There are several changes in the draft income tax rules that impact the way you pay income tax. (AI image) Draft Income Tax Rules 2026: The Income Tax Department has released a new set of draft income tax rules, which once finalised, will be applicable for financial year 2026-27. There are several changes in the…
The Court emphasized that Section 7 does not prescribe a uniform ritual requirement but recognizes diversity of customary practices. (AI image) Restating the legal presumption in favor of the validity of marriage, the Delhi High Court has held that, in the absence of direct evidence showing performance of Saptapadi, the traditional taking of seven steps…
Rajesh Nambiar Nasscom president Nasscom President Rajesh Nambiar has strongly dismissed fears that AI tools will eliminate technology services jobs, despite market concerns wiping out $50 billion from Indian IT companies’ market value since 2025. He emphasizes that large enterprises’ complex technology needs and regulatory requirements make IT services essential, even as AI adoption grows.“Concerns…
The United States is observing Presidents Day on Monday, Feb. 16, a federal holiday honouring the country’s presidents, especially George Washington. As Americans mark the occasion, one of the common question is what services, like Banking, etc., remain open and what’s shutdown.Since Presidents Day is one of the official federal holidays in the US, several…
Stock market today (AI image) Stock market today: After deep cuts towards the end of last week, Nifty50 and BSE Sensex, opened in red on Monday. While Nifty50 was below 25,450, BSE Sensex dropped over 100 points in opening trade. At 9:16 AM, Nifty50 was trading at 25,434.35, down 37 points or 0.14%. BSE Sensex…
Global oil prices remained steady on Monday as markets closely watch upcoming talks between United States and Iran. While concerns over potential disruptions in oil supply due to US-Iran tensions kept prices stable, OPEC+ is considering increasing production from April. The day saw Brent crude futures slightly down at $67.72 per barrel, while US WTI…
As February progresses, customers planning to visit banks are advised to check the holiday schedule in advance to avoid inconvenience. In India, banks observe both national and state-specific holidays, which means closure dates can differ from one region to another.Next week, several banks across the country will remain closed for state observances: February 18: Banks…
Benchmark indices Sensex and Nifty ended the week lower, each falling more than 1%, dragged down by a sharp selloff in IT stocks that weighed on investor sentiment amid growing concerns over potential AI-driven disruptions. Stronger-than-expected US jobs data for January also reduced hopes of an interest rate cut by the Federal Reserve.According to The…
Macroeconomic data, global geopolitical developments and rising concerns over AI-related disruptions are likely to dictate stock market sentiment in the coming week, analysts said, even as investors remain cautious amid persistent volatility.Trading activity of foreign investors and movements in the domestic currency are also expected to influence market direction. Focus on US data, fed outlook…
MUNICH: US secretary of state Marco Rubio has said that India has committed to stop buying Russian oil, days after New Delhi reiterated that “national interests” would be the “guiding factor” for energy procurement.US President Donald Trump, while announcing a trade deal with New Delhi early in Feb, had said India had agreed to not…
