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Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...
US-Iran agree to setup direct channel with IRGC to de-escalate conflict, says VP VanceUS Vice President JD Vance confirmed a direct deconfliction channel between US and Iran military representatives, including the IRGC and CE...
Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
Meet Kondragunta Mahalakshmamma: The 94-year-old Andhra woman who gave up US citizenship to 'die as an Indian'A 94-year-old Andhra Pradesh woman, Kondragunta Mahalakshmamma, has renounced her US citizenship to reclaim her Indian nationality. Her hea...
'Passport never been proof of citizenship': Govt cites Passports Act 1967, Bombay HC rulingGovernment clarifies a passport has never been definitive proof of citizenship, citing the Passports Act and Bombay High Court rulings. Thi...
Lawyers for Gautam Adani urge US judge to dismiss criminal caseIndian billionaire Gautam Adani's lawyers are pushing a U.S. judge to officially drop criminal charges after the Justice Department announc...
Travelling abroad a Fundamental Right: Delhi court permits accused to visit ThailandA Delhi court has permitted an accused in a multi-crore bank loan fraud case to travel to Thailand for her children's summer vacation. The ...
On ESOP value over US$ 60,000 US estate tax up to 40% can be levied after death of even a non-US resident; Here’s how to manage its impact on legal heirsIndian professionals holding US ESOPs and RSUs face a significant risk of up to 40% US estate tax on assets exceeding $60,000 after their d...
Satcom firms flag omission of GMPCS in DoT's draft spectrum allocation rulesSatellite communication firms are concerned over the exclusion of Global Mobile Personal Communications Service (GMPCS) providers from draf...
Jindal Poly Films row reaches SC again as minority investors seek revival of class action suitMinority shareholders of Jindal Poly Films have approached the Supreme Court, seeking to revive India's first corporate class action suit. ...
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
Regulatory minefield: ED enters the crypt, waking up the ghosts for Crypto IncIndia's crypto sector faces a new crisis as the Enforcement Directorate probes four firms for unauthorized foreign money transfers using di...
Bombay HC cancels 'Duphachrit' trademark, rules it deceptively similar to Abbott's 'Dupha' familyThe Bombay High Court has cancelled Thane-based Menschlich Healthcare's trademark 'Duphachrit' in favour of Abbott Product Operations AG. T...
OpenAI chief tells G7 to 'not cede responsibilities' to AI giantsAt the G7 summit, OpenAI's Sam Altman implored global leaders to take charge of artificial intelligence regulation. He champions the idea t...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
US Supreme Court rejects TCS appeal in $168 million trade secrets caseThe U.S. Supreme Court has refused to hear Tata Consultancy Services' appeal. This upholds a $168 million award against Tata. DXC Technolog...
EPFO asks retired employee to return Rs 2.5 crore PF money over company's trust exemption lapse; he fights in HC and winsA retired employee received relief from the Telangana High Court. The Employees' Provident Fund Organisation had demanded Rs 2.5 crore PF m...
Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
Constitutional expert questions plan of TMC rebel MPs to seek 'real TMC' status from SpeakerRebel Trinamool Congress MPs plan to approach Lok Sabha Speaker Om Birla seeking recognition as the 'real TMC' parliamentary group. A const...
From Homemaker to Dairy Queen: All about Daryaben, this Gujarat woman who built a Rs 1.85 crore empireDaryaben Rajput, a homemaker from Gujarat, transformed her modest dairy operation into a crore-rupee business. Managing over 300 cattle and...