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Live news updates: A bench comprising Justices D Y Chandrachud, Surya Kant, and Vikram Nath said there was no merit in the review petition
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Vehicular traffic on the Jammu-Srinagar national highway resumed on Friday after blockades caused by shooting stones and mudslides in Ramban district were cleared, officials said.
"Jammu-Srinagar highway is through. Many stretches are still single way open for traffic and intermittent shooting stones still going on, a traffic advisory said.
It said stranded vehicles were being cleared and people are advised not to travel on the highway without confirmation from traffic police.
Convoys of Amarnath pilgrims from Jammu have been allowed to move towards Kashmir valley, officials said.
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Sri Lankan President Ranil Wickremesinghe has initiated negotiations with the Opposition parties to persuade them to join an all-party government led by him as part of his efforts to establish trust in his administration and help the bankrupt country to recover from the worst economic crisis, according to media reports on Friday.
Talks are expected to be completed in one week, the Daily Mirror newspaper quoted sources as saying.
Wickremesinghe on Thursday held talks with the Sri Lanka Freedom Party (SLFP) of former president Miathripala Sirisena.
The main opposition Samagi Jana Balawegaya (SJB) party, however, will not join the government, the newspaper reported.
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Rishi Sunak and Liz Truss, the two finalists in the race to succeed Boris Johnson as the Conservative Party leader and British Prime Minister, were grilled on their policies in the first hustings directly addressing Tory party members who will be voting in the election.
While the economy and cost-of-living crises were the focal point as in earlier television debates, there were wider questions at the hustings in Leeds in Yorkshire, northern England, on Thursday night from the membership reflecting their loyalty to Johnson.
In a dramatic moment, a Tory member questioned Sunak's decision to quit as Chancellor earlier this month and accused the former minister of back-stabbing his former boss.
1:30 PM
The Supreme Court has dismissed a plea seeking review of its order upholding the One Rank-One Pension (OROP) principle adopted by the Centre in its 2015 communication issued to the Chiefs of three defence forces, saying it neither suffers from any Constitutional infirmity nor is it arbitrary.
A bench comprising Justices D Y Chandrachud, Surya Kant, and Vikram Nath said there was no merit in the review petition.
Application for listing the review petition in open Court is rejected. We have carefully gone through the review petition and the connected papers. We find no merit in the review petition and the same is accordingly dismissed, the bench said.
The apex court on March 16 had upheld the One Rank-One Pension (OROP) principle adopted by the Centre.
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With the funding to fintechs seeing a sharp 30 per cent drop in the June quarter, valuation is expected to shift from payments to lending-led fintechs that will get the maximum wallet share ahead, according to a report.
As against this sharp fall, funding to the sector jumped a whopping 157 per cent year-on-year growth to USD 8 billion in 2021. Most of the funding went to payments at USD 2.7 billion, closely followed by lending at USD 2.6 billion, global consultancy BCG said in the report on Thursday.
However, this is going to change as the lending segment is saddled with low margins as everyone tries to outbid each other for the market share volumes, the report said, adding that by 2025, the valuation of lending-led fintechs will jump nearly three times to 35 per cent from 13 per cent in 2021, while that of payments companies it will more than halve to 22 per cent from 50 per cent.
Credit quality continues to be a key priority for fintechs, given that the industry-wide gross NPAs hover at 20 per cent now.
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Odisha Chief Minister Naveen Patnaik has said that the election of the daughter of the soil Droupadi Murmu as the 15th president of the country has added a chapter in the glorious identity of the state.
In his first signed article in 22 years of his helming the state, which was published in all the leading Odia dailies on Thursday, Patnaik spoke of his joyful experience while attending the swearing-in ceremony of Murmu, the first from the state to assume the country's topmost constitutional post.
He was among the 100 people from Odisha who attended the ceremony at the central Hall of Parliament on July 25.
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Opposition MPs continued their 50-hour day-night sit-in protest on Friday morning in front of the Mahatma Gandhi statue inside Parliament premises to mark their strong protest against their suspension and the central government which they claimed was not ready to hold discussion over key issues like price rise and increased GST rates.
A total of 27 MPs including 23 Rajya Sabha MPs and 4 Lok Sabha MPs have been suspended for "unruly behaviour" during the ongoing Monsoon session of Parliament. This is learnt to be the highest number of single-batch suspensions in the Upper House.
The 50-hour long sit-in is likely to end around 5 pm on Friday. MPs, who were suspended for the week for their "unruly behaviour and disrupting proceedings" in the Parliament, had started the sit-in protest Wednesday afternoon.
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At least 357 people have died and over 400 others injured as heavy monsoon rain have continued to batter Pakistan for more than five weeks, the National Disaster Management Authority (NDMA) said.
Besides human loss, infrastructure, road networks and houses have also been damaged due to the heavy monsoon rains and flash flooding across Pakistan since June 14, official sources from the NDMA told Xinhua news agency on Thursday.
A total of 23,792 homes have been fully or partially damaged, making thousands of people displaced, according to the NDMA statistics, adding that the heavy downpour have also damaged dozens of bridges and shops.
9:35 AM
India has voted in favour of a UN General Assembly resolution that recognises the right to a clean, healthy and sustainable environment as a human right, but dissociated itself from an operative paragraph of the text and voiced its concerns over the procedure and substance of the resolution.
The 193-member General Assembly adopted the resolution on Thursday with 161 votes in favour and abstentions by Belarus, Cambodia, China, Ethiopia, Iran, Kyrgyzstan, Russia and Syria.
While India voted in favour of the resolution, it voiced its concerns over the procedure and substance of the resolution.
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First Published: Jul 29 2022 | 7:38 AM IST