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New Delhi, March 31 (SocialNews.XYZ) As India approaches the new fiscal year FY27, the country's direct tax system is set for a major overhaul from April 1, 2026, with the new Income Tax Act, 2025, coming into force -- replacing the six-decade-old 1961 legislation and introducing changes in compliance, terminology and taxation. Major reform under the new framework is the replacement of the 'Financial Year' (FY) and 'Assessment Year' (AY) with a single 'tax year', which could simplify the filing ...Read More >

MUMBAI, March 30 (Reuters) - India's HDFC Bank (HDBK.NS), opens new tab delayed taking action against officials involved in the mis-selling of additional tier 1 bonds to investors in Dubai, Atanu Chakraborty, the former chairman of the lender told CNBC-TV18 in an interview broadcast on Monday. Chakraborty abruptly resigned from the bank's board earlier this month, citing differences over "values and ethics" and triggering a stock selloff and a damage control exercise by the lender. HDFC Bank t ...Read More >

New Delhi [India], March 29 (ANI): India could face pressure on remittances, the rupee and fiscal finances as the ongoing conflict in West Asia disrupts economic flows with the Gulf region, according to a report by SBI Funds Management. The report titled "2026 Middle East Conflict and Its Implications" highlighted that apart from higher crude prices, India's external sector and fiscal balances could come under strain through multiple channels. One key risk is a slowdown in remittances from the ...Read More >

Mumbai: A 29-year-old woman from Thane's Mumbra was cheated of Rs 6.75 lakh by a man posing as an NRI on a matrimonial site and an unknown woman who helped him. An FIR has been registered against the man and an unidentified woman who is believed to have assisted in the fraud. Here's What Happened The fraud reportedly took place between January and March 2026. According to a Hindustan Times report, the woman connected with the accused, identified as Adnan Ahmed, on a matrimonial site. The man c ...Read More >

New Delhi, Mar 2 (PTI) Amazon India on Monday announced 'Zero Referral fee' on more than 12.5 crore products, a move, the ecommerce giant said, aims to accelerate growth for lakhs of sellers across the country. Building on last year's fee revision, the company has expanded zero referral fees coverage more than 10-times from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800-plus categories, the company said in a release. In addition, Amazon has reduced Ea ...Read More >

New Delhi, Feb 2 (PTI) The Rashtriya Swayamsevak Sangh (RSS) on Monday called for peace in the world, saying battles should only happen for the good of humanity and truth, not for "selfish" reasons. Addressing an event here, RSS national publicity and media department head Sunil Ambekar also expressed concern over the safety of Indians stranded in various locations abroad due to the prevailing situation in West Asia. The senior RSS functionary's remarks came amid widening conflict in West Asia ...Read More >

Amethi (UP), Mar 2 (PTI) Several people, including four students, from Uttar Pradesh's Amethi are stranded in Iran amid the ongoing joint strikes by the United States and Israel, police said on Monday. They are all residents of Bhanauli village under the Musafirkhana area here, they said. According to police, the four students -- Kunail (18), Syed Imam Ali (20), Mohammad Aamir (25) and Taraheer Fatima (25) -- along with Sadaf (30), Musaithyab (35), Nusrat Hussain (55), and their families are s ...Read More >

GREATER NOIDA: The Uttar Pradesh government has signed three MoUs worth ₹6,650 cr on the first day of chief minister Yogi Adityanath's Singapore visit, the Yamuna Expressway Industrial Development Authority (Yeida) said on Monday. The CM is undertaking a four-day visit to Singapore and Japan till February 26. He will be in Singapore till February 24. Together, the projects are expected to create over 20,000 employment opportunities across housing, logistics and digital infrastructure, said Ut ...Read More >

CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the de ...Read More >

Singapore/Lucknow, Feb 23 (PTI): Singaporean companies will scale up their presence in Uttar Pradesh, Prime Minister Lawrence Wong emphasised after he met Chief Minister Yogi Adityanath on Monday and the Indian leader secured investment pledges amounting to Rs 6,650 crore on the first day of his visit to the Southeast Asian nation. Companies from his country were investing in Uttar Pradesh in various sectors, particularly logistics, connectivity, and infrastructure development, and there was po ...Read More >

Bengaluru, Feb 16 (PTI) The family of a 22-year-old Indian postgraduate student, who was found dead in the US days after he went missing, is still struggling to come to terms with the fact he is no more. They want to visit Berkeley personally to collect the body of Saketh Sreenivasaiah and urge the authorities to speed up the probe. Saketh Sreenivasaiah, a student at the University of California, Berkeley, hailing from Karnataka, had been missing since February 9. "They are unable to believe ...Read More >

PM Modi is in Oman for a 2-day visit marking 70 years of India-Oman ties. The trip's central focus is the Comprehensive Economic Partnership Agreement (CEPA), a trade pact expected to double bilateral trade and boost energy and food security. In the third and final leg of his three-nation visit, Prime Minister Narendra Modi will visit Oman on December 17-18. This trip, which marks 70 years since the establishment of diplomatic ties between India and Oman, focuses on strengthening business and s ...Read More >
NEW DELHI: The Bharatiya Janata Party (BJP) on Wednesday criticised Lok Sabha leader of opposition Rahul Gandhi for his remarks on India's manufacturing sector during his visit to Germany, accusing him of "insulting India from foreign soil" at a time when Parliament is in session. BJP MP Sambit Patra said the LoP carries a "huge responsibility" and needs to behave in a "responsible manner", especially while travelling abroad. "LoP has a huge responsibility. The LoP has to behave in a really resp ...Read More >

Mumbai, December 17, 2025: In a strategic move to enhance banking for Non-Resident Indians (NRIs), IDFC FIRST Bank has announced the launch of its 'IDFC FIRST Global Savings Account in USD and Euro' through the GIFT City branch in Gujarat. This innovative product aims to redefine how NRIs manage their finances by offering an account that facilitates operations in foreign currencies. Notable features include zero remittance fees, attractive interest rates, and seamless digital transfers worldwid ...Read More >
NEW DELHI: Prime Minister Narendra Modi arrived in Addis Ababa on Tuesday for a two-day state visit to Ethiopia at the invitation of Prime Minister Abiy Ahmed Ali. In a rare gesture, the Ethiopian leader personally received Prime Minister Modi at the airport and took him to his hotel, reflecting the warmth of bilateral relations. The Nobel Peace Prize-winning leader also took Prime Minister Modi on an unscheduled visit to the Science Museum and Friendship Park, highlighting the importance Ethio ...Read More >

New Delhi [India], December 17 (ANI): In the third and final leg of his three-nation visit, Prime Minister Narendra Modi will visit Oman on December 17-18. This trip, which marks 70 years since the establishment of diplomatic ties between India and Oman, focuses on strengthening business and strategic relations between the two countries. Industry experts point to the Comprehensive Economic Partnership Agreement (CEPA) as the central point of discussion. The proposed CEPA, a major trade agreemen ...Read More >

New Delhi [India], December 17 (ANI): In the third and final leg of his three-nation visit, Prime Minister Narendra Modi will visit Oman on December 17-18. This trip, which marks 70 years since the establishment of diplomatic ties between India and Oman, focuses on strengthening business and strategic relations between the two countries. Industry experts point to the Comprehensive Economic Partnership Agreement (CEPA) as the central point of discussion. The proposed CEPA, a major trade agreemen ...Read More >
Prime Minister Narendra Modi met King Abdullah II in Amman. They discussed countering terrorism and extremism. Both leaders highlighted Jordan's strong stance against radicalization. They also spoke about Gaza and the need for regional peace. Agreements and MoUs were signed to boost cooperation. Business partnerships and investments were also explored. Prime Minister Narendra Modi on Monday met Jordan's King Abdullah II ibn Al Hussein at the Husseiniya Palace in Amman and discussed measures to ...Read More >
Hyderabad: Telangana high court will continue hearing on Tuesday a petition filed by C Vinay Kumar, challenging Greater Hyderabad Municipal Corporation's (GHMC) preliminary notification for ward delimitation. Justice B Vijaysen Reddy, who heard the matter on Monday, while prima facie observing that the contentions raised by the petitioner will be rejected, posted it to Tuesday for further hearing,The petitioner, a resident of Chikkadpally, objected to the proposed merger of certain houses from t ...Read More >

NEW DELHI, Dec 15: Prime Minister Narendra Modi on Monday embarked on a visit to Jordan, Ethiopia and Oman -- countries which enjoy civilizational ties and exceptional bilateral relations with India. "First, I will be visiting Jordan, on the invitation of His Majesty King Abdullah II ibn Al Hussein. This historic visit will mark 75 years of establishment of diplomatic relations between our two countries," the prime minister said in his departure statement. Modi will hold detailed discussions w ...Read More >
India's economic future depends on strong investment. The Confederation of Indian Industry (CII) proposes the Union Budget 2026-27 boost public spending and private sector investment. CII suggests tax credits and easier compliance for businesses. They also recommend attracting foreign capital through an NRI Investment Promotion Fund. Simpler borrowing rules and a single-window system for foreign investments are also key. India's next phase of economic growth will depend on steady and strong inv ...Read More >

New Delhi, Dec 14 (PTI) Industry lobby CII has proposed a comprehensive set of reforms for the forthcoming Union Budget 2026-27 to drive sustained investment growth spanning public, private, and foreign investments and maintain India's momentum as one of the world's fastest-growing major economies. The Confederation of Indian Industry (CII) suggested increasing central capital expenditure by 12 per cent and capex support to states by 10 per cent in FY27; launching a Rs 150 lakh crore National I ...Read More >

New Delhi: Minority Affairs Minister Kiren Rijiju has signed the bilateral Hajj Agreement in Jeddah, with the country's quota for India confirmed at 175,025 for the pilgrimage in 2026. Rijiju, who was on an official visit to Saudi Arabia from November 7 to 9, held a bilateral meeting with the Saudi Minister of Hajj and Umrah, Tawfiq bin Fawzan Al Rabiah, in Jeddah on Sunday. During the meeting, both ministers reviewed the ongoing Hajj preparations, discussed measures to enhance coordination an ...Read More >
There's a variety in how each city is performing. While cities like Delhi-NCR and Chennai have already achieved a large portion of last year's total sales value in just six months, the Mumbai Metropolitan Region appears to be lagging. India's real estate narrative is evolving, as even though the number of homes sold is sluggish, the aggregate value of those transactions is climbing to new heights. Despite global economic pressures, such as commodity volatility and elevated interest rates, fresh ...Read More >

Tiruppur (Tamil Nadu) [India], October 29 (ANI): Vice-President CP Radhakrishnan on Wednesday visited his hometown Tiruppur for the first time after assuming office. During his maiden visit to Tamil Nadu as Vice-President, Radhakrishnan offered prayers at various temples in Tiruppur. In a post shared on X, the Vice-President of India said, "Hon'ble Vice-President Shri C. P. Radhakrishnan offered prayers at temples in his hometown, Tiruppur, during his maiden visit to Tamil Nadu after assuming o ...Read More >
Patna: The Bihar assembly election has transcended state and national boundaries, finding mention not just among the Indian diaspora abroad but also among artists in the United States.In one such instance, BJP candidate and folk singer Maithili Thakur, contesting from the Alinagar assembly constituency in Darbhanga district against RJD's Vinod Mishra, has received warm wishes from American singer and long-time admirer of India, Mary Millben.Maithili on Monday expressed gratitude to Millben for e ...Read More >

Abu Dhabi Indian Winner: Anilkumar Bolla Madhavrao Bolla, a 29-year-old Indian expatriate living in Abu Dhabi, made a fortune on a day when he made history in the UAE lottery. He was declared the winner of the country's first 100 million dirham jackpot -- the largest prize ever. The UAE Lottery announced Anilkumar's incredible win in an official video released on Monday. The draw was held on October 18th during the 23rd edition of the "Lucky Day" event. According to reports, he achieved this im ...Read More >

The tri-service all-women expedition 'Samudra Pradakshina' featuring nine officers began its global journey aboard IASV Triveni. Arriving in Fremantle, it demonstrates Indian women's leadership in armed forces and aims to strengthen India's maritime diplomacy. The yacht, symbolizing Atmanirbhar Bharat, will tackle challenges over nine months across 26,000 nautical miles. The Indian Army Sailing Vessel (IASV) Triveni embarked on a pioneering journey as part of the 'Samudra Pradakshina', the worl ...Read More >

Addressing a gathering of Indian diaspora earlier, he said his presence at the swearing-in ceremony underscored India's "steadfast support for the government and people of Seychelles". Vice-President C P Radhakrishnan attended the swearing-in ceremony of the President of Seychelles, Dr Patrick Herminie, in Victoria, Seychelles on Sunday on behalf of India. In a post on X, the V-P's office said he had conveyed his greetings and best wishes to the new President on behalf of the government and pe ...Read More >
Amritsar: Indians are increasingly being perceived as "careless" drivers, causing accidents and contributing to "festival littering", which is giving the community a bad name in the US and Canada and raising concerns about their image.After two fatal truck accidents involving Sikh drivers that left six Americans dead, tensions are rising as US society grapples with how it identifies the Sikhs and the larger Indian community.The tragic incidents sparked new debates about blame and responsibility, ...Read More >
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