Browsing: India

Offshore funds seeking tax exemption on their global income will no longer have to comply with conditions such as maintaining at least 25 investors. The government has proposed a major easing of the eligibility norms for Eligible Investment Funds (EIFs) managed from India as part of its efforts to establish the country as a global fund management hub. Under the Taxation and Other Laws (Amendment) Bill, 2026, offshore funds seeking tax exemption on their global income will no longer have to comply with conditions such as maintaining at least 25 investors, limiting any single investor’s participation to 10%, restricting investments…

The National Company Law Tribunal has cleared the sale of aircraft registered as VT-JES ($16 million), VT-JEV ($12.5 million) and VT-JEM ($17.5 million). (File Photo) MUMBAI: The first of three Jet Airways Boeing 777-300ERs that had been sitting idle at Mumbai airport since 2019 departed on Monday, more than seven years after the airline grounded its fleet.The tail fins of the grounded Jet Airways aircraft have long been a familiar, faintly melancholic sight, visible to passengers landing and taking off at Mumbai airport, as well as from outside the airport’s boundary wall in Kalina, where the jets remained parked in…

Puttur: Vishwa Hindu Parishad (VHP) and Bajrang Dal have urged the administration of Mahatobhara Sri Mahalingeshwara Temple in Puttur to ensure transparency and consult devotees before implementing development projects, including a proposed road.In a memorandum submitted to the temple’s executive officer, the organisations said they supported the shrine’s development and efforts to improve facilities for devotees. However, they stressed that projects should not affect religious sentiments or compromise the temple’s traditions and sanctity.They said no road should be opened for public movement through land belonging to a temple governed by the Hindu religious institutions and charitable endowments department. If a…

Hyderabad: Alleging both Congress and BJP deceived the youth on recruitment, BRS working president KT Rama Rao said the Congress govt had promised a job calendar and fill two lakh jobs a year. While there are 20,000 vacancies in the police department, only 7,000 were notified. “This is not a job calendar; it is a jobless calendar,” he said. The govt had failed to provide even 10,000 jobs in two years.Addressing a press conference at Telangana Bhavan on Monday, KTR said that even the job calendar presented in the legislature had become meaningless. He said an employed youth Venu Kumar,…

Students wait for UG admissions at a college Bhubaneswar: In the wake of the prevailing flood situation and the difficulties being faced by students and colleges in the affected parts of the state, higher education department has extended the timeline for the ongoing Phase-I admission process for undergraduate courses for 2026-27 academic session.The revised schedule applies to admissions to all plus-three degree courses offered by the state public universities, govt, aided, unaided and law colleges participating under Student Academic Management System.As per the revised timeline, candidates allotted seats in the third and final selection round can report to their allotted…

COIMBATORE: As part of the ongoing measures to curb road accidents, the Coimbatore city police have registered 855 drunk driving cases during an intensive, week-long vehicle checking drive here.According to data available with the Coimbatore city police, traffic and law and order police registered 855 cases from July 26 to August 2. Of this, 309 were registered by traffic police while 546 were booked by law and order police in the city.Coimbatore city deputy commissioner of police (traffic) S S Maheshwaran said the number of accidents from Jan 1 to Aug 2 had increased compared to the same period in…

Minister Ranoj Pegu inspects NHPC’s Lower Subansiri projectMinister Ranoj Pegu inspects NHPC’s Lower Subansiri projectMinister Ranoj Pegu inspects NHPC’s Lower Subansiri projectMinister Ranoj Pegu inspects NHPC’s Lower Subansiri projectMinister Ranoj Pegu inspects NHPC’s Lower Subansiri projectMinister Ranoj Pegu inspects NHPC’s Lower Subansiri projectMinister Ranoj Pegu inspects NHPC’s Lower Subansiri projectMinister Ranoj Pegu inspects NHPC’s Lower Subansiri projectMinister Ranoj Pegu inspects NHPC’s Lower Subansiri project Dibrugarh: Assam minister Ranoj Pegu on Monday inspected NHPC’s Lower Subansiri project and sought to allay dam-safety fears, as upper Assam continued to grapple with flooding.The 2,000 MW Lower Subansiri Hydroelectric Project at Gerukamukh lies on…

Special lecture was held on ‘Emotional Wellbeing in the Digital Era’ Mysuru: SDM Institute for Management Development (SDMIMD) organised a special lecture on ‘Emotional Wellbeing in the Digital Era’. The session was delivered by Raveesh BN, Professor and HoD of psychiatry at Mysore Medical College and Research Institute (MMC&RI), who addressed students on the growing challenges of social media addiction, digital stress, and the importance of cultivating healthy mental habits.Addressing the students, Raveesh observed that digital tools are a double-edged sword. While technology offers numerous advantages, its adverse effects cannot be ignored. He pointed out that today’s generation is increasingly…

Jhansi has long occupied a distinguished place in India’s history as the land of Rani Lakshmibai, whose valour during the First War of Independence in 1857 made the city a symbol of courage and patriotism. Yet, despite its strategic location at the crossroads of Uttar Pradesh and Madhya Pradesh, Jhansi remained economically underdeveloped for decades. As part of the drought-prone Bundelkhand region, it struggled with limited industrialisation, dependence on agriculture, inadequate private investment and large-scale migration of youth in search of employment.Over the past nine years, however, Jhansi has begun to rewrite its economic story. Backed by visionary policies and…

No casualties or injuries were reported, though one coach gutted in the blaze Patna: A coach of the Samastipur-Saharsa MEMU train caught fire at Simri Bakhtiyarpur railway station in Saharsa district early Monday, triggering panic among passengers and disrupting rail traffic for nearly two hours. No casualties or injuries were reported, though one coach gutted in the blaze.According to Samastipur divisional railway manager (DRM) Jyoti Prakash Mishra, the incident occurred around 3.10am when the train arrived at platform no. 2 of Simri Bakhtiyarpur station. As flames spread through the coach, loco pilot Murari Kumar and assistant loco pilot Deepak Kumar…