This week in India was packed with news, from corporate milestones to political controversies and social issues. Here’s a rundown of the major events that unfolded:
Reliance Industries Sets New Records
Reliance Industries Limited (RIL), under the leadership of Mukesh Ambani, held its 47th Annual General Meeting (AGM) on August 29th. The event triggered a surge in the Indian stock market, pushing the Sensex and Nifty 50 to new all-time highs. The AGM also saw RIL announce a 1:1 bonus share issue, further fueling market enthusiasm.
Kolkata Rape Case Sparks Outrage and Political Tensions
The tragic rape and murder of a trainee doctor at Kolkata’s RG Kar Medical College and Hospital sparked widespread outrage and protests. The incident led to heated political rhetoric, with West Bengal Chief Minister Mamata Banerjee alleging that Prime Minister Narendra Modi was using the BJP to stir up unrest in the state. President Droupadi Murmu also expressed her concern over the incident, lamenting the prevalence of sexual violence in India.
Political Developments and Legal Battles
The political landscape saw several significant developments. Former Jharkhand Chief Minister Champai Soren joined the BJP, a move seen as a strategic move to strengthen the party’s base among tribal communities. Meanwhile, K Kavitha, a leader of the Bharat Rashtra Samithi (BRS), was granted bail by the Supreme Court in the Delhi excise policy case. The court also criticized the CBI and ED for their handling of the investigation.
Sports and Beyond
India’s performance at the Paris Paralympics 2024 began with a bang. Avani Lekhara secured a historic gold medal in the women’s 10m air rifle standing SH1 event, followed by bronze medals for Mona Agarwal and Preeti Pal.
Beyond politics and sports, the week also saw a call from Telugu actors and filmmakers for the Telangana government to release a report similar to the Hema Committee Report, aimed at addressing sexual harassment in the Telugu film industry.
Overall, this week in India was marked by a mix of positive developments, such as the success of RIL and India’s Paralympic victories, alongside sobering reminders of pressing social issues, like the Kolkata rape case and the ongoing fight against corruption.
