The Supreme Court has removed a controversial remark made by the Allahabad High Court about religious conversions and granted bail to Kailash, who was accused of unlawful conversions. The High Court had previously stated that such conversions could make the majority population a minority, but the Supreme Court found this remark irrelevant to the case. ...
Rahul Gandhi, the Leader of Opposition in the Lok Sabha and Congress MP, addressed a public meeting in Sopore, Jammu and Kashmir, focusing on the ongoing Assembly elections. He criticized Prime Minister Modi’s economic policies, claiming they harmed job creation and small businesses in India. Gandhi emphasized the need to simplify the Goods and Services ...
Prime Minister Narendra Modi visited the United States from September 21 to 23, marking his first official trip since beginning his third term. During his three-day visit, he met with President Joe Biden and attended the QUAD summit in which the Wilmington Declaration was signed alongside leaders from Australia and Japan. In New York City, ...
 "Nageswaran warns of AI’s labor displacement while heralding India’s robust economic growth amidst global uncertainties and promoting sustainable job creation.")
V. Anantha Nageswaran, the Chief Economic Advisor to the Indian government, recently projected that the Indian economy will grow between 6.5% and 7% in the current financial year, with an impressive nominal growth rate of 11% accounting for inflation. He emphasized that this growth is noteworthy considering global economic challenges. Nageswaran highlighted the post-COVID recovery ...
 "The tragic death of EY employee Anna Sebastian Perayil sparks urgent reforms on work-life balance in India’s corporate sector.")
The tragic death of 26-year-old EY employee Anna Sebastian Perayil due to work pressure has sparked a significant conversation about work-life balance in India’s corporate sector. Following her death, major firms like Deloitte, EY, PwC, and KPMG are implementing new employee-friendly policies to address mental health issues and improve work conditions. Deloitte has formed a ...
 "Amidst shifting alliances, India’s Jaishankar and Russia’s Lavrov strategize on regional stability and the complex Ukraine conflict at UNGA79.")
External Affairs Minister S Jaishankar met with his Russian counterpart Sergey Lavrov to discuss bilateral cooperation and pressing regional issues. This meeting took place during the 79th UN General Assembly and followed Prime Minister Narendra Modi’s recent discussions with Ukrainian President Volodyr Zelenskyy. The dialogue focused on key topics such as preparations for the upcoming ...
 "IBBI’s new amendment enhances creditor representation, empowering homebuyers and large creditor groups in India’s corporate insolvency process.")
The Insolvency and Bankruptcy Board of India (IBBI) has updated the rules for the Corporate Insolvency Resolution Process (CIRP) to improve how creditors are represented during insolvency cases. The new regulations, effective from September 24, 2024, introduce the role of an interim representative. This person will step in to represent a group of creditors while ...
 "SBI declares Jet Airways’ liquidation imminent as bidders fail to pay dues, escalating tensions in India’s volatile aviation sector.")
The State Bank of India (SBI) has expressed concern over the ongoing issues with the bankrupt airline Jet Airways, stating that the buyer, Jalan Kalrock Consortium (JKC), is refusing to pay outstanding dues. During a Supreme Court hearing, SBI indicated that liquidation may be the only option left for the airline, as JKC has failed ...
 "Tata Electronics partners with Taiwan’s PSMC to launch India’s first semiconductor Fab, transforming the nation’s tech landscape and job market.")
Tata Electronics, a subsidiary of Tata Sons, has announced a significant partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) to establish India’s first semiconductor facility in Dholera, Gujarat. This venture will involve a massive investment of up to Rs 91,000 crore and aims to generate over 20,000 direct and indirect jobs. The facility is set ...
 "Prime Minister Modi launched three Param Rudra supercomputers to enhance India’s scientific research, despite event postponements due to severe rain.")
Prime Minister Narendra Modi recently launched three Param Rudra Super Computing Systems and a High Performance Computing system for weather and climate research. The virtual inauguration aimed to enhance India’s self-reliance in supercomputing technology. These supercomputers, costing around Rs 130 crore, are situated in Delhi, Pune, and Kolkata, and are part of the National Supercomputing ...
