The Waqf (Amendment) Bill, 2025, recently passed in the Indian Parliament, is aimed at addressing longstanding issues related to the management of waqf properties. Waqf properties are assets donated for religious or charitable purposes under Islamic law, such as mosques, schools, or hospitals. These properties are managed by Waqf Boards, which have faced challenges like…
India’s services sector experienced a slight moderation in growth during March 2025, as indicated by the HSBC India Services Purchasing Managers’ Index (PMI). The PMI fell to 58.5 from February’s 59.0, signaling a softer expansion in business activity and sales. Despite this dip, the index remained well above the 50-point threshold that separates growth from…
ndian pharmaceutical stocks experienced a significant rally, with shares jumping up to 14% after the US administration exempted pharmaceuticals from reciprocal tariffs. This exemption came amidst broader tariff measures imposed by the US on various countries, including India. The move highlights the critical role of generic medicines in global healthcare and economic stability. Leading the…
The political drama unfolded as Mallikarjun Kharge, Leader of Opposition in the Rajya Sabha, demanded the resignation of BJP MP Anurag Thakur over allegations of land grabbing. The controversy began during a Lok Sabha debate on the Waqf Amendment Bill, where Thakur accused Kharge of unauthorized land acquisition. These allegations were met with strong resistance…
The recent walkout by opposition members from the Lok Sabha was a dramatic moment in Indian parliamentary proceedings. The incident unfolded during a heated debate over the alleged attack on Catholic priests in Jabalpur. Opposition members, led by the Congress party, demanded a discussion on the issue, which they claimed was of national importance. However,…
In a landmark ruling that sends shockwaves through the education sector in West Bengal, the Supreme Court of India has upheld the Calcutta High Court’s decision to cancel the appointments of approximately 25,000 teaching and non-teaching staff in state-run schools. 1 The apex court’s verdict, delivered today, firmly rejected appeals against the High Court’s order,…
Indian rupee experienced a marginal decline, closing 2 paise lower at 85.52 against the US dollar on April 2, 2025. This marked the first trading session of the new fiscal year 2025-26. The currency’s movement was influenced by a combination of domestic and global factors, including trade tariff uncertainties, rising crude oil prices, and foreign…
The government has appointed Dr. Poonam Gupta, the Director General of the National Council of Applied Economic Research (NCAER), as the Deputy Governor of the Reserve Bank of India (RBI) for a three-year term. This marks a significant milestone as Dr. Gupta becomes the first woman economist to hold this prestigious position. Dr. Gupta’s appointment…
In a recent session of the Rajya Sabha, Trinamool Congress (TMC) MP Mohammed Nadimul Haque made a passionate appeal for Indian-origin NASA astronaut Sunita Williams to be awarded the Bharat Ratna, India’s highest civilian honor. Haque highlighted Williams’ remarkable achievements in space exploration and her deep-rooted Indian heritage, emphasizing that such recognition would be a…
The Waqf (Amendment) Bill, 2025, has sparked significant controversy in Jammu and Kashmir, with political parties and community leaders strongly opposing it. The bill, introduced in the Lok Sabha by Union Minority Affairs Minister Kiren Rijiju, aims to reform the management of Waqf properties by introducing technology-driven oversight and addressing existing complexities. However, critics argue…
