Railways Liable for Electricity Surcharges: Supreme Court Prioritizes Financial Health of DISCOMs

In a landmark judgment that carries significant financial implications for the transport sector, the Supreme Court of India ruled on Friday that the Indian Railways cannot claim the status of a “deemed distribution licensee” under the Electricity Act, 2003. A Bench comprising Justice Dipankar Datta and Justice Satish Chandra Sharma held that the Railways functions…

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ED action: Anil Ambani’s ₹3,716 crore residence seized

The Enforcement Directorate (ED) has temporarily attached industrialist Anil Ambani’s 17-story luxury home “Abode” in Mumbai’s Pali Hill, which is worth Rs 3,716 crore, in a major escalation of the financial and legal issues surrounding him. In relation to alleged bank loan fraud and money diversion connected to Reliance ADA Group firms, the action was…

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Bombay High Court Quashes ₹400-Crore Personal GST Penalty on Shemaroo Entertainment Ltd Executives

In a major relief to senior executives of Shemaroo Entertainment Ltd., the Bombay High Court on Wednesday set aside a ₹400-crore personal penalty imposed by GST authorities, ruling that employees who are not “taxable persons” cannot be held liable under Section 122(1A) of the Central Goods and Services Tax (CGST) Act.A division bench of Justices…

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Brazil’s first commercial office is inaugurated in Delhi by President Luiz Inacio Lula da Silva

President Luiz Inacio Lula da Silva of Brazil declared the opening of the Brazilian Trade and Investment Promotion Agency’s (Apex) first office in New Delhi. In a post on X, President Lula stated, “This agency works to promote Brazilian products and services abroad and to attract foreign investments to strategic sectors of the Brazilian economy.”…

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Rare sighting: Black Panther and Leopard drinking water side-by-side in Karnataka’s Bhadra Tiger Reserve

Nature enthusiasts from all across India have taken notice of a stunning animal encounter in Karnataka’s Bhadra Tiger Reserve. Recently, a unique and memorable occurrence in the wild was witnessed when a leopard and a black panther were seen drinking water side by side. The encounter’s footage, which provided a peek into the hidden life…

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Rajya Sabha warns of myopia epidemic linked to excessive screen time

Members of the Rajya Sabha expressed grave worries about the mounting health and developmental catastrophe that India’s youngsters are experiencing, with a focus on smartphone addiction and a dramatic increase in myopia cases. Lehar Singh Siroya, a member of the BJP, cautioned that unrestrained smartphone use among students is seriously impairing their capacity to focus,…

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