India’s Central Board of Direct Taxes (CBDT) recently set the Cost Inflation Index (CII) for the financial year 2025/26 at 376, a 3.58 percent increase from the previous year’s level …
Economy
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Guest Column: The Trump-Musk Feud is Not Funny Business
by Sridhar Krishnaswami 5 minutes readIt will be shrugged away in some quarters as two powerful men and an occasional soap opera, but not really a drama to drag on for decades. In the context …
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Foreign Minister Jaishankar Highlights Quad Progress, US-India Ties, and Political Unity
by T. Vishnudatta Jayaraman 6 minutes readIndia’s Foreign Minister S. Jaishankar has praised the global advocacy efforts of the seven All-Party delegations post Operation Sindoor, emphasizing that the initiative showcases India’s “political pluralism” and delivers a …
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PM Narendra Modi on a Five-Nation Trip to Strengthen the Global South Connection
by Prasad Kunduri, Special to South Asian Herald 6 minutes readOn July 2, 2025, Prime Minister Narendra Modi will leave for a five-nation trip across two continents – Africa and Latin America – in a step to strengthen India’s relations …
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Universities Gear Up for $160 Billion Fintech Future with Crypto Programs
by R. Suryamurthy 5 minutes readIndia’s higher education landscape is undergoing a strategic shift, as academic institutions across the country actively embrace crypto literacy and digital finance education. Once considered a fringe interest, cryptocurrencies and …
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Secretary Marco Rubio Welcomes Quad Foreign Ministers in DC for High-Level Diplomatic Talks
by T. Vishnudatta Jayaraman 7 minutes readU.S. Secretary of State Marco Rubio hosted his counterparts from the Quad, Indian Foreign Affairs Minister S. Jaishankar, Australian Foreign Minister Penny Wong, and Japanese Foreign Minister Iwaya Takeshi, for …
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South Asian Business Council of Virginia Hosts Networking and Investor Meetup in Ashburn
by T. Vishnudatta Jayaraman 5 minutes readThe South Asian Business Council of Virginia (SABCVA) hosted a “Business Networking & Investor Meetup” on June 27, 2025, at Biryani Grill in Ashburn, Virginia. The event brought together approximately …
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Cash to Crypto? U.S. Remittance Tax Fuels Fintech Innovation and Informal Risks
by R. Suryamurthy 7 minutes readThe proposed “One Big Beautiful Bill Act” (H.R. 1) in the U.S. Congress remains a focal point of intense debate, particularly regarding its evolving provisions on a tax on remittances. …
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DLGA Commits $1 Million to Ghazala Hashmi’s Virginia Lt. Governor Campaign
by SAH Staff Reporter 1 minutes readThe Democratic Lieutenant Governors Association (DLGA) has announced an initial investment of $1 million to support Indian American State Senator Ghazala Hashmi’s campaign for Lieutenant Governor of Virginia. The announcement …
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NCAIA Hosts First Asian Business Summit and Congressional Awards at U.S. Capitol
by T. Vishnudatta Jayaraman 6 minutes readThe National Council of Asian Indian Associations (NCAIA) hosted its inaugural Asian Business Summit and Congressional Awards – 2025 on June 26 at the Rayburn House Office Building at the …