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Lakshmi Mittal quits UK as Labour’s wealth taxes trigger billionaire exodus


Lakshmi Mittal quits UK as Labour’s wealth taxes trigger billionaire exodus

TOI correspondent from UK: Lakshmi Mittal has voted with his feet. The 75-year-old steel magnate has walked away from Britain — and straight into Switzerland — joining a rush of the ultra-rich escaping Labour govt’s tax squeeze targeting high-net-worth residents.Mittal, one of Britain’s richest men and a long-time Labour donor, has left the UK just days before chancellor Rachel Reeves’ autumn budget. He has become a tax resident of Switzerland and plans to spend most of his time in Dubai, where he has purchased a mansion on Naïa Island, a newly built enclave for global elites. The executive chairman of ArcelorMittal — born in Rajasthan’s Sadulpur — is an Indian citizen.Reeves is expected to announce fresh levies on Nov 26, including a proposed 20% “exit tax” and a mansion tax. Her 2024 Budget had already abolished the non-domicile tax regime and shut down use of offshore trusts to avoid the UK’s 40% inheritance tax — measures that advisers say accelerated Mittal’s decision.“The uncertainty of Labour’s tax policy, inheritance tax and abolition of the non-dom regime are a big concern for people who have worked hard and built up their wealth in the UK,” said Tory peer and multimillionaire Rami Ranger. “There is no tax in Dubai. Britain is the most taxed economy in the world.”A wealth adviser familiar with Mittal’s plans told the Sunday Times that many affluent foreign residents “cannot understand why all their assets, wherever they are in the world, should be subject to inheritance tax imposed by the UK Treasury. People in this situation feel they have little choice but to leave”.Mittal and his family were ranked eighth on the 2025 UK Rich List with a fortune of £15.4 billion (over Rs 180,887 crore). He founded Luxembourg-based ArcelorMittal, valued at £23.35 billion (over Rs 274, 268 crore), and controls a 38% stake.The family moved to London in 1995 and bought three adjoining mansions on Kensington Palace Gardens — “Billionaires’ Row” — including the marble-laden “Taj Mittal”, built with stone sourced from the same quarries used for the Taj Mahal.Mittal’s exit underscores deep unease among high-net-worth residents as Labour prepares further tax changes aimed at those with global assets, intensifying fears of an investor flight at the very top of the wealth pyramid.





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IND vs SA [WATCH]: Ravindra Jadeja deceives Kyle Verreynne as South Africa suffer key stumping on Day 2 of the Guwahati Test



India vs South Africa, 2nd Test at Guwahati produced its first truly viral moment on Day 2 when Ravindra Jadeja outfoxed Kyle Verreynne with a classic piece of left-arm spin and sharp glovework from skipper Rishabh Pant. Even so, South Africa marched to a strong 360/7 at Drinks in the second session, tightening their grip on the contest after choosing to bat first.​

Ravindra Jadeja’s clever trap floors Kyle Verreynne on Day 2

The flashpoint arrived in the 121st over, with South Africa 334/6 and Verreynne and Senuran Muthusamy deep into an 88‑run stand that had begun to seriously frustrate India. Having watched the wicketkeeper‑batter repeatedly use his feet, Jadeja adjusted beautifully: he held his length back a touch, pushed the ball wider, and got it to rip away sharply as Verreynne advanced down the pitch.​

Verreynne, on 45 off 122 balls with five fours, was left prodding at thin air as the ball spun past his jab, and Pant completed the stumping with quick hands, prompting a brief check from the TV umpire to confirm the take was clean. Once replays showed Pant collecting the ball behind the stumps, Verreynne had to walk, ending an 88‑run partnership that had dragged South Africa from a potentially fragile 246/6 to a commanding 334/7. Jadeja’s figures moved to 2 for 57 from 22.3 overs at that stage, underlining his control and accuracy on a surface that has offered slow, steady turn rather than demons.​

The dismissal also highlighted Pant’s dual role as captain and wicketkeeper, with his aggressive use of spin from both ends backed up by sharp work standing up to the stumps. For India, the breakthrough was as much psychological as it was tactical, briefly re‑energising the attack after a long, attritional morning and early‑afternoon grind.​

Here’s the video:

Also READ: Fans brutally troll KL Rahul for dropping Aiden Markram’s catch on Day 1 of second Test

Senuran Muthusamy leads South Africa to seize control on Day 2

Despite Jadeja’s intervention, South Africa finished the day well ahead in the game, finishing at 489 with Muthusamy (109) smashing maiden century and Marco Jansen (93) falling just short of what could be a tremendous ton. The visitors’ decision to bat first has been vindicated by a series of solid contributions: Aiden Markram (38), Ryan Rickelton (35), Tristan Stubbs (49), Temba Bavuma (41) and Tony de Zorzi (28) all got in and ensured India were never allowed a cluster of cheap top‑order wickets.​

India’s bowlers had their moments—Kuldeep Yadav’s 4 for 115 kept the hosts in the contest, while Jasprit Bumrah’s 2 for 75 and Mohammed Siraj’s 2 for 106 reflected sustained discipline on a slow pitch with modest assistance. Washington Sundar’s economy (26-5-58-0) helped apply pressure even without wickets, but the lack of a decisive collapse meant South Africa could build in phases: 247/6 at stumps on Day 1, to 489 before being all out.

Also WATCH: Yashasvi Jaiswal takes a blinder to remove Temba Bavuma on Day 1 of the Guwahati Test





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In political credit battle in Mumbai, BJP and Shiv Sena rush to ‘open’ Shahad rail overbridge but NHAI says inauguration is today | Mumbai News


Kalyan: The nearly four-decade-old Shahad rail overbridge (ROB) connecting Kalyan and Ulhasnagar on National Highway 61, which has been under repair by National Highways Authority of India (NHAI) for the past 20 days, has become the center of a political credit battle. NHAI, sources said, has scheduled the ROB opening for Monday at 11am after completing the finishing work, but BJP and Ekanth Shinde’s Shiv Sena separately rushed to conduct their own “inauguration” on Sunday.Despite being allied partners in the state and Centre, BJP and Shiv Sena stand against each other in Ulhasnagar, turning this event into a competitive show of strength.Repairs on Shahad ROB began around Nov 3, and NHAI had assured that the bridge would be reopened on Sunday morning. However, before the final finishing work could be completed, BJP leaders, led by Ulhasnagar district president Rajesh Vadhrya and Pradeep Ramchandani, arrived on Sunday afternoon to declare the bridge “inaugurated” and credited the project to BJP MLA Kumar Ailani.A few hours later, Shiv Sena leaders, accompanied by TOK workers, also reached the spot and announced their inauguration ceremony, giving credit to Kalyan MP Shrikant Shinde. They also demanded that the bridge be named after Shiv Sena founder Balasaheb Thackeray. Shiv Sena also accused BJP of trying to claim credit for a project they had no involvement in, escalating the rivalry between the Mahayuti allies.Despite these dual inaugurations, the bridge remained closed on Sunday and motorists confused. NHAI officials confirmed that the ROB will be officially opened only after remaining work is completed — most likely on Monday at 11am.





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Maharashtra deputy CM Ekanth Shinde denies rift with CM Devendra Fadnavis, blames electronic media for false perception | Mumbai News


Kolhapur: Deputy chief minister Eknath Shinde on Sunday said he had no differences with chief minister Devendra Fadnavis and blamed the electronic media for creating a false perception for the sake of TRP.Shinde, who was in Solapur to address rallies for Nagar Parishad polls, said contesting elections against BJP did not mean there was animosity between the two parties. “This is a local election. We were together for the Lok Sabha to see Narendra Modi as Prime Minister once again; in the assembly, we wanted Mahayuti to win. In local elections, the party workers are sentimental, and they want to contest,” he said.He categorically said that Shiv Sena‘s enemy was not BJP, but the Maha Vikas Aghadi (MVA), and it would remain so in the future. When asked whether he and CM Fadnavis were ignoring each other in public events, Shinde said, “The media creates such questions and also finds the answers. They make all of it up and find breaking news regarding me and the CM. The media does it for TRP; they fabricate news, and they should stop now.”When asked whether his reference to “Ravan” and “ego” was aimed at BJP, Shinde said it was aimed at Shiv Sena (UBT) president Uddhav Thackeray and his associates. “Everyone knows who is Ravan, and who is ahankari. A farmer’s son from a poor family becomes the chief minister. Who is not able to digest this fact? One cannot understand the sufferings of the people by sitting indoors. Such people cannot resolve the concerns of the common people. Shiv Sena (UBT) politicians started having stomach aches when I became the CM. They are the Ravan; they are ahankari,” he said.





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Isaac Johnson cause of death: How did the Chicago MMA fighter die at 31 | International Sports News


Isaac Johnson cause of death: How did the Chicago MMA fighter die at 31
Isaac Johnson cause of death: How did the Chicago MMA star die at 31 (Image via Getty)

Isaac Johnson was a 31-year-old MMA and Thai‐boxing fighter from Chicago. On Friday night, he competed in a heavyweight Thai boxing match at the Matador Fighter Challenge, held at Cicero Stadium in Cicero, Illinois. Near the end of his fight, he collapsed in the ring. He was rushed to Loyola University Medical Center, where he was pronounced dead just after midnight. Authorities say they have opened a death investigation and are waiting on the autopsy report to determine the cause of death.

Isaac Johnson cause of death: What happened to the MMA fighter in the fight

Johnson faced an opponent in a high-stakes bout advertised as part of the Matador Fighter Challenge. The fight looked like any other competitive match until Isaac Johnson collapsed near the end. Emergency medical staff at the stadium and paramedics responded quickly. He was transported from the ring around 8:38 p.m. and arrived at the hospital, where doctors tried to save him, but he didn’t survive.

Investigation and cause pending for Isaac Johnson

Authorities from the town of Cicero and the Cook County Medical Examiner’s Office have launched an investigation into Johnson’s death. An autopsy has already been scheduled, but officials have not yet released any official cause or manner of death. Promoter Joe Goytia confirmed that Johnson passed all required pre-fight medical tests, yet still the tragic collapse happened.

Tributes for Isaac Johnson, a true warrior

After the news of Isaac Johnson’s death spread, the MMA community, fans and fellow fighters paid tribute to him. Many remembered his energy, his smile, and his willingness to fight hard. He was smiling even moments before he went down. This is the sport we play, and he was a true warrior to the very end. His passing has deeply saddened many people who followed his career.Also Read: Olympics winner Noah Lyles unveils romantic surprise for fiancee Junelle Bromfield in Las Vegas, and it will melt your heart





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SC quota debate: Outgoing CJI Gavai defends collegium; pushes ‘creamy layer’ exclusion | India News


SC quota debate: Outgoing CJI Gavai defends collegium; pushes 'creamy layer' exclusion

NEW DELHI: Defending the collegium, the outgoing Chief Justice of India BR Gavai, emphasised the need to exclude the creamy layer from the Scheduled Caste quota, and expressed regret over not appointing any women judges during his tenure.According to PTI, Gavai said he leaves the institution with a deep sense of satisfaction and contentment. Reiterating his decision not to accept any post-retirement assignments, he said, “I made it clear when I took office that I would not take up any position after retirement. For the next 9-10 days, it’s a cooling-off period. After that, a new chapter begins,” he said.BR Gavai is the 52nd Chief Justice, the first Buddhist and second Dalit to head the Supreme Court after KG Balakrishnan. Addressing the issue of the “creamy layer” within caste-based reservations, CJI Gavai said the Supreme Court has “done its part,” but it is now up to the government and Parliament to implement changes to ensure that benefits reach the truly marginalised sections.Last year, as part of a landmark judgment, the Supreme Court approved subclassification within scheduled castes and scheduled tribes, a move aimed at preventing the creation of a “class within a class” in reservation benefits.Justice Gavai, who was part of the bench for that judgment, emphasised that equality must permeate through all levels and cautioned against the continued misuse of reservations by families that have already progressed socioeconomically.“We have seen many Scheduled Caste families prosper, yet they still avail reservation benefits,” he said, pointing out cases where children of SC/ST IAS officers seek quota-based advantages.In his judgment, he wrote, “The State must formulate a policy to identify the creamy layer among SC/ST categories and exclude them from affirmative action. This is the only way to achieve true equality.”Chief Justice Gavai, who retires tomorrow, remains a significant figure as only the second Dalit to lead India’s highest judicial body. His reflections highlight ongoing challenges in implementing caste-based reservation reforms effectively.





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‘They were a bit too defensive’: Dale Steyn lambasts Team India after poor show on Day 2 of Guwahati Test | Cricket News


'They were a bit too defensive': Dale Steyn lambasts Team India after poor show on Day 2 of Guwahati Test
India’s players celebrate the dismissal of South Africa’s Senuran Muthusamy (AP Photo/Anupam Nath)

Dale Steyn, the former South African fast bowler, has commented on India’s bowling strategy during Day 2 of the India vs South Africa second Test at the Barsapara Cricket Stadium in Guwahati.India had South Africa at 247-6 at the end of Day 1, but the visitors managed to score 489 runs as Senuran Muthusamy and Marco Jansen dominated the Indian bowling attack.On JioStar’s ‘Cricket Live’ show, Steyn analysed India’s bowling approach, pointing out their reluctance to adapt their strategy and their overly defensive field placements. “I thought they bowled well up to a point, but at times they didn’t move away from their original plan. They stuck with Plan A for too long and didn’t really switch to a Plan B or C. At moments, they were a bit too defensive–when a batter walked in, there was a long-on, long-off, and deep square, which allowed the batter to settle with easy singles before India brought the field back in,” said the former Proteas bowler.“They could have been more attacking early on and tried to force the batters to hit into one side of the field. They kept bowling straight at the stumps, which opened up both sides–the off and the leg. In Kolkata, that plan worked because the pitch demanded it, but on a flatter wicket like this, they needed something different,” JioStar expert Dale Steyn added.Senuran Muthusamy achieved his first Test century, scoring 109 runs, while Marco Jansen displayed aggressive batting with 93 runs off 91 balls, including six boundaries and seven sixes.Former Indian cricketer and head coach Anil Kumble offered his insights on Jansen’s performance and his partnership with Muthusamy.“It’s never easy when the lower order contributes like that. Marco Jansen completely took the game away from India in that session, especially with the way he looked to hit sixes. He clearly trusts his batting; he’s carrying more than four bats, and he definitely needs a long blade. He was outstanding against the spinners and even took on the short ball. Perhaps towards the end he got a bit lazy, trusting his timing too much while looking for singles to get to his hundred. But it was a fantastic innings, and his partnership with Muthusamy ensured South Africa didn’t just cross 400–they went close to 500,” said Kumble.The partnership between Jansen and Muthusamy proved crucial in helping South Africa reach a commanding total.





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