Author: ONS Editor
If you are contemplating investing in either fixed deposit (FD) or a small savings scheme, then it is advisable to compare their returns along with other benefits they offer.Typically, a fixed deposit (FD) offers anywhere between 6.7 to 7 percent per annum to depositors whereas other tax saving schemes offer slightly higher.For instance, PPF offers 7.1 percent per annum, as per the prevailing interest rates. On Senior Citizens Savings Scheme, depositors are entitled to receive 8.2 per cent per annum. On Sukanya Samriddhi Account, one can earn up to 8.2 percent a year, there is 7.7 percent return on National Savings…
With a flurry of news coming in throughout the week it can become tough to gauge the noise from the actual updates. In order to declutter the space we have compiled the Weekly Tech Recap, where we take a look at the top 5 news stories of the week. This week, Apple launched its iPhone 16e, Elon Musk launched the Grok 3 AI model which later turned on him (more on this in a bit) and OpenAI banned some Chinese accounts owing to fear of surveillance. Top tech news of the week:1) Elon Musk’s Grok 3 AI turns on him: Elon Musk…
ICC Champion’s Trophy 2025: It has been just a few days that the much anticipated ICC Champion’s Trophy 2025 kickstarted, but the Pakistan Cricket Board (PCB), and the International Cricket Council (ICC) are already at loggerheads.Just days after the PCB raised a complaint with the ICC over a broadcasting error during India’s opening game against Bangladesh in Dubai, they were left embarrassed when India’s national anthem played for a fraction of a second at the start of the Australia-England Champions Trophy match in Gaddafi Stadium, Lahore.But why was India’s national anthem played at the Pakistan stadium? What is the controversy…
Microsoft CEO Satya Nadella in a recent interview revealed that his company completely missed out on leveraging the popularity of ‘search’ on the web, saying that he had learned a lesson in that after Google capitalised on it.Reflecting on past tech shifts, the rise of artificial intelligence and how companies must explore the changes to stay ahead, Nadella admitted that Microsoft had missed the “biggest business model on web”. He acknowledged that the company did not see it coming.“We missed what turned out to be the biggest business model on the web, because we all assumed the web is going…
IND vs PAK, Champions Trophy 2025: Amid the high intensity match between India and Pakistan underway at Dubai during the ICC Champions Trophy 2025 on Sunday, with Pakistan batting first, India’s star pacer Mohammed Shami appeared to be struggling with calf muscle.Mohammed Shami seemed to have some pain in his ankle region during his spell. Following this, the physio arrived to attend the ground. After he was checked, he went to the pavilion for further checking. Hardik Pandya has replaced Shami and gave India the required breakthrough of Babar Azam.Pakistan are at 41/1 in 8.2 overs. India vs Pakistan playing XIs: INDIA:…
Fans of Constantine may finally get the long-awaited sequel, as Keanu Reeves recently revealed that the project has taken a significant step forward. The actor, known for his roles in ‘John Wick’ and ‘The Matrix,’ shared in an interview with Inverse that he and director Francis Lawrence have been working on the idea for years.Reeves revealed that the studio gave them the green light to move forward with the process, allowing them to begin working on the script.While the actor remained secretive about specific plot details, he confirmed that the new film would take place in the same world as…
When preparing children for life, financial literacy is often neglected, though it plays a crucial role in shaping their future success and well-being. Instilling financial knowledge and responsibilities from an early age fosters independence, confidence and resilience. Parents, as primary influencers, have a profound impact on their children’s financial attitudes. However, it is essential to guide them without unintentionally passing down limiting money scripts — deep-seated beliefs about money that can be detrimental. Decoding money scripts: The unseen financial blueprintsMoney scripts are unconscious beliefs about money, often rooted in childhood experiences and family dynamics. Financial Psychologists Brad Klontz and Ted…
Tabu and actor Mark Strong, who shared the screen in ‘Dune: Prophecy,’ recently had a heartwarming reunion in Mumbai. The duo who played love interests in the sci-fi series, delighted fans by sharing glimpses of their meeting on social media. Their chemistry, both on and off-screen, has captivated audiences, making their latest reunion the talk of the town.In the series, Mark played Javicco Corrino while Tabu played the role of Sister Francesca. For their dinner date, the actors looked elegant as they posed together at their table. Tabu stunned in a cream blazer paired with matching trousers, while Mark opted…
India and Pakistan will face each other in their second Champions Trophy match at the Dubai International Stadium today. The Men in Blue won their last match against Bangladesh by 6 wickets, while Pakistan suffered a devastating 60-run defeat at the hands of New Zealand.While Pakistan and India are one of cricket’s greatest rivalries, former cricketer Sanjay Manjrekar claims that the arch-rivals are “nowhere near India’s league” at this stage. Manjrekar also noted that India have better middle-over bowling than Pakistan, who have only one specialist spinner in Abrar Ahmed.Notably, the Dubai pitch had favoured the quicker bowlers in the…
I have sold a plot of land for ₹67 lakh. After indexation, the taxable long-term capital is around Rs35.40 Lakh. If I invest the long-term capital gains of Rs35.40 lakh in a residential flat, I understand that I do not have to pay any tax due to the exemption available under Section 54F. If the amount of investment in the flat is 25 lakh instead of ₹35.40 lakh, what would be the quantum of exemption available in this case? I have utilized part of the sale proceeds from the plot. I have taken a home loan to make up for…