Author: aakansha
aakansha
Hey, I’m Aakansha, and currently doing my PGDM with a focus on Marketing and Business Analytics. I’m someone who enjoys writing, observing people, spending time with my people and figuring out what makes brands click with their audience.
On May 4, 2025, a three-member in-house inquiry committee appointed by Chief Justice of India Sanjiv Khanna submitted its report on allegations against Justice Yashwant Varma of the Allahabad High Court to the CJI. The committee consisted of Justice Sheel Nagu, Chief Justice of the Punjab and Haryana High Court; Justice G.S. Sandhawalia, Chief Justice of the Himachal Pradesh High Court; and Justice Anu Sivaraman, a judge of the Karnataka High Court. The report was prepared on May 3, 2025 and submitted to the CJI on May 4, 2025. Justice Varma had been made the subject of allegations and subsequently…
In a landmark decision for JSW Steel, the Supreme Court in India, on May 2, 2025, struck down its ₹19,700 crore acquisition of Bhushan Power and Steel Ltd (BPSL) and called the resolution plan “illegal” with a direction for the debtor steelmaker to be liquidated. The ruling by Justices Bela M. Trivedi and Satish Chandra Sharma ignited broad discussions on the credibility of India’s Insolvency and Bankruptcy Code (IBC) process which in turn saw JSW Steel’s share price drop 5.5% to ₹972.15 on the BSE. This case is a watershed moment for insolvency in India with implications for creditors, investors…
In an extraordinary turn of events, Parameswaran Iyer, a veteran leader and India’s Executive Director at the World Bank, was designated as India’s temporary nominee director to the International Monetary Fund (IMF) Executive Board on May 9, 2025. This is a timely and strategic announcement that provides India with a significant opportunity to strengthen its position during this pivotal period in global financial governance and representation, as the country looks to become a significant contributor to the global narrative. Iyer’s appointment is a powerful example of the ability of India to act decisively and quickly get experienced, trusted leaders into…
Several petitions contesting the constitutionality of the Waqf (Amendment) Act are scheduled to be heard by the Supreme Court on Monday. The top court will decide whether to grant an interim order based on arguments that the Act’s provisions are in violation of Article 26, which protects religious freedom. This hearing takes place weeks after the Supreme Court’s intense questioning caused the federal government to temporarily postpone two important parts of the contentious legislation. On April 17, the Center told the court that it would wait until May 5 to designate people to the Central Waqf Council and boards, or…
India has begun to expand the reservoir holding capacity at two hydroelectric dams in the Himalayan region of Kashmir after a water-sharing arrangement was suspended due to heightened tensions with Pakistan. Despite three wars and numerous more confrontations between the nuclear-armed foes, the effort is the first concrete step taken by India to operate outside of the agreements protected by the Indus Waters Treaty, which has been intact since 1960. However, following an incident in Kashmir that claimed 26 lives and revealed two of the three attackers to be Pakistanis, New Delhi halted the agreement that guarantees supply to 80%…
On the evening of May 4, 2025, President of the U.S. Donald Trump stated on his social media account Truth Social that he had authorized the Department of Commerce and the U.S. Trade Representative to commence the process of imposing a 100% tariff on “any and all Movies coming into our Country that are produced in Foreign Lands.” Trump stated that the U.S. film industry is “DYING a very fast death,” and claimed that other countries have used different incentives to entice filmmakers and studios away from the U.S. He referred to this as “a concerted effort by other Nations,”…
At Hyderabad House on Saturday, Prime Minister Narendra Modi met with Joao Manuel Goncalves Lourenco, the president of Angola. President Lourenco and PM Modi also met bilaterally at Hyderabad House with Foreign Secretary Vikram Misri and External Affairs Minister S Jaishankar. A spokesman for the Ministry of External Affairs, Randhir Jaiswal, shared a post on X, “Encouraging India-Angola’s unique relationship.” President Mr. Joao Manuel Goncalves Lourenco of Angola was cordially welcomed by Prime Minister Narendra Modi at Hyderabad House before their bilateral discussions. EAM Jaishankar had previously met with the president of Angola while on a state visit to India.…
As tensions between the two nations continue to rise following a deadly terror incident in Pahalgam, Kashmir, on April 22, India has prohibited the import of all products coming from or going through Pakistan. In a notice on May 2, the Directorate General of Foreign Trade stated that the prohibition will take effect right away. Prohibition on Import from Pakistan is the new paragraph 2.20A that the Indian government added to the Foreign Trade Policy, 2023. “Indirect or direct Till further instructions are received, import or transit of any goods originating in or exported from Pakistan shall be prohibited, whether…
Today, IBM and Tata Consultancy Services (TCS), two prominent technology companies, launched a collaboration to advance India’s quantum sector. The government of Andhra Pradesh is now building the first-of-its-kind Quantum Valley Tech Park in the state capital, Amaravati, which includes both technology companies. TCS and IBM With a 156-qubit Heron quantum processor—the biggest quantum computer in India—an IBM Quantum System Two installation will serve as the focal point of the tech park. IBM and TCS are collaborating to enable the creation of algorithms and apps that will assist Indian industry and academia in resolving some of the most difficult problems…
Prime Minister Narendra Modi formally inaugurated the Vizhinjam International Seaport in Kerala on Friday, marking a significant step toward establishing the southern state on the world marine chart. The deep- ocean harborage, located near Thiruvananthapuram, is anticipated to greatly ameliorate India’s influence in global shipping and marketable routes. Vizhinjam Port The largest harborage innovator in India, Adani Ports and Special Economic Zone Ltd( APSEZ), a division of the Adani Group, banded with the government to construct the harborage under a public-private model. Vizhinjam’s commissioning promotes India as a new South Asian maritime gateway, poised to compete with major ports such…