Big oil shock for Europe: 'No crude next month', Saudi Aramco tells some refiners

At JD(U) orientation, the message as Nitish Kumar’s son takes stage

BCCI arranges separate lodging for Indian men's cricket team at Asian Games

The BCCI has booked separate accommodation for the Indian men's cricket team ahead of their participation in the Asian Games. BCCI official Saikia confirmed the decision, signaling the board's intent to ensure comfortable arrangements for the squad. Despite reports of other Asian cricket boards raising concerns over the quality of match venues, Saikia expressed confidence in the local organising committee's ability to deliver adequate on-ground facilities. The BCCI's move reflects its standard practice of securing independent lodging for the national men's side at major multi-sport events.

India's Tier-2 Cities Record Housing Price Growth Double That of Top 8 Markets

Residential property prices in eleven emerging Tier-2 Indian cities have grown at nearly twice the pace of the country's top eight real estate markets, according to a new report. Improved infrastructure and rising consumer spending are cited as key drivers behind the accelerated price appreciation in these smaller cities. Commercial activity is also picking up across these developing urban centres, further boosting their real estate appeal. Tier-2 and Tier-3 cities are increasingly being seen as the next major frontier for India's property sector growth.

ITAT grants full relief to taxpayer who mistakenly declared EPF amount in ITR

An Income Tax Appellate Tribunal (ITAT) has granted complete relief to a taxpayer who had incorrectly reported Rs 9.6 lakh as EPF income in his Income Tax Return. Tax authorities had added the amount to his taxable income based on the ITR entry, leading to a dispute. The tribunal ruled that the addition was unjustified as there was no evidence the taxpayer had actually received or withdrawn the amount from his EPF account. It was also noted that no corresponding credit for the sum appeared in the taxpayer's bank account. The ruling underscores that a mere erroneous ITR entry cannot be treated as proof of actual income received.