Karnataka Deputy Chief Minister DK Shivakumar said on Thursday that the state government had no role in the recent Bengaluru Metro fare hike, adding that the decision was made by an independent committee.
This was followed by a clarification issued by the Karnataka Chief Minister's Office on Tuesday about the recent fare hike, where the CMO stated that the "opposition party, BJP, is, as usual, spreading false and misleading information, accusing the state government and misleading the public.
In light of the opposition to the fare hike of Bengaluru Metro Rail, Karnataka Chief Minister's office presented some clarificarions to the people of Bengaluru through an official statement on Tuesday.
The government continues the push for the solar sector in the FY26 Budget, with a year-on-year (YoY) rise of over 60 per cent to Rs 242 billion (24,200 cr), according to a report by Jefferies.
The recent revision in ethanol prices has not lived up to expectations. While the Government of India increased prices for the Chandigarh route by 3 per cent, the anticipated hikes for the Bihar and Direct routes were not implemented, leading to some disappointment within the sector.
China has said that the US unilateral tariff hikes severely violate World Trade Organization (WTO) rules. The Chinese Ministry of Foreign Affairs noted that this move cannot solve the problems of the US at home and does not benefit either side.
The proposed hike in TDS (Tax Deducted at Source) on rentals up to Rs 6 lakh, as promised in the Union Budget 2025, aims to bolster rental investments, said Niranjan Hiranandani, Chairman, NAREDCO & Hiranandani Group in a conversation with ANI.
Finance Minister Nirmala Sitharaman, during her Union Budget 2025 speech, announced that no income tax will be payable on income up to Rs 12 lakh, providing significant relief to taxpayers especially the middle class.
Congress MP Jairam Ramesh has criticized Finance Minister Nirmala Sitharaman for turning down in the Union Budget the proposals like inclusion of breakfast in schools, upward revision in honorarium given to Anganwadi workers under Saksham aanganawadi and Poshan 2.0.
Industry leaders and experts are hoping for measures that drive consumption, incentivize capital expenditure, and support critical sectors such as real estate, MSMEs, healthcare, artificial intelligence (AI), electric vehicles (EVs), and renewable energy. Furthermore, continued fiscal con