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The UK government has warned it may take legal action against former Chelsea Football Club owner Roman Abramovich to ensure the £2.5 billion proceeds from the club’s 2022 sale are directed toward Ukrainian humanitarian aid. The funds have remained frozen in a UK bank account since the sale, as Abramovich was sanctioned following Russia’s full-scale invasion of Ukraine. While the government insists the money must support those suffering in Ukraine, Abramovich has argued it should benefit “all victims of the war,” including those in Russia.

In a joint statement, Chancellor Rachel Reeves and Foreign Secretary David Lammy expressed frustration over the ongoing deadlock, stating they are “fully prepared to pursue this through the courts if required.” They reaffirmed their commitment to ensuring the money reaches humanitarian causes in Ukraine as quickly as possible, criticizing the lack of progress in reaching an agreement with Abramovich. Despite the oligarch receiving a special license to sell the club under strict conditions, including that he would not profit, negotiations have stalled over differing interpretations of how the funds should be allocated.

The legal ownership of the money remains with Abramovich under UK law, but sanctions prevent him from accessing it. The impasse has drawn criticism, including from a House of Lords committee that labeled the delay “incomprehensible” and said it reflected poorly on both Abramovich and the UK government. The committee also noted that a more binding commitment should have been secured at the time of the sale.

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Nationalist candidate Karol Nawrocki narrowly defeated centrist rival Rafal Trzaskowski in Poland’s presidential election, securing 50.89% of the vote against Trzaskowski’s 49.11%, according to official results released Monday. Nawrocki, backed by the opposition Law and Justice (PiS) party, ran on a platform opposing Prime Minister Donald Tusk’s liberal agenda, positioning the vote as a referendum on the current government’s policies. The outcome delivers a major blow to Tusk’s pro-European Civic Coalition and signals the likelihood of increased political deadlock.

Nawrocki, a conservative historian and former head of Poland’s remembrance institute, is expected to use his veto power to stall liberal reforms, particularly in areas such as judiciary overhaul and abortion rights. His victory follows a campaign marked by nationalist rhetoric and controversy, including scrutiny over a past property deal and involvement in staged fights. Turnout hit a record 71.31% for a presidential run-off, underscoring the nation’s deep political divide.

The result has drawn praise from nationalist and eurosceptic leaders across Europe, including Hungary’s Viktor Orban and Czech opposition leader Andrej Babis, while investors reacted negatively, with Warsaw’s stock index falling and the zloty weakening. Despite concerns in Brussels, European Commission President Ursula von der Leyen expressed hope for continued cooperation. As Poland braces for more legislative clashes, observers warn of intensified tensions between the presidency and parliament, raising uncertainty about the country’s policy direction.

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British comedian and actor Russell Brand pleaded not guilty on Friday at Southwark Crown Court to five criminal charges, including rape, indecent assault, and sexual assault, involving four women between 1999 and 2005. The 49-year-old, once a prominent broadcaster and former husband of U.S. pop star Katy Perry, appeared in court to formally deny all allegations and is scheduled to stand trial in June 2026.

Prosecutors had announced in April that Brand faced two counts of rape, one of indecent assault, and two of sexual assault. Since the allegations first surfaced in 2023 through an investigation by the Sunday Times and Channel 4’s “Dispatches,” Brand has consistently denied any non-consensual behavior. In a video released after the charges, he admitted to being a “sex addict” in his earlier years but firmly stated, “what I never was, was a rapist.”

Brand rose to fame in the 2000s with regular appearances on British television, work with the BBC, and film roles such as in Get Him to the Greek. He married Katy Perry in 2010, but the couple divorced just over a year later. In recent years, Brand has shifted his focus to digital platforms, using his internet channel to share views on politics and free speech. Now a self-declared Christian, he continues to reject all allegations against him.

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Consumers in the euro zone raised their short-term inflation expectations in April, reflecting heightened economic uncertainty driven by a global trade war, according to the European Central Bank’s (ECB) Consumer Expectations Survey released on Wednesday. Households now anticipate inflation to hit 3.1% over the next year, up from 2.9% in March, significantly surpassing the ECB’s 2% inflation target.

Despite these rising short-term expectations, the outlook for medium- and long-term inflation remains steady. The ECB noted that consumers continue to expect price growth at 2.5% in three years and 2.1% in five years. These figures are based on a survey of 19,000 adults across 11 euro zone nations, suggesting persistent uncertainty without a dramatic shift in longer-term consumer sentiment.

The ECB’s own projections indicate that inflation should slow in the coming months, citing subdued economic growth, modest wage increases, declining energy prices, and a stronger euro. However, the divergence between consumer expectations and ECB forecasts—coupled with ongoing concerns about U.S. tariffs—is pushing the central bank toward another interest rate cut, expected to be the eighth in just over a year.

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At the confluence of innovation, leadership, and forward-thinking, the Manappuram Unique Times Conclave 2025 emerged as a seminal event in India’s business landscape. Hosted at the refined Le Meridien Kochi, the conclave brought together thought leaders under the visionary theme, “How to Create Value in Your Business.” Spearheaded by Pegasus Global Pvt Ltd under the stewardship of Dr Ajit Ravi, this year’s conclave reinforced its position as a transformative platform for idea exchange and enterprise evolution.

With CA Vivek Krishna Govind of Varma & Varma, Chartered Accountants, steering the panel discussion, the conclave welcomed a powerhouse of leaders: V P Nandakumar (MD & CEO, Manappuram Finance Ltd), Dr Sumitha Nandakumar (Executive Director, Manappuram Finance Ltd), Dr. Jolly Antony (Chairman, Vibe Munnar and Managing Director, Fog Resort & Spa), CA Sreejith Kuniyil (Founder, CAPITAIRE & PravasiTax), Dr. Fathima Nilufer Sheriff (CEO, Therefore I’m), Navas Meeran (Chairman, Group Meeran & CEO, Eastern Condiments), Sir Sohan Roy SK (Founder, Chairman & CEO, Aries Group), and Muhammed Madani K (Founder & MD, ABC Group).

Each shared invaluable wisdom on value creation amidst today’s business complexities. From financial empowerment to digital innovation, ethical leadership to sustainability, the panel explored the vital elements shaping resilient enterprises. Attendees walked away empowered, enriched, and equipped to redefine value within their organizations.

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The Mrs Kerala Global 2025 title has been rightfully claimed by Dhanya Sanjeev, in a grand spectacle held at Le Meridien, Kochi on May 26th. The esteemed event, powered by Alcazar Watches and DQUE, was orchestrated by Pegasus Global Pvt Ltd, a pioneer in creating empowering platforms for women. Harsha Sunny and Devika Vijaykumar were named first and second runners-up, respectively. The title winner was crowned by Revathy Mohan (Mrs Kerala Global 2024), while Dr Ajit Ravi, Chairman of Pegasus, and Jebitha Ajit, Managing Director of Pegasus Global Pvt Ltd, crowned the first and second runners-up, respectively.

12 talented women competed in the finale, reflecting excellence and elegance. Their performances turned the event into an inspiring celebration of personality, intellect, and charisma.

Subtitle Winners

Mrs Kerala Solidarity – Tintu Bissy

Mrs Kerala Fashionista – Devika Vijaykumar

Mrs Kerala Inspiring – Harsha Sunny

Mrs Kerala Vivacious – Devika Vijaykumar

Mrs Kerala Ramp Walk – Athira Sreedharan

Mrs Kerala Congeniality – Ramya P

Mrs Kerala Talent – Dhanya Sanjeev

Mrs Kerala Humaneness – Dhanya Sanjeev

A special panel, including Revathy Mohan (Mrs Kerala Global 2024), Lakshmi Atul (Director, Operations, Aries Group), Regi Bhaskar (Fashion Photographer), and Nisha Mathew (entrepreneur, actor, and producer) judged winners. The iconic gold crowns were presented by Preeti Prakash from Parakkat Jewels, reinforcing the sense of accomplishment for the winners.

The pageant saw robust backing from influential partners. While Alcazar Watches and DQUE led as main partners, additional support came from Manappuram Finance Ltd, Unique Times, Parakkat Resorts, SAJ Group Hotels & Resorts, and Green Media. Co-partners who enhanced the event’s reach and visibility included Kalpana International Salon & Spa, Aiswaria Advertisements, Europe Times, Times New, UT World, DQUE Soap, DQUE T-shirts, DQUE Watches, Unique Times, Akshay Inco, and JD Institute of Fashion Technology.

Finalists who took the stage were Anjela Francis, Athira Sreedharan, Devika Vijaykumar, Dhanya Sanjeev, Harsha Sunny, Prineesha Thomas, Ramya P, Rikhina Akhil, Saritha S N, Sheeja Naveen, Surya Suresh, and Tintu Bissy. More than just a pageant, the event stood as a tribute to the entrepreneurial, social, and personal aspirations of women across Kerala.

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At the grand finale held on May 26th at Le Meridien, Kochi, Shwetha Jayaram from Kerala was crowned 14th Alcazar Watches & DQUE Miss Queen of India 2025, with Livya Liffy from Kerala securing the first runner-up spot and Kavya Bali from Jammu & Kashmir taking home the second runner-up title. The title winner was crowned by Pegasus Chairman Dr. Ajit Ravi and Jebitha Ajit, Managing Director of Pegasus Global Pvt. Ltd. The first runner-up was crowned by Sajan Varghese, Chairman & MD of SAJ Hotels and Resorts, and Dr. Jolly Antony, Chairman of Vibe Munnar and Managing Director of Fog Resort & Spa. Dr. G. N. Ramesh, Rotary Governor, and Major Ravi crowned the second runner-up.

This year’s competition welcomed 14 charismatic contestants representing the various Indian states. They underwent comprehensive grooming sessions by industry experts to prepare for the national stage. The competition was structured around three elegant rounds — a traditional round in lehenga, a contemporary western wear segment, and a final evening gown round.

Organized by Pegasus Global Pvt Ltd, the pageant stood apart as the only one in the nation to eliminate the bikini round, reinforcing its values of dignity and cultural representation. The Miss Queen of India platform serves as a gateway to global pageants such as Miss Asia, Miss Asia Global, and Miss Glam World.

Regional Title Winners

Miss Queen North – Ritu Roat (Rajasthan)

Miss Queen West – Rupvardhini Kumar Saste (Maharashtra)

Miss Queen East – Bhupali Modak (West Bengal)

Miss Queen South – Sanjana Akasam (Telangana)

Subtitle Winners

Miss Talent – Rupvardhini Kumar Saste (Maharashtra)

Miss Solidarity – Mayuri Mishra (Maharashtra)

Miss Fashionista – Ritu Roat (Rajasthan)

Miss Congeniality – Deepika Krishnamurthy (Karnataka)

Miss Ramp Walk – Livya Liffy (Kerala)

Miss Humaneness – Shwetha Jayaram (Kerala) 

Miss Inspiring – Karishma Avinash Kadam (Maharashtra)

Miss Vivacious – Shwetha Jayaram (Kerala)

Esteemed personalities formed the judging panel, including Hari Anand, Harmeet Singh Gupta, Magen Fernandes, and Abhijeet Adurkar. Winners proudly wore gold crowns designed by Preeti Prakash of Parakkat Jewels, while subtitle awards were determined by a panel of distinguished evaluators.

The event was presented by Alcazar Watches and DQUE, with powered by partners including Manappuram Finance Ltd, Unique Times, Parakkat Resorts, SAJ Group Hotels & Resorts, and Green Media. Co-partners contributing to the success of the event were Kalpana International Salon & Spa, Aiswaria Advertisements, Europe Times, Times New, UT World, DQUE Soap, DQUE T-shirts, DQUE Watches, Unique Times, Akshay Inco, and JD Institute of Fashion Technology.

This year’s 14 contestants were:
Akshitha Sathyanarayana (Karnataka), Bhupali Modak (West Bengal), Deepika Krishnamurthy (Karnataka), Karishma Avinash Kadam (Maharashtra), Kavya Bali (Jammu & Kashmir), Livya Liffy (Kerala), Mayuri Mishra (Maharashtra), Meenakshi Unnikrishnan (Kerala), Ramyani Roysarkar (West Bengal), Ritu Roat (Rajasthan), Rupvardhini Kumar Saste (Maharashtra), Sanjana Akasam (Telangana), Shhukra Surryavanshi (Maharashtra), and Shwetha Jayaram (Kerala).

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Pegasus Global Pvt Ltd successfully hosted the 13th edition of Miss Queen Kerala on May 26th, 2025, at Le Meridien Kochi, where Durga Surendran was crowned the winner. Ashwaria Ullas and Soumya S Thomas were named the first and second runners-up, respectively. The prestigious pageant was presented by Alcazar Watches and DQUE.

The winner and first runner-up were crowned with golden tiaras by Pegasus Chairman Dr Ajit Ravi and Pegasus Global Private Limited Managing Director Jebitha Ajit. Sajan Varghese, Chairman & MD, SAJ Hotels and Resorts crowned the second runner-up.  A dazzling gold crown specially crafted by Preethi Prakash of Parakkat Jewels graced the heads of each triumphant winner, in a truly befitting tribute to their remarkable achievements.

The judging panel included eminent names such as Dalu Krishnadas (Fashion Choreographer), Lakshmi Atul (Director, Operations of Aries Group), Konchitha John (Miss Queen Kerala 2019, Model & Pageant Groom), and Reji Bhaskar (Fashion Photographer).

A total of 20 finalists were selected from across Kerala to compete in a series of three rounds, evaluating elegance, confidence, and personality.

Subtitle Winners

Miss Talent: Lakshmi Abhirami R Iyer

Miss Solidarity: Rosmi Shaji

Miss Fashionista: Ashwaria Ullas

Miss Congeniality: Harshitha J Pisharady

Miss Ramp Walk: Harshitha J Pisharady

Miss Humaneness: Lakshmi Abhirami R Iyer

Miss Inspiring: Durga Surendran

Miss Vivacious: Chyra Rose Luiz

In addition to the main partners Alcazar Watches and DQUE, Powered by partners included Manappuram Finance Ltd, Unique Times, Medimix, Parakkat Resorts, SAJ Group Hotels & Resorts, and Green Media. Co-partners were Kalpana International Salon & Spa, Aiswaria Advertisements, Europe Times, Times New, UT World, DQUE Soap, DQUE T-shirts, DQUE Watches, Unique Times, Akshay Inco, and JD Institute of Fashion Technology.

The participants of this year’s competition were:
Abhivandana S, Aiswarya Padmakumar, Aneeta L, Anet Anna K L, Anna Mariya Manoj, Ashwa, Ashwaria Ullas, Athulya Nagarajan, Chyra Rose Luiz, Durga Surendran, Gahazy Shiju Kunnath, Gayathri Pradeep, Glanciya Glodis, Harshitha J Pisharady, Irin Geovin, Lakshmi Abhirami R Iyer, Manisha Prem, Rosmi Shaji, Rubina Ross, and Soumya S Thomas.

Pic Courtesy: Pegasus Photography

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Pegasus Global Private Limited, under the visionary leadership of Dr. Ajit Ravi, is set to host the sixth edition of the Manappuram Unique Times Business Conclave 2025 on May 26th at Le Meridien, Kochi. This year’s theme, “How to Create Value in Your Business,” will focus on building enterprises that go beyond profit-making to positively impact society and the economy. The conclave is expected to bring together some of the most prominent business leaders and entrepreneurs from across the country.

The distinguished panel of speakers includes V.P. Nandakumar, Managing Director and CEO of Manappuram Finance Ltd; Dr. Jolly Antony, Founder & CEO of Al Safina Travel, Vibe Munnar, Fog Resort Spa, and Zeus Resort; CA Sreejith Kuniyil, Founder of CAPITAIRE & PravasiTax Solutions Pvt Ltd; Dr. Fathima Nilufer Sheriff, CEO of Therefore I’m; Navas Meeran, Chairman of Group Meeran and CEO of Eastern Condiments Pvt Ltd; Sir Sohan Roy SK, Founder, Chairman, and CEO of Aries Group of Companies; and Muhammed Madani K, Founder and MD of ABC Group. The discussion will be moderated by CA Vivek Krishna Govind of Varma & Varma Chartered Accountants.

Attendance at the conclave is by invitation only and requires a valid entry pass. Those interested in being part of this high-impact business event are encouraged to contact 98460 50283 to request a pass. The conclave promises engaging conversations on purpose-driven entrepreneurship and the future of value-centric businesses.

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Prime Minister Sir Keir Starmer is set to sign a historic agreement transferring sovereignty of the Chagos Islands to Mauritius, while ensuring the continued operation of a key UK-US military base on Diego Garcia. The deal, expected to be signed virtually on Thursday, includes a 99-year lease for the base in exchange for a multi-billion pound payment, securing strategic interests in the Indian Ocean. The decision follows months of delays caused by leadership changes in Mauritius and the United States, and national security concerns raised by US officials regarding Mauritius’ ties with China.

The Chagos Archipelago, officially the British Indian Ocean Territory (BIOT), was controversially detached from Mauritius in 1965 prior to its independence, with Britain purchasing the islands for £3 million. The UK has faced mounting international pressure, including from the UN, to return the territory to Mauritius. Labour ministers argue that ceding sovereignty is the most viable way to secure the future of the Diego Garcia base, which Defence Secretary John Healey has called “essential to our security.”

Ahead of the signing, representatives of the Chagossian community have been invited to meet Foreign Office Minister Stephen Doughty for discussions on sovereignty and new support projects. Following the ceremony, MPs will be briefed on the full terms, which may include a 40-year extension clause for the military lease. While the previous Conservative government began talks, some critics have accused Labour of compromising UK interests, despite the government’s insistence that the deal safeguards both strategic alliances and national security.

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