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New Income Tax Bill cleared by Parliament, awaits President's nod

New Delhi, Aug. 12 -- The Rajya Sabha on Tuesday passed the Income Tax Bill, 2025, a day after the Lok Sabha cleared it, paving the way to replace the previous six-decade-old law. It now awaits Presi... Read More


Elon Musk's AI chatbot Grok labels Trump as 'most notorious' criminal amid DC crime debate

India, Aug. 12 -- Elon Musk's AI chatbot Grok has posted a series of statements on the billionaire's social network X labeling President Donald Trump as "the most notorious criminal" in Washington, D.... Read More


What MrBeast told top donor who gave $2.2M to Team Water: 'You have a lot...'

India, Aug. 12 -- MrBeast's Team Water has added a top donor to its list. The venture aims to raise $40 million in August to fund long-term and sustainable water solutions. MrBeast is working with Ma... Read More


Hindalco's Q1 profit jumps, lifted by strong sales of value-added products

New Delhi, Aug. 12 -- Robust sales of value-added products such as mobile phone parts and battery enclosures helped aluminium and copper producer Hindalco Industries Ltd post a 30% year-on-year increa... Read More


Microlenders seek govt guarantee to tide over liquidity crunch

Mumbai, Aug. 12 -- India's microlenders have sought a sovereign-backed scheme that would guarantee bank loans to these institutions, allowing access to cheaper capital as they face a funding squeeze. ... Read More


Rajya Sabha returns Manipur Appropriation, GST Amendment Bills

Guwahati, Aug. 12 -- The Rajya Sabha returned the Manipur Appropriation Bill, 2025, and the Manipur Goods and Services Tax (Amendment) Bill, 2025, on Monday, amid protests by Opposition MPs over the S... Read More


Ex-NBR official Matiur breaks down in court; denied bail

, Aug. 12 -- Former National Board of Revenue (NBR) official Matiur Rahman, who is better known for his son's goat scandal, broke down in a Dhaka court on Tuesday while pleading for bail in a money la... Read More


EV startup Ultraviolette collects $21 mn from TDK Ventures, Zoho, others

New Delhi, Aug. 12 -- Electric motorcycles maker Ultraviolette said on Tuesday it has raised $21 million (Rs 184 crore) in a funding round from Japanese venture capital firm TDK Ventures, existing bac... Read More


Bandi Sanjay orders survey of 'enemy properties' in Telangana

Hyderabad, Aug. 12 -- Focusing on the status of 'enemy properties' in Telangana, Union Minister of State (MoS) Home, Bandi Sanjay Kumar, instructed officials to conduct an immediate survey to assess t... Read More


[Update] BlueStone IPO: Issue Subscribed 65% On Day 2

India, Aug. 12 -- Update | August 12, 20:02 The IPO of omnichannel jewellery brand BlueStone was subscribed 65% at the end of the second day of bidding. According to the BSE data, the public issue re... Read More