news and current affairs.
19 US lawmakers slam Trump for sabotaging India-US ties
Nineteen U.S. lawmakers urged President Donald Trump on Wednesday to “reset and repair” the critical India-U.S. partnership. The letter, co-signed by prominent Democratic leaders like Deborah Ross, Ro Khanna, Brad Sherman, and Pramila Jayapal, did not include any Republican signatures. The lawmakers criticized the recent tariff hikes that raised duties on Indian goods up to 50 percent, arguing that it has damaged U.S.-India relations and harmed both American consumers and manufacturers. They called on Trump to review his tariff policy and continue dialogue with Indian leadership, stressing the need for recalibration instead of confrontation. The letter emphasized the importance of the India-U.S. trading partnership, which supports...
Indian fintech sector to grow 31% CAGR over the next 4 years
India's fintech sector is projected to grow at a 31 percent compound annual growth rate over the next four years, according to a report released Wednesday by KPMG India. The report highlights a shift from rapid growth to a phase focused on resilience, governance, and profitable scale, supported by robust digital infrastructure like UPI, Aadhaar, and the Account Aggregator framework. In the first half of 2025, 60 percent of fintech funding was directed toward lending and payments, signaling investor confidence in stable sub-sectors. Deal activity rebounded in H1 2025, with 12 deals over $50 million, compared to just one in H1 2024. KPMG India’s Akhilesh Tuteja and Sanjay Doshi emphasized the need for innovation paired with governance...
Bangladesh commission to submit final July Charter plan
Bangladesh's National Consensus Commission (NCC) announced on Wednesday that it will submit its final recommendations to the interim government, led by Muhammad Yunus, on October 10. The goal is to have political parties sign the July National Charter by October 16. NCC Vice Chair Ali Riaz made the announcement while chairing a meeting at the Foreign Service Academy in Dhaka. He emphasized the need to consider "notes of dissent" raised by political parties, stating that these should reflect broader concerns, not just partisan interests. Riaz also stressed that differing opinions should be communicated to the public before a referendum to ensure transparency. Around 30 political parties, including the BNP and Jamaat-e-Islami...
Mumbai Meteors crush Delhi Toofans in 3-0 rout to stay unbeaten
Mumbai Meteors secured a dominant 3-0 victory over the Delhi Toofans at the Prime Volleyball League on Wednesday at Gachibowli Indoor Stadium in Hyderabad. The set scores were 15-12, 15-10, 15-11. Om Lad Vasant earned Player of the Match honors. Delhi's Muhammad Jasim gave the Meteors an early challenge with an ace serve, but Mumbai's Abhinav Salar responded with a super point. Shubham Chaudhary exploited gaps in Delhi's defense to power Mumbai's attack. Captain Amit Gulia pressured Delhi's libero Anand, while Carlos Berrios contributed with a super point. Despite Saqlain Tariq's efforts to rally the Toofans, the Meteors' strong blocking and consistent play secured their third consecutive set victory. Mumbai's foreign players, Mathias...
Supreme Court acquits man on death row after flawed trial in 2017 rape-murder case
The Supreme Court on Wednesday overturned the conviction and death sentence of a man found guilty in 2017 for the rape and murder of a seven-year-old girl. A three-judge bench, led by Justice Vikram Nath, determined the trial was flawed, citing violations of fair trial principles. The bench, which included Justices Sanjay Karol and Sandeep Mehta, criticized the trial court for bypassing mandatory procedures from charge framing to evidence recording. It also highlighted the lack of legal representation for the accused during critical stages and the failure to provide essential documents. The court acquitted the accused, noting serious lapses in the prosecution’s case and the trial process.
Rashid Alvi blames Chidambaram's statement for giving the BJP a political issue on 26/11
Senior Congress leader Rashid Alvi responded to Prime Minister Narendra Modi's criticism of the Congress regarding its handling of the 26/11 Mumbai terror attacks. Alvi pointed out that former Union Home Minister P. Chidambaram’s earlier statement had provided the BJP with a political issue to exploit, particularly ahead of the Bihar elections. Alvi remarked, "This opportunity was given to the Prime Minister by Chidambaram himself," and suggested that Chidambaram's remarks, made a few months ago, created a situation that could be politically manipulated. He questioned why Chidambaram had now made a different statement, particularly with elections around the corner. Alvi also referred to Chidambaram’s earlier comments, where he said...
Tibet marks 75 years since Chinese invasion, still unbroken
Seventy-five years after the Chinese invasion of Tibet on October 7, 1950, Tibet remains under siege but unbroken, according to a report by the Tibet Rights Collective. The invasion, led by the People’s Liberation Army (PLA), marked the beginning of China’s occupation of Tibet rather than its liberation, with 80,000 Chinese troops overwhelming the 8,000-strong Tibetan defense. The event led to the silencing and scarred legacy of an ancient, peaceful civilization, the report stated. When the Seventeen-Point Agreement was signed in 1951, Tibet was promised autonomy, religious freedom, and dignity, but the report claims that China delivered oppression instead, with over 6,000 monasteries destroyed, sacred texts burned, and monks...
Awami League blames Yunus for Bangladesh’s crisis
On Wednesday, Bangladesh’s ruling Awami League party criticized the economic situation under the Muhammad Yunus-led interim government, stating that the country is experiencing one of its toughest economic periods in recent history. The party emphasized that the economy is paralyzed, with rising unemployment, high inflation, and wages failing to keep pace with the cost of living, leaving citizens desperate. The Awami League pointed out that millions of educated youth are unable to find jobs suited to their skills, while industries operate at half capacity and thousands of workers have been sent home. Frustration is visible across factories and markets, the party stated, highlighting the failure of Yunus’s leadership to stabilize the...
Rolls-Royce backs UK-India trade push with Starmer
Rolls-Royce announced on Wednesday that it is participating in industry discussions during UK Prime Minister Keir Starmer’s first official visit to India following the signing of the India-UK Comprehensive Economic and Trade Agreement. The company stated that its involvement aims to strengthen the economic partnership between the two nations under the India-UK Vision 2035. Rolls-Royce CEO Tufan Erginbilgic, who is part of Starmer’s business delegation, said the firm plans to develop India as a key market by expanding local capabilities across air, land, and sea sectors. He emphasized support for India’s goals of self-reliance and industrial growth. Prime Minister Starmer described Rolls-Royce as a symbol of British excellence and...
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