Between April and November 2024, the Indian government dispersed Rs 3.08 lakh crore in income tax refunds, reflecting a significant 46% increase compared to the same period last year. As of November 22, about 98.35% of Income Tax Returns (ITRs) filed have been e-verified, with a record-breaking 69.93 lakh ITRs submitted on a single day, July 31. The total number of ITRs filed by November 22 stands at 8.50 crore, a 7.32% increase from the previous year. The introduction of innovation

As India prepares for the Union Budget of 2025-26, the finance ministry has highlighted the need for flexibility in fiscal policy, given the ongoing global economic and geopolitical challenges. While the fiscal deficit for FY26 is expected to be below 4.5% of GDP, there are concerns over the ability to accurately project receipts and expenditures in the current uncertain environment. The global situation has worsened, with escalating conflicts, further complicating fiscal planning.

In 2024, immunity-boosting drinks became a popular choice for people seeking natural remedies to strengthen their immune systems amidst health challenges and environmental concerns. These drinks, rich in herbs, fruits, and other natural ingredients, have gained prominence for their health benefits. Here's a look at the top immunity-boosting drinks of the year, one for each month, providing a seasonal and holistic approach to wellness. January: Golden Turmer

The year 2024 has been a remarkable one for Indian sports, with several athletes bringing laurels to the country, including India's T20 World Cup win and Manu Bhaker's double medal victory at the Paris Olympics. The Indian government has revealed the nominees for the prestigious Major Dhyan Chand Khel Ratna Award, India's highest sporting honor. Among the nominees are Harmanpreet Singh, captain of the Indian men's hockey team, who led the team to a bronze medal at th

The upcoming World Economic Forum Summit in Davos, set to begin on January 20, 2024, will witness the attendance of the Chief Ministers of the Telugu states—Chandrababu Naidu from Andhra Pradesh and Revanth Reddy from Telangana. Although this will not be a formal bilateral meeting between the two leaders, both are attending the summit in their individual capacities, and it’s expected that their presence could lead to informal discussions on the post-bifurcation issues between the

The Institute of Chartered Accountants of India (ICAI) is expected to release the results for the CA Final exam by the end of December. An official from ICAI, Dhiraj Khandelwal, announced on X (formerly Twitter) that the likely release date for the results is December 26, 2024, with the results expected to be available by the evening. Once released, candidates who appeared for the exam can check their results on the official ICAI website by logging in with their credentials. The CA

India and Pakistan have reached an agreement to play their upcoming ICC tournament matches at neutral venues, following a dispute over the 2025 ICC Men's Champions Trophy, which was originally set to be hosted by Pakistan. The decision was made after India refused to send its team to Pakistan, citing security concerns and political tensions between the two countries. The International Cricket Council (ICC) confirmed that matches involving both nations during the 2024-2027 cycle will take

In a dazzling celebration of beauty and talent, Caitlin Sandra Neil, a 19-year-old Chennai-born Indian American teenager, was crowned Miss India USA 2024 at the annual pageant held in New Jersey. Caitlin, who is a second-year student at the University of California, Davis, expressed her desire to leave a lasting, positive impact on her community, with a strong focus on women's empowerment and literacy. Having lived in the United States for the past 14 years, Caitlin's journe

A shocking revelation from the Financial Times has disclosed that ousted Syrian President Bashar al-Assad's regime airlifted around $250 million to Moscow between 2018 and 2019. The cash, including nearly two tonnes of $100 bills and €500 notes, was flown to Moscow’s Vnukovo airport and deposited in Russian banks under sanctions. This move was part of Assad's efforts to bypass Western sanctions that isolated Syria from the global financial system. During this time,

The aftermath of the YSR Congress' landslide defeat in the 2024 general election has left the party in turmoil, with many senior leaders defecting. Prominent figures like Alla Nani, Breda Mastan, Avanti Srinivas, and Grandhi Srinivas have already parted ways with Jagan Mohan Reddy’s leadership, signaling the party’s deepening crisis. Adding to the woes, seasoned Andhra Pradesh politician and former Congress MLA Gone Prakash Rao has claimed that 4-5 more MLAs are likely to leav

Indian Grandmaster D Gukesh made history on Thursday by becoming the youngest world chess champion at the age of 18. He triumphed over the reigning title-holder, Ding Liren of China, in the 14th and final game of their thrilling showdown in Singapore. Gukesh secured the necessary 7.5 points, edging out Liren, who scored 6.5 points, after winning the last classical time control game, which had seemed destined for a draw for most of the match. Before Gukesh, the title of the youngest

Gold has experienced a remarkable rise in 2024, reaching 40 new record highs year-to-date and appreciating by over 28%. According to the World Gold Council (WGC), this surge has made gold the best-performing asset class globally, surpassing US stocks, emerging market stocks, US bonds, and even US currency. In the third quarter of 2024, gold demand exceeded $100 billion for the first time, showcasing its robust market position. Looking ahead to 2025, the direction of the US Federal R

India's inflation rate, based on the Consumer Price Index (CPI), moderated to 5.48% in November, down from 6.21% in October, according to the Ministry of Statistics and Programme Implementation. This easing, however, is still above the Reserve Bank of India's (RBI) target of 4%, with food prices continuing to drive inflationary pressure. The food inflation rate surged by 9.04%, continuing its trend of high costs. Economists had forecast a median inflation estimate of 5.5% fo

Indian Grandmaster D Gukesh is set to make history in the World Chess Championship as he nears a potential victory over China's Ding Liren. The series is tied at 6-6 after 12 intense games, and with a dramatic Game 13 that ended in a draw, Gukesh now has a final chance to clinch the title. This pivotal game, scheduled for Thursday, marks the culmination of years of hard work and determination for the young chess prodigy. Born in Chennai on May 29, 2006, D Gukesh began playing ch

Venkatesh Iyer's Surprising Academic Pursuit Venkatesh Iyer, the talented all-rounder who made headlines with his hefty price tag of Rs 23.75 crore at the IPL 2024 mega auctions, is not just focused on his cricketing career. Despite his high-profile presence in the sport, Iyer is also pursuing a PhD and is on his way to becoming Dr. Venkatesh Iyer. His decision to continue his academic journey after his cricket career shows his commitment to education. Iyer even joked about his aca

Sanjay Malhotra, a 1990-batch IAS officer from Rajasthan, has been appointed as the 26th Governor of the Reserve Bank of India (RBI), succeeding Shaktikanta Das. The government announced that Malhotra will take charge from Wednesday for a term of three years. With a background in computer science from IIT Kanpur and a Master's in Public Policy from Princeton University, Malhotra has had a distinguished career spanning over three decades in various sectors, including finance, taxation, pow

External Affairs Minister S. Jaishankar, while receiving the 'India First' award at NDTV’s Indian of the Year ceremony, celebrated the crucial role of India's democracy in shaping the country's growth. He emphasized how democracy has brought forward voices from every part of the nation, not just metropolitan cities, giving equal representation to all sections of society. This inclusiveness, he argued, has been pivotal in driving India’s development. He also noted t

The Indian Institute of Management (IIM) Calcutta is expected to release the provisional answer key for the Common Admission Test (CAT) 2024 today. Once available, candidates can visit the official website, iimcat.ac.in, to download the answer key. The objection management window will be open from December 3 at 6 pm to December 5, 2024, at 11:55 pm, allowing candidates to raise any objections. After evaluating the objections, IIM Calcutta will announce the final results, expected by the secon

Krish Arora, a 10-year-old boy from Hounslow, West London, has made headlines by achieving an IQ score of 162, surpassing iconic figures like Albert Einstein and Stephen Hawking. His remarkable intelligence has earned him a spot in Mensa, the world’s most exclusive society for individuals with high IQs. Krish is also set to attend Queen Elizabeth's School, one of the top grammar schools in the UK. In addition to his academic brilliance, Krish excels in music, holding a gra

As of October 2024, the Union government's fiscal deficit for the financial year 2024-25 stands at 46.5% of the total budgetary target, amounting to Rs 7.5 lakh crore. This is in line with the government's fiscal consolidation strategy, which aims to bring down the fiscal deficit to 4.9% of GDP for the year, an improvement from the previous fiscal year's target of 5.6%. The fiscal deficit gap, which represents the difference between government expenditure and revenue, is