The Winter Session of Parliament, beginning Monday, will witness the introduction of five new bills, reflecting the government’s legislative priorities. The session is scheduled to run from November 27 to December 15, featuring 17 working days. Key Bills on the Agenda The proposed legislation spans a variety of critical issues, focusing on governance, reforms, and
India is likely to exceed its capital expenditure (capex) target of ₹11.1 trillion for fiscal year 2024-25, according to Economic Affairs Secretary Ajay Seth. Speaking at an event in New Delhi, Seth emphasized that while inflationary pressures exist due to food prices, the government remains confident in its growth projections of 6.5% to 7% for […]
IRDAI Chairman Debasish Panda has suggested the removal of Goods and Services Tax (GST) on health and life insurance premiums, highlighting the need for input tax credit mechanisms to ensure that policyholders benefit. Speaking at the Global Insurance Summit in Mumbai, Panda emphasized that the removal of GST should align with input tax credits to […]
India’s Defence Research and Development Organisation (DRDO) has successfully tested its long-range hypersonic missile, achieving an impressive speed of Mach 6. This groundbreaking trial marks a significant milestone in India’s defense capabilities and technological advancements in missile systems. The test was conducted at a classified location, where the missile
In a dramatic operation in the Arabian Sea, the Indian Coast Guard (ICG) successfully forced a Pakistani ship to release Indian fishermen it had captured. The incident, which unfolded over two hours, highlights the ICG’s commitment to safeguarding Indian maritime interests and ensuring the safety of its citizens. High-Stakes Operation The incident began when a […]
The Parliamentary Standing Committee on Defence convened in Chennai on Saturday to assess the Indian Coast Guard’s (ICG) performance in safeguarding India’s extensive maritime boundaries. Chaired by MP Radha Mohan Singh, the meeting included participation from senior officials of the Ministry of Defence (MoD) and ICG. Focus on Maritime Security The review
The Chief of Army Staff of India, General Manoj Pande, is set to visit Nepal to engage in discussions with his Nepalese counterpart, General Prabhu Ram Sharma, regarding the resumption of Gorkha recruitment into the Indian Army. The visit comes amid efforts to mend ties following a hiatus in recruitment caused by Nepal’s concerns over […]
Congress MP Rahul Gandhi on Saturday launched a sharp attack on Prime Minister Narendra Modi, suggesting he is showing signs of memory loss, similar to US President Joe Biden, who has often been in the spotlight for his verbal missteps. Speaking at a rally in Amravati, Maharashtra, Gandhi drew comparisons between the two leaders while […]
The Income Tax (I-T) Department has launched a compliance and awareness campaign urging taxpayers to disclose any foreign assets or income earned from abroad in their Income Tax Return (ITR) for the assessment year 2024-25. Failure to comply could result in a hefty penalty of ₹10 lakh under the Black Money (Undisclosed Foreign Income and […]
