Nirmala Sitharaman, delivers a wide-ranging economic reset focused on income tax restructuring, investment growth and sectoral reforms. The new framework expands tax slabs under the new regime, offering targeted relief for middle-class and upper-middle-income earners while maintaining continuity in both old and new tax structures. The 30% tax bracket now applies only to income above ₹24 lakh, shifting significantly from the earlier ₹15 lakh threshold and delivering major relief to earners in the ₹15–₹24 lakh segment. Price relief is expected across essentials, healthcare imports, personal-use imported goods, energy inputs, education-linked sectors, and manufacturing components due to customs exemptions and duty relaxations. WATCH
01 February,2026 11:20 PM IST
Russia has launched a major overnight assault on Ukraine, striking both Odesa and Kharkiv in what Ukrainian officials describe as a coordinated attack targeting civilians and energy infrastructure. Drone strikes hit the Black Sea port city of Odesa, causing deaths, injuries, and widespread destruction, while missile and drone attacks knocked out power across large parts of Kharkiv, leaving much of the city in darkness. Homes, apartment blocks, and critical energy facilities were damaged as rescue teams worked through rubble to search for survivors.
28 January,2026 12:45 AM IST
Greenland’s capital Nuuk was plunged into darkness after a sudden citywide power outage late Saturday night. Residents reported electricity failing across the entire city at the same time, prompting concern and intense online discussion. Local utility provider Nukissiorfiit said the outage was caused by an accident and that emergency generators were being used to restore power. Authorities have not explained what triggered the failure or how long full restoration would take.
25 January,2026 06:30 PM IST
Explosions have rocked a strategic energy hub on the Black Sea after a reported drone strike hit oil infrastructure at a major export terminal. Multiple storage tanks containing petroleum products were set ablaze, sending thick smoke into the air and raising concerns over regional and global energy security.
22 January,2026 08:08 PM ISTADVERTISEMENT
