Under the new income tax regime, individuals with total income up to Rs 12 lakh can claim a rebate of up to Rs 60,000. (AI image) ITR filing FY 2025-26: Before filing your income tax return, it is important to be aware of the applicable income tax rates and slabs under both the new and...
Category: News
After 8,000 layoffs, Meta CEO Mark Zuckerberg makes a ‘confession’ to employees
Meta CEO Mark Zuckerberg admits “mistakes” in AI overhaul memo, promises no more 2026 layoffs after 8,000 job cuts Meta CEO Mark Zuckerberg has a problem he can’t memo his way out of. A month after Meta cut 8,000 jobs and reassigned another 7,000 people to AI work, morale inside the company sits at record...
Anthropic’s IPO has a problem that ‘just won’t go way’, and the reason may be US government
Anthropic confidentially filed to go public as soon as this fall, riding its success story that it dominates the enterprise artificial intelligence (AI) market. However, as the startup prepares for a public offering that may carry a valuation of nearly $1 trillion, it is facing an existential crisis that just won’t go away: the US...
Watch: Trump says ‘I’m the boss’, draws laughter from G7 leaders
(Photo credit: AP) US President Donald Trump sparked laughter among world leaders at the G7 summit in France on Wednesday after arriving late to a key meeting and jokingly declaring, “I’m the boss.”The light-hearted moment came as leaders gathered for the final day of talks at the lakeside resort of Evian-les-Bains in the French Alps....
Three years on, has Sri Lanka recovered from its economic collapse?
In the summer of 2022, Sri Lanka became a symbol of economic collapse.Fuel stations ran dry. Long queues stretched for kilometres. Power cuts lasted for hours. Inflation surged, foreign exchange reserves evaporated and the country defaulted on its external debt for the first time in its history.The crisis triggered political upheaval, culminating in the resignation...
Speaker Om Birla to hear Abhishek Banerjee on TMC split claim on June 19
NEW DELHI: Lok Sabha Speaker Om Birla has called Trinamool Congress (TMC) leader Abhishek Banerjee for a meeting on June 19 to present his case against recognising a breakaway faction within the Mamata Banerjee-led party, as the Speaker weighs competing claims arising from a widening split in the TMC’s Lok Sabha ranks.The hearing comes after...
Economics of buying versus renting a home: What makes sense?
“Ye tera ghar, ye mera ghar, ye ghar bohot haseen hai.”Owning that ‘haseen’ home has long been a cornerstone of the Indian dream. More than just a roof over one’s head, having one’s own home has traditionally represented stability, success and long-term security.But in 2026, that dream is running into a reality check. Property prices...
Age of software export controls starts with a bug report as US treats AI model like a missile
For years, technology export controls meant things that arrived in wooden crates. Advanced chips. Lithography machines with German optics and Dutch precision. Missile guidance systems. Cryptography hardware. Physical objects with heft and serial numbers, moving through ports and customs declarations and the comforting paperwork of the material world. The entire legal architecture of export control...
Longer than World War I: 10 ways Russia-Ukraine conflict has changed the world for decades to come
The Russia-Ukraine war, now longer than WWI, is fundamentally reshaping global order. The Russia–Ukraine war has now lasted 1,575 days as of June 17, 2026 — a grim milestone that makes it longer than World War I (1,568 days).That comparison matters: World War I didn’t just redraw borders; it shattered old assumptions about how wars...
19 trekkers battle avalanche threat to conquer Traill’s Pass; chilling video emerges
By-Yogesh NagarkotiBAGESHWAR: A 19-member trekking team successfully crossed Traill’s Pass (5,312m) in the Kumaon Himalayas after battling blizzard conditions, deep crevasses and a narrowly avoided avalanche. The historic high-altitude pass, regarded as one of Uttarakhand’s toughest trekking routes, connects the Pindari Glacier region in Bageshwar with Munsiyari in Pithoragarh district.Team members said the journey demanded...
