Author: Indmedia

A key measure of US inflation fell to nearly a five-year low in January as apartment rental price growth slowed and gas prices declined, offering some relief to consumers after years of sharp cost increases.Inflation dropped to 2.4% in January compared with a year earlier, down from 2.7% in December and moving closer to the Federal Reserve’s 2% target, AP reported. Core prices, which exclude volatile food and energy categories, rose 2.5% year-on-year in January, down from 2.6% the previous month and marking the smallest increase since March 2021.The data suggests inflationary pressures could be easing, though it comes after…

With the current outdated definition of affordable housing, CREDAI said the affordable housing segment’s share could decline further from 18% to nearly 12% of total housing supply. Image used for representative purpose only. | Photo Credit: Reuters Realtors’ apex body CREDAI on Sunday (February 1, 2026) expressed disappointment that the Union Budget did not provide any incentives to boost demand and supply of affordable housing.CREDAI, which represents around 15,000 real estate developers from across the country, warned that the share of affordable housing in the overall launch of new homes would decline further.Follow Union Budget 2026 LIVE updatesHowever, the association…

Venkatesan Vijayaraghavan, COO, Virtusa, is in a conversation with John Xavier, Tech Editor, The Hindu, at a session on ‘Managing the post Anthropic Plug-in Era’ at The Hindu Tech Summit 2026 on Friday (February 13, 2026).   | Photo Credit: M. SRINATH Large enterprises have to unravel business processes to make them AI-first and to rewire business processes in terms of AI-ready, Virtusa COO Venkatesan Vijayaraghavan said on Friday (February 13, 2026) at The Hindu Tech Summit 2026.In a conversation with John Xavier, Tech Editor, The Hindu, on the topic, ‘Managing the post Anthropic Plug-in Era’, Mr. Vijayaraghavan said, “I am assuring you all.…

NAIROBI: The Directorate General of Civil Aviation (DGCA) has fined Air India Rs 1 crore for operating flights on an aircraft without a valid airworthiness certificate. The regulator has also directed some post holders from engineering be removed for this serious lapse, say sources. A serious lapse, this episode had shown lack of oversight within the organisation.”Air India acknowledges the receipt of a DGCA order in relation to an incident that was voluntarily reported back in 2025. All identified gaps have since been satisfactorily addressed and shared with the authority,” the airline said in a statement.The DGCA had on Dec…

Kolkata: Chief Election Commissioner (CEC) Gyanesh Kumar on Friday gave a clear message that no foreigners (non Indians) should be part of the Bengal electoral list while names of no Indians should be omitted from the final electoral rolls in Bengal. A high level meeting was conducted today on the progress of Bengal SIR, with the final electoral roll scheduled to be published on February 28. CEC gave the message today during a virtual meeting with West Bengal CEO Manoj Kumar Agarwal, all Rolls Observers, top officials of CEO’s office and all the DEOs. The Election Commission of India (ECI)…

New Delhi: In a major crackdown, Delhi Police has frozen “illegally” acquired assets worth around Rs 1 crore belonging to alleged drug traffickers. In one of the cases, action was taken against three individuals — Deepak, Vikram and Tushar — who were apprehended with 320 grams of heroin. Financial investigations into the role of the trio, who had extensive criminal records, led to the freezing of assets totaling Rs 7.6 lakh. In another operation, Anti-Narcotics Task Force (ANTF) targeted a syndicate involved in the distribution of psychotropic substances. Six accused people, including Vikash, Sudhir and Vijay Goel, were arrested after…

Hyderabad: With some exit polls indicating no party is likely to get a clear majority in some municipalities and corporations, major political parties, especially BJP and BRS, have decided to shift their nominees to camps immediately. The winning candidates will be brought back to the respective corporations and municipalities on the day of the election of chairperson, vice chairperson and mayor on Feb 16.With the counting of votes in the polls to 116 municipalities and seven municipal corporations to be take up at 123 centres across the state from 8am on Friday, all the parties were anxiously waiting for the…

Chennai: After a year-long search, city police arrested Jeevan Singh, 60, from Pune who disguised himself as a monk and burgled several Jain temples in TN, Telangana, and Karnataka.Police said he was arrested by a team led by inspector Alagammal and produced before a Pune court. A transit warrant was obtained, and he was brought to Chennai by train and lodged in Puzhal prison.Chennai: Justice Delayed, Civic Defiance, Political Show of Strength & Safety AlarmsThe case surfaced in Feb 2025, when a 600g gold bar and a 10kg silver crown were stolen from a Jain temple on Mint Street in…

Ahmedabad: A passenger travelling from Ahmedabad to Goa inadvertently left behind a bundle of cash totalling Rs 50,000 at the security hold area of Sardar Vallabhbhai Patel International Airport on Thursday.The incident occurred at the security check point when Hardik Dave, after completing the screening process, accidentally dropped the cash on the output roller of the X-BIS machine and proceeded towards the departure gate. An alert personnel of the Central Industrial Security Force (CISF), noticed the unattended currency on the conveyor belt. Ahmedabad: Transit Surge, Civic Reforms, Campus Wins & Crime ShockActing swiftly, the team secured the cash and initiated…

COIMBATORE: A college woman died in a road accident at the Arivoli Nagar junction on the newly laid Western Ring Road in Coimbatore district on Friday morning. Following the accident, around 200 residents of Arivoli Nagar near Kovaipudur began a road roko protest demanding construction of either a flyover or an underpass as it was the fourth accident at the junction in the last seven days. They said vehicles were moving at a high speed on the road. The protest that started around 11am was still going on when the report was filed on Thursday evening. The deceased has been…