Son claimed share in mother’s Delhi house, saying he paid Rs 1.5 lakh for land and Rs 60,000 for construction; Delhi High Court rejects claim, orders him and wife to vacate

The Delhi High Court recently directed a son and his wife to vacate his parents’ house. (Image for representative purpose only) Your husband buys a property in your name. Does that give your son an automatic right to co-ownership by staying there? What if the son claims to have spent money on construction?In one such…

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She bought gold at a discount of Rs 5,000 per 10 grams, took no receipt: How Indians are turning to under-the-counter cash deals as gold prices soar, bagging discounts of up to 6%

For bulk purchases, such off-the-record cash deals can bring prices down by as much as 6% from prevailing market rates. (Image for representative purposes) Gold prices, despite their recent correction, are still very high and the hike in gold import duties from 6% to 15% has raised the cost of jewellery further.Although prices have fallen…

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His son died, and LIC denied father Rs 5 lakh over alleged undisclosed heart condition; Consumer Commission finds no reliable medical proof, orders Rs 5 lakh plus 7% interest and Rs 10,000

The father and nominee of the deceased son, approached the consumer commission after LIC refused to honour a life insurance claim. Your child takes life insurance, and after his death the insurer denies the claim on the basis that your son hid a pre-existing condition. What happens then?In one such case, the District Consumer Disputes…

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Nvidia announces record $150 billion share buyback amid AI boom

Nvidia’s growth outlook remains closely tied to the global AI infrastructure boom. (Reuters) Nvidia has increased its share buyback authorisation by a record $150 billion, taking its total remaining repurchase capacity to $235 billion as the chipmaker bets on continued demand for artificial intelligence hardware amid intensifying competition.The increase surpasses Apple’s $110 billion buyback authorisation…

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Nitin Gadkari says Rs 61,500 crore, 630-km highway corridor to link Siliguri with Guwahati, Shillong; high-speed between UP & North East in works to cut travel time drastically

Gadkari described the 630-km corridor as the “lifeline” of the North East. (Image for representative purpose only) High-speed highway connectivity is in the works for the North-East connecting it to Uttar Pradesh in the future. Road transport and highways minister Nitin Gadkari on Monday said that the government will soon take up construction of a…

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