Category: Latest News

  • $6.3-Billion Binance Crypto Hack: What We Know So Far

    $6.3-Billion Binance Crypto Hack: What We Know So Far

    World’s largest cryptocurrency exchange Binance was hit by hackers today, who stole $6.3 billion from the platform in the biggest crypto heist in history.

    Confirming the incident, Binance said that it was working to resolve a “complex attack”.

    “This was a complex attack, and we are doing all we can in coordination with law enforcement to resolve it,” Binance wrote on X.

    It warned that the $6.3 billion figure may “continue to increase as our teams work closely with law enforcement, issuers, blockchain intelligence firms and industry partners to trace and freeze additional assets.”

    Here is what we know so far:

    What Happened?

    Around $6.3 billion worth of cryptocurrencies were stolen from wallets that Binance uses to process transactions, the exchange said. In a statement, Binance said it first believed the attack happened due to a compromised laptop.

    “However, our subsequent investigation has uncovered additional points of breach,” it added.

    How Did Hackers Steal The Money?

    The global centralised exchange of Binance, Binance.com, was compromised during the hack. Binance.us, which is meant for US users, was not affected, it said.

    The exchange further said that the compromised laptop “gave an attacker access to a service container, where they submitted unauthorised withdrawal transactions.”

    Richard Teng, Binance’s co-chief executive officer, described it as a “complex attack process”.

    According to US blockchain analytics firm TRM Labs, the attackers compromised Binance’s “signing infrastructure”, which authorizes transactions, allowing them to issue instructions that emptied the affected wallets.

    The bulk of the heist unfolded in about 20 minutes, blockchain records show, beginning shortly after 2000 GMT on Thursday.

    Once the funds were moved, the attackers raced to shift them beyond the reach of Binance counterparties and stablecoin issuers, which have frozen roughly half of the stolen assets.

    Who Did It?

    No confirmation from Binance or any other authority has come regarding who is behind this hacking. However, a US-based blockchain intelligence firm says a North Korean unit was likely behind the hack.

    TRM, in a post on its website on Thursday, attributed the attack to TraderTraitor, which it said was one of North Korea’s elite hacking unit. “We make this judgment with high confidence,” the firm said.

    Blockchain analysis company Chainalysis also believed the Binance hack was “likely done by DPRK (North Korea) group TraderTraitor,” its co-founder and CEO Jonathan Levin wrote on X.

    What Will Happen To Binance Users?

    Binance said on Friday it has reserved more than $6.34 billion in company funds, including $5 billion already held in impacted token assets, to deal with the fallout of the attack.

    In an earlier statement, Teng said Binance users’ funds are safe. The platform also suspended all withdrawals and deposits temporarily as part of a safety measure.

    Binance said it was working with its partners to freeze assets worth $3 billion, which have been located so far.

    That doesn’t mean the coins will be returned to Binance, but it significantly limits the attackers’ ability to convert them into cash.

    “We are still on track towards the expected timeline to resume the withdrawal service in 45 hours,” Binance said.

  • NRIs Buying Real Estate In India In Record Numbers. These Cities Top The List

    NRIs Buying Real Estate In India In Record Numbers. These Cities Top The List

    India’s property market is drawing growing interest from Non-Resident Indians (NRIs). But overseas Indians are no longer looking at real estate purchases only as a way to earn returns or benefit from property price appreciation. Their priorities are changing.

    Connectivity, quality of construction, rental income and access to healthcare are increasingly shaping their buying decisions. For many families, a home in India is also about staying connected to their roots and ensuring their parents have a comfortable place to live.

    Several Indian cities are emerging as preferred destinations for NRI property buyers. Mumbai, Bengaluru, Delhi-NCR, Pune and Hyderabad are among the markets attracting attention.

    Mumbai Metropolitan Region

    Mumbai continues to be a major draw for NRI investors. Its position as India’s financial capital, international connectivity and wide range of residential properties make it an attractive market. Infrastructure development across the Mumbai Metropolitan Region (MMR) is also opening up new residential locations. This is allowing buyers to explore areas beyond traditional premium neighbourhoods.

    Bengaluru

    Bengaluru’s technology industry and large expatriate community have helped strengthen its appeal among overseas Indians. Locations such as Whitefield, Sarjapur and North Bengaluru are attracting buyers looking for homes with long-term potential. The city’s employment base also supports rental demand, making it relevant for NRIs considering both investment and eventual personal use.

    Delhi-NCR

    Delhi-NCR, particularly Gurugram, remains an important market for overseas property buyers. The region’s premium housing developments, corporate ecosystem and improving connectivity are supporting its appeal. For NRIs with family connections in the capital region, the possibility of owning a home close to relatives is another consideration.

    Pune

    Pune offers a combination of employment opportunities, educational institutions and healthcare facilities. Its relatively comfortable pace of life and proximity to Mumbai also make it an attractive option. For NRIs looking beyond India’s largest metropolitan markets, Pune offers residential choices that can serve both investment and end-use requirements.

    Hyderabad

    Hyderabad has strengthened its position as a residential destination, supported by its technology and healthcare industries and expanding infrastructure. Residential corridors in the western and north-western parts of the city, particularly those connected to the Outer Ring Road (ORR), are drawing interest. Connectivity and access to established employment hubs are among the factors shaping buyer preferences.

    Why NRI Homebuyers Are Looking Beyond Property Returns

    The changing preferences of NRI buyers also reflect a broader shift in how families approach property ownership in India. For some, the purchase is not just about building an asset. It is also about planning for their parents’ future and ensuring they have access to a comfortable living environment.

    Arudradev Rao, Co-founder of Amaya Senior Living, said, “For many NRI families, buying a home in India is no longer simply an investment decision. It can also be a decision about where their parents will live, how independently they can continue to do so, and what kind of everyday life surrounds them.”

    He said this is influencing what families expect from residential communities. “Healthcare access matters, certainly, but so do thoughtful design, social connection, hospitality, open spaces and the reassurance of having support close at hand when it is needed,” Rao said.

    According to him, cities that combine these facilities with good connectivity and access to familiar neighbourhoods could become increasingly relevant to overseas buyers. “The opportunity is not merely to build more homes, but to create places in which people can continue to live well,” he added.

  • Gross GST Collections Increase 23% To Rs 2.31 Lakh Crore In October

    Gross GST Collections Increase 23% To Rs 2.31 Lakh Crore In October

    New Delhi:

    Gross GST collections increased 23 per cent to over Rs 2.31 lakh crore in October, driven by strong mop-up from domestic activities and imports, according to government data released on Sunday.

    Gross GST collections from domestic sales rose 16 per cent to over Rs 1.59 lakh crore, and revenues from imports climbed 42 per cent to Rs 72,246 crore.

    The Rs 2.31 lakh crore collection includes Central GST mop-up of 42,935 crore, State GST of Rs 51,340 crore and Integrated GST of over Rs 1.37 lakh crore, data showed.

    Goods and Services Tax (GST) refunds increased 6.5 per cent year-on-year to Rs 27,934 crore in October.

    After adjusting for refunds, net GST collections rose 26 per cent to over Rs 2.03 lakh crore in October.

    During April-October, gross GST collection grew 13.2 per cent to over Rs 14.77 lakh crore. Net collections rose 13 per cent to over Rs 12.69 lakh crore.

  • How Smart Design Choices Can Help Reduce Electricity Consumption

    How Smart Design Choices Can Help Reduce Electricity Consumption

    A building’s electricity bill arrives every month. Yet some of the decisions that determine how high it climbs are made long before the building becomes operational.

    When we talk about energy efficiency in real estate, the conversation often turns to efficient equipment, smart controls and building management systems. These matter, but they address only part of the problem. Before asking how efficiently a building can use electricity, we need to examine why it needs so much of it in the first place.

    Reduce The Demand Before Managing It

    A building’s orientation and facade influence how much heat enters its interiors. Large west facing windows, for instance, can contribute to afternoon heat gain and add further pressure on air conditioning. With the right glazing, external shading, and window placement, you can keep the natural light and limit unwanted heat.

    “These decisions matter because eventually the heat that enters a building has to be dealt with. By reducing the amount of hat coming into buildings, it reduces the load on cooling systems before they even have to kick in,” said Puri.

    Space planning also impacts energy use. In a mixed-use development retail areas might be active late into the evening while residential common areas have different occupancy patterns. Lighting and cooling zoning based on actual use will help avoid unnecessary use in parts of the building that are unoccupied or need less cooling.

    The principle is the same in both cases. Rather than relying on systems to compensate for avoidable demand, design should reduce that demand from the outset.

    Let Technology Respond To Real Needs

    Even a well-designed building must respond to changing conditions. Occupancy varies, temperatures fluctuate and equipment needs maintenance. This is where technology can make a meaningful difference.

    “I was able to see how intelligent infrastructure can support building performance during my visit to One Bangkok, a 41-acre mixed use development. The development has over 250,000 sensors and delivers around 17,000 MWh of electricity savings per year, while its wider sustainability infrastructure, including district cooling, saves around 9,000 tons of CO₂,” said Puri.

    Operational data allows building management systems to recognise inefficiencies, alter settings and react to changing needs. While design helps establish how much energy a building requires, these systems help manage that demand as the building is used.

    Get The Decisions Right Before Construction

    Energy modelling allows project teams to compare façade options, estimate cooling loads and coordinate architectural choices with building services before construction begins. Identifying an inefficient design on paper is generally easier and less expensive than correcting it after the building is complete.

    The Bureau of Energy Efficiency’s Energy Conservation Building Code provides a framework for improving the energy performance of eligible commercial buildings. Such standards offer an important benchmark, but the broader question is how well a building will perform in everyday use.

    In India, buildings account for over 30 per cent of total electricity consumption, according to the Bureau of Energy Efficiency. Reducing this demand starts with decisions made at the design stage.

    Rethinking Comfort And Consumption

    “A trip to Japan made me pay closer attention to how temperature, air and water were managed in the everyday settings I encountered. Soon afterwards, in Dubai, I experienced grand lobbies, dramatic interiors and extensive air conditioning. I remember being in spaces cooled to 20 degrees Celsius despite the heat outside,” Koheli J Puri, Founder & Managing Director, Studio XP, told NDTV.

    She added, “These were different experiences, but together they raised a question for me. Does creating a comfortable, premium space have to mean consuming more resources? Or can we design buildings that deliver the same experience with less energy? For me, this is where sustainable luxury begins. The aim is not to compromise comfort to save electricity, but to design spaces that need less energy to provide it.”

     

  • Warren Buffett Hasn’t Had Water In 48 Years, Here’s What He Drinks Instead

    Warren Buffett Hasn’t Had Water In 48 Years, Here’s What He Drinks Instead

    Legendary investor Warren Buffett has said that he has not had a glass of water since the 1970s. Apparently, his optimal hydration levels are achieved through his favourite drink ‘Cherry Coke’.

    Billionaire hedge fund manager Bill Ackman shared these details this week in a podcast called Equity Mates Investing, recalling a dinner where Buffett politely declined both still and sparkling water, claiming he had not touched the beverage in nearly five decades.

    Ackman said that they were sitting at the table one time when he asked whether he would like still or sparkling water. But Buffett declined his offer and said he prefers soda.

    “But I said, you know, ‘Don’t you drink water?’” Ackman recollected. “And he said, ‘Bill, I haven’t had water in 48 years.’”

    Ackman said that he stocked up Cherry Coke when Buffett came over to his place for dinner “years ago”.

    British author Glen Arnold wrote in his book “The Deals of Warren Buffett Volume 2: The Making of a Billionaire”, that the 96-year-old investor drank five cans of Coke a day. He used to drink Pepsi for 50 years but had later switched because an old neighbour intervened.

    “I’m one quarter Coca-Cola,” Buffett had told Fortune magazine in 2015.

    “If I eat 2,700 calories a day, a quarter of that is Coca-Cola. I drink at least five 12-ounce servings”, he said.

    His son Howard used to call him “Pepsi Warren”, one of Howard’s childhood friends told CNBC.

    “I remember as a kid, we used to play poker with Howie, and his dad would come down in the middle of the night in a bathrobe. In those days, he drank Pepsi,” said Jim Ross.

    During the 1986 Berkshire Hathaway annual meeting, Warren Buffett revealed a major shift after 48 years of loyalty to Pepsi, naming Cherry Coke as the company’s official meeting beverage.

  • Death Penalty Returns, Beauty Pageants Suspended As Burkina Faso Tightens Rules

    Death Penalty Returns, Beauty Pageants Suspended As Burkina Faso Tightens Rules

    Burkina Faso’s military-led government, headed by Captain Ibrahim Traore, has attracted international attention after restoring the death penalty and suspending beauty pageants across the West African nation. On October 20, 2026, the country’s transitional parliament unanimously approved a new penal code that restores capital punishment for serious offences, including terrorism, treason, and espionage.

    All 71 lawmakers supported the legislation, reversing the 2018 abolition of the death penalty. The country’s last known execution took place in 1988.

    Justice Minister Edasso Rodrigue Bayala defended the decision, arguing that tougher punishments were needed to tackle terrorism and strengthen national security.

    Beauty Pageants Suspended Nationwide

    In a separate decision announced on June 8, 2026, Burkina Faso’s Ministry of Communication, Culture, Arts and Tourism suspended beauty competitions throughout the country.

    Authorities said the restrictions would remain until new regulations were introduced to ensure such events respected national traditions, cultural identity and social values.

    The government also stopped issuing permission for beauty pageants during this period.

    However, the suspension was announced months before the death penalty was restored.

    Science Competition for Young Women

    In August, the government introduced HAKILI Mousso, a national science competition encouraging young women to pursue education in mathematics, physics and chemistry.

    The programme brought together 84 participants, with outstanding students receiving awards and educational support.

    President Traore later met the winners and encouraged them to pursue careers in science and technology.

    Human Rights Concerns

    The government’s decisions have sparked debate over personal freedoms and human rights.

    Human Rights Watch criticised the return of capital punishment, warning that it could be used against political opponents and worsen existing restrictions on civil liberties.

    Amnesty International has also opposed the death penalty, describing it as an irreversible violation of the right to life.

    Meanwhile, the beauty pageant suspension has divided opinion. Supporters welcome greater recognition of women’s academic achievements, while critics argue that women should remain free to choose their interests.

    Burkina Faso has been under military rule since Traore seized power in September 2022.

    The latest developments highlight the government’s changing approach to security, culture and individual freedoms.

  • Canadian CEO’s Family Fights Off Home Invaders, 3 Shot, Wife Hit With Hammer

    Canadian CEO’s Family Fights Off Home Invaders, 3 Shot, Wife Hit With Hammer

    A Canadian real estate CEO’s family was attacked by three men in masks after they broke into their multi-million-dollar home in Toronto’s affluent Bridle Path neighborhood at 3:45 AM on Thursday.

    According to the Toronto Sun, MAC Group boss David Morton and his daughters were shot by the men and his wife was struck with a hammer.

    The suspects, who possessed handguns and a hammer, broke into the five-bedroom residence through the back door, Toronto Police Service Inspector Kristy Smith said.

    Morton, 75, and his two daughters, Maggie Zohil-Morton and Cristina Zohil-Morton “tried to fight off” the intruders who were wearing ski masks and hoodies.

    “A struggle ensued during this altercation in which the suspects fired their guns multiple times and one victim was struck with a hammer,” Smith said.

    Morton and one of his daughters suffered gunshot wounds on their legs. The second daughter was shot on the arm. His wife, Doriana Zohil-Morton, who serves as the president of the MAC group, was hit with a hammer.

    Smith said that two members of the family suffered “life-altering-injuries” and are recovering in the hospital.

    After the attack, the suspects fled the neighbourhood in an SUV. However, there have been no indications of a robbery in the house.

    “There was a violent interaction. There was a demand made for valuables from within the home. Whether or not they escaped with anything is uncertain at this point,” Smith said.

    “An affluent area where people would have things that are sought after would be the motivation for this,” Smith added.

    Priced at $2.1 million, the luxury 5+1-bedroom, 7-bathroom home features a tennis court, an in-ground pool, and private gardens.

    The Mayor of Toronto, Olivia Chow, said that she was “deeply troubled” by the incident and said that there would be an expanded police presence in the neighbourhood.

    “I am deeply troubled by the violent home invasion early this morning in the Bridle Path neighborhood. My thoughts are with the family and their loved ones, who are going through something no family should ever have to face. I am praying for their full recovery,” Chow wrote on X.

    The MAC Group is a Toronto-based, family-run enterprise featuring dedicated divisions in real estate, hospitality, and executive corporate housing.

  • Man Arrested For Falsely Claiming To Be Australia Bondi Beach Shooting Victim

    Man Arrested For Falsely Claiming To Be Australia Bondi Beach Shooting Victim

    Sydney:

    Australian police have charged a man with falsely claiming he was injured in a mass shooting at Sydney’s Bondi Beach in an attempt to gain financial compensation.

    A father-and-son duo allegedly carried out the gun attack on a Jewish festival at the beach in December last year, killing 15 people and wounding dozens.

    “Detectives identified a 46-year-old man who allegedly made a false statement that he was injured in the Bondi shooting and made subsequent fraudulent claims for compensation in the aftermath,” New South Wales police said in a statement Wednesday.

    Police said they arrested the man on Tuesday and charged him with publishing false and misleading material to obtain advantage.

    He was given conditional bail, and is scheduled to appear in western Sydney’s Parramatta Local Court on November 18.

    One of the Bondi Beach gunmen, Sajid Akram, 50, was shot and killed by police during the December 14 attack. An Indian national, he entered Australia on a visa in 1998.

    His son Naveed, an Australian-born citizen, remains in custody facing a total of 78 charges including terrorism and 15 murders.

    A Sydney court on Wednesday set Naveed Akram’s committal hearing for February 24 next year, when he is set to appear by audio-video link from prison.

  • EU Angle, And PM, President On Opposing Sides: Coup In Poland, Explained

    EU Angle, And PM, President On Opposing Sides: Coup In Poland, Explained

    Poland’s President Karol Nawrocki cut short his visit to Senegal and rushed back to Warsaw as a political fight over the country’s top court escalated, with police deployed outside the building and protesters accusing the government of staging a coup.

    Nawrocki called urgent talks with political party representatives on Saturday, a day after two senior judges of the Constitutional Tribunal were suspended by a fellow judge. The court rejected the orders and accused those involved of attempting a coup d’etat.

    In its website, the tribunal wrote that President Bogdan Swieczkowski and Vice President Bartlomiej Sochanski remain in their positions.

    It wrote on X, “All persons participating in these actions are committing the crime of a coup d’etat.”

    Dozens of police officers guarded the building as supporters of the opposition right-wing Law and Justice party (PiS) gathered outside. Some protesters tried to push through security barricades, while others chanted “Tusk traitor”. Police said three people were arrested.

    The confrontation has brought an old dispute between Prime Minister Donald Tusk’s government and the previous PiS administration back into focus.

    Why Polish President Rushed Back From Senegal

    The trigger was a move against two senior officials of Poland’s Constitutional Tribunal.

    Judge Anna Korwin-Piotrowska issued orders suspending Tribunal President Bogdan Swieczkowski and Vice President Bartlomiej Sochanski from their duties.

    She accused the two judges of blocking the work of judges elected by the parliamentary majority, violating judicial procedures and preventing the court from functioning properly.

    The government has also moved to bring criminal charges against them.

    Nawrocki, who was in Senegal at the time, announced that he was returning to Warsaw.

    “At such a moment, the President must be in Poland,” he wrote on X.

    On Saturday, he called urgent talks with representatives of political parties, citing “the threat to internal security”. He was also expected to meet Zbigniew Kapinski, the first president of the Supreme Court.

    Why The Polish Government Is Fighting With The Top Court

    The dispute began in 2015, when the right-wing Law and Justice party came to power. The party’s parliamentary majority moved to appoint judges to the Constitutional Tribunal, which has the power to decide whether laws passed by parliament are constitutional.

    The appointments soon became controversial. The PiS majority appointed three judges to positions that had already been filled by the previous parliament.

    This led to a dispute over the legitimacy of the court’s appointments and its independence.

    The European Court of Human Rights and the Court of Justice of the European Union later ruled that the three judges had been improperly appointed.

    The European courts also ruled that Poland’s Constitutional Tribunal could no longer be considered an “independent and impartial tribunal”.

    What Donald Tusk Wants

    Donald Tusk came to power in 2023 promising to restore the rule of law and reverse changes made to the judiciary under the previous PiS government.

    His administration argued that the previous government had weakened judicial independence by changing the way courts and judges were appointed.

    Tusk’s government has used the European court rulings to challenge the legitimacy of the Constitutional Tribunal. It has also stopped publishing the tribunal’s rulings.

    Nawrocki and his predecessor, Andrzej Duda, have used their presidential veto powers to block some of Tusk’s proposed reforms.

    This has left the government struggling to carry out its promise of judicial reform, while the dispute over the tribunal’s authority has continued.

    Tusk said that his government is trying to correct the damage caused by years of PiS rule.

    The two sides have repeatedly accused each other of undermining the country’s institutions.

    What Tusk Said About The Crisis

    The Polish prime minister has defended his government’s actions, saying restoring the rule of law will be difficult after years of political interference in the judiciary.

    “Restoring the rule of law is our duty”, he wrote on X.

    “After years of PiS (party)-led lawlessness, this is a difficult process, sometimes painful, and it requires decisive action. There is no other way,” he added.

    Tusk’s government has been trying for weeks to force out the court’s judges, who were appointed by the previous PiS government that ruled from 2015 to 2023.

    The court frequently ruled in favour of Polish legislation over EU law and the European Union accused Poland’s highest court of being too close to the nationalist political power of the time.

  • Kiren Rijiju, Bhutan PM Drive Together To Attend Stupa Construction Ceremony

    Kiren Rijiju, Bhutan PM Drive Together To Attend Stupa Construction Ceremony

    At 2:00 AM on Sunday, the construction of the 108 Jangchub Chortens (Stupas) will commence in Bhutan’s Gelephu Mindfulness City. The sacred event will begin with the resonant echo of 58 ritual trumpets blowing to invoke the spirits and deities, accompanied by the mass chanting of the compassion mantra ‘Om Mani Padme Hum’.

    This mantra is the most famous and is widely recited in Tibetan Buddhism and dedicated to Avalokiteshvara (known as Chenrezig in Tibetan), the Bodhisattva of Compassion.

    Union Minister for Parliamentary Affairs and Minority Affairs Kiren Rijiju will be representing India at the ceremony.

    In a post on X, Rijiju wrote, “Honored to be warmly received at Paro Airport by the Prime Minister of Bhutan, H.E. Dasho Tshering Tobgay, Foreign Minister Lyonpo D. N. Dhungyel, the Foreign Secretary, and the Ambassadors of Bhutan and India”.

    He added, “Travelling to Gelephu to witness the grand ceremony of the raising of 108 Stupas (Jangchub Chortens), an initiative conceived by His Majesty The King of Bhutan. A moment of deep spiritual and cultural significance.”

    The Prime Minister of Bhutan, Dashi Tshering Tobgay took to the wheels as Rijiju arrived in Gelephu for the ceremony.

    “It’s a huge honour, as Prime Minister of Bhutan, H.E. Dasho Tshering Tobgay drove the car upon reaching Gelephu to witness the grand ceremony of the raising of 108 Stupas (Jangchub Chortens), an initiative conceived by His Majesty The King of Bhutan,” Rijiju said.

    Bhutan’s biggest spiritual event will see the raising and consecration of 108 stupas at one location at the same time which is also likely to create a Guiness Record.

    Speaking about the process and the significance of the ceremony, Choten Dorji, a Principal Secretary in the Central Monastic Body, which is the official state monastic order of Bhutan, said, “This is a sacred ceremony of Vajrayana Buddhism and it is seen as the awakening of the Buddha himself. A stupa has to empower itself to have divine power and become a sacred monument and that process begins on Sunday morning with the raising of the stupas and the consecration after they are completed.”

    The practice of building stupas is a sacred Buddhist tradition of constructing architectural monuments that symbolise the Buddha’s enlightened mind, body and consciousness.

    The practice started immediately after the death of Maha Parinirvana of Guatam Buddha in the 5th century BC.

    The Buddha’s cremated remains were divided into eight portions and buried under eight dirt mounds. Emperor Ashoka opened the original relic mounds, divided the Buddha’s relics into 84,000 parts, and initiated a massive empire-wide construction of stupas.

    However, in recent times the construction of 108 stupas at the same time and place has been born out of the vision of the King of Bhutan, Jigme Khesar Namgyal Wangchuk.

    In terms of volume, this is the largest volume of stupas anywhere in the world. Each stupa will receive the Zung according to the ancient practices in Bhutan. Manuscripts, sacred relics, and images along with mantras will be placed inside the stupas. Each stupa will have the Buddha’s bone relics, hair relics that have been received from Thailand.

    “Project 108 has been blessed by the presence of overwhelming presence of donors and over a 100 spiritual masters will be attending the ceremony,” Choten Dorji added. For the relics that are being installed in the 108 Jangchub Chortens, several countries have participated in the effort. “We had offers for more relics. Relics have arrived from Thailand, Malaysia, Singapore, Taiwan and India apart from Bhutan. The relics that arrived from Thailand and Malaysia have their primary origins in India,” Choten Dorji added.

    The sacred ceremony to raise and consecrate 108 stupas in one place in one day will begin early in the morning before sunrise and continue till the afternoon.

    18 monks will be deployed at each stupa for the ceremony with 12 engaged in installing the relics and the others engaged in ceremonial rituals.

    Once this process is over, the 70th Je Khenpo Chief Abbot of the Central Monastic Body of Bhutan, Zhung Dratshang, will conduct the consecration ceremony. The Chief Abbot serves as the highest spiritual authority in Bhutan and heads the Commission for Monastic Affairs.