Day: March 10, 2025

Lalit Modi Renounces Indian Citizenship, Calls Legal Cases ‘Media Fiction’

Manish Kumar

Lalit Modi’s Legal Controversy Lalit Modi, the former chairman of the Indian Premier League (IPL), has been a controversial figure ever since he left India in 2010 amid allegations of financial irregularities and money laundering. Despite multiple investigations by Indian agencies, no formal charges have been filed against him. Recently, Modi surrendered his Indian passport after acquiring citizenship of Vanuatu, a move that has reignited discussions about his legal status and potential extradition to India. Surrender of Indian Citizenship Lalit Modi’s lawyer, Mehmood Abdi, confirmed that Modi applied at the…

Lalit Modi’s Citizenship Controversy: Surrendering Indian Passport Amid Vanuatu’s Revocation Order

Manish Kumar

The Lalit Modi Case Lalit Modi, the former chairman of the Indian Premier League (IPL), has been a fugitive since 2010, facing legal proceedings in India over alleged financial irregularities. He has been living in London while Indian authorities have sought his extradition. Recently, Modi applied to surrender his Indian passport at the Indian High Commission in London, following reports that he had acquired citizenship of Vanuatu, a Pacific Island nation known for its Citizenship-by-Investment (CBI) programme. However, in a surprising move, Vanuatu’s Prime Minister Jotham Napat ordered the revocation…

Team India’s Dhamaal after Champions Trophy win – Dance, Masti and fresh memories of 2013

Manish Kumar

The ICC Champions Trophy 2025 concluded in a very exciting manner. On Sunday, the title match was played between India and New Zealand in Dubai, in which both the teams were seen giving a tough competition to each other. The ICC Champions Trophy 2025 concluded in a very exciting manner. On Sunday, the title match was played between India and New Zealand in Dubai, in which both the teams were seen giving a tough competition to each other. After winning the toss and batting first, the Kiwi team set a…

Rohit Sharma Celebrates Champions Trophy Triumph, Credits Rahul Dravid & Speaks on Gambhir

Manish Kumar

Team India, led by Rohit Sharma, once again managed to become the champion in the ICC tournament. After the ICC T20 World Cup 2024, India won the title of Champions Trophy 2025. …. Team India once again managed to become the champion in the ICC tournament. After the ICC T20 World Cup 2024, India won the title of Champions Trophy 2025. Team India played the final match against New Zealand in Dubai on Sunday, in which it won by four wickets. Batting first, the Kiwi team scored 251 runs for…

Champions Trophy 2025: Kohli’s Heartfelt Gesture Toward Shami’s Mother Goes Viral

Manish Kumar

India won the ICC Champions Trophy 2025 title for the third time by defeating New Zealand by 4 wickets in the final match played at Dubai International Stadium on Sunday. After winning the Champions Trophy, the entire Team India was immersed in celebration, then suddenly India’s star batsman Virat Kohli is seen touching the feet of a woman. After winning the Champions Trophy 2025, a video of India’s dashing batsman Virat Kohli has surfaced, which will win the hearts of crores of people of India. Let us tell you that…

IMF Flags Indian NBFCs on Power & Infrastructure Exposure

Manish Kumar

The International Monetary Fund (IMF) has raised concerns over Indian non-banking financial companies (NBFCs) and their increasing exposure to the power and infrastructure sectors. The global financial body warns that a crisis among major NBFCs could have far-reaching consequences, potentially destabilizing banks, corporate bond markets, and mutual funds that provide financing to these shadow banking entities. NBFCs have emerged as key financiers for India’s infrastructure development, filling the gap left by traditional banks. Given the long gestation periods and capital-intensive nature of power and infrastructure projects, NBFCs have played a…

NITI Aayog and SME Forum Empower Women Entrepreneurs

Manish Kumar

In a significant move to boost women-led businesses, NITI Aayog has partnered with the SME Forum to launch an initiative aimed at fostering women’s entrepreneurship across India. This program focuses on bridging gender gaps in business, providing financial access, and promoting economic self-reliance for women entrepreneurs. The initiative’s key objectives include improving financial access through funding support, credit linkages, and government-backed loan schemes. It also aims to provide mentorship, skill development, and networking opportunities while addressing regulatory challenges that hinder women entrepreneurs. Despite the rise of women-led startups in India,…

Govt Unveils IndiaAI Compute Portal, Offers GPUs at ₹67/Hour

Manish Kumar

Union IT Minister Ashwini Vaishnaw has announced the launch of the IndiaAI Compute Portal, which will provide Graphics Processing Units (GPUs) for ₹67 per hour. Introduced on the first anniversary of the IndiaAI mission, the initiative aims to democratize AI computing, making high-performance resources more accessible to researchers, startups, and enterprises.   The portal will offer access to over 18,000 GPUs, cloud storage, and AI services to students, academia, and government departments. By bridging the AI compute gap, this platform is expected to spur innovation across key sectors, including healthcare,…

Cause Of Slowdown In The Indian Economy

Manish Kumar

India’s economy is facing a slowdown in 2025, driven by weak domestic demand, sluggish corporate earnings, and external economic pressures. The Reserve Bank of India (RBI) cut interest rates on February 7, but ongoing pressure on the Indian Rupee (INR) suggests that further rate cuts may be necessary to support liquidity and economic growth. To navigate this downturn, investors are shifting their focus to export-oriented sectors like IT and pharmaceuticals, which tend to perform well during economic slowdowns. Additionally, diversifying into global equities, particularly in North America, is seen as…

RBI’s $10 Billion Forex Swap: Impact on Banks, Inflation, Interest Rates & Liquidity

Manish Kumar

The Reserve Bank of India (RBI) has recently conducted a $10 billion forex swap, a significant monetary policy move that could have far-reaching effects on banking liquidity, inflation, and interest rates. This decision comes at a time when the Indian government is funding large infrastructure projects, particularly those involving Adani and Ambani, requiring substantial capital investments. A forex swap involves the RBI selling US dollars in exchange for Indian rupees, effectively reducing the amount of rupees circulating in the banking system. This strategy is aimed at managing liquidity but has…