CBSE announces assessment scheme for Class 10 board exams cancelled in Middle East
New Delhi: The Central Board of Secondary Education (CBSE) has announced a detailed assessment scheme for Class 10 exams in the Middle East region which were cancelled amid escalating West Asia conflict, according to officials. The exams were cancelled following a critical review of the prevailing situation across Bahrain, Iran, Kuwait, Oman, Qatar, Saudi Arabia […]
CBDT notifies rules for simplified income tax law, to be effective from Apr 1
New Delhi: The Central Board of Direct Taxes on Friday notified the rules for Income-tax Act, 2025 which provided enhanced tax benefit for HRA to salary earner but makes disclosure of landlord-tenant relationship mandatory. The Income-tax Rules, 2026 will operationalise the simplified direct tax legislation that was approved by Parliament last year and will come […]
Middle East war: IEA suggests carpooling, less air travel, speed curbs to ease oil shock
New Delhi: Reducing highway speed limits by at least 10 km/h, switching to electric cooking, avoiding air travel where alternatives are possible and increasing car sharing — these are among the recommendations made in a new report by the International Energy Agency (IEA) to ease the economic impacts on consumers from oil market disruptions stemming […]
Not ensuring end use of loan amounts to financial irregularity: SC
New Delhi: The Supreme Court on Thursday said a banker holds a position of trust as he deals with public funds and sanctions of loans beyond his powers, or not ensuring their end use for financial irregularity, which exposes the bank to financial risk. The apex court said ensuring end use of loan disbursals serves […]
India must become self-reliant in drone manufacturing: Rajnath Singh
New Delhi: India must develop a robust ecosystem for drone manufacturing to enhance its defence preparedness, Defence Minister Rajnath Singh said on Thursday, highlighting lessons from the Russia-Ukraine and Iran-Israel conflicts. In an address at an event, Singh asserted that the two conflicts prove that drones and counter-drone technologies will play a “pivotal role” in […]