Private equity (PE) investments in India’s real estate sector witnessed a sharp 41% year-on-year decline in the first half of 2025, totaling $1.7 billion across 12 deals, according to the latest report by Knight Frank India. The downturn, compared to $2.96 billion across 24 deals in H1 2024, reflects a significant shift in global capital…
The Ministry of External Affairs (MEA) has confirmed the successful evacuation of 4,415 individuals, including Indian nationals and foreign citizens, from conflict-hit Iran and Israel under Operation Sindhu, launched on June 18 in response to escalating hostilities in the region. According to MEA spokesperson Randhir Jaiswal, the operation involved 19 special flights, including three Indian…
The sacred coastal town of Puri in Odisha transformed into a sea of devotion on Friday as lakhs of pilgrims from across India and abroad gathered to witness the world-renowned Rath Yatra of Lord Jagannath, Lord Balabhadra, and Devi Subhadra. The annual chariot festival, steeped in centuries-old tradition, commenced with the ceremonial Pahandi procession from…
L&T Technology Services (LTTS), a leading engineering and technology services firm and a subsidiary of Larsen & Toubro, has signed a five-year deal worth over $50 million with a prominent global energy company. The agreement, announced on June 25, positions LTTS as the exclusive global engineering partner for the client’s enterprise data and digital services…
Chief Justice of India B.R. Gavai on Wednesday reaffirmed the primacy of the Indian Constitution, stating that all three pillars of democracy—the executive, legislature, and judiciary—function under its authority. Speaking at a felicitation ceremony in his hometown of Amravati, CJI Gavai emphasized that while many believe Parliament is supreme, it is in fact the Constitution…
At the Shanghai Cooperation Organisation (SCO) Defence Ministers’ Meeting held on June 26, Indian Defence Minister Rajnath Singh delivered a strong message against terrorism, asserting that peace and prosperity cannot co-exist with the menace of terrorism and radicalisation. In his address, Singh emphasized that the region’s most pressing challenges stem from a growing trust deficit,…
Maharashtra Chief Minister Devendra Fadnavis has hit back at Congress leader Rahul Gandhi’s recent allegations of electoral manipulation, citing data that shows Congress victories in over two dozen constituencies where voter turnout surged by more than 8%. Responding to Gandhi’s claims of irregularities in the Lok Sabha elections, Fadnavis said, “There are more than 25…
India’s basmati rice exports to Iran have hit a major roadblock, with nearly 100,000 tonnes of shipments stranded at Kandla and Mundra ports in Gujarat due to the escalating Israel-Iran conflict. According to the All India Rice Exporters Association (AIREA), the disruption stems from a lack of available vessels and shipping insurance for Iran-bound cargo….
A Public Interest Litigation (PIL) has been filed in the Supreme Court seeking urgent intervention to strengthen aviation safety norms across India, following the fatal crash of an Air India Boeing 787 Dreamliner in Ahmedabad earlier this month that claimed approximately 270 lives. The petition, filed by advocate Ajay Bansal, calls for the immediate suspension…
Digital payments giant PhonePe, backed by Walmart Inc., is preparing to file for an initial public offering (IPO) that could raise up to ₹13,018 crore (approximately $1.5 billion), according to sources familiar with the matter. The IPO is expected to value the fintech firm at around $15 billion, positioning it among India’s most significant tech…
