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Wednesday, March 4, 2026
TopicBhushan Steel-JSW

Topic: Bhushan Steel-JSW

Why SC overturned its earlier order, upheld JSW’s takeover plan for Bhushan Power & Steel

SC bench was examining review pleas that questioned its May order to liquidate the company; says JSW turned Bhushan Power from a loss-making to a profit-making entity.

Bhushan Steel-JSW saga exposes cracks in insolvency code. Where’s the finality?

If every resolution is subject to reversal years later, and every acquirer must factor in the risk of ED or other state action, then the core promise of the code is being undermined.

On Camera

Khamenei’s assassination—what did US achieve by ripping up international law

Even if Narendra Modi is too petrified to take a stand, the Congress and Sonia Gandhi have rightly criticised this outright violation of international norms.

India has ‘40–45 days’ of crude cover, but long-term Hormuz disruption could inflate import bill

India’s strategic reserves offer a temporary cushion as the Hormuz blockade amid US-Israel war against Iran jolts global energy markets and threatens energy security.

France expands nuclear arsenal after decades, to extend umbrella across Europe. Here’s what it means

Announcement comes amid sustained strain on trans-atlantic alliance, with French President Macron declaring that France will forge an independent European security architecture.

Pakistan is fighting a two-front war. I saw it coming 15 yrs ago

The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal.