Profit by knowlytics
Can the entire difference between a property’s actual purchase price and its stamp-duty value be added to the income of just one of its co-owners? A recent ruling by ITAT Mumbai has addressed this question in a case involving a husband and wife who jointly purchased a property.
At least five African migrants died after their boat encountered trouble at sea. Forty-four survivors were rescued and brought to safety near Gran Canaria. Survivors reported being adrift for nearly a month without provisions. Many migrants suffered dehydration and illness after drinking seawater. The Atlantic route to the Canary Islands remains a dangerous journey.
Higher fuel, freight and packaging costs could keep profitability under pressure, while cement demand is expected to regain momentum in the second half of FY27
A woman lost fourteen thousand dollars when thieves intercepted her mailed cheques, tampered with the information, and cashed them. This incident sheds light on the escalating issue of mail theft and cheque washing in the Bay Area. Authorities note a concerning rise in mail theft incidents from both postal collection and home mailboxes. For seniors…
The patented system combines an EV battery with a supercapacitor to handle sudden power demand, reduce battery stress and improve operating life in low-voltage vehicles
A 431-acre waterfront parcel in Gloucester County has been officially added to Machicomoco State Park. This undeveloped land, purchased over two decades ago, will now serve as Machicomoco’s Western Unit. A newly approved 30-year master plan outlines development phases for both park sections. However, no state funding has been allocated for any of the proposed…
Consultants report a 40 per cent increase in compliance-related queries since July
UPSC success story: Pankaj Kamboj’s journey to clearing the UPSC CAPF Assistant Commandant examination is marked by repeated setbacks across competitive exams. After failing UPSC CSE Prelims three times and facing several SSB rejections, he continued preparing through self-study while clearing CDS and AFCAT multiple times. Coming from a farming family near the Uttar Pradesh-Uttarakhand…
Major ports outlined progress on green fuel bunkering hubs and shore power facilities as the government seeks to accelerate decarbonisation of India’s maritime sector
BCCI secretary Devajit Saikia clarified the situation surrounding Ajit Agarkar’s absence from a recent board meeting. He shared that Agarkar was traveling and encountered connectivity problems that prevented him from joining virtually. Saikia also brushed aside any rumors about adjustments to the senior men’s selection committee. The meeting primarily reviewed past performances and strategized for…