Author: anglo
During a rally in Jharkhand, Prime Minister Narendra Modi criticized the Congress and Jharkhand Mukti Morcha (JMM) for their treatment of tribals, raising questions about the exclusion of figures like Champai Soren. Source:- bbc news He highlighted that despite Champai Soren’s long-standing contributions to the JMM, he was disrespected, prompting him to join the BJP. Modi questioned, “Was Champai Soren not an Adivasi?” to emphasize the mistreatment of tribal leaders under the current government. He also pointed out that Sita Soren, another key tribal leader and a family member of the JMM founder, had been sidelined within her own party.…
The BJP has questioned why Delhi Chief Minister Arvind Kejriwal needs 48 hours to submit his resignation in the event of his arrest. BJP spokesperson Gaurav Bhatia asked, “What is the secret behind Kejriwal requiring 48 hours to resign?” This comes after Kejriwal announced that he would step down within two days if the Enforcement Directorate (ED) arrests him in connection with the liquor policy case. Source:- news 18 Bhatia pointed out that other AAP leaders, such as Satyendar Jain and Manish Sisodia, had been arrested on corruption charges, implying that Kejriwal’s potential arrest is no different. He further accused…
Alexis Vidal, Chief Commercial Officer of ATR, emphasized India’s significant potential in the regional aviation market during a recent interaction. He highlighted that India is one of the fastest-growing aviation markets in the world, making it an attractive destination for regional aircraft manufacturers. The country’s vast geography and the government’s focus on boosting connectivity to underserved areas align perfectly with ATR’s core mission of providing smaller, more efficient planes for regional routes. Source:- news 18 Vidal pointed out that ATR’s aircraft are well-suited to India’s diverse and challenging operating environments, from high-altitude airports to short and less-developed runways. The company’s…
Severe rainfall, the heaviest in decades, has devastated parts of central and eastern Europe, leading to the deaths of at least six people. This extreme weather has affected Austria, Poland, and Slovakia, causing widespread flooding, landslides, and infrastructural damage. Source:-bbc news In Austria, authorities confirmed two fatalities due to flood-related incidents, while Polish officials reported four deaths as torrential rain triggered landslides in the southern regions of the country. In Slovakia, rivers swelled, overflowing their banks and inundating roads and homes, prompting authorities to issue warnings and evacuate residents in vulnerable areas. Many towns have been submerged, with homes and…
A significant portion of oil production in the U.S. Gulf of Mexico has been temporarily halted due to the impact of a severe storm. Approximately 30% of oil output, equating to around 500,000 barrels per day (bpd), has been shut down, affecting the region’s energy production. The U.S. Bureau of Safety and Environmental Enforcement (BSEE) reported that operators evacuated 12 offshore platforms in anticipation of the storm, ensuring the safety of personnel and equipment. Source:- news 18 The Gulf of Mexico is a key hub for U.S. energy, accounting for about 15% of the nation’s crude oil production. As such,…
Prime Minister Narendra Modi, during a recent address, identified the infiltration of Bangladeshis and Rohingya Muslims into Jharkhand as a significant threat to the state’s security and stability. He emphasized the need for urgent measures to tackle this issue, which he believes could have wide-ranging consequences on the demographic, cultural, and economic fabric of the state. According to Modi, illegal immigration not only strains local resources but also poses a security risk, as it may contribute to rising tensions and law-and-order challenges. Source:- news 18 The Prime Minister’s comments come amid ongoing concerns about the impact of illegal immigration on…
Arvind Kejriwal, the Chief Minister of Delhi and the national convener of the Aam Aadmi Party (AAP), has announced his decision to step down as the head of the Delhi government. In his statement, Kejriwal emphasized that his resignation is not a retreat but a strategic decision, expressing confidence that he will return to power with a stronger people’s mandate. Source:- news 18 Kejriwal, who has been a central figure in Delhi’s political landscape for over a decade, stated that his resignation was driven by challenges that hindered his governance. He highlighted the constant conflicts with the central government and…
Melania Trump has reportedly expressed concerns over her husband, Donald Trump’s increasing closeness with far-right activist Laura Loomer. As Donald Trump continues his campaign for the 2024 Republican presidential nomination, his relationship with Loomer has allegedly raised red flags for the former First Lady. Sources suggest that Melania is wary of Loomer’s influence and her controversial background, fearing it could damage Donald’s public image and potentially cause strain in their marriage. Source:- news 18 Loomer, known for her extreme political views and for being banned from various social media platforms due to her inflammatory rhetoric, has been seen attending Trump…
The Indian government has made significant policy changes regarding the export of basmati rice and edible oil imports. In a key move, the government has removed the minimum export price (MEP) for basmati rice. This decision is expected to benefit basmati rice exporters, enhancing their competitiveness in global markets by removing price restrictions that may have hampered exports. Source:- bbc news The removal of the MEP on basmati rice follows months of deliberation and comes as a relief for exporters who had previously raised concerns that the price cap was limiting their ability to compete internationally. By removing this restriction,…
Veteran Communist leader Sitaram Yechury was paid heartfelt tributes at the CPI (M) headquarters in Delhi today. Yechury, a prominent figure in Indian politics, has been a dedicated member of the Communist Party of India (Marxist) for decades, playing a pivotal role in shaping the party’s ideology and strategy. Known for his articulate speeches, strong convictions, and tireless work for the working class, Yechury has been an influential leader in the Indian left-wing political spectrum. Source:- bbc news At the tribute ceremony, senior party members, activists, and supporters gathered to honor his contributions to both the CPI(M) and the nation’s…
A controversy erupted after a BJP MLA from Karnataka made inflammatory remarks targeting Congress leader Rahul Gandhi. The MLA, Basanagouda Patil Yatnal, questioned Gandhi’s religious identity, suggesting he was either “Muslim or Christian.” Yatnal’s comments came amid a larger political battle between the Congress and BJP in the state, with his remarks seen as an attempt to appeal to the Hindu vote base. Source:- bbc news The BJP leader’s statement has drawn widespread criticism from opposition parties and civil society, who condemned it as divisive and communal. Congress leaders hit back at Yatnal, accusing the BJP of indulging in identity…
Former world No. 1 Naomi Osaka has officially parted ways with her coach, Wim Fissette. The split marks the end of a successful collaboration that began in 2019, during which Osaka achieved significant milestones, including her second US Open title in 2020 and her fourth Grand Slam victory at the Australian Open in 2021. Source:- news 18 Fissette, a highly respected coach who has previously worked with top players like Kim Clijsters, Simona Halep, and Angelique Kerber, played a crucial role in Osaka’s development, helping her hone her game both mentally and physically. Under his guidance, Osaka became known for…
Diageo, the global alcoholic beverages leader, is making significant strides in the Indian market, reflecting a strategic shift towards premium offerings, strategic acquisitions, and bold innovations. Recognizing India’s burgeoning middle class and their increasing disposable income, Diageo is focusing on enhancing its premium product portfolio to cater to the evolving consumer preferences. Source:- news 18 Central to Diageo’s strategy is the expansion of its premium segment. The company is aggressively marketing its high-end brands, such as Johnnie Walker Blue Label and Tanqueray 10, tapping into the rising demand for luxury beverages among affluent Indian consumers. This move aligns with global…
In a significant escalation of tensions, Russian President Vladimir Putin has issued a stark warning to NATO, threatening “war” if the alliance continues to supply Ukraine with long-range missiles. Putin’s statement follows recent moves by NATO countries to provide Ukraine with advanced weaponry to aid in its defense against the ongoing Russian invasion. The Kremlin has repeatedly expressed concern over Western military aid to Ukraine, arguing that it undermines Russia’s security and stability in the region. Source:- BBC News The warning comes amid reports that Russia has expelled six British diplomats from Moscow in retaliation for the United Kingdom’s support…
The Kuki-Zo community held a massive rally in Manipur, marking one of the largest gatherings since violence erupted in the state earlier this year. Thousands of people, including women and children, took to the streets in multiple districts to demand justice, peace, and recognition of their community’s rights. The demonstrations were a show of solidarity against the ethnic violence that has led to widespread displacement and loss of lives among the Kuki-Zo people. Community leaders and participants used the occasion to call for immediate government intervention to ensure their safety and security. Source:- news 18 The rally, characterized by a…
In Manipur, marking one of the largest gatherings since violence erupted in the state earlier this year. Thousands of people, including women and children, took to the streets in multiple districts to demand justice, peace, and recognition of their community’s rights. The demonstrations were a show of solidarity against the ethnic violence that has led to widespread displacement and loss of lives among the Kuki-Zo people. Community leaders and participants used the occasion to call for immediate government intervention to ensure their safety and security. Source:- BBC News The rally, characterized by a sea of flags, banners, and traditional Kuki…
The Union Cabinet is set to convene for a crucial meeting today, amid significant political and legal developments. One of the key items on the agenda is expected to be the discussion of ongoing governance and economic matters. The Cabinet, chaired by Prime Minister Narendra Modi, will deliberate on various national issues, including economic reforms, policy implementation, and social welfare initiatives. The meeting comes at a time when several state governments are facing public scrutiny over various policy decisions, adding to the importance of today’s discussions. Source:- news 18 Simultaneously, the Supreme Court of India is scheduled to hear a…
The Ministry of Road Transport and Highways (MoRTH) is preparing to transition to Global Navigation Satellite System (GNSS) tolling across India. According to MoRTH Secretary, the government plans to invite bids for implementing this system in the last quarter of the financial year 2024. Source:- news 18 GNSS tolling, a satellite-based technology, will replace the existing system of toll plazas by enabling direct toll collection based on the distance covered by vehicles on national highways. This will involve installing GNSS-based devices in vehicles, which will track their movement and calculate toll charges accordingly. The move is aimed at reducing congestion,…
In Kolkata, the ongoing protests by junior doctors have escalated due to a recent rape-murder case. The doctors are demanding justice and are refusing to engage in negotiations with authorities unless their discussions are live-streamed. This stance is part of their broader movement to ensure transparency and public awareness about the case and its handling. Source:- news 18 The case in question involves the brutal rape and murder of a young woman, which has sparked widespread outrage across the city. The junior doctors, who have been at the forefront of the protests, argue that the live streaming of their discussions…
PM Modi Attends CJI Chandrachud’s Ganesh Aarti: Sanjay Raut Questions Chief Justice’s Impartiality Ahead of Sena vs Sena SC Hearing Prime Minister Narendra Modi’s recent attendance at Chief Justice of India (CJI) D.Y. Chandrachud’s Ganesh Aarti event has sparked a political debate, with Shiv Sena (UBT) leader Sanjay Raut raising concerns about the impartiality of the judiciary. This event took place just days before the scheduled Supreme Court hearing of the high-stakes Sena vs. Sena case, which involves a legal battle between the two factions of the Shiv Sena—one led by Uddhav Thackeray and the other by Maharashtra Chief Minister…
The United Nations has reported that an Israeli airstrike on a school in Gaza resulted in the deaths of six staff members. The incident, which occurred amid ongoing hostilities between Israel and Palestinian groups, has drawn international condemnation and calls for accountability. The school, operated by the UN Relief and Works Agency for Palestine Refugees (UNRWA), was being used as a shelter for displaced civilians during the conflict. Source:- news 18 According to UN officials, the strike occurred despite the school being clearly marked as a civilian facility and shelter. The organization has called for an independent investigation into the…
From September 17, 2024, the Indian government has mandated that all cross-border mergers involving Indian companies must receive prior approval from the Reserve Bank of India (RBI). This decision is aimed at tightening regulatory oversight and ensuring that such mergers align with India’s economic interests and financial stability. Source:- news 18 Under the new regulation, any cross-border merger — whether inbound, where a foreign company merges with an Indian entity, or outbound, where an Indian company merges with a foreign entity — will require RBI clearance. The RBI will evaluate these transactions to ensure they comply with India’s Foreign Exchange…
Bhavish Aggarwal, the founder of Ola Electric, recently shared his vision for Ola’s future and the company’s upcoming plans for going public. He expressed confidence in Ola Electric’s ability to dominate the electric vehicle market in India and beyond, stating, “Tesla is for the West, Ola is for the rest.” Aggarwal’s comment highlights his ambition to position Ola Electric as a global leader in sustainable transportation, particularly in emerging markets where affordability and accessibility are crucial. Source:-news 18 Aggarwal’s strategy for Ola Electric revolves around expanding its production capabilities and diversifying its product line. The company recently launched its S1…
During a recent visit to the United States, Indian opposition leader Rahul Gandhi made several claims about India’s political and social landscape, drawing significant attention. His statements ranged from allegations against the RSS (Rashtriya Swayamsevak Sangh) to comments on Sikh rights and Chinese influence. Source:- news 18 RSS and Hindu Nationalism: Gandhi accused the RSS of promoting Hindu nationalism and undermining India’s secular fabric. While the RSS is a Hindu nationalist organization, it’s essential to contextualize its influence within the broader spectrum of Indian politics. The RSS has been a significant force in Indian politics, particularly influencing the ruling Bharatiya…
The debate between Donald Trump and Kamala Harris, although hypothetical as they did not directly debate each other during the 2020 U.S. elections, would likely draw sharp focus on key issues like the economy and immigration. U.S. media outlets have a robust history of fact-checking political debates, closely scrutinizing the claims made by candidates to ensure accuracy. Source:- news 18 On the U.S. Economy: During the 2020 election debates, Trump frequently claimed that he had built the greatest economy in U.S. history prior to the COVID-19 pandemic. Media fact-checkers like The Washington Post and PolitiFact pointed out that while the…
In the 2024 U.S. presidential election, key issues such as the economy, immigration, healthcare, and abortion are at the forefront of candidates’ platforms, with differing priorities between Kamala Harris and Donald Trump. Donald Trump’s Stance: Trump’s campaign emphasizes economic issues, immigration, and law enforcement. His supporters prioritize the economy (93%), immigration (82%), and violent crime (76%). Trump is favored by his base for his economic policies, immigration reforms, and foreign policy approaches. He maintains a lead over Harris regarding voter confidence in handling these issues, particularly among Republican and conservative-leaning voters. Source:- news 18 Kamala Harris’s Stance: Harris focuses…
Rahul Gandhi, a prominent leader of the Indian National Congress, has frequently been criticized for his rhetoric abroad, which some argue damages India’s global image. His recent comments in various international forums have sparked debates over whether his statements serve the nation or merely fuel political narratives that cast India in a negative light. Source:- news 18 Gandhi’s speeches often highlight issues such as religious intolerance, human rights violations, and democratic backsliding, portraying India as a country struggling under authoritarian governance. While he claims these remarks are intended to draw attention to critical issues and hold the government accountable, critics…
Essar Energy Transition (EET) and SSE have partnered to develop a 40 MW green hydrogen facility at Essar’s Stanlow Manufacturing Complex in the UK. This facility aims to produce low-carbon hydrogen by leveraging renewable energy sources, aligning with the UK’s target of achieving net-zero emissions by 2050. Source:- news 18 The new facility is a significant component of Essar’s broader energy transition strategy, which includes a commitment to investing $2.4 billion in various low-carbon energy projects over the next five years. It will be located within the HyNet North West industrial cluster, one of the UK’s leading hydrogen and carbon…
The Congress party has raised allegations against Madhabi Puri Buch, the current Chairperson of the Securities and Exchange Board of India (SEBI), accusing her of profiting significantly through insider trading activities involving several major listed companies. According to the Congress spokesperson, Buch is claimed to have made substantial profits, amounting to crores, from her involvement with companies such as Mahindra & Mahindra (M&M), ICICI Bank, Dr. Reddy’s Laboratories, and three other listed firms. Source:- news 18 The allegations center around Buch’s purported use of Agora, an investment platform, to engage in trades that reportedly leveraged privileged information for personal gain.…
Turkey’s recent bid to join the BRICS bloc, composed of Brazil, Russia, India, China, and South Africa, is seen by analysts as both a strategic and symbolic move. The Turkish government, under President Recep Tayyip Erdoğan, is looking to diversify its geopolitical alliances amidst rising tensions with the West and its NATO partners. By aligning with the BRICS nations, Turkey aims to balance its foreign policy, which has increasingly leaned toward non-Western powers. Source:- news 18 Strategically, joining BRICS offers Turkey a chance to enhance its economic and diplomatic leverage on the global stage. The bloc, which represents a significant…
Harvey Weinstein, the disgraced Hollywood producer convicted of sexual assault and rape, is currently in intensive care following an emergency heart surgery. The procedure, performed recently, was prompted by a sudden and severe cardiac issue that required immediate medical intervention. Emergency Health Situation: Weinstein’s health crisis unfolded rapidly, leading to his hospitalization and subsequent emergency surgery. Reports indicate that the surgery was necessary due to a critical heart condition, though specific details about the nature of the surgery or the exact diagnosis have not been disclosed publicly. Given the seriousness of the condition, Weinstein has been placed in the intensive…
The Eknath Shinde-led Shiv Sena has taken a significant step towards the upcoming Maharashtra assembly elections by proposing to contest 107 seats. This move comes as part of the ongoing alliance negotiations with the Bharatiya Janata Party (BJP), which is a key partner in the state government. The proposal reflects the Shiv Sena’s intention to strengthen its position within the ruling alliance and secure a substantial share of the electoral landscape. Source:- news 18 Strategic Expansion: The decision to target 107 seats is strategically significant, signaling the Shiv Sena’s ambition to expand its influence in Maharashtra’s political arena. By contesting…
The global copper industry is witnessing a shift as domestic copper mining operations face increasing challenges, leading to a surge in imports. Key factors contributing to this trend include regulatory hurdles, environmental concerns, and escalating production costs, which have slowed down mining activities. In many countries, the permitting process for new mining projects has become more stringent due to heightened scrutiny on environmental impacts, while existing mines are experiencing declining ore grades, making extraction more expensive and less profitable. Source:- news 18 As a result, domestic copper producers are now looking abroad to secure their supply chains. Overseas assets in…
Kate Middleton, the Princess of Wales, is reportedly preparing for a new chapter in her royal duties. After years of supporting causes related to mental health, early childhood development, and environmental conservation, she may be looking to expand her role further within the royal family. Royal insiders suggest that Kate could be set to step up in various capacities, particularly as the monarchy continues to adapt to a rapidly changing world. Source:- news 18 This potential shift comes at a time when the royal family is focusing on streamlining its operations, with a renewed emphasis on core members taking on…
Mario Draghi, the former President of the European Central Bank (ECB), widely known as “Super Mario” for his decisive actions during the Eurozone crisis, has proposed a radical economic overhaul to address Europe’s current economic challenges. Draghi’s plan is based on his experience steering Europe through one of its toughest financial periods, where his leadership and policies, such as the introduction of quantitative easing, played a crucial role in stabilizing the Eurozone. Source:- news 18 Draghi argues that Europe is at a crossroads, facing slowing growth, high inflation, and increasing geopolitical uncertainty. To counter these challenges, he advocates for a…
Amid the collapse of the alliance talks between the Aam Aadmi Party (AAP) and the Congress in Haryana, AAP has released its first list of 20 candidates for the upcoming Haryana Assembly elections. The breakdown of this list shows AAP’s strategy to target constituencies where they perceive a significant chance of making inroads. Source:- news 18 AAP has strategically selected candidates with a mix of local influence, experience, and a clean image to appeal to the voters. The list includes prominent names like Anurag Dhanda, who will contest from the Karnal constituency, a key battleground seat currently held by the…
Union Home Minister Amit Shah has stepped into the ongoing seat-sharing negotiations between the Bharatiya Janata Party (BJP) and its allies in Maharashtra. With state elections on the horizon, the BJP’s alliance with the Shiv Sena (Shinde faction) and the Nationalist Congress Party (Ajit Pawar faction) is crucial to securing a majority. However, differences over seat allocation have emerged, with both allies demanding a larger share of seats than the BJP is currently willing to concede. Source:- news 18 As the chief strategist and troubleshooter for the BJP, Shah’s intervention aims to smooth over these disagreements and ensure a united…
Ola Electric’s shares have recently fallen by 34% from their record high levels, prompting investors to question whether this is an opportunity to enter or if more downside is possible. Several factors need to be considered to determine the best course of action. Firstly, it’s important to analyze the reasons behind the recent decline. The drop in share price may have been driven by broader market corrections, negative sentiment towards the electric vehicle (EV) sector, or specific concerns about Ola Electric’s performance, such as production delays, supply chain issues, or regulatory hurdles. Understanding the root cause of the decline is…
Former President Donald Trump recently declared that “no boxes or artificial lifts will be allowed” during the upcoming Republican primary debate, referring to an ongoing controversy over whether candidates should use any physical enhancements, such as boxes to stand on or lifts in their shoes, to appear taller on stage. Trump’s comments come amidst heightened scrutiny of the visual dynamics and optics of the debate stage, where every detail can influence public perception. Source:- news 18 The statement was made in response to speculations that some candidates might seek to manipulate their height or presence to gain an advantage during…
As violence continues to escalate in Manipur, Chief Minister N. Biren Singh held a meeting with the state’s MLAs to discuss the ongoing crisis and seek a resolution to the growing casualties. The clashes, primarily between the Meitei and Kuki communities, have resulted in numerous deaths and injuries, creating a severe humanitarian situation that has drawn national and international concern. Source:- news 18 The Chief Minister met with the MLAs to assess the situation on the ground and devise strategies to restore peace and order in the state. Discussions reportedly focused on enhancing security measures, deploying additional paramilitary forces, and…
The Union Cabinet is scheduled to meet today to discuss several pressing issues. Among the expected topics are economic policies, infrastructure projects, and potential legislative measures aimed at boosting development and welfare across the country. While the specific agenda of the meeting has not been disclosed, it is anticipated that significant decisions could be taken in light of recent economic challenges and geopolitical developments. Source:- news 18 Simultaneously, the Supreme Court is set to hear a plea concerning what has been termed ‘bulldozer justice.’ This refers to the controversial practice of demolishing properties allegedly linked to illegal activities or encroachments…
Kerala’s significant improvement in the Business Reforms Action Plan (BRAP) rankings is attributed to the state’s digitalization initiatives and robust reforms, according to Industry Minister P. Rajeeve. Kerala jumped 11 spots in the latest BRAP rankings, reflecting its growing appeal as a business-friendly destination. Source:- news 18 The BRAP rankings, released by the Department for Promotion of Industry and Internal Trade (DPIIT), assess states based on the implementation of reforms aimed at enhancing the ease of doing business. Kerala’s recent surge in rankings is a direct result of the government’s focused approach towards simplifying regulatory processes, promoting transparency, and integrating…
IKEA India is making strides in its food offerings by sourcing the entire menu locally. This move is part of IKEA’s global commitment to sustainability and supporting local communities. The approach reflects IKEA India’s goal to connect more closely with local customers and celebrate Indian culinary traditions while maintaining affordability and quality. Source:- news 18 By sourcing ingredients locally, IKEA is reducing its carbon footprint associated with long-distance food transportation, supporting local farmers, and ensuring fresh, high-quality produce for its restaurants. This local sourcing strategy also enables IKEA to offer more authentic Indian flavors, aligning its menu with regional tastes…
The recent surge in onion prices has put the Indian government on high alert, particularly as multiple state elections are approaching. The Centre is wary of the potential political fallout from the sharp increase in onion prices, given that this essential commodity plays a crucial role in household budgets across the country. Historically, spikes in onion prices have triggered public anger and even influenced electoral outcomes. Source:- news 18 Currently, onion prices have risen sharply due to supply disruptions caused by unseasonal rains in key producing states like Maharashtra, Karnataka, and Madhya Pradesh. As a result, wholesale prices have doubled,…
India has strongly dismissed China’s claims over Arunachal Pradesh, labeling them as “absurd and baseless.” The Indian government reaffirmed its sovereignty over the region, stating that Arunachal Pradesh has always been and will remain an integral part of India. This response comes after China recently released a new map asserting its territorial claims over the northeastern Indian state. Source:- news 18 India’s Ministry of External Affairs (MEA) condemned China’s actions, emphasizing that such attempts to distort geographical facts and encroach upon India’s sovereignty are unacceptable. The MEA spokesperson also reiterated that the region’s status is not up for negotiation, citing…
A Brazilian investigation is underway to determine whether ice buildup on an aircraft was a contributing factor in a recent plane crash that resulted in the deaths of 62 people. The incident, involving a regional jet operated by a local carrier, took place during a routine flight from São Paulo to Rio de Janeiro. Preliminary findings suggest that the aircraft encountered severe weather conditions, including freezing temperatures and heavy rain, shortly before losing contact with air traffic control. Source:- news 18 Investigators from Brazil’s National Civil Aviation Agency (ANAC) and the Aeronautical Accident Investigation and Prevention Center (CENIPA) are focusing…
The Bharatiya Janata Party (BJP) is currently grappling with internal dissent following the release of its candidate list for the upcoming Haryana Assembly elections. The party’s decision to finalize its list has sparked unrest among certain factions, leading to a significant revolt within its ranks. Several party leaders and supporters have voiced their discontent over the selection process, alleging favoritism and a lack of transparency. Source:- news 18 The release of the candidate list, which includes both new faces and incumbents, has been met with mixed reactions. Some members of the party feel that their long-standing contributions and loyalty were…
Godfrey Phillips India Ltd., a leading player in the tobacco and consumer products industry, has announced that its board of directors will meet on September 14, 2024, to consider a proposal for a 2:1 bonus issue. This means shareholders will receive two additional shares for every one share they hold. The news triggered a significant market response, with the company’s shares jumping over 9% during early trading hours. Source:- news 18 A bonus issue, a common corporate action, involves the issuance of additional shares to existing shareholders without any extra cost, based on the number of shares they already own.…
According to a report by the State Bank of India (SBI), the Reserve Bank of India (RBI) is expected to diverge from other major central banks and maintain its current monetary policy stance until the end of the fiscal year 2025. This prediction comes amid global monetary tightening, with central banks in advanced economies, like the U.S. Federal Reserve and the European Central Bank, continuing to raise interest rates to combat persistent inflation. Source:- news 18 The SBI report highlights that the RBI’s decision to maintain a status quo is driven by several domestic factors. India’s inflation, while elevated, is…
The Bharatiya Janata Party (BJP) has demanded answers from the West Bengal government regarding a case involving the alleged rape and murder of a 28-year-old doctor in Kolkata. The incident has sparked outrage, with the BJP questioning the state’s handling of the case and accusing it of attempting to cover up the crime. The victim, a junior doctor working in a private hospital, was found dead in her flat in the city’s Anandapur area on August 17. Her body showed signs of severe injuries, raising suspicions of sexual assault before murder. Source:- news 18 BJP leaders have raised concerns over…