Afghanistan’s Taliban has announced a gradual ban on news media publishing images of living beings, citing Islamic law. While full enforcement is pending, some provinces have started adapting. Media professionals face increased restrictions, and the media workforce has significantly declined since the Taliban took power. Read More
Baba Siddique, a former Maharashtra minister, was assassinated with six gunshots outside his son Zeeshan’s office in Mumbai. Suspects, including two from Uttar Pradesh and one from Haryana, were arrested. The search for the mastermind and other culprits continues, as security and political reactions escalate. Read More
Starting January, the Indian government will mandate hallmarking for all gold bullion, including imports, ensuring adherence to purity standards. Exceptions will be made for bullion used by jewellers for their own productions. Current assaying and hallmarking centres will be used for verification. Read More
Nearly a third of positions at the National Company Law Tribunal remain unfilled, impacting the government’s insolvency reform initiative. This shortage has led to operational inefficiencies, delaying insolvency resolutions significantly. The average resolution time has surged to 716 days, far exceeding the 270-day deadline, posing challenges for corporate insolvency processes. Read More
Retail inflation in New Delhi rose to a 9-month high of 5.5% in September, driven by a sharp increase in food prices like vegetables, edible oils, and pulses. This surge in inflation dampens hopes for an interest rate cut, despite the RBI’s recent policy shift to a neutral stance. Read More
New Zealand’s 54-run win over Pakistan in Dubai secured their spot in the Women’s T20 World Cup semifinals and knocked India out of the tournament. Despite Pakistan’s efforts to contain New Zealand to 110 for six, their batting collapsed, getting all out for 56. New Zealand secured their first semi-final spot since 2016. Read More
RBI governor Shaktikanta Das has warned of risks associated with excessive reliance on AI and machine learning in banking, highlighting potential market concentration, systemic instability, and increased cyber vulnerabilities. He urged banks to implement adequate risk mitigation measures. Das also proposed expanding India’s real-time gross settlement system to include major trade currencies like the... Read More
