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Who can declare undisclosed foreign assets under new govt scheme?

Under the new Foreign Assets of Small Taxpayers-Disclosure Scheme (FAST-DS), an eligible assessee includes Indian residents, non-residents, and resident but not ordinarily resident (RNOR) individuals. To qualify, the taxpayer must have resided in India either during the year the undisclosed income was earned or when the foreign asset was originally acquired.
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News By: Mansi Agarwal
01:07 pm Sunday, 16 August 2026

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19 months of foreign investor selling Indian equities wipes out 100 months of inflows

Sustained selling by foreign institutional investors (FIIs) over 19 months has erased the net inflow accumulated over the preceding 100 months, CNBC-TV18 reported, citing NSDL data. FIIs invested about $45.9 billion in Indian equities between September 2016 and December 2024, while withdrawing nearly $46 billion between January 2025 and July 2026. August, however, has seen a reversal in the trend.
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News By: Mansi Agarwal
01:44 pm Sunday, 16 August 2026

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NTA releases UGC-NET provisional answer key

The National Testing Agency (NTA) has released the UGC-NET June 2026 provisional answer key. NTA has uploaded the answer keys and invited challenges for 84 subjects. However, the provisional answer keys for English, Commerce and Sociology will be issued separately. Candidates can check their recorded responses and question papers online through the official UGC NET website.
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News By: Dharini Mudgal
01:48 pm Sunday, 16 August 2026

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What is 'infladating' trend?

"Infladating", a blend of inflation and dating, refers to singles cutting back on spending on dates amid rising living costs. Experts said Gen Z and millennials are going on fewer dates and opting for low-cost experiences, such as walks and home-cooked meals. The average US date now costs $189 (₹18,000), up 12.5% from last year, according to the BMO index.
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News By: Mansi Agarwal
02:05 pm Sunday, 16 August 2026

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Beco calls for greater transparency in household cleaner ingredients

Beco has launched a campaign to spark a nationwide conversation around ingredient transparency in household cleaning products. The initiative encourages consumers to look beyond marketing claims and question what goes into everyday cleaners. It urges you to ask why certain chemicals are used and whether safer alternatives exist, and to make more informed choices for your families and the planet.
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News By: Roshan Gupta
02:26 pm Sunday, 16 August 2026

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6 IPOs to hit market this week to raise nearly ₹5,600 crore

Six companies are set to launch IPOs this week, collectively seeking nearly ₹5,600 crore from investors. Horizon Industrial Parks and Lalithaa Jewellery Mart will open their issues on August 17, targeting ₹2,600 crore and ₹1,700 crore, respectively. Shankesh Jewellers, Sunshine Pictures, Gaja Alternative Asset Management and Tempsens Instruments will follow with their offerings through August 20.
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News By: Jessica Rajan
02:50 pm Sunday, 16 August 2026

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How much can investors earn from FD of ₹50 lakh, ₹75 lakh, ₹1 crore or ₹2 crore?

Large fixed deposits between ₹50 lakh and ₹2 crore can provide stable annual income, with returns depending on prevailing bank interest rates (6% to 8%). According to Paisabazaar data, a ₹50 lakh FD at 7% yields ₹3.50 lakh annually, whereas a ₹2 crore FD at 8% generates ₹16 lakh annually before taxes. Final post-tax earnings depend on individual tax slabs.
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News By: Mansi Agarwal
05:10 pm Sunday, 16 August 2026

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NTA to re-conduct 3 UGC-NET exams after multiple errors in papers

NTA has decided to re-conduct the English, Commerce, and Sociology papers of UGC-NET June 2026 after receiving several complaints about errors in the question papers. The re-exams will be held on September 9 for English and Commerce, followed by Sociology on September 10. Defects of this extent cannot be cured merely by dropping questions after the challenge process, NTA said.
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News By: Ankit Tiwari
09:31 pm Sunday, 16 August 2026

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Arsenal defeat Manchester City 3-0 to win Community Shield for 18th time

Arsenal defeated Manchester City 3-0 in Cardiff to win Community Shield 2026. Riccardo Calafiori opened the scoring after just 24 seconds, registering the fastest goal in the competition's history, before Kai Havertz doubled Arsenal's lead in the 28th minute. Captain Martin Odegaard made it 3-0 three minutes after half-time as Mikel Arteta's side lifted the Shield for the 18th time.
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News By: Anmol Sharma
09:57 pm Sunday, 16 August 2026

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Philips India announces Rocking Star Yash as its brand ambassador

Earlier this year, fans spotted Rocking Star Yash using a Philips trimmer in a behind-the-scenes glimpse. Turning that discovery into an official collaboration, Philips India today announced Rocking Star Yash as its Men's Grooming Brand Ambassador, unveiling its new 'Trimmers Ka Baap' campaign and coming onboard with 'Toxic: A Fairy Tale for Grown-ups’ as its Official Grooming Partner.
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News By: Roshan Gupta
08:00 am Monday, 17 August 2026

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7 devotees killed in stampede after thousands gather at Bihar's Ashok Dham Temple

Seven devotees were killed and over a dozen injured in a stampede at Bihar's Ashok Dham Temple in Lakhisarai district on Monday. According to reports, an electric wire fell near devotees, triggering panic as thousands had queued there for jalabhishek. The injured have been taken to Lakhisarai Sadar Hospital, with some reportedly in serious condition.
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News By: Anmol Sharma
08:30 am Monday, 17 August 2026

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Shehzad shares resignation letter again after BJP rejects first, urges party to accept it

BJP leader Shehzad Poonawalla has publicly shared his resignation letter, urging the party to accept his resignation after it previously rejected his request. Citing "emergency financial and personal circumstances”, Poonawalla said after “hard contemplation”, he had decided to step down as BJP national spokesperson and active primary member. “I’m leaving…vyavastha, not…vyakti or vichar,” he added.
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News By: Dharini Mudgal
10:40 am Monday, 17 August 2026

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Why is stock market falling today?

Sensex fell more than 500 points in early trade on Monday, while Nifty slipped below 24,250. Weak global market cues, higher oil prices and a rise in India VIX, widely considered a gauge of market volatility, contributed to the decline. The rupee also fell 17 paise to 95.59 against the US dollar in early trade, further weighing on investor sentiment.
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News By: Mansi Agarwal
12:01 pm Monday, 17 August 2026

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Sunny Deol speaks on feud with Shah Rukh Khan, calls him 'colleague' rather than friend

Sunny Deol recently spoke about his tiff with Shah Rukh Khan during their 1993 film Darr. When asked if he and Shah Rukh are friends, Sunny responded, "We're all colleagues." Sunny disliked the sympathetic portrayal of Shah Rukh's stalker character and ripped his jeans during a heated argument. After Darr was released, the two reportedly didn't speak for 16 years.
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News By: Dharini Mudgal
02:14 pm Monday, 17 August 2026

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Why Delhi HC directed not to process judges’ ITRs under new tax regime?

The Delhi High Court has directed the Income Tax Department not to process ITRs filed by High Court and Supreme Court judges under new tax regime amid a dispute over tax exemptions. The court sought details, including PAN, from judges who filed under the regime. The dispute concerns exemptions for judicial benefits such as official housing, conveyance and travel allowances.
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News By: Jessica Rajan
01:59 pm Monday, 17 August 2026

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Gold bond investors get 223% return on early redemption

RBI announced a premature redemption price of ₹15,295 for Sovereign Gold Bond 2021-22 Series V, issued on August 17, 2021. This means investors who bought the bonds online at the discounted price of ₹4,740 will see an absolute capital gain of about 223%. Those who bought the bonds offline at ₹4,790 will see an absolute return of around 219%.
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News By: Mansi Agarwal
08:48 am Monday, 17 August 2026

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Which is better, taking education loan in parents' name or student's name?

Availing an education loan in the parents or the student's name depends on the lender's rules, the family's income, the student's earning prospects. Keeping students as sole borrowers can build their fiscal discipline and credit history. Parents wishing to repay the loan early or avoid having their child start their career with a heavy liability can choose to be co-borrowers.
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News By: Bhawana Chaudhary
02:34 pm Monday, 17 August 2026

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Amit Malviya removed as BJP IT cell chief

The BJP has removed Amit Malviya as Social Media Convenor and replaced him with Deepak Mhaskey. The reshuffle also includes changes to the party's social media team, with four new social media coordinators appointed from different states. The party has appointed 13 national vice presidents, including former Rajasthan CM Vasundhara Raje Scindia and Ram Madhav.
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News By: Dharini Mudgal
04:11 pm Monday, 17 August 2026

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Why should people think twice before sending PAN, Aadhaar on WhatsApp?

Sending PAN, Aadhaar or bank statements over WhatsApp can expose sensitive data, NDTV reported. Documents shared with agents or employees may remain on personal devices, in cloud backups or be vulnerable to future hacks, potentially leading to identity theft. Experts advise using official company portals or secure digital verification systems instead of sending KYC documents to personal numbers.
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News By: Dharini Mudgal
04:57 pm Monday, 17 August 2026

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Ayush Shetty knocks world number one Shi Yu Qi out in first round of Badminton World Championships

World number 22 shuttler Ayush Shetty defeated world number one and defending champion Shi Yu Qi in the opening round of BWF World Championships in Delhi. The Indian shuttler won 21-14, 13-21, 21-19 to register his first victory over the Chinese star after losing their previous three meetings. Shi had defeated Shetty in Badminton Asia Championships final earlier this year.
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News By: Anmol Sharma
07:51 pm Monday, 17 August 2026

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