Last Updated:January 10, 2025, 23:24 IST Experts feel that the world is now entering a phase where temperatures will be consistently above the 1.5 degree Celsius threshold. The planet’s average temperature in 2024 was 1.6 degrees Celsius higher than in 1850-1900 (Representative image) The year 2024 was the hottest year on record, and the first
Russian President Vladimir Putin signed a revised nuclear doctrine on Tuesday stating that any attack on Russia supported by a country with nuclear power could be grounds for a nuclear response. Putin signed the new policy on the 1,000th day of the war with Ukraine and the day after President Biden authorized Ukraine to use
House Republicans have reached an agreement on raising the motion to vacate threshold. Currently, House GOP Conference rules dictate that just one lawmaker is needed to call for a motion to vacate the chair, which would trigger a chamber-wide vote on removing the speaker. But the deal, brokered during a meeting hosted by Speaker Mike
Time may be running out to curb climate change, scientists have warned – as new data reveals that the critical 1.5°C threshold has already been reached. A new study has found that humans’ contribution to global warming was 1.49°C in 2023 and has now exceeded the limits of the Paris Agreement. Most measurements for human-caused
Last Updated:October 29, 2024, 18:32 IST In a move targeting high-value properties, the GST Council has recommended a tax hike on luxury housing priced above Rs 15 crore. Currently, housing units priced at up to Rs 45 lakh are categorised as affordable. In a significant development, the Goods and Services Tax (GST) Council’s Group of
An announcement in the upcoming budget of a continued freeze on income tax thresholds beyond 2028 would not constitute a breach of Labour’s election manifesto promise, government sources have insisted. In the run-up to June’s general election, both leader Sir Keir Starmer and the soon-to-be Chancellor Rachel Reeves pledged to “not increase taxes on working
Apart from a vast branch network, SBI reaches its customers through 65,000 ATMs and 85,000 business correspondents. To ensure adequate credit availability to the MSME sector, SBI is planning to enhance the threshold under the instant loan scheme from the existing Rs 5 crore. To ensure easy and adequate credit availability to the MSME sector,
In a pointed warning to the West, Russian President Vladimir Putin said any nation’s conventional attack on Russia supported by a nuclear power will be considered a joint attack on his country. Putin’s announcement came as the Biden administration announced $375 million in additional security assistance to Ukraine, including air-to-ground weapons, munitions for rocket systems
SLPs/appeals pending before Supreme Court, high courts, and tribunals that are below the prescribed threshold should be withdrawn, says CBDT. Tax authorities can file appeals before the ITAT, high courts and Supreme Court, if the disputed tax demand exceeds Rs 60 lakh, Rs 2 crore and Rs 5 crore. The income tax department has hiked
Laws stipulating what proportion of union members have to vote for strike action in order for it to be legal are set to be scrapped. It is understood that the government intends to go ahead with its pledge to repeal the Trade Union Act as part of its wider shake-up of workers’ rights. There are