Switzerland has decided to suspend the Most-Favoured-Nation (MFN) status granted to India, which could result in higher taxes for Indian companies operating in the country. Starting January 1, 2025, Indian companies will face increased withholding tax rates on income such as dividends and royalties generated in Switzerland. The new tax rules will impose a 10% tax on dividends earned by Indian entities. This move follows a ruling by the Indian Supreme Court in October 2023, which sta

The International Cricket Council (ICC) is set to finalize the hybrid model for the 2025 Champions Trophy during a virtual meeting with Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi. Under this model, India and Pakistan will not travel to each other's countries for ICC events. The 2025 Champions Trophy, scheduled from February 19 to March 9, will be played in Dubai, with eight teams divided into two groups. The top two teams from each group will advance to the semifinals. T

Elon Musk’s Tesla has become one of the top employers of H-1B workers, with over 1,700 H-1B visas approved for Tesla employees in 2020. This marks a significant reliance on skilled foreign workers as Tesla continues to grow. Musk’s early career began with illegal work on a student visa in the U.S., but now Tesla’s future is intertwined with the availability of H-1B workers, a visa program that is crucial for attracting talent to the tech industry. The Trump adminis

On Friday, Russia launched a massive aerial assault on Ukraine, firing 93 missiles and nearly 200 drones, marking one of the heaviest attacks on the country’s energy sector since the invasion began nearly three years ago. Ukrainian President Volodymyr Zelenskyy described the assault as part of Russia’s ongoing strategy to terrorize millions of people and demanded a strong global response. Ukraine's air defense systems intercepted 81 missiles, including 11 cruise miss

A tragic incident occurred in Odisha's Mayurbhanj district when a Class 10 student, Sukhdev Munda, died after allegedly being administered a wrong injection at a local pharmacy. Sukhdev, who was suffering from a skin infection, was taken to Sarbeswar Medicines pharmacy in Saharpada Market by his father for treatment. The pharmacist assured them that an injection would provide quick relief. However, shortly after receiving the injection, Sukhdev's condition deteriorated, and he passed

Prime Minister Narendra Modi, during his visit to Prayagraj on Friday, hailed the 2025 Maha Kumbh as a "mahayagya of unity" that would elevate the country's cultural and spiritual identity. Addressing a public meeting, Modi emphasized that the Maha Kumbh brings people together, transcending caste and sect divisions. He inaugurated 167 significant development projects worth Rs 5,500 crore to enhance Prayagraj's infrastructure in preparation for the upcoming Kumbh Mela.

In a politically charged move, the West Bengal BJP's Murshidabad unit has announced plans to construct a Ram temple in Berhampore, following a proposal by TMC MLA Humayun Kabir to build a mosque in Beldanga, located in the same district. The BJP's proposed Ram temple, which will be modeled after the Ram temple in Ayodhya, is scheduled to begin construction on January 22, 2025, marking exactly one year after the inauguration of the Ayodhya temple. Shakharav Sarkar, the BJP&rs

On Thursday, the Reserve Bank of India (RBI) received a bomb threat via email, which was written in Russian. The threat, sent to the RBI's official website, claimed that the bank would be blown up. Following the threat, a case was registered at the Mata Rambai Marg (MRA Marg) police station in Mumbai, and an investigation has been launched. This incident comes after a similar threat was made to the RBI through its customer care number on November 16, with the caller claiming to

BEML Ltd. is working on an ambitious timeline to roll out India’s first indigenous bullet train by December 2026, as revealed by Chairman and Managing Director Shantanu Roy. The company has been tasked with designing and manufacturing the bullet trains for the highly anticipated Mumbai-Ahmedabad route. This project marks a significant milestone in India's railway history, with BEML focusing on building two prototypes. Roy emphasized the importance of intellectual property

India has achieved a major milestone by surpassing $1 trillion in Foreign Direct Investment (FDI) since the turn of the century. Latest data from the Department for Promotion of Industry and Internal Trade (DPIIT) reveals that from April 2000 to September 2024, India attracted a total of $1,033.40 billion in FDI. This surge underscores India’s growing appeal as a global investment hub. Significant contributions have come from countries like Mauritius (25%), Singapore (24%), an

Telugu actor Allu Arjun has been arrested in connection with a tragic stampede that occurred outside a Hyderabad theatre during the premiere of his film Pushpa 2: The Rule. The incident, which took place last month, led to the death of a woman and left others injured. The stampede broke out after Allu Arjun made an unscheduled appearance at the theatre, causing a surge of fans. The actor's unexpected visit reportedly led to a chaotic situation, resulting in the fatal incident.

External Affairs Minister S. Jaishankar expressed concerns in the Lok Sabha regarding the safety of minorities in Bangladesh, particularly following reports of attacks on Hindus. His statement came amidst rising incidents of communal violence in the neighboring country, where the treatment of minorities, especially Hindus, has become a matter of increasing alarm. Jaishankar emphasized that the government of Bangladesh must ensure the safety and security of its minority communities, highlighti

 A group of 55 Rajya Sabha MPs, led by Kapil Sibal, has submitted a motion seeking the impeachment of Allahabad High Court Judge Shekhar Kumar Yadav. The MPs, including prominent leaders such as P Chidambaram, Digvijaya Singh, Raghav Chadha, and Sagarika Ghose, accuse the judge of making hate-filled and inflammatory statements that promote communal disharmony. These remarks, which were made during an event organized by the Vishwa Hindu Parishad (VHP), are seen as targeting minorities and

Atul Subhash, a 34-year-old deputy general manager at a private firm in Bengaluru, tragically died by suicide on December 9, leaving behind a 24-page note accusing his wife and her family of harassment. In the note, Atul claimed that his wife had filed multiple false cases against him and his family since January 2021, causing immense mental anguish. He also alleged corruption within the judicial system, with a judge demanding ₹5 lakh to settle the case. Atul's father, Pawan K

On Friday, at least six schools in Delhi, including Delhi Public School in East of Kailash, Salwan School, Modern School, and Cambridge School, received bomb threats via email. This marks the second such incident this week, following a similar scare on December 9 when over 40 schools in the city received similar threats. The emails claimed that explosives had been planted within the school premises, warning of potential bomb blasts on December 13 and 14, particularly targeting schools with sc

The aftermath of the YSR Congress' landslide defeat in the 2024 general election has left the party in turmoil, with many senior leaders defecting. Prominent figures like Alla Nani, Breda Mastan, Avanti Srinivas, and Grandhi Srinivas have already parted ways with Jagan Mohan Reddy’s leadership, signaling the party’s deepening crisis. Adding to the woes, seasoned Andhra Pradesh politician and former Congress MLA Gone Prakash Rao has claimed that 4-5 more MLAs are likely to leav

Chandrababu Naidu, the Chief Minister of Andhra Pradesh, continues to impress with his unparalleled work ethic, even at the age of 74. Despite expectations that age would slow him down, Naidu chaired a marathon 13-hour conference, which started at 9:30 AM and concluded around 10:40 PM. The conference covered a broad range of crucial topics, such as sand and liquor policies, pension program disparities, and other key governance issues. One of the notable moments during the conference

Indian Grandmaster D Gukesh made history on Thursday by becoming the youngest world chess champion at the age of 18. He triumphed over the reigning title-holder, Ding Liren of China, in the 14th and final game of their thrilling showdown in Singapore. Gukesh secured the necessary 7.5 points, edging out Liren, who scored 6.5 points, after winning the last classical time control game, which had seemed destined for a draw for most of the match. Before Gukesh, the title of the youngest

Gold has experienced a remarkable rise in 2024, reaching 40 new record highs year-to-date and appreciating by over 28%. According to the World Gold Council (WGC), this surge has made gold the best-performing asset class globally, surpassing US stocks, emerging market stocks, US bonds, and even US currency. In the third quarter of 2024, gold demand exceeded $100 billion for the first time, showcasing its robust market position. Looking ahead to 2025, the direction of the US Federal R

The Kerala State Disaster Management Authority has issued a red alert for heavy rainfall in Pathanamthitta, Ernakulam, and Idukki districts due to a low-pressure system over the Gulf of Mannar. The Central Meteorological Department has also declared a high alert for central and southern Kerala. An orange alert is in effect for Thiruvananthapuram, Kollam, Alappuzha, Kottayam, and Thrissur districts, while a yellow alert has been issued for all other districts, excluding Kannur and Kasargod.