Police swiftly arrested Umar Asif Shaikh and Ashma Shaikh after they allegedly pranked Salim Khan, father of actor Salman Khan, by invoking the name of gangster Lawrence Bishnoi at Bandra promenade. The duo was apprehended within 14 hours and charged with public nuisance and criminal acts. This follows recent security concerns for the Khan...
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Finance Minister Nirmala Sitharaman advised banks to utilize digital footprints from UPI to grow their balance sheets. She highlighted UPI’s international usage and emphasized adopting technology for risk mitigation and improved customer service. Sitharaman also urged banks to support businesses under stress rather than waiting for them to collapse.
Read MoreThe US Federal Reserve’s decision to cut interest rates by half a percentage point is expected to positively influence the Indian economy by attracting foreign investments, stabilizing the rupee, and boosting stock markets. Although it may not significantly affect capital flows immediately, it could lower borrowing costs and encourage investment. Economists predict RBI might...
Read MoreThe Financial Action Task Force has acknowledged India’s efforts but called for reducing pending money laundering cases and significant changes in prosecuting terror financing. The report highlights threats from extremist groups and stresses the need for better regulation of non-profits to prevent their misuse for terrorist financing.
Read MoreThe Supreme Court has denied Vodafone Idea and Bharti Airtel’s curative petition seeking a re-calculation of adjusted gross revenue (AGR) dues totaling over Rs 1 lakh crore. The companies are required to pay the amount by March 31, 2031. Vodafone Idea owes nearly Rs 70,000 crore in AGR dues, while Airtel owes around Rs...
Read MoreA wave of explosions in Lebanon over two days targeted Hezbollah militants through pagers and walkie-talkies that detonated unexpectedly. Attributed to Israel’s Mossad, the attacks killed at least 30 people and injured thousands. This operation exposed vulnerabilities in Hezbollah’s reliance on imported technology and may signal further conflict. As Lebanon grapples with this latest...
Read MoreIndia has extended financial assistance to the Maldives by rolling over a $50 million Treasury Bill for another year at the Maldivian government’s request. This marks the second such extension this year, highlighting India’s commitment to its key maritime neighbor under its ‘Neighbourhood First’ policy and Vision SAGAR.
Read MoreBengal CM Mamata Banerjee accused Damodar Valley Corporation (DVC) of flooding 11 south Bengal districts by releasing water from reservoirs, prompting her to seal the border with Jharkhand. This move led to a retaliatory threat from Jharkhand’s JMM party to block goods trucks heading to Bengal, escalating tensions between the states.
Read MorePM Modi accused Congress and National Conference of aligning with Pakistan’s agenda after Pakistan’s defence minister endorsed their demand to restore Articles 370 and 35A. Modi emphasized that no power could reinstate Article 370 in Jammu & Kashmir. Home Minister Amit Shah also criticized Congress for sharing similar intentions with Pakistan.
Read MoreThe Jharkhand government has moved the Supreme Court for contempt action against the Centre due to delays in appointing Justice M S Ramachandra Rao as Chief Justice. Despite a recommendation from the SC collegium on July 11, the position has been vacant since July 19, prompting legal action from Jharkhand.
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