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Union Budget 2024 included several significant proposals, which have been ratified in the Finance Bill. Some of these changes will come into effect from October 1. These changes included revised TDS rates applicable from October 1, 2024.

health workers, including 3,000 doctors, to strengthen medical services in the state, Deputy Chief Minister Rajendra Shukla has said. Once a sufficient number of doctors and paramedical staff are available, the arrangements in the district hospitals as well as community and primary health centres will improve, Shukla said on Sunday. The deputy CM, who holds charge of the state health department, was talking to reporters in Rewa. He said 30,000 health workers, including 3,000 doctors, will be recruited in the state health department soon.

cement pillar on the railway track of the Jhansi-Prayagraj route, officials said. The incident was reported after a loco pilot of the passenger train 11801, en route from Jhansi to Prayagraj, noticed the obstruction near Raivara village. The pilot promptly applied emergency brakes and informed the control room. The railway personnel, including Government Railway Police (GRP), Railway Protection Force (RPF), and local police, arrived at the site and removed the cement pillar. The boy, who was grazing animals nearby, was detained and questioned by the police. During the interrogation, he admitted to placing the pillar on the track as a prank. Kabrai police registered a case based on the complaint filed by Rail Path Inspector Rajesh Kumar. «A case has been registered against the teenager under section 327 of the Bharatiya Nyaya Sanhita for mischief with intent to endanger safety, and under section 150 of the Railways Act for attempted wrecking of a train,» Additional Superintendent of Police (ASP) Vandana Singh told Times of India.

Nita Ambani threw a grand birthday party for para-athlete Deepa Malik at Antila. The sports icon turned 54 on Monday. The Reliance Foundation organized an extravagant occasion known as United in Triumph to celebrate the achievements of Olympians and Paralympians who represented India this year. During the gathering on Sunday evening, the Ambanis brought birthday cakes for Malik and celebrated ace shooter Sarabjot Singh, who earned a bronze medal alongside Manu Bhaker at the Paris 2024 Olympics. Singh also turned 31. Bollywood star Ranveer Singh and singer B Praak wowed the birthday girls with a lively rendition of the birthday song ‘Baar Baar din yeh aye’ for the birthday girls. Later, Malik shared some snapshots from her memorable day. «Couldn't have dreamt of a bigger celebration of my birthday. Nita Ambani mam, at Ambani home Antilia, got the cake cutting done right at the midnight hour with B Praak and Ranveer Singh singing happy birthday along with Paris 2024 Olympians and Paralympians.» she wrote on Instagram.

death toll climbed towards 100 after Hurricane Helene knocked out power for millions, destroyed roads and bridges and caused dramatic flooding from Florida to Virginia. The storm's winds, rain and storm surge killed at least 90 people in North Carolina, South Carolina, Georgia, Florida, Tennessee and Virginia, according to a Reuters tally of state and local officials. Officials feared still more bodies would be discovered.

Union Minister Arjun Ram Meghwal has said that the Opposition can't reinstate Article 370 and accused them of misguiding the people of Jammu and Kashmir on this. «They (the opposition) can't bring it again (Article 370). They are just misguiding people; the way they did during the Lok Sabha elections by saying that we (the BJP) will finish the constitution. How can the Constitution be finished? Good governance and development--these are the two agendas, based on which we are contesting and will win this election,» Meghwal told reporters here. While Congress is silent on Article 370, its alliance partner, the National Conference, promised restoration of the Article in its manifesto.

tax audit report has been extended to October 7, 2024 for those taxpayers who are required by law to conduct an income tax audit of their accounts and submit the audit report on or before September 30, 2024. The report is required to be submitted online on the e-filing ITR portal. This extension is important as the penalty for submitting a tax audit report after the deadline is Rs 1.5 lakh or 0.5% of total sales, whichever is lower. “Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing of various reports of audit for the Previous Year 2023-24, which was 30th September, 2024 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, to 07thOctober 2024,” said the Income Tax Department in a circular released on September 29, 2024.

This is part of a series of interviews with the winners of The Economic Times Startup Awards 2024. It was during Khet Singh Rajpurohit’s stint at a healthcare startup that he gained firsthand experience of the struggles of patients seeking to settle insurance claims. The cofounder of ClaimBuddy saw numerous cases where individuals had to extend their hospital stays or endure more stress, simply due to delayed or denied claims. During his second year at IIM Bangalore, Rajpurohit reached out to Ajit Patel, his former colleague who was leading insurance operations at the healthcare startup, and the two delved deeper into the complexities and inefficiencies in claim processing. Eventually, they envisioned a solution that would simplify the claims process for patients and healthcare providers alike.

Freshworks and Zoho «mafia» that led to several employees of these companies branching out to start their own firms — some of which have become extremely successful. Chennai's success in SaaS is known but there's a silent movement happening across the smaller cities across the country that can be dubbed the early makings of a 'tier II mafia,' industry watchers said. SaaS startups like Responsive in Coimbatore, Supersourcing in Indore, Appointy in Bhopal, DreamCast in Jaipur, Dhiwise in Surat or CallHippo in Ahmedabad — these are all examples of companies that are slowly scaling and becoming the anchor companies in these regions. «There are SaaS startups that are maturing and reaching a certain scale and size in a number of emerging cities,» Avinash Raghava, CEO of the industry collective SaaSBoomi told ET. «This is happening across the board where there are anchor companies emerging that are having their employees leave to start their own SaaS firms. It is still in the nascent stage but we are seeing it happen increasingly now wherein I believe the next Freshworks or Zoho will not come from Chennai or Bangalore but will be from one of these emerging cities.”

Persistent Systems is seeing more interest in outcome-based (fixed price) deals than deals that are priced based on time and material, said its chief executive Sandeep Kalra. Kalra told ET that with the maturing of artificial intelligence (AI) firms like Persistent Systems are building more Intellectual Properties such as the SASVA platform, GenAI Hub and iAURA, and creating greater value for customers. More discussions on the outcome-based pricing model have led to an increase in deals on this model, he said. “For example, on the SASVA platform in the enterprise software space, we are now picking up deals which are outcome-based more and more,” he said. “Whether it is doing end-to-end sustaining engineering of a product, which is basically nothing but support of a product, we are picking it up and saying it is not a price into quantity. It is basically what is the outcome and service level. Here is where we are taking it on a fixed bid or an outcome kind of thing.”

mattress and furniture maker Wakefit reported a 24% year-on-year increase in revenue to Rs 1,017 crore for the financial year ending March 31, 2024. The company said it returned to profitability during the financial year, with earnings before interest, taxes, depreciation and amortisation of Rs 65 crore. It had been profitable on during its first four years of operation. Operating revenue during FY24 was around Rs 985 crore, up from Rs 813 crore in the previous year, it said. Wakefit cofounder Chaitanya Ramalingegowda attributed the increase in revenue to the company’s focus on strengthening its omnichannel presence, with some stores reaching maturity and a new wave of outlets opening, along with the benefits of an automated mattress factory.

Donald Trump escalated his personal attacks on his Democratic rival, Kamala Harris, on Sunday by repeating an insult that she was “mentally impaired” while also saying she should be “impeached and prosecuted." Trump's rally Sunday in Erie, Pennsylvania, took on similar themes as an event one day earlier that he described himself as a “dark speech.” He told a cheering crowd that Harris was responsible for an “invasion” at the U.S.-Mexico border and «she should be impeached and prosecuted for her actions.” “Crooked Joe Biden became mentally impaired,” he added. “Sad. But lying Kamala Harris, honestly, I believe she was born that way. There’s something wrong with Kamala. And I just don’t know what it is but there is definitely something missing. And you know what, everybody knows it.”

Donald Trump held a rally in Pennsylvania on Sunday, his fourth campaign stop in a month in what has become the 2024 campaign's most hotly contested state. The former president had begun addressing supporters in Erie, in Pennsylvania's northwest corner, shortly after 2 p.m. local time (1800 GMT). His rally comes one month to the day after his running mate, U.S. Senator JD Vance, held his own event in the lakeside city, and six days before Trump is due to hold another rally in western Pennsylvania, on October 5. Many allies and informal advisers to Trump privately characterize Pennsylvania as the most important of the battleground states in the November 5 election.

second Test between India and Bangladesh. The day will start with temperatures around 28°C, rising to 31°C by the afternoon, as per weather.com. There was no rain on Sunday in Kanpur, but play was abandoned without a ball being bowled on day three of the second Test. Overnight rain left the outfield too wet to allow a timely start, forcing both teams and the fans to endure a long wait. As for today's game at the Green Park Stadium, conditions will be overcast through the morning, with a slight chance of showers around 1:30 PM, where rainfall probability peaks at 32%.

Stellantis, an automotive colossus that owns more than a dozen brands including Chrysler, Fiat, Jeep, Peugeot and Ram, is facing challenges at seemingly every turn. The company's sales and profit have been plummeting. Dealers stuck with parking lots filled with unsold cars are publicly criticizing Stellantis and its CEO in unusually harsh terms. Stellantis' stock price has fallen almost 50% from its high point in March. And the union that represents its U.S. factory workers is threatening to go on strike at several plants. United Automobile Workers locals are expected to vote in the coming days to authorize strikes against several Stellantis factories, protesting what they say are broken promises by the automaker.

Internet Exchange Points (IXPs) and peering networks are set to surge in India amid the data centre boom to support increasing IT workloads and strong data consumption by mobile users. IXPs, typically, are physical locations where different networks connect to exchange internet traffic via common switching infrastructure. They are responsible for interconnecting internet service providers (ISPs), content delivery networks (CDNs) such as Cloudfare, Akamai, over-the-top (OTT) players such as Netflix, Amazon Prime, DNS root servers, national and international telco networks and even social media networks like Instagram. As per the Internet Society, India ranks number 2 in Asia on the IXP count metric. But it lags in penetration terms compared to Finland, Singapore, Australia and the UK. For instance, Finland and Singapore have 12.5 and 22 IXPs per 10 million people, respectively, whereas India has only 0.23 IXPs per 10 million people, according to Extreme Infocom.

Rishi Sunak on Sunday urged his Conservative Party to «learn the lessons» of their crushing election defeat as it gathered to begin electing a new leader. The four-day meeting in Birmingham, central England, comes three months after the Tories were ousted from power by Labour, with Keir Starmer taking over as prime minister. «This is our first conference in opposition since 2009,» Sunak wrote in parliament's The House magazine.

ownership rules that differ from nation to nation. Banks handling foreign direct investments (FDI) into local companies and overseas direct investments (ODI) by Indian investors venturing abroad, vet the last natural persons behind the larger shareholders of the investing entities. But, in several cases they are unable to peel off the layers to spot the real persons at the peak of what could be a multi-layered investment structure — primarily due to less demanding disclosure requirements in several jurisdictions.

Indian banks expect growth in festive period spending through credit cards to be in high single-digits as consumer demand remains subdued, several card issuers and merchants said. «Right now, it's not like the mood is bullish for a big festive season, it seems like wait and watch,» said Sanjeev Moghe, head-cards & payments, Axis Bank. «It's a different market when the economy is growing at 12-15% and it's not growing at that pace. In my own discussion with merchants, I am not sensing a bullish mood. But we are hoping that consumers could positively surprise us.» For the festive period of October to December 2023, banks had recorded credit card spends of nearly ₹4.87 lakh crore. During the October to December 2022 period, banks saw total spends of ₹3.69 lakh crore. In one year, banks had seen growth in credit card spending of over 30%.

Republicans on Sunday sought to distance themselves from Donald Trump's latest insults of Democratic nominee Kamala Harris during a rambling weekend rally in Wisconsin in which he called her «mentally disabled.» Trump escalated his personal attacks on the vice president during a self-described «dark speech» on immigration following Harris' trip to the U.S.-Mexico border. "Joe Biden became mentally impaired," Trump said. «Kamala was born that way. She was born that way. And if you think about it, only a mentally disabled person could have allowed this to happen to our country. Anybody would know this.»

Policy push by various countries and stricter emission norms are fuelling electric vehicle sales every year across key global markets, shows data from the International Energy Agency. However, penetration of hybrids (including strong hybrids and plug-in hybrids), driven purely by consumer choice, are climbing up at a faster pace. Since 2021, hybrid vehicle sales have been rising steadily in China, Japan, Korea, UK, France, and US, underscoring growing consumer preference for this technology, shows data collated by Nomura Research Institute. China leads the trend with a nearly fourfold surge in hybrid penetration levels to 19.9% in the first half of 2024 from 5.3% in 2021. Korea too has seen a big jump — to 25.2% from 11.8% in the same period. Other markets have shown a similar growth trajectory.