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—Name withheld on request. I am assuming that you qualify as a non-resident (‘NR’) in India, as per the relevant income tax provisions, and also that you do not qualify as a deemed resident of India under the relevant income tax provisions. Units of mutual fund qualify as capital assets, and any gain or loss arising on account of transfer of such mutual fund units qualifies as a capital gain or loss for tax purposes.

Kate Winslet’s star turn, her lisping petulance recalls Veruca Salt, the spoiled brat in “Charlie and the Chocolate Factory". Elena’s antics, amours and annexations are chronicled in “The Regime", a satirical drama out now in America and in Britain soon. It is a silly TV show that makes serious points about autocracy.

Peeled to the core: Onion export bans distort markets “We received a request from MEA for export of non-basmati rice and onion to Mauritius and Qatar," the official said, who did not wish to be identified. "Although it recommended 24,000 tonnes of non-basmati rice to supply to Mauritius and 15,000 tonnes of onions over the next two months to Qatar, the committee decided to export 14,000 tonnes of non-basmati rice to Mauritius, and 7,500 tonnes of onions to Qatar through NCEL.

Single Dad Lockdown and published in the Tiny Love Stories section of the New York Times, the snippet was a masterclass in how much—rhythm, tension, emotion and catharsis—could be packed into barely a paragraph. Now, in his debut collection Leech & Other Stories, Adiga builds on his remarkable skill.

Mumbai: Bollywood actor Ayushmann Khurrana encouraged young voters to participate in large numbers for the Lok Sabha polls in Maharashtra. The Election Commission of India (ECI) enlisted Khurrana to encourage young voters to participate in large numbers in the upcoming elections. The ECI's initiative aims to maximise voter turnout and ensure citizens exercise their democratic right to vote in choosing their representatives.

NEW DELHI : With discounts on Russian crude oil dwindling, India, in a first such effort, has brought together state-owned and private oil refiners to jointly negotiate for higher discounts and better terms with Russian suppliers, including Russia’s largest oil company Rosneft PJSC. The government-led joint sourcing strategy involves leveraging India’s position as the world’s third-largest crude oil buyer to get better discounts on Russian oil, which have dropped to about $3 per barrel from a high of $10 earlier, said two people aware of the development. The calibrated strategy—involving Indian Oil Corp.

90 seconds to midnight last year, up from 120 seconds in 2019. War remains an immediate existential threat. But, unfortunately, it has got overshadowed by climate change in terms of global awareness and activism.

₹1,959 crore was paid as visa fees for the 1.4 million US visitor and work visas processed across consulates in India in 2023. Additionally, the average waiting time for visitor visa appointments was 250 days. Passport strength is closely connected to the business environment, especially for the high-ranked countries.

Bank of Maharashtra recorded the highest growth rate last fiscal in terms of total business and deposit mobilisation among public sector lenders at a time when most banks are facing difficulty in achieving double-digit growth. The Pune-headquartered lender has registered a 15.94 per cent rise in the total business (domestic) in FY24, followed by the country's largest lender State Bank of India (SBI) with 13.12 per cent growth, according to published financial numbers of the public sector banks (PSBs). However, SBI's total business (deposit and advances) was about 16.7 times higher at Rs 79,52,784 crore compared to Rs 4,74,411 crore of Bank of Maharashtra (BoM) in absolute terms. Similarly, BoM continued to maintain its top spot in terms of growth in deposit mobilisation, with a 15.66 per cent rise in FY24. It was followed by SBI (11.07 per cent), Bank of India (11.05 per cent) and Canara Bank (10.98 per cent).

WASHINGTON—As court adjourned for lunch Tuesday in Donald Trump’s hush-money trial, the former president’s lawyers, family and friends poured into the court’s holding room for some of New York City’s finest pizza. North Dakota Gov. Doug Burgum, among them, popped in and out to defend Trump in front of news cameras.

Red Hat sees India as among the world's high-growing markets, and the country's expanding enterprise base and technical innovation capabilities offer exciting prospects for the IBM-owned company, its CEO Matt Hicks has said. Weighing in on the larger debate of AI and its impact on tech sector jobs and salaries, Hicks told PTI that artificial intelligence, «if done well», will trigger massive value creation and spawn new industries beyond anyone's imagination. Red Hat — the enterprise open-source solutions company that IBM bought in 2019 for about USD 35 billion, marking its biggest acquisition ever — is working with a «great» foundation base in India and is at an exciting point where the company is amplifying capabilities with technology roles.

warships docked on Sunday at a commercial port in Cambodia, in preparation for joint naval exercises between the two countries. The Jingangshan amphibious warfare ship and Qijiguang training ship sailed in to the Sihanoukville Port as onlookers waved Cambodian and Chinese flags from the piers. The port is north of the Ream Naval Base, where China has funded a broad expansion project that has been carefully watched by the United States and others over concerns it could become a new outpost for the Chinese navy on the Gulf of Thailand. The Gulf is adjacent to the South China Sea, which China claims virtually in its entirety, and would give easy access to the Malacca Strait, one of the most important shipping lanes in the world.

gold in the last one week has been -1.36% .whereas in the last month it has been 0.44%. The cost of silver is Rs.86630.0 per kg up by Rs.170.0 per kg. Gold Price Today in Delhi is ₹75364.0/10 grams.

south appears to be at the vanguard of a broader demand recovery in post-Covid India, with the five states that lead in several socio-economic metrics registering healthier sales of both discretionary and fast-moving consumer goods (FMCG) in comparison with the rest of the country. Global consumer research firm Kantar's latest report showed consumers in the south spent the highest on FMCG products, with an additional ₹2,261 spent per person on an average in 2023, compared with 2022. It also said the total number of shopping trips nearly doubled in 2023 from the previous year, with an exponential 185% growth in FMCG pack purchases. The data is for Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana.

economic adviser V Anantha Nageswaran on Saturday called on the industry to reciprocate the government's deregulation bid with concrete action on improving the quality of products and earning consumer trust, stressing that «it takes two to strike a bargain for society to advance.» «It's one thing to ask the government to deregulate to simplify rules and decriminalise rules; but it's another thing to reciprocate that action with trust and better quality as well,» the CEA said at a Confederation of Indian Industry event. Flagging reports of Indian automobiles failing safety standards, and of misleading labelling on food products, he said the industry has to make a compact with society as well.

Campaigning concluded on Saturday for the fifth phase of Lok Sabha polls covering 49 constituencies in six states and two UTs including the high-profile Rae Bareli and Amethi seats from where former Congress president Rahul Gandhi and Union Minister Smriti Irani are in the fray respectively. In Jammu and Kashmir's Baramulla, former chief minister Omar Abdullah, who is among 22 candidates in the fray, held a roadshow in Soibugh — a central Kashmir village that was once a hotbed of militancy- on the last day of campaigning. While temperatures soared across the country, there was no let up in the campaign heat as the Lok Sabha election season entered the last fortnight. The Election Commission on Tuesday said it expects star campaigners, particularly of the national parties, to lead by example in the remaining three phases of the Lok Sabha polls and not vitiate the delicate fabric of society. With over 40 of these seats with the National Democratic Alliance (NDA), Prime Minister Narendra and other BJP leaders tried to fend off the challenge posed by the INDIA bloc parties by raising the pitch on issues of appeasement, dynastic politics, Ram temple, Citizenship Amendment Act (CAA), corruption and welfare initiatives taken by his government.

CBS, the story of ‘Fire Country’, revolves around an individual who works in the fire department. He tries to gain credibility even as he is jailed. Will he be able to attain the confidence of his employers and confess his feelings to that ‘special person’? In an interview with 'Collider', Max Thieriot who plays the lead role explains the story of Season 2 and what fans can expect in the third season or Season 3.

Himanta Biswa Sarma on Saturday said grand temples would be built in Varanasi and Mathura and the Uniform Civil Code would be implemented if the NDA returns to power by winning over 400 Lok Sabha seats. He said the NDA, under the leadership of Prime Minister Narendra Modi, will ensure that Pakistan occupied Kashmir, which is an integral part of India, returns to the country. Addressing election rallies in Muzaffarpur and Siwan Lok Sabha seats, Sarma said, «We will implement UCC, build a temple on Krishna Janmabhoomi premises in Mathura and establish Kashi Vishwanath temple in place of Gyanvapi Mosque in Varanasi, besides ensuring that PoK returns to India, after winning over 400 seats.» Hitting out at the Congress and its allies, Sarma said, «Rahul Gandhi and Lalu Prasad did not attend the consecration of Ram Mandir. They want to send Ram Lalla back to the tent. We must not let this happen.»

Indian spice-mix products of MDH and Everest on Friday due to quality issues, following in the footsteps of Hong Kong and Singapore. Nepal’s Department of Food Technology and Quality reported that the ban is due to the suspicion of ethylene oxide contamination. The banned spices include madras curry powder, sambhar mixed masala powder, mixed masala curry powder of MDH, and fish curry masala of Everest. The importers and traders are requested to recall these products from the Nepalese market. “As residue contents of ethylene oxide are found to be exceeding the prescribed limit in these four products, the import and sale of these products are banned within the country as per Article 19 of the Food Regulation 2027 B.S.,” Nepal's Department of Food Technology and Quality Control, in a notice said.

Manipur, the Mizoram government is likely to initiate biometric enrolment for refugees from Myanmar. People from Myanmar continue to come to Mizoram since the military junta seized power in the nation on February 1, 2021. At least 34,350 people including women, elderly people and children from the neighbouring country took shelter in 11 districts of Mizoram. A senior official in the Mizoram government who does not want to be named told ET, “Chief Minister Lalduhoma, during a meeting with the leaders of NGO Young Mizo Association (CYMA), indicated the state government’s plan for biometric enrolment for refugees”.

shipping ministry is working to shift to an 80 per cent landlord model by the end of this decade to increase efficiency and reduce logistics costs at major ports, a senior government said on Saturday. In the landlord model, private players take over the operational aspects, while the port authority acts as a regulator and landlord. Speaking at CII Annual Business Summit 2024, Ports, Shipping and Waterways Secretary TK Ramachandran said Jawaharlal Nehru Port (JNPT) has become the first major port of the country to become 100 per cent landlord port, having all berths being operated on PPP model. The PPP (public-private partnership) model is considered an effective tool for attracting investment in the port sector.