After the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points last week, several major banks have moved to pass on the benefit to borrowers. Latest addition to the wave is the State Bank of India (SBI), which announced cuts across its lending rate benchmarks, in a move aimed at easing…
MEERUT: Stressing that “no home can be demolished without due process”, a division bench of justices Ajit Kumar and Satyavir Singh of Allahabad HC stayed the demolition of 27 houses in Bareilly’s Shahabad area in Prem Nagar, directing the civic authorities not to take any coercive action “until the competent authority passes a final order.“The…
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As attention turns to Budget 2026, the ministry of road transport and highways (MoRTH) stands out as one of the government’s most consistently backed infrastructure arms, with allocations for roadways rising sharply over the past five years.Budgetary support for the sector has nearly tripled since FY21. From Rs 99,159 crore in FY21, allocations increased to…
PUNE: After several flip flops and a series of meetings with different parties, both NCP groups finally on Monday announced their tie-up for Pune municipal corporation and Pimpri Chinchwad municipal corporation polls scheduled for Jan 15. However, candidates will contest on their respective party symbols.An undivided NCP held office in PMC from 2007 to 2017,…
Two terrorists affiliated with Pakistan-based Jaish-e-Mohammad were killed in an operation by the Army, police, and CRPF in a forested area of Kishtwar district, Jammu and Kashmir. Prime Minister Narendra Modi inaugurated the Meerut Metro and Namo Bharat RRTS in Meerut, Uttar Pradesh, flagging off the remaining portions of India’s first high-speed RRTS. Eight suspects…
PricewaterhouseCoopers (PwC), one of the big four accounting firms, is moving to deepen its engagement with crypto clients, citing a shift in U.S. regulation that is making the sector easier to serve at scale, the Financial Times reported. Paul Griggs, PwC’s U.S. senior partner and CEO, said the firm plans to “lean in” to crypto-related…
MUMBAI: The Bengaluru bench of Income Tax Appellate Tribunal (ITAT) has dismissed Flipkart co-founder Binny Bansal‘s non-resident claim, denying him the benefit of India-Singapore Tax Treaty sought by him. The tribunal passed the final order on Jan 9.In his appeal, Bansal argued that he had gone outside India (Singapore) for employment, and hence should be…
Silver soars to a record high, Indians rush to cash in!The India Bullion & Jewellers Association (IBJA) estimates that about 100 tonnes of old silver were sold in just one week, a volume that typically takes several months to surface. Under normal circumstances, the domestic market receives only 10–15 tonnes of old silver in an…
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