Finance Minister Nirmala Sitharaman has introduced transformative tax reforms aiming to benefit India's middle class. Key highlights include no income tax for earnings up to Rs 12 lakh, with a simplified tax rate structure. The measures are expected to substantially reduce taxes for the middle class, creating a buzz on social media with various reactions and memes.
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Influencer Ranveer Allahbadia petitions the Supreme Court to address an FIR registered against him by Assam Police despite an ongoing inquiry by Mumbai Police on the same matter. Advocate Abhinav Chandrachud seeks an early hearing, fearing potential coercive actions from Assam Police.
England recorded their 28th ODI loss after setting a 300-plus total, making them the most defeated team in such instances. Rohit Sharma led India to a series-clinching win with a brilliant 119, taking an unassailable 2-0 lead. Captain Jos Buttler admitted the team's shortcomings and emphasized the need for improvement despite ongoing challenges.
Three of the five richest candidates in the Delhi assembly polls are from BJP, with Shakur Basti's Karnail Singh leading with assets worth nearly Rs 260 crore. Analysis by ADR shows wide disparity among candidates, with five billionaires and three having zero assets. The polls will take place on February 5.
Mumbai Police have arrested Vijay Das, also known as Bijoy Das and Mohammed Iliyas, for stabbing Bollywood actor Saif Ali Khan at his Bandra residence. Das was apprehended on a train in Chhattisgarh following a manhunt. Investigations reveal the attack could have been a burglary or targeted assault.
The body of a 23-year-old nurse from Haridwar, Saloni Singh, was discovered inside a locked toilet at a private hospital. Her father alleges she was murdered and that the hospital administration is attempting to mislead them. Police have registered a murder case against unknown persons following a complaint from her parents.
Stock market recommendations: Shriram Finance is expected to benefit from a recovery in vehicle finance, with an anticipated 18% AUM and 19% PAT CAGR over FY24-27. Varun Beverages is projected to sustain earnings growth with a 12% revenue and 17% PAT CAGR over CY24-26, supported by expanding international markets and domestic expansion.
A Supreme Court bench clarified there is no inconsistency in rulings about bail conditions in PMLA cases. The clarification noted the issue of prolonged incarceration was not addressed in the earlier verdict. This clarification came after another verdict highlighted that twin conditions under PMLA must be met for granting bail, reinforcing a rigorous approach to money laundering cases.
A clash broke out between two communities during Mahashivratri celebrations in Hazaribag's Ichak block over the installation of a loudspeaker. The violence resulted in injuries to about 12 people and several vehicles being set on fire. Police imposed prohibitory orders and arrested two individuals to control the situation.
Top Bank Fixed Deposits: With the RBI's recent repo rate cut and the likelihood of another cut in April 2025, fixed deposit interest rates might decline. Currently, elevated interest rates offer a favourable period for risk-averse investors. Evaluation of interest rates and conditions across banks is essential for optimal FD investments.
A loneliness epidemic is gripping the country, particularly among young adults, with one in five reporting they have no close friends. More Americans are dining alone, living alone, and spending less time engaging in meaningful social interactions. Political polarisation is at an all-time high, creating two completely separate realities, where people see opposing views as existential threats. Perhaps most alarming, deaths of despair—suicides, drug overdoses, and alcohol-related deaths—are... Expand