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Month: May 2025

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‘Dharavi likely to unlock 140m sqft free sale portion’ | India News

[ad_1] 'Dharavi likely to unlock 140m sqft free sale portion' MUMBAI: Property experts estimate a free sale component of roughly 140 million sq ft to be unlocked by the Dharavi redevelopment plan, yielding revenues of Rs 1.2-1.7 lakh crore for the joint venture between the state government and the Adani group.Said Anuj Puri, chairman, Anarock Group, "At a rough estimate, the Dharavi redevelopment project presents the builder with about 140 million sq.ft. of overall saleable area for sale on the open market, with a separate allotment for rehabilitation of the current inhabitants. We are roughly looking at over Rs 1 lakh crore of gross revenue. The anticipated profit margins are anywhere between 18-25%. It is also important to note that the Dharavi redevelopment project permits the developer to monetize TDR, or Transferable Development Rights, as well as commercial spaces.''Nav Bharat […]

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Supreme Court: UP nixing land allotment to Kamla Nehru Trust justified | India News

[ad_1] Supreme Court: UP nixing land allotment to Kamla Nehru Trust justified (Picture credit: ANI) NEW DELHI: Supreme Court on Friday affirmed the Uttar Pradesh State Industrial Development Corporation's decision to cancel allotment of 125 acres of land in Sultanpur to Kamla Nehru Memorial Trust (KNMT), named after Congress politician Rahul Gandhi's great grandmother, saying a huge tract of industrial land was allotted without evaluating benefits to the public.Dismissing KNMT's appeal, a bench of Justices Surya Kant and N Kotiswar Singh said that though the land was allotted in 2003, the trust failed to make timely payment of the cost of the land and kept seeking "unwarranted concessions, including waiver of interest and rescheduling of dues". It also cancelled the subsequent allotment of the same land to Jagdishpur Paper Mills.Terming KNMT a chronic defaulter, the bench said, "UPSIDC's action in […]

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Trump reacts to question on pardoning Diddy, says he would certainly look at the facts

[ad_1] Trump reacts to a question of pardoning Sean Diddy who is facing trial in sex trafficking case. President Donald Trump in his Oval Office press conference Friday said Diddy used to like him a lot when he was asked whether he would consider pardoning Diddy. "I would certainly look af the facts. I haven't been watching it too closely. I haven;t spoken to him in years," Trump said adding that if somebody was mistreated, "whether they like me or don't like me, it wouldn't have any impact". "Nobody asked, but I know people are thinking about it I think people have been very close to asking," Trump said. Diddy's trial is now in its third week as the rapper faces federal charges of sex trafficking, racketeering conspiracy and transportation to engage in prostitution.Diddy's ex-girlfriend Cassie Ventura testified over four […]

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Assam TET result 2025 announced: Check direct link and steps to download marksheets here

[ad_1] The Assam TET Result 2025 has been announced today, May 30, 2025, by the Directorate of Secondary Education, Assam. This result is for the recruitment exam held on January 19, 2025, to fill teaching posts in government schools across the state. The exam was conducted for both Graduate Teacher (GT) and Post Graduate Teacher (PGT) positions in subjects like Arts, Science, Hindi, and Sanskrit.Candidates who appeared for the test, can now check their results on the official website by using their application number and password. This recruitment aims to select qualified teachers to improve the quality of education in Assam's secondary schools.Vacancies under Assam TET recruitmentThe Assam TET 2025 examination was conducted to fill 9,717 teaching positions. The division of vacancies is provided below: Post Graduate Teacher (PGT): 1,487 posts Graduate Teacher (GT): 8,230 vacancies across various subjects, including […]

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Donald Trump announces 50% tariff on steel imports to ‘secure industry in US’

[ad_1] US President Donald Trump speaks at US Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pennsylvania (AP Photo) US President Donald Trump said on Friday that he is doubling the tariff on steel imports to 50 percent, a big increase that could raise prices for steel, which is used in housing, cars, and other products."We're going to bring it from 25 per cent to 50 per cent, the tariffs on steel into the United States of America, which will even further secure the steel industry," Trump said.Trump said he had a "major announcement" as he spoke at US Steel’s Mon Valley Works–Irvin Plant in West Mifflin, US state of Pennsylvania, near Pittsburgh, to talk about investments by Japan’s Nippon Steel."Nobody's going to get around that," he added during the speech in front of workers […]

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RBI eyes bank-like rate norms for NBFCs to plug policy gaps

[ad_1] MUMBAI: RBI is looking to introduce interest rate rules for non-banking finance companies similar to those that govern banks. The goal is to improve how changes in monetary policy pass through to borrowers and to make loan pricing more transparent.As of now, when RBI changes its benchmark repo rate, banks pass on the changes quickly to borrowers with floating-rate loans. However, NBFCs, including housing finance firms, adjust more slowly or in ways that are less transparent. "The extant regulations on interest rates on advances vary across all regulated entities," said RBI. "In order to harmonise the same, a comprehensive review of the extant regulatory instructions is underway."RBI has been consulting internally and with key industry stakeholders about how to standardise interest rate frameworks. "In order to solicit wider public feedback, it is proposed to issue a discussion paper delineating […]

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In farewell to Elon Musk, Donald Trump hails his cost-cutter-in-chief for ‘colossal change’

[ad_1] Elon Musk attends a news conference with President Donald Trump in the Oval Office of the White House, Friday, May 30, 2025, in Washington. (AP Photo) US President Donald Trump said goodbye to billionaire Elon Musk in the Oval Office on Friday, marking the end of Musk’s time leading the Department of Government Efficiency (DOGE). Musk will now focus more on his companies, including Tesla, SpaceX, and X.As the richest person in the world stepped down from his position as the US government's lead cost-cutter, Trump praised Musk's "incredible service" and gave him a golden key to the White House."Today it's about a man named Elon," Trump said during a joint press conference with Musk, marking his last day leading the DOGE.Also read: Musk 'not really leaving,' says Trump - Key updates from joint press conference Trump praised Musk […]

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Focus on connection with citizens: PM Modi to babus | India News

[ad_1] File photo: PM Modi (Picture credit: PTI) NEW DELHI: In a span of just a month, PM Narendra Modi has twice taken top central government bureaucrats and state chief secretaries by surprise by flagging public grievances that had reached him directly, reports Dipak Dash.On April 30, secretaries and chief secretaries attending a meeting under Pragati - the performance audit PM holds periodically - were surprised when Modi raised shortcomings in the implementation of the Jal Jeevan Mission, a scheme to reach piped water to all households.On Wednesday, he again left them amazed when, during a review of the functioning of real estate regulators, he shared feedback that files in RERA offices don't move unless "vyavastha", a popular Hindu euphemism for pleasing the authorities, has been made.Senior officials said the two meetings, apart from providing a peek into the PM's […]

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Sidda-DKS rift casts shadow over stability of Karnataka government | India News

[ad_1] Sidda-DKS rift casts shadow over stability of Karnataka govt (Picture credit: ANI) BENGALURU: Congress in Karnataka is heading into a critical phase as internal tensions between CM Siddaramaiah and deputy, DK Shivakumar, escalate, raising concerns about the stability of the govt and the party's long-term prospects, reports Manu Aiyappa Kanathanda.At the heart of the conflict is the unresolved issue of a change of guard. An unwritten understanding is believed to have been reached when Congress formed the government in May 2023 - that Siddaramaiah would serve as CM for two-and-a-half years, after which Shivakumar would take over. If honoured, this transition would take place in Nov.However, with no official word from party high command and no signs of preparation for a handover, the issue is becoming increasingly contentious. Both netas remain indispensable to Congress in Karnataka - Siddaramaiah with […]

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Vehicle falls into Teesta in Sikkim; 1 dead, 8 missing | India News

[ad_1] This is an AI-generated image, used for representational purposes only. KALIMPONG/BHUBANESWAR/KENDRAPADA: One person was killed and eight tourists - including BJP's Odisha Mahila Morcha secretary Itishree Jena - went missing after their vehicle plummeted into the Teesta river in Sikkim on Thursday evening.The accident occurred on the stretch between Chungthang and Munshithang. Of the 11 people travelling in the vehicle, six were from Jena's family. One of Jena's sons and her nephew have been rescued, said Jajpur MP Rabindra Narayan Behera. Her other son is among those missing.Mangan SP Sonam Detchu Bhutia on Friday said six tourists from Odisha and four from Tripura, along with their driver, were travelling from Lachen to Lachung in North Sikkim when the vehicle skidded off the road and fell into the river. He said two boys - Swayam Supratim Nayak, 19, and Sairaj […]