Morning Digest | SEBI chief’s rebuttal confirms ‘massive conflict of interest’, says Hindenburg; Paris Olympics draws to a close with spectacular show, and more
The Hindu
The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on August 12, 2024.
SEBI chief’s rebuttal confirms ‘massive conflict of interest’, raises fresh questions: Hindenburg Research
Hours after the stock market regulator’s chairperson Madhabi Puri Buch, and her spouse Dhaval Buch, issued a clarification on a Hindenburg Research report red-flagging their investments in obscure offshore funds linked to the Adani group, and ownership of consulting firms, the U.S.-based short seller said their rebuttal contains important ‘admissions’, raises fresh questions and confirms a ‘massive conflict of interest’.
Hindenburg Research report on SEBI chief raises political storm
Leader of Opposition in the Lok Sabha, Rahul Gandhi, on Sunday demanded a Joint Parliamentary Committee (JPC) inquiry into the charges against Securities and Exchange Board of India (SEBI) chief Madhabi Puri Buch in the latest Hindenburg report. The BJP dismissed the claims asserting that many global forces, with the help of the Congress “dynasty”, were attempting to hinder India’s progress.
Adani case: Supreme Court had said it can transfer probe if bias found
The Supreme Court had said cogent evidence of bias or portrayal of inadequacy would convince it to transfer a probe to an independent agency or a court-appointed Special Investigation (SIT) while refusing a plea to drop Securities Exchange Board of India (SEBI) from investigating Hindenburg’s allegations of share price manipulations and other irregularities against the Adani group.
Protests continue in Bengal over rape, murder of Kolkata doctor
Russia claims control of Potapivka village in Ukraine's Sumy region amid ongoing military efforts to establish a buffer zone.
Iranian missile strikes on Israeli towns cause widespread damage and injuries, marking a significant escalation in the ongoing conflict.
As Gor makes first trip as U.S. Special envoy to South Asia, Delhi watches strategic signals closely
Sergio Gor's inaugural trip as U.S. Special Envoy to South Asia signals strategic U.S. engagement amid regional tensions.
Slovenians vote in a tight election between liberal and populist candidates, impacting the country's future domestic and foreign policies.
Netanyahu asserts U.S.-Israel alliance fights Iranian threats, emphasizing global security after missile strikes on Israeli and European targets.
Israeli settlers attack Palestinian villages in the West Bank, causing injuries and destruction amid ongoing settlement expansion.
Britain asserts no evidence of Iran planning missile strikes on Europe, despite Israeli claims of missile capabilities.
UNESCO reports over half of countries have banned phones in schools due to concerns about attention, cyberbullying, and social media impact.
Analysis reveals a U.S.-operated Patriot missile likely caused a pre-dawn explosion in Bahrain, injuring numerous civilians.
Sri Lanka raises fuel prices by 25% amid ongoing West Asia conflict, impacting petrol and diesel costs significantly.
Iran strikes near Israeli nuclear research center as Trump threatens attacks on Iranian power plants
Iran's missile strikes near Israel's nuclear site escalate tensions as Trump threatens retaliation against Iranian power plants.
Saudi Arabia intercepts one of three ballistic missiles targeting Riyadh amid ongoing regional tensions and threats from Iran.
Iran's death toll exceeds 1,500 amid escalating war, with heavy airstrikes and shifting U.S. and Israel strategies reported.