The national capital is once again witnessing a political showdown, this time over a critical issue—electricity supply. Former Delhi Chief Minister and Aam Aadmi Party (AAP) national convenor Arvind Kejriwal launched a scathing attack on the ruling Bharatiya Janata Party (BJP) on Thursday, blaming the recent wave of power outages on the alleged mismanagement by the BJP-led administration. Kejriwal took to social media platform X (formerly Twitter) to express his frustration over what he

In a significant escalation of political and legal resistance, Illinois Attorney General Kwame Raoul and a coalition of 20 state attorneys general have filed a lawsuit against former President Donald Trump’s decision to dismantle the Institute of Museum and Library Services (IMLS), a move that threatens millions in federal funding for cultural institutions across the country. Illinois stands to lose $11.3 million in annual support for its libraries, museums, and historical archives if the

As the new financial year commences on April 1, 2025, several significant income tax changes have officially come into effect, directly impacting salaried individuals, senior citizens, investors, and taxpayers across the country. Announced during Budget 2025, these updates aim to simplify compliance, improve transparency, and provide substantial relief to the middle class. From revised tax slabs to increased deduction limits and changes in TDS thresholds, here’s a complete breakdown of

Dallas County’s health department is currently grappling with significant financial challenges after losing two federal grants that totaled $70 million. These federal grants, which were frozen as part of the broader effort under the Trump administration to cut government spending, played a crucial role in funding key public health initiatives, including immunizations and research. The decision to rescind these grants has left Dallas County’s Health and Human Services scrambling to

The Pakistan Cricket Board (PCB) has reportedly suffered an estimated Rs 869 crore (USD 85 million) loss after hosting the ICC Champions Trophy 2025, resulting in severe budget cuts across various sectors of Pakistani cricket. This substantial financial setback has prompted drastic cost-cutting measures, including reductions in match fees and player accommodations. The financial blow stems from heavy investments in stadium upgrades and event preparations. According to a report by The Telegrap

Tamil Nadu Chief Minister MK Stalin has sparked fresh controversy by replacing the official rupee symbol with the Tamil letter for ‘ru’ from the Tamil word ‘rubai’ (meaning rupees) in the upcoming Tamil Nadu Budget 2025-26. This unexpected decision has intensified the ongoing language debate between the Tamil Nadu government and the central administration. The teaser for the state budget, set to be presented on March 14, 2025, prominently featured the new logo, omittin

The Karnataka government’s 2025 budget, presented by Chief Minister Siddaramaiah, has ignited a major political controversy, with the BJP accusing Congress of appeasement politics over the allocation of funds for minority welfare programs. The budget earmarks significant funds for Muslim welfare, including: ₹1,000 crore for minority development ₹150 crore for Waqf property protection ₹100 crore for Urdu schools A ₹6,00

China has announced a 7.2% increase in its defence budget for 2024, raising military spending to $249 billion as the country continues its aggressive modernization efforts amid escalating regional tensions. The budget, which was revealed in a draft report submitted to the National People's Congress (NPC) by Premier Li Qiang, underscores China’s strategic focus on military expansion in the Taiwan Strait, South China Sea, and its border with India. This increase follows China’s

Microchip Technology has announced plans to lay off 2,000 employees, approximately 9 percent of its global workforce, as part of a restructuring plan aimed at cost reduction and operational efficiency. The decision is driven by declining semiconductor demand, particularly from the automotive sector, where companies are struggling to clear existing chip inventories before placing new orders.The semiconductor industry has faced challenges over the past year, with demand fluctuations affecting m

Nine months after the formation of the NDA government in Andhra Pradesh, the state is showing a strong economic turnaround. The latest fiscal survey presented in the Assembly highlights that Andhra Pradesh has recorded a 12.94% growth in fiscal management, a clear indication of recovery from the previous administration’s economic downturn. The progress is primarily driven by agriculture, industrial development, and energy production, reflecting the effectiveness of new policies focused

The Houston Livestock Show and Rodeo is one of Texas’ most anticipated events, offering an exciting mix of live music, rodeo competitions, and mouthwatering food. While the experience itself is unforgettable, many attendees find themselves wondering what to wear. A great rodeo outfit doesn’t have to come with a high price tag. With a few smart shopping strategies and budget-friendly finds, you can put together a stylish and comfortable look without b

The National Oceanic and Atmospheric Administration (NOAA) has laid off hundreds of weather forecasters and federal employees, a move that has sparked widespread concern over public safety, disaster preparedness, and the future of extreme weather warnings in the U.S.. The job cuts primarily targeted probationary employees, including those working in National Weather Service (NWS) offices nationwide, where meteorologists provide crucial local forecasts and severe weather alerts.  

The Andhra Pradesh government, led by Chief Minister Chandrababu Naidu, has presented a record-breaking budget for the financial year 2025-26. With an overall outlay of ₹3.22 lakh crore, this is the first time in the state's history that the budget has surpassed the ₹3 lakh crore mark. Finance Minister Payyavula Keshav introduced the budget in the Andhra Pradesh assembly, outlining major allocations aimed at boosting welfare programs, infrastructure, agriculture, and social developmen

The Union Budget 2025 has brought a major tax relief for the middle class, with Finance Minister Nirmala Sitharaman announcing that individuals earning up to ₹12 lakh annually will have zero tax liability under the new tax regime. Additionally, salaried individuals can claim a standard deduction of ₹75,000, effectively making income up to ₹12.75 lakh tax-free. This move is aimed at simplifying tax compliance and increasing disposable income for millions of taxpayers.  

The Trump administration has taken a dramatic step in reshaping U.S. foreign aid by terminating 2,000 employees from the U.S. Agency for International Development while placing thousands more on administrative leave around the globe. Following a ruling by a federal judge, the decision affects both domestic and international USAID staff, leaving only those designated as essential for mission-critical functions, leadership, or specific programs in active service. As of 11:59 p.m. EST on

The Reserve Bank of India (RBI), in its latest bulletin released on February 19, stated that the tax cuts in the Union Budget 2025, along with moderating inflation, are expected to provide financial relief to the middle class and boost overall household spending. This announcement comes after the February Monetary Policy Committee (MPC) meeting, where the newly appointed RBI Governor, Sanjay Malhotra, emphasized the positive economic impact of the tax relief measur

The Department of Government Efficiency, known as the DOGE initiative, was introduced to streamline government spending by reducing the number of federal employees and eliminating programs that do not align with President Trump's policies. The initiative was presented as a necessary response to the growing $36 trillion national debt. One of its first major actions was the removal of Diversity, Equity, and Inclusion programs, a move that has been met with both support and criticism. While

Indian stock markets experienced a significant fall in early trade on Monday, even though the Reserve Bank of India (RBI) announced a rate cut and the Bharatiya Janata Party (BJP) emerged victorious in the Delhi Assembly elections. The benchmark indices opened lower and continued to decline amid growing selling pressure. The BSE Sensex lost over 600 points, while the NSE Nifty dropped nearly 200 points.   The Sensex hit a low of 77,189.04, down from the previous session&

The Union Budget 2025 has introduced significant changes to the income tax regime, offering relief to middle-class taxpayers. Finance Minister Nirmala Sitharaman proposed raising the basic exemption limit to Rs 4 lakh and increased the income threshold for the rebate under Section 87A to Rs 12 lakh. This means individuals earning up to Rs 12 lakh, with a standard deduction of Rs 75,000, can avoid paying taxes altogether. But for those earning more than Rs 12.75 lakh, choosing between the old

The Union Budget 2025 introduced a significant revision to the income tax exemption limit, raising it to ₹12 lakh. This change has sparked expectations of increased consumer spending, particularly in sectors such as automobiles and fast-moving consumer goods. With more disposable income available to middle-class taxpayers, the automotive industry is poised to see shifts in demand, with varying effects across vehicle segments. Analysts believe that while this tax policy revision may drive ov