Medicine shop owner deposits Rs 2.47 crore cash in bank account, gets income tax notice for unexplained cash; wins case in ITAT Delhi for this reasonMr Kumar, a medicine shop owner had deposited Rs 2.47 crore cash in his bank account during demonetisation period, he got an unexplained ca...
30 Sep, 2026, 05.57 PM IST
Grain trader deposited Rs 5.2 crore cash in bank, filed ITR declaring Rs 7.65 lakh income, got unexplained deposit income tax notice; won case in ITAT Delhi for this reasonWhen Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs...
30 Sep, 2026, 05.44 PM IST
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdoneBank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the re...
30 Sep, 2026, 02.44 PM IST
₹12 lakh in stocks, ₹10 lakh health insurance but just ₹18,000 cash in bank account: Corporate employee shares 2 AM ‘rich on paper’ reality checkA corporate employee's Reddit post has highlighted the gap between having investments and having readily accessible emergency cash. He clai...
30 Sep, 2026, 01.19 PM IST
OpenAI's annual recurring revenue nears $70 billion, Axios reportsThe ChatGPT maker's annualised revenue run rate has grown more than 70% since the beginning of the third quarter, the report said.
29 Sep, 2026, 08.59 PM IST
A $375 million ground lease transformed Washington's Old Post Office into a Waldorf Astoria; 2 years after acquisition, foreclosure ended the investor's control of the propertyA $375 million transaction changed the identity of Washington, D.C.’s Old Post Office building, moving the property from the Trump Internat...
29 Sep, 2026, 07.33 PM IST
Groom gets Rs 10 lakh cash and gold jewellery from wedding guests. Now he has to keep record of these gifts. But why?A wedding gift of ₹10 lakh in cash sounds like a reason to celebrate, but one woman's post about her cousin's gift has sparked a very diffe...
29 Sep, 2026, 05.11 PM IST
Will interest rates of PPF, SCSS and other small savings schemes go up on September 30 in next quarterly review due to high inflation?On September 30, 2026, the Finance Ministry will evaluate interest rates for small savings schemes. With high inflation and increasing G-Se...
29 Sep, 2026, 04.49 PM IST
Small Habit That Changed Their Finances: Zerodha's Nithin Kamath reveals how a Rs 20,000 credit card debt changed his money habitsNithin Kamath’s financial philosophy centres on learning from debt, maintaining cash reserves and investing with discipline. After a Rs 20,...
29 Sep, 2026, 12.59 PM IST
Do banks report deposits over $10,000 to the IRS? What really happens when you cross the cash reporting thresholdA cash deposit exceeding $10,000 in a single day triggers an automatic report to the federal government. Financial institutions do not make...
29 Sep, 2026, 01.49 AM IST
13 killed, dozens injured in suicide attack in northwest PakistanAt least 13 people were killed in a suicide bombing targeting a police checkpost in Dera Ismail Khan. The attack involved a tractor-trolley...
26 Sep, 2026, 11.18 PM IST
What went wrong with Amazon Prime that led to a $2.5 billion FTC settlement? Here’s what eligible customers can actually receiveAmazon Prime FTC settlement refunds: The Federal Trade Commission just forced a massive recalculation of how much digital friction a compan...
26 Sep, 2026, 05.51 PM IST
Brahma AI targets global scale with $2 billion valuation, Silicon Valley pushBrahma AI is set to expand its presence in Silicon Valley, moving into various sectors including sports and healthcare. The company aims to...
25 Sep, 2026, 02.38 PM IST
Florida's Ochopee post office is a 61.3-square-foot shed that once held irrigation pipe for a tomato farm; it has served three counties since a 1953 fireIn Ochopee, Florida, the smallest post office in the United States stands at a mere 61.3 square feet. Originally a shed for irrigation pipe...
25 Sep, 2026, 02.10 PM IST
MCA cautions against investing in Nidhi companies without due diligenceThe Ministry of Corporate Affairs has issued a warning regarding Nidhi Companies and their investment practices. Nidhi Companies are mutual...
24 Sep, 2026, 06.51 PM IST
How will MDR on UPI affect your mutual fund investments? Will AMCs and brokers pass on the costs to users?The introduction of a 0.02% merchant discount rate will impact specific mutual fund and broking transaction payments. One-time investments ...
23 Sep, 2026, 07.32 PM IST
The 'curious' case of Buddhist Studies department: Why it remains an epicentre in DUSU politicsThis year, seven of the 10 candidates who contested the four central-panel posts in the Delhi University Student Union (DUSU) elections wer...
19 Sep, 2026, 08.26 PM IST