Arresting Ramesh Mhatre is not enough, he must be suspended: Rajdeep's take

Residents in Mumbai face a surge in living costs as prices of milk, CNG, and PNG increase on 1 September. Dairy milk rates have risen by seven to eight rupees, crossing the hundred-rupee mark to reach between 110 and 112 rupees per litre due to increased cattle feed costs. Meanwhile, Mahanagar Gas has raised CNG and cooking PNG prices, with suppliers citing shortages and supply disruptions caused by attacks on LNG plants in Gulf nations amid the Middle East crisis. The price hike directly impacts thirteen lakh CNG vehicles, raising expected auto and cab fares while inflating monthly household budgets and cutting into citizens' savings.

A five-member special bench of the National Company Law Tribunal has stayed its August 25 order in the personal insolvency case against Subhash Chandra. The previous three-member bench had partly approved a settlement of 6.5 crore rupees against claims exceeding 22,000 crore rupees, prompting objections from banks and public sector undertakings including LIC, Canara Bank, and Union Bank of India. The tribunal observed that the earlier verdict lacked an actionable majority opinion under Section 419(5) and acknowledged concerns regarding voting by related-party creditors. With the stay in place, Subhash Chandra cannot sell, alienate, or dispose of assets while the bench re-examines the matter after hearing all financial creditors.

At the Shanghai Cooperation Organisation summit, discussions focused on tackling cross-border narco-terrorism, dismantling terror networks, and strengthening regional security. It was emphasised that drug trafficking is not merely a crime but a severe threat to younger generations and regional stability. Member states were urged to establish effective instruments for practical coordination and timely action to counter security threats, organised crime, and illicit drug trade. Concerns were highlighted regarding illicit drug profits being funnelled through informal financial channels, shell companies, and cryptocurrency wallets to fund terror ecosystems. The discussions also addressed cross-border trafficking affecting border areas, alongside critical regional issues including counter-terrorism, connectivity respecting territorial integrity and sovereignty, energy security, and regional stability across Eurasia and Central Asia.

The scale of devastation in Nepal continues to unfold as the death toll mounts to nearly one thousand, with thousands reported missing. Rescue agencies are actively searching for survivors amid a major calamity and humanitarian crisis. In Dhungue Bazaar, the aftermath of the disaster has forced many residents to leave the pocket. The report highlights the situation on the ground through two children and a pet dog named Lily, who has spent five days roaming the area in search of missing local residents and caretakers who used to feed her.