29 C 
Indias fabless dream hits the commercial reality wall
Homegrown chip startups are getting silicon out of the lab, but overcoming foreign IP costs and reluctant OEMs will take more than policy mandates.
How will Sensex, Nifty behave on Monday? 4 factors to drive D-Street action this week
This week's Dalal Street movements are set to be heavily influenced by the ongoing tensions between Iran and the US, alongside fluctuations in global oil prices. Rising bond yields are causing investors to adopt a cautious stance as they navigate market trends. Key economic data from the US and statements from the Federal Reserve will also play a significant role in trading decisions.
A91 Partners set to cash out 445 crore from Atomberg ahead of IPO
The fund, which first backed Atomberg in 2019, has put about 143 crore into the company across primary and secondary transactions
OpenAIs economic research team is looking for researchers who can adapt to AIs rapid evolution, collaborate across organisations and work independently. Led by chief economist Ronnie Chatterji, the team studies AIs impact on jobs, businesses and the broader economy.
Panama-flagged cargo ship sinks off Odisha coast; 2 of 24 crew members saved by Indian Coast Guards
Girls just wanna have fun: The rise of women-only communities
Women in India are actively reclaiming leisure time through various initiatives. New communities are forming around hobbies, sports, and social connections. These groups provide a much-needed space for women to prioritise personal time. Many women now schedule leisure as a non-negotiable part of their lives. This reflects a growing desire for self-care and identity beyond traditional roles.
Beyond the blue: Levis broadens its India bet
Levis is looking to expand its business, with womens apparel, non-denim, and premium products emerging as fast-growing categories
Mint Explainer | Why a parliamentary panel is pushing for a nano business category
The committee says the existing micro category is too broad to distinguish between subsistence-level household businesses and larger micro enterprises.
Why the gaming industry is facing a slowdown after the post-pandemic boom
From a mergers-and-acquisitions frenzy to studio closures, publishers are scaling back as post-pandemic growth in the gaming industry stalls and costs soar.
Chipmaker Nvidia is set to increase prices of its AI servers by 15 per cent as memory chip costs soar. The increase could complicate data center expansion plans, while giving memory makers greater leverage and potentially creating opportunities for Nvidias rivals.
India seeks to pool chipmakers demand for better foundry terms: Meity secretary S. Krishnan
The government is working to help Indian semiconductor chip companies negotiate better terms with global chip manufacturing plants, while also rethinking capital, IP and market support to help them scale.
Paramount and California to hold preliminary talks on Monday over Warner Bros deal: Report
California Attorney General Rob Bonta and 11 other state attorneys general filed a lawsuit in July seeking to block the proposed $110 billion acquisition.
Trump Stock Disclosure Shows More Than 1,000 Trades in June
President Donald Trump made more than 1,000 securities trades in June, including significant purchases of Berkshire Hathaway Inc., Visa Inc., Mastercard Inc. and Cintas Corp., according to a financial disclosure published Saturday.
The BJP has formed a special team to focus on outreach to Gen Z voters. This new initiative aims to understand and engage with young people's concerns. The party also passed a resolution condemning the Congress Working Committee's Vande Mataram stance. A nationwide 'Seva Sankalp Abhiyan' will mark Prime Minister Modi's 25 years as Gujarat CM. This month-long campaign will begin soon to honor the milestone.
Broadcom eyes $80 billion debt deal to fuel Anthropics AI chip ambitions
Broadcom is in talks to raise up to $80 billion in debt to finance AI chips and computing infrastructure for Anthropic and other AI firms.
Norton Manx R Earns Landmark International Design Excellence Award for Reimagining the Superbike
Pasadena (California) [US], August 22: Norton Motorcycles has won Bronze at the International Design Excellence Awards (IDEA) for the Norton Manx R, the flagship superbike leading the brand's new Resurgence strategy.
Uber fined 9,226 crore over driver account suspensions without human review: 'Serious infringements'
European regulators have imposed billions of euros in penalties on major US technology companies in recent years for breaches of privacy, competition and digital market rules.
Knutsford tunnel boring machine Lily has just completed the first major drive beneath the English town, digging deep underground without tearing up the busy streets above. The 44-ton machine is helping build a 1.8-kilometer sewer tunnel designed to store 5.5 million liters of stormwater. The 48 million project aims to reduce pressure on aging sewers and protect local waterways, while keeping everyday life in Knutsford moving.
FSSAI crackdown : 150 notices issued to food companies, over 20 notices to five-star hotels
The food safety authority noted that 150 notices were sent to various food companies for misleading ads, false claims and labelling non-compliances
Israel conducts fresh strike in Syria after US criticism
Israel conducted a strike in Syria, drawing criticism from US envoy Tom Barrack. Barrack slammed the attack as an unnecessary escalation, which Israel refuted. Prime Minister Netanyahu accused Turkey of seeking military presence at the air base. Syria reported an Israeli drone strike wounding a man near the Golan Heights. Israel vowed to maintain troops in a southern security zone.
Noida (Uttar Pradesh) [India], August 22: With a strong record of grassroots leadership, sustained engagement with civic issues and growing public visibility, media strategist, entrepreneur, social activist and public figure Nikhil Singhal is increasingly emerging as one of the prominent voices of Noida residents. His growing public relevance is attracting attention across social, professional and political circles.
Adventurous travelers are discovering the clever use of adhesive tape to shield suitcase wheels from grime. This nifty hack allows for a cleaner journey by acting as a protective layer against dirt and debris. Just remember to apply it carefully, steering clear of axles and swivel parts, and remove it afterward to maintain the suitcase's smooth functionality.
Serena Williams teams up with Alcaraz in U.S. Open mixed doubles
Serena Williams returns to competitive U.S. Open play in mixed doubles. She will partner with defending men's champion Carlos Alcaraz after receiving a wildcard. This marks Williams' first U.S. Open match since 2022. Aryna Sabalenka teams with Novak Djokovic, and Jessica Pegula partners Taylor Fritz. These notable pairings will compete in the upcoming mixed doubles tournament.
Feedstock sourcing: The next critical lever for scaling CBG ecosystem
Press mud, agricultural waste as paddy and wheat straw, and animal manure are among the most widely used feedstock for producing CBG.
Torrent Pharma retired hurt from drug discovery, but not out yet: Aman Mehta
For Torrent, the decision on where and how to deploy capital has also been shaped by its experience with mergers acquisitions over the past decade
Zee Entertainment allots 20.94 crore warrants to promoter entity Sunbright Mauritius at 126 each
The Securities Appellate Tribunal stayed a Sebi order to debar ZEEL for two months and its CEO Punit Goenka for one year from capital markets in the Hyderabad land pledge case.
Monarch Surveyors and Engineering Consultants receives Rs 2-cr work order
Monarch Surveyors and Engineering Consultants announced that it has received a work order worth Rs 1.68 crore from Fursungi-Uruli Devachi Nagar Parishad.
Why India could lead next neurotechnology revolution: Alexander Panov explains
Why India could lead next neurotechnology revolution: Alexander Panov explains
Sebi proposes tighter curbs on promotional claims by online bond platforms
Sebi is tightening the reins on advertising practices for online bond platforms, aiming to protect investors from hasty decisions. New rules mandate that promotional content provides standardized information about specific securities. Terms such as 'fixed returns' must be accompanied by explicit risk disclaimers, while ambiguous claims like 'high yield' will also be subject to regulatory restrictions.
B.R.Goyal Infrastructure receives Rs 151-cr NHAI work order
B.R.Goyal Infrastructure announced that it has received a work order worth Rs 151.06 crore from the National Highways Authority of India (NHAI) for engagement of a user fee agency through e-Tender at Jajau Fee Plaza in Madhya Pradesh.
Manipur honours Mirabai Chanu, Glasgow Commonwealth Games medallists
Manipur Chief Minister Yumnam Khemchand Singh honored Commonwealth Games athletes. He also distributed appointment letters to National Games gold medal winners. Saikhom Mirabai Chanu received recognition for her weightlifting achievements. Cash rewards and certificates were given to various medalists and participants. This event celebrated sporting excellence and motivated future athletes.
Baloch communities facing systematic repression, claims BYC leader Sabiha Baloch
Baloch Yakjehti Committee leader Sabiha Baloch alleges identity is a mark of suspicion. Baloch communities face systematic repression and state persecution across Pakistan. Civilians in Balochistan experience drone attacks and airstrikes, while Karachi residents face raids. Forced disappearances and persecution are highlighted by a social media campaign. The campaign urges an end to enforced disappearances and persecution of Baloch people.
Ram Mandir donations row: Lawyers' body demands FIR against Champat Rai, Anil Mishra
The Faizabad Bar Association is demanding an FIR against Champat Rai and others for alleged donation irregularities. Lawyers allege government protection for those accused in the Ram Mandir donation case. A delegation met the Senior Superintendent of Police seeking urgent action on their complaint.
Vande Mataram row disrupts second day of Himachal Assembly Session
A dispute over Vande Mataram and the National Anthem disrupted the Himachal Pradesh Vidhan Sabha session. The ruling Congress and opposition BJP protested outside the assembly premises on Saturday. Opposition leader Jai Ram Thakur stated the Vidhan Sabha would not follow the Congress Working Committee's agenda. Chief Minister Sukhvinder Singh Sukhu accused the BJP of politicizing and disrupting assembly proceedings.
Unconsciously matching someone elses walking pace is not a hidden psychological code that can reveal exactly how you feel about them. However, it does highlight something more fascinating: human interaction extends beyond words, with our bodies often adjusting and coordinating with the people around us.
CONCACAF chief asks Infantino to skip youth tournament amid FIFA governance crisis
CONCACAF President Victor Montagliani asked FIFA chief Gianni Infantino to avoid a youth tournament. Montagliani cited mounting opposition to Infantino's leadership as the primary reason. Infantino faces pressure from three confederations to resign from his position. His presence would overshadow the technical nature of the youth competition.
From Kabul to Capitol Hill: Aisha Wahabs historic win drives Democrats left
Aisha Wahab made history as the first Afghan-American elected to the U.S. Congress. Her victory highlights a significant leftward shift within the Democratic Party. This progressive surge is evident in other recent primary contest wins across the nation. The movement reflects a younger, more diverse, and immigrant-led political force.
Quote of the Day by Miley Cyrus: Miley Cyrus's famous quote, You dont have to stay the person you were yesterday just because people loved that version of you... highlights the quiet pressure to remain trapped in nostalgic expectations. True personal growth often requires abandoning the comfort of familiar approval to honor the person you are becoming today. Rather than viewing personal evolution as a betrayal of your past, Cyrus frames ongoing transformation as an act of necessary self-preservation.
We rate him very highly: Gambhir backs Kuldeep ahead of second Sri Lanka Test
India's head coach Gautam Gambhir supports Kuldeep Yadav for the upcoming Test match. He advised the spinner to focus on taking wickets while maintaining control. Gambhir also expressed his preference for three-match Test series over shorter formats. India secured a significant victory in the first Test against Sri Lanka. The second Test between India and Sri Lanka begins on Sunday.
India draws $72.85 billion in forex inflows, FCNR(B) deposits top $65 billion, says RBI
Forex inflows mobilised under the Reserve Bank of India's special USD-INR swap facility reached USD 72.85 billion as of August 21 with FCNR(B) deposits accounting for the bulk of the funds raised under the scheme
Mumbai Indians appoints Zubin Bharucha as Director of Performance
Zubin Bharucha has joined Mumbai Indians as director of performance. He previously served Rajasthan Royals in various capacities since 2008. Bharucha will work with Indian players during the off-season at the franchise's facility. He is currently touring South Africa with young MI players and assistant coach Paras Mhambrey. Mumbai Indians have won the IPL title five times and are looking to improve.
Dalal Street Week Ahead: Selective Buying Favoured as Nifty Remains Range-Bound
Nifty remained range-bound, falling 0.47% to 24,252 amid subdued volatility. Resistance at 24,450
Commercial vehicle loans will grow significantly over five years. Used car loans are the fastest-growing segment, formalizing credit access. Two-wheeler financing maintains the largest borrower volume, introducing many new customers. Auto loan disbursements are shifting towards higher values, increasing average ticket sizes. Delinquency indicators are improving across most vehicle loan categories.
6 foods that may help you stay energetic throughout the day
Iran allowed Iraqi tankers to pass through Hormuz Strait: state media
Tehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the past six months. Iran asserts control over the vital waterway, requiring permission and transit fees. Iraq relies on this strait for exporting the bulk of its crude oil.
Rankings do not matter: Gambhir says India heading in right direction in Tests amid team transition
Coach Gautam Gambhir stated India is undergoing a Test cricket transition phase. He dismissed concerns over rankings, asserting the team is moving forward. Young players Devdutt Padikkal and Manav Suthar made immediate impacts in the first Test. Gambhir praised their performances while noting the need for continued development. Building depth in red-ball cricket remains a key focus for the Indian team.
Uttar Pradesh CM Yogi Adityanath assures no sugar shortage, details state stock availability
Uttar Pradesh Chief Minister Yogi Adityanath stated there is no sugar shortage in the state. He assured consumers that ample sugar stocks are currently available with mills. Mills have sold significant quantities, which remain in the open market. Officials are directed to monitor stocks and take action against hoarding. Sugarcane cultivation is projected to increase for future production.
In a notable incident at a Bengaluru coffee shop, a customer was labeled as 'Little fat black shirt' on his bill, leading to accusations of body-shaming. The individual took to social media to voice his discontent. In response, Subko Coffee publicly apologized, denouncing fat shaming and confirming that they would implement discipline and reassess their customer service protocols to prevent future issues.
Which Diwali? Boris Johnson says he kept his India-UK FTA promise
Will Jaishankar reveal Indias security calculus? Of course I will not
The Indian consumer is never off: Jaishankar on Russia, the Gulf and Pakistan | ET WLF 2026
India's head coach Gautam Gambhir prioritizes winning trophies over external criticism. He stressed that team success is the only measure that truly matters. Discussions are ongoing to ensure key players remain available for matches. Player availability and squad continuity will help achieve better results. India recently defeated Sri Lanka by 165 runs in the first Test.
Psychology does not suggest that everyone who edits a text fears being judged. However, research onself-presentation, impression management, self-consciousness and emotion regulationcan help explain why people sometimes adjust their messages when they become aware of how others might perceive or evaluate them.
UN welcomes Sri Lanka's efforts to bring back refugees from India
Sri Lanka simplified immigration procedures for refugees returning from India. The United Nations welcomed this significant decision for their safe return. Many refugees fled ethnic violence which began in nineteen eighty-three. Around ninety thousand refugees still reside in India's Tamil Nadu state. The UNHCR will facilitate the return and resettlement of these displaced individuals.
Indian Oil to supply entire petroleum imports requirement of Mauritius
Indian Oil will supply Mauritius' entire import requirement of petrol, diesel and aviation turbine fuel under a long-term agreement with the State Trading Corporation
Freedom Oils maker Gemini Edibles & Fats India files DRHP with Sebi for IPO
Gemini Edibles & Fats India, maker of Freedom Oils, filed IPO papers with Sebi for an entirely offer-for-sale issue of up to 4.12 crore shares. Promoters and investors will sell stakes, while the company earns no proceeds. Revenue rose to Rs 12,650 crore in FY26, supported by strong branded oil growth.
Disney will reportedly limit health insurance for some US employees' spouses starting next year. Spouses with their own employer-provided insurance will be excluded from Disney's plans, while coverage for other dependents remains unchanged, as per a report.
Zee Entertainment allots 20.94 cr convertible warrants to promoter group entity
Zee Entertainment Enterprises has issued warrants to Sunbright Mauritius Investments Ltd, following the necessary board sanctions and regulatory approvals for their funding initiative. This move has attracted a subscription of Rs 659.76 crore, allowing Sunbright Mauritius to secure a substantial stake once the warrants are fully converted. Notably, these warrants are eligible for conversion within a period of eighteen months from the date of allotment.
India raises $72.8 billion via overseas deposits, loans, central bank says
Indian banks have raised over seventy-two billion dollars through overseas borrowings. These funds were secured from non-resident Indians and other loan sources. Banks have been permitted to use these foreign funds for lending to non-resident Indians. The Reserve Bank of India reported sixty-five billion dollars via FCNR deposits. A discounted forex swap facility for banks will close on August thirty-first.
3TENX Introduces Rs.299 HydraRevive Trial Kit, Bringing Professional Haircare Within Easier Reach
Gurgaon (Haryana) [India], August 22: 3TENX, the professional Indian haircare brand, has introduced the HydraRevive Trial Kit, priced at 299, giving consumers the brand's complete shampoo, mask and conditioner routine to experience before investing in full-size products. Once the kit is delivered, the full 299 is credited back to the consumer's 3TENX wallet as cashback.
CAS chaos triggers liquidity spiral: Nuvama says higher participation needed to break cycle
BSE
India eye women's hockey World Cup semifinal berth in clash against Australia
India's women's hockey team plays Australia in a crucial World Cup match on Sunday. A win against Australia will secure India a spot in the semifinals. The team has shown strong defense, with goalkeepers making key saves. However, converting opportunities into goals remains a challenge for the Indian side. This match is considered a quarterfinal by coach Sjoerd Marijne.
The SS Gulfoil, a World War II tanker, has transformed into a stunning coral reef over the years. After resting on the seabed for decades, cold-water corals now blanket its wreckage. These shipwrecks act as artificial reefs bustling with life, prompting scientists to explore the impacts of petroleum pollution in deep seas. This oceanic revival highlights nature's resilience, urging us to pay attention.
T20 is the future, but boards should preserve Test and ODI formats: Chaminda Vaas
Chaminda Vaas advocates for preserving Test and 50-over cricket formats. He believes T20 cricket is the game for the future. Vaas stresses the need for boards to support traditional formats. He suggests improving Sri Lanka's domestic cricket structure. Identifying players suited for each format is also crucial.
NASA's Genesis mission faced a dramatic mishap in Utah when its capsule crashed after gathering precious solar wind samples. The failure of the parachutes due to a design flaw led to the destruction of the spacecraft. However, dedicated scientists managed to recover the dispersed solar materials, unveiling striking variations in oxygen isotopes between the Sun and planetary bodies.
Authorities have taken two suspects into custody for a series of theft-related offenses. This included charges for robbery and dangerous driving. The investigative process was initiated by a fuel theft incident along with a report of a stolen vehicle. After multiple arrest attempts, officers successfully detained them in Falmouth, recovering the stolen vehicle, and both suspects are now facing court proceedings.
Uniflow expands control-valve capacity 5-fold as India looks to cut critical imports
A small but critical piece of industrial equipment is emerging as a potential bottleneck in Indias investment cycle: high-specification control valves, where import dependence runs as high as 40% and overseas procurement can stretch to 40 weeks
Messi fined by MLS for on-field altercation with Philadelphia Union's Quinn Sullivan
Lionel Messi received an undisclosed MLS fine for striking Quinn Sullivan during a match. An independent panel also rescinded a red card shown to Cavan Sullivan. Messi was previously fined in February 2025 for a neck grab incident. Inter Miami currently sits second in the Eastern Conference standings.
Liverpool City Development and LFC explore strategic partnership with Telangana government
Liverpool officials met Telangana Chief Minister A Revanth Reddy in London. They expressed interest in a strategic partnership focusing on key sectors. A Liverpool delegation will visit Hyderabad in October for further discussions. Meanwhile, Fenway Sports Group announced a new investment in Liverpool Football Club. This investment aims to support the club's long-term growth and future objectives.
Mamata Machinery geta patent for its Quadra 600 machine
Mamata Machinery said that the company has been granted a patent in India for the technology used in its Quadra 600 machine.
Mom's Belief operator to launch IPO on Sep 1
On September 1, Rays of Belief Ltd will make its debut in the stock market with an initial public offering. With ambitious plans to open 319 new centers across India by FY29, the IPO proceeds will support expansion efforts, including fit-outs and technological advancements. The company aims to enhance neurodevelopmental care in Tier-II and Tier-III cities while showcasing impressive revenue growth.
India-Japan 50,000-worker employment corridor faces Japanese-language skills gap
Honda India Foundations 60-person Japanese-language program adds to a growing effort to connect Indian workers with jobs in Japan
Make peace. Its not very complicated: DP World CEO on keeping global trade moving | ET WLF 2026
Make peace. Its not very complicated: DP World CEO on keeping global trade moving | ET WLF 2026
Bank stocks to buy: Goldman Sachs remains bullish on 6 private bank stocks. Do you own any?
Goldman Sachs expects Indian banks
Price Reset Hits Ai+ Smartphone Lineup
New Delhi [India], August 22: Ai+ Smartphone today announced a price revision of Approx Rs 2,000 across select devices in its smartphone portfolio, effective immediately. The adjustment comes in response to sustained increases in component and input costs impacting the broader smartphone industry.
The world after the West: Boris Johnson on Putin, Trump, Brexit and India | ET WLF 2026
The world after the West: Boris Johnson on Putin, Trump, Brexit and India | ET WLF 2026
CGST Zone detects clandestine pan masala, tobacco unit, detects tax evasion of Rs 160 cr
Hyderabad CGST Zone busted a clandestine pan masala and tobacco manufacturing unit. Officials detected approximately Rs 160 crore in duty and cess evasion. The operation seized finished stock, raw materials, and packing machines. A key person organizing the illicit operations was arrested and remanded. This enforcement action targets manufacturers avoiding applicable GST and excise duties.
Duleep Trophy: All eyes on Sooryavanshi as auditions for Australia ''A'' Test starts
Vaibhav Sooryavanshi seeks to improve his First-Class numbers in the Duleep Trophy quarterfinal. East Zone faces an inexperienced North East Zone, offering a chance for runs. The tournament also serves as an audition platform for India A hopefuls. North Zone's Kanhaiya Wadhawan leads the senior zonal side with maximum representation. The West Zone contest against North Zone promises an exciting and closely fought match.
Recent studies reveal that wild African elephants in Kenya utilize distinct vocalizations to communicate with one another, showcasing their advanced social skills. A sophisticated computer model has effectively pinpointed which elephants are being addressed in these calls. Observations of real-time behaviors in response to recorded sounds further validate these findings, underscoring elephants' sophisticated communication without mimicking each other's calls, shedding light on their intricate social dynamics.
Boris Johnson combs his hair - A historic first on the ET WLF stage
Kerala varsity Vice Chancellor alleges foreign forces try to turn youngsters into 'cockroaches'
Kerala University Vice Chancellor Mohanan Kunnummal defended his recent remarks. He alleged foreign forces deliberately target youth, making them drug addicts. Kunnummal explained his 'cockroach' comment was misunderstood by young students. He also addressed criticism regarding his 'Vande Mataram' statement.
India, Mauritius sign long-term fuel supply pact; IOC to meet entire import requirement
Under the agreement IOC will supply Mauritius its entire import requirement of motor spirit (petrol), high speed diesel (diesel) and aviation turbine fuel
Idaho's game wardens introduced an innovative approach in the late 1940s, using parachutes to relocate beavers. They engineered unique boxes to ensure the safe aerial transport of these animals to remote locations. Once settled, the beavers promptly engaged in their natural behavior of reshaping waterways, contributing significantly to their new habitats. A rediscovered film ultimately showcased this fascinating, albeit unconventional, wildlife management strategy.
EPFO urges establishments to enrol eligible workers under EEC 2026
Establishments can now enrol previously uncovered employees under EPF. This Employees' Enrolment Campaign 2026 offers a one-time opportunity for compliance. Eligible workers will gain access to provident fund and pension benefits. Employers must complete enrolment and remittance through the online portal. The campaign aims to bring more workers into the social security framework.
Iran grants permission for Iraqi oil tankers to pass through Strait of Hormuz
Iran has taken a pivotal step by permitting Iraqi oil tankers to pass through the Strait of Hormuz. This action follows a series of requests from Baghdad utilizing various diplomatic avenues. Achieving this special transit was a critical goal highlighted during the visit of Iran's parliament speaker, Mohammad Baqer Qalibaf, to Iraq, with the announcement being covered by the state news agency IRNA on Saturday.
In 1961, Berliners woke up to find barbed wire separating East and West Berlin after East German troops sealed the border overnight. Train services and road traffic were stopped, cutting off thousands of people and blocking the route used by East Germans fleeing to the West, marking the beginning of the Berlin Wall.
Madhya Pradesh has abolished over 900 hindering laws and offers land within 29 days. The state has attracted investments worth ten lakh crore rupees for ongoing projects. Exports are expanding from 37 districts, with further efforts underway for all 55. Clean energy capacity is set to increase significantly, supporting industrial growth. Infrastructure development and direct benefit transfers aid investor interactions and support.
Jharkhand government cancelled recruitment examinations, causing widespread anxiety among newly appointed candidates. Protesting candidates received temporary relief after the Jharkhand High Court stayed the cancellation order. Many candidates had worked for years, making significant personal sacrifices for these government jobs. The High Court's interim order allows selected candidates to return to their offices for now. A final decision on the alleged irregularities and cancellations awaits further legal proceedings.
India's private credit funds increasingly turn to AI for deal sourcing, underwriting: EY
Indian private credit funds are adopting artificial intelligence for deal sourcing and analysis. Most funds use AI moderately for data analysis and monitoring purposes. A smaller group integrates AI deeply into their investment processes. The private credit market expanded in early 2026 despite global economic uncertainty. Funds are seeing demand for stress-related situations and financing needs.
South Korean container ship sets sail on first commercial Arctic voyage to Europe
A South Korean container ship has begun its first commercial voyage via the Arctic. This journey aims to test the viability of the Northern Sea Route for trade. The voyage is expected to take between forty and forty-five days. Officials hope this route will transform Busan into a global maritime hub. This initiative could position the Arctic as a regular trade route by 2030.
