Understanding the New TCS Rules and its Impact on International Transactions Using Credit Cards

Representative Image, Courtesy: Emil Kalibradov, Unsplash  The Economic Affairs Department of the Ministry of Finance issued a Gazette notification on 16 May 2023 announcing amendments in the Foreign Exchange Management Act (FEMA) rules. These amendments brings the overseas spending done with the help of Credit Cards under RBI’s Liberalized Remittances Scheme (LRS). This meant that […]

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EXPLAINED: What is Arcturus? Is Conjunctivitis a Symptom of XBB.1.16 Variant?

A new coronavirus subvariant, XBB.1.16, known as Arcturus, has raised concerns among global health authorities. The World Health Organization (WHO) classified this variant as a “variant under monitoring,” indicating its potential to spread and cause infections.  Arcturus has gained traction in India causing a surge in cases and prompting the reinstatement of mask mandates in […]

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EXPLAINED: Why Elon Musk and Experts Want to Pause AI Research for Six Months?

The race to create smarter, more capable artificial intelligence (AI) systems is accelerating, but some prominent scientists and tech industry leaders are calling for a pause.  In an open letter released on Wednesday, more than a thousand signatories from various fields and countries, including Elon Musk and Steve Wozniak, urged a six-month moratorium on the […]

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EXPLAINED: Why is Atiq Ahmed in Prayagraj Court? What is Umesh Pal Kidnapping case?

Gangster-turned-politician Atiq Ahmed and his younger brother Ashraf Ahmed were produced Tuesday before a special court in Prayagraj. An MP/MLA court held Atiq guilty in the 2007 Umesh Pal kidnapping case. All the other seven accused, including Ashraf, have been acquitted. In a highly televised event, Ahmed was transferred to Naini jail in the Prayagraj […]

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OPS vs NPS: Why Are Government Employees Demanding Old Pension Scheme?

Calling for the reinstatement of the Old Pension Scheme (OPS), lakhs of employees of the Maharashtra government went on indefinite strike from 14 March. Employees including government hospitals, schools, colleges, municipalities, Zilla Parishad, MHADA, and Tehsildar offices in all 36 districts have participated in this strike.  Nearly 35 unions representing state government employees decided to […]

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Explained: What is Influenza A (H3N2) Virus; What are the Treatments and Symptoms

Fears are mounting across the country due to the spread of Influenza A subtype H3N2 virus with Covid-like symptoms that causes respiratory issues.  Hospitals across the country are reporting a sharp increase in the number of patients seeking treatment for flu-like symptoms, including fever, cough, and body aches. The Indian Council of Medical Research (ICMR) […]

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Juice Jacking Attack: Can Your Phone Be Hacked Via Malicious Charger?

As cybercriminals become more sophisticated, online scams have reached new levels of complexity and sophistication. Gone are the days of easily identifiable schemes of phishing emails or fake websites; they now come in the form of well-crafted deceptions that even the most tech-savvy could find themselves falling for. One such ‘sophisticated trickery’ has been claimed […]

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EXPLAINER: Has Live Coronavirus Been Found in Sabarmati River of Gujarat?

Findings of research conducted by IIT Gandhinagar made headlines recently and caused huge panic everywhere.  Citing this research, news media websites reported that scientists found “traces of Coronavirus” in the Sabarmati River in the city of Ahmedabad in Gujarat.  This led to viral messages and posts claiming “coronavirus was found in drinking water” on social […]

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