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
Tech billionaire Elon Musk made a rare appearance at the World Economic Forum in Davos, laying out bold plans for Tesla, artificial intelligence, robotics, and space exploration. Despite previously criticising Davos as elitist, Musk used the global stage to predict a future where humanoid robots could outnumber humans and drive an unprecedented economic boom.
23 January,2026 08:34 PM IST
Trump has sharply expanded the U.S. travel ban, signing a new proclamation that blocks entry from seven additional countries, citing national security risks, visa overstays, and failures in identity screening systems. The move marks one of the most sweeping immigration restrictions of his presidency and signals a renewed hard line on border and visa enforcement. Under the new order, full travel bans are imposed on Burkina Faso, Mali, Niger, South Sudan, Syria, Laos, and Sierra Leone, along with individuals holding travel documents issued by the Palestinian Authority. The White House confirmed the expanded restrictions will take effect on January 1 and apply to both immigrants and non-immigrants. WATCH
20 December,2025 03:13 PM IST
A major breakthrough in U.S.-South Korea trade relations has been announced following intense discussions at the APEC Summit in San Francisco. Both sides reached an understanding to slash U.S. auto tariffs on South Korean imports from 25% to 15%, marking a significant shift in Washington’s trade policy. Lee Jae Myung’s top aide confirmed the development, stating that Seoul will invest nearly $350 billion in the United States, including $200 billion in cash commitments and $150 billion toward shipbuilding and industrial cooperation. WATCH
29 October,2025 10:14 PM ISTADVERTISEMENT
