30 C 
NCLT rejects Authum's plan for Vas Infra over CIRP issue
The NCLT rejected Authum Investment's plan for Vas Infrastructure due to irregularities. The tribunal found misrepresentation of assets and misleading disclosures by the resolution professional. This significantly distorted the company's valuation and compromised the insolvency process fairness. The resolution professional's explanation for the error was rejected by the tribunal. The court's strict action emphasizes judicial review of commercial wisdom in insolvency cases.
Robert Metcalfe and Dave Boggs developed Ethernet at Xerox PARC in 1973. This technology solved the growing problem of sharing data between computers quickly. Ethernet became the world's most widely used local area network standard. Metcalfe later co-founded 3Com Corporation to manufacture networking equipment.
ET Family Business Awards: Serum Institute, Mankind, Varun Beverages among winners in the limelight
Several Indian family businesses received awards for their significant contributions. Serum Institute of India was honored for philanthropic leadership and saving millions of lives. Mankind Pharma was recognized as a Make in India champion for its growth. Allcargo Logistics won for excellence in digital transformation across its global operations. Inox Air Products and Balkrishna Tyres were also celebrated for their achievements.
Oh gosh, I can't think: Bidens secret audio tapes reveal memory lapse; classified info leak
Vedanta bets on Hind Zinc for next phase of growth
Vedanta expects substantial growth in the next five to six years. Hindustan Zinc's expansion and critical mineral acquisitions will drive this growth. The company plans significant capital expenditure for capacity expansion this fiscal. Vedanta reported a strong profit jump of 152% in the June quarter. Revenue and EBITDA also saw considerable year-on-year increases.
DoT, Madhya Pradesh sign MoU for telecom manufacturing zone in Gwalior
The Department of Telecommunications and Madhya Pradesh government signed an agreement for a new manufacturing zone. This Gwalior facility will attract over 3,500 crore in initial investments from fourteen manufacturers. The government expects 10,000-12,000 crore more investment in the project's first phase. The zone offers substantial incentives including land and capital subsidies for businesses.
Successful family businesses continuously adapt their business models over time. Managing investors, promoters, employees, and clients is critically important for success. Companies finding a balance among these four stakeholders achieve significant progress. Legacy, culture, and hustle create a positive multiplier effect for businesses. Segregating ownership, control, and management aids long-term family business growth.
Quote of the day by Lynn Painter: Author Lynn Painter encourages embracing life's unexpected turns. She reminds us that rigid plans can obscure amazing possibilities. Sometimes, life's detours lead to richer experiences than imagined. Painter's message emphasizes staying open to new opportunities. Disappointments can often pave the way for life's best chapters.
CBIC readies rules to facilitate filing of multi-state GST appeals
The Central Board of Indirect Taxes and Customs is preparing a new framework that will streamline departmental appeals involving multiple states. Field formations will gain clarity on filing appeals before the GST Appellate Tribunal. Jurisdictional commissioners will independently decide on appeals for each taxpayer. A formal circular will soon be issued to implement these changes.
No action against protesters: Delhi Govt
Government of NCT of Delhi does not propose to take any further adverse action against the individuals involved in the protests, and the matter shall be treated as closed without any future proceedings on this account, the order read.
India to buck APAC slowdown despite oil, trade and El Nino risks: Moody's Analytics
India's economy is projected to grow strongly in the Asia-Pacific region. Higher oil prices and global slowdown pose significant risks to this outlook. El Nino presents a dual threat of food and energy vulnerability for the nation. AI-driven investments will support regional growth before gradually weakening. Policymakers must balance inflation risks with sustaining economic activity.
Thermax received the Sustainability Champion award at the Economic Times Family Business Awards. The company's future growth plans are now centered on sustainability and cleaner energy. Thermax offers global energy and environment solutions for various industrial needs. The award recognizes Thermax's commitment to reducing environmental footprints. This recognition solidifies Thermax's leading position in sustainable technologies.
West Asia conflict: PM Modi directs measures to safeguard Indians, boost renewable energy push
Prime Minister Modi directed ministers to safeguard citizens and diaspora from West Asia conflict impacts. He also ordered a dedicated assistance mechanism for seafarers and their families. The government will accelerate the shift towards renewable energy sources like solar power. Cabinet ministers reviewed India's preparedness and energy product availability during the meeting.
Pakistan's crackdown in PoK revives focus on territory's legal limbo, economic woes
Protests in Pakistan-occupied Kashmir highlight its unresolved legal status and economic struggles. This region is not a Pakistani province and lacks federal revenue shares. Local assemblies possess limited powers, and residents have no national decision-making role. High unemployment and inflation plague the territory, which faces severe financial stress. Despite generating electricity, residents endure frequent power cuts and high tariffs.
Japanese Proverb of the Day highlights the meaning of To come out of a desperate situation and make a complete return in one sudden burst. The saying reflects the power of resilience, determination, and the ability to overcome difficult circumstances through patience and persistence. It suggests that even when a person faces failure, uncertainty, or seemingly impossible challenges, a major transformation can still happen with the right opportunity, effort, and mindset. The proverb reminds us that setbacks do not define the final outcome, and moments of hardship can become the foundation for a powerful comeback.
Family businesses form India's economic backbone, contributing over seventy-five percent to the nation's GDP. These enterprises consistently outperform their peers, demonstrating enduring strength and resilience. They build value on trust and reputation, a foundation laid long before the startup era. Family businesses think in generations, not just quarters, which fosters long-term stewardship. This unique perspective ensures continued value creation and employment generation for India.
ET Family Business Awards' winners in the limelight: Apollo Hospitals and Muthoot FinCorp
Apollo Hospitals and Muthoot FinCorp received prestigious family business awards. Preetha Reddy highlighted Apollo's commitment to accessible healthcare for all Indians. Muthoot FinCorp's chairman emphasized survival and enduring values over 140 years. Both companies acknowledged their employees and family legacies. Future growth for these businesses will depend on innovation and relevance.
2 months of monsoon, yet over 50% of Indian key reservoirs are half-empty
The level in major reservoirs improved further this week to 44% of the 183.565 billion cubic metres capacity
India-EU FTA includes separate annexure to address EU carbon tax
The India-EU free trade agreement negotiations focused on the Carbon Border Adjustment Mechanism. A comprehensive work plan will address concerns for small and medium enterprises regarding this mechanism. Legal scrubbing of the free trade agreement has now been completed by both sides. This pact could be signed this year and implemented starting in 2027. India and the EU will engage on taking into account carbon prices paid within India.
ET Family Business Awards: How India Inc's next generation is balancing legacy with innovation
Indian family businesses are entering a new growth phase. Next generations balance legacy with innovation and measured risk. Family offices now deploy capital for startups and frontier technologies. Legacy groups focus on calibrated risk-taking and manufacturing capabilities. Succession planning and adapting to new markets are key challenges.
Brazil to face India in historic football friendly in Kolkata on October 3
Brazil's national football team will play India in a friendly match. This historic fixture is scheduled to take place in Kolkata on October 3. The match marks Brazil's first-ever game on Indian soil. India will face their highest-ranked opponent since 1992. This event revives Kolkata's deep connection with Brazilian football.
Soccer: UEFA to boycott World Cup and FIFA tournaments over stake sale plans
European soccer body UEFA and its nations reject FIFA's World Cup sale proposal. They will boycott all FIFA tournaments unless the plan is abandoned. This move creates a major governance crisis for the global soccer organization. Other confederations and player unions also criticize FIFA's lack of consultation. The decision impacts future tournaments like the 2027 women's World Cup.
African Proverb of the Day highlights the meaning of The day you are unlucky, even the cold food burns. The saying reflects how periods of misfortune can make even the simplest or most ordinary situations seem difficult. Using the impossible image of cold food burning, it emphasizes that when luck appears to be against you, minor setbacks can feel much bigger than they really are. At its core, the proverb reminds us that bad days are a natural part of life, encouraging patience, resilience, and the confidence that difficult times will eventually pass.
The Proverb of the Day, Good things come to those who wait, but better things come to those who work for it, highlights the importance of balancing patience with consistent effort. While waiting can create opportunities, real success usually comes from taking action, improving over time and staying committed to one's goals. The saying remains relevant in careers, education and personal growth, reminding people that perseverance and hard work often lead to the best outcomes.
Delhi govt to provide property Aadhaar cards; bring Land Records Bill: CM Rekha Gupta
Delhi government is preparing the Land Records Bill, 2026 for property Aadhaar cards. A scientific survey of every property will be conducted across the National Capital Territory. This modern digital land records system will extend to urban areas and all property types. Authenticated digital property records will eliminate ambiguity and reduce land disputes. The bill is expected to be passed in a special session later this year.
Nick Shirley 'exposes' Walz, Ilhan Omar over MN Somali fraud: 'It's taxpayers VS fraudsters!'
A LinkedIn post by YesMadam co-founder and CEO Aditya Arya has gone viral after he shared how a 90-second airport meeting with his wife and co-founder, Garima Sharma, became their version of a date. The couple said building a startup has turned quick layovers into cherished moments together, sparking conversations online about entrepreneurship, marriage and the realities of work-life balance.
Insurance penetration remains low despite growth in real estate sector, says expert
He was speaking at a fireside chat titled Beyond bricks & mortar: why risk protection is critical to modern infrastructure
ITR filing 2026: How to report capital gains from shares, mutual funds and ETFs to avoid tax notices
Taxpayers must accurately report capital gains from shares, mutual funds, and ETFs while filing the ITR for AY 2026-27. It is important to choose the correct ITR form, classify gains, reconcile investment records, and report only realised gains to avoid discrepancies and scrutiny.
Trump LIVE | POTUS unveils 'freedom haulers' program to replace immigrant truckers with veterans
Swiggy clocks Rs 791 crore net loss in Q1
The firm reported a loss of Rs 1,197 crore in the corresponding period last financial year (Q1 FY26), according to its stock exchange filing.
Microsoft CEO Satya Nadella's warning on AI: Companies that 'outsource thinking' may not survive
Microsoft CEO Satya Nadella cautions businesses about AI provider dependency. He urges companies to retain control over their data and AI outputs. Businesses should separate AI infrastructure from proprietary models for flexibility. This approach prevents providers from gaining undue operational knowledge. Such strategic control ensures long-term business survival and independence.
Maori proverb of the day: Maori saying highlights that consistent daily movement builds good health over time. An active person will remain healthy while a lazy one will become sick. Physical activity benefits the heart, energy levels, sleep, and mood significantly. Simple actions like walking and gardening contribute to overall well-being.
Tharoor-led panel urges govt to closely monitor China's activities in Bangladesh
A parliamentary panel expressed concern over China's growing influence in Bangladesh. The committee urged India to monitor foreign powers' activities closely. India should leverage its development cooperation to strengthen its partnership. The panel also highlighted persistent challenges along the India-Bangladesh border. Enhanced surveillance and a multi-agency framework are recommended for border security.
Ohio man wins lottery twice in one day after buying back-to-back tickets from same store
An Ohio man experienced remarkable luck winning two scratch-off tickets on a single day. His first ticket yielded a substantial prize of $40,000 annually for twenty-five years. He chose the lump sum payout of $500,000, receiving $366,250 after taxes. A second ticket purchased the same day added another $25,000 to his winnings. The fortunate winner plans an extended vacation and a new vehicle.
French Proverb of the Day highlights the meaning of You cannot be very smart if you have never done anything foolish. The saying reflects how mistakes, failures, and imperfect choices are essential parts of learning and personal growth. It suggests that true intelligence is not about avoiding every mistake, but about gaining wisdom through experience, understanding errors, and using those lessons to make better decisions in life.
Jaishankar tells Ukraine attacks on Indian seafarers are unacceptable
India unequivocally condemned attacks on commercial shipping and Indian seafarers in the Black Sea. External Affairs Minister S Jaishankar conveyed this stance to his Ukrainian counterpart Andrii Sybiha. The conversation followed the killing of an Indian seafarer in a recent Black Sea vessel attack. Ukraine urged India to play an active role in ending the ongoing conflict with Russia. Both nations agreed to maintain close communication on these critical matters.
These 5 Red Flag phrases could signal your relationship is nearing its breaking point
Every couple has disagreements from time to time. In fact, psychologists have long emphasized that conflict alone doesn't determine whether a relationship will thrive or fall apart, what matters most is how partners communicate during and after those difficult moments. While a single argument rarely signals the end of a relationship, certain phrases repeated over time can point to deeper patterns of emotional distance, contempt, or a loss of hope.
'They want to control every facet of your lives!': Moody blasts Democrats over masking, distancing
Emami expects 25% of turnover from new-age brands by FY30
Emami anticipates strategic investments will significantly boost its consolidated turnover. New-age brands and digital capabilities are central to this growth strategy. The company aims for these investments to contribute twenty-five percent by fiscal year thirty. Digital channels and new-age brands already show substantial growth in domestic revenue. Emami remains optimistic about India's growth prospects and rural demand recovery.
'Blue states hiding data?: Hawley presses CDC nominee Schwartz over 'abortion surveillance'
Japanese proverb of the day: The ancient Japanese proverb The reverse side also has a reverse side (Ura no ura wa omote) explores the subtle duality of human perception and truth. At its core, the saying highlights that what lies beneath the surface often contains another layer of reality, ultimately returning us to the original truth when examined deeply.
Trump may withdraw Todd Blanche nomination to avoid Senate concessions
President Trump may withdraw Todd Blanche's nomination for Attorney General. This action stems from demands for concessions on a tax immunity agreement. Republican Senators Cornyn and Tillis seek assurances regarding the Anti-Weaponization Fund. They also want clarity on the scope of protection from tax audits. The Senate Judiciary Committee postponed a vote on Blanche's nomination.
Word of the Day: Perfidious - meaning, origin, usage in sentence explained
Perfidious describes individuals who betray trust through deceit and treachery. This formal adjective originates from Latin words meaning faithless and betrayal. Historically, the term has been used to denote serious acts of disloyalty. It is distinct from minor mistakes or accidental errors in judgment. Understanding perfidious helps in recognizing profound acts of disloyalty.
Japanese proverb of the day: Eggs and promises are easily broken explains why fragile things and spoken commitments need care. The saying compares an eggshell with a promise because both can break with little pressure. It teaches people to think before making commitments, protect trust, keep their word, and understand that broken promises can be difficult to repair.
Spider-Man: Brand New Day is now playing in theatres, but many fans are already waiting for its OTT release. While the makers have not announced an official streaming date or platform, reports suggest the Tom Holland-starrer could arrive on Netflix after its theatrical run, possibly in late September or October 2026. Here's everything we know so far about its expected digital release, story and cast.
FinMin launches Protection & Indemnity Insurance product under Bharat Maritime Insurance Pool
On this occasion, Financial Services Secretary Sanjay Lohia handed over the first Protection & Indemnity (P&I) insurance policy document to Shipping Corporation of India Ltd
Does Indias DIY mutual fund boom needs structured assistance?
Over 5-6 crore Indians now invest in mutual funds, thanks to digital platforms. While ease of access has increased, first-time investors face complexities in asset allocation. Future investing will require curated advice and structured assistance to ensure successful long-term portfolios.
Buffalo meat, non-basmati rice lift Indias Q1 agri produce exports
Shipments rise 14% to $7.64 billion; Basmati rice shipments decline on reduced offtake
Domestic sugar prices to remain firm in short-term, says Triveni
Company registers 2.1 per cent growth in net turnover at Rs 1,581 crore
Arika Kundu, a young Indian-American student, has developed an innovative method for reducing pesticide residues. Her project utilizes discarded peanut shells to create a natural biosorbent material for produce. This groundbreaking work has secured her a place as a top finalist in a national science competition. She will collaborate with a scientist to refine her project for the final round.
A mountaineer survived a severe avalanche and later found a significant fossil. This discovery includes part of a 201-million-year-old marine reptile jawbone. The fossil represents the first such find of its kind in Wales. He now pursues fossil hunting as a mindful and focused activity. His experience highlights amateur discoveries outside traditional research.
Innov8 founder Ritesh Malik buys Golf Links bungalow for Rs 85 crore
Ritesh Malik, Innov8 founder, purchased a bungalow in Delhi's Golf Links for Rs 85 crore. This transaction marks a trend of corporate leaders acquiring upscale properties in the area. India Sotheby's International Realty facilitated this high-value residential deal for both parties. Golf Links has become a preferred destination for entrepreneurs seeking prime locations. Several other prominent figures have also bought properties in this exclusive Delhi neighborhood.
US and Iran trade missile barrages as hopes dim for a quick resolution to the five-month conflict
The United States and Iran exchanged missile strikes, escalating regional conflict. Jordan and Kuwait reported intercepting Iranian missiles and a deadly strike respectively. Drone attacks caused fires on ships at an Egyptian port this week. The ongoing war has significantly impacted global fuel prices and the economy. Diplomatic efforts continue to normalize the situation and reopen key trade routes.
Jonathan Taylor Thomas, one of Hollywood's biggest teen stars of the 1990s, is back in the spotlight after a rare Home Improvement reunion photo went viral. His estimated net worth is $12 million. Here's a look at the former child actor's reported $12 million net worth, career, and life away from Hollywood.
In 1889, one invention solved the biggest problem every snow sled had; a flexible piece of steel
In 1889, downhill sledding was a dangerous game. Sleds couldn't steer at all. Riders had to jam a boot into the snow to turn or stop. Quaker inventor Samuel Leeds Allen changed winter forever with the Flexible Flyer. His hinged steel runners finally let kids steer with their hands. Surprisingly, Allen built it to save his farm tool factory from seasonal summer shutdowns. It became an instant American legend.
Quote of the day by Sharon Stone focuses on the idea that beauty is not created only through makeup, clothes or hairstyles. Sharon Stone connects beauty with life experience, personal growth, energy and confidence. Her words suggest that people can develop a sense of beauty through the way they live, learn from experiences and carry themselves.
The next China shock could be bigger than solar, batteries and EVs
China is emerging as a global leader in humanoid robot manufacturing. The nation's scale and cost reduction strategies are alarming international competitors. This trend mirrors China's dominance in solar panels and electric vehicles. Governments worldwide are considering the economic implications of affordable Chinese robots. The robotics race is far from settled, with innovation still key.
Dairy company Sids Farm raises 81 crore in pre-series B round
Funds to strengthen supply chain, expand footprint and drive product innovation
Mid-cap funds aim to outperform their benchmark through active management, but not all succeed. There are currently eight mid-cap funds with a negative alpha, with Taurus Mid Cap Fund having the lowest alpha of -7.20.
M.P. suspends e-token system for fertilizer, order buy of 60% of moong crop
Industry divided on States decision to suspend the e-token for distribution of urea and DAP designed to curb black marketing
The Reserve Bank of India has revised its Basel Pillar 3 disclosure framework. These amendments aim to strengthen market discipline through more comprehensive public disclosures. Banks must now provide detailed information on capital and risk exposures. A formal disclosure policy approved by boards is also required. Further templates for specific risks will be issued later.
TATA Starbucks plans significant expansion across Indian metropolitan and emerging cities. The company recently opened its first South India Reserve store, increasing the total to six. This expansion reflects India's status as a fast-growing global market for Starbucks. TATA Starbucks now operates over 500 stores nationwide, employing approximately 4,300 people.
Japanese Mindset: 'Yutori'-The Japanese philosophy that teaches you the power of slowing down
Yutori, a Japanese philosophy, emphasizes creating spaciousness and slowing down life's pace. This mindset encourages pauses for reflection, fostering creativity and emotional balance. Instead of constant busyness, Yutori advocates for intentional gaps in daily schedules. This approach leads to better decision-making and a more fulfilling life experience. The wisdom of Yutori offers a path to greater presence and reduced overwhelm.
How Sawan Powers Rs 1.5 Lakh Crore Local Micro-Economy In India
Behind Sawan's rituals lies a thriving seasonal economy, with temple markets, sweet shops, and small vendors seeing soaring sales.
RBI gives banks more time to implement bulk deposit rate norms, deadline now Oct 1
Banks now have until October 1 to implement new differential interest rate rules. These norms allow varied rates on bulk deposits considering liquidity coverage ratios. The Reserve Bank of India has extended the implementation deadline after bank feedback. Rates for deposits under Rs 3 crore remain outside these new stipulations. Banks must now disclose bulk deposit rates online by 10:00 am daily.
'Sir Ye Cosmetic Reform Kaam Nahi Karega!': RJD MP Manoj Jha slams JP Nadda on Paper leak bill
Quote of the Day: The quote of the Day by Ryan Gosling: I've learned it's important not to limit yourself. You can do whatever you really love to do, no matter what it is, encourages people to believe in their abilities, pursue their passions without fear, and avoid placing unnecessary limits on what they can achieve.
Govt looks to improve FTA utilisation as trade pact network expands
Commerce Departments FTA monitoring committee to meet in August to discuss impediments faced by industry in utilising the 16 trade pacts implemented so far
King Solomons ancient wisdom therefore offers a simple lesson for modern life: choose friends who help you become better, and strive to be the kind of friend who does the same for others. A meaningful friendship does not merely make life more enjoyable. It can make both people wiser, stronger, and better prepared to face whatever comes next.
A Gurgaon-based food content creator has gone viral after revealing that her husband pays her Rs 1,000 every time she prepares a caf-style meal at home. While many criticised the arrangement as materialistic, Priya later clarified that it was never about charging her husband but about recognising the time, effort and creativity involved in cooking. Her explanation has sparked a wider debate on unpaid domestic work, appreciation in relationships and how couples choose to manage household responsibilities.
Quote of the day by Eleanor Roosevelt: Eleanor Roosevelt believed choices reveal true values more than words. Her life demonstrated that actions, not just intentions, shape character. She championed human rights and drafted the Universal Declaration of Human Rights. Roosevelt's advocacy extended through her public life until her death.
'Trust the experts? Well, Fauci was the expert': RFK Jr. tears into ex-NIAID Dir over COVID lies
'Fauci made 4 mistakes while pleading 5th': Aaron Siri breaks down ex-NIAID chief's Senate testimony
'Lab leak wasn't fringe idea after all': Fetterman reveals his biggest COVID regret at Fauci hearing
Jim Sarbh's Parsi bungalow in the outskirts of Mumbai showcases his love for heritage architecture. The spacious home, once belonging to family friends, holds many cherished memories. Its design features pronounced arches and expansive courtyards blending seamlessly with nature. White walls and Parsi woodwork create a striking and calming atmosphere within the house. This home, designed for people, offers picturesque sea views and a connection to the outdoors.
Buying organic free-range eggs feels like the ultimate green choice. But new research from the University of Oxford shows an unexpected climate cost. Going 100% organic free-range actually surges greenhouse gas emissions by 60% and doubles land use. Free-range hens eat more feed and suffer higher mortality. Better animal welfare is vital, but cage-free eggs carry a massive hidden carbon footprint. The truth is far more complex.
A California man survived over a month alone at sea after his sailboat suffered major damage. He improvised repairs using available materials and collected condensation for drinking water. The man subsisted mainly on oatmeal, squid, and fish during his ordeal. A ship crew spotted his vessel approximately 900 miles from Hawaii and initiated a rescue. He expressed gratitude to the crew for saving his life after his ordeal.
EPFO: Submitted a claim? Here's what the status message means and timeline for settlement process
Employees' Provident Fund Organisation: Today we look at how much time EPF claims take to be settled, what the status message means, and what subscribers can do to rectify any delays and complete the process.
Psychology says people who can't stop smiling when they are in front of the camera aren't necessarily pretending to be happy. Smiling during photographs can be linked to social habits, positive emotions, nervousness, self-presentation and learned behaviour. The response can also become automatic when a person associates a camera with photographs, attention and social interaction.
Quote of the Day by Taylor Swift: Taylor Swifts quote, If somebody hurts you, it's okay to cry a river. Just remember to build a bridge and get over it, explores the importance of emotional resilience, healing, and moving forward after difficult experiences. The quote reminds us that expressing pain is a natural and healthy response, but true strength comes from refusing to let hurt define our future.
A financial master sheet won't make you richerbut it could save your family from economic chaos
A financial master sheet is a single document that records the family's financial and administrative details, showing what assets exist, where they are held, and where supporting documents are stored.
India 25 notches up on global competitiveness index
India advanced 25 places to rank 57th globally in a competitiveness index. This improvement reflects sustained efforts in reducing market distortions and strengthening competitiveness. Reforms like GST and IBC significantly boosted domestic market conditions for businesses. The report highlights the importance of an evidence-based approach to competition policy. India should continue defending exporters against foreign regulatory barriers.
E20 petrol FAQs: Govt clarifies impact on older vehicles, mileage and warranties
The government clarified E20 fuel program, addressing social media claims about engine damage. No verified evidence links E20 fuel to widespread engine failures or systemic vehicle damage. Vehicles manufactured before 2023 can run on E20 petrol without issues. Mileage reduction for older vehicles is limited to three to five percent. Automobile companies publicly support the E20 program after extensive testing.
Iran claims to destroy three F-35 jets, damage 3 more in Jordan after US attack
Iran stated it destroyed three US F-35 jets at Jordan's Al-Azraq Air Base. This action was a direct response to American airstrikes on Qeshm Island. US Central Command confirmed large-scale strikes against IRGC targets inside Iran. These strikes aimed to diminish threats posed by Iran and its proxies.
Tata Power begins work on Rs 5,750 crore renewable energy project in Andhra Pradesh
The project comprises 400 MW of wind power capacity (at Kanekallu, Ananthapuram) and 400 MW solar power capacity (at Pattikonda, Kurnool). The project has secured 800 MW Inter-State Transmission System (ISTS) connectivity at the Ananthapuram II & Kurnool-4 CTUIL substations, enabling efficient evacuation of renewable power through the national transmission network.
Quote of the Day by Mariah Carey: Mariah Carey's journey teaches self-respect and embracing uniqueness for success. Her career highlights patience and persistence before achieving recognition. Setbacks like 'Glitter' led to reinvention and renewed critical acclaim. She bravely shared her bipolar disorder diagnosis, reducing mental health stigma. Carey's enduring legacy emphasizes personal growth and the power of one's voice.
NASA's Curiosity rover found a large field of honeycomb-like rock textures. These polygonal fractures are the largest such formation the rover has observed. Scientists are analyzing the shapes and chemistry of these features for clues. This discovery adds to evidence of ancient Mars having habitable conditions. The findings help understand Mars' evolution from a wetter world.
GSTN puts proposed e-way bill changes on hold after industry feedback
GST Network has postponed two e-way bill system enhancements. These changes were scheduled for implementation starting August 1. Industry feedback highlighted implementation difficulties with existing systems. The government is reconsidering the design of these proposed changes. This decision allows for additional stakeholder preparedness and avoids business disruption.
Large-cap funds have seen their alpha generation decline over the years compared with the Nifty 50 TRI. While funds outperformed strongly during 2000-2009, the advantage narrowed in the following decade and turned negative after 2020.
