Gold and Silver may crash soon, according to an expert

Global Gold Hits All-Time High of $4,000/oz; Experts Fear Imminent Correction Following 37.5% India Rally

Gold and Silver may crash soon, according to an expert

International Gold Hits All-Time High of $4,000/oz; After 37.5% India Rally, Experts Warn of Imminent Correction).

Tuesday saw international gold prices reach an all-time high of $4,000/ounce, continuing the upward trend despite global headwinds. International gold prices have increased by 30% this fiscal year.

Things have been better in India. The yellow metal has increased 37.5% in the current fiscal year. It is up 6% in the first eight days of October alone. \ Nonetheless, analysts see indications that profit-booking may be imminent.

Concerns like the US shutdown and the potential for an Israel-Hamas peace agreement are being closely monitored on a global scale. A possible catalyst for profit booking in gold and silver is the dollar index, which is currently trading at a two-month high and is getting close to the 99 level.

Headwinds worldwide fuel a historic rally

The dollar index increased 1.27% this week and is currently trading at 98.7, according to Anuj Gupta, director at Ya Wealth Global. This is the first indication that gold and silver are ready for profit-booking.

I agree. "Gold is very overbought and vulnerable to a pullback," stated Nigam Arora, an algo analyst based in the United States and the author of the Arora report.

He lists the following as triggers: the dollar's strengthening, the end of the US government shutdown, and the Federal Reserve's October interest rate-cutting decision.

French and Japanese bond yields are increasing, among other factors. There may be a correction in gold prices if a new government in France is able to pass the budget or if the prime minister-to-be in Japan makes it clear that she will not allow fiscal policy to run wild and does not put pressure on the Bank of Japan to lower interest rates.

A sharp correction is indicated by an overbought market.

The price of silver is also steadily increasing, in addition to gold. According to Arora, silver will move 1.7 times faster than gold in either direction. This implies that when the silver price drops, it will do so 1.7 times more quickly.

Given how swift the rally was, the correction, when it occurs, may be severe. Extremely abrupt corrections were observed in the short term during the last few decades in a bull market, but the rally persisted in the medium term.

According to Chirag Mehta, CIO at Quantum AMC, "We can't rule out some correction, even though the underlying factors are still positive for gold given the sharp 30%-odd rally in a short period of time." Similar to past bull markets in the 1970s or 2000s, an overbought market will benefit from a correction of 10–15%. Nonetheless, he thinks that gold investors are fundamentally bullish.

Additionally, Chirag Sheth, principal consultant at London-based bullion research firm Metal Focus, stated that they are still optimistic and that the general momentum will continue.

Makan Marmat Yojana: ₹80,000 will be given by the government to repair a damaged home. This is how you can take advantage of this scheme's benefits.

Makan Marmat Yojana: The Government of Haryana has introduced a major program called the "Dr. B. R. Ambedkar Awas Navinikaran Yojana" (Dr. B. R. Ambedkar Housing Renovation Scheme) in an attempt to improve the living conditions of economically disadvantaged groups. Through this program, the state government hopes to give qualified Haryana residents up to ₹80,000 in financial aid for the restoration and repair of aging and run-down homes.

This program is a significant step toward guaranteeing that impoverished families, particularly those who lack the resources to perform necessary maintenance on their own, can live in safe, secure, and decent housing conditions.

Makan Marmat Yojana: The Scheme's Primary Goal

The scheme's main goal is to assist low-income families in improving their old, dangerous homes so they can live better lives. Many families continue to live in unsafe, structurally deficient homes in Haryana's rural and urban areas. The government hopes to assist these households in renovating their homes so they are both livable and structurally sound through this program.

In addition to improving housing, the program seeks to uphold social dignity and encourage inclusive development, particularly for the less fortunate and economically disadvantaged segments of society.

• Makan Marmat Yojana: Qualifications to Participate in the Program

The Haryana government has established particular eligibility requirements in order to guarantee that the scheme's benefits are received by the most deserving people:

1. Haryana resident: The candidate needs to be a Haryana permanent resident.
2. Annual Family Income: Families with lower incomes are the target of the program. As a result, the family's annual income shouldn't be more than ₹1.80 lakhs.
3. Ownership of the Home: The home that requires repair must belong to the applicant.
4. Age of House: At the time of application, the house in question must be at least ten years old.
5. Criteria for Land Ownership:
• In urban areas, the candidate must be the owner of a pucca, or permanent, home that is at least 35 square yards in size.
• In rural areas, the house should be at least fifty square yards.
• A certificate from the village secretary (gram sachiv) attesting to ownership will be accepted if the applicant in a rural area does not own a registered property.

These prerequisites guarantee that the program directly helps people who are truly in need and residing in subpar housing.

• Required Documents for the Makan Marmat Yojana Application

To prove their eligibility, applicants who wish to participate in the program must submit a number of required documents. Among them are:

1. Pictures of the House Before Renovations: To illustrate the state of the house today.
2. The purpose of this proposed post-renovation photo is to give a visual representation of the desired result.
3. Bank Account Information Associated with Aadhaar: For the purpose of transferring the aid funds directly.
4. The estimated cost of repair work is a simple quote or cost estimate.
5. An income certificate attesting to a yearly income of ₹1.80 lakhs or less.

Before the application is accepted or denied, all supporting documentation must be delivered to the District Welfare Officer's Office for verification.

• Step-by-Step Instructions for the Makan Marmat Yojana Application Process

It is convenient for citizens to apply from the comfort of their homes because the Haryana Housing Renovation Scheme application process is entirely online. Interested candidates can do the following:

1. Check out the official website at https://saralharyana.gov.in.
2. Register or sign in with your login information.
3. In the services section, look for "Dr. B. R. Ambedkar Awas Navinikaran Yojana."
4. Provide accurate personal, financial, and real estate information on the application form.
5. All necessary documents should be uploaded in the format specified.
6. Fill out the application and save a copy of the acknowledgement for your records.

Following a successful submission, district-level officials will review the application. The grant will be processed and credited to the applicant's registered bank account upon approval.

• How Will the Financial Assistance of ₹80,000 Be Given?

The government will immediately deposit ₹80,000 into the applicant's Aadhaar-linked bank account upon approval of the application. This sum is a non-refundable grant rather than a loan. The government has established stringent guidelines for the appropriate use of the funds, though.

The full sum must only be utilized for home remodeling. The government has the right to file a lawsuit and recoup the money if any fraud or misuse is found.

Beneficiaries are therefore strongly encouraged to use the grant truthfully and solely for the purpose for which it was intended.

• Why Does Haryana Need This Scheme So Much?

Despite Haryana's quick industrial growth, a sizable portion of the population still consists of low-income, rural families whose homes are in poor structural condition. These families frequently lack the funds necessary to perform even simple repairs.

This exact issue is addressed by the Dr. B. R. Ambedkar Awas Navinikaran Yojana, which provides these families with direct financial assistance to upgrade their housing. This not only improves their quality of life but also fosters social inclusion, safety, and improved health.

The program also has symbolic meaning because it is named after Dr. B. R. Ambedkar, a pivotal figure in India's struggle for social justice, demonstrating the government's dedication to improving underprivileged areas.

• Financial Misuse: Repercussions and Legal Action

Strict guidelines about the use of grant funds have been issued by the Haryana government. The government will start the process of recovering the funds if it is discovered that any beneficiary is using them for things other than home repair, like personal expenses or fabricating information to receive the benefit.

Legal action may also be taken in extreme situations. In order to ensure that this admirable initiative fulfills its intended purpose, the government urges all applicants to apply and use the funds with honesty and transparency.

• Final Thoughts

The government of Haryana has taken a timely and very beneficial step with the Dr. B. R. Ambedkar Housing Renovation Scheme. It fosters social justice and inclusivity in addition to addressing the physical safety and wellbeing of low-income families residing in dilapidated homes. The program makes sure that even the state's poorest households can live comfortably, securely, and with dignity by offering up to ₹80,000 for home repairs.

Individuals who fit the requirements are urged to apply online and utilize this program to the fullest extent possible in order to raise their standard of living.

8th Pay Commission: A big blow to central workers; the fitment factor will be this much instead of 2.86.

8th Pay Commission: There is a significant update that may disappoint you if you work for the Central Government as well.

Concern has been raised by recent events for the thousands of government workers in India who were anxiously awaiting a sizable pay increase through the 8th Pay Commission. There appears to be less excitement than anticipated for the revision of the fitment factor, which is a key factor in deciding pay increases.

Let's take a closer look at what this means for workers in the Central Government and the latest information on the 8th Pay Commission.

Crushed Expectations: Fitment Factor Might Not Rise as Anticipated

The 8th Pay Commission raised expectations among central government workers, particularly with regard to the fitment factor, which has a direct impact on the basic pay increase. At first, rumors and conversations suggested that the fitment factor might be changed to 2.86, which would have led to a significant pay increase.

Recent reports, however, indicate that the government intends to maintain the fitment factor at 1.92. This figure indicates only a modest pay increase and is much less than what the workers had anticipated. According to a number of economists, raising the fitment factor above 1.92 would be extremely costly for the government and less practical given the state of the economy.

Why Does Fit Matter So Much?

The updated base pay for government workers is determined by multiplying the fitment factor. Employees anticipated a jump to at least 2.86 in the upcoming 8th Pay Commission, as it was 2.57 under the 7th Pay Commission.

If the 2.86 factor were applied, for instance, an employee currently receiving ₹18,000 in basic pay (according to the Level 1 pay matrix) would see an increase in their monthly salary to ₹51,480. However, the new salary would only be ₹34,560 per month with the suggested 1.92 fitment factor. The expectations of lakhs of workers have been severely damaged by this discrepancy of almost ₹17,000.

Why Doesn't the Government Want to Raise It?

According to a number of reports, the central government is worried about how a high fitment factor will affect its finances. Given that more than one crore central government employees and pensioners stand to gain, implementing a 2.86 fitment factor across the board could result in a significant increase in government salary expenditures.

The government is trying to strike a balance between the needs of its workers and fiscal responsibility in light of the current fiscal pressures, which include welfare programs, infrastructure development, subsidies, and debt repayment. For this reason, the 1.92 fitment factor proposal is thought to be more realistic.

The 8th Pay Commission's status is that the formation process has begun.

The 8th Pay Commission has not yet been formally established. Reports, however, affirm that the formation process is in progress. Since the 7th Pay Commission was established in 2016, it is generally anticipated that the 8th Pay Commission will be established by 2026. Traditionally, a new pay commission is established every ten years.

Following its formal formation, the commission will consult with various ministries, financial experts, and employee unions before starting to draft recommendations. Following their submission to the government for approval, the finalized recommendations will be put into effect.

Economic Gains for More Than One Crore of Recipients

More than 1 crore central government employees and pensioners are anticipated to directly benefit from the 8th Pay Commission's implementation. Additional financial benefits, such as higher allowances, pension revisions, and new incentives, will be implemented in addition to the basic salary increase.

Any increase, even a modest one, will eventually improve government employees' take-home pay and post-retirement benefits, despite the initial disappointment caused by the lower fitment factor.

Hike in Dearness Allowance (DA) beginning in July 2025

In addition to the Pay Commission, the Dearness Allowance (DA), which is updated twice a year in January and July, is another element that frequently provides some respite to workers. Employees of the central government currently receive a 55% DA.

It is anticipated that the DA may be raised by 4% starting in July 2025, bringing the total to 59%. This hasn't been formally confirmed yet, though, because the All-India Consumer Price Index for Industrial Workers (AICPI-IW), which accounts for changes in cost of living and inflation, will be used to make the final decision.

Following an analysis of the AICPI data through June 2025, the official DA hike will be declared.

Employee and Union Reactions

Employees and several unions have not taken well to the news of a potential lower-than-expected fitment factor. Many have voiced their displeasure and worries, claiming that a more generous salary revision is necessary due to inflation and growing living expenses. It is anticipated that employee unions will exert pressure on the government to reexamine the suggested fitment factor, calling for the maintenance, if not an increase, of at least a 2.57 factor (as observed in the 7th CPC).

Employee associations may plan representations or talks to make their demands heard more forcefully in the upcoming months.

Conclusion: Employees of the Central Government Face Mixed News

In conclusion, the recent revelations about the fitment factor have caused worry and disappointment, even though the 8th Pay Commission is anticipated to provide financial relief to government workers and pensioners. Despite being economically advantageous for the government, the suggested 1.92 fitment factor does not meet employee expectations.

Additionally, employees will have to wait patiently for official updates in the upcoming months as there has been no formal announcement regarding the commission's formation. Some short-term respite may be offered by the July 2025 revision to the Dearness Allowance, but long-term gains depend on the 8th Pay Commission's equitable and successful execution.

As the process progresses, workers and retirees nationwide will be closely monitoring it in the hopes that their contributions will be appropriately acknowledged with a significant and equitable pay increase.

The US Federal Reserve lowers interest rates by 0.25 percentage points.

U.S. Federal Reserve Chair Jerome Powell speaks at a press conference in Washington, D.C., on September 17, 2025, after the Federal Open Market Committee's interest rate policy statement is released. Image Source: Reuters

This is the Fed's first rate cut since December, and officials say they anticipate lowering their key rate twice more this year.

As the central bank becomes increasingly concerned about the state of the labour market in the country, the Federal Reserve lowered its key interest rate by a quarter point on Wednesday, September 17, 2025, and announced it would do so twice more this year.

The Fed reduced its short-term rate from 4.3% to roughly 4.1% in what is its first cut since December. As they assessed the effects of tariffs, stricter immigration enforcement, and other Trump administration policies on inflation and the economy, federal officials, led by Chair Jerome Powell, had maintained their rate at its current level this year.

However, since hiring has essentially stopped in recent months and the unemployment rate has increased slightly, the central bank's attention has swiftly shifted from inflation, which is still slightly above its 2% target, to jobs.

Reduced interest rates could increase hiring and growth while lowering borrowing costs for business, auto, and mortgage loans.

At a press conference after the Federal Reserve's two-day meeting, Mr. Powell stated, "The downside risks to employment appear to have increased in this less dynamic and somewhat softer labour market."

To the dismay of Wall Street, federal officials also hinted that they plan to lower their key rate twice more this year but only once in 2026. Investors had forecasted five cuts for the remainder of this year and the following year prior to the meeting.

Stephen Miran, who was appointed by President Donald Trump and confirmed by the Senate in a hurried vote late Monday (September 15, 2025), just hours before the meeting started, was the only Federal policymaker to disagree with the ruling. Miran favoured a larger half-point cut, but Mr. Powell informed reporters that Federal officials didn't "support" the larger cut.

The outcome of the meeting indicates that Mr. Powell was able to put together a show of unity from a committee that includes Miran, two other Trump appointees from his first term, and a Federal Governor, Lisa Cook, whom Mr. Trump is trying to fire. Many economists had predicted that there would be more dissent.

Threats to the Federal's long-standing independence from daily politics coexist with a difficult economic climate. While hiring has slowed, inflation has remained stubbornly high. According to the consumer price index, it increased 2.9% in August compared to the same month last year, up from 2.7% in July and significantly above the Fed's 2% target.

Weaker hiring and higher inflation are unusual because a slowing economy usually makes consumers cut back on spending, which slows price increases. Last month, Mr Powell implied that even if tariffs raise prices even more, slow growth might control inflation.

Separately, many legal experts view Mr. Trump's attempt to fire Ms. Cook as an unprecedented assault on the Federal's independence, as it marks the first time a president has attempted to remove a Federal Governor in the central bank's 112-year history.

Ms. Cook has been accused of mortgage fraud by his administration, but this accusation comes after Mr. Trump has heavily criticised Mr. Powell and the Federal Reserve for not lowering interest rates more quickly and sharply.

Late on Monday, September 15, 2025, an appeals court maintained a previous decision that Ms. Cook's due process rights were violated by the termination. Additionally, a lower court had previously decided that Trump's removal of Ms. Cook lacked adequate justification. The Senate voted in favour of Mr Miran's nomination late on Monday, September 15, 2025, and he was promptly sworn in on Tuesday, September 16, 2025.

Federal officials "have to make their own choice," but "they should listen to smart people like me," Mr. Trump stated on Tuesday, September 16, 2025. The Federal Reserve should lower rates by three full percentage points, according to Mr. Trump.

The Federal Reserve is in a different position than many other central banks abroad as a result of its decision to lower interest rates. Since inflation has mostly decreased and the economy has so far suffered little from U.S. tariffs, the European Central Bank kept its benchmark rate unchanged last week.

The Bank of England is also anticipated to maintain its rate on hold on Friday, September 19, 2025, given that inflation, at 3.8%, is still higher than in the US.

Producers reveal in a scathing post that Deepika Padukone will not be starring in the Kalki 2898 AD sequel, saying, "This film deserves commitment."

In Kalki 2898 AD, Deepika Padukone portrays a pregnant woman.

For fans of Deepika Padukone, production company Vyjayanthi Movies has made a heartbreaking announcement. The sequel to Kalki 2898 AD will not feature her.

Deepika Padukone was taken out of the sequel to Kalki 2898 AD.

"This is to formally announce that @deepikapadukone will not be a part of the upcoming sequel of #Kalki2898AD," they wrote on Twitter. We have made the decision to part ways after giving it some thought.

Additionally, the tweet seemed a bit too critical, as though it accused Deepika of not committing fully to the position. "We failed to establish a collaboration despite the protracted process of producing the first movie. And a movie like @Kalki2898AD is worthy of that dedication and more. We hope she does well in her future endeavours.

Deepika co-starred in Kalki 2898 AD with Prabhas, Amitabh Bachchan, and Disha Patani. Deepika played a crucial part in the film and was anticipated to play the lead in the follow-up.

Responses from online

Fans responded to the post in a bewildering manner. One person wrote, "Nag Ashwin should be prepared to face the music from Deepika fans." Someone else speculated, "I don't think it's the effect of Prabhas/Spirit; it might be something else."

Citing similar problems, Deepika also left co-star Prabhas' Spirit a few months ago. Prior to this, Deepika was in negotiations to play the lead in Sandeep Reddy Vanga's next action movie. But following her alleged departure from the project, rumours circulated that she had asked for an 8-hour workday, a cut of the movie's earnings, and the avoidance of speaking Telugu during her dialogue—conditions that the director reportedly did not approve of. Triptii Dimri eventually took her place.

In addition, fans are proposing other actors for Deepika's part. Keerthy Suresh was cast as Sumathi @nagashwin7. We have the best talent and are ideal for the position! 🤍 Another suggested "Lokah movie's @kalyanipriyan." Someone commented, "I'm glad she's not in this franchise. She acted in scenes that literally lacked emotion. Even Mrunal Thakur's facial expressions improved during her brief appearance on screen.

An IPS officer warns of a scam as the "Nano Banana" Gemini trend picks up steam.

People are attempting to create vintage-style portraits from their photos using Google's AI tool.

Online trends nano banana can be entertaining, but if users are irresponsible with their personal information, they could put themselves in danger.

September 16, 2025, New Delhi — Law enforcement is now warning against what began as a harmless online trend: using Google Gemini's "Nano Banana" tool to turn photos into old-fashioned Bollywood portraits. V.C. Sajjanar, an IPS officer, has warned social media users that seemingly innocuous actions can have serious consequences.

Gemini's Nano Banana trend is causing a crazy frenzy. Everybody on social media is attempting to create vintage-style portraits with their photos using Google's AI tool. Despite its initial fascination, an IPS officer has cautioned that it could result in financial loss.
On X (formerly Twitter), IPS officer VC Sajjanar warned users about the risks associated with disclosing personal information online. He emphasised that although following trends online can be entertaining, users who are irresponsible with their personal information run the risk of suffering major consequences.

"Be wary of popular topics on the internet! He wrote, "Stumbling into the Nano Banana trending craze... if you share personal information online, such scams are bound to happen."

ఇంటర్నెట్‌లో ట్రెండింగ్ లతో జాగ్రత్త!

'నానో బనానా' ట్రెండింగ్ మాయలో పడి.. వ్యక్తిగత సమాచారాన్ని ఇంటర్నెట్ లో కుమ్మరిస్తే ఇలాంటి మోసాలే జరుగుతాయి.

ఒక్క క్లిక్‌తోనే బ్యాంక్ ఖాతాల్లో ఉన్న డబ్బు నేరగాళ్ల చేతుల్లోకి పోతుంది.

ఫేక్ వెబ్‌సైట్‌లు, అనధికార యాప్‌లకు ఫోటోలు/వ్యక్తిగత… pic.twitter.com/ZqmsqZ0wOi

— V.C. Sajjanar, IPS (@SajjanarVC) September 14, 2025

The IPS officer advised people to use caution and upload their images only to the official website—not to phoney websites or unapproved apps. "Criminals can access the funds in your bank accounts with a single click."

He advised people to only give their personal information and images to reputable and validated websites and applications. He wrote, "Remember that safety should be your first priority, but you can share your happy moments on social media trends."

Sajjanar also cautioned against using unidentified websites and apps. "You're bound to fall into a pit if you step onto an unseen path," he said. Before uploading your pictures or private information, give it some thought.

According to him, internet trends frequently gain popularity right away but eventually lose it. Trends pass quickly, but the effects of careless data sharing can linger for a long time. These new trends are frequently exploited by scammers to take advantage of users.

"These trends appear, create a stir for a few days, and then fade away... It's hard to get your data back once it's on phoney websites or unapproved apps," he continued.

He said, "In the end, you are in charge of safeguarding your financial information and personal data online."

A post that claims that a woman who jumped on the newest Banana AI saree trend on Google Gemini felt "creepy" is going viral in the midst of this trend. She uploaded a picture of herself wearing a saree, and to her surprise, the AI produced an image showing a mole on her body.

"How does Gemini know that I have a mole in this area of my body? This mole is visible to you; it's eerie and frightening. "How this happened is still a mystery to me," she wrote.

She cautioned others to exercise caution when posting anything on social media and AI platforms after sharing her experience on Instagram.

PM Modi is in Assam today to inaugurate and lay the groundwork for projects valued at ₹18,530 cr. The complete schedule and agenda can be found here.

Prime Minister Modi will begin the day by laying the foundation stones of various projects at Darrang around 11 AM and addressing a public function.

Major infrastructure and industrial development projects in Assam valued at over ₹18,530 crore will be inaugurated and the foundation stones laid by Prime Minister Narendra Modi today. In addition to speaking at a public event, he will start the day by laying the cornerstones for several projects at Darrang.

Guwahati, Sep 13 (ANI): On Saturday, Prime Minister Narendra Modi honoured Bharat Ratna Dr. Bhupen Hazarika at a ceremony held in Guwahati to mark his 100th birthday. (Photo by DPR PMO/ANI) (DPR PMO)

Today, September 14, Prime Minister Narendra Modi will officially launch and lay the groundwork for significant industrial and infrastructure development projects in Assam that total more than ₹18,530 crore.

Around eleven in the morning, Prime Minister Modi will lay the cornerstones of several projects at Darrang before speaking at a public event.

The Prime Minister will lay the groundwork for several projects in Darrang. The projects include Kuruwa–Narengi Bridge over the River Brahmaputra, which will improve connectivity and promote socio-economic development in the region; the Guwahati Ring Road Project, which will improve urban mobility, decongest traffic, and improve connectivity in and around the capital city; and Darrang Medical College & Hospital, GNM School, and BSc Nursing College, which will strengthen medical education and healthcare delivery in the region.

Around eleven in the morning, Prime Minister Modi will lay the cornerstones of several projects at Darrang before speaking at a public event.

At approximately 1:45 PM, he will then officially open the Numaligarh Refinery Plant at Golaghat, which is owned by Assam Bio-ethanol Private Limited. The project's goals are to lessen reliance on fossil fuels and advance clean energy.

"This is a significant step in the direction of clean energy promotion. Additionally, the Numaligarh Refinery will lay the foundation stone for its polypropylene plant. In a post on X on Saturday, the prime minister stated that these projects would stimulate the local economy and create jobs.

Additionally, PM Modi will lay the cornerstone for the Polypropylene Plant at Numaligarh Refinery Limited (NRL) at 2:30 PM. The petrochemical industry in Assam will benefit greatly from this plant, which will also create jobs and advance the socioeconomic growth of the area as a whole.

The celebration of Bhupen Hazarika's 100th birthday

Following his first trip to Manipur since the ethnic violence of 2023, PM Modi left for Guwahati on Saturday to speak at the celebrations of Bharat Ratna Bhupen Hazarika's 100th birthday.

The Prime Minister said that he hoped Bhupen's music would keep flowing indefinitely and everywhere. The Prime Minister praised Bhupen Hazarika as a great defender of India's integrity and unity and emphasised that the government is striving to fulfil his aspirations for a prosperous Northeast.

The entire day tomorrow, 14th September, will be devoted to the development of Assam! Projects worth over Rs. 18,530 crore will either be inaugurated or their foundation stones will be laid. The first programme will take place in Darrang, where the foundation stone will be laid…

— Narendra Modi (@narendramodi) September 13, 2025

"The elder brother, Bhupen Da, was a strong advocate for India's integrity and unity. Even during those trying times, when the North East was neglected and left to burn in the flames of violence and separatism decades ago, Bhupen Da continued to advocate for India's unity. His vision of the North East was one of prosperity. He performed for the Northeast. For Assam, he performed songs. In order to fulfil his aspirations for the Northeast, we are working day and night today," PM Modi stated.

In addition, PM Modi unveiled the "Commemorative Coin and Stamp" in Bharat Ratna Bhupen Hazarika's honour.

Monday in Bihar and West Bengal

At approximately 9:30 AM on September 15, the Prime Minister will travel to West Bengal and open the 16th Combined Commanders' Conference-2025 in Kolkata. 

At approximately 2:45 PM, the Prime Minister will then travel to Bihar and officially open the new Purnea airport terminal building. In addition, he will speak to the crowd on the occasion of laying the cornerstone and launching several development projects in Purnea that will total about ₹36,000 crore. In Bihar, where elections are planned for later this year, he will also introduce the National Makhana Board.

All new Bajaj Pulsar N125 Launched and is now available with a powerful 60Kmpl mileage and a stylish look.

Bajaj Pulsar N125: A Small Pulsar With a Big Attitude

The Bajaj Pulsar N125 is like the youngest child in a family that always wants to show off. It's the smallest, but it's always ready to make a point. Bajaj calls it an entry-level naked sports bike, and it's basically their way of saying to college kids, "Yes, you can look cool without selling your kidneys."

This bike isn't just for getting to work; it's also a stylish daily companion that says, "Sure, I'll get you to class, but let's look like superheroes on the way." The N125 is both affordable and Instagram-worthy because it has the right mix of style, performance, and fuel economy.

Mini Hulk in Sports Gear:

The Pulsar N125 looks like it has been working out at the gym at first glance. It has a muscular tank, sharp edges, and sporty graphics. It gets its DNA from the bigger Pulsar "N" series, so even though it's the youngest, it acts like it owns the road.

The LED headlamp isn't just for seeing; it's like wearing sunglasses inside. The sharp panels, layered side profiles, and bold tank design make it look like a sports bike that got smaller in the wash. It screams, "Don't call me a commuter," whether it's still or moving.

Small but powerful engine and performance

There is a 124.45cc single-cylinder engine under all that muscle. It's not a fire-breathing dragon, but it is a very determined puppy. The throttle response is smooth, the gear shifts are easy, and the clutch is light enough that your left hand won't complain.

Top speeds won't make race announcers lose their voices, but they're perfect for driving around town and on the highway every now and then. With its 5-speed gearbox, you'll be able to get through traffic quickly and maybe even beat that auto-rickshaw that thinks it's in Fast & Furious.

Fuel Efficiency: You'll Save Money

The N125 consumes fuel cautiously and slowly, much like a well-mannered partygoer. Depending on whether you ride like a responsible adult or like you're trying out for a Bollywood action chase, you should expect to get between 50 and 60 km/l. In any case, fewer trips to the gas pump translate into more money for EMI payments, Maggi, or chai.

Chill Mode Activated for Comfort and Ride Quality

"You won't need a chiropractor after riding" is bike jargon for the ergonomic seating position. The footpegs don't make you feel like you're squatting at the gym, the handlebars are in the right places, and the seat is sufficiently cushioned for weekend excursions and short rides.

A suspension? The ride is stable and comfortable thanks to a mono-shock at the back and telescopic forks up front. At least you won't feel like you're trying out for a rodeo, even though city potholes will still exist.

CBS (Combi-Brake System) is in charge of handling braking duties; it's essentially the bike's way of saying, "Don't worry, I'll cover for you if you panic brake."

Features: Traditional and Tech-Aware

The instrument cluster is a hybrid; the trip information, speed, and fuel are digital (so you don't have to squint), while the tachometer is analog (so you can still feel like an old-school biker). The overall construction is sturdy enough to withstand the chaos of the city, and LED lighting keeps things up to date.

Yes, it lacks traction control and forks that are upside-down, but really, it's a 125cc, not a Ducati Panigale.

Cost: Chic on a Budget

The N125 is essentially the "affordable cool kid" of motorcycles, with an ex-showroom price range of about ₹90,000 to ₹1,00,000. It's less expensive than your Netflix, gym, and coffee subscriptions put together, with EMI options starting at about ₹3,000 per month. Additionally, because Bajaj parts are widely available and mechanics are as familiar with Pulsars as aunts are with family lore, maintenance is inexpensive.

Conclusion: Big Character, Little Engine

The Bajaj Pulsar N125 is not intended to win MotoGP or set speed records. However, it performs its functions admirably: it looks good, rides smoothly, sips fuel, and gives you the impression that you are a part of the Pulsar heritage without having to sell your organs.

The N125 is an example of how sometimes the most sensible fun comes in smaller packages, making it ideal for college students, novice riders, and anyone else who wants to look sporty without breaking the bank.

To put it briefly, it's the entry-level bike that defies appearances. 💥

The newly released Ultraviolette F77 will have a powerful engine and a 323-kilometer range.

India's first "spaceship on two wheels" is the Ultraviolette F77.

With the Ultraviolette F77 at its core, the Indian electric two-wheeler market is booming like a cell phone on silent. This beast is essentially Iron Man's armour on two wheels, so forget about your typical "battery scooter" that looks like it belongs in your grandmother's driveway. The F77, which was created and produced in India, is here to demonstrate that being environmentally friendly need not equate to being "boring."

This isn't your typical electric motorbike. Oh no. It's a performance-focused rocket that so perfectly combines speed, style, and cutting-edge technology that even car enthusiasts begin to reconsider their life decisions. The F77 is more than just a bike; it's a flex with aggressive styling, high-end features, and a range that will make your phone battery envious.

Design & Styling: Batman Wants His Bike Back After Calling

The Ultraviolette F77's first distinguishing feature is that it doesn't resemble the typical "EV scooter" that you see speeding around with shopping bags slung over the side. This appears to be a potential star of the upcoming Avengers film. It shouts, "I'm here to save the planet and scare your neighbours," with its sculpted tank, aggressive LED stare, and sharp aerodynamic body lines.

This isn't just about going green; it's also about going fast and looking mean while doing it, as evidenced by the split seats, high-end finishing, and small tail section.

Comfort and Riding Experience: Athletic but Not Suggested by a Chiropractic Professional

Though not so aggressive that you need yoga classes after a ride, the F77's riding posture is sporty enough to make you feel like Valentino Rossi's environmentally conscious cousin. You can use it for weekend trips or city commutes without experiencing any pain thanks to the clever ergonomics and well-padded seats.

The computer screen? A complete cockpit. It gives you speed, range, navigation, and even the ability to Bluetooth your phone, which is obviously what futuristic riding is all about—answering mom's call while travelling at 100 kmph.

Performance of Electric Motor: Instant Karma (and Instant Torque)

This is where things start to get crazy: a few seconds from 0 to 60 kmph. 140 kmph is the maximum speed. That's "fast enough to make you doubt your survival instincts," not just "fast for an EV."

Instant torque from the motor means there is no lag or drama—just pure whoosh. Additionally, you can enjoy the speed without worrying that your teeth will fall out because there are no vibrations. Motorcycles powered by petrol? I apologise, but your thunder and fuel money were just stolen by the F77.

Range & Battery: Lasts Longer Than Your Sunday Netflix Marathon

Anxiety about range? Ignore it. Depending on the mode, the F77 can travel between 300 and 373 kilometres on a single charge. This is essentially sufficient to travel from Delhi to Jaipur and still have battery life for Instagram stories.

With fast charging built in, this bike is already getting ready for round two, while your phone is barely able to reach 20% in 30 minutes. Yes, the bike charges itself a little when you apply the brakes when you have regenerative braking.

(Talk about outperforming the majority of us in terms of productivity.)

Advanced Features: The iPhone-like bike that updates

• The F77 has enough technology to make your laptop envious:
• A cluster of digital displays with a sophisticated user interface (in other words, it looks really cool).
• Calls and messages can be made via Bluetooth (obviously ignore them when travelling at 120 kmph).
• Several riding modes, including "Hold My Helmet," Sport, and Eco.
• With GPS navigation on the screen, you can stop duct-taping your phone to the tank.
• Free electricity, also known as regenerative braking.
• Yes, your bike actually downloads updates via over-the-air software.

It's more like a "smartphone on steroids" than a "motorcycle."

Because Flying Off Corners Isn't Fun, Braking and Suspension

Dual-channel ABS disc brakes make sure you stop when you want to stop, not three feet later. The F77 has your back (and your bones) whether you're avoiding cows in town or leaning into corners on open roads thanks to the suspension's ability to balance city potholes and highway curves.

Prices are not low, but they also don't look this good.

The price ranges from about ₹3.80 lakh to ₹4.55 lakh. It is premium, indeed. Indeed, the price is higher than that of some people's first cars. However, you finance rather than argue when you're essentially purchasing the Tesla of two-wheelers. With EMI options starting at ₹8,000 to ₹10,000, you are essentially trading in your monthly pizza budget for a mobile spaceship. Is it worthwhile? Of course.

The F77—why?

Because it's a future flex, not just a bike. In addition to outrunning gasoline-powered motorcycles and saving the planet, you're also looking like a sci-fi hero.

For city dwellers, bikers, or anyone who wants to say, "Yes, I'm eco-friendly, but please don't blink while I overtake you," this is ideal.

Conclusion

The Ultraviolette F77 is not only the most cutting-edge electric motorcycle in India, but it also serves as a loud, silent reminder that the future has finally arrived. It is worth every rupee because of its futuristic appearance, insane performance, smartphone-like features, and Netflix marathon range.

The F77 is your vehicle if you want sustainability, speed, and style combined into one electric beast. Just be ready for random people to stop you at traffic lights and ask, "Bhai, yeh bike hai ya spaceship?" 🚀

Haryana restricted water supply after Atishi went on hunger strike, says Delhi minister.

Saurabh Bharadwaj, Delhi's health minister

Delhi Minister Saurabh Bharadwaj said that the Haryana administration has repeatedly lied and is lowering Delhi's share of water.

Saurabh Bharadwaj, an AAP politician and Delhi minister, alleged on Sunday that the BJP administration in Haryana has further decreased water supplies, even after Delhi Minister Atishi launched her indefinite hunger strike seeking Delhi's due share of water from the adjacent state.

Bharadwaj claimed that the Haryana BJP administration is always lying. "They're reducing water..."After Atishi sat in protest, Haryana lowered at least 17 MGD (million gallons per day) more water...so now Haryana is providing 117 MGD less," Bharadwaj told ANI.

The minister made a jab at the BJP, saying, "A place that talks about one nation, one election, one team, the national capital is being deprived of water by the BJP government in Haryana."

Meanwhile, Atishi's indefinite hunger strike in Delhi's Bhogal, near Jangpura, reached its third day on Sunday. The minister stated that Delhi is experiencing a severe water problem since the national capital lacks its own water supply and must rely on water from nearby states.

"Delhi's total water supply is 1005 MGD. Haryana accounts for 613 MGD (million gallons per day), however it has decreased over the previous three weeks. They are not providing water to Delhi," Atishi said in a video message posted on her social networking account X (previously Twitter).

Atishi went on to say that Delhi's water needs is 1,005 million gallons per day (MGD), with 613 MGD coming from nearby Haryana.

She said that for the past three weeks, Haryana had cut water supply to Delhi, delivering just 513 MGD. "1 MGD of water can serve 28,500 people so, if Haryana is sending 1000 MGD less water to Delhi, this is ultimately affecting around 28 lakh people," explained Atishi.

The minister said that there is adequate water in the HathniKund Barrage, but "the gate through which water is released for Delhi has been closed, and water is not being released from there."

Despite the water crisis in Delhi, residents continued to form enormous lines at water tanks to satisfy their daily needs. Tankers delivered water to residents of Geeta community and Chilla Gaon in Mayur Vihar.

Via ANI Reports

Who is Prajwal's brother Suraj Revanna, who has been detained for suspected 'unnatural offences'?

Suraj Revanna (L), Prajwal Revanna's brother, was detained on a charge of "unnatural offences".(X/@iSurajRevanna)

Suraj Revanna, the brother of suspended JD(S) MP Prajwal Revanna, was detained on sexual assault allegations on Sunday following a complaint from a party worker. Suraj Revanna was arrested a day after being charged under several sections of the IPC, including "unnatural offences," for allegedly sexually assaulting a 27-year-old man a few days prior.

The complainant claimed that Suraj Revanna sexually molested him at his farmhouse in Ghannikada on June 16, allegations that the JD(S) leader strongly denied. Instead, he accused the complainant of attempting to extort money from him by threatening to file a bogus sexual assault claim against him.

Suraj's assistant, HL Shivakumar, submitted a complaint alleging that the JD(S) worker requested ₹5 crore, which was eventually lowered to ₹2 lakh. Suraj's assistant said that the JD(S) worker met with Suraj six months ago and again in June, looking for work. Suraj stated that he cannot now assist the man in finding work, but may consider it in the future. The man then requested ₹5 crore.

"I completely reject these charges. They are involved in a political plot. An FIR has also been filed against the complainant. Let the truth out. "I believe in the law of the land," Suraj Revanna stated.

Who is Suraj Revanna?

Suraj Revanna, a member of Karnataka's legislative council (MLC), is the oldest son of Holenarasipur MLA HD Revanna and grandson of former Prime Minister HD Deve Gowda. The whole Revanna family has been mired in scandal after pen drives with recordings of Prajwal Revanna with several women were discovered in Hassan.

Prajwal Revanna was arrested by the SIT at Kempegowda International Airport in Bengaluru on May 31 after returning from Germany, where he had been holed up after rape and intimidation charges were filed against him.

H D Revanna and his wife Bhavani are free on bail. They have been accused of kidnapping and harbouring an alleged victim of their son Prajwal's sexual crimes.

Afternoon briefing: Students, parents protest government after NEET-PG postponed, ISRO completes testing of 'Pushpak', and more.

Lucknow, June 20 (ANI): Police detain supporters and students of the National Students' Union of India (NSUI) during a demonstration demanding the resignation of Union Education Minister Dharmendra Pradhan over an alleged paper leak in the UGC NET exam in Lucknow on Thursday. (ANI Photograph)(Naeem Ansari)

After the Centre announced the delay of the NEET-PG 2024 examination set for Sunday, various student bodies and doctor's groups expressed their dissatisfaction with the move, claiming that the country's education system had been "destroyed." They also sought a high-level investigation of the agency in charge of organising the NEET-UG and NEET-PG exams.

The Indian Space Research Organisation (ISRO) completed the third landing experiment of the Reusable Launch Vehicle (RLV LEX-03) dubbed 'Pushpak' on Sunday. According to a space agency release, the test took place at 07:30 IST at the Aeronautical Test Range (ATR) in Chitradurga, Karnataka.

Xiaomi 14 Civi With Snapdragon 8s Gen 3 SoC, Dual Selfie Shooters Launched in India: Price & Specifications

Xiaomi 14 Civi has 6.55-inch curved AMOLED display

Wednesday, June 12, saw the debut of Xiaomi 14 Civi in India, becoming the 14th device in the company's range. The new phone is similar to other Xiaomi 14 series phones in that it has three 50-megapixel back cameras under the Leica brand and runs on Qualcomm's Snapdragon 8s Gen 3 mobile chipset. A curved AMOLED display with a maximum brightness of 3,000 nits is a characteristic of the Xiaomi 14 Civi. A 4,700mAh battery that supports 67W cable rapid charging powers the device. Appearing to be a rebranded Xiaomi Civi 4 Pro, available only in China, is the handset.

Xiaomi 14 Civi price in India, availability

The 8GB + 256GB model of the Xiaomi 14 Civi is priced at Rs. 42,999. The cost of the 12GB + 512GB variant is Rs. 47,999. It will go on sale starting on June 20 at 12:00pm IST through Flipkart, Mi.com, Mi Home shops, and Xiaomi's retail partners. It is available in the following colour options: Cruise Blue, Matcha Green, and Shadow Black.

Today at 2:00 pm, buyers who reserve a phone in advance will be eligible to get a complimentary Redmi 3 Active. Customers of ICICI bank can receive a discount of Rs. 3,000 while using their cards to make purchases. Additionally, the Xiaomi 14 Civi includes 100GB of Google One for six months and a three-month premium YouTube subscription. 

Specifications of the Xiaomi 14 Civi

The two SIM cards The 6.55-inch 1.5K curved AMOLED display on the Xiaomi 14 Civi has a 120Hz refresh rate, 240Hz touch sampling rate, 446ppi pixel density, and a maximum brightness of 3,000 nits. It is powered by the HyperOS interface, which is based on Android 14. The screen is protected by Gorilla Glass Victus 2 and supports Dolby Vision and HDR10+. It is powered by a 4nm Snapdragon 8s Gen 3 SoC and has 512GB of UFS 4.0 storage in addition to up to 12GB of LPDDR5 RAM. It has an internal T1 signal augmentation chip to increase network coverage and download performance in congested areas. It provides a cooling technology called IceLoop, which is said to operate three times as effectively as traditional vapour cooling systems. 

Like the Xiaomi 14, the Xiaomi 14 Civi has a triple rear camera set with a Summilux lens that was co-engineered with Leica. It consists of a 50-megapixel telephoto camera with a 2x zoom, a 12-megapixel ultra-wide angle shooter with a 120-degree field of view, and a 50-megapixel Light Fusion 800 image sensor with optical image stabilisation (OIS), f/1.63 aperture, and 25mm equivalent focal length. It features two 32-megapixel selfie cameras on the front.

The Xiaomi 14 Civi has 5G, Wi-Fi 6, Bluetooth 5.4, GPS, Galileo, GLONASS, Beidou, NFC, and a USB Type-C connector as connectivity options. There are several sensors on board, including an IR blaster, proximity sensor, e-compass, accelerometer, and ambient light sensor. It has dual speakers that can handle Dolby Atmos. It supports a face unlock system powered by artificial intelligence and features an in-display fingerprint sensor for security.

A 4,700mAh battery that supports 67W cable charging powers the Xiaomi 14 Civi. After 30 minutes of charging, the battery is supposed to offer up to 80 percent of its capacity. The phone weighs 177 grammes and is 157.2 x 72.77 x 7.4 mm in size.

After serving six months in jail for a liquor policy case, AAP MP Sanjay Singh is granted bail.

New Delhi: On Tuesday, the Supreme Court granted bail to Sanjay Singh, the head of the Aam Aadmi Party, and asked the Enforcement Directorate, which had detained Mr. Singh, pointed questions, such as why he had been imprisoned for more than six months without being given a chance to defend himself or get back the ₹ 2 crore bribe that was allegedly paid.

The agency, claiming the party collected 600 crore in bribes, was told by the court that "nothing has been recovered... there is no trace (of money allegedly received by the AAP as bribes for allotting liquor licences to the 'South Group')".

The court then ordered Additional Solicitor General SV Raju to speak with the ED and determine if Mr. Singh's detention is now necessary. Following the Enforcement Directorate's declaration that it did not desire custody, Mr. Singh was freed.

"I am making this statement (not opposing bail) without going into the merits of the case and keeping all the rights and contentions open," said Mr. Raju.

The court had already noted that in his first comments, accused person Dinesh Arora—who later became a government witness or approver—had not implicated Mr. Singh. Based on comments made by Mr. Arora, who was granted release in August, Mr. Singh was taken into custody.

Since his arrest in October in connection with the alleged liquor policy fraud, which rocked the opposition party and resulted in the arrests of Mr Sisodia and Chief Minister Arvind Kejriwal weeks before the election, Sanjay Singh has been detained in Delhi's Tihar Jail.

Charges of money laundering related to the purported scheme led to Mr. Singh's detention.

His previous bail requests were denied, even by the Delhi High Court, which stated in February that there was "no ground" for release.

Then, the ED had contested the bail request, claiming that Mr. Singh had been involved in the acquisition, possession, concealment, disbursement, and use of criminal gains resulting from the purported liquor fraud.

Sanjay Singh of the AAP gets bail

After a panel of Justices Sanjiv Khanna, Dipankar Datta, and Prasanna B. Varale declared that Mr. Singh might be discharged while the trial was pending, such relief was ultimately provided this afternoon.

The trial court will determine the terms and circumstances of the release, according to the court. The fact that Mr. Singh is able to engage in political activities—that is, run for office and support the AAP, which may be shorthanded in well-known leaders in the run-up to the elections—is noteworthy, though.

He has been advised not to discuss the probe, though.

The court further declared that precedent in comparable circumstances could not be applied to the bail.

Atishi, a colleague and Delhi PWD Minister, expressed happiness at Mr. Singh's release by posting on X (formerly Twitter) with the message "satyameva jayate," or "the truth will win." Since Chief Minister Kejriwal's detention, Atishi has spearheaded the AAP's resistance and claims of innocence.

She asserted this morning that if she and the other four AAP leaders do not join the Bharatiya Janata Party, they will be arrested by central agents in relation to the alleged liquor policy scandal. The opposition has often charged the BJP with targeting opponents with the help of federal agencies, especially in the run-up to an election. Similarly consistently, the BJP has refuted the accusations.

What Is the Alleged Scam of Delhi Liquor Policy?

The Enforcement Directorate asserts that the now-repeated spirits policy gave retailers an unconscionably large profit margin of 185% and wholesalers a profit margin of 12%. Six percent of the latter, or more than ₹ 600 crore, were bribes, and it is said that the AAP utilised the funds to finance its election campaigns.

The ED labelled Chief Minister Kejriwal the "kingpin" of this purported fraud, and on March 21 he was taken into custody. Up to April 15, Mr. Kejriwal, who is still in charge of the Delhi administration, is being held in Tihar Jail.

FIIs may boost their position in equity markets in FY25; see top sectors and stock choices.

In FY25, FIIs could invest more in the equity markets; see top stocks and sectors for recommendations.

In FY24, global investors contributed Rs 2.08 lakh crore to the domestic equity market and Rs 1.21 lakh crore to the debt market.

Foreign institutional investors' (FIIs') inflows are anticipated to remain high in the fiscal year 2025 due to the economy's strong growth and the pace of profits development. Global investors had previously invested Rs 1.21 lakh crore in the loan market and Rs 2.08 lakh crore in the domestic stock market in FY24. As a consequence, the BSE Sensex, the benchmark stock index, increased by about 25% in the 12 months leading up to March 2024, while the BSE Midcap and BSE Smallcap, two broader indexes, increased by 63% and 60%, respectively.

In the meantime, domestic equities market foreign portfolio investment (FPI) holdings fell to a decadal low of 16.6% in 2023, mostly as a result of a selloff brought on by portfolio underperformance and an increase in US bond rates. Alchemy Capital Management's Head Quant and Portfolio Manager, Alok Agarwal, stated: "FPI inflows in FY24 remained robust, indicating continued foreign investor confidence in the Indian market, even with the decline." Furthermore, domestic mutual funds and direct retail investors have significantly increased their free float ownership of NSE-listed companies, thereby reducing the influence of FPI flows. This has helped to counterbalance the impact of FPI outflows. The rise of retail investors in the domestic stock market has also been instrumental in this regard.

According to him, India is one of the few major economies that has double-digit growth in nominal GDP, double-digit increase in corporate profitability, and double-digit return on equity. "We anticipate sustained strong foreign direct investment (FDI) flows and their subsequent escalation in their market share in India," stated Agarwal.

As of March 15, 2024, FIIs held assets in the Indian financial services industry valued at Rs 18.29 lakh crore. According to NSDL statistics, information technology came in second at Rs. 6.45 lakh crore, followed by oil, gas and consumable fuels at Rs. 5.80 lakh crore, automobiles and auto components at Rs. 4.39 lakh crore, FMCG at Rs. 4.11 lakh crore, healthcare at Rs. 3.62 lakh crore and capital goods at Rs. 2.85 lakh crore.

Geojit Financial Services' chief investment strategist, VK Vijayakumar

"The FPIs were compelled to remain buyers in India due to the robustness of the Indian stock market and the improving macroeconomic conditions in the country. It's likely that this tendency will continue.

"With a consistent flow from domestic institutional investors (DII) and now if steady FII participation resumes, there is potential for India to surpass a 20% weighting in the MSCI EM Index by the second half of 2024 itself," Nuvama Institutional Equities stated in expressing its opinion on the strong inflows of institutional investors.

As of December 2023, FIIs owned a 71.93% holding in CarTrade Tech and a 64.42% investment in Samhi Hotels, according to data provided by Ace Equity. Additionally, they owned 62.71% of Delhivery and 63.72% of Paytm. Additionally, more than 50% of shares in a number of other businesses, including 360 One Wam, Redington, Zomato, Axis Bank, Five-Star Business Finance, Shriram Finance, HDFC Bank, and Max Financial Services, were owned by foreign investors.

ED contacts Apple to get Arvind Kejriwal's iPhone while it is being held, but encounters a password issue: Report

Arvind Kejriwal, the Chief Minister of Delhi, departs at Rouse Avenue Court on Thursday in New Delhi, India.

Arvind Kejriwal's Arrest: According to sources familiar with the matter, Enforcement Directorate (ED) investigators, who have been holding Delhi Chief Minister Arvind Kejriwal in custody for more than a week, have contacted Apple for assistance in accessing his iPhone.

According to the source, ED has formally contacted Apple, the phone's maker, in an attempt to acquire access to Kejriwal's iPhone. However, they were told that a password was necessary to get any data.

Senior authorities involved in the probe claimed that during interrogation, the Chief Minister stated that accessing his phone data and chats would offer information about the Aam Aadmi Party's (AAP) "election strategy" and pre-election alliances.

According to reports, the ED has recovered no electronic evidence from the Chief Minister's personal laptops or PCs. However, they seized four cell phones, including his. On March 21, his arrest resulted in the discovery of roughly ₹70,000 at his apartment, which was not seized. Sources informed IE that the Chief Minister had turned off his iPhone and had not divulged his password.

The Chief Minister informed the ED that he had been using the same phone for almost a year and that the device he used to create the liquor policy in 2020-2021 was no longer in his possession.

Earlier on Saturday, the ED quizzed Delhi minister Kailash Gahlot for around five hours and recorded his testimony in connection with a money-laundering inquiry into the AAP government's now-abolished excise policy.

Gahlot, 49, is an AAP politician and Najafgarh MLA who works as the minister for transport, home, and law in the Delhi government under Chief Minister Arvind Kejriwal, who has been detained in connection with the case by the federal agency.

According to reports, Gahlot was questioned about the formation of the excise policy for 2021-22 while serving in the Group of Ministers (GoM) alongside former deputy chief minister Manish Sisodia and former urban development minister Satyendar Jain.

Gahlot said he was summoned by the ED for interrogation in the matter because "probably I was part of the GoM..." It (the inquiry) included all areas of the policy, and I responded to the best of my knowledge and recall," PTI said.

The excise case includes alleged corruption and money laundering in the drafting and implementation of the Delhi government's tax policy for 2021-22, which was later revoked.

Following a suggestion by Delhi Lieutenant Governor V K Saxena, the Central Bureau of Investigation (CBI) was charged with looking into the alleged anomalies in the formulation and implementation of the liquor policy. The ED filed a complaint under the Prevention of Money Laundering Act.

Previously, the ED seized AAP leaders Sisodia and Sanjay Singh in connection with the investigation, and they are now in judicial custody.

The Aam Aadmi Party and its officials have continually denied claims of impropriety, with Kejriwal claiming that the case was staged by the BJP-led Centre to depict AAP as corrupt.

Income Tax FY-2025: How to Switch Between New and Old Tax Regimes

Until FY 2019-20 (which concluded on March 31, 2020), there was just one tax system with four tax slabs and rates. The New Tax Regime was implemented in 2020.

Income Tax 2024-25: During the Union Budget hearings for fiscal year 2023-24, Finance Minister Nirmala Sitharaman stated that the new tax structure will be implemented as the default regime. This new tax policy went into effect in 2020. The current laws provide that if taxpayers fail to disclose their choice with their employer, deductions will be handled in accordance with the New Tax Regime.

Union Finance Minister Sitharaman emphasised in her speech on Budget recommendations for Fiscal Year 2023-24 that one of the primary goals of the new income tax system is to give individuals more control over their financial management. Rather than using government incentives or punishments to compel decisions, taxpayers are given significant leeway in deciding how to spend their money. 

Nonetheless, taxpayers who choose to cling to old taxation rules have been granted flexibility by measures in Budget 2023, which allow them to switch between old and new regimes. The frequency with which such transitions occur, however, is dependent on certain forms of income.

Salaried Individual

A salaried individual has the ability to choose between the new and old tax regimes many times during the fiscal year. The new tax system provides fewer tax deductions and exemptions than the previous tax regime, which allowed for different deductions from taxable income under Chapter VI A. Section 80C is a well-known and widely applied deduction. 

Profits from business or profession

Individuals who earn a living from their company or profession, on the other hand, can only make one decision. For example, if a person with business income moves from the old to the new system in FY 2023, they will be ineligible to transfer again. Individuals with company income who opt out of the new tax regime will be unable to opt back in in the future.

How can I switch while submitting an ITR?

The Central Board of Direct Taxes (CBDT) recently issued two new income tax return forms for the Assessment Year 2024-25: ITR-1 (SAHAJ) and ITR-4 (SUGAM). ITR Form 1 now contains the option to pick a tax regime. To opt out of the new tax regime, ITR 4 taxpayers (individuals with business or professional income) must complete form 10-IEA.


Previously, people had to complete Form 10-IE to select the new tax regime. However, Form 10-IE, which allowed people to opt into the new tax system, has been terminated. This amendment attempts to make the new tax regime the default setting beginning in the fiscal year 2023-24. As a result, unless people take particular steps to opt out of the new tax scheme, it will apply automatically.

Old vs. New Tax Regime

Individuals can take advantage of a variety of tax breaks and deductions under the previous tax system. Exemptions and deductions often claimed include home rent allowance (HRA), leave travel allowance (LTA), and deductions under Sections 80C, 80D, 80CCD(1b), 80CCD(2), and more.

New Tax Regime

The exclusions and deductions provided under the Old Regime do not apply to the New Regime. If the taxable income (after all deductions) under the prior regime was less than Rs 5 lakh, the person did not have to pay any tax. 

If your taxable income is less than Rs 7 lakh, the full amount would be tax-free under the new regime.

• Income up to Rs 3 lakh is tax-free.
• Income between Rs 3 lakh and Rs 6 lakh is taxed at 5%.
• Over Rs 6 lakh to Rs 9 lakh, it is 10%.
• Over Rs 9 lakh to Rs 12 lakh, it's 15%.
• Over Rs.12 lakh to Rs.15 lakh, it is 20%.
• Above Rs 15 lakh, it's 30%.

Old Tax Regime

• Income Tax Slabs (Rs) Income Tax Rates (%)
• From 0 to 2,50,000: 0%
• From 2,50,001 to 5,00,000 5%.
• From 5,000,001 to 10,000,000, 20%
• From 10,000,001 and above 30% 

In an I-T notice, Karnataka deputy chief minister DK Shivakumar claims the BJP is targeting him politically.

DK Shivakumar

NEW DELHI: DK Shivakumar, the head of the state Congress and deputy chief minister of Karnataka, has claimed to have received an income tax notice on Friday night.

The notification, Shivakumar said, related to a matter that had already been resolved.

 
In an interview with the media on the IT alerts to Congress, he revealed this.

"This is a democratic nation.

A law is in place. This type of action and direction to officials is coming from the BJP administration "Sivakumar remarked.

He declared that the NDA will be defeated by the INDIA bloc, which is why they are inciting panic among the opposition. "They are targeting the opposition, which means they are afraid of the Congress and the INDIA Alliance.

"The NDA will be vanquished by the INDIA Alliance. The BJP is aware of this vulnerability. They are aware that they won't win the election. That's why they're attempting to instill terror. I also received a notification from IT last night regarding an issue that has already been resolved," he continued.

Arvind Kejriwal News LIVE: AAP Pioneers Repeat Delhi CM's Charge on ED, Say 'His Capture is Based on As it were 4 Statements'

Arvind Kejriwal News LIVE: Keep up with real-time upgrades on the lawful procedures including Delhi Chief Serve Arvind Kejriwal and his guardianship expansions in the midst of charges related to the extract approach case and alcohol trick

Arvind Kejriwal News LIVE: Inconvenience proceeds for Aam Aadmi Party (AAP) supremo Arvind Kejriwal as a new Open Intrigued Case (PIL) has been recorded in the Delhi Tall Court looking for his expulsion from the post of Chief Serve. The appeal, recorded by Hindu Sena President, Vishnu Gupta, says that the circumstance after Kejriwal’s later capture by the Authorization Directorate (ED) in association with the cash washing case related to the affirmed extract approach trick constitutes a breach of sacred believe ordered by the Constitution.

Kejriwal’s ED guardianship was amplified till April 1 by a Delhi court on Thursday, as it held that there were “sufficient reasons”. The tall court on Thursday too rejected a comparable PIL looking for Kejriwal’s evacuation as the Chief Serve, saying there is no scope for legal obstructions, and that it is for the other wing of the government to look at the same in understanding with the law.

Gupta’s appeal, in any case, contends that beneath Article 164 of the Structure, a Chief Minister’s rejection is justified if they act in a way that undermines the run the show of law or breaches sacred believe. It charges that since Kejriwal’s capture, the government of the National Capital Domain of Delhi has fizzled to gather cabinet gatherings, subsequently disturbing the sacred system and ruining the working of administration. The core of the PIL spins around whether the Representative has the watchfulness to reject a Chief Serve in an exceptional circumstance such as capture, given the Constitution’s quiet on the matter.

ADR files a Supreme Court case in the Election Bonds case after SBI fails to provide data by March 6.

On March 7, attorney Prashant Bhushan requested an expedited hearing for a contempt case brought by ADR against the SBI for allegedly failing to comply with the Supreme Court's directive to reveal election bond data. On March 11, the matter will be heard by the Supreme Court.

SBI has asked the Supreme Court for an extension to give the Election Commission with the necessary information on electoral bonds.

On Walk 7, the Alliance for Lion's share Run the show Changes (ADR) recorded a abhor request with the Preeminent Court, citing the State Bank of India's disappointment to provide information on constituent bonds by the court-imposed due date of Walk 6.

The ADR's offer claimed that the SBI harmed the Preeminent Court's orders. The race watch canine, ADR, is the fundamental specialist in the optional bonds lawsuit.

On February 15, the Preeminent Court struck down the Appointive Bonds program. A five-judge board comprising Chief Value of India DY Chandrachud, Judges Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra issued a reliable decision.

The request recorded on Walk 7 additionally verified that, in spite of the openness of data, the SBI failed to act as instructing by the court and inquired that the SBI allow bond data.

As of Walk 6, the State Bank of India had not released information on constituent bonds encashed by political parties, in this way coming up brief to meet the Preeminent Court deadline.

According to genuine news location LiveLaw, advocate Prashant Bhushan inquired for a incite hearing on Walk 7 for ADR's disdain suit against the SBI for claimed noncompliance with the Preeminent Court's heading to reveal information of appointive bonds.

The ask states that SBI has willfully and deliberately overlooked the regulating made by the Structure Situate of this Hon'ble Court, which willfully undermines the Hon'ble Court's master in extension to nullifying individuals' rights to information.

On Walk 11, the case will be considered by the Preeminent Court, which will additionally consider the bank's inquire for an extension of time.

The Race Commission had been asked by the court to get data on appointive bonds from the SBI by Walk 6. The SBI had recorded a development with the Preeminent Court on Walk 4 to grow until June 30 the due date for divulging information on each optional bond that the political parties had recuperated. The SBI application that was submitted to the Unique Court said that the handle of planning information from one storage facility to another and recouping data from "each storage facility" was a troublesome task.

Electoral Bonds were a money related instrument that was displayed in 2017 that enabled individuals and corporate substances to namelessly give an boundless whole of cash to political parties.

Sections 80GG and 80GGB of the Wage Charge Act of 1961 allowed for charge special cases on race bonds issued by individuals or businesses.