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Showing posts from May, 2025

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. Also check:  first4roofing  |  first4driveways “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 O...

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...

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...

Maximize Your Savings on Flights with Product-Bank

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