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News
Can a child claim deduction for health insurance premium paid for non-resident parents?
49+ min ago (230+ words) A taxpayer wanted to know whether a tax deduction could be claimed for health insurance premiums paid for parents who are NRIs. Today’s Ask Wallet Wise explains how Section 80D and the new Section 126 apply, the deduction limits for parents, and…...
Tata Motors PV stock falls 4.5% after Q1; brokerages cautious on margins, JLR recovery despite strong India biz
13+ min ago (410+ words) Tata Motors Passenger Vehicles Ltd shares fell 4.5 percent in early trade on Friday, emerging as the top loser on the Nifty 50, after its Q1 FY27 results showed a sharp drop in profit and pressure on margins. Most brokerages struck a cautious note…...
Bitcoin slips near $63,400 as daily spot volume drops to $1.19 billion, its lowest level since 2019
33+ min ago (219+ words) Moneycontrol.com Bitcoin slips near $63,400 as daily spot volume drops to $1.19 billion, its lowest level since 2019 Find the weak links Bitcoin price dropped near $63,053 in the early August 14 trade, but recovered some of those losses to trade at $63,390.33 (08:42 IST), down…...
The oil shock hasn???t broken India???s trade resilience
25+ min ago (91+ words) The oil shock hasn’t broken India’s trade resilience Moneycontrol.com The oil shock hasn’t broken India’s trade resilience A bigger trade deficit masks a more reassuring picture: oil’s share of imports is stable; export earnings are holding up; and electronics…...
Claude maker Anthropic could eclipse SpaceX with $2 trillion IPO valuation: Report
46+ min ago (908+ words) Some Anthropic investors expect the Claude maker to command a valuation of $2 trillion or more in an initial public offering as early as October, more than twice its valuation in a May funding round, the Financial Times reported, citing six…...
‘Great Transshipment Scam’: Why White House put India in Tier 1 of China tariff-evasion risk
2+ hour, 26+ min ago (751+ words) India has been placed in Tier 1 of a new White House assessment of countries allegedly used to reroute China-linked goods and evade US tariffs, drawing Indian exporters into Washington’s widening crackdown on country-of-origin fraud. The 25-page report, titled “The Great…...
US prepares to send USS George Washington to Middle East, replace USS Abraham Lincoln- Moneycontrol.com
57+ min ago (947+ words) The US military is preparing to send the USS George Washington to the Middle East to replace the USS Abraham Lincoln, which is nearing nine months on deployment, The Wall Street Journal reported, citing US officials. The officials said the…...
US Treasury secretary Scott Bessent warns of???unprecedented??? economic measures against Tehran next week
1+ hour, 58+ min ago (301+ words) The United States is preparing to impose what Treasury Secretary Scott Bessent described as 'unprecedented economic measures' against Iran, as Washington steps up pressure on Tehran amid the continuing conflict and stalled efforts to reach a broader settlement. According to…...
'Grow up': BJP hits out at Rahul Gandhi over remarks against PM Modi
2+ hour, 9+ min ago (701+ words) The BJP on Thursday launched a scathing attack on Congress leader Rahul Gandhi over his remarks against Prime Minister Narendra Modi, accusing him of using "uncultured and indecent" language and lowering the dignity of the office of the leader of…...
What are Bengaluru new parking rules and how much will you have to pay?
2+ hour, 22+ min ago (598+ words) The Karnataka government has proposed new parking rules that could introduce paid parking across the Greater Bengaluru Area (GBA), with hourly charges based on the type of road. The draft Greater Bengaluru Authority (Parking) Rules, 2026, were notified on August 11 and…...