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Norse proverb of the day: A Norse saying teaches that our actions have lasting consequences. Mistreating others can damage trust and relationships significantly. Integrity and consistent good behavior build a strong reputation over time. Accountability for our choices is an essential part of life. Treating people with respect ensures future well-being and prevents regret.
Ancient Egyptian proverb of the day explains why balance between work and enjoyment matters in life. The saying from The Maxims of Ptahhotep teaches that spending every day working or worrying can remove happiness, while spending every day on fun can prevent responsibility, financial stability and a secure future.
World War II fluxgate magnetometer: A World War II device found new scientific purpose after the war. Oceanographers refitted the fluxgate magnetometer for seafloor magnetic anomaly measurements. These measurements revealed symmetrical patterns on either side of mid-ocean ridges. The magic profile provided strong evidence for seafloor spreading and plate tectonics.
Rajya Sabha Passes Bill to Raise Supreme Court Judges' Strength to 38
The Rajya Sabha approved a bill to increase Supreme Court judges. This bill will replace the ordinance which previously raised the judge count. The passed bill was returned to Lok Sabha after its approval. Union minister Arjun Ram Meghwal stated the bill improves judicial efficiency. The house adjourned for Thursday after the bill's passage.
Highs and lows: On GST metrics
GST must be fuelled by domestic production, not inflation or imports
No decision yet on merchant discount rate on UPI deals
Central bank governor Sanjay Malhotra stated it is premature to discuss UPI transaction charges. Discussions are ongoing regarding the payment mechanism's future and costs. The government is reportedly amending laws to allow merchant discount rates on select UPI transactions. This move follows Finance Minister Nirmala Sitharaman's introduction of a new bill. The central bank's current focus remains on strengthening UPI adoption across India.
SECI seeks CO suppliers for green urea, methanol projects
India's Solar Energy Corporation is seeking carbon dioxide suppliers for green urea and methanol. This initiative aims to identify potential sources for upcoming green chemical projects. Green methanol and urea production requires carbon dioxide and green hydrogen. Securing reliable carbon dioxide supplies is critical for domestic production and exports. The move supports India's green hydrogen ecosystem and decarbonization goals.
Liquidity to peak in Sept, but big surplus won't last long: RBI
The Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher currency in circulation and maturing forward positions. Banking system liquidity is expected to peak in September due to FCNR(B) deposit inflows. Economists anticipate a surplus of around 4-5 lakh crore in the banking system. The central bank will then begin withdrawing excess liquidity through durable absorption measures.
New framework to standardise interest rate rules on the anvil, says RBI
The Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new principle-based framework aims to increase transparency and ensure uniformity across lending. The proposed changes are unlikely to affect EMIs or bring NBFCs into the external benchmark regime. Governor Sanjay Malhotra stated this move will improve consumer protection and rationalise existing norms.
Govt mandates exporter registration for FDI-backed ecommerce inventory exports
Foreign-invested ecommerce firms must register as exporter-on-record for export inventory. These companies can only procure and stock goods against confirmed export orders. Speculative stockpiling for future outbound shipping will not be allowed by the government. Indian sellers can access overseas markets by delegating export tasks to the exporter-on-record. This framework aims to boost India's export capabilities and ensure timely payments.
Quote of the Day by Tommy Lee Jones: Tommy Lee Jones quote, In the political world, the only position I have is voter. I'm not a spokesman for anything explores the importance of personal independence, individual responsibility, and the freedom to maintain ones own opinions. The quote suggests that people can participate in political life and make meaningful choices without being defined as representatives of a specific cause, group, or ideology. It highlights the value of thoughtful citizenship, personal judgment, and the right to have an independent voice in society.
Cop killing: J&K Police announces 15 lakh reward for info on LeT terrorist
J&K Police has announced a significant reward for information leading to the arrest of a terrorist. Mohammad Lateef Bhat is wanted for the killing of a policeman in Anantnag last month. Posters seeking reliable information about the suspect have been displayed across Kashmir. The police released photographs and CCTV footage of the 22-year-old accused. Bhat is a resident of Kulgam and allegedly shot the head constable on July 22.
No case for early closure or extension of swap window: RBI
The Reserve Bank of India will not close the swap window early. Robust foreign currency inflows have strengthened India's balance of payments position. The central bank has not received any proposals for extending the deadline. This facility allows banks to swap overseas borrowings at concessional rates. The swap window has already attracted significant dollar inflows by July.
'Fraudsters belong in jail': Miller calls out lack of punishment over Minnesota Somali fraud case
UN rights chief alarmed by surge in executions in Iran
Alarmed by the situation in Iran, UN rights chief Volker Turk highlighted the alarming execution rates, with over fifty-six individuals condemned on security charges since March. Most of these cases appear tied to recent civil unrest. Furthermore, drug offenses exacerbate the death penalty issue, while doubts linger about the integrity of trials and reports of torture in securing confessions.
HC seeks govt reply on auto TDS refund plea
The Delhi High Court has asked the government for its response on a plea. This plea seeks automatic tax deducted at source refunds for individuals not owing income tax. Currently, these individuals must file an income tax return to claim their refunds. The court is considering directing immediate processing of unclaimed TDS refunds up to 5,000. A permanent automatic TDS refund mechanism for future years is also being sought.
Regulators weigh bringing insurance surety bonds under RBI's CRILC
Financial regulators are exploring adding insurance surety bond exposures to a central credit database. This move aims to provide banks and rating agencies a clearer view of corporate leverage. Currently, these contingent liabilities often escape regulatory reporting requirements. Many government departments now accept these bonds instead of traditional bank guarantees. Expanding the database will strengthen credit appraisal processes for lenders.
HDFC Bank assured shareholders about its strong governance credentials. No US lawsuits have been filed against the bank following investigations. The bank's leadership stated they are well-positioned to defend any potential legal action. HDFC Bank is fundamentally strong with a pristine balance sheet. The integration with HDFC Limited is unlocking meaningful synergies for future growth.
Today's Japanese Proverb of the Day brings a timeless lesson on anger, patience, emotional intelligence, and inner peace. The Japanese proverb, Fire is not extinguished by more fire, but by water. Anger, too, is never calmed by more anger, reminds us that calm responses solve conflicts better than angry reactions. Here is its deeper meaning, life lessons, and practical wisdom for stronger relationships and a more peaceful life.
US companies add just 44,000 jobs in July as hiring slows
American businesses added fewer jobs in July than experts had predicted, with private payrolls up by just 44,000 the weakest increase this year. Conversely, job switchers enjoyed the steepest wage hikes in almost a year, reflecting a resilient labor market driven by substantial demand. This moderation gives Federal Reserve officials the leeway to concentrate on inflation worries.
Delhi HC seeks response on Natco's patent challenge plea
The Delhi High Court is reviewing Natco Pharma's challenge to a breast cancer drug patent. Natco alleges Novartis and Astex secured two patents for the same invention. This action, Natco claims, unlawfully extends patent protection for the Ribociclib molecule. The court will first determine the petition's maintainability after legal arguments. The case has been scheduled for further hearing on September 16.
Aristotle's Quote of the day reminds us that excellence is not something people are born with but something they build through consistent actions and good habits. Inspired by the philosopher's teachings in Nicomachean Ethics, the quote highlights the importance of practice, discipline and making the right choices over time. Here is the meaning behind the quote, Aristotle's life, his major works and the lasting impact of his ideas on philosophy, ethics and science.
Fertiliser production, imports dip
India's fertilizer production and imports have fallen sharply in the June quarter. This decline is due to inflated raw material prices caused by the West Asia conflict. Production of complex fertilizers dropped twenty-eight percent, and imports slipped forty-eight point five percent. Ammonia and sulphur prices have nearly doubled, making manufacturing and imports less viable. This situation raises concerns over nutrient availability for the ongoing crop sowing season.
NITI Aayog calls for national caregiving framework, social security for caregivers
NITI Aayog suggests a dedicated policy framework for India's growing ageing population. It calls for regulating the caregiving ecosystem and setting essential caregiving standards. The report proposes financial incentives and entrepreneurship opportunities for caregivers to boost scalability. It also recommends introducing care leave for employees supporting dependent parents. Establishing a National Caregiving Council will provide institutional leadership and coordination.
Do not judge your neighbor until you walk two moons in his moccasins is a powerful American proverb about empathy, patience and understanding. Explore the deeper life lessons from American proverb wisdom and discover why we should think twice before judging someone whose struggles, experiences and journey we may not fully understand.
Quote of the day by Dr. Seuss teaches us when a meaningful chapter closes, sadness may naturally come first. But with time, gratitude can join it. Instead of asking only why something had to end, we can also ask what made it worth having in the first place. That shiftfrom loss toward appreciationdoes not change the past. It changes how we carry it. And sometimes, that is enough to turn an ending from something we only mourn into something we can genuinely smile about.
L-G calls for action plan to promote Delhis heritage, creative economy
HC forms SIT to probe ghee supply to Sabarimala
The Kerala High Court has formed a six-member SIT to investigate Milma ghee procurement irregularities. This special team will probe alleged irregularities in the supply of Milma ghee to the Sabarimala temple. The SIT will be headed by Superintendent of Police MJ Sojan, who is already investigating another case. This officer is investigating the alleged criminal misappropriation of Adiya Sishtam Ghee proceeds.
Bhartiya Hospitality, EIH partner to build 20 uber-luxury resorts
Bhartiya Hospitality and Oberoi Group will partner for twenty luxury resorts. These resorts will be developed across India and international locations. Initial locations include Coorg, Kabini, and Hampi for these new properties. The companies announced that these resorts are scheduled to open by 2030. Oberoi Group will manage resorts encouraging longer guest stays.
Airtel plans data centre, fibre push as it targets next growth phase
In a bold move, Bharti Airtel is set to increase its data centre capacity to one gigawatt while also expanding its fibre network across key Indian cities. The company envisions financial services as a primary growth engine, utilizing established digital platforms to their full potential. Additionally, it is focusing on integrating artificial intelligence to boost operational efficiency.
FY27 will be Vis year of execution, says Kumar Mangalam Birla
In an exciting turn for Vodafone Idea, chairman Kumar Mangalam Birla has announced a critical new execution phase for the company. This development follows the settlement of long-existing financial challenges and a rise in subscriber numbers. The telecom giant is now gearing up to ramp up network investments and enhance its market competitiveness.
Trai proposes 5G network slicing rules to protect service quality
Trai has unveiled a set of new quality of service guidelines for 5G network slicing aimed at safeguarding subscribers from service deterioration. Telecom operators are now permitted to implement distinct pricing for 4G and 5G offerings. Every network slice will be considered an independent tariff category, with a mandate for operators to reveal the measured speeds associated with each network slice.
Air India names Ethiopian Airlines veteran Tewolde Gebremariam as CEO
In a strategic move, Air India has welcomed Tewolde Gebremariam as its new chief executive officer. Gebremariam, who achieved remarkable success with Ethiopian Airlines, is stepping into a role that comes with hefty expectations amidst Tata Group's efforts to revive the airline. Following substantial losses since the 2022 acquisition, Gebremariam's proven expertise is anticipated to play a pivotal role in shaping Air India's recovery and growth trajectory.
Clean social image makes stars the new heroes of the ad world
Advertisers have shifted their focus, now putting greater emphasis on a celebrity's social media impact rather than their filmography for endorsement deals. Shah Rukh Khan exemplifies this trend, maintaining a strong brand presence without any recent cinematic releases. Digital endorsement agreements constitute a noteworthy part of total deals, with brands prioritizing favorable online opinions and innovative content creation as evaluation criteria.
AlcoBev makers challenge FSSAI directive over flavoring, labelling norms in High Courts
In a significant move, United Spirits and Associated Alcohol & Breweries are contesting a directive from the food regulator regarding flavor regulations. They've launched court cases aimed at questioning the FSSAIs stance on allowing flavors that mimic natural profiles. This legal action highlights a broader industry dialogue with the food regulator, focusing on the clarity and application of flavoring rules within the beverage sector.
Berger Q1 net profit jumps 29% as decorative paints drive growth
In the June quarter, Berger Paints India experienced a remarkable increase in profits, with its decorative paints segment marking its best growth in twelve quarters. Additionally, the automotive sector demonstrated strong demand. The company achieved high single-digit volume growth, with a value growth of 12.7 percent, driven largely by recent price adjustments.
Tamil Nadu unveils roadmap to build $1.5-trillion economy by 2031
Tamil Nadu's finance minister presented the 2026-27 budget, aiming for a $1.5 trillion economy by 2031. A new industrial policy will foster innovation and technology-driven growth across emerging sectors. The government allocated significant funds for industries and introduced AI-powered investment platforms. New industrial parks will be established in backward districts, and Thoothukudi will become a space zone. The budget also detailed plans for India's first AI and Innovation city, 'Arivagam'.
Kingfisher maker United Breweries cuts West Asia crisis impact estimate to 350-400 crore
United Breweries is now projecting that the ongoing West Asia crisis will have a reduced effect on its earnings. Strong price adjustments in twenty-two states have significantly mitigated the challenges posed by increasing input and supply-chain costs. Despite successfully executing most of its recovery strategies, the volatility stemming from the West Asia situation remains pronounced, making it too soon to claim that the peak of cost pressures has been reached.
Calcutta HC denies Abhishek Banerjee permission to travel abroad for eye treatment
The Calcutta High Court denied Abhishek Banerjee permission to travel abroad. He had sought permission for necessary eye treatment abroad. The court previously advised consulting state-run hospital doctors for a decision. Banerjee had approached the Supreme Court, which referred the matter back to the High Court. The state raised objections to his travel due to ongoing cases.
InterGlobe Hotels gets CCI nod for merger with multiple hospitality firms
In a landmark decision, the Competition Commission of India has approved a notable merger involving InterGlobe Hotels, which will see multiple hotel entities join forces. This joint venture, partnering the parent company of IndiGo with a prominent French hospitality giant, will include an array of hotel management and development companies, solidifying the alliance between the Bhatia and Accor groups.
Novelis targets debt reduction as it aims to bring leverage below 4x
By fiscal year-end, Novelis expects its net leverage ratio to fall beneath four times, as they wind down their peak capital expenditure efforts. As of the June quarter, the adjusted net debt to adjusted EBITDA ratio was recorded at 4.5 times. Moreover, operations have resumed at the Oswego hot mill, with ongoing insurance recoveries. Novelis is optimistic about generating positive free cash flow before the year concludes.
'You're unwilling to answer': Sen. Blumenthal presses Trump judicial nominee over 2020 election
A 2,000-year-old Chinese tomb linked to Liu He, the emperor who ruled for just 27 days, has revealed more than 2 million ancient bronze coins, around 115 to 120 kilograms of gold and thousands of other artifacts, offering a remarkable glimpse into the wealth and culture of the Western Han Dynasty.
A Record-Breaking Beast: How night hunters hauled a massive alligator from Mississippi waters
A Mississippi crew captured the state's largest alligator, weighing 802.5 pounds. This prehistoric reptile measured an impressive 14 feet and 3 inches in length. The intense battle with the giant creature lasted for seven hours through the night. Mississippi's river basin provides ideal conditions for these large reptiles to thrive. Conservation efforts have helped maintain balanced populations and protect wetland ecosystems.
Better course is to counsel protesting youngsters: SC
The Supreme Court suggested listening to protesting youngsters and counseling them. This approach is seen as a better course than allowing escalation into violence. The court made these observations during a hearing on a plea by retired Air Force officers. The plea sought action against protest organizers for alleged incitement during demonstrations. The bench emphasized facilitating peaceful protests while ensuring situations do not spiral out of control.
A LinkedIn post by Delhi-based founder Rohan Dhawan has gone viral after he shared an unusual conversation with a businessman worth nearly 500 crore who admitted that the Rolex on his wrist was a 10,000 first copy. The businessman's reasoning has triggered a lively debate on social media, with users discussing whether luxury is about craftsmanship, personal satisfaction, status or simply perception.
Giant iceberg threatens penguins: A grounded iceberg near Coulman Island caused a 69% drop in emperor penguin chick survival. The iceberg blocked the adults' usual route to the ocean for foraging. This extended journey delayed food deliveries to their hungry chicks. Researchers observed many adult penguins gathering on the iceberg's gentle slope.
Brazil hits new diplomatic lows with US and Argentina
Brazil faces diplomatic friction with the United States and Argentina ahead of its elections. President Lula criticized the US visa revocation for Brazil's ambassador as irresponsible. Argentina's President Milei's insults led Brazil to recall its ambassador and downgrade ties. Brazil demands respect and rejects foreign interference in its electoral process. The nation also denied visas to US officials, citing election integrity concerns.
'Can I sue Meta if they delete my COVID vaccine comment?': Sen Kennedy puts nominee on the spot
'The President can fire...': Todd Blanche ducks Pirro question, points to Trump's firing authority
Today's Quote of the Day by Angela Merkel: Angela Merkels quote on freedom defines true liberty not merely as the absence of external political oppression, but as an active, personal commitment to lifelong learning and self-transcendence. Drawing from her youth in East Germany and her sixteen-year tenure as German Chancellor, Merkel illustrates that individual freedom requires us to continually test our limits and refuse intellectual stagnation, even after stepping down from power.
Quote of the Day by Reese Witherspoon: Reese Witherspoons quote, Many people worry so much about managing their careers, but rarely spend half that much energy managing their LIVES. I want to make my life, not just my job, the best it can be. The rest will work itself out, explores the importance of life balance, personal fulfillment, and prioritizing happiness beyond professional success. The quote suggests that a meaningful life should not be defined only by career achievements but should also include personal growth, relationships, well-being, and experiences that bring genuine joy and purpose.
Gadkari honours Silkyara tunnel rat miners with Sarvottam Jeevan Raksha Padak
Union minister Nitin Gadkari conferred the Sarvottam Jeevan Raksha Padak on 12 rat miners who played a crucial role in rescuing 41 workers trapped for 17 days inside Uttarakhand's collapsed Silkyara tunnel in November 2023, recognising their extraordinary courage and lifesaving efforts.
FBI secretly probed Trump as 'Russian Asset' after he fired Comey in 2017; new FBI memos reveal
SC says media free to report court proceedings despite clip curbs
The Supreme Court clarified that its recent interim order restricting the sharing and uploading of audio and video clips of court hearings does not prohibit news organisations from reporting judicial proceedings. The court said the restriction is limited to the use of audio and video recordings of hearings in news reports, while routine reportage of court proceedings remains unaffected.
The Directorate General of Civil Aviation is investigating severe turbulence on an Air India flight. The aircraft experienced a sudden loss of altitude during its journey from Phuket. Medical teams attended to injured passengers and crew immediately upon arrival in Delhi. Several individuals were admitted to hospitals for further medical evaluation and treatment. The DGCA has secured all crucial evidence for a thorough investigation into the incident.
REITs are often mistaken for fixed-income products due to their regular payouts, but they carry equity-like risks. Their returns depend on rental income, occupancy and property cycles, making them a diversification tool rather than a substitute for debt investments.
Showerheads often suffer from reduced water flow due to mineral deposits forming in their tiny holes. To combat this issue, citric acid is a natural and effective solution that breaks down calcium buildup without chemical harshness. Simply soak the showerhead in a citric acid solution for a thorough cleanse. Furthermore, regular maintenance and drying will help avert future limescale problems, allowing for improved water pressure and durability for your showerhead.
Pakistan beats West Indies to end 8-match overseas losing streak in test matches
Pakistan secured an eight-wicket victory against the West Indies in the second test match. This win ended their eight-match losing streak in away test matches. Abdullah Shafique and Babar Azam guided Pakistan to the target with unbeaten scores. Pakistan spinners Sajid Khan and Ali Usman took eight wickets combined. The series was drawn 1-1 after Pakistan's dominant performance.
'You will not be on the run for long': Kash Patel announces 3 new FBI most wanted suspects in scam
Melania Trump earned $10.71 million from the Amazon MGM documentary about her, despite the film bringing in just $16 million at the box office against its reported $75 million production and promotional cost. The financial disclosure also reveals her earnings from her memoir and NFTs, while Amazon founder Jeff Bezos has denied claims that the documentary was linked to buying influence with the Trump administration.
'Communists are new face of Democrats!': Trumps sharp jab at Dems after El-Sayed's Michigan victory
Air India Express to connect six new destinations
Air India Express will begin flights to six new Indian cities starting September 1, 2026. These new destinations will connect to major metro hubs across the country. The airline's network will expand to include 48 domestic and 16 international stations. Currently, Air India Express operates over 500 daily flights with its fleet. This expansion aims to improve access to key business and tourism centers.
Danish Proverb of the Day highlights the meaning of No one gets into trouble without his own help. The saying reflects the importance of personal responsibility, self-awareness, and the role of individual choices in shaping life experiences. It suggests that many difficulties are influenced by our own decisions, actions, or lack of awareness, reminding us to examine our behavior and learn from our mistakes. The proverb encourages people to take ownership of their choices, recognize their ability to create change, and develop greater wisdom through self-reflection and personal growth.
India's Test transition hurt by exit of seniors: Ajinkya Rahane
Ajinkya Rahane believes Test cricket needs more senior players on the team. He stated that the departure of multiple senior players has impacted India's performance. India has experienced recent series losses after key players retired from international cricket. The team is now transitioning with new players and a younger core. This transition presents challenges for India's World Test Championship aspirations.
Vodafone Idea needs tariff hikes to sustain network investments: Kumar Mangalam Birla
Vodafone Idea's chairman emphasized the necessity of tariff adjustments for network investments. The company seeks Rs 45,000 crore funding for its capital expenditure plan. India's average revenue per user remains significantly low globally. The telecom sector's consolidation has improved its investment outlook. Sustained investment is crucial for India's digital transformation goals.
Today's Quote of the Day by Alexander the Great: Alexander the Greats famous quote highlights that the most relentless conflict in human history is not fought on external battlefields, but within the human psyche against fear. By actively confronting and defeating internal anxieties, individuals unlock genuine personal freedom, whereas submitting to fear leads to psychological captivity and suffering.
George Washington's words highlight internal happiness over external achievements. True contentment stems from one's own mind and perspective, not possessions. This timeless message remains relevant in today's comparison-driven world. Cultivating gratitude and inner peace fosters resilience during life's challenges. Ultimately, happiness originates within, a profound lesson from the first President.
Urad eases on improved crop prospects, weak demand
As per the Agriculture Ministry data, the All India average wholesale mandi prices of urad have eased to Rs 8,638 per quintal as of August 3
DGCA summons Air India management after Phuket-Delhi altitude loss incident
Investigators are analysing flight data, cockpit recordings and witness accounts to determine the cause of the mid-air altitude loss incident
A Reddit user revealed how he was feeling anxious even after he heard the best news possible for an employee: He had received a 100% hike. He explained why he was tense despite being blessed with such good news.
India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
Business activity rose at the weakest rate in 53 months
He got into an IIM. Studying there left him disillusioned: Thinking of leaving
A Reddit user revealed a different story of an IIM student one marked by struggle and anxiety. He revealed that he hailed from an arts background and was struggling with the quantitative portion of the syllabus.
The OFS allows the government to boost its financial resources while enhancing public ownership in the nations largest life insurer.
A Japanese chef has taken the culinary world by storm, not for his ability to prepare sushi to perfection, but for his talent for cooking a desi favourite biryani! As per reports, the chef fell in love with Indias comfort food more than a decade ago and today, runs a small successful eatery in Tokyo that just serves biryani.
In 1941, a Black American scientist and industrialist and business magnate built a car with never-seen-before plastic made from soybean and other crops through the collaboration of George Washington Carver and Henry Ford. The Soybean Car used plant-based materials instead of a full steel body. The project aimed to reduce vehicle weight, improve fuel use, and connect farming with manufacturing. World War II stopped further development before the concept reached production.
Why were commercial flights still operating during Trump's Marine One takeoff? FAA investigates
The FAA is investigating commercial flights near Reagan National Airport. This occurred as President Trump's Marine One helicopter departed from the White House. Officials stressed there was no immediate danger of a collision. The investigation focuses on adherence to safety procedures after a 2025 air disaster. This review will determine if future presidential flight protocols need adjustments.
Centre simplifies container train licensing with single all-India permit
Indian Railways introduces uniform 25 crore registration fee, removes renewal charges to boost private freight operations
William Lawrence secured the Democratic nomination for Michigan's seventh congressional district. He defeated two moderate rivals in a closely watched primary contest. Lawrence will now challenge Republican Representative Tom Barrett in November. This race is expected to draw significant national attention and resources. The outcome could influence control of the US House of Representatives.
UPI users may remain unaffected even if Merchant Discount Rate is introduced, according to Bernstein. The brokerage expects large merchants to bear a 30-40 bps fee, while small merchants and low-value transactions may remain exempt. RBI Governor Sanjay Malhotra says it is too early to comment.
Banks welcome RBI's steady rates, see boost to credit growth
The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered inflation projections. Bankers welcomed the policy stability and proposed regulatory measures for transparency. The central bank's decision reflects confidence in the domestic economy's resilience. This move supports credit flow to productive sectors and financial inclusion.
Quote of the Day by Harrison Ford: Harrison Fords quote, My work has always been important to me. The reason I continue to do it is because its so much fun for me. I love my work and so thats what keeps me in the game, explores the importance of passion, purpose, and finding joy in ones work. The quote suggests that genuine success and long-term motivation come from loving what you do, allowing enthusiasm and personal fulfillment to inspire perseverance, dedication, and continuous growth throughout life and career.
Washington wildfire arson suspect makes first court appearance; blaze reduces entire area to ashes
Manipur | 'Wanted gold, but...': CWG silver medalist Jadumani vows stronger comeback at Asian Games
US crude inventories rise as refinery runs ease and imports climb, EIA says
United States crude oil stocks increased by 2.5 million barrels last week. Refinery processing eased slightly, and crude imports saw a modest rise. Gasoline inventories fell by 1.6 million barrels, while distillates decreased significantly. Cushing, Oklahoma, oil inventories also rose above operational requirements. This data led to a decline in U.S. crude futures prices.
Today's Irish Proverb of the Day: Irish proverb, Praise youth and it will flourish; fight wisdom and you will break, offers a profound warning against the destructive nature of prideful conflict. This ancient Irish proverb reminds us why encouraging young minds and respecting life experience lead to better decisions, stronger character, and lifelong learning. Discover the deeper meaning and practical life lessons behind this inspiring Irish wisdom.
'That's why God made votes': Sen. John Kennedy erupts on Senate floor over SAVE Act delay
Ethiopian national Tewolde Gebremariam to be second foreign CEO for Air India
Air India has announced the appointment of Tewolde Gebremariam as its new Chief Executive Officer. With a wealth of expertise from Ethiopian Airlines Group and various advisory roles, Gebremariam is set to guide Air India through a critical phase of growth and profitability, leveraging the transformative five-year strategy called Vihaan.AI, aimed at securing ongoing success and market dominance.
Scientists uncover a hidden force shaping the Sun in breathtaking new images
New images from the Daniel K. Inouye Solar Telescope reveal swirling plasma patterns. Scientists have observed Kelvin-Helmholtz instability on a star's surface for the first time. This phenomenon helps explain energy buildup before powerful solar eruptions occur. Understanding these events can improve space weather forecasting for Earth's technology. The discovery offers new insights into solar physics and processes on other stars.
