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Received cash, property, or jewellery as a gift? Under the Income Tax Act 2025, gifts exceeding 50,000 in a year are fully taxable, not just the excess amount. Know which gifts are tax-free and how marriage exemptions work.
India, Uzbekistan discuss bilateral ties during foreign minister Jaishankar's Azerbaijan visit
External Affairs Minister S Jaishankar met Uzbek Foreign Minister Bakhtiyor Saidov in Azerbaijans Baku to discuss bilateral issues and stress the timely implementation of agreements reached at the highest level. The meeting follows Prime Minister Narendra Modis August visit to Uzbekistan, during which the two countries upgraded ties to a comprehensive strategic partnership and set a $5 billion bilateral trade target.
An influencer known as Shawty Dred has been arrested in Georgia in connection with a major SNAP fraud case. He is accused of controlling more than 350 fake SNAP accounts created with stolen identities. The alleged fraud resulted in the theft of more than $4 million intended for families in need. New was previously arrested after being accused of selling SNAP benefit cards at a local store.
India's emerging sectors to drive capex, credit demand towards storage, semiconductors: Report
AI, semiconductors and defence is likely to lead the investment pipeline, with indicative public and private investments of around 5.9 lakh crore, 5.27 lakh crore and 5.07 lakh crore, respectively
NFO for the Motilal Oswal Nifty Midcap150 Plus 813 Yr G-Sec 70:30 Index Fund closes on October 26. The fund combines 70% Midcap with 30% Government Securities in one portfolio. Here's all you need to know
Tiger Shroff sells luxury apartment in Mumbais Khar for Rs 9 crore
Bollywood actor Tiger Shroff has sold his 1,291 sq ft luxury apartment in Mumbais Khar West for 9 crore, with the transaction registered on October 22. He had bought the property directly from the developer in July 2018 for 7.61 crore, marking an increase of about 18.3% in its sale price.
The Amazon Pay ICICI Bank Credit Card offers up to 5% cashback for Prime members, 3% for non-Prime members and no joining or annual fee. Check its rewards, charges, eligibility criteria, application requirements and cashback exclusions before applying.
Qazi Touqueer ended all speculations on his lovelife recently. The singer said that he is very loyal to his wife, Ifsa, and said that she was nine years younger, a dentist and a great cook to boot!
Goyal's engagements on October 23 included discussions with senior German government officials, business leaders, research institutions and members of the Indian diaspora
NH-48 traffic jam update: RTR flyover repairs complete, reopening expected Monday
Damage to Delhis Old Rao Tula Ram (RTR) flyover has triggered severe traffic congestion on NH-48, disrupting journeys between Mahipalpur, Dhaula Kuan, Vasant Vihar and the airport. The closure of a key carriageway has pushed motorists towards alternative routes, adding pressure to nearby roads and Delhi Cantonment. The Public Works Department has completed the repair work, and the flyover is expected to reopen on Monday after an inspection. Delhi Traffic Police has advised motorists to use alternative routes, allow extra travel time and call 1095 for assistance.
Nobody Wants This Season 3 is here and fans are wondering about the future of Joanne and Noah. Meanwhile, Morgan and Sasha's relationship faces complications after they initially connect, only to have conflicting feelings hinder their progress. Read on to know what happened in the end.
The Bombay High Court has ruled that EPFO cannot reject eligible private sector employees EPS 95 higher-pension applications solely because their employers PF trust rules cap contributions. It directed EPFO to process and allow the petitioners joint options within eight weeks.
Gold rate today: Gold falls to Rs 1.46 lakh, silver drops to Rs 2.02 lakh per kg
Gold and silver prices fell for the third consecutive session on October 23, 2026. Gold of 99.9% purity declined by Rs 1,900 to Rs 1,46,100 per 10 grams, while silver dropped Rs 5,500 to Rs 2,02,000 per kg.
Johnson & Johnson's prostate cancer drug shrinks tumors in early-stage trial
Johnson & Johnson reported results from an early-stage trial of their prostate cancer drug JNJ-6143. The trial involved patients with advanced prostate cancer who had undergone multiple treatments. Results showed 77% of patients experienced a significant drop in PSA levels after treatment. Additionally, 69% of patients demonstrated confirmed partial or complete tumor response through imaging. Common side effects included nausea and elevated cholesterol levels, with one patient discontinuing treatment.
KEC International bags Rs 2,872 crore PGCIL orders for 765 kV transmission lines
KEC International has secured orders worth 2,872 crore from Power Grid Corporation of India Ltd for 765 kV transmission lines. These contracts involve the design, supply, and installation of the high-voltage lines. The latest wins have contributed to a significant year-to-date order intake surpassing 13,500 crore for the company. This includes a major contribution from the Transmission and Distribution division amounting to 9,500 crore.
CMFRI supply 5 lakh green mussel seeds to coastal fisher-folk in Maharashtra
The initiative aims to translate marine fisheries research into livelihood opportunities by promoting sustainable bivalve farming along the Maharashtra coast
Mohanlal's family vacation home in Ooty, called Hideaway, is now available for guests to book. The property features three bedrooms and it is located in Lovedale, a serene area known for its natural beauty and greenery. Guests can enjoy a unique experience, exploring the villa filled with cinema memorabilia and family touches. Read on!
Calculate gratuity after 10 years of service on 50,000, 1 lakh and 1.5 lakh monthly wages. Understand the gratuity formula, estimated payouts, eligibility rules and payment deadlines under the Code on Social Security, 2020, before planning your finances.
German businesses now see India as manufacturing, R&D and innovation hub: Piyush Goyal
German companies are increasingly viewing India as a strategic manufacturing and innovation hub for the future. During a recent visit, Commerce and Industry Minister Piyush Goyal engaged with major firms about expanding cooperation. The India-EU free trade agreement is set to strengthen trade ties significantly later this year. Indian capabilities in research and development are attracting substantial German investment and workforce expansion.
DP World PGTI, Essar Foundation launch Shri Shashi Ruia Memorial Golf Championship
DP World PGTI and Essar Foundation have launched the Shri Shashi Ruia Memorial Golf Championship, an annual tournament to honour the late Essar Group co-founder and promote professional golf in India. The five-year partnership will run through 2031, with the inaugural edition scheduled at Mumbais Willingdon Sports Club from January 12 to 15, 2027.
Thiruvananthapuram airport to handle 644 weekly air traffic movements in winter
The winter schedule, effective from October 25, 2026, to March 27, 2027, will see weekly domestic air traffic movements increase by 12%, from 294 to 328
Centre beats March 2027 target, issues 11 crore unique farmer IDs under AgriStack
The Indian government has successfully created 11 crore unique Farmer IDs under the AgriStack framework. This achievement was completed ahead of the scheduled deadline, enhancing transparency and efficiency for farmers. Farmers will only need their unique ID to access various government schemes and benefits. Union Agriculture Minister Shivraj Singh Chouhan highlighted the significance of this milestone for Indian agriculture.
India, Russia aim for $100 billion trade by 2030 as Modi, Putin push cooperation
Indian Ambassador Vinay Kumar announced collaboration plans between India and Russia to increase trade significantly. Prime Minister Narendra Modi and President Vladimir Putin have directed efforts toward enhancing mutual investments. India is ready to provide qualified workers to meet Russia's industry requirements by training specialists. The leaders reviewed these plans during their recent meeting at the BRICS summit in New Delhi.
EAAA India Alternatives IPO saw 65.42% of its anchor investor allocation go to domestic mutual funds. SBI Midcap Fund and ICICI Prudential Smallcap Fund received the highest allocations. Heres the complete list of schemes.
Lulu Group email fraud: Kochi City Police have registered a case and launched an investigation into an alleged email impersonation fraud in which unidentified persons posing as representatives of an Italian company cheated Lulu Group of around Rs 1.64 crore. According to the FIR, the fraudsters sent fake invoices and bank details for gaming equipment payments, prompting the group to transfer 150,500 euros to accounts provided by them.
Immortal is an intriguing Tamil romantic horror film starring GV Prakash Kumar and Kayadu Lohar. The storyline is a mix of heartwarming romance with eerie supernatural twists, revolving around a young man's fateful meeting with a mysterious woman. Read on to know when and where to watch the movie online.
Race star Saif Ali Khan recently sold his luxurious Mumbai Bandra West apartment for a whopping Rs 4.11 crore. Have a look at a few of the actors profitable real estate deals
IMD update: Extremely severe rain for Coastal AP as cyclone watch continues
Andhra coast is increasingly in focus, though the time of landfall and area thereof remain uncertain. Isolated very heavy rain is forecast for Tamil Nadu, Kerala, South Interior Karnataka, Lakshadweep.
EPFO: Here's how pensioners can avail the doorstep digital life certificate (DLC) service from India Post to submit their Jeevan Praaman Patra.
Music composer Anirudh Ravichander and Kavya Maran, CEO of Sunrisers Hyderabad, are set to tie the knot in November 2026. Following the destination celebration, a grand reception will be hosted in Chennai. High-profile invitees include political figures like Prime Minister Narendra Modi, Sonia Gandhi, Tamil Nadu CM Vijay and others. Read on!
MHA seeks public opinion on proposed pan-India BB-PPDR communication network
The Ministry of Home Affairs (MHA) has invited public opinion and stakeholder inputs on the proposed network architecture for a dedicated pan-India Broadband Public Protection and Disaster Relief (BB-PPDR) communication system aimed at strengthening communication capabilities among police forces and other public safety agencies across the country.
A foreign traveller has praised India's road network, saying the country now has some of the best roads in the world after completing a journey of more than 2,500 km from Tamil Nadu towards the Himalayas. The drive took him through several states, including Karnataka, Maharashtra, Gujarat and Rajasthan, as India continues to expand its National Highway network.
Kerala Governor Om Prakash Mathur's decision to ban non-vegetarian meals in the Lok Bhavan kitchen has stirred controversy. Congress leader K.C. Venugopal criticized this directive, claiming it violates individual dietary rights. He highlighted Kerala's diverse culinary customs and emphasized the people's freedom to choose their diet. Sources from the Governor's office clarified that the kitchen's restrictions only apply to Mathur's personal meals.
The 8th CPC is consulting employees, pensioners and unions before submitting recommendations on salaries, allowances and benefits by May 2027. Here's what the ToRs state on dearness allowance and why employees are demanding DA merger
Boeing supplier dispute has halted 777 freighter production for two months
Boeing is trying to bring production of the trailing-edge rib kit in-house; the component is used in wing assembly for the 767 and current-generation 777 freighter
DA Hike 2026 UP Government Employees: Latest update, expectations on dearness allowance announcement
Uttar Pradesh government employees are awaiting a DA hike for July 2026 after the state last raised DA from 58% to 60% in May. Recent DA hikes in Himachal Pradesh and Kerala have raised expectations. Here's what you need to know.
India-Germany R&D partnership can boost joint innovation, manufacturing: Piyush Goyal
As per Goyal, India's trade agreements already cover two-thirds of global markets and could extend to 75% of global GDP over the next 12 to 18 months
The EPFO ECR deadline for September 2026 is 31 October. Find out how the revised 25,000 PF wage ceiling affects employee contributions, payroll calculations, mandatory EPF membership and employer compliance requirements.
Gajab Raat ending explained: Who is the mystery girl Arya? Manoj Bajpayees fight against corruption
Gajab Raat is a gripping crime thriller that stars Manoj Bajpayee as a morally compromised police officer in Delhi. His investigation into an injured journalist, Arya Sahni, unveils a sinister plot involving influential figures. With recorded evidence of a planned vaccine shortage for profit, Ajay Nirvit faces a dilemma: protect Arya from political threats while secretly pursuing truth. Read on to find out what happens in the end.
In the teaser, Robert Downey Jrs Dr Doom makes a debut. He is seen threatening the Avengers ominously, saying that they are living stolen lives. The Iron Man star's casting as the antagonist Dr Doom has sparked fan theories if Dr Doom is to be depicted as an alternate version of The Iron Man/Tony Stark, although the producers have neither conformed nor denied the theories.
Meghan Markle has recently voiced her anguish regarding disturbing allegations against her estranged father, Thomas Markle Sr. These serious accusations, including possession of child abuse materials, have been firmly denied by him. Following a 2018 letter sent to British authorities, investigations are currently ongoing. Meghan emphasizes that her choice to shield her children from Thomas Sr. stems from protective instincts.
West Bengal farmers cut area under early potato varieties due to unremunerative price
Currently, truck-loading prices at cold storage gates for the Jyoti potato are ruling at a 500 per quintal, some 100 lower than the same period last year
Sugar industry: The cost of regulation
With millions of farmers dependent on sugarcane and sugar being an essential household commodity, the government must balance farmer incomes, consumer affordability and mill profitability
Why the future of food procurement will be data-driven
The real question is whether that prediction helps farmers earn better, consumers eat better, and the food system wastes less water and soil
A new law of behavioural agri-economics: Why agrarian resilience is biological, not financial
Protecting farming families physical health capital ensures that state investments in seed, power, and credit deliver their intended economic return season after season
DA hikes: From Himachal Pradesh's Diwali increase to Kerala, Telangana, Sikkim, Punjab and Andhra Pradesh announcements Check full list of states that have released dearness allowance hikes this year.
Udta Teer, the latest spy comedy featuring Ayushmann Khurrana and Sara Ali Khan, has hit theaters with an impressive opening of Rs 4.10 crore on its first day. Directed by Akash A Kaushik, the film is generating buzz ever since its release. The weekend box office performance will play a pivotal role in determining its long-term success.
Tiger Woods girlfriend Vanessa Trump is finally cancer free six months after diagnosis
Vanessa Trump revealed her cancer diagnosis on Instagram in May and has recently been declared cancer free. Recent tests showed that she has no signs of cancer, marking a significant moment in her health journey. Vanessa's daughter, Kai Trump, shared the news in a video aimed at raising awareness for breast cancer. Additionally, Vanessa's new partner, Tiger Woods, has been supportive throughout her treatment.
Piyush Goyal emphasized the importance of collaboration between Indian and German research institutes during his visit. He highlighted the potential for co-development and co-innovation under the India-EU free trade agreement. Goyal encouraged the institutes to connect research with industry in order to support manufacturing in India. The minister also mentioned India's extensive trade agreements that will boost global market access.
Will the 8th Pay Commission merge dearness allowance (DA) with basic pay? Here is what the 5th, 6th and 7th Pay Commissions recommended, along with FNPO, Bharat Pensioners Samaj and AIDEFs key demands. Read on to know more.
Ashwini Vaishnaw says India will have its own Indian-designed, manufactured and branded smartphones by October 23, 2028. Here's what the IT Minister revealed about India's plans to build a homegrown smartphone brand and compete in the global mobile phone market.
Akasa Air has announced the extension of its flight suspensions to Jeddah and Riyadh due to rising security concerns. The airline's decision is based on a careful assessment of the prevailing safety environment in Saudi Arabia. Passengers whose flights are affected can choose full refunds or reschedule their trips without extra charges. The Indian government is actively assisting stranded Umrah pilgrims and coordinating their return home.
Volkswagen freezes India EV investment as JSW partnership talks continue
Volkswagen has paused further investment in its India electric-vehicle programme pending greater clarity on a potential partnership with Sajjan Jindals JSW Group. The German automaker has completed preliminary design work using a low-cost EV platform developed for China but awaits a clearer business plan. The pause could delay its India EV push as competition intensifies and affordable electric-car sales accelerate.
During Game 1 of the World Series, Marvel Studios unveiled an exciting sneak peek of Avengers: Doomsday, featuring a lineup of acclaimed actors. The film reunites beloved characters from various Marvel worlds, with Robert Downey Jr. stepping into the role of Doctor Doom. The clip also features Pedro Pascal, Joseph Quinn, and Chris Evans.
Bank holiday today: Public and private lenders, including the State Bank of India, HDFC Bank, ICICI Bank and PNB branches, will be closed on 24 October for fourth Saturday off. Check the full RBI calendar here
Anika Rashaun, known for her role on MTV, died at 34 due to breast cancer this month. Her friend Tiara Ramos announced the news through a heartfelt post highlighting Anika's struggle with cancer. Anika was diagnosed with stage 4 breast cancer last year, a shock considering her lack of high-risk classification. She married Kyle Walker-Rehn on Valentines Day, showcasing her vibrant life until the end.
'We may do another Epic Fury': Trump warns Iran of potential strike if deal not reached
Donald Trump issued a military warning to Iran during a campaign rally, suggesting possible future strikes. He highlighted the importance of diplomatic negotiations, implying that Iran's leadership may not be sufficiently strategic. Trump discussed the US Navy's presence in the Caribbean and noted Senator Marco Rubio's role in diplomacy. Additionally, he announced a federal investment of $250 million to hire new nurses for elder care facilities.
Jailer 2 has achieved a remarkable milestone, surpassing Rs 628 crore in global earnings since its debut. It has outperformed major films like Vijay's Leo and the original Jailer. With substantial revenue from international markets, it's now the second highest-grossing Tamil film. Read on to know how much it earned on day 8.
US Intel warns of threats to American diplomats in West Asia: Report
A recent intelligence report indicates that Iran is intensifying its attacks on American diplomats in the Middle East. The U.S. Department of State has ordered the departure of non-emergency personnel in Saudi Arabia. Security concerns have risen due to Iranian-backed Houthi forces targeting civilian infrastructure in the region. Additionally, President Donald Trump has warned Iran of potential military action if negotiations do not succeed.
Ukrainian negotiator says local humanitarian ceasefire with Russia will start on Tuesday
A ceasefire in the Kherson region of Ukraine will commence to enable humanitarian efforts in Oleshky. Melania Trump has played a crucial role in organizing aid delivery and civilian evacuations. The agreement was reached between Ukrainian, Russian and US negotiators ahead of the mission. Civilians in Oleshky are facing dire conditions with limited food and medical supplies. Safety measures for the mission will include mine clearance and secure evacuation routes.
Nuclear power could more than triple by 2060, UN agency says
Rafael Grossi from the IAEA forecasts that nuclear power usage may more than triple by 2060. This increase will be driven by rising demands for electricity, especially from data centers powered by artificial intelligence. Grossi emphasized the importance of nuclear energy for energy security and its safety compared to other options. He also highlighted concerns regarding nuclear programs in Iran and North Korea, urging diplomatic efforts.
First tanker of Russian diesel sets sail for the US in Trump's controversial deal with Putin
A tanker transporting Russian diesel to the United States has departed, signaling a new import agreement. This deal has raised concerns in Ukraine due to Russia's ongoing invasion. U.S. political figures criticized the agreement as it contravenes existing American laws and may benefit Moscow. Ukrainian President Volodymyr Zelenskyy expressed disappointment over the decision and its potential impacts.
Indians develop a taste for dark chocolate as household demand jumps 45%
Households in India are increasingly purchasing dark chocolate, with a significant rise in demand over recent years. Urban consumers account for the majority of dark chocolate purchases, driven by rising incomes and health awareness. The growth is supported by trends in quick-commerce, making premium products more accessible. Despite its growth, dark chocolate remains a small segment in India's larger confectionery market.
Carlsberg India's revenue dips 2% as sales volumes, market share rise
Carlsberg India reported a 2.3% decline in total income to 8,815 crore in FY26. Despite the revenue drop, net profit rose by 22.1% to 535 crore, surpassing United Breweries' profits. The company's market share improved to 16.2%, maintaining its position as India's third-largest brewer. Carlsberg attributed its profit growth to strong volume increases and enhanced brand performance.
States urged to enforce ban on reuse of single-use medical devices
The Directorate General of Health Services has issued a directive to prohibit the reuse of single-use medical devices. Violations by some private hospitals have raised concerns regarding patient safety and regulatory compliance. The directive specifically targets misuse in high-stakes medical fields such as cardiology and neurosurgery. Monitoring and enforcement of compliance by healthcare establishments have been mandated.
Hunter Biden Laptop case: The case was filed less than two weeks before the November 3 elections via criminal complaint, which means prosecutors have not yet presented the allegations to a grand jury for an indictment.
Uttar Pradesh: Congress seeks over 175 Seats from Samajwadi Party
Congress has approached Samajwadi Party regarding contesting a significant number of seats in Uttar Pradesh. While Congress has proposed 175 to 200 seats, Samajwadi Party considers this demand excessive for the party's strength. Currently, Congress holds only two seats in the UP assembly of 403 members. The leadership of both parties will meet for discussions on seat-sharing arrangements.
'Ilhan Nur Said Elmi': Trump calls for Omars resignation, revives controversial name allegation
Diet Coke, beer makers get 6-month breather as govt extends aluminium can certification deadline
The government has extended the deadline for quality certification of aluminium beverage cans to April 2027. The extension provides manufacturers necessary time to increase production amidst growing demand. Many brands are experiencing supply challenges due to disruptions from the Middle East conflict. The beverage industry had hoped to produce additional cans but fell short of expectations. Consequently, manufacturers are seeking regulatory relief as they attempt to meet rising consumer needs.
Typically, orange peels are thrown directly in the trash. Nonetheless, a girl from South Africa transformed kitchen waste into a solution for water shortages that could spell disaster for farmers. As reported by the BBC, Kiara Nirghin, a South African girl, tested kitchen waste to assess how well it can absorb and hold water.
Commerce minister Piyush Goyal discusses investment avenues with German companies
Piyush Goyal engaged with major German firms like Siemens Healthineers, Bayer, and Fresenius to discuss investments. He highlighted Bayer's plans for expansion and collaboration in India's healthcare ecosystem. Goyal also addressed opportunities for Fresenius to leverage India's talent for healthcare solutions. Furthermore, he explored ways to strengthen Siemens Healthineers' presence in the country. These discussions reflect India's growing relevance in the global healthcare market.
Private sector activity hits four month high in October
India's private sector activity experienced significant growth in October, reaching a four-month high as new orders increased. The HSBC Flash India Composite Purchasing Managers' Index rose to 56.7, signaling expansion. Manufacturing output and new orders remained stable, while services activity saw notable improvement. Employment increased slightly, although firms showed caution in hiring due to adequate staffing levels. International demand contributed to growth, with export orders expanding significantly during this period.
Godrej Properties Q2 Profit Drops 62%, Pre-Sales Down
Godrej Properties reported a significant 62 per cent decline in consolidated net profit to Rs 154.15 crore for the September quarter, primarily due to higher expenses, while its sales bookings also fell by 6 per cent to Rs 8,008 crore.
India to remain strict on quality: Industry minister Piyush Goyal
India's Commerce Minister Piyush Goyal emphasised a strict stance on quality and environmental regulations. He noted that many companies are eager to invest in India across various sectors. Goyal mentioned India's advantages in decarbonisation amidst competition from Europes carbon border adjustment mechanism. Discussions on free trade agreements indicate significant potential for job creation in India.
The Reserve Banks framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.
FSDC stresses on vigilance, reforms amid global uncertainty & AI boom
Finance minister Nirmala Sitharaman led an important session of the Financial Stability and Development Council, focusing on maintaining financial stability amidst looming geopolitical tensions and fluctuating global bond yields. Key topics included fostering a robust domestic investment climate, ensuring effective capital movement for reform, and addressing cybersecurity needs within the financial sector.
Apple has collaborated with The Conservation Fund to revitalise 14,000 acres of coastal redwood forest in California. This ambitious project aims to safeguard ecosystems while benefiting wildlife, enhancing carbon storage, and enriching local communities. It plays a vital role in Apples commitment to achieving carbon neutrality by 2030, as the ongoing monitoring of forest growth is intended to generate carbon credits, aiding in the reduction of emissions.
More bugs out there: PHP2Shell is just the start
For those rushing out the door in the mornings, breakfast can often feel like an insurmountable task. Mumbai nutritionist Vanshika Khurana simplifies this with a delectable savoury yoghurt bowl thats packed with 45g protein and 17 g fibre. Featuring Greek yoghurt, chickpeas, and crisp vegetables, paired with a hint of spices, its a protein-rich solution. Quick sauting and toasted bread make this a swift yet healthy choice for busy days.
Trump admin seeks to block Alaska Senate result if Republicans lose
The US Justice Department is seeking to invalidate Alaska's Senate election results if the Republican incumbent loses next month, in a rare legal move that raises questions about the Trump administration's willingness to accept defeat in the midterms. Democrats have accused the Trump administration of seeking to influence the November vote by expanding federal control over state-run elections and by repeatedly questioning the integrity of election results.
Upper-layer NBFCs must list on stock exchanges: RBI Guv Sanjay Malhotra
His remarks come amid a debate over whether Tata Sons, the holding company of India's largest conglomerate Tata group, is required to go public
In Trappes and La Verriere, a Paris suburban area, a gunman opened fire, killing one person and injuring several others. Authorities suspect the attack to be racially motivated, leading them to classify it as a terrorist crime. A twelve-year-old girl was among the seriously injured, reflecting the attack's random targeting of passersby. The suspect was arrested shortly after the shootings, which happened in under fifteen minutes.
Tata Motors rules out raising Iveco bid, calls 14.40 offer last and final
Tata Motors announced a final offer of 14.40 per share to acquire the Iveco Group. This revised bid came after a delay in regulatory approvals across several countries. The approval from minority shareholders was sought during an extraordinary general meeting. The offer is set to close on October 26, with settlement planned for October 30. Tata Motors plans to complete this acquisition by November, if all conditions are met.
Bombay High Court questions arrest of Schaeffler India chief after fatal factory accident
The Bombay High Court's ruling comes after an incident on June 9, 2026 left two workers dead from to a gas leak. Harsha Gopal Kadam's arrest followed on October 19, with fresh charges leveled against him. The court emphasised a lack of substantial evidence to warrant his continued custody.
The banks bottom line for Q2FY27 was supported by a rise in net interest income, which stood at 4,569 crore as against 4,409 crores a year ago
Government to modify labour survey to capture gig economy, unpaid household workers
Periodic Labour Force Survey will include additional questions to measure labour underutilisation
Strong macro fundamentals, policy interventions to anchor eco against global headwinds: RBI bulletin
Strong macroeconomic fundamentals continue to support the Indian economy against global inflation and trade tensions. Recent geopolitical frictions have resulted in increased prices and supply chain issues, leading to policy changes. Currency fluctuations were observed, but measures by the Reserve Bank helped stabilize the rupee recently. Foreign Direct Investment remains robust, driven by significant inflows from major sources like the US and Singapore.
Bharat Petroleums net profit dips amid volatile crude prices in Q2
Bharat Petroleums revenues spurred 29% whilst net profit declined 22.5% on a year-over-year basis in Q2
On July 29, Karishma Tanna embraced motherhood with the arrival of her first child and has been candid about her postpartum experiences. She openly discussed the physical changes she faced and the struggle for self-acceptance following childbirth. Tanna expressed feelings of being overwhelmed with shopping and reevaluating her personal expectations, highlighting the necessity of patience in healing her body during this change.
Govt to fund 50% of deepwater exploration costs under Rs 84,084 crore Samudra Manthan scheme
The Indian government will provide financial support under the Samudra Manthan scheme for deepwater drilling activities. Recently issued guidelines extend this support to previously awarded Open Acreage Licensing Policy and Discovered Small Field blocks. Additionally, the financial assistance covers seismic surveys and a portion of exploratory well costs. Recovery of government funding will begin after commercial production or upon recovering 50% of costs.
