Category: News

  • Man Shot Dead in East Delhi: Family Protests for Justice

    Man Shot Dead in East Delhi: Family Protests for Justice

    A 32-year-old man named Rohit was shot and killed near the Phool Mandi area on National Highway-24 in East Delhi, police said on Monday. Rohit, who lived in Ghazipur village, was found with a serious gunshot wound. He was quickly taken to LBS Hospital, but sadly, he did not survive.

    The shooting happened in a busy place close to the Phool Mandi, which is a well-known market. After hearing the news, Rohit’s family and local people held a protest near the Delhi-Ghazipur border. They demanded strict action against the person responsible for his death, causing heavy traffic jams in the area.

    So far, the police have arrested two people in connection with this incident. More information about the case is being gathered.

  • Stock Market Taxes Explained: Know Your Tax Liabilities

    Stock Market Taxes Explained: Know Your Tax Liabilities

    If you make money only from the stock market, how much tax you pay depends on whether you’re an investor or a trader.

    – For Traders: If you do intraday trading, futures, or options trading without delivery, your earnings count as business income. This means you get taxed based on the income tax slabs.

    Here are the tax slabs for the financial year 2024-25:
    – 0 to Rs 3 lakh: No tax.
    – Rs 3 lakh to Rs 7 lakh: 5% tax.
    – Rs 7 lakh to Rs 10 lakh: 10% tax.
    – Rs 10 lakh to Rs 12 lakh: 15% tax.
    – Rs 12 lakh to Rs 15 lakh: 20% tax.
    – Above Rs 15 lakh: 30% tax.

    Important Note: In 2025-26, there will be new tax slabs, where you won’t pay tax if your income is up to Rs 4 lakh.

    For Investors: If you buy and hold stocks, your income is treated as capital gains. If you sell stocks after holding them for more than a year, you pay 12.5% tax on profits above Rs 1.25 lakh a year. If you sell stocks within a year, you pay a 20% tax on the earnings.

    Reinvesting Profits: If you make a profit and put it back into buying stocks, you still have to pay capital gains tax that year. But if you invest in tax-saving options, like ELSS, you might save on taxes.

    Expenses for Traders: Traders can deduct some expenses like internet bills and research costs before calculating their taxable income, which helps lower their tax.

    Choosing the Right Tax System: You can choose between the old tax regime and the new one. If you pick the old regime, you can use deductions for investments like PPF or ELSS to reduce how much tax you pay. However, those deductions aren’t available in the new tax system, which just offers lower tax rates.

    This means you should really think about which tax system works best for you

  • Debate Ignites: Do Migrant Kids Choose to Cross the Border

    Debate Ignites: Do Migrant Kids Choose to Cross the Border

    Homeland Security Secretary Kristi Noem was interviewed by Margaret Brennan on “Face the Nation.” When they discussed how migrant families were treated at the border, Noem said that children of migrants have a “choice” about crossing the border illegally.

    She claimed that everyone can choose to be in the country legally or illegally and can even leave the country voluntarily (“self-deport”). Brennan tried to correct her, saying that kids don’t really have a choice in this matter. Still, Noem insisted that children and their parents can decide to stay together or if the parents want to leave the kids behind, that’s a family choice.

    When asked about separating families at the border, Noem said she wasn’t sure if that policy would come back. She blamed President Joe Biden, saying he ignored federal immigration laws, leading to consequences for people who break the law.

    Rep. Jasmine Crockett from Texas disagreed with Noem. She said that entering the country without permission is not a crime; it’s a “civil matter.” Crockett pointed out that local police don’t ignore real crimes because of someone’s immigration status. Instead, they focus on serious crimes and shouldn’t waste time rounding up individuals just because they entered the country illegally.

    Crockett also criticized Republicans for their stance on immigration and called former President Trump the “biggest criminal” to have been in office. She mentioned that people shouldn’t be concerned about immigrants when there are more serious criminals to catch.

  • Oriental Rail Infrastructure Shares Surge 5% After Major Train Order

    Oriental Rail Infrastructure Shares Surge 5% After Major Train Order

    Oriental Rail Infrastructure saw its stock price jump 5% to reach Rs 170.3 in trading on Monday. The reason? The company just landed a big deal to supply seats for the Vande Bharat Express, which is India’s very first home-grown semi-high-speed train.

    The order, worth Rs 42.89 crore, comes from the Rail Coach Factory in Kapurthala. It’s for eight sets of seats for Trainset-18, or Vande Bharat Express. The company must deliver these seats by July 24, 2026. They will get 95% of the payment right after the seats are inspected and sent, and the last 5% once everything is accepted.

    This is an exciting step for Oriental Rail Infrastructure as they dive into helping with the Vande Bharat project. This effort is part of Indian Railways’ plan to update its trains and make travel better.

    In their most recent earnings report for the third quarter of FY25, Oriental Rail Infrastructure posted a net profit of Rs 7.52 crore, but that’s down nearly 40% compared to last year’s Rs 12.51 crore. On the bright side, their revenue from operations went up by 4.3% year-over-year to Rs 152.82 crore.

    Looking at some technical indicators, the stock’s relative strength index (RSI) is at 35. An RSI below 30 means a stock is thought to be oversold, while above 70 suggests it might be overbought. The MACD indicator is at -24.7, showing a downward trend for the stock.

    Right now, Oriental Rail Infrastructure’s shares are below all key moving average lines, including the 20-day to 200-day averages.

    In terms of performance, the stock has dropped 47% over the last three months, but it has risen by a whopping 230% over the last two years. The company is valued at Rs 1,057 crore.

    Oriental Rail Infrastructure is known for making various railway products like seats, berths, coated fabrics, plywood, and more.

    (Disclaimer: Any views or opinions given are personal and do not reflect the views of thellv.news)

  • 7 Dead, 14 Injured in Tragic Madhya Pradesh SUV-Truck Collision

    7 Dead, 14 Injured in Tragic Madhya Pradesh SUV-Truck Collision

    In a sad accident, at least seven people lost their lives, and 14 others were injured when an SUV crashed into a truck in Sidhi district, Madhya Pradesh. The accident happened around 2:30 AM on Monday near a petrol station on the Sidhi-Bahri Road.

    The SUV was a taxi carrying a family who was on their way to Maihar. It collided head-on with a truck that was coming from Sidhi and going towards Bahri. According to police officer Gayatri Tiwari, all seven people who died were in the SUV.

    Among the injured, nine people have been taken to a hospital in nearby Rewa for treatment, while the other injured are being treated at the district hospital in Sidhi. The truck driver has been taken into custody, and a detailed investigation is underway to find out more about the accident.

  • Giani Kuldeep Singh Gargaj Takes Charge as Jathedar of Takht Kesgarh Sahib

    Giani Kuldeep Singh Gargaj Takes Charge as Jathedar of Takht Kesgarh Sahib

    Chandigarh: Giani Kuldeep Singh Gargaj took charge as the jathedar (leader) of Takht Sri Kesgarh Sahib at Anandpur Sahib in Punjab’s Rupnagar district on Monday. This important ceremony was attended by the ‘Panj Piaras’, a group of five beloved Sikhs. The Shiromani Gurdwara Parbandhak Committee (SGPC) had previously announced Kuldeep Singh Gargaj’s appointment on March 7, and he will also act as the jathedar of the Akal Takht in Amritsar, the top authority for Sikhs.

    The SGPC decided to remove Giani Raghbir Singh from Akal Takht and Giani Sultan Singh from Kesgarh Sahib. This decision was met with anger from many Sikh leaders, including senior Shiromani Akali Dal leader Bikram Singh Majithia.

    Both Akal Takht and Takht Kesgarh Sahib are two of the five key religious seats in Sikhism. Before taking on his new role, Kuldeep Singh Gargaj prayed at Takht Kesgarh Sahib. During the ceremony, the head Granthi (priest) Giani Joginder Singh led an ‘ardas’ (prayer), and the ‘Panj Piaras’ honored Gargaj by giving him a special turban. Other SGPC members also presented ceremonial turbans to him.

    In his speech, Kuldeep Singh Gargaj urged the Sikh community to come together under one ‘Nishan Sahib’ (Sikh flag) during these challenging times. He thanked the 10 Sikh Gurus and Guru Granth Sahib for this honor. He shared that he is proud to serve the Takht, despite growing up in a humble Sikh family. After starting his journey as a ‘Pathi’ (reader of prayers), he pledged to continue spreading the teachings of Sikhism.

  • IREDA Stock Update: RBI Rejects Nepal Investment; What Lies Ahead

    IREDA Stock Update: RBI Rejects Nepal Investment; What Lies Ahead

    On Monday, IREDA (Indian Renewable Energy Development Agency) will be in the spotlight. The Reserve Bank of India (RBI) has not approved IREDA’s request to invest in a big hydroelectric power project in Nepal. This project is called the 900 MW Upper Karnali Hydro Electric Power Project. IREDA says they will try again to get approval.

    Earlier, on July 16, 2024, IREDA’s board said it could invest up to 10% of the total cost in a company called GMR Upper Karnali Hydro Power Limited and another company, Karnali Transmission Company Pvt. Ltd. This investment was estimated to be about Rs 290 crore and needed approval from the Indian government and other regulators.

    Currently, GMR Upper Karnali Hydro Power Limited has investors including GMR and the Nepal Electricity Authority. On January 17, 2025, IREDA signed a non-binding partnership agreement with GMR Energy Ltd. and other partners for the project.

    On January 15, 2025, India’s Department of Investment and Public Asset Management approved a 5% equity investment from IREDA in both companies in Nepal after the Ministry of New and Renewable Energy recommended it.

    Stock Price Info: According to Trendlyne, the average target price for IREDA shares is Rs 215, showing a potential increase of 44% from current prices. However, 2 analysts suggest holding onto the stock.

    Stock Performance: On Friday, IREDA shares were priced at Rs 149.7, a slight drop of 0.13%. The benchmark Sensex went down by 0.01%. The stock has dropped 34% in the last six months and has only gone up by 1% over the past year. IREDA’s market cap is about Rs 40,235 crore.

    (Disclaimer: The opinions and recommendations presented are those of the experts and do not represent the views of The llv News)

  • Israel and Hamas: Ceasefire Talks and Humanitarian Crisis

    Israel and Hamas: Ceasefire Talks and Humanitarian Crisis

    Israel is sending a team to Doha on Monday to talk about extending a fragile ceasefire in Gaza. This comes after Israel cut off electricity to put pressure on Hamas. The first part of the ceasefire ended on March 1, and while both sides have not resumed fighting, they still disagree on how to move forward.

    Hamas wants to start discussions for a new phase of the truce, but Israel prefers to extend the current situation. Israel has also stopped aid deliveries to Gaza and has cut off electricity to make Hamas release hostages. Energy Minister Eli Cohen announced this power cut, emphasizing that Israel will do everything it can to bring back the hostages.

    Currently, many people in Gaza are living in tents because supplies are low, especially with nighttime temperatures dropping to about 12 degrees Celsius (54 degrees Fahrenheit). A top Hamas official criticized Israel for cutting off electricity, saying it’s a desperate attempt to weaken their resistance.

    Hamas is asking for a second phase of the ceasefire that includes an exchange of hostages, a complete withdrawal of Israeli forces from Gaza, a permanent ceasefire, and reopening the borders. Former US President Joe Biden also supported a plan to get hostages back and remove Israeli forces from Gaza.

    The US envoy, Adam Boehler, stated that a deal could happen soon. Out of 251 hostages taken during the October 7 attack, 58 are still held in Gaza. Boehler mentioned that they were close to reaching an agreement that could release all hostages.

    Israel’s earlier proposal to remove Palestinians from Gaza faced backlash, leading to other plans that do not require displacing anyone. The previous phase of the ceasefire, which started on January 19, had reduced fighting and brought relief to the civilians in Gaza. However, after Israel cut off aid on March 2, the UN accused them of using hunger as a weapon. Many in Gaza now struggle without food and medicine, and the situation is challenging.

  • Syria’s Deadly Violence: Over 1,000 Dead After Assad’s Ousting

    Syria’s Deadly Violence: Over 1,000 Dead After Assad’s Ousting

    Months after Bashar al-Assad was removed from power, fighting in Syria has grown much worse. Supporters of the new Islamist leaders are attacking those loyal to Assad, who mostly belong to the Alawite community. A recent report states that over 1,000 people, many of them civilians, have died in just four days of fighting in Assad’s stronghold near the coast.

    Most of the casualties are from the Alawite community, which lives mainly in coastal cities like Latakia and Tartous. The Syrian Observatory for Human Rights reported that around 1,000 people died in two days of clashes, including 745 civilians and some security forces and fighters allied with Assad.

    Rami Abdulrahman, who heads the observatory, said these deaths are among the most significant since a chemical attack by Assad’s forces killed about 1,400 people in 2013. Ahmad Al-Sharaa, the interim president now leading the Sunni Islamist government, is calling for justice for those harming civilians or treating prisoners poorly.

    The recent violence has caused major destruction in several towns. Sunni militants have carried out many revenge killings against Alawites, regardless of whether they were involved in the fighting.

    Who Are the Alawites?

    Alawites are a branch of Shia Islam and were historically in power under Assad’s rule, even though most of Syria’s population is Sunni. Attacks against Alawites have risen since Assad’s ousting, even as the interim president pledged an inclusive government for all people.

    Despite this promise, violence has surged, with the government blaming “individual actions” for the chaos. A Kurdish group accused Turkish-backed Islamist forces of serious crimes against Alawites. The killings reportedly began after a suspect was arrested in an Alawite area, though calm returned somewhat by Saturday.

    The interim president has set up a committee to look into the violence from both sides. Graphic videos showing brutal attacks have circulated online. Meanwhile, Alawite gunmen briefly took control of Qardaha, Assad’s hometown, overwhelming security forces, but the government quickly regained control.

    Authorities are urging an end to this sectarian violence, but clashes continue, leading to many civilian deaths.

  • Tejashwi Yadav Rejects Alliance Rumors with Nitish Kumar

    Tejashwi Yadav Rejects Alliance Rumors with Nitish Kumar

    Tejashwi Yadav, a leader from the Rashtriya Janata Dal (RJD), got upset during a press conference when asked about working with Bihar’s Chief Minister Nitish Kumar again. He asked, “Why would we team up? Why are you trying to change the subject?”

    When reporters mentioned rumors that Nitish Kumar was worried about his partner, the Bhartiya Janata Party (BJP), wanting to change the leadership after the Bihar assembly elections, Yadav replied strongly. He said, “No one has made us any offers. Only RJD president Lalu Prasad and I can decide on alliances. Please don’t joke about this.”

    Yadav also mentioned that Nitish Kumar seems to be “out of control,” pointing to the way he speaks in public. He reminded everyone that there have been times when the Chief Minister tried to touch Prime Minister Narendra Modi’s feet publicly, saying, “Is this how a chief minister should act? Soon, he might even be bowing to his own deputies.”

    Let’s look at Nitish Kumar’s past. He broke away from the BJP in 2013, before the BJP named Modi as its leading candidate for Prime Minister. Then, he partnered with Lalu Prasad and won the Bihar assembly elections in 2015. But he quit in 2017 after arguing with the RJD due to corruption allegations against Tejashwi Yadav. Later, he joined back with the BJP and became Chief Minister again. They worked together in the 2019 Lok Sabha elections and the 2020 Bihar assembly elections. However, in 2022, he left the NDA (the BJP’s alliance) to partner with RJD again, and then switched back to the NDA early in 2024.