NOT Financial News

In a collection of letters, FTX users around the globe have asked for their crypto assets instead of being reimbursed with US dollars.

ITAT), Mumbai bench, a taxpayer Mukesh Harilal Mehta had claimed section 54 deduction under the Income-tax Act, 1961 in his Income-tax (I-T) return for the financial year 2014-15. The tax tribunal ruled that this assertion cannot be refuted due to an error made by the builder in assigning the apartment. The builder mistakenly allocated the apartment purchased by the claimant to another buyer. However, acknowledging this mistake, the builder assigned a similarly positioned apartment in the same building to Mehta, according to a Times of India news report. Click here for your complete tax-saving guide Mehta fulfilled all the necessary conditions. However, during assessment, the Income Tax (I-T) officer rejected the claim, citing the absence of a registered sale deed as evidence for the purchase of the new flat, stated ToI. Moreover, the particulars of the new flat stated in the possession letter differed from the one towards which payment had been made. The Income Tax Appellate Tribunal concluded that denying the exemption was unwarranted since Mehta shouldn't be penalized for the builder's error in allotting the flat, stated the ToI news report.

When it comes to happiness worldwide, Canadians appear to be a pretty content bunch, according to the 2024 World Happiness Report.

By Ritsuko Shimizu

Adani Group stocks following Hindenburg Research’s scathing indictment was cutting against the grain — the cumulative value of the ports-to-power conglomerate’s stocks had nosedived more than $150 billion at one point — but GQG’s confidence capital at the nick of time helped soothe nerves while simultaneously raising eyebrows over the gumption of GQG’s founding chairman Rajiv Jain. Unknown to many, behind the scenes Jefferies was busy playing the match maker. Being the sole broker on India’s largest block trade (GQG’s $1.1 billion into Adani Power, as part of the larger $1.87 billion) thus became the breakout moment for Wall Street’s “challenger” investment bank Jefferies. When most other advisors were pulling back, Jefferies chose to pull out all stops for their client.

The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto power player in a letter to a federal judge, saying his claim that customers, lenders and investors were not harmed was callously false

Zomato's founder, Deepinder Goyal. He's been on a roll lately — whether for his stint on Shark Tank India Season 3 or for purchasing India's first Aston Martin DB12 supercar.

In 2016, the days from 6 March to 15 March were marked on the calendar for a much anticipated match-up between machine intelligence and human intelligence. AlphaGo, an artificial intelligence (AI) powered machine developed by DeepMind, took on Lee Sedol, the undisputed human champion of Go in a best-of-five-games contest. AlphaGo easily won the first game.

Madhya Pradesh Chief Minister Mohan Yadav on Wednesday claimed top leaders of Congress are not willing to contest Lok Sabha elections in any of the 29 constituencies in the state and said people will reject the opposition party which had questioned the existence of Lord Ram. Rajesh Mishra, the BJP nominee from Sidhi constituency, has become the first candidate in MP to file his nomination papers on the day the notification for the first phase of Lok Sabha elections was issued. «Congress has some tallest leaders in Madhya Pradesh but none of them is ready to contest the polls from 29 seats,» Yadav said while addressing a public meeting. In the first phase of elections, scheduled for April 19, polling will be held in six seats in MP.

India does not tolerate terrorism. The country also teaches lessons to those who threaten with terrorism. The world can see India's response against those who wounded us with terrorism,” said Prime Minister Narendra Modi at the CNN-News18 Rising Bharat Summit in New Delhi Wednesday. Talking about the forthcoming Lok Sabha polls, the prime minister said, «there is a mood of debate ahead of elections. And this is the beauty of democracy.” »The BJP is planning for the first 100 days of our next term," PM added.

public sector lenders not to take coercive action against IL&FS and its group companies till its next hearing on May 14. A two-member NCLAT bench headed by Chairperson Justice Ashok Bhushan also issued notices to the banks, along with the Reserve Bank of India (RBI), directing them to file a reply. «In view of the order dated October 15, 2018, the Respondents (banks) shall not proceed to take any coercive action against the Applicant (IL&FS and group companies) till the next date,» said the NCLAT. On October 15, 2018, the NCLAT stayed all proceedings against IL&FS and other group companies till its further order. It had also restrained creditors of IL&FS from filing suits, in the case of non-repayment of loans.

Lawyers representing former FTX CEO  Sam Bankman-Fried, aka SBF, have criticized the government’s proposal for a maximum sentence of 50 years in prison, saying it is “not justice.”

Narendra Modi on March 20 said India is the world's third-largest startup ecosystem, with the youth leading the way. “India's startup ecosystem flourishing at an unprecedented rate, driven by the youth.

IPL 2024. At the end of the Unbox event, Virat Kohli made a request to his fans. Fans had to wait before they could hear “King" Kohli speak.

In major centres such as India's 'Silicon Valley' Bengaluru, home to firms like Google, water supply is already being curtailed. The 150 reservoirs monitored by the federal government -which supply water for drinking and irrigation and are the country's key source of hydro-electricity — were filled to just 40% of capacity last week, government data showed.

Dravida Munnetra Kazhagam head M K Stalin on Wednesday released a list of 16 candidates who will contest the Lok Sabha elections under the party banner. Featured on the list are party heavyweights K Kanimozhi, A Raja, T R Baalu and Dayanidhi Maran, among others. Stalin also launched the party's manifesto for the polls, which included promises to not implement the Citizenship Amendment Act (CAA), the National Educational Policy (NEP) and the Uniform Civil Code (UCC) in the state.

US elections 2024: Joe Biden and Donald Trump secure primary wins in Illinois Last month, Trump acknowledged that at least five high-profile Republicans and one former Democrat are on the shortlist for potential running mates in the general election. According to the New York Post, the names included, Tulsi Gabbard, Florida Gov. Ron DeSantis, Tim Scotte, Byron Donalds, and South Dakota Governor Kristi Noem.

NEW YORK (Reuters) — Facebook owner Meta Platforms (NASDAQ:META) is not expecting to receive shipments of Nvidia (NASDAQ:NVDA)'s new flagship artificial intelligence chip this year, a Meta spokesperson told Reuters.

Maharashtra Deputy Chief Minister Ajit Pawar on Tuesday gave an undertaking to the Supreme Court that the Nationalist Congress Party (NCP) led by him will not use the name or picture of party founder Sharad Pawar on banners, posters or any election material. Ajit Pawar had spllit the NCP in July last year and walked away with a majority of MLAs to join the BJP-Shiv Sena government led by Eknath Shinde. He furnished an undertaking before a bench of Justices Surya Kant and KV Viswanathan pursuant to a March 14 order by the apex court. «The Respondent has duly instructed the rank and file of the party to refrain from using the photographs or name of Sharad Pawar on any poster/banner of Nationalist Congress Party,» the undertaking said.

Prince William and Kate Middleton walked at a farm market in Windsor. The couple can be seen smiling at each other and engrossed in a deep conversation.

By Nivedita Balu