On the morning of July 3, the Indian equity markets experienced a historic surge. The Sensex, a 30-share index on the Bombay Stock Exchange (BSE), soared by 597.77 points to break through the unprecedented 80,000 mark, reaching a new lifetime high of 80,039.22. Simultaneously, the Nifty index, encompassing 50 major companies, climbed 168.3 points, setting…
An Overwhelming Gathering Turns Deadly A satsang event in Uttar Pradesh’s Hathras district, intended to be a spiritual congregation, transformed into a horrific scene as a stampede led to the tragic deaths of 121 individuals, including many women and children. The event was presided over by the self-styled godman, Suraj Pal, also known as Narayan…
Rise of Deepfake Technology and Its Impact Deepfake technology, which digitally manipulates images and videos, has paved the way for a disturbing trend: the creation and proliferation of non-consensual explicit content. This alarming issue has recently targeted high-profile British women politicians, leading to severe emotional and psychological impacts. The Scope of the Problem An investigation…
Two-Day Holiday for Rath Yatra Announced Chief Minister Mohan Charan Majhi has declared a two-day public holiday in Odisha for the Rath Yatra, scheduled for July 7 and 8, 2024. This announcement was made after the final joint meeting for Rath Yatra 2024, which took place at the Puri Municipality Hall on Tuesday. Final Preparations…
Colour Change and Rebranding The popular Laccmi bus service in Odisha has undergone a significant transformation. Reports on Tuesday confirmed that the buses, originally green, have now been painted orange. Along with the color change, the name has also been altered from Laccmi Bus to Mukhya Mantri Bus Seva, which translates to Chief Minister Bus…
Fugitive Businessman Faces New Legal Troubles A special court in Mumbai has issued a non-bailable warrant against fugitive businessman Vijay Mallya in connection with a Rs 180-crore loan default case involving Indian Overseas Bank (IOB). The order, issued by special CBI court judge SP Naik Nimbalkar on June 29, was made public on Monday. The…
High-Profile Investors Deceived Rishi Shah, an Indian-American businessman and former billionaire, has been sentenced to seven and a half years in prison by a US court. The sentence concludes a massive ₹8,300 crore ($1 billion) fraud case. The scheme deceived high-profile investors, including Goldman Sachs Group Inc., Google’s parent company Alphabet Inc., and Illinois Governor…
Hindenburg Receives Notice from SEBI Hindenburg Research, a US-based short-seller, has been issued a show-cause notice by India’s capital market regulator, the Securities and Exchange Board of India (SEBI). The notice pertains to suspected violations of Indian regulations in the context of the Adani Group case. Allegations Against Adani Group In January 2023, Hindenburg Research…
Odisha has reported a substantial increase in State GST collections for June 2024, showcasing significant economic growth and improved tax administration. The state collected ₹2,039.71 crore under State GST (OGST + IGST Settlement), up from ₹1,650.82 crore in June 2023. This marks an impressive growth rate of 23.56%. Robust Year-to-Date Growth in State GST The…
Sujata Khatua, a resident of Bhadrak town in Odisha, has made it to the India Book of Records. She has been recognized for writing songs about road safety in memory of her late son, Soumitra Mohanty. A Heartbreaking Loss Soumitra was in his final year of MBBS. Tragedy struck when he died in a road…
