Author: News Desk
Indian Railways Rolls Out New Booking Rules to Improve Efficiency In a significant move aimed at streamlining passenger services, Indian Railways has released a new circular mandating several changes in its booking system. As per the latest directive, all Emergency Quota (EQ) requests must now be submitted at least one day prior to the date of travel. The change is part of a broader strategy to enhance operational efficiency, minimize delays, and ensure timely preparation of reservation charts. Additionally, the circular includes reforms to the Tatkal booking process and updates to charting protocols, ensuring smoother passenger flow and reducing last-minute…
Tesla Launches Online Orders for Indian Market Tesla has officially opened its online booking platform to customers across India. In a recent announcement on X (formerly Twitter), Tesla India stated:”Now everyone in India can order directly on our website.” The announcement was later reshared by CEO Elon Musk, reinforcing the company’s commitment to expanding its footprint in India. This update follows the launch of Tesla’s first Indian showroom, located at Maker Maxity Mall in Mumbai’s Bandra Kurla Complex (BKC). With online orders now open, Tesla aims to serve customers across various cities—prioritising deliveries in key metros while gradually scaling access…
The Enforcement Directorate (ED) conducted raids at 35 locations on Thursday morning as part of an ongoing investigation into an alleged loan fraud involving companies from the Reliance Anil Dhirubhai Ambani Group. The action follows the State Bank of India’s decision to classify Reliance Communications (RCOM) as a fraud account and report its former director, Anil Ambani, to the Reserve Bank of India (RBI). Wider Network Under ED Investigation The ED is currently examining more than 50 companies and 25 individuals suspected to be part of the broader network connected to the loan irregularities. Early findings suggest that Yes Bank…
A Diplomatic Scam Stranger Than Fiction In a case that sounds more like a spy thriller than reality, the Uttar Pradesh Special Task Force (STF) has uncovered a sophisticated fake embassy operation run from a luxury bungalow in Kavi Nagar, Ghaziabad. The accused, Harshvardhan Jain, 47, posed as an ‘ambassador’ of fictional micronations such as Westarctica, Seborga, Poulvia, and Ladonia. Operating from his lavish residence, Jain used forged diplomatic credentials, passports, and fake government insignias to establish an elaborate façade of legitimacy. According to investigators, Jain had been exploiting these fake identities to gain influence, access restricted spaces, and swindle unsuspecting individuals under the pretext…
Jagdeep Dhankhar surprised the nation by resigning from the post of Vice President on the first day of Parliament’s Monsoon Session. He cited health concerns as the reason, although the Congress party claimed deeper reasons behind the move. Following his resignation, the Election Commission of India has begun preparations for the upcoming Vice Presidential election. Entitlements as Former Vice President Despite stepping down, Dhankhar will continue to receive several benefits under the Vice President’s Pension Act. These include: Staff and Utilities Provided Additional benefits include two personal assistants for Dhankhar and a private secretary for his wife. The government will…
Lufthansa Technik has expanded its presence in India through a deeper partnership with IndiGo, one of the country’s largest airlines. As part of long-term maintenance, repair, and overhaul (MRO) agreements, Lufthansa Technik will provide comprehensive lease return support for a significant number of IndiGo’s Airbus A320 family aircraft. The agreement covers both base maintenance and single component services. Context of Turkish Technic Controversy This move comes in the backdrop of ongoing controversy over IndiGo’s ties with Turkish Technic amid India’s Operation Sindoor and Turkey’s open support for Pakistan. IndiGo had earlier signed a deal with Turkish Technic in February 2025…
The Enforcement Directorate (ED) has filed a case under the Foreign Exchange Management Act (FEMA) against Myntra Designs Private Limited, its associated companies, and directors for allegedly violating Foreign Direct Investment (FDI) rules. The total value of the alleged contravention is over ₹1,654 crore. Alleged Multi-Brand Retail in Disguise The ED stated that Myntra and related entities engaged in multi-brand retail trading while operating under the cover of wholesale cash and carry business, which is not permitted under existing FDI norms. This practice, according to the ED, is in violation of guidelines laid out in the FDI policy. Violation of…
6,688 Companies Relocate from West Bengal: A Wake-Up Call for the State’s Economy? In a written reply to the Rajya Sabha on Tuesday, the Ministry of Corporate Affairs revealed that 6,688 companies relocated their registered offices from West Bengal to other Indian states between April 1, 2011, and March 31, 2025. The Ministry stated that these companies moved their bases to states such as Maharashtra, Delhi, Uttar Pradesh, Chhattisgarh, and Gujarat over the past 14 years. Political Reactions The disclosure sparked sharp criticism from BJP IT Cell head Amit Malviya, who accused the Trinamool Congress (TMC) government of failing to…
British Prime Minister Keir Starmer has called the upcoming Free Trade Agreement (FTA) with India a “major win” for the UK economy. The deal, expected to be signed during his meeting with Prime Minister Narendra Modi at Chequers, will significantly cut tariffs on various goods including clothing, footwear, and food. This move is set to lower prices for British consumers while boosting trade between the two nations. £6 Billion in New Investments and Export Wins As part of the broader economic cooperation, nearly GBP 6 billion in new investments and export agreements have been confirmed. These developments include the expansion…
Tesla has officially entered the Indian market, inaugurating its first showroom at Maker Maxity Mall in Mumbai’s Bandra Kurla Complex (BKC) on July 15. While the global electric vehicle (EV) giant’s arrival has generated immense buzz, experts caution that Tesla’s journey in the world’s third-largest auto market is set to be a challenging one. This move comes at a difficult time for Tesla globally. In Q2 2025, domestic sales in the US dropped by 6.3%—marking the third consecutive quarterly decline. In China, deliveries fell nearly 12% during the same period. In Europe, Tesla has experienced a steady five-month decline in…