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With the new tax regime now the default option, many taxpayers are discovering that the choice between the old and new regimes is no longer a routine filing decision but one that can significantly impact their tax outgo.Even as the government nudges taxpayers towards a simpler, exemption-light system, many taxpayers continue to opt for the…
India’s economy continues to expand at a robust pace, supported by strong domestic demand, low inflation and healthy bank balance sheets, even as risks from unsecured lending, fintech exposure, external uncertainties and stablecoins persist, the Reserve Bank of India said in its December 2025 Financial Stability Report (FSR), PTI reported.The report said the domestic financial…
Nvidia has invested $5 billion in Intel, acquiring a significant stake. This strategic partnership aims to bolster Intel’s struggling market position by leveraging its manufacturing capabilities for custom x86 CPUs and PC chips. The deal signifies a crucial step in Intel’s turnaround, offering much-needed capital and industry validation. Nvidia closed its $5 billion investment in…
Four peddlers, one consumer arrested in Telangana drug bust HYDERABAD: The Hyderabad Narcotics Enforcement Wing (H-NEW) arrested four people, including three alleged drug peddlers, for their involvement in a drug network.H-NEW officials said the accused — Ummidi Immanuel, an event manager from Kondapur; Sushmitha Devi, a software professional at a prominent firm; and G Sai…
Shane McMahon and Marissa Mazzola-McMahon (Image Source: Getty) Shane McMahon and Marissa Mazzola-McMahon, who both served as WWE Producer/Director, are worth a combined $650 million, the result of decades spent near one of sports entertainment’s most influential families and a carefully curated soon-to-branch portfolio beyond the ring. Shane, as a key McMahon heir, has had…
Trump has promised that construction will begin almost immediately and that the first ships could arrive within two and a half years. TL;DR: Driving the newsPresident Donald Trump announced plans for a new “Trump-class” warship-colossal missile-heavy battleships that he says will form the centerpiece of a newly envisioned Golden Fleet for the US Navy. The…
Legendary investor Michael Burry who is known for its 2008 financial prediction is back with another warning. Burry recently issued a stark warning on America’s artificial intelligence strategy. In a series of posts shared on social media platform X (formerly known as Twitter), Burry argued that the US is structurally disadvantaged in the AI race…
Cops raid Satadru home, find pool, terrace football ground KOLKATA: A swimming pool on one level, a soccer ground on the terrace and an expansive office: These were the findings that greeted the special investigating team (SIT), probing the mismanagement at the Lionel Messi event at the Salt Lake stadium, as the cops raided chief…
Driving the news While the political headlines from the Winter Session focused on the usual parliamentary theatrics, Parliament quietly passed a legislative package that fundamentally alters the DNA of your personal finances.In a matter of days, the rules governing how you insure your life, save for retirement, and invest in the market were rewritten. The…
IPL 2026 Auction Live Updates: Cameron Green could well emerge as the biggest beneficiary of the IPL mini-auction’s skewed demand-supply dynamics, particularly around seam-bowling all-rounders, when franchises gather today. With 77 slots to be filled and a cumulative purse of Rs 237.55 crore, teams with money to spend are expected to dictate the tempo, while…
