Infosys co-founder Narayana Murthy has issued a cautionary statement about the potential large-scale migration to cities like Pune, Bengaluru, and Hyderabad due to the looming impacts of climate change. Highlighting the growing urbanization trend and environmental changes, Murthy stressed the need for immediate measures to mitigate the challenges posed by climate change.
In a major move to strengthen the Indian Air Force’s (IAF) operational and strategic capabilities, the central government has established a high-level committee under the Defence Secretary. The committee is tasked with reviewing and enhancing the overall capability development of the Air Force to address emerging challenges in national security and align with global
India has entered into a $350 million loan agreement with the Asian Development Bank (ADB) to bolster its manufacturing sector. This strategic partnership aims to enhance competitiveness, foster innovation, and create job opportunities in key industries, marking a significant step toward strengthening the country’s industrial base. The agreement, signed on December 21,
A French magazine has published a detailed report alleging Pakistan’s involvement with the extremist group Jaish-e-Mohammed (JeM). The report delves into the operational ties between the organization and Pakistani entities, sparking renewed global concern over the country’s role in fostering terrorism. Jaish-e-Mohammed, designated as a terrorist organization by numerous
A groundbreaking study has revealed that man-made products, including concrete, steel, and other industrial materials, collectively store an estimated 8.4 billion tonnes of carbon. This finding sheds light on the potential of construction and manufacturing industries in mitigating global carbon emissions. The research, conducted by a team of environmental scientists,
In a significant move aimed at supporting farmers, the Union Government has approved a Minimum Support Price (MSP) of ₹11,582 per quintal for milling copra for the 2024 season. The decision is expected to provide much-needed relief to coconut farmers and strengthen their financial standing. The approval, announced on December 21, reflects the government’s commitment
The 53rd GST Council meeting held in Jaisalmer on December 21 saw deliberations on significant tax reforms aimed at improving compliance and addressing industry concerns. Chaired by Finance Minister Nirmala Sitharaman, the council discussed crucial policy matters that impact businesses and consumers alike. Tax Rate Adjustments and Clarifications One of the primary focuses
A recent report by the Parliamentary Standing Committee on Railways has raised concerns about the sluggish pace of freight trains in India, with an average speed of just 25 km/hr. The committee emphasized that improving freight train speeds is critical to enhancing railway logistics and ensuring the sector’s contribution to economic growth. Current Challenges in […]
The Goods and Services Tax (GST) Council has announced significant revisions to tax rates, including an increase in the GST on the sale of used cars. The council also addressed a unique issue regarding the GST on popcorn, with rates now determined based on flavor. These decisions are part of a broader effort to streamline […]
In a significant ruling, the Supreme Court of India has clarified that directors of a company cannot be held personally liable under the Negotiable Instruments Act if a cheque issued by the company is dishonored. This decision offers a crucial interpretation of corporate and legal accountability, shielding directors from personal prosecution in such cases. Ruling […]