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After MG Motor, another Chinese co. gets Indian partner: Sunil Mittal’s Bharti Enterprises buys stake in consumer appliances maker Haier’s local ops

Sunil Mittal (File photo-ANI) New Delhi: Bharti Enterprises and Warburg Pincus on Wednesday announced a strategic investment in Haier India, a subsidiary of Chinese consumer electronics maker Haier Group, picking up a collective 49% stake in the company. This is the second Chinese company to have sold a significant stake in its Indian operations after…

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Stock market holiday: Is NSE, BSE open on December 25; what investors should know after Christmas

Trading in Indian stock markets will be closed on Thursday, December 25, for Christmas, according to the exchanges’ holiday schedule.Both the BSE and the National Stock Exchange (NSE) will be shut for trading across segments on December 25. Normal trading activity will resume on Friday, December 26, 2025. This is the only stock market holiday…

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Donald Trump’s tariff gamble: Who blinked, who pushed back & did it ‘make America great again’?

AI-generated image used for representation “The golden age of America begins right now,” Donald Trump declared as he launched his second stint in the White House. Back in the presidency, he wasted no time signaling that this term would be markedly different from his first. Trump’s biggest leverage this time: tariffs. Unlike before, trade would…

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More competition for IndiGo, Air India: Shankh Air expected to begin operations in 2026; 2 new carriers get NOCs

Shankh airlines (Image/Website) Uttar Pradesh-based Shankh Air is expected to begin flight operations in the first quarter of 2026. The airlines has already secured a no-objection certificate (NOC) from the Union civil aviation ministry,.Yesterday, two other carriers Al Hind Air and FlyExpress also received their NOCs, paving the way for fresh competition in India’s fast-growing…

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Gold price today: How much 18K, 22K, 24K gold costs in Delhi, Mumbai, Bengaluru — check today’s city-wise rates

Gold prices surged to fresh record levels in both domestic and international markets on Wednesday, driven by expectations of further monetary easing by the US Federal Reserve and heightened geopolitical tensions that boosted safe-haven demand.In domestic futures trade, gold prices climbed to a lifetime high of Rs 1,38,676 per 10 grams on the Multi Commodity…

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ITR filing: Received ‘nudge’ from Income Tax Department for tax return & refund claims? Here’s what you need to do

Identified taxpayers are being sent SMS and email under the government’s NUDGE campaign. (AI image) ITR filing FY 2024-25 (AY 2025-26): The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check their exemption and deduction claims. The last date to file income tax returns for FY…

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No more lottery: How the new H-1B visa selection system will work — key changes explained

This is a representative AI image NEW DELHI: After US President Donald Trump’s proposal to impose a $100,000 entry fee on new H-1B visa applications, the Department of Homeland Security (DHS) has announced a major overhaul of the visa selection process replacing the long-standing random lottery system with a wage-weighted selection model.In a statement on…

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What are the ‘hidden charges’ on forex transactions: RBI issues draft rules on charges; what could change?

Reserve Bank of India (ANI image) The Reserve Bank of India (RBI) has issued a draft proposal aimed at making cross-border payments more transparent and consumer-friendly. With this, the bank aims to address long-standing complaints about hidden charges and unclear pricing in foreign exchange transactions.A large number of individuals face difficulties while making overseas payments…

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US district court backs Trump on $100K H-1B entry-fee, citing broad immigration powers

A US district court judge has upheld President Donald Trump’s decision to impose a $100,000 entry-fee on new H-1B visa workers hired from outside the US, delivering a significant legal win to the administration’s assertion of broad executive authority over immigration.In an order issued on Tuesday night, Judge Beryl A. Howell, of the Columbia district…

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Budget 2026: Introduction of optional joint taxation for married couples can be a game changer

ICAI proposes that married couples be given the option to file a single, joint return. (AI image) Pre-budget suggestions are pouring in, in the North Block. As the government gears up to present the 2026 budget, one proposal stands out for its potential impact on millions of households: optional joint taxation for married couples. It…

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