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Indian jewellers roll out cash-for-gold schemes ahead of festive season
As the festive season approaches, companies are optimistic about increasing demand despite previous purchasing hesitations due to elevated prices.
Centre flags semaglutide rules in India's weight-loss journey
Without domestic standards, Indian manufacturers have been relying on internal protocols or foreign manuals to manufacture weight-loss drugs, a market that CareEdge expects to cross $347 million in India sales by 2035.
Centre grants four-month relief to renewable projects hit by West Asia war
The provision will protect clean energy developers from the risk of penaltiesincluding encashment of bank guarantees, payment of daily extension fees, other financial compensation or reduction in contracted tariffsfor missing their project completion deadlines.
Brown-Forman Family Members Rebuked Companys Management
Weeks after Brown-Forman Corp. announced it had terminated discussions to combine with spirits group Pernod Ricard SA, two members of the family that controls the owner of Jack Daniels drafted a letter to the board. Their assessment was withering.
The eclectic set of panelists included IHCL MD and CEO Puneet Chhatwal, Mercedes-Benz India MD and CEO Santosh Iyer, Amul MD Jayen Mehta, and Casagrand founder and MD Arun Mn. They discussed the forces shaping the of the Indian consumers' evolution in the session moderated by ET's Sonali Krishna.
Welcoming Prime Minister Modi to the World Leaders Forum, Gajwani drew an analogy with Homer's Odyssey, saying the ancient tale of a protagonist navigating one crisis after another was something of a parable for our times today. When we look around the world, at least if we believe the headlines, we're lurching from one crisis to the next, Gajwani said, pointing to two ongoing wars, an energy crisis, disruption of shipping routes, trade battles, nuclear threats and an AI surge sucking in unprecedented amounts of capital.
How companies evaluate and judge AI will decide winners: BCG CEO Christoph Schweizer
India is well-positioned to productively adopt artificial intelligence technology. CEOs must combine technical understanding with human leadership skills. Entry-level hiring in the tech sector remains steady despite automation concerns. Parts of the IT services value chain will be automated by AI. Indian companies can develop new capabilities and offerings in demand.
Businesses are shifting focus from AI capabilities to delivering measurable results. Organisations must now redesign themselves around artificial intelligence technology. Companies are prioritizing talent development and continuous reskilling for future needs. India has a strong opportunity to apply AI to real-world problems. The focus is on how AI augments human thinking and work processes.
ET World Leaders Forum: Global business rewires for a world of geopolitics, AI and energy shifts
Global business executives recognize a significant shift in globalization, focusing now on security and resilience over mere efficiency. The impact of geopolitics and rapid technological innovations is driving changes in international strategies. India stands out as a pivotal growth center and technology gateway for global enterprises. Organizations are valuing human expertise alongside advancements in artificial intelligence.
SPEC Finance has launched a significant neurotechnology fund to accelerate India's research and development. This initiative aims to foster humanistic values and develop capable thought leaders for the future. The fund will invest in local startups and scientific teams, focusing on brain-to-brain synchronization technologies. India is chosen to become a global neurotechnology hub, attracting international collaboration and capital.
EOW adds more charges in Suraksha ARC case
Mumbai Police's Economic Offences Wing added cheating and forgery charges against Suraksha ARC. These new charges stem from a petition filed by a former director of Sapphire Land Development. The Enforcement Directorate provided crucial information which led to the EOW's decision. Investigations are ongoing into potential money laundering involving stressed assets and former Yes Bank officials. Previous charges included criminal breach of trust and criminal conspiracy in the case.
India Inc bullish on growth story: KM Birla
India Inc.'s conviction in the country's growth prospects is possibly the highest in a long time and capital discipline is being mistaken for lack of commitment toward expanding capacities, said Kumar Mangalam Birla, chairman, Aditya Birla Group, at The Economic Times World Leaders Forum.There is enough capacity buildout happening on the ground with new plants springing up across the country and bank loan numbers pointing to robust economic activity, said the chief of the cement to consumer conglomerate valued at more than $118 billion. I don't think we should confuse capital discipline with conviction about India,'' Birla said in a fireside chat with ET's Sruthijith KK. Advances to corporates from banks have gone up by 20% compared to last year... and that is pretty evenly spread between small and medium enterprises as well. While the macro economy has been growing at the fastest pace among major peers, Indian industry is being blamed for not being aggressive in expanding capacities as new plants are coming up slower than in the past. Companies which binged on debt in the past cycles have been deleveraging and are a lot more cautious in expanding capacities to avoid repeating past mistakes. Birla, whose group itself has lined up $30 billion to expand capacities, said investment decisions are taken considering several factors including returns, volatility, industry needs and global events. It is more of a capital discipline exercise,'' he said.ALSO READ | India Incs got all it takes to roll out World+1 model, says KM BirlaIn the last few years, the Aditya Birla Group has grown across most of its businesses amid a pandemic, wars, interest rate hikes, tariffs and energy shocks. The global economy seems to have grown shock absorbers in this period, and individual economies as well as corporations are learning to deal with a lot more stress, Birla said. There are no more perma-friends or perma-enemies. There are only perma-issues, he said. The diversified conglomerate has taken a contrarian view in this period to grow across its traditional as well as new growth platforms. It's been a two-part strategy, Birla said. For its overseas businesses, the group wants to be a multi-local, setting up manufacturing plants close to consumers. So, we have the supply chain flexibility and are not impacted by tariff wars or geopolitical bigotries, he said.ALSO READ | ET WLF 2026: Private players discuss Indias path from defence importer to global powerHindalco Industries' integrated aluminium plant being set up at Bay Minette in North America for a capital expenditure of $5 billion, for instance, is meant to primarily cater to customers in North America, Birla said.The growth in businesses in India, meanwhile, is reflecting the country's economy and its story, he said. You need a strong economy to produce strong businesses. People talk about China+1 for India, and whilst that's a convenient shorthand, it's intellectually very lazy, Birla said. The narrative for India should now move to World+1, given that India has the capabilities and track record, and can be a growth engine for the world, he said.Lack of ease in doing business is not unique to India and almost every country and region has its own issues, he said, citing an example of how in an advanced economy one of his companies had to shift the plant's location due to environmental issues after working on it for months. We are not the only people who have issues like land, environment, judicial, local laws etc, he said.The Aditya Birla Group is the largest producer of cement, refined copper, cellulosic fibre in the country besides housing the largest branded and lifestyle entity. It is also one of the largest producers of aluminium domestically, and a dominant player in paints, telecom and non-banking financial services. Several of its businesses are seeing high competitive intensity. An important part of running a business is to compete and compete well. And risk-taking is an important part too, or you might as well not be in business, he said. While it is good to have a ear view of competition, the group focuses on doing what it does best-running plants and investing deeply in its ecosystems, he said. We have very deep customer relationships. We have increased capacity exponentially. When you have been in industries for a long time, there is an accumulated knowledge that you have the advantage of, he said.Birla said the telecom business, which has been challenging for years, has turned the corner and it would be a credible and a profitable umber three player as it invests in 4G and 5G.Novelis, its North American aluminium business, has stabilised after a fire accident and is ramping up. Plans to list are off the table as the company hasn't been getting the valuation that it hoped for. We have no compulsion to do an IPO. There is no need for us to raise funds, so I don't see that happening now at all, he said.The world's largest producer of flat-rolled aluminium products, Novelis was to have listed in the US in 2024. We put back the plans at that time because we were not getting the kind of value discovery that we thought or hoped we would or we were told we would. There was no other reason to want to list, Birla said.Hindalco's focus would now be to commission and ramp up the plant at Bay Minette, which will be pivotal for the company's future, he said.
Triple test, adrift: On the ruling on definition of industry
The Supreme Court should not have discarded a workable test on industry
Artificial intelligence will shift payments from digital to delegated commerce, enabling machines to transact for consumers. Trust and real-time controls will become essential building blocks for the financial system. AI will enhance personalized experiences and help identify fraudulent transactions effectively. Consumers will focus on payment outcomes rather than the underlying transaction rails. New guardrails will be necessary as machines increasingly interact autonomously.
Quote of the day by Immanuel Kant: Immanuel Kant's insightful quote champions the value of independent thought and the importance of utilizing one's reasoning abilities. It advocates for a culture of inquiry, where individuals are encouraged to critically assess information instead of accepting it blindly. This philosophy fosters intellectual liberty and empowers individuals to make informed decisions. Ultimately, it inspires a courageous pursuit of knowledge through diverse learning experiences.
Putin rejected shipping truce offer: Zelenskyy
Ukraine proposed a Black Sea grain corridor truce, but Russia rejected it. Moscow demanded guarantees against strikes on its energy infrastructure. President Zelenskyy ruled out holding wartime elections due to constitutional and practical challenges. Attacks on commercial ships and ports raise fears about global grain supplies. Ukraine's grain exports have significantly decreased since early August.
Kuki-Zo Council opposes demands for 'NRC before Census' in Manipur
The Kuki-Zo Council has demanded a Census exercise in Manipur. They argue an impartial Census is essential to establish facts and dispel claims. The council stated no group can unilaterally decide NRC timing or implementation. Nagas and Meiteis have been demanding NRC before the 2027 Census. The chief minister assured support for NRC implementation in Manipur.
Volkswagen to cut jobs? CEO Oliver Blume warns employees carmaker's situation more than critical
Volkswagen CEO Oliver Blume warned employees the carmaker's position is more than critical adding that the company and the German car industry is facing the biggest upheaval in their history due to global headwinds and Chinese competition.
AI creates more jobs than it cuts in India, but freshers are losing out, says report
The shift towards AI is not always resulting in large-scale job cuts. Instead, many companies are reducing the number of new employees they hire.
United Airlines CEO Scott Kirby eyes JFK expansion, South America routes, 737 Max 10 revamp
United Airlines CEO Scott Kirby outlines plans to expand at JFK, add global routes and tackle 737 Max 10 seat plans amid rising demand.
Urban Company has sued Kent RO in the Delhi High Court over ads calling its Native water purifiers unsafe and risky. Kent told the court it would remove the disputed ads and social media posts within 15 days.
Grasim eyes 2 lakh crore revenue in FY27 as growth platforms scale up: KM Birla
Grasim Industries set to reach a consolidated revenue of 2 lakh crore in FY27, nearly double the level five years ago, driven by a diversified portfolio spanning building materials, financial services, digital commerce and renewable energy, says Chairman KM Birla.
Madhya Pradesh: Two teachers, student drown during picnic in Ratlam
Two teachers and a 15-year-old student drowned in a pool beneath a waterfall near Ratlam, Madhya Pradesh, on Sunday, while three other students were rescued and hospitalised, police said.
Ollie Watkins faces uncertain Aston Villa future amid Al Hilal transfer interest
Aston Villa faces potential player exits as Ollie Watkins attracts significant transfer interest. Goalkeeper Emiliano Martnez has also expressed a desire for a new challenge this summer. The club has already turned down multiple offers for striker Ollie Watkins from Al Hilal. Manager Unai Emery confirmed the team is preparing for Martnez's potential departure. Aston Villa is actively involved in the transfer market with about ten days remaining.
Kazakhstan holds first Parliamentary elections under new Constitution
Kazakhstan on Sunday voted in its first elections for the 145-member Kurultai, the countrys new unicameral Parliament created under a Constitution that took effect on July 1. Voters chose from seven registered party lists in a single nationwide constituency.
West Bengal is set to unveil Arjun Vahini, its new disaster management force, starting operations in September. This strategic response is a direct reflection of lessons learned from previous disasters and cyclones. The state will provide advanced equipment and vehicles for the unit, aiming to recruit ex-servicemen and Agniveers. With this move, the government seeks to bolster disaster preparedness and response capabilities across the region.
Billionaire and Amazon founder Jeff Bezos once asked ace investor Warren Buffett why more people don't follow his simple investment strategy. Buffett's get-rich-slowly answer stayed with Jeff Bezos, whose latest $7 billion Liverpool FC investment reflects a similar long-term approach to building value. A consortium including Jeff Bezos has agreed to buy a minority stake in Liverpool FC.
Bathroom tiles can quickly lose their luster due to the accumulation of residue and grime. To restore their shine, use white vinegar to eliminate water stains and mineral deposits. Baking soda paste is excellent for stubborn grime, while dishwashing liquid tackles soap scum effectively. Utilize an old toothbrush to scrub tile grout, and make a habit of wiping tiles dry after showers.
Sun Pharmas recall of eyedrops: Experts raise concerns on implementation and enforcement
Udaya Bhaskar, with the All India Drugs Control Officers Confederation, points out that ophthalmologists had flagged concerns involving certain eye drops in June
Greaves Electric bets big on exports, eyes double-digit e2W market share
Greaves Electric Mobility aims to raise its electric two-wheeler market share above 10% as it expands products, distribution, exports and battery capabilities
FSSAI suspends licence of Marche Retail, restrains SDP Industries from selling ghee
The licence of Marche Retail was suspended after serious non-compliances were identified during an inspection and subsequent follow-up scrutiny of the food business premises
Jodi war: Supreme Court urges Matrimony.com and Jodi365 to explore amicable settlement
Issuing the ruling on August 21, Justices PS Narasimha and Alok Aradhe of the SC described the Madras High Courts ruling as fair and added that there did not appear to be any need to interfere with it.
Punjab leaving behind drugs: Manish Sisodia at AAP Youth Wing's 5k run in Jalandhar
The Youth Run Punjab 2026 event showcased the state's progress away from drug use. Thousands of young participants joined the 5-kilometer run organised by the AAP's youth wing. This marathon symbolised Punjab moving beyond despair and a mindset of giving up. The state is now emerging as a vibrant and active region through its youth. This initiative reflects growing enthusiasm among young people for constructive activities.
Ox Alpha stealth model appears on OpenRouter, sparks guessing game over its creator
Ox Alpha, an unidentified AI model that recently appeared on OpenRouter as a stealth model, is drawing attention from developers because of its large context window and multimodal capabilities. The system can process text, images and video and has been offered free with near-unlimited usage for a week. Its anonymous launch has triggered speculation over who built it and why.
RMZ taps Ankit Samdariya to lead capital raise as $35 billion expansion takes shape
RMZ Corp appoints Ankit Samdariya to lead equity capital markets as the developer prepares to fund a $35 billion expansion through debt, equity and potentially an IPO.
South Indian stars struggle to convert popularity into national brand value
While South Indian stars wield strong regional influence, their brand valuations lag due to limited endorsements and social media presence. The market dynamics differ significantly from Bollywood, where a larger national reach aids in celebrity brand building.
Maharashtra proposes law to regulate private coaching centres, cap classes at five hours a day
In a significant move, Maharashtra intends to regulate private coaching centres by mandating their registration. The forthcoming law stipulates that classes cannot exceed five hours per day and establishes fee guidelines. Additionally, it prohibits the enrollment of children below thirteen years old and bans misleading promises. Coaching centres are now required to prioritize student safety, offer counselling services, and maintain acceptable infrastructure.
India 300-5 after Padikkal's second hundred of the Test series
Devdutt Padikkal scored his second century of the series as India reached 300 for five. Sri Lanka missed two early chances which could have altered the match's direction. Captain Shubman Gill also contributed a calm half-century before his dismissal. Asitha Fernando took three wickets, including Yashasvi Jaiswal and Shubman Gill. Ravindra Jadeja made 43 before being bowled in the final over of the day.
School Holiday Tomorrow: With the southwest monsoon actively delivering heavy rainfall on August 24, 2026, parents and students are advised to stay alert for any school closure announcements. Particularly in Odisha and Bihar, where significant rain is anticipated, local authorities will assess safety before making decisions. As of now, no school holidays have been officially declared, so keep an eye on local updates to ensure safety for everyone involved.
Hawaii wildlife crews recently discovered Blackburn's Sphinx Moth caterpillars on Lnai. These endangered insects were also found in Halawa Valley and Kalae on Molokai. These sightings mark the first on Molokai since the 1940s. The discoveries provide crucial information for conservation efforts.
17-year-old Texas student Iris Shen won $150,000 and third place at the 2026 Regeneron Science Talent Search for testing potential cancer drugs in clams. Her research found that one drug produced effects similar to those seen in human cells, while other drug combinations slowed tumor growth, suggesting clams could potentially serve as a new model for blood cancer drug discovery.
People who doodle while listening may not necessarily be ignoring what is being said. In some situations, doodling can act as alow-demand attentional activity, especially when the main task feels boring or repetitive. However, in other cases, free-form doodling may compete for attention with the information a person is trying to absorb or remember.
7 everyday foods that can help prevent kidney stones forming
Kidney stones affect roughly one in ten people globally and the numbers are rising. The good news is that what you eat plays a significant role in whether they form at all. Here are seven everyday foods backed by research that can make a real difference.
Alibaba will raise 95,000 crore (US$10.2 billion) through a new share issue, with all proceeds earmarked for AI infrastructure and innovation.
'Your anger is their content': Delhi Police personnel urged not to engage with protesters
Delhi Police received new guidelines from a central agency regarding protest management. Personnel are advised to remain calm and avoid provocation from demonstrators filming them. These directions follow allegations of police excesses during a recent protest at Jantar Mantar. Officers must assume their actions are recorded and exercise restraint during interactions. The guidelines also stress maintaining law and order while ensuring public safety.
Japan earthquake injures 37, disrupts trains and ruptures water pipe in Tokyo
A moderate earthquake struck eastern Japan early Sunday morning. At least thirty-seven people sustained injuries from panic and falls. Train services experienced disruptions, and a water pipe ruptured in Tokyo. Authorities confirmed no tsunami threat and no issues at nuclear facilities. Residents are advised to remain cautious of possible aftershocks.
Lanier crushes Naraoka to become first Frenchman to win singles world title
Alex Lanier secured a historic singles title at the badminton World Championships. Thom Gicquel and Delphine Delrue also claimed a world title in mixed doubles. Lanier defeated Japan's Kodai Naraoka in the men's singles final. This victory caps a year of strong performances for French badminton. The French team also won the continental championships this year.
During her train journeys, Arunika Yadav demonstrated her innovative remote work setup, utilizing three SIM cards from different carriers to ensure reliable internet connectivity. A dedicated phone for internet purposes guarantees seamless access for virtual meetings and tasks. Additionally, she appreciates the ease of ordering meals at station halts, enhancing her travel experience.
Britain once had roughly 200,000 coypus after the rodents escaped from fur farms and spread across East Anglia, damaging crops and wetlands. In 1981, the country launched a scientific eradication campaign using intensive trapping, research and population tracking. Six years later, the invasive rodents had almost disappeared from Britain.
Urban Company has sued Kent RO Systems in the Delhi High Court, alleging that its advertisements and social media posts made false and misleading claims about Urban Companys Native water purifiers. The dispute centres on Natives two-year filter and service life features, which Kent RO allegedly called a marketing gimmick and described the purifiers as unsafe and risky.
Prof. Subhash Khanna served as international faculty for Sri Lanka's inaugural live robotic surgery workshop. He performed complex procedures, including a bilateral TAPP groin hernia repair. The event marked Sri Lanka's first robot-assisted cholecystectomy. India's SSI Mantra Surgical Robotic System was formally launched at the hospital. This collaboration signifies a new era for surgical innovation in Sri Lanka.
6 vegetarian foods that are surprisingly high in protein
Harry Kane is Germany's player of the year, Vincent Kompany gets coach's award
Harry Kane earned Germany's player of the year award for 2026. He scored sixty-one goals for Bayern Munich in all competitions. Vincent Kompany received the coach's accolade after another successful season. Kane helped Bayern secure the Bundesliga title and German Cup. The England forward also contributed to the new season's German Supercup victory.
Volodymyr Zelensky rejects rival's call for vote, says would 'split' Ukraine
President Volodymyr Zelensky said in remarks made public Sunday that it would be too dangerous for Ukraine to hold an election while it fights Russia, after a call by his former defence minister to organise a vote. Then days ago, the ousted Fedorov made a surprise call to find a way to organise elections.
India's ICMR assures citizens that there is no new strain of H1N1, encouraging public calm during the current situation. In Kolkata, protests arise regarding a political office constructed on Waqf land. Meanwhile, Tamil Nadu amplifies efforts to capture a tiger linked to two fatalities. In international news, Pakistan's Deputy Prime Minister is set to visit the UK for official engagements.
Psychology says people who invent stories about strangers may naturally engage in social imagination
Inventing stories about strangers does not necessarily mean someone is nosy, judgmental or disconnected from reality. It may simply reflect the way social cognition, mentalizing and spontaneous thought work together, as the mind naturally tries to imagine other peoples experiences, intentions and possible stories.
Posters outside Congress headquarters in Delhi term Rahul Gandhi The Real Life Batman
Minor textile trade violations may attract fines, not jail, under proposed rules
According to the draft Textiles Committee (Adjudication of Penalties and Appeal) Rules, 2026, reviewed by Mint, the textiles ministry has proposed a formal process under which violations would be dealt with through warnings and monetary penalties instead of the earlier criminal prosecution route.
Rishabh Pant walks off injured after blow to left arm in second Test against Sri Lanka
Indian wicketkeeper-batter Rishabh Pant retired hurt during the second Test match. He sustained an injury to his left arm after being struck by a short ball. The Sri Lankan bowler Lahiru Kumara delivered the delivery which hit Pant. He was attended by the team physiotherapist and later walked off the field. Ravindra Jadeja replaced Pant and joined Devdutt Padikkal at the crease.
Market Trading Guide: Jayaswal Neco Industries among 2 stock recommendations for Monday
Analysts recommend Jayaswal Neco Industries and Alkyl Amines for Friday, citing bullish breakouts, strong trading volumes and improving RSI momentum. Jayaswal Neco has a target of Rs 110, while Alkyl Amines has a target of Rs 2,250, with both stocks trading above key moving averages.
PM Modis aura remark grabs attention during interaction with space startup CEOs in Delhi
Spanish fashion brand Mango sees rapid India growth, set to expand
Myntras wholesale entity Myntra Jabong India in 2017 had secured the master franchise rights for Mango in India; online and offline channels now contribute equally to the brands India business
Grasim eyes 2 trn revenue in FY27 as growth platforms scale up: KM Birla
Grasim Industries is set to reach a consolidated revenue of Rs 2 lakh crore in FY27, nearly double the level five years ago, driven by a diversified portfolio spanning building materials, financial services, digital commerce and renewable energy, its Chairman Kumar Mangalam Birla said. Grasim, the holding company of the flagship Aditya Birla Group firms such as UltraTech Cement, Aditya Birla Capital, Birla Opus, Aditya Birla Renewables and Birla Pivot, had reported its highest-ever consolidated revenue of Rs 1.75 lakh crore in FY26. Grasim, which will complete 80 years of incorporation on August 25, now operates 10 business lines and has a market capitalisation exceeding Rs 2 trillion, Birla said on Friday at the holding firm's 79th annual general meeting. He said the composition of Grasim's earnings is becoming increasingly balanced, with established businesses generating strong cash flows even as newer growth engines scale up rapidly. This gives us confidence that, in FY27,
AI cyber threats are rising. But why are Indian startups looking overseas?
Global clients can boost Indian startups credibility at home.
India becomes Sophos' top growth market after 60% jump in FY26 business
Global cybersecurity major Sophos has recorded a 60 per cent growth in its India business in the last financial year, outperforming the broader domestic market growth by four times, a top company executive said. India is now the largest contributor to the company's Asia-Pacific and Japan (APJ) operations and is currently the number one growth region for Sophos globally. The cybersecurity market in India is growing at approximately 15 per cent. In the last financial year (FY26), we grew at 60 per cent, which means we are growing at four times the market (rate), Gavin Struthers, Senior Vice President Asia-Pacific & Japan, Sophos, told PTI in an interaction. Struthers attributed this phenomenal achievement to the rising awareness of the importance of cyber resilience and increased regulatory focus, including the Digital Personal Data Protection (DPDP) Act. The company currently employs over 1,500 people in India, making it the largest employee base for Sophos across all ...
Grasim eyes Rs 2 lakh crore revenue in FY27 as growth platforms scale up: KM Birla
Grasim Industries anticipates reaching Rs 2 lakh crore revenue by FY27. This growth stems from its diverse businesses including cement and financial services. UltraTech Cement capacity has surpassed 200 million tonnes per annum. Birla Opus paints business secured a significant market share within two years.
Govt notifies MMDR Act even as states threaten to move Supreme Court
The act restricts states powers to levy taxes on mineral rights and mineral-bearing lands
Pepper Awards celebrates 20th milestone edition; opens entries to All India
Pepper Awards 2026 will, for the first time, open its Call for Entries to creative work from across India, expanding beyond its traditional South Indian footprint
Shubman Gill joins 3,000-run club in Tests during Colombo second Test
Indian skipper Shubman Gill achieved 3,000 Test runs on Sunday. He reached this milestone during the second Test against Sri Lanka. Gill has scored 3,004 runs in 43 matches at an average of 43.53. He is the fourth-youngest Indian batter to achieve this significant feat. India was 88/2 at the end of the first session.
During the Apollo 12 mission, astronaut Alan Bean mistakenly aimed the color television camera at the sun, leading to overheating and the loss of live color transmissions from the moon. Although this incident curtailed real-time broadcasts, a wealth of still photos and 16mm film preserved the lunar journey. As a result, NASA implemented updated handling procedures for cameras in subsequent space explorations.
Nationwide anti-narcotics fortnightly drives to begin from September
Anti-drug agencies will launch a year-long national enforcement drive starting September. This initiative includes apprehending absconding offenders and inspecting medical shops for drug diversion. Special drives will target foreigners and focus on preparing dossiers against fugitives. The plan also involves awareness programs and coordinated checks at all entry points. These campaigns aim to strengthen collaboration and achieve a drugs-free India.
Defence ministry backs major shipbuilding, manufacturing expansion in West Bengal
Defence Minister Rajnath Singh inaugurated five expansion projects for GRSE and YIL. These initiatives aim to significantly boost shipbuilding and defence manufacturing capabilities in West Bengal. GRSE will develop three riverside sites along the Hooghly river for shipbuilding and repairs. YIL's Metal and Steel Factory will enhance indigenous metallurgical output with new forging presses.
Gold loan portfolio to surpass Rs 1.5 lakh crore by FY27-end: Indian Bank MD
Indian Bank expects its gold loan book to surpass Rs 1.5 lakh crore this financial year. This growth will be driven by increased loan volumes and robust demand for gold loans. The bank also reported significant CASA deposit growth in the first quarter. It has successfully raised USD 400 million through overseas bond issuance. Further foreign currency inflows are anticipated from FCNR(B) deposits.
The push for faster adoption of gas piped to households for cooking purposes, called PNG, follows the disruption to India's LPG supply chains during the West Asia crisis earlier this year.
Top FMCG firms reshuffle leadership as industry navigates growth challenges
Companies are also contending with elevated input costs driven by geopolitical uncertainties and supply-chain disruptions, even as investors increasingly focus on sustainable growth and margin expansion
20 IPOs on investors' radar next week. GMPs indicate up to 90% returns
A total of 20 IPOs are on investors radar next week, including fresh issues and upcoming listings across the mainboard and SME segments. Symbiotec Pharmalab, Tempsens Instruments, Lumino Industries and Kwick Forensic Solutions command the highest grey market premiums, with implied listing gains ranging from 107% to 56.7%.
Starbucks India back on growth track after biz recalibration to accelerate store expansion
The company had earlier targeted opening around 100 Starbucks stores annually and sustained that pace for a few years, but moderated expansion over the last 18-24 months
Omega Seiki raises 100 crore in back-to-back rounds in under a month as IPO plans take shape
OSM expands manufacturing and evaluates a public listing, which market experts estimate could involve a 400500 crore issue
FPIs invest Rs 23,544 crore in Indian equities in Aug on earnings revival, rupee stability
FPIs had withdrawn Rs 49,340 crore in June, Rs 32,963 crore in May, Rs 60,847 crore in April and a massive Rs 1.17 lakh crore in March. Prior to this selling streak, they had invested Rs 22,615 crore in February, according to CDSL data.
Pride Hotels steps up expansion, plans Rs 1,000-cr IPO by December
The expansion has taken Pride Hotels' portfolio to 40 properties, including eight owned hotels and 32 managed properties. The company has also signed contracts for another 32 hotels, which are expected to open over the next one-and-a-half to two years, taking its portfolio to about 72 properties.
MCap of four of top-10 most valued firms erodes 87,960 crore; Airtel takes biggest hit
Last week, the BSE benchmark Sensex declined 468.42 points, or 0.60%, and the NSE Nifty dipped 114 points, or 0.46%
Mcap of four of top-10 most valued firms erodes Rs 87,960 cr; Airtel takes biggest hit
The mcap of Reliance Industries surged Rs 8,119.53 crore to Rs 17,78,175.59 crore and that of Larsen & Toubro climbed Rs 3,487.83 crore to Rs 5,62,460.94 crore.
M&M to intensify exports with new pickup 'Lifestyler'
Recently, the company unveiled its pickup 'Mahindra Scorpio Lifestyler' which will hit the market in India in April 2027 and it will be launched as the 'Mahindra Lifestyler' in global markets
SBI's total business may double to 200 trillion by 2030: Chairman
State Bank of India's total business could potentially double to around Rs 200 lakh crore by 2030, when the bank celebrates its platinum jubilee, given the current growth trajectory, Chairman C S Setty said. SBI came into existence on July 1, 1955 through an Act of Parliament, which, among other things, provided for the transfer of the undertaking of the Imperial Bank of India. The country's biggest lender crossed the landmark of Rs 100 lakh crore total business, which is an aggregate of total loans and advances in the second quarter of the last financial year. This further increased to Rs 110.01 lakh crore at the end of June 2026. Whether the bank had set a specific target for its platinum jubilee year, Setty said there was no formal milestone, but the bank's growth trajectory could take its total business to Rs 170-180 lakh crore and potentially as high as Rs 200 lakh crore by 2030. We don't have any milestone, but if you take the current growth rate, I think we should be around
SBI's total business may double to Rs 200 lakh cr by 75th foundation year in 2030: Chairman
By the year 2030, State Bank of India anticipates its total business could reach an impressive Rs 200 lakh crore, mirroring the Indian economy's projected annual growth of seven to eight percent. The bank's Vision 2030 is designed to benefit customers, employees, shareholders, and government stakeholders. With a focus on bolstering capital ratios and enhancing its cost-to-income ratio, SBI sets its course through various economic landscapes.
10 midcap stocks with massive upside potential of up to 55%! Do you own any?
Ten Nifty Midcap 100 stocks have been identified based on analyst consensus estimates, with projected upside ranging from 23% to 53% over the next 12 months. Patanjali Foods, Vishal Mega Mart and Suzlon Energy lead the list, with analysts assigning Strong Buy ratings and significant potential gains based on target prices.
Peter Thiel's 7 timeless rules for spotting winning businesses: Here is what investors must know
Billionaire investor Peter Thiel advocates backing truly unique businesses rather than merely better versions of existing firms. Drawing from his book Zero to One, his 7 core rules emphasize business philosophy, quality valuations, durable competitive moats, niche dominance, independent thinking, continuous reinvestment, and long-term conviction to spot potential multibaggers.
AI is creating more jobs than it destroys in India, but freshers face the squeeze
AI is creating more jobs than it destroys in India currently. However, entry-level hiring is declining significantly for young workers. Companies increasingly value experienced employees with deeper business knowledge. AI-related job losses are concentrated in financial services and technology sectors. India faces a unique challenge and opportunity with its large tech workforce.
Mahindra & Mahindra to intensify exports with new pickup 'Lifestyler'
Homegrown auto major Mahindra & Mahindra is gearing up to intensify exports with its newly unveiled pickup targeting markets like South Africa, Australia, the Middle East, and Latin America, according to company ED & CEO, Auto & Farm Sectors, Rajesh Jejurikar. The company, which has witnessed a multi-fold increase in its electric passenger vehicles sales last fiscal, is also confident of maintaining the growth trajectory with new products hitting the market, Jejurikar told PTI. Recently, the company unveiled its pickup 'Mahindra Scorpio Lifestyler' which will hit the market in India in April 2027 and it will be launched as the 'Mahindra Lifestyler' in global markets. The Lifestyler pickup was developed as a global platform for access for mainly leveraging a global opportunity...It is an important part of our global growth strategy. We have been outlining that the 'Lifestyler' will be an important part of our global growth strategy, he said. Sharing which global markets ..
15 penny stocks crash up to 50% in 3 months: Are you holding any?
Fourteen microcap penny stocks with market capitalisations below Rs 1,000 crore and trading prices under Rs 20 have witnessed sharp corrections of up to 50% over the past three months. While low entry prices lure retail investors, high volatility and thin liquidity make them highly risky.
