Hospitality push: Industry body seeks sector-specific reforms, infrastructure status for hotels ahead of Budget

The Hotel Association of India (HAI) has urged policymakers to prioritise sector-specific reforms to drive growth and resilience in the hospitality industry, reiterating its long-standing demand for infrastructure status and industry benefits for hotels ahead of the Union Budget .Sharing the sector’s expectations, HAI President K B Kachru said the hotel industry deserves stronger policy…

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‘Rectify the glitches, or …’: CM Mamata writes of CEC; urges to stop ‘unplanned’ Bengal SIR | India News

CEC Gyanesh Kumar and Mamata Banerjee (File photo) NEW DELHI: West Bengal chief minister Mamata Banerjee on Saturday wrote to Chief Election Commissioner (CEC) Gyanesh Kumar, criticising the “procedural violations” and “administrative lapses” in the Special Intensive Revision (SIR), which is currently under way in the poll-bound state.Mamata Banerjee called the exercise “unplanned, arbitrary and…

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U.S. sanctions network that allegedly laundered $800 million in crypto for North Korea

The U.S. Treasury Department imposed sanctions on six individuals and two companies it says helped North Korea convert $800 million in 2024 into crypto to launder the money and fund its weapons of mass destruction (WMD) programs. The Treasury’s Office of Foreign Assets Control (OFAC) said Thursday that the operation placed IT workers into foreign…

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Redefine affordable housing parameters, banks tell govt; ‘rising ticket sizes, interest costs need to be considered’

MUMBAI: Banks have asked govt to review the definition of affordable housing by revising property value and size thresholds to reflect inflation and changing requirements, as rising ticket sizes and interest costs render existing limits less relevant.“We are the market leaders in housing finance and our home loan portfolio has grown by 13.7%. Our average…

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Income tax refund: Your refund may be delayed if revised return not filed by December 31, 2025 deadline – here’s why

The December 31, 2025 deadline is significant as it marks the last date for filing both revised and belated income tax returns. (AI image) Income tax refund status: The Income Tax Department has stepped up scrutiny for tax returns and several taxpayers have not received their income tax refunds this year. The delay in tax…

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‘We all benefit’: EU chief says ‘successful India makes world more stable’, after attending Republic Day parade | India News

NEW DELHI: European Commission president Ursula von der Leyen said on Monday, a successful India makes the world “more stable, prosperous and secure,” after attending India’s 77th Republic Day celebrations at Kartavya Path, a day ahead of the India–EU summit.Von der Leyen and European Council president Antonio Costa attended the Republic Day parade as chief…

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