Breaking News
BJP drops ‘Greater Kashmir’ charge, backs J&K reorganisation bill | India News


BJP drops 'Greater Kashmir' charge, backs J&K reorganisation bill

SRINAGAR: BJP dropped Sunday its earlier “Greater Kashmir” charge and backed a PDP-sponsored territorial reorganisation bill for J&K, while National Conference remained non-committal, calling the proposal a “publicity stunt”.The proposal by PDP legislator Waheed Parra seeks 16 new districts across J&K and two additional divisions in Jammu. J&K currently has two divisions — Jammu and Kashmir — with 10 districts each.BJP said the bill should be tabled for debate, flagging objections only to names “Pir Panjal” and “Chenab Valley” for proposed Rajouri–Poonch and Doda–Kishtwar–Ramban divisions.“There is no harm in creating additional districts and divisions,” BJP MLA Sham Lal Sharma said. BJP would push for a third new division combining Udhampur and Reasi, taking the total in Jammu to four, he added.The shift marks a departure from BJP’s earlier position when spokesperson Altaf Thakur had called the bill a conspiracy aimed at turning J&K into “Greater Kashmir”, stressing what he called Pakistan’s 1990s design.NC signalled caution. Spokesperson Tanvir Sadiq said both Union govt and J&K administration have frozen administrative boundaries till 2027 through a 2025 order. “We support regional empowerment, but any reorganisation must be transparent, data-driven and aligned with census and delimitation,” he said.



Source link

Google does do want to pay lawyers’ fee in Canada’s Competition Commissioner case it lost; says: Fee is so big that it would …


Google does do want to pay lawyers' fee in Canada's Competition Commissioner case it lost; says: Fee is so big that it would ...

Google is reportedly arguing that it should not be made to pay about $370,000 in legal fees and other costs the Competition Commissioner is seeking. This comes after the tech giant lost a constitutional challenge in Canada. According to a report in Western Investor, the battle over legal fees comes a few weeks after the Competition Tribunal dismissed a constitutional challenge that formed part of a broader case where Google has been accused by the bureau of causing harm through an allegedly outsized hold on the online advertising world. Now, having lost the challenge, Google wants to avoid paying any fees or at least, see them greatly reduced.In a recent filing made with the Competition Tribunal, Google said that it should be spared from paying the money because of the public interest element of this case. Google argued that the fee is so big that it would violate the company’s constitutional rights, a stand that the bureau disputes.In its submission, Google has pointed to a previous tribunal ruling which waived costs for credit card company Visa because it advanced a “novel” argument. “Without parties like Google who are willing to bring novel challenges, ‘[g]aps in our law and policy will not be identified or remedied,'” Google said. Google cited in part the ruling Visa’s company’s case. If the tribunal decides Google should have to pay the fees, the company says they should be “significantly reduced” because of its public interest argument and acting commissioner Jeanne Pratt’s failure to prevail on one of her primary arguments.Google also said that any fees should be lower than those featured in other cases “to strike a fair and reasonable balance between compensating a successful party and not unduly burdening an unsuccessful party.”

Competition Bureau to Google: You should pay the fees

On their part, the Competition Bureau’s lawyers claimed in submission that Google should have to pay $370,096.88 in fees for the watchdog’s legal representation, experts, transcripts and printing because they are “reasonable, necessary and justified.” Google’s motion alone totalled more than 10,000 pages, included 29 volumes with four affidavits and two expert reports, the bureau said. The Commissioner’s motion was made up of 11 volumes with a single affidavit and expert report. The motion took five cross-examinations, and a hearing spanned 3 1/2 days.Judge Andrew Little took the bureau’s side, ruling that the fine the company could face is “hypothetical at best” but “may be necessary to deter non-compliance.”In this case, Google’s failed challenge took aim at a $91 billion penalty that the company would have to pay if the tribunal eventually sides with the Competition Bureau, which alleges that the tech firm abused its dominant position in online advertising.The Competition Bureau says in its own submission that Google should have to pay because “responding to the motion was also substantially more work for the commissioner than a motion of average or usual complexity.”As for Google’s take that the fees should be reduced because one of the commissioner’s arguments didn’t sway even little, the bureau’s lawyers said, “a successful party should not be penalized simply because not all the points advanced by that party have found favour with the court.”The bureau under Pratt’s predecessor Matthew Boswell launched its broader fight against Google in November. A lawsuit Boswell filed claimed Google unlawfully tied together its ad tech tools — DoubleClick for Publishers, AdX, Display & Video 360 and Google Ad — to maintain its market dominance and lessen competition.In the case Google lost, the search giant maintained that ad buyers have plenty of choice despite the hold it has on the market.



Source link

KPMG UK puts nearly 600 audit jobs at risk as cost pressure deepens; advisory cuts also hit


KPMG UK puts nearly 600 audit jobs at risk as cost pressure deepens; advisory cuts also hit

KPMG’s UK arm has told nearly 600 employees in its audit business that their roles are at risk, as the Big Four firm moves to cut costs in a tougher market.The proposed shake-up is expected to lead to up to 440 exits if the redundancy process goes ahead.The affected staff have been informed that they could be laid off, subject to a formal consultation, Bloomberg reported, citing a memo sent to employees and people familiar with the matter.

Up to 440 audit exits possible after consultation

According to Bloomberg, the proposed cuts are centred on assistant managers who are qualified accountants and affect roughly 6 per cent of KPMG UK’s 7,100-strong audit division.KPMG UK confirmed on Saturday that it plans to reduce staff in its audit business, after Bloomberg first reported the potential scale of the move. However, the firm did not specify how many jobs could ultimately be cut.KPMG UK said the decision was being driven by unusually low staff turnover in parts of its audit practice.“Current market conditions mean our attrition rates are very low within certain parts of our audit population, which is why we are proposing to right size those areas,” a KPMG UK spokesperson said in a statement to Bloomberg.“This isn’t a decision we take lightly.”The consultation on the audit cuts is expected to run until mid-May, reported the Financial Times.

Advisory arm also facing fresh redundancies

According to The Financial Times, KPMG has also separately told staff in its advisory business that it plans to cut around 120 roles, while hundreds more could also be considered for possible redundancies.Most of the advisory job losses are expected to fall in the enterprise risk division, which advises companies on governance, risk and compliance. Some back-office roles and staff in an economics team are also said to be affected.One person familiar with the advisory cuts told the FT that the latest round had been “pretty devastating”, especially for employees who had already been through similar disruption last year.Another person was cited by FT as saying that senior leaders were under pressure to meet budgets during a prolonged slowdown, saying the firm had carried “a large bench” of unassigned consultants for around six months and had seen fewer projects in the pipeline.A separate person said the changes would affect just over 2 per cent of the advisory business.KPMG confirmed that it was “launching proposals to reduce roles in some areas” of its advisory arm.“While the firm continues to experience growth in some areas, we are always looking at the shape of our business to stay in step with client demand and to support sustainable growth,” the firm said, as quoted by the FT.

Consulting slowdown and AI transition add pressure

The job cuts highlight the continuing strain across professional services firms, which have been trying to rein in costs after a sharp post-pandemic expansion and a subsequent slowdown in demand for consulting work.Other major firms have also turned to layoffs. McKinsey & Co. has discussed cutting about 10 per cent of headcount in non-client-facing teams, potentially amounting to several thousand jobs over the next 18 to 24 months.KPMG’s latest move comes as firms across the sector try to adjust to weaker client demand while also reshaping their operations for an AI-driven environment.KPMG’s audit cuts are somewhat unusual because earlier Big Four redundancy rounds have generally been concentrated in consulting or support functions, given the more stable nature of audit work. However, low attrition has swelled the number of junior staff, and PwC cut 175 junior auditors last year, the newspaper reported.

Profits rise despite weaker advisory performance

KPMG employs about 16,700 people in the UK. While the firm does not break out staff numbers by division, the advisory arm accounts for close to half of annual sales.According to the FT, KPMG’s advisory business shrank 3 per cent last year, in line with revenue declines at the consulting units of EY, PwC and Deloitte, even as the firm’s overall profitability improved.KPMG’s profit before tax rose 14 per cent to £576 million last year, which the firm attributed to “careful cost management in response to the economic cycle”.UK chief executive Jonathan Holt, who recently lost the race to become KPMG’s next global chief, has been boosting profitability through cost cuts, pay and promotion freezes, and lower headcount. It added that UK partners received an average £880,000 for the 12 months to September, up 11 per cent, marking the first time in more than a decade that KPMG’s UK partners were paid more than those at PwC and EY.



Source link

Pakistan deputy PM Ishaq Dhar falls while welcoming Egyptian FM to Middle East peace talks, video goes viral


Pakistan deputy PM Ishaq Dhar falls while welcoming Egyptian FM to Middle East peace talks, video goes viral
Pak deputy PM falls (Screengrab from video posted on X)

Pakistan’s deputy prime minister, foreign minister Ishaq Dar fell on the red carpet on Sunday while receiving Egypt’s foreign minister Badr Abdelatty in Islamabad, ahead of the Middle East de-escalation talks.The incident took place at the ministry of foreign affairs as Dar stepped forward to greet the visiting dignitary. In a clip, being circulated on social media, Dhar moves toward the Egyptian leader but loses his footing and falls. He’s immediately assisted by security personnel.Pakistan is hosting two-day talks with Turkey, Egypt and Saudi Arabia focused on de-escalating the Iran war, with early discussions centred on proposals to reopen the Strait of Hormuz and restore global shipping flows. The waterway, a key route for oil and LNG, has seen disruptions after Iran halted traffic in response to US and Israeli strikes. Notably, neither the United States nor Israel is part of the discussions.Countries involved have floated ideas to Washington, including mechanisms to ensure safe maritime passage and even a possible consortium to manage oil flows through the strait.



Source link

Gold, silver outlook: Bullion markets brace for volatile week as Middle East tensions and Fed cues weigh


Gold, silver outlook: Bullion markets brace for volatile week as Middle East tensions and Fed cues weigh

Precious metals are likely to remain in a corrective phase in the coming week, with investors expected to closely track developments in the Middle East and a packed calendar of global economic data for fresh cues.Analysts cited by news agency PTI said that speeches by US Federal Reserve Chair Jerome Powell on Monday, along with comments from other Fed officials later in the week, will be watched closely for signals on interest rates, which could shape demand for gold and silver.

Middle East tensions and macro data to set the tone

Pranav Mer, vice president, EBG – commodity & currency research at JM Financial Services Ltd, told PTI that geopolitical developments will remain central to market sentiment.“In the week ahead, focus will remain on developments in the Middle East — any sign of escalation and de-escalation may drive the financial market lower or higher,” Mer said.He added that investors will also keep an eye on manufacturing PMI data from major economies, CPI readings from Germany and the Eurozone, as well as key US indicators including consumer confidence, nonfarm payrolls and broader employment data due later in the week.Trading volumes may also stay muted as domestic commodity markets will remain shut on March 31 for Shri Mahavir Jayanti and April 3 for Good Friday, resulting in a shortened trading week.

Gold slips, silver rises in domestic market

In the domestic market, gold futures ended marginally lower at Rs 1.44 lakh per 10 grams over the past week, while silver closed higher by Rs 1,182, or 0.52 per cent, at Rs 2.27 lakh per kilogram on the Multi Commodity Exchange.Mer said domestic bullion continued to find support from the rupee’s weakness against the dollar.“The bullion prices in the domestic market have remained supported by persistent weakness in the Indian rupee against the dollar. Last week, the rupee fell more than 1 per cent to close near 94.80,” he said.He also noted that the recent decline in bullion was driven by ETF liquidation, soft physical demand, a stronger dollar, and elevated US Treasury yields.

Global gold falls nearly 2%; silver rebounds

In international markets, gold settled nearly 2 per cent lower at $4,492.5 per ounce, while silver edged higher to $69.79 per ounce by the end of the week.Choice Broking said silver staged a notable weekly recovery after a long spell of weakness, tracking a sharp rebound in global prices.“Silver posted a strong weekly recovery after a prolonged decline, tracking gains in the global markets where prices rebounded sharply”.“Weakness in US equity markets boosted safe-haven demand, though gold’s traditional appeal showed signs of moderation amid rising Treasury yields and elevated oil prices,” Choice Broking said.Analysts told PTI that geopolitical tensions remained a major driver, with the worsening conflict in the Middle East adding to volatility in bullion prices.They added that while there was temporary relief after US President Donald Trump signalled a 10-day pause on Iran’s energy infrastructure attacks, the dollar index stayed near 100, limiting gains in precious metals.For the week ahead, Choice Broking said gold is likely to remain sideways-to-bullish during the shortened Easter week as traders assess key US economic data.Silver, meanwhile, is also drawing support from strong Chinese physical demand. China’s silver imports rose to an eight-year high of 206.76 metric tonnes in the first two months of 2026, up 49 per cent month-on-month and a sharp 5,910 per cent year-on-year, tightening global supply and lending support to prices.



Source link

‘Complaints of palpitations’: A day after arrest, Ex Nepal PM Oli admitted to hospital


'Complaints of palpitations': A day after arrest, Ex Nepal PM Oli admitted to hospital

NEW DELHI: Former Nepal Prime Minister KP Sharma Oli was admitted to a hospital a day after he was arrested in connection with a culpable homicide case linked to the alleged suppression of the September Gen Z protests.According to the hospital, Oli was admitted following complaints of palpitations.“Former Prime Minister and Chairman of the Nepal Communist Party (UMI) KP Sharma Oli was admitted to TU Teaching Hospital on 2082-12-14 with complaints of palpitations,” a statement from the hospital read.“He is a post-renal transplant patient with hydronephrosis, diabetes mellitus, hypertension, hypothyroidism, atrial fibrillation with APC (on treatment), and cholelithiasis. Currently, he is under observation and monitoring in bed no. 501 of Annex 1 and is being managed by our medical team,” it added.Earlier on Saturday, Oli was taken into custody from his residence in Gundu, Bhaktapur, following a formal complaint filed by the home ministry, which led to an investigation and the issuance of arrest warrants.Authorities said the action was taken to implement the recommendations of a commission led by former Special Court judge Gauri Bahadur Karki.The commission also suggested legal action against several other officials, including then home secretary Gokarna Mani Dawadi, Armed Police Force chief Raju Aryal, former National Investigation Department head Hutaraj Thapa, and then Kathmandu chief district officer Chhabi Rijal.The commission attributed the violent crackdown on youth-led protests to criminal negligence and recklessness, citing a failure to act on prior intelligence warnings about possible escalation. A total of 77 people were killed during the protests, and property worth billions was destroyed.The arrests came a day after Balendra Shah was sworn in as Nepal’s Prime Minister. The 35-year-old leader, who heads the Rastriya Swatantra Party, assumed office under Article 76(1) of the Constitution after his party emerged as the largest in the March 5 parliamentary elections.His swearing-in ceremony was held at the President’s Office in Sheetal Niwas and was administered by President Ramchandra Paudel. Shah, the youngest Prime Minister of Nepal and the first from the Madheshi community to hold the post, has risen to prominence through his strong stance against the federal establishment and his focus on governance reforms.



Source link

‘Big thanks’: 6,000 PNG users surrendered their LPG connections, says govt | India News


'Big thanks': 6,000 PNG users surrendered their LPG connections, says govt

NEW DELHI: 6,000 piped natural gas (PNG) users have surrendered their Liquefied petroleum gas (LPG) connections as of Saturday, a govt official said on Sunday. “6000 PNG consumers surrendered their LPG till yesterday! A big thanks to them!!” said the secretary, ministry of petroleum and natural gas Neeraj Mittal on X. Further urging PNG users to give up their LPG connections he also said, “Join this strong bold group of DoGood citizens who have come forward to give up LPG to help those to get LPG who don’t have PNG. Give up yours today.”In the gas sector, supplies have been prioritised for households and transport, with full allocation to piped natural gas (PNG) and CNG, while industrial and commercial consumers are receiving around 80 per cent of their average usage. Fertiliser plants are being supplied at 70–75 per cent capacity, with additional LNG cargoes being arranged, a government statement said, assuring that govt stepped up measures to secure fuel and gas supplies, reported PTI.The ministry added that expansion of city gas distribution networks is being fast-tracked by easing approval processes and encouraging a shift from LPG to PNG.More than 2,90,000 new PNG connections were added in March. Companies such as Indraprastha Gas, Mahanagar Gas, GAIL Gas and BPCL are also offering incentives to promote PNG adoption.LPG supplies have been affected by the geopolitical situation, although deliveries remain normal with no shortages reported. Daily refill deliveries have crossed 55 lakh cylinders, while measures to curb diversion have been tightened, it said.Commercial LPG supply has been gradually restored to around 70 per cent of pre-crisis levels, with priority being given to hospitality, food services and key industries.The government has also increased kerosene allocations to states and stepped up action against hoarding and black marketing, carrying out around 2,900 raids and seizing nearly 1,000 cylinders in recent days.States have been asked to intensify monitoring, hold daily briefings, counter misinformation and expedite approvals for gas infrastructure. “The government reiterates its advice to the public not to believe rumours,” the statement said.In a further push to PNG, the government plans to stop LPG cylinder supply after three months to households that have access to piped natural gas (PNG) but have not opted for a connection, according to a statement just days ago. An exception will be made in cases where supplying PNG is not technically feasible, provided an authorised entity issues a no-objection certificate.The move comes amid LPG supply pressures due to disruptions in imports from West Asia, from where India sources a significant portion of its requirement. By pushing consumers in pipeline-connected areas to shift to PNG, the government aims to free up LPG supplies for regions that lack such infrastructure.Consumers in areas with PNG networks, including those in rented homes, will be required to transition, with officials treating gas as a basic utility similar to electricity and water. Around 60 lakh domestic and commercial consumers are estimated to be eligible for the shift, and about 2.2 lakh have already moved from LPG to PNG in recent days.The government is also accelerating the expansion of city gas distribution networks, with a target of providing 12.6 crore PNG connections by 2032.



Source link

‘Ek ko papa chun le’: Harbhajan Singh’s reply to ‘three clowns’ jibe goes viral | Cricket News


'Ek ko papa chun le': Harbhajan Singh’s reply to ‘three clowns’ jibe goes viral
Harbhajan Singh (PTI Photo)

NEW DELHI: Former India spinner Harbhajan Singh found himself at the centre of a viral social media moment after hitting back at a troll during an IPL broadcast. Known for his outspoken nature, Harbhajan didn’t hold back when he saw a disrespectful comment aimed at him and his fellow commentators.The incident began when a user on X posted a picture of Harbhajan Singh along with Virender Sehwag and Aakash Chopra from an IPL commentary panel and captioned it “three clowns.”

Watch

Greenstone Lobo predicts IPL 2026 winner

The post quickly gained traction, with fans reacting in different ways, some criticising the harsh comment, while others waited to see if any of the former cricketers would respond.Harbhajan soon replied with a witty yet pointed comeback: “Inme se ek ko papa chun le.” His response instantly went viral, with many fans praising his sense of humour and calling it a perfect reply to trolling. At the same time, a section of users debated whether such sharp responses were necessary or if it added to online negativity.The episode highlights how active former cricketers are on social media today, often engaging directly with fans and critics. During major tournaments like the IPL, commentary panels come under intense scrutiny, and opinions can sometimes turn into trolling.While criticism is part of the game, moments like these show how quickly things can escalate online. In this case, Harbhajan’s reply shifted the conversation, turning a negative comment into a widely discussed and shared moment.In the end, what started as a troll turned into a viral highlight, once again proving how powerful and unpredictable social media reactions can be in the world of cricket.



Source link

OpenAI founder Vinod Khosla proposes: Remove income tax on Americans earning less than $100,000 by …


OpenAI founder Vinod Khosla proposes: Remove income tax on Americans earning less than $100,000 by ...

Vinod Khosla has proposed changes to the US tax system to address concerns about job losses linked to artificial intelligence (AI). He suggested eliminating federal income tax for Americans earning less than $100,000 and managing the revenue by increasing taxes on capital gains. Khosla said taxing capital gains at the same rate as income could allow around 125 million lower- and middle-income Americans to avoid paying federal income tax without reducing government revenues. The American venture capitalist and one of OpenAI’s early investors has argued that American policymakers need to respond to growing public anxiety and has outlined the need to rethink how income and capital are taxed as AI reshapes the economy.Speaking at a forum in Washington, Khosla told the Financial Times, “When I talk to people, the biggest thing is fear of AI taking their job by far,” adding that this would be “the single biggest issue” in the 2028 US presidential election cycle.The report notes that AI has moved higher on voters’ list of concerns this year, as its effects on areas such as jobs, the economy, mental health and warfare have become more visible. The Trump administration has opposed attempts by individual states to introduce stricter rules. However, there are signs of a divide within, as some supporters are calling for tighter controls on AI.

What Vinod Khosla said about the current US AI policy

Khosla, who was a major Democratic donor in recent election cycles, said the Trump administration had “generally done a pretty good job” on AI policy, the FT report noted.He pointed to AI and crypto tsar David Sacks and senior State Department official Jacob Helberg, who co-hosts this week’s Hill and Valley Forum. Helberg is married to Keith Rabois, a managing director at Khosla’s firm.At the same time, he said Trump has a “complete lack of values of any sort” and a “negotiating style that destroys credibility”.Khosla added that he had not decided who to support for president in 2028. He criticised two frequently discussed Republican contenders: vice-president JD Vance and secretary of state Marco Rubio for tolerating Trump’s “values”.He also criticised Democrats, saying the party’s weaker fundraising ahead of the November midterm elections reflects donor “frustration with going too far left”.He said he had spoken “briefly” with California governor Gavin Newsom, a Democrat, about AI but was looking for a “surprise” presidential candidate to emerge, the report added.“Democrats are too focused on the wrong thing, which is job preservation, not providing security to those who are displaced. Those are fundamentally different things. So, we’ll see who comes out in the middle. My view is every election cycle we have a surprise. Obama was a surprise. Trump was a surprise . . . So I’m hoping we’ll have a surprise,” Khosla added.



Source link

Anduril founder Palmer Luckey is clear on when he would sell weapons to North Korea: If …


Anduril founder Palmer Luckey is clear on when he would sell weapons to North Korea: If ...

Anduril founder Palmer Luckey has now made it clear that his company’s arms sales will always align with US government policy even if it that meant selling weapons to North Korea, according to a report by Fortune. “If the U.S. asks me to, yes,” Luckey told Fortune at the Singapore Airshow in February. He added: “I’m never going to promise to do something the US wouldn’t do.Parlmer Luckey founded Anduril in 2017 after his departure from Facebook. His defense startup quickly became America’s most closely watched defense startups. Anduril’s products include the Fury drone, designed to fly alongside fighter jets, and the Ghost Shark submarine, already contracted by Australia for $1.1 billion. The company is riding a global defense spending boom, with revenues projected at $4.3 billion this year and a potential valuation of $60 billion in upcoming funding rounds.

Anduril to align with US policy

Luckey’s stance that arms markers should act as extensions of US foreign policy which places him at the centre of debates about alliance politics in Asia, the rise of Chinese military hardware, and the role of tech billionaires in matters of war and peace. He also emphasise that Anduril will not act independently of Washington, “If a country asks me ‘commit to supporting this even if the U.S. doesn’t want to,’ all I can say is no. I’m not willing to go to prison to sell you spare parts.”

Anduril’s global expansion plans and pushback

For the uninitiated, Anduril has signed deals with Japan, South Korea, and Taiwan moves which prompted Beijing to sanction both the company and Luckey personally. While allies see Anduril as a partner in strengthening defense, critics worry about the Implications of a private tech firms wielding such influence over military supply chains.Luckey has also reportedly warned that the US risks falling behind China in defense manufacturing. He also stresses on the fact that China focuses on mass producible, easily repairable systems which mirrors America’s World War II strategy, while the U.S. today builds “exquisite systems without regard for manufacturability.” To counter this, Anduril is building a 5-million-square-foot “Arsenal-1” factory in Ohio to mass-produce drones and weapons by 2026.

Luckey’s views reflect a broader shift in Silicon Valley

The latest comments made by Luckey highlight the broader shift in Silicon Valley, where companies are increasingly embracing defense work. He has criticized rivals like Anthropic, which refused Pentagon requests to loosen restrictions on its AI, saying: “At the end of the day, you have to believe…that our imperfect constitutional republic is still good enough to run a country without outsourcing the real levers of power to billionaires and corpos.



Source link