The controversy surrounding the TCS BPO centre in Nashik has intensified after multiple employees filed FIRs alleging sustained sexual harassment and an attempted religious conversion. In the latest development, another staff member has come forward, releasing a video in support of the allegations. The individual has claimed that he was taken to the residence of one of the accused, Tausif Akhtar, where he was allegedly asked to wear a skull cap and forced to offer Namaz. The accused’s family has strongly denied the allegations, calling them baseless. Meanwhile, sources within Tata Consultancy Services have clarified that one of the accused, Nida Khan, is not an HR head as widely reported but a tele-caller associated with the firm. Her lawyer has stated that she is currently in Mumbai and has applied for anticipatory bail in Nashik. Amid the growing controversy, Devendra Fadnavis has assured that the entire nexus will be thoroughly investigated and those responsible will face legal action. A Special Investigation Team (SIT) has been set up to probe the extent of the alleged activities, including possible wider links, as the case continues to unfold.
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India continues to pursue the extradition of fugitive businessman Nirav Modi from the United Kingdom. MEA spokesperson Randhir Jaiswal confirmed that the government remains in touch with UK authorities, while legal proceedings in the case are currently underway. Reiterating its firm stance, India emphasized its commitment to bringing back fugitives to face justice under Indian law. The Nirav Modi case, linked to one of the country’s biggest banking frauds, has been under close scrutiny with ongoing judicial processes abroad. The latest update signals continued diplomatic engagement and legal efforts to secure his return, even as the final decision rests with the UK courts.
India has withdrawn from the 33rd UN Climate Change Conference (COP33), with the Ministry of External Affairs confirming the decision while reiterating the country’s strong commitment to global climate goals. MEA spokesperson Randhir Jaiswal stated that multiple factors were considered, but emphasized that India remains on track with its Paris Agreement commitments. As one of the few G20 nations to have fully met its climate targets, India will continue to push its green agenda forward. The country also aims to strengthen global climate action through partnerships like the International Solar Alliance and other initiatives. The move signals a strategic shift, not a step back, in India’s climate diplomacy.
In a major crackdown, Customs officials intercepted a suspected boat off the Valsad coastline and uncovered a large-scale liquor smuggling operation. During routine sea patrolling, officers stopped the vessel near Kolak coast and discovered 555 boxes containing over 18,600 bottles of Indian-made liquor, valued at more than ₹50 lakh. The consignment was allegedly being smuggled from Daman into Gujarat. Eight individuals involved in the operation have been detained. The seized goods, along with the boat, have been handed over to Gujarat Police for further legal action. Authorities have initiated a detailed investigation to trace the network behind the smuggling racket. This operation highlights increased vigilance along India’s coastal routes.
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He further claimed that Iran, with US assistance, was actively removing sea mines from key shipping lanes — another indication, he said, that immediate threats to maritime security were receding.
At the IMF Spring Meetings in Washington, D.C., APAC Director Krishna Srinivasan expresses cautious optimism on India’s growth outlook, projecting it at 6.5% despite a broader global slowdown. He attributes the resilience to strong momentum entering the year, supported by past tax reforms such as GST and income tax changes that boosted consumption, along with lower-than-expected U.S. tariffs. However, he cautions that risks remain, particularly if global energy shocks persist for longer than expected, which could lead to downward revisions. While India has maintained fiscal prudence and avoided broad subsidies, Srinivasan stresses the importance of targeted and temporary policy support going forward.
In an interview with Business Today TV's Sakshi Batra, Lahori Zeera co-founder and COO Nikhil Doda detailed the brand's trajectory within the fast-moving consumer goods sector. Established in 2017, the company produces one crore bottles daily, achieving net revenues of 770 crore rupees last financial year with a target of 1,200 crore rupees for the next. Doda clarified that the brand name refers to the use of 'Lahori Namak', or rock salt, and not a geographical connection to Pakistan. Initially a bootstrapped startup, the company secured private equity from a Belgium-based fund in 2021. Despite a GST increase on carbonated fruit drinks from 12 to 40 percent, the brand maintains a strategic entry-level price point of ten rupees. Currently operating across eighteen states, Lahori Zeera plans to expand into the UAE and GCC markets. Doda noted that the company reached 300 crore rupees in revenue through organic growth before investing in marketing, as it now competes with global cola giants in the ethnic Indian drinks category.
The latest economic outlook released during the spring meetings highlights significant challenges for emerging economies in Asia due to their heavy reliance on oil and natural gas. Growth forecasts for emerging Asia have been revised to 4.9 percent for this year and 4.8 percent for the next. The region's high energy intensity and dependence on energy imports make it highly vulnerable to disruptions in the Strait of Hormuz. According to the World Economic Outlook, while the reference scenario assumes temporary energy shocks, adverse and severe scenarios project higher oil prices for a prolonged period. If these severe conditions persist into 2027, the region could experience a cumulative growth reduction of one to two percentage points. Furthermore, the Asia-Pacific region's energy intensity stands at about four percent of GDP, which is double that of the European Union. Countries like the Philippines and Thailand face even higher energy intensities of up to ten percent of GDP, underscoring the critical economic risks posed by sustained energy import dependency.
In a series of remarks and social media posts, Trump singled out Pakistan’s top leadership — including Prime Minister Shehbaz Sharif and Army chief Asim Munir — for their role in hosting and advancing negotiations.
At the IMF Spring Meetings in Washington, D.C., APAC Director Krishna Srinivasan in an interview with Business Today's Karishma Asoodani shares a stark outlook for Asia’s growth trajectory amid rising energy risks. With emerging Asia heavily dependent on oil and gas imports, a prolonged shock could shave up to 2 percentage points off growth by 2027 while pushing inflation higher. He explains why Pacific Island nations and ASEAN economies remain particularly vulnerable, outlines policy responses for central banks, and weighs in on India’s relative resilience. Despite global headwinds, India’s growth outlook remains steady at 6.5%, though risks remain if energy prices stay elevated longer than expected
Renault Group CEO Francois Provost speaks to Business Today on the company’s India strategy, calling it a key and fast-growing market with a clear India-for-India approach. He says Renault will continue producing vehicles for Nissan, especially for export markets, while declining to comment on Nissan’s standalone India plans. On global risks, including the ongoing war situation, Provost says supply chains remain stable so far, with no impact on customer orders. The company continues to monitor developments closely while ensuring employee safety. Renault also plans to push a multi-powertrain strategy in India, including ICE, EV, and strong hybrids, as it looks to replicate its global strengths in the Indian market.
India is strengthening its role as a regional energy partner, supplying fuel to neighbouring countries while balancing domestic needs. MEA spokesperson Randhir Jaiswal confirmed that India has provided 22,000 metric tons of high-speed diesel to Bangladesh and 38,000 metric tons of petroleum products to Sri Lanka in recent months. Ongoing discussions are also underway with Mauritius to finalise a government-to-government agreement for oil and gas supply. Existing arrangements with Nepal and Bhutan continue seamlessly, ensuring uninterrupted energy access. Requests from Seychelles and other nations are also being considered. This move highlights India’s growing energy diplomacy and its commitment to supporting regional stability while safeguarding its own resource requirements.
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