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PSC critical of delays

New Delhi, Feb. 2 -- The Parliamentary Standing Committee (PSC) on Defence has expressed concern over slippages in the development of the prestigious light combat aircraft (LCA) and the Akash and Tris... Read More


Budget 2026 makes SGBs taxable: Here are 3 investment schemes that attract zero taxes

New Delhi, Feb. 2 -- In a setback for investors, Budget 2026 imposed capital gain taxes on Sovereign Gold Bonds (SGBs) that have not been directly bought from the Reserve Bank of India (RBI), after ye... Read More


SC clears way for tribunal to adjudicate Tamil Nadu-Karnataka Pennaiyar dispute

India, Feb. 2 -- The Supreme Court on Monday cleared the way for the constitution of an inter-state water tribunal to adjudicate the long-pending Pennaiyar river water dispute between Tamil Nadu and K... Read More


Law regulating private school fees to be implemented from new academic session: Delhi govt tells Supreme Court

India, Feb. 2 -- The Delhi government told the Supreme Court on Monday that the law regulating private school fees will be implemented from academic session 2026-27 and not the ongoing year. This com... Read More


Supreme Court bars publication of citizenship numbers in driving licence results

Kathmandu, Feb. 2 -- The Supreme Court has ruled that publishing candidates' citizenship numbers while releasing driving licence examination results is unlawful. A division bench of Justices Manoj Ku... Read More


What is buyback tax? Income Tax Dept explains Budget 2026 changes

India, Feb. 2 -- The Income Tax department on Saturday clarified how the taxation of share buybacks has changed following announcements made in the Union Budget 2026, explaining that the revised frame... Read More


Barometers pare gains; PSU bank shares decline for 2nd decline

Mumbai, Feb. 2 -- The key equity benchmarks reversed all gains and traded with small cuts in the early afternoon trade, extending their Budget Day losses. Major indices, which had opened modestly high... Read More


Budget 2026: Five university townships to boost learning, jobs

India, Feb. 2 -- Union finance minister Nirmala Sitharaman on Sunday announced the setting up of a new National Institute of Design (NID) in eastern India, five university townships near industrial co... Read More


Big tax change for investors! Budget 2026 sets new rule for interest against MF, dividend income

New Delhi, Feb. 2 -- The Union Budget 2026 has proposed a significant change that directly affects investors who borrow funds to invest in dividend-paying stocks or mutual funds. The proposal removes ... Read More


India announces Rs 12.8 billion grant for Nepal in FY 2026/27

Nepal, Feb. 2 -- Nepal will be receiving grants worth Rs 12.8 billion (INR 8 billion) from India. The Indian government made the announcement for its northern neighbor while unveiling the budget for t... Read More