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Showing posts with the label National News

Article 142 of the Indian Constitution: Meaning, Importance, Recent Cases, and Insights

  Introduction In recent times, Article 142 of the Indian Constitution has emerged as a point of heated discussion in legal, political, and public discourse. From landmark judgments to controversial verdicts, this Article is often cited as the ultimate power of the Supreme Court to “do complete justice.” But what exactly is Article 142, why is it important, and why is it making headlines? Let’s explore. What is Article 142? Article 142 of the Constitution of India empowers the Supreme Court to pass any decree or order necessary for doing “complete justice” in any pending matter. The Article reads: “The Supreme Court in the exercise of its jurisdiction may pass such decree or make such order as is necessary for doing complete justice in any cause or matter pending before it...” This gives the apex court the power to go beyond the boundaries of procedural law, if it believes that justice demands it. Importance of Article 142 Extraordinary Powers : Article 142 provides th...

Gold Price Hits ₹1 Lakh: What’s Driving the 2025 Surge?

 If you’ve been watching the markets lately (or even just your local jeweller’s shop window), you’ve probably noticed something big — gold is on fire . As of April 2025, gold has crossed $3,500 per ounce globally , and in India, it’s hit a whopping ₹1 lakh per 10 grams . That’s not just a record — it’s a wake-up call. So, what’s really going on? Why is everyone suddenly rushing toward gold like it's 2008 all over again? Let’s break it down. 1. Global Chaos = Gold Boom The world’s economy is wobbly. The U.S. has brought back aggressive trade tariffs (10% on all imports), which have made investors super nervous. As always, when uncertainty rises, people want safety, and gold has always been the go-to safe haven . With fears of a global recession, people are ditching stocks and diving into gold. It's a classic move. 2. The Dollar and Bonds Aren’t Cool Anymore Believe it or not, even the good old U.S. Treasury bonds and the dollar are losing their shine. Risk premiums are up...

Understanding the Waqf Property Debate in India

 In recent months, the debate surrounding waqf properties and the functioning of Waqf Boards in India has reignited with the introduction of the  new Waqf Bill , leading to a political and social storm. While some see it as a necessary reform to bring transparency and accountability, others see it as an attack on minority rights. Here's a comprehensive look at what waqf property means, how the Waqf Board operates, what the new bill proposes, and why it’s facing sharp opposition. What is Waqf Property? In Islamic tradition, waqf refers to a permanent endowment made by a Muslim for religious, educational, or charitable purposes. Once a property is declared as waqf, it becomes inalienable —it cannot be sold, gifted, or inherited. These properties are typically: Mosques and graveyards Religious schools (madrasas) Agricultural land Commercial or residential buildings donated for charity Over time, waqf properties have accumulated into one of  India's larges...

BluSmart Fraud Scandal: How India's EV Startup Misused ₹978 Crore and Collapsed

 India’s ambitious shift toward electric mobility has seen startups rise and scale rapidly, promising cleaner cities and smarter transport. BluSmart, one of the frontrunners in this EV revolution, was seen as a shining example of sustainable innovation. With its fleet of all-electric cabs and charging infrastructure in urban hubs, BluSmart was poised to disrupt the ride-hailing space long dominated by Ola and Uber. But that vision has now been clouded by a massive corporate scandal involving fraud, fund diversion, and governance failures , shaking not just investors but the entire EV startup ecosystem. What Happened? The Securities and Exchange Board of India (SEBI) launched an investigation into Anmol Singh Jaggi , co-founder of BluSmart Mobility and Managing Director of Gensol Engineering Ltd , which is BluSmart’s parent and funding partner. SEBI’s findings were damning: Anmol Jaggi diverted public funds meant for EV procurement and business operations toward personal l...