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Politics

India Needs Structural Reform in Property Tax System

India's property tax system is crucial for municipal revenue and urban investment but underperforms significantly. India's property tax revenue is only 0.15-0.2% of GDP, compared to 0.6% in middle-income and 0.3% in low-income countries. Reforms focus on property identification, valuation, and tax collection, supported by initiatives like the Jawaharlal Nehru National Urban Renewal Mission and Atal Mission for Rejuvenation.

Hindu Business·

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Politics

Trump Claims US Has Taken Away Iran's Nuclear Power

US President Donald Trump stated that the war with Iran will end quickly and claimed the US has taken away Iran's nuclear power, preventing major problems. He also predicted oil prices will fall after the conflict ends. Iranian spokesperson Fatemeh Mohajerani rejected Trump's claim that Iran's oil minister resigned due to US pressure, calling it a false attempt to cover failures and said the resignation shows political flexibility.

NDTV World·

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Science

Study Finds Blacktip Sharks Hear Sounds from 74 Meters Away

Researchers from Florida Atlantic University found that wild blacktip sharks can detect low-frequency sounds from up to 74 meters away. The study revealed these sharks use directional hearing to navigate, often making sharp turns in response to sound sources. This discovery enhances understanding of shark behavior and their aquatic environment navigation.

TOI Science·

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Health

Bengaluru Leads 5 Metros in Vitamin Deficiencies Among Women

Bengaluru has the highest rates of vitamin B12, vitamin D, and haemoglobin deficiencies among women in five major Indian metros, per the India Workforce Health Index 2026. Of 1,723 vitamin B12 tests from Bengaluru, 78.8% were below 300 pg/mL, with 47.9% below 200 pg/mL, indicating biochemical deficiency. Vitamin D deficiency affected 83.9% of 1,686 tests. Pune had the highest vitamin D deficiency overall. Deficiencies can cause fatigue, cognitive issues, and nervous system problems, said Dr Mehta Pantula.

Deccan Herald··Bengaluru

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Business

RBI Raises Repo Rate by 25 Basis Points to 5.5%

The Reserve Bank of India increased the repo rate by 25 basis points to 5.5% after 44 months. This move addresses rising inflation and stronger economic growth. Higher interest rates will increase loan EMIs, affecting festive season consumption. Banks are also expected to raise fixed deposit rates following this policy change.

TOI Business·

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Politics

Rakesh Tikait Warns Bihar Govt on Satellite Township Projects

Bharatiya Kisan Union leader Rakesh Tikait criticized Bihar's Satellite Township Projects, warning that farmers' land and rights must not be compromised. The Bihar government plans 11 satellite townships across 10 districts with residential, commercial, and green spaces. Tikait emphasized the need for transparency, social impact assessments, fair compensation, rehabilitation, and farmers' consent to prevent large-scale land transfer and speculation.

The Hindu··Patna

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