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GOVERNANCE NEWS
Govt Approves ₹30,000 Cr Compensation for OMCs
The Union Cabinet has approved a ₹30,000 crore compensation package for three public sector OMCs: IOCL, BPCL, and HPCL.
The compensation is for "under-recoveries" on the sale of domestic LPG, as high international prices were not…
Cabinet Extends Ujjwala Subsidy for 2025-26
The Union Cabinet has approved the continuation of a ₹300 per cylinder subsidy for PMUY beneficiaries for the 2025-26 fiscal year.
The subsidy will be provided for up to nine LPG refills per year for a 14.2 kg cylinder, with a total…
As Modi Heads to SCO Tianjin All Eyes Turn to D C Reaction
Paromita Das
New Delhi, 8th August: As global attention shifts toward the Shanghai Cooperation Organization (SCO) summit set for August 31–September 1 in Tianjin, all eyes are on Prime Minister Narendra Modi’s long-awaited return to China.…
J&K Police Raid Bookstores After 25 Books Banned
Police raided bookstores and a book festival across Kashmir to seize 25 books banned by the Jammu and Kashmir government.
The government, led by Lt. Governor Manoj Sinha, claims the books propagate "false narratives and secessionism"…
Oil, Lies & Hypocrisy: Bharat Calls Out Trump’s Global Bluff
Paromita Das
New Delhi, 8th August: Donald Trump often speaks as if America still commands unquestioned global supremacy. Yet his recent reaction in a press briefing—when confronted with America's double standards over Russian…
Parliament Passes Coastal Shipping Bill, 2025
The Rajya Sabha has passed the Coastal Shipping Bill, 2025, which was earlier cleared by the Lok Sabha on April 3.
Union Minister Sarbananda Sonowal stated the bill is central to increasing India’s coastal cargo to 230 million metric…
Trump 50% tariff sends jitters through Indian markets
By Anjali Sharma
WASHINGTON - The stock market on Thursday erased all the intraday losses in the final hour of buying. Indices remained under pressure for the most part of the session.
Market faced initial pressure after Trump’s executive…
When Followers Fade: Haley and Musk Set Trump’s Stage on Fire
Paromita Das
New Delhi, 8th August: A tide is turning within the American political landscape—and it's turning against Donald Trump. The former president, once the undisputed figurehead of the GOP, is now facing growing dissatisfaction not…
Kashi Drowning — And the Administration Is Still in Dry Denial
Monsoon rains submerge key roads and colonies, crippling daily life in PM Modi’s constituency.
85 known waterlogging zones and ₹4 crore in funds failed to prevent civic breakdown.
Residents plant paddy in flooded streets to mock…
Goldman Sachs lowers India GDP forecast after 50% tariff
By Anjali Sharma
WASHINGTON - Goldman Sachs in its revised outlook on Thursday lowered India’s real GDP growth projection marginally by 0.1 percentage pointed for calendar year 2025 to 6.5% and by 0.2 percentage point for 2026 to 6.4%…