Latest News, Updates & Breaking Headlines
India does not see any immediate threat to its fiscal deficit target for 2026-27 despite the financial strain from the ongoing Middle East crisis, and the government will continue to prioritise capital expenditure, according to two government sources.New Delhi had budgeted a fiscal deficit of 4.3 per cent of GDP for the financial year that…
UAE carriers have resumed some flight operations at major airports across the country, including Abu Dhabi, Dubai, Sharjah, and Ras Al Khaimah, as the Middle East airspace is now partially open again. However, the carriers have reminded air travelers that flight schedules are subject to change, hence the need for air travelers to stay updated…
Under pressure, Karnataka to revise internal quota of SC communities BENGALURU: Under pressure from Left sect Scheduled Caste (SC) communities and two of its own ministers, Karanataka’s Siddaramaiah-led Congress govt has decided to revisit an earlier decision to fill 56,432 govt posts without internal reservation. The cabinet is expected to deliberate on introducing pro rata…
Warner Bros. Discovery (WBD) has reportedly rejected Paramount-Skydance’s latest $30-per-share takeover bid. However, WBD is giving the Hollywood studio seven days to submit a better offer to acquire the owner of HBO Max and the Harry Potter franchise. According to a report by the news agency Reuters, the rival bidder has until February 23 to…
Several banking and card-related changes will come into effect from February 2026, affecting everyday transactions, credit card benefits and compliance requirements for customers of State Bank of India, ICICI Bank, HDFC Bank and Punjab National Bank, according to ET.Among the key changes, SBI will revise service charges on certain IMPS transactions from February 15, 2026….
Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman Wednesday said that govt is moving to update the base year for calculating GDP to 2022-23 instead of 2010-11 and dismissed concerns over an IMF report’s reference to India’s data quality.The new base, which will also come with a revised basket to goods and services,…
The Income Tax department will begin sending SMS and email alerts from November 28 to about 25,000 individuals flagged as “high-risk” for not disclosing foreign assets in their income tax returns (ITRs) for Assessment Year 2025–26, PTI reported citing sources. The cases were shortlisted on the basis of data received from foreign jurisdictions under the…
