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new tax regime has become even more alluring after the personal income tax amendments in Budget 2025. However, this shift comes with a price — the inability to claim deductions on investments that save taxes. For investors who primarily invested in Section 80C instruments to avail tax benefits, the shift to the new tax regime presents an important dilemma—should they continue with these investments or discontinue them altogether? While the new tax regime eliminates the advantage of deductions, discontinuing certain investments like Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), and National Pension System (NPS) without careful consideration can have unintended consequences. Also read: NSC vs bank FDs: Which is a better tax saving option?

Subscribe to enjoy similar stories. It seems like yesterday that we, as advocates for a sustainable economy, had the wind in our sails. At the 2021 United Nations climate change conference in Glasgow, many of the world’s largest asset managers, banks and insurers pledged to decarbonize their investment portfolios, loans and insurance policies in line with the Paris Agreement.

Zydus Pharmaceuticals are recalling products in the US market due to manufacturing issues, according to the US Food and Drug Administration (USFDA). The New Jersey-based Sun Pharmaceutical Industries, Inc is recalling 9,840 bottles of Morphine Sulfate extended-release tablets for «Failed Dissolution Specifications», the US health regulator stated in its latest Enforcement Report. The company initiated the Class II nationwide (US) recall on February 6, 2025. USFDA stated that Zydus Pharmaceuticals (USA) Inc is recalling a lot of Nelarabine Injection, used in the treatment of certain cancers, in the US.

The bill, passed by the House with rare GOP unity, funds the government until September but omits safeguards against Trump’s unilateral agency closures and budget slashing. Progressive lawmakers like Alexandria Ocasio-Cortez and Ro Khanna slammed Schumer’s pivot as a betrayal, arguing it surrenders congressional oversight and empowers Trump’s austerity agenda. The legislation mandates $1 billion cuts to Washington, DC, risking layoffs for teachers and police, while past shutdowns saw federal workers furloughed and services disrupted. Schumer defended his decision, claiming a shutdown would grant Trump unchecked authority to define “essential” operations, though critics like Sen. Chris Van Hollen argue the bill still enables executive overreach. With Democrats divided, the move highlights tensions over balancing fiscal responsibility with resisting Trump’s dismantling of federal programs, as the administration continues sidelining agencies like Social Security without congressional input.

Subscribe to enjoy similar stories. Asset management companies have been major beneficiaries of India’s rising equity penetration since the pandemic years. These stocks have delivered strong returns over the past two years and their assets under management (AUM) have surged more than 200% over the previous five years.

Subscribe to enjoy similar stories. India's judiciary is grappling with the unintended consequences of live-streamed court cases as short, often out-of-context, clips go viral on social media, fuelling misinformation. And that has reignited the debate whether the proceedings should be shared live online at all.

Meghalaya Chief Minister Conrad Sangma on Thursday mentioned that poor air quality in Byrnihat “may be attributed to industrial and other activities along the Assam side.” Recently, the World Air Quality Report 2024 released by Swiss air quality technology company IQAir has named Byrnihat as the world’s most polluted town. In a suo moto statement in the Assembly, Sangma said Byrnihat’s (Meghalaya) air quality has been found “satisfactory” by the Meghalaya State Pollution Control Board (MSPCB). He said, “out that as per data generated from the four manual ambient air quality monitoring stations of the Meghalaya State Pollution Control Board (MSPCB) located at Byrnihat town, the annual average PM2.5 concentration for 2024 is 50.1 microgram per cubic meter (µg/m3). Further, as per MSPCB’s data from January to March (first week),2025, the overall Air Quality Index (AQI) of Byrnihat was observed to be ‘Satisfactory.” He added, “The MSPCB conducted surprise inspections at industrial units in EPIP and 13th Mile on 24th, 27th, and 31st January 2025, and 5th February 2025.

JSW Energy will remain in focus on Thursday, March 13, after the company’s subsidiary JSW Neo Energy has entered into a share purchase agreement (SPA) for a 100% stake acquisition of Virya Infrapower Private Limited. Post this acquisition, Virya Infrapower will become a step-down subsidiary of the company.

Reliance Jio and Bharti Airtel were the only telecom operators to see net subscriber additions in December, while state-run Bharat Sanchar Nigam Ltd (BSNL) and cash-strapped Vodafone Idea (Vi) continued losing subscribers, showed data issued by the Telecom Regulatory Authority of India (Trai) on Tuesday. Jio added 3.9 million customers in December, while Bharti Airtel reversed its trend of customer loss to add 1.03 million wireless subscribers, the data showed. In the same period, Vi lost 1.7 million users, while BSNL's subscriber base declined by 0.32 million (320,000) after three straight months of subscriber additions till October after tariff hikes by private telcos.

Malayalam cinema takes the spotlight with Oru Jaathi Jathakam, a romantic comedy starring Vineeth Sreenivasan, and Rekhachithram, a gripping mystery thriller led by Asif Ali. Telugu audiences can dive into Ramam Raghavam, an intense drama exploring family conflicts. Meanwhile, Ponman offers a dark comedy twist on financial struggles. For food lovers, Chef Mantra Season 2 returns with celebrity culinary battles, adding a flavorful touch to the week’s entertainment lineup.

Have you ever reached for your phone after hearing a notification, only to realize there wasn’t one? Or felt an odd sense of anxiety when your phone was out of reach? If so, you might be more conditioned than you think. A recent study suggests that our addiction to smartphones mirrors Ivan Pavlov’s famous experiment on dogs—where a simple bell trained them to salivate, much like our brains now respond to the ping of a notification.

Subscribe to enjoy similar stories. When Donald Trump takes office on January 20th, deportations will be a priority. The president-elect has promised the biggest removals in American history, with workplace raids and the revocation of parole programmes.

Tamil Nadu, Union Minister Sukanta Majumdar clarified that in the three-language formula, the emphasis was on the mother tongue. Sukanta Majumdar said, «In the three-language formula, first, you have to choose your mother tongue, and the central government is insisting on promoting education in the mother tongue. In the three-language formula, the first choice is the mother tongue, the second choice is English, and the third is any one language from the list of 22 languages. »If Tamil people have some animosity or allergy to Hindi they have other languges. They can select Bengali, they can slect Telugu, they can select Malayalam. South Indina languages they can select from the list of the 22. Who have asked them to select nothing but Hindi. So this is nothing but a political war. We are pressurizing the states to start education in their mother tongue."

The statistics also indicated that the unemployment level rose to 4.1 percent from 4 per cent last month. In spite of fears about federal job reductions, especially with the cuts within the Department of Government Efficiency (DOGE), economists believe that the labour market is still holding strong. The cuts with DOGE had resulted in the loss of 10,000 government positions.

Are you a landlord who earns rental income from commercial properties? If your earnings cross a certain threshold a year, you may have to register for the Goods and Services Tax (GST) and start charging tax on rent. 

The bench was considering a legal question on Section 319 of the Code of Criminal Procedure (CrPC). Section 319 of the CrPC empowers the court to proceed against other persons appearing to be guilty of offence if it comes to light during the inquiry or trial that the person, who is not named as an accused, has committed the offence.

NATO member states’ troops being deployed and have stated that such a move will result in catastrophic losses for European forces.

Subscribe to enjoy similar stories. With tariffs poised to take effect on Tuesday on products from Canada and Mexico, plus threats of levies on imports from the European Union, one thing is clear: President Donald Trump likes the number 25. All of those tariffs are set at 25%, assuming no last-minute deal to lower them.

Saba originally submitted a requisition for a second general meeting at CYN on 12 February as part of its second round of investment trust activism, with CYN one of two vehicles targeted by the Manhattan-based activist in both its ‘Plan A' and ‘Plan B' campaigns.  However, the trust's board revealed today (3 March) that it has engaged in constructive conversations with Saba and the hedge fund has consequently agreed to withdraw its request for a general meeting so that the board and its advisers can carry out a strategic review.  Saba Capital launches next round of trust activism targ...

Subscribe to enjoy similar stories. Last week’s Trump-Vance-Zelensky train wreck proved that the North Atlantic Treaty Organization is on increasingly shaky ground. Starting with Donald Trump’s Feb.

Subscribe to enjoy similar stories. Being ‘not China’ may have been the easy part. A big manufacturing pitch in several Asian economies was that they enjoyed cordial relations with Beijing and solid historical ties to the US.