Americans’ unpaid medical debt will continue to appear on their credit reports after a federal judge in Texas overturned a major Biden-era Consumer Financial Protection Bureau (CFPB) rule intended to remove such debts. The decision, delivered last week by Judge Sean Jordan of the U.S. District Court for the Eastern District of Texas, marks a significant blow to a policy aimed at easing the credit burden for millions of Americans. The court found that the CFPB overstepped its legal autho

Nvidia has secured a crucial win in its ongoing negotiations with the U.S. government over AI chip exports to China. The Trump administration has decided to allow the tech giant to resume sales of its H20 chips to Chinese clients, following a reversal of earlier restrictions. According to Commerce Secretary Howard Lutnick, the green light for sales was granted on the condition that Nvidia would not export its most advanced chips, ensuring that national security interests remain protected whil

Fauja Singh, a name that has become synonymous with resilience and determination, passed away at the age of 114 on July 14, 2025, after an accident in his hometown of Beas Pind, Jalandhar. Known for starting his marathon running career at 89, Fauja Singh defied age and physical challenges to become an international inspiration, earning the admiration of millions around the globe. Born in India and later relocating to

We all often assume that having more money will make us happier, but sometimes, the reality doesn’t match our expectations. Abhishek Kumar, a SEBI-registered investment adviser, shared a thought-provoking story on LinkedIn about an acquaintance who, despite amassing a wealth of Rs 12 crore, found himself feeling unfulfilled. The man had built his fortune over 15+ years of hard work, but rather than feeling pride or excitement, he was left with a peculiar

Many errors occur when taxpayers fail to complete all parts of the Excel utility properly. According to Mihir Tanna, Associate Director at S.K Patodia LLP, a common mistake is forgetting to fill in the last row of the Capital Gains schedule row F. It’s essential to enter the quarter-wise details and click the ‘Validate’ button at the top of the sheet. Without this step, your tax details, including capital gains and taxes, may not show up cor

Mahanagar Telephone Nigam Ltd (MTNL), the state-run telecom firm, is facing a fresh financial crisis as it defaults on a significant sum of Rs 8,585 crore in principal and interest payments to a group of seven public sector banks. The default was officially confirmed by MTNL in a filing to stock exchanges, highlighting the ongoing struggles of the company. The unpaid debt includes Rs 7,794.34 crore in principal and Rs 790.59 crore in interest.

In a bold move to combat the country’s escalating obesity crisis, India’s health ministry has announced a new initiative requiring health warnings on popular deep-fried and sugary snacks such as samosas and jalebis. These foods, deeply embedded in Indian culinary tradition, are now being targeted for their high calorie, fat, and sugar content as the government ramps up efforts to curb rising cases of obesity, diabetes, and cardiovascular diseases. The health ministr

Renowned filmmaker Ram Gopal Varma has shared his candid opinion on the recent controversy involving actress Deepika Padukone and director Sandeep Reddy Vanga regarding the debate over fixed working hours in the film industry. RGV remarked that the issue has been unnecessarily exaggerated by the media. He emphasized that decisions about work schedules are purely a personal agreement between an actor and a director, and that such matters should not be sensational

Mumbai, July 11, 2025 — In a landmark announcement, Hindustan Unilever Ltd (HUL) has appointed Priya Nair as its new Chief Executive Officer and Managing Director, making her the first woman to lead the FMCG giant in its 92-year history. Her appointment becomes effective August 1, 2025, following the stepping down of Rohit Jawa on July 31, 2025. Currently the President, Beauty & Wellbeing at U

Rising school fees are quickly becoming the biggest financial burden on India’s middle-class families. Ashish Singhal, co-founder of CoinSwitch and Lemonn, recently voiced his concerns on LinkedIn, calling the current fee structure “theft” and warning of a brewing crisis. “Parents are now taking EMIs for nursery,” he noted, adding that in Bengaluru, CBSE schools not international ones are charging up to ₹2.1 lakh for 3rd standar

Karnataka Chief Minister Siddaramaiah has firmly shut down speculation about a possible leadership change, asserting that he will serve a full five-year term and lead the Congress into the 2028 assembly elections. Speaking exclusively to Media, Siddaramaiah stated, “I will be Chief Minister for five years,” reiterating that there was no pressure from the Congress high command to step down in favor of Deputy CM DK Shivakumar.

In a bold and unexpected move, the President of the United States has announced a 50 percent tariff on all imports from Brazil. The announcement deviated from usual trade policy rhetoric and was directly linked to the ongoing prosecution of Brazil's former president Jair Bolsonaro. The President emphasized that the tariff decision was not based on trade deficits or economic concerns but was instead a response to what he termed an unfair legal attack on Bolsonaro, who he described as a person

  Santa Clara County’s expansive public hospital system, the second largest in California, is now facing a financial crisis as sweeping federal budget cuts threaten to erase over $1 billion in vital revenue over the next few years. Just months after the county celebrated the expansion of its health system with the acquisition of Regional Medical Center in East San Jose, leaders now confront a bleak future triggered by President Donald Trump’s recent signing of H.R.

A group of senior retired United States Air Force generals has issued an urgent appeal to lawmakers, warning that proposed cuts to advanced fighter jets and airborne command systems would critically weaken national defense at a time of rising geopolitical tension. Specifically, the generals are calling for full funding to procure 75 F-35A fighter jets and to restore investment in the E-7 airborne early warning and control aircraft in the next fiscal year. In a detailed letter sent

Paying income tax every year can be burdensome for many, but did you know that, under the new tax rules, you may qualify to pay zero tax? The latest updates in India’s tax policies provide an opportunity for taxpayers to reduce their tax liabilities, potentially to zero, with proper planning. Finance Minister Nirmala Sitharaman’s 2025 Budget announcement revealed a significant change in the tax system that could benefit many taxpayers. Here’s

In a shocking turn of events, Alia Bhatt’s former personal assistant, Vedika Shetty, has been arrested for allegedly cheating the actor of a staggering Rs 77 lakh. The fraud, which occurred over a span of two years, between May 2022 and August 2024, was discovered after Alia Bhatt’s mother, actor-director Soni Razdan, filed a formal police complaint with Juhu police on January 23, 2025. Vedika Shetty, 32,

Former United Kingdom Prime Minister Rishi Sunak is returning to the private financial sector as a senior adviser, approximately one year after his political party faced a significant defeat in the national elections. His new role comes as part of a strategic move to leverage his political and economic expertise in the business world. Sunak, who continues to serve as a Member of Parliament, will be advising on a range of global economic and political issues. His responsibilities w

Washington, D.C. has implemented a stricter summer youth curfew following a weekend that saw multiple teen arrests and the recovery of hundreds of fireworks in the Navy Yard neighborhood. Mayor Muriel Bowser officially signed the new legislation into law on Monday, establishing a citywide curfew for all minors for the months of July and August. This new law changes the previous standard by lowering the curfew time to 11 p.m. for anyone under 18. Prior to this, the curfew only applied to youth

Central government employees and pensioners are eagerly awaiting the official announcement of a 3% hike in Dearness Allowance (DA) and Dearness Relief (DR), which is expected to be implemented from July 2025. While the DA rates are revised twice a year effective from January 1 and July 1 the official announcements usually come months later, typically around the festive season in September or October. Expected

Dassault Aviation shares saw renewed upward movement for the second straight day after India officially denied reports that any of its Rafale fighter jets were shot down during Operation Sindoor. On July 8, the company's stock opened slightly higher at €297.40, marginally up from the previous close of €297. The development follows weeks of pressure on the stock, which had declined by about 3 percent over the past month, largely due to speculation surrounding the Indian Air Force&rs