Udhayanidhi reiterated his previous statement, «There are many news reports on the Deputy CM elevation. I have said to the press before that all ministers in our Government are Deputy Chief Ministers.»

Anatoly Legkodymov, the Russian founder of Hong Kong-registered crypto exchange Bitzlato, has been spared further jail time after his exchange processed over $700 million in illicit proceeds from the Russian dark web.

India will be the engine of green energy growth for the world as the the country is expected to have an installed electrolyser manufacturing capacity of up to 100 GW by 2030, Union Minister Pralhad Joshi said on Friday. The Minister for New and Renewable Energy made the remarks while inaugurating an electrolyser manufacturing facility of a private company at Doddaballapur, in Karnataka. «India has the potential to be the driver of growth for green energy in the world. The demand for green hydrogen shall fuel demand for electrolysers in India. By 2030, it is likely India shall have installed electrolyser capacity of 60 GW-100 GW,» he added. His comments assume significance as the government has set up a target to have 5 million metric tonne (MMT) of installed green hydrogen mission capacity.

Axis Bank's sales manager was taken into custody on Thursday while authorities look into the circumstances surrounding the suicide death of his junior colleague on July 12, who was allegedly subjected to severe bullying at work for several months. In a statement left for her family, 27-year-old Shivani Tyagi described the difficult period she experienced in Axis House in Sector 128 after moving there in October 2023. The day she got her notice of termination, she ate poison. Police said on Thursday that the dismissal was a retaliatory action because Shivani had quit on July 10 following a contentious confrontation at work with a coworker, a woman of the same level, which had turned physical. The sales manager sent her a notice of termination rather than accepting her resignation.

CW Advisors, a registered investment advisor based in Boston, has announced a new acquisition to expand its presence in New Jersey.

R Madhavan has left everyone scratching their heads (and probably their bellies) with his latest fitness revelation. The man who went from a chubby director to a lean, mean acting machine in just 21 days swears by a diet plan that’s as simple as it is surprising. Forget the grueling gym sessions and endless runs; Madhavan's secret weapon is chewing. Yes, you read that right. The actor claims he chewed each bite of food 45-60 times! And then there’s the intermittent fasting, early nights, and plenty of green veggies, the actor revealed his secrets in an interview with the Curly Tales. After gaining weight for his directorial debut, «Rocketry: The Nambi Effect,» Madhavan shared his remarkable journey of shedding those extra pounds in just 21 days without intense workouts or running.

Congress president Mallikarjun Kharge hit out at Prime Minister Narendra Modi on Friday over his remark that eight crore new jobs have been created, and accused him of «rubbing salt into the wounds» of the youth by «telling one lie after another». His attack comes after Prime Minister Modi emphasised last week that the creation of eight crore new jobs in the last three to four years has «silenced» those spreading fake narratives about unemployment. Quoting a recent report of the Reserve Bank of India on employment, the prime minister had asserted that the National Democratic Alliance (NDA) government prioritised stability and growth, and added that small and big investors welcomed the NDA's third term with enthusiasm. In a post on 'X', Kharge said, «Narendra Modi ji, By telling one lie after another on jobs, you are rubbing salt into the wounds of the youth!»

Ryan Selkis, the CEO of Messari, a crypto research platform, has apologised for making a series of extremist pro- Donald Trump comments.

Mint. “It is tethered to reality. It is tethered to the fundamentals, and that is where the market is deriving its energy from." India’s stock market is finally at a vantage point and will be vastly superior in the coming decade, Shah added.

Johnny Depp, known for his Hollywood career, has also made a name for himself as a musician and painter. In his latest art collection, «Tarot,» Depp pays tribute to his ex-partner Vanessa Paradis with a piece titled «The Empress.» Describing Paradis as «everything I could never be,» Depp unveiled the collection, which includes four tarot-inspired artworks: The Lovers, The Emperor, Strength, and The Empress. A Tribute to Vanessa Paradis «The Empress,» inspired by Paradis, is a portrait of a woman wearing a tarnished crown, symbolizing strength and resilience. Depp shares that he and Paradis have remained close for decades, and this piece reflects her enduring influence on his life. «It looks like a crown that has weathered storms,» Depp said. «It shows a certain courage and a strength of commitment. And then whatever's happening in the world behind her, she still shines.»