Daily Excelsior

JAMMU, Feb 1: The Jammu and Kashmir Government has assigned additional charge to two officers in the interest of administration till further orders. Click here to see complete order The post JK Govt assigns additional charge to two officers appeared first on Daily Excelsior .

Mumbai, Feb 1: Skipper Ayush Dosejas unbeaten 159 helped Delhi force a draw against table-toppers Mumbai, while Jammu and Kashmir joined the 42-time champions in the quarterfinals from Elite Group D of the Ranji Trophy here on Sunday. Dosejas 230-ball 159 which included 11 fours and two sixes kept Mumbai at bay and the two teams decided to shake hands about half-an-hour before the tea break, here at the MCA-BKC Ground. Delhi reached 407 for six declared with an overall [] The post Jammu and Kash

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Sunday hit back at Congress leader Rahul Gandhi, saying that Indias economic fundamentals are strong and the Budget addresses the needs of all sections of society. With due respect, I dont know what course correction he (Gandhi) is referring to. Economy and its fundamentals are strong. Global uncertainty is facing many of our sectors for whom we have brought in so many different schemes for those small and medium enterprises, textiles, []

Jammu, Feb 1: Chairman of the Indian Chamber of Commerce and Industries in Jammu and Kashmir, Rahul Sahai, on Sunday said the Union Budget 2026-27 is progressive and sustainable for the country as a whole but failed to meet the expectations of the UT as a conflict-affected region. Sahai said the budget reflects a strong focus on sustainable infrastructure development and appears balanced from a national perspective. Overall, it is a progressive budget in terms of the country. It is [] The post O

ISTANBUL, Feb 1: A passenger bus rolled off a road in southern Turkiyes Antalya province on Sunday, killing eight people, a senior official said. Images on state broadcaster TRT showed the vehicle lying on its side on an embankment on a highway slip road in Dosemealti, a district to the northwest of Antalya city centre. Provincial Gov. Hulusi Sahin said 26 people were injured, some of them critically. The DHA news agency reported that some passengers were thrown from the [] The post 8 killed as

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Sunday proposed transfer of over Rs 43,290 crore to Jammu and Kashmir for 2026-27, higher by 4.72 per cent over the current fiscal. According to the budget document, total transfers to the Union Territory have been pegged at Rs 43,290.29 crore, up from Rs 41,340.22 crore in 202526 Revised Estimates (RE). The funds have been proposed as Central Assistance to Union Territory, which has risen by Rs 2,030.97 crore, from Rs [] The post Centre P

Jalandhar (Punjab), Feb 1: Prime Minister Narendra Modi on Sunday unveiled the new name of the Adampur airport as Shri Guru Ravidass Maharaj Ji Airport, Adampur here and also virtually inaugurated the civil terminal building at the Halwara airport in Ludhiana. The prime minister, who reached the Adampur airport at around 3.45 pm, would also be visiting Dera Sachkhand Ballan here on the occasion of the 649th birth anniversary of Guru Ravidas. Modi also inaugurated the terminal building of the []

Srinagar, Feb 1: The Border Roads Organisation (BRO) has undertaken snow clearance operations on the Pahalgam-Chandanwari Road, the gateway of the revered Amarnath Yatra route in Anantnag district. The 17-km-long Pahalgam-Chandanwari stretch is being cleared of heavy snow to ensure uninterrupted connectivity for security forces deployed at various locations to guard the Amarnath cave shrine, a BRO official said here on Sunday. He said the area has witnessed intense snowfall over the past two wee

Srinagar, Feb 1: Awami Ittehad Party (AIP) leader Sheikh Khurshid on Sunday said he has submitted a resolution in the Jammu and Kashmir assembly, seeking citizenship for women who came to the Union territory under the rehabilitation policy for former terrorists. I have brought a resolution seeking citizenship and legal status for women and children who returned from Pakistan and settled in Jammu and Kashmir under the Governments Rehabilitation Policy, Khurshid, the MLA from Langate, told reporte

Jammu, Feb 1: The Union Budget 2026 reflects a strong push towards building a developed India and an additional Rs 2,000 crore allocation for Jammu and Kashmir reflects the Union governments focus on its development, an industry official said on Sunday. The President of the Jammu Chamber of Commerce and Industries (JCCI), Arun Gupta, said that J&K has remained under the special focus of the Union Government, and the additional allocation of Rs 2,000 crore is a direct message that [] The post Uni

New Delhi, Feb 1: India on Sunday set aside Rs 7,84,678 crore as defence outlay for 2026-27 over the current fiscals allocation of Rs 6.81 lakh crore with a major increase in capital expenditure as the military focuses on modernisation in the face of security challenges from China and Pakistan. The increase in the defence outlay against the backdrop of historic success of Operation Sindoor has further strengthened our resolve to make Indias defence system even more robust, Defence Minister [] Th

NEW DELHI, Feb 1: Union Parliamentary Affairs Minister Kiren Rijiju on Sunday said the Union Budget is focused on growth and development, and slammed the opposition parties for playing politics over it. The opposition parties on Sunday criticised the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman, with the Congress calling it totally lacklustre and alleging that it fell woefully short of the hype generated around it. The Samajwadi Party said the Budget failed to meet

BRUSSELS, Feb 1: European allies and Canada are pouring billions of dollars into helping Ukraine, and they have pledged to massively boost their budgets to defend their territories. But despite those efforts, NATOs credibility as a unified force under US leadership has taken a huge hit over the past year as trust within the 32-nation military organisation dissolved. The rift has been most glaring over US President Donald Trumps repeated threats to seize Greenland, a semiautonomous territory of N

BEIJING, Feb 1: Chinas annual Spring Festival travel rush will begin on Monday, with inter-regional trips expected to hit a record 9.5 billion. The surge is driven by overlapping demand for family reunions and tourism during a longer holiday, analysts said. Road travel by private cars is expected to remain dominant, accounting for roughly 80 percent of inter-regional trips, according to authorities. Passenger volumes on railways and civil aviation are forecast at 540 million and 95 million, resp

BANGKOK Feb 1: Early voting for Thailands House of Representatives election started at 8 a.m. local time on Sunday, with more than 2 million eligible voters unable to cast their ballots on the official polling day of Feb. 8 participating in the process. Voters taking part in early voting received two ballot papers at polling stations: one to elect a constituency candidate for the House of Representatives, and the other to vote for their preferred political party. The early voting [] The post Ear

DUBAI, Feb 1: An explosion tore through an apartment building Saturday in Irans port city of Bandar Abbas, killing a 4-year-old girl as local media footage purportedly showed a security force member being carried out by rescuers. The blast happened a day before a planned naval drill by Iran in the Strait of Hormuz, the narrow mouth of the Persian Gulf through which a fifth of all oil traded passes. The US military has warned Iran not to threaten its [] The post Blast in Iran port city kills 1, w

NEW YORK, Feb 1: Newly disclosed US government files on Jeffrey Epstein have prompted the resignation of a top official in Slovakia and revived calls in Britain for a former prince to share what he knows with authorities about Epsteins links to powerful individuals around the world. The fallout comes just a day after the Justice Department began releasing a massive trove of files that offers more details about Epsteins interactions with the rich and famous after he served time [] The post Epstei

CHENNAI, Feb 1: Real estate player, Brigade Hotel Ventures Ltd, on Sunday said that the budget has given the strategic recognition to the tourism sector. The Budgets emphasis on tourism goes beyond infrastructure and rightly addresses the sectors biggest gap, skilled human capital, Brigade Hotel Ventures Ltd Director, Vineet Verma, said. The emphasis on infrastructure led development, experiential tourism and ease of doing business sends a strong signal to investors and operators alike. This can

NEW DELHI, Feb 1:Shares of Sun Pharmaceutical Industries on Sunday climbed nearly 4 per cent after the firm posted a 16 per cent increase in its consolidated net profit for the third quarter ended December 31, 2025. The stock climbed 3.81 per cent to Rs 1,655.80 on the BSE. At the NSE, the stock edged higher by 3.78 per cent to Rs 1,655.70. Sun Pharmaceutical Industries on Saturday posted a 16 per cent increase in its consolidated net profit to [] The post Sun Pharma shares climb nearly 4 pc pos

NEW DELHI, Feb 1: Shares of companies related to pharmaceuticals sector jumped on Sunday after Finance Minister Nirmala Sitharaman proposed Rs 10,000 crore investment in the biopharma sector over the next five years, a move which would give a boost to the countrys pharmaceuticals industry. The stock of Anthem Biosciences surged 6.49 per cent, Biocon climbed 2.93 per cent, Syngene International went up by 2.78 per cent, Panacea Biotec advanced 2.56 per cent, Natco Pharma (1.63 per cent), Concord

NEW DELHI, Feb 1: Prime Minister Narendra Modi on Sunday described the Union Budget 2026-27 as historic, saying it reflected the aspirations of 140 crore Indians and strengthened the reform journey and charts a clear roadmap for Viksit Bharat. In his televised post-budget comments on the Budget, presented by Union Finance Minister Nirmala Sitharaman in Lok Sabha, Modi also said the budget was a highway of opportunities. Todays budget is historic. It reflects the aspirations of 140 crore Indians.

New Delhi, Feb 1: Leader of Opposition in Lok Sabha Rahul Gandhi on Sunday said the Union Budget for 2026-27 is blind to Indias real crises, and highlighted how the youth are without jobs, manufacturing is falling and farmers are in distress. Youth without jobs. Falling manufacturing. Investors pulling out capital. Household savings plummeting. Farmers in distress. Looming global shocks all ignored, the Congress leader said. A Budget that refuses course correction, blind to Indias real crises,

New Delhi, Feb 1: The Supreme Court is slated to hear on Monday a plea filed by Gitanjali J Angmo, the wife of jailed climate activist Sonam Wangchuk, against his detention under the National Security Act. A bench of Justice Aravind Kumar and Justice P B Varale is likely to hear the matter. On January 29, Wangchuk, who is under detention in Jodhpur Central Jail, denied allegations that he made a statement to overthrow the government like Arab Spring, emphasising [] The post Supreme Court To Hear

Jammu, Feb 1: The Jammu and Kashmir Anti-Corruption Bureau (ACB) on Sunday trapped and arrested Rahul Gandotra, Junior Engineer posted as TA in the BDO Office, Gulabgarh Mahore, Reasi, for demanding and accepting a bribe of 8,000. The accused already has three cases registered against him under the Prevention of Corruption Act. In a statement, ACB registered a case FIR No. 03/2026 U/S 07 of Prevention of Corruption Act, 1988 at PS ACB Udhampur against public servant, namely, Rahul Gandotra, [] T

New Delhi, Feb 1: Union Home Minister Amit Shah on Sunday said that the Union Budget 2026-27 lays down a long-term development framework for the next 25 years, combining inclusive growth with economic stability and reaffirming the Modi governments commitment to building a self-reliant and globally competitive India. In a series of posts on X, Amit Shah, stated, Through Budget 2026-27, Prime Minister Narendra Modi has demonstrated that Atmanirbhar and Viksit Bharat are not just slogans, but the f

LG Manoj Sinha Hails The Budget 2026-27 The budget promises unprecedented empowerment for youth, women, and farmers: LG Jammu, Feb 1: Lieutenant Governor, Manoj Sinha today hailed the Budget 2026-27 as pragmatic which he said will prioritize economic acceleration, create future-ready infrastructure, sustain growth momentum, chart path to $5 trillion economy milestone within few years and comprehensive fiscal strategy will balance growth ambition with social welfare. Expressing gratitude to the H

Poonch, Feb 1 : Two employees of the Power Development Department (PDD) lost their lives in a road accident that occurred in the Jandrola area of Poonch district on Sunday. An official said, the deceased have been identified as Chindsee Singh Sanu, son of Sukhdev Singh, a resident of Kamsar near the CEO Office, and Kulbir Singh, also a PDD employee, a resident of Mohalla Gernally, Poonch. The accident took place in the Jandrola area under circumstances that are being [] The post J&K | Two PDD Em

New Delhi, Feb 1: India on Sunday categorically rejected as baseless Pakistans allegations of an Indian hand in attempts to disturb peace in Balochistan, and said it is Islamabads usual tactics to deflect attention from its internal failings. External Affairs Ministry spokesperson Randhir Jaiswal, trashing the charges, also highlighted Pakistans record of suppression, brutality and violation of human rights. We categorically reject the baseless allegations made by Pakistan, which are nothing but

New Delhi, Jan 1: As the VB-G RAM G scheme is set to be rolled out, the Centre has allocated Rs 95,692.31 crore for it, while an allocation of Rs 30,000 crore has been made for the MGNREGA. The Viksit Bharat-Guarantee for Rozgar Aajeevika Mission (Grameen) (VB-G RAM G), which promises 125 days of work in a year, will replace the two-decade-old UPA-era rural employment scheme framed under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005. The MGNREGA [] The post Over Rs 9

NEW DELHI, Feb 1: The Union government on Sunday proposed an allocation of Rs 4,869.31 crore for the Union Territory of Ladakh for the financial year 2026-27. In the Budget for 2025-26, Ladakh had received Rs 4,692.15 crore. However, under the revised estimates for 2025-26, the total allocation was up to Rs 7,377.43 crore, which included Rs 5,029 crore in revenue and Rs 2,347.73 crore in capital. According to the budget documents released on Sunday, out of Rs 4,869.31 crore [] The post Ladakh Ge

JAMMU, Feb 1: Union Finance Minister Nirmala Sitharaman on Sunday proposed Rs 43290.29 crore for Jammu & Kashmir Union Territory in the Union Budget 2026-27, which is nearly Rs 2000 crore more than the allocation for the current year. According to budget figures, the Union Finance Ministry has proposed Rs 43290.29 crore in transfers to Jammu & Kashmir for 2026-27. J&Ks assistance for the current financial year has been revised to Rs 41340 crore, up from Rs 41000.07 crore, marking [] The post Uni

New Delhi, Feb 1: Giving an impetus to medical tourism, Union Finance Minister Nirmala Sitharaman on Sunday proposed launching a scheme to support states in establishing five regional medical hubs in partnership with the private sector. These hubs will serve as integrated healthcare complexes that combine medical, educational and research facilities, Sitharaman said presenting the budget 2026-27. They will have AYUSH centres, medical value tourism facilitation centres and infrastructure for diag

New Delhi, Feb 1: The famed Amrit Udyan will open for public viewing from Tuesday, as President Droupadi Murmu graced the opening of its Winter Annuals Edition 2026 on Sunday, an official statement said. People can visit the Udyan six days a week between 10 am and 6 pm (last entry at 5 pm). It will remain closed on Mondays, which are maintenance days and on March 4 due to Holi, said the statement from the Presidents office. The Amrit [] The post Amrit Udyan To Open For Public Viewing From Tuesda

New Delhi, Feb 1: The governments flagship Khelo India programme to scout grassroots-level sporting talent is set to get a boost with Finance Minister Nirmala Sitharaman on Sunday proposing the launch of a Khelo India mission to also focus on systemic development of training centres and coaches over the next decade. Presenting the Union Budget for the year 2026-27, the minister said the mission will facilitate an integrated talent development programme through inter-linking pathways. The Khelo I

New Delhi, Feb 1: Union Finance Minister Nirmala Sitharaman on Sunday announced the development of ecologically sustainable mountain trails in Jammu and Kashmir as part of the Union Budget 2026-27. Presenting the Budget in Parliament, Sitharaman said that Jammu and Kashmir will be development for ecologically sustainable mountain trails. Similar initiatives will also be taken up in the Himachal Pradesh, Uttarakhand and Araku Valley in the Eastern Ghats and the Western Ghats to promote eco-friend

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Sunday proposed to increase time limit for filing revised income tax (I-T) return from December 31 to March 31, on payment of nominal fee. The government also proposed reduction in TCS rate for pursuing education and medical education under liberalised remittance scheme from 5 per cent to 2 per cent. Tax Collected at Source (TCS) rate on sale of overseas tour packages was announced to cut to 2 per cent from [] The post FM Proposes To Incre

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Sunday proposed to exempt Minimum Alternate Tax (MAT) for non-residents who pay tax on presumptive basis. In her Budget speech, she said the threshold for availing safe harbour for IT services is being enhanced from Rs 300 crore to Rs 2,000 crore. Sitharaman added that the tax collected at source rate on liquor, scrap, and mineral has been rationalised to 2 per cent. The minister also announced to rationalise definition of [] The post FM P

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Sunday said the Income Tax Act, 2025 will be implemented from April 1 and rules and tax returns forms will be notified shortly. Beginning April 1, the Income Tax Act, 2025, will come into force replacing the six-decade-old tax law and the changes made in tax laws in 2026-27 Budget will be incorporated in the new legislation. In her Budget speech in the Lok Sabha on Sunday, she said, This (direct [] The post Income Tax Law Comes Into Force

NEW DELHI, Feb 1: Tata Motors Passenger Vehicles on Sunday reported a 47 per cent year on year growth in total sales to 71,066 units in January. The company dispatched 48,316 units in January 2025. Domestic passenger vehicle sales were at 70,222 units last month against 48,076 units in January 2025, up 46 per cent, Tata Motors Passenger Vehicles Ltd said in a statement. (PTI) The post Tata Motors Passenger Vehicles sales up 47 pc YoY in Jan appeared first on Daily Excelsior .

NEW DELHI, Feb 1: Hyundai Motor India on Sunday said its total sales increased 11.5 per cent year-on-year to 73,137 units in January. The companys total sales stood at 65,603 units in January last year, Hyundai Motor India said in a statement. The automaker said its dispatches to dealers in the domestic market increased 9 per cent to 59,107 units last month as compared with 54,003 units in the year-ago period. Exports stood at 14,030 units last month as against [] The post Hyundai sales up 11.5

Jammu, Feb 1: A group of monkeys stranded due to heavy snowfall in Jammu and Kashmirs Patnitop area were rescued and fed by highway maintenance workers of the contracting agency of the National Highways Authority of India (NHAI), officials said on Sunday. Multiple videos of this effort have been circulating online since the incident, which occurred on Friday during a routine inspection of the NashriPatnitopChenani stretch of National Highway 44. NHAI officials said that SRM contractors noticed s

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Sunday proposed seven high-speed corridors among various cities and a new dedicated freight corridor between Dankuni in West Bengal and Surat in Gujarat in the Union Budget for 2026-27. In order to promote an environmentally-sustainable passenger system, we will develop seven high-speed rail corridors between cities as growth connectors, she said while presenting the Union Budget. According to the minister, these proposed corridors will be

Union Finance Minister Nirmala Sitharaman says, I propose to extend time available for revising returns from December 31 to up to March 31 with the payment of a nominal fee. The post Union Finance Minister Nirmala Sitharaman says, I propose to extend time available for revising returns from December 31 to up to March 31 with the payment of a nominal fee. appeared first on Daily Excelsior .

Union Finance Minister Nirmala Sitharaman says,We will develop ecologically sustainable mountain trails in Himachal Pradesh, Uttarakhand and J&K The post Union Finance Minister Nirmala Sitharaman says,We will develop ecologically sustainable mountain trails in Himachal Pradesh, Uttarakhand and J&K appeared first on Daily Excelsior .

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Sunday proposed incentives of Rs 100 crore for single bond issuance by municipal corporations of more than Rs 1,000 crore. She also announced restructuring of REC Ltd (formerly Rural Electrification Corporation) and Power Finance Corporation (PFC) as part of the governments public sector financial institution strengthening. The minister proposed setting up high-level committee on Banking for Viksit Bharat. She said the countrys banking sec

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Sunday announced setting up of one girls hostel in every district of the country. There are over 700 districts in the country. She also proposed a loan-linked capital subsidy support scheme for veterinary colleges, hospitals, and diagnostics laboratories. The minister also announced upgrading Ayush pharmacies and drug testing labs, WHO (World Health Organisation) Traditional Medicine Centre at Jamanagar, Gujarat. The Centre, she said, will

Union Budget 2026-27 | Union Finance Minister Nirmala Sitharaman says, In 2026-27, I propose to increase public capex to Rs 12.2 lakh crores. The post Union Budget 2026-27 | Union Finance Minister Nirmala Sitharaman says, In 2026-27, I propose to increase public capex to Rs 12.2 lakh crores. appeared first on Daily Excelsior .

New Delhi, Feb 1: Finance Minister Nirmala Sitharaman on Sunday proposed to increase the outlay on electronics manufacturing to Rs 40,000 crore in the 2026-27 fiscal year. Presenting the Union Budget for 2026-27, she said high-tech tool rooms will be established at two locations to give push to capital goods manufacturing. Sitharaman also proposed a scheme for container manufacturing to create globally competitive ecosystem. Three dedicated chemical parks will also be set up to enhance domestic

NEW DELHI, Feb 1: Finance Minister Nirmala Sitharaman on Sunday proposed Rs 10,000 crore investment in the biopharma sector over the next five years, a move which would give a boost to the countrys pharmaceuticals industry. Biopharmaceuticals, or biologics, are complex medicines manufactured from living organisms, cells, or tissues rather than through chemical synthesis. She also proposed interventions in six areas, including manufacturing, strategic and frontier sectors, healthcare and advanced

Budget 2026: Propose to set up infrastructure risk guarantee fund for infra sector: FM Sitharaman The post Budget 2026: Propose to set up infrastructure risk guarantee fund for infra sector: FM Sitharaman appeared first on Daily Excelsior .