TODAY NEWS ON July 23, 2024
News Headlines for CAT,CLAT and IPM aspirants

Source: The Hindu

National News:

• Union Budget 2024-25: Nirmala Sitharaman to present Budget for a record seventh time in a row
• Economic Survey 2023-24: India’s growth back to pre-COVID trends, 7%-plus growth possible in medium term
• Major fire onboard INS Brahmaputra: one sailor missing, ship resting on its side
• India has moved from women’s development to women-led development: Economic Survey
• Supreme Court asks IIT-Delhi to solve ‘ambiguous’ question from NEET-UG Physics paper
• Kanwar Yatra row: Supreme Court stays U.P., Uttarakhand directives to display names of food stall owners and staff en route
• Government allowing ties of officials with RSS follows court cases in Himachal, M.P.
• India now among top 25 arms exporter nations: Economic Survey
• Bangladesh calm a day after top court scrapped some job quotas

International News:

• Nancy Pelosi endorses Kamala Harris as Democratic Party’s presidential candidate
• Israeli parliament approves bill to label U.N. relief agency UNRWA as a terror organisation
• Israel declares two more Gaza hostages dead
• Israel orders evacuation of part of Gaza’s Khan Younis after renewed rocket fire
• Paris Olympics

Headlines in Detail:

Union Budget 2024-25: Nirmala Sitharaman to present Budget for a record seventh time in a row

Union Finance Minister Nirmala Sitharaman will be presenting the Union Budget 2024-25 on July 23, 2024. It will be a record seventh consecutive Budget presentation for Ms. Sitharaman. The monsoon session of parliament started on July 22 with the tabling of Economic Survey 2023-24. A total of 20 hours has been allocated for the debate on the budget.

Economic Survey 2023-24: India’s growth back to pre-COVID trends, 7%-plus growth possible in medium term

The Indian economy has broadly caught up with pre-pandemic growth trends, averting any permanent losses in demand and output, and is likely to grow in the range of 6.5% to 7% this year with risks evenly balanced, as per the Economic Survey for 2023-24 tabled today in parliament by Finance Minister Nirmala Sitharaman ahead of the Union budget on Tuesday, which acknowledged challenges like inequality and job creation as key priorities. Arguing that structural reforms such as the GST and the Insolvency and Bankruptcy Code have matured and are delivering envisaged results, the Survey said the economy can grow at over 7% on a sustained basis in the medium term by building on the past decade’s reforms, but this would need a “tripartite compact” between the Centre, States and the private sector.

Major fire onboard INS Brahmaputra: one sailor missing, ship resting on its side

A sailor is missing after a major fire broke out onboard an Indian Naval Ship Brahmaputra at the Naval Dockyard, Mumbai on July 21 evening leading to the ship listing on one of its sides. “The fire was detected by the ship’s duty staff while carrying out routine maintenance work onboard the ship. The ship’s fire fighting team immediately commenced fire fighting action and was augmented by the fire brigade from Naval Dockyard, Mumbai and other units in the vicinity. No casualties have been reported in the incident,” Indian Navy spokesperson briefed on July 22.

India has moved from women’s development to women-led development: Economic Survey

Observing that India is transitioning from women’s development to women-led development, the Chief Economic Advisor on July 22 said there has been a 218.8% increase in budgetary allocation for schemes for the welfare and empowerment of women even as it acknowledged that women in India face the “’motherhood penalty” with a drop in female labour force participation rate around childbearing years.

Supreme Court asks IIT-Delhi to solve ‘ambiguous’ question from NEET-UG Physics paper

The Supreme Court on July 22 asked the Indian Institute of Technology-Delhi Director to assign three of its finest professors to solve a tricky and “ambiguous” question in the NEET-UG 2024 exam’s Physics paper within 24 hours and report back. Their answer would impact the total marks of over four lakh candidates, including 44 students who scored perfect scores in the exam.

Kanwar Yatra row: Supreme Court stays U.P., Uttarakhand directives to display names of food stall owners and staff en route

The Supreme Court on July 22 prohibited the enforcement of directives issued by the Uttar Pradesh and Uttarakhand governments requiring food stalls en route the Kanwar Yatra to prominently exhibit the names and other identity details of their owners and employees. A Bench of Justices Hrishikesh Roy and S.V.N. Bhatti said stalls, hawkers, vegetable sellers, dhaba owners, etc., on the Kanwariya route were free to display the kind of food they sold but should not be compelled by the police to display the names or, for that matter, the caste or religious identity of their owners or employees.

Nancy Pelosi endorses Kamala Harris as Democratic Party’s presidential candidate

Top Democratic leader and former U.S. House Speaker Nancy Pelosi on Monday endorsed U.S. Vice President Kamala Harris as the party’s presidential nominee after President Joe Biden stepped aside amid concerns from within their party that he would be unable to defeat Republican Donald Trump.

Israeli parliament approves bill to label U.N. relief agency UNRWA as a terror organisation

The Israeli parliament gave preliminary approval on Monday to a bill that declares the main United Nations relief organisation for Palestinians a terrorist organisation and proposes to sever relations with the body. The vote against the United Nations Relief and Works Agency for Palestinian Refugees (UNRWA) is the latest step in a Israeli push against the agency, which Israeli leaders have accused of collaborating with the Islamist movement Hamas in Gaza.

Government allowing ties of officials with RSS follows court cases in Himachal, M.P.

A compendium of instructions, part of a set of Rules, which governs the conduct of civil servants across the country is yet to reflect the changes brought in by a July 9 office memorandum that banned government officials from associating with the Rashtriya Swayamsevak Sangh (RSS) and its activities.

India now among top 25 arms exporter nations: Economic Survey

India has transitioned from being an arms importer and found a place in the list of top 25 arms exporter nations, the Economic Survey revealed on Monday. Between 2015 and 2019, India held the distinction of being the world’s second-largest arms importer, but the narrative has changed now. Defence production has grown substantially in the country, from ₹74,054 crore in the financial year 2016-17 to ₹108,684 crore in 2022-23, boosting defence exports.

Israel declares two more Gaza hostages dead

Israel declared dead on July 22 two more of its hostages being held in Gaza, as talks to secure a ceasefire deal that would include the release of some 120 captives there were set to resume later this week. The Israeli military said it was still investigating the deaths in captivity of the two hostages, Yagev Buchshtab, a 35-year-old sound technician and Alex Dancyg, 76, a historian, who were abducted from their homes in kibbutzim near the border with Gaza during Hamas’ Oct. 7 attack on southern Israel.

Israel orders evacuation of part of Gaza’s Khan Younis after renewed rocket fire

The Israeli military on July 22 called on Gazans to clear out of the eastern parts of the city Khan Younis, saying it was preparing to “forcefully operate” against renewed rocket fire and militant activity from the area, which it had designated as a humanitarian zone. To allow this, the military said it was adjusting the borders of a humanitarian zone in order to keep the civilian population away from areas of combat.

Bangladesh calm a day after top court scrapped some job quotas

Bangladesh appeared calm on July 22 amid a curfew, but widespread disruption of telecoms prevailed a day after the Supreme Court scrapped some quotas for government jobs that sparked protests this month that killed scores. Clashes between protesters and security forces killed at least 139 people across the South Asian nation after the high court last month reinstated job reservations removed by Prime Minister Sheikh Hasina’s government in 2018.

Paris Olympics

The Olympics are back in Paris, exactly 100 years after the city last hosted it. The opening ceremony will take place on July 26, but competitions will begin two days earlier, from July 24, and go on till August 11. About 10,500 athletes from more than 200 countries will be participating. India, which came back with its best ever haul of one gold, two silver and four bronze medals in the Tokyo Olympics, will be looking to do even better this time. We are sending 117 athletes, with a massive support staff numbering 140.

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