Budget 2014: Jaitley powers Modi’s vision
* I-T exemption cap raised to Rs 2.5 lakh
* Tax breaks on housing loans up
* 49% FDI in defence, insurance sectors
* 5 IITs, 5 IIMs, 4 AIIMS soon

New Delhi, July 10 The Narendra Modi government today unveiled its intent to revive growth by shoring up infrastructure and manufacturing, besides increasing investments by boosting savings through Income Tax sops and raising tax breaks on housing loans in its first Union Budget. Jait(ley), set, go for Modi sarkar: FM at Parliament.

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What the budget means for us
For the region
Editorial: Focus on jobs and growth
Chandigarh page: UT’s hopes dashed, share cut
Ludhiana page: Local industry gives thumbs down
Delhi page: Budget: Rs 200 cr earmarked for power; Rs 500 cr for water reforms

BUDGET 2014: SPECIAL Striking a balance between poll promises, future gains Defence sector gets Rs 2.29 lakh cr, Jaitley increases FDI to 49% Agriculture gets a major push Infra pill seeks to revive investor confidence Budget fluctuates market wildly

India, US chalk out agenda for Modi-Obama summit
New Delhi, July 10
India and the United States today began doing the ground-work for the summit between Prime Minister Narendra Modi and President Barack Obama in Washington in September.

Union Home Minister Rajnath Singh shakes hands with US Assistant Secretary of State for South and Central Asian Affairs Nisha Biswal as US Deputy Secretary of State William Joseph Burns looks on at a meeting in New Delhi on Thursday. PTI

Bike bomb goes off near Pune police station; 4 hurt
Pune, July 10
Four persons, including a police constable and a woman, were injured when an explosive device fixed to a motorcycle at a parking lot here blew up today afternoon, officials said.

Police inspect the spot after a blast in Pune on Thursday. PTI

Gaza campaign: Israeli air strikes kill 25
Gaza/Jerusalem, July 10
Israel's air force today intensified its offensive against Hamas targets, killing 25 people, taking the death toll to 76 on the third day of hostilities as Palestinian militants fired 15 rockets into the Jewish state.
(Details on World page)

special to the tribune A Singh sells cool ‘lassi’ in hot zone Lassi (laban in Arabic) has become the speciality of a small boutique hotel in Baghdad that employs a self-made chef from Jalandhar. 'Matar paneer' is another delicacy prepared by Major Singh, a 28-year-old former construction worker from Nakodar district in Jalandhar who has been in Iraq for the past three-and-a-half years.