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Finance Minister Nirmala Sitharaman
India's Reforms Story
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Those who are working from home, can expect deductions for expenses from Budget 2021 (Bloomberg)

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File photo: A banner erected by the Indian army stands near Pangong Tso lake near the India China border in Ladakh area. (AP)
The Budget documents will be available on the mobile app after the completion of the Budget speech by FM Sitharaman in Parliament on 1 February.
The tunnel detected in Kathua by BSF

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(Photo: Reuters)
With the government borrowing more, there will be less money left for other borrowers
Congress leader Rahul Gandhi greets party workers during his election campaign in Coimbatore (PTI)
68% industry leaders are positive about India’s economic reviva, says a survey by Deloitte.  (ANI Photo)
Each successive budget has added a new layer of complexity rather than reducing it
The Covishield vaccine, manufactured by the Serum Institute of India (HT)
The Covishield vaccine, manufactured by the Serum Institute of India (HT)

Inside the world's biggest vaccine factory, India's Serum Institute

  • From Brazil to South Africa, there is no shortage of customers, with governments clamouring to buy Covishield
  • Unlike the rival Pfizer-BioNTech vaccine, Covishield can be stored and transported using standard refrigeration

This took the petrol price in Delhi to  ₹85.70 per litre and in Mumbai to  ₹92.28.
Prime Minister Narendra Modi. (ANI Photo)
RIL chairman and managing director Mukesh Ambani.mint (MINT_PRINT)
On Monday, Bandhan Bank shares fell 5.21%, or  ₹27.55, to  ₹501.10 apiece on the BSE while the benchmark Sensex rose 0.43% to 35,850.16 points. Photo: Mint
On Monday, Bandhan Bank shares fell 5.21%, or 27.55, to 501.10 apiece on the BSE while the benchmark Sensex rose 0.43% to 35,850.16 points. Photo: Mint

Analysts expect 59% upside in this banking stock

The brokerage adds that Bandhan Bank has been building provisioning buffers on the back of its strong operating profitability to absorb asset quality accidents and reduce earnings volatility.

Indian Railways' longest freight train
The company said more than 53 per cent of Swift customers are below the age of 35 years
Altroz will be displayed at all three venues in the UAE where IPL 2020 will be played.
A woman receiving a dose of the Covishield vaccine, at Military hospital in Prayagraj. (ANI)
An image tweeted by Brazilian President Jair Bolsonaro
In this piece, we explain the advantages and limitations of NPS and how savers can integrate it into their retirement planning. Photo: iStock
The Ministry has also said that all states are required to protect and rehabilitate transgenders. (ANI)
FILE PHOTO: A Pakistan International Airlines (PIA) passenger plane prepares  (REUTERS)
An archival image of Netaji Subhas Chandra Bose. (HT file photo) (HT_PRINT)
The scheme is expected to cost around  ₹760 crore and is aimed at helping informal workers (HT)
A health worker wears protective gear inside a locked down portion of the Jordan residential area to contain a new outbreak of the coronavirus disease (COVID-19). (REUTERS)
A health worker wears protective gear inside a locked down portion of the Jordan residential area to contain a new outbreak of the coronavirus disease (COVID-19). (REUTERS)

A year after Wuhan lockdown, China reports small rise in COVID-19 cases

  • The northeastern province of Heilongjiang recorded 56 new cases and neighbouring Jilin province had 13

U.S. President Joe Biden speaks about his administration's plans to respond to the economic crisis, in the State Dining Room at the White House in Washington. (REUTERS)
U.S. President Joe Biden speaks about his administration's plans to respond to the economic crisis, in the State Dining Room at the White House in Washington. (REUTERS)

Coronavirus expected to kill over 6,00,000 people in US: Joe Biden

  • Joe Biden has announced two executive orders on Friday, one focused on expanding food assistance and delivering stimulus checks to very low-income Americans, and the other on raising the minimum wage to $15 for the federal workforce

The rate of interest is decided by the Central Board of trustee (CBT), the apex decision making body of the EPFO.
The rate of interest is decided by the Central Board of trustee (CBT), the apex decision making body of the EPFO.

Know how EPF interest is calculated

  • Most salaried employees contribute around 12% of their salary--basic plus dearness allowance--to their provident fund accounts every month. A matching contribution is made by the employer every month

A view of the Noida Gate after farmers blocked Chilla (Delhi-Noida border) during the ongoing protest against the new farm laws, in Noida on Monday. (HT Photo) (HT_PRINT)
The person who revealed an alleged plot to shoot four farmer leaders and cause disruption during the tractor march on 26 January has been handed over to police. (ANI)
The person who revealed an alleged plot to shoot four farmer leaders and cause disruption during the tractor march on 26 January has been handed over to police. (ANI)

Masked man alleges plot to shoot 4 farmer leaders at 26 Jan tractor rally

  • The masked man claimed that his accomplices were allegedly asked to pose as policemen and baton-charge the crowd if things go out of control during the farmers' proposed tractor rally in Delhi on Republic Day

The UK Home Office has so far only confirmed on background that a confidential legal process remains ongoing before the extradition order can be executed (HT_PRINT)
The UK Home Office has so far only confirmed on background that a confidential legal process remains ongoing before the extradition order can be executed (HT_PRINT)

Vijay Mallya has applied for ‘another route’ to stay in UK, says lawyer

The 65-year-old businessman, whose legal challenge to the Indian government’s extradition request was turned down at the Supreme Court level in the UK last year, remains in Britain on bail until Patel signs off on the order for him to be extradited to India

Presently, as per Section 80 C of the Income Tax Act, an individual and an HUF are allowed to claim deduction up to  ₹1.50 every year for repayment of the principal amount of home loan taken to buy or construct a residential house.. Photo: iStock
Presently, as per Section 80 C of the Income Tax Act, an individual and an HUF are allowed to claim deduction up to 1.50 every year for repayment of the principal amount of home loan taken to buy or construct a residential house.. Photo: iStock

Budget 2021: Why a separate section for home loan deduction is needed?

  • Section 80 C was introduced in 2003 with an initial limit of 1 lakh and increased to 1.50 lakh in 2014
  • If we want to make it commensurate with the average rate of inflation of 6% for 18 years, the amount of deduction available today should at least not be less than 2.85 lakh

India believes that the treaty does not constitute or contribute to the development of customary international law (PTI)
Industry participants believe, the FM should also consider ways to make cross-border investing as easy as possible, and set out a policy for it. (Bajaj Finserv)
A Tesla Inc. Model S electric vehicle (Bloomberg)
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