In the Tamil Nadu Assembly, the Kallakurichi hooch tragedy, which has resulted in 53 deaths, was a focal point for the second consecutive day. The opposition AIADMK staged a walkout over the issue, demanding a CBI inquiry. In response, the ruling DMK criticized AIADMK for politicizing the matter and emphasized the government's transparency. Law Minister S Regupathy asserted that a CBI inquiry was unnecessary, stating that the government had been forthcoming and had nothing to hide.
Sri Lanka's President Ranil Wickremesinghe expressed gratitude for India's financial support of USD 3.5 billion, helping the country survive an economic crisis. Wickremesinghe emphasised a strong partnership with India, focusing on sustainable energy projects and infrastructure development. Sri Lanka recently declared its first-ever sovereign default, but is working on debt restructuring with international organisations. Wickremesinghe is optimistic about the country's economic recovery.
Lawrence A. Cunningham advocates that quality-focused, long-term investing is crucial for success but challenging due to resisting short-term gains, standing by long-term decisions, and avoiding potential capital losses from mistakes.
With the Amarnath Yatra just a week away, Jammu and Kashmir Lieutenant Governor Manoj Sinha emphasized tightened security measures and improved facilities to ensure a successful pilgrimage. Security officials reviewed arrangements along the Jammu-Srinagar highway, while Sinha highlighted the commencement of 'darshan' for pilgrims on June 29.
A tribunal under the Unlawful Activities (Prevention) Act confirmed the Centre's decision to impose a five-year ban on the Muslim League Jammu Kashmir (Masarat Alam faction) and Tehreek-e-Hurriyat, Jammu and Kashmir. The tribunal, constituted by Delhi High Court judge Sachin Datta, assessed the "sufficient cause" behind the ban.
Kannada actor Darshan Thoogudeepa and four alleged accomplices were remanded to judicial custody in the Renukaswamy murder case till July 4. The actor had been in police custody since June 11. Renukaswamy, a fan of the actor, was reportedly murdered after sending obscene messages to the actor's friend, Pavithra Gowda, according to police sources.
Inox Green Energy Services Limited plans to raise funds through preferential allotment and warrant issuance in a board meeting on June 26, aiming to acquire Rs 1000 crore for future ventures.
Rail Vikas Nigam Limited (RVNL) secured a Rs 191.53 crore contract from South Eastern Railway for a 132 KV traction substation project. The project aims to support a 3000MT loading target on the Raj Khaswan, Nayagarh-Bol section within 18 months. RVNL, a PSU under the Ministry of Railways, reported a 33.16 per cent profit increase in Q4FY24, with revenues rising by 17.38 per cent. Its stock price surged by 5.77 per cent on June 21, 2024.
Union Budget: Finance Minister Nirmala Sitharaman emphasised the Centre's commitment to supporting states through timely tax devolution and GST compensation arrears to boost economic growth during a pre-budget meeting with state finance ministers. She encouraged states to utilize the 50-year interest-free loan scheme for reforms. States appreciated the assistance and provided suggestions for the upcoming Union Budget, with specific requests for projects and allocations.
The repair work by the Mumbai Metropolitan Region Development Authority (MMRDA) is underway on the approach road connecting Atal Setu in Maharashtra's Mumbai.. Project Head Kailash Gantra said that the repair work will be completed by this evening.
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India appears to be adopting a tougher stance towards China, with Prime Minister Modi set to attend the Shanghai Cooperation Organisation (SCO) meeting in Kazakhstan in July. Recent developments suggest a hardening of India's posture against China, including refusing to resume direct passenger flights and engaging with Taiwan, signaling a shift in India's approach.
The Indian government has procured nearly 71,000 tonnes of onion this year for buffer stock, out of a total target of 5 lakh tonnes for price stabilisation. The all-India average onion retail price is Rs 38.67 per kg, while the modal price is Rs 40 per kg. The government is on course to achieve targeted procurement of 5 lakh tonnes for price stabilisation. The procurement price is dynamic and linked to prevailing market prices.
The Bihar Police's Economic Offences Unit investigating the alleged NEET-UG paper leak case has obtained reference question papers, planning to compare them with documents recovered from a flat in Patna. The EOU is considering narco analysis and brain mapping tests for arrested suspects. The Enforcement Directorate may probe money laundering aspects. Top EOU officials will discuss the probe with the Union Education Ministry. Former DGP Abhayanand suggests the case be probed under the PMLA due to potential black money involvement.
The Uttar Pradesh government has extended the rehabilitation package for housing project developers facing insolvency proceedings by two weeks. The package offers incentives such as interest waivers and penalties during the pandemic in exchange for withdrawing cases with the NCLT or courts. The package aims to assist developers like Supertech, ATS, and Logix Group who have stalled projects and owe significant dues.
The Ministry of Education has constituted a high-level committee led by former ISRO chairman Dr. K. Radhakrishnan to address issues with the National Testing Agency (NTA) due to lapses in multiple examinations, focusing on reforming the examination process and improving data security protocols.
While the government’s decision to push for policies which help in increasing rural incomes has been in place for some time. But given the fact that any change in the rural income matrix is a time consuming process, there can be a mismatch of expectations and times. There is a high probability that in the coming years there could be more policy push to increase rural incomes. Yes, the reason could be that the government wants to get its political capital back. Whatever might be the reason, the stakeholders... Читать дальше...
Indian tennis star Sumit Nagal has officially qualified for the men's singles event of the upcoming Paris Olympics, marking his second stint in the Olympics after qualifying for the 2020 Tokyo Games. Nagal, who previously qualified for the Tokyo Games, is excited to put his best foot forward. The All India Tennis Association (AITA) paired him with Rohan Bopanna for the men's doubles event.
After a long, hot summer, Mumbai residents will soon be complaining about the waterlogging and traffic chaos that the rains in Mumbai generally bring with them, even as they exult in the rains.
Matthew Baltzell, CEO of Cap X Media, faced a social media backlash after posting about firing an employee on LinkedIn. His 10-minute meeting with the employee, offering a severance package and a future reference, was seen as both professional and insensitive by different users. While some praised his transparency, others criticized his approach as tone-deaf and unprofessional. Baltzell emphasized the importance of handling exits with respect and maintaining a positive company culture.
Opposition leaders nominated to the panel of chairpersons to assist the pro tem Speaker are considering not accepting the positions, following opposition parties objecting to the appointment of Bhartruhari Mahtab as the pro tem Speaker. Mahtab, a BJP member from Cuttack, Odisha, was appointed by President Droupadi Murmu under Article 95(1) of the Constitution.
India and Bangladesh are set to face each other in their second Super Eight stage match at the Sir Vivian Richards Stadium on Saturday. India has secured a 47-run victory over Afghanistan in their first Super Eight game in Barbados and now faces the challenge of excelling in Antigua, where scores of 150 and above have been recorded four times.
Tata Steel plans to shut down its blast furnaces in the UK earlier than scheduled due to a potential indefinite strike by workers protesting against job losses. The company cites operational instability and unsustainable losses as reasons for the closures. The strike, set to begin on July 8, involves around 1,500 workers and aims to halt Tata's plans. Tata Steel is transitioning to an electric arc furnace to reduce carbon emissions, with a significant investment and support for impacted employees.
