The Modi government, in a bid to decrease the tax burden on the common man, has modified the income tax slabs in the Union Budget for FY 24-25. As per the new regime, a progressive structure has been brought in which is as follows:- - Income up to INR 3 lakh: No tax - Income between INR 3 lakh and 7 lakh: 5 per cent tax - Income between INR 7 lakh and 10 lakh: 10 per cent tax - Income between INR 10 lakh and 12 lakh: 15 per cent tax - Income above INR 15 lakh: 30 per cent tax Increased limits on Mudra loans The government increased the limits on the Mudra loan from INR 10 lakh to 20 lakh.

Union budget 2024: Key announcements and implications

The long-awaited Budget of India, for FY 2024-25, comes with significant overhauls across consumer goods and the industrial sectors. To balance between growth and affordability, through strategic development, the customs duties and taxes have been revised on the following products.

India budget 2024: Steering across cost shifts and economic priorities

Indian stocks were volatile, and the rupee fell to a new record low against a burgeoning dollar, as finance minister Nirmala Sitharaman unveiled the budget 2024-25.

India budget 2024: Stocks volatile, currency crashes

The Boeing 737 MAX factory picked up in production, the US aerospace group said, struggling to put the past relating to the airplane's continuing safety crisis behind, according to Stephanie Pope, the newly appointed chief of its commercial planes division.

Boeing’s 737 MAX production gains momentum amid safety and legal turmoil

An industry group said the country's tech sector is going to need over a million engineers with sophisticated AI and other capabilities in the next two to three years.

What is the Wishlist of India's tech sector from the budget? 

Britain's newly elected Labour government will meet with the top brass of the pension industry on Monday as part of stringent efforts toward economic growth and better returns on savings.

Labour's pension overhaul: Impetus to economic growth, better savings returns

A software update by Crowdstrike, a global leader in cybersecurity, prompted a far-flung tech outage globally that impacted close to 8.5 million Microsoft devices, according to a Saturday blog post by Microsoft.

Tech outage subsides following extensive disruption

The United States has resumed taking delivery of the F-35 jets fitted with an interim upgrade following a halt that stretched to months over software delays and will withhold some payments until the remaining enhancements are done, senior officials quoted by Reuters said on Saturday.

Pentagon resumes F-35 deliveries amid software delays and interim upgrades

The future of America's tech sector is in the crosshairs. In a recent discussion, Roundtable anchor Rob Nelson was joined by Perianne Boring, Founder of the Digital Chamber, as they talked about the government policies that could either push or hamper technological advancement.

Navigating policy pitfalls: The tug-of-war shaping America's tech future

Friday saw a global tech outage that turned out to be quite a headache for social media giant Meta, with massive disruptions at airports, banks, and hospitals. According to a spokesperson at Meta, among those hit by the outage were a number of external vendors who police content on Meta's platforms, which include Facebook, Instagram, WhatsApp, and Threads.

Meta faces 'SEV1' crisis amid global tech outage disruptions

In what seems to be one more step toward mainstreaming the cryptocurrency sector, cryptocurrency exchange Binance's US affiliate, Binance.US, scored an important court victory when a federal judge allowed it to proceed with plans for investing certain customer assets in US Treasury bills.

Binance.US secures judicial nod for investment in US Treasury bills

Following a colossal digital blackout that engulfed the entire globe Friday, Australia's cyber intelligence agency issued a grim warning regarding the surge of "malicious websites and unofficial code" that could be doing the rounds on the web, promising recovery solutions.

Australia warns of scams post cyber outage

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