The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom

Central Ohio has welcomed a new addition to its dining scene with the arrival of Hummus Republic, a fast casual Mediterranean chain known for its fresh falafel, signature hummus, and highly customizable menu. The restaurant officially opened its first central Ohio location in Delaware, located at 1710 Columbus Pike, after hosting a successful grand opening in August. The launch marks another step in the expansion of the California-based chain, which has been steadily growing across the United

Millions of Amazon customers are set to receive refunds after the company agreed to a $2.5 billion settlement over its Prime membership practices. The settlement includes $1.5 billion in consumer refunds and a $1 billion civil penalty, making it one of the largest of its kind. At the center of the dispute were claims that Amazon misled customers into signing up for Prime memberships and created barriers that made cancellations unnecessarily complicated. The case was tied to the Re

Starbucks has announced a sweeping restructuring plan that includes the closure of select stores across North America and the elimination of approximately 900 corporate and non-retail jobs. The move marks one of the most significant strategic shifts for the Seattle-based coffee company in recent years as it attempts to stabilize financial performance and reignite growth momentum. In a letter to employees, CEO Brian Niccol emphasized that while store openings and closings are routi

Prime Minister Narendra Modi sent a strong message of economic self-reliance while inaugurating the Uttar Pradesh International Trade Show in Greater Noida. Against the backdrop of a tariff war with the United States, Modi said that “India is not ready to be dependent on anyone.” He urged traders and manufacturers to embrace the vision of Atmanirbhar Bharat by focusing on local production and promoting swadeshi goods.

Bangladesh’s Chief Adviser Muhammad Yunus sparked a political storm during the UN General Assembly in New York, openly stating that Dhaka’s relations with India have soured since last year’s student protests that toppled Sheikh Hasina. Yunus accused India of providing shelter to Hasina and spreading “fake news” portraying the uprising as Islamist-driven. According to him, this has deepened mistrust between the two neighbors, alrea

Larry Ellison, the co-founder of Oracle and the world’s second-richest man after Elon Musk, has pledged to donate 95% of his estimated $373 billion fortune. His vast wealth comes primarily from his 41% stake in Oracle and significant investments in Tesla, both of which surged in value due to the AI boom. Ellison first made this pledge in 2010 through the Giving Pledge, a global philanthropic commitment by billionaires to give away most of their fortunes.

Gold, the most closely watched safe-haven asset, slipped from its record peak this week, sparking fresh debate among investors and traders. The decline in 22-carat and 24-carat gold prices has been tied to three key factors: the strengthening US dollar, cautious Federal Reserve signals, and anticipation around upcoming economic data. Despite the retreat, gold remains under the spotlight as global uncertainty keeps demand resilient.

Ranked among the world’s top public institutions, the Darden School of Business at the University of Virginia has gained recognition for shaping students into leaders who can thrive in rapidly evolving global markets. With students from across the world joining its programs, Indian students in particular are increasingly enrolling with a clear aim: to sharpen their leadership and entrepreneurial skills while learning how to apply technical expertise in international business contexts.

India’s only active volcano, Barren Island in the Andaman and Nicobar archipelago, erupted once again this month, sending molten lava streams and thick smoke into the sky. The eruption, captured by an Indian Navy warship, showed glowing lava flows cascading down its slopes while plumes of smoke billowed from the summit. Though the eruption created spectacular visuals, scientists emphasize it is a reminder of the powerful geological forces at work beneath

Ukrainian President Volodymyr Zelenskyy has pushed back against US President Donald Trump’s claims that India is “funding Russia’s war in Ukraine.” Speaking in an interview with Fox News, Zelenskyy stated that “India is mostly with us” while acknowledging ongoing energy challenges that complicate the picture. His comments came after Trump, during a speech at the 80th session of the United Nations General Assembly (UNGA), dir

The clock is ticking for taxpayers who are required to file their income tax audit reports for the financial year 2024–25. The deadline has been set for September 30, 2025, and unlike in some past years, the Income Tax Department has not announced any extension. For companies, proprietorships, and firms whose accounts must be audited, filing the audit report on time is not just a compliance requirement—it is essential to avoid hefty penalties unde

Cricket lost one of its most iconic and beloved figures as legendary umpire Dickie Bird passed away on September 23, 2025, at the age of 92. Born on April 19, 1933, in Barnsley, Yorkshire, Bird was not only an umpire but a symbol of the spirit of cricket, respected for his fairness, humanity, and ability to bring warmth to the game. The Yorkshire County Cricket Club confirmed his death with “profound sadness,” recognising him as a national treasure

The Government of India has rolled out a historic reform in the Goods and Services Tax (GST) system by eliminating the 12% and 28% slabs and restructuring the tax categories. The changes, which took effect today, bring relief to households as 99% of daily-use products will now fall under lower tax rates. However, in order to balance revenue and discourage harmful or luxury consumption, the government has introduced a new 40% GST slab for specific goods.

Saudi Arabia’s decision to sign a Strategic Mutual Defence Agreement with Pakistan has stirred debates across South Asia and the Middle East. The pact, which promises that an attack on one country will be treated as an attack on both, resembles a NATO-style commitment. For Pakistan, struggling with economic and diplomatic challenges, this deal is seen as a significant political win and a potential deterrence against India. Yet, beneath the surface, exper

In a significant development within the corporate world, Jerry Greenfield, co-founder of the iconic ice cream brand Ben & Jerry’s, has announced his resignation after 47 years of involvement with the company. This decision comes amid escalating tensions between Ben & Jerry’s and its parent company, Unilever, over issues related to the brand’s social mission and autonomy. Greenfield's departure is rooted in a deepening conflict with Unilever, which acq

The government extended the Income Tax Return (ITR) filing deadline for Assessment Year 2025–26 by one day, from September 15 to September 16, 2025. However, many taxpayers still missed this revised cut-off. If you are among them, there is no need to panic, as the Income Tax Department allows belated returns to be filed until December 31, 2025. A belated return refers to an ITR filed after the due date. Accord

At the Doha emergency summit attended by leaders from over 40 Muslim countries, the idea of an Islamic Nato gained momentum, with Pakistan aggressively pitching for an Arab-Islamic task force. The meeting followed Israel’s strike in Qatar and brought together Pakistan, Turkey, Saudi Arabia, the UAE, Egypt, and others under one forum. Pakistan, represented by Prime Minister Shehbaz Sharif and Foreign Minister Is

The International Cricket Council has turned down the Pakistan Cricket Board’s request to remove veteran referee Andy Pycroft from the ongoing Asia Cup 2025 after the controversial no-handshake episode in the India-Pakistan clash. PCB chairman Mohsin Naqvi, who also heads the Asian Cricket Council, had alleged that Pycroft instructed Pakistan captain Salman Agha at the toss not to engage in a handshake with India’s Suryakumar Yadav, sparking outrag

The Board of Control for Cricket in India (BCCI) has officially addressed the controversy surrounding the handshake row during the Asia Cup 2025 clash between India and Pakistan. Following India’s 7-wicket victory, captain Suryakumar Yadav and his teammates did not exchange handshakes with Pakistan skipper Salman Ali Agha or the opposing team. This move sparked outrage from the Pakistan Cricket Board (PCB), which lodged a formal complaint with the Asian