Muscat, Oman: Indian karateka Zaara Vasim Assadi emerged as the standout performer at the International Karate Open Championship held as part of the Muscat Night Festival, clinching four gold medals in a remarkable display of skill and consistency.
The prestigious tournament saw participation from around 400 athletes representing 24 clubs across multiple countries. Amid intense competition, Zaara, aged just 10, created history by becoming the only girl at the championship to secure gold in all four categories she competed in individual Kata, individual Kumite, team Kata, and team Kumite.
Zaara’s achievement adds to her already impressive record. She has remained undefeated in Kata since the age of five, underlining her long-standing dominance in the discipline. Her performances were widely praised for technical precision, discipline, and composure well beyond her age.
Training at The Champ Sports & Arts in Muscat, Zaara’s journey has become a source of inspiration for young martial artists, reinforcing the idea that dedication and passion can overcome age-related barriers in competitive sport.
The championship also served as a platform for cultural exchange, bringing together athletes and spectators from diverse backgrounds and celebrating the unifying spirit of karate.
Zaara Vasim Assadi is the daughter of Vasim Assadi and Hasra Sana and hails from Udupi. She is the granddaughter of Zikriya Assadi.
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New Delhi (PTI): Finance Minister Nirmala Sitharaman on Monday said the government intends to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9 as the parliamentary committee has already submitted its report.
The proposed amendments to insolvency law would help further enhancement in the timelines and effectiveness of proceedings as well as alignment of India's insolvency regime more closely with the global best practices.
The parliamentary committee has submitted its report as far as proposed legislation with respect to Insolvency and Bankruptcy Code (IBC) is concerned, she said during an interaction with the media a day after presenting Budget 2026-27 in the Lok Sabha.
"I expect, subject to conditions, to table the Insolvency and Bankruptcy Code (Amendment) Bill in the second half of Budget session starting March 9 incorporating suggestion of the committee," the Finance Minister, who also holds the Corporate Affairs Ministry portfolio, said.
This is going to be the seventh amendment to IBC Act implemented in 2016. So far, it has undergone six legislative interventions since its enactment and the last amendment was in 2021.
The IBC brought about changes in the debtor-creator relationship and was able to instill fear among companies and promoters about insolvency if they fail to repay debts.
On August 12, 2025, the government introduced a Bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code (IBC), proposing a raft of changes, including provisions to reduce the time taken for admission of insolvency resolution applications.
The Bill, which was referred to a select committee of the Lok Sabha, has also submitted its report in December 2025.
