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19 Feb

From Biryani Bills to Nationwide Fraud: How a Local Probe Revealed a Huge Tax Evasion Network

nanika0 CommentsIndia

A routine inspection of biryani restaurants in Hyderabad has led to the exposure of a massive ₹70,000 crore tax evasion scam spanning across India. What initially appeared to be a standard compliance check soon uncovered widespread manipulation of restaurant billing systems.Investigators found that over one lakh restaurants were using common billing software to record sales. However, many restaurant owners allegedly tampered with the system to underreport income and evade taxes. Officials analyzed nearly 60 terabytes of data from about 1.77 lakh restaurants using advanced digital tools and artificial intelligence.The probe revealed that after customers paid their bills, several transactions were…

06 Feb

Budget Session Disrupted as Lok Sabha Adjourned Amid Opposition Protests

editor0 CommentsIndia

The Lok Sabha was adjourned for the day on Friday as persistent Opposition protests continued to disrupt proceedings during the Budget Session. Speaker Om Birla strongly reprimanded members for sloganeering and displaying placards, noting that a total of 19 hours and 13 minutes of House time has been lost so far due to repeated disruptions.Following the adjournment, it was announced that the Lok Sabha will reconvene at 11 a.m. on Monday, February 9, 2026. The first phase of the Budget Session is scheduled to conclude on February 13, after which Parliament will break for recess until March 9.In the Rajya…

17 Oct

‘Won’t be surprised if we run out of coins’: Tanishq

Purbalee Dutta0 CommentsIndia

Gold prices have surged to record levels ahead of Dhanteras and Diwali, driving an unexpected spike in demand at Tanishq, according to Ajoy Chawla, CEO of Titan’s Jewellery Division. He cautioned that the company might soon face a shortage of gold coins due to the overwhelming rush. Chawla told NDTV Profit that after a slow start to the season, with many buyers hesitant during Navratra, demand has revived strongly as customers now believe gold prices will remain high or rise further. The festive sentiment has brought back buyers who were earlier waiting for a correction. Gold rates in New Delhi…

11 Oct

India Hosts Major AI-Driven Finance Showcase with Global Delegates

Mohini0 CommentsIndia

The Global Fintech Fest 2025 (GFF 2025) took place October 7–9 at the Jio World Convention Centre, drawing over 100,000 delegates from 100+ countries. Organized by the Payments Council of India (PCI), NPCI, and Fintech Convergence Council (FCC), the summit’s theme was “Empowering Finance for a Better World Powered by AI.” Sessions covered digital payments, inclusion, cybersecurity, regulation, and AI in banking. India’s fintech and digital payments ecosystem continues to lead in scale and innovation, with many participants from Asia, Africa, and the Middle East. The summit facilitated global collaboration, startup funding, and cross-border partnerships. For Indian media, it highlights…

24 Sep

In India, generic medications and price caps improved the management of hypertension: WHO

Banasree Sarkar0 CommentsHealth, India

The World Health Organization (WHO) praised India's efforts to manage high pressure, saying that the country's efforts to better control hypertension, a known risk for heart disease, were made possible by the provision of free medications, the use of generics, and price restriction. India's successful pricing strategies for important hypertension medications were highlighted by the WHO in its Global Report on Hypertension 2025, which was presented at the 80th United Nations General Assembly. The government's India Hypertension Control Initiative (IHCI), which was introduced in 2018–2019, made sure that public sector clinics had a consistent supply of free, high-quality generic antihypertensive…

01 Aug

Modi To Disburse ₹20,500 cr Under PM-KISAN Scheme In Varanasi

Purbalee Dutta0 CommentsFinance, India, latest

Prime Minister Narendra Modi is set to visit his parliamentary constituency, Varanasi, tomorrow to launch and inaugurate development projects worth approximately ₹2,200 crore. During the visit, he will also address a public gathering. A major highlight will be the release of the 20th instalment of the PM-KISAN scheme, under which over ₹20,500 crore will be directly transferred to the bank accounts of more than 9.7 crore farmers across the nation—pushing the scheme’s total disbursement beyond ₹3.90 lakh crore. To boost road connectivity in the region, PM Modi will lay foundation stones and inaugurate several key infrastructure works, including the widening…

30 Jul

PM Modi Asserts No World Leader Asked India To Stop Op Sindoor

Purbalee Dutta0 CommentsIndia, latest

Prime Minister Narendra Modi asserted that no global leader asked India to halt Operation Sindoor, countering opposition claims of a U.S.-pressured ceasefire with Pakistan. He clarified that Pakistan, unable to endure further strikes, pleaded for a stop. During talks with the U.S. Vice President, India firmly stated it would retaliate strongly if attacked. Addressing the Lok Sabha, PM Modi said India destroyed terror camps deep inside Pakistan in response to the Pahalgam terror attack, avenging it within 22 minutes. He emphasized India will not be intimidated by nuclear threats and will treat terror sponsors and perpetrators alike. Highlighting India’s self-reliance,…

28 Mar

India is closely monitoring China’s intentions to use hydropower projects

Banasree Sarkar0 CommentsIndiaIndia

India is closely monitoring China's ambitions to use the Brahmaputra River for hydroelectric projects, Minister of State for External Affairs Kirti Vardhan told the Rajya Sabha in a written response. He explained that the Indian government closely monitors the situation and implements the necessary preventive and corrective actions to protect the lives and livelihoods of those residing in the downstream areas. It is anticipated that the Chinese dam on Tibet's Yarlung Tsangpo River will generate 300 billion kWh of electricity annually. However, its effects on water and biodiversity in Assam and Arunachal Pradesh have been questioned. On December 30, 2024,…

26 Oct

India and China to complete Disengagement process at two points along LAC in Ladakh

editor0 CommentsIndia, International

According to Army sources on Friday, India and China have started the process of disengaging their troops from the two places of contention at Demchok and Depsang Plains in eastern Ladakh. The procedure is expected to be finished by October 28 or 29. The procedure comes after a significant breakthrough to settle the more than four-year standoff: an agreement between the two nations on patrolling and troop disengagement along the Line of Actual Control in eastern Ladakh was solidified. MPs questioned India's border patrol deal with China, its deteriorating relations with Canada, and the Israel-Palestine conflict during a Parliamentary Standing…

12 Oct

India calls attacks on Hindus in Bangladesh, seeks minority protection

editor0 CommentsIndia

Hindus in Bangladesh are being attacked during Durga Puja celebrations, India has expressed it's serious concern into the matter urging the Bangladeshi government to protect the Hindu minorities. A crown was also being theft from Jeshoreshwari Kali temple in Satkhira, in Bangladesh. The Ministry of External Affairs (MEA) condemned the situation.The MEA in a statement said, "We call upon the Government of Bangladesh to ensure the safety and security of Hindus and all minorities and their places of worship, especially during this auspicious festival time."However, attacks record against Hindu minorities in Bangladesh has been increasing since the violence hit.