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BusinessPhoto: Economic Times

Section 82 of Income Tax Act Offers Tax Exemption on Property Sale

From April 1, 2026, the Income Tax Act, 2025 applies, renumbering Section 54 as Section 82. Under Section 82, long-term capital gains from selling a residential property are exempt from tax if reinvested in another residential property in India. Chartered Accountant Suresh Surana explains this applies to individuals or HUFs earning LTCG from residential house property sales, helping taxpayers save on taxes by reinvesting gains.

Economic Times·

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SportsPhoto: News18Hi Sports

India A Strikes Back Against New Zealand A on Day 3

On Day 3 of the second unofficial Test between India A and New Zealand A, New Zealand A continued their innings at 218 runs for 3 wickets. Indian bowlers made a strong comeback, taking four wickets before lunch and putting pressure on the hosts with the new ball.

News18Hi Sports·

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SportsPhoto: Hindu Sport

Marquez Wins Malaysian MotoGP, Nears Eighth World Title

Marc Marquez won the Malaysian MotoGP at Sepang on November 1, 2026, moving close to his eighth world title. He finished in 40 minutes 14.236 seconds, 4.172 seconds ahead of Pedro Acosta, with his brother Alex Marquez third. Marquez leads the championship by 44 points over Jorge Martin, who missed the race due to injury. Marquez can clinch the title next weekend in Qatar.

Hindu Sport··Sepang

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BusinessPhoto: Firstpost Business

Binance Sees Withdrawal Surge After $6.3 Billion Cyber Heist

Binance experienced a surge in customer withdrawals following a massive $6.3 billion cyberattack linked by the FBI to North Korea. The cryptocurrency exchange has replaced 95% of the stolen assets and pledged to cover all financial losses. Withdrawals are now stabilizing as Binance reassures users about the security of their funds.

Firstpost Business·

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EntertainmentPhoto: News18Hi Entertainment

Shah Rukh Khan Rose to Stardom with Villain Role, Returns in December

Shah Rukh Khan, known as Bollywood's king, gained fame not only for his acting but also his distinctive hairstyles. He once cut his hair for a TV show that brought him significant recognition. His villain role in the film 'Deewana' made him an overnight star. He is set to appear in the movie 'King' this December. Today, November 2, marks his birthday.

News18Hi Entertainment·

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BusinessPhoto: Mint Companies

Air India Considers Singapore Airlines Executive for CFO Amid Losses

Air India is considering appointing a Singapore Airlines executive as its new Chief Financial Officer. Preliminary discussions have taken place involving Tata Sons chairman N. Chandrasekaran and Air India CEO Tewolde Gebremariam, both of whom support the potential appointment as the airline faces mounting losses.

Mint Companies·

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