Latest News on June 28: Presenting FE Online’s ‘Breaking News Today’. Here, we keep you updated with all major developments happening in India and around the globe. Stay tuned as we bring you all the latest updates from share market, sports, defence and more:

Increased TCS rates to apply from October 1st

No change in rate of TCS for all purposes under LRS and for overseas travel tour packages, regardless of mode of payment, for amounts up to Rs. 7 lakh per individual per annum. Government gives more time for implementation of revised TCS rates and for inclusion of credit card payments in LRS. (ANI)

Supertech boss in ED custody, agency says ‘larger conspiracy’

A Delhi court on Wednesday granted the Enforcement Directorate (ED) till July 10 the custody of R K Arora, the chairman and promoter of real estate major Supertech Group, arrested in a money laundering case. Duty Sessions Judge Devender Kumar Jangala remanded Arora in ED custody to facilitate his interrogation by the anti-money laundering agency. In its application seeking Arora’s 14-day custody, the ED told the court that the accused was required to be interrogated to unearth the larger conspiracy in the case. (PTI)

Kota reports 2nd suicide in 24 hours

The body of a 17-year-old NEET aspirant was found hanging in his hostel room in this Rajasthan city, police said on Wednesday. This is the second suicide by a coaching student in the span of 24 hours. Circle Inspector (CI) at Vigyan Nagar police station Devesh Bhardwaj said the teen was identified as Aditya Seth, a resident of Jaunpur city in Uttar Pradesh. was found hanging in his PG room in Sector – 2 of the area on Tuesday night. A class 11th student, Seth was preparing for National Eligibility-cum-Entrance Test (NEET) in a coaching institute for the last two months and living in a PG room, he said. (PTI)

6 dead as chariot catches fire in Tripura

A chariot caught fire after coming in contact with a high-tension wire in Tripura’s Unakoti district. According to PTI, six people have lost their lives so far and another 15 have suffered injuries. The local police is probing the matter.

Bhim Army leader attacked in western UP

Bhim Army chief Chandra Shekhar Aazad was shot at in Saharanpur. According to news agency ANI, teh local police has confirmed the incident. SSP Dr Vipin Tada says, “Half an hour back, the convoy of Chandra Shekhar Aazad was fired at by a few car-borne armed men. A bullet brushed past him. He is alright and has been taken to CHC for medical treatment. Police is investigating the matter.” (Read More)

Nifty 50 tops 19,000; Sensex touches new record above 64,000

Benchmark index Nifty 50 hit a fresh all-time high of 19,003.20 on Wednesday, surpassing the 18,887.6 level the benchmark index hit on 1 December, 2022. Nifty 50 took 142 trading sessions to achieve the record. Sensex hit an all-time high of 64,012.16 as well after hitting a high last week at 63,601.71. (Read More)

Twitter increases tweet character limit to 25,000

Twitter is ensuring that its paid users have plenty of room to express themselves. The microblogging platform, once known for being a medium of concise messaging, has undergone massive changes under the leadership of Elon Musk. In its latest move, the company has announced a major expansion to the tweet character limit for its Blue subscribers. These paid subscribers can now compose tweets with 25,000 character limit. (Read More)

Indices at lifetime highs: Nifty 50 hits fresh all-time high at 18,908.15, Sensex touches new record at 63,716

Benchmark index Nifty 50 hit a fresh all-time high of 18,908.15 on Wednesday, surpassing the 18,887.6 level the benchmark index hit on 1 December, 2022. Nifty 50 took 142 trading sessions to achieve the record. Sensex hit an all-time high of 63,716 as well after hitting a high last week at 63,601.71. (Read More)

Byju’s seeks to raise $1 billion to sidestep shareholder revolt

Byju’s is currently engaged in advanced discussions with potential new shareholders for a fundraising round of $1 billion. The objective is to counter the efforts of certain investors who aim to reduce founder Byju Raveendran’s influence over the struggling technology startup. According to individuals familiar with the matter, Byju’s is offering attractive incentives, such as preferential treatment in the event of liquidation, in order to win over the support of these new investors. The sources mentioned that none of the existing shareholders currently possess a liquidation preference. Byju’s, which has been actively seeking fresh funds for several months, aims to finalize this funding round within a span of two weeks. (Read More)