Tax treatment depends on the activity and manner of earning income.
Norway pose a formidable threat through Erling Haaland, whose pace and power have made him one of the World Cup's most feared forwards.
Western Railway has debunked a viral video claiming a loco pilot stopped a train near Indore to buy samosas, clarifying that it was a freight train on an authorised operational halt due to engineering work, and the person buying food was a standby assistant loco pilot.
Indian benchmark indices Sensex and Nifty advanced in early trade, driven by renewed foreign fund inflows and a significant drop in crude oil prices to pre-war levels, signalling an uptrend in the market. Track Sensex, Nifty on July 7, 2026.
Maharashtra Chief Minister Devendra Fadnavis has warned of a possible cloudburst-like spell in Nashik on Tuesday and stated that the state machinery is on high alert, with heavy rains expected to continue until July 8. Citizens are urged to avoid unnecessary travel as authorities manage landslides, swollen rivers, and rescue operations.
Google has challenged a Delhi High Court single-judge bench ruling that held it liable for trademark infringement by allowing competitors to bid on and use the 'Hindware' trademark as keywords in its Google Ads programme. Google argues that keyword bidding promotes competition and is a globally accepted norm, citing previous rulings that allowed the practice. The tech giant contends that the Trade Marks Act does not distinguish between coined and generic words for such infringements.
At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.
Linda Noskova survived missing five match points to outlast compatriot Karolina Muchova 6-2, 5-7, 6-3 to win a maiden Grand Slam title as she extended the Czech Republic's remarkable Wimbledon success story.
Indian benchmark indices, Sensex and Nifty, closed lower due to profit-taking after a four-day rally, influenced by weakness in Asian markets, with Trent shares tumbling over 12 per cent.
An accused in the rape and murder of an 11-year-old girl in West Bengal's Baruipur was killed in an alleged police encounter. Prabhas Mondal, a prime suspect, reportedly tried to escape and fired at police during a crime scene reconstruction, leading to police retaliation. The incident follows widespread public outrage and protests over the girl's death.
A three-storey chawl collapsed in Mumbai's Mankhurd area during heavy rains, resulting in the deaths of six people and one injury. Rescue operations are ongoing, with at least one person still feared trapped under the debris.
Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.
Prime Minister Narendra Modi has been conferred with Indonesia's highest honour, the 'Bintang Adipurna of the Republic of Indonesia' medal, by President Prabowo Subianto, recognising his leadership in strengthening bilateral relations and furthering Indonesia's unity, continuity, and prosperity.
Delhi is set to establish its first underground Chemical, Biological, Radiological and Nuclear (CBRN) command centre at the new Delhi Fire Services headquarters, a facility designed to ensure uninterrupted coordination and protection for personnel during nuclear warfare, radiological leaks, or chemical disasters.
Mumbai is experiencing intense monsoon activity, with over 100 mm of rainfall recorded in 24 hours, leading to widespread waterlogging and two tragic rain-related deaths, as the India Meteorological Department forecasts continued heavy to very heavy showers and gusty winds.
The India Meteorological Department has forecast intensified heavy rains and thunderstorms for Mumbai and its suburbs. A yellow alert has been issued, and high tides are expected, though traffic and public transport are currently normal.
India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.
The brother of Champat Rai, who resigned as the general secretary of the Shri Ram Janmabhoomi Teerth Kshetra Trust, on Monday defended him against allegations of embezzling donations for the Ram temple, saying his brother had sacrificed both his personal life and career for the Ram temple movement and the service of the nation.
The Department of Telecommunications (DoT) has introduced a new authorisation regime, replacing multiple licences with a single permission for principal telecom services, aiming to simplify compliance and accommodate evolving technologies. This move is expected to ease business operations, enhance fraud prevention with AI, and expand connectivity, especially through satellite networks.
Thousands of Norwegian fans celebrated their team's first World Cup knockout-round win against Ivory Coast with a massive "Viking row" through Oslo. The jubilant celebrations, however, led to minor damage to city streets and metro trains, prompting transit authorities to take carriages out of service for repairs.
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
The Mumbai civic body declared a holiday for schools and colleges in the afternoon session following an India Meteorological Department (IMD) red alert for extremely heavy rainfall. Citizens have been advised to stay indoors unless necessary, as the city continues to experience significant monsoon downpours, with some areas receiving over 100 mm of rain.
A Nashik court granted bail to a pregnant Nida Khan, an accused in a TCS sexual harassment and alleged religious conversion case, citing the trauma of giving birth in prison. The court noted the investigation suggests Khan attempted to 'brainwash the victim' and change her religious views, but prioritised the welfare of the unborn child. Khan was granted bail on a personal bond of Rs 75,000, while a Special Investigation Team probes nine related cases.
'We may be able to wind back some of the schedule reductions we'd taken in recent months.'
President Droupadi Murmu presented the honours to eminent personalities and posthumous awardees for their exceptional contributions.
'ISRO is planning to build a Bharatiya Antariksh Station by 2030. So, our goal is to create a vehicle that can supply modules to the Bharatiya Antariksh Station and bring the products back.'
President Droupadi Murmu conferred Padma awards upon 65 eminent personalities, including tennis legend Vijay Amritraj, actor Mammootty, and singer Alka Yagnik, in the second civil investiture ceremony. The awards recognised contributions across various fields, with Padma Vibhushan, Padma Bhushan, and Padma Shri categories.
Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.
With over 75 per cent indigenous content, the frigate is among the most self-reliant frontline warships built in India.
Ayatollah Ali Khamenei was killed in US-Israeli strikes on February 28.
As heavy rains continued to pound Mumbai on Sunday, an 18-year-old motorcyclist and a senior citizen lost their lives in tree-collapse incidents, pushing the death toll from such tragedies in the city to three in less than a week.
Ukraine's Marta Kostyuk and Czech teenager Linda Noskova powered into their first Wimbledon semifinals on Wednesday, with both players producing dominant straight-set victories in sweltering conditions at the All England Club.
Mumbai and its metropolitan region are experiencing severe monsoon rains, leading to widespread waterlogging, transport disruptions, and the closure of schools and colleges. The India Meteorological Department (IMD) has issued an 'extremely heavy rainfall' alert, with some areas receiving nearly 200 mm of rain in 12 hours, prompting Chief Minister Devendra Fadnavis to urge residents to avoid non-essential travel.
Ford Business Solutions (FBS) India, the global capability centre for Ford Motor Company, has inaugurated a new office in Coimbatore, its third location in India. This expansion is a strategic move to strengthen the resilience of Ford's global operations, with nearly 50 per cent of its future growth in India expected to be in technology, data science, and data analytics.
The sacred annual Amarnath Yatra has officially commenced, drawing thousands of devotees to the revered 3,880-metre-high cave shrine in the south Kashmir Himalayas under stringent security measures and comprehensive logistical support.
Former India women's hockey captain Asunta Lakra has written to the Sports Ministry, SAI, and IOA, alleging institutional protection of sexual harassment and intimidation of women athletes within the sport. She claims she faced threats and a smear campaign after raising concerns about an individual, Sudhir Gola, and has accused Hockey India Secretary General Bholanath Singh of threatening her. Singh denies the allegations, linking them to upcoming elections, while Hockey India President Dilip Tirkey has acknowledged Lakra's concerns and promised an amicable resolution.
The Durand Cup football tournament will feature 24 teams, including seven debutants, across five cities from July 25 to August 23. Kolkata remains the primary hub, hosting the final, while Ranchi, Imphal, Shillong, and Guwahati will also host matches, bringing together a diverse mix of Indian and overseas teams.
The Durand Cup, Asia's oldest football tournament, will commence on July 25 and conclude on August 23. This edition will feature 24 teams, including two foreign sides, with matches spread across five cities, including debutant host Ranchi. The tournament continues to be a vital platform for Indian football talent.
Indian benchmark indices Sensex and Nifty extended their winning streak to a fourth consecutive day, driven by strong buying in blue-chip bank stocks and a decline in global crude oil prices. Fresh foreign fund inflows also contributed to the optimistic sentiment in the domestic equity market.
India's Goods and Services Tax (GST) collections saw a significant 14 per cent increase in June, reaching approximately Rs 1.95 lakh crore. This surge was primarily driven by a substantial 34.6 per cent growth in tax mop-up from imports, alongside a 6.5 per cent rise in domestic supplies, reflecting the country's economic resilience despite global uncertainties.
