Fixed deposits have long been considered a safe and reliable investment option in India, particularly among conservative investors. However, declining interest rates and rising inflation have made it increasingly difficult for FDs to offer returns that outpace the rising cost of living. With the Reserve Bank of India (RBI) reducing the repo rate, banks have responded by lowering FD rates, prompting investors to explore other options that provide higher returns while maintaining financial secu

Nine months after the formation of the NDA government in Andhra Pradesh, the state is showing a strong economic turnaround. The latest fiscal survey presented in the Assembly highlights that Andhra Pradesh has recorded a 12.94% growth in fiscal management, a clear indication of recovery from the previous administration’s economic downturn. The progress is primarily driven by agriculture, industrial development, and energy production, reflecting the effectiveness of new policies focused

Apple CEO Tim Cook has sparked excitement among tech enthusiasts with a cryptic teaser hinting at the launch of a new MacBook Air. In a post on X (formerly Twitter), Cook shared a short video with the phrase, “There’s something in the air,” along with the caption, “this week.” The phrase echoes Apple’s tagline from the launch of the first MacBook Air in 2008, strongly indicating that a refreshed MacBook Air is on the horizon.  

India continued its unbeaten run in the Champions Trophy 2025, securing a 44-run victory over New Zealand in a low-scoring thriller. With Varun Chakravarthy’s five-wicket haul leading the charge, India’s spinners showcased their strength, defending a total of 249/9. Despite a resilient innings by Kane Williamson, New Zealand struggled against India’s well-coordinated spin attack, failing to chase the target.The win marked India’s third consecutive victory in the league

Choosing the right tax regime is an important decision for taxpayers in India. The old and new tax regimes offer different benefits, and individuals must carefully analyze their financial situation before selecting the most suitable option. While salaried employees have the flexibility to switch every year, business professionals have a more restricted choice.The decision between the two regimes depends on factors such as tax-saving investments, exemptions, and deductions. Understanding these

  Fire Destroys Buildings on Vosseller Avenue, Causes Road Closures and Displaces Families A massive fire erupted on Vosseller Avenue late Friday morning, severely damaging multiple buildings and forcing the evacuation of several residents. The fire, which started around 10:30 a.m. between two structures, prompted an immediate emergency response as flames quickly spread.

The Union Budget 2025 has brought a major tax relief for the middle class, with Finance Minister Nirmala Sitharaman announcing that individuals earning up to ₹12 lakh annually will have zero tax liability under the new tax regime. Additionally, salaried individuals can claim a standard deduction of ₹75,000, effectively making income up to ₹12.75 lakh tax-free. This move is aimed at simplifying tax compliance and increasing disposable income for millions of taxpayers.  

  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

The Reserve Bank of India (RBI), in its latest bulletin released on February 19, stated that the tax cuts in the Union Budget 2025, along with moderating inflation, are expected to provide financial relief to the middle class and boost overall household spending. This announcement comes after the February Monetary Policy Committee (MPC) meeting, where the newly appointed RBI Governor, Sanjay Malhotra, emphasized the positive economic impact of the tax relief measur

  A powerful gas explosion rocked a multi-use building in Perth Amboy, New Jersey, on Thursday afternoon, leaving one person injured and several others displaced. The blast, which occurred at a juice bar located at 232 Hall Avenue, sent debris flying, shattered windows, and ignited a fire within the establishment. Emergency responders quickly arrived at the scene to control the fire and secure the area.

Former Andhra Pradesh Chief Minister and YSRCP leader YS Jagan Mohan Reddy’s visit to Guntur Mirchi Yard has stirred a political debate, with accusations of violating the election code ahead of the MLC elections. The Election Commission had reportedly denied permission for the interaction, but Jagan and his party leaders proceeded with the visit, drawing attention to what they claim is the AP government’s failure to ensure fair prices for chilli farmers.Jagan, accompanied by a l

Babar Azam, the Pakistan cricket team captain, has achieved a significant milestone during the final of the ODI tri-series against New Zealand at the National Stadium on Friday. He became the joint-fastest batter to reach 6,000 runs in One Day Internationals (ODIs), matching the record set by South African legend Hashim Amla, who also reached the mark in 123 innings.Babar’s achievement not only made him the joint-fastest to this landmark, but he also became the fastest Asian batter to s

On Monday, the Germany Women’s Hockey Team arrived at Biju Patnaik International Airport in Bhubaneswar, India, for their upcoming FIH Hockey Pro League 2024/25 matches. The team, led by co-captains Linnea Wiedemann and Sarah Strauss, will face Spain on February 15 and 16, followed by a crucial matchup against hosts India on February 21 and 22 at the Kalinga Stadium. After finishing as runners-up in last season’s Pro League behind the Netherlands, Germany has struggled for form th

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&

The Reserve Bank of India (RBI) announced a 25 basis points cut in the benchmark interest rate, marking its first reduction in five years. The decision, led by Governor Sanjay Malhotra, aims to boost economic activity but was met with mixed reactions from investors. Despite expectations of a rate cut, the market remained cautious as the RBI maintained a neutral stance without introducing additional liquidity measures. Foreign Institutional Investors (FIIs) continued outflows amid concerns ove

The Union Budget 2025 has introduced significant changes to the income tax regime, offering relief to middle-class taxpayers. Finance Minister Nirmala Sitharaman proposed raising the basic exemption limit to Rs 4 lakh and increased the income threshold for the rebate under Section 87A to Rs 12 lakh. This means individuals earning up to Rs 12 lakh, with a standard deduction of Rs 75,000, can avoid paying taxes altogether. But for those earning more than Rs 12.75 lakh, choosing between the old

The Reserve Bank of India (RBI) is inviting applications for the position of Medical Consultant (MC) on a contract basis. This is an excellent opportunity for qualified medical professionals to work with RBI. The last date to apply is February 14, 2025, at 4:40 pm.   Vacancy Details: The recruitment is for medical professionals with an MBBS degree, with a preference for those having postgraduate qualifications in General Medicine and at least two years o

On Wednesday, the Joint Parliamentary Committee (JPC) led by Jagdambika Pal adopted the draft report and the amended Waqf (Amendment) Bill, 2024. The committee's report, which includes significant revisions to the bill, will be tabled in Parliament on Monday as part of the ongoing Budget Session. The amendments to the bill are aimed at ensuring the benefits of Waqf properties reach marginalized groups, such as the poor, women, and orphans. This inclusion marks a major development in the b

Projected Economic Growth India’s economy is expected to grow between 6.3% to 6.8% in the financial year 2025-26 (FY26). This forecast comes from the Economic Survey 2024-25 presented by Finance Minister Nirmala Sitharaman in Parliament. Economic Fundamentals The survey highlights that the

The Telangana government has initiated the construction of a new Osmania Hospital, aimed at addressing both the current and future healthcare needs of the state. The foundation stone ceremony for the hospital is scheduled for today at Gosha Mahal, with Chief Minister Revanth Reddy presiding over the event. Deputy CM Bhatti Vikramarka and several other ministers and MLAs will also attend the groundbreaking ceremony. This project is a priority for the Congress government, which has committed to