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The Finance Ministry pushes for quicker debt resolution, targeting persistent low-value cases to declog Debt Recovery Tribunals.

The Finance Ministry pushes for quicker debt resolution, targeting persistent low-value cases to declog Debt Recovery Tribunals.

The Union Finance Ministry is urging banks and Debt Recovery Tribunals (DRTs) to engage with borrowers outside of formal proceedings to tackle the backlog of cases. Many small-value cases are significantly clogging the system, with 75 percent of pending cases between Rs 20 lakh and Rs 1 crore. To streamline the process, the ministry recommends ...

Market News

Tragic NIT Patna Suicide Sparks Outrage: Students Demand Answers, But Does Anyone in Power Even Listen?

A tragic incident occurred at the National Institute of Technology (NIT) Patna, where a second-year student named Pallavi Reddy was found dead in her hostel room. She was discovered hanging from a ceiling fan, prompting immediate action from local police. District police confirmed the details and have launched an investigation, planning to question the hostel ...

Market News

Atishi Marlena, Delhi’s new CM, vows to thwart BJP conspiracies and restore Arvind Kejriwal’s leadership after upcoming elections.

Atishi Marlena, Delhi’s new CM, vows to thwart BJP conspiracies and restore Arvind Kejriwal’s leadership after upcoming elections.

Atishi Marlena has officially taken over as the Chief Minister of Delhi, marking a significant moment for the Aam Aadmi Party (AAP). In her first address, she criticized the Bharatiya Janata Party (BJP) for allegedly conspiring against her predecessor, Arvind Kejriwal, and urged Delhi residents to support Kejriwal in the upcoming Assembly elections to continue ...

Market News

Women Unsafe Even in Police Stations: Patnaik Calls Out Odisha’s Law and Order Crisis Amid BJP’s Broken Promises.

Naveen Patnaik, the leader of the opposition BJD in Odisha, has raised serious concerns about women’s safety, stating that they are not even safe inside police stations. This statement comes after a shocking incident where a woman reported sexual assault in police custody. While speaking to party leaders in Bhubaneswar, Patnaik criticized the poor law ...

Market News

Rahul Gandhi Questions BJP’s ‘Truth’ After Controversial US Remarks on Sikh Rights: Politics or Genuine Concern?

Rahul Gandhi, the Leader of Opposition in the Lok Sabha, criticized the ruling BJP for misrepresenting his comments about the Sikh community during his recent visit to the United States. On social media, he invited Sikhs in India and abroad to consider whether there was anything wrong with his statements about practicing religion freely in ...

Market News

The NCLAT dismissed the state tax department’s dues claim against Reliance Communications, upholding an earlier ruling amid insolvency proceedings.

The NCLAT dismissed the state tax department’s dues claim against Reliance Communications, upholding an earlier ruling amid insolvency proceedings.

The National Company Law Appellate Tribunal (NCLAT) has dismissed a petition from the state tax department seeking dues from Reliance Communications (RCom). The appeal was based on claims made after RCom entered the corporate insolvency resolution process in June 2019. The NCLAT upheld an earlier decision by the Mumbai bench of the National Company Law ...

Market News

Kejriwal’s Bungalow Dilemma: From ‘Aam Aadmi’ to Seeking Government Perks—Political Irony Unfolds!

The Aam Aadmi Party (AAP) has requested the Union government to provide Arvind Kejriwal, former Chief Minister of Delhi and current national convenor of AAP, with a government accommodation. Despite his resignation, party officials argue that this is essential for effective operations, as Kejriwal does not own a home. They emphasized that this request is ...

Market News

Lebanon faces escalating chaos as devastating explosions from wireless devices claim lives, sparking urgent UN intervention amidst rising tensions.

Lebanon faces escalating chaos as devastating explosions from wireless devices claim lives, sparking urgent UN intervention amidst rising tensions.

The situation in Lebanon has escalated dramatically, leading the United Nations Security Council to hold an emergency meeting following deadly Israeli airstrikes in Beirut. The strikes targeted a senior Hezbollah military leader and resulted in significant civilian casualties and damage. Recent explosions of wireless communication devices, including pagers and walkie-talkies, have tragically killed at least ...

Market News

India’s Economic Divide: Southern Success vs. Northern Stagnation—Can Leadership Learn from the Growth Playbook?

A recent report from the Prime Minister’s Economic Advisory Council highlights significant regional differences in India’s development since the 1960s. Southern states like Karnataka and Telangana have thrived post-liberalization, becoming economic powerhouses, while states like West Bengal, Uttar Pradesh, and Bihar have seen declines in their contributions to the national GDP and per capita income. ...

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