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Jay-Z, Beyonce's massive 2025 tour and Christmas NFL appearance are in jeopardy. The startling allegations may cast doubt on Beyoncé's massive tour scheduled for next year. Jay Z has angrily refuted idiotic allegations that he raped and drugged a 13-year-old girl. According to an anonymous lawsuit, the 55-year-old music mogul and fellow rapper Sean Diddy Combs alternated in the assault, as quoted in a report by The US Sun. On September 7, 2000, an MTV VMAs after-party in New York was reported to have included an unidentified female celebrity. Combs was the target of the October lawsuit, which was resubmitted on Sunday to include Beyoncé's husband, Jay Z, as a defendant.

morphine and 100 times stronger than fentanyl. The alarming resurgence of this drug poses significant risks, especially as overdose deaths linked to carfentanil have surged. According to the CDC, nearly 70% of all U.S. overdose deaths last year involved illegally manufactured fentanyls (IMFs), with carfentanil playing a dangerous role. Initially linked to a wave of deaths in 2016, carfentanil had largely disappeared from the drug supply until recently. Between January and June 2024, overdose deaths involving carfentanil spiked approximately sevenfold, rising from 29 to 238 cases compared to the same period in 2023.

EEPC India, the apex engineering exports promotion body, has proposed introducing a 25% income tax slab for MSME manufacturing units that are partnerships, LLPs, or sole proprietorships. In its pre-Budget memorandum to the Ministry of Micro, Small and Medium Enterprises, EEPC India also suggested increasing the benefits limit available under the Interest Equalization Scheme (IES) to Rs 10 crores from Rs 50 lakh now and offering 100% depreciation for investment in solar power generation by MSME units. Pankaj Chadha, Chairman, EEPC India said in a statement, «Private limited companies currently pay 25% income tax, while entities like partnerships, LLPs, and sole proprietorships pay approximately 35% after including surcharges. We therefore urge the government to introduce a 25% income tax slab for MSME manufacturing units that are partnerships, LLPs, or sole proprietorships. The condition would be that the extra 10% saved must be reinvested in the business.»

Sanjay Malhotra from the Ministry of Finance in New Delhi to the Reserve Bank of India in Mumbai has left a key position vacant, just seven weeks before Finance Minister Nirmala Sitharaman is set to present the Union Budget. This development poses a unique challenge as the government has yet to announce Malhotra's successor for a role that demands extensive expertise in both direct and indirect taxation. Historically, the government has refrained from extending terms of finance officials even in the crucial lead-up to the budget. The vacancy now highlights the delicate balance required to ensure seamless coordination within the finance ministry, which comprises six departments—Revenue, Expenditure, Economic Affairs, Financial Services, DIPAM, and Public Enterprises. Of these, Revenue, Expenditure, and Economic Affairs play critical roles in shaping the Union Budget. This year's scenario is further complicated by recent changes in leadership. DIPAM Secretary Tuhin Kanta Pandey, now serving as the Finance Secretary due to his seniority, is juggling multiple responsibilities, including overseeing the Department of Public Enterprises and the Department of Personnel. For Expenditure Secretary Manoj Govil and Financial Services Secretary M. Nagaraju, the upcoming budget will be their first experience in such a high-stakes exercise.

Supreme Court that it had written to the state chief secretaries to follow the law laid down by the apex court on the issue of internet shutdowns. A bench of Justices Vikram Nath and P B Varale was informed by the Centre about the top court's judgement on internet shutdowns in Anuradha Bhasin's case. In Anuradha Bhasin v. Union of India, the apex court ruled that an undefined restriction of internet services was illegal and orders for internet shutdown must satisfy the tests of necessity and proportionality. On Tuesday, the petition before the bench alleged shutting down of internet services in some states on account of preventing cheating in examinations.

Union Budget 2025: A comprehensive blueprint detailing the government's projected income and expenditure for a fiscal year, the Union Budget spans from April 1 to March 31 of the following year. This financial roadmap plays a crucial role in outlining the nation's economic priorities and resource allocations. To enhance accessibility and understanding, a user-friendly guide for interpreting the Budget document is readily available. Following the finance minister's budget speech in the Lok Sabha, these critical documents are swiftly published on the official website, ensuring rapid and widespread dissemination of essential financial information. The upcoming Budget scheduled for February 2025 will be Prime Minister Narendra Modi-led government's first full budget and second bugdet after returning to power in Lok Sabha polls. The first Budget of Modi 3.0 was a vote on account.

Shares of TVS Motor Company Ltd.(up 1.26 per cent), Mahindra & Mahindra Ltd.(up 0.52 per cent), Samvardhana Motherson International Ltd.(up 0.3 per cent), MRF Ltd.(up 0.24 per cent) and Tata Motors Ltd.(up 0.15 per cent) ended the day as top gainers in the pack.

Poonawalla Fincorp, a Cyrus Poonawalla Group-promoted non-banking finance company, has announced the appointment of Salil Hajarnis as chief technology officer (CTO), said a statement issued today. His appointment was approved by the board of directors on September 11, 2024, and will take effect on December 10, 2024. He will lead the company's technology strategy, focusing on digital transformation and AI-driven customer solutions. With over two decades of experience in technology leadership, he has worked in roles spanning enterprise architecture, software engineering, and AI integration. At Fiserv, as head of technology for India, he led major initiatives including AI and API-enabled solutions, real-time integrations, and platform modernisation across key markets in India, ASEAN, and Australia.

Subscribe to enjoy similar stories. The fall of Assad regime in Syria has thrust India into a delicate balancing act. While the streets of Damascus are filled with jubilation, the corridors of power in New Delhi are marked by caution and concern.

dearness allowances (DA) by 3% to 53% for central government employees. The new DA hike has been in effect from July 1, 2024 onwards. Central government employees received higher take-home pay after the government raised a number of additional benefits when the dearness allowance reached 50%. The 7th Pay Commission suggested raising several allowances when the dearness allowance reaches 50%. The hike in DA led to a 25% increase in 13 important allowances from January 1, 2024 onwards. In September, two additional allowances — the nursing allowance and the clothing allowance, were revised for eligible employees. As stated in a July 4, 2024, circular issued by the Employees' Provident Fund Organization (EPFO), «Attention is drawn to the following orders issued by Department of Expenditure/DoPT in the past and request that consequent upon the increase of Dearness Allowance by 4% to 50% w.e.f. 01.01.2024, the payments of the following allowances wherever applicable may be made at enhanced rates of 25% over the existing rates w.e.f. 01.01.2024.”

Subscribe to enjoy similar stories. In a market environment where only 35% of portfolio management services (PMS) strategies have outperformed the broader indices, a disciplined approach on the part of PMS funds continues to deliver exceptional value for investors. Q2FY25 was a reset quarter for the market.

On the BSE, VCK Cap Market(down 17.37 per cent), Robust Hotels(down 9.96 per cent), Mishtann Foods(down 9.95 per cent), Rose Merc. Ltd.(down 9.12 per cent) and Rajdarshan Ind(down 8.86 per cent) were among the stocks that plunged over 5 per cent during the session.

Kiren Rijiju on Tuesday hit out at Congress leader & LoP Rahul Gandhi after his party held a protest at the Parliament premises on Monday over the Admatter. Rijiju slammed Rahul Gandhi and took a jab at his foreign vacations. «Rahul Gandhi enjoys creating a tamasha and abusing the Prime Minister but other MPs have responsibilities towards the people who have elected them. All he has to do is create a tamasha here and then go abroad to enjoy his holidays,» the Union Minister posted on X. In another post, Rijiju posted a Rahul Gandhi's protest video outside the parliament and quoted that Congress leader doesn't care about people's problems because he has nothing to lose.

City council is set to debate a proposal by Mayor Ken Sim to make Vancouver a “Bitcoin-friendly city” on Wednesday.

Deputy Chief Minister Pawan Kalyan has allegedly received a death threat from an unidentified individual, the JanaSena Party said. The unidentified man made calls to his office and issued threats to «kill» him. The anonymous caller also sent offensive text messages targeting Kalyan, the party said on Monday. «Deputy Chief Minister Pawan Kalyan's office staff received threatening calls from Agantakudi. An unidentified person threatened that he (Kalyan) would be killed. He (the anonymous caller) sent messages using offensive language targeting the Deputy Chief Minister,» JanaSena Party posted on X.

Reliance Industries is in talks with banks for a loan of as much as $3 billion to refinance debt due next year, according to people familiar with the matter. About half a dozen banks are in discussions with the Indian conglomerate for the loan, which would be syndicated to wider market in the first quarter of 2025, the people said, who asked not to be named as discussions are private. Terms have not been finalized yet and could be subject to changes, the people added. Reliance Industries has approximately $2.9 billion worth of debt due in 2025, including interest payments, according to data compiled by Bloomberg News. A spokesperson for the group didn’t immediately respond to a request seeking comment.

S.M. Krishna who has been credited for for putting Bengaluru on the global map as a fillip given to the IT sector during his tenure resulting in the city growing as India's Silicon Valley' passed away at his residence early Tuesday morning, his family told news agency PTI. The politician was awared with Padma Vibhushan from President Droupadi Murmu in 2023. «S.M. Krishna is no more. He breathed his last at 2:45 am at his residence. Mortal remains are likely to be taken to Maddur today,» the source told PTI.

That has, quietly, changed. While few believe Indian statisticians are actively working to make growth numbers look better than they are, less and less data is publicly available, methods are less transparent, and the GDP figures in particular sometimes diverge puzzlingly from independent data. The minister in charge of statistics recently told Parliament that the government planned to ask a new committee to recommend how it should update its national accounts. Official statisticians should seize this opportunity to overhaul how India’s GDP is calculated in order to win back trust.

Oil prices eased only slightly on Tuesday, holding on to most of their gains from the prior session as mounting geopolitical risk after the fall of Syrian President Bashar al-Assad and China's vow to ramp up policy stimulus kept a floor under prices. Brent crude futures were down 13 cents, or about 0.2%, at $72.01 per barrel. U.S. West Texas Intermediate crude futures were down 14 cents, also 0.2% lower, at $68.23 at 0151 GMT. Both climbed more than 1% on Monday.

Shares in Japan and South Korea gained, while futures showed the Hang Seng Index is poised to jump more than 3% at the open. Iron ore advanced thanks to Beijing’s announcement as the country dominates demand for most metals. The Nasdaq Golden Dragon China Index, which tracks the biggest Chinese stocks in the US, surged 8.5% in its strongest gain since September.

Torrent Power, one of the largest private utility companies in the country, has raised ₹3,500 crore through qualified institutional placement (QIP), the company said on Monday. This is the first equity raise by the company and also the first in the last three decades by Torrent Group.