 "Byju’s Bankruptcy Drama: Lenders’ Fight for 3 Million Amid Allegations")
Byju’s, the education technology company, is facing major financial challenges as US lenders push for over $1.2 billion in repayments amid ongoing insolvency proceedings in India. A court official in India removed these lenders from a key creditors committee, hampering their influence in the repayment plan. The lenders accused the official, Pankaj Srivastava, of unfair ...
 "Home Prices Soar Amid Tight Supply and Falling Mortgage Rates in 2024")
A recent Reuters poll suggests that average home prices in the U.S. are expected to rise by 5.4 percent in 2024, with further increases projected for the following years. The forecast is influenced by anticipated drops in mortgage rates, which could improve affordability for buyers. However, tight housing supply continues to pressure the Market, making ...
 "IAEA Chief Warns of Nuclear Crisis Amid Renewed Attacks in Ukraine")
Rafael Grossi, the head of the International Atomic Energy Agency (IAEA), stated that the situation at the Zaporizhzhia Nuclear Power Plant in Ukraine is very fragile due to recent attacks in the area. During his visit to Ukraine, he emphasized the importance of securing critical electricity supplies for the power plant, which has experienced several ...
 "Addressing Immigrant Concerns: Bold Conversations in a Politically Correct World")
High immigration and demographic changes are pressing issues that deserve open discussion, despite the challenges posed by political correctness, writes R Jagannathan. The recent excitement surrounding the SME IPO of Resourceful Automobile reflects a phase of irrational exuberance in the primary Market, cautioning retail investors to stay vigilant. As history shows, momentum can persist until ...
 "India’s Energy Market Soars: Prices Plummet Amid Renewable Revolution")
In August 2024, the Indian Energy Exchange (IEX) reported a significant rise in total trade volume, increasing by 35.8% year-on-year to reach 12,040 million units. Electricity trading also grew, with a 17.1% rise to 9,914 million units. The Market Clearing Price in the Day-Ahead Market dropped 38% to Rs 4.28 per unit, while the Real-Time ...
 "Supreme Court Faces West Bengal’s Defiance Amid Doctor’s Brutal Murder Outcry")
The Central Government has approached the Supreme Court, accusing the West Bengal government of “unpardonable” non-cooperation in supporting the CISF’s security efforts at RG Kar Medical College, following the tragic rape and murder of a trainee doctor. The Home Ministry claims that the state government’s actions indicate a systemic issue and is seeking action against ...
 "Espionage Unveiled: Chinese Firms Target Taiwan’s Tech Secrets Amidst Raids")
Taiwan’s Ministry of Justice Investigation Bureau has uncovered illegal operations by Chinese companies in Taiwan, aimed at stealing business secrets and recruiting local tech talent. Following coordinated raids on eight suspected firms, the investigations revealed a network funded by Chinese state-run organizations, targeting critical areas like semiconductor technology, 5G, satellite communication, and green energy. One ...
 "ONDC Triumphs: Revolutionizing E-Commerce, Empowering 6 Lakh Indian Sellers!")
The Open Network for Digital Commerce (ONDC), an initiative by the Indian government, has been recognized with a gold award for its innovative use of emerging technologies. Aimed at enhancing e-commerce, ONDC supports over 6 lakh sellers across India, promoting small businesses, artisans, and entrepreneurs to thrive in the digital marketplace. The platform facilitates over ...
 "Tragedy Strikes: 13 Migrants Dead in Devastating English Channel Boat Accident")
A tragic boat accident in the English Channel has claimed the lives of 13 migrants, according to the mayor of a coastal town in France. The incident occurred when the migrants’ boat suffered a catastrophic failure, with the bottom ripping open, leading to dozens of individuals plunging into the perilous waters. Olivier Barbarin, the mayor ...
 "Health Scandal Unfolds: Arrests Follow Medic’s Shocking Death in Bengal")
The West Bengal health department has suspended Sandip Ghosh, the former principal of RG Kar Medical College and Hospital, following his arrest by the CBI for alleged financial misconduct. This action comes about a month after the body of an on-duty woman doctor was discovered in the hospital, raising concerns about possible links between her ...
