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Subscribe to enjoy similar stories. NEW DELHI : A compliance drive launched in November 2024 by the Central Board of Direct Taxes (CBDT), based on financial information received from foreign tax authorities, has led to more than 30,000 persons declaring previously unreported foreign assets worth ₹29,208 crore and additional foreign income of ₹1,090 crore, a person with direct knowledge of the matter said.

Bureaucratic Caste System', former IAS officer and Padma Bhushan recipient M N Buch likened India's bureaucracy to caste hierarchy: IAS as brahmins, IPS kshatriyas, general bureaucracy as vaishyas, and teachers and scientists as shudras. This unwritten 'caste system' was debated in the Supreme Court this week when a challenge to the MP government's 2024 order on performance appraisal reports (PAR) for forest officers came up. The order mandates district-level forest officers — divisional forest officers, conservators and chief conservators — be appraised by district magistrates (DMs) and divisional commissioners (DCs), both IAS officers. MP forest officers contend IAS officials lack technical expertise to judge them.

Santander banking services have been down in a major outage, leaving customers unable to get onto banking services, make payment transfers while facing other issues. This follows a series of outages across major high street banks, which have caused the apps of several leading banks to be briefly offline. Over 600 customers have reported issues with the bank on outage-tracking site Downdetector. The issue first arose around 12.30 pm today, with hundreds of users reporting problems across the bank’s services, and more than half of those reports flagging issues with payments, according to service status website Downdetector.

The Brooklyn mega-mansion that wowed Anora is a 14,000-square-foot waterfront estate in Mill Basin. It features marble floors, a large pool, and a private theater. The luxurious home, now owned by financier Michael Davidoff, remains unchanged, a true architectural gem that stole the spotlight both on and off-screen.

Georgia teenager, whose disappearance recently featured in Netflix's Unsolved Mysteries, has reportedly been rescued from Colorado. Abdul Aziz Khan, now 14 years old, was reported missing in 2017 after his mother failed to show up at a scheduled custody hearing.

White House Crypto Summit on March 7. Trump, who has multiple ties to the crypto industry, will host the sector's top players at a White House summit on Friday. Crypto has enjoyed a renewed momentum following his return to the White House in November. The US crypto community rallied behind Trump's campaign, contributing millions of dollars towards his victory over Joe Biden, whose administration tightened regulations and expressed skepticism toward digital currencies. Now, they're seeing their support pay dividends. Trump has waded into the space personally as well, partnering with exchange platform World Liberty Financial and launching his own «Trump» memecoin in January as his wife Melania did the same — moves that have prompted conflict of interest accusations.

Subscribe to enjoy similar stories. China’s finance minister said Thursday that the government has ample policy tools and flexibility to address both internal and external uncertainties, amid escalating trade tensions with the U.S. The remarks come after Beijing imposed retaliatory tariffs on U.S.

Reeves' fiscal rules leave her unable to borrow for day-to-day spending, so she is expected to be planning ways to spend less, according to reports by Sky News. The Office for Budget Responsibility is due to receive HM Treasury's proposed cuts on 26 March, before the OBR's financial forecast is released, to coincide with Reeves' Spring Forecast. According to Sky News, to help the chancellor come within her borrowing limit, there will be a «four-point plan» involving planning reform, Whitehall cuts, regulation cuts and welfare cuts. Rachel Reeves sets date for 'Spring Forecast' next...

US economy and rumors of a possible recession, Goldman Sachs CEO David Solomon provided some reassurance with a straightforward yet effective answer, as per a report.

Tristan Thompson on and off between 2016 to 2021, said she is not planning to tell their daughter True the truth about the former couple's relationship status. In the latest episode of The Kardashians, Khloé shared that the six-year-old child still thinks that her parents are «married,» Page Six reported.

And for the second time in 25 years, as oversized maple leaf flag ripples on a screen behind him, Jeff Douglas, from Truro, N.S, approaches the microphone and delivers the same message: Canada will not cower to the United States. Jeff Douglas, from Truro, N.S., became a national sensation after starring as flannel-wearing Joe Canadian in Molson Canadian's 2000 ad «The Rant,» which was a huge success for the beer company and popularized the slogan, "I am Canadian!", reported CBC News. He appeared in a highly popular ad for Molson Canadian beer over two decades ago and became a national sensation.

Elon Musk has called for the privatisation of the United States Postal Service (USPS). He argued that government-run entities should face market competition to drive efficiency. The proposal was made during a Morgan Stanley technology conference in San Francisco. His stand aligns with that of President Donald Trump’s on the matter.

Sun Country Airlines. The airline said that Flight SY593, which was headed for the Mazatlan International Airport in Mexico from MSP, was diverted «out of an abundance of caution in response to a security concern», according to CBS News.

Department of Education", US media has reported. A long-cherished goal of conservatives, the move would deliver on a promise Donald Trump made during the election campaign. Trump plans to end some of the department's programmes, while others would be housed within different parts of the government, according to US media reports.

unemployment benefits fell more than expected last week, suggesting that the labor market remained stable in February, though turbulence lies ahead from tariffs on imports and deep government spending cuts. Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 221,000 for the week ended March 1, the Labor Department said on Thursday. Economists polled by Reuters had forecast 235,000 claims for the latest week. Applications surged in the prior week amid snowstorms in many parts of the country and difficulties adjusting the data for seasonal fluctuations around the Presidents Day holiday.

Elon Musk's electric car maker Tesla, which has been actively exploring opportunities to enter the Indian market, is opening a showroom in Mumbai’s upscale business district Bandra Kurla Complex (BKC) to sell its imported cars. Tesla has plans to set up a manufacturing plant in Maharashtra. The most popular electric car brand in the world has long been seen as a heavyweight which will disrupt Indian's nascent electric vehicle (EV) market. But Indian automaker don't seem to be scared of Musk's India venture. JSW Group Chairman Sajjan Jindal has doubted Musk’s ability to crack the Indian market, asserting that local giants Tata Motors and Mahindra & Mahindra are now deeply entrenched. JSW Group has a JV with China's SAIC Motor, JSW MG Motor India Pvt. Ltd, which sells EVs such as MG Comet EV, MG ZS EV, MG Windsor EV, MG 4 EV, and MG M9 EV. It is planning to launch several new EV models in 2025, including the Cyberster, an electric sports car. India's EV sales are merely 2.5% of the total passenger vehicle sales. Can Indian EV makers take on the world's biggest EV brand while they are still in their infancy?

Standing alongside top EU chiefs, including Ursula von der Leyen and Antonio Costa, Zelenskyy said it meant Ukraine was not «alone» in its fight to repel Russia's invasion. «We are very thankful that we are not alone. And these are not just words,» Zelenskyy said, standing alongside EU chiefs Ursula von der Leyen and Antonio Costa. «It's very important you made a strong signal to the Ukrainian people.»

Schools closed, public transport stopped – What we know about rare storm nearing Australian coastTropical Cyclone Alfred is expected to make landfall late Friday or early Saturday with the strength of a category 1 Atlantic hurricane, as it swirls west toward the city of Brisbane, home to 2.5 million people, and coastal suburbs either side.ALSO READ: Brisbane Airport cancels flights; schools closed, transport halted as storm approaches Australian coastAlfred is threatening a region that doesn’t normally experience cyclones; they typically form much further north, over warmer waters in the tropics. The delay in the storm’s arrival gave officials more time to issue warnings to anxious residents living in properties previously untested by cyclonic winds.Catch Live Updates With MintCyclone Alfred LIVE Updates: Prime minister Anthony Albanese said 660 schools in southern Queensland and 280 schools in northern New South Wales were closed on Thursday as weather conditions worsen."My message to people, whether they be in southeast Queensland or northern New South Wales, is we are there to support you.

foundit (formerly Monster APAC and ME), Asia's jobs and talent platform. There has been 41 per cent growth in hiring in February 2025 compared to a year ago, driven by the fresher job market which maintained steady growth, according to the report. Among sectors, IT — Hardware and Software continued to lead fresher hiring, nearly doubling its share from 17 per cent in 2024 to 34 per cent in 2025, the report said. «The shift towards skill-based hiring is undeniable. Employers are increasingly prioritising candidates with practical expertise and industry-relevant skills,» foundit CEO V Suresh stated. The foundit Insights Tracker (fit) is a comprehensive monthly analysis of online job posting activity on foundit.in platform.

Ted Malaska, a temporary special government employee with the Department of Government Efficiency (DOGE), reportedly warned Federal Aviation Administration (FAA staffers) that anyone who obstructed his work would be reported directly to Elon Musk and could risk losing their jobs, as per a report. The warning message came as Malaska began his mission to implement Starlink technology into the FAA’s infrastructure, according to Bloomberg.