The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the Finance Ministry. Looking to tackle foreign outflows and preserve forex, the government is weighing a major cut in the tax burden imposed on foreign investors investing in domestic bonds. Policymakers are looking to bring the country’s framework…
NEW DELHI: Former Bengal chief minister Mamata Banerjee faced heavy sloganeering at the Calcutta high court on Thursday when she appeared as counsel in a public interest litigation (PIL) concerning alleged post-poll violence following the recently concluded Assembly elections in the state.Dressed in a traditional black advocate’s jacket and white collar-band over her signature white…
India’s wholesale price inflation accelerated sharply to 8.30 per cent in April from 3.88 per cent in March, driven mainly by a steep rise in fuel, power and crude oil prices amid the ongoing West Asia crisis, according to government data released on Wednesday.Data released by the ministry of commerce and industry showed that inflation…
NEW DELHI: Virat Kohli’s stunning return to form against Kolkata Knight Riders did not just earn applause from fans — it also brought a heartfelt message from IPL great Dwayne Bravo.After Kohli’s unbeaten 105 powered Royal Challengers Bengaluru to a six-wicket win in Raipur, Bravo walked into the RCB dressing room to personally congratulate the…
NEW DELHI: The Election Commission on Thursday announced the conduct of Phase III of special intensive revision (SIR) covering 16 states and 3 Union territories. This would not include Himachal Pradesh, Jammu & Kashmir and Ladakh, the poll body said.“Election Commission of India has directed the conduct of the Special Intensive Revision (SIR) in 16…
RAJKOT: Four people were charred to death and ten others injured after a private bus collided with a tanker carrying damar on the Ahmedabad–Rajkot National Highway early Thursday morning. The bus caught fire immediately after the collision. According to sources, the bodies of the victims were burnt beyond recognition.Police said the accident occurred around 1:30…
NEW DELHI: A handwritten copy of the NEET UG 2026 question paper was scanned and turned into PDF files in Rajasthan by the father of an aspirant, according to early CBI investigation findings cited by news agency ANI sources.The development comes after the National Testing Agency (NTA) cancelled the NEET exam conducted on May 3,…
Former West Bengal chief minister and Trinamool Congress chief Mamata Banerjee appeared before the Calcutta high court on Thursday. KOLKATA: Former West Bengal chief minister and Trinamool Congress supremo Mamata Banerjee appeared before the Calcutta high court on Thursday in connection with a PIL alleging post-poll violence in the state, urging the court to “protect…
India’s reserves have fallen 5.2% to $691 billion. (AI image) Philippines and India are the Asian countries that have seen the highest percentage losses to their foreign exchange reserves as a result of the ongoing US-Iran conflict that has sent global crude oil prices to above $100 per barrel levels. Foreign-exchange reserves across Asia are…
MUMBAI: Maharashtra CM Devendra Fadnavis arrived at the Vidhan Bhavan on a motorcycle to attend the swearing-in ceremony of newly elected members of the legislative council on Thursday.The move follows Prime Minister Narendra Modi’s appeal to reduce fuel consumption amid concerns over rising energy pressures due to the ongoing conflict in West Asia, according to…