A fire broke out in the morning at a beach resort in Bangladesh and quickly spread through the three-story wooden building. The blaze killed 10 people, and children were among the dead. The report does not give further details on the exact location, cause, or how the fire was controlled.
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Kaizad Bharucha, Deputy Managing Director of HDFC Bank, has announced he will step down, with his departure taking effect on December 31. The move comes just before Anup Bagchi takes over as the bank's Managing Director and CEO. The bank's board has accepted his resignation, which still requires approval from the Reserve Bank of India. Separately, HDFC Bank reported a rise in net profit for the July to September period, alongside better asset quality. Together, these developments mark a leadership transition at one of India's largest private lenders.
The United States claims that a naval blockade has left Iran facing serious financial strain. According to Washington, the blockade has restricted Iran's ability to import and export goods, with oil shipments hit especially hard. The US estimates Iran has lost around $25 billion in oil export revenue as a result. The claims come as Iran's Revolutionary Guard reported an incident involving a supertanker in the Strait of Hormuz.
Katie Zacharia was reportedly dismissed moments after a conversation with JD Vance. Her debut press briefing was described as lacklustre. Questions were also raised about her background and qualifications. The source article, published by NDTV, frames these developments as the circumstances leading to her removal. Details beyond these points are not established in the available text.
The Indian Army has issued a show-cause notice to a major over alleged affairs with the wives of two fellow officers. The notice was served on August 10 under Army Rules 19 and 14. The officer has been asked to explain why he should not be dismissed from service without a court-martial. The report does not indicate whether the officer has responded to the notice or what the final decision will be.
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