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In a historic moment, Finance Minister Nirmala Sitharaman presented her seventh consecutive Budget today, outlining a comprehensive roadmap aimed at bolstering various sectors and addressing critical socio-economic needs. Sitharaman underscored the government's commitment to inclusive growth, highlighting initiatives targeting the welfare of marginalized groups. "As mentioned in the interim Budget, we need to focus on four different castes: the poor, women, youth, and farmers," she stated.
The Union Budget often outlines key priorities for the government's economic strategy and on Tuesday, Union Finance Minister Nirmala Sitharaman presented the budget for the financial year 2024-25, which has identified nine priorities for generation ample opportunities. While presenting the budget in the Lok Sabha, the finance minister highlighted nine priorities to bolster the economy, which include Productivity and Resilience in Agriculture, Employment and Skilling and Manufacturing and Services. (Read the full story here.)
Union Finance Minister Nirmala Sitharaman presented her seventh consecutive Union Budget on Tuesday. While presenting the Budget for 2024-25, she announced substantial reductions in customs duties on various items, including gold, silver, and platinum. The Finance Minister emphasised the government's efforts to streamline customs duties. "In 2022-23, we reduced the number of customs duty rates. I propose to further rationalize them after a review over the next six months," Sitharaman stated. (Read the full story here.)
CPI(M) General Secretary Sitaram Yechury says, "The issues like increasing unemployment, inflation and food prices were not addressed properly as they should have been. The government expenditure as per GDP has decreased. The economy will contract so the problem of the people will increase... Subsidies have been decreased." (Read the full story here.)
Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 in the Lok Sabha today, unveiling proposals aimed at bolstering India's economic resilience and fostering growth across key sectors. In a bid to enhance value addition in the precious metal jewellery sector, Sitharaman proposed significant reductions in customs duties.
On Tuesday, the SC ruled against demands made to reconduct the NEET-UG exams. The SC claimed that there wasn’t sufficient evidence that would make a direct link from a systematic link to the question paper. As per the court, re-conducting a fresh NEET-UG paper would have consequences for the 24 lakh students who appeared for the exams.
The Supreme Court has set clear rules for sentencing attempted murder cases, following the original intention of the law and ensuring fair punishments. SC decided that someone found guilty of attempted murder can't be jailed for more than 10 years unless the sentence is life imprisonment.
Tamil Nadu Chief Minister MK Stalin announced his decision to boycott the NITI Aayog meeting on Tuesday, in Delhi, which will be chaired by Prime Minister Narendra Modi. He expressed disappointment over the Union Budget, stating that Tamil Nadu has been completely ignored and therefore, he sees no point in attending the meeting.
US Secret Service Director Kimberly Cheatle has stepped down amidst escalating criticism over a security lapse that led to former President Donald Trump being wounded during a campaign rally. Cheatle, who had been in the role since August 2022, faced intense scrutiny and calls for resignation following the incident in Butler, Pennsylvania, on July 13.
Vice President Kamala Harris has secured the majority support needed to become the Democratic Party's presidential nominee at the upcoming convention. President Joe Biden announced his withdrawal from the presidential race, citing concerns about his age and health and simultaneously endorsed Vice President Kamala Harris, on Sunday. Biden pledged to remain in office as president until his term ends on Jan 20, 2025.