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Daily Archives: May 5, 2025

SBI Reports Q4 Dip in Profit, Plans ₹25,000 Crore Equity Raise in FY26

SBI Reports Q4 Dip in Profit, Plans ₹25,000 Crore Equity Raise in FY26

India’s largest public sector bank, the State Bank of India (SBI), reported a 10% year-on-year decline in its standalone net profit for the fourth quarter of FY 2024–25, amounting to ₹18,643 crore. Despite this dip, the bank registered robust performance for the full financial year and announced strategic capital-raising plans and a dividend payout for …

Operation Hawk 2025 CBI Cracks Down on Online Child Sexual Exploitation Networks

Operation Hawk 2025: CBI Cracks Down on Online Child Sexual Exploitation Networks

The Central Bureau of Investigation (CBI), in collaboration with international agencies, has successfully dismantled cybercrime networks responsible for online child sexual exploitation. As part of Operation Hawk 2025, launched following inputs from the US, the CBI registered cases against two accused individuals, Sheik Muizz Ahmed and Mukul Saini, who operated through popular social media platforms, …

PM Modi Inaugurates Khelo India Youth Games in Bihar

PM Modi Inaugurates Khelo India Youth Games in Bihar

Prime Minister Narendra Modi virtually inaugurated the seventh edition of the Khelo India Youth Games (KIYG) in Patna, Bihar. This edition, marking a significant milestone for the state, features 27 medal sports and the introduction of esports as a demonstration event. Hosted across multiple cities, the Games have drawn more than 10,000 participants, including over …

India to Showcase SVAMITVA Scheme at World Bank Land Conference 2025

India to Showcase SVAMITVA Scheme at World Bank Land Conference 2025

India is poised to play a crucial role at the 2025 World Bank Land Conference, set to take place from May 5th to 8th at the World Bank Headquarters in Washington, D.C. A high-level Indian delegation, led by Shri Vivek Bharadwaj, Secretary, Ministry of Panchayati Raj (MoPR), will present India’s transformative SVAMITVA Scheme, alongside the …

Literacy Crusader Padma Shri K.V. Rabia Passes Away at 59

Literacy Crusader Padma Shri K.V. Rabia Passes Away at 59

Padma Shri K.V. Rabia, an inspirational literacy activist from Kerala, passed away at the age of 59 while undergoing treatment. Despite battling severe health conditions such as polio, cancer, and spinal injury, Rabia dedicated her life to social service and women’s education. Her commitment to empowering marginalized communities through literacy earned her several accolades, including …

KCA Suspends Sreesanth for Three Years Amid Sanju Samson Controversy

KCA Suspends Sreesanth for Three Years Amid Sanju Samson Controversy

In a significant disciplinary move, the Kerala Cricket Association (KCA) has suspended former Indian cricketer S. Sreesanth from all association-related cricketing activities for a period of three years. The decision was made at a special General Body meeting held in Kochi on April 30, 2025, following Sreesanth’s controversial remarks criticizing the association over the exclusion …

Warren Buffett Step down As CEO of Berkshire End of Legacy

Warren Buffett Step down As CEO of Berkshire End of Legacy

Warren Buffett’s announcement came during Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska, on May 3, 2025. The news garnered widespread attention as it signifies a major leadership change in one of the world’s most influential conglomerates. Buffett’s endorsement of Greg Abel as his successor has been met with both praise and scrutiny, given the …

Election Commission to Launch Unified ECINET App Integrating 40+ Existing Applications

Election Commission to Launch Unified ECINET App Integrating 40+ Existing Applications

In a landmark step to modernize electoral services and streamline digital operations, the Election Commission of India (ECI) is set to launch ECINET, a unified digital platform for all electoral stakeholders. This single-point platform aims to integrate over 40 existing web and mobile applications into one consolidated interface, enhancing user experience and data accuracy for …