Year: 2024

Telangana Budget 2024 LIVE: ₹1,525 Crore Allocated for Regional Ring Road

Manish Kumar

The Telangana government presented its budget for the 2024-25 financial year today, July 25, 2024. Deputy chief minister and Finance minister Mallu Bhatti Vikramarka present the budget in the state legislative assembly. This will be the first full Budget presented by a Congress-led state government after the formation of Telangana. The vote-on-account Budget introduced by the Congress government in February, following its assumption of power in December, is set to expire on July 31. Consequently, this Budget will cover the period from August 2024 to March 2025. LIVE updates 1:45…

US Stock Market Plunges After Tesla and Alphabet Quarterly Results

Manish Kumar

On Wednesday, U.S. stock indexes experienced their worst losses since 2022, triggered by quarterly profit reports from Tesla and Alphabet. These reports dampened Wall Street’s enthusiasm for artificial intelligence technology, leading to significant declines across major indexes. Major Index Drops Nasdaq Composite: The Nasdaq Composite recorded its largest single-day percentage drop since October 2022, closing at its lowest level since June 10. The index fell by 654.94 points, or 3.64%, to 17,342.41. Dow Jones Industrial Average: The Dow Jones Industrial Average dropped by 504.22 points, or 1.25%, closing at 39,853.87.…

India Successfully Tests Phase-II Ballistic Missile Defence System

Manish Kumar

On Wednesday, India successfully conducted a flight test of its Phase-II ballistic missile defence system, showcasing its advanced capability to defend against hostile missiles with a range of up to 5,000 km. This significant achievement was accomplished at the Integrated Test Range (ITR) in Chandipur, Odisha. The test fully met all trial objectives, thereby validating a comprehensive network-centric warfare weapon system. Ministerial Praise Defence Minister Rajnath Singh praised the Defence Research and Development Organisation (DRDO) for this remarkable achievement, underscoring India’s robust ballistic missile defence capabilities. “The DRDO successfully flight-tested…

Bengaluru CEO Proposes Novel Solution to the City’s Traffic Woes

Manish Kumar

The rapid transformation of Bengaluru into India’s IT hub has brought a significant influx of workers, straining the city’s infrastructure, especially its roads. Daily traffic congestion has become a nightmare for residents, with the city’s infrastructure struggling to keep up with the growing population. Serial entrepreneur Paras Chopra, CEO of a Bengaluru-based company, has proposed an innovative solution inspired by a practice from Beijing. In a post on the social media platform X, Chopra shared a screenshot of a news article explaining how Beijing commuters can pay for a ‘rescue’…

PM Modi to Visit Kargil War Memorial on July 26 for Vijay Diwas’ 25th Anniversary

Manish Kumar

Prime Minister Narendra Modi will visit Ladakh on July 26 to commemorate the 25th anniversary of Kargil Vijay Diwas, an official announced. Lieutenant Governor Brig (Retd) B D Mishra reviewed the arrangements for the Prime Minister’s visit during a meeting at the Lt Governor’s secretariat. The grand celebrations marking the ‘Rajat Jyanti’ of India’s victory over Pakistan in the 1999 Kargil War will take place in Drass, Kargil district, from July 24 to 26. Lt Governor Mishra confirmed that Prime Minister Modi will attend the anniversary celebrations at the Kargil…

Farmer Delegation Reminds Rahul Gandhi of MSP Promise; He Vows to Pressure Government

Manish Kumar

A 12-member delegation of farm union leaders from various states met with Leader of Opposition in Lok Sabha, Rahul Gandhi, at the Parliament House on Wednesday. The delegation sought a legal guarantee for the Minimum Support Price (MSP) for their crops, a long-standing demand. Gandhi assured the farm leaders, who represented Sayunkt Kisan Morcha (non-political) and Kisan Mazdoor Morcha, that the INDIA bloc would put pressure on the government to secure this legal guarantee. He stated that discussions would be held with INDIA bloc leaders and all possibilities, including moving…

Global Athletes to Attend Upcoming Kashmir Marathon: L-G Manoj Sinha

Manish Kumar

The Lieutenant-Governor of Jammu and Kashmir, Manoj Sinha, has announced the hosting of a marathon event for both international and domestic athletes in Srinagar on October 20. This event is part of the administration’s ongoing efforts to boost tourism and reshape Kashmir’s image from a conflict zone to a prime tourist destination. In a press conference held at the Kashmir International Convention Centre, L-G Sinha unveiled the logo and website for the marathon. He emphasized that the marathon is designed to harness and expand the tourism potential of the region.…

India to Simplify GST Rate Regime in Coming Months

Manish Kumar

India plans to streamline its Goods and Services Tax (GST) rate structure in the upcoming months, according to Sanjay Agarwal, chairman of the Central Board of Indirect Taxes and Customs (CBIC). “Too many rates in goods and services tax are leading to classification disputes, and that needs to be resolved,” Agarwal stated in an interview on Wednesday. He emphasized the necessity of addressing these issues to enhance the efficiency of the tax system. The government is considering a reduction in the number of GST slabs from the current four to…

Shah Rukh Khan Honoured with Gold Coins by Grevin Museum in Paris

Manish Kumar

Shah Rukh Khan, the iconic actor from ‘Jawan,’ has received an extraordinary honor from the Grevin Museum in Paris. He is now the first Indian actor to have his image featured on specially crafted gold coins. This unique recognition, bestowed by the museum’s Grevin Glasse branch, marks a significant milestone in his illustrious career. Unique Honor from Grevin Museum The Grevin Museum, located on the Grands Boulevards in Paris, is renowned for its wax statues of famous personalities. This time, they have gone a step further by creating gold coins…

India Secures Strategic Terminal at Bangladesh’s Mongla Port, Outmanoeuvring China

Manish Kumar

India has clinched the rights to operate a terminal at Bangladesh’s Mongla port, situated in the Indian Ocean. This is a significant boost for India’s maritime strategy, particularly as it seeks to counter China’s expanding influence in the region. Previously, India secured rights to the Chabahar port in Iran and the Sittwe port in Myanmar. China has made substantial investments in port infrastructure from Gwadar in Pakistan to Djibouti in East Africa. Despite previous efforts, India’s progress with Chabahar and Sittwe has been slow, primarily due to geopolitical and security…