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India’s power boost: T&D sector to remain strong, supported by Rs 9 lakh crore capex push

In upcoming years, India’s transmission and distribution (T&D) sector is expected to see steady growth, lifted by investment of almost Rs 9 trillion or Rs 9 lakh crore through 2032. According to a report by Motilal Oswal Financial Services, the current investment cycle, which began in FY22-23, has already improved performance across the sector.It noted…

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A $300 million borrowing spike on Aave signals liquidity crunch after exploit

The aftershocks of the Saturday’s KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious. Int he first 24 hours post the attack, users on Aave borrowed approximately $300 million against their tether deposits of stablecoin tether USDT$1.0002 on the platform, according to Chaos Labs data. The borrowing spike isn’t a…

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Permanent alimony doesn’t automatically end maintenance: Why Orissa High Court refused to shut wife’s claim

Permanent alimony doesn’t automatically end maintenance: Orissa High Court refuses to shut wife’s claim (AI image) The Orissa High Court in an important decision on the interplay between divorce, permanent alimony and statutory maintenance has made it clear that a prior observation treating payments as permanent alimony does not, by itself, extinguish a subsisting maintenance…

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