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Business

China Tightens Tax Rules on Billionaires and Offshore Wealth

In 2026, China intensified tax enforcement on wealthy individuals, offshore trusts, and overseas investments to secure more reliable revenue amid local government financial pressures. New rules introduced in July impose a 20% tax on gains and income from offshore trusts held by Chinese residents, covering unpaid taxes since January 2023. Taxpayers have until October 22 to report and settle liabilities without penalties.

Firstpost Business·3h ago

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Politics

Cab Driver Accused of Harassment in Shamshabad, Telangana

In Shamshabad, Telangana, a cab driver has been accused of harassment by a woman who filed a police complaint. The incident reportedly involved an attempt to rob Rs 60,000 near the Tondupalli Toll Plaza. Police are currently investigating the case to determine the facts and take appropriate action.

Amar Ujala·44m ago·Shamshabad

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Business

AC, TV, Washing Machine Prices to Rise from October 1 Ahead of Festive Sales

Leading appliance brands are increasing prices of ACs, TVs, and washing machines by 3 to 8 percent starting October 1, just before Amazon and Flipkart's festive sales. ACs will see the highest hike of 5 to 8 percent. This is the third price increase in 2026. Brands like Blue Star, Haier, and Daikin have already raised or plan to raise prices, potentially making festive discounts less attractive.

News18 Tech·31m ago

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Politics

Netanyahu Makes Unannounced UAE Visit, Meets President MBZ

Israeli Prime Minister Benjamin Netanyahu made a surprise visit to Abu Dhabi and met with UAE President Sheikh Mohammed bin Zayed Al Nahyan (MBZ) on Sunday. The visit lasted about four hours and was confirmed by a senior Israeli official. It occurred amid renewed focus on reports that MBZ warned Netanyahu about a major Hamas operation before the October 7, 2023 attacks. Neither side issued an immediate official comment.

Zee News Hindi·21m ago·Abu Dhabi

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Business

Sensex Drops 900 Points; Nifty Falls Below 22,900 Amid Market Selloff

On Monday, Indian stock markets opened weak with Sensex falling nearly 900 points to 72,995 and Nifty 50 dropping 284 points to 22,856. The decline follows the longest weekly losing streak since 2020, driven by rising crude oil prices hitting $106 and a spike in US 10-year bond yields to 5.2%. Investor sentiment was further dampened by US President Donald Trump's rejection of Iran's proposal, causing foreign portfolio investors to sell shares again in September. All sectoral indices and broader markets, including midcap and smallcap stocks, traded lower amid intense selling pressure.

Business Standard·41m ago

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World

Nidhi Tiwari's Video on Boyfriend and Loneliness Goes Viral After Death

After the death of popular influencer and beauty queen Nidhi Tiwari, several photos and videos of her have gone viral on social media. In one video, Nidhi openly discusses topics like having a boyfriend, marriage, and loneliness. She also shares insights about her mood and personal life. The video segments have sparked discussions while police continue investigating her suicide case.

Aaj Tak·35m ago

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