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…
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….
India is set to finally begin its long-delayed population census in September, according to a report by Reuters. Originally scheduled for 2021, the decennial exercise was postponed due to the Covid-19 pandemic. This critical survey will fill significant data gaps that have persisted into Prime Minister Narendra Modi’s third term. A Long-Awaited Exercise Two government…
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…
In a dramatic turn of events, the West Bengal government removed Suhrita Paul, the newly appointed principal of RG Kar Medical College, just days after her appointment. This decision followed mounting pressure from protesting medical students, who were outraged by the tragic rape and murder of a junior doctor on the hospital premises earlier this…
A catastrophic explosion at a pharmaceutical plant in Andhra Pradesh has claimed 17 lives and left nearly 40 others injured. The blast, which occurred on August 22, has devastated the region, prompting extensive rescue efforts and a high-level inquiry into the incident. Ongoing Rescue Operations Hampered by Dense Smoke Rescue operations were immediately launched at…
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…
Government Targets Seven Major Cities with New Initiative India is poised to invest nearly $300 million over the next two years to tackle urban flooding and enhance water conservation efforts in seven major cities, including Mumbai, Chennai, and Bengaluru. This ambitious plan, recently approved by the federal government, aims to expand water bodies such as…
Jay Shah, the Secretary of the Board of Control for Cricket in India (BCCI), is set to be named the new Chairman of the International Cricket Council (ICC), replacing the outgoing Greg Barclay. Barclay, who has held the position since November 2020, has announced his decision not to seek a third term, paving the way…
Union Commerce Minister Piyush Goyal recently voiced strong concerns about the rapid expansion of e-commerce in India, particularly focusing on the practices of major players like Amazon. Speaking at the release of a report titled “Net Impact of E-Commerce on Employment and Consumer Welfare in India,” Goyal questioned the sustainability of e-commerce’s growth and its…
