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

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

 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

In a heartfelt effort to ease the burden of rising living costs, a Jersey City gas station will be offering a generous giveaway this weekend that is expected to draw hundreds of locals. Tom Critelli’s Sunoco station, located at 465 Grand Street in Jersey City, is giving away $30 in free gasoline to the first 500 vehicles as part of a special event dubbed “Fueling the Community.” The giveaway will begin promptly at 7:00 a.m. on Saturday, and it will operate on a first-come, firs

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

Treasury Secretary Scott Bessent addressed growing public concern over recent market volatility and its impact on retirement savings, offering reassurances that most Americans approaching retirement are not overly concerned with short-term financial fluctuations. His comments came amid a turbulent week for the U.S. stock market, which experienced significant declines following President Donald Trump's announcement of new tariffs on major trading partners. The administration is facing increas

  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 federal judge has declined a request to block immigration enforcement operations at religious institutions, marking a significant development in the ongoing legal battle over the balance between national immigration policy and religious freedom. The ruling was delivered by U.S. District Judge Dabney Friedrich in Washington, D.C., who determined that the plaintiffs—over two dozen religious organizations representing Christian and Jewish communities—did not demonstrate sufficient gro

A devastating early morning fire ripped through a four-story apartment building on Monticello Avenue in Jersey City, leaving more than 30 residents displaced and prompting an ongoing arson investigation. The fire, which erupted just before 6 a.m. on Wednesday, is believed to have started in the building’s basement, quickly sending heavy smoke through every floor and forcing residents, including children and pets, to flee using fire escapes. The cause of the blaze remains

  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

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

CyberArk (NASDAQ: CYBR), the global leader in identity security, has unveiled a significant innovation designed to secure the future of artificial intelligence in enterprise environments. With the launch of the CyberArk Secure AI Agents Solution, the company is responding to the exponential growth of AI agents—autonomous programs capable of executing complex tasks with little to no human oversight—and the profound identity-centric risks they introduce. The solution is a