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BusinessPhoto: Business Standard

CBDT Introduces New Form for Tax Exemption on Government Securities

The Central Board of Direct Taxes (CBDT) has introduced Form 173A for claiming income-tax exemptions on interest income and capital gains from government securities. Notified on October 19, 2026, the form applies to foreign institutional investors (FIIs) and the Bank for International Settlements (BIS) under specific Income-tax Act entries. It requires detailed taxpayer information and transaction-level data to claim exemptions.

Business Standard·

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PoliticsPhoto: News18 World

US Vice President JD Vance Avoids Endorsing Netanyahu in Israel Polls

US Vice President JD Vance stated he will not endorse Israeli Prime Minister Benjamin Netanyahu ahead of Israel’s October 27 parliamentary elections, distancing himself from President Donald Trump who publicly supports Netanyahu. Vance emphasized his focus on endorsing American candidates for the US midterms and declined involvement in Israeli elections during an interview with journalist Mark Halperin.

News18 World·

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PoliticsPhoto: HT World

King Charles Praises Oman's Peace Efforts During Sultan's UK Visit

King Charles III praised Oman's peacemaking efforts in the Middle East as Sultan Haitham bin Tariq began the first state visit by an Omani ruler to the UK in 44 years. At a Windsor Castle banquet, Charles highlighted Oman's role in reopening the Strait of Hormuz and its constructive neutrality amid the US-Iran conflict. The Sultan is set to meet UK Prime Minister in Downing Street.

HT World··London

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BusinessPhoto: ET Markets

US Stocks Rise with Healthcare Boosting Dow; Tech Pauses

US stocks closed higher on Tuesday, led by gains in the Dow as investors favored healthcare and value stocks. The S&P 500 also rose, while the Nasdaq declined slightly as technology stocks took a breather after recent gains. Healthcare shares and small-cap stocks outperformed, along with defensive sectors, reflecting a shift in investor focus.

ET Markets·

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BusinessPhoto: ET Markets

SpaceX Q3 Revenue Jumps 161% Driven by AI and Starlink Growth

SpaceX reported a 161% year-on-year revenue increase in Q3, reaching $14.6 billion and surpassing analyst estimates of $12.72 billion. The growth was driven by its artificial intelligence business and steady expansion of the Starlink satellite internet service. SpaceX primarily earns AI revenue by leasing data-center computing capacity to developers like Anthropic and Google, supporting CEO Elon Musk's AI ambitions.

ET Markets·

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WorldPhoto: TOI World

Indian-origin Uber driver in NYC seeks help after daughter's death

A New York father of Indian origin, who works as an Uber driver, is seeking financial help on GoFundMe to arrange his five-year-old daughter's funeral. The child was found dead at their Queens home, and the mother has been charged with murder after allegedly confessing to a 911 dispatcher, "I killed my daughter."

TOI World··New York

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