Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.
The Congress-led UDF is set to move a no-confidence motion against the BJP-led administration in the Thiruvananthapuram Municipal Corporation. This move comes as the BJP faces a fragile majority, exacerbated by a councillor's arrest and the invalidation of oaths for 20 councillors. The UDF cites administrative paralysis and mismanagement, while the LDF's stance on supporting the motion remains a key factor.
Suryakumar Yadav's future as India's T20 captain is uncertain, with his place in the team as a batter under scrutiny. Gautam Gambhir's support as head coach could be decisive, despite concerns from the selection committee about Suryakumar's recent form and suitability for the 2028 Olympics.
Discover the inspiring journey of Komal Prabhu, called the Queen of GSB Cuisine, that saw her switch professions -- a Bharata Natyam dancer became a celebrated chef devoted to preserving traditional Gaud Saraswat Brahmin food traditions.
Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".
Opposition NDA legislators in Jharkhand have been moved to a hotel ahead of the Rajya Sabha elections for two seats. The BJP-backed independent candidate, Parimal Nathwani, faces a challenge as the NDA lacks the required numbers, necessitating potential cross-voting for victory.
East Bengal coach Oscar Bruzon hints at a possible stay after guiding the team to their first national league title in 22 years, pending clarity on the future of the Indian Super League.
Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.
The TMC is grappling with an extraordinary internal paradox as its legislative faction in West Bengal pledges 'constructive opposition' against the BJP, while a significant portion of its Lok Sabha MPs surprisingly aligns with the BJP-led NDA, exposing a profound ideological schism within the party.
A review of the IPL 2026 season, highlighting the successes of Royal Challengers Bengaluru and Gujarat Titans, while noting the disappointing performances of Mumbai Indians and Lucknow Super Giants, setting the stage for significant changes.
The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.
Analysts have largely maintained a bullish outlook on HDFC Bank and ICICI Bank following their Q4FY26 results, though their perspectives on future growth drivers differ. HDFC Bank's near-term performance is tied to accelerating loan growth, while ICICI Bank is seen as a strong candidate for a valuation rerating.
The US blockade on Iranian ports is aimed to curb Iranian energy exports, thereby crippling its economy to force Iran back to the negotiating table, points out Commodore Venugopal Menon (retd).
'The BJP's tally may dip, but the NDA is likely to retain power.'
The Bombay High Court granted bail to Akashdeep Karaj Singh, an accused in the murder of NCP leader Baba Siddique, citing insufficient evidence to link him to the organized crime syndicate allegedly involved.
Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
If the men of 1983 gave India a reason to dream, the women of 2025 could give it something rarer -- the courage to live that dream in full daylight, under an open sky that finally belongs to them, points out Prem Panicker.
The BJP's MoSha leadership are past masters in encouraging defections from their allies if it helped their party capture the chief minister's chair. In Bihar, they are not sure if JD-U MPs and MLAs would be willing to cross over to the BJP if the Nitish leadership came on top -- and the NDA crossed the halfway mark together, observes N Sathiya Moorthy.
Like his father Karunanidhi and AIADMK rivals MGR and Jayalalithaa, Stalin would like to confine his real political work to Tamil Nadu, and not want to take after the late Congress leader K Kamaraj and take up a national role, even if to create greater political space for son Udhayanidhi, points out N Sathiya Moorthy.
The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.
'Militarily, it risks escalating tensions with Pakistan, potentially triggering conflict due to Pakistan's heavy reliance on the Indus.'
'Our vision is to become a GenAI managed services provider.'
Three years ago, India returned from Tokyo with seven medals, and it is only natural that a double-digit performance is now desired in Paris.
FIDE acknowledged that this issue concerning transgender players presents an evolving challenge within the realm of chess and affirmed that further policy adjustments may be warranted in the future, contingent upon research findings.
Silver, which is currently trading at Rs 68,453 per kilogram, has appreciated 21.7 per cent over the past three months. Investors, however, shouldn't get carried away by its recent performance and put their money in it. Instead, they should evaluate its pros and cons and then take a considered decision based on their risk appetite.
If Tamil Nadu is to avoid a hung assembly, it is up to the silent voters, whose combined strength is more than that of the two major combines in the fray, says N Sathiyamoorthy.
Though the economy has steadily gained momentum and remained resilient since the second quarter of the current fiscal, the Omicron variant of coronavirus remains the major challenge along with rising inflation pressures, says the Reserve Bank in its second financial stability report. In the foreword to the report released on Wednesday, RBI Governor Shaktikanta Das notes that after the destructive second wave in April-May 2021, the growth outlook has progressively improved, though there are headwinds from global developments and more recently from the Omicron virus. A stronger and sustainable recovery hinges on the revival of private investment and shoring up private consumption, which unfortunately still remain below their pre-pandemic levels, he notes.
Ever since Nitish embarked on the slippery path of trying to unite the Opposition against the BJP, he has repeatedly rebutted suggestions that the exercise was aimed at bringing himself centre stage. The problem is: It is not enough if he says so. Others have to say so as well, especially Congress, observes Aditi Phadnis.
August 15, 2023 became for me, an extraordinary Independence Day. I will remember it as the day the country's largest political party -- one that struts around like a colossus and tutors us in apt behaviour -- suddenly looked bankrupt in terms of ideas and had to take out a personal guarantee from the prime minister to underscore its capacity to deliver our future, observes Shyam G Menon.
Since the food subsidy is almost Rs 1,000 per person per year, there is a need for complete re-engineering of the existing public distribution system so as to ensure each and every grain reaches the right beneficiary, he said.
These are obviously not 'organic' desertions but brought about under intense military pressure, post the 9/5 arrests. It seemed as if the party was being dismantled the same way it was brought into power!, notes Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.
Ailing Rashtriya Janata Dal chief Lalu Prasad has returned to his home turf Bihar, amid escalating political temperatures over issues of caste census, the Rajya Sabha biennial polls and the Central Bureau of Investigation (CBI) registering yet another corruption case against the septuagenarian.
At the secret talks in Beijing last week, China had demanded that the Buddhist leader take "concrete steps" to curb "terrorist" activities of Tibetan Youth Congress based in India and not to support "plots to fan" violent activities and not to support any argument and activity to seek "Tibetan independence".
High cost of acquisition due to a variety of reasons, including higher GST than all other major countries, is slowing down car demand in the country and unless the Centre and states take steps to reduce it, the industry is unlikely to experience reasonable growth, according to Maruti Suzuki India Chairman R C Bhargava. Addressing shareholders in the company's Annual Report for 2020-21, he said after the devastating second wave of the coronavirus pandemic hitting the first quarter of FY22, the performance in the next three quarters will largely depend on how effectively people get vaccinated and observe safety protocols.
Their success or failure will eventually hinge on how much equipment the services procure, and whether the finance ministry supplements the allocations in the Budget
'The BJP's solo aim in Mumbai and Maharashtra is to finish off the Shiv Sena and Sharad Pawar's NCP.'
Gangwal said he will not vote in favour of resolutions that intend to expand the size of the board to 10 members. Gangwal wants a seven-member board.
The all-important Supreme Court verdict, which will decide the future of AIADMK supremo VK Sasikala, locked in a battle for chief ministership with O Pannerselvam, is set to be pronounced on Tuesday.
They'll be increasingly define everything from products to politics of this country.
'The Chinese navy is large and expanding both in numbers and capability by the day.' 'India too must take measures to safeguard its own interests, now and in the future.'
