A Lufthansa flight from Frankfurt to Hyderabad was forced to return mid-air on Sunday following a suspected bomb threat, aviation sources confirmed. The aircraft, a Boeing 787-9 Dreamliner operating as flight LH752, departed from Frankfurt at approximately 2:15 PM local time and was scheduled to arrive in Hyderabad at 6:00 AM on Monday. Shortly after takeoff, the airline’s crew received information regarding a po

In a significant move to strengthen international relations and improve connectivity, Telangana Chief Minister A. Revanth Reddy announced that efforts are underway to establish a direct flight route between Hyderabad and Kitakyushu, a prominent city in Japan. The proposal came during a high-level meeting in Hyderabad on June 2, when Kitakyushu Mayor Kazuhisa Takeuchi and his delegation visited the state to attend the Telangana Formation Day celebrations.

As the Income Tax Return (ITR) filing window opens for the Assessment Year 2025–26, non-resident Indians (NRIs) are being presented with a valuable opportunity to simplify their tax obligations and, in some cases, avoid filing a return entirely. Under Chapter XII-A of the Income Tax Act, 1961, NRIs who earn income from specific foreign exchange (FOREX) assets in India may opt for a special concessional tax regime that offers multiple benefits—including exemption from filing if certai

Winning a beauty pageant is only the beginning of a queen’s journey. From dazzling smiles and flawless gowns to public speaking on world peace, contestants are trained for perfection. But what many don’t realize is that the real challenge begins after the crown is placed. Behind the glamour lies a strict world of contracts and conduct rules and if these are broken, even the most poised winner can find herself dethroned. At the global level, pageants like Miss Universe an

In a decisive move to boost economic development and job creation, Andhra Pradesh Chief Minister N. Chandrababu Naidu has approved investment proposals worth ₹33,000 crore during the sixth meeting of the State Investment Promotion Board (SIPB). The approvals span across 19 major projects and are expected to generate 35,000 new jobs in key sectors such as energy, tourism, IT, and electronics. The meeting, held at the Secretariat, marks a strategic continuation of the government's push fo

The Income Tax Department has officially released the Income Tax Return (ITR) forms 1 and 4 for the assessment year 2025–26, enabling individual taxpayers, Hindu Undivided Families (HUFs), and firms (excluding LLPs) with total income up to ₹50 lakh to begin filing their income tax returns. This marks the beginning of the tax season for income earned during the financial year April 1, 2024, to March 31, 2025. Taxpayers must submit their returns by the due date of July 31, 2025, to avoid l

Superstar Mahesh Babu, a prominent name in the Telugu film industry, has found himself at the center of a serious legal development. The Enforcement Directorate (ED) has issued notices to the actor in connection with an ongoing money laundering probe tied to controversial Hyderabad-based real estate firms, Sai Surya Developers and Surana Group. According to reports published in a leading national English daily, Mahesh Babu was associated with these real estate groups as a brand endorser. The

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 what can be described as a politically significant moment, Telangana Chief Minister Revanth Reddy has made a strong public statement acknowledging the contribution of Andhra Pradesh Chief Minister N. Chandrababu Naidu in transforming Hyderabad into one of India’s foremost IT hubs. This statement comes at a time when debates around the origins of Hyderabad’s IT success are being widely discussed and sometimes contested across political and social circles. Speaking at a public ev

In a significant show of confidence, BlackRock, the world’s largest asset management firm, has emerged as the biggest investor in the Adani Group’s $750 million private bond issuance, taking on approximately one-third of the allocation. The investment, made through a private placement with a 3–5 year tenure, marks BlackRock’s debut in India's infrastructure-focused private bond space. Sources with direct knowledge revealed that BlackRock’s participation in th

In a significant judgment, the Telangana High Court on Tuesday upheld the death penalty awarded to five top operatives of the banned terror outfit Indian Mujahideen, who were convicted in connection with the 2013 twin bomb blasts in Hyderabad’s Dilsukhnagar that left 18 people dead and 131 injured. The blasts were among the deadliest terror attacks in the city’s recent history. A division bench of the High Court dismissed the appeals filed by the convicts, thereby affirming the ve

Starting April 1, 2025, taxpayers can begin filing their Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26. Employers will provide Form 16 to salaried employees, which plays a crucial role in filing ITR by summarizing salary details, Tax Deducted at Source (TDS), and other tax-related information for the Financial Year (FY) 2024-25. Understanding Form 16, its contents, and its significance can help taxpayers ensure a smooth and error-free filing process.  

The political rivalry in Telangana continues to intensify as K.T. Rama Rao (KTR) and Chief Minister Revanth Reddy lock horns over major public expenditure decisions and allegations of financial mismanagement. The latest controversy revolves around the Formula E scam case and the upcoming Miss World competition, both of which have sparked heated debate.   The Formula E Controversy and ED Investigation The controversy started when the Enforceme

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

A massive avalanche struck Badrinath in Uttarakhand’s Chamoli district, leaving 47 workers trapped near Mana village. The workers, who were engaged in clearing snow for army movement, were caught in the disaster when a Border Roads Organisation (BRO) camp was hit.Rescue operations are underway, with the Indian Army, ITBP, and Garhwal Scouts actively working to save those trapped under the snow. Ten workers have been rescued and moved to an army camp in Mana for medical attention. Howeve

The Income Tax Bill 2025 has raised concerns among taxpayers regarding refund eligibility if an Income Tax Return (ITR) is not filed before the due date. While the Income Tax Department (ITD) has clarified that there is no change in refund provisions, tax experts have pointed out inconsistencies that may impact individual taxpayers.   IT Department’s Clarification on Refunds

Infosys Ltd. has confirmed that over 300 employees were let go, responding to earlier reports alleging forceful termination. The company clarified that the layoffs, which mainly involved freshers at the Mysuru campus, were not forced but were the result of failure to clear internal onboarding tests. This follows allegations from the IT employees’ union NITES, which claimed that nearly 700 freshers were abruptly let go just months after being hired.   NITES also rai

Joao Felix marked his AC Milan debut with a goal in a crucial 3-1 victory over Roma in the Italian Cup. The Portugal forward, on loan from Chelsea, netted Milan's third goal after collecting a through ball from new signing Santiago Gimenez. Felix’s strike sealed the win for Milan, with a brace from Tammy Abraham putting them in control. Roma did pull one back through Artem Dovbyk in the second half, but the damage had already been done. With this victory, AC Milan is now through to

The owners of the Indian Premier League's Sunrisers Hyderabad have made a notable move in the world of cricket by acquiring full control of the Yorkshire franchise in The Hundred competition. According to a report by BBC, the Sun Group paid just over €100 million ($125 million) for a 100 percent stake in the Northern Superchargers, becoming the first investors to take full control of one of the eight franchises in the competition. This acquisition marks the third involvement of IPL-r

Goldman Sachs has set a target price of Rs 500 per share for ITC Ltd. following the company's recent demerger, citing strong potential for profitability growth and the expansion of its consumer business. The brokerage firm highlighted a steady recovery in the cigarette business, predicting healthy earnings growth from fiscal 2023-25. The target represents an upside of 13% from the stock's previous close. ITC shares saw a nearly 6% adjustment in a special pre-open session on