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Student loan forgiveness becomes taxable again in 2026, triggering a costly tax bomb for IDR borrowers

Student loan forgiveness becomes taxable again in 2026, experts warn of looming IDR tax bills. (Getty Images) Student loan borrowers whose remaining balances are cancelled from 2026 onwards may face significant federal tax bills after a temporary tax shield expired at the end of 2025. The change affects millions enrolled in income-driven repayment plans, raising…

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‘Allegations were levelled against me’: Ajit Pawar defends NCP’s ‘criminal’ candidates; warns against presuming guilt | India News

NEW DELHI: Maharashtra deputy chief minister Ajit Pawar on Friday defended his party, NCP’s decision to give tickets to candidates with criminal backgrounds for the upcoming civic polls, saying no one should be considered a criminal until proven guilty.Pawar’s remarks came after Union minister and BJP leader Murlidhar Mohol criticised the NCP for fielding candidates…

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EV race: Tesla loses top spot after second year of delivery decline; BYD overtakes in global sales

Tesla has lost its position as the world’s largest electric vehicle maker after deliveries fell for a second consecutive year in 2025, weighed down by intensifying competition and weakening demand in key markets, AP reported.The US electric carmaker said it delivered 1.64 million vehicles in 2025, a decline of 9 per cent from the previous…

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Who is Erling Haaland? Premier League footballer’s pic with Team India batter Shubman Gill goes viral | Cricket News

Shubman Gill and Erling Haaland A photo of India men’s ODI and Test cricket team captain Shubman Gill with footballer Erling Haaland has gone viral on social media, which has become a point of excitement among fans of both sports. They exchanged jerseys and shoes in a never-seen-before crossover moment between cricket and football. Why…

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The white-collar breakdown: How AI, unemployment, and broken hiring systems are rewriting the meaning of work

Every era has its quiet crisis. Ours is unfolding not on factory floors or picket lines, but behind glowing laptop screens, in browser tabs stacked with unanswered job applications. For millions of white-collar professionals, the modern search for work has become an exercise in attrition, emotionally draining, algorithmically opaque, and increasingly detached from any recognisable…

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Punjab: Mann government expands pregnancy care at Aam Aadmi Clinics; 10,000 women get free ultrasounds in four months | India News

Punjab: Mann government expands pregnancy care at Aam Aadmi Clinics; 10,000 women get free ultrasounds in four months The Punjab government has expanded pregnancy-related healthcare services at Aam Aadmi Clinics, with official data showing increased use of ante-natal care across the state within four months of the rollout.According to the government, more than 10,000 pregnant…

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Larry Ellison, Elon Musk, Donald Trump & more: How world’s richest 500 people added a whopping $2.2 trillion to their wealth in 2025

Technology billionaires were at the forefront of the advance, with sustained enthusiasm around artificial intelligence driving gains in US mega-cap shares. (AI image) Did you know that the world’s wealthiest and richest 500 people added a whopping $2.2 trillion to their wealth in 2025? The rise was a result of powerful rallies across global markets…

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JEE Main 2026: NTA extends deadline for photo verification certificate submission till January 15

JEE Main 2026: NTA extends deadline for photo verification The National Testing Agency (NTA) is holding the JEE (Main) 2026 examination in two sessions. The online registration for Session 1 was available between October 31 and November 27, 2025. After NTA scrutinized the application process, it was found that some of the candidates had given…

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Himachal Pradesh: Student dies after ragging, sexual harassment; professor, 3 seniors booked | India News

NEW DELHI: Three students of a government college in Dharamshala, Himachal Pradesh, have been booked for ragging and voluntarily causing hurt, while a college professor has been accused of sexually harassing a 19-year-old woman who later died, police said on Friday.The student died during treatment at a hospital in Ludhiana on December 26. The case…

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Tobacco tax fallout: LIC loses Rs 10,445 crore in two days; ITC shares slide 14% after duty hike

India’s largest institutional investor, Life Insurance Corporation of India (LIC), has seen the value of its investment in ITC erode by Rs 10,445 crore over just two sessions, after the FMCG major’s shares plunged sharply following a steep hike in cigarette duties, ET reported.LIC held a 15.86 per cent stake in ITC, equivalent to about…

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