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

As immigration concerns and political unpredictability in the United States intensify, Britain—particularly London—is increasingly becoming a preferred destination for not only global travellers and academics but also for vibrant artistic talent. Recent trends highlight a noticeable drop in the number of British citizens traveling to the US, while simultaneously showcasing a surge in visibility and success of Indian-origin actors on the West End stage The drop in Briti

The Reserve Bank of India (RBI) has introduced a new initiative to connect more directly with the public by launching an official WhatsApp channel. This development is part of the central bank’s broader commitment to enhancing public awareness and making important financial and banking information accessible to every citizen, particularly those in rural and semi-urban areas who might not have regular access to official websites or traditional media. The initiative falls under the RBI&rs

 China has indicated a willingness to address India’s rising concerns over a ballooning trade deficit that is projected to touch a record $100 billion in the financial year 2024–25. This development comes as China seeks to offset its economic challenges amid intensifying trade friction with the United States. People familiar with the situation have said that Beijing has informally conveyed its openness to increasing imports from India by reducing tariff and non-tariff barriers,

India’s Defence Minister Rajnath Singh today delivered a forward-looking and comprehensive address at the convocation ceremony of the 80th Staff Course at the Defence Services Staff College (DSSC) in Wellington. Stressing the importance of modernization, jointness, and preparedness, he urged the armed forces to be technologically empowered and resilient in facing evolving multi-domain threats in the current global security landscape. With 479 officers attending the 80th Staff Course, in

Zerodha CEO Nithin Kamath has sounded a timely caution amid ongoing market volatility, warning that a sharp and prolonged crash in the Indian stock market could result in long-lasting consequences for investor sentiment. Drawing parallels with the aftermath of the 2008 global financial crisis, Kamath posted on social media platform X, stating, “By the way, if markets fall sharply, investors might stay out of the market for years—just like they did after 2008.” Kama

In a high-stakes logistics maneuver that has grabbed the attention of global tech and trade watchers, Apple has reportedly shipped a significant consignment of iPhones from India to the United States in a matter of days, ahead of a new import tariff deadline imposed under President Donald Trump’s trade policy. According to multiple sources close to the operation, the tech giant arranged for as many as five aircraft to carry the devices across continents, with the aim of bypassing a

Traveling internationally can be a dream come true, but for many people, the high cost of airfare often becomes a major hurdle—especially for trips between the USA and India. With prices fluctuating and flight booking platforms offering inconsistent deals, planning a trip to India can feel overwhelming. This is where MyTicketsToIndia steps in, providing an affordable and seamless travel solution that bridges the distance between the United States and India with ease and efficiency.

Asthma is a chronic respiratory condition that affects millions across India. With rising global temperatures and increasingly severe summer heatwaves caused by climate change, managing asthma has become more challenging than ever. Extreme heat, low humidity, and deteriorating air quality can all trigger asthma symptoms and lead to serious health complications, especially in children, the elderly, and those with preexisting respiratory conditions. According to the World Health Organisation (W

Indian Defence Minister Rajnath Singh is likely to travel to Moscow next month to represent India at Russia's grand Victory Day celebrations, according to reports by Russian state media. The event, scheduled for May 9, will commemorate the 80th anniversary of Russia’s victory in the Great Patriotic War and is set to take place on the historic Red Square. The report, released by Russia’s state-run news agency Tass, cited Indian government sources confirming that Singh’s p

In a significant policy development, RBI Governor Sanjay Malhotra announced that the Reserve Bank of India will soon release comprehensive regulations governing prudential norms and conduct-related aspects of gold loans. This move follows growing concerns over irregular practices among certain regulated entities (REs) and the recent surge in gold-backed lending across the country. The upcoming regulations aim to harmonize gold loan guidelines across various categories of lenders, including ba

Following Mumbai Indians' (MI) high-octane defeat to Royal Challengers Bengaluru (RCB) in the 2025 edition of the Indian Premier League (IPL), MI skipper Hardik Pandya offered a candid explanation for his side’s tactical shifts and batting collapse. The match, played at the Wankhede Stadium, saw RCB set a formidable target of 222 runs, and while MI launched a strong counterattack led by Tilak Varma and Pandya himself, they ultimately fell short. In the post-match presentation, Hardik d

 As the Pradhan Mantri MUDRA Yojana (PMMY) completes a decade since its launch on April 8, 2015, Prime Minister Narendra Modi marked the occasion by highlighting the scheme’s transformative impact on financial inclusion and grassroots entrepreneurship in India. According to the Prime Minister, over 52 crore loans worth ₹33 lakh crore have been disbursed under the scheme, making it a major success story in India’s developmental narrative. PM Modi described the scheme as an outc

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

  India's Minister of Commerce and Industry, Piyush Goyal, has expressed confidence that the recent tariff hikes announced by U.S. President Donald Trump could present an opportunity for India to strengthen its position in global trade. In response to the sudden shift in the U.S. trade stance, Goyal stated that India is well-positioned to benefit economically from the new environment created by America's protectionist approach. Trump recently declared a s

  A 24-year-old American man from Scottsdale, Arizona, was arrested in India after attempting to make contact with one of the world's most isolated and protected indigenous communities. Mykhailo Viktorovych Polyakov, a self-described YouTuber, was detained on March 31 after illegally setting foot on North Sentinel Island, a remote territory in the Indian Ocean known for its hostility to outsiders and strict governmental protection policies. According to Indian aut

A growing wave of visa cancellations is sweeping through international student communities in the United States, raising alarm among students, universities, and civil rights advocates. According to a report by the Associated Press, international students—especially those from India—are facing heightened scrutiny, with some losing their student visas over issues as minor as traffic violations or social media activity. In a troubling shift, several top US universities including Harv

Chief Minister N. Chandrababu Naidu continues to strengthen his reputation as a development-oriented leader by aligning state priorities with national strategic interests. As part of the broader vision of progress and security, Andhra Pradesh is now set to host one of India’s most ambitious defense projects — a new naval base near Visakhapatnam that will house nuclear submarines and advanced warships. This major defense initiative is being developed under Project Varsha and is poi

Sheikh Hamdan Bin Mohammed Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the United Arab Emirates, will begin a two-day official visit to India on Tuesday, at the invitation of Prime Minister Narendra Modi, the Ministry of External Affairs (MEA) announced Monday. This marks the first official visit to India by Sheikh Hamdan in his capacity as Crown Prince and will include meetings with top Indian leadership as well as engagements aimed at strengthening b

As the Hajj 2025 pilgrimage nears, Saudi Arabia has temporarily halted the issuance of certain categories of visas for citizens from 14 countries, including India, Pakistan, and Bangladesh. The suspension affects Umrah, business, and family visit visas and will remain in place until mid-June, aligning with the end of the annual Hajj pilgrimage. The decision reportedly aims to address logistical challenges and prevent unauthorized participation in the Hajj. The countries impacted by this move inc