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Chinese Media Amplifies Pakistani Military Claims and Civilian Deaths

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 Chinese state news agency Xinhua has given prominent coverage to Pakistan’s assertions, reporting that multiple Indian fighter jets were downed and civilians killed during missile strikes conducted by India in the early hours of May 7. According to unnamed Pakistani military sources cited by Xinhua, at least eight people were reported dead, 35 injured, and two missing following the Indian strikes across Pakistan and Pakistan-occupied Kashmir. The report further claimed that the Pakistan Air Force (PAF) shot down up to five Indian jets and destroyed four Indian quadcopters over airspace violations — statements that have not been independently verified and remain unacknowledged by Indian authorities. “The Pakistan Air Force has downed another Indian jet in retaliation for India’s missile strikes at six locations within Pakistan,” Xinhua quoted Pakistani military sources as saying. India’s airstrikes, conducted under Operation Sindoor, were launched in response to the April 22 Pa...
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Govt Finds 'Errors' in SC Ruling on JSW-Bhushan Deal, Likely to Seek Stay: Sources

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 After carefully examining the Supreme Court’s May 2 ruling that invalidated JSW Steel’s ₹19,700 crore acquisition of Bhushan Power and Steel Ltd (BPSL), government officials believe the judgment contains significant “errors” that merit a review. According to two senior government officials, the committee of creditors (CoC) plans to file a review petition with the Supreme Court within the next two weeks. “The goal is to secure a stay on the SC order because we believe the ruling has major inaccuracies. Several points raised by the apex court regarding misconduct by the resolution professional or the NCLT/NCLAT are not factually correct,” one official told Moneycontrol after reviewing the judgment. Earlier this week, JSW Steel’s top management met with officials from the Ministry of Corporate Affairs (MCA), the Insolvency and Bankruptcy Board of India (IBBI), and the Department of Financial Services (DFS) to discuss next steps, sources said. On Monday, Financial Services Secretar...
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PMSBY Enrolments Surpass 51 Crore in April, Marking 443% Growth Over 10 Years

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 The Pradhan Mantri Suraksha Bima Yojana (PMSBY), the government’s flagship accident insurance scheme, has recorded a major milestone with cumulative enrolments crossing 51.06 crore in April 2025, according to a statement by the Ministry of Finance on May 9. This reflects a staggering 443% increase since March 2016, when enrolments stood at 9.40 crore. PMSBY, launched in May 2015, offers accident insurance coverage of ₹2 lakh for an annual premium of just ₹20. The scheme is aimed at providing affordable insurance to individuals between the ages of 18 and 70 who hold a savings bank account. Sharing the update on social media platform X, the finance ministry said, “PM Suraksha Bima Yojana! Cumulative enrolments under PMSBY have risen by 443 percent, from 9.40 cr in March 2016 to 51.06 cr in April 2025. Affordable security at just Rs 20 per year.” The scheme has gained significant traction among the unorganised and low-income sectors, thanks to its low premium and easy accessibilit...
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Maximize Your Savings on Flights with Product-Bank

  Travelers looking to maximize savings should turn to   Product-Bank , a powerful flight search platform designed to help you  find the cheapest flights  effortlessly. Product-Bank aggregates flight prices from hundreds of airlines and booking sites, ensuring you have access to the widest selection of fares. This allows you to compare and pick the best-priced option for your itinerary. One of the key features of Product-Bank is its flexible date search, which helps you identify the cheapest days to fly around your preferred travel dates. Shifting your trip by just a day or two can lead to big savings. Product-Bank also sends price alerts that notify you immediately when flight prices drop on your selected route. This means you never miss out on a deal. The platform includes filters to customize your search by airline, flight duration, number of stops, and price, so you can find flights that balance cost and convenience. Additionally, Product-Bank offers transparent ...
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Discover the Elegance of a C Shape Sofa

 If you're looking for a statement piece that blends comfort and style, a  C shape sofa  is the perfect addition to your living room. Its innovative design offers a unique seating arrangement that encourages socializing while providing ample space for relaxation. Whether you're hosting a gathering or unwinding after a long day, the C shape sofa ensures a cozy experience. What makes a C shape sofa stand out is its distinctive curved form. The C shape allows everyone to face each other, making it ideal for creating an intimate atmosphere during conversations or family get-togethers. This design also helps maximize space, as the curved structure can be placed in a corner or in the center of the room without overwhelming the space. It’s an excellent choice for modern living rooms that require both functionality and aesthetics. Available in a range of materials and styles, C shape sofas can suit any home decor. Leather, fabric, and velvet options are just a few of the materia...
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Key Advantages of Opening a Free Demat Account Online

 Start smart investing with zero-cost solutions.  opening   Demat Account  and gain access to efficient trading options. Enjoy secure portfolio management and quick online account setup. Quick Tips for Opening Your Demat Account Research Broker Options Thoroughly Take your time to evaluate brokers based on their fees, user reviews, and platform features to ensure they align with your trading goals. Select the Right Demat Account Type For occasional investors, a basic services demat account (BSDA) works best. Frequent traders should choose a standard account to match their needs. Understand All Associated Fees Be sure to review all charges, including annual maintenance fees, transaction costs, and account opening fees to avoid hidden surprises. Have Your Documents Ready Prepare your PAN card, Aadhaar, proof of address, and bank details for a faster and smoother account opening process. Check for Strong Security Features Choose brokers that offer advanced security meas...
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BofA Predicts Nifty to Reach 26,500 by 2025, Expects Broader Market Underperformance

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Bank of America (BofA) has projected the Nifty 50 index to reach 26,500 by 2025, signaling a moderate growth outlook for India's benchmark stock index. The global financial institution's forecast suggests a more cautious trajectory for the broader market, expecting it to underperform relative to the Nifty in the coming years. BofA analysts have highlighted a challenging macroeconomic environment, including global interest rate hikes and geopolitical tensions, as key factors weighing on market sentiment. They anticipate that while large-cap stocks represented by the Nifty 50 may show resilience due to robust earnings growth and financial stability, the broader market, including mid and small-cap stocks, is likely to face headwinds in comparison. The projection reflects a tempered growth outlook for Indian equities, as BofA foresees limited upside potential for the broader market. Investors are advised to remain selective and focus on large-cap stocks within sectors showing stron...
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