June 28, 2026

Trading to get costlier: FM Sitharaman announces STT on derivatives, taxes buybacks as capital gains to curb arbitrage

Ferdous03 mins

Trading and certain corporate cash distribution routes are set to become costlier after the government proposed changes to buyback taxation, securities transaction tax (STT) and tax collected at source (TCS) on select goods, signalling a sharper push to curb tax arbitrage and improve compliance.Finance Minister Nirmala Sitharaman, while announcing the measures, said the change in…

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Factory making ‘milk’ from detergent, urea busted in Gujarat; unit thriving for 5 years, items worth Rs 71 lakh seized | Rajkot News

Ferdous02 mins

PALANPUR: For the past five years, hundreds of villagers in Sabarkantha and Mehsana districts have unknowingly consumed milk and buttermilk adulterated with detergent powder, urea and other toxic chemicals.On Friday, the Sabarkantha Local Crime Branch (LCB) busted a factory allegedly manufacturing adulterated milk near Salal village in Prantij taluka and arrested five people, including a…

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NC’s rebel MP Mehdi says he will join Delhi protest for J&K statehood, Art 370; calls for broader movement | India News

Ferdous02 mins

SRINAGAR: A day after CM Omar Abdullah convened a meeting of NC legislators and MPs at Dachigam National Park on the outskirts of Srinagar and announced a protest in New Delhi on the opening day of Parliament’s monsoon session for the restoration of statehood and “constitutional guarantees” to Jammu and Kashmir, the party’s rebel MP…

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Two-wheeler sales April ’26: Big gains for Hero, Honda; RE clocks 31% jump

Ferdous02 mins

India’s two-wheeler market has kicked off FY2026 on a strong note, with leading manufacturers reporting healthy growth in April. Demand remained robust across motorcycles and scooters, especially in the domestic market, while exports also showed positive momentum for most brands. Here’s how the brands performed. Two-wheeler sales April 2026: Hero MotoCorp emerged as the top-selling…

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‘I’m fed up’: Why mild annoyance at Donald Trump might not help Keir Starmer politically | World News

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President Donald Trump and Britain’s Prime Minister Keir Starmer attend a business roundtable at Chequers near Aylesbury, England. AP/PTI(AP09_18_2025_000277B) There’s a recurring gag in Yes, Minister (and Yes, Prime Minister) which usually involves the premier of Great Britain discovering, with mounting irritation, that he is not quite as sovereign as he believed. At some point,…

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Builders, Bill-ders

Ferdous02 mins

‘Development’ and ‘redevelopment’: two much The old familiar city is disappearing before our eyes. Blame the two swag words, so-called ‘development’ and ‘redevelopment’. In the first, sarkari agencies are rewriting Mortimer Wheeler’s Still Digging. In the second, builders have appropriated the motto of mountaineers, ‘Higher Still and Higher’. Both sell a swanky future, but at…

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Higher perspectives dissolve contradictions

Ferdous03 mins

By Jayant B Dave Astronaut Sunita Williams observed that from space, Earth appears as one, and you do not see man-made borders; you see them only when you return to Earth. Your perspective changes in space. Likewise, apparent differences in smaller truths are reconciled when one viewsfrom a higher perspective. At first, the Upanishads seem…

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