India

Underage driver carrying liquor kills woman, injures another near Mumbai

A 16-year-old boy allegedly driving a car transporting liquor ran over two women pedestrians near Mumbai. One of the women succumbed to her injuries while the other was seriously hurt. Police booked the vehicle's owner and the registered driver in addition to the minor. The deceased woman's husband raised concerns about illegal liquor transport and underage driving being common in the area. Locals gathered at the scene demanding strict action against those responsible for the incident.

Crane collapses on railway overhead equipment in Mumbai's Kurla, injures 10

A crane from an MMRDA construction site collapsed onto railway overhead equipment in Kurla, Mumbai, early Friday. The incident occurred near Qureshi Nagar, leaving at least ten people injured. The falling crane damaged overhead electric equipment on the Kurla-Trombay rail section. Passenger train services were unaffected as the section is primarily used for goods traffic. Central Railway has attributed responsibility for the collapse to MMRDA.

Mumbai airhostess allegedly raped by man posing as transgender faith healer

A 25-year-old airhostess in Mumbai was allegedly raped by a 28-year-old man who disguised himself as a transgender person. The accused gained entry into her flat by claiming he could perform black magic rituals to benefit her husband. Police registered an FIR and arrested the suspect within four hours of the complaint being filed. Investigators tracked the accused by reviewing footage from more than 100 CCTV cameras across the area. The man has been charged with rape and criminal intimidation, among other offences.

Indian Markets Set for Flat Open as Crude Oil Hits One-Month High

Indian stock markets were expected to open on a flat note amid mixed signals from global markets. Crude oil prices surged to near a one-month high, adding pressure to market sentiment. The rise in oil prices was driven by the United States preparing sweeping sanctions against Iran. Elevated crude prices typically weigh on India's import-heavy economy, influencing investor caution ahead of the trading session.

US Plans Record Iran Sanctions, Urges China to Act on Hormuz Dispute

The United States is preparing its most stringent sanctions yet against Iran in a bid to sharply escalate economic pressure on Tehran. Washington is also calling on China to cooperate in curbing Iranian oil trade as part of this pressure campaign. China, however, has rejected the sanctions approach and is instead advocating for a diplomatic resolution to the conflict. The Strait of Hormuz, a vital global shipping lane, remains a central flashpoint in the ongoing standoff. The situation highlights deepening tensions between major powers over Iran policy and energy security.

Brent crude near $94 as US-Iran tensions tighten global oil supply

Oil prices remained stable on Friday, with Brent crude approaching $94 per barrel due to supply disruptions linked to the US-Iran conflict. Both Brent and WTI benchmarks are on track to record a second straight week of gains. The ongoing conflict has led to considerable casualties and disruptions to oil and gas supplies in the region. President Trump has threatened retaliatory action against countries that support Iran, adding further uncertainty to global energy markets.

How Property Transferred as Alimony Is Taxed Differently in India

In India, property transferred during a divorce settlement is not treated the same as a gifted property under tax law. The tax implications of receiving property as alimony can differ significantly from other forms of property transfer. Divorcing couples need to understand these distinctions to avoid unexpected tax liabilities. Being aware of the applicable Indian tax rules around alimony property can help both parties plan their finances more effectively during a settlement.

Ladakh viral video: Woman apologises to Indian Army over Minamarg checkpost row

Express Train Kills 4 Track Workers During Weed-Control Operation in Japan

Four railway workers were killed in Japan after being struck by an express train. The workers were engaged in weed-control maintenance on the tracks at the time of the incident. The train hit the workers while they were carrying out the routine track upkeep task. Authorities have not yet released further details about the exact location or circumstances of the accident.

Stuart Broad calls Pakistan 'poor side', backs England to win Test series

Former England fast bowler Stuart Broad has bluntly described Pakistan as a poor side and predicted an England series victory. Pakistan's batting lineup faltered on the first day, with the team bowled out for just 171 runs. England capitalised on the collapse, building a commanding first-innings lead of 195 runs. Multiple England batters contributed half-centuries, with Harry Brook coming close to but narrowly missing a century. Broad's remarks have heaped additional pressure on Pakistan as they look to mount a comeback in the ongoing Test.

Iranian Boats Fire on Panama-Flagged Ship Carrying 21 Indian Sailors in Hormuz

A Panama-flagged container ship with 21 Indian sailors on board came under attack by Iranian boats in the Strait of Hormuz. The incident occurred amid rising tensions in the strategically critical waterway. Iranian vessels opened fire on the ship, marking a significant escalation in the region. The attack raised immediate concerns about the safety of the Indian crew members aboard the vessel.

Centre Directs Telcos to Block New SIMs for Users Holding 9 Connections

The Indian government has instructed telecom operators not to issue new SIM cards to subscribers who already hold nine mobile connections. This directive aims to enforce the prescribed limit on the number of mobile connections a single individual can possess. Telecom companies will now be required to identify such subscribers before processing any new SIM requests. The move is intended to prevent misuse of mobile connections and ensure compliance with existing telecom regulations.

Two Teachers Transferred After Students Complain of Unprofessional Conduct

Two teachers, a male and a female colleague, have been transferred following a complaint about their alleged inappropriate closeness. The matter came to light during a public hearing, where students raised concerns about the duo's behavior. Students alleged that the two would frequently cut classes short and spend time together instead. Authorities responded to the complaint by ordering the transfer of both teachers involved.

India's Insurance Penetration Stands at 3.7% of GDP in FY2024-25

India's insurance sector remains underdeveloped, with penetration at approximately 3.7 per cent of GDP in the financial year 2024-25. Insurance density, which measures premium per capita, stood at around $97 during the same period. These figures highlight that a large portion of the Indian population is still without adequate insurance coverage. Experts suggest that buyers should carefully evaluate key factors before purchasing health, life, or term insurance policies. Making informed checks before buying a policy can help individuals avoid gaps in coverage and financial risk.

Lawyer Who Represented Mehul Choksi in Extradition Case Arrested in London

Vijay Aggarwal, a lawyer known for representing fugitive businessman Mehul Choksi, has been arrested in London. The arrest is related to allegations of sexual assault. Aggarwal had previously represented Choksi in extradition-related legal proceedings in Belgium. The development marks a significant turn for a legal figure associated with one of India's most high-profile financial fugitives.

Rajya Sabha MP's son booked after Aston Martin kills woman in Hyderabad

Lingamaneni Sanjush, son of Rajya Sabha MP Lingamaneni Ramesh, has been booked by Madhapur police for rash and negligent driving. His Aston Martin allegedly struck 26-year-old Bharati Mukhi, a mall employee, while she was crossing the road near Inorbit Mall on August 16. Sanjush transported the victim to a hospital following the collision, but she did not survive. Alcohol and drug tests conducted on him returned negative results. A case has been registered against him under the Bharatiya Nyaya Sanhita for causing death by negligence.

Lokesh Kanagaraj's DC collects Rs 1.23 cr on Day 14 as earnings slow down

Tamil action film DC, directed by Lokesh Kanagaraj, collected Rs 1.23 crore net in India on its fourteenth day, marking a continued decline in box office performance. The film had a strong opening week, wrapping up with Rs 41.90 crore, followed by a second week total of Rs 19.64 crore. DC's cumulative domestic gross now stands at Rs 70.85 crore. The film has also earned Rs 21.85 crore from overseas markets, bringing its total worldwide gross to approximately Rs 92.70 crore.

IBM CEO Arvind Krishna defends transparency after disclosure triggered 25% stock drop

IBM CEO Arvind Krishna openly disclosed a financial shortfall to stakeholders, a decision he described as the company's worst day in its history. The revelation caused IBM's stock to plunge by 25%, as clients paused infrastructure upgrades to purchase data center hardware instead. Krishna identified distractions from growing AI trends and supply chain constraints as key contributing factors to the crisis. Despite the market fallout, he defended the decision to be upfront, arguing that early disclosure allows the company to focus more effectively on strategic solutions.

Indian Director Declared Bankrupt in Singapore for Unpaid Wages to 400 Workers

Ramu Palani Velu, an Indian national and director of seven companies in Singapore, has been declared bankrupt over unpaid wages owed to approximately 400 workers. His companies operate in sectors including air-conditioning, plumbing, and building services. Among the firms he directs are KPA Engineering, SK Industries, and VVR Plant Engineering. The bankruptcy declaration follows the failure to settle outstanding wage dues to a large number of employees across his business operations.

Former ISRO Chief S Somnath Joins RBI Central Board

S Somnath, who previously served as chairman of the Indian Space Research Organisation, has been appointed to the central board of the Reserve Bank of India. The appointment was announced on Thursday. Somnath is a prominent figure in India's space sector, having led ISRO during key milestones in the country's space programme. His addition brings scientific and technological expertise to the RBI's central board.