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Overhaul of drug regulator begins with recruitment plan for 1,500 specialists
India's pharmaceutical landscape is on the verge of transformation! The countrys drug regulatory body is gearing up for an overhaul with the addition of over 1,500 scientists and tech specialists. This ambitious initiative aims to streamline drug approval processes and align with international benchmarks, fostering a robust framework for pharmaceutical governance.
Drug applications with unanswered queries to be rejected within 30 days
The message was conveyed through a public notice issued by The Central Drugs Standard Control Organisation (CDSCO) on May 4. It said applications have been pending at the applicant's end since 2016.
Kiran Mazumdar-Shaw picks niece Claire as successor at Biocon
Biocon's founder Kiran Mazumdar-Shaw has made a groundbreaking announcement, pledging her niece Claire Mazumdar as her heir apparent. The transition plan is designed for a slow handover while Mazumdar-Shaw remains at the helm.
Global uncertainties impact gold loan prices; so CSB will remain cautious
In light of recent fluctuations in gold prices prompted by international unrest, CSB Bank is reassessing its approach to gold-backed lending, particularly with gold jewellery. This strategic pivot will see the bank prioritize wholesale and small business loans, anticipating a more measured growth in its gold loan portfolio this year.
Donald Trump again assails Pope Leo, potentially complicating Rubio's visit to the Vatican this week
President Donald Trump has again criticized Pope Leo XIV. Trump claims the pontiff aids Iran and endangers people with his views on immigrants. The Pope denies these claims, stating his stance reflects church teachings on peace and opposing nuclear weapons. This dispute complicates Secretary of State Marco Rubio's upcoming Vatican visit. Italian leaders have also voiced disapproval of Trump's remarks.
Julius Baer names interim India country head as Papneja departs
Julius Baer has appointed Kunal Sumaya as interim country head for India. He will replace Umang Papneja, who is leaving after four years. Papneja will stay until July. Julius Baer is expanding its presence in India, a key growth market. Sumaya, with 17 years at the firm, will focus on onshore growth and the global Indian client base.
Sugarcane FRP hiked to Rs 365/quintal for 2026-27 season
Farmers will receive a premium of 3.56 per quintal for every 0.1% increase in recovery above this level, with a corresponding reduction for lower recovery.
2 Indian journalists win Pulitzer Prize for highlighting cyber fraud
Indian journalists Anand RK and Suparna Sharma have achieved a significant milestone. They have won the prestigious Pulitzer Prize. Their award-winning work, rAPPed, highlights digital surveillance and cyber fraud. The report details a neurologist's experience of digital arrest. This recognition underscores the growing global challenges of digital scams and surveillance.
Bharti Airtel explores 5G network slicing for premium plans
Bharti Airtel is exploring network slicing. This technology will allow for premium voice and data plans. It aims to monetize its 5G infrastructure. This move follows rival Reliance Jio's enterprise use-case plans. Network slicing creates virtual networks for specific needs. This could boost retail and enterprise offerings.
With commercial LPG prices on the rise, Indian textile exporters in Tiruppur and Noida are feeling the financial pinch. As they struggle to maintain profitability, global buyers continue to negotiate for cheaper products, complicating efforts to offset the surging expenses.
Credit growth signals economic strength: Finance Ministry
Non-food credit growth in FY26 stood at 15.9% against 10.9% in the corresponding period last year. The aggregate credit outstanding in March 2026 reached 212.9 lakh crore, 29.2 lakh crore higher than the previous year.
Zappfresh in talks for majority stake in GM Foods
Zappfresh is in discussions to acquire a majority stake in GM Foods. This move aims to expand Zappfresh's product offerings. The company is also strengthening its presence in the frozen vegetarian snacks market. This potential deal follows Zappfresh's recent acquisitions. It signals Zappfresh's strategy to increase competition in the food delivery sector.
Foreign investors eye Tamil Nadu as TVK moves to form govt; labour, policy key concerns
Foreign companies in Tamil Nadu are watching closely as a new government forms. Firms from Japan, South Korea, and Taiwan seek stable policies and labor continuity. They hope for new incentives to boost electronics manufacturing and further investment. Established companies are less concerned, but new entrants are more watchful.
Rare earths, PCBs among 40 sub-sectors on FDI fast track
As per the updated standard operating procedure (SOP) for processing FDI applications, the government has also rolled out reporting guidelines for investments in India from a company having any direct or indirect ownership by a citizen or an entity of a country sharing a land border with India.
L&T net profit drops 3% to 5,326 crore in Q4
Larsen & Toubro's March quarter net profit saw a slight dip. The company achieved record order inflows and revenue for FY26. However, geopolitical tensions in West Asia are expected to affect future business. L&T is expanding into new growth areas and continues portfolio restructuring.
LIVE: Marco Rubio takes over WH briefing as hostilities rise in Hormuz; Leavitt on maternity leave
SEBI, MCA norms on forced labour 'soft and voluntary': India to USTR
India has conveyed to the US that identifying forced labor in other nations presents challenges. New Delhi's strategy remains measured and gradual. Existing regulations, like the BRSR framework and NGRBC, are described as voluntary. India is actively contesting the US investigation's basis, emphasizing its participation in multilateral efforts.
Social Security payments follow a fixed monthly schedule based on birth dates, with SSI paid early each month. In May 2026, payments arrive on different Wednesdays depending on birthdays. Some groups get paid on May 1. Medicare deductions have increased, slightly reducing take-home checks, but rules protect benefits. Knowing dates helps people plan money and avoid confusion or missed payments.
Social media popularity doesn't win polls: Himanta Biswa Sarma
Assam Chief Minister Himanta Biswa Sarma stated social media popularity does not guarantee election wins. He criticized Congress's campaign strategy and poor performance. Sarma also mentioned Prime Minister Narendra Modi's potential attendance at the BJP's oath-taking ceremony. The dates for the ceremony will be decided based on his availability.
'AI push to bring Rs 4,100-cr revenue': Mahindra Group's Anish Shah
Mahindra Group is integrating artificial intelligence across its operations. This move aims to boost profits significantly. In the automotive sector, AI will drive over 4,100 crore in revenue by FY27. Customer satisfaction will also see a 2-3 percentage point increase. Mahindra Finance will disburse 10,000 crore via AI-driven customer acquisition. Operations will become largely autonomous, with AI assisting loan collections.
Mamata Banerjee refuses to resign, calls Bengal verdict conspiracy; BJP hits back
West Bengal Chief Minister Mamata Banerjee stated she will not resign following the election results. She alleged a conspiracy and blamed the Election Commission of India and the BJP for manipulating the outcome. Banerjee claimed her party's seats were looted. The BJP countered that her statements make her a laughing stock.
Bombay HC quashes FIR against HDFC Bank CEO Sashidhar Jagdishan in Lilavati Trust case
The Bombay High Court has quashed a police complaint against HDFC Bank MD Sashidhar Jagdishan. The court found the FIR to be a counterblast to recovery proceedings. It stated that the complaint lacked justification for investigation. The court also noted the matter stemmed from civil disputes and recovery actions.
Zee Entertainment sues Nykaa for using its songs in Instagram reels without licence
Zee Entertainment has sued Nykaa's parent company, FSN E-Commerce Ventures, for using its songs in Instagram promotions without permission. Nykaa's lawyers argue that Instagram's music licensing covers such usage. The company has removed the disputed reels. This case highlights ongoing challenges in music copyright compliance within India's commercial landscape.
Government bill puts Vande Mataram on par with anthem, disruption punishable
The Union Cabinet has approved a proposal to include Vande Mataram under the Prevention of Insults to National Honour Act, 1971. This move places the national song on par with Jana Gana Mana. Disruption during its rendition will now be a punishable offense. An amendment bill will be presented in Parliament. Penalties will include imprisonment up to three years.
Banks cede consumer durable loans to NBFCs as credit cards take over small-ticket financing
Bank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for these purchases. Non-banking finance companies are taking over this market. This trend is driven by the small loan amounts involved. Consumer durable loans represent a tiny fraction of total bank lending. This shift is expected to continue.
Supreme Court slams misuse of PIL for publicity
The Supreme Court has expressed strong disapproval of the increasing misuse of Public Interest Litigation. Justice BV Nagarathna observed that PILs are now often used for private, publicity, financial, and political interests. The court emphasized that it will only entertain genuine and real Public Interest Litigations.
Election cash doles may trigger short-term consumption boost in apparel, smartphones, liquor: CEOs
Cash handouts from recent state elections are expected to boost spending on items like apparel, smartphones, and electronics. Consumers, especially those with lower and middle incomes, may use this extra money for discretionary purchases. This could provide a welcome demand boost for retailers. Alcohol sales are also likely to see an immediate increase.
Bihar cabinet expansion oath ceremony on May 7, PM Narendra Modi and Amit Shah to attend
Bihar's NDA government is set for a major cabinet expansion on May 7. Twenty-seven new ministers are expected to take oath, strengthening the administration. The expansion follows the recent change in leadership. Key allies will receive berths, with some ministers likely to continue their roles. This move aims to bolster governance in the state.
BJP, TMC workers killed in West Bengal post-election clashes: Police
Post-poll violence erupted in West Bengal on Tuesday. A BJP worker, Madhu Mondal, died in New Town after an alleged attack by TMC workers. In Birbhum, TMC worker Abir Sheikh was killed. Incidents of arson and vandalism were reported at TMC offices. State BJP chief Samik Bhattacharya emphasized a change in political culture and zero tolerance for violence.
Iran's Abbas Araghchi off to China in first visit since war
Araghchi will hold talks with his Chinese counterpart Wang Yi, Iran's Foreign Ministry said in a statement on Telegram. Iran didn't reveal the duration of the visit, only saying he would discuss regional and international developments.
PNB Q4 net profit rises 14% YoY to 5,225 crore; targets 2 lakh crore digital book in FY27
Punjab National Bank is seeing strong digital growth, sanctioning one in three loans digitally and crossing 1 lakh crore in digital sanctions. The bank reported a 14% profit jump for the fourth quarter of FY26. PNB anticipates further growth in retail term deposits and aims for a 12-13% credit growth in FY27. Digital transactions now exceed 95% of total transactions.
Nepal to procure 80,000 tonnes of fertiliser from India as Iran disrupts global supply chains
Nepal will purchase 80,000 tonnes of fertilizer from India through a government-to-government deal to mitigate the impact of global supply disruptions and rising prices on its farm output. This one-time purchase aims to address a projected shortfall for the upcoming paddy transplantation season, as escalating global costs have reduced Nepal's overall import capacity.
Moody's flags India as most resilient emerging market since 2020
India is a strong emerging market, managing global shocks effectively since 2020. Early policy reforms and robust buffers are key. Predictable monetary policy and inflation targeting have anchored expectations. Large foreign exchange reserves stabilize currency and boost investor confidence during global stress. India's resilience is a significant development.
A new report from the Prime Minister's Economic Advisory Council suggests boosting India's care economy. It calls for a special fund, better-paid workers, and policy changes. Demand for care workers is expected to reach over 30 million by 2050. The proposals aim to transform care from a private issue to a vital economic infrastructure.
Quote of the day by Jacqueline Kennedy Onassis: She believed that expressing oneself is crucial for clarity, connection, and influence. Her words highlight how speaking, writing, and sharing feelings transform confusion into understanding and silence into relationships built on honesty. This ability to express oneself is the first step towards personal growth and societal change.
'Is Trump eligible for 3rd term?': Shocking moment when Sen Coons puts judicial nominees on the spot
Employee's toxic boss threatened to blacklist him here's the smart way he outsmarted him completely
Fake reference job strategy is rising fast in modern hiring trends. Nearly 70% employers still rely on reference checks. That single call can decide careers. This makes the fake reference job strategy a growing reality. Many professionals face toxic bosses and unfair threats. Some lose opportunities without explanation. So candidates take control of their narrative. They prepare answers. They manage perception. This is not random deception. It is a response to a flawed hiring system.
Student loan rules are changing soon. Some plans are ending while new ones are coming. The SAVE plan is already removed. From July 1, 2026, many borrowers will have fewer repayment choices. New plans like RAP will depend on income. Your loan date will decide your options. Borrowers must check their plans early to avoid confusion and sudden changes later.
'Wave the white flag of surrender, else': Trump's chilling warning to Iran; All-out war again?
Say that Noem was wrong: Menendez vs Zeldin brawl erupts over Kristi Noems $200M DHS Ad campaign
Contradicting yourself & looking fool: Barragan rips EPA over Chemical Safety Board funding cuts
Why are oil prices down today, and will Brent and US WTI crude futures continue to fall or rise again? Oil prices fell about 3% after a fragile ceasefire between the United States and Iran held and a ship moved through the Strait of Hormuz. The market reacted to reduced supply risk and hopes of shipping recovery. Analysts now watch inventory data and geopolitical risks to understand whether Brent and US WTI crude futures will fall further or rise again.
I get it that mid-term coming up: Zeldin lashes out as Pingre exposes EPAs chemical industry ties
Latin Proverb of the Day: The ancient Latin proverb Quis custodiet ipsos custodes? questions who will guard the guards themselves, highlighting the timeless concern of unchecked power. This phrase, originating from Juvenal, emphasizes the critical need for accountability in governance, legal systems, workplaces, and even personal relationships. It underscores that power requires oversight to prevent misuse and maintain trust.
A chartered accountants viral thread explains why earning a high salary does not always lead to real wealth. He points out that as income rises, expenses often increase faster due to lifestyle upgrades, EMIs, and social pressure, reducing savings and financial flexibility. Even with a 30 lakh salary, high fixed costs and taxes can leave little room for wealth creation.
Constructing 15 kilometres bullet train track every month: Ashwini Vaishnaw
India is accelerating bullet train development, constructing 15 kilometers of high-speed track monthly. The first bullet train project is slated for an August opening next year. Future projects will utilize standardized components to boost local manufacturing. Seven new high-speed corridors are planned, spanning nearly 4,000 kilometers and attracting significant investment.
Emcure eyes India growth, global deals amid strong demand
Emcure Pharmaceuticals is boosting domestic expansion, R&D, and manufacturing. The company is also exploring acquisition opportunities in India and internationally. New products are expected to drive significant growth. Emcure's partnership with Novo Nordisk for GLP-1 therapies and a pipeline of complex injectables will support future momentum.
The new Income-Tax Act 2025 replaced the original Tax Deducted at Source forms Form 15G and 15H with a single Form 121, as part of the government's move to streamline and simplify India's tax codes.
Congress claims TVK chief Vijay has sought its support for govt formation in Tamil Nadu
Congress leaders met to discuss the Tamil Nadu election results. TVK chief Vijay has sought Congress support to form a government. The party leadership has asked the Tamil Nadu unit to make the final decision. Congress emphasized the mandate is for a secular government. They are determined to prevent the BJP from governing Tamil Nadu.
Amit Shahs prediction comes true as BJP ends Mamata Banerjees 15-Year rule
Amit Shah's bold prediction of Mamata Banerjee's defeat in West Bengal has proven remarkably accurate, marking a significant shift in eastern India's political landscape. The BJP's victory, extending its reach beyond traditional strongholds, was meticulously planned by Shah, who invested heavily in the state's campaign, focusing on Hindu consolidation and welfare promises.
An employee claimed he was fired within a week of joining after he raised a concern about not being paid for his first day. After contacting payroll, he was told to route such issues through his manager, and the matter appeared to be fixed. However, the next day he was informed that it just isnt working out. When he asked what went wrong, he did not receive a clear answer.
The psychology of people who remain silent in meetings suggests that their quietness is rarely accidental. Personality, environment, past experiences and individual thinking styles often influence it.
The African proverb of the day, If you educate a man, you educate one person. If you educate a woman, you educate a whole family, highlights the deeper meaning of education as a force that extends beyond the individual and shapes entire generations. The saying reflects lessons about empowerment, social responsibility, and the interconnected nature of human life. African wisdom that emphasizes community growth, shared learning, and the importance of investing in education as a foundation for long-term social progress and stronger, more stable societies.
Claude Opus 4.7 arrives: Anthropic targets Wall Street with powerful AI for finance
Anthropic is growing fast in the finance space with its new AI model Claude Opus 4.7. The company is offering smart tools for banks and businesses to handle tasks like data work and reports. This move is raising concerns in the software market as AI starts replacing traditional tools and changing how companies work.
Vance quietly votes in Ohio, backs Jon Husted as Governor race heats up with Vivek Ramaswamy in lead
Cabinet approves 23,437 crore railway expansion across 6 states: Ashwini Vaishnaw
APOLOGISE right now!: GOP lawmakers grill Tim Walz over Minnesota Somali fraud
Call of Duty skips PS4 as Activision confirms shift, check impact on Xbox One users
Activision has confirmed the next Call of Duty title will skip PlayStation 4, signaling an end to cross-generation releases. This move allows developers to focus on newer consoles, potentially enhancing performance and gameplay by shedding the constraints of older hardware. The decision raises questions about Xbox One support, as both consoles share similar architecture.
What is deadly hantavirus, and how does its human to human transmission occurs? The WHO said suspected human to human hantavirus transmission happened among close contacts on a cruise ship near Cape Verde. Several passengers died and others need medical care. Authorities plan evacuations and testing. The public risk remains low because the virus usually spreads through infected rodents. Investigations continue to confirm the strain and trace contacts.
Todays quote by Jim Rohn on attention, focus, discipline, and success: Quote of the day by Jim Rohn highlights a truth many ignore. Attention shapes outcomes. In the age of AI, attention is the key to success. Data is everywhere. Distraction is constant. Studies show average focus spans are shrinking fast. This changes how people think and decide.
KEC International bags new orders worth Rs 1,002 crore
RPG Group firm KEC International announced new orders totaling Rs 1,002 crore. These orders span transmission and distribution, renewable energy, and transportation sectors. The company secured a significant HVDC transmission line order in Western India. Renewable energy business received an order for a 100+ MW wind project in Southern India. Transportation business secured orders in the automatic block signalling segment.
Micron stock price today: Micron Technology's stock is soaring, hitting an all-time high and nearing a $700 billion market cap. This surge is fueled by the launch of a massive 245TB SSD and robust AI-driven demand for memory chips. Fitch Ratings even upgraded Micron's credit, citing improved financials and revenue visibility. The entire storage sector is benefiting from this AI boom.
Tenant rights in India: How much of security deposit can be legally deducted by your landlord?
Security deposit rules in India, guided by the Model Tenancy Act, 2021, vary by state and dictate how much landlords can collect and under what conditions deductions may occur. Details here.
President Trump congratulates PM Modi on his 'historic and decisive' election victory
US President Donald Trump has congratulated Prime Minister Narendra Modi on his election win. A White House spokesman shared President Trump's admiration for Prime Minister Modi. The congratulations follow the recent election results. The Bharatiya Janata Party secured a significant majority in West Bengal. The party also retained power in Assam for a third term.
An interns Reddit post about workplace trust has struck a chord online after he shared how confiding in a colleague may have cost him a full-time job offer. He said he vented about his team lead to a fellow intern he thought was a friend, but soon after, his managers behaviour changed and his expected conversion was delayed with unclear reasoning. Despite strong performance feedback, he was asked to extend his internship.
Martha Washington, the first First Lady of the United States, shared a simple message about staying happy in all situations. Her life had both good and difficult times, but she stayed strong and positive. This quote teaches us to keep a cheerful mindset, even during problems, and reminds young people that attitude matters a lot in life.
CA Kaushik believes that ordinary investors should not take advice from influencers who push for 100 crore retirement fund, calling it a mathematical impossibility and math scam. He feels that 2-3 crore or even up to 5 crore are strong, realistic numbers.
Success quote of the day by the American businesswoman Este Lauder: Most good ideas sparkle in simplicity, so much so that everyone wonders why no one ever did it before highlights the power of simplicity in innovation and business success. It reflects how the most impactful ideas are often the easiest to understand and apply. It also serves as guidance for entrepreneurs, showing that success in business often comes from refining simple ideas, communicating them clearly, and executing them with consistency and confidence in competitive markets.
DFS approves viability plan 2.0 to improve operational efficiency of RRBs
The Department of Financial Services has approved Viability Plan 2.0 for Regional Rural Banks. This three-year plan, from 2025-26 to 2027-28, aims to boost financial stability and operational efficiency. It focuses on four key pillars: operational excellence, asset quality, profitability, and growth. The plan will monitor critical metrics like CRAR and digital adoption.
Thought of the day: Diogenes was not a thinker who pursued influence through political systems or institutions. Instead, he cast himself as a critic of them. His philosophy centered on reducing life to its essentials, questioning what truly matters and exposing what does not.
NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearing
The appellate tribunal NCLAT has overturned a Rs 301.6-crore penalty against Grasim Industries. The fair trade regulator CCI must now hear the Aditya Birla Group firm again. NCLAT found Grasim was not given a chance to present arguments after the CCI differed from its probe unit's findings. The case concerns alleged dominance in the viscose staple fibre market.
Indian Cabinet approves 5,659 crore for 5-year tenure Cotton Productivity Mission
Initially, 140 districts will be focussed in 14 States through State Department of Agriculture and ICAR for upscaling the technologies by involving 2000 ginning/ processing factories
Bengaluru rain commute sparks outrage as woman claims 1200 auto fare for 15 km
A Bengaluru content creator's video highlighted a friend's 1,200 auto fare for a 15 km ride. Heavy rain and peak traffic caused the three-hour commute. The high cost aimed to prevent cancellations. Many users related to these travel challenges. Limited public transport and high demand contribute to increased fares during such conditions.
Quote of the Day by Karl Marx: Karl Marx, the 'Father of Communism,' profoundly influenced global political systems with his revolutionary ideas. His quote, 'The only antidote to mental suffering is physical pain,' highlights how individuals cope with emotional distress through physical experiences. This concept remains relevant today as people often turn to physical outlets to manage modern life's mental strains.
Chinese proverb of the day: This proverb emphasise tackling issues at their source. Cutting grass at the root prevents regrowth, a lesson for life's challenges. Quick fixes offer temporary relief but fail to resolve underlying causes. True, lasting solutions require understanding and addressing the core of a problem. This approach fosters personal growth and prevents recurring difficulties.
A former JPMorgan banker allegedly faked his father's death to take bereavement leave. Chirayu Rana then filed a lawsuit against executive Lorna Hajdini. He accused her of sexual abuse and drugging him. Rana's father is alive and unaware of the situation. The lawsuit was later withdrawn. JPMorgan conducted an investigation and found no merit.
61% chance of El Nino emerging before July, says US Climate Prediction Center
Since February, above-average sea surface temperatures (SSTs) have emerged in the far-eastern equatorial Pacific
Banks record robust 15.9% credit growth in FY26: Finance Minstry
Indian banks saw strong credit growth of 15.9 percent in the 2025-26 fiscal year. This reflects a vibrant economy and high demand for loans. Services, personal loans, agriculture, and industry all contributed to this expansion. The Finance Ministry highlighted India's resilience as the world's fastest-growing major economy amidst global challenges.
Cabinet approves 10/quintal hike in sugarcane price for 2026-27 season
The Indian Sugar and Bio-energy Manufacturers Association has noted that while the FRP (365 per quintal) increase rightly supports farmers, it also raises the cost of raw material for mills
Donald Trump's drugmaker deals may save economy $529 billion over 10 years: White House
President Trump's administration projects significant savings from deals with drug companies. These agreements aim to lower US prescription drug prices to match those in other developed nations. The White House estimates over $500 billion in savings over the next decade. This policy is a key focus for the upcoming midterm elections. Democrats have expressed skepticism about the claimed savings.
Auto sales jump 13% to 2.61 million units on strong demand tailwinds
Vehicle sales saw a significant 13% jump last month, reaching 2.61 million units. This surge marks the best-ever April for most vehicle categories. Strong rural demand, GST benefits, and lower interest rates fueled this growth. Industry experts anticipate this positive trend to continue. The automotive retail sector has started the new financial year on a robust note.
What CEOs can learn from PM Modi: Dr Ram Charan | ET Titan Talks
MoD inks Rs 1,476 cr contract with BEL for 5 ground-based mobile electronic systems for Indian Army
The Defence Ministry has awarded a significant contract worth Rs 1,476 crore to Bharat Electronics Limited. This deal will bring five advanced ground-based mobile electronic systems to the Indian Army. These systems are set to enhance the Army's surveillance capabilities and networking infrastructure.
Quote of the day by Booker T. Washington: His wisdom reveals true success lies in overcoming challenges. It is not about reaching a position but the struggles faced and conquered. Washington, born into slavery, rose to lead Tuskegee Institute. This perspective encourages valuing personal growth and effort over external validation. It reminds us that every journey has unique hurdles.
US stock market surges today: why Dow Jones, S&P 500, and Nasdaq are rallying sharply despite global tensions? The Dow Jones Industrial Average jumps over 350 points. The S&P 500 pushes to fresh highs. The Nasdaq Composite climbs nearly 250 points. Crude prices dropped sharply, with WTI falling around 3%. Companies like Pfizer and Anheuser-Busch delivered stronger-than-expected results. Apple, Amazon, and semiconductor stocks are pushing higher.
Delhi airport sees flight diversions due to rains and thunderstorms
Delhi experienced significant weather changes on Tuesday. Rain and thunderstorms led to five flight diversions at the Delhi airport. Temperatures dropped sharply, bringing much-needed relief from the heat. The city also recorded its cleanest air of the year. The weather department has issued a yellow alert for isolated rain later.
Quote of the day by the first female U.S. Secretary of State Madeleine Albright: The powerful quote highlights the journey of finding ones voice through experience, perseverance, and self-belief. Once that voice is found, however, it becomes a powerful tool that should not be suppressed. Her words encourage individuals to overcome fear, break silence, and express their thoughts with courage.
Siemens Mobility delivers first of 1,200 electric freight locomotives to Indian Railways
Jointly opens first maintenance depot in Visakhapatnam with Indian Railways
Guardant Health to launch blood-based cancer test in India with Zydus Lifesciences
Guardant Health is set to introduce a groundbreaking blood test in India for early cancer detection. This multi-cancer test, developed with Zydus Lifesciences, aims to identify various cancers like lung, breast, and prostate. The initiative targets India's high cancer burden and low screening rates.
Where is USAF second tanker Boeing KC-46 Pegasus, and why did it declare emergency over Persian Gulf? A US Air Force tanker squawked 7700 over the Persian Gulf after flying from Tel Aviv and crossing the Strait of Hormuz. Another KC-135 tanker earlier transmitted the same emergency code and disappeared from radar. Reports mention GPS jamming, unknown aircraft status, and no official confirmation yet. This explainer covers the emergency code, flight plan, FL220 altitude, and what is known.
