Congress hopes Union Budget 2020 will provide relief to salaried class, invest in rural India

Saturday, February 1st, 2020

New Delhi : The Congress on Saturday expressed hope that the Union Budget would provide relief to the salaried class through tax cuts and invest in rural India besides providing a healing touch to the common man and industry facing “hardship” since demonetisation. Congress chief spokesperson Randeep Surjewala said the last budget led to crashing […]

Note ban, GST hits residential launches in Bengaluru by 67%

Tuesday, December 12th, 2017

Bangaluru: Bangaluru: The demonetisation of high value notes, roll-out of the Goods and Services Tax (GST) and RERA, have drastically impacted the housing market in Bengaluru as the number of of new launches has drastically dropped 66.7% during the first three quarters of 2017. The tech city witnessed launch of only 13,000 new residential units […]

No charge of graft against Modi govt: Rajnath

Tuesday, February 7th, 2017

Mathura: Home Minister Rajnath Singh has claimed that there has been not a single corruption charge against the Modi government and targeted Rahul Gandhi, saying the Congress leader is trying to ride a punctured cycle. “Compared to the SP and Congress governments, not even a single charge of corruption has come to light since the […]

Timing for demonetisation was perfect: PM

Tuesday, February 7th, 2017
Narendra Modi

New Delhi: Answering criticism over demonetisation, Prime Minister Narendra Modi today asserted in Lok Sabha that the timing for the decision was perfect as the economy was doing well and hit out at Congress whose record he questioned with regard to various issues. Replying to a debate on Motion of  Thanks on the President’s Address […]

Over 1,100 searches, 5,100 notices in demonetisation so far: FM

Friday, February 3rd, 2017
Arun Jaitley

New Delhi: As part of efforts to combat blackmoney and fake currency through demonetisation, government agencies have conducted over 1,100 searches and issued 5,100 notices to verify suspicious high-value cash deposits. This led to seizure of valuables worth over Rs 610 crore, of which as high as Rs 513 crore were in cash. “Post demonetisation, […]

Demonetisation bold, decisive step; to boost economy: Jaitley

Wednesday, February 1st, 2017

New Delhi: Terming demonetisation as “bold and decisive” measure, Finance Minister Arun Jaitley today said it will have a multiplier effect on the economy and will create bigger, cleaner and real GDP. “We are moving from informal to formal economy and the government is now seen as a trusted custodian of public money,” he said […]

Survey cuts FY17 growth to 6.5%, urges lower tax

Wednesday, February 1st, 2017
Arun Jaitley

New Delhi: This year’s Economic Survey has suggested a cut in tax rates to reverse the decline in growth caused by demonetisation. Presented in Parliament on Tuesday, the document for 2016-17 said growth in the current fiscal was likely to decelerate to 6.5% from the earlier projection of 7.1%. Policy support in the Budget, scheduled […]

Note ban: ED attaches Rs 25 cr of assets of former Karnataka officer

Tuesday, January 31st, 2017
Note ban

Bengaluru: ED today attached assets worth Rs 25 crore, including three huge agricultural lands and a farm house, allegedly acquired by Karnataka’s ex-chief project officer of highway development department in connection with its money laundering probe registered post demonetisation. The agency identified the accused as S C Jayachandra, who was also arrested by the agency […]

Parliament should function despite differences: PM

Monday, January 30th, 2017
Narendra Modi

New Delhi: Seeking cooperation of all parties in running Parliament during Budget session, Prime Minister Narendra Modi today said it is a ‘mahapanchayat’ which should function despite differences which may crop up during poll season. After the Winter Session was washed out due to protests over demonetisation, Modi reached out to the opposition on the […]

I-T raids on houses of Ramesh Jarkiholi, brother

Friday, January 20th, 2017
I-T raids

Belagavi: The politically powerful Jarkiholi family woke up to a shock on Thursday as the Income Tax (I-T) Department conducted simultaneous raids on the residences of Small Scale Industries Minister Ramesh Jarkiholi and his brother Lakhan at Gokak. A separate team also raided the residence of KPCC women’s wing president Laxmi Hebbalkar at Kuvempu Nagar […]