Parliament passes insolvency law amendments to speed up resolutions; Sitharaman says aim is revival, not liquidation

Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) aimed at expediting resolution of stressed companies and reducing case backlogs, with Finance Minister Nirmala Sitharaman underlining that the objective is to revive firms rather than liquidate them, according to PTI.The Rajya Sabha cleared the Insolvency and Bankruptcy Code (Amendment) Bill, 2026 by…

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‘Deeply troubling’: Elon Musk’s DOGE mass cancellation of grants based on race and gender criticised by US judge

A US federal judge has criticised some terminations carried out under Elon Musk’s Department of Government Efficiency (DOGE), saying the process was unlawful, poorly designed and “deeply troubling”.US District Judge Colleen McMahon ruled on Thursday that the mass cancellations of grants from the National Endowment for the Humanities (NEH) could not stand, blocking the Trump…

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Former Bangladesh Speaker Shirin Sharmin Chowdhury arrested in Dhaka: Report

NEW DELHI: Shirin Sharmin Chowdhury, former Speaker of the Bangladesh National Parliament, has been arrested by the Detective Branch of Dhaka police, officials confirmed on Tuesday, even as authorities remained tight-lipped on the specific charges against her.According to officials from the Dhaka Metropolitan Police, Chowdhury was taken into custody late Monday night from her residence…

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Cost Of Raising A Child In India: “You need ₹6.75 crore to raise a child”: Finance expert explains the reason behind this staggering expense

Instagram finance creator Udayan Adhye has set off a fresh round of debate online after claiming that raising a child in a metro city in India could cost as much as Rs 6.75 crore, a figure that has quickly travelled far beyond his original audience and stirred strong reactions across social media. In a video…

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No Suryakumar Yadav in Asian Games longlist; Vaibhav Sooryavanshi among 30 probables | Cricket News

Suryakumar Yadav and Vaibhav Sooryavanshi (Image: X and IPL) Teenage sensation Vaibhav Sooryavanshi has earned a place in India’s 30-member men’s cricket probables list for the 2026 Asian Games, while two of the country’s biggest stars, T20I captain Suryakumar Yadav and Test and ODI skipper Shubman Gill, are notable absentees. The Board of Control for…

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Battling medical store’s eye-drop blunder, depression: How UP’s chess whizz Subhi Gupta became India Girls’ No. 1 | Chess News

Subhi Gupta (Special Arrangements) NEW DELHI: Imagine it is your first international chess tournament on your own. Your parents have burned a hole in their pockets to take you to the scenic country of Uzbekistan. There, you are supposed to play the toughest of opponents from across the globe. You reach the venue, and you…

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