Market closed flat despite significant tax relief announced in Union Budget 2025-26, prompting criticism from analysts like Wisdom Hatch founder Akshat Shrivastava who called it a popularity move rather than a strategic economic decision. The tax cuts aimed at the middle class were expected to boost investor sentiment but failed to do so, with Sensex edging up just 5 points. Shrivastava highlighted concerns over India’s shrinking tax base and lack of long-term growth stimulation, while market experts noted a modest increase in capital expenditure and suggested a range-bound market awaiting clearer signals.
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Chennai shocker: Man beheads wife over suspected infidelity
A CRPF constable, Tamil Selvan, was arrested in Chennai after he attempted to discuss the murder of his wife, Uma Maheshwari, whom he beheaded over suspicions of infidelity on July 31 in Tuticorin. He had previously taken their two children to his father-in-law's house and had been under surveillance for his wife's fidelity prior to the crime. Want More Context? 🔎
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