Latest World News Headlines for November 1, 2024 1. UK Prime Minister Keir Starmer Prepares for Challenging Budget Amid Economic Strains Prime Minister Keir Starmer has cautioned the UK public about an upcoming budget that reflects the nation's "harsh" economic reality. Facing a sluggish economy, rising public debt, and low growth, the Labour government plans to implement higher taxes and restrained public spending to revitalize public services and stimulate economic growth. Treasury Chief Rachel Reeves is expected to introduce tax hikes targeting employers and capital gains to fund these initiatives. 2. Donald Trump Leads Controversial Rally at Madison Square Garden Republican presidential candidate Donald Trump held a rally at Madison Square Garden in New York, marked by controversial and racist remarks from his allies. Trump focused on immigration, promising a massive deportation program if elected. The event featured speakers like Rudy Giuliani and Hulk Hogan, who used offensive language. Billionaire Elon Musk also attended, discussing plans to reduce federal spending. 3. UK Advances in Green Energy with Stanlow Refinery's Hydrogen Transition Essar Group CEO Prashant Ruia is spearheading efforts to decarbonize the UK's second-largest oil refinery, Stanlow, by transitioning it to hydrogen. This move positions Stanlow as the UK's first refinery to shift away from CO2-emitting gas, aligning with broader plans to decarbonize industry across North West England. The initiative is supported by substantial government funding, reflecting the UK's leadership in green energy. 4. Australian Breakdancer 'Raygun' Achieves World Number One Ranking Amid Controversy Australian breakdancer Rachael "Raygun" Gunn has been ranked as the world number one by the World DanceSport Federation, despite a poor performance at the Paris Olympics. Her top ranking stems from points earned at the WDSF Oceania Championship, highlighting a controversy due to the exclusion of Olympic performances in the rankings. Other Australian breakdancers also feature prominently in the global rankings. 5. Global Tensions Rise Ahead of US Presidential Election The 2024 US presidential election is marked by unprecedented suspense and drama, with candidates Donald Trump and Kamala Harris in a tight race. The campaign has seen dramatic events, including the late replacement of a sitting president and attempted assassinations. Both candidates are neck-and-neck, with polls showing margin of errors in key swing states. Historical precedents and key voter issues, such as the economy and immigration, play critical roles in this tight race. 6. Severe Flooding in Spain Claims Over 90 Lives Torrential rains have led to devastating flash floods in eastern Spain, resulting in at least 95 fatalities. Rescue operations are ongoing as authorities work to locate missing persons and provide aid to affected regions. 7. Israel Conducts Strikes in Northern Gaza Amid Rising Tensions Israeli military forces have intensified operations in northern Gaza, leading to significant casualties. The United Nations has expressed deep concern over the escalating conflict and its humanitarian impact. 8. North Korea Sends Troops to Russia Amid Ukraine Conflict Reports indicate that North Korea has deployed military personnel to Russia, potentially to support operations related to the ongoing conflict in Ukraine. This development has raised international concerns about escalating tensions in the region. 9. Lebanon's Prime Minister Optimistic About Ceasefire with Israel Lebanese Prime Minister has expressed cautious optimism regarding a potential ceasefire with Israel, following recent escalations along the border. Diplomatic efforts are underway to de-escalate the situation. 10. Global Markets React to Uncertainty Ahead of U.S. Presidential Election Financial markets worldwide are experiencing volatility as investors react to the uncertainty surrounding the upcoming U.S. presidential election. Analysts suggest that market fluctuations may continue until election results are finalized. 11. United Nations Calls for Increased Aid to Sudan Amid Ongoing Conflict The UN Secretary-General has urged the international community to provide more humanitarian assistance to Sudan, where ongoing conflict has led to widespread displacement and a humanitarian crisis. 12. France Implements New Measures to Combat Climate Change The French government has announced a series of new policies aimed at reducing carbon emissions and promoting sustainable energy sources, reinforcing its commitment to combating climate change. 13. China Launches New Space Station Module China has successfully launched a new module for its space station, marking a significant milestone in its expanding space exploration program. 14. Protests Erupt in Brazil Over Government Corruption Allegations Mass protests have broken out across Brazil following allegations of corruption within the government, with citizens demanding accountability and transparency. 15. United Kingdom Faces Transportation Strikes Amid Wage Disputes Major transportation strikes are causing disruptions across the UK as workers protest for higher wages and better working conditions. 16. Japan Reports Economic Growth Amid Global Slowdown Despite a global economic slowdown, Japan has reported modest economic growth, attributed to increased exports and domestic consumption. 17. Canada Legalizes Online Sports Betting Nationwide** Canada has passed legislation legalizing online sports betting across the country, aiming to regulate the industry and generate additional tax revenue. 18. India Launches Nationwide Vaccination Campaign Against New Virus Strain** In response to a new virus strain, India has initiated a nationwide vaccination campaign to curb its spread and protect public health. #UKBudget2024 #TrumpRally #GreenEnergy #Breakdancing #USElection2024 #SpainFloods #IsraelGazaConflict #NorthKoreaRussia #LebanonIsraelCeasefire #GlobalMarkets #SudanCrisis #ClimateChange #ChinaSpaceStation #BrazilProtests #UKStrikes #JapanEconomy #CanadaSportsBetting #IndiaVaccination

New Tax Regime slab : 0-3 lakhs - Nil 3-7 Lakhs - 5 percent 7-10 lakhs - 10 percent 10-12 lakhs - 15 percent 12-15 lakhs - 20 percent and above 15 lakhs- 30 percent :FM For those opting for the new tax regime, the standard deduction for salaried employees to be increased from Rs 50,000 to Rs 75,000 #Budget2024

Govt to provide e-vouchers directly to 1 lakh students every year with interest subvention of 3 per cent of loan amount #Budget2024

Dil Khus Kardiya Himanta Da Ki Sandesh Ne! Hame Apse Garv Hey! 👉 प्रधानमंत्री सूर्योदय योजना को असम बजट में राज्य में अनिवार्य कर दिया गया है। 👉 आज के बजट से हम एक नयी प्रणाली लाना चाहते हैं जहाँ असम यह नहीं पूछे की दिल्ली से क्या मिल सकता है, पर यह पूछे की असम विकसित भारत के योगदान में क्या दे सकता है। #AssamBudget2024

Here's a detailed summary of FM .@nsitharaman Ji's statements and announcements in #InterimBudget2024: **Economic Transformation and Priorities:** - Bharat's Economy witnessed transformation, with a focus on future development. - Structural reforms were undertaken, along with pro-people initiatives, instilling a new sense of purpose in the country. - The government addressed worries about food by providing free rations for 80 crore people. - Real income in rural areas was enhanced, and systemic inequalities are being addressed. - Priorities include the welfare of Garib, Mahila, Annadata, and Yuva. **Government Initiatives and Achievements:** - The government assisted 25 Crore people in escaping multi-dimensional poverty over the last ten years. - 78 Lakh street vendors benefited from PM Swanidhi. - Direct Benefit Transfer of ₹34 Lakh Crore was facilitated through PM Jan Dhan Account, resulting in ₹2.7 Lakh Crore savings for the government. - 1051 Mandis have been connected, transacting ₹2 Lakh Crore. - The National Education Policy and Skill India initiatives are driving transformational reforms. - 30 Crore Mudra Yojna Loans were disbursed to women entrepreneurs. - Increased participation of women in the workforce is evident. - Modi Sarkar connected 70% of rural houses under PM Awas Yojana to women as sole owners. - Investments are robust, the economy is performing well, and inflation is moderate. - Record-building of physical, digital, and social infrastructure is underway. **New Initiatives and Plans:** - Introduction of Gift IFSC to create a robust gateway for global capital and financial services. - Establishment of Bharat-Middle East-Europe corridor for strategic development. - Plans to double seafood exports and set up more medical colleges. - Focus on promoting public and private investment in post-harvest activities and achieving Atmanirbharata in oil seeds. - Rollout of U-Win platform for managing vaccination nationwide. **Future Outlook and Targets:** - Next five years are projected to be years of unprecedented development. - Rooftop Solarisation to benefit 1 Crore households with 300 units of free electricity monthly. - Close to achieving the target of 3 crore houses under PM Awaas Yojana Grameen. - Launching a scheme for middle-class housing. - Roadmap for Viksit Bharat to be presented in the full budget in July. - Revised fiscal deficit at 5.8% of GDP for FY 23-24, aiming for 5.1% for FY 24-25. **Taxation and Fiscal Policies:** - No proposed changes to taxation, both direct and indirect. - Proposal to withdraw direct tax demand up to ₹25,000 for years up to FY2009-10 and up to ₹10,000 from FY 2010-11 onwards. - No changes to income tax slabs. - Revised total expenditure for FY24 at ₹44.90 Lakh Crore. - Formation of a high-powered committee to address concerns of fast population growth and demographic change. **Miscellaneous Updates:** - Focus on improving taxpayer services and reducing GST compliance burden. - Enhanced focus on EV ecosystem, bio manufacturing, and tourism sectors. - FDI inflow doubled since 2014, negotiating bilateral treaties for foreign investments. This detailed summary encapsulates the key points and initiatives announced during FM .@nsitharaman Ji's speech in the InterimBudget2024, showcasing the government's vision and plans for the economy.

Here's a detailed summary of FM .@nsitharaman Ji's statements and announcements in #InterimBudget2024: **Economic Transformation and Priorities:** - Bharat's Economy witnessed transformation, with a focus on future development. - Structural reforms were undertaken, along with pro-people initiatives, instilling a new sense of purpose in the country. - The government addressed worries about food by providing free rations for 80 crore people. - Real income in rural areas was enhanced, and systemic inequalities are being addressed. - Priorities include the welfare of Garib, Mahila, Annadata, and Yuva. **Government Initiatives and Achievements:** - The government assisted 25 Crore people in escaping multi-dimensional poverty over the last ten years. - 78 Lakh street vendors benefited from PM Swanidhi. - Direct Benefit Transfer of ₹34 Lakh Crore was facilitated through PM Jan Dhan Account, resulting in ₹2.7 Lakh Crore savings for the government. - 1051 Mandis have been connected, transacting ₹2 Lakh Crore. - The National Education Policy and Skill India initiatives are driving transformational reforms. - 30 Crore Mudra Yojna Loans were disbursed to women entrepreneurs. - Increased participation of women in the workforce is evident. - Modi Sarkar connected 70% of rural houses under PM Awas Yojana to women as sole owners. - Investments are robust, the economy is performing well, and inflation is moderate. - Record-building of physical, digital, and social infrastructure is underway. **New Initiatives and Plans:** - Introduction of Gift IFSC to create a robust gateway for global capital and financial services. - Establishment of Bharat-Middle East-Europe corridor for strategic development. - Plans to double seafood exports and set up more medical colleges. - Focus on promoting public and private investment in post-harvest activities and achieving Atmanirbharata in oil seeds. - Rollout of U-Win platform for managing vaccination nationwide. **Future Outlook and Targets:** - Next five years are projected to be years of unprecedented development. - Rooftop Solarisation to benefit 1 Crore households with 300 units of free electricity monthly. - Close to achieving the target of 3 crore houses under PM Awaas Yojana Grameen. - Launching a scheme for middle-class housing. - Roadmap for Viksit Bharat to be presented in the full budget in July. - Revised fiscal deficit at 5.8% of GDP for FY 23-24, aiming for 5.1% for FY 24-25. **Taxation and Fiscal Policies:** - No proposed changes to taxation, both direct and indirect. - Proposal to withdraw direct tax demand up to ₹25,000 for years up to FY2009-10 and up to ₹10,000 from FY 2010-11 onwards. - No changes to income tax slabs. - Revised total expenditure for FY24 at ₹44.90 Lakh Crore. - Formation of a high-powered committee to address concerns of fast population growth and demographic change. **Miscellaneous Updates:** - Focus on improving taxpayer services and reducing GST compliance burden. - Enhanced focus on EV ecosystem, bio manufacturing, and tourism sectors. - FDI inflow doubled since 2014, negotiating bilateral treaties for foreign investments. This detailed summary encapsulates the key points and initiatives announced during FM .@nsitharaman Ji's speech in the #InterimBudget2024, showcasing the government's vision and plans for the economy.