On one hand, there is an ‘embarrassment of riches,’ with rapid growth in both direct and indirect taxes, high and stable economic growth, and moderate inflation—all of which suggest that the economy is in a sweet spot with enormous potential for expansion. Alongside these riches, there are many signs of simmering discontent, as indicated by…
Glitches on income tax portal: Taxpayers and professionals have encountered numerous technical glitches while filing their income tax returns for 2024. Issues include login failures, unresponsive pages, timeouts, and problems reflecting pre-filled data and uploading large files. Inconsistent calculations for capital gains and foreign income tax have also been reported, as well as instances where…
European Commission President Ursula von der Leyen. | Photo Credit: AP Ursula von der Leyen pledged to be a strong leader for Europe in a time of crisis and polarization as she made her final leadership pitch on July 18 in a speech to lawmakers at the European Parliament ahead of a vote on whether…
Suman Bery, NITI Aayog Vice-Chairman. | Photo Credit: Akhila Easwaran India is proving to be a source of solutions in multiple areas, including public service delivery and digitalisation, NITI Aayog Vice-Chairperson Suman Bery said. Mr. Bery also said that by putting the SDGs at the heart of its G20 presidency, India has acknowledged that these…
Anti-quota supporters clash with police and Awami League supporters at the Rampura area in Dhaka, Bangladesh, July 18, 2024. | Photo Credit: Reuters Indian High Commission in Dhaka issued an urgent advisory for members of the Indian community and students residning in Banlgadesh amid violent protests that have killed seven. “In view of the ongoing…
Watch: Did you know the Nilgiri Mountain Railway is 125 years old? It has been 125 years since the Nilgiris Mountain Railway (NMR), fondly called the Ooty toy train of the Nilgiris Railway Company, first chugged up the hills on June 15, 1899. It covers 16 tunnels, over 200 steep curves, and 257 bridges. As the train…
‘Manichitrathazhu’ re-release poster | Photo Credit: @shobana_danseuse/Instagram On the heels of Mohanlal’s 2000 film Devadoothangetting a 4K remastered version re-release, the actor’s Manichitrathazhu is also getting the same treatment. The film, helmed by Fazil, also starred Shobana and Suresh Gopi in lead roles. Shobana took to Instagram to share the news about the film’s re-release. Manichitrathazhu…
Should Trump emerge as the 47th President of the US, as is highly likely, global geopolitical and geoeconomic conditions would swiftly change, given his economic policy plan announcements. This will impact India directly and indirectly through the global spillovers. At a bilateral level, Trump has more than a working relationship with Prime Minister Narendra Modi….
SpaceX will use a powerful, souped-up capsule to shove the International Space Station out of orbit once time is up for the sprawling lab. NASA and Elon Musk’s company on Wednesday outlined the plan to burn the space station up on reentry and plunge what’s left into the ocean, ideally at the beginning of 2031…
Three leading banks in India – State Bank of India (SBI), Bank of Baroda (BoB), and Bank of Maharashtra – have recently launched special fixed deposit (FD) schemes with attractive interest rates tailored to meet a variety of investor requirements. Here’s an overview of these schemes to clarify the available investment options. SBI’s ‘Amrit Vrishti’…
