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Why India's Middle Class Can't Buy Homes, Even With Higher Salaries

https://ift.tt/BYgTSNV Many middle-class Indians today are finding it harder than ever to buy homes, not because they earn too little, but because asset prices have far outpaced salary growth over the past few decades. Akshat Shrivastava, a hedge fund manager and founder of financial education platform Wisdom Hatch, compares a Rs 3,500 monthly salary in 1990 to today's median salary of Rs 27,000-Rs 29,400.  On the surface, that looks like growth. But adjusted for 6% annual inflation, Rs 3,500 in 1990 holds roughly the same purchasing power as Rs 27,000 today. That, Shrivastava argues, is the root of the issue: while salaries have generally kept pace with inflation, they haven't matched the pace of asset price growth, especially in real estate. "While the salaries are compounding very slowly in India, the asset prices: houses, land, gold, stocks have been growing at a much faster rate," he wrote. He calls this trend asset price appreciation, and notes that it's...

Indian Armed Forces Are NDTV Indian Of The Year 2025

https://ift.tt/kzpNa4u Following a phenomenal display of valour, coordination and pinpoint precision during Operation Sindoor, the Indian Armed Forces have been named NDTV's Indian Of The Year for 2025.  In May, the Armed Forces struck terror bases in at least nine locations in Pakistan - including the headquarters of the Lashkar-e-Taiba in Muridke and Jaish-e-Mohammed in Bahawalpur - as part of the Operation, which was a response to the terror attack in Jammu and Kashmir's Pahalgam, in which 26 people were killed. Pakistan responded by attempting to attack Indian military installations and civilian locations by launching drones and missiles on three successive days, but was thwarted by India's air defence systems. The Indian Armed Forces, in turn, first took out some of Pakistan's air defence systems, including in Lahore, and then struck key military bases like the all-important Nur Khan airbase, also known as the Chaklala airbase. Pakistan then sought a ceasefire a...

Kishan Surpasses Dhoni, Equals Abhishek After 45-Ball 100 In SMAT Final

https://ift.tt/A7j0tZN Ishan Kishan was in fiery form for Jharkhand against Haryana in the final of the Syed Mushtaq Ali Trophy - the national T20 tournament. The wicketkeeper-batter, who is the captain of Jharkhand, slammed 101 off just 49 balls (10x6s, 6x4s). This was Kishan's fifth century in SMAT in 62 innings, equalling Abhishek Sharma . Kishan hit 33 sixes in SMAT 2025 - the most by a designated wicketkeeper-captain in any T20 tournament (international or domestic franchise). Earlier, MS Dhoni (30 sixes, IPL 2018) and Nicholas Pooran (30, ILT20 2023-24) held the record. Kishan's century is bound to be noticed by the BCCI selectors. Kishan, who last played for India against Australia in a T20I in 2023, has been playing for India A in recent times. However, as far as T20Is go, Sanju Samson and Jitesh Sharma are above him in the pecking order. Kishan made a compelling case for a T20I recall with a belligerent hundred to power Jharkhand to their maiden Syed Mushtaq ...

"Had A Muslim Man Lifted Hindu Woman's Veil...": Omar Abdullah On Hijab Row

https://ift.tt/TR0g9FO Jammu and Kashmir Chief Minister Omar Abdullah, speaking on the hijab row in Bihar and the BJP's reaction to it, said today that one can expect no better from the party. A section of leaders in the BJP has been vocal supporters of Bihar Chief Minister and ally Nitish Kumar -- who landed in controversy after pulling at a Muslim doctor's veil at a public event.  Today, BJP minister Giriraj Singh escalated the row with his comment that the woman can accept the appointment or "go to hell".  Amid vocal demands for an apology, Omar Abdullah said, "If I had lifted the veil of a Hindu woman in Haryana or Rajasthan, would the BJP said the same?" "Had a Muslim man lifted the veil of a Hindu woman imagine the kind of trouble it would have caused. But because the woman is a Muslim, the BJP is behaving this way. We can expect no more from them," he added. Earlier today, Giriraj Singh had staunchly defended Kumar, saying he has done not...

"Dhoni Will Move On": CSK Head Coach's 'At Some Point' Remark Creates Buzz

https://ift.tt/QW9duM1 Chennai Super Kings head coach Stephen Fleming was quite honest while talking about the side's decision of trading Ravindra Jadeja for Sanju Samson. He admitted that the move was executed in order to keep the franchise prepared when MS Dhoni leaves. Notably, the legendary wicketkeeper-batter has guided CSK to a record-equalling five Indian Premier League titles. Given Dhoni is at the fag end of his career, CSK need a replacement to fill his shoes in the upcoming years. The trade was a big call from the franchise as it also included England's Sam Curran. The all-rounder too headed to Rajasthan Royals along with Ravindra Jadeja for Samson as part of the deal. "For us, the opportunity was there. We felt we were still a little bit light in our opening batting. And we were also looking at the fact that at some point, MS will move on," Fleming said at the IPL 2026 auction. "Sanju is an international-quality player, and he fills that role very ...

Maharashtra's 'Rummy' Minister Resigns Hours After Conviction In 1995 Case

https://ift.tt/hmaj7dw Maharashtra Sports Minister and NCP leader Manikrao Kokate resigned, hours after a court upheld his conviction in a three-decade-old housing scam case, triggering political churn within the state's ruling Mahayuti alliance and intensifying pressure on Deputy Chief Minister Ajit Pawar. Kokate, who held the sports portfolio and was later left without charge following earlier controversies, stepped down on Wednesday after a Nashik sessions court confirmed a two-year prison sentence against him. The Maharashtra Sports Ministry is now under Ajit Pawar's charge.  Kokate and his brother, Vijay Kokate, were convicted in a case dating back to 1995, relating to the alleged misuse of a 10 per cent quota meant for the Economically Weaker Section (EWS) in a housing scheme. The brothers were found guilty of offences including cheating and forgery. The sessions court upheld the sentence earlier awarded by a magistrate, paving the way for Kokate's possible disqual...

Flipperachi Reveals What Life After Akshaye Khanna Made FA9LA Viral Is Like

https://ift.tt/KMG4HNm Bahraini rapper Flipperachi, whose track FA9LA has taken the internet by storm, has opened up about how dramatically life has changed since Akshaye Khanna grooved to the beats of his song in Dhurandhar. What began as a standalone hip-hop release has now transformed into a global phenomenon. Speaking to NDTV's Aditya Raj Kaul, Flipperachi reflected on how the film played a crucial role in catapulting FA9LA into the mainstream. "The movie came in, picked it up, and I mean, the rest is history," he said. The rapper admitted that the scale of the song's success caught him completely off guard, particularly in India, where the track has dominated reels, memes, and music charts. "I honestly didn't expect it to blow up like this," Flipperachi shared. "People don't really understand what I'm saying lyrically, but the beat is powerful, and that is crazy. It connected with them. It really got to them." FA9LA , also ...