CATEGORIES

AU reveals 211 profs 'filled' 2.5K college positions

A day after anti-graft NGO Arappor Iyakkam alleged that over 353 individuals have been simultaneously employed as full-time faculty by multiple private engineering colleges in Tamil Nadu, Anna University has released its own findings revealing that as many as 211 faculty members have been filling in for 2,500 positions in multiple colleges during the current academic year.

Can accused seek removal of verdict after acquittal?

CAN an accused, after being acquitted in a criminal case, seek removal of the judgment revealing his identity from the public domain under the right to be forgotten? The Supreme Court on Wednesday agreed to examine this knotty issue in detail and settle the law.

Haryana wants award for cops who stopped farm protest

A rather surprising proposal of the Haryana government to decorate six police officers with the President's Medal for Gallantry for stopping protesting Punjab farmers at the Shambhu and Khanauri interstate borders in February this year has raised eyebrows.

Oppn says most states got a raw deal, walks out of RS

A day after the General Budget was presented, members of Opposition INDIA bloc, including Congress leaders Sonia Gandhi and Mallikarjun Kharge, on Wednesday staged a brief walkout from the Rajya Sabha over the alleged neglect of most states except Andhra Pradesh and Bihar, in fund allocations.

Govt weighing options to open the Chinese FDI tap

Curbs imposed at the height of Ladakh clash in 2020 may be eased.

Horses take to the air with passports ahead of equestrian eventing

WELCOME aboard, hope you are standing comfortably.

Hamas pact with 12 rivals to rule Gaza after war

China plays mediator with Fatah and other Palestinian outfits; Egypt envoy present at event

UN: Yemen, Houthis reach deal on bank ctrl

YEMEN's government and the Iran-backed Houthi rebels have agreed to halt tit-for-tat banking sanctions as they wrestle for control of the country's financial institutions, the UN said on Tuesday.

Yogi goes for RSS event even as BJP plans meet on UP in capital soon

AMID the ongoing wranglings within the BJP involving both the state government and the organisation, Chief Minister Yogi Adityanath attended an event Guru Dakshina (offerings to the Guru)convened by the Rashtriya Swayamsewak Sangh (RSS), here on Tuesday.

On HC order, 12 J’khand sub-inspectors demoted as constables after 26 yrs

IN a move by Jharkhand police, the 12 police constables given out of term promotion and made Sub-inspectors for showing indomitable courage and bravery during an encounter with CPI (Maoists) in 2008, were again demoted to constables after 26 years following the order of Jharkhand High Court.

Terrorists gun down Army jawan in Poonch; Kupwara encounter on

Troops foil infiltration attempt, use drones & copters for surveillance as tension mounts

Cancer drugs, cellphones to be cheaper

FINANCE minister Nirmala Sitharaman announced significant reductions in Basic Customs Duty(BCD) across various sectors including precious metals, electronics, critical minerals, other metals, marine products, agriculture, chemicals, petrochemicals, drugs, textiles, and leather.

FM hikes tax on derivatives trade by five times to 0.1%

AS feared by the markets, finance minister Nirmala Sitharaman has proposed to raise the tax rate on derivatives trade in the budget five times from 0.02% to 0.1%, spooking the market pulling it down by over 1.5% intra-day and sending the rupee, which has been plumbing new lows to a new record low of 83.69 to the dollar, inching past the previous lifetime low of 83.67.

Concession for foreign firms, no digital tax

FINANCE minister Nirmala Sitharamana on Tuesday while presenting the Union Budget for 202425 proposed to reduce the corporate tax rate on foreign companies from 40% to 35% to attract foreign capital for India's development needs.

Jewellery prices to come down by 9% due to duty cut

THERE is every reason for women to smile and even laugh out louder as their favourite ornaments are going to get cheaper by at least 9% with finance minister Nirmala Sitharaman slashing Customs duty on gold to 6% from 10% (effective cut including in the cess is 9 percentage points from 15% to 6%).

Angel tax axed, startups say cheers

IN a move to boost investments in the start-up ecosystem, Finance Minister Nirmala Sitharaman has announced that angel tax will be abolished for all investor classes.

₹2.2L cr for houses under PMAY-U 2.0

THE Centre on Tuesday announced central assistance of ₹2.2 lakh crore over the next five years to meet housing requirement of one crore urban poor and middle class families under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 and also proposed interest subsidy to provide loans at affordable rates.

No hike in rural job scheme, static at ₹86K cr

THE flagship scheme for rural employment, Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been allocated ₹86,000 crore in FY25 same as the revised estimate for FY24 and ₹20,000 crore more than the budget estimate in FY24.

FM keeps capital expenditure unchanged at ₹11.11L crore

CONTRARY to expectations, Finance Minister Nirmala Sitharaman on Tuesday kept the capital expenditure (capex) unchanged at ₹11.11 lakh crore in the Union Budget.

₹26K cr for better road connectivity

BIHAR will get four road projects for better connectivity; PatnaPurnea Expressway, Buxar3 Bhagalpur Expressway, Bodhgaya, 1 Rajgir, Vaishali and Darbhanga spurs, and additional two-lane bridge over the Ganga at Buxar.

Kashi Vishwanath model for Gaya, Bodh Gaya temples soon

THE Centre has planned comprehensive development of four significant religious sites in Bihar associated with Hinduism, Buddhism, and Jainism with an aim to stimulate investment and unlock economic opportunities.

E-com export hubs to help small vendors

THE government will set up Ecommerce Export Hubs in publicprivate-partnership model in order to enable MSMEs to sell their products in international markets.

Pvt players for N-sector soon, energy transition on fast track

THE government is planning to release a policy document on appropriate energy transition pathways that balance the imperatives of employment, growth, and environmental sustainability, finance minister Nirmala Sitharaman said on Tuesday.

MUDRA loan limit hike, credit guarantee scheme for MSMEs

IN their efforts to revitalise the ailing MSME sector, the backbone of the Indian economy and creator of crores of jobs, the NDA government has come up with a slew of reforms.

India Inc gives thumbs up to growth focus

THE captains of India Inc have given a big thumbs up to the Union Budget of FY2024-25 as they believe it would play an important role in keeping the nation's growth rate intact and foster employment.

Massive ₹2L cr outlay for jobs, skilling

FINANCE Minister Nirmala Sitharaman on Tuesday announced an outlay of ₹2 lakh crore for five schemes and initiatives that will facilitate employment and skilling opportunities for ₹4.1 crore youth over five years.

Edu loans up via e-vouchers, UGC budget cut

UNION Finance Minister Nirmala Sitharaman announced an allocation of ₹1.20 lakh crore for education in the Union Budget for 2024-25.

Oppn CMs decide to boycott NITI Aayog July 27 meeting

THE Chief Ministers of the Opposition states have decided to boycott the NITI Aayog meeting scheduled for 27th July over the 'discriminatory' Budget.

'Kursi Bachao Budget no good to commoner': Rahul ups ante

COMING down heavily on the first Budget presented by the Modi 3.0 government, the Opposition parties termed it a budget driven by political compulsions and claimed that it ignored opposition-ruled states.

Visionary Budget to uplift society: Modi

PRIME Minister Narendra Modi said on Tuesday that the Union Budget was aimed at realizing 'Viksit-Bharat', asserting that the Budget proposals belonged to every section of society with a potential to herald \"better growth and a bright future' in the country.