37 C 
Tata Capital to buy 88.6% in Yogloans, enters gold loan business
Tata Capitals Yogloans buyout gives it an instant gold-loan platform, adding a high-yield secured product to its retail lending portfolio. This all-cash transaction values Yogloans at up to Rs 318 crore before infusion. The deal gives Tata Capital an operating platform in secured lending products. Yogloans had assets under management of Rs 708 crore as of March 31, 2026. This acquisition provides an immediate branch network and experienced management team.
True happiness thrives away from public attention and constant validation. Today's French proverb of the day advises living hidden to protect inner peace and joy. This philosophy counters social media's pressure for oversharing and external approval. Applying this means setting intentional boundaries for your private life. Protecting your inner world fosters genuine contentment and emotional safety.
Akansha Ranjan Kapoor married Sharan Sharma on July 11, 2026 at her Mumbai residence. Besides her Arpita Mehta wedding look, Akansha's reception outfit stole the show as well, featuring a gold lehenga and cape. This Gaurav Gupta creation was inspired by thawing crystals. The elaborate lehenga cost Rs 6,50,000. She accessorized with diamonds and wore a sleek hairstyle.
Hiccups won't stop? Doctors share a simple trick that may help get rid of them
Hiccups result from diaphragm spasms and vocal cord closures. Common triggers include eating quickly and drinking carbonated beverages. Persistent hiccups may indicate underlying health conditions requiring medical attention. Doctor Michael Rowe suggests a tongue pull method to stimulate the vagus nerve. Doctor Mehmet Oz shares kitchen hacks like lemon juice and vinegar for distraction.
Income tax penalties explained: What happens if you under-report income or miss ITR filing
Taxpayers can face late filing fees, interest and penalties for different types of income tax defaults. Here's a simple guide to the key provisions under the Income Tax Act and what they could cost you.
India-UK social security pact: How EPF savings will benefit Indian professionals working in the UK
From 15 July, the India-UK Double Contribution Convention Agreement will allow eligible Indian professionals on temporary UK assignments to continue building EPF savings in India instead of paying towards UK social security contributions.
Nearly nine hundred snakes, including venomous cobras, escaped a flooded breeding farm in Guangxi. Villagers used nets to catch the reptiles while authorities urged caution. Extreme weather has caused widespread flooding and evacuations across southern China. Typhoon Bavi is now approaching the eastern city of Wenzhou. Residents remain vigilant amid ongoing flood emergencies and snake scares.
Researchers developed lightweight solar panels inspired by nature's honeycomb structure. These new modules are significantly lighter than conventional panels, which aids installation. The honeycomb design maintains mechanical strength and passes international durability tests successfully. This innovation could expand solar adoption across various buildings and applications. Biomimicry continues to drive advancements in renewable energy technology.
Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk
Vessel traffic through the Strait of Hormuz has reached a five-week low. This decline is attributed to renewed strikes and attacks on ships in the region. Several tankers carrying oil products transited the strait, with most switching off transponders. U.S. forces conducted further strikes against Iran on Sunday. Iran's Revolutionary Guards reported stopping two ships in the strait last night.
Darjeeling toy train accident goes viral after taxi driver claims train was on 'wrong side'
A taxi driver argued with a toy train pilot after a minor collision occurred. The driver claimed the Darjeeling Himalayan Railway was on the wrong side of the tracks. Authorities found the vehicle was parked illegally and negligently near the railway line. The taxi was seized and a case was registered against the driver. The Darjeeling Himalayan Railway continues to celebrate its heritage and tourism growth.
Cochin Shipyard bids for Bharat Container Shipping Line orders; eyes surge in domestic shipbuilding
Jose V.J., Director (Finance) of CSL, told that the consortium was formed to reduce Indias dependence on foreign shipping lines and cut freight outgo
NABARDs Gramodyam to unlock rural Indias entrepreneurial potential
Gramodyam seeks to identify, nurture, mentor and empower aspiring entrepreneurs by equipping them with industry-relevant skills, entrepreneurial competencies and access to essential support systems.
Plant-based foods offer essential omega-3 fatty acids for overall wellness. Flaxseeds and chia seeds provide significant amounts of these vital nutrients. Walnuts and hemp seeds are also excellent sources for daily intake. Mustard seeds, moringa, and methi seeds contribute to dietary needs. These ingredients can be easily incorporated into everyday Indian meals.
Tata Capital forays into gold loans with Yogloans acquisition
Tata Capital is entering India's gold loan market by acquiring a majority stake in Yogloans. This strategic move expands their retail lending portfolio with a secured lending product. The acquisition involves a share purchase and a significant capital infusion into the NBFC. India's gold loan market is expanding, driven by rising gold prices and credit demand. Yogloans operates across four southern states and will continue under its current leadership.
France fear no one ahead of World Cup semi-final against Spain
France's defenders express respect for Spain's strong backline and talented players. They acknowledge Spain's near-perfect defense and individual quality in the tournament. France aims to prepare well and secure a favorable outcome in the upcoming match. They are conscious of Spain's quality and Lamine Yamal's threat on the wings. The French team respects their opponents and desires victory in the semi-final.
Who could replace Lindsey Graham? South Carolina's next steps after Senator's death
South Carolina's political landscape faces upheaval after Senator Lindsey Graham's sudden passing. Governor Henry McMaster must appoint a temporary replacement for the vacant Senate seat. A special primary election will soon select a new Republican nominee for voters. Ambitious conservatives are now vying for the open Senate position. This situation creates uncertainty for the upcoming general election.
EPF interest 2025-26: Why your PF earns interest every month but gets credited once a year
While EPFO calculates interest on your provident fund every month, it credits the accumulated amount only after the end of the financial year.
China summons Japan envoy over South China Sea row
China asserts its control over the South China Sea waters. Thirteen nations and Japan reaffirmed a 2016 ruling against China's claims. Beijing summoned Japan's envoy, accusing Tokyo of regional instability. The ruling declared China's expansive claims legally baseless under international law. Nations urged peaceful dispute resolution and adherence to international law.
IRGC shares missile launch video as it targets US assets in the Gulf
Allies to muster more air defence aid for Ukraine as battlefield momentum shifts
Western allies will meet in Paris to secure more air-defence commitments for Ukraine. Ukraine faces increasing exposure to Russian ballistic missiles and needs faster weapon supplies. Leaders will discuss anti-ballistic missile cooperation and potential joint production initiatives. They will also consider ways to crimp Russia's revenue sources and its oil shipments. France's President Macron promised announcements on bilateral cooperation and joint military exercises.
CJI Surya Kant & CM Nayab Saini inaugurate state-of-the-art Tower of Justice in Gurugram
'Not the trophy I wanted': Alexander Zverev proud of Wimbledon runner-up finish
Alexander Zverev expressed pride in his Wimbledon journey after losing the men's singles final. He graciously congratulated Jannik Sinner, calling him the world's best player. Sinner successfully defended his Wimbledon title, securing his fifth Grand Slam victory. This win marked Sinner's tenth consecutive match victory over Zverev. Zverev's quest for back-to-back Grand Slams concluded with this final.
Israeli strike hits Gaza strip killing six, including 9-yr-old girl
Gold and silver prices today, 13 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates, along with other important geopolitical updates.
NATO's Ankara Summit was more of a warning than an escape
NATO's recent summit focused on maintaining American commitment to collective defense. Donald Trump's unpredictable stance created significant uncertainty for alliance leaders. European nations are increasing defense spending to build independent deterrence capabilities. Russia's military is expected to emerge stronger and more sophisticated after the Ukraine conflict. NATO planners must prepare for potential US troop withdrawals and a changing security landscape.
The numbers behind India's electric mobility boom: A 12-fold leap in a 30 mn EV market
India's electric vehicle market is set for substantial growth by 2032. Sales are expected to rise significantly, driven by consumer appeal and policy support. Electric two-wheelers and three-wheelers will continue to dominate the market share. Battery demand will also scale sharply, reflecting increased adoption and pack sizes. The domestic component market is projected for considerable expansion over the next decade.
Google slashes Pixel 10 Pro price by $300 ahead of Pixel 11 launch
Google Pixel 10 Pro and Pro XL models are now available with significant price reductions. These discounts are being offered ahead of the anticipated Pixel 11 lineup's upcoming release. The Pixel 10 Pro sees its largest price cut yet, making it more affordable. Amazon and the Google Store are both participating in these promotional offers. These price adjustments may signal an effort to clear existing inventory.
CAG raps Maharashtra as 82.78 cr helicopter lay idle for 17 months, flags 2 cr avoidable cost
The state government had approved the purchase of the helicopter in May 2018 to facilitate anti-Naxalite operations in Gadchiroli and neighbouring areas
Jamnabai Narsee International School signs Rs 800 crore Juhu lease deal
Jamnabai Narsee International School will develop a new campus in Juhu. This new facility will be built on 2.36 acres of land over thirty years. The charitable trust will construct the 300,000 sq ft campus to school specifications. This expansion will offer the International Baccalaureate curriculum from kindergarten to Class XII. The deal reflects a growing trend of asset-light expansion for educational institutions.
Annapurna Yojana: West Bengal may allow rejected applicants to edit forms instead of reapplying
West Bengal may soon allow corrections for 27.8 lakh rejected Annapurna Yojana applications. The proposed edit facility will help applicants fix Aadhaar, mobile and data errors, resubmit forms and improve chances of receiving welfare benefits under the state scheme.
Bharti Airtel chairman Sunil Mittal highlighted finance, data centres, and cloud as key growth areas. The company is expanding its digital infrastructure network after significant past investments. Airtel Money received RBI approval to operate as a non-deposit-taking NBFC. Nxtra is building data centre capacity while Airtel Cloud offers sovereign cloud solutions. The telco also reported strong operating free cash flow for future investments.
Can't get over Derry Girls? Watch these 4 equally funny and heartfelt series
If you loved the wit, friendship and coming-of-age charm of Derry Girls, there are plenty of shows that capture a similar spirit. From the awkward school adventures of The Inbetweeners and the nostalgic Irish humour of Moone Boy to the iconic comedy of Father Ted and the heartfelt teen drama On My Block, each series blends memorable characters, humour and emotional storytelling. Whether you enjoy quirky comedy or touching friendships, these binge-worthy picks are well worth adding to your watchlist.
Amavasya July kab ki hai? July Amavasya tithi begins on Monday, July 13, and extends into Tuesday, July 14. Devotees are confused about observing Somvati Amavasya due to this unusual two-day spread. Shastric tradition dictates fasting on Monday, July 13, as the tithi starts before sunset. Bathing and ancestral rites will technically occur on Tuesday, July 14, under Bhaumvati Amavasya. This rare timing creates a dual observance for the new moon day.
J&K police arrests three publishers over 'controversial' school books
Jammu and Kashmir Police have arrested three publishers in connection with 'inappropriate' book content. These arrests are part of an ongoing investigation into controversial publications. Two books found in government libraries were withdrawn and publishers blacklisted. Eight education department employees were suspended and one dismissed. A comprehensive review of all books is now underway across the region.
UP connectivity boost: Lucknow-Kanpur Expressway opens today, cutting travel time to 45 minutes
Assam CM Himanta Biswa Sarma drives roller to destroy drugs worth Rs 472 crore in Nalbari
23,000 Lives OTT release: When and where to watch the German drama film
A German drama titled 23,000 Lives will premiere on Netflix this month. This film is inspired by the true story of young volunteers who saved many lives. They launched a mission to rescue migrants crossing the Mediterranean Sea. The volunteers confronted difficult moral questions during their humanitarian efforts. This inspiring story of compassion and determination arrives on July 17, 2026.
Arshad Warsi Lokhandwala property profit: Actor Arshad Warsi has sold a Mumbai commercial shop for Rs 6.25 crore. This sale price is nearly three times the amount he paid in 2012. The property is located in Lokhandwala Complex, Andheri West, Mumbai. Registration documents confirm the sale deed was registered on July 1, 2026. The buyer paid Rs 37.50 lakh as stamp duty for this transaction.
Huge fire rages in Fontainebleau forest near Paris
French officials rushed two firefighting planes to the Paris region Sunday, after a fire erupted south of the French capital, disrupting traffic during a busy summer travel weekend and piling more misery on a region sweltering through its latest heatwave. Eric Brocardi, of France's national federation of firemen, said it was the first time fire bomber planes had been sent up from the normally drier and hotter south of the country to extinguish fires in the Paris region.
US ends latest round of airstrikes on Iran after Tehran strikes Gulf states
The United States military concluded its recent strikes against Iran on Monday. These actions targeted Iranian air defense systems and missile equipment. The US Central Command stated that Iran does not control the Strait of Hormuz. This vital maritime corridor remains open for global trade and commercial shipping. US forces are prepared to ensure freedom of navigation despite Iranian provocations.
Heat wave smashes records across central US
A severe heat wave gripped the central United States, setting new temperature records. Salt Lake City and Billings experienced unprecedented highs, reaching 109 degrees Fahrenheit. This extreme heat is hindering efforts to combat significant wildfires in Colorado and Utah. Meanwhile, eastern regions faced similar intense heat just last week. Globally, climate change is increasing the frequency and severity of such heat events.
Cargo truck crash in Mexico leaves 10 dead, including two children
Ten people died Sunday in Jalisco after a cargo truck crashed into vehicles. The accident occurred near Hostotipaquillo, involving emergency responders to an earlier incident. Two children were among the ten fatalities, and ten others sustained injuries. Two National Guard officers and four US citizens were among those injured. Fatal road accidents involving trucks are unfortunately common in Mexico.
The Indian Air Force maintains its third global ranking for the fifth year. This assessment considers fleet size, technology, and operational capabilities. The IAF's quality fleet outweighs China's larger numerical strength. Acquisitions like Rafale and Tejas will enhance fighter capabilities significantly. Future inductions and indigenous development support long-term modernization plans.
Security tightened on Jammu-Srinagar National Highway amid ongoing Shri Amarnath Ji Yatra
In view of the ongoing Shri Amarnath Ji Yatra, security arrangements along the Jammu-Srinagar National Highway have been significantly strengthened to ensure the safety and security of pilgrims as well as the general public.
CA Nitin Kaushik has sparked a debate after arguing that luxury status symbols often mask financial stress rather than wealth. In a post on X, he claimed many middle-class earners stretch their finances to buy Rs 70 lakh cars or overpriced apartments for social validation. According to Kaushik, real wealth comes from owning productive assets, not depreciating liabilities. He urged people to stop chasing appearances and instead invest in long-term financial freedom.
The 8th Pay Commission is about much more than a salary hike. From allowances and pensions to performance incentives and gratuity, these five key Gazette provisions could reshape the pay and retirement benefits of Central government employees. Check the complete details, including FAQs.
Security forces recovered arms, explosives, cash and a gold biscuit worth around Rs 18 lakh during an anti-Naxal operation in Chhattisgarh's Dantewada district, officials said.
An emboldened India holds out for better terms in US trade talks
India rejected a swift trade agreement with the United States, seeking more favorable terms. New Delhi's confidence stems from new trading partners and eased economic risks. India's government official stated they will not rush into an unfavorable deal. Rising exports and diversification initiatives have strengthened India's negotiating position. India is calculating potential legal and political setbacks for US trade measures.
More than 2,700 died as result of heatwaves in England, researchers say
Over 2,700 people died in England and Wales due to recent heatwaves. Experts used weather data and climate models for this mortality estimate. Two unprecedented heatwaves occurred in May and June, setting new temperature records. Climate change is making these extreme heat events more frequent and intense. The UK faces growing threats to wellbeing from rising global temperatures.
Nippon Paint offers $8.6 billion for AkzoNobel unit, Bloomberg News reports
Nippon Paint has reportedly made new offers for AkzoNobel's decorative paints unit. The latest proposal values the business at approximately seven point five billion euros. AkzoNobel's management has not engaged with Nippon Paint regarding this offer. Instead, AkzoNobel is proceeding with a planned merger with Axalta. Paint companies are seeking mergers to manage rising costs and competition.
Venezuela quake death toll rises to 4,490
Venezuela's earthquake death toll has risen to nearly 4,500 people. Over 19,500 individuals are now residing in temporary camps after the disaster. The government is planning to provide some apartments to affected families soon. Significant resources will be required for rebuilding and offering housing assistance. Aid shipments have arrived from Russia and the United States.
Taiwan detects 5 Chinese naval vessels, 10 official ships operating around its territory
Taiwan's defense ministry detected five Chinese naval vessels and ten official ships operating nearby. Taiwan's armed forces monitored the situation and responded accordingly to the detected vessels. Earlier, one Chinese naval vessel and four official ships were also detected operating around Taiwan. China hopes the United States will handle Taiwan-related issues with extra prudence. China asserts Taiwan is an inseparable part of its territory, a complex historical claim.
Iran says latest US strikes have 'rendered futile' recent diplomacy
Iran condemned recent United States attacks, stating they undermined diplomatic efforts. These strikes aimed to degrade Iran's ability to attack commercial ships. Iran called the attacks a violation of the UN Charter and a threat. The foreign ministry said the actions disrupted peace and security in West Asia. Tehran also blamed the US for insecurity and shipping disruptions in the Strait of Hormuz.
IT, banks, pharma, energy, or metals: 2026 winner?
TrendMap presents a 10-year performance tracker of domestic market sectors. Nine key NSE Sector indices show annual returns ranked by performance. Metals remain the long-term leader despite market cycles and volatility. Data includes YTD for 2026 and historical trading day closing values. This analysis covers Auto, Banks, Energy, FMCG, Infra, IT, Metals, Pharma, and Realty.
Why is RBI reducing short dollar forward position?
The Reserve Bank of India is carefully unwinding its large bearish dollar position. This move aims to support the rupee without causing market instability. Recent measures are attracting foreign capital, aiding the central bank's strategy. However, the pace of unwinding is crucial to avoid currency depreciation pressure. The RBI faces a delicate balancing act in managing its forward exposure.
SWPs becoming financial trap for surviving spouses?
It is often witnessed that the aggression of marketing executives in AMCs to onboard an investor is not reciprocated while settling death claims, when the bereaved family expects empathy and handholding, and the funds to relieve them from the stress of having lost a loved one. Sebi should review the ground-level situation with SWPs becoming a financial trap for surviving spouses.
Time to bet on Nalco, Hindalco, Vedanta Aluminium?
Aluminium prices have seen significant swings this year driven by geopolitical tensions. Demand from key sectors like electric vehicles is robust and outpacing supply growth. Analysts remain constructive on Indian producers like Nalco and Hindalco Industries. Valuations have eased, making the sector attractive for investors. A buy-on-dips strategy is recommended amid ongoing global macro uncertainty.
Parental coverage in group insurance: In or out?
A large number of senior citizens find it difficult to get individual insurance covers. Insurers may charge higher premiums or decline coverage. So, while the premium comparison is made between the group rates and the lowest available individual rate, the possibility of getting standalone coverage is lower. Under a group plan, however, coverage is usually guaranteed.
Taxation for influencers, gig workers simplified
Indian influencers and gig workers face significant tax compliance challenges. Many struggle with tracking income and claiming eligible deductions accurately. Discrepancies in TDS reporting create difficulties when filing income tax returns. Uncertainty surrounds the classification of influencers as businesses or professionals for taxation. Clearer guidelines are needed to simplify tax procedures for this evolving sector.
Neelesh Surana on risk-reward scenario across m-caps
Mirae Asset Investment Managers (India)s equity funds have experienced a period of underperformancethe first major blip since inception in 2007. Chief Investment Officer Neelesh Surana speaks to Sanket Dhanorkar on his market outlook and fund strategies.
Is borrowing money to invest in IPOs worth it?
India's primary market anticipates a busy season with major IPOs approaching. Many investors are borrowing funds to maximize their application sizes. This trend is fueled by increased retail participation and convenient application methods. However, borrowing carries significant risks, including allotment and weak listing uncertainties. Careful consideration of costs and potential returns is essential before leveraging for IPOs.
Presumptive taxation regime: What changes now?
Under the old Income Tax Act, 1961, the regime operated under three separate provisions. The new Income Tax Act, 2025 consolidates them into a single section. While this structural consolidation is welcome, it does introduce substantive changes that could raise taxable income and cause fresh compliance issues.
Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed
U.S. and Iranian forces exchanged heavy missile and drone assaults across the Gulf region. Iran stated it had again closed the vital Strait of Hormuz, impacting global shipping. The United States military launched retaliatory strikes against Iranian facilities on Sunday. This renewed violence casts further doubt on an interim U.S.-Iranian agreement. The escalating conflict has driven energy prices higher and fueled global inflation.
Reporting capital gains on equity and debt MFs? Here's a step-by-step guide
While most of the changes to capital gains taxation were implemented in FY24-25 or AY25-26, taxpayers filing returns this year for AY26-27 still need to navigate a detailed reporting framework, particularly for equity transactions.
Quote of the day by Walt Disney offers life lesson on living with balance and purpose. Optimism inspires courage, perseverance, and hope, while realism encourages thoughtful planning, responsibility, and practical action. Together, these qualities enable individuals to face life's uncertainties with confidence and resilience. By embracing both positive thinking and realistic understanding, people become better equipped to overcome challenges, appreciate life's blessings, and build a future shaped by determination, wisdom, and enduring optimism.
Carlyle Consortium set to take control of defence parts supplier Micropack
Carlyle plans a significant investment in Micropack, an Indian defence electronics manufacturer. This deal marks a major private equity entry into the nation's defence technology sector. The investment aims to scale up homegrown manufacturing capabilities and supply chains. Micropack serves key clients like Isro and DRDO with advanced electronic components. India's defence spending continues to rise, boosting indigenous manufacturing and investor interest.
New power policy draft may reach Cabinet in August
The power ministry plans cabinet approval for a new electricity policy next month. This policy aims for higher per capita electricity consumption by 2030 and 2047. It proposes linking tariffs to inflation and recovering fixed costs through demand charges. The overhaul will also promote competition in electricity distribution networks. Significant investment is anticipated for the power sector's future growth.
Quote of the day by Kim Kardashian teaches a life lesson about confidence, perseverance, and personal growth. Being underestimated should never prevent individuals from pursuing their ambitions. Through discipline, resilience, humility, and consistent effort, people can transform doubt into opportunity and expectations into achievements. Rather than seeking approval from others, true success comes from believing in oneself, working diligently, and allowing accomplishments to reveal abilities that words alone never could.
Quote of the day by Harrison Ford expresses a profound truth about humanity's place in the world. Nature has sustained life for millions of years and continues to provide the essential resources that make civilization possible. Human health, food security, economic prosperity, and cultural development all depend on healthy ecosystems. By respecting, protecting, and restoring the natural environment, we are not simply preserving the planetwe are protecting our own future. Recognizing this interdependence encourages responsibility, gratitude, and a shared commitment to ensuring that both humanity and nature can thrive together for generations to come.
While cold water and air conditioned room themselves do not contain viruses, what they do affect is our immune system. Temperature in the atmosphere does have an impact on how our bodies react to a viral attack or an infection.
ED sends letters rogatory abroad, seeks info on foreign operatives
The Enforcement Directorate is investigating a sophisticated transnational cyber fraud network. This syndicate used mule bank accounts and shell entities for money laundering. Indian victims were defrauded through various online scams and investment schemes. Proceeds were laundered through overseas platforms and cryptocurrency transactions. The agency has sought information from foreign shores to identify culprits.
Rahul Dravid among contenders for England Test coach's job after McCullum sacking: report
With the departure of Brendon McCullum after a series defeat against New Zealand, Rahul Dravid's name surfaces as a top candidate to take over as the England Test team coach. Known for his thorough approach to the game, Dravid is among the favorites alongside Andy Flower and Richard Dawson, as the England and Wales Cricket Board hopes for a successful shift in leadership prior to the Ashes next year.
27 killed as fire breaks out at a pub in Bangkok, officials say
Bangkok pub fire: A massive fire engulfed a Bangkok pub early Monday morning. At least twenty-seven people tragically lost their lives in the devastating blaze. Rescuers reported the fire erupted around midnight in the northern part of the city. Footage showed thick black smoke billowing into the sky as people fled. The cause of the deadly incident remains under investigation by authorities.
India declares one-day mourning for former Qatar Emir Sheikh Hamad
India observed a day of national mourning for the former Emir of Qatar. The national flag flew at half-mast across the country on Monday. Prime Minister Modi recognised the deceased leader's significant developmental contributions. No official entertainment was scheduled for the day of mourning. A minister will visit Qatar soon to convey India's condolences.
Messi's World Cup goal streak ends, assist helps Argentina defeat Switzerland 3-1
Lionel Messi's scoring prowess was temporarily paused as he provided a pivotal assist for Argentina's first goal in a thrilling match. Switzerland struck back to level the game, necessitating extra time where Julian Alvarez and Lautaro Martinez shone, clinching the win for Argentina. Coach Murat Yakin spoke about plans to manage Messi's impact. Looking ahead, Argentina gears up to challenge England in the semifinals on Wednesday.
The ATM story: Banks move to cash recyclers from just dispensers
More than 15,000 ATM units are expected to come up for request for proposals (RFPs) for cash recyclers, with nearly 77% of these belonging to PSBs, according to industry executives. Punjab National Bank, Union Bank of India and Bank of India are among the lenders expected to issue recycler RFPs.
India condemns attack on ship in Gulf of Oman carrying 11 nationals
India condemned an attack on a commercial vessel carrying Indian nationals. Ten of eleven Indian sailors were rescued, while one remains missing. Four energy-bound vessels for India are currently stuck in the Strait of Hormuz. This marks the fourth incident involving Indian nationals since June. India calls for de-escalation and diplomatic solutions for regional stability.
India requires infrastructure investments of nearly Rs 770 lakh crore over the next 20 years. This requirement cannot be met through budgetary resources alone; private capital will need to play a larger role, says Rajkiran Rai, managing director and chief executive of National Bank for Financing Infrastructure and Development (NaBFID).
Jannik Sinner beats Alexander Zverev to win Wimbledon again and move on from French Open meltdown
Jannik Sinner secured his second consecutive Wimbledon title by defeating Alexander Zverev. This victory marked Sinner's fifth Grand Slam title overall. He previously won Wimbledon after a French Open setback. Linda Noskova also claimed her first Grand Slam title in the women's final. Sinner extended his winning streak against Zverev to ten matches.
Decoding the India-UK CETA: Check what's changing in terms of tariffs, import duty & more
The India-UK trade agreement, effective July 15, offers Indian exports significant market share growth. This historic deal removes tariffs on many Indian goods entering the United Kingdom. British products like chocolate and auto parts will see reduced import duties in India. Indian companies can now bid on non-sensitive government procurement contracts in the UK. The agreement addresses trade barriers, benefiting sectors like steel and marine products.
How India, Australia clinched Uranium deal
India and Australia have finalized a uranium supply agreement. This deal allows Canberra to supply uranium for India's nuclear power plants. Australia overcame earlier reservations about India's civilian nuclear program. Both nations agreed on a formula satisfying IAEA safeguards requirements. This operationalises the 2014 Civil Nuclear Agreement between the two countries.
Army eyes one-way desi drones with 1,000-km strike envelope
The Indian Army is initiating a process to acquire indigenous long-range attack drones. These drones will possess AI-enabled targeting and operate in GPS-denied environments. The systems must accurately hit targets at a 1,000 km range with a 25 kg warhead. The Army aims to create an independent ecosystem for drone manufacturing in India. This acquisition will enhance the armed forces' strike capabilities significantly.
Pharma body renews push for data protection
Leading pharmaceutical companies seek Regulatory Data Protection to boost research investments. Public health groups and local makers oppose this, fearing extended monopolies and delayed generics. The Organization of Pharmaceutical Producers of India argues it benefits indigenous drug makers too. China has already implemented similar clauses, seeing significant research deal growth. India's regulatory alignment with global practices could attract discovery research investments.
SAIL, Indonesia's Krakatau Steel explore 1 million tonnes stainless steel project
Earlier this week, the state-run steelmaker and the Indonesian company signed a memorandum of understanding to explore setting up a joint venture to manufacture stainless steel slabs to meet rising demand in India.
Japan's Sompo eyes big India play after insurance reforms
In the wake of an increase in the FDI limit, Japan's Sompo Holdings is keen on expanding its operations in India, viewing it as a crucial market for future endeavors. With aspirations to utilize their global knowledge, Sompo aims to bolster Universal Sompo's growth and potentially venture into various well-being sectors within India, showcasing a steadfast dedication to the Indian market.
RBI seeks banks views on introducing education savings plan with better returns
The Reserve Bank of India is exploring a new savings product for education. Banks are discussing this proposal and will submit their recommendations soon. Rising education costs necessitate such dedicated financial planning tools. This initiative aims to help families build a corpus for school expenses. The proposed product may require new regulatory dispensations from the RBI.
RBI steps up scrutiny of Corporate India's foreign investments
Indian banks are now mandated to disclose their anti-money laundering measures concerning international business partners. Corporations with overseas investments will relay this information to the Reserve Bank of India.
Real estate firms ramp up legal hiring as deals grow more complex
In an evolving landscape, Indian real estate developers are strategically bolstering their legal departments. This growth represents a pivotal shift towards a more structured approach to deal-making. Leading developers are on the lookout for legal leaders and experts to adeptly handle various transactions, while law firms actively seek to recruit professionals from competitors. Moreover, effective legal planning has become integral to the overall business strategy for developers and their investors.
Digital content is driving demand for physical toys in India, says Mattel
The surge of digital content in India is encouraging children to purchase more toys, significantly boosting demand. With its vibrant youth population and improving economic conditions, India stands out as a prime market for Mattel. Furthermore, the country is solidifying its role as a manufacturing powerhouse for international toy exports. As imports have steadily declined since 2019, the focus has shifted to bolstering local production.
Psychology suggests that people who have multiple pets aren't necessarily lonely or avoiding human relationships. Every pet owner has a unique story, and the decision to welcome multiple animals into a home is shaped by personality, opportunity, resources, and life experience.
