News that keep you updated
BCCI vice-president Rajeev Shukla (ANI Photo) NEW DELHI: The Board of Control for Cricket in India (BCCI) on Monday said it fully agrees with the International Cricket Council’s stance on sportsmanship following Pakistan’s decision to boycott its T20 World Cup 2026 group-stage match against India, scheduled for February 15. BCCI vice-president Rajeev Shukla said the…
Rupee began February on a stronger note, rising 18 paise to 91.75 against the US dollar in early trade on Monday. The gain comes after last week’s weakness, when the currency had slipped to the 92 mark against the greenback.Earlier on Friday, rupee had hit an all-time low of 92.02 before recovering to close 6…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmarks, opened flat in trade on Monday, a day after 2% crash on Budget’s hike in STT on futures and options. While Nifty50 went below 24,800, BSE Sensex was down over 100 points. At 9:16 AM, Nifty50 was trading at…
US President Donald Trump announced on Sunday that the Kennedy Center will be shutting down for two years starting July 4, America’s 250th anniversary, for extensive renovations amid declining ticket sales and performer boycotts. Trump, who recently became chairman and added his name to the building, claims the closure is necessary to transform it into…
Elon Musk (AP file photo) Tech billionaire Elon Musk on Monday denied any links with Jeffrey Epstein, saying he never visited the financier’s “creepy island”, travelled on his “Lolita Express” plane, or attended his parties. The clarification came after Musk’s name appeared in the latest batch of documents linked to the Epstein case.Musk issued the…
NEW DELHI: An earthquake of intensity 4.7 hit Baramulla in Jammu and Kashmir early Monday morning. According to the National Centre of Seismology, the depth of the earthquake was recorded to be 10km. No immediate signs of damage have been reported yet.Earlier, an earthquake of 4.6 magnitude also hit the Andaman and Nicobar Islands on…
Eyes on lab-grown diamonds as gold, silver look volatile For consumers, lab-grown diamond jewellery is likely to remain the most attractively priced segment, with extended customs duty exemptions on diamond inputs. However, with no reduction in Basic Customs Duty (BCD) on gold and silver, especially when prices are high, jewellery prices will remain high.Budget has…
Amnesty on hidden foreign assets in Budget 2026 In a bid to resolve long-pending cases of inadvertent overseas asset non-disclosures and to encourage voluntary compliance, the Budget has proposed a fresh amnesty window for small taxpayers, alongside a relaxation of prosecution norms under the Black Money law.Under the proposed Foreign Assets of Small Taxpayers –…
A chunk of FM’s new measures was addressed at foreign investors, whose interest in India, data shows, has cooled. So, the Budget courts global and diaspora capital.Aside from the generous tax holiday on data centres right up till 2047, the proposed year of the nation’s tryst with Viksit Bharat, the Budget offered a 5-year tax…
If trust has been Nirmala Sitharaman’s byword for taxpayers so far, she took it further this year to improve ‘ease’ of filing and updating returns, and encouraging voluntary compliance to cut down on litigation. Sitharaman said the new Income Tax Act, 2025, which comes into force from April 1, is revenue-neutral, with no changes to…
