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July 02, 2025

Dalai Lama reveals key info on succession

Tibetan spiritual leader the Dalai Lama on Wednesday confirmed that he will be reincarnated after his death, asserting that only the Gaden Phodrang Trust holds the sole authority to recognize his future reincarnation and that no one else has the right to interfere in the matter.He said the institution of the Dalai Lama will continue, ending years of waiting by followers of the Tibetan Buddhist spiritual leader for details about his succession.Speaking at prayer celebrations ahead of his 90th birthday on Sunday, the Nobel Peace Prize-winning spiritual head of Tibetan Buddhism said in a recorded statement that the next Dalai Lama should be found and recognized as per past Buddhist traditions."I am affirming that the institution of the Dalai Lama will continue", he said. ALSO READ: Will China

July 02, 2025

1st eligibility list for Dharavi redev out

The Dharavi Redevelopment Project (DRP) has released its first eligibility list, with over 75 per cent of tenement holders qualifying for new homes under the ambitious slum redevelopment scheme, according to data released by the DRP.All bona fide residents who settled in Dharavi before January 1, 2000, are eligible for a 350 sq ft flat within Dharavi. All such residents will qualify for the resettlement unless they do not provide documents.Those who settled between January 1, 2000, and January 1, 2011, may receive 300 sq ft units outside Dharavi at alternative locations.The first list identifies 505 households from Meghwadi and Ganesh Nagar in Mahim as eligible for rehabilitation.In the first list published for 505 households of Sector 6 (Meghwadi and Ganesh Nagar in Mahim), over 75 per ce

July 02, 2025

RBI may hold fire on inflation target shift

An internal committee of the Reserve Bank of India is in favor of retaining the current inflation target in an upcoming government review, according to people familiar with the matter, giving investors some reassurance about the continuity of monetary policy.The panel will likely recommend the RBI ask the government to keep the target at 4%, with a tolerance band of 2%-6%, the people said, asking not to be identified because the discussions are private. The panel is also in favor of retaining the consumer price index as the target, they said, instead of using a measure that excludes food, as some government officials have argued.The inflation targeting framework, which has been in place since 2016, has been effective in managing volatility in price gains even during periods of supply shock

July 02, 2025

Sonia, Rahul tried to usurp ₹2,000 cr: ED

The Enforcement Directorate on Wednesday alleged Sonia and Rahul Gandhi wanted to usurp the assets of Associated Journals Limited (AJL), a Rs 2,000 crore company, the publisher of National Herald newspaper. Special judge Vishal Gogne was hearing the submissions on the point of cognisance in the National Herald case. Additional solicitor general S V Raju said a conspiracy was hatched to form Young Indian Private Limited in which the Gandhis held 76 per cent shares to usurp the assets of AJL, which took a Rs 90 crore loan from the All India Congress Committee (AICC) despite having assets worth in crores. Explaining the conspiracy, the ASG said, "AJL was not making profits but had assets worth Rs 2,000 crore. But they were finding it difficult to manage their daily affairs. If you are doing r

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