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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
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
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
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
A grand jury in Harris County has indicted 38-year-old Lee Mongerson Gilley for capital murder in the death of his wife, Christa Gilley, also 38, whose body was discovered in their home in The Heights neighborhood of Houston on October 7, 2024. Christa was approximately eight weeks pregnant at the time of her death, and the indictment includes charges related to the deaths of both her and the unborn child. According to initial police reports, officers were dispatched to the Gilley residence o
A grand jury in Harris County has indicted 38-year-old Lee Mongerson Gilley for capital murder in the death of his wife, Christa Gilley, also 38, whose body was discovered in their home in The Heights neighborhood of Houston on October 7, 2024. Christa was approximately eight weeks pregnant at the time of her death, and the indictment includes charges related to the deaths of both her and the unborn child. According to initial police reports, officers were dispatched to the Gilley residence o
Amaravati, Andhra Pradesh — The Central Government has disbursed over ₹4,200 crore to Andhra Pradesh for the development of its capital, Amaravati. This follows the release of USD 205 million (approx. ₹1,705 crore) by the World Bank under a major international funding initiative aimed at completing the first phase of the state’s capital development project. A senior government official confirmed that the ₹4,285 crore, transferred on April 1, is part of a comprehensive ₹15,
Amaravati, Andhra Pradesh — The Central Government has disbursed over ₹4,200 crore to Andhra Pradesh for the development of its capital, Amaravati. This follows the release of USD 205 million (approx. ₹1,705 crore) by the World Bank under a major international funding initiative aimed at completing the first phase of the state’s capital development project. A senior government official confirmed that the ₹4,285 crore, transferred on April 1, is part of a comprehensive ₹15,
India is positioning itself to become a global player in the rapidly expanding fields of artificial intelligence (AI) and chip manufacturing. Experts believe the country’s entry into the AI space, akin to the emergence of China’s DeepSeek, will be driven by strategic public-private partnerships within the next 4-5 years. Kunal Bahl, co-founder of Titan Capital and a prominent entrepreneur, emphasized this potential growth in a conversation about India&
India is positioning itself to become a global player in the rapidly expanding fields of artificial intelligence (AI) and chip manufacturing. Experts believe the country’s entry into the AI space, akin to the emergence of China’s DeepSeek, will be driven by strategic public-private partnerships within the next 4-5 years. Kunal Bahl, co-founder of Titan Capital and a prominent entrepreneur, emphasized this potential growth in a conversation about India&
Following India's Champions Trophy 2025 victory, Indian cricket head coach Gautam Gambhir is preparing for a fresh assignment as he gears up to join the India 'A' team ahead of the senior side's tour of England in June. According to reports, Gambhir will become the first-ever Team India head coach to accompany the India 'A' side for an overseas tour, breaking away from the conventional coaching trend. In recent years, the Board of Control for Cricket in India (BCCI) ha
Following India's Champions Trophy 2025 victory, Indian cricket head coach Gautam Gambhir is preparing for a fresh assignment as he gears up to join the India 'A' team ahead of the senior side's tour of England in June. According to reports, Gambhir will become the first-ever Team India head coach to accompany the India 'A' side for an overseas tour, breaking away from the conventional coaching trend. In recent years, the Board of Control for Cricket in India (BCCI) ha
The University of Delhi (DU) has released its official UG Admission 2025 information brochure for the 2025-26 academic session. Students seeking admission to various undergraduate programs at Delhi University must apply based on their performance in the CUET (UG) 2025 examination. Interested candidates can visit the official website — ugadmission.uod.ac.in — for detailed information.
The University of Delhi (DU) has released its official UG Admission 2025 information brochure for the 2025-26 academic session. Students seeking admission to various undergraduate programs at Delhi University must apply based on their performance in the CUET (UG) 2025 examination. Interested candidates can visit the official website — ugadmission.uod.ac.in — for detailed information.
Axar Patel is reportedly set to take over as the captain of Delhi Capitals (DC) for the upcoming 2025 Indian Premier League (IPL) season. This significant decision follows Axar’s remarkable performance in India's 2025 Champions Trophy triumph, where his all-round skills played a pivotal role in securing the prestigious title. Axar Patel stepped in as DC’s captain during IPL 2024 when Rishabh Pant was suspended for one match due to an over-rate offence. Now, with the franchise
Axar Patel is reportedly set to take over as the captain of Delhi Capitals (DC) for the upcoming 2025 Indian Premier League (IPL) season. This significant decision follows Axar’s remarkable performance in India's 2025 Champions Trophy triumph, where his all-round skills played a pivotal role in securing the prestigious title. Axar Patel stepped in as DC’s captain during IPL 2024 when Rishabh Pant was suspended for one match due to an over-rate offence. Now, with the franchise
For years, many Indian startup founders believed that incorporating their businesses in the US or Singapore made it easier to raise venture capital, manage international operations, and plan for exits. However, in 2025, this perception is rapidly changing as more startups recognize the advantages of incorporating in India.Kunal Bahl, co-founder and former CEO of Snapdeal, recently shared insights on why Indian incorporation is now the smartest choice for startups. As per the Hurun Global Unic
For years, many Indian startup founders believed that incorporating their businesses in the US or Singapore made it easier to raise venture capital, manage international operations, and plan for exits. However, in 2025, this perception is rapidly changing as more startups recognize the advantages of incorporating in India.Kunal Bahl, co-founder and former CEO of Snapdeal, recently shared insights on why Indian incorporation is now the smartest choice for startups. As per the Hurun Global Unic
The initial public offering market has entered a phase of stagnation, with no major IPOs launched in the past three weeks. The last significant IPO was Quality Power, which opened for subscription on February 14, 2025. Since then, the primary market has seen a lull, raising concerns about investor sentiment and market conditions.Despite speculation surrounding Tata Capital’s anticipated $11 billion IPO, which is expected to be one of the largest listings of the year, the overall slowdow
The initial public offering market has entered a phase of stagnation, with no major IPOs launched in the past three weeks. The last significant IPO was Quality Power, which opened for subscription on February 14, 2025. Since then, the primary market has seen a lull, raising concerns about investor sentiment and market conditions.Despite speculation surrounding Tata Capital’s anticipated $11 billion IPO, which is expected to be one of the largest listings of the year, the overall slowdow
Aam Aadmi Party (AAP) MLAs were stopped from entering the Delhi Assembly on Thursday after being suspended earlier this week for creating a ruckus in the House. The barricades placed at the entrance road to the Assembly complex prevented them from accessing the premises, further escalating the political standoff between the AAP and BJP in Delhi.Atishi, the Leader of the Opposition in the Delhi Assembly, condemned the move and accused the BJP-led Delhi government of dictatorial tactics. She to
Aam Aadmi Party (AAP) MLAs were stopped from entering the Delhi Assembly on Thursday after being suspended earlier this week for creating a ruckus in the House. The barricades placed at the entrance road to the Assembly complex prevented them from accessing the premises, further escalating the political standoff between the AAP and BJP in Delhi.Atishi, the Leader of the Opposition in the Delhi Assembly, condemned the move and accused the BJP-led Delhi government of dictatorial tactics. She to
India has moved closer to next-generation high-speed transportation with the unveiling of its first hyperloop test track. The project, spearheaded by IIT Madras and funded by the Ministry of Railways, has resulted in the construction of a 422-meter-long hyperloop test facility. The development marks a major leap in India’s transportation sector, with hyperloop technology promising to cut travel times between major cities to mere minutes.With the successful completion of the first test t
India has moved closer to next-generation high-speed transportation with the unveiling of its first hyperloop test track. The project, spearheaded by IIT Madras and funded by the Ministry of Railways, has resulted in the construction of a 422-meter-long hyperloop test facility. The development marks a major leap in India’s transportation sector, with hyperloop technology promising to cut travel times between major cities to mere minutes.With the successful completion of the first test t
An American Airlines flight en route from New York City to New Delhi experienced an unexpected diversion on Sunday afternoon when it landed at Rome’s Leonardo da Vinci International Airport following a security alert. The incident, which has since been labeled as a “non-credible” concern by the airline, underscores the rigorous protocols that govern air travel safety in today’s dynamic security environment.
T
An American Airlines flight en route from New York City to New Delhi experienced an unexpected diversion on Sunday afternoon when it landed at Rome’s Leonardo da Vinci International Airport following a security alert. The incident, which has since been labeled as a “non-credible” concern by the airline, underscores the rigorous protocols that govern air travel safety in today’s dynamic security environment.
T
Bahujan Samaj Party (BSP) chief Mayawati has accused the Congress of acting as the BJP’s "B team" in the recent Delhi Assembly elections, blaming the party for facilitating the BJP’s return to power in the capital after 27 years. In a series of tweets on Friday, she lashed out at Congress leader Rahul Gandhi, who had earlier criticized her for staying away from the opposition-led INDIA bloc.Mayawati claimed that the Congress’s decision t
Bahujan Samaj Party (BSP) chief Mayawati has accused the Congress of acting as the BJP’s "B team" in the recent Delhi Assembly elections, blaming the party for facilitating the BJP’s return to power in the capital after 27 years. In a series of tweets on Friday, she lashed out at Congress leader Rahul Gandhi, who had earlier criticized her for staying away from the opposition-led INDIA bloc.Mayawati claimed that the Congress’s decision t
Former Delhi Chief Minister and AAP leader Atishi has accused the newly formed BJP government of failing to fulfill its pre-election promise of providing a Rs 2,500 monthly allowance to women in its first cabinet meeting. In a video posted on X, she criticized the BJP for allegedly deceiving the women of Delhi.In response, newly appointed Delhi Chief Minister Rekha Gupta dismissed Atishi’s remarks, stating that the new government would operate on its own terms. "It’s our gove
Former Delhi Chief Minister and AAP leader Atishi has accused the newly formed BJP government of failing to fulfill its pre-election promise of providing a Rs 2,500 monthly allowance to women in its first cabinet meeting. In a video posted on X, she criticized the BJP for allegedly deceiving the women of Delhi.In response, newly appointed Delhi Chief Minister Rekha Gupta dismissed Atishi’s remarks, stating that the new government would operate on its own terms. "It’s our gove
Delhi New CM:In a historic political shift, Rekha Gupta was sworn in as the Chief Minister of Delhi in a grand ceremony at the iconic Ramlila Maidan. The event marked the Bharatiya Janata Party’s return to power in the national capital after nearly three decades. Prime Minister Narendra Modi, senior BJP leaders, and Chief Ministers from NDA-ruled states were present to witness the oath-taking ceremony. The event, attended by nearly 30,00
Delhi New CM:In a historic political shift, Rekha Gupta was sworn in as the Chief Minister of Delhi in a grand ceremony at the iconic Ramlila Maidan. The event marked the Bharatiya Janata Party’s return to power in the national capital after nearly three decades. Prime Minister Narendra Modi, senior BJP leaders, and Chief Ministers from NDA-ruled states were present to witness the oath-taking ceremony. The event, attended by nearly 30,00
A significant political development unfolded today in the national capital as the Bharatiya Janata Party (BJP) successfully orchestrated the swearing-in ceremony of Delhi’s new Chief Minister, Rekha Gupta. This event not only marked BJP’s dominance in Delhi but also witnessed key political figures from Andhra Pradesh in attendance. Telugu Desam Party (TDP) chief Chandrababu Naidu and Jana Sena Party (JSP) president Pawan Kalyan were among the special invitees, reinforcing their polit
A significant political development unfolded today in the national capital as the Bharatiya Janata Party (BJP) successfully orchestrated the swearing-in ceremony of Delhi’s new Chief Minister, Rekha Gupta. This event not only marked BJP’s dominance in Delhi but also witnessed key political figures from Andhra Pradesh in attendance. Telugu Desam Party (TDP) chief Chandrababu Naidu and Jana Sena Party (JSP) president Pawan Kalyan were among the special invitees, reinforcing their polit
On Monday morning, February 17, 2025, a magnitude 4.0 earthquake struck Delhi and its surrounding areas, sending shockwaves of panic through the capital. The earthquake, recorded at a depth of five kilometers, had its epicenter near Durgabai Deshmukh College of Special Education in Dhaula Kuan. Several videos circulated online showing the moment the tremors hit, including CCTV footage showing pipes and wires shaking violently.
Despite the tremors lasting only three to
On Monday morning, February 17, 2025, a magnitude 4.0 earthquake struck Delhi and its surrounding areas, sending shockwaves of panic through the capital. The earthquake, recorded at a depth of five kilometers, had its epicenter near Durgabai Deshmukh College of Special Education in Dhaula Kuan. Several videos circulated online showing the moment the tremors hit, including CCTV footage showing pipes and wires shaking violently.
Despite the tremors lasting only three to
It has been two days since the Bharatiya Janata Party (BJP) achieved a massive victory in the Delhi Assembly elections, ending the Aam Aadmi Party’s (AAP) decade-long rule in the capital. Despite the victory, the BJP has yet to announce its Chief Ministerial candidate, leading to speculation and multiple names circulating as potential choices. Among the front-runners is Parvesh Verma, who gained national attention after defeating AAP national convener Arvind Kejriwal in the New Delhi se
It has been two days since the Bharatiya Janata Party (BJP) achieved a massive victory in the Delhi Assembly elections, ending the Aam Aadmi Party’s (AAP) decade-long rule in the capital. Despite the victory, the BJP has yet to announce its Chief Ministerial candidate, leading to speculation and multiple names circulating as potential choices. Among the front-runners is Parvesh Verma, who gained national attention after defeating AAP national convener Arvind Kejriwal in the New Delhi se
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&
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&
