World

The US House of Representatives is understood to have passed the ‘One Big, Beautiful Bill Act’ — a sprawling tax and spending package that reflects President Donald Trump’s economic vision. Source

Indian border troops thwarted an infiltration bid in Jammu and Kashmir’s Samba shortly before midnight on May 8. A least seven terrorists were killed by India’s Border Security Forces while they were attempting to cross the international border, media reports citing official said. The infiltration bid was allegedly supported by fire from the Pakistan Army…

Income tax return: As filing season picks up, taxpayers should watch out for common errors. These can lead to delays, notices, or rejection of returns. Source

India repels Pakistan’s attacks in Jammu, Punjab, and Rajasthan with S-400 system, retaliates with drone strikes on Islamabad, Lahore, and Rawalpindi. Source

Open-ended “other schemes”—which include index funds, exchange-traded funds (ETFs), and funds of funds (FoFs) investing overseas—recorded the highest YoY AUM growth of 23.80% in April 2025. Source

Defence sources reveal Pakistan’s drone and missile attacks on India may have been a distraction for terrorist infiltration in Kashmir. Source

Investing wisely is the cornerstone of building a secure financial future. Among the many investment avenues available, the Systematic Investment Plan (SIP) in mutual funds stands out as a simple yet powerful tool for both new and seasoned investors. Source

Across India’s cities, diners are becoming deliberate about where their money goes, and restaurants are responding with a mix of loyalty perks, experiences, and emotional storytelling. Source

The religious corridor has remained shut since May 7, when India’s armed forces launched Operation Sindoor Source

If enacted, the 3.5% excise tax on remittances could significantly impact India. The country receives around $25 billion in remittances from the US every year. Source