Only parents, seniors can file complaints under Senior Citizens Act: HC
The Madras High Court has ruled that only a parent or a person aged 60 or above can file a complaint under the Maintenance and Welfare of Parents and Senior Citizens Act,…
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Official India: RBI, SEBI, and government announcements, decoded into plain English.
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Rahul Gandhi challenges HC asset probe order in Supreme Court
Congress leader Rahul Gandhi has moved the Supreme Court against an Allahabad High Court order directing the CBI and ED to verify allegations of disproportionate assets against him. A bench of Chief…
Air India losses top Rs 47,821 crore under Tata’s Chandra
Air India Group has logged cumulative losses of Rs 47,821 crore since the Tata group took over in January 2022, making its turnaround one of the biggest unfinished projects of outgoing Tata…
India eating out volume drops 8.6% as LPG crisis bites
Food and beverage sales volumes outside the home fell 8.6% in the year to March 2026, according to Worldpanel by Numerator. Consumer spending rose 0.5%, but purchasing quantities dropped as people took…
ITAT Mumbai: Higher stamp value alone cannot prove undisclosed income
The Income Tax Appellate Tribunal (ITAT) Mumbai has ruled that a higher stamp-duty valuation of a property, by itself, cannot prove that a buyer made an undisclosed investment. The order came in…
No EPS-95 pension hike to Rs 7,500, govt tells Lok Sabha
Minister of State for Labour Shobha Karandlaje told the Lok Sabha on 10 August that the government has not increased the minimum pension under EPS-1995 from Rs 1,000 to Rs 7,500. The…
Rural and semi-urban India fuels 14-16% credit growth
India’s credit growth has surged 14-16% in recent years, driven by rural and semi-urban areas, Livemint reports. Loans for gold, homes, and vehicles have increased, and unsecured credit has expanded rapidly through…
Paperboard makers seek anti-dumping duty on Indonesian imports
The Indian Paper Manufacturers’ Association (IPMA) has asked the government to immediately impose Anti-Dumping Duty (ADD) on Virgin Multi-Layer Paperboard imports from Indonesia. The Directorate General of Trade Remedies (DGTR) has already…
ICRA: E-bus subsidy cuts raise operator funding needs
Government subsidies for electric buses have dropped from ₹35-55 lakh per bus under FAME-II to ₹20-30 lakh under PM E-DRIVE, ICRA said. This raises the upfront funding operators must arrange, even as…
Harish Rao demands cancellation of Raidurg land auction over heritage row
Former Telangana minister T Harish Rao has demanded the immediate cancellation of the Telangana State Industrial Infrastructure Corporation (TGIIC) auction of 10.63 acres in Survey No. 83/1 at Raidurg Panmaktha, scheduled for…
