TITBITS: 24.07.2024

TITBITS:

1. Ministry of Youth Affairs & Sports recognizes
Kalarippayattu Federation of India for promotion of Kalarippayattu in country.

2. Recent research published in Nature Geoscience has
uncovered the production of a novel form of oxygen, dubbed “dark oxygen,” on
the deep-ocean floor—challenging long-standing scientific beliefs about oxygen
production on Earth.

3. Researchers found that tinzaparin, a blood clot
prevention drug, significantly reduced damage from spitting cobra venom in
human cells and mice. The team has filed for a patent and may begin human
clinical trials soon.

4. Budget specials

            1.Foreign
companies saw their income tax rates reduced from 40% to 35%.













2. The government has
finally abolished Angel tax, a long-standing demand of the startup community.
It was first introduced in the 2012 budget primarily to check money- laundering
through startups.