Modi Government Replaces Colonial Attire with Indian Traditions for Convocations

A Shift Away from Colonial-Era Practices In a significant move to shed colonial-era traditions, the Union Ministry of Health & Family Welfare has directed all central government-run medical teaching institutes, including prestigious institutions like AIIMS, to adopt Indian attire for their convocation ceremonies. This directive, issued on August 23, urges the institutions to replace the…

Read More

Govind Mohan Takes Charge as Union Home Secretary: Immediate Challenges and Key Responsibilities

A Seasoned Bureaucrat Assumes a Critical Role Govind Mohan, a highly regarded 1989-batch IAS officer from the Sikkim cadre, officially assumed the role of Union Home Secretary on Thursday, following the conclusion of Ajay Kumar Bhalla’s notable five-year tenure. Mohan’s appointment to this critical position underscores the government’s trust in his extensive experience and exceptional…

Read More

Sebi Imposes 5-Year Trading Ban on Anil Ambani, Slaps ₹25 Crore Fine

 Sebi bars Anil Ambani, 24 entities for 5 years ·       Ambani fined Rs 25 crore, banned from securities market ·       Reliance Home Finance barred for 6 months, fined Rs 6 lakh The Securities and Exchange Board of India (Sebi) has taken stringent action against industrialist Anil Ambani, imposing a five-year trading ban and a ₹25 crore fine….

Read More

Paytm Proposes to Cap Board Members’ Salaries Amid Cost-Cutting Measures

In a strategic move aimed at curbing expenses, Indian digital payments giant Paytm has proposed a significant reduction in the remuneration of its non-executive independent directors. The decision comes as the company faces widening losses and seeks to build a more sustainable and profitable business model. The proposed changes, announced ahead of Paytm’s annual general…

Read More

Putin and China’s Premier Li Vow to Strengthen Relations Amidst Ongoing Ukraine Conflict

Russian President Vladimir Putin met with Chinese Premier Li Qiang in Moscow on Wednesday, emphasizing the growing economic ties between their nations as Russia becomes increasingly reliant on China for political and economic support. The meeting, held in the Kremlin, highlighted the deepening relationship between the two countries, although no discussions were reported on the…

Read More

Chevron’s $1 Billion Investment: A New Technology Hub in Bengaluru

Chevron, one of the world’s largest energy companies, has announced a landmark investment of $1 billion in India. This ambitious plan includes establishing a state-of-the-art engineering and technology center in Bengaluru, aptly named the Chevron Engineering and Innovation Excellence Centre, or “The Engine.” The move signifies a major milestone for the 145-year-old company, which generates…

Read More

Hezbollah Fires Over 50 Rockets at Israeli-Occupied Golan Heights Amid Unresolved Gaza Ceasefire

In a significant escalation of hostilities, Hezbollah, the Iran-backed militant group based in Lebanon, launched over 50 rockets at the Israeli-occupied Golan Heights on Wednesday. This attack targeted several private homes, intensifying tensions in the already volatile Middle East. The assault occurred as US Secretary of State Antony Blinken continued diplomatic efforts to broker a…

Read More