Which are some daily key transactions automatically reported to I-T Dept?
Some routine financial transactions are automatically reported to the Income Tax Department. These include cash deposits of ₹10 lakh or more in savings accounts, high-value credit card spending, property purchases or sales, fixed deposits of ₹10 lakh or above, and large investments in mutual funds, stocks, or bonds. Such transactions may come under the tax department's scrutiny.
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News By: Dharini Mudgal
04:58 pm Friday, 17 July 2026
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Some routine financial transactions are automatically reported to the Income Tax Department. These include cash deposits of ₹10 lakh or more in savings accounts, high-value credit card spending, property purchases or sales, fixed deposits of ₹10 lakh or above, and large investments in mutual funds, stocks, or bonds. Such transactions may come under the tax department's scrutiny.
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News By: Dharini Mudgal
04:58 pm Friday, 17 July 2026
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4,000-year-old Egyptian princesses practised hunting & archery: Study
A study published in Frontiers in Environmental Archaeology said ancient Egyptian princesses who lived about 4,000 years ago used weapons such as bows, daggers and maces found buried with them. Researchers studying five royal women's skeletal remains found their bones had developed to support heavy muscle use. The findings suggest that the princesses practiced archery and elite hunting.
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News By: Aradhana
05:12 pm Friday, 17 July 2026
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A study published in Frontiers in Environmental Archaeology said ancient Egyptian princesses who lived about 4,000 years ago used weapons such as bows, daggers and maces found buried with them. Researchers studying five royal women's skeletal remains found their bones had developed to support heavy muscle use. The findings suggest that the princesses practiced archery and elite hunting.
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News By: Aradhana
05:12 pm Friday, 17 July 2026
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Chinese Prez Xi shares 4 observations for AI development, global governance
Chinese President Xi Jinping shared four observations on developing AI for the common good and building a just, equitable global governance system. These include promoting open-source AI, keeping AI under human control, and ensuring that it doesn't erode the diversity of world civilisations. Xi also called for bridging the AI divide, especially by helping developing countries build AI capacity.
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News By: Garima Garg
05:20 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
Chinese President Xi Jinping shared four observations on developing AI for the common good and building a just, equitable global governance system. These include promoting open-source AI, keeping AI under human control, and ensuring that it doesn't erode the diversity of world civilisations. Xi also called for bridging the AI divide, especially by helping developing countries build AI capacity.
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News By: Garima Garg
05:20 pm Friday, 17 July 2026
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Heavy rain likely in Delhi-NCR from July 20 to 22: IMD
The India Meteorological Department (IMD) has forecast heavy rainfall across Delhi-NCR between July 20 and July 22. It said the national capital is likely to witness limited rainfall over the next three days, until July 19. Meanwhile, Delhi recorded a maximum temperature of nearly 40°C and a minimum temperature of around 31°C on Friday, according to the IMD.
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News By: Girish Kumar Anshul
05:54 pm Friday, 17 July 2026
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The India Meteorological Department (IMD) has forecast heavy rainfall across Delhi-NCR between July 20 and July 22. It said the national capital is likely to witness limited rainfall over the next three days, until July 19. Meanwhile, Delhi recorded a maximum temperature of nearly 40°C and a minimum temperature of around 31°C on Friday, according to the IMD.
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News By: Girish Kumar Anshul
05:54 pm Friday, 17 July 2026
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UNICEF shares story behind viral pic of 20-year-old Messi bathing 5-month-old Yamal
UNICEF shared the story behind the viral photograph of 20-year-old Lionel Messi bathing five-month-old Lamine Yamal. The picture appeared in a 2008 calendar created through collaboration involving FC Barcelona, Spanish newspaper Diario Sport and UNICEF. Yamal and his mother met Messi at the fundraising photoshoot after UNICEF selected participating children through a raffle for the calendar.
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News By: Anmol Sharma
06:11 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
UNICEF shared the story behind the viral photograph of 20-year-old Lionel Messi bathing five-month-old Lamine Yamal. The picture appeared in a 2008 calendar created through collaboration involving FC Barcelona, Spanish newspaper Diario Sport and UNICEF. Yamal and his mother met Messi at the fundraising photoshoot after UNICEF selected participating children through a raffle for the calendar.
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News By: Anmol Sharma
06:11 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
Mohammad Nawaz sanctioned after testing positive for cannabis-related substance
Pakistan spinner Mohammad Nawaz has accepted a three-month ban after testing positive for Carboxy-THC, a cannabis-related substance, following a T20 World Cup match against the Netherlands. The ban was backdated to May 1 and reduced to one month after he agreed to complete treatment. Having served two-and-a-half months, his provisional suspension has been lifted, the ICC said on Friday.
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News By: Anmol Sharma
06:25 pm Friday, 17 July 2026
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Pakistan spinner Mohammad Nawaz has accepted a three-month ban after testing positive for Carboxy-THC, a cannabis-related substance, following a T20 World Cup match against the Netherlands. The ban was backdated to May 1 and reduced to one month after he agreed to complete treatment. Having served two-and-a-half months, his provisional suspension has been lifted, the ICC said on Friday.
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News By: Anmol Sharma
06:25 pm Friday, 17 July 2026
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How much does an ISRO scientist earn?
ISRO scientists are paid under the Central Government pay matrix. A Scientist/Engineer 'SC' starts with a basic salary of ₹56,100 (Level 10), while some higher-level scientist posts begin at ₹67,700 (Level 11). With promotions based on performance, scientists can rise to the post of Distinguished Scientist (Level 16), where the basic salary ranges from ₹2.05 lakh to ₹2.24 lakh.
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News By: Ankit Tiwari
06:44 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
ISRO scientists are paid under the Central Government pay matrix. A Scientist/Engineer 'SC' starts with a basic salary of ₹56,100 (Level 10), while some higher-level scientist posts begin at ₹67,700 (Level 11). With promotions based on performance, scientists can rise to the post of Distinguished Scientist (Level 16), where the basic salary ranges from ₹2.05 lakh to ₹2.24 lakh.
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News By: Ankit Tiwari
06:44 pm Friday, 17 July 2026
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Heavy to extremely heavy rainfall warning issued for several states, list released
The IMD has issued heavy to extremely heavy rainfall warning for several states/UTs for Saturday (July 18). It is very likely over parts of West Bengal, Sikkim, Arunachal Pradesh, Assam, Meghalaya, Chhattisgarh, Uttarakhand, Bihar, Madhya Pradesh, Uttar Pradesh, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Puducherry, Nagaland, Manipur, Mizoram, Tripura and Odisha.
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News By: Anmol Sharma
06:43 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
The IMD has issued heavy to extremely heavy rainfall warning for several states/UTs for Saturday (July 18). It is very likely over parts of West Bengal, Sikkim, Arunachal Pradesh, Assam, Meghalaya, Chhattisgarh, Uttarakhand, Bihar, Madhya Pradesh, Uttar Pradesh, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Puducherry, Nagaland, Manipur, Mizoram, Tripura and Odisha.
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News By: Anmol Sharma
06:43 pm Friday, 17 July 2026
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What is MAZU, which Chinese Prez said will be shared with 30 countries?
President Xi Jinping announced that China will help 30 countries use the Multi-hazard, Alert, Zero-gap, Universal (MAZU) system as part of its AI cooperation initiatives. MAZU is an AI-powered meteorological early warning system that helps countries predict and respond to extreme weather and natural disasters. "We are ready to...join hands to create a brighter future for humanity," he said.
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News By: Ishaan Mukherjee
07:09 pm Friday, 17 July 2026
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President Xi Jinping announced that China will help 30 countries use the Multi-hazard, Alert, Zero-gap, Universal (MAZU) system as part of its AI cooperation initiatives. MAZU is an AI-powered meteorological early warning system that helps countries predict and respond to extreme weather and natural disasters. "We are ready to...join hands to create a brighter future for humanity," he said.
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News By: Ishaan Mukherjee
07:09 pm Friday, 17 July 2026
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Govt responds after ex-Japan minister blames India for delays in bullet train project
MEA has rejected ex-Japan Minister Hideki Makihara's post blaming India for delay in the bullet train project. Calling it an "individual opinion", MEA spokesperson said it's at "considerable variance with facts", adding the discussions for Mumbai-Ahmedabad HSR are progressing well. "India keep pushing their own self-interest...The minister in charge was especially awful," Makihara had said.
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News By: Bhawana Chaudhary
07:04 pm Friday, 17 July 2026
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MEA has rejected ex-Japan Minister Hideki Makihara's post blaming India for delay in the bullet train project. Calling it an "individual opinion", MEA spokesperson said it's at "considerable variance with facts", adding the discussions for Mumbai-Ahmedabad HSR are progressing well. "India keep pushing their own self-interest...The minister in charge was especially awful," Makihara had said.
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News By: Bhawana Chaudhary
07:04 pm Friday, 17 July 2026
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Trump's company to sell faster access to his 'market-moving' posts; sparks ethical debate
Trump Media & Technology Group, the firm behind Truth Social, has launched a paid service offering faster access to "market-moving" posts from the platform's most influential accounts, including those of US President Donald Trump. The service alerts users to posts within milliseconds, ahead of regular notifications. It has sparked concerns over unfair trading and potential conflicts of interest.
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News By: Mansi Agarwal
07:29 pm Friday, 17 July 2026
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Trump Media & Technology Group, the firm behind Truth Social, has launched a paid service offering faster access to "market-moving" posts from the platform's most influential accounts, including those of US President Donald Trump. The service alerts users to posts within milliseconds, ahead of regular notifications. It has sparked concerns over unfair trading and potential conflicts of interest.
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News By: Mansi Agarwal
07:29 pm Friday, 17 July 2026
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He wanted to keep Akshay out: 'OMG 2' producer after Paresh's no credit claim
Producer Ashwin Varde called Paresh Rawal's allegations "unsubstantiated" after he claimed he got no credit for 'OMG 2'. Varde explained that Paresh's idea for 'OMG 2' resembled the format of 'OMG'. "OMG cannot be made without Akshay Kumar...IP rights of the film belonged to him," Varde said, adding, "It became obvious...that [Paresh] wanted to keep Akshay out of the project."
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News By: Ishita Ranganath
07:19 pm Friday, 17 July 2026
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Producer Ashwin Varde called Paresh Rawal's allegations "unsubstantiated" after he claimed he got no credit for 'OMG 2'. Varde explained that Paresh's idea for 'OMG 2' resembled the format of 'OMG'. "OMG cannot be made without Akshay Kumar...IP rights of the film belonged to him," Varde said, adding, "It became obvious...that [Paresh] wanted to keep Akshay out of the project."
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News By: Ishita Ranganath
07:19 pm Friday, 17 July 2026
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Customers see trillion-dollar bill estimates after bug in Amazon's cloud billing tool
Several Amazon Web Services (AWS) customers reported seeing inflated monthly billing estimates, with some figures crossing into trillions of dollars. AWS said a unit pricing error caused the issue in its Cost Explorer tool, adding that the displayed estimates do not reflect actual usage or charges. "You gave me a heart attack," one X user wrote.
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News By: Mansi Agarwal
07:44 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
Several Amazon Web Services (AWS) customers reported seeing inflated monthly billing estimates, with some figures crossing into trillions of dollars. AWS said a unit pricing error caused the issue in its Cost Explorer tool, adding that the displayed estimates do not reflect actual usage or charges. "You gave me a heart attack," one X user wrote.
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News By: Mansi Agarwal
07:44 pm Friday, 17 July 2026
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Apple beats Nvidia, becomes world's most valuable company after over a year
Apple has surpassed Nvidia to become the world's most valuable company. Apple's market capitalisation stood at around $4.88 trillion on Friday as its shares remained steady, while Nvidia slipped to around $4.86 trillion after its shares fell 3.5%. Apple has reclaimed the top spot, which was held by Nvidia since June 2025, for the first time since April last year.
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News By: Bhawana Chaudhary
07:39 pm Friday, 17 July 2026
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Apple has surpassed Nvidia to become the world's most valuable company. Apple's market capitalisation stood at around $4.88 trillion on Friday as its shares remained steady, while Nvidia slipped to around $4.86 trillion after its shares fell 3.5%. Apple has reclaimed the top spot, which was held by Nvidia since June 2025, for the first time since April last year.
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News By: Bhawana Chaudhary
07:39 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
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What did Argentina head coach Scaloni mean by calling Messi and teammates 'Indians'?
Argentina head coach Lionel Scaloni called Lionel Messi and his teammates 'Indios (Indians)', after their World Cup semi-final win. "They grew up in environments where they weren't afraid of anything," he explained, adding, "Responsibility doesn't weigh them down." The Spanish term refers to indigenous peoples of Americas, not citizens of India, and portrayed his players as fearless warriors.
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News By: Anmol Sharma
07:33 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
Argentina head coach Lionel Scaloni called Lionel Messi and his teammates 'Indios (Indians)', after their World Cup semi-final win. "They grew up in environments where they weren't afraid of anything," he explained, adding, "Responsibility doesn't weigh them down." The Spanish term refers to indigenous peoples of Americas, not citizens of India, and portrayed his players as fearless warriors.
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News By: Anmol Sharma
07:33 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
Confident India will secure UN Security Council seat: MEA
Ministry of External Affairs spokesperson Randhir Jaiswal said India is confident of securing a non-permanent seat on the UN Security Council. He said External Affairs Minister S Jaishankar launched campaign in New York on July 13 and urged member states to support its candidature. "We're confident that our candidature will be given due consideration by all member countries," Jaiswal said.
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News By: Girish Kumar Anshul
07:58 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
Ministry of External Affairs spokesperson Randhir Jaiswal said India is confident of securing a non-permanent seat on the UN Security Council. He said External Affairs Minister S Jaishankar launched campaign in New York on July 13 and urged member states to support its candidature. "We're confident that our candidature will be given due consideration by all member countries," Jaiswal said.
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News By: Girish Kumar Anshul
07:58 pm Friday, 17 July 2026
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15-year-old national-level shooter Damayanti Sen goes missing in West Bengal
Fifteen-year-old national-level shooter Damayanti Sen has gone missing after leaving her home in West Bengal's Howrah on Thursday to buy household items. CCTV footage showed her moving between platforms four and five at Howrah railway station, her last confirmed sighting. Her family has filed a missing-person report. The family said there had been no recent disagreements within the family.
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News By: Anmol Sharma
07:45 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
Fifteen-year-old national-level shooter Damayanti Sen has gone missing after leaving her home in West Bengal's Howrah on Thursday to buy household items. CCTV footage showed her moving between platforms four and five at Howrah railway station, her last confirmed sighting. Her family has filed a missing-person report. The family said there had been no recent disagreements within the family.
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News By: Anmol Sharma
07:45 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
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'ChatGPT convinced US woman to end life, said her soul was within its system,' claims lawsuit
A lawsuit filed against OpenAI alleged that ChatGPT encouraged a 29-year-old Alabama woman to end her life by validating suicidal thoughts and telling her her soul was "eternally saved within its system and that she would be resurrected". It claimed ChatGPT damaged her mental stability. ChatGPT convinced her she had to die to fulfil her prophetic destiny, as per lawsuit.
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News By: Daisy Mowke
08:11 pm Friday, 17 July 2026
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A lawsuit filed against OpenAI alleged that ChatGPT encouraged a 29-year-old Alabama woman to end her life by validating suicidal thoughts and telling her her soul was "eternally saved within its system and that she would be resurrected". It claimed ChatGPT damaged her mental stability. ChatGPT convinced her she had to die to fulfil her prophetic destiny, as per lawsuit.
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News By: Daisy Mowke
08:11 pm Friday, 17 July 2026
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Infantino set for 4th FIFA prez term despite Balogun, Trump controversies: Report
FIFA President Gianni Infantino is set to secure a fourth term, as more than 200 of FIFA's 211 member countries have backed his re-election bid, The Guardian reported. This comes despite Infantino facing an IOC complaint over alleged political bias after FIFA overturned US' Folarin Balogun's suspension following President Trump's intervention. Infantino is currently the only candidate in the race.
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News By: Ishaan Mukherjee
08:05 pm Friday, 17 July 2026
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FIFA President Gianni Infantino is set to secure a fourth term, as more than 200 of FIFA's 211 member countries have backed his re-election bid, The Guardian reported. This comes despite Infantino facing an IOC complaint over alleged political bias after FIFA overturned US' Folarin Balogun's suspension following President Trump's intervention. Infantino is currently the only candidate in the race.
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News By: Ishaan Mukherjee
08:05 pm Friday, 17 July 2026
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Bars, clubs in Hyderabad to remain open till 3 am for FIFA World Cup final
Telangana has allowed bars, clubs, and microbreweries in the Greater Hyderabad metropolis area to operate till 3 am on the intervening night of July 19-20 for the FIFA World Cup 2026 final. The extension comes after a representation from the Telangana Bar and Restaurants Owners Association requested for it. The final will take place on Monday at 12:30 am (IST).
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News By: Ishaan Mukherjee
08:26 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
Telangana has allowed bars, clubs, and microbreweries in the Greater Hyderabad metropolis area to operate till 3 am on the intervening night of July 19-20 for the FIFA World Cup 2026 final. The extension comes after a representation from the Telangana Bar and Restaurants Owners Association requested for it. The final will take place on Monday at 12:30 am (IST).
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News By: Ishaan Mukherjee
08:26 pm Friday, 17 July 2026
Sent on @inshortschannel Telegram
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