Domestic crypto exchange WazirX has sparked outrage among users after announcing a plan to distribute the $230 million loss from a recent cyberattack among its customers. The Mumbai-based platform suspended trading last week following the heist and aims to resume operations within a week while implementing a “socialised loss strategy.” WazirX’s proposal to distribute the…
Income Tax Return Filing FY 2023-24: For individual taxpayers whose accounts do not need auditing, the last date to file income tax returns (ITRs) for FY 2023–24 (AY 2024–25) is July 31, 2024. Missing this deadline means filing a belated ITR, which comes with penalties and interest. What is the penalty for belated ITR filing?…
The lab-grown diamond market has seen a significant drop in prices, from $300 a carat in July 2022 to $78 a carat recently. Natural diamonds experienced a 25-30% price drop too. Factors like rising gold prices, a downturn in the US economy, and changes in Chinese buying patterns have impacted the diamond industry negatively, reported…
NEW DELHI: Leader of opposition Rahul Gandhi on Monday cited Mahabharata‘s ‘chakravyuha’ to attack Bharatiya Janata Party-led NDA government at the centre while discussing Union budget 2024 in Lok Sabha. The Congress leader used Chakravyuha‘s lotus analogy to target the government saying it has created an “atmosphere of fear” in the country.“When I researched about…
India’s T20 World Cup win in Barbados on June 29, 2024, completed one month today, and the way fans came out to celebrate it online shows that the euphoria around the country’s second World Cup win in the shortest format continues. In the final at Bridgetown, India defeated South Africa in a thrilling finish to…
NEW DELHI: The Indian Embassy in Lebanon on Monday has issued an advisory for Indian nationals to stay in touch with the embassy amid the tense situation that erupted after the killing of children in Golan Heights. In the latest travel advisory issued, the Indian embassy in Lebanon warned Indian citizens and said, “in view…
The fiber optic networks of multiple telecommunications companies have been “sabotaged” in six regions of France, according to news agency AFP.Although Paris remains unaffected by these incidents.This comes in the wake of coordinated attacks that significantly disrupted France’s high-speed train network just days before the opening ceremony of the Olympics.The identity of those responsible for…
Image used for representative purpose only NEW DELHI: In Sindhudurg district of Maharashtra, a 50-year-old woman was discovered chained to a tree in a forest. Police officials reported on Monday that a photocopy of her US passport and other documents, including an Aadhaar card with a Tamil Nadu address, were found in her possession. The…
Boost for security forces on India-China border! The Border Roads Organisation (BRO), in collaboration with the Central Public Works Department (CPWD) and the National Projects Construction Corporation, has commenced the third phase of the strategic India, China Border Roads (ICBR) project. This initiative aims to enhance the road network in eastern Ladakh, facilitating faster movement…
NEW DELHI: The Supreme Court on Monday refused to interfere in the Jharkhand HC‘s order that granted bail to CM Hemant Soren in the alleged land scam and money laundering case.The apex court said that the “HC passed a well reasoned order” and dismissed the plea filed by the Enforcement Directorate.“We are not inclined to…
