July 29, 2025
Supreme Court orders evidence on voter exclusions in Bihar's Special Intensive Revision under election law
The Supreme Court emphasized that the Election Commission (EC), as a constitutional authority, must act according to law during the Special Intensive Revision (SIR) of electoral rolls in Bihar. The court scheduled hearings for August 12 and 13 to address petitions alleging mass exclusion of voters from the draft list, which is set for publication on August 1. Petitioners claimed approximately 6.5 million individuals were excluded for not submitting enumeration forms, with the EC stating many were deceased or relocated. The court directed petitioners to provide evidence of wrongful exclusions and allowed the EC to continue accepting Aadhaar and voter ID for verification, affirming their presumption of genuineness. Both parties were ordered to submit written arguments by August 8, and the court warned it would intervene if mass exclusion was proven. The EC defended the SIR exercise as necessary to maintain electoral roll integrity by removing ineligible voters.
July 29, 2025
Russian airstrikes on Ukrainian civilian sites violate international law, causing 21 deaths and widespread injuries
Russian forces conducted airstrikes on civilian facilities in Ukraine, including a prison and medical centers, resulting in at least 21 civilian deaths and numerous injuries. The attacks involved glide bombs, ballistic missiles, and drones, targeting locations in southeastern and central Ukraine. Ukrainian officials condemned these strikes as violations of international law, characterizing them as war crimes due to the deliberate targeting of civilian infrastructure. Despite threats from the US administration to impose sanctions and tariffs aimed at halting the violence, Russia maintained its military operations. Kremlin officials dismissed ultimatums and warned against escalating tensions with the West, framing the conflict as a geopolitical confrontation. The continued bombardment raises significant concerns under international humanitarian law regarding the protection of civilians and the legality of targeting non-military sites during armed conflict.
July 29, 2025
Former Chief Minister Wins Share Transfer Cancellation Under Company Law Section Rules
The National Company Law Tribunal (NCLT) Hyderabad bench allowed a petition filed by a former state chief minister seeking to cancel the transfer of shares in a private company from him and his spouse to their close relatives, deeming the transfer illegal. The Supreme Court scheduled hearings for August on multiple constitutional and electoral matters, including challenges to the Election Commission's voter roll revision exercise in Bihar and a presidential reference on legislative assent timelines. The Supreme Court also extended interim bail for a convict in a high-profile murder case and issued contempt notices against parties for defamatory allegations against a sitting High Court judge. Additionally, the Supreme Court stayed trials in two cases involving the son of a senior political leader. A Delhi court deferred its decision on taking cognizance of an Enforcement Directorate chargesheet in a politically sensitive case.
July 29, 2025
Major Cloud Provider Boosts Indian Startups with AI Tools, Unified Data Platform, and Fintech Accelerator Program
An initiative spotlighting the Indian startup ecosystem highlights advancements in cloud technology and AI tools by a major cloud services provider to support startup growth and innovation. Key developments include a unified platform for data and AI collaboration, generative AI models with low latency, and developer productivity enhancements. A fintech accelerator program has evolved to address complex financial services beyond digitization. Managed AI model services simplify infrastructure demands, enabling startups to focus on strategic initiatives. Efficiency and profitability are boosted through automated resource management and compliance-ready infrastructure, especially for regulated sectors. The initiative emphasizes customer focus, scalable goal-setting, and adaptability to market and regulatory changes as critical for startup success in India's rapidly growing economy.
July 29, 2025
Logistics Company Offers Festive Discounts on International and Domestic Shipments with Promo Code Use
A logistics company launched an annual promotional campaign offering discounted rates on international and domestic shipments for a specific festive occasion, with prices starting at INR 3,099 for international and INR 250 for domestic deliveries. The offer is available through over 700 retail outlets and the company's official website until a specified date in August 2025. Customers must use a promo code when booking in-store to avail the discount. The company's global network covers over 220 countries, providing shipment tracking, timely notifications, and flexible delivery options. The campaign aims to facilitate the celebration of the festival by enabling customers to send gifts and packages to family members separated by distance. Terms and conditions apply to the offer.
July 29, 2025
Renewable Energy Can Reliably Power Over 70% of Electricity with Current Technology, Says Report
A recent report by a global energy coalition concludes that power systems primarily using wind and solar energy can reliably and affordably supply electricity at costs comparable to or lower than fossil fuel-based systems. The report highlights that many countries can achieve over 70% electricity generation from renewables using existing technologies such as battery storage, long-distance transmission, and demand flexibility. It emphasizes regional differences, with solar-dominant "sun belt" countries able to reduce costs significantly, while "wind belt" countries face higher balancing costs but can still maintain affordability through innovation. The report calls for coordinated policy, grid modernization, market reforms, and investment to support rapid electrification and decarbonization. It also stresses the importance of expanding transmission infrastructure and addressing supply chain and workforce challenges to enable the transition to low-carbon power systems globally.
July 29, 2025
Private insurer posts 21.5% premium growth in Q1 FY26, boosts market share and lowers loss ratio under section 45L
A leading private general insurance company reported a 21.5% growth in gross written premium for Q1 FY26, significantly outpacing the industry growth of 6.2%. The company improved its private market share by 78 basis points and reduced its loss ratio from 86.2% to 81.7%, reflecting enhanced underwriting discipline and portfolio quality. Profit before tax was INR 249 crores, with a profit after tax of INR 188 crores, and the solvency ratio stood at 2.08, exceeding regulatory requirements. The insurer maintained its market leadership in the Personal Accident segment and gained market share in Health, Motor, and other insurance categories. Growth drivers included increased digital adoption, regulatory support, and rising customer awareness. The company emphasized its commitment to customer-centric innovation, operational excellence, and sustainable growth within a rapidly evolving insurance market.
July 29, 2025
Private University Launches Four-Year B.Tech in Cloud Computing with Industry Internships and Emerging Tech Focus
A private university established under a state act offers a four-year B.Tech. program specializing in cloud computing within its Computer Science and Engineering department. The curriculum integrates theoretical knowledge with practical experience, including industry internships, live projects, and collaboration with major technology companies to provide students with exposure to current cloud platforms and emerging technologies like AI, IoT, and Big Data. The program emphasizes career readiness through soft skills training, certification opportunities, and participation in hackathons and capstone projects. The university's partnerships with industry leaders facilitate workshops, webinars, and real-world learning, aiming to prepare graduates for high-demand roles in cloud architecture, security, DevOps, and related fields. This initiative reflects the growing importance of cloud computing in digital transformation and addresses the increasing demand for skilled professionals in this sector.
July 29, 2025
US-China Trade Talks Cause Mixed Market Moves; Fed Rate Hold Expected Under Section 102
Asian and US financial markets showed mixed performance amid ongoing trade negotiations between US and Chinese officials in Stockholm. Key Asian indices experienced slight declines or modest gains, reflecting investor caution. US stock indexes remained near record highs with minimal changes, while oil prices edged upward. The US agreed to impose a 15% tariff on certain European imports, lower than initially threatened. Market participants anticipate a Federal Reserve interest rate decision, expected to maintain current rates until September despite potential dissent. Technology and chip companies saw notable stock increases linked to major investment announcements. Despite some positive earnings reports, concerns persist about companies meeting profit growth expectations following recent stock price surges driven by hopes of tariff reductions. Currency trading showed slight fluctuations in the US dollar against the yen and euro.
July 29, 2025
Multinational Summit Highlights Cultural Heritage and Traditional Liquor's Role in Global Trade
A summit involving media and think tank representatives from a multinational organization included a cultural tour to a county in China, where guests visited sites related to a historic culture and a local liquor company. The company, recognized as a leading producer in its industry, has developed a themed winery project to preserve and promote traditional culture and drinking customs. Its flagship product features a design inspired by ancient artifacts and represents a unique aroma category within the national liquor classification. This product is exported to multiple countries, serving as a cultural ambassador abroad. The event and company activities highlight efforts to integrate cultural heritage with modern business practices and international trade.
July 29, 2025
UK-India Trade Deal Cuts Tariffs on Scotch Whisky, Salmon, Cars, and Aerospace Boosting Jobs and Growth
A newly signed UK-India Free Trade Agreement significantly benefits Scotland by reducing tariffs on key exports such as Scotch whisky, fisheries, luxury cars, and aerospace products, enhancing market access and creating thousands of jobs. The deal cuts whisky duties from 150% to 75% immediately and to 40% over ten years, opening India's large consumer base. Scottish salmon gains duty-free entry to India, while automotive and aerospace sectors benefit from lowered tariffs. The agreement also fosters green energy collaboration and facilitates Indian exports to the UK with zero tariffs on most goods. Challenges include potential impacts from Indian state excise policies, UK carbon border taxes, and data localization barriers affecting fintech. The agreement aims to boost Scottish GDP by £190 million and attract £6 billion in investments, promoting economic growth and bilateral cooperation between Scotland and India.
July 29, 2025
ED raids linked to illegal construction and money laundering under PMLA involving officials and fake documents
The Enforcement Directorate conducted searches at multiple premises linked to a former municipal commissioner and associates in connection with a money laundering investigation under the Prevention of Money Laundering Act. The probe concerns large-scale illegal construction of 41 unauthorized buildings on land designated for sewage treatment and dumping, involving a cartel of architects, chartered accountants, liaison agents, and municipal officials colluding to facilitate approvals through corruption and fraud. The buildings were sold to the public with fabricated documents despite knowing they would be demolished, a directive upheld by the Supreme Court after the Bombay High Court ordered demolition. The ED seized incriminating digital evidence, cash, bank deposits, and mutual funds totaling over Rs 12 crore, revealing extensive black money flows and official complicity in the illegal construction scheme.
July 29, 2025
Government Doubles Farmer Incomes with MSP Boost, Subsidies, and Insurance Settlements Under Section 15
The government reported that measures implemented in the agricultural sector have resulted in more than doubling the income of several farmers. These measures include record purchases of farm produce at minimum support prices (MSP), subsidized fertilizers, and settlement of substantial insurance claims. The current administration adopted the Swaminathan Commission's recommendation to set MSP by adding a 50 percent profit margin to the cost of production, a proposal previously rejected by the former government citing market distortion concerns. The government emphasized that these steps have positively impacted farmers' earnings and addressed prior policy shortcomings.
July 29, 2025
Supreme Court stays trial in fake passport and PAN card fraud cases under election law provisions
The Supreme Court stayed the trial in two criminal cases involving the son of a senior political leader, concerning allegations of obtaining a fake passport and possessing two PAN cards. The Allahabad High Court had earlier directed the trial court to proceed, dismissing petitions challenging the proceedings. The cases arose from complaints filed by a rival politician alleging fraud and violations related to passport issuance and election affidavit disclosures. The rival claimed the accused used inconsistent birth dates and concealed multiple PAN numbers to contest elections. The Supreme Court also issued notice to the state government on the appeal filed by the accused.
July 29, 2025
Financial Planning Body and Commerce Chamber Partner to Boost Education and Promote Certified Financial Planning Careers
A financial planning standards body and a national commerce chamber entered into a memorandum of understanding to enhance financial planning education and awareness nationwide. The agreement focuses on increasing access to a globally recognized certified financial planning certification and promoting career opportunities in the sector. The partnership includes joint initiatives targeting schools, colleges, and regional markets to foster financial literacy among students, professionals, and small business owners. The collaboration aims to encourage the adoption of sound financial practices and the use of certified financial planning professionals.
July 29, 2025
Tribunal Cancels Illegal Share Transfers Under Section 43, Restores Shares to Former Chief Minister and Spouse
The National Company Law Tribunal (NCLT) Hyderabad bench allowed a petition filed by a former state Chief Minister seeking to cancel the transfer of shares in a private power company from him and his spouse to his sister and mother. The petitioner requested the tribunal to annul the share transfers and reinstate his and his spouse's names as shareholders. The tribunal ruled in favor of the petitioner, deeming the transfers illegal. The sister's legal counsel indicated an intention to appeal the decision to a higher tribunal or court. The shares in dispute represent significant ownership stakes held by the petitioner, his spouse, and mother, with the remainder held by a private realty firm. The dispute arose following a deterioration in familial relations between the petitioner and his sister, who currently leads a political party in the state.
July 29, 2025
Tech Company Migrates Product Portfolio to Cloud with AI and IoT for Smarter Manufacturing
A technology company completed the migration of its entire product portfolio to a major cloud service provider, enabling over 10,000 users across multiple continents to access AI-driven manufacturing applications. The migration integrates advanced AI tools and IoT capabilities to enhance productivity, predictive maintenance, and operational efficiency in sectors including food and beverage, automotive, and industrial manufacturing. The platform supports deployment in private or hybrid cloud environments, ensuring data sovereignty and security while facilitating real-time analytics and collaborative workflows through widely used business software. The move positions the company as a leading native cloud solution provider, allowing global partners to resell the platform and accelerate Industry 4.0 adoption. The transition emphasizes maintaining control over sensitive operational data while leveraging AI innovations to optimize manufacturing processes and decision-making.
July 29, 2025
Over 200 Furniture Brands to Showcase Ergonomic and Sustainable Designs with Live Demos and Workshops
An upcoming trade fair in New Delhi will showcase over 200 furniture and interior brands, featuring international participants and live design demonstrations. The event highlights India's growing furniture market, driven by increased real estate activity and consumer demand for ergonomic and sustainable products. It includes knowledge forums on design and certification, collaborative workshops, and special zones focusing on architectural innovation and workspace trends. Supported by multiple industry associations, the event aims to connect manufacturers, designers, and buyers, reflecting the sector's expansion and evolving market preferences.
July 29, 2025
Supreme Court to Hear Challenges on Election Commission's Voter Roll Revision Under Special Intensive Revision Rule
The Supreme Court scheduled hearings for August 12 and 13 to consider pleas challenging the Election Commission's Special Intensive Revision (SIR) of Bihar's electoral rolls. Petitioners must submit written arguments by August 8. Petitioners allege exclusion of eligible voters from the draft list set for publication on August 1, risking disenfranchisement. The Court emphasized the Election Commission's constitutional duty to comply with the law and invited petitioners to present specific cases of alleged errors. The Court upheld the acceptance of Aadhaar and voter ID as valid documents for the SIR process, citing their presumption of genuineness, while noting ration cards are more susceptible to forgery. The Court declined to stay the publication of the draft rolls, indicating a final decision on the pleas will follow after the scheduled hearings.
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