India has increased its vigilance following reports of rising respiratory illnesses in China. The health ministry held a high-level meeting to assess the situation, emphasizing preparedness. Experts indicated that the surge is due to common flu viruses, including HMPV. The Indian government is monitoring the situation closely, ensuring hospitals are ready to handle any increase in cases.
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Luigi Mangione, accused of murdering UnitedHealthcare CEO Brian Thompson, sparked a fashion sensation with his burgundy sweater during his court appearance. Social media quickly sold out the $89.50 Nordstrom sweater, likened to infamous outfits of past high-profile trials. Experts warn against glamorising accused criminals, as his 'hot assassin' look garners unsettling admiration and donations.
A 5.5 magnitude earthquake struck central Myanmar near Meiktila, a region already reeling from a devastating 7.7 magnitude quake in March. While there were no immediate reports of significant damage or casualties, residents fled buildings, and some ceilings were damaged.
A priest, Iyyagari Venkata Sai Krishna, was sentenced to life imprisonment for murdering aspiring TV actress, Kuruganti Apsara, in June 2023. He bludgeoned her to death and concealed her body in a sealed manhole. The court fined him Rs 10 lakh.
Lieutenant Governor VK Saxena expressed his objections to Delhi CM Atishi over Arvind Kejriwal referring to her as a 'temporary CM'. Saxena emphasized the insult to her and criticized Kejriwal's statements as unconstitutional. He praised Atishi's governance approach and articulated challenges left by the previous administration, while condemning unfounded allegations against her and the negative political discourse.
In 1998, Jeff Bezos expressed interest in acquiring Netflix as part of Amazon's video market expansion, but co-founders Reed Hastings and Marc Randolph declined the exploratory proposal, which suggested a price in the low eight figures. Hastings also recounted their unsuccessful attempt to sell Netflix to Blockbuster, aiming to avoid future competition, but Blockbuster showed no interest in the acquisition.
New Income Tax Slabs FY 2025-26: Starting April 1, 2025, individuals opting for the new income tax regime won't pay taxes on taxable income up to Rs 12 lakh. The revised income tax slabs for FY 2025-26 impose differentiated rates for varied income ranges with detailed tax liability calculations for incomes exceeding Rs 12 lakh.
Stock market recommendations: CESC and NTPC are recommended as top stock picks today by Somil Mehta of Mirae Asset Sharekhan. CESC is expected to break out from consolidation, with support at Rs 127 and resistance at Rs 140. NTPC's inverted head and shoulders pattern suggests an upside, with support at Rs 300 and resistance at Rs 338.
Microsoft CEO Satya Nadella announced a $3 billion investment in India's cloud and AI infrastructure, including new data centers. He discussed India's role in AI innovation with Infosys chairman Nandan Nilekani, highlighting the importance of balancing AI innovation with safeguards and India's favorable environment for rapid technology adoption.
Switzerland has withdrawn the most-favored-nation clause for India under their double tax avoidance agreement. This comes after a 2023 Indian Supreme Court ruling against Nestle, impacting Indian companies invested in Switzerland. Dividend tax will rise from 5% to 10% starting January 1, 2025, potentially reducing their competitiveness and prompting other nations to follow suit.
Finance Minister Nirmala Sitharaman is leading the 55th GST Council meeting in Jaisalmer. AAC blocks with high fly ash content will now face a lower 12% GST. Conversely, used vehicles, including electric ones, see an increased 18% rate on sale.