In a ruling that could significantly influence the tax liabilities of Non-Resident Indians (NRIs) investing in Indian mutual funds, the Income Tax Appellate Tribunal (ITAT), Mumbai bench, has determined that capital gains earned by NRIs on the redemption of mutual fund units are not taxable in India. This decision was delivered in a case involving a Singapore-based NRI who had declared short-term capital gains from mutual fund investments but claimed exemption under the Double Taxation Avoidance

Ray Dalio, billionaire founder of Bridgewater Associates and one of the world’s most closely followed investors, has issued a stark warning that the United States could be on the verge of something far more severe than a typical recession. His concerns are rooted not in speculation, but in a detailed analysis of macroeconomic trends, fiscal policy decisions, and geopolitical tensions that he believes are combining to create an economic environment that could result in significant long-term

A devastating helicopter crash that claimed six lives in New York has prompted swift action from federal authorities, with the Federal Aviation Administration announcing the immediate shutdown of the operator, New York Helicopter Tours. The decision came just days after a sightseeing helicopter carrying a pilot and a Spanish family of five broke apart midair and plummeted into the Hudson River, leaving no survivors. The crash occurred Thursday during what was intended to b

A quiet Sunday morning in Northwest Austin turned into chaos and devastation after a powerful house explosion shook the Double Spur Loop neighborhood just before noon on April 13. According to the Austin Fire Department, the two-story home was completely leveled by the blast, and the effects of the explosion were felt and seen miles away. Initial emergency calls came in around 11:30 a.m., with witnesses reporting a massive boom and visible smoke plumes. Emergency crews arr

In a tragic discovery over the weekend, the Lewisville Fire Department’s dive team recovered a body from Copperas Branch Lake, located just west of I-35E. According to the Lewisville Police Department, the recovery occurred shortly after 11 a.m. on Sunday. The deceased individual is believed to be the driver involved in a single-vehicle crash that happened early Saturday morning. The incident unfolded around 3:30 a.m. Saturday near the 2900 block of the northbound lanes of I

As immigration concerns and political unpredictability in the United States intensify, Britain—particularly London—is increasingly becoming a preferred destination for not only global travellers and academics but also for vibrant artistic talent. Recent trends highlight a noticeable drop in the number of British citizens traveling to the US, while simultaneously showcasing a surge in visibility and success of Indian-origin actors on the West End stage The drop in Briti

In a sweeping change to US immigration enforcement, a new federal mandate now requires all immigrants—including legal visa holders and permanent residents—to carry valid identification at all times while in the United States. This directive, which came into effect on April 11, has sparked significant discussion among immigrant communities and legal experts, particularly those affected, such as H-1B workers, F-1 student visa holders, and Green Card recipients. The polic

Washington, D.C. comes alive each April with a celebration that merges historical reflection and community pride: Emancipation Day. This uniquely local holiday marks the day in 1862 when slavery was officially abolished in the District of Columbia, preceding the national Emancipation Proclamation by nine months. The significance of this day continues to resonate deeply among D.C. residents, who come together to celebrate the progress made since that turning point in history while acknowledgin

The Reserve Bank of India (RBI) has introduced a new initiative to connect more directly with the public by launching an official WhatsApp channel. This development is part of the central bank’s broader commitment to enhancing public awareness and making important financial and banking information accessible to every citizen, particularly those in rural and semi-urban areas who might not have regular access to official websites or traditional media. The initiative falls under the RBI&rs

 China has indicated a willingness to address India’s rising concerns over a ballooning trade deficit that is projected to touch a record $100 billion in the financial year 2024–25. This development comes as China seeks to offset its economic challenges amid intensifying trade friction with the United States. People familiar with the situation have said that Beijing has informally conveyed its openness to increasing imports from India by reducing tariff and non-tariff barriers,

In yet another setback to India’s rapidly growing digital economy, UPI (Unified Payments Interface) services across the country suffered a major disruption on Saturday morning. This marks the third significant outage in less than a month, severely impacting users and businesses who rely on the platform for quick and seamless financial transactions. Saturday’s outage left countless users stranded, unable to send or receive money through popular UPI-enabled apps such

A roofing company in northern Washington state became the focal point of a major federal immigration enforcement action this week, resulting in the arrest of 37 individuals. The operation took place in Bellingham, a city situated near the Canadian border, where federal agents from U.S. Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) executed a raid at Mt. Baker Roofing’s warehouse early Wednesday morning. The agents, part of ICE’s Home

The State Street Bridge, a key connector in downtown Chicago spanning the Chicago River, is set to close for an extended period beginning later this month due to emergency repair work, according to the Chicago Department of Transportation. Officials have confirmed that the bridge will be entirely shut down to both vehicle and pedestrian traffic starting Monday, April 28. The closure is expected to last through November, significantly impacting daily commutes, pedestrian flow, and downtown traffi

  After over two decades in the health and wellness industry, Modere has officially announced it is closing its operations. The direct-to-consumer brand, which once had a significant presence in markets across North America, Europe, Asia, and Oceania, shared a heartfelt farewell with its community, expressing gratitude for the support and loyalty of its customer base throughout the years. Founded 23 years ago, Modere built its identity around offering clean-label

A recent incident involving two commercial aircraft at Ronald Reagan Washington National Airport has renewed longstanding concerns about the safety and congestion at one of the nation’s busiest and most space-constrained airports. The event, which occurred on a busy Thursday afternoon, involved two American Airlines flights that made contact while taxiing, resulting in damage to at least one aircraft but fortunately causing no injuries. The incident took place around 12:4

  In a major escalation of the ongoing trade conflict between the United States and China, Beijing has announced a significant hike in tariffs on American goods, raising import duties from 84% to 125%. The move, confirmed by the Chinese finance ministry on Friday, is a direct response to recent tariff increases imposed by the U.S. administration. It marks one of the most severe retaliatory actions taken by China in the prolonged dispute that has gripped global markets and resha

The City of Dallas has officially named Justin Ball as the next Chief of Dallas Fire-Rescue (DFR), making him the 18th person to hold the position in the department’s long-standing history. Ball, who has been serving as interim chief since June 2024, was selected from a competitive pool of 32 candidates and is set to formally take over as chief on April 23, 2025. A native of northeast England, Chief Ball brings with him nearly three decades of experience within the Dallas Fire-Rescue De

​Eric Dane, the accomplished actor widely recognized for portraying Dr. Mark Sloan in Grey's Anatomy and Cal Jacobs in HBO's Euphoria, has publicly revealed that he has been diagnosed with amyotrophic lateral sclerosis (ALS), a serious and progressive neurodegenerative disease. At 52 years old, Dane opened up about his condition in a recent interview, emphasizing the support he's receiving from his loved ones during this deeply personal health journey.

Austin Independent School District (AISD) is facing mounting pressure from both performance and leadership crises as parents, students, and community members raise concerns about the future of local campuses. Thursday night’s board meeting revealed deep-seated challenges within the district, including the uncertain status of Dobie Middle School and the sudden resignation of a principal at a renowned all-girls school. One of the most pressing concerns is Dobie Middle School, wh

In the digital-first world of 2025, it’s no surprise that children and teenagers are spending increasing amounts of time on smartphones. Whether it’s chatting with friends, gaming online, or creating content, there’s an app for every social or entertainment need. But with digital connection also comes risk — and not all apps are created equal. As a parent, knowing what apps your kids use is the first step in protecting them from online predators, cyberbullying, and ina