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Amit Shah speaks to J&K LG over stampede at Vaishno Devi shrine

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Amit-Shah

Union Home Minister Amit Shah on Saturday spoke to Jammu and Kashmir Lieutenant Governor Manoj Sinha over the Vaishno Devi stampede which claimed at least 12 lives.

The LG reported that the administration is providing treatment and medical aid to the injured.

Sinha also informed that a high-level inquiry has been ordered into the incident. The inquiry committee will be headed by Principal Secretary(Home) with Additional Director General of Police, Jammu and Divisional Commissioner of Jammu as members.

At least 12 people were killed and around 20 others injured in the stampede.

Shah, expressing grief and anguish over the stampede, said that he was deeply pained by the tragic accident at Vaishno Devi temple. “I have spoken to the Lieutenant Governor of J&K Manoj Sinha. The Administration is working continuously to provide treatment to the injured. I also express my condolences to the families whose kin lost their life in this stampede”, Shah tweeted.

Meanwhile, Union Minister of State Dr Jitendra Singh said that he is immediately rushing to Katra to take stock of the situation at Mata Vaishno Devi shrine. “I look forward toA have a detail discussion with the administration and report it back to Hon’ble PM@NarendraModi,” he tweeted.

National News

Mumbai: 6 Minors Go Missing Within 24 Hours In City, Police Launch Probe

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Mumbai: Six minors – three girls and three boys – aged between 12 and 17 have gone missing within just 24 hours between August 27 and 28, officials said on Sunday.

The sudden spate of disappearances has left both parents and the police deeply concerned. Missing complaints have been registered at Shivaji Nagar, Malad, Kurar, and Ghatkopar police stations. Police have registered kidnapping cases against unidentified persons and launched a probe.

So far, no ransom calls have been reported, though officials said all possibilities are being examined, including the likelihood of elopement in a few cases.

To intensify the search, police have circulated photos of the missing children across crowded city areas including railway stations, bus depots, hospitals, and other public places. Special ‘missing squads’ have been activated in all police stations.

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Business

Private Corporate Investment To Cross From ₹2.2 To ₹2.67 Lakh Crore In 2025–26 Aided By RBI’s 100-Basis-Point Rate Cut

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Mumbai: Private corporate investment is expected to cross Rs 2.67 lakh crore in 2025–26 from Rs 2.2 lakh crore in 20254-25, aided by robust macroeconomic fundamentals, improved balance sheets, rising capacity utilisation, easy liquidity conditions, infrastructure push, and the 100-basis points policy rate cut starting from February 2025, according to the RBI’s latest monthly bulletin. Private corporate investment remained as one of the vital contributors to India’s long-term growth trajectory.

After a period of subdued activity during the pandemic years, the investment cycle is being rejuvenated by a confluence of supportive factors.In 2024–25, the macroeconomic backdrop is characterised by robust GDP growth, sustained disinflation, and a consequent conducive monetary policy stance, the article states.

Over the past few years, Indian corporates have undergone a phase of balance sheet repair, aided by deleveraging, improved cash flows, and strong profitability across several sectors.

The banking sector’s improved asset quality and abundant liquidity have further enhanced the credit environment, translating into easier access to financing for capacity expansion.Recent trends in high-frequency indicators — such as rising imports of capital goods, improved capacity utilisation, and increased flows in corporate bond markets — signal renewed investment appetite among firms.

Additionally, sector-specific policies, such as the Production-Linked Incentive (PLI) schemes, energy transition investments, and digital infrastructure expansion, are incentivising corporates to undertake fresh investments.The domestic economy continues to demonstrate resilience, with real GDP growth of 6.5 per cent in 2024–25, making India the fastest-growing major economy, underpinned by robust domestic demand, and steady progress on public infrastructure investments.

Investment in green field (new) projects accounted for the lion share of about 92 per cent in the total cost of projects financed by banks and financial institutions during 2024-25, in line with the trend seen in the past.

Greenfield investment generally brings new and additional resources and assets to the firms and leads to gross fixed capital formation (GFCF).Higher investment in green filed projects thus points to likely capacity expansion by private corporates going forward, according to the article.

The industry-wise distribution of projects sanctioned during 2024-25 indicates that the infrastructure sector remained the major sector accounting for 50.6 per cent share in the total cost of projects, primarily driven by investment in ‘Power’, followed by ‘Road & bridges’.Beside infrastructure, among the other major industries, chemicals and pesticides, construction, electrical equipment, and metal & metal products also accounted for the sizable share in the total cost of projects.

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National News

Kolkata Police arrest 3 for vandalism at Bengal Congress headquarters

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Kolkata, Aug 30: Kolkata Police on Saturday arrested three persons in connection with the attack on the West Bengal Congress headquarters in the city.

At the same time, the police have started a search for BJP leader Rakesh Singh, who is accused of masterminding the attack at Bidhan Bhawan. Police said the arrests have been made based on an FIR lodged by the Congress on Friday against the attack and defacing of posters of party leaders Rahul Gandhi and others.

“Three persons were arrested. Search is on for others, including Rakesh Singh, against whom the FIR was lodged,” said a senior officer of Kolkata Police.

A case has also been registered against the accused persons under the Arms Act. Sources said over 20 people have been named in the police complaint lodged at Entally Police Station in Central Kolkata.

After registering an FIR, police went to the house of Rakesh Singh on Friday night, but the BJP leader was not at his house.

On Friday, a group of BJP workers led by its leader Rakesh Singh went on a rampage at the state Congress headquarters at CIT Road in central Kolkata, burning party flags and defacing posters of party leaders Rahul Gandhi and others to mark their protest against alleged abuses hurled at Prime Minister Narendra Modi during Rahul Gandhi’s ‘Voter Adhikar Yatra’ in Bihar.

The workers at first protested outside the West Bengal Pradesh Congress Committee (WBPCC) office ‘Bidhan Bhawan’ in central Kolkata, then they burnt Congress party flags and tyres. Thereafter, they went inside the party office premises, tore up posters and banners and defaced photographs of senior party leaders.

Following the incident, Congress party’s West Bengal unit President Subhankar Sarkar demanded the immediate arrest of those who were involved in the attack. Led by him, Congress workers also put up a road blockade at Moulali crossing to mark their protest against the vandalism.

The BJP has been criticising senior Congress leader Rahul Gandhi, after a purported video showed an unidentified person using a Hindi expletive against Prime Minister Narendra Modi and his mother from a dais during the Voter Adhikar Yatra in Darbhanga town of Bihar, from where Gandhi, Congress general secretary Priyanka Vadra and RJD leader Tejashwi Yadav had left for Muzaffarpur on motorcycles on Wednesday.

The Bihar Police on Friday arrested the person who allegedly used abusive language against the PM.

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