Why do banks lose money on personal guarantor claims?
Banks often recover less from personal guarantors because their actual personal assets may be far lower than the corporate guarantees they gave. Recovery is further affected by overlapping claims across related entities, limited assets available for repayment, and voting dynamics in insolvency tribunals, which can reduce the amount banks ultimately recover from guarantors after corporate default.
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News By: Vaishnavi Mishra
04:02 pm Saturday, 29 August 2026
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Banks often recover less from personal guarantors because their actual personal assets may be far lower than the corporate guarantees they gave. Recovery is further affected by overlapping claims across related entities, limited assets available for repayment, and voting dynamics in insolvency tribunals, which can reduce the amount banks ultimately recover from guarantors after corporate default.
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News By: Vaishnavi Mishra
04:02 pm Saturday, 29 August 2026
Sent on @inshortschannel Telegram
Over 7 crore income tax returns filed ahead of August 31 deadline
More than seven crore income tax returns have been filed for Assessment Year 2026-27, indicating strong taxpayer participation ahead of the deadline. Taxpayers with business or professional income must file ITR-3, ITR-4, ITR-5 or ITR-7 by August 31, 2026. With the deadline approaching, the Income Tax Department has urged taxpayers to complete their filings without delay.
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News By: Jessica Rajan
10:40 am Saturday, 29 August 2026
Sent on @inshortschannel Telegram
More than seven crore income tax returns have been filed for Assessment Year 2026-27, indicating strong taxpayer participation ahead of the deadline. Taxpayers with business or professional income must file ITR-3, ITR-4, ITR-5 or ITR-7 by August 31, 2026. With the deadline approaching, the Income Tax Department has urged taxpayers to complete their filings without delay.
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News By: Jessica Rajan
10:40 am Saturday, 29 August 2026
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Bitcoin slips below $80,000 as Fed sharpens inflation warning
Bitcoin fell below $80,000 after Fed Chair Kevin Warsh said inflation remains a concern, lifting short-term Treasury yields and reducing risk appetite. Warsh said financial conditions are not restrictive and stressed that inflation must move clearly toward the Fed's target, signalling rates could stay higher for longer. Bitcoin's decline was modest, while remaining above earlier-month levels.
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News By: Jessica Rajan
09:27 am Saturday, 29 August 2026
Sent on @inshortschannel Telegram
Bitcoin fell below $80,000 after Fed Chair Kevin Warsh said inflation remains a concern, lifting short-term Treasury yields and reducing risk appetite. Warsh said financial conditions are not restrictive and stressed that inflation must move clearly toward the Fed's target, signalling rates could stay higher for longer. Bitcoin's decline was modest, while remaining above earlier-month levels.
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News By: Jessica Rajan
09:27 am Saturday, 29 August 2026
Sent on @inshortschannel Telegram
The Great Khali meets with accident, pics show his car
WWE icon The Great Khali narrowly escaped injury after his SUV collided with another vehicle near the Panipat toll plaza while he was travelling from Punjab to Sonipat. No one was injured, though Khali's SUV was damaged. He later left the damaged vehicle and continued his journey towards Sonipat in another car.
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News By: Ankit Tiwari
09:09 pm Saturday, 29 August 2026
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WWE icon The Great Khali narrowly escaped injury after his SUV collided with another vehicle near the Panipat toll plaza while he was travelling from Punjab to Sonipat. No one was injured, though Khali's SUV was damaged. He later left the damaged vehicle and continued his journey towards Sonipat in another car.
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News By: Ankit Tiwari
09:09 pm Saturday, 29 August 2026
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A Hindu who thinks there should be no Muslim in Bharat, will not remain Hindu: RSS chief in US
During his US visit, RSS chief Mohan Bhagwat said that he was once asked, "You are a Hindu organisation, you say Hindu Rashtra, what about us Muslims? Would you drive us out?" "I said no, that is not Hindutva. If any Hindu thinks that there should be no Muslim in Bharat, he will not remain Hindu," Bhagwat further said.
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News By: Ankush Verma
11:04 pm Saturday, 29 August 2026
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During his US visit, RSS chief Mohan Bhagwat said that he was once asked, "You are a Hindu organisation, you say Hindu Rashtra, what about us Muslims? Would you drive us out?" "I said no, that is not Hindutva. If any Hindu thinks that there should be no Muslim in Bharat, he will not remain Hindu," Bhagwat further said.
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News By: Ankush Verma
11:04 pm Saturday, 29 August 2026
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How did a tea break save 28 Kailash Mansarovar pilgrims from Nepal floods?
A tea break helped save 28 Kailash Mansarovar pilgrims from being caught in Nepal floods, after two buses that departed half an hour ahead of them got washed away. They had travelled around 80 km from Kathmandu when they stopped for tea and learned about the incident. "We didn’t get...darshan, but God brought us home safely," one Indian pilgrim said.
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News By: Ankit Tiwari
07:00 am Sunday, 30 August 2026
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A tea break helped save 28 Kailash Mansarovar pilgrims from being caught in Nepal floods, after two buses that departed half an hour ahead of them got washed away. They had travelled around 80 km from Kathmandu when they stopped for tea and learned about the incident. "We didn’t get...darshan, but God brought us home safely," one Indian pilgrim said.
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News By: Ankit Tiwari
07:00 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
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N Korea dismisses defence minister in a major military reshuffle
North Korea's Defence Minister, No Kwang Chol, was dismissed on Saturday. The decision was made at a meeting led by Supreme Leader Kim Jong Un, during which they named Kim Song-gi as the new defence minister. Chol was not only dismissed but also demoted within the ruling party leadership to the "first vice-director of the Munitions Industry Department".
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News By: Udit Gupta
09:59 am Sunday, 30 August 2026
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North Korea's Defence Minister, No Kwang Chol, was dismissed on Saturday. The decision was made at a meeting led by Supreme Leader Kim Jong Un, during which they named Kim Song-gi as the new defence minister. Chol was not only dismissed but also demoted within the ruling party leadership to the "first vice-director of the Munitions Industry Department".
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News By: Udit Gupta
09:59 am Sunday, 30 August 2026
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Children dance to popular Hindi & Uzbek songs to welcome PM Modi in Uzbekistan
PM Narendra Modi, who arrived in Uzbekistan’s capital Tashkent was welcomed by children who performed to popular Hindi and Uzbek songs. “There was a performance on the evergreen ‘Ude Jab Jab Zulfein Teri’ and a fusion of Kathak and the energetic Andijan Polka,” PM Modi said. There was also a Tabla performance alongside traditional Uzbek instruments, Doira and Chang.
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News By: Aradhana
10:04 am Sunday, 30 August 2026
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PM Narendra Modi, who arrived in Uzbekistan’s capital Tashkent was welcomed by children who performed to popular Hindi and Uzbek songs. “There was a performance on the evergreen ‘Ude Jab Jab Zulfein Teri’ and a fusion of Kathak and the energetic Andijan Polka,” PM Modi said. There was also a Tabla performance alongside traditional Uzbek instruments, Doira and Chang.
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News By: Aradhana
10:04 am Sunday, 30 August 2026
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Maybe he has short-term memory loss: Wangchuk on Aamir's 'never met him before 3 Idiots' claim
Weeks after Aamir Khan claimed that his character in '3 Idiots' wasn't inspired by Sonam Wangchuk and he didn't even meet him before making the movie, the activist quipped that maybe Aamir has "short-term memory loss". "He may have forgotten our meeting after 15 minutes," Wangchuk said. He added he can't claim Phunsukh Wangdu's character was completely based on him.
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News By: Shalini ojha
10:26 am Sunday, 30 August 2026
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Weeks after Aamir Khan claimed that his character in '3 Idiots' wasn't inspired by Sonam Wangchuk and he didn't even meet him before making the movie, the activist quipped that maybe Aamir has "short-term memory loss". "He may have forgotten our meeting after 15 minutes," Wangchuk said. He added he can't claim Phunsukh Wangdu's character was completely based on him.
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News By: Shalini ojha
10:26 am Sunday, 30 August 2026
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Indian protesters confront Khalistan supporters creating chaos at RSS chief's event venue in US
Indian protesters confronted Khalistan supporters who arrived at Madison Square Garden in New York City and created chaos while RSS chief Mohan Bhagwat spoke inside. "China, no good, my friend...God made India," one protester was heard saying. He also sang Jana Gana Mana. At the event, Bhagwat said that unity in diversity is India's DNA.
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News By: Shalini ojha
10:36 am Sunday, 30 August 2026
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Indian protesters confronted Khalistan supporters who arrived at Madison Square Garden in New York City and created chaos while RSS chief Mohan Bhagwat spoke inside. "China, no good, my friend...God made India," one protester was heard saying. He also sang Jana Gana Mana. At the event, Bhagwat said that unity in diversity is India's DNA.
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News By: Shalini ojha
10:36 am Sunday, 30 August 2026
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Flood-like situation in Chitrakoot as Mandakini River swells, rescue ops launched
The Chitrakoot district administration has been put on high alert after a rise in the water level of the Mandakini River triggered a flood-like situation in low-lying areas, including the Ram Ghat and Nirmohi Akhada. Drones are being used to monitor affected areas, while NDRF and SDRF teams are engaged in rescue operations. "The situation is under control," officials said.
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News By: Anushka Singh
10:56 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
The Chitrakoot district administration has been put on high alert after a rise in the water level of the Mandakini River triggered a flood-like situation in low-lying areas, including the Ram Ghat and Nirmohi Akhada. Drones are being used to monitor affected areas, while NDRF and SDRF teams are engaged in rescue operations. "The situation is under control," officials said.
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News By: Anushka Singh
10:56 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
Iran’s trade falls 35%, inflation hits 66% amid US sanctions
Iranian President Masoud Pezeshkian said Iran’s trade has fallen by about 35%, while the country faces 66% inflation as US sanctions enter their sixth month. Meanwhile, Supreme Leader Mojtaba Khamenei called for “gradually phasing out the US dollar from playing a pivotal role.” The US recently launched Operation Economic Outcast, aimed at isolating Iran from the global financial system.
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News By: Aradhana
10:51 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
Iranian President Masoud Pezeshkian said Iran’s trade has fallen by about 35%, while the country faces 66% inflation as US sanctions enter their sixth month. Meanwhile, Supreme Leader Mojtaba Khamenei called for “gradually phasing out the US dollar from playing a pivotal role.” The US recently launched Operation Economic Outcast, aimed at isolating Iran from the global financial system.
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News By: Aradhana
10:51 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
Chandrachur's brother files FIR against relatives over fake will to grab mansion
Actor Chandrachur Singh's brother Abhimanyu Singh filed an FIR against their aunt Gaytri Devi, two cousins and four others, alleging they forged his grandfather's will to deprive his father of his inheritance. He claimed their family owns land across Jalalpur and nearby villages, along with the ancestral Jalalpur Estate mansion, which his aunt allegedly occupied in collusion with seven others.
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News By: Udit Gupta
11:13 am Sunday, 30 August 2026
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Actor Chandrachur Singh's brother Abhimanyu Singh filed an FIR against their aunt Gaytri Devi, two cousins and four others, alleging they forged his grandfather's will to deprive his father of his inheritance. He claimed their family owns land across Jalalpur and nearby villages, along with the ancestral Jalalpur Estate mansion, which his aunt allegedly occupied in collusion with seven others.
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News By: Udit Gupta
11:13 am Sunday, 30 August 2026
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Sonam Wangchuk reacts to Salman Khan's viral 'Sonam, it's done bro' remark
Activist Sonam Wangchuk reacted to Salman Khan's viral "Sonam, it's done, bro" remark, which the actor made while urging Wangchuk to end his hunger strike. Sonam said, "I want to take it in positive spirit...Everyone may have their compulsions." He added, "Sometimes...one has to look around and consider various factors...I respect what he said...but I wouldn't...comment on compulsions behind it."
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News By: Anmol Sharma
11:11 am Sunday, 30 August 2026
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Activist Sonam Wangchuk reacted to Salman Khan's viral "Sonam, it's done, bro" remark, which the actor made while urging Wangchuk to end his hunger strike. Sonam said, "I want to take it in positive spirit...Everyone may have their compulsions." He added, "Sometimes...one has to look around and consider various factors...I respect what he said...but I wouldn't...comment on compulsions behind it."
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News By: Anmol Sharma
11:11 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
Microsoft-used AI data centre accused of running without permits
DataOne, New Jersey's largest planned AI data centre, has allegedly operated dozens of gas generators without required federal permits, according to The Guardian. Thermal footage showed 45 of 62 generators running at its Vineland facility, which supplies AI computing to Microsoft through a $17 billion Nebius deal. Former EPA official Bruce Buckheit said operations could violate federal law.
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News By: Jessica Rajan
11:27 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
DataOne, New Jersey's largest planned AI data centre, has allegedly operated dozens of gas generators without required federal permits, according to The Guardian. Thermal footage showed 45 of 62 generators running at its Vineland facility, which supplies AI computing to Microsoft through a $17 billion Nebius deal. Former EPA official Bruce Buckheit said operations could violate federal law.
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News By: Jessica Rajan
11:27 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
2 men buy tickets & enter museum, steal ₹38 cr necklace in Vienna
Two men stole a 200-carat necklace from Vienna's Museum of Applied Arts, police confirmed. The accused had purchased tickets for the museum like regular visitors, then used a hammer to smash the glass display case and ran away. The necklace was adorned with 673 diamonds and was reportedly worth $4 million (approximately ₹38 crore).
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News By: Shalini ojha
11:26 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
Two men stole a 200-carat necklace from Vienna's Museum of Applied Arts, police confirmed. The accused had purchased tickets for the museum like regular visitors, then used a hammer to smash the glass display case and ran away. The necklace was adorned with 673 diamonds and was reportedly worth $4 million (approximately ₹38 crore).
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News By: Shalini ojha
11:26 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
Nepal to bury unidentified flood victims, collect DNA samples for identification later
Nepal authorities will bury unidentified remains of people who died in flash floods, a News18 report said. Officials in Chitwan said preserving the bodies was becoming increasingly difficult as hospitals lacked sufficient facilities. Authorities will collect DNA samples from each body, while identification numbers will be assigned to remains before burial to enable identification at a later stage.
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News By: Aradhana
11:41 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
Nepal authorities will bury unidentified remains of people who died in flash floods, a News18 report said. Officials in Chitwan said preserving the bodies was becoming increasingly difficult as hospitals lacked sufficient facilities. Authorities will collect DNA samples from each body, while identification numbers will be assigned to remains before burial to enable identification at a later stage.
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News By: Aradhana
11:41 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
Which is better, Updated ITR or FAST-DS if a person fails to report foreign income?
Taxpayers, who realise they've failed to disclose foreign income, have two routes: file an Updated Income-tax Return (ITR-U) or use Foreign Assets of Small Taxpayers - Disclosure Scheme, 2026 (FAST-DS). Taxpayers may find ITR-U economical when tax has been deducted overseas. FAST-DS may be attractive when funds' source is fully accounted for, but asset was accidentally omitted from Schedule FA.
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News By: Bhuvnesh Ojha
11:33 am Sunday, 30 August 2026
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Taxpayers, who realise they've failed to disclose foreign income, have two routes: file an Updated Income-tax Return (ITR-U) or use Foreign Assets of Small Taxpayers - Disclosure Scheme, 2026 (FAST-DS). Taxpayers may find ITR-U economical when tax has been deducted overseas. FAST-DS may be attractive when funds' source is fully accounted for, but asset was accidentally omitted from Schedule FA.
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News By: Bhuvnesh Ojha
11:33 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
AAP leader shot dead in Punjab months before elections
AAP leader Gurpreet Singh Gopi was shot dead after armed assailants allegedly chased the motorcycle on which he was riding and opened fire in Punjab's Ferozepur. The police said an old dispute was behind the attack, with an election-related dispute emerging as a key angle in the investigation. Notably, elections are expected to be held in Punjab in February 2027.
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News By: Bhuvnesh Ojha
11:48 am Sunday, 30 August 2026
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AAP leader Gurpreet Singh Gopi was shot dead after armed assailants allegedly chased the motorcycle on which he was riding and opened fire in Punjab's Ferozepur. The police said an old dispute was behind the attack, with an election-related dispute emerging as a key angle in the investigation. Notably, elections are expected to be held in Punjab in February 2027.
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News By: Bhuvnesh Ojha
11:48 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
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Shooting breaks out at Switzerland rave party attended by 3,500 people, several injured
Several people were injured after a shooting at a rave party near Zurich in Switzerland, reports said. The incident occurred shortly after 2:30 am, when many visitors were at the horse racing track for the “Aarau Rave,” local newspaper Blick reported. The incident reportedly happened at the horse racing track, while Puma helicopters were also deployed at the site.
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News By: Aradhana
11:45 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
Several people were injured after a shooting at a rave party near Zurich in Switzerland, reports said. The incident occurred shortly after 2:30 am, when many visitors were at the horse racing track for the “Aarau Rave,” local newspaper Blick reported. The incident reportedly happened at the horse racing track, while Puma helicopters were also deployed at the site.
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News By: Aradhana
11:45 am Sunday, 30 August 2026
Sent on @inshortschannel Telegram
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