The Union Finance Minister presented the Union Budget 2024-25 on July 23. Among a slew of announcements made, let's take a look at what the Budget has in store for the middle class and did it tick all the boxes. Watch the video to find out.

The Union Finance Minister presented the Union Budget 2024-25 on July 23. Among a slew of announcements made, let's take a look at what the Budget has in store for the middle class

Union Budget 2024: What does it offer the middle class?

Ola Electric Mobility Ltd on Saturday said its vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of insolvency proceedings against its wholly owned arm Ola Electric Technologies Pvt Ltd.
In a regulatory filing, the company said, "A petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by M/s. Rosmerta Digital Services Ltd, an operational creditor of Ola Electric Technologies Pvt Ltd."
The petition has been submitted before the National Company Law Tribunal's Bengaluru Bench, alleging default in payment towards the services rendered by the operational creditor and seeking initiation of the corporate insolvency resolution process (CIRP) against Ola Electric Technologies Pvt Ltd, it added.
The company has sought appropriate legal advice and it strongly disputes the claims made, Ola Electric Mobility said, adding it would "take all necessary and appropriate steps to protect its interests and object to the ..

The company has sought appropriate legal advice and it strongly disputes the claims made, Ola Electric Mobility said, adding it would take all necessary and appropriate steps to protect its interests

A special court here has declined to take cognisance of the CBI's supplementary chargesheet naming businessmen Vinod Goenka and Shahid Balwa as accused in the DHFL-Yes Bank fraud case, noting that allegations against them are not made out.
The prosecution has claimed that between April and June 2018, Yes Bank invested about Rs 4,727 crore in the non-convertible debentures and Masala Bonds of Dewan Housing Finance Limited (DHFL) and sanctioned a Rs 750-crore term loan to a group company of the realtor.
In return, Yes Bank's then-managing director and chief executive officer Rana Kapoor allegedly received kickbacks of Rs 600 crore from DHFL. Kapoor and DHFL promoters Kapil Wadhawan and his brother Dheeraj Wadhawan are among the several other accused in the case.
The Central Bureau of Investigation (CBI) recently filed its fourth supplementary chargesheet in the case before the special court. Besides Goenka and Balwa, the probe agency has named 12 more persons, taking the tally of the 

According to the CBI, Goenka and Balwa took loans from DHFL but diverted the funds instead of using them for their intended purpose

Union Minister Ashwini Vaishnaw on Saturday announced that an electronics component technology for the ambitious Hyperloop project, developed by IIT-Madras, will be built at the Integral Coach Factory (ICF) in Chennai.
After his visit to the Hyperloop testing facility at IIT Madras' Thaiyur campus, Vaishnaw, who holds the portfolios for Information and Broadcasting, Electronics and Information Technology, said the 410-meter-long Hyperloop test tube is the longest of its kind in Asia.
The entire Hyperloop testing system has been developed using indigenous technologies, with encouraging results from the tests conducted so far. India is on the brink of introducing Hyperloop transportation, he added.
Tutr Hyperloop, a deep-tech startup incubated at IIT Madras, is preparing to launch the world's first commercial Hyperloop project in India, aligned with the Centre's Atmanirbhar Bharat and Viksit Bharat 2047 goals.
Vaishnaw congratulated the project team and said the Ministry of Railways 

Tutr Hyperloop, a deep-tech startup incubated at IIT Madras, is preparing to launch world's 1st commercial Hyperloop project in India, aligned with the Centre's Atmanirbhar Bharat and Viksit Bharat

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Chief Minister Rekha Gupta Saturday received feedback from Delhi farmers ahead of the tabling of her government's budget on March 25 and assured them of solving all their problems.
In an interaction held at the Delhi Secretariat, the farmers raised their demands for the immediate implementation of a land pooling policy, subsidy on fertilisers and seeds, and saving standing crops from inundation due to overflowing drains during the rainy season.
The farmers also informed the chief minister that their diesel-run tractors were seized after those completed 10 years. They demanded that the government allow them to use tractors for farming purposes for up to 20 years.
Besides the chief minister, PWD minister Parvesh Verma was also present during the interaction.
CM Gupta said that the previous governments "did nothing for farmers and neglected their needs" but the "double-engine" government of the BJP would address their every issue. "Each suggestion received from the farmers will be loo

In an interaction held at the Delhi Secretariat, the farmers raised their demands for the immediate implementation of a land pooling policy, subsidy on fertilisers and seeds, and saving standing crops

One nation, one election is in national interest and the Centre is determined to introduce it, Union Law Minister Arjun Ram Meghwal said on Saturday.
Meghwal highlighted that Lok Sabha and assembly elections were held simultaneously in 1952, 1957, 1962 and 1967.
"The initiative is in the national interest. The Election Commission, NITI Aayog and the high-level committee led by former president Ram Nath Kovind gave their consent (to the policy). The Cabinet approved it after that," he said at an event.
Meghwal said two bills proposing simultaneous polls were introduced in the Lok Sabha and being examined by a parliamentary panel.
Discussions are being held with various social organisations, he added.
A 39-member parliamentary panel is scrutinising two bills on simultaneous elections, including one for amending the Constitution.
The Union minister, who inaugurated the third academic block of a private university in Jaipur, also said the three new criminal laws, implemented last Jul

A 39-member parliamentary panel is scrutinising two bills on simultaneous elections, including one for amending the Constitution

Finance minister Thangam Thennarasu said that the state's revenue for the financial year 2025-26 is estimated at Rs 3,31,569 crore, while expenditure is estimated at Rs 3,73,204 crore

Chief Minister M K Stalin released the new logo on the X platform in a pre-Budget video

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Union Budget 2024: What does it offer the middle class?

The Union Finance Minister presented the Union Budget 2024-25 on July 23. Among a slew of announcements made, let's take a look at what the Budget has in store for the middle class and did it tick all the boxes. Watch the video to find out.

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