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Overseas holdings under scrutiny: IT dept flags non-disclosure; taxpayers get last chance to revise ITRs- get details

The Income Tax department will begin sending SMS and email alerts from November 28 to about 25,000 individuals flagged as “high-risk” for not disclosing foreign assets in their income tax returns (ITRs) for Assessment Year 2025–26, PTI reported citing sources. The cases were shortlisted on the basis of data received from foreign jurisdictions under the…

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‘Shame on us’: John Abraham reacts to Indian football’s crisis; amplifies players’ plea to FIFA | Football News

NEW DELHI: Bollywood actor and Northeast United FC co-owner John Abraham spoke about the situation in Indian football and called it a “shame”.Sharing a recent video in which senior footballers appealed to FIFA to intervene as the Indian Super League (ISL) remains suspended, Abraham wrote, “Shame on us… this is what we have come to.“On…

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Can Donald Trump’s mortgage bond push lower home loan rates? New Fannie–Freddie limits reignite risk debate

The Trump administration has quietly expanded the scope for government-backed mortgage giants Fannie Mae and Freddie Mac to buy far more mortgage bonds than previously allowed, a move aimed at lowering home loan rates but one that has revived concerns about financial risk and policy overreach.According to an internal email obtained by the Associated Press,…

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Who is Kevin Warsh? Secret White House meeting with Trump that made him lead Fed Chair race

Who is Kevin Warsh? The Man Poised to Lead the Federal Reserve Amidst Economic Uncertainty As the US approaches a potentially pivotal moment in global economic policy, former Federal Reserve Governor Kevin Warsh has emerged as the leading candidate to replace Jerome Powell as the next Federal Reserve Chair, a decision expected to be formally…

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Delhi CM Rekha Gupta holds pre-budget consultation with gig workers, farmers, workers | India News

Delhi CM Rekha Gupta (File photo) Delhi chief minister Rekha Gupta on Thursday held pre-budget consultation with gig workers, labourers, farmers, and representatives from rural areas of the national capital, assuring that their interests were a priority for her government. The Delhi government will table its annual budget for 2025-26 in the upcoming Budget session…

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Defence exports skyrocket to record Rs 38,424cr in 2025-26, 62.7 per cent rise over previous fiscal | India News

New Delhi: In line with PM Modi’s vision to position India among the world’s top defence exporters, the country’s military exports have touched an all-time high of Rs 38,424 crore in the financial year (FY) 2025-26, marking a sharp 62.7 per cent rise over the previous fiscal year’s figure of Rs 23,622 crore.Lauding the exemplary…

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