With the financial year ending soon, many rush to maximize tax-saving investments. Among the options, Tax-Saving Fixed Deposits (FDs) offer secure returns and tax benefits under Section 80C. However, these deposits have a five-year lock-in period and their interest income is taxable.
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Union Home Minister Amit Shah recollected his student days when he protested against Indira Gandhi in Assam, highlighting his detention and mistreatment under the Congress government. Shah also emphasized the peace restoration efforts and projected the Lachit Barphukan Police Academy to become a premier institution within five years.
Arvind Kejriwal accepted AAP's defeat in the Delhi Assembly elections, emphasizing the party's contributions to health, education, and utilities over the past decade. BJP credited PM Modi's leadership and campaign efforts for their victory, with promises of significant governance changes. Kejriwal faced accusations of corruption and arrogance.
The central government has amended the Right to Education (RTE) Rules, 2010, allowing states to conduct regular examinations for students in Classes 5 and 8, with the option to hold them back if they fail. This change comes five years after the 2019 amendment to the RTE Act, which scrapped the “no-detention†policy. While some states have embraced the new system, others, like Kerala, remain opposed, citing concerns over added pressure on students.
The IPL 2025 season sees some of its most expensive players struggling to justify their hefty price tags. Rishabh Pant, Venkatesh Iyer, and Rashid Khan have underperformed with both bat and ball. Pat Cummins' captaincy hasn't translated to wins for Sunrisers Hyderabad, while Rohit Sharma's inconsistency plagues Mumbai Indians despite a recent resurgence.
Former cricketer Ravichandran Ashwin has praised Shubman Gill for his century against Bangladesh in the ICC Champions Trophy. Gill’s performance solidifies his place in India's one-day format. Despite previous doubts, Ashwin believes Gill has proven himself in white-ball cricket. India's upcoming match against Pakistan will be crucial, with Gill as a key player.
Commerce and industry minister Piyush Goyal stated that India's economic growth can be significantly boosted by a combination of consumption-led and investment-led growth. Highlighting efforts to enhance exports and manufacturing, Goyal also mentioned upcoming policies for the toy and footwear industries and emphasized India's demographic advantage over the next three decades.
The Budget has created room for RBI to cut interest rates by maintaining fiscal consolidation and reducing government borrowing. With the lower fiscal deficit target and expected healthy income tax collections, the RBI may lower the policy rate in the upcoming MPC meeting.
China marked the fifth anniversary of the first known COVID-19 death without official commemorations. The pandemic remains a taboo subject in the country. Social media showed little awareness of the anniversary. China continues to face criticism regarding its early handling of the virus, while Beijing declared a 'decisive victory' over COVID in 2023.
Afghanistan aim for a historic Champions Trophy semi-final berth with a win against Australia in Lahore. Fresh from their victory over England, Afghanistan's confidence is high. Star batter Ibrahim Zadran's performance will be crucial. Meanwhile, Pakistan's title defense ends in disappointment after their match against Bangladesh was washed out, finishing last in Group A.
US President Donald Trump sent a letter to Iran's Supreme Leader, Ayatollah Ali Khamenei, urging negotiations for a nuclear deal. Trump emphasized that it would benefit Iran and warned of severe consequences if Iran continued its nuclear program. Diplomatic efforts remain tense, especially after the US withdrew from the 2018 nuclear deal and reinstated sanctions.