The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded from the scope of the General Anti-Avoidance Rules (GAAR), addressing industry concerns about retrospective application.
The Indian Railway Ministry has issued a new circular allowing sportspersons to carry oversized and bulky sports equipment, such as javelins, on trains. This relaxation, however, excludes pole-vault poles due to technical feasibility. The equipment can be transported in designated luggage spaces on a priority basis, subject to freight charges, and existing weight limits will not apply.
A 17-year-old NEET aspirant in Lucknow allegedly died by suicide, reportedly due to depression following the cancellation of the NEET-UG examination and the pressure of the upcoming re-exam. Her family stated she was hopeful after the initial exam but became distressed after its cancellation.
Telugu actor Allu Arjun virtually appeared before a Hyderabad city court after being summoned in connection with a charge sheet filed in the 'Pushpa 2' premiere stampede case, which resulted in the death of a woman and injury to her son in December 2024. The court has posted the matter for July 6.
Former India cricketer Syed Kirmani says wicketkeeper-batter Rishabh Pant needs to check his flamboyance, work on his physical fitness and "vulnerable" temperament if he wishes to play all formats for the country again.
Ambati Rayudu says India's 0-2 T20I series loss to Ireland was the result of poor preparation for challenging conditions, urges Tilak Varma to improve against slow bowling, and advises patience with teenage sensation Vaibhav Sooryavanshi.
The IRCTC has fined a catering firm Rs 1 lakh and issued a show-cause notice for licence termination after a passenger found a fly in his meal on the Ahmedabad-Mumbai Tejas Rajdhani Express. The firm, Araha Hospitality Pvt Ltd, was warned for lapses in meal preparation and packaging, and instructed to improve hygiene and quality control to prevent future incidents.
England coach Thomas Tuchel confirmed Bukayo Saka is fully fit and available for the World Cup clash against Ghana, while also voicing concerns that FIFA's mandatory hydration breaks are disrupting the flow and identity of football.
Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.
Indian stock market benchmark indices, Sensex and Nifty, experienced declines in early trade due to escalating tensions between the US and Iran, which led to a surge in crude oil prices and weak global equity trends.
India is navigating a complex diplomatic landscape, attempting to balance its 'forever honeymoon' with the Israel-UAE-Bahrain axis against its historical ties with Iran, as evidenced by recent high-level visits and evolving geopolitical realignments in the Middle East, observes Ambassador M K Bhadrakumar.
A Delhi court has dismissed the bail applications of activists Umar Khalid and Sharjeel Imam in the 2020 Delhi riots conspiracy case, citing its obligation to follow a previous Supreme Court order that rejected their bail.
Indian stock market benchmarks, Sensex and Nifty, saw gains in early trading, driven by anticipation surrounding the Reserve Bank of India's monetary policy decision, despite mixed global cues and significant FII outflows.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.
India has strongly refuted claims by the United States Trade Representative (USTR) regarding excess capacity in its steel and textile sectors, arguing that the nation's significantly low per capita consumption of these products contradicts such assertions, according to Amitabh Kumar, Additional Secretary in the Ministry of Commerce.
The Directorate General of Shipping has advised Indian maritime agencies to restrict the deployment of seafarers to conflict areas following a US military strike that killed three Indian crew members off the Oman coast. India has also protested the attack, which occurred amidst heightened tensions in the Gulf region.
India captain Harmanpreet Kaur acknowledged fielding shortcomings despite her team's T20 World Cup victory over Bangladesh. She expressed confidence in the team's ability to improve and looked forward to the challenging match against Australia. Player of the Match Shafali Verma also shared her satisfaction with her performance.
Students at Manipur University protested a bomb blast that occurred on campus, demanding educational freedom and condemning the violence.
External Affairs Minister S Jaishankar has strongly defended India's decision to purchase Russian crude oil, stating that the country's energy choices are based on cost and availability, and highlighting the West's 'hypocrisy' in criticising India while historically supplying weapons used against it.
The Bombay High Court has granted bail to activist Surendra Gadling, who was arrested in 2018 in connection with the Elgar Parishad-Maoist links case. The bail was granted due to his long incarceration and the unlikelihood of a trial commencing soon.
A 75-year-old man died after a portion of a slab collapsed on him in a two-storey building in Mumbai's Bhandup area.
A wellspring fuelling the CJP tsunami is the high levels of youth unemployment. Millions of youngsters, including extremely over-qualified people, apply in desperation for any job that is advertised. No government has been able to deliver on this front and things may get worse as artificial intelligence enters the workforce, points out Devangshu Datta.
Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.
Two minor boys who had run away from a hostel in Latur, Maharashtra, have been successfully reunited with their parents by the police. The reunion was part of the Maharashtra Police's 'Operation Shodh-4' initiative, which focuses on tracing missing and runaway children.
A former scheduled caste promoter of the Thiruvananthapuram Corporation was arrested in connection with an alleged Rs 75 lakh subsidy fraud under a self-employment scheme for women of the marginalised community.
The Supreme Court has directed an appellate tribunal to expeditiously decide an appeal filed by a 75-year-old advocate challenging the deletion of his name from the West Bengal voters' list following a Special Intensive Revision exercise. The court noted the petitioner appeared to be a bona fide resident and requested a decision within two months.
Maharashtra Chief Minister Devendra Fadnavis has ordered probes into multiple allegations of sexual harassment and forced religious conversion at a Spanish multinational in Pune, a government-run ITI in Solapur, and a TCS unit in Nashik. The CM highlighted a pattern of such incidents in corporate firms and suggested forming a panel of women legislators to review existing laws and recommend improvements.
The Delhi High Court has ordered the removal of certain objectionable social media content targeting MP Raghav Chadha, who had filed a lawsuit against malicious, AI-generated, and deepfake content impacting his reputation. While some content was deemed not prima facie defamatory, specific objectionable material was ordered to be taken down.
A new report by ADP reveals that one in two Indian companies plan to adopt AI-powered payroll systems within the next 12 months, driven by the need for automation in workforce management, compliance, and compensation decisions. However, firms are increasingly cautious about data protection risks, especially with the implementation of the Digital Personal Data Protection (DPDP) Act, 2023.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Legendary batter Sunil Gavaskar has expressed confidence in Rohit Sharma's ability to open for India in the upcoming 50-over World Cup, despite ongoing scrutiny. Gavaskar believes the England ODI series will be a crucial platform for Sharma to demonstrate his consistent performance. He also touched upon the continuous pressure on senior players like Rohit and Virat Kohli, emphasising the need for consistent delivery and physical fitness as they age. Additionally, Gavaskar commented on Ben Stokes' surprising retirement timing.
The images highlight the region's marine biodiversity and the importance of balancing tourism with ecological conservation.
The Bombay High Court granted bail to a BEST bus driver involved in a fatal accident, citing a lack of practical training for operating electric buses.
A special court in Mumbai granted bail to an organiser of a techno concert where two MBA students died due to a suspected drug overdose. While organiser Akash Samal was granted bail, three other accused were denied relief. The concert, held at the NESCO Exhibition Centre, saw attendees allegedly consuming MDMA pills, leading to hospitalisations and fatalities.
The Trinamool Congress has launched a sharp attack on the Narendra Modi government over rising fuel prices, economic concerns, and exam irregularities, accusing the Centre of betraying citizens.
Television actress Sanchita Ugale's death by suicide on June 14, 2026, has drawn eerie parallels to Sushant Singh Rajput's 2020 death.
The Bombay High Court has granted bail to two NESCO Ltd employees, Sunny Jain and Balkrishna Balram Kurup, who were arrested in connection with the alleged drug overdose deaths of two students at a concert in Goregaon. The court rejected the police's request to stay the bail order, allowing the employees to be released on a surety of Rs one lakh each.
Rudi Garcia's comments about Senegal's tactical structure, along with other pundit remarks, have reignited scrutiny over racially coded language in World Cup commentary, drawing criticism from scholars and anti-racism advocates who argue such language perpetuates harmful stereotypes about Black players and African teams.
Former India captain Mithali Raj has expressed concerns over the Indian women's cricket team's bowling department, citing a lack of "role clarity" ahead of crucial ICC Women's T20 World Cup matches. She believes bowling is India's weakest link, especially with Shreyanka Patil's injury and an out-of-form seam attack, while praising the batting strength led by Smriti Mandhana and Richa Ghosh.
Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.
