LUCKNOW: The proposal to automatically raise electricity bills every year — even if state regulators fail to issue timely tariff orders — has ignited controversy over India’s new draft National Electricity Policy (NEP), 2026.The Union ministry of power published the draft policy on Jan 20, inviting comments and suggestions from stakeholders within 30 days. Among…
India’s maritime sector is projected to attract investments of more than Rs 80 lakh crore in the coming years, helping the country regain its long-lost nautical supremacy and generate over 1.5 crore jobs, Union Shipping Minister Sarbananda Sonowal said on Saturday.Speaking at the inauguration of the second phase of development of Vizhinjam port in Thiruvananthapuram,…
Cuba is keen to deepen its economic engagement with India across sectors such as agro-industry, biotechnology, healthcare, information technology, renewable energy, sports and tourism, Cuban Ambassador to India Juan Carlos Marsan Aguilera said on Saturday, reported PTI. Addressing a special session on India–Cuba bilateral trade and economic cooperation organised by the Merchants’ Chamber of Commerce…
The World Bank has approved technical and financial assistance of Rs 5,700 crore for Haryana under the ‘Jal Sanrakshit Haryana Project’, aimed at making the state self-reliant in the water sector, Chief Minister Nayab Singh Saini said on Saturday.Chairing a review meeting on the programme, Saini said the funds will be released in phases between…
The Trump administration has quietly expanded the scope for government-backed mortgage giants Fannie Mae and Freddie Mac to buy far more mortgage bonds than previously allowed, a move aimed at lowering home loan rates but one that has revived concerns about financial risk and policy overreach.According to an internal email obtained by the Associated Press,…
When Karan Singh (Appellant) found himself standing alone, convicted of dowry death and cruelty under Section 304-B (Dowry Death) and Section 498-A of the Indian Penal Code, 1860, his legal options narrowed significantly. Though tried alongside his parents, who were acquitted, the Sessions Court convicted Karan Singh, sentencing him to seven years rigorous imprisonment for…
India’s residential real estate market moved into a phase of normalisation in 2025, with housing sales moderating from elevated levels even as prices stayed firm, reflecting a more disciplined and resilient market structure, according to a report by digital real estate transaction and advisory platform PropTiger.Across the top eight cities, all-India residential sales declined 12%…
The National Stock Exchange (NSE) has set up an investor awareness pavilion at the 49th International Kolkata Book Fair, stepping up its outreach efforts to promote financial literacy and informed investing among the public.The pavilion, which opened on January 22, will remain operational for 14 days at Boimela Prangan in Bidhannagar, NSE said in a…
Realtors’ apex body CREDAI has urged the government to launch a National Rental Housing Mission in the upcoming Union Budget, proposing fiscal incentives for developers and tax relief for tenants to boost the underdeveloped organised rental housing market.In its Budget wishlist, CREDAI said rapid urbanisation and rising migrant inflows have sharply increased demand for rental…
(AI image generated using ChatGPT) The date for the presentation of the Union Budget is drawing closer and everyone is speculating what Nirmala Sitharaman‘s bahikhata might just be holding. More than just a government financial statement, the event is a roadmap for taxation, spending and public policy that influences how the economy performs over the…