The new Income Tax Bill, passed by Lok Sabha on Monday, has retained the provisions regarding ITR filing for TDS claims and tax exemptions for anonymous donations made to all religious-cum-charitable trusts, as in the existing tax laws. The original Income Tax Bill, which was brought in Parliament in February, had done away with this exemption and the ITR filing flexibility for claiming TDS refunds.
United States President Donald Trump has warned that countries aligning with the BRICS economic bloc will face additional 10 per cent tariffs on their goods, as he seeks to protect the dollar's global dominance.
The Indian government has released data detailing the expenses incurred on Prime Minister Narendra Modi's foreign visits from 2021 to 2025, including trips to the US, France, and other countries.
President Donald Trump on Tuesday claimed that BRICS was established to "hurt" the US and "degenerate" the dollar as he warned that the member countries of the bloc would face a 10 per cent tariff. Trump made the remarks while talking to reporters at the sixth Cabinet meeting at the White House.
India's merchandise exports to the US rose by 16.93 per cent to $8.83 billion in May, while imports dipped by 5.76 per cent to $3.62 billion during the month, according to the commerce ministry data. During April-May, the country's exports to the US increased by 21.78 per cent to $17.25 billion, while imports rose by 25.8 per cent to $8.87 billion, the data showed.
India's purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. As much as 38 per cent out of an estimated 5.2 million barrels per day of crude oil imported in the first half of August came from Russia, according to global real-time data and analytics provider Kpler.
US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
Manika Batra shocked World No. 2 Wang Manyu of China to secure the biggest win of her singles career.
Formula One will have two races in Spain next season with Madrid's new street circuit making its debut in September and Italy's Imola dropping off the 24-round calendar, F1 and the governing FIA announced on Tuesday.
Cristiano Ronaldo scored twice in the second half, including a penalty, to guide Al-Nassr to a 3-1 win over Al-Hilal in the race for the Saudi Pro League title on Friday.
The trade relationship between India and the United States has been strained by the imposition of 25% tariff by the US on Indian goods.
Reliance 4IR Realty Development, a unit of Mukesh Ambani's Reliance Industries, paid a Rs 86.5 crore 'development fee' to license the Trump brand for a forthcoming real estate project in Mumbai.
Aleksandar Mitrovic marked his return to action following a two-month injury layoff by scoring a late goal in Al-Hilal's 2-0 win at Al-Fayha in the Saudi Pro League on Friday.
Underdogs Kawasaki down Ronaldo's Al-Nassr to book Asian final berth
Saudi Arabian Crown Prince Mohammed bin Salman arrived in New Delhi on a three-day state visit during which he will hold a bilateral meeting and co-chair the first leaders' meeting of the Strategic Partnership Council with Prime Minister Narendra Modi.
Australian Oscar Piastri won the Saudi Arabian Grand Prix on Sunday to take the lead in the Formula One world championship
Meghna Alam's arrest came soon after she claimed that she had an affair with a married Saudi diplomat posted to Bangladesh, who she blamed for 'trying to silence her with the help of law enforcement agencies'.
Nadal aims to play at French Open, Olympics
'China reduced its exports of urea to India gradually.' 'In 2020-2021 we imported 28 lakh tonnes of urea which reduced to 16 lakh tonnes in 2022-2023 and that has now reduced to 1 lakh tonnes in 2024-2025.'
The government is likely to give a subsidy of Rs 30,000-35,000 crore to state-run oil companies - Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) - to compensate for losses incurred from selling LPG at below cost over the past 15 months, according to a senior official.
The Israel Defence Forces (IDF) on Saturday issued a new graphic showing Kashmir as Indian territory, rectifying their previous mistake.
India is working with Yemeni authorities and friendly nations to find a solution for Nimisha Priya, the Indian nurse sentenced to death in Yemen for murder. The government is seeking more time for Priya's family to reach an understanding with the victim's family.
Al-Hilal powered into the semi-finals of the Asian Champions League Elite in Jeddah on Friday as Jorge Jesus's Saudi Pro League side demolished South Korea's Gwangju 7-0 to move closer to a record-extending fifth continental title.
'And there are very clear indicators of what fans want. There is enough data to suggest what direction the game is going in.'
Neymar was introduced in the 64th minute for fellow Brazilian Michael and set up Malcom to score Al-Hilal's fourth in the 83rd minute.
Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space.
McLaren's Formula One leader Lando Norris called himself an idiot after crashing in Saudi Arabian Grand Prix qualifying on Saturday, and he stuck by the self-criticism when talking to reporters afterwards.
Chinese President Xi Jinping has arrived in Saudi Arabia on a three-day visit. Xi will not only meet with Saudi King Salman and his son Crown Prince Mohammad bin Salman, but also other leaders in the region.
The Indian government has informed Parliament that 25 Indian nationals have been sentenced to death in the UAE, but the judgments are yet to be implemented. The Ministry of External Affairs stated that 10,152 Indian prisoners, including undertrials, are currently incarcerated in foreign prisons. The government provides assistance to Indian nationals sentenced to death abroad, including consular access and legal aid. In the past five years, Indian nationals have been executed in Malaysia, Kuwait, Qatar, and Saudi Arabia. The UAE authorities have not shared any data regarding the execution of Indians, but informal information suggests no executions have occurred since 2020.
"Intermittent pauses in hostilities are not enough to address the scale of humanitarian challenges confronting the people, who grapple daily with acute shortages of food and fuel, inadequate medical services and lack of access to education," Harish said at the open debate on the 'Situation in the Middle East, including the Palestinian question'.
Ivan Toney, once Brentford's lynchpin in attack, has moved to Al-Ahli for 40 million pounds ($52.50 million).
If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.
Saudi Arabia announced it would bid only minutes after soccer's global governing body called for Asia and Oceania bids on October 4.
'It is high time that the 'war on terror' is removed from our diplomatic toolbox.' 'Certainly, our parliamentarians have no role in it,' asserts Ambassador M K Bhadrakumar.
US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.
The Congress party has launched a scathing attack on Prime Minister Narendra Modi, accusing him of being unable to deny US President Donald Trump's claims of mediating a ceasefire between India and Pakistan due to a 'weak wicket' and potential cover-ups. Congress leaders assert that Modi's silence implies a tacit acceptance of Trump's assertions, potentially driven by pressure for a favorable trade deal.
Unveiling his launch day playlist, the Indian pilot revealed that he loves to listen to Shah Rukh Khan's Swades song Yuh Hi Chala Chal.
Qatar, the highest-seeded team among the four, will host Group H, with the matches slated to be played between September 1 to 9.
Brazil forward Neymar has signed for Al-Hilal from French champions Paris St Germain
India's trade deficit with China neared $100 billion in FY25, amid escalating concerns of dumping, data released by the commerce department on Wednesday showed. Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion.
