K. T. Rama Rao (KTR), the former IT Minister of Telangana, has been at the center of an ACB investigation regarding allegations in the Formula E car race project. During a lengthy questioning session, KTR was asked over 80 questions about his involvement in the allocation of funds to private companies without seeking the necessary approvals from the Telangana Cabinet or the Reserve Bank of India (RBI). While KTR admitted to approving the funds, he justified his actions as a quick decision, ca

For many young people, managing bills and budgets can leave very little room for savings, but even small investments in tax-free schemes can significantly contribute to building a secure financial future. These investments act as a foundation for a solid tax strategy, offering benefits under the old tax regime with annual investment limits. Section 80C Under Section 80C of the Income Tax Act, you can invest in options like the Public Provident

Political tensions in Telangana have surged as a violent clash erupted between Congress and BJP cadres in the Nampalli area of Hyderabad. The altercation, which took place outside the BJP state office, was sparked by a protest by Congress workers following offensive remarks made by former BJP MP Ramesh Bidhuri about Priyanka Gandhi. The Congress protesters, reportedly throwing stones and eggs, triggered a violent confrontation with BJP supporters, leading to physical assaults with sticks and

The political relations between the Telugu states of Andhra Pradesh and Telangana have been strained in the past, especially over issues like the distribution of Krishna River water, unresolved power charges after bifurcation, and other disagreements. However, recent statements by Telangana's Chief Minister, Revanth Reddy, suggest a shift toward collaboration. In a public address, Revanth emphasized that the two states should not view each other as rivals but instead compete together glob

Thai Prime Minister Declares £324m in Assets, Including 217 Designer Handbags   Thailand's Prime Minister, Paetongtarn Shinawatra, has declared a staggering £324 million in assets, including a collection of 217 designer handbags and 75 luxury watches. The declaration was made to the National Anti-Corruption Commission (NACC), a requirement for public officials i

Will Budget 2025 Simplify Tax Compliance for Property Transactions with NRIs? As property transactions involving Non-Resident Indians (NRIs) continue to rise, homebuyers face significant challenges with tax compliance. Purchasing real estate from an NRI seller requires buyers to navigate complex rules, from tax withholding to administrative filings. Could Budget 2025 address these issues and make the p

As 2024 comes to a close, many people are reflecting on their achievements and setbacks. Amidst this reflection, a few individuals have stood out as true change-makers, selflessly dedicating their time and resources to make the world a better place. Two such individuals are Gattu Giri and Paluri Siddhartha, whose acts of kindness and charity have touched the lives of many. Gattu Giri, who established the Matrudevobhava Orphanage in 2018, was inspired by a personal tragedy—the

The Sandhya Theatre controversy continues to escalate, with no resolution in sight. The issue has caught the attention of Telangana’s Chief Minister Revanth Reddy and his cabinet ministers, who are actively discussing the matter. The controversy centers around a tragic incident in which a woman named Revathi lost her life, and her son remains critically injured, after a large crowd was gathered outside the theatre during the release of Allu Arjun's film. Cinematography Min

Telangana High Court Directs Action on JHCHS President’s Disqualification: The Telangana High Court has intervened in a dispute over the disqualification of the president of Jubilee Hills Co-Operative Housing Society Limited (JHCHS). In a recent ruling, Justice T. Madhavi Devi ordered the commissioner for cooperation and registrar of cooperative societies to review the membership records of the cu

The Telangana Assembly was adjourned on Monday after BRS MLAs raised slogans and disrupted the debate on the Telangana State Tourism Policy. The debate, which resumed after a tea break, was halted when opposition members continued to protest against the Congress government. In response to the disruption, Legislative Affairs Minister D. Sridhar Babu criticized the BRS legislators for not adhering to the rules and traditions of the House. Speaker G. Prasad Kumar intervened, directing

India’s economy has consistently been a focal point for Non-Resident Indians (NRIs) seeking long-term investment opportunities. With its rapid economic growth, demographic dividend, and government reforms, India offers several promising sectors for NRIs to invest in. Himanshu Kohli, an expert in wealth management, highlights the top four sectors that provide significant potential for long-term returns. 1. Real Estate The Indian real estate m

India has achieved a major milestone by surpassing $1 trillion in Foreign Direct Investment (FDI) since the turn of the century. Latest data from the Department for Promotion of Industry and Internal Trade (DPIIT) reveals that from April 2000 to September 2024, India attracted a total of $1,033.40 billion in FDI. This surge underscores India’s growing appeal as a global investment hub. Significant contributions have come from countries like Mauritius (25%), Singapore (24%), an

Telangana has taken a significant lead in river tourism with its long-distance boat services on the Krishna River, operating weekend trips from Somasila in Kollapur to Nagarjunasagar. With a total capacity of 150 passengers, these boats offer a scenic 6-7 hour journey, taking tourists to destinations like Srisailam and providing meals along the way. The boats prioritize safety, including double engines, life jackets, and guides. However, services are suspended during the monsoon season and be

In a major boost to Rajasthan's economic prospects, the Adani Group has pledged to invest Rs 7.5 lakh crore in the state over the next five years. This massive investment will fund key infrastructure projects, including the creation of four new cement plants and the establishment of a world-leading green energy ecosystem. Karan Adani, CEO of Adani Ports, shared these details at the 'Rising Rajasthan' Investor Summit 2024, where he highlighted the ambitious plans to build the world

On Thursday, Telangana Chief Minister A. Revanth Reddy invited former Chief Minister and BRS President K. Chandrashekhar Rao (KCR) to join the ‘Praja Palana’ Vijayotsavalu celebrations, commemorating the first anniversary of the Congress government's rule in Telangana. The celebrations, planned at Hyderabad's Tank Bund, aim to be a grand success with active participation from citizens. The BC Welfare Minister Ponnam Prabhakar and other officials have been tasked with invit

The Telangana Government has secured a landmark partnership with Google to establish India’s first Google Safety Engineering Centre (GSEC) in Hyderabad, making the city the second location in the APAC region to host such a facility, after Tokyo. This state-of-the-art cybersecurity hub will focus on cutting-edge research and AI-driven security solutions, aimed at improving online safety and protecting India’s digital infrastructure. Google’s commitment includes fostering skil

A 5.3-magnitude earthquake struck Telangana's Mulugu district early Wednesday morning, with tremors felt in Hyderabad and parts of Andhra Pradesh. The earthquake occurred at 7:27 AM, causing panic among residents. Authorities have reported no immediate casualties or significant damage. Experts have advised residents to remain alert and avoid unsafe structures during aftershocks. “EQ of M: 5.3, On: 04/12/2024 07:27:02 IST, Lat: 18.44 N, Long: 80.24 E, Depth: 40 Km

The National Pension Scheme (NPS) Vatsalya, launched on September 18, 2023, has seen a positive response from Indian parents looking to invest in their children's future. As of November 17, 2023, the scheme has attracted 66,495 subscribers, with Maharashtra leading the pack with 9,219 accounts. Andhra Pradesh and Karnataka follow closely with over 6,500 subscribers each. In total, 18 states have seen over 1,000 accounts opened, demonstrating the scheme’s growing appeal. Th

The State of Sustainability Readiness Report 2024 by IBM reveals a strong trend among Indian business leaders to significantly increase investments in IT for sustainability over the next 12 months. With 98% of respondents planning to expand their IT budgets, Indian executives view sustainability as essential for driving environmental responsibility, long-term business resilience, and improving brand reputation. The report highlights AI's transformative potential in helping busine

On Thursday, Chief Minister A. Revanth Reddy registered his details for the ongoing social, economic, education, employment, political, and caste survey in Hyderabad. The event was attended by key officials, including Hyderabad Collector Anudeep Durishetty, GHMC Commissioner Ilambarithi, and Chief Minister’s Special Secretary Ajith Reddy. Revanth Reddy inquired about the progress of the survey and the public's response. He emphasized the need for a special drive to ensure