Budget 2025 income tax expectations: With Budget 2025 approaching, individual taxpayers expect key changes, such as higher tax exemption limits, increased rebates, and enhanced standard deductions.
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The Boxing Day Test between India and Australia ended with a controversial decision when Yashasvi Jaiswal was given out caught behind by the third umpire during the closing stages on the final day, despite no deviation on the 'Snickometer.' This left India on the brink of defeat as they eventually collapsed to 155 all out, losing the match by 284 runs.
Mumbai Police have initiated an investigation following a WhatsApp threat from a Pakistani number to attack Maharashtra CM Devendra Fadnavis. Meanwhile, two individuals were arrested for sending a bomb threat to Maharashtra deputy CM Eknath Shinde. Security measures have been intensified to ensure the safety of state officials.
BJP criticizes Rahul Gandhi for allegedly aligning with Hindenburg Research to destabilize India as the firm announces its closure. Ravi Shankar Prasad questions Gandhi's intentions and ties Hindenburg's activities to Congress's moves, insisting on their attempts to disrupt the Indian state. BJP continues its attacks following these developments.
Virat Kohli stands on the cusp of history, needing just 25 runs to become the second Indian to reach 1500 Test runs in Australia, trailing only Sachin Tendulkar. With seven centuries already Down Under, Kohli's form is crucial as India faces a must-win third Test against Australia at the Gabba.
Maharashtra reported its fifth death due to Guillain-Barre Syndrome (GBS), with Assam confirming its first fatality. The outbreak has caused an increase in critical cases in Pune, leading to a rise in ICU admissions and ventilator support. Water contamination has been identified as a potential cause.
Akhilesh Yadav accused the BJP of plotting to use the Maha Kumbh to promote Yogi Adityanath as a Prime Ministerial candidate and fostering societal division. This accusation follows BJP MP Nishikant Dubey's controversial remarks criticizing the Supreme Court, which the BJP has distanced itself from, emphasizing they were Dubey's personal views.
Rahul Gandhi has initiated the 'White T-shirt Movement,' emphasizing collective action for justice and rights of the poor and working class. He criticizes the Modi government for neglecting these groups in favor of enriching capitalists, leading to increasing inequality and worsening conditions for workers.
The Kremlin dismisses US President Donald Trump's remarks on the Ukraine conflict, expressing openness to constructive dialogue despite proposed sanctions. Trump threatens increased economic pressure on Russia, urging a peace deal to end the war. Meanwhile, Russian attacks continue, causing casualties in Zaporizhzhia, Ukraine.
Vivian Wilson, estranged daughter of Elon Musk, addressed accusations of her father's alleged 'Nazi salute.' Critics liken Musk's gesture during a Trump rally to fascist salutes. Musk denies the claims, calling them baseless. Wilson cryptically suggested the act was deliberate, emphasizing plausible deniability. Musk also criticized Wikipedia for referencing the controversial gesture.
Stock market crash: The Indian stock market has experienced a severe downturn, with the Sensex falling 3,000 points over nine sessions, particularly affecting the smallcap and microcap segments. Continued FII withdrawals and high valuations suggest prolonged market weakness. Experts anticipate further volatility but expect recovery starting in Q1 FY26.