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With limited time between games, both teams are focused on rest, recovery, and strategic planning for this critical encounter. India has smoothly transitioned from the challenging conditions in the USA to the familiar terrain of the West Indies, securing a comfortable 47-run victory over Afghanistan in their first Super Eight game in Barbados.

inflation has reduced the purchasing power of Rs 100 over the years. So why should you pay income tax on long-term capital gains without factoring in inflation? Rather than inflationary gain, it is fair to pay income tax only on real gain. This is why the Income Tax law allows you to take advantage of indexation. It helps you to get a discount for inflation over the current price of the asset and get the inflation-adjusted present value of your capital gains. «Indexation is a mechanism which is used to adjust the current price of a capital asset to reflect the effect of inflation on it in comparison to the date of its actual purchase. With the help of indexation, one can lower the Long-Term Capital Gain (LTCG) and corresponding tax applicable on it at the time of sale of such capital asset,» says Daizy Chawla, Managing Partner, S&A Law Offices. So, you must use indexation to your advantage and pay a lower long-term capital gains tax. However, do note that this benefit is not available for every capital asset.

Mumbai, India's financial powerhouse, is a magnet for real estate investors aiming for high returns. Within this dynamic market, luxury real estate stands out as a particularly lucrative investment. Here’s why putting your money into Mumbai’s luxury properties is a smart move.

health ministry reported that 143 people across India had succumbed to heatstroke this summer, based on confirmed data from states as of June 20. However, numbers collected by TOI from state governments indicate 209 confirmed heat-related deaths, in addition to 239 suspected deaths, totaling 448 confirmed and suspected fatalities this season. The health ministry's data shows Uttar Pradesh recorded the highest number of such deaths at 35, followed by Delhi with 21 deaths. Rajasthan and Odisha each reported 17 fatalities due to heatstroke. Ministry sources suggest that the death toll may increase as investigations into some suspected heatstroke-related deaths are ongoing. According to TOI's data, Delhi has recorded 76 heat-related deaths so far, marking the highest confirmed toll in the country. These figures were compiled from various government hospitals in the capital. Uttar Pradesh's Relief Commissioner Office reported 51 confirmed heat-related deaths, with an additional 65 suspected heat-related fatalities, including 51 in Ghaziabad district and 14 in Noida district.

Nancy Pelosi's husband was convicted Friday of aggravated kidnapping, a conviction that mandates life behind bars without the possibility of parole. A San Francisco jury found David DePape also guilty of first-degree burglary, false imprisonment of an elder, threatening a family member of a public official and dissuading a witness.

University-level basketball championships is increasing by the day. Nowadays, team managers and the players are trying to leave no stones unturned to give their teams an edge, be it however they can. Now, Florida Gators, a team that represents University of Florida at NCAA, has roped in the tallest teenage basketball player ever, breaking all records. Olivier Rioux shatters all teenage basketball records

Also Read: Suryakumar Yadav - Jasprit Bumrah power India to 47-run victory. Rohit says ‘ we had class bowlers’India has won the last four times it has faced Bangladesh in the T20 format and has lost only once in the duo’s entire T20 match history. The match comes one rest day after India crushed Afghanistan, winning by 43 runs and showcasing its unbeaten form.

Wall Street's climb to record highs has come with conspicuously little volatility.

Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks ago, according to one of the lenders involved.

In its annual results published today (21 June), the trust's NAV dropped to £751.2m in the year ending 31 March 2024, down from £814.6m recorded a year before. Similarly, NAV per share was down to 113.6p from 123.1p. However, JLEN attributed the fall to dividend payments to shareholders, which were «in line» with the trust's target.  The drop in NAV came on the back of lower power price forecasts, a change in outlook for battery revenues and increases in discount rates. As a result, the trust will face a discontinuation vote at the upcoming annual general meeting in September, when th...

The ongoing artificial intelligence frenzy that briefly made Nvidia Corp. the world’s most valuable company this week also drove record inflows into tech funds, said Bank of America Corp. strategists.

The number of RIAs reached a new record high in 2023, with 15,396 registered with the SEC, up from 15,114 in 2022 which was the previous all-time high.  It was the 12th consecutive year of growth.

forex reserves contracted by $2.92 billion to $652.9 billion as of June 14, data shared by the Reserve Bank of India showed on Friday. Previously, forex reserves surged by $24.3 billion to a record high of $655.8 billion, for the week ended on June 7. According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) decreased by $2.1 billion to $574.2 billion. Expressed in dollar terms, the FCAs include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

According to the Office for National Statistics, retail sales volumes increased by 2.9% in May, up from 1.8% recorded a month before (revised from 2.3%). Over the year to May, sales rose by 1.3%, however, they remained 0.5% below their pre-COVID levels in February 2020. The largest monthly increase came from non-store sales – comprising mostly online retailers, but also stalls and markets – which rose by 5.9%, mostly on the back of strong clothing and other non-food sales. Textile, clothing and footwear retailers came second, registering a 5.4% increase from the previous month, follow...

₹1,672.85 against its previous close of ₹1,669.35 but soon fell about 1.5 per cent to the level of ₹1,644.85 on profit booking.Market benchmark Nifty 50 also erased all gains and declined by 0.3 per cent after hitting a fresh record high of 23,667.10.The HDFC Bank share price has gained nearly 7 per cent in the last seven sessions. However, the stock's last one-year performance has been quite sombre.

Time Technoplast, a leading manufacturer of polymer products, saw its shares surge by 12.7% in early trade today, reaching a new all-time high of ₹335 apiece. This rally followed the company's announcement that it had received final approval from the Petroleum and Explosives Safety Organization (PESO) for the manufacturing and supply of high-pressure Type-IV composite cylinders for hydrogen.In mid-March, the company had secured prototype approval for these high-pressure Type-IV composite cylinders from PESO.

Australia on Friday. Cummins' 3 wickets came at a crucial stage in the match and ensured Bangladesh failed to cross the 150-run mark.Cummins took his first two wickets with the last two deliveries of the 18th over, while his final scalp came with the first ball of the 20th over.

Yoga, a tradition originating from India over 5,000 years ago, is a practice that combines physical, mental, and spiritual disciplines to achieve a harmonious balance between the body and mind. The word «yoga» is derived from the Sanskrit term meaning «to join» or «to unite,» symbolizing the union of body and consciousness.

heatwave to severe heatwave conditions have recently affected parts of Himachal Pradesh, Haryana, Chandigarh, and isolated areas of Uttarakhand and East Uttar Pradesh. Delhi and many parts of West Uttar Pradesh, as well as some parts of Punjab, have also experienced heatwave conditions, with temperatures soaring between 43-45°C. These temperatures were significantly above normal by 4-7°C in many parts of Northwest and East India, and north Madhya Pradesh. Warm night conditions were noted in isolated pockets of East Madhya Pradesh and North Rajasthan. The highest temperature recorded was 45.1°C in Kanpur (east Uttar Pradesh) on Wednesday.

Wall Street shares pulled back from record highs hit early on Thursday in sympathy with rallying overseas indexes, as Treasury yields shook off soft U.S. data and rose anticipating new supply next week. The dollar firmed, as higher U.S. yields widened differentials with non-dollar rates that are trending lower. It drew closer to the 160 yen area that prompted Tokyo to intervene in late April to support its currency.

Bharat Petroleum Corporation (BPCL) had announced June 22 as the record date for its 1:1 bonus share issuance. Today is the last day to buy shares to qualify for receiving the company's bonus shares. In May, BPCL announced that it would issue bonus shares to eligible shareholders in a 1:1 ratio. This means that for every share held, shareholders will receive one additional share in their Demat account.