A father, whose son was killed during police firing on August 5, filed a complaint with Bangladesh’s International Crimes Tribunal against former PM Sheikh Hasina and eight others. The complaint accuses them of crimes against humanity and genocide. The boy, Alif Ahmed Siam, succumbed to his injuries on August 7. The tribunal was established...
Read MorePublic and private mining companies in India faced Rs 1.5 lakh crore arrears after the Supreme Court allowed states to collect royalty and tax on mineral-bearing land retrospectively from April 1, 2005. This judgement has significant implications for sector investment prospects, bottomlines, and may lead to increased power tariffs as financial liabilities impact company...
Read MoreThe government appointed Govind Mohan as the new home secretary, replacing Ajay Bhalla. Mohan, who has experience in the home and finance ministries, will face challenges including the situation in J&K, implementing new criminal laws, and conducting the pending census. Managing the influx from Bangladesh due to current tensions is also a priority.
Read MoreThe Supreme Court issued a directive for mining companies and mineral users to pay backdated royalty and taxes on mineral-bearing land to states from 2005. The arrears, payable over 12 years, will exclude interest and penalties. This follows an eight-to-one ruling allowing states to levy these charges, overruling a prior 1991 decision.
Read MoreColonel Manpreet Singh and DSP Humayun Muzzammil Bhat, who sacrificed their lives battling terrorists in Anantnag, were awarded the Kirti Chakra on Independence Day. Posthumous recipients include Rifleman Ravi Kumar. Major Aashish Dhonchak and Sepoy Pardeep Singh received the Shaurya Chakra. In total, 103 gallantry medals were awarded, recognizing outstanding bravery in various operations.
Read MoreThe Reserve Bank of India proposed risk-based pricing for bank deposit insurance to encourage stronger risk management. This move addresses concerns that stressed banks could face rapid withdrawals driven by digital channels and social media. Currently, deposit insurance covers up to Rs 5 lakh per depositor when a bank fails.
Read MoreIsro used the SSLV-D3 to launch the EOS-8 satellite on August 16, marking the third and final development flight from Sriharikota. If successful, this will enable operational missions by Indian industry and NSIL. EOS-8, designed for Earth observation, carries advanced payloads for surveillance, disaster monitoring, and environmental observation for a year-long mission in low...
Read MoreThe Supreme Court stayed NCLAT’s order approving Byju’s payment of Rs 158.9 crore to BCCI, following solicitor general Tushar Mehta’s protests. BCCI was instructed to deposit the money in an escrow account. Senior advocate Shyam Divan highlighted that numerous claims were pending against Byju’s, signaling financial distress affirming the need to revisit insolvency proceedings.
Read MoreIn her Independence Day address, President Droupadi Murmu emphasized the importance of strengthening affirmative action for inclusion, highlighted government measures for marginalized communities, and called for rejecting divisive tendencies. She also addressed gender and climate justice and reflected on partition’s human tragedy while commending India’s election process as a global democratic model.
Read MoreIndia’s hockey legend PR Sreejesh decided to retire after the Paris Olympics, marking his farewell with a second consecutive Olympic bronze medal. Hockey India honored him with a ceremony and retired his No. 16 jersey for the senior team. Sreejesh will now serve as the head coach of India’s junior men’s hockey team.
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