Snowflake shares pop 19% on earnings and revenue beat

Income tax department is reaching out to taxpayers, reminding them to declare any foreign income or assets in their 2024-25 tax returns. Using data from international agreements, the department is targeting individuals who may have overseas holdings and haven’t fully disclosed them, aiming to ensure compliance with tax laws and prevent penalties.

The Punjab Kings IPL franchise is embroiled in a legal dispute as co-owner Preity Zinta challenges fellow owner Mohit Burman’s plan to sell 11.5% of his shares. Zinta’s appeal, filed in the Chandigarh High Court, claims Burman’s action breaches an internal agreement requiring shares to be offered to existing promoters first. Burman, who holds 48%…

The Supreme Court criticized Karnataka HC’s Justice V Srishananda for referring to a Bengaluru locality as ‘Pakistan’ and making a misogynistic remark. Despite this, the SC decided to close suo motu proceedings following his public apology, highlighting the importance of maintaining judicial dignity and public trust in the judiciary.

Rohit Sharma’s playful demeanor was highlighted during India’s first Test win against Bangladesh in Chennai. India triumphed by 280 runs, with R Ashwin taking six wickets and scoring a century. The second Test begins on September 27 in Kanpur, with India holding a 1-0 series lead. With a 1-0 lead in the series, India will…

First lady Jill Biden was shouted down by children for wishing “Happy Holidays” instead of Christmas, sparking laughter and joy from commentators online. On Friday, the first lady hosted the annual Marine Corps Reserve Toys for Tots campaign at the White House. She greeted everyone with “Happy Holidays,” to which multiple children shouted back with…