STANDARD TIME
Budget 2024: 56% of Indians want income tax cuts to be weakened BJP-govt's Budget task
Budget 2024: ET Online conducted a survey ahead of the Budget to gauge public expectations, receiving input from nearly 9,500 Economic Times readers. Results showed over 56% prioritize income tax reduction, reflecting concerns over economic stability following the BJP's diminished mandate. Addressing the job crisis was a priority for over 37%, while only 4% favored cash transfers to farmers and 2% suggested increased Railway funding.
Yen hits four-week high, intervention questions circulate
The yen surged to a nearly four-week high against the U.S. dollar on Friday amid speculation of Japanese intervention, following data showing eased U.S. consumer prices and moderate producer price increases, which boosted expectations for a Federal Reserve rate cut in September.
DGCA issues safety standards for ground handling service providers
The DGCA has issued new safety standards for ground handling service providers (GHSPs) at airports to ensure safe operations amid rising air traffic. The regulations, effective from July 8, require GHSPs to obtain safety clearance within six months, appoint accountable managers, and ensure ground personnel undergo recurrent training
Government working on aggregation of CA firms, accounting standards for insurance sector
Government and ICAI collaborate to boost global accounting firm presence. Efforts include setting standards for insurance sector and LLPs, and reducing the time for voluntary company closure. ICAI President plans for CA firm aggregation in the near future.
Reddit to update web standard to block automated website scraping
AI startups face scrutiny for bypassing Reddit's updated scraping rules. Plagiarism accusations against firms like Perplexity highlight the need for stricter data usage regulations. Reddit's cooperation with TollBit and the Internet Archive ensures non-commercial access while maintaining transparency. The involvement of Alan Barona underscores the importance of ethical content sourcing in AI development.
Global standards with FTAs
India recently concluded a trade and economic partnership agreement with the European Free Trade Association (EFTA) comprising Iceland, Liechtenstein, Norway, and Switzerland. The agreement includes innovative features like linking potential investment with tariff liberalisation.
Suzlon shares dip 5% as independent director resigns
Shares of Suzlon Energy dropped by 5% during Monday's early session, hitting the day’s low of Rs 47. This decline followed the resignation of the company’s independent director, Marc Desaedeleer, from his directorship on June 8.
Even by Congress' constantly falling standards, its Arunachal situation this time is quite something
That the Congress has become electorally insignificant is now a given in many parts of India. But the party's fate in Arunachal Pradesh in the just-concluded assembly election is something else altogether. In a terrain it once dominated, the party failed to find candidates for as many as 41 seats out of a total of 60.
Govt finally takes note of woes of companies that need but can't get Chinese hands on time
Many Indian companies need Chinese expertise for execution of certain phases of projects. But visa issues don't allow these entities to avail the services of these workers when they need it. The Indian govt is seized of the problem and is now planning a fix.
Internet-based trading: Sebi reduces approval time to 7 days for brokers
Markets regulator Sebi on Thursday significantly reduced the time taken by stock exchanges for granting approval to stock brokers for internet-based trading to seven days from the current 30 days. The move is aimed at facilitating ease of doing business.
Baggage arrival time improves at six airports
The Ministry of Civil Aviation on Tuesday said when the exercise was started on January 14, only 62.2% of the passengers were getting their baggage within IATA-prescribed timelines.
Asian stocks ease on uncertainty over timing of U.S. rate cuts
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.14% after touching a two-year high on Thursday. The index was still set for an increase of 2.6% this week for its fourth straight week of gains.
Despite $125 billion debt, why is Pakistan increasing its defence budget to 18000 crore rupees
Pakistan faces economic strain with a $124.5 billion foreign debt, 42% of its GDP. It boosts military capabilities through major arms imports, mainly from China, accounting for 82% from 2019 to 2023. Despite economic woes, it increases defense spending by 15.4% in the national budget, totaling 18000 crore Pak rupees. This military expansion includes submarines from China. Reports suggest Pakistan may have secretly supplied arms to Ukraine, contradicting its neutrality stance. Public discontent grows due to economic hardships and perceived military dominance in resource allocation.
Best Biometric Attendance Machines under 5000 in India (2024)
Are you looking for a biometric machine? If so, then continue reading this article where we have curated a list of the best biometric attendance machines under 5000 in India. All of these machines are available on Amazon and you can place your order using the buying links shared in the article below.
What's gone horribly wrong with the US college admission system
Applicants have more anxiety than ever. Elite schools have more power than ever. Something had to give.
Daylight saving time 2024 in USA: List of states, US territories that don't follow the practice
Daylight saving time 2024 in USA is in full swing and a few states as well as territories in the US won't follow the rules.
States seek more time for standard rates at hospitals
States, UTs, private hospitals seek more time for consultations on standard rates post Supreme Court directive. Court to hear plea by doctors, hospitals on government's rate prescription. Concerns raised on revenue impact. The order has led to widespread panic among private hospitals and investors, since standardisation of rates could substantially affect the revenue and commercial viability of hospital operations. Subsequently, healthcare providers wrote to the health ministry and the court, raising their concerns.
Explained: Earth has its own time then why is US working on a lunar standard time
Unlike Earth, where time progresses uniformly, lunar environment has unique challenges. So to develop a standard time, it may be required to install atomic clocks on Moon
Surya Grahan Sutak Time: When and where to watch NASA's total solar eclipse live stream on YouTube
An upcoming total solar eclipse on April 8, 2024, will darken the skies over North America, offering a rare spectacle for skywatchers. The event, known as totality, will be visible from a 185-kilometer stretch spanning Mexico, the US, and Canada, but not from India. Observers are advised to wear protective eyewear and follow safety guidelines to view the eclipse safely.
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