news and current affairs.
Maharashtra clears gems policy to create 5 lakh jobs
The Gem and Jewellery Export Promotion Council on Wednesday welcomed Maharashtra’s approval of the Gems and Jewellery Policy 2025, calling it a major boost for manufacturing, exports, and employment in the state. The policy aims to draw investments worth Rs 1 lakh crore and create more than 5 lakh jobs, positioning Maharashtra as a global center for jewellery production and design. Council chairman Kirit Bhansali said the initiative will enhance the state’s leadership in the sector while driving progress in skill development, technology, and value addition. The Council collaborated with the state’s Department of Industries for over a year to develop the policy through consultations and industry feedback. The new framework seeks to...
Jeremy Allen White praises ex Rosalia on the red carpet
Jeremy Allen White expressed warm admiration for singer Rosalia nearly a year after their reported breakup. Speaking on the red carpet to Los 40, The Bear star named the Spanish musician as his favorite artist, saying he loves her deeply and calling her “wonderful” and “flamenco.” According to People, White, 34, and Rosalia, 33, were first linked in October 2023 after being spotted together at a farmer’s market. They were later photographed several times in Los Angeles, including outings in December and early 2024, when they were seen holding hands and sharing a kiss following White’s Golden Globe win. Their final public appearance came in July 2024 at a The Bear season 3 event in Los Angeles. While the timing of their split remains...
Neena Gupta laments fading roles for older actors
Veteran actress Neena Gupta spoke candidly at FICCI Frames 2025 about the challenges older actors face in finding suitable roles. She said that while she once received several strong parts that matched her age, many of those projects were later shelved without explanation. Gupta, known for her performance in Badhaai Ho, said she was excited by the scripts offered to her but later learned that big-budget producers had entered the OTT space, sidelining smaller filmmakers who used to create such stories. Despite the shift, she added that she continues to find work and remains active in the industry. The 25th edition of FICCI Frames, held on Oct. 7–8 in Mumbai, brought together leading figures from film and media. Among the participants...
AIMIM Bihar poll move stirs Congress warning
With the Bihar Assembly elections approaching, AIMIM’s decision to contest four seats in the Mithilanchal region has triggered political reactions across party lines. Congress leader Udit Raj on Wednesday urged Muslim voters not to divide their votes, warning that a split could weaken opposition prospects. He said voters should avoid repeating past mistakes that, in his view, led to years of hardship under the current government. AIMIM chief Asaduddin Owaisi recently announced that his party will field candidates in Jale, Bisfi, Keoti, and Darbhanga town. The party, which won five seats in Seemanchal in the previous election, aims to expand its influence beyond that region. Congress MP Manoj Kumar downplayed AIMIM’s impact, saying...
Modi hails decade of wildlife revival in India
Prime Minister Narendra Modi on Wednesday praised India’s achievements in wildlife preservation and habitat restoration over the past decade, describing them as a global model for conservation. He commended the Environment and Forest Ministry for driving initiatives that have produced measurable progress in protecting endangered species and promoting ecological balance. Sharing an article by Environment Minister Bhupender Yadav on X, Modi highlighted programs such as Amrit Kaal Ka Tiger Vision, Project Snow Leopard, Project Cheetah, and Project Dolphin, calling them symbols of hope for biodiversity. The article coincided with the conclusion of Wildlife Week 2025. Yadav wrote that India is the first nation to compile a checklist of...
S&P says Indian banks steady amid global strain
Indian banks are well-equipped to manage global economic challenges such as tariffs, interest rate cuts, and a weaker rupee, S&P Global Ratings said in a report on Wednesday. The agency noted that the improving financial strength of Indian corporates and banks’ limited exposure to tariff-affected sectors have supported their resilience. Deleveraging across industries and a focus on secured retail lending have further strengthened balance sheets. S&P said asset quality may soften, with weak loans expected to stay between 3 and 3.5 percent, while credit costs could rise to 80–90 basis points in the next two years due to stress in unsecured retail, small business, and microfinance segments. As of Aug. 22, exposure to tariff-hit sectors...
Manipur entrepreneur weaves lotus fibre legacy
Turning her childhood admiration for the lotus flower into a business, Tongbram Bijiyashanti Devi from Manipur has built a venture that empowers women across her community. The Bishenpur district native founded Sanajing Sana Thambal, a startup that converts lotus stems into sustainable fiber, creating livelihoods for women living near Loktak Lake, the largest freshwater lake in Northeast India. Bijiyashanti credited Prime Minister Narendra Modi for promoting women’s empowerment and economic growth in the region. Her innovation gained national attention after the Prime Minister mentioned her in his “Mann Ki Baat” program in 2020 and spoke with her again in 2023 to commend her expanding team. She plans to employ 100 women and has...
BharatPe CEO hails zero MDR push at fintech fest
Sandeep Indurkar, CEO of Payments at BharatPe, on Wednesday credited government initiatives for accelerating India’s digital economy. Speaking at the Global Fintech Fest 2025, he said the zero Merchant Discount Rate policy has transformed offline markets, prompting merchants in Tier 2 and Tier 3 cities to adopt QR-based payments and move away from cash. Indurkar noted that digital payments now represent both money transfers and data exchange. He said BharatPe aims to keep transactions within merchant platforms to maintain customer connections, supported by a specialist team and an AI co-pilot that assists in payment integration and compliance with banks and the NPCI. Highlighting BharatPe’s valuation of more than $2 billion in six...
Modi opens Navi Mumbai airport, metro line
Prime Minister Narendra Modi on Wednesday reaffirmed his government’s plan to strengthen Mumbai’s infrastructure and improve the Ease of Living as he prepared to inaugurate Phase 1 of the Navi Mumbai International Airport and the Mumbai Metro Line 3. The airport, developed at a cost of about Rs 19,650 crore under a public-private partnership, will serve as the region’s second international airport, easing congestion at Chhatrapati Shivaji Maharaj International Airport. Built across 1,160 hectares, the facility is designed to handle 90 million passengers and 3.25 million metric tonnes of cargo each year. It features an Automated People Mover system linking four terminals and sustainable elements such as solar power generation, storage...
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