Hey readers,

One thing Covid taught us is how quickly humans adapt when they have no choice.

Almost overnight, we went from crowded offices and daily commutes to lockdowns, masks, sanitisers, Zoom meetings, and work-from-home setups. Businesses changed how they operated. Families changed how they socialised. Governments changed how they governed. Many of these adjustments felt impossible before Covid arrived.

But that’s often how change happens. Constraints appear, old assumptions stop working, and people find new ways to adapt.

Long-term bond yields across the US, UK, Germany, and Japan are now at levels not seen since the 2000s. For some analysts, that’s a warning sign. Governments are heavily indebted, oil prices have surged above $100, and inflation fears are returning. Others see something entirely different: a return to normal after the unusual low-rate era that followed the Global Financial Crisis. Verdict? Well, it’s not out yet, but I request you to read ‘Rising Bond Yields Send Confusing Signals’ and then decide for yourself.

When the US sanctioned Huawei, the expectation was simple: cut off access to advanced technology and slow China’s rise. Instead, Huawei doubled down. It invested heavily in R&D and innovated despite sanctions. Now it claims breakthroughs in chip architecture. More broadly, that’s what I find fascinating about China. It keeps reinventing itself with every new challenge. China’s technology story shows that pressure can sometimes become a catalyst for innovation. It’s almost like Necessity Is The Mother Of Invention.

There’s some news from China again. China went on a buying spree around the world for nearly a decade. But much of that money went into trophy assets – hotels, real estate, entertainment companies, and the like. In the last few years, though, it has become far more choosy and calculated. New rules that will take effect next month mark the next shift. China has figured out that it needs to be selective and scrutinise overseas investments through a national security lens as well. That’s why we are seeing increasing Brakes On Chinese Companies Going Global.

Then there’s this AI. I know we are all fed up with the job loss fears. But the first world problems are a bit different. Not exactly the first world but the leading companies of Korea, Taiwan and the US may see some troubles going ahead when it comes to labour relations. Korea’s Samsung has just averted one crisis by granting bonus of 10.5% of operating profits, a year after SK Hynix agreed for a 10% share. This will set new standards in the labour contracts. Read More: AI Boom Rewriting Labour Contract.

For years, the world became accustomed to abundance: cheap money, open markets, unrestricted technology flows, and globalisation. Now constraints are returning. Higher borrowing costs are constraining governments. Sanctions are constraining technology. AI is constraining traditional labour models. National security concerns are constraining capital flows. The interesting part is that constraints don’t just limit behaviour. They also force adaptation. That’s what is common across all four topics.

That’s the week.

If you made it this far, I’d love to hear from you.

Which of these stories stayed with you? What stories can you share around these topics?

And more importantly, what should I dig into next?

An everyday object, a policy, a price that suddenly changed, a trend that’s growing around… send it my way. Just hit reply. I read everything.

See you next Saturday.

Cheers, Swapnil

Disclaimer: The views expressed in this article are solely those of the author and do not necessarily reflect the opinion of NDTV Profit or its affiliates. Readers are advised to conduct their own research or consult a qualified professional before making any investment or business decisions. NDTV Profit does not guarantee the accuracy, completeness, or reliability of the information presented in this article

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Filing an Income Tax Return (ITR) is an annual responsibility for millions of taxpayers, but even minor errors can attract unwanted scrutiny from the Income Tax Department. Common mistakes can trigger an income tax notice, which wastes your time and effort

What are the most common filing errors that you can avoid to ensure their returns are accurate and compliant with tax regulations? Here is the answer:

1. Choosing the wrong ITR form

Choosing the wrong ITR form is one of the quickest ways to receive a “defective return” notice or an audit. Each form corresponds to specific financial profiles. If your income sources do not align with the form’s designated criteria, tax authorities will flag the filing.

2. Missing the ITR filing deadline

Missing the due date can result in a late fee of up to Rs 5,000. More importantly, it forces you to file a “belated return”, which strips your ability to carry forward business and capital losses and charges 1% monthly interest on unpaid taxes.

ALSO READ: ITR 2026: What Is Form 39? Here’s How To Save Tax On Salary Arrears After Resigning

3. Quoting the wrong assessment year

Taxpayers often confuse the Financial Year, the year in which you earned the income, with the Assessment Year, the year in which that income is evaluated and taxed. This simple oversight causes severe delays in processing and can attract penalties.

4. Not reporting all sources of income

When taxpayers only declare their primary salary, they overlook secondary earnings. This creates instant discrepancies with the Income Tax Department’s data.

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Abhijeet Dipke, founder of the Cockroach Janta Party (CJP), joined hundreds of students and young professionals at Jantar Mantar in New Delhi on Saturday as the youth staged a protest over alleged irregularities in examinations and recruitment tests.

The gathering saw participation from school and college students, many of whom arrived wearing cockroach masks, the symbol of the movement. Several attendees carried flowers, books and the national flag, while some school students were accompanied by their parents.

Students at the venue raised slogans and demanded the resignation of Union Education Minister Dharmendra Pradhan.

Dipke Calls For Peaceful Protest

After arriving in Delhi, Dipke urged supporters to maintain discipline and ensure that the demonstration remained peaceful.

In a post on X, he wrote, “Landed. Looking forward to meet you all at Jantar Mantar. Do not forget to carry a book and our Tiranga.”

He also encouraged protesters to offer flowers to police personnel.

“Offer flowers to policemen as a gesture of compassion & gratitude. We have to lead this movement with love and peace,” Dipke said.

Landed.

Looking forward to meet you all at Jantar Mantar. Do not forget to carry a book and our Tiranga!

Offer flowers to policemen as a gesture of compassion & gratitude.

We have to lead this movement with love and peace! https://t.co/HgDSf2gX0U

— Abhijeet Dipke (@abhijeet_dipke) June 6, 2026

The appeal echoed guidelines issued by the organisation ahead of the protest, which urged participants to avoid confrontation and maintain non-violent conduct.

Security Tightened

With a large turnout expected, security was heightened across the national capital. Additional police personnel were deployed at Indira Gandhi International Airport, border entry points and other sensitive locations.

ALSO READ: CBSE Extends Class 12 Verification, Re-Evaluation Application Deadline: Check New Date Here

Officials said more than 1,000 police personnel were stationed across New Delhi and nearby areas as a precautionary measure.

Despite the heavy security presence, organisers continued to stress that the protest was intended to remain peaceful and focused on student issues.

Meanwhile, activist Sonam Wangchuk expressed support for the movement and said he would undertake a six-week fast if Dipke were arrested.

Focus On Exam Concerns

The Cockroach Janta Party has emerged as a prominent online movement highlighting concerns over alleged irregularities in examinations and recruitment tests.

The group has sought accountability in cases linked to NEET, CBSE, CUET and SSC examinations, arguing that students deserve a fair and transparent system.

ALSO READ: Tech Layoffs 2026: 1,00,000 Jobs Gone In Five Months As Companies Slash Workforce

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