Discretionary spending by households rose in FY25

Household spending in 2024-25 marked a further shift towards non-essential discretionary items and services NEW DELHI: As the economy recovered from covid pandemic, household spending in 2024-25 marked a further shift towards non-essential discretionary items and services, which have earlier seen decline, signalling premiumisation and a boost for govt revenues.After seeing a decline in 2023-24,…

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Neighbour occupied 4.27 acres for 40 years and his name was added in land records; Karnataka HC rejects adverse possession claim and restores original owner’s title

​The ruling arose from a dispute over 4 acres 11 guntas of land in Sira Taluk of Tumakuru district. Your neighbour has possession of your land and after some years claims ownership of it on the basis of long possession. Is that legal? Karnataka High Court recently ruled on one such case.The Karnataka High Court,…

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Air India Pilot Psychoactive Substance: Phuket-Delhi flight incident: Air India terminates pilot who tested positive for drugs

The incident also caused significant damage inside the cabin Air India on Friday said it had terminated the employment of the Pilot-in-Command of its Phuket-Delhi flight after he tested positive for a psychoactive substance.“The Pilot-in-Command of the Phuket-Delhi flight tested positive for a psychoactive substance. In line with Air India’s zero-tolerance approach to violations of…

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National Stock Exchange Ipo: NSE IPO could be worth Rs 30,000 crore after Sebi gives green signal

NSE received Sebi’s final observations on Friday India’s markets regulator Sebi has cleared the National Stock Exchange’s long-awaited initial public offering, paving the way for the country’s largest bourse to make its stock market debut after nearly a decade of regulatory delays.NSE received Sebi’s final observations on September 4, according to an update with the…

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Gadkari says govt will allow Rs 5,000 IIT-Delhi innovation to be retrofitted for old diesel trucks and buses; device can cut particulate pollution up to 90% and bring emissions on par with BS-VI

The devices can be fitted on BS-IV, BS-III and older diesel vehicles (Image for representative purpose only) Looking to tackle the growing problem of pollution, the government is now looking to curb vehicular emissions with the help of a new innovation from IIT Delhi.Road Transport Minister Nitin Gadkari on Thursday announced the move, saying it…

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‘PM Modi warned us’: Belgium PM sounds alarm over trade threat to Europe, takes veiled dig at China

PM Modi and Belgian PM Bart De Wever during their bilateral meeting in New Delhi NEW DELHI: Belgian Prime Minister Bart De Wever said Europe had undergone a “rude awakening” over the risks of trade dependencies, acknowledging that India had warned European countries about the issue earlier but that the warning was not heeded.Speaking about…

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