RBI compounds FEMA violations in Apothecon Pharma case

IANS | July 16, 2026 6:35 PM

New Delhi, July 16 (IANS) The Reserve Bank of India (RBI) has issued a compounding order in the case of Apothecon Pharmaceuticals Private Limited’s violations of the provisions of the Foreign Exchange Management Act (FEMA), which resulted in the closure of the ED investigation against the company with a one-time payment of Rs 40.52 lakh, according to a statement issued by the Directorate of Enforcement (ED) on Thursday.

Odisha: 1 dead in stampede-like situation during Puri Rath Yatra

IANS | July 16, 2026 5:41 PM

Bhubaneswar, July 16 (IANS) One person reportedly died due to suffocation in an alleged stampede-like situation during the Rath Yatra festival in Puri, Odisha, on Thursday. However, there has been no official confirmation of the devotee's death or the stampede-like situation so far.

India’s infrastructure sector records robust growth, shows govt data

IANS | July 16, 2026 4:59 PM

New Delhi, July 16 (IANS) India recorded robust infrastructure growth across civil aviation, power, telecom, highways, railways and ports sectors, according to the quarterly update of the Ministry of Statistics and Programme Implementation (MoSPI) released on Thursday.

The long shadow of July 13, 1931: How Kashmir's internal fracture reshaped South Asian geopolitics

R K Raina | July 16, 2026 4:32 PM

New Delhi: History often remembers a single day that changes the course of generations. For Jammu and Kashmir, 13 July 1931 was one such day. The firing outside the Central Jail in Srinagar was not merely an unfortunate incident in which 22 protesters lost their lives. It marked the beginning of a psychological, political and social divide that gradually transformed the character of Kashmir. The consequences of that day reached far beyond the Valley, influencing the politics of the princely state, shaping the events leading to Partition, and ultimately becoming part of a larger geopolitical contest that continues to influence South Asia even today.