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Till 1930, it was a thriving town near Las Vegas. Then it got drowned. Decades later, its streets and homes keep reappearing
The historic town of St. Thomas in Las Vegas submerged beneath a dam for decades, has resurfaced due to ongoing drought conditions. Once a bustling agricultural centre during the 1930s, the settlement's demise came from boundary conflicts and back taxes, forcing its inhabitants to leave. Today, the remnants of this drowned community are exposed, inviting explorers to uncover its forgotten past as water levels recede.
Great Smoky Mountains National Park: In 1929, farmer said no to an offer for his 375-acre farm. Years later he lost the case and the land
In 1929, Tennessee farmer John W. Oliver refused to sell his 375-acre Cades Cove farm for $20 an acre to make way for Great Smoky Mountains National Park. After years of legal battles, he was forced to give up the property and received $17,000 in compensation.
In a divided America, the left and right unite to oppose artificial intelligence data centers
Rural communities face growing concerns over rapid data center expansion. Farmers and environmentalists unite against potential farmland loss and water depletion. Supporters highlight job creation and technological advancement for the nation. However, opposition is mounting across various states and political divides. Elected officials are adapting to this complex and evolving political landscape.
Filing ITR4 by August 31 deadline? Check these 6 major changes if opting for presumptive taxation for AY 2026-27
For the assessment year 2026-2027, new changes have been introduced impacting those filing ITR-4. Taxpayers need to be aware of six major updates to the form, which encompass revised investment disclosures and updated requirements for reporting house properties. Additionally, claims for political party deductions require specific information now, while the previous reporting relief under Section 89A has been eliminated, with a secondary address now optional.
August 31 ITR filing deadline: ITR-3 or ITR-4? Which form you should choose while filing your income tax return
Taxpayers engaged in business activities must submit either ITR-3 or ITR-4 by the deadline of August 31, 2026. While ITR-4 simplifies the process through presumptive taxation, ITR-3 demands a more detailed presentation of accounts.
Should you close your PPF account after becoming an NRI? Here’s what to know about maturity, withdrawal, and tax rules
Moving abroad as an NRI? Your PPF account might not need immediate closure. Discover how your contribution, withdrawal, and maturity options change. Understand the crucial differences between becoming an NRI and a foreign citizen, and navigate the tax implications in your new country of residence.
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India Post goes digital
Citizens can book parcels, check their savings and get insurance services under a single interface without visiting a post office. Communications minister Jyotiraditya Scindia said India Post is being modernised for the needs of the 21st century.
Opposition protests electricity fee hike in Kashmir, Omar Abdullah calls it compulsion
Opposition parties in Kashmir protested the recent electricity tariff increase. The Joint Electricity Regulatory Commission approved a 6.83 percent hike effective September first. The government stated the increase was a necessity and not a broken promise. They clarified the free electricity scheme remains unaffected by the tariff revision. Previous administrations also implemented substantial electricity rate adjustments.
Chennai couple got laid off from job. They have Rs 1.7 cr, no home loan and Rs 9 lakh annual expenses. But there’s one big risk
A Chennai couple was laid off after building a Rs 1.7 crore financial corpus and paying off their home. According to Gurgaon-based financial content creator Amit Arora, they spend around Rs 9 lakh annually and are considering living partly on investment income. Their plan is to use 35-40% of interest income and reinvest the rest. However, inflation remains a major concern as they assess whether their corpus can support them for 30-40 years.
Rs 5 lakh investment in post office TD: 1, 2, 3 and 5-year interest rates, maturity amounts compared
Post office time deposits provide a reliable income source, supported by government assurance for investors. When you invest Rs 5 lakh, the maturity amounts vary significantly depending on your chosen tenure. The government updates interest rates quarterly, resulting in maturity values ranging from Rs 5.35 lakh to Rs 7.24 lakh. It's important to note that only the 5-year time deposit qualifies for tax benefits.
Gold bond premature redemption calendar for October 2026-March 2027 released: Check all SGB exit dates to redeem your investments
The Reserve Bank of India has set specific premature redemption windows for Sovereign Gold Bonds, allowing investors to withdraw funds between October 2026 and March 2027. Applications for early withdrawal must be made through approved channels, such as banks and post offices. It's imperative for investors to pay attention to these official dates to ensure their requests are processed without issues.
In 1942, a young New Yorker left his wife behind to fight in World War II. 80 years later, his 300 love letters helped his family know what happened to him on the battlefield
During World War II, Louis “Speedy” Weber spent three years away from his wife, Frances, while serving with the U.S. Army in Europe. He wrote more than 300 letters to her, documenting everything from Army life and his experiences during D-Day to the loneliness of being separated from home. The letters were anonymously donated to the USO in 2022, but researchers initially knew little about what happened to the couple after the war.
Russian missile attack kills 10 in northeast Ukraine, Zelenskiy vows response
A Russian missile strike killed ten people in Ukraine's Kharkiv region. The attack also injured at least eighteen civilians and damaged several buildings. President Volodymyr Zelenskyy stated that Kyiv would respond to the brutal Russian strike. Russia has intensified air attacks this summer, while Ukraine targets Russian infrastructure. Both nations deny deliberately targeting civilians in their military actions.
Qatar launches new UPI route to send money to India
Qatar Post, in partnership with India Post, has launched PosTransfer, a new remittance service aimed at simplifying money transfers. This service focuses on enabling direct transactions to UPI-linked bank accounts in India, with transfer amounts ranging from QAR 10 to QAR 4,000 for a nominal flat fee. This collaboration not only streamlines fund transfer processes but also strengthens the financial relationship between Qatar and India.
From gold and LIC policy to SIPs and crypto: How investment habits changed from Boomers to Millennials to Gen Z
Modern Indians are redefining investment strategies; rather than saving first, the youth now prioritise their financial goals before choosing investment products. This evolution shows a desire for financial independence, allowing individuals the liberty to make choices unburdened by financial strain. The advent of technology and improving accessibility to investment options has significantly enhanced wealth accumulation opportunities, indicating a broader trend of increasing incomes across the nation.
Can NRIs invest in National Savings Certificate (NSC) and avail tax benefits?
The National Saving Certificate (NSC) is one of the popular small savings schemes among Indians investors with a low-risk appetite as the scheme is backed by the government and offers an attractive interest rate of 7.7%. The NSC scheme is available only to resident citizens of India.
In 1935, this dam submerged entire US town under 60 feet of water; nearly 90 years later, falling lake levels are bringing the 'ghost town' back to life
Hoover Dam Construction: St. Thomas, a historic Nevada town, has reemerged as Lake Mead's water levels decline. The former Mormon settlement was submerged for decades after Hoover Dam's construction. Its streets and building foundations are now visible, offering a glimpse into the past. This reappearance highlights the dramatic changes in the reservoir's water levels. The drought affecting Lake Mead has wider consequences for the region's water supply.
In 1929, a Tennessee farmer refuses to sell his 375-acre farm for Great Smoky Mountains National Park for $20 an acre. After years in court, he lost the farm but got more than double the amount
Despite his refusal to sell, John W. Oliver's fight against the government's eminent domain claim for his cherished farm lasted years. Ultimately, the Tennessee Supreme Court permitted the land acquisition process to move forward. While he gained a larger financial compensation, he ultimately lost his beloved 375-acre property, epitomizing the struggles surrounding the park's establishment.
Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exempt
Retirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It's crucial to identify which income streams are subject to taxation and which advantages remain untaxed to prevent errors and manage your finances wisely. Learn strategies to legally minimize your tax responsibilities after retirement and bolster your financial stability.
Have over Rs 1 crore cash to invest? Expert suggests portfolio for retirement, children’s goals
An investment advisor recommends a tailored strategy for a surplus of Rs 1.31 crore, focusing on balancing risk and stability for retirement aspirations. This plan involves a staggered investment approach via a systematic transfer plan (STP) spanning four to seven years. The proposed portfolio diversifies into equity, hybrid funds, arbitrage, and gold investments, aiming for capital growth while safeguarding assets as retirement approaches.
Calico Ghost Town: How a thriving silver town in the Mojave Desert collapsed in just 12 years
Calico, a once-thriving town in California, saw its fortunes rise with a silver rush that began in 1881. Unfortunately, the gold rush faded by the 1890s as silver prices plummeted, causing miners and businesses to abandon the area. In the 1950s, Walter Knott took it upon himself to restore this ghost town. Today, Calico stands proud as a lively historic park, immortalizing its rich mining heritage.
From gold rush riches to abandonment: The fascinating story of Montana's ghost town Bannack
The discovery of gold in Bannack back in 1862 sent ripples through the region, morphing this quaint settlement into a bustling frontier hub. As thousands flocked in pursuit of riches, Bannack was crowned as Montana's first capital. However, the era was marred by violence and lawlessness. As more lucrative gold strikes drew miners away, Bannack's charm faded. Today, it remains a ghost town, preserving memories of hope and loss.
Just 15 miles from Niagara Falls, this picturesque Canadian town was burned to the ground by American forces; now it’s known as one of the country’s most haunted places
Niagara-on-the-Lake captivates visitors with its stunning historic architecture and idyllic streets. This charming Canadian town faced a turbulent history during the War of 1812, when it was almost completely ravaged. Nevertheless, it rose from the ashes, embracing its 19th-century roots. Today, intriguing ghost tours reveal chilling tales of spirits and eerie happenings woven into its storied past, evoking the lingering shadows of tragedy that shaped the settlement.
A ghost town disappeared beneath 60 feet of water after Hoover Dam was built; Lake Mead’s decline is bringing it back to life
A submerged ghost town named St. Thomas is reappearing as Lake Mead's water levels drop. This former Mormon settlement was flooded after the Hoover Dam's construction decades ago. Visitors can now walk through the revealed streets and building foundations of the old community. The town's reappearance highlights the severe drought impacting the Colorado River Basin. Falling water levels also raise concerns about water supply and hydroelectric power generation.
Parliament passes Bankers' Books Evidence Bill to recognise digital banking records as legal evidence
Parliament has approved the Bankers' Books Evidence Bill, 2026, marking a significant advancement in accepting digital records within the banking sector. This contemporary law nullifies the obsolete 1891 Act, allowing for electronic documentation to be admitted as evidence, provided its integrity can be vouched for. Furthermore, it offers improved legal safeguards for bank personnel, aligning India's legal practices with the fast-paced digitization of its economy.
Aware of delays in processing of visa applications by Canada of some retired GoI officials: Government
India's government acknowledges specific delays in Canadian visa processing. These delays affect retired central government and MEA officials posted previously in Canada. The Ministry of External Affairs is actively engaged with Canada on this ongoing matter. Additionally, India's passport services have expanded with numerous operational Seva Kendras. The 'Apply anywhere in India' scheme and mobile vans improve passport accessibility nationwide.
Sovereign Gold Bond investor alert: Check August 2026 SGB premature redemption calendar and schedule
For those invested in Sovereign Gold Bonds, early redemption for select tranches is possible from August 2026. This opportunity arises five years post-issue. Investors should ensure they submit their redemption applications within the stipulated timelines, as the redemption value will reflect gold prices from the previous three working days. Missing the submission period could mean a denial of the premature redemption option.
RBI policy: Will high-interest rate cycle return for FD investors as RBI holds repo rate amid rising inflation?
RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is nearing the upper tolerance band, which could prompt future rate hikes. Banks monitor deposit-credit ratios and government security yields for rate decisions. High interest rates on small savings schemes also influence bank deposit offerings. Lenders may adjust fixed deposit rates soon based on these economic indicators.
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