Income-Tax Bill 2025 withdrawn
The government has formally withdrawn the Income-Tax Bill, 2025, introduced in Lok Sabha on February 13 to replace the 1961 Income-Tax Act. A revised version, incorporating most recommendations of the Baijayant Panda-led Select Committee, will be introduced in due course, Finance Minister Nirmala Sitharaman said. The government aims to implement the new Income Tax law from April 1, 2026.
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News By: Anmol Sharma
03:55 pm Friday, 08 August, 2025
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The government has formally withdrawn the Income-Tax Bill, 2025, introduced in Lok Sabha on February 13 to replace the 1961 Income-Tax Act. A revised version, incorporating most recommendations of the Baijayant Panda-led Select Committee, will be introduced in due course, Finance Minister Nirmala Sitharaman said. The government aims to implement the new Income Tax law from April 1, 2026.
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News By: Anmol Sharma
03:55 pm Friday, 08 August, 2025
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Govt approves ₹30,000-crore compensation to oil marketing companies for LPG losses
The Union Cabinet approved compensation amounting to ₹30,000 crore to the three Public Sector Oil Marketing Companies (IOCL, BPCL & HPCL) for the under-recoveries incurred on sale of domestic LPG. The government said that the distribution of the compensation within OMCs will be done by Ministry of Petroleum and Natural Gas, adding that it will be paid in twelve tranches.
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News By: Anmol Sharma
04:47 pm Friday, 08 August, 2025
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The Union Cabinet approved compensation amounting to ₹30,000 crore to the three Public Sector Oil Marketing Companies (IOCL, BPCL & HPCL) for the under-recoveries incurred on sale of domestic LPG. The government said that the distribution of the compensation within OMCs will be done by Ministry of Petroleum and Natural Gas, adding that it will be paid in twelve tranches.
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News By: Anmol Sharma
04:47 pm Friday, 08 August, 2025
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18-year-old Victoria Mboko beats 4 Grand Slam champions to win Canadian Open
Canada's 18-year-old tennis player Victoria Mboko defeated four Grand Slam champions on her way to winning Canadian Open 2025. She defeated four-time Grand Slam champion Naomi Osaka 2-6, 6-4, 6-1 in the final. She beat one-time champion Sofia Kenin in the second round, two-time champion Coco Gauff in the round of 16 and one-time champion Elena Rybakina in the semi-final.
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News By: Anmol Sharma
05:16 pm Friday, 08 August, 2025
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Canada's 18-year-old tennis player Victoria Mboko defeated four Grand Slam champions on her way to winning Canadian Open 2025. She defeated four-time Grand Slam champion Naomi Osaka 2-6, 6-4, 6-1 in the final. She beat one-time champion Sofia Kenin in the second round, two-time champion Coco Gauff in the round of 16 and one-time champion Elena Rybakina in the semi-final.
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News By: Anmol Sharma
05:16 pm Friday, 08 August, 2025
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Gold hits all-time high of ₹1.02 lakh per 10 gm amid Trump's 50% tariff on India
Gold prices hit an all-time high on Friday, with 24-karat gold reaching ₹1.02 lakh per 10 grams after US President Donald Trump raised tariffs on India to 50%. Meanwhile, a report claimed that Trump has imposed tariffs on imports of 1 kg gold bars from Switzerland, causing US gold futures to hit a record high of $3,477 (about ₹3.04 lakh).
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News By: Medhaa Gupta
06:42 pm Friday, 08 August, 2025
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Gold prices hit an all-time high on Friday, with 24-karat gold reaching ₹1.02 lakh per 10 grams after US President Donald Trump raised tariffs on India to 50%. Meanwhile, a report claimed that Trump has imposed tariffs on imports of 1 kg gold bars from Switzerland, causing US gold futures to hit a record high of $3,477 (about ₹3.04 lakh).
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News By: Medhaa Gupta
06:42 pm Friday, 08 August, 2025
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PM Modi speaks with Putin amid Trump tariff row
PM Narendra Modi had a telephone conversation with Russian President Vladimir Putin. Putin briefed PM on latest developments concerning Ukraine. The two leaders reviewed progress in the bilateral agenda, and PM Modi invited Putin to India later this year for 23rd India-Russia Annual Summit. This comes amid US President Donald Trump's tariff pressure over India's import of oil from Russia.
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News By: Daisy Mowke
06:51 pm Friday, 08 August, 2025
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PM Narendra Modi had a telephone conversation with Russian President Vladimir Putin. Putin briefed PM on latest developments concerning Ukraine. The two leaders reviewed progress in the bilateral agenda, and PM Modi invited Putin to India later this year for 23rd India-Russia Annual Summit. This comes amid US President Donald Trump's tariff pressure over India's import of oil from Russia.
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News By: Daisy Mowke
06:51 pm Friday, 08 August, 2025
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Indian startup builds world's biggest single-piece 3D-printed inconel engine
Indian startup AgniKul Cosmos has built the world's biggest single-piece 3D-printed inconel engine and got a US patent for its design and manufacturing process. Inconel refers to a class of nickel-chromium superalloy. "This...marks a breakthrough in additive manufacturing...and...a major extension of our earlier accomplishment of making and flying the world's first single-piece engine," it said.
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News By: Medhaa Gupta
10:32 pm Friday, 08 August, 2025
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Indian startup AgniKul Cosmos has built the world's biggest single-piece 3D-printed inconel engine and got a US patent for its design and manufacturing process. Inconel refers to a class of nickel-chromium superalloy. "This...marks a breakthrough in additive manufacturing...and...a major extension of our earlier accomplishment of making and flying the world's first single-piece engine," it said.
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News By: Medhaa Gupta
10:32 pm Friday, 08 August, 2025
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Ashwin likely to leave CSK: Report
All-rounder Ravichandran Ashwin is likely to leave Chennai Super Kings (CSK), according to a report in Cricbuzz. The report stated that the veteran cricketer has urged the franchise to release him ahead of the IPL 2026 auction. Ashwin took seven wickets in nine matches for CSK in IPL 2025 at an economy rate of 9.13.
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News By: Anmol Sharma
07:15 am Saturday, 09 August, 2025
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All-rounder Ravichandran Ashwin is likely to leave Chennai Super Kings (CSK), according to a report in Cricbuzz. The report stated that the veteran cricketer has urged the franchise to release him ahead of the IPL 2026 auction. Ashwin took seven wickets in nine matches for CSK in IPL 2025 at an economy rate of 9.13.
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News By: Anmol Sharma
07:15 am Saturday, 09 August, 2025
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SSC CGL 2025 exam postponed
The Staff Selection Commission (SSC) announced that Combined Graduate Level Examination (CGL) 2025 has been deferred. The exam, originally scheduled to begin on 13 August, will begin in first week of September. The SSC also announced it'll conduct fresh SSC Selection Post Phase 13 exam on August 29 for 55,000 candidates, whose exam data had inconsistencies due to technical glitches.
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News By: Anmol Sharma
07:35 am Saturday, 09 August, 2025
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The Staff Selection Commission (SSC) announced that Combined Graduate Level Examination (CGL) 2025 has been deferred. The exam, originally scheduled to begin on 13 August, will begin in first week of September. The SSC also announced it'll conduct fresh SSC Selection Post Phase 13 exam on August 29 for 55,000 candidates, whose exam data had inconsistencies due to technical glitches.
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News By: Anmol Sharma
07:35 am Saturday, 09 August, 2025
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Trump to meet Putin on August 15 in Alaska
US President Donald Trump will meet Russian President Vladimir Putin on August 15 in Alaska to discuss the future of the Russia-Ukraine war. Trump announced the meeting on social media, which was later confirmed by a Kremlin spokesperson. This comes hours after Trump said any peace deal between Ukraine and Russia would involve territory swaps.
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News By: Anmol Sharma
07:51 am Saturday, 09 August, 2025
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US President Donald Trump will meet Russian President Vladimir Putin on August 15 in Alaska to discuss the future of the Russia-Ukraine war. Trump announced the meeting on social media, which was later confirmed by a Kremlin spokesperson. This comes hours after Trump said any peace deal between Ukraine and Russia would involve territory swaps.
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News By: Anmol Sharma
07:51 am Saturday, 09 August, 2025
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Armenia, Azerbaijan sign historic peace deal at White House in Trump's presence
Armenia PM Nikol Pashinyan and Azerbaijan President Ilham Aliyev signed a historic peace deal at White House in the presence of US President Donald Trump. The deal would end almost four decades of conflict between the two nations over control of Nagorno-Karabakh. "It's a long time, 35 years, they fought, and now they're friends," Trump said.
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News By: Anmol Sharma
08:24 am Saturday, 09 August, 2025
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Armenia PM Nikol Pashinyan and Azerbaijan President Ilham Aliyev signed a historic peace deal at White House in the presence of US President Donald Trump. The deal would end almost four decades of conflict between the two nations over control of Nagorno-Karabakh. "It's a long time, 35 years, they fought, and now they're friends," Trump said.
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News By: Anmol Sharma
08:24 am Saturday, 09 August, 2025
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4.5-km-long 'Rudrastra', India's longest freight train, hits tracks
Indian Railways has set a record by operating the country's longest freight train. It operated 4.5-km-long 'Rudrastra' from Ganj Khwaja station in UP to Garhwa Road station in Jharkhand. The train covered a distance of 200 km in five hours. Seven engines were installed to run the freight train, which had 354 wagons.
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News By: Anmol Sharma
08:47 am Saturday, 09 August, 2025
Sent on @inshortschannel Telegram
Indian Railways has set a record by operating the country's longest freight train. It operated 4.5-km-long 'Rudrastra' from Ganj Khwaja station in UP to Garhwa Road station in Jharkhand. The train covered a distance of 200 km in five hours. Seven engines were installed to run the freight train, which had 354 wagons.
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News By: Anmol Sharma
08:47 am Saturday, 09 August, 2025
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Band-aid-like wearable blood pressure monitor developed for real-time measurement
Researchers at the Seoul National University College of Engineering have developed a wearable electronic device that attaches to the skin like a band-aid and enables real-time, continuous monitoring of blood pressure over extended periods. The device maintains its performance even when stretched to 700% of its original length or repeatedly stretched more than 10,000 times, the researchers said.
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News By: Anmol Sharma
09:53 am Saturday, 09 August, 2025
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Researchers at the Seoul National University College of Engineering have developed a wearable electronic device that attaches to the skin like a band-aid and enables real-time, continuous monitoring of blood pressure over extended periods. The device maintains its performance even when stretched to 700% of its original length or repeatedly stretched more than 10,000 times, the researchers said.
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News By: Anmol Sharma
09:53 am Saturday, 09 August, 2025
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India's most wanted arms smuggler Salim Pistol, known to smuggle Zigana into India, arrested
The Delhi Police has arrested India's most wanted arms smuggler, Sheikh Salim alias Salim Pistol, from Nepal. Salim, who has been on the run since 2018, was the first to supply Turkey's Zigana pistols to gangsters in India. He is also linked to Pakistan's Inter-Services Intelligence (ISI) and Dawood Ibrahim's D-Company, according to police.
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News By: Anmol Sharma
10:45 am Saturday, 09 August, 2025
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The Delhi Police has arrested India's most wanted arms smuggler, Sheikh Salim alias Salim Pistol, from Nepal. Salim, who has been on the run since 2018, was the first to supply Turkey's Zigana pistols to gangsters in India. He is also linked to Pakistan's Inter-Services Intelligence (ISI) and Dawood Ibrahim's D-Company, according to police.
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News By: Anmol Sharma
10:45 am Saturday, 09 August, 2025
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ISRO announces successful static test of KALAM 1200 solid rocket motor
ISRO announced that Skyroot Aerospace successfully conducted first static test of its powerful KALAM 1200 solid rocket motor, the first stage of the Vikram-1 launch vehicle, at Sriharikota on Friday. The 11-metre-long, 1.7-metre-diameter monolithic composite motor, with a propellant mass of 30 tonnes, is the longest monolithic motor prepared at the Solid Propellant Plant, Sriharikota, ISRO said.
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News By: Anmol Sharma
11:11 am Saturday, 09 August, 2025
Sent on @inshortschannel Telegram
ISRO announced that Skyroot Aerospace successfully conducted first static test of its powerful KALAM 1200 solid rocket motor, the first stage of the Vikram-1 launch vehicle, at Sriharikota on Friday. The 11-metre-long, 1.7-metre-diameter monolithic composite motor, with a propellant mass of 30 tonnes, is the longest monolithic motor prepared at the Solid Propellant Plant, Sriharikota, ISRO said.
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News By: Anmol Sharma
11:11 am Saturday, 09 August, 2025
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Railways launches round trip scheme with 20% discount on return journey
Indian Railways has launched a ‘Round Trip Package for Festival Rush’ scheme offering a 20% rebate on base fare for return journeys if onward and return tickets are booked together. The onward trip must be between October 13-26, 2025, and the return between November 17-December 1, 2025, Indian Railways said. The scheme applies only to confirmed tickets, it added.
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News By: Anmol Sharma
11:42 am Saturday, 09 August, 2025
Sent on @inshortschannel Telegram
Indian Railways has launched a ‘Round Trip Package for Festival Rush’ scheme offering a 20% rebate on base fare for return journeys if onward and return tickets are booked together. The onward trip must be between October 13-26, 2025, and the return between November 17-December 1, 2025, Indian Railways said. The scheme applies only to confirmed tickets, it added.
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News By: Anmol Sharma
11:42 am Saturday, 09 August, 2025
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India's annual defence production hits all-time high
Defence Minister Rajnath Singh on Saturday announced that India's annual defence production soared to an all-time high. He said that it reached ₹1,50,590 crore in Financial Year 2024-25. "These numbers indicate a robust 18% growth over the previous fiscal's output of ₹1.27 lakh crore, and a staggering 90% increase since FY 2019-20, when the figure was ₹79,071 crore," he said.
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News By: Anmol Sharma
11:34 am Saturday, 09 August, 2025
Sent on @inshortschannel Telegram
Defence Minister Rajnath Singh on Saturday announced that India's annual defence production soared to an all-time high. He said that it reached ₹1,50,590 crore in Financial Year 2024-25. "These numbers indicate a robust 18% growth over the previous fiscal's output of ₹1.27 lakh crore, and a staggering 90% increase since FY 2019-20, when the figure was ₹79,071 crore," he said.
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News By: Anmol Sharma
11:34 am Saturday, 09 August, 2025
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India shot down 5 Pak fighter jets & a 'large aircraft' during Op Sindoor: IAF chief Singh
IAF Air Chief Marshal Amar Preet Singh has confirmed that India shot down five Pakistani fighter jets and a "large aircraft", which could either be an ELINT or AEW&C surveillance plane, during Operation Sindoor. Singh said IAF used Russian-made S-400 missiles to shoot down the planes. He also confirmed destruction of Pakistan's F-16s and early warning aircraft on the ground.
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News By: Ashley Paul
01:11 pm Saturday, 09 August, 2025
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IAF Air Chief Marshal Amar Preet Singh has confirmed that India shot down five Pakistani fighter jets and a "large aircraft", which could either be an ELINT or AEW&C surveillance plane, during Operation Sindoor. Singh said IAF used Russian-made S-400 missiles to shoot down the planes. He also confirmed destruction of Pakistan's F-16s and early warning aircraft on the ground.
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News By: Ashley Paul
01:11 pm Saturday, 09 August, 2025
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SP leader ST Hasan links Uttarakhand disaster to religion, sparks row
SP leader ST Hasan sparked controversy by linking religion to Uttarakhand disaster, claiming there is "no respect for people of other religions" in Uttarakhand and Himachal Pradesh. "I believe...religious sites, whether mosques, dargahs or temples shouldn't be bulldozed," he added. BJP spokesperson Shehzad Poonawalla termed Hasan's remark as "vote bank-inspired" and "an insult to the victims".
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News By: Anmol Sharma
01:09 pm Saturday, 09 August, 2025
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SP leader ST Hasan sparked controversy by linking religion to Uttarakhand disaster, claiming there is "no respect for people of other religions" in Uttarakhand and Himachal Pradesh. "I believe...religious sites, whether mosques, dargahs or temples shouldn't be bulldozed," he added. BJP spokesperson Shehzad Poonawalla termed Hasan's remark as "vote bank-inspired" and "an insult to the victims".
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News By: Anmol Sharma
01:09 pm Saturday, 09 August, 2025
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Flipkart Fitness Carnival brings top deals on smart watches, rings, more
It's the perfect time to upgrade your fitness journey, says Flipkart, announcing the Fitness Carnival that promises unbeatable prices and massive discounts on smartwatches, smart bands, and smart rings from top brands like Fastrack, Samsung, Aabo, WHOOP, and more. Customers can avail flexible payment options like up to 9 months No-Cost EMI and extra ₹300 off with smartwatch exchange offer.
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News By: Roshan Gupta
01:19 pm Saturday, 09 August, 2025
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It's the perfect time to upgrade your fitness journey, says Flipkart, announcing the Fitness Carnival that promises unbeatable prices and massive discounts on smartwatches, smart bands, and smart rings from top brands like Fastrack, Samsung, Aabo, WHOOP, and more. Customers can avail flexible payment options like up to 9 months No-Cost EMI and extra ₹300 off with smartwatch exchange offer.
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News By: Roshan Gupta
01:19 pm Saturday, 09 August, 2025
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India shot large Pak plane 300km away, largest-ever recorded surface-to-air kill: IAF chief
India shot down Pakistan's "large aircraft", which could be ELINT or AEW&C surveillance plane from about 300km away using a surface-to-air guided missile system, IAF Air Chief Marshal Amar Preet Singh said. He called it the "largest-ever recorded surface-to-air kill that we can talk about". He revealed that Russian-made S-400 missiles were used to shoot down five Pakistani fighter jets.
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News By: Ashley Paul
01:57 pm Saturday, 09 August, 2025
Sent on @inshortschannel Telegram
India shot down Pakistan's "large aircraft", which could be ELINT or AEW&C surveillance plane from about 300km away using a surface-to-air guided missile system, IAF Air Chief Marshal Amar Preet Singh said. He called it the "largest-ever recorded surface-to-air kill that we can talk about". He revealed that Russian-made S-400 missiles were used to shoot down five Pakistani fighter jets.
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News By: Ashley Paul
01:57 pm Saturday, 09 August, 2025
Sent on @inshortschannel Telegram
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