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National Shooting Coach Booked for Alleged Sexual Assault on Minor Athlete
Faridabad, Jan 08, 2026 – Haryana Police have registered a case against a national-level shooting coach for allegedly sexually assaulting an 18-year-old athlete at a hotel in Faridabad last month. The incident, according to the complaint, occurred on December 16, a day after the athlete had participated in a national shooting competition at the Dr Karni Singh Shooting
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India Defends Global Turnover-Based Antitrust Penalty Law in Legal Battle with Apple
In a high-profile legal dispute, India’s Competition Commission (CCI) has defended a 2024 law allowing fines on the basis of a company’s global turnover, pushing back against Apple Inc.’s challenge in New Delhi. The case has far-reaching implications for multinational corporations operating in India, including global giants like Amazon, Publicis, and Pernod Ricard. What the
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Bank of America Accused by SEBI of Insider Trading Violations in 2024 ABSL AMC Deal
In a significant development in India’s financial regulatory landscape, Bank of America (BofA) has been accused by the Securities and Exchange Board of India (SEBI) of violating insider trading regulations and breaching internal “Chinese walls” during a 2024 share sale of Aditya Birla Sun Life Asset Management (ABSL AMC). The allegations stem from SEBI’s investigation
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JPMorgan Chase to Replace Goldman Sachs as Apple Card Issuer: A Major Shift in Consumer Banking
In a landmark move in the U.S. financial sector, JPMorgan Chase (JPM) and Apple Inc. (AAPL) announced on January 7, 2026, a strategic partnership that will see JPMorgan Chase become the new issuer of the Apple Card, taking over from Goldman Sachs (GS). This transition marks a significant expansion for JPMorgan’s credit card portfolio and
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Demolition at Delhi’s Turkman Gate Sparks Clashes, Encroachments Razed
New Delhi, Jan 08, 2026 – Early Wednesday morning, municipal authorities demolished a number of encroachments on public land near the historic Faiz-e-Elahi Masjid in central Delhi’s Turkman Gate area, triggering clashes with local residents. The operation, conducted by the Municipal Corporation of Delhi (MCD) with police support, came hours after the Delhi High Court issued notices to MCD and
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HSBC to Pay $312 Million to Settle Dividend Tax Fraud Case in France
London-based banking giant HSBC has agreed to pay €267.5 million ($312.33 million) to the French Treasury to resolve a legal case related to fraudulent dividend tax payments, according to a statement from the French financial prosecutor’s office on Thursday. Details of the Settlement The settlement concludes an investigation into HSBC’s tax compliance practices concerning dividends
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U.S. Stock Futures Edge Lower as Defense Shares Rally on Trump’s $1.5 Trillion Budget Proposal
U.S. Stock Futures Edge Lower as Defense Shares Rally on Trump’s $1.5 Trillion Budget ProposalU.S. stock index futures moved cautiously lower on Thursday as investors positioned themselves ahead of Friday’s highly anticipated nonfarm payrolls report, while defense companies climbed sharply on expectations of robust government spending following President Donald Trump’s proposal for an expanded military budget
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Supreme Court Clarifies: Stray Dogs Are Not to Be Killed, but Roads and Institutions Must Be Dog-Free
New Delhi, Jan 08, 2026 – The Supreme Court on Wednesday clarified that it has not ordered the killing of stray dogs, emphasizing that its earlier directions were aimed solely at ensuring public safety in institutional spaces and on roads, while holding municipal authorities accountable for years of non-compliance with the Animal Birth Control (ABC) Rules. A bench comprising Justices
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European Defence Stocks Surge to Record Highs as Geopolitical Tensions Lift Dollar and Oil Prices
European defence stocks reached all-time highs on Thursday, while oil prices and the U.S. dollar climbed as geopolitical uncertainties—from Venezuela to Greenland—kept investors on edge. Market participants are closely watching global events and U.S. economic indicators, which are expected to influence currency markets, equities, and commodities in the coming days. Record-Breaking Gains in European Defence
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Veteran Ecologist Madhav Gadgil Passes Away at 83 in Pune
Pune, Jan 08, 2026 – Renowned ecologist Madhav Gadgil, a pioneering figure in grassroots environmentalism in India, passed away on Wednesday night in Pune following a brief illness. He was 83. “I am very sorry to share the sad news that my father, Madhav Gadgil, passed away late last night in Pune after a brief illness,” said Siddhartha
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