In a significant development in Chhattisgarh, 36 Naxals were killed in an encounter with police forces on Friday. The clash took place in a remote area known for Naxalite activity. Authorities have reported that the bodies of several insurgents have been recovered, along with a substantial cache of automatic weapons. Police officials have stated that they are continuing operations to ensure the area is secure and to gather further intelligence on any remaining Naxalite presence. More details regarding the circumstances of the encounter and the identities of the deceased Naxals are expected as the investigation unfolds. This incident underscores the ongoing efforts by…
Author: Editor's Desk, Tattva News
India’s steel industry is poised for significant expansion, with plans to add approximately 23 million tonnes (MT) of crude steel capacity between FY24 and FY27, according to a report by Nomura. The industry is expected to reflect a compounded annual growth rate (CAGR) of 4.8%, aligning with its long-term average growth from FY15 to FY24. Despite this substantial increase in capacity, experts believe the Indian steel sector is entering a favourable phase. The report highlights that major steel players such as JSW, JSPL, Tata Steel, and ArcelorMittal & Nippon Steel are projected to account for nearly 87% of the ongoing…
The Supreme Court on Friday ordered a probe by a special investigation team (SIT), under the supervision of the CBI, into allegations that the previous Andhra Pradesh government had used substandard ghee containing animal fat to prepare Tirupati laddus. The SIT will also consist of two state police officers and one member of the Food Safety and Standards Authority of India (FSSAI). Saying that the allegations had the potential of hurting sentiments of people worldwide, the Supreme Court said the SIT investigation would be monitored by the CBI director. “In order to assuage the feelings of crores of people, we find that an investigation…
In a significant development, the Narendra Modi government on Thursday conferred the status of ‘Classical Language’ to Marathi, Pali, Prakrit, Assamese and Bengali. Addressing a press conference, Union Minister Ashwini Vaishnaw said, “PM Modi has always focused on Indian languages. Today, 5 languages such as Marathi, Pali, Prakrit, Assamese and Bengali have been approved as classical languages. “By now, we had Tamil, Sanskrit, Telugu, Kannada, Malayalam and Odia were the notified classical languages and the Centre is taking steps to conserve and promote the classical languages and to preserve the rich heritage of these languages,” he said. With this new addition,…
IREDA, the Indian Renewable Energy Development Agency Limited, disclosed a notable 303% surge in loan approvals, amounting to US$ 2.15 billion (Rs. 17,860 crore) between April and September this fiscal year versus the corresponding period last year. In a recent statement, the company highlighted a substantial 56% increase in loan disbursements, rising to US$ 1.18 billion (Rs. 9,787 crore) from US$ 753 million (Rs. 6,273 crore) in September 2023. IREDA’s outstanding loan portfolio currently stands at US$ 7.75 billion (Rs. 64,500 crore), reflecting a 36% growth from US$ 5.71 billion (Rs. 47,514 crore) in the prior year. The Chairman and…
The World Bank has released its Business Ready Index or “B-Ready Index”, ranking countires on their alleged ease of doing business. In the leadup to its development, the International Trade Union Confederation (ITUC) had previously criticized the B-Ready Index’s proposed methodology, and for effectively promoting a race-to-the-bottom in labour rights, working conditions and social protection. “As workers around the world face brutal retaliation for exercising their right to organise a union and improve their working conditions, it is deeply troubling for the World Bank to rank countries in a way that stimulates competition to erode labour standards. There is no shortcut for…
Political strategist-turned-activist Prashant Kishor on Wednesday launched his political party, Jan Suraaj Party, in Patna, in the presence of eminent personalities. The party was launched at Veterinary College Ground in the state capital in presence of many renowned figures, including former Union minister Devendra Prasad Yadav, diplomat-turned-politician Pavan Varma and ex-MP Monazir Hassan. The party was floated exactly two years after Kishor had embarked on a more than 3,000-km-long ‘padayatra’ of the state, from Champaran where Mahatma Gandhi had launched the first Satyagraha in the country, in a bid to mobilise the people for a “new political alternative” that could…
Demand for personal and vehicle loans, including two-wheelers and four-wheelers, has surged by 12% in the past 4 months, according to a report by Teamlease Services. As the festive season approaches, India’s Banking, Financial Services, and Insurance (BFSI) sector is gearing up to manage increased customer activity and transactions. Financial institutions focus on building a skilled workforce to deliver efficient customer service and enhance digital banking operations. Job opportunities in retail lending, microfinance institutions (MFI), and payment services are on the rise, driven by the festive shopping season from Ganesh Chaturthi in September through November. The report projects that job…
By Nava Thakuria As the National Register of Citizens (NRC) updating process in Assam embraced corruption and malpractices, the issue often drew media attention across India and lately Assam chief minister Himanta Biswa Sarma added another dimension advocating for a countrywide NRC. The outspoken saffron leader argued that the illegal migrants are not confined to Assam alone as they can move to other parts of the country and settle down there as legitimate citizens. He also opined that the issue of NRC should be discussed in the Parliament for a pragmatic way of actions. One can remember that on the…
Polling for the final 40 seats in the third and largest phase of the Jammu and Kashmir Assembly elections wrapped up Tuesday, with a voter turnout of 68.72per cent. The highest voter turnout of 73.45 per cent was recorded in Samba district, while the lowest – 55.73 per cent – was witnessed in Baramulla. In contrast to the first two phases of polling, the bulk of the seats in the third — 24 seats — are in the Jammu division, while 16 are in Kashmir. Results will be announced on October 8. The vote turnout is surpassing the Lok Sabha poll…