Kathy Ruemmler, the influential Chief Legal Officer of Goldman Sachs and former White House counsel under Barack Obama, has stepped down after newly disclosed Justice Department files revealed years of private email exchanges with convicted sex offender Jeffrey Epstein. The documents show communication between 2014 and 2019, including messages in which Epstein was referred to in strikingly personal terms, “Uncle Jeffrey” and even an “older brother.” Goldman Sachs CEO David Solomon accepted her resignation, praising her contributions but acknowledging the growing controversy. Ruemmler stated that the escalating media attention had become a distraction and that stepping aside was in the firm’s best interest. WATCH 

Nirmala Sitharaman, delivers a wide-ranging economic reset focused on income tax restructuring, investment growth and sectoral reforms. The new framework expands tax slabs under the new regime, offering targeted relief for middle-class and upper-middle-income earners while maintaining continuity in both old and new tax structures. The 30&#37 tax bracket now applies only to income above ₹24 lakh, shifting significantly from the earlier ₹15 lakh threshold and delivering major relief to earners in the ₹15–₹24 lakh segment. Price relief is expected across essentials, healthcare imports, personal-use imported goods, energy inputs, education-linked sectors, and manufacturing components due to customs exemptions and duty relaxations. WATCH