USES OF PER CAPITA INCOME
Trump's $2000 Tariff Dividend announcement: Who is eligible and when will Americans receive their checks?
Tariff Dividend: U.S. President Donald Trump on Sunday announced plans to issue a $2,000 “tariff dividend” that will be distributed directly to the majority of American citizens.
Trump’s $2000 payment explained: Can tariffs fund the next stimulus checks and pay down US debt in 2025
Trump's $ 2000 dividend: US President Donald Trump is proposing to send Americans rebate checks. These payments would be funded by revenue collected from import tariffs. Trump suggests a dividend of at least $2000 per person for low and middle-income individuals. This plan aims to address affordability challenges. Details on eligibility and timing are still unclear.
PM Modi’s Bhutan Visit: Honouring the Fourth King and strengthening a timeless partnership
In a historic gesture, Prime Minister Narendra Modi travels to Bhutan to celebrate the 70th birth anniversary of the Fourth King. This moment highlights the exceptional camaraderie shared between India and Bhutan, two nations exemplifying progress and cooperation. The inauguration of a new hydroelectric project will further strengthen their economic ties, showcasing connectivity as a cornerstone of their partnership.
NFO Alert: Bandhan Mutual Fund launches Bandhan Healthcare Fund
Bandhan Mutual Fund has launched the Bandhan Healthcare Fund, an open-ended equity scheme investing across healthcare, pharma, and allied services. The NFO is open until November 24 and aims to capture long-term growth opportunities in India’s expanding healthcare ecosystem through a diversified, bottom-up investment approach.
How Bonds Are a Great Way to Generate Passive Income
In an era of career uncertainty, relying on a single paycheck is risky. Bonds are emerging as a preferred asset class for passive income in India, offering predictable 10-14% annual returns. This provides a steady cash flow, much like a secondary salary, ensuring financial stability and security for investors across all life stages.
Stimulus check: IRS direct deposit payment coming in November? All you need to know
Stimulus check latest update: IRS official earlier said that taxpayers will not receive new stimulus checks of any amount this summer.
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US citizens to receive $2000 tariff dividend check in November? Check eligibility and other key criteria
President Donald Trump announced on Truth Social that each American, excluding high-income individuals, will receive at least a $2,000 dividend from tariff revenue. This proposal, aimed at benefiting citizens and paying down national debt, would require Congressional approval. Senator Josh Hawley previously introduced similar legislation for tariff rebates. But it is also not clear yet who will be eligible to get these checks.
Foreign tourist arrivals in India likely to reach near pre-pandemic levels this year
According to the tourism ministry, 9.95 million foreign tourists arrived in India last year, a 4.5% growth from over 9.52 million in 2023, but trailing the pre-pandemic numbers of 10.9 million.
Millions of US citizens to receive stimulus payment before Thanksgiving 2025: Check amount, date, eligibility and more
Residents of California will receive stimulus payment before Thanksgiving in November. California's Family First Economic Support Pilot Program is providing $725 monthly to 200 low-income families with young children for 12 months. This initiative aims to reduce poverty and enhance household stability, with early findings indicating positive impacts on financial security and independence. No fourth federal stimulus check is currently planned.
Adani Power quoted tariffs lower than Torrent, JSW to win Bihar's 2,400 MW Bhagalpur project tender
Adani Power secured Bihar's 2,400 MW Bhagalpur power project. The company offered the lowest tariff of Rs 6.075 per kWh in a competitive bidding process. This project is set to boost industrial activity and create jobs in Bihar. The state government highlighted the tariff's competitiveness. Adani's investment is expected to drive development.
Quick commerce to stay competitive, food delivery remains profit engine: Bernstein Research
Quick commerce in India is set for intense competition, with food delivery remaining the primary profit driver for online platforms. While quick commerce targets convenience-seeking urban consumers, food delivery growth has slowed, necessitating innovation for sustained expansion. Companies must capture a larger share of wallet from premium consumers by expanding offerings beyond current segments.
India stands at pivotal juncture as policy choices to shape next two decades: DBS report
DBS Group Research’s report “India 2025-40 Outlook: Pivotal Juncture” says India’s growth path will depend on policy reforms, human capital, and investments. It projects 6.7% annual growth till 2040, with GDP crossing USD 11 trillion and rising service exports.
Received income tax notice despite being a salaried taxpayer? Don’t panic; here’s how you can respond
Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From understanding why, you received a notice to responding correctly within deadlines, this guide breaks down everything salaried professionals need to know about handling tax department communications.
Think you are ready to retire? Here’s the average income most Americans live on
Many Americans are finding it harder to retire because of high prices and living costs. Social Security payments are often not enough, so people are looking for other income options. Some invest in gold, real estate, or savings apps to grow their money and plan better for the future.
All eyes on Bihar as state vote becomes barometer of political promises
As the polls open in Bihar, a crucial election is underway, with voters taking to the streets to cast their ballots. Central to the campaign are pressing concerns like employment opportunities and welfare initiatives. It will be crucial to see if the political promises yield results for the parties and if that becomes a template for other elections in India.
Nitish Kumar: How Bihar 'changed' or 'not' under ‘Sushasan Babu’s’ two-decade rule
Bihar gears up for crucial assembly elections on November 6 and 11, 2025. Chief Minister Nitish Kumar faces a significant challenge. Rising crime rates and economic disparities are key concerns. Despite past development gains, unemployment and migration persist. The upcoming polls will determine the state's future direction.
Govt to soon come out with sustainable aviation fuel policy, says Rammohan Naidu
A new Sustainable Aviation Fuel (SAF) policy is imminent, aiming to boost farmers' incomes and create green jobs while reducing crude oil imports. India targets significant SAF blending by 2030, leveraging abundant biomass and agricultural residue. This initiative promises to balance aviation growth with sustainability goals.
Bihar Elections 2025: Jobs, welfare, women, & growth power NDA, Mahagathbandhan's fight for state's future
Bihar Election Manifesto Comparison: Bihar's elections present a stark choice for its future. The Mahagathbandhan promises state-led job creation and welfare. The NDA champions private investment and entrepreneurship. Both alliances offer distinct visions for development, employment, and women's empowerment. Voters will decide which path leads to prosperity for Bihar's citizens.
Mindspace REIT Q2 operating income rises 26% on strong leasing
Mindspace Business Parks REIT reported a significant 25.8% year-on-year increase in net operating income to Rs 634 crore for the September quarter, driven by strong leasing and stable occupancy. Revenue from operations grew 24.8% to Rs 778 crore, with distribution rising 16.3% to Rs 355 crore, resulting in a DPU of Rs 5.83.
Guarantee schemes have led to higher GST collections for Karnataka, says Chief Minister Siddaramaiah
Karnataka's GST collections have surged due to increased public spending power fueled by welfare guarantee schemes. Chief Minister Siddaramaiah stated these programs have stimulated local demand and reduced rural unemployment. The state recorded a 10% jump in GST collections in October. He also highlighted the positive impact on women's workforce participation and savings.
PAN-Aadhaar linking: Why your PAN card can become inoperative from January 1, 2026 if you fail to link it with Aadhaar
Linking your PAN with Aadhaar by December 31, 2025, is crucial to avoid deactivation from January 1, 2026. Failure to link will render your PAN inoperative, preventing ITR filing, refunds, and potentially impacting salary credits and investments. The process can be completed online via the Income Tax Department portal.
Global emissions hit record high in 2024; India saw biggest rise: UNEP report
Global greenhouse gas emissions hit a record high in 2024. India and China saw the biggest jumps. This trend means more climate risks ahead. Average temperatures are projected to rise significantly. Countries are not meeting their climate goals. Stronger action is urgently needed to avoid severe consequences.
Uttarakhand formally acknowledges contribution of RSS
Uttarakhand's Assembly recognized the Rashtriya Swayamsevak Sangh's role in national consciousness. Chief Minister Pushkar Singh Dhami detailed the state's progress since its formation. He highlighted economic growth, improved employment, and development initiatives. The state aims to become the nation's best. Investments are flowing in. Uttarakhand has overcome challenges and looks towards a bright future.
India’s top 1% grew wealth share by 62% between 2000 and 2023, says G20 inequality report
India's wealthiest 1% saw their wealth share surge by 62% from 2000 to 2023. This trend mirrors global patterns where wealth concentration is increasing. A new report highlights extreme inequality as a choice, not an inevitability. It calls for global coordination and proposes an International Panel on Inequality to guide policy.
India's top 1% grew its wealth by 62% since 2000: G20 report
India's wealthiest 1 percent saw their wealth surge by 62 percent between 2000 and 2023. A new report warns global inequality is at emergency levels, threatening democracy and economic stability. The richest globally captured 41 percent of new wealth, while the bottom half received only 1 percent.
Consumption gap seen across UP districts: Report
A new study uncovers significant variations in spending habits throughout Uttar Pradesh's districts. Shrawasti and Gautam Buddha Nagar lead the way in monthly per capita consumption expenditure in rural areas, while Mirzapur and Chandauli remain at the lower end of the spectrum. Urban districts mirror this trend, with Gautam Buddha Nagar shining brightly and Ghazipur trailing behind.
Financial distress drives Delhi suicides; over half of victims in 2023 earned less than Rs 1 lakh annually
Financial distress is a significant factor in suicides in Delhi, with over half of victims in 2023 earning less than Rs 1 lakh annually. This pattern, consistent with previous years, highlights the emotional toll of economic hardship, impacting individuals across social classes and trapping vulnerable populations in difficult situations.
India’s annual toll collection may double to Rs 1.4 lakh crore in two years: Nitin Gadkari
India's toll collection is set to more than double in the next two years, reaching ₹1,40,000 crore. This significant increase is driven by the government's ambitious plan to build world-class road infrastructure. Road transport minister Nitin Gadkari outlined a roadmap for safe, sustainable, and economically viable roads.
India’s toll revenue to be Rs 1.4 lakh crore in two years: Nitin Gadkari
India's toll collection is projected to surge past Rs 1.4 lakh crore in two years, fueled by ambitious plans for world-class road infrastructure. Minister Nitin Gadkari revealed a roadmap emphasizing safety, sustainability, and economic viability, including using segregated waste in road construction and promoting alternate fuel equipment. Strict action is promised against faulty road construction and maintenance.
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