28 C 
Quote of the day by Epicurus (Author of Lettera sulla felicit): Epicurus' ancient wisdom teaches us to appreciate what we have. He advised against spoiling present joys by constantly desiring what we do not have. Modern desires for wealth and status can create endless dissatisfaction. Focusing on what is truly necessary can lead to a more peaceful and fulfilling life. Appreciating the things we once hoped for but now have can also foster gratitude and contentment.
Quote of the day by Beethoven: Ludwig van Beethoven expressed a powerful belief in the importance of individual merit, valuing talent and hard work over noble lineage. His insight remains relevant today, when comparisons with others are increasingly common. By challenging societal expectations, Beethoven forged his own path as an artist and left a lasting legacy that encourages people to recognise and value their unique abilities, contributions and achievements.
Iran warns US strikes will 'tighten the lock' on Strait of Hormuz
The Revolutionary Guard Corps of Iran issued a statement claiming that US military strikes would exacerbate conditions in the Strait of Hormuz. The US has verified its attacks on IRGC targets in Iran after a string of Iranian assaults on vessels and troops. In retaliation, Iran has initiated a military response employing missiles and drones against US interests, leading to an alarming rise in hostilities around this critical maritime route.
SEC Preps Plan to Widen Investor Access to Private Markets
The US Securities and Exchange Commission is eyeing a plan to expand access for retail investors to private markets and allow investment advisers to charge performance fees to a wider set of clients.
Mumbai (Maharashtra) [India], September 1: SIMCA Advertising Limited (NSE Emerge: SIMCA | ISIN: INE1K4J01018), one of India's established mediatech and Digital Out-of-Home (DOOH) advertising companies with a legacy spanning over five decades, has been honoured with the Excellence in Out-of-Home Advertising recognition at the ET NOW Business Conclave & Awards 2026 - West Edition.
Canada Pension Plan Investments commits 2,070 Crore to NIIF Infrastructure Fund II
CPP Investments has committed around 2,070 crore ($215 million) to NIIF Infrastructure Fund II, strengthening its partnership with NIIF. The fund will invest in Indias infrastructure sector, focusing on long-term growth themes including urbanisation, digitalisation and the energy transition.
Blackstone exits EPL with entire 26.38% stake sale for 2,032 crore
The stake sale comes as EPL prepares for a proposed merger with Indovida India to create a larger packaging entity.
Trump says US gave Iran many chances, dismisses value of any deal: Report
During a Fox News interview on September 1st, President Donald Trump remarked that Iran has squandered multiple opportunities for a meaningful agreement. He stated that any potential deal with the Iranian government is unlikely to be trustworthy or reliable, highlighting his strong opposition to ongoing negotiations and indicating a decisive stance on US-Iran relations.
Best Mexican Proverb of the Day: Build a reputation and you can rest easy explores how a persons established reputation can influence the way others perceive their actions. The Mexican proverb suggests that once an image becomes firmly associated with someone, people may continue to judge them through that reputation, even when their behaviour changes over time.
PM Modi at SCO: Shun double standards on terror, choose dialogue & diplomacy to resolve conflicts
In a powerful address, Prime Minister Modi called on the SCO to take a firm stand against nations that leverage terrorism for state agenda. He emphasized the need to dismantle the networks that support terrorism and eliminate the hypocrisy surrounding counter-terrorism efforts. Modi also highlighted the importance of dialogue and diplomacy in addressing international disputes and regional issues, ensuring that connectivity projects uphold principles of national sovereignty and territorial integrity.
Hope you go home, else we will force you to go home: Mullin fires warning to Immigrants holding TPS
When US stop doing memes, throwing shade: Carney tears into Trump admin over insulting Canada
Kushner holds this bizarre role: AOC demands transparency from Trump over conflict of interest
Wanna tell me, Mayor, these criminals? Mullin unloads on Mamdani as ICE nabs 2K+ off NY streets
SCO Summit: India's priorities on terror, security reflected in Bishkek Declaration
India's priorities found reflection in the SCO Bishkek Declaration adopted Tuesday. The declaration emphasized combating terrorism and strengthening scientific cooperation among members. New Delhi highlighted thirteen key outcomes, including a center for countering security threats. Prime Minister Modi urged confronting nations using terrorism as state policy. This summit strengthened India's engagement with the Eurasian region.
India, US commit to deepen relationship in critical minerals, other areas
In a significant move, India and the US have vowed to bolster their bilateral relationship, particularly in critical minerals supply chains. U.S. Treasury Secretary Scott Bessent praised India's involvement in G7 discussions. Finance Minister Nirmala Sitharaman invited him to visit New Delhi, marking a pivotal moment. Furthermore, the US will take center stage by hosting the G20 Leaders' Summit later this year.
Tata Motors gets ECB nod for 40,000-crore Iveco takeover
The European Central Bank has approved Tata Motors proposed acquisition of qualifying holdings in two Iveco-linked financial institutions
Prakhar Purohit created tiny batteries using dirty water for a science project. His innovative idea earned him the 2026 North Carolina State Merit Winner recognition. This award highlights students exploring real-world issues through scientific experimentation. Purohits project connects water pollution with small-scale electricity generation needs. The initiative encourages innovative approaches to environmental and energy challenges.
Nestle agrees $1 billion sale of vitamins, minerals and supplements business to Yellow Wood
The deal includes seven brands Nature's Bounty, Osteo Bi-Flex, Ester-C, Gard, Nuun, Puritan's Pride and Sisu and the U.S. private-label supplements business.
US tariffs, supply chain disruptions have opened new markets: Gujarat CM
Gujarat Chief Minister Bhupendra Patel views new trade agreements as beneficial for his state. He sees global supply chain disruptions as opportunities for new market exploration. Patel expressed confidence in attracting significant domestic and foreign investments to Gujarat. The state government's policy continuity and stability are key attractions for investors. Gujarat is also focusing on green energy initiatives and expanding its MSME sector.
Three South Indian medtech startups get an Israel launchpad
The programme offers the founders exposure to Israels healthcare ecosystem, clinical validation expertise and potential pathways to international markets
Tata Elxsi inks pact with Sarla Aviation to make air taxi platform Shunya
Design and technology services firm Tata Elxsi on Tuesday said it has signed an initial pact with startup Sarla Aviation to collaborate on the development of the Bengaluru-based firm's air taxi platform Shunya. Under the collaboration, Tata Elxsi will provide engineering support across avionics, including flight control systems, software integration, testing, verification and validation, and certification. On the other hand, Sarla Aviation will lead the design, development and type certification of the Shunya platform, the company said. The engagement also creates opportunities to extend support across sensor fusion-based navigation software, industrial and structural design, and airworthiness test support, it added. Every major shift in transportation has been enabled by a combination of engineering innovation and ecosystem readiness. Advanced air mobility is no different, and Sarla Aviation's vision for Shunya reflects the ambition driving this transformation. Initiatives like
Shah Rukh Khan becomes the face of Vodafone Idea's new brand identity campaign. The company also unveiled a new logo as a part of its new phase.
Germany blames Russia for last month's attempted drone attack at Leipzig airport
Germany has blamed Russia for an attempted drone attack at Leipzig airport. Authorities found evidence linking the device to Russian hybrid operations. The German government will close a Russian consulate in Bonn. Further measures include increased entry controls and sanctions against Russia. Moscow has stated it will respond to these German actions.
Quote of the Day: Sophia Lorens timeless quote of the day, At the dressing table, every woman has a chance to be an artist, and art, as Aristotle said, completes what nature left unfinished, celebrates beauty as an art form. The classic quote also explores how every woman can use personal style, creativity and confidence to express herself.
'Double standards' in fight against terrorism 'unacceptable': SCO declaration
In a united front, the SCO countries dismissed double standards in addressing terrorism and cross-border movements, expressing their profound worries about the situation in West Asia and condemning US military actions against Iran. The member nations strongly promoted political and diplomatic avenues to resolve conflicts in the region and underscored the importance of a just resolution for the Palestinian situation. The upcoming SCO summit is set for 2027 in Pakistan.
Aerocity to be developed near Indore airport, to attract Rs 600 cr investment
Madhya Pradesh government will develop an aerocity near Indore's airport. This modern commercial hub is expected to attract significant investment. The aerocity will offer hotels, office spaces, and residential developments. It will also provide direct connectivity to the Indore-Pithampur Economic Corridor. A theme-based amusement park is also planned for the city.
Quote of the Day by James Stewart: James Stewarts quote, You have to develop a style that suits you and pursue it, not just develop a bag of tricks. Always be yourself, explores the importance of individuality, authenticity, and self-confidence. The quote suggests that true success comes from developing your own unique style and staying genuine rather than simply copying others or relying on temporary tricks and techniques.
The U.S. Railroad Retirement Board successfully recycled over 3,200 pounds of electronic waste. This achievement was driven by federal programs like Computers for Learning and property management. Excess computers were donated to schools, boosting staff morale and program continuation. Other electronics were recycled by certified vendors, ensuring best practices were followed. The agency also returned reusable mobile devices for bill credits.
The Centre has set a paddy procurement target of 708.64 lakh tonne for the upcoming Kharif season. This target is lower than actual procurement levels seen in recent years. Improved rice specifications with tighter broken-grain norms will be implemented from this season. Coarse grain procurement estimates also show an increase for the 2026-27 season. The government continues its push for storage capacity and technology adoption in foodgrain management.
Quote of the day by Fyodor Dostoyevsky: Do not be afraid of mens sin, love a man even in his sin, urging us to look beyond a persons worst moments. The idea speaks to everyday relationships, where hurt, conflict and disappointment can make understanding another person difficult. The article explores compassion, forgiveness and perspective, while asking whether genuine love can survive human imperfection.
Microwaves bounce off the metal walls inside the oven, and when the reflected waves interact with incoming waves, they can create areas of stronger and weaker electromagnetic fields. These nodes and antinodes produce regions where food absorbs different amounts of microwave energy. This uneven distribution is also why many traditional microwave ovens use a rotating turntable to help heat food more evenly.
Pluto Retrograde has a message for 3 zodiac signs on September 2: Your effort wasn't wasted
Pluto Retrograde isn't necessarily about rewarding hard work; it is about revealing how that effort has changed you. For these three zodiac signs, the results of that transformation may finally become impossible to ignore.
Reliance looks to pull off a Campa with 10 ice cream; freezer battle holds the key
RCPL reaches over three million outlets through 5,000 distributors and has scaled gross revenue to roughly 22,000 crore, backed by Reliances planned 30,000-crore investment in food-manufacturing infrastructure
FADA appoints Sai Giridhar as its 38th President
The governing council also unanimously elected Bharat Kumar Chordia, MD of Chennai-based Khivraj Motors, as the Treasurer
Delhi Traffic Police announced upcoming restrictions and diversions for a BRICS Summit rehearsal. Key roads will be affected on September 2, impacting daily commutes significantly. Motorists should plan journeys and use alternate routes to avoid delays. Metro services will remain operational, while bus routes may face diversions. Travelers to airports and stations are advised to use the Metro and plan ahead.
Banks shifting microfinance strategy, prefer lending to entities over direct borrowers: Report
Banks are increasingly selecting microfinance institutions for loans instead of individual borrowers, leading to a reclassification of microfinance loans as part of retail portfolios. Despite this trend, non-banking financial companies focused on microfinance (NBFC-MFIs) received considerable debt support from banks recently. However, the overall microfinance sector saw a decline in its borrower base, with higher loan amounts being distributed to a lesser number of borrowers.
'Unable to reach': Lindsay Clancy jury cant agree! Judge forces more deliberation in verdict twist
Sun Pharma agrees to supply at MFN pricing to U.S. medicaid programmes
The U.S. is the companys largest market for innovative medicines and a cornerstone of its long-term growth strategy, generating approximately 27% of the companys global revenue.
TBCB projects lift Power Grids order pipeline to 1.75 lakh crore
While the Maharatna company reported a weaker than expected operating performance on a standalone basis in Q1 FY27, the robust pipeline offers revenue visibility, said an official.
'Ballroom is a gift': Supreme Court gives Trump green light on $400M White House 'secret bunker'
So stupid, dumb policies: Rep Jordan rips Democrats over sanctuary jurisdictions at House hearing
Most Americans oppose President Trump's recent tariffs on Canadian imports. A new poll shows significant disapproval for these trade actions. Americans also reject the renaming of Lake Ontario to Lake America. Voters are concerned about rising living costs impacting upcoming elections. President Trump's approval ratings have recently reached their lowest point.
Quote of the day by Jack Nicholson says, Its very easy to go down, so always live up. Incline yourself upward. The quote explains why negativity and bad habits can become easy choices. It also points to personal growth, positive actions and better decisions. Here is the meaning of the quote and the life lessons behind Nicholsons words.
MIT graduate Aman Sanger helped build Cursor from an AI idea into a $60 billion SpaceX acquisition. Heres how the deal came together.
Astronauts have described the smell as resembling spent gunpowder, ozone, burning metal and welding fumes. NASA even worked with fragrance chemist Steven Pearce to create a simulated version of the odor for astronaut training.
Amazon Now plans to expand quick-commerce footprint to 300 cities soon
Amazon's quick commerce business unit, Amazon Now, plans to expand its footprint to 300 cities nationwide soon, a top company official said on Tuesday. We are expanding very rapidly. We have a path to expand to about 300 cities very, very soon, Nishant Sardana, Director - Amazon Now, told PTI here. Amazon Now, launched in January, 2025, is currently operates in about 30 cities. Without specifying a timeframe for realising the plan to enter 300 cities, Sardana said the company is quadrupling its efforts to make it happen as fast as it can. Since its launch, Amazon Now has been doing very well, growing about 20-25 per cent month-on-month, he said. The quick commerce industry in the country is estimated to be about USD 20 billion a year, he said, without commenting on Amazon Now's share in it. Amazon Now has invested Rs 2,800 crores, largely on setting up infrastructure and partner safety and well-being, he said. Sardana noted that Amazon Now currently has 650 Micro-Fulfillme
LPG consumption declines 16% in August, petrol-diesel accelerate amid erratic monsoons
Consumption of petrol and diesel spurred about 7.9% and 6.5% respectively amid a lower-than-usual monsoon.
Ujjivan Small Finance Bank appointed Carol Furtado as interim chief executive officer. This appointment follows the sudden resignation of MD and CEO Sanjeev Nautiyal. Nautiyal stepped down from his position citing health grounds and requested early retirement. The Reserve Bank of India has approved Furtado's interim appointment for three months. The bank will now begin the process to find a permanent successor.
Brigade Group opens PVR INOX Cinemas at Whitefield township; stock slips 2.2%
The multiplex spans roughly 42,000 sq. ft. across two floors and houses six auditoriums with a combined seating capacity of 949
Share of new petrol vehicles falls below 50% as buyers move towards other powertrains
Market analysts say Maruti and Tatas broad factory-fitted CNG portfolios and improvements in packaging put them in a stronger position to capture the shift
Market Trading Guide: Acme Solar, BEML among 4 stock recommendations for Wednesday
Indian markets stayed volatile but held above 24,000 as crude prices and geopolitical tensions weighed on sentiment. Analysts recommended KSB, City Union Bank, Acme Solar and BEML, citing bullish technical patterns, breakouts, improving momentum and key support levels.
We are open to using homegrown AI models: Mahesh Ramamoorthy, Chief Information Officer at YES Bank
Ramamoorthy outlined how localised AI solutions could enhance operational efficiency and mitigate tech debt
India electric PV sales jump 51% in August; Tata leads, Mahindra gains as MG slips
Electric-PV registrations reached 211,575 units during January-August 2026, up 79.7% from 117,756 in the corresponding period of 2025. Overall passenger-vehicle registrations grew 21.2% over the same period, meaning electric PVs expanded at nearly four times the pace of the broader market. Passenger-EV penetration rose to 7.6% in August from 5.8% a year earlier, despite easing from 8.1% in July as registrations fell 12% sequentially. Tata withstood the August slowdown better than its closest rivals, even as the longer-term numbers point to a much stronger structural expansion.
NMDC posts higher iron ore output, sales in August
AI, Physical AI to reshape Indias ER&D opportunity: NASSCOM
Physical AI is emerging as an important next frontier for ER&D and is expected open new opportunity across autonomous systems, robotics, intelligent products and industrial environments
GIC Re flags GIFT City competition amid changing reinsurance market
In his maiden annual report address as GIC Res chairman and managing director, Hitesh Joshi outlines a cautiously optimistic outlook for Indias insurance market and the companys growth ambitions ahead.
Merger with ITC Infotech to help in big deals: Happiest Minds CEO
Combined entity will bring together digital engineering, cybersecurity and AI capabilities with strengths in SAP, enterprise applications and Industry 4.0 offerings
StarManch Introduces a First-of-Its-Kind In-Car Karaoke Experience
Kolkata (West Bengal) [India], September 1: StarManch, an Indian homegrown karaoke and social music platform, has entered the connected-mobility space through its integration with the newly launched MG Hector Tomahawk. The development takes StarManch beyond smartphones and introduces a first-of-its-kind interactive karaoke experience within the vehicle's entertainment ecosystem.
Ujjivan SFB MD & CEO exit, Kotak succession race gains momentum amid banking sector leadership churn
Strong internal candidates are mostly going to be considered for these roles
Nalco gears up for next growth phase, steps up 30,000 crore expansion
State-run aluminium producer pushes ahead with new smelter, captive power plant and mining projects as its Damanjodi refinery expansion enters commissioning phase
Shiv Nandan Sharma: The Low-Profile Insolvency Professional in the Subhash Chandra Case
Sharma belongs to the first generation of professionals created under Indias new insolvency regime
Zetwerk pushes deeper into product design as ODM share nearly doubles
Design-led contracts accounted for 13.93% of manufacturing GMV in FY26, up from 7.65% three years earlier, as Zetwerk moves into engineering and co-creation
Fusion CX establishes presence in Australia through acquisition of VA Platinum
VA Platinum provides dedicated, full-time offshore professionals across finance and accounting, mortgage broking, financial planning, lending, bookkeeping, legal and conveyancing, real estate and other specialised business support functions, Fusion CX said in a release
Indias data-centre boom may add just $9bn to GDP by 2030
Moodys says data centres would have an even smaller impact on employment, projecting a meagre 0.02% increase in jobs in India over the next four years.
Vodafone Idea onboards Shah Rukh Khan as brand ambassador, unveils new logo
No 3 carrier changes logo, launches brand campaign with SRK teaser
Ashok Sootas Happiest Minds stake sale to ITC Infotech not driven by AI fears
The clarification from Happiest Minds comes at a time when artificial intelligence has cast a shadow over the future of the countrys $300 billion IT sector, as clients look to shrink their outsourcing costs by deploying AI agents.
Shriram Finance eyes lending to Japanese supplier ecosystem after MUFG investment
Executive V-C Umesh Revankar expects gold loans, new vehicle financing to drive the NBFCs next growth phase
Mahindra & Mahindra Aug auto sales jump 42% to 1.07 lakh units
Total sales include domestic sales of 1,01,594 units (up 40% YoY) and exports of 6,054 units (up 71% YoY).
Rays of Belief IPO fully subscribed on day 1
The IPO received bids for 36,99,168 shares against 31,37,810 shares on offer, as per the data
The project will offer 1.2 million sq. ft of warehousing space and generate around 2,500 employment opportunities
HDFC Bank CEO Sashidhar Jagdishan's refusal for an overhaul fuelled his exit
Rather than push out the bankers he supported, HDFC Bank CEO Sashidhar Jagdishan chose to step aside when his terms ends on 26 October this year.
RPS Group clears 236 crore outstanding debt to banks, other financial institutions
The debt repayment includes the complete clearance of all institutional and bank borrowings, including those from L&T Finance and Phoenix
HMSI posts 8% sales growth in August at 5.79 lakh units
Exports stood at 61,000 units in August 2026, up 15% compared to 53,000 units exported a year ago
Mahindra & Mahindra tractors sales grow 5% to 29,507 units in August
Domestic tractor sales rose 5% to 27,595 units while exports remained flat at 1912 units.
Sudarshan Chemical divests its stake in VP4 Frankfurt to Celanese Corporation, USA
Sudarshan Chemical Industries announced the sale of its step-down subsidiary VP4 Frankfurt GmbH (VP4 Frankfurt) to Celanese Corporation, USA, further sharpening the company's focus on its core pigments business.
ABB extends engagement with Wipro to deliver and enhance global digital workplace services
This engagement will enhance employee experience through advanced automation, AI-powered service capabilities, and workplace modernization initiatives
Ujjivan Small Finance Bank CEO Sanjeev Nautiyal has resigned due to health reasons, effective immediately. He will retire formally on 30 November. Carol Furtado is appointed interim CEO. The bank said Nautiyals tenure had helped strengthen several areas of its operations.
IZMO arm develops innovative 40 GHz RF package for semiconductor devices
IZMO announced that its semiconductor subsidiary, izmo Microsystems, has developed an innovative high frequency RF Quad Flat No-Lead (QFN) package for semiconductor devices operating at frequencies of up to 40 GHz.
Digital lending platform Fibe to raise 750 cr
Fibe plans to further integrate AI across customer engagement, risk assessment, credit decisioning, portfolio management and employee productivity
Priority Jewels IPO subscribed 100.45 times
The offer received bids for 32.16 crore shares as against 32.02 lakh shares on offer.
INR near two-month high; muted equities, higher oil prices cap gains
The Indian rupee gained 28 paise to close at nearly two-month high of 94.94 (provisional) against the US dollar on Tuesday on robust domestic growth. Moreover, the MSCI index rebalancing refers to the August quarterly review adjustments, which triggered over $1.5 billion in passive foreign inflows into Indian equities on August 31, 2026, providing a significant boost to the Indian rupee (INR). However, Indias BSE Sensex closed virtually unchanged at 76,944 on Tuesday, as traders weighed ongoing foreign fund outflows, geopolitical and global inflation concerns against robust domestic economic data. Oil prices continued to advance amid renewed fighting between the US and Iran, raising concerns over inflation and interest rates, capping gains in the INR.
Current account deficit stands at 0.5% of GDP in Q1FY27
Reserve Bank of India (RBI) stated India's current account deficit stood at US$ 4.2 billion (0.5 per cent of GDP) in Q1:2026-27 as compared to US$ 3.4 billion (0.4 per cent of GDP) in Q1:2025-26. Merchandise trade deficit at US$ 86.1 billion in Q1:2026-27 was higher than US$ 68.9 billion in Q1:2025-26. Net services receipts increased to US$ 51.6 billion in Q1:2026-27 from US$ 47.9 billion a year ago.
Hyundai Motor sells 65,796 units in Aug'26
Domestic sales jump 23.6% to 54,396 units
Through its membrane technology division, ADIMEM Technologies
Moneyboxx Finance partners with Trusave Fintech
To launch a digital lending platform for small ticket biz loans segment
United Breweries commissions new canning line at its Ellora Brewery
With capacity of 40,000 cans per hour
Tata Elxsi signs MoU with Sarla Aviation
For development of Shunya, India's First Indigenous eVTOL Aircraft
Mint Explainer | How local is Indias defence infrastructure, really?
With a focus on reducing geopolitical risks, Indias latest defence initiative seeks to localize the production of critical equipment, underscored by a new partnership to manufacture Javelin missiles.
Tata Elxsi, Sarla Aviation sign MoU to build Indias first indigenous eVTOL aircraft
The collaboration may also extend to sensor fusion-based navigation software, structural design and airworthiness test support
