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Tehran, June 28: Iran is holding a grand funeral service for those martyred in the 12-day aggression by Israel and the US against the Islamic Republic.

The funeral in capital Tehran for 60 nuclear scientists, military commanders and civilians martyred in Israeli strikes began at 8:00 am (0430 GMT) in Enqelab Square on Saturday, proceeding to Azadi Square, about 11 kilometers across the sprawling metropolis.

A huge crowd of mourners is participating in the procession, accompanying coffins with chants of "death to Israel" and "death to America" and carrying placards.

"Boom boom Tel Aviv," read one banner, referring to Iranian missiles fired at Israel during the conflict in retaliation for its attacks on Iran.

Iranian President Masoud Pezeshkian, along with other senior government officials and military commanders including head of the Quds Force Brigadier General Esmail Qa’ani are also attending the event.

Foreign Ministry spokesman Esmaeil Baghaei, who attended the procession, paid flowing tributes to the martyrs in a message on X.

“Today, the zealous people of Iran carry on their shoulders, with heavy sorrow but standing steadfast and powerful, some of their purest and most patriotic sons and daughters - commanders, elites, athletes, women and children of this land - who were martyred during the war imposed by the aggressor Zionist regime, and with indescribable respect, they lay them to rest on the soil of their homeland like mythical heroes; so that each one may become a seed for the growth of other heroes," he wrote.

Images showed coffins draped in Iranian flags and bearing portraits of the martyred commanders in uniform near in the iconic Enqelab Square in central Tehran.

Mohsen Mahmoudi, head of Tehran's Islamic Development Coordination Council, called it a "historic day for Islamic Iran and the revolution".

Among the martyrs is Mohammad Bagheri, a major general and the second-in-command of the armed forces after the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei.

He will be buried alongside his wife and daughter, a journalist for a local media outlet, all martyred in an Israeli attack in Tehran.

Nuclear scientist Mohammad Mehdi Tehranchi, also martyred in the savage aggression, will be buried with his wife.

Chief commander of the Islamic Revolution Guards Corps (IRGC) Major General Hossein Salami, who was martyred on the first day of the unprovoked aggression, will also be laid to rest after Saturday's ceremony — which will also honor at least 30 other top commanders.

Of the 60 people who are to be laid to rest after the ceremony, four are children.

Iranian officials say more than 600 people, mostly civilians, were martyred in Israeli and US aggression against Iran.

The ceremony coincides with the second day of the Islamic month of Muharram, which commemorates the martyrdom of Imam Hussein (AS), the third Shia Imam, and his 72 companions.

In 680 AD, Imam Hussein (AS) and his followers fought bravely for justice against the much larger army of the Umayyad caliph, Yazid I, in the Battle of Karbala, in southern Iraq.

“Iranians have proven that they are the nation of Imam Hussein; a nation that, in the battle of truth against falsehood, relying on faith, steadfastness, and national solidarity, has the ability to overcome any evil," Baghaei wrote.

Bengaluru, July 1: Putting an end to days of speculation, the Congress high command on Monday ruled out any immediate leadership change in Karnataka, reaffirming Siddaramaiah's position as Chief Minister. Senior Congress leader and Rajya Sabha MP Randeep Singh Surjewala, who was dispatched to Bengaluru to calm the storm within the ruling party, made the announcement with Deputy Chief Minister DK Shivakumar seated beside him.

"There is no plan to replace the Chief Minister," Surjewala told reporters, in what appeared to be a show of unity. However, the optics did little to mask the growing friction within the party.

Sources in the Congress leadership stressed that the high command is focused on governance, not leadership changes. They admitted, however, that discussions are underway on a possible cabinet reshuffle and key changes in the state unit. Siddaramaiah is reportedly in favour of a cabinet rejig to consolidate his position for the remainder of the government’s term, which ends in 2028. Shivakumar, on the other hand, is said to be resisting the move.

Fueling the internal churn, Shivakumar loyalist and MLA Iqbal Hussain claimed that 100 out of 138 Congress MLAs support the Deputy CM. In a sharp warning, he said that without a change in leadership, the Congress may struggle to retain power in the 2028 assembly polls.

Amid the buzz, Siddaramaiah downplayed the crisis, asserting that the Congress government in Karnataka is "as solid as a rock." Speaking in Mysuru with Shivakumar at his side, he said, “This government will be as strong as a ‘bande’ (rock) for five years.” The term ‘bande’ is often used by Siddaramaiah’s supporters to describe his strongman image.

When asked about his rapport with Shivakumar, the Chief Minister held his deputy’s hand and said, “We are on good terms,” adding that they are unfazed by attempts to drive a wedge between them.

The current turbulence harks back to the 2023 Karnataka election, when Congress stormed to power. Shivakumar, widely credited for the victory, was a strong contender for the CM post. Eventually, he accepted the Deputy CM and KPCC chief roles, amid unconfirmed reports of a rotational CM deal between him and Siddaramaiah.

Now, with murmurs of discontent growing louder in the DKS camp, the party finds itself once again trying to balance power — and egos — within.

Dubai, June 27: HDFC Bank, India’s largest private lender, is under scrutiny in the UAE over allegations it sold high-risk Credit Suisse AT1 bonds to retail investors in violation of regulatory norms.

The bonds — complex instruments meant only for experienced or high-net-worth clients — were wiped out in March 2023 during Credit Suisse’s emergency merger with UBS. Several investors claim HDFC Bank relationship managers misrepresented these as safe, forged financial documents to meet eligibility criteria, and failed to disclose crucial risks.

Dubai resident Varun Mahajan says he lost $300,000 in savings and alleges the bank inflated his net worth to bypass DFSA rules. Another investor, NS from the Philippines, claimed he was sold AT1 bonds using a leverage loan he never applied for. Others, including Indian national Pankaj Sinha and South Africa-based AT, described similar misrepresentation, unauthorized document changes, and manipulation of KYC data.

Legal complaints have been filed in India, the UAE, Bahrain, and DIFC. Investors accuse the bank of misleading them and exposing them to losses running into millions of dollars.

In response, HDFC Bank denied any wrongdoing, stating it follows strict processes and takes action against malpractice. The DFSA has declined to comment due to legal confidentiality.

Internal sources say several HDFC executives have recently resigned, and the Dubai offshore head has been replaced, raising questions about accountability.

Experts say the case exposes regulatory gaps across jurisdictions and may prompt closer scrutiny of how banks operate across borders.