India to Lose 3,500 Millionaires in 2025, Wealth Migration May Cost $26 Billion

India is projected to witness the departure of 3,500 high-net-worth individuals (HNWIs) in 2025, marking a continued trend of outbound wealth migration, according to the Henley Private Wealth Migration Report 2025. While the number is lower than the 4,300 exits in 2024, the estimated capital outflow stands at a staggering $26.2 billion, raising concerns over…

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Ex-CJI Chandrachud Backs Simultaneous Polls, Says Staggered Elections Not in Original Constitution

Former Chief Justice of India D.Y. Chandrachud has expressed strong support for the One Nation, One Election proposal, stating that staggered elections were never a feature of the original Constitution. In a written submission to the Parliamentary Joint Committee reviewing the 129th Constitutional Amendment Bill, 2024, he argued that simultaneous elections do not violate the…

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Hyderabad Becomes Rafale Hub as Safran Launches MRO Unit, 900 Jobs in Pipeline

Hyderabad is rapidly cementing its status as India’s premier aerospace hub with French aerospace giant Safran announcing the establishment of a Maintenance, Repair, and Overhaul (MRO) facility for Rafale fighter jet engines. The new unit, named Safran Aircraft Engine Services India, will focus on servicing the M88 engines that power the Rafale fleet, including the…

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CM Stalin Inaugurates ₹197.81 Cr Super-Speciality Hospital in Vellore, Draws Massive Crowd

Tamil Nadu Chief Minister M.K. Stalin inaugurated the state-of-the-art Pentland Government Vellore Super Multi-Speciality Hospital on June 25, marking a major milestone in the region’s healthcare infrastructure. Built at a cost of ₹197.81 crore, the facility is located within the historic Pentland Hospital campus and is expected to significantly enhance tertiary medical services in northern…

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Ghaziabad to Get New Township Near Delhi-Meerut Expressway; Land Acquisition Begins in 8 Villages

The Ghaziabad Development Authority (GDA) has initiated a major urban expansion project with the proposed Harnandipuram Township, strategically located near the Delhi-Meerut Expressway and the Regional Rapid Transit System (RRTS) corridor. The township is expected to transform the region’s real estate landscape with modern infrastructure, smart amenities, and enhanced connectivity to Delhi. Land Acquisition Underway…

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World Bank Approves $426 Million to Revive Bengaluru’s 183 Lakes, Boost Urban Water Security

In a landmark move to strengthen urban resilience and water sustainability, the World Bank has approved a $426 million (₹3,700 crore) loan for the Karnataka Water Security and Resilience Programme, aimed at reviving 183 lakes across Bengaluru. The initiative is expected to benefit over four million residents, enhance flood mitigation, and modernize the city’s aging…

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China Arms Pakistan With J-35A Stealth Jets: India Faces Two-Front Missile Threat

China’s decision to supply fifth-generation J-35A stealth fighter jets to Pakistan has triggered serious concerns in India’s strategic and defense circles, raising the specter of a two-front missile and air warfare scenario involving both China and Pakistan. The development marks a significant escalation in regional military dynamics, with experts warning of a potential shift in…

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India Refuses to Sign SCO Document Over Pahalgam Attack Silence, Balochistan Mention

India has refused to endorse a joint statement at the Shanghai Cooperation Organisation (SCO) Defence Ministers’ meeting in Qingdao, China, after the document omitted reference to the April 22 Pahalgam terror attack and included a controversial mention of Balochistan. The move, led by Defence Minister Rajnath Singh, underscores India’s zero-tolerance stance on terrorism and its…

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