Sitharaman Criticizes Congress Over Constitutional Amendments
In a heated debate in the Rajya Sabha marking the 75th anniversary of India’s Constitution, Finance Minister Nirmala Sitharaman launched a scathing attack on Congress, accusing the party of repeatedly undermining the Constitution through amendments during its rule. Sitharaman specifically targeted India's first Prime Minister Jawaharlal Nehru, referring to the first Constitutional amendment in 1951 that aimed to curb freedom of speech, despite Nehru's public support for press fr
Brazil's President Lula Discharged After Successful Brain Surgery
Brazilian President Luiz Inácio Lula da Silva was discharged from a Sao Paulo hospital on Sunday after undergoing emergency surgery for an intracranial hemorrhage. The 79-year-old leader made a surprise appearance at a news conference where he assured reporters, "I am here in one piece... returning home calmly." He smiled and waved as he left Hospital Sirio-Libanes, where he received treatment. The surgery, which took place on Tuesday, was necessary after Lula fell
Indian Rupee Weakens Amid RBI Leadership Change and Central Bank Decisions
The Indian rupee opened at 84.83 against the US dollar on Monday, a depreciation of 4 paise compared to the previous close of 84.79. The decline in the rupee is largely attributed to the uncertainty following the announcement of a leadership transition at the Reserve Bank of India (RBI). Shaktikanta Das will be succeeded by Sanjay Malhotra, sparking initial concerns in the market. However, markets quickly adjusted to the news, with experts noting that the RBI is closely monitoring banking sys
Bangladesh’s Yunus Announces Elections Likely in Late 2025 or Early 2026
Bangladesh's interim leader, Muhammad Yunus, has confirmed that general elections will likely take place by the end of 2025 or in the first half of 2026. Yunus, who was appointed the country’s "chief adviser" after a student-led uprising in August toppled former Prime Minister Sheikh Hasina, is overseeing a temporary administration that is focused on restoring democratic institutions in the country. Yunus, 84, the Nobel Peace Prize-winning microfinance pioneer, h
Prince Andrew Linked to Alleged Chinese Spy in New Scandal
Prince Andrew, the younger brother of King Charles III, has become embroiled in a new scandal involving an alleged Chinese spy. The businessman, identified only as "H6" for legal reasons, gained significant trust from the Duke of York, reportedly even acting on his behalf in an international financial initiative related to China. Court documents reveal that H6 had such a close relationship with Prince Andrew that he was invited to the Duke's birthday party and granted access to
Sheikh Hasina Calls Yunus a "Fascist" Ahead of Bijoy Dibosh Celebrations
Ahead of Bangladesh's Bijoy Dibosh, commemorating the country's victory over Pakistan in the 1971 Liberation War, deposed Prime Minister Sheikh Hasina launched a sharp critique of the interim government led by Chief Adviser Muhammad Yunus. She accused Yunus of leading a "fascist" administration that was "secretly supporting anti-liberation extremist-communal forces" and undermining the spirit of Bangladesh's independence. In her statement, Hasina poin
PM Modi Pays Tribute to Soldiers on Vijay Diwas, Honoring 1971 Victory
Prime Minister Narendra Modi on Monday honored the soldiers who played a pivotal role in India's victory during the 1971 war, known as Vijay Diwas. The day commemorates the surrender of Pakistani forces to the Indian Army, which led to the creation of Bangladesh. In a post shared on X, PM Modi paid tribute to the bravery and sacrifices of the soldiers who contributed to this historic victory. Modi emphasized the selfless dedication and determination of the Indian soldiers, notin
FDA Seizes Fake Medicines Worth Rs 1.85 Crore in Maharashtra Raids
Officials from the Food and Drug Administration (FDA) have seized counterfeit drugs worth Rs 1.85 crore after conducting raids at two locations in Maharashtra’s Thane district. The raids, which took place in Bhiwandi and Mira Road over the past few months, uncovered a scheme where the accused were manufacturing and selling spurious medicines while falsely branding them as original products. The drugs were distributed across several states, deceiving patients and jeopardizing p
Switzerland Suspends MFN Status for India, Raising Taxes on Indian Companies
Switzerland has decided to suspend the Most-Favoured-Nation (MFN) status granted to India, which could result in higher taxes for Indian companies operating in the country. Starting January 1, 2025, Indian companies will face increased withholding tax rates on income such as dividends and royalties generated in Switzerland. The new tax rules will impose a 10% tax on dividends earned by Indian entities. This move follows a ruling by the Indian Supreme Court in October 2023, which sta
ICC to Finalize Hybrid Model for 2025 Champions Trophy with PCB
The International Cricket Council (ICC) is set to finalize the hybrid model for the 2025 Champions Trophy during a virtual meeting with Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi. Under this model, India and Pakistan will not travel to each other's countries for ICC events. The 2025 Champions Trophy, scheduled from February 19 to March 9, will be played in Dubai, with eight teams divided into two groups. The top two teams from each group will advance to the semifinals. T