Hindustan Times Chandigarh - February 02, 2025Add to Favorites

Hindustan Times Chandigarh - February 02, 2025Add to Favorites

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In this issue

February 02, 2025

People's budget to unlock spending

Prime Minister Narendra Modi said on Saturday that the budget presented by finance minister Nirmala Sitharaman is a \"force multiplier\" that will result in increased savings, investment, consumption and economic growth.

1 min

Paying overseas college fee easier, but little else changes

When Veena Mathew sent her 23-year-old son to pursue computer science in London last year, she didn't just take on a ₹50 lakh education loan - she also had to navigate India's complex tax collection system on foreign remittances.

2 mins

Revamped central KYC registry to simplify investor onboarding

India's financial sector is poised for a significant transformation as the government announces plans to overhaul its know-your-customer (KYC) system, moving towards a centralised framework.

1 min

Now, you get 4 years to file updated ITR

Revised provision

3 mins

Thresholds on TDS, TCS relaxed in major reprieve for salaried class, senior citizens

The Union Budget for FY26 has raised thresholds for tax deducted at source (TDS) across various income sources.

3 mins

Curbs on 2 self-occupied homes lifted in key tweak

The Union Budget 2025-26, unveiled by finance minister Nirmala Sitharaman on Saturday, has proposed to lift restrictions on claiming two properties as self-occupied (SOP), streamlining the process for taxpayers.

1 min

Relief on lifesaving medicines will ease patients' burden

THE GOVT'S MOVE TO SET UP DAY-CARE CENTRES WILL ALSO HELP IN HANDLING THE INCREASING LOAD OF CANCER CASES, SAY EXPERTS

2 mins

3 Ministries Join Hands With Focus On Exports: Goyal

The commerce, MSME and finance ministries will work together to identify various sectors — which will require maximum capital support for technology upgradation, marketing, brand building, and accessing newer markets — to boost exports, Union Minister Piyush Goyal said on Saturday.

1 min

Fund of Funds Expected to Benefit Over 161K Startups

The aim of the 2025-26 Union Budget to provide a decisive push for startups in the country was clear on Saturday when finance minister Nirmala Sitharaman outlined several measures to help bolster and expand the startup ecosystem.

1 min

Gig economy set to be formalised

Hyperlocal service platforms have revolutionised the job landscape in the transportation, food delivery, and home services industries by creating flexible employment.

3 mins

100% FDI fillip for insurance, but firms must invest in India

Union finance minister Nirmala Sitharaman on Saturday announced the government's plan to allow 100% foreign direct investment (FDI) in the insurance sector, up from the current 74%, on the condition that foreign firms would invest the entire premium collected in India, a move that experts said would make additional funds available to Indian infrastructure projects.

1 min

Will Invest in People, Economy, Innovation

Minister announces setting up multiple schemes to boost innovation through PPP models and key industry reforms

3 mins

Push for clean energy, critical minerals

Nuclear energy is expected to form a significant part of the energy mix for Viksit Bharat (developed India), Union finance minister Nirmala Sitharaman said in her budget speech on Saturday, as she announced a ₹20,000 crore allocation for a programme for the research and development (R&D) of small modular reactors.

2 mins

In AI stimulus, ₹500 cr allotted for Centre of Excellence in education

The central government will set up a centre of excellence (CoE) in Artificial Intelligence (AI) for education with an outlay of ₹500 crore, Union finance minister Nirmala Sitharaman announced in her budget speech on Saturday, outlining a major push for future technologies.

2 mins

KCC Loan Limit Up To ₹5 Lakh, To Benefit 77 Million Farmers

Finance minister Nirmala Sitharaman on Saturday announced the decision to increase the subsidised Kisan Credit Card (KCC) loan limit to ₹5 lakh from ₹3 lakh, benefiting 77 million farmers, fishermen, and dairy farmers.

1 min

50 new tourist spots on anvil to boost jobs

INITIATIVE INCLUDES GROWTH OF BUDDHIST CIRCUITS, MEDICAL TOURISM FACILITIES

2 mins

FM: 6-yr mission to boost pulses output

Finance minister Nirmala Sitharaman, presenting the Union Budget 2025-26, announced the launch of a six-year mission to boost output of pulses to help achieve self-sufficiency of three widely consumed varieties.

2 mins

India Post's push to partner with logistics startups

THE POSTAL SERVICE MAY HELP E-COMMERCE REACH REMOTE CORNERS OF THE COUNTRY, ADDING UNTOUCHED ZIP CODES TO LOGISTICS PLAYERS

1 min

Govt plans to augment farm productivity in 100 districts

Govt to roll out PM Dhan-Dhanya Krishi Yojana, which will target regions with low farm productivity and crop intensity

2 mins

New scheme in offing to push fruits, vegetables, millets yield

The government is set to launch a programme to expand the output of vegetables, fruits, and millets amid rising demand for nutritious foods, finance minister Nirmala Sitharaman said while presenting the Union Budget for 2025-26.

1 min

An imprint of Sangh suggestions in key announcements

Increase in Kisan Credit Card limit to ₹5 lakh will lead to increase in food grain productivity MOHINI MOHAN MISHRA, Bharatiya Kisan Sangh general secretary

2 mins

Budget aimed at poll gains, offers no fix for ailing economy: Oppn

Opposition parties denounced the Union Budget on Saturday, saying it was focused on ensuring electoral gains for the ruling dispensation in poll-bound states while ignoring key economic concerns and needs of a large section of society.

1 min

Emphasis on creating jobs, skill training

The Narendra Modi government on Saturday substantially increased its fund allocations for skill trainings and livelihood programmes in the Union Budget 2025-26 as part of its ambitious target of having 100% skilled labour with meaningful employment in the country.

1 min

Relief for middle class in poll season

The Union Budget's tax breaks for the middle class were given with an eye on upcoming assembly elections in Delhi and Bihar, and were an overture to a demographic that used to be a loyal vote bank of the Bharatiya Janata Party (BJP) but whose lukewarm response contributed to the party's sub-par performance in the 2024 general elections, said leaders aware of discussions.

3 mins

₹60K-cr projects, tourism push for poll-bound Bihar

Budget progressive and futuristic. It will help accelerate the state's growth NITISH KUMAR, Bihar CM

2 mins

Agriculture budget is big on strategic vision

The chief economic adviser termed agriculture \"the sector of the future\" at the release of the Economic Survey 2024-25. So, the expectations were high that the FY26 Budget would underline a strategic vision for the sector.

3 mins

Riding on optimism, promising the riches

Optimism seems to be the key sentiment driving the FY26 Union Budget.

3 mins

A High-Class Budget for Middle-Class India

In a giant leap of faith, the finance minister has put over ₹1 lakh crore in the pockets of income tax paying Indians, betting on better compliance and more scrutiny for higher future revenues, and higher consumption and savings for growth

3 mins

A Highwire Walk That Must Balance Between Economic Growth and People's Welfare Needs

As India approaches the close of FY24-25, the economy finds itself at a crossroads.

4 mins

Six smart themes that define Budget 2025-26

The finance minister's eighth budget has an internal consistency, which should help the government pursue and deliver on the targets in its focus areas

4 mins

AAP's Rampal is Phagwara mayor

The Aam Aadmi Party (AAP) candidate Rampal Uppal was elected as the mayor of Phagwara municipal corporation on Saturday.

2 mins

Punjab ignored yet again by Centre, says CM Mann

Punjab chief minister Bhagwant Mann expressed disappointment over the Union Budget on Saturday,

3 mins

Budget pro-farmer, youth & poor: Saini

Describing the budget as a strong foundation for a Viksit Bharat, chief minister Nayab Singh Saini highlighted that it will further empower youth, poor, women, and farmers.

1 min

9 Die as Vehicle Falls into Bhakra Canal

Accident took place due to dense fog, three people missing, say police

1 min

11 Delhi AAP MLAs Join BJP

Eleven Aam Aadmi Party (AAP) members of legislative assembly (MLAs) on Saturday joined the Bharatiya Janata Party (BJP).

1 min

Kishan Kapoor, ex-Kangra BJP MP, passes away at 73

Former Kangra BJP MP Kishan Kapoor passed away at Post-Graduate Institute Medical Education and Research (PGIMER) in Chandigarh on Saturday morning.

2 mins

Vaishno Devi: Special Copter Quota For Senior Citizens

Shri Mata Vaishno Devi Shrine Board on Friday announced a dedicated helicopter tickets' quota for the senior citizens and specially-abled pilgrims for the three-peaked shrine in Trikuta Hills.

1 min

HP Home Secretary Asked To File Report

Police Submitted Its Report Last Week On Doon MLA's Charge Against Then Baddi SP Afroz

1 min

Most of Canadians oppose Khalistani activities

POLL CONDUCTED TO GAUGE PUBLIC OPINION ON THE ISSUE OF 'INDIAN INTERFERENCE' IN CANADA'S INTERNAL AFFAIRS

1 min

Spl Package For Biz, Tourism Boost A Must

The industrial bodies have hailed the Union budget that was presented by finance minister Nirmala Sitharaman in the Parliament for the fiscal year 2025-26 on Saturday.

2 mins

Budget inequitable, HP ignored, says CM Sukhu

Discrimination against states ruled by Cong, says party's Himachal chief

1 min

2KG Gold Looted From Jammu Jewellery Shop

Hours after finance minister Nirmala Sitharaman, in her eighth Union Budget presentation on Saturday, announced that those with incomes of up to ₹12 lakh will not be taxed, home minister Amit Shah used the tax rebates to woo voters of northeast Delhi and told them that the Narendra Modi-led BJP government has given relief to the middle-class by leaving their incomes untaxed.

1 min

Zakia Jafri, Wife of Former Cong MP Killed in Gujarat Violence, Dies at 86

Zakia Jafri, a survivor of the 2002 Gujarat riots and the wife of former Congress MP Ehsan Jafri who was killed in the violence, died on Saturday at her daughter's home in Ahmedabad. She was 86.

1 min

Pune: 60-yr-old suspected GBS patient dies

The number of suspected deaths in Maharashtra due to Guillain-Barré Syndrome (GBS), a rare nerve disorder, went up to five on Saturday, health officials said, adding that 149 suspected GBS cases have been reported in the state so far.

1 min

No Indian users affected by spyware from Israeli firm

WhatsApp said it has disrupted a hacking campaign linked to Israeli spyware company Paragon Solutions

1 min

8 Maoists killed in gunfight in Bastar

Security forces shot dead at least eight Maoists in the Bastar region of Chhattisgarh on Saturday, officials aware of the matter said, taking the number of rebels killed in the state this year to 55 amid an uptick in anti-Left Wing Extremism (LWE) operations.

1 min

US Looking Into Whether DeepSeek Used Restricted AI Chips

The US Commerce Department is looking into whether DeepSeek - the Chinese company whose AI model's performance rocked the tech world - has been using US chips that are not allowed to be shipped to China, a person familiar with the matter said.

1 min

Pakistan: 12 Terrorists, 18 Security Personnel Killed in Balochistan

At least 18 security personnel and 12 terrorists were killed during a clash between them in Pakistan's southwest troubled Balochistan province.

1 min

Trump's Greenland bid 'not a joke': Rubio

The top US diplomat said President Donald Trump's proposal to buy Greenland \"is not a joke\" because of the risk that China would station resources on the island that threaten American security and the importance of Arctic shipping lanes for energy exports.

1 min

Hamas Frees 3 Hostages

Hamas militants released three male hostages being held in the Gaza Strip on Saturday and Israel began releasing 183 Palestinian prisoners from Israeli jails, part of a ceasefire deal that has halted 15 months of intense fighting.

2 mins

FBI Purge Targets Agents in Trump Investigations

FBI agents who participated in the investigations that led to now-abandoned criminal charges against President Donald Trump are expected to be fired in a sweeping purge of the top US law enforcement organization, US media reported on Friday.

2 mins

Medical transport aircraft crashes in the US, at least 6 aboard killed

On Wednesday night, an American Airlines jet carrying 60 passengers and four crew members collided in midair in Washington, DC

3 mins

German Doctor Convicted of Raping Patients

A German court on Friday handed a doctor a six-and-a-half-year jail term for raping female patients while carrying out colonoscopies.

1 min

Jr champ Mane announces arrival on big stage

Junior world champion Parth Rakesh Mane was shooting in a world of his own during the 10m air rifle final at the National Games, oblivious of the fact that the competition included two Paris Olympians and the 2022 world champion.

2 mins

Sports and youth affairs budget raised by over ₹350 cr

The government's flagship Khelo India programme to scout and nurture athletes at the grassroots level was the biggest beneficiary as the allocation for sports and youth affairs was hiked substantially by ₹351.98 crore in the Union Budget presented by Finance Minister Nirmala Sitharaman here on Saturday.

2 mins

Mukund and Ramkumar Post Easy Wins, India Lead Togo 2-0

Sasikumar Mukund returned to Davis Cup action with a fluent straight-set victory while Ramkumar Ramanathan hardly broke a sweat in his match as an untroubled India took a 2-0 lead in the World Group I play-off tie against Togo, here Saturday.

1 min

Sky and Samson's form in focus as India take on England in fifth T20I dead rubber

The series already in their pocket, India would look to address their nagging batting woes against an England team gunning for revenge after feeling hard-done by a debatable concussion substitute when the two teams clash in the fifth and final T20 International here on Sunday.

2 mins

India Eye Women's U19 T20 WC Defence

Unbeaten so far in the tournament, a dominant India will start as overwhelming favourites to win their second consecutive title when they take on South Africa in the final of the Women's U19 T20 World Cup here on Sunday.

1 min

No 2nd innings for Kohli as Delhi crush Railways

Off-spinner Shivam Sharma grabbed five wickets as Delhi ended their Ranji Trophy league campaign on a high, sealing a bonus point win over Railways here on Saturday.

2 mins

Australia hand Sri Lanka their worst ever Test defeat

Sri Lanka suffered their heaviest defeat in Test cricket history on Saturday as Australia flexed their muscles to take a 1-0 lead in the two-match series with a crushing victory by an innings and 242 runs.

2 mins

AI, IoT and Robotics Integration Revolutionizing Industries

The fusion of Artificial Intelligence (AI), the Internet of Things (IoT), and robotics is transforming industries at a scale previously unimaginable, and at the center of this revolution is the integration of these technologies with building infrastructure to optimize vertical material distribution.

3 mins

Used to think 'Main kab heroine banungi', says Monalisa

Monalisa, the girl who became an internet sensation after her pics from the ongoing Maha Kumbh Mela went viral, says that she always had \"Bollywood dreams\".

1 min

Celebs back Selena Gomez over immigration video

Several celebrities have expressed their support for actor-singer Selena Gomez after she was criticised for blasting US President Donald Trump's immigration policies.

1 min

UDIT NARAYAN JHA ON BACKLASH FOR KISSING FANS

After a video showing him kissing a fan on the lips sparked outrage online, the singer says this is how fans show love

1 min

31-Year-Old Man Shot Dead Over 'Staring' in Kharar

A 31-year-old man was allegedly shot dead at an eating joint following a spat over staring in Shivjot Enclave, Kharar, around 10.45 pm on Friday.

1 min

MC staring at another year of rough sailing

The BJP will continue to push for additional revenue for the civic body from the Centre. HARPREET KAUR BABLA, Chandigarh mayor

1 min

PGIMER Receives ₹2,400-Cr Boost

The Post Graduate Institute of Medical Education and Research (PGIMER) has been allocated ₹2,400 crore in the Union Budget for financial year 2025-26, marking a 7% increase from the ₹2,240 crore allocated for 2024-25.

1 min

Joys of being sociable rather than just social!

There was a time when warm family get-togethers were a regular feature.

2 mins

Continuously yours... Kitchen

I don't cook. Actually, I can't. But I am all respect for the talent, hard-work, vision and the intuition that goes into it.

3 mins

UTCA Set To Host Franchise-Based T20 Cricket Meet From Feb 7

Championship To Feature Six Teams That Will Compete In 33 Matches

1 min

8 Cattle Die Of Electrocution At Maloya Cowshed

In a tragic incident at the Maloya gaushala on Saturday morning, one cow and seven oxen were electrocuted to death after coming in contact with an iron pole that had become electrically charged.

1 min

Thieves Strike at GMSH-16 Staffer's House

Thieves made off with a significant amount of jewellery and ₹5 lakh in cash from a residence in Sector 30-B while the homeowner was away on night duty on the intervening night of Thursday and Friday.

1 min

Read all stories from Hindustan Times Chandigarh

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LanguageEnglish

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Hindustan Times is the flagship publication of HT Media Ltd. It has a nationwide reach in India (barring Southern India), with simultaneous editions from New Delhi, Mumbai, Lucknow, Patna and Kolkata, providing general, economic and business news.

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