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Spooky Nature
Good Morning Folks!!! Which incredible creatures are the only mammals capable of true flight? Found all over the world except for extreme deserts and polar regions, these nocturnal navigators use echolocation to hunt their prey, and their wings are actually modified hands with elongated fingers. They are popular for their spooky nature and are symbolic of Halloween and all things gory! Can you guess this bird? Stay tuned till the end of the newsletter to find out!
TRADE
India UK To Pan Out Another Round Of Trade Talks
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One Liner: India and the UK gear up for another round of trade talks, aiming to hammer out a lucrative deal this month.
India and the UK are preparing for the next round of trade negotiations, set to take place this month. Both nations are eager to finalize a comprehensive trade agreement that could boost economic ties and open new markets. The discussions will focus on reducing tariffs, enhancing market access, and fostering investment opportunities. This round is crucial as it could bring the two countries closer to a landmark deal, promising significant benefits for businesses and consumers alike. Stay tuned; this trade tango is heating up!
TAX
Budget 2024 Brings A Hotchpotch Of Debate Over LTCG Tax
One Liner: Debate sparks over the fairness of taxing long-term capital gains, even for individuals in the nil tax bracket.
The fairness of taxing long-term capital gains (LTCG) is a hot topic as Budget 2024 approaches, especially for individuals who fall in the nil tax bracket. Critics argue that imposing LTCG tax on these individuals contradicts the principle of equity in taxation. On the other hand, proponents believe it ensures that everyone contributes to the revenue pool. The debate centers on balancing tax equity with the need to generate government revenue without disproportionately affecting small investors. As discussions heat up, all eyes are on how the finance ministry will address this contentious issue in the upcoming budget
STARTUP
Booking.com’s To Diversify Travel Experiences
Booking.com to users
One Liner: Booking.com aims to offer end-to-end travel experiences, turning trip planning into a one-stop shop.
Booking.com is looking to expand beyond just hotel reservations by diving into the full travel experience. The company plans to offer comprehensive trip planning services, including flights, car rentals, and local attractions, making it easier for travelers to book everything in one place. This strategy is aimed at creating a seamless travel experience and capturing a larger share of the travel market. By becoming a one-stop shop for all travel needs, Booking.com is set to make trip planning as effortless as a vacation should be. Ready for takeoff, travelers?
WORLD
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Saudi Arabia’s popular Netflix maker, Almuzaini, made the closure of his Myrkott Animation Studio public after burgeoning pressure from Saudi officials regarding his outspoken content fueling women’s rights and making spats over the kingdom's functioning. His show “Masameer County,” whose maiden episode aired in 2021, interspersed with satire, gives a refreshing and humor-clad perspective on Saudi Arabia’s societal framework transitions and did not fare well with the strict regime in the country.
Scientists have come up with an intriguing revelation concerning the rotation of Earth’s core: the circular rotation has drastically slowed down and even occurs in a reverse fad, igniting speculations about a metamorphosis in the process. Earth’s core is deemed to be the hottest part of the planet, in close consonance with the heat present on the sun’s surface. The core’s erratic movement is part of a larger dimension of speed-ups and slowdowns that has been on the rise for decades.
The EV policy in India is witnessing some mild tweaks and turns as the GOI is pondering bringing in new policy shifts and supplying incentives to auto aficionados who have already made substantial investments in the country. This activity follows the trail of US electric titan Tesla Inc., which is getting all wobbly about its commitment to forging a factory in India. The present policy regime solely encourages novel investments whilst turning up the heat in the local EV manufacturing sector.
Gift: Best Bday Gift for your Loved Ones’
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Workshop: Flying Yoga Workshop
Riddle
What kind of coat is best put on wet?
ANSWER TIME!!
Answer(Trivia): Mars
Answer(Riddle): A coat of paint
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