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Renowned American restaurant chain Hooters of America has filed for bankruptcy protection in Texas as part of a major restructuring effort aimed at addressing its mounting debt of $US376 million (approximately $601 million AUD). The company announced that it will transfer ownership of its company-operated restaurant locations to a group backed by the original founders of the brand, with the aim of strengthening its financial future. Despite the bankruptcy filing, Hooters has confirmed that it
Renowned American restaurant chain Hooters of America has filed for bankruptcy protection in Texas as part of a major restructuring effort aimed at addressing its mounting debt of $US376 million (approximately $601 million AUD). The company announced that it will transfer ownership of its company-operated restaurant locations to a group backed by the original founders of the brand, with the aim of strengthening its financial future. Despite the bankruptcy filing, Hooters has confirmed that it
The Union Cabinet, chaired by Prime Minister Narendra Modi, has sanctioned a 2% hike in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners. The decision, announced on March 28, 2025, will benefit more than one crore individuals, including both current employees and retired personnel drawing pensions from the central government. This hike, though modest compared to previous years, will be implemented retrospectively from January 1, 2025. As a resul
The Union Cabinet, chaired by Prime Minister Narendra Modi, has sanctioned a 2% hike in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners. The decision, announced on March 28, 2025, will benefit more than one crore individuals, including both current employees and retired personnel drawing pensions from the central government. This hike, though modest compared to previous years, will be implemented retrospectively from January 1, 2025. As a resul
In India, banking services are designed to offer convenience—but they often come at a price. From ATM withdrawals to fund transfers and cheque issuance, nearly every service comes with associated costs. While some fees are minimal, others can add up over time, impacting your personal or business finances. Whether you're managing a savings account or operating a business with a current account, understanding standard banking charges is essential for smarter financial planning. Bank f
In India, banking services are designed to offer convenience—but they often come at a price. From ATM withdrawals to fund transfers and cheque issuance, nearly every service comes with associated costs. While some fees are minimal, others can add up over time, impacting your personal or business finances. Whether you're managing a savings account or operating a business with a current account, understanding standard banking charges is essential for smarter financial planning. Bank f
Roshni Nadar Malhotra, the chairperson of HCL Technologies, has made history by becoming the first Indian woman to break into the top 10 of the Hurun Global Rich List 2025. With a staggering estimated net worth of ₹3.5 lakh crore, she now ranks fifth among the world’s wealthiest women, marking a major milestone for Indian business leadership. Her leap in the rankings follows a significant transfer of ownership from her father, Sh
Roshni Nadar Malhotra, the chairperson of HCL Technologies, has made history by becoming the first Indian woman to break into the top 10 of the Hurun Global Rich List 2025. With a staggering estimated net worth of ₹3.5 lakh crore, she now ranks fifth among the world’s wealthiest women, marking a major milestone for Indian business leadership. Her leap in the rankings follows a significant transfer of ownership from her father, Sh
The Kremlin stated on Wednesday that it would not activate the recently negotiated Black Sea maritime security agreement until a series of longstanding conditions—most of them tied to earlier unmet commitments—are fulfilled. This development comes in the wake of a US-led effort to bring about a ceasefire between Russia and Ukraine in the Black Sea and halt attacks on critical energy infrastructure. On Tuesday, the United States announced that it had reached separate agreements wit
The Kremlin stated on Wednesday that it would not activate the recently negotiated Black Sea maritime security agreement until a series of longstanding conditions—most of them tied to earlier unmet commitments—are fulfilled. This development comes in the wake of a US-led effort to bring about a ceasefire between Russia and Ukraine in the Black Sea and halt attacks on critical energy infrastructure. On Tuesday, the United States announced that it had reached separate agreements wit
Volkswagen is currently facing a major legal challenge in India after the Indian government refused to cancel a $1.4 billion tax bill imposed on the carmaker. The government argued in the Bombay High Court that overturning the tax demand would set a dangerous precedent, warning that such a move could have catastrophic consequences. Officials claimed that doing so might encourage other companies to withhold critical information and deliberately delay tax inquiries, ultimately exploiting legal
Volkswagen is currently facing a major legal challenge in India after the Indian government refused to cancel a $1.4 billion tax bill imposed on the carmaker. The government argued in the Bombay High Court that overturning the tax demand would set a dangerous precedent, warning that such a move could have catastrophic consequences. Officials claimed that doing so might encourage other companies to withhold critical information and deliberately delay tax inquiries, ultimately exploiting legal
Kumar Mangalam Birla, the esteemed chairman of the Aditya Birla Group, has been recognized with the prestigious Business Icon of the Year Award at the Business Today - PwC India's Best CEO Awards. This recognition highlights his outstanding contribution to transforming the Indian conglomerate into a global business powerhouse with operations across 40 countries.
After assuming leadership at just 28 following his father’s untimely demise in 1995, Kumar Mangalam Birla s
Kumar Mangalam Birla, the esteemed chairman of the Aditya Birla Group, has been recognized with the prestigious Business Icon of the Year Award at the Business Today - PwC India's Best CEO Awards. This recognition highlights his outstanding contribution to transforming the Indian conglomerate into a global business powerhouse with operations across 40 countries.
After assuming leadership at just 28 following his father’s untimely demise in 1995, Kumar Mangalam Birla s
The Board of Control for Cricket in India (BCCI) has announced a generous Rs 58 crore prize money for the Indian cricket team following their triumphant victory in the ICC Champions Trophy 2025. On March 9, under the leadership of Rohit Sharma, Team India defeated New Zealand by four wickets in the thrilling final held at the Dubai International Cricket Stadium. This victory marked India's third Champions Trophy title, following their previous triumphs in 2002 and 2013. The win further ce
The Board of Control for Cricket in India (BCCI) has announced a generous Rs 58 crore prize money for the Indian cricket team following their triumphant victory in the ICC Champions Trophy 2025. On March 9, under the leadership of Rohit Sharma, Team India defeated New Zealand by four wickets in the thrilling final held at the Dubai International Cricket Stadium. This victory marked India's third Champions Trophy title, following their previous triumphs in 2002 and 2013. The win further ce
US President Donald Trump has announced that his administration will impose reciprocal tariffs on Indian goods starting April 2, a move that has reignited tensions between the two countries over trade policies. Speaking to Breitbart News, Trump expressed frustration with what he described as India's excessively high tariffs on American products. During the interview, President Trump emphasized that while he maintains a "very good relationship" with In
US President Donald Trump has announced that his administration will impose reciprocal tariffs on Indian goods starting April 2, a move that has reignited tensions between the two countries over trade policies. Speaking to Breitbart News, Trump expressed frustration with what he described as India's excessively high tariffs on American products. During the interview, President Trump emphasized that while he maintains a "very good relationship" with In
China has welcomed Prime Minister Narendra Modi’s recent remarks advocating dialogue over discord in India-China relations, calling them "positive" and a step toward strengthening diplomatic ties. Beijing emphasized that cooperation between the two Asian giants — likened to the 'Dragon-Elephant Dance' — is the most effective path to shared success. In a statement on Monday, Chinese Foreign Ministry spokesperson Mao Ning highlighted that both sides have acti
China has welcomed Prime Minister Narendra Modi’s recent remarks advocating dialogue over discord in India-China relations, calling them "positive" and a step toward strengthening diplomatic ties. Beijing emphasized that cooperation between the two Asian giants — likened to the 'Dragon-Elephant Dance' — is the most effective path to shared success. In a statement on Monday, Chinese Foreign Ministry spokesperson Mao Ning highlighted that both sides have acti
Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear
Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear
In a spectacular display of cricketing excellence, India Masters claimed the inaugural International Masters League (IML) 2025 title by defeating West Indies Masters by six wickets in the grand finale held at the SVNS International Stadium. The thrilling match, played before a roaring crowd of nearly 50,000 fans, saw Sachin Tendulkar lead his side to a memorable victory. The IML final was a nostalgic treat for cricket lovers as it revived the magic of cricket's golden era. India Masters d
In a spectacular display of cricketing excellence, India Masters claimed the inaugural International Masters League (IML) 2025 title by defeating West Indies Masters by six wickets in the grand finale held at the SVNS International Stadium. The thrilling match, played before a roaring crowd of nearly 50,000 fans, saw Sachin Tendulkar lead his side to a memorable victory. The IML final was a nostalgic treat for cricket lovers as it revived the magic of cricket's golden era. India Masters d
Tulsi Gabbard, the US Director of National Intelligence (DNI), emphasized the growing strength of US-India relations during her visit to New Delhi. In an exclusive interview with NDTV, Gabbard highlighted the close ties between Prime Minister Narendra Modi and President Donald Trump, underscoring their shared commitment to defeating Islamic terrorism and ensuring global security. “The ties between the US and India go very far back,” Gabbard stated. “In Trump's second ter
Tulsi Gabbard, the US Director of National Intelligence (DNI), emphasized the growing strength of US-India relations during her visit to New Delhi. In an exclusive interview with NDTV, Gabbard highlighted the close ties between Prime Minister Narendra Modi and President Donald Trump, underscoring their shared commitment to defeating Islamic terrorism and ensuring global security. “The ties between the US and India go very far back,” Gabbard stated. “In Trump's second ter
The United States is set to impose reciprocal tariffs starting April 2, raising concerns about potential disruptions to Indian exports. While traders remain uneasy about the impact on export-driven sectors, a report by SBI Research suggests that India's economy is resilient enough to withstand these changes with minimal consequences. According to SBI Research, the newly imposed US tariffs are projected to result in only a 3-3.5% decline in Indian exports. Despite the tariff hike, India&rs
The United States is set to impose reciprocal tariffs starting April 2, raising concerns about potential disruptions to Indian exports. While traders remain uneasy about the impact on export-driven sectors, a report by SBI Research suggests that India's economy is resilient enough to withstand these changes with minimal consequences. According to SBI Research, the newly imposed US tariffs are projected to result in only a 3-3.5% decline in Indian exports. Despite the tariff hike, India&rs
India has strongly rejected Pakistan's recent accusations of "sponsoring terrorism," following Islamabad's attempt to blame New Delhi for backing terror activities. The statement came in response to Pakistan's allegations linked to the recent Balochistan train attack, which claimed the lives of 21 passengers. However, Pakistan stopped short of directly linking India to the attack, instead shifting blame toward Afghanistan. In a firm response, Randhir Jaiswal, spokesperso
India has strongly rejected Pakistan's recent accusations of "sponsoring terrorism," following Islamabad's attempt to blame New Delhi for backing terror activities. The statement came in response to Pakistan's allegations linked to the recent Balochistan train attack, which claimed the lives of 21 passengers. However, Pakistan stopped short of directly linking India to the attack, instead shifting blame toward Afghanistan. In a firm response, Randhir Jaiswal, spokesperso
Renowned Indian film actor and social influencer Chiranjeevi is set to receive a prestigious honour from the UK Parliament for his outstanding contributions to cinema, public service, and philanthropy. This prestigious recognition marks a significant milestone in his illustrious career. The event will take place on March 19, 2025, at the House of Commons in the United Kingdom, where Chiranjeevi will be felicitated in the presence of distinguished members of the UK Parliament. The honour will
Renowned Indian film actor and social influencer Chiranjeevi is set to receive a prestigious honour from the UK Parliament for his outstanding contributions to cinema, public service, and philanthropy. This prestigious recognition marks a significant milestone in his illustrious career. The event will take place on March 19, 2025, at the House of Commons in the United Kingdom, where Chiranjeevi will be felicitated in the presence of distinguished members of the UK Parliament. The honour will
The "Boycott USA" movement is gaining momentum globally in response to Donald Trump's tariffs imposed on Canada, Mexico, and China, which have ignited trade wars and fueled resentment towards American goods. The backlash, which has been rapidly spreading across social media platforms, reflects growing dissatisfaction with Trump's economic policies and international relations. In the past week alone, Google searches for “Boycott USA” have surged, with European cou
The "Boycott USA" movement is gaining momentum globally in response to Donald Trump's tariffs imposed on Canada, Mexico, and China, which have ignited trade wars and fueled resentment towards American goods. The backlash, which has been rapidly spreading across social media platforms, reflects growing dissatisfaction with Trump's economic policies and international relations. In the past week alone, Google searches for “Boycott USA” have surged, with European cou
Rohit Sharma, India's celebrated cricket captain, has cleared the air regarding his future in international cricket. Following the Champions Trophy 2025, where speculation about his retirement intensified, Rohit firmly addressed the rumors by confirming that he is not retiring from ODI cricket. His statement, delivered in his signature calm and composed manner, reassured fans and silenced gossip surrounding his career. Speaking after the Champions Trophy 2025 final, Rohit stated, "I
Rohit Sharma, India's celebrated cricket captain, has cleared the air regarding his future in international cricket. Following the Champions Trophy 2025, where speculation about his retirement intensified, Rohit firmly addressed the rumors by confirming that he is not retiring from ODI cricket. His statement, delivered in his signature calm and composed manner, reassured fans and silenced gossip surrounding his career. Speaking after the Champions Trophy 2025 final, Rohit stated, "I
The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making
The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making
Starting April 1, 2025, taxpayers can begin filing their Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26. Employers will provide Form 16 to salaried employees, which plays a crucial role in filing ITR by summarizing salary details, Tax Deducted at Source (TDS), and other tax-related information for the Financial Year (FY) 2024-25. Understanding Form 16, its contents, and its significance can help taxpayers ensure a smooth and error-free filing process.
Starting April 1, 2025, taxpayers can begin filing their Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26. Employers will provide Form 16 to salaried employees, which plays a crucial role in filing ITR by summarizing salary details, Tax Deducted at Source (TDS), and other tax-related information for the Financial Year (FY) 2024-25. Understanding Form 16, its contents, and its significance can help taxpayers ensure a smooth and error-free filing process.
