Amazon shares fell sharply on Friday, sliding more than 9% after the company outlined an aggressive capital spending plan that unsettled investors already wary about the sustainability of the artificial intelligence boom. The drop added to a broader technology selloff, as market participants questioned whether escalating investments in AI infrastructure could outpace future returns and create excess capacity across the sector. The e-commerce and cloud computing group disclosed in it

China’s record-breaking trade surplus is increasingly reshaping global financial markets as export earnings that once accumulated primarily in state reserves are now being redirected into private investments overseas. The shift marks a notable departure from Beijing’s traditionally centralized management of foreign exchange inflows and introduces new dynamics into global capital movements at a time of heightened sensitivity over trade imbalances and financial stability. Last yea

Tax filing in 2025 was far more complicated for Indians than previous years, largely because personal income streams are no longer limited to salary alone. A growing number of taxpayers now earn through freelancing, digital content creation, SIP withdrawals, RSU vesting, intraday trades and influencer payouts. This shift has made filing returns prone to errors, especially for individuals who fail to reconcile their reported income with official tax statements. Financial experts say that AIS a

In a major political development, the central government is reportedly preparing to table the Amaravati amendment bill in the parliament, a long-standing demand pushed forward repeatedly by Andhra Pradesh chief minister Chandrababu Naidu. For months, Naidu has been urging the centre to legally cement Amaravati as the state’s official capital in order to protect it from any future policy reversals or political disruptions. His appeal was fueled by concerns that future governments, including

City officials in Columbus, Ohio have announced a sweeping increase in utility rates — including water, sewer, stormwater and electric services — as part of a broader infrastructure strategy aimed at ensuring safe tap water, accommodating future growth and reinforcing drought resilience. The proposed package would represent the largest adjustment in recent years and positions the city to meet both current demands and long-term capital needs. According to municipal sources, inflation and

On Tuesday afternoon in Pakistan’s capital, a powerful blast rocked the premises of the district judicial complex in Islamabad, injuring multiple individuals and triggering a swift response from law-enforcement and bomb-disposal teams. According to police officials and local sources, the explosion occurred in one or more vehicles parked within the premises of the District Judicial Complex Islamabad, prompting an immediate cordon of the surrounding area and activation of emergency services.&

WASHINGTON — Basketball fans in the nation’s capital are facing yet another challenge in keeping up with their hometown team. After the recent removal of Monumental Sports Network from major streaming platforms like YouTube TV and Hulu + Live TV, many Washington Wizards fans already felt limited in how they could follow the season. Now, another wave of frustration has arrived — skyrocketing ticket prices ahead of the team’s upcoming game against the Los Angeles Lakers, fueled by none

Dallas police have arrested two men in connection with a fatal carjacking that took place in August in Northwest Dallas, resulting in the death of a 34-year-old man. Investigators say the case has also been tied to a series of robberies in Dallas and Plano, raising concerns about repeat violent offenders in the city. According to police, 23-year-old Jeremiah Grice was taken into custody on September 4. He faces charges of aggravated robbery and capital murder. Grice is currently bei

A horrifying incident in Dallas, Texas has shocked the community after a 50-year-old Indian-origin man was brutally killed in front of his family. The victim, identified as Chandramouli Nagamallaiah, was attacked and beheaded outside the Downtown Suites motel, a property located just off Interstate 30 near the Tenison Golf Course. According to police, the suspect has been arrested and charged with capital murder in one of the most violent crimes reported in the area in recent years.

In a significant development, Cindy Rodriguez Singh, the fourth most wanted fugitive on the FBI's Ten Most Wanted Fugitives list, has been arrested in India. Singh, 40, was wanted for the brutal 2022 murder of her 6-year-old son, Noel Rodriguez Alvarez, and had been on the run since March 2023. She fled the United States with her husband, Arshdeep Singh, and their six children, just days after her son was reported missing.

In Washington, hundreds of District residents and natives gathered on Monday near the White House to protest President Trump’s announcement that Attorney General Pam Bondi would take over leadership of the Metropolitan Police Department. The demonstration, organized by the activist group Free DC, drew a large and passionate crowd, many of whom carried signs and chanted for the president to leave the District’s local affairs to its own elected offici

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

Gold has always held a revered place in many cultures, especially in India, where it is seen not only as a valuable asset but also as a symbol of tradition, prosperity, and security. However, when it comes to building long-term wealth, is simply owning gold jewellery the best option, or is there a more strategic way to invest in this precious metal? CA Nitin Kaushik, an expert in finance and investment strategies, recently shed light on this dilemma, highlightin

Pre-filled Income Tax Return (ITR) forms, introduced by the Income Tax Department, are designed to make tax filing simpler for individuals by auto-filling key financial details. These forms collect data from reliable sources such as your PAN, Aadhaar, Form 16 issued by employers, Form 26AS, and the Annual Information Statement (AIS) to pre-load income, tax paid, deductions claimed, and bank account information. However, despite the convenience, these pre-fille

The Indian Premier League (IPL) 2025 has been suspended indefinitely, following growing hostilities between India and Pakistan. The decision, confirmed by a senior BCCI official on Friday, came in the wake of heightened military tension, multiple air raid alerts, and nationwide blackouts that disrupted not just civilian life but also major sporting events. The league’s suspension was triggered by the mid-match cancellation of Thursday’s clash between Punjab Kings and D

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

Despite suffering a narrow 14-run defeat to Kolkata Knight Riders, Delhi Capitals’ young spin all-rounder Vipraj Nigam remains confident that his side will not only make the playoffs but also fight for a top-two finish in the IPL 2025 standings. The Capitals, who have now lost three games at home, fell short while chasing 205, but the mood in the camp remains optimistic. Speaking after the match, Nigam, who impressed with both bat

A viral video featuring Delhi Capitals spinner Kuldeep Yadav and Kolkata Knight Riders’ batter Rinku Singh created a social media storm on Wednesday, following their IPL 2025 clash. The controversy began when a clip surfaced online showing Kuldeep appearing to slap Rinku twice in what seemed like a light-hearted gesture. The friendly nature of the action, however, was questioned due to Rinku’s visibly surprised reaction, sparking speculation and backlash from fans and observers. D

KL Rahul’s return to the Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow on Tuesday was anything but routine. The former Lucknow Super Giants (LSG) captain came back not in blue and gold, but wearing the Delhi Capitals (DC) jersey—a shift that carried with it not just tactical implications but emotional undertones that were hard to ignore. In the lead-up to this IPL 2025 fixture between DC and LSG, one subplot stood out—the tense relationshi