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09.08 / 07:28
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Awaiting release of 69 Indian nationals from Russian army: Jaishankar in LS
S Jaishankar on Friday said the government is awaiting the release of 69 Indians recruited into the Russian army and that in many cases there are indications that the Indian nationals were misled. Speaking in the Lok Sabha, the minister also said the government has taken up seriously the issues of recruitment of Indian nationals into the Russian army and cyber crime trafficking of nationals to South East Asian countries. There are a total of 91 cases so far of Indian nationals being recruited in the Russian army. Out of them, eight have passed away, 14 have been discharged or sent back, and the release of 69 nationals is awaited, Jaishankar said during the Question Hour. «We take this issue very very seriously… I have myself raised it many times with the Russian foreign minister,» he said and added that Prime Minister Narendra Modi also took up the issue during his meeting with Russian President Vladimir Putin last month.
09.08 / 06:00
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Govt should allow salaried employees to choose tax regime for TDS on salary again for FY2024-25
new tax regime in the July 2024 Budget, increasing its attractiveness compared to the old tax regime. This was done by changing the income tax slabs to reduce tax payable, hiking the standard deduction to Rs 75,000 and increasing the deduction to 14% on employer's contribution to the NPS account under the new tax regime. However, these changes have been made in the new tax regime after almost 4 months of the financial year 2024-25 are already over. Salaried individuals have already informed, in April of this financial year, their employers about their individual choice of tax regime for deducting tax from their salaries. Employers use the tax regime chosen by the employees as the basis for calculating the TDS from each employee's salary. In the most cases, this choice has to be made in the first month of the FY as per employers' requirements. Each employee chose the tax regime favourable to him/her based on the income tax slabs under the old and new tax regimes existing at that point in time. Latest income tax slabs in old, new tax regime for FY 2024-25
09.08 / 03:46
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peace
Bangladesh News Live Updates: 'Bangladesh is a family. We have to unite it,' says interim PM Muhammad Yunus
Nobel laureate Muhammad Yunus was sworn in as the head of Bangladesh's interim government on Thursday. This follows protests that led to the ouster of former Prime Minister Sheikh Hasina earlier this week.
09.08 / 02:11
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Donald Trump signals interest in influencing Federal Reserve decisions if he regains White House
Donald Trump said on Thursday that U.S. presidents should have a say over decisions made by the Federal Reserve, the most explicit indication so far of his interest in infringing on the central bank's independence should he regain the White House. «I feel the president should have at least (a) say in there,» the former president told reporters at his Mar-a-Lago residence in Florida. «I think that in my case, I made a lot of money, I was very successful, and I think I have a better instinct than in many cases, people that would be on the Federal Reserve or the chairman.» Trump allies have drafted proposals that would attempt to erode the Fed's independence if he wins, the Wall Street Journal reported in April. The Trump campaign distanced itself from the report at the time.
09.08 / 01:40
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Donald Trump and Kamala Harris to debate on ABC, Trump says he wants two more
presidential candidate Donald Trump and Democratic opponent Kamala Harris will debate on Sept. 10 on ABC, setting up the first face-to-face matchup between the rivals in what polls show is an extremely close race. In a rambling news conference at his Palm Beach, Florida, residence, Trump said he wanted additional debates on Sept. 4 and Sept. 25 that would air on Fox and NBC. Harris said in a post on X that she was looking forward to the Sept. 10 debate after Trump «finally committed.» She told reporters after a campaign stop in Detroit that she was open to discussing more debates.
08.08 / 23:49
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Russia says troops are battling to push Ukrainian forces back after cross-border incursion in Kursk
Russia's Defense Ministry says the country's troops are fighting Ukrainian forces in the Kursk region on the third day of one of the largest cross-border incursions of the war
08.08 / 22:42
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As President Milei's austerity hits hard, jobless Argentines appeal to the patron saint of work
Throughout decades of political change in Argentina, the annual Aug. 7 pilgrimage to St. Cayetano Sanctuary has served as a potent, and grim, reminder that in Argentina, economic despair remains a constant
08.08 / 22:25
08.08 / 21:52
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Investigator says 'fraudulent' gift to Florida's only public historically Black university is void
A record multi-million dollar gift to Florida’s only public historically Black university has completely gone up in smoke
08.08 / 21:46
08.08 / 21:45
08.08 / 21:44
08.08 / 21:16
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Lt. Gen. Sigdel is Nepal's new Army chief
Nepal appointed Lieutenant General Ashokraj Sigdel as the Acting Chief of Army Staff of the Nepal Army with effect from Friday, an official statement said on Thursday. CoAS Prabhuram Sharma, who is going on a mandatory month's leave starting Friday before formally retiring on September 9, handed over the charge to Lt. Gen. Sigdel at a function held at the Nepal Army Headquarters on Thursday, according to the statement issued by Directorate of Military Public Relations and Information.
08.08 / 20:46
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Finance guru who correctly predicted Lehman Brothers collapse says, California is going bankrupt
'Rich Dad, Poor Dad' has predicted a very grim economic future for California. Taking to X, Robert Kiyosaki has warned that California faces a dire fiscal situation, it may go broke.
08.08 / 20:20
Blockchain
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Russian President Putin Signs Law Legalizing Cryptocurrency Mining
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
08.08 / 19:35
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EAM S Jaishankar to launch India-funded projects as Maldives looks to heal relationship
External affairs minister S Jaishankar will pay a three-day visit to Maldives starting Friday as both countries look to repair the strained relationship since President Mohamed Muizzu came to power last year. This would be Jaishankar's first visit to Male since Muizzu was elected to office. During the visit, India and Maldives will inaugurate completed projects under High Impact Community Development Projects and Line of Credit facility of EXIM Bank of India and witness the exchange of the memorandum of understanding on areas for capacity building, commerce and trade, said Maldives foreign ministry on Thursday announcing the visit. «Maldives is India's key maritime neighbour and an important partner in India's 'Neighbourhood First' Policy and our Vision 'Sagar' i.e. Security and Growth for All in the Region. The visit is aimed at strengthening the close partnership between the two countries and to explore avenues to enhance the bilateral relationship further,» the MEA said in a statement.
08.08 / 18:39
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Mohammad Yunus: A well-known critic of Sheikh Hasina now heads Bangladesh's interim govt
Professor Mohammad Yunus, a well-known critic of Sheikh Hasina and persecuted by her regime, when the Nobel laureate became the head of the caretaker government after she resigned and fled to India. The 84-year-old economist, globally recognised as 'The Father of Microfinance,' who flew down from Paris earlier in the day, was declared as the head of the interim government by President Mohammed Shahabuddin after dissolving Parliament Tuesday, a decision prompted by a demand by the Anti-Discrimination Student Movement. Yunus had announced plans to form a political party in 2007 when the country was run by a military-backed government and criticised Bangladeshi politicians alleging they were only interested in money. He, however, did not follow through on that plan. By a quirk of fate, on Thursday he took oath to lead a non-partisan, non-military caretaker government.
08.08 / 15:14
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AstraZeneca Q1 Results: Net loss reported at Rs 12 cr
Pharma India on Thursday said its net loss stood at Rs 12 crore for the first quarter ended June 30, 2024. The drug maker had reported a net profit of Rs 54 crore in the April-June quarter of last fiscal. Total income stood at Rs 396 crore for the June quarter against Rs 303 crore in the year-ago period, AstraZeneca Pharma India said in a regulatory filing.
08.08 / 08:00
markets
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Morningstar
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Italy looks like fertile ground for a mega merger deal in banking
MILAN, Italy — European policymakers have longed for bigger banks across the continent.
08.08 / 07:55
Citi
Manufacturing
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Experts
Chennai conclave of ET Make in India SME Regional Summit to focus on Tamil Nadu’s export and manufacturing might
Chennai on August 10 (Saturday). It will bring together entrepreneurs, industrialists, policymakers and sectoral experts on a common platform to discuss ways to strengthen the industrial ecosystem in the region. The ET Make in India SME Regional Summit in Chennai will focus on discussing ways to improve the state’s manufacturing and export might. To register for the Chennai summit, click here
08.08 / 07:33
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Why 'Stupid Radishes' are causing panic in China
ride-hailing drivers are facing the threat of job loss from artificial intelligence as robotaxis begin to proliferate. Self-driving technology, still experimental, is being aggressively greenlit in China compared to the US, where approvals are often suspended after accidents. At least 19 Chinese cities are testing robotaxis and robobuses, with seven cities approving tests without human-driver monitors from at least five industry leaders: Apollo Go, Pony.ai, WeRide, AutoX, and SAIC Motor. Apollo Go, a subsidiary of technology giant Baidu, plans to deploy 1,000 robotaxis in Wuhan by year-end and operate in 100 cities by 2030. Pony.ai, backed by Japan's Toyota Motor, operates 300 robotaxis with plans to increase to 1,000 by 2026. WeRide is known for autonomous taxis, vans, buses, and street sweepers, while AutoX, backed by Alibaba Group, operates in cities including Beijing and Shanghai. SAIC Motor has been operating robotaxis since 2021. In the US, Alphabet's Waymo operates uncrewed robotaxis that collect fares, with over 1,000 cars in San Francisco, Los Angeles, and Phoenix. Cruise, backed by General Motors, resumed testing in April after an accident last year.
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