Bizz Buzz

New Delhi, July 29: With the July 31 deadline for filing income tax returns (ITRs) for Assessment Year 2026-27 (FY2025-26) just two days away, the Income Tax Department has issued a reminder to taxpayers, urging them not to delay filing and avoid last-minute complications. In a post on social media platform X, the department cautioned taxpayers against postponing the process, saying the common phrase 'I will do it tomorrow' often turns into deadline-day panic.

Bengaluru/New Delhi, July 29: After weeks of intense lobbying, multiple rounds of consultations and nearly two months of functioning with several vacancies in the ministry, the exercise to expand the Karnataka Cabinet is finally expected to reach its conclusion on Wednesday, with the Congress high command set to take a final call on the remaining names. Chief Minister D.K. Shivakumar, who assumed office on June 3, has so far led a government with a truncated Cabinet.

New Delhi, July 29: Leader of the House in the Rajya Sabha, J.P. Nadda, on Wednesday said any student activist who wants to do activism should face police action. He said this when John Britas raised the issue of Delhi Police personnel barging into the CPI(M) office in Delhi.

Mumbai, July 29: Prolonged West Asia instability and dual chokepoint disruptions at the Strait of Hormuz and Red Sea could raise marine insurance premiums, freight costs, and transit times, impacting the profitability of Indian exporters and importers, particularly small and mid-sized firms with limited pricing power, a new report showed on Wednesday. Around 40 per cent of India's crude imports and a significant share of LNG and LPG supplies depend on Hormuz.

New Delhi, July 29: Banks collected more than Rs 26,170 crore from customers as penalties for failing to maintain the minimum average balance (MAB) in their accounts during the four financial years from FY23 to FY26, as per the data shared by the government in the Parliament.

Bengaluru, July 29: Karnataka Police on Wednesday registered an FIR against BJP MLA Yashpal Suvarna after he allegedly said that Leader of the Opposition in the Lok Sabha, Rahul Gandhi's family would be "destroyed" in the same manner as the Babri Masjid was demolished in 1992. The FIR was registered by the Udupi Town Police Station based on a complaint filed by Ashok Kumar Kodavoor, president of the Udupi District Congress Committee.

New Delhi, July 29 (IANS) India is uniquely positioned to capitalise on a global genomics revolution and a looming $300 billion patent expiry wave that is driving an aggressive wave of biopharma acquisitions, a report said on Wednesday. India hosts more WHO-certified pharmaceutical manufacturing plants than any other country on earth and for three decades, the model has been consistent science invented in the West, scaled and delivered by India, the report from Vallum Capital said.

Chennai, July 29: The Tamil Nadu government has initiated a major crackdown on alleged financial irregularities in the functioning of the Tamil Nadu State Marketing Corporation (TASMAC), with the Directorate of Vigilance and Anti-Corruption (DVAC) conducting simultaneous searches at 41 locations across the state as part of an ongoing corruption investigation.

New Delhi, July 29: The Lok Sabha was adjourned till noon, minutes after reconvening on Wednesday, amid heavy sloganeering from the Opposition benches during the Question Hour. Speaker Om Birla commenced the session by acknowledging India's medal winners at the Commonwealth Games 2026 in Glasgow. Following this, the Speaker presided over the proceedings for the Question Hour.

New Delhi, July 29: Sony Semiconductor Solutions on Wednesday said operations at its Kumamoto Technology Center remain suspended after a powerful earthquake struck Japan's Kumamoto region, with the company assessing possible damage to the facility and manufacturing lines. Sony added that no significant damage has been reported at its Nagasaki, Oita and Kagoshima technology centres, while no injuries were reported among employees present at the facilities when the earthquake struck.