 "Core sector production plummeted 1.8% in August, driven down by coal, oil, and electricity, raising concerns for industrial growth.")
In August 2024, the production growth of eight key infrastructure sectors in India saw a decline of 1.8 percent. This downturn was primarily due to lower outputs in coal, crude oil, natural gas, refinery products, cement, and electricity. This is a significant shift from the growth rate of 6.1 percent recorded in July. Despite the ...
 "Cloudflare denies hosting hacker websites selling stolen Star Health data; lawsuits spark scrutiny amid global concerns over Telegram’s security.")
Cloudflare has denied any involvement in hosting websites associated with a hacker selling stolen personal and medical data from customers of the Indian insurer Star Health. This statement comes after Star Health filed a lawsuit against Cloudflare, alleging that it was responsible for hosting these sites. Cloudflare clarified that it serves as a pass-through service ...
 "A bipartisan Senate report reveals shocking Secret Service failures leading to a July assassination attempt on Trump, raising urgent security concerns.")
A recent bipartisan Senate investigation revealed significant failures by the Secret Service before an assassination attempt on former President Donald Trump at a July rally in Pennsylvania. The report identified major shortcomings in planning, communication, and response strategies, stating that these issues were preventable. Despite being warned about a potential threat, security personnel failed to ...
Jammu and Kashmir is witnessing a vibrant Assembly election as voting continues for the second phase after nearly a decade. Voters are actively participating, with long queues reported at polling stations like Budgam. BJP leaders, including Ravinder Raina and Aijaz Hussain, express confidence in their party’s chances, emphasizing development and urging all citizens to vote ...
 "The Supreme Court denies Linde India’s plea against SEBI-directed valuation, citing confidentiality concerns amid ongoing investigations into related-party transactions.")
The Supreme Court has denied Linde India’s request for relief regarding a valuation process mandated by the Securities and Exchange Board of India (Sebi). This follows the company’s earlier appeal to the Securities Appellate Tribunal (SAT), which supported Sebi’s decision. Sebi instructed the National Stock Exchange (NSE) to appoint a valuer to evaluate Linde India’s ...
 "A devastating explosion caused by Hezbollah’s equipment in Lebanon exposes critical vulnerabilities in global supply chains, igniting national security concerns.")
A recent explosion of a walkie-talkie in a Lebanese house, linked to Hezbollah militants, has highlighted serious vulnerabilities in the global supply chain. This incident raises concerns about the complexities and risks associated with international manufacturing. Experts suggest that the longer and more complicated the supply chain, the greater the risk for potential sabotage or ...
 "A critical GST panel meets on September 25, facing tension over potential tax slab changes as revenue concerns escalate.")
The ministerial panel reviewing GST rates will convene on September 25 to discuss potential changes to tax slabs. The Group of Ministers (GoM), led by Bihar’s Deputy Chief Minister Samrat Chaudhary, last met in August and submitted a report to the GST Council earlier this month. Currently, India’s GST structure includes four tax slabs: 5%, ...
 "The Indian rupee hits a new low against the dollar amid surging foreign investments, sparking concerns of market overheating.")
This September, foreign investors have significantly increased their investments in Indian equities, pouring in around Rs 33,700 crore, mainly driven by the US Federal Reserve’s recent interest rate cut. This surge marks one of the highest monthly inflows this year, showcasing renewed confidence in the Indian Market. The overall investment from foreign portfolio investors has ...
 "Tragic death of auditor Anna Perayil sparks investigation into exploitative work conditions at EY India, highlighting disturbing corporate culture concerns.")
The Indian government has launched a detailed investigation into the allegations made by Anna Sebastian Perayil’s mother regarding an exploitative work environment at EY India. Anna, a member of the audit team in Pune, tragically passed away in July. Her mother, Anita Augustine, claimed that the intense work stress contributed to her death. Minister of ...
 "The Fed cuts interest rates amid job market concerns, signaling potential economic shifts ahead of a tight presidential election.")
The Federal Reserve recently cut interest rates by half a percentage point, responding to concerns about the job Market‘s health. Chair Jerome Powell announced this decision, indicating growing confidence that inflation is moving toward the 2% target. The Fed expects to gradually lower rates further, aiming for a range of 2.75% to 3.00% by 2026. ...
