Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income Tax Bill. To be headed by Bharatiya Janata Party's Baijayant Panda, the panel is mandated to submit its report by the first day of the next session.
Lok Sabha Speaker Om Birla criticized former Congress president Sonia Gandhi's remarks about the Waqf (Amendment) Bill being "bulldozed through" the Lower House. Birla said a senior member casting aspersions on the House proceedings was "most unfortunate" and against the dignity of parliamentary democracy. He pointed out that the bill was debated for 13 hours and 53 minutes with several members participating and was passed after multiple divisions.
Nadda replaces Union minister Piyush Goyal, who recently won the Lok Sabha election and took oath on Monday as a member of the Lower House of Parliament.
'America holds about 16% of IMF voting rights, giving it crucial influence over Pakistan's desperately needed bailout loans.'
Infrastructure bonds, which were relied upon the most in 2024-25 (FY25) by commercial banks to raise funds through the domestic debt capital market amid lagging deposit growth, seem to have lost their sheen in FY26. So far in FY26, no bank has tapped the domestic debt capital market to raise funds via infra bonds, and the expectation is that the amount raised through this route will be significantly lower than that last year, unless credit demand picks up.
'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'
This isn't just a home for the elderly. It's a place where life stories, generations, and cultures weave themselves into something quietly extraordinary, discovers Nitin Sathe.
JioBlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on Monday announced closure of its maiden New Fund Offer (NFO), recording a total investment of Rs 17,800 crore ($2.1 billion).
Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.
The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.
'The ruling elite are supporting those attacking the people of Gaza.' 'As a nation we should not cooperate with the oppressor regime that is allowing mass starvation as a weapon of war.'
Master the online ITR filing process and then learn the differences between the old and new tax regimes to pick your best option.
Sad scenes from Ahmedabad as families bid goodbye to their beloved ones.
The White House website had a new look with the bold banner headline 'America is back' seconds after Trump was sworn in as the 47th President of the United States on Monday.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
From labelling India the 'Tariff King' to slapping sweeping import duties, US President Donald Trump has steadily hardened his trade stance on India. These announcements are being seen as a pressure tactic to get New Delhi to agree to demands made by the US in the proposed Bilateral Trade Agreement (BTA).
United States President Donald Trump has said India is 'very close' to China in terms of its purchases of Russian oil and will pay tariffs of 50 per cent as he indicated that 'you are going to see so much secondary sanctions'.
Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.
Trump is confident the US will eventually emerge the winner from whatever turmoil his policies cause, notes T T Ram Mohan.
'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'
The Lok Sabha, India's lower house of Parliament, will debate the contentious Waqf (Amendment) Bill on Wednesday. The bill has been met with strong opposition from several parties who claim it is unconstitutional. The government, however, insists the bill aims to improve the management of Waqf properties in India by bringing transparency and efficiency.
Donald Trump's tariffs, meant as political punishment, have avoided the predicted chaos, lifting US growth, weakening rivals, and letting him claim victory in a resilient global economy, observes T T Ram Mohan.
Despite similar tax treatment, debt MFs enjoy certain advantages over FDs.
The Indian Parliament will introduce a constitutional amendment bill on Tuesday that seeks to hold Lok Sabha and state assembly elections simultaneously. The bill, popularly known as "one nation, one election", will be introduced by Union Law Minister Arjun Ram Meghwal and is likely to be referred to a joint committee of both houses for wider consultations. The bill also aims to align elections in the union territories of Jammu and Kashmir, Puducherry, and the NCT of Delhi. The move has been met with mixed reactions, with some supporting the idea of reducing election-related expenses and others expressing concerns about its impact on democratic processes.
Commerce Minister Piyush Goyal assures Parliament that India will take necessary steps to protect its national interests following the US announcement of tariffs on Indian goods. The government is assessing the implications and engaging with stakeholders.
The ruling Mahayuti members in both houses of the Maharashtra legislature condemned state Congress head Harshvardhan Sapkal's remarks comparing Chief Minister Devendra Fadnavis to Mughal emperor Aurangzeb and demanded strict action against him. Deputy Chief Minister Ajit Pawar said the remarks will be verified and action will be taken accordingly as per the law. The state legislative council witnessed an uproar after the ruling Mahayuti members raised the issue of Sapkal's remarks, and the proceedings were suspended for 10 minutes. BJP group leader Pravin Darekar said comparing the chief minister to Aurangzeb is a highly condemnable act and an insult to Maharashtra. He also demanded that a case be filed against Sapkal and strict action be taken to set an example.
Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.
One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.
The average age is 56, making the Lower House the oldest in India's parliamentary history and a year older than the previous Lok Sabha.
'This is not just about Modi saying it, every Indian should say this -- if we want India to become the third-largest economy, every political party and every leader, keeping aside their hesitations, must work in the nation's interest and awaken the spirit of Swadeshi among the people'
Bhimrao Ramji Ambedkar, the architect of the Indian Constitution, is also credited with the creation of the Election Commission of India. An amendment he brought to the Constituent Assembly led to the establishment of the Election Commission as an independent body responsible for conducting elections. Ambedkar's amendment consolidated election authority into a centralized body, headed by a chief election commissioner appointed by the President, rather than separate commissions for the Centre and states. This article delves into the historical context and the importance of Ambedkar's contribution in establishing the Election Commission of India.
'The quality of justice is directly linked to the quality of judges -- if that suffers, justice delivery suffers.'
Vietnam was wonderful and the people warm and hospitable, Radhika Mittal discovered over a 11-day stay.
A year after the RG Kar rape-murder Swarupa Dutt/Rediff look at the city where it happened, Kolkata -- its study in dichotomy, at once the self-proclaimed cultural capital of India as also a petri dish for a peculiar rage that breeds crimes against women.
'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'
FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs 2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs 2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakm, and Sunsilk.
'Willingness to try new drugs for obesity management have propelled the growth of this market, which today is almost five times what it was five years ago.'
Gaurav Batra, founder and CEO Infinite Group, suggests smart tips to help you reduce living and transportation costs while studying in the US.
With no money or staff, here's how Batskhem Thabah, a teacher, transformed an abandoned village school in rainy Raibah into a lively place for learning.
For India, the challenge is to strike a balance between tactical necessity and economic priorities, point out Pravin Krishna and Monil Sharma.
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