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FIFA World Cup 2026 (Getty Images) NEW DELHI: In a major financial relief for participating nations, FIFA has approved more than $100 million in additional funding for teams ahead of the 2026 FIFA World Cup, citing rising costs of staging the global showpiece across North America.The decision was taken at a FIFA Council meeting in…
BENGALURU: A majority of Nvidia’s 10,000 India-based employees have received CEO Jensen Huang’s one-time special stock grant, with payouts ranging from over Rs 5 lakh to as much as Rs 1 crore over the grant period, according to data from US-based salary tracker 6figr. The “Jensen Special Grant,” rolled out in 2024, is a one-time…
Nepal’s tourism industry is facing one of its most serious controversies in years after police uncovered a $20 million insurance fraud scheme linked to Mount Everest trekking routes. Authorities say a network of guides, trekking agencies, helicopter operators and medical personnel worked together to exploit international travellers by deliberately inducing illness and orchestrating unnecessary emergency…
KOLKATA: Bengal CM Mamata Banerjee announced Sunday that her govt would pay Rs 10,000 crore in DA arrears to nine lakh state employees and pensioners from March and hike the monthly honorarium for Hindu priests and Muslim muezzins by Rs 500 to Rs 2,000, squeezing in both just before the model code of conduct kicked…
MUMBAI: A nationwide New Year’s Eve strike to protest low pay and lack of social security benefits elicited a mixed response from delivery workers even as app-based platforms offered festive bonuses in a bid to counter delayed service and manpower shortage. Most customers had no clue about the strike but several orders were inordinately delayed.Anticipating…
Markets regulator Sebi on Thursday rolled out a revised incentive framework for mutual fund distributors, offering additional payouts for bringing in first-time individual investors from B-30 cities and new women investors from any location.Designed to widen outreach and improve awareness, the new structure will take effect from February 1, 2026, Sebi said in a circular,…
Many taxpayers who completed their income tax return (ITR) weeks or even months ago are still waiting for their refunds despite the September 16, 2025 filing deadline having passed long ago. With bank accounts being checked daily, the tax department says the delays are tied to closer scrutiny of questionable deduction claims.Launching a taxpayers’ lounge…
The Income tax department is holding back a chunk of refund payments after detecting wrongful deduction claims in several high-value and system-red-flagged filings, CBDT Chairman Ravi Agrawal said on Monday, PTI reported. Legitimate refunds, he added, should be cleared “this month or by December”.Speaking to reporters on the sidelines of an event at Bharat Mandapam,…
Global equities are expected to generate strong long-term gains even though market valuations remain high, with Goldman Sachs forecasting an annualised return of 7.7 per cent in US Dollar terms over the next decade. The projection comes from the investment bank’s latest Global Strategy Paper titled Building Long-Term Returns: Our 10-Year Forecasts.According to news agency…
