Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
'I do not think the scam is limited to 1,563 students. The number is too low to have caused such an inflation in the marks'
Opposition to the Karnataka government's proposed implementation of a caste census has intensified with dominant communities raising concerns about the survey's findings. The report, which has not been publicly released, is said to contradict traditional perceptions regarding the numerical strength of various castes, particularly Veerashaiva-Lingayats and Vokkaligas. These communities, along with political parties, including sections of the ruling Congress, have criticized the survey as "unscientific" and demanded a fresh assessment. The Vokkaligara Sangha and the All India Veerashaiva Mahasabha have expressed strong opposition, alleging that the report misrepresents their populations and demanding a fresh survey. Meanwhile, Dalit and OBC groups have defended the survey and its recommendations, including an increase in reservation for OBCs to 51%. The controversy has fueled political tensions in Karnataka, with opposition parties accusing the Congress government of using the caste census for political gain.
The Centre on Monday announced seven big programmes for the holistic growth of agriculture and allied sectors with a total outlay of nearly Rs 14,000 crore, as it aims to improve farmers' income. The Union Cabinet approved seven big-ticket programmes related to the farm sector, including a Rs 2,817-crore digital agriculture mission and a Rs 3,979-crore scheme for crop science. "The Union Cabinet, chaired by Prime Minister Narendra Modi, approved seven schemes to improve farmers' lives and increase their incomes at a total outlay of Rs 13,966 crore," an official statement said.
'Residence-based reservation in PG medical courses is violative of Article 14 of the Constitution.'
Bharatiya Janata Party President (and Health Minister) J P Nadda and two of his predecessors (Defence Minister) Rajnath Singh and (Home Minister) Amit Shah called on former BJP president (1991 to 1993) Dr Murli Manohar Joshi on his 91st birthday.
It is for the first time in the history of Independent India that not a single Muslim is part of the Union Cabinet.
'The finance minister missed yet another opportunity to simplify the income tax structure in the Budget.' 'This was an opportune moment to get rid of the old tax system entirely and move fully to the new system,' asserts M Govinda Rao, member of the 14th Finance Commission.
A students' organization in Madhya Pradesh has demanded an inquiry after a woman, recently selected in the government service in the disabled quota, was seen dancing in a viral social media video. The woman, however, denied any irregularity in her appointment, claiming that she suffers from 45 percent disability due to bone-related problems. She stated that she is able to walk and even dance for short periods due to implants from surgery following a serious hip injury.
Voting for the Delhi Assembly elections began on Wednesday, with prominent leaders like President Droupadi Murmu, Union ministers S Jaishankar and Hardeep Singh Puri, Congress leader Rahul Gandhi, and Delhi Chief Minister Atishi casting their ballots early in the day. Other notable figures who participated in the electoral process included Lieutenant Governor V K Saxena, Chief Election Commissioner Rajiv Kumar, AAP leader and former Delhi deputy chief minister Manish Sisodia, Delhi BJP president Virendra Sachdeva, Delhi Police Commissioner Sanjay Arora, and Delhi Chief Electoral Officer R Alice Vaz. The election is a triangular contest between the ruling AAP, BJP, and Congress, with the AAP aiming for a third consecutive term. Polling is underway at 13,766 stations across Delhi's 70 assembly constituencies to decide the fate of 699 candidates. The results will be announced on February 8.
With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.
Prime Minister Narendra Modi on Friday slammed the Aam Aadmi Party as an 'aapda' (disaster) for Delhi, saying this 'aapda' had taken the national capital in its grip in the past 10 years.
It will be interesting to see what shifts have been recorded in the last decade-and-a-half -- from the effects of demonetisation and Covid's second wave to the drop in fertility and increase in farm workers -- but we will only know this if and when the Census is conducted, points out Aakar Patel.
Tolerant Muslims can be counted on fingers. I think their number is not even in the thousands, the Union minister of state for law and justice said.
'If delimitation is not handled well by the Centre, the southern states are certainly going to challenge it.'
Prime Minister Narendra Modi asserted that his "vocal for local" campaign is bearing fruit as Indian products are going global and making their presence felt across the world. He said that India was becoming the land of infinite innovations, finding affordable solutions and offering them to the world. The prime minister also highlighted the country's rising defense products, electronics, automobile sector, and the success of superfoods, Ayush products, and yoga. He said India should be presented to the world as it is, without any bias. Modi said that the country was now emerging as a manufacturing hub and a "factory of the world." He added that India was creating solutions that were affordable, accessible, and adaptable, and offering them to the world without gatekeeping.
Addressing a rally in Mhow on Monday, Gandhi said Dalits, backwards and tribals had no rights before Independence, when "only maharajas and rajas enjoyed rights".
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 lakh per annum while presenting the Union Budget 2025-26. Presenting the budget in Lok Sabha, the Finance Minister said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh.
The Supreme Court on Friday deferred the question of Aligarh Muslim University's minority status to a fresh bench and overruled the 1967 judgment that said the university cannot be considered a minority institution since it was created by a central law.
'Integrated with sensors, cameras, Nvidia Jetson processors, LiDAR technology and AI model computation, the glasses provide a real-time interpretation of the environment and the individual's surroundings.'
Under the title of "legal enforcement", states and Union Territories were directed to appoint officers solely responsible for discharging the functions of Child Marriage Prohibition Officers at the district level.
Finance Minister Nirmala Sitharaman on Saturday unveiled 'transformative' tax reforms that ranged from a simpler income tax law to higher TCS threshold for remittances and income tax benefits for middle class.
'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'
Job creation, improving farm productivity, and mobilising public funds for infrastructure development were some of the issues that figured during the interaction between Prime Minister Narendra Modi and economists ahead of the 2025-26 Union Budget. The prime minister on Tuesday met eminent economists and sectoral experts at NITI Aayog to hear their views and suggestions for the upcoming Budget. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2025-26 in the Lok Sabha on February 1, 2025.
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
Manipur Chief Minister N Biren Singh resigned on Sunday, following months of ethnic violence in the state. BJP leaders have begun closed-door meetings to decide the next course of action. The opposition welcomed Singh's resignation, while the BJP hopes the move will help restore peace in the region.
Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.
These are the 15 seats to watch out for in Rajasthan where assembly elections will be held on November 23. The state has 200 constituencies.
The Central Bureau of Investigation (CBI) has arrested two persons including a key accused in the National Eligibility cum Entrance Test-Undergraduate (NEET-UG) paper leak case who allegedly stole the paper from a National Testing Agency's trunk in Hazaribagh in Jharkhand, officials said Tuesday.
Budget 2025 lays down a transformational roadmap for India's digital and economic future, focusing on AI-driven enterprise modernisation, workforce skilling, and sustainable innovation. With bold investments in AI, digital infrastructure, and ease of doing business, the government has set the stage for businesses to scale, innovate and compete on a global level.
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.
When was the last time we heard this government speaking of the disaster in primary education, rather than Ganga cruises and cheetahs? Less money -- Rs 88,000 crore -- was spent by the Union government on education in its last Budget than has been allocated to the Bullet train, notes Aakar Patel.
The Budget 2025-26 meets the expectations of fiscal consolidation, maintaining capital expenditure, and boosting consumption through tax cuts.
Union minister Mansukh Mandaviya on Friday said target has been set to position India among the top five Olympics medal-winning countries by 2047, when it celebrates the centenary of its independence.
"A controversy is going on these days that Darwin's theory of evolution has been removed from science books by the NCERT and the periodic table has been left out, but I would like to state here publicly that nothing of this sort has happened," he said.
Surabhi Kumari was taken into custody after two days of detailed questioning by the CBI, the officials said.
A special CBI court in Godhra on Saturday granted the probe agency four-day custody of Jay Jalaram School's principal Purushottam Sharma, teacher Tushar Bhatt, and middlemen Vibhor Anand and Arif Vohra, all of whom are alleged to be involved in irregularities in the May 5 NEET-UG exam in Godhra.
Tamil Nadu Chief Minister M K Stalin on Tuesday warned of "another language war" amid the ongoing Hindi imposition row, stating that the state is "ready" for it. He also expressed concerns about the potential loss of Lok Sabha seats due to the proposed delimitation process, which he believes will disadvantage states that have successfully implemented population control measures. Stalin has called for an all-party meeting on March 5 to discuss the issue, urging unity across political lines to address the perceived threat to Tamil Nadu's representation in Parliament.
'In today's political spectrum, it is the Bharatiya Janata Party that always says, nation first.'
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.