Bombay High Court Rules Gift of Shares Not Taxable as Capital Gains

Trade is crucial for India’s economic growth, according to Commerce Secretary Sunil Barthwal. Despite global protectionist trends, he emphasizes that trade will continue to flourish because nations need it to boost their economies. Barthwal suggests signing mini trade agreements to speed up negotiations, preventing businesses from losing interest. India aims to enhance trade with Latin America and the Caribbean, aspiring to double their trade to $100 billion. By focusing on key trade issues like tariffs and regulations in the early stages, India hopes to create more efficient outcomes and leverage opportunities in sectors like automobiles and healthcare.

Venkatesh Iyer has made headlines as one of the most expensive buys in the IPL 2025 auction, with Kolkata Knight Riders investing ₹23.75 crore to bring him back. Despite this hefty price, KKR appointed Ajinkya Rahane as captain, a player they picked up at the base price. Iyer praised Rahane's leadership skills, highlighting his experience in leading both India and IPL teams. He expressed excitement about learning from Rahane while preparing for his role as vice-captain. Iyer emphasized that leadership is about mindset and responsibility, feeling ready to contribute significantly to the team.

Facebook has faced serious challenges in India, with claims of hiring an ex-police captain to manage potential clashes with the Indian government. A former employee's memoir reveals that Facebook's leadership was deeply involved in lobbying for its controversial Free Basics program, which aimed to provide limited internet access but was banned in India for violating net neutrality. The memoir details how Facebook attempted to rally public support through deceptive strategies and faced unexpected setbacks, including a significant drop in public submissions to regulatory authorities. This story sheds light on the intense efforts and difficulties tech giants encounter while navigating foreign regulations.

BYD Co., a Chinese automaker, is revolutionizing electric vehicle (EV) charging with its new Super e-Platform. This innovative technology allows cars like the Han L sedan to charge for 5 minutes and gain an impressive range of 470 kilometers. This fast charging capability rivals traditional refueling times, making EVs more convenient for users. BYD’s advancements place it ahead of competitors like Tesla, which offers slower charging options. With plans to build over 4,000 charging stations, BYD aims to enhance its market position as the leading EV seller, offering affordable models that attract more customers.

The Indian stock market is set to open higher today as global markets bounce back following the US Federal Reserve's recent policy announcement. The Fed decided to keep interest rates steady and hinted at potential cuts later in the year. This positive sentiment led to a third consecutive gain for Indian indices, with the Sensex and Nifty 50 both closing higher. Key sectors like banking and energy are showing strong performance. Experts recommend a 'buy on dips' strategy as traders should focus selectively on promising stocks in the broader market.

A range of exciting developments is shaking up the business landscape. A technology firm has launched AI services to help governments tailor solutions for their unique needs. DMart is investing ₹175 crore in its e-commerce arm, while Trent Arm Booker is acquiring THPL Support Services for ₹166.36 crore. A joint venture in eco-friendly products has also been formed. Meanwhile, Hyundai plans to increase vehicle prices by up to 3% by April 2025, and NHPC aims to raise ₹6,300 crore through bonds. CEAT is targeting the luxury car market, with a promising growth outlook.

Yuzvendra Chahal, the Indian cricketer, and choreographer Dhanashree Verma are set to divorce, making headlines recently. Just days after Chahal was seen with RJ Mahvash at the Champions Trophy final, Mahvash shared a cryptic post on Instagram that suggested lies and deception, sparking curiosity about the couple's situation. The post quickly gained traction, with Chahal liking it almost immediately, leading fans to speculate about his reactions. The Bombay High Court has expedited their divorce proceedings, which were initiated on February 5, to accommodate Chahal's upcoming IPL commitments. A final decision is expected today, March 20.

Maximizing returns is a key goal for any investor in the stock market. Growth stocks are shares of companies expected to grow significantly, making them appealing for long-term investments. These companies reinvest profits into expanding operations and developing new products, leading to higher stock prices. Notably, sectors like technology and healthcare often showcase rapid growth. Investors should look for companies with a history of consistent revenue and earnings growth, strong competitive advantages, and effective management. However, growth stocks come with risks due to uncertainties about future performance, so a careful investment strategy is essential to achieve better returns.

Facebook has faced significant challenges in India, as revealed in a memoir by a former employee. The book describes how Facebook hired an ex-police captain to manage potential clashes with the Indian government. It highlights the company's efforts to promote its Free Basics program, which was banned in India for violating net neutrality. The memoir details how Facebook attempted to rally public support through its platform, but a technical issue led to a much lower number of public submissions than expected. This raises questions about the influence of tech giants on government regulations in India.

Bajaj Healthcare's shares surged nearly 10% to a new 52-week high of Rs 740 on March 19, following the approval for Phase III clinical trials of its anti-seizure drug, Cenobamate. The stock later adjusted to Rs 731, still up 8% from the previous close. The Central Drugs Standard Control Organisation (CDSCO) has recommended the trials for various strengths of Cenobamate, which aims to treat partial onset seizures in adults by controlling excessive neuronal activity. This phase is crucial before seeking final regulatory approval for the drug's commercial launch. Bajaj Healthcare is dedicated to providing effective epilepsy treatments in India.

Choosing the right loan is essential for effective money management. EMIs from credit cards and personal loans offer flexible repayment options for urgent expenses like weddings or medical bills. However, when it comes to long-term costs, personal loans often prove to be more economical due to their lower interest rates and fixed repayment schedules. Credit card EMIs, while convenient, usually come with higher interest rates and can lead to debt if not managed properly. Always compare interest rates and terms before deciding on a loan to ensure you choose the best financial path for your needs.

Choosing the right credit card is important for both your finances and lifestyle. While plastic credit cards are widely used and affordable, metal credit cards are gaining popularity for their exclusive benefits. Metal cards offer features like higher credit limits, travel insurance, airport lounge access, and loyalty programs, making them ideal for those who want premium services. However, they come at a higher cost. On the other hand, plastic cards are budget-friendly, lightweight, and accepted almost everywhere. Ultimately, the choice between plastic and metal credit cards depends on your personal preferences and financial situation.

Obesity is increasingly being recognized as a disease that requires treatment, not just a risk factor for other health issues like diabetes or heart disease. Recent advancements in weight-loss medications, such as GLP-1 drugs, have sparked discussions about how to diagnose obesity correctly. A new approach, developed by the Lancet Commission, suggests using additional measurements beyond the traditional BMI to identify "clinical obesity." This includes assessing waist size and organ function and recognizing symptoms like breathlessness and pain. While some individuals may not show signs of illness, they are classified as having "preclinical obesity," indicating a risk for future health issues. This new understanding is gaining support from major health organizations, paving the way for improved treatment.

Stock splits and bonus issues are important strategies in the Indian stock market used by companies to benefit their shareholders. A bonus issue gives existing shareholders free additional shares, showcasing the company’s strong finances and improving dividends. In contrast, a stock split divides existing shares into smaller units, lowering the price and making shares more affordable for new investors. While both methods increase the number of shares, they serve different purposes: bonus issues build investor trust, while stock splits enhance liquidity. Investors should understand these differences to make informed decisions about their portfolios.

Mahindra has launched the 2025 version of the Thar Roxx, introducing exciting upgrades that boost comfort and convenience. Notably, the new keyless entry system allows users to unlock their vehicle with a button on the door handle, eliminating the need to dig for the key fob. Additionally, a sliding armrest has been added for passengers, enhancing comfort during long drives. The new aero wipers improve visibility and reduce noise in bad weather. While the mechanical features remain the same, with both diesel and petrol engine options, the Thar Roxx is still priced between ₹12.99 lakh and ₹23.09 lakh.

In a shocking incident, a 46-year-old French woman was sexually assaulted while seeking spiritual enlightenment on a hill in Tamil Nadu's Tiruvannamalai district. The woman had traveled to the area and stayed in a private ashram. Despite a ban on public access to the hill due to a landslide, she climbed it with a group of guides. While meditating in a cave, a tourist guide named Venkatesan allegedly attacked her. After managing to escape, she reported the incident to the police, who have since arrested the accused. This incident highlights the need for safety and awareness in spiritual tourism.

Haryana's Chief Minister Nayab Singh Saini has allocated ₹5,000 crore for the 'Lado Lakshmi Yojana' in the 2025-26 budget. This initiative promises ₹2,100 monthly assistance for women, aimed at empowering them financially. The scheme is part of the BJP's commitment ahead of the October 2024 assembly elections. It will benefit women over 18 years old and includes provisions for interest-free loans of ₹1 lakh for women farmers. Saini reassured that funds are available to fulfill this promise, while the complete eligibility criteria will soon be presented to the Cabinet for approval.

Anubhav Dubey, co-founder of Chai Sutta Bar, shares a powerful story of resilience and success after facing repeated failures in the UPSC exams. In a heartfelt post, he reflects on his struggles with self-doubt and how a simple business idea transformed his life. Despite feeling like an average student and fearing failure, he decided to partner with his friend Anand Nayak to start a tea business. His dedication led to the creation of a popular tea chain, which now boasts numerous awards. Dubey encourages others not to lose hope, emphasizing that lack of recognition doesn’t define one’s potential.