Easing retail inflation, uptick in factory output give breather to economy

Tesla investors reacted positively after CEO Elon Musk announced he would redirect his focus back to the company, following a significant profit drop and revenue decline. Musk stated he would spend more time on Tesla starting in May, which contributed to an 8% surge in shares, despite the company reporting a 71% profit decline and a 9% revenue drop in the first quarter. While analysts noted the urgency of Musk's commitment, they expressed concerns over...

Delhi High Court Directs Revision of CLAT 2025 Results The Delhi High Court has ordered the Consortium of National Law Universities (NLUs) to revise the CLAT 2025 results for undergraduate courses due to errors identified in four questions. The court has mandated that a revised final list of selected candidates be published within four weeks. This decision underscores the importance of accuracy in the examination process and ensures fairness for all candidates involved. Full Article

The Trump administration has reinstated the SEVIS records of 133 students, including many Indians, following a US district court ruling that mandated the Department of Homeland Security (DHS) to restore their records retroactively to March 31, 2025. Charles Kuck, representing the students, confirmed their reinstatement, allowing them to continue studying or working under the optional practical training (OPT) program, while the next hearing is scheduled soon. Despite some visa revocations, the plaintiffs argue that SEVIS...

IPL 2025: Trent Boult's four-fer cripples Hyderabad; Rohit Sharma leads Mumbai to another victoryTrent Boult showcased an exceptional bowling performance, taking 4 wickets for 26 runs, as Mumbai Indians defeated Sunrisers Hyderabad by seven wickets in the IPL 2025 match at Rajiv Gandhi International Stadium. Despite a resilient 71-run innings from Heinrich Klaasen, SRH could only manage 143 runs, leaving MI comfortably chase the target, led by Rohit Sharma's quick 70 runs off 46 balls....

Luxury Goods Attract 1% TCS Handbags, wrist watches, footwear, and sportswear priced above Rs 10 lakh will now incur a 1% tax collected at source (TCS), as detailed in an April 22, 2025 notification by the income tax department. This measure, introduced through the Finance Act 2024, aims to enhance transparency in high-value purchases, requiring PAN details at the time of sale, while the TCS paid can be credited against the buyer's final tax liability....

Odisha native Prasant Kumar Satpathy BHUBANESWAR: Prasant Kumar Satpathy, a 41-year-old accountant from Odisha, was fatally shot during a terror attack in Pahalgam while vacationing with his wife and child. His wife, Priyadarshini, witnessed the attack and described the incident, emphasizing the chaos that ensued as they sought help. Odisha's Chief Minister condemned the violence and is coordinating efforts to return Prasant's remains, while local authorities are assisting in the process following confirmation of his...