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FINANCE BILL 2019
State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...- Who is Kunal Shah? From selling FreeCharge for ₹2,800 crore to building CRED and now leading WhatsAppKunal Shah, the brainchild behind CRED, is set to lead WhatsApp globally following Meta's substantial $900 investment. Known for scaling CR...
- Bill Gates reveals details about Jeffrey Epstein meeting as Microsoft co-founder faces tough questions about relationship with financierBill Gates said that he ended the relationship in 2014 after concluding Jeffrey Epstein could not deliver on those promises.
- Bill Gates to testify in congressional panel's Jeffrey Epstein investigationBill Gates is set to testify before a congressional panel investigating Jeffrey Epstein's files. The Microsoft co-founder's association wit...
- Quote of the day by Jennifer Lawrence: 'When you don't have anybody to take care of you, then you could go...' - motivational lessons on self-reliance, personal growth and how to take charge of your own life by Oscar-winning actress of Silver Linings PlaybookQuote of the day by Jennifer Lawrence: Her quote emphasizes the dual paths of independence: unchecked freedom or self-parenting through dis...
- From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
- Epstein files reveal ongoing ties with this one wealth managerDespite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...
- High hopes dashed: UK cost-of-living woes snare PM StarmerBritons are unhappy with Prime Minister Keir Starmer's government. Cost of living worries are high. Economic problems persist since 2008. R...
- Why CEA Anantha Nageswaran says India is facing a ‘Live Balance of Payments Stress Test’India faces significant external sector challenges due to rising oil prices, foreign investor exits, and a weakening rupee. Chief Economic ...
- Ordinance issued to increase number of Supreme Court judges from 34 to 38The government has increased the Supreme Court's judge strength. An ordinance now allows for 38 judges, up from 34. This includes the Chief...
- Maldives repays second $50 million Indian treasury bill: MuizzuThe Maldives has made a significant payment to India, settling a USD 50 million treasury bill. This move aims to reduce the nation's extern...
- Ramp seeks to raise $750 million at valuation of over $40 billionCorporate card startup Ramp is reportedly in talks to secure another $750 million at a valuation exceeding $40 billion. This potential fund...
- Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...
- US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
- Elon Musk wanted 'keys to kingdom,' OpenAI lawyer says at trialA high-stakes trial has begun over OpenAI's future. Elon Musk is suing the AI company, alleging it abandoned its mission to benefit humanit...
- Money gifts to NRIs are taxable from July 5, 2019, property gift tax rules unchangedWith the passing of Finance Bill 2019, NRIs will have to disclose such gifts received and pay tax on it as per the tax rules applicable.
- Task force on Direct Tax Code to submit report by July 31: FM Nirmala SitharamanThe new direct tax code is set to replace the existing Income Tax Act.
- Centre gets Lok Sabha nod to withdraw Rs 98.18 lakh crore from consolidated fundThe minister is scheduled to move the Finance Bill 2019, containing tax proposals of the government for the fiscal, for passage in the lowe...
- Finance Bill 2019 becomes Act: President okays interim Budget 2019Tax deducted at source (TDS) threshold for interest income to be increased from Rs 10,000 to Rs 40,000 per financial year.
- Rajya Sabha adjourned sine dieWhile Samajwadi Party MPs protested police lathicharge, TMC against the BJP over the Rafale fighter jet deal.
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