For high-income taxpayers, buyback proceeds may now be taxed at slab rates up to 35.88%, despite the fact that the shareholder is surrendering and extinguishing their rights in the shares. (AI image) When the Finance Act, 2024 rewired the tax treatment of share buybacks, it upended a long-standing system that had—with all its imperfections—at least…
Nathan Lyon of Australia (Photo by Gareth Copley/Getty Images) Australian off-spinner Nathan Lyon etched his name deeper into the record books on Day 2 of the third Ashes Test at the Adelaide Oval, overtaking Glenn McGrath to become Australia’s second-highest wicket-taker in Test cricket. The milestone came during England’s first innings when Lyon struck twice…
MUMBAI: US-based private equity (PE) firm L Catterton has picked up a minority stake in Haldiram Snacks Food amid a rush among investors to take a bite of India’s growing consumer market. The latest investment in Haldiram’s, known for its wide range of namkeen (snacks), sweets and ready to eat products comes less than a…
FILE – Nissan signage at Nissan headquarters in Yokohama, near Tokyo, on May 13, 2025. (AP Photo/Louise Delmotte, File) NEW DELHI: As it struggles to get sales and market share in India, Japanese automaker Nissan on Thursday said it will launch three new models in the country over the next 14-16 months, the first of…
ABA data shows Harvard Law JD class of 2028 with record Black student numbers. (Getty Images) Harvard Law School has seen a significant rise in Black student enrollment for its 2028 J.D. class, according to data released by the American Bar Association (ABA). The school enrolled 50 Black students, more than double the number from…
China is reportedly pressing ahead with a massive hydropower project on the Yarlung Tsangpo river in Tibet, a move that experts and officials warn could seriously endanger water security, ecology and livelihoods downstream in India. As the river enters India as the Brahmaputra, any large-scale intervention upstream is seen as a direct risk to millions…
The TOI correspondent from Washington: In an animated prime time address from the Diplomatic Room in the White House on Wednesday night that was anything but diplomatic, President Donald Trump doubled down on a protectionist agenda that is sending ripples through the global financial system, emphasizing the benefits of broad tariffs and steep reductions in…
The Uttar Pradesh government announced on Thursday that it will recruit 1.5 lakh government employees in 2026. The move is part of a plan to reach 10 lakh government jobs in the past ten years, officials said. Chief Minister Yogi Adityanath asked departments to provide vacancy details to speed up the recruitment process according to…
US stock markets rallied on Thursday after a better-than-expected inflation update eased concerns over the interest rate outlook, while a strong earnings report from Micron Technology helped arrest the recent slide in artificial intelligence-linked stocks, AP reported.The S&P 500 rose about 1%, snapping a four-session losing streak. The Dow Jones Industrial Average climbed over 350…
CAT 2025 exam result dateAI generated image CAT result 2025: The Indian Institute of Management is expected to release the CAT 2025 results soon on the official website, iimcat.ac.in. While no official timeline has been shared, thousands of aspirants across the country are waiting for the percentile scores. Following the conduct of CAT 2025 across…
