Finance

A wife managed to win an income tax case in ITAT Mumbai, even after selling two house properties gifted by her husband in Mumbai for Rs 6 crore without paying any income tax. These properties were originally bought in 2002 for Rs 34 lakh and Rs 17 lakh each, and she sold them in 2020

Synopsis Uncertainty surrounding global trade deals is hindering long-term capital expenditure by Indian companies, according to a UBS Securities India report. Despite government initiatives and healthier corporate balance sheets, private sector investment has been sluggish. While some sectors show growth, external factors contribute to a recent slowdown, impacting the overall pace of private capital expenditure.

At least 11 people were stabbed at a Walmart in Traverse City on Saturday – with six in critical condition – in what the sheriff said appeared to be a random act. A suspect was in custody, authorities said. “Eleven is 11 too many, but thank God it wasn’t more,” Grand Traverse County Sheriff Michael

Pakistan has issued a glacial flood warning for its northwestern regions as the country faces above-average monsoon rainfall, raising fears of disasters similar to the catastrophic 2022 floods, Al Jazeera reported on Saturday. As per Al Jazeera, citing Anwar Shahzad, spokesperson for Pakistan’s Provincial Disaster Management Authority, the Khyber Pakhtunkhwa province of Pakistan is experiencing

Rajeev Shukla, Congress MP | Photo Credit: SHIV KUMAR PUSHPAKAR Congress MP Rajeev Shukla has strongly criticised the government’s recent decision to ban 25 OTT platforms and websites, alleging that the move is an attack on freedom of expression. Shukla claimed that the government’s action is selective and politically motivated, targeting platforms that offer alternative

In this image released by Defence PRO on July 25, 2025, Flag Officer Commanding Eastern Fleet (FOCEF) Rear Admiral Susheel Menon in a group picture with other officials, as the Indian Navy’s Eastern Fleet Ships arrive at Da Nang as part of Operational Deployment to South East Asia, in Vietnam. (Defence PRO via PTI Photo)

One of the most difficult tasks has been figuring out what’s been changed in data sets since many of the alterations weren’t recorded in documentation. The data nerds are fighting back. After watching data sets be altered or disappear from US government websites in unprecedented ways after President Donald Trump began his second term, an

Li Qiang, China’s premier, during the World Artificial Intelligence Conference (WAIC) in Shanghai, China, on Saturday, July 26, 2025. | Photo Credit: QILAI SHEN Chinese Premier Li Qiang on Saturday proposed establishing an organisation to foster global cooperation on artificial intelligence, calling on countries to coordinate on the development and security of the fast-evolving technology.

U.S. Secretary of State Marco Rubio and Pakistani Deputy Prime Minister and Foreign Minister Ishaq Dar shake hands for photographers assembled at the State Department in Washington, D.C., U.S. on Friday | Photo Credit: Jonathan Ernst Pakistan’s Foreign Minister Ishaq Dar has said the United States and Pakistan were “very close” to a trade deal

Fresh company incorporations in Jammu & Kashmir (J&K) eased for the second straight in June amid heightened India-Pakistan tensions in the aftermath of the Pahalgam terror attacks and Operation Sindoor. Only 93 new companies were registered in J&K in June, a 22% decline from 119 a year before, showed the latest corporate affairs ministry data.