The Indian government has introduced the Income Tax Bill 2025, a major overhaul of the country’s tax laws, granting unprecedented investigative powers to tax authorities. While presented as a move to modernize tax compliance, the bill includes provisions that allow tax officers to access digital assets, emails, social media profiles, trading accounts, and cloud storage in cases of suspected tax evasion.Finance Minister Nirmala Sitharaman introduced the bill in Parliament, stating that i

The Securities and Exchange Board of India (SEBI) has introduced a new digital platform named "Mutual Fund Investment Tracing and Retrieval Assistant" (Mitra) to help investors track and reclaim lost, unclaimed, or inactive mutual fund investments. The initiative aims to reduce financial losses due to investor oversight, outdated KYC details, or the demise of the original investor.According to a circular issued by SEBI on February 12, 2025, an inactive folio is defined as a mutual f

US President Donald Trump delivered a triumphant address to Congress, emphasizing his administration’s policy shifts in global trade, domestic regulations, and federal restructuring. Within just six weeks of taking office, Trump boasted of achievements that have significantly altered America’s foreign relations, triggered trade disputes, and reduced the size of the federal workforce. His speech was met with a standing ovation from Republican supporters, while Democrats protested s

A common question among newlyweds and couples planning their future is whether marriage has any effect on their credit score. The simple answer is no—getting married does not directly impact your credit score. Credit bureaus like CIBIL, Experian, and Equifax do not track or record marital status when calculating individual credit scores.However, while marriage itself doesn’t influence credit scores, the financial decisions you make as a couple can have a significant impact. When y

India defeated Australia by 4 wickets in the Champions Trophy 2025 semi-final in Dubai. Australia batted first and scored 264 runs, with Steve Smith (73) and Alex Carey (61) playing well. India's bowlers, especially Mohammed Shami (3/48) and Varun Chakravarthy, kept Australia in check. While chasing, Virat Kohli (84) and KL Rahul (42) played important knocks*, with Hardik Pandya’s quick 28 runs helping India cross the target. India has now qualified

As India and Australia arrived at the Dubai International Cricket Stadium for the much-anticipated semi-final match in the ICC Champions Trophy 2025, excitement among fans was at an all-time high. Cricket enthusiasts turned out in large numbers to support Team India, expressing confidence in their chances against the defending champions.One enthusiastic fan shared their optimism, saying, "We are very excited... I feel this is India's payback time to Australia. We want to support

Tencent Holdings has expanded its stake in Kadokawa, the parent company of FromSoftware, acquiring an additional 1.11 percent of shares. This move increases Tencent’s ownership in the Japanese publishing giant from 6.86 percent to 7.97 percent. The transaction was made through Tencent’s subsidiary, SixJoy Hong Kong Limited, and was disclosed in a large shareholding report submitted to the Kanto Finance Bureau.   Tencent initially invested JPY 30 billion (appr

The latest round of tariff hikes by US President Donald Trump has triggered immediate countermeasures from Canada, China, and Mexico, escalating tensions in global trade. Beginning Tuesday, the US is imposing a 25% tariff on imports from Mexico and Canada while also raising tariffs on all Chinese imports from 10% to 20%. In response, these nations have announced their own economic retaliations, signaling a sharp rise in trade disputes.Canadian Prime Minister Justin Trudeau and Chinese officia

YouTube, the original video-streaming giant, is reportedly preparing a major shift toward subscription-based content, bringing it closer to competitors like Netflix and Amazon Prime Video. According to a recent report by The Information, YouTube is exploring ways to integrate third-party premium content into its platform, expanding its Primetime Channels initiative.This move would enhance YouTube’s existing subscription services, offering a redesigned interface that prioritizes

The initial public offering market has entered a phase of stagnation, with no major IPOs launched in the past three weeks. The last significant IPO was Quality Power, which opened for subscription on February 14, 2025. Since then, the primary market has seen a lull, raising concerns about investor sentiment and market conditions.Despite speculation surrounding Tata Capital’s anticipated $11 billion IPO, which is expected to be one of the largest listings of the year, the overall slowdow

Microchip Technology has announced plans to lay off 2,000 employees, approximately 9 percent of its global workforce, as part of a restructuring plan aimed at cost reduction and operational efficiency. The decision is driven by declining semiconductor demand, particularly from the automotive sector, where companies are struggling to clear existing chip inventories before placing new orders.The semiconductor industry has faced challenges over the past year, with demand fluctuations affecting m

Amazon Web Services, the cloud computing arm of Amazon, is set to invest approximately $8.2 billion in Maharashtra over the next few years, according to the Ministry of Electronics and Information Technology. IT Minister Ashwini Vaishnaw stated that the investment would play a key role in job creation while strengthening India’s cloud computing infrastructure. The investment is expected to be rolled out between 2029 and 2030.AWS is also planning to introduce its own graphics processing

Teleperformance, the world’s largest call center operator, is implementing artificial intelligence (AI) technology to neutralize Indian accents in real-time for clients in Western countries. According to a report by The Telegraph, the French company is using AI-powered software to enhance communication between customer service agents and callers by reducing accent-related misunderstandings.   AI Accent Neutralization for Improved Customer Interact

Billionaire investor Warren Buffett has strongly criticized US President Donald Trump's latest tariffs, calling them “an act of war” and warning about their economic impact. In an interview with CBS on Sunday, Buffett argued that tariffs function as a tax on consumers and ultimately drive up prices.“Tariffs are actually—we've had a lot of experience with them—they're an act of war, to some degree,” Buffett said. He added that consumers, not fore

Bangladesh’s interim government chief Muhammad Yunus has rejected concerns over strained relations between Bangladesh and India, asserting that the diplomatic ties between the two neighboring nations remain strong despite recent tensions. Yunus acknowledged that some conflicts have emerged but attributed them mainly to misinformation and propaganda rather than any fundamental changes in the relationship.In an interview with BBC Bangla, Yunus highlighted the historical, political, and ec

Ukrainian President Volodymyr Zelensky has expressed confidence that US-Ukraine relations can be repaired following an intense diplomatic confrontation with US President Donald Trump at the White House. Speaking from London after a European security summit, Zelensky emphasized the need for closed-door discussions and reaffirmed his stance that Ukraine would not concede any territory to Russia in exchange for peace.Zelensky’s remarks came just days after his tense meeting with Trump and

Firefighters in North and South Carolina are battling multiple wildfires, forcing evacuations and leading to a state of emergency declaration in parts of South Carolina. The fires, fueled by dry weather, strong winds, and high temperatures, have quickly spread across forests and residential areas, prompting urgent firefighting efforts.The largest wildfire in the region has already burned 1,200 acres near Myrtle Beach, while North Carolina is dealing with multiple blazes in different forests.

The Indian government is working on refining the Production-Linked Incentive (PLI) scheme to increase local value addition and export-driven growth in key industries. While the scheme has successfully attracted investment across multiple sectors, officials believe that further improvements are needed to address import dependency and enhance India's global manufacturing competitiveness.Since its launch in April 2020, the PLI scheme has been instrumental in drawing substantial investments i

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

Google co-founder Sergey Brin has advised employees working on the company’s Gemini AI models to follow a 60-hour workweek and attend office daily in a bid to boost productivity and accelerate artificial general intelligence (AGI) development. This move comes as competition in AI innovation intensifies, with industry giants racing to achieve AGI dominance.In an internal memo accessed by The New York Times, Brin outlined his vision for an optimal work schedule, stating that a 60-hour wor