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Switzerland scraps MFN status to India, dividend income to face higher tax

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Switzerland scraps MFN status to India, dividend income to face higher tax

In a statement, Switzerland announced suspension of the application of the most favoured nation (MFN) clause of the protocol to the agreement between the Swiss Confederation and the Republic of India for the avoidance of double taxation with respect to taxes on income. File | Photo Credit: Reuters Switzerland has withdrawn the Most Favored Nation…

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Business

President-Elect Trump Has Kept Up With Candidate Trump

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President-Elect Trump Has Kept Up With Candidate Trump

US President-elect Donald Trump has been named Time magazine’s ‘Person of the Year,’ underscoring the continuing centrality of his personality in shaping US politics and global discourse. This was the second time he got this recognition. It was inevitable, of course, given the nature of his victory in the November Presidential elections. The liberal media…

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Nation

President-Elect Trump Has Kept Up With Candidate Trump

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President-Elect Trump Has Kept Up With Candidate Trump

US President-elect Donald Trump has been named Time magazine’s ‘Person of the Year,’ underscoring the continuing centrality of his personality in shaping US politics and global discourse. This was the second time he got this recognition. It was inevitable, of course, given the nature of his victory in the November Presidential elections. The liberal media…

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World

West Indies Star Evin Lewis Suffers Big Blow To Lower Abdomen, Teammate Can’t Stop Laughing. Watch

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West Indies Star Evin Lewis Suffers Big Blow To Lower Abdomen, Teammate Can’t Stop Laughing. Watch

West Indies opening batter Evin Lewis endured a rather painful moment during his team’s second ODI against Bangladesh, much to the amusement of both his own teammates and the opposition. Facing Bangladesh quick Nahid Rana, one ball hit Lewis flush in the lower abdomen region, causing the batter to go down in pain….

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Sports

Back trouble and brain fog bothered suspect in UnitedHealthcare CEO killing, his posts show

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Back trouble and brain fog bothered suspect in UnitedHealthcare CEO killing, his posts show

Luigi Mangione, 26, a suspect in the New York City killing of UnitedHealth executive Brian Thompson, poses for a booking photograph at State Correctional Institution (SCI) Huntingdon in Huntingdon, Pennsylvania, U.S. December 9, 2024. File | Photo Credit: PA Department of Corrections After Luigi Mangione made the difficult decision to undergo spinal surgery last year…

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World

Rupee recovers 10 paise to end at 84.78 against U.S. dollar

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Rupee recovers 10 paise to end at 84.78 against U.S. dollar

Image used for representational purposes. File | Photo Credit: The Hindu The rupee rebounded from its all-time low level and settled with a gain of 10 paise at 84.78 (provisional) against the U.S. dollar on Friday (December 13, 2024), buoyed by a strong recovery in domestic equity markets and easing inflation data. However, a…

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Business

SEBI proposes retail investors participate in algo trading

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SEBI proposes retail investors participate in algo trading

In 2008, the SEBI had introduced algorithmic trading which provided facilities like faster order execution, reduced transaction costs and greater transparency. File | Photo Credit: Reuters Securities and Exchange Board of India (SEBI) on Friday (December 13, 2024) proposed a framework to allow retail investors to participate in algorithmic trading through stock brokers. In 2008,…

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Business

SpiceJet says cleared ₹160 crore worth pending employee provident fund dues

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SpiceJet says cleared ₹160 crore worth pending employee provident fund dues

Spicejet plane. File | Photo Credit: PTI SpiceJet on FridayOn Friday (December 13, 2024), SpiceJet said it cleared all employee provident fund (PF) dues worth ₹160.07 crore that were pending for over two years. The low-cost carrier, which has been facing multiple headwinds, recently raised ₹3,000 crore, following which it has been clearing statutory,…

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Business

Kremlin praises Trump’s criticism of Ukrainian strikes deep into Russia

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Kremlin praises Trump’s criticism of Ukrainian strikes deep into Russia

Kremlin praised U.S. President-elect Donald Trump’s criticism of Ukrainian strikes with U.S. missiles deep into Russian territory. File | Photo Credit: Reuters The Kremlin on Friday (December 13, 2024) praised U.S. President-elect Donald Trump’s criticism of Ukrainian strikes with U.S. missiles deep into Russian territory and said the position was fully in line with Moscow’s…

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World