Subhara Pattanaik

Following the suspension of the Indus Water Treaty, India has initiated flushing and desilting of reservoirs on the Chenab River to improve water storage for the winter months. This action is part of a broader strategy to regulate the flow of western rivers into Pakistan. India also plans to expedite hydropower projects and explore additional measures to maximize water utilization.

SC’s JSW-Bhushan verdict sets a worrying institutional precedent for insolvency cases. For economic laws, courts can’t make legal minutiae the first priority. There’ll now be regime uncertainty for future investors

A migrant boat capsized off the coast of San Diego, resulting in three fatalities, four injuries, and seven missing individuals. Among those affected is an Indian family, with two children still unaccounted for. The US Coast Guard is actively searching for the missing, while the Consulate General of India is providing assistance to the family.

Cyber-attacks originating from Pakistan have escalated, targeting Indian defense entities. The website of Armoured Vehicles Nigam Limited (AVNL) was defaced, and hackers claim to have accessed sensitive data from the Military Engineering Services (MES) and MP-IDSA. Authorities are taking measures to bolster security, audit systems, and enhance digital defenses against further intrusions.

The Trump administration has barred Harvard University from receiving new federal research grants, escalating a dispute over antisemitism, academic standards, and campus management. Education Secretary Linda McMahon accused Harvard of violating legal duties, citing concerns over protests, foreign student admissions, and DEI initiatives. Harvard has responded with a lawsuit, alleging government overreach and infringement of First Amendment rights.

With Bangladesh no longer a safe option for accessing Northeast, India must look at the sea-river-road project via Myanmar. But can Indian diplomacy navigate between Myanmar’s rebels/oppn and the junta?

Bill Gates has lauded Warren Buffett as a mentor, friend, and one of history's greatest investors and philanthropists, following Berkshire Hathaway's shareholder meeting. Gates emphasized Buffett's profound impact on his life, highlighting his integrity, humor, and generosity. He also acknowledged Buffett's legacy of inspiring future generations through both business acumen and philanthropic endeavors, noting their 30-year friendship and collaborative efforts.

The Supreme Court has raised concerns about the Enforcement Directorate (ED) making unsubstantiated allegations in money laundering cases, highlighting a pattern of lacking evidence to link accused individuals to proceeds of crime. This observation arose during a bail hearing for an accused in the Chhattisgarh liquor scam, where the court questioned the ED's evidence linking the accused to a specific amount of illicit funds.

Brokerage firms have adjusted their ratings and target prices for several key stocks. UBS remains neutral on SBI, while CLSA downgraded Kotak Mahindra Bank to 'hold.' Jefferies cut Avenue Supermart's target price due to margin concerns. Prabhudas Lilladher suggests reducing Indian Oil Corp, and InCred Equities maintains a 'reduce' rating on JSW Steel citing valuation concerns.