All posts tagged: mounting

India’s state oil companies struggle under mounting fuel subsidy burden amid West Asia tensions

India’s state oil companies struggle under mounting fuel subsidy burden amid West Asia tensions

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India’s state-owned oil companies (OMCs) are facing growing financial pressure after absorbing massive losses to shield consumers from the impact of soaring global energy prices triggered by the ongoing Middle East tensions, reported the PTI. For the last 10 weeks, Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have continued selling petrol, diesel and cooking gas LPG at rates significantly below actual costs, despite a steep rise in crude oil prices, the news agency reported. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

50-Year-Old Bengaluru Man Dies By Suicide After Heavy Stock Market Losses, Mounting Debt | India News

50-Year-Old Bengaluru Man Dies By Suicide After Heavy Stock Market Losses, Mounting Debt | India News

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Last Updated:March 09, 2026, 10:37 IST A 50-year-old Bengaluru man allegedly died by suicide near the Hebbal railway track after suffering losses from stock market investments and falling into heavy debt. Bengaluru man dies by suicide (Photo: CNN-News18) A 50-year-old man in Bengaluru allegedly died by suicide after reportedly suffering financial losses linked to stock market investments and falling into heavy debt. The deceased was identified as 50-year-old Venkatesh. According to preliminary information, he had incurred losses from investments in the stock market and was also suffering from illness. Police said the financial setbacks had pushed him into significant debt, and he was allegedly facing pressure from creditors. Distressed by the situation, Venkatesh reportedly ended his life. His body was found on a railway track near Hebbal on Sunday. Personnel from the Baiyappanahalli Railway Police Station reached the spot after the incident and conducted an inspection. Authorities have initiated further investigation to ascertain the exact circumstances surrounding the death. MARKETS UNDER PRESSURE AMID GLOBAL UNCERTAINTY The incident comes at a time when stock markets have …

Hooda counters Saini’s Haryana Governance Model: ‘Industries fleeing, debt mounting, fiscal health poor’ | Chandigarh News

Hooda counters Saini’s Haryana Governance Model: ‘Industries fleeing, debt mounting, fiscal health poor’ | Chandigarh News

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Leader of the Opposition Bhupinder Singh Hooda on Thursday sought to counter Chief Minister Nayab Singh Saini’s projecting “Haryana Governance Model” as a roadmap for Punjab’s revival, stating 1,446 factories in Haryana either closed down or relocated since 2018-19 and accused the BJP-led state government of not being able to curtail their migration. Hooda also pointed at Haryana’s growing debt, poor ranking in NITI Aayog’s Fiscal Health Index, and NCRB’s report on increasing corruption to drive a point home. Addressing a gathering at the BJP’s first-ever Maghi mela political conference in Muktsar on Wednesday, Chief Minister Nayab Singh Saini projected the “Haryana Governance Model” as a roadmap for Punjab’s revival in the run-up to the 2027 Assembly elections in the state. “Punjab is not just our neighbouring state, it shares a blood relationship with Haryana,” Saini had said, adding, “Haryana loves Punjab and wants to see it flourish.” Hooda, on the other hand, alleged that the condition of the industrial sector during the BJP’s rule has become extremely worrying. “As per data released recently, 1,446 …

Under mounting public criticism, Odisha BJP MLAs urge CM to reconsider their salary hike

Under mounting public criticism, Odisha BJP MLAs urge CM to reconsider their salary hike

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Bharatiya Janata Party MLAs have urged Chief Minister Mohan Charan Majhi to reconsider the proposal and hold a fresh discussion on the issue. File | Photo Credit: ANI Buckling under massive public resentment over the proposed 200% salary hike for lawmakers, Bharatiya Janata Party MLAs have urged Chief Minister Mohan Charan Majhi to reconsider the proposal and hold a fresh discussion on the issue. The issue of lawmakers’ salary hike and widespread criticism from people were discussed in a meeting attended by Chief Minister Mohan Majhi, Deputy Chief Minister Pravati Parida, Ministers, MLAs and senior party office bearers including president Manmohan Samal and General Secretary (Organisation) Manas Kumar Mahanty, in BJP office here on Thursday. Emerging from the meeting, State Parliamentary Affairs Minister Mukesh Mahaling said, “we had discussion on passage of a bill concerning to revision of salary of MLAs and pension of former MLAs. Respecting people’s opinion, all BJP MLAs, through signed memorandum, have urged CM to reconsider and schedule a debate on the issue again.” The revision of MLAs’ salaries appears to …

What can a coach do?: R Ashwin comes to Gautam Gambhir’s defence amid mounting criticism | Cricket News

What can a coach do?: R Ashwin comes to Gautam Gambhir’s defence amid mounting criticism | Cricket News

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Former off-spinner R Ashwin has defended under-fire India head coach Gautam Gambhir after the 0-2 home Test series loss to South Africa, saying it is not right to call for his sacking at a time when not enough responsibility has been shouldered by the players. India were outplayed in the series that concluded in Guwahati on Tuesday, going down by a record 408 runs in the second and final Test. A majority of the criticism has been directed towards Gambhir’s planning and push for all-rounders in the squad that has affected its balance. But Ashwin said the former opener, who has a contract till 2027, does not deserve to be removed. “Why are we doing this? It’s a sport. Managing a team cannot be that easy. And yes, he is hurting too. We must understand that. It might feel nice to get someone sacked, but that’s not how it should be,” Ashwin said in his Youtube show ‘Ash ki Baat’. “I’ve never been that kind of person. It’s not about supporting anyone, Gautam is not …

Mounting govt arrears trigger cash crunch for contractors

Mounting govt arrears trigger cash crunch for contractors

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MUMBAI: Welfare sops and pre-poll freebies have squeezed the state’s finances, stalling payments to private contractors executing government schemes. Their pending dues are now ₹77,770 crore. Mounting govt arrears trigger cash crunch for contractors Sameer Shaikh from Ahilyanagar was awarded a ₹20-lakh contract to build a gram panchayat office but, for six months, he’s been struggling to get the project off the ground as he’s unable to raise fresh capital. Shaikh is still owed ₹86.50 lakh for earlier projects under various government departments. Shaikh is one of thousands of small and medium contractors whose outstanding payments with the government are holding them back from working on future contracts. While the bill in outstanding dues was a colossal ₹89,000 crore until March, it has fallen marginally, to ₹77,770 crore, as the government released ₹11,400 crore with local body elections around the corner. For most contractors, it’s made no difference. For most of them, 80% of their bills are yet to be cleared but the government simply cannot afford to pay them right now. The problem was …

‘World Turning To India To Seek Answers To Its Mounting Problems’: RSS Chief Bhagwat | India News

‘World Turning To India To Seek Answers To Its Mounting Problems’: RSS Chief Bhagwat | India News

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Last Updated:November 15, 2025, 20:32 IST Mohan Bhagwat at Deendayal Smriti Lecture in Jaipur said the world looks to India for solutions, highlighting Integral Humanism, Sanatan thought, global inequality. RSS Chief Mohan Bhagwat (Image: PTI/File) Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat on Saturday said that the world is increasingly turning to India to seek answers to its problems. While addressing the ‘Deendayal Smriti Lecture’ on Integral Philosophy at the SMS Indoor Stadium in Jaipur, he emphasised that the global community now expects India to offer solutions rooted in its civilisational wisdom. Speaking at the event organised by the Ekatma Manav Darshan Anusandhan Evam Vikas Pratishthan, the RSS chief noted that Integral Humanism, propounded by Pandit Deendayal Upadhyaya, has completed 60 years, and remains crucial for understanding today’s complex realities. He said that in the light of Sanatan principles, it is essential to reassess the current global scenario. VIDEO | Jaipur: Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat (@DrMohanBhagwat) addresses ‘Deendayal Smriti Lecture’ on Integral Philosophy.He says, “World turning to India to seek answers for …

SG Tushar Mehta bats for newer, context-sensitive solutions to mounting caseload | Latest News India

SG Tushar Mehta bats for newer, context-sensitive solutions to mounting caseload | Latest News India

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New Delhi, Solicitor general of India Tushar Mehta on Saturday advocated for newer and more context-sensitive solutions to India’s mounting caseload, saying promotion of mediation will be beneficial as it helps the parties reach an understanding. SG Tushar Mehta bats for newer, context-sensitive solutions to mounting caseload Speaking at a national conference on ‘Exploring the Efficacy and Reach of Mediation’, Mehta described the ‘mediation bar association’ as a “transformative step”. “As lawyers, we know that disputes are an unavoidable part of our lives. When a matter goes to the court, one party gets satisfied while the other gets dissatisfied. What is needed is newer methods. The mediation bar association will bring about faster and more flexible methods. Small cases, labour cases should at first go for mediation as the system is already clogged. That is where this association can step in,” Mehta said. A ‘mediation bar association’ refers to an organisation or committee within a bar association that focuses on promoting and supporting mediation as an alternative dispute resolution method. Stating that promotion of mediation …

BJP MLA booked for mounting ‘Pakistan Murdabad’ poster in Jaipur mosque | Latest News India

BJP MLA booked for mounting ‘Pakistan Murdabad’ poster in Jaipur mosque | Latest News India

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Jaipur: Bharatiya Janata Party (BJP) MLA Mahal Balmukundacharya from Jaipur’s Hawa constituency was booked late Friday night for allegedly putting up a poster that read ‘Pakistan Murdabad’ inside a local mosque premises during a protest against the Pahalgam terror attack, police said. Bharatiya Janata Party (BJP) MLA Mahal Balmukundacharya from Jaipur’s Hawa constituencya Following the incident, members of the Muslim community gathered in the Walled City area to protest against the alleged poster. Police forces from five police stations were deployed in the area, a senior police officer said. “The MLA put up the poster at around 9 pm inside the mosque along with some other BJP workers right after the protest rally. The action enraged the local Muslim community who gathered in the area at hundred in number and started demanding an immediate arrest of the MLA for hurting their sentiment. A large police force from five police stations were immediately deployed in the area while the senior police officials also reached the spot to pacify the mob,” additional police commissioner (Addl CP) of …

‘Didn’t Know My 8-Year-Old’s Stomach Pain Was GBS’: Pune Auto Driver’s Rough Ride Through Illness, Mounting Bills

‘Didn’t Know My 8-Year-Old’s Stomach Pain Was GBS’: Pune Auto Driver’s Rough Ride Through Illness, Mounting Bills

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Last Updated:January 28, 2025, 17:34 IST Guillain-Barre Syndrome (GBS) outbreak in Maharashtra’s Pune: “Rukmini’s brain is still active. We have not been told the specific reason behind GBS. Doctors say her condition is very critical. Doctors say there is no significant progress, but she is stable and she will come out,”…Read More Devidas Kadam with his wife and daughter Rukmini. Devidas Kadam, an autorickshaw driver in Pune, is still unable to comprehend how his eight-year-old daughter’s complaint of stomach pain turned into Guillain-Barre Syndrome (GBS) disorder. “Two weeks ago, she complained of stomach pain for just two hours. On January 16, she developed high fever and fainted, so we rushed to the nearest hospital. Doctors did urine tests and a few other tests. Suspecting it to be GBS, they started the treatment. The confirmation of GBS came on the eighth day of her hospitalisation. They then conducted a few more tests,” said Kadam. Rukmini is on ventilator support in the ICU of Navale Hospital in Pune for 13 days. “Her body is paralysed, but her …