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New Income Tax Act to be effective from April 1, rules to be notified by December-end

New Income Tax Act will take effect from April 1, with the rules for it likely being notified by December-end 2025, CBDT member RN Parbat said. "Simplification of language will be there, redundant rules will be removed...and fresh set of forms will be applicable," he said. Income tax returns related to new act will be required in FY27, he noted.
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News By: Ashley Paul
04:27 pm Tuesday, 26 August, 2025

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Trump tried to call PM Modi 4 times, he refused to speak: Report

A report by German newspaper Frankfurter Allgemeine Zeitung has claimed that US President Donald Trump has made "four attempts in recent weeks to get Prime Minister Narendra Modi on the phone". The report added that PM Modi refused to speak to Trump. The US on Tuesday notified the implementation of additional 25% duties on Indian goods from August 27.
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News By: Ankush Verma
04:24 pm Tuesday, 26 August, 2025

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Indian cricketers face ₹150-200 crore annual loss as law bans money game ads: Report

Indian cricketers are set to lose ₹150-200 crore annually after the government banned advertising and promotion of money games across all media, Cricbuzz reported. For top players, these contracts form only 5-10% of endorsement earnings, the report added. Experts estimate the overall advertising industry will face losses of nearly ₹8,000-10,000 crore/year due to the ban.
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News By: Anmol Sharma
07:23 pm Tuesday, 26 August, 2025

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Mysterious 'Wow!' signal from deep space was much stronger than first thought: Study

Mysterious 'Wow!' radio signal was actually much stronger than previously estimated, according to researchers. Its peak intensity is now pegged at over 250 Janskys as compared to earlier estimates of 54-212 Janskys, according to a new analysis. The analysis also raised its frequency to 1420.726 MHz. The 'Wow!' signal was first detected on August 15, 1977.
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News By: Anmol Sharma
07:56 pm Tuesday, 26 August, 2025

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Taylor Swift gets engaged to Travis Kelce; shares pics

Singer-songwriter Taylor Swift got engaged to boyfriend Travis Kelce and shared pictures on Instagram. "Your English teacher and your gym teacher are getting married," she captioned the pictures. The American professional football player was seen getting down on one knee and proposing Swift with an engagement ring in a garden.
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News By: Ankush Verma
10:54 pm Tuesday, 26 August, 2025

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30 killed as landslide hits Mata Vaishno Devi route in Jammu & Kashmir

At least 30 people have lost their lives and around 23 have been injured after heavy rains triggered a massive landslide on Mata Vaishno Devi route in Katra, Jammu and Kashmir, Reasi SSP Paramvir Singh told ANI. Earlier, Home Minister Amit Shah called the landslide "extremely tragic". Mata Vaishno Devi yatra has been temporarily suspended amid heavy rainfall.
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News By: Anmol Sharma
08:16 am Wednesday, 27 August, 2025

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'Jelly ice' that never melts invented

University of California, Davis scientists have developed a reusable 'jelly ice' that cools like regular ice but never melts into water. Made from gel-based material, it can be washed, cut into shapes and reused up to a dozen times. It's up to 80% as efficient as regular ice and offers food-safe alternative for shipping and storage, according to the scientists.
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News By: Anmol Sharma
09:43 am Wednesday, 27 August, 2025

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Trump's 25% penalty tariffs on India take effect, total duties now at 50%

US President Donald Trump's additional 25% penalty tariffs on Indian exports to the country took effect at 9:31 am (IST) on Wednesday, August 27. With this, the total tariffs imposed on Indian exports by the US has hit 50%. Some automobiles or auto parts, iron, steel, aluminium, copper and its products, pharmaceuticals and electronics are exempted from the penalty tariffs.
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News By: Ashley Paul
09:37 am Wednesday, 27 August, 2025

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We can divert our exports from US: MP Harsh Vardhan Shringla on Trump's 50% tariff

Rajya Sabha MP Harsh Vardhan Shringla, who previously served as India's Foreign Secretary, has revealed how India plans to minimise impact of US President Donald Trump's 50% tariff. "One way is to find alternative markets. We have Free Trade Agreements with Australia, UAE, and UK...This means...we'd have the opportunity to divert some of our exports in that direction," he stated.
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News By: Arshiya Chopra
10:40 am Wednesday, 27 August, 2025

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R Ashwin retires from IPL

CSK all-rounder Ravichandran Ashwin on Wednesday retired from IPL. He tweeted, "My time as an IPL cricketer comes to a close...but my time as an explorer of the game around various leagues begins today." He added, "Would like to thank all...franchisees for...wonderful memories and relationships over the years and most importantly...@IPL and...@BCCI for what they have given me until now.
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News By: Anmol Sharma
10:53 am Wednesday, 27 August, 2025

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Heavy to very heavy rainfall warning issued for several states, list released

The IMD has issued heavy to very heavy rainfall warning for several states/UTs for Thursday. It is very likely over Chhattisgarh, Maharashtra, Uttarakhand, Arunachal Pradesh, Assam, Meghalaya, Andhra Pradesh, Rajasthan, Gujarat, Himachal Pradesh, Karnataka, Kerala, Puducherry, Goa, MP, Nagaland, Manipur, Mizoram, Tripura, Odisha, West Bengal, Sikkim, Tamil Nadu and Telangana.
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News By: Anmol Sharma
10:49 am Wednesday, 27 August, 2025

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What was R Ashwin's IPL salary over the years?

Ravichandran Ashwin, who retired from IPL on Wednesday, earned ₹9.75 crore with CSK in 2025. From 2022 to 2024, he made ₹5 crore each season with RR. Between 2018 and 2021, he earned ₹7.6 crore/season with PBKS and DC. Earlier, his salary per season was ₹7.5 crore with RPS in 2016 and 2017 and CSK in 2014 and 2015.
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News By: Anmol Sharma
11:24 am Wednesday, 27 August, 2025

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Ashwin recorded first-ever 'mankad' dismissal in IPL history in 2019

All-rounder Ravichandran Ashwin, who retired from IPL today, recorded the first-ever 'mankad' dismissal in IPL in 2019. While captaining PBKS, he 'mankaded' then RR opener Jos Buttler while he was about to deliver fifth ball of his fourth over. 'Mankad' is a rare form of dismissal wherein a bowler runs out non-striker as he leaves crease before ball is delivered.
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News By: Anmol Sharma
12:10 pm Wednesday, 27 August, 2025

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CSK pay tribute to Ashwin as he retires from IPL

CSK took to X to pay tribute to Ravichandran Ashwin after he retired from IPL. CSK wrote, "Chepauk's own...The carrom-ball thiruppura-sundaran!" They added, "From your first run-ups in Yellove on the dusty tracks of Anbuden to absolute spin domination in the world's grandest arenas, you've given us everything. You've pillared our legacy and made Fortress Chepauk roar like no other!"
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News By: Anmol Sharma
01:07 pm Wednesday, 27 August, 2025

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Sun's smallest loops, just 21 km wide, captured

The National Science Foundation's Daniel K. Inouye Solar Telescope has captured the smallest magnetic loops ever observed in the Sun's corona. Averaging about 21 km across, the smallest loops were imaged during a powerful X-class solar flare. Coronal loops are glowing plasma arcs shaped by magnetic field lines.
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News By: Anmol Sharma
03:19 pm Wednesday, 27 August, 2025

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Monkey snatches bag, showers ₹80,000 cash from tree in UP

A monkey in Uttar Pradesh's Auraiya snatched a bag of cash from a bike and climbed a tree before scattering ₹80,000. The money belonged to a private teacher who had brought it to finalise a land deal. Chaos broke out as people rushed to collect the ₹500 notes. A video of the incident has gone viral.
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News By: Anmol Sharma
04:03 pm Wednesday, 27 August, 2025

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We will come together with India: US as 25% penalty tariffs take effect

As additional 25% penalty tariffs on India took effect on August 27, US Treasury Secretary Scott Bessent said, "I thought India could be one of the first countries to strike a deal, but instead they have dragged out the negotiations." "At the end of the day, I believe the two countries will come together," Bessent further said.
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News By: Ankush Verma
07:09 pm Wednesday, 27 August, 2025

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Which Indian sectors are worst-hit by Trump's tariffs?

After US President Donald Trump's 25% penalty tariffs came into effect, tariff on gems and jewellery exports, worth $10 billion, rose from 2% to over 52%. Tariff on textiles and apparel exports (worth $5.4 billion) rose to 63.9% from 13.9%. Carpet exports ($1.2 billion) tariff climbed to 52.9% from 2.9%. Shrimps, handicrafts, agriculture exports are also among the hardest hit.
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News By: Sakshita Khosla
07:52 pm Wednesday, 27 August, 2025

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Mass shooting at school in US

A mass shooting has been reported at a school in US' Minnesota. Governor Tim Walz took to X and wrote, "I'm praying for our kids and teachers whose first week of school was marred by...horrific act of violence," he said. "There is no active threat to the community at this time. The shooter is contained," the city of Minneapolis said.
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News By: Ankush Verma
08:28 pm Wednesday, 27 August, 2025

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India is respected globally: Finland Prez discusses Ukraine war with PM Modi

Finland President Alexander Stubb on Wednesday said he spoke with PM Narendra Modi and discussed "need for a just and lasting solution to Russia's war in Ukraine". Stubb said India "plays an important role" in ending the war, adding, "It's heard and respected in the South, West and East." Stubb attended EU leaders' meeting with US President Donald Trump recently.
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News By: Sakshita Khosla
09:06 pm Wednesday, 27 August, 2025

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