35 C 
DMRC and IOCL launches hydrogen-powered buses in Central Vista amid fuel-saving push
Ankur Warikoo course business closure: Indian entrepreneur Ankur Warikoo has surprised many by closing his successful online courses business. The venture reportedly earned over Rs 100 crore. Warikoo stated it no longer makes sense to continue. This announcement has led to widespread speculation online about his next move. Some believe it's a marketing tactic for a new venture.
India's exports touched a record USD 863 billion in FY26 despite global geopolitical tensions and disruptions in international trade, Commerce and Industry Minister Piyush Goyal said on Friday, asserting that the country remains on track to achieve its USD 2 trillion exports target by 2030.
Quote of the Day by Epictetus: Epictetus quote means that life events do not create a persons true character; they simply expose it. According to Stoic philosophy, every individual already has inner qualities such as courage, patience, anger, or resilience, but these traits become visible only when they are tested by real situations. In moments of comfort, people may appear strong or calm, but it is during hardship, failure, or stress that their true nature is revealed.
India's trade with BRICS nations shows strong growth. However, a widening trade deficit is a major concern. Imports from BRICS are rising faster than exports. Russia is a key import source. India aims to balance import dependencies and boost outbound shipments. The expanded BRICS bloc holds significant global influence.
How the Mideast war brought UAE, Israel closer together
After facing barrages of Iranian missiles that threatened its economic future, the UAE has moved closer to Israel, widening a split with ally-turned-rival Saudi Arabia and placing it in defiant opposition to Tehran. But its closer cooperation with Israel risks further antagonising Iran, which the UAE views as its biggest threat, and puts Abu Dhabi at even greater odds with Saudi Arabia, which along with much of the Gulf has come to see Israel as the region's main rogue actor.
Spotify users across the world suddenly noticed something unusual this week. The familiar green Spotify logo looked different. A shiny disco ball icon replaced the classic design, triggering massive searches for Spotify new logo, Spotify disco ball icon, and why did Spotify change its logo. The change celebrates Spotifys 20th anniversary and its new Spotify 20 experience.
Criminal breach of trust case registered against ex-Yes Bank CEO Rana Kapoor, others
Mumbai Police have filed a case against former Yes Bank MD Rana Kapoor and others. The FIR alleges illegal transfer of mortgaged property worth Rs 1,000 crore. A loan was transferred without it being classified as a Non-Performing Asset. Properties were allegedly sold below market value. Investigations are ongoing.
A 25-year-old former American Express employee has gone viral after revealing why he quit his corporate job and decided to leave India to pursue content creation. Sarthak Singh, who had earlier dropped out of engineering before completing a hospitality degree, said the comfort and routine of corporate life were stopping him from exploring his potential.
Magnitude 6.3 earthquake hits northern Japan
A strong 6.3 magnitude earthquake shook northern Japan on Friday. The tremor occurred in Pacific waters off Miyagi prefecture. No tsunami warning was issued by the Japan Meteorological Agency. There were no immediate reports of damage. Nuclear power plants in Miyagi and Fukushima reported no abnormalities. Bullet train services were temporarily suspended.
Centre to procure onions at Rs 12.35 per kg rate from farmers, says Chouhan
Onion farmers will receive Rs 12.35 per kg for their produce. Union Agriculture Minister Shivraj Singh Chouhan announced this procurement price. The government will buy all available stock. This move aims to support growers facing falling prices. Onion exports have been impacted by the West Asian crisis. Directives have been issued to NAFED for procurement.
Punjab schools shine: 416 govt schools achieve 100% pass rate in Class 12
Punjab government schools have achieved a remarkable 100% pass rate in the PSEB Class 12 examinations. Girls have once again demonstrated academic superiority, excelling in both merit and overall pass percentages. This success reflects significant improvements in government educational institutions. Three students achieved perfect scores, with the Chief Minister congratulating them and promising support for their future endeavors.
Auto, taxi fares in Delhi, Mumbai may rise 12 on CNG price hike
The Mumbai Rickshawmens Union has written to the Mumbai Metropolitan Region Transport Authority (MMRTA) seeking a 1 increase in the minimum auto-rickshaw fare, from 26 to 27
Gift tax rules explained: Who can give you money or assets without tax implications?
Gifts exceeding 50,000 are taxable under the Income Tax Act as income from other sources. Exemptions apply for gifts from relatives or on special occasions. Full list of exemptions here.
BRICS Foreign Ministers: No joint statement amid differing views on West Asia
Outcome document/ Chairs statement issued by India noted that members sought an early resolution to the current crisis
SC appointed panel says all deals involving Supertech Realtors' project need its approval
A Supreme Court committee now requires prior written approval for any property deals in Supertech Realtors' Noida 'Supernova' project. This applies to sales, transfers, and creation of third-party rights. Transactions without this permission will be void. The committee aims to revive the stalled project, with PwC appointed as Transaction Advisor. Justice M M Kumar chairs the committee.
Breaking Bad? Chemistry lecturer from Pune named as alleged NEET-UG 2026 leak kingpin
The CBI has identified P.V. Kulkarni as the alleged kingpin behind the NEET-UG 2026 exam paper leak. Kulkarni, a chemistry lecturer, is accused of leaking questions to students through special coaching sessions. The agency has arrested seven individuals in connection with the leak. Investigations are ongoing to uncover the full extent of the conspiracy.
Air India receives second tailor-made Boeing 787-9 Dreamliner
The aircraft, registered as VT-AWB, features the airlines new livery and is part of Air Indias fleet modernisation and transformation strategy after privatisation in 2022
What does Tamil Nadus real estate industry want from TVK?
Builders and developers seek faster approvals, higher FSI limits, stronger infrastructure and expedited rollout of the proposed Parandur airport project
India's trade with West Asia contracts for second straight month in April amid shipping disruptions
April marked a downturn in Indias trade relationship with West Asia, as both exports and imports experienced a staggering reduction of more than 28%. The unrest linked to the US-Iran situation has severely disrupted shipping operations, affecting vital trade channels. This decline particularly threatens major Indian sectors, including jewels and engineering products, as well as oil.
RBI imposes penalty on IIFL Finance
The Reserve Bank of India has fined IIFL Finance Rs 3.1 lakh for not returning surplus amounts from gold auctions to borrowers. Appnit Technologies faces a Rs 5.8 lakh penalty for KYC and PPI rule violations. These actions stem from regulatory compliance deficiencies identified during inspections. The RBI's move highlights its commitment to enforcing financial regulations.
How Indian meditation practices are gaining ground across the globe
Indian meditation is gaining popularity worldwide. Major cities like London, New York, and Toronto are seeing more meditation programs. People are seeking ways to manage stress and anxiety from modern urban life. These practices, rooted in Indian traditions, offer balance and emotional well-being. Scientific research supports their benefits, making them a key part of global wellness conversations.
Maharashtra cuts value added tax on jet fuel
The move will benefit airlines which are facing increased cost pressure due to rise in jet fuel prices and marks a success for civil aviation ministrys efforts to lower their burden
From kitchen storage to recycling bins: How Deposit Refund Schemes can change Indias plastic economy
India is exploring Deposit Refund Schemes (DRS) to tackle plastic waste, where consumers pay a small deposit on packaged products, refunded upon return for recycling. This initiative aims to improve collection rates and boost the recycling system, though integration with the existing informal sector and consumer convenience are key challenges.
Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pc
India saw a significant jump in gold imports in April, reaching USD 5.62 billion. This surge was driven by high prices. However, the government has sharply increased customs duty on gold and silver. This move is expected to lead to lower import volumes in the coming months. Silver imports also saw a substantial rise.
Nearly half of Indias online orders are still COD. Why cash on delivery isnt fading in the UPI era
Cash on delivery continues to drive India's online shopping. Many first-time buyers, especially in smaller towns, prefer to pay after receiving goods. This method builds trust where digital payment familiarity is growing. Businesses are using data to manage COD risks. As digital literacy and logistics improve, prepaid orders will increase, but COD remains a key entry point for many.
Amazon Layoffs Hit Selling Partner Services: The latest Amazon layoffs are tied directly to the companys broader restructuring efforts. According to company statements, the layoffs will affect a small number of employees within the Selling Partner Services division. Amazon said it routinely reviews organizational structures to ensure teams remain aligned with long-term business goals and operational priorities.
A techie's interview for an AI/ML drone startup ended abruptly when the HR representative left the call after being asked about the company's revenue model. The candidate was initially offered a two-month unpaid internship, sparking debate about startup transparency and the fairness of such questions.
UDF says full Cabinet to take oath on May 18, ministerial list to be finalised shortly
The new Kerala government cabinet is set for a swearing-in ceremony on Monday. Minister lists are expected to be finalised soon. UDF allies held a formal meeting in Thiruvananthapuram. Preparations for the Monday ceremony are underway. The full cabinet aims to take the oath on the same day. Details of the cabinet will be disclosed on Saturday.
Hindu party files caveat in SC in Bhojshala complex dispute case
A Hindu party has filed a caveat in the Supreme Court. This follows a Madhya Pradesh High Court ruling. The court declared the Bhojshala complex a temple for Goddess Saraswati. It also cancelled an ASI order from 2003. This order had permitted Muslims to offer prayers on Fridays. The Muslim community can seek land for a mosque.
Beyond metros: How small towns are driving the next wave of Indias e-commerce
India's e-commerce boom is expanding beyond metros, with Tier-2 and Tier-3 cities now driving significant new demand. Improved internet, digital payments, and logistics are unlocking this potential, transforming smaller towns into the core of digital commerce growth. Businesses are adapting with distributed infrastructure and D2C models to serve this evolving market.
Air India's challenges 'largely external', transformation a long game: Singapore Airlines CEO
Air India's transformation is a long journey with no quick fixes, according to Singapore Airlines CEO Goh Choon Phong. The Indian carrier faces significant external challenges. These include the ongoing Pakistan airspace closure and a depreciating rupee. Air India's losses were substantial in the last fiscal year. The company is actively working on its transformation program.
Gems & jewellery exports fall 9% in April to Rs 20952 cr
Indian gems and jewellery exports saw a dip in April 2026. Geopolitical tensions and cautious buyer sentiment impacted trade. While cut and polished diamonds and plain gold jewellery faced pressure, silver, platinum, and studded gold jewellery showed strong growth. This performance reflects global economic headwinds and evolving consumer preferences.
We never wanted nuclear weapons: Iran FM says ceasefire is shaky, talks hit by lack of trust
'JUST ANSWER YES or NO!': Rep. Gill EXPLODES on Democrat lawyer for helping convicted illegal alien
African proverb of the day highlights the message that self-love is the highest form of love and the base of relationships, inner peace, and self respect. The proverb explains why valuing yourself shapes how others treat you. It also shows how personal well-being supports emotional balance and growth. This explainer shares the meaning, relevance, and lessons from inspiring African proverbs you should know today.
NABARD acquires leasehold rights to MTNLs BKC campus in Rs 351 crore deal
NABARD has made waves by securing a prestigious commercial site in Mumbais vibrant Bandra-Kurla Complex. The development-focused institution acquired leasehold rights from MTNL for more than 350 crore rupees, which includes two significant structures on a substantial land parcel.
Quote of the Day by Bruce Lee highlights the powerful message behind his famous words: I'm not in this world to live up to your expectations and you're not in this world to live up to mine. The famous quote encourages individuality, emotional freedom, and authentic living instead of constantly seeking approval from others. Bruce Lee reminds people that every individual has their own journey, goals, and identity, and healthy relationships should be built on understanding rather than control.
Dhar Bhojshala site temple of Goddess Saraswati, says MP High Court: Adv Vishnu Jain gives details
PM Modis security cannot be compromised for fuel savings, says former R&AW chief
Former R&AW Secretary Samant Goel has opposed reducing Prime Minister Narendra Modi's convoy and security, citing evolving threats like drones and sniper attacks. He emphasized that the Prime Minister's safety is a national interest and should be strengthened, not scaled down, especially given the volatile global security environment and ongoing threats from neighboring states.
The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check eligibility for a possible $10,000 payout after the massive Comcast data breach. The cyberattack, linked to exposed customer records in October 2023, reportedly leaked usernames, passwords, Social Security details, birth dates, and private account recovery information. Now, consumers face a deeper reality about digital security and identity theft risks in Americas connected economy. Eligible Comcast customers can file settlement claims before the August 14 deadline, while final court approval is expected in July 2026.
Unemployed 'youngsters like cockroaches' become media, activists; attack system: CJI
Chief Justice of India Surya Kant made strong remarks about unemployed youth. He compared them to cockroaches who later become activists. The Chief Justice also criticized a lawyer pursuing senior advocate status. He questioned the lawyer's conduct and suitability for the designation. The Supreme Court bench expressed concerns about the integrity of legal degrees. The lawyer eventually withdrew his petition.
6 outdoor plants that can help keep snakes away
Snakes and lizards often become more visible around homes during warmer months, especially near gardens and damp corners. These six outdoor plants, including lemongrass, marigold and tulsi, are commonly believed to naturally discourage reptiles while also making Indian home gardens greener, fresher and easier to maintain.
Iran has 'no trust' in US, will negotiate only if it is serious: Araqchi
Iran expresses distrust in the United States, stating negotiations will only occur if Washington is serious. Talks to end the ongoing conflict are currently stalled. Iran allows passage through the Strait of Hormuz for vessels not at war with Tehran, provided they coordinate with its navy. The situation remains complex.
Friedrich Nietzsche believed that enduring conversation is the cornerstone of lasting marriage, surpassing fading passion and shifting circumstances. True love involves a partner who keeps your mind engaged and heart at ease, with healthy relationships built on mutual understanding, respect, and continuous curiosity rather than perfection.
A folk singer in Gujarat continued his performance amidst a massive cash shower from devotees. Gopal Sadhu was nearly buried under currency notes during a traditional Dayro event. The viral video shows his calm demeanor. Such cash showers are a tradition in Gujarat, often for community welfare. Similar incidents have gone viral before.
Buying or selling property in India as an NRI? Here are the rules you should know
Non-Resident Indians can buy property in India under FEMA and RBI regulations. They may purchase residential and commercial properties, but agricultural land is subject to restrictions.
Officers Choice whiskey maker targets premium spirits segment despite war-linked inflation worries
Allied Blenders and Distillers sees strong growth in premium spirits. The company prioritizes profitability over mass volumes. This strategy focuses on premium and luxury segments for future expansion. Demand for higher-margin products remains steady. The company expects improved EBITDA margins by fiscal year 2028. Supplies to Middle Eastern markets are resuming.
Trump wanted to go nuclear, stopped as Joint Chiefs Chairman said no: Ex CIA Analyst
Former CIA analyst Larry Johnson revealed President Donald Trump inquired about using nuclear weapons. Chairman of the Joint Chiefs of Staff Dan Caine reportedly denied the request. Johnson stated Caine's firm refusal prevented nuclear action. Trump later publicly affirmed no nuclear weapons would be used. This discussion occurred amidst discussions on Iran's nuclear proposal.
Baby at Christmas, breakup by Mother's Day: Pete Davidson and Elsie Hewitt are done
Pete Davidson and Elsie Hewitt have ended their relationship only months after welcoming daughter Scottie Rose in December 2025, reports claim. Although neither Davidson nor Hewitt has publicly confirmed the breakup, sources claim the pair is now concentrating on co-parenting their daughter and maintaining stability for their child moving forward.
Unemployment rate hits six-month high of 5.2% in April
India's unemployment rate climbed to 5.2% in April, a six-month peak. Rural joblessness saw an increase, while urban unemployment eased to a year-low. Urban female unemployment declined significantly. Youth unemployment edged up, with a sharp rise for young women. Labour force participation and the worker population ratio also saw a slight decrease.
Drones, UAS no longer just eyes in sky, but like 'claws in the sky': Air Chief Marshal A P Singh
IAF Chief Air Chief Marshal A P Singh stated that drones are now claws in the sky, extending air power and emphasizing the need for complete domain awareness and coordination among services. He highlighted the evolving nature of aerial threats and the necessity for rapid innovation and adaptation in counter-UAS technology, stressing the importance of manned-unmanned teaming for future warfare.
India's forex reserves jump by $6.295 billion to $696.988 billion
India's foreign exchange reserves saw a significant increase. Reserves rose by over six billion US dollars in the week ending May 8. This surge brought the total reserves to nearly 700 billion US dollars. The rise was driven by increases in foreign currency assets and gold reserves. This marks a positive development for the country's financial standing.
Supreme Court mandates virtual hearings, WFH amid war-driven fuel conservation push
The Supreme Court of India is adopting new measures to conserve fuel. All miscellaneous hearings will now be conducted via video-conferencing. Judges will car-pool to reduce travel. Registry staff can work from home up to two days a week on rotation. These changes aim to support the government's fuel conservation directive.
US scraps deployment of 4,000 troops to Poland
The Pentagon has canceled plans to temporarily deploy 4,000 U.S.-based troops to Poland, a decision that raises questions about President Trump's expected troop cuts in Europe. This move follows a recent announcement to withdraw 5,000 troops from Germany, with officials suggesting it's a logistical adjustment. Polish leadership received assurances that security would not be impacted.
DISPUTED DHAR SITE IS TEMPLE MP HIGH COURT RULES
The Indian Air Force has achieved self-reliance by overhauling the Indian Navy's MiG-29K ejection seat in Nashik. This task was previously done in Russia. This marks a significant step in defence manufacturing. Meanwhile, Defence Minister Rajnath Singh laid foundation stones for strategic aerospace and defence projects in Andhra Pradesh.
Govt extends bid deadline for Rs 7,280 crore rare earth magnet scheme till June 29
India is boosting its manufacturing of powerful rare earth permanent magnets. The government has extended deadlines for a major scheme to encourage domestic production. This initiative aims to build a complete value chain for these magnets. It will reduce import dependence and position India as a key global player.
6 easy ways to reduce fuel consumption after petrol, diesel price hike
Fuel prices are rising again in India, but small driving habits can help reduce petrol expenses. From removing extra weight from your car to checking tyre pressure and using AC wisely, these six simple fuel-saving tips can help Indian drivers improve mileage and lower their monthly fuel bills.
India moves to buffer economy against Iran war fallout
India is taking urgent steps to protect its economy. Fuel prices have risen. Gold imports are restricted. Local government staff in Delhi are working from home to save fuel. Sugar exports are temporarily banned. These actions aim to conserve foreign exchange reserves amid global pressures. The nation faces challenges from rising oil prices and foreign investor outflows.
Govind Jaiswal's journey from poverty in Varanasi to becoming an IAS officer is inspiring. Facing discrimination and hardship, he was determined to change his circumstances. His father's sacrifice enabled his preparation in Delhi. Jaiswal cracked the UPSC exam at 22 on his first try, proving language is not a barrier. He used his first salary for his father's medical treatment.
The domestic travel insurance policy provides protection against several travel-specific risks and crises, including a personal injury benefit reaching 3 lakh and medical facility coverage up to 1 lakh during transit.
Oil supplies to India increased: Russia signals stronger energy cooperation at BRICS, Delhi
Monika Alcobev FY26 revenue up 39% to Rs 310.36cr, Q4 PAT up 22% to Rs 22.3 cr
Monika Alcobev has announced a substantial profit increase of 22 percent for the March quarter of FY25-26. The company's revenue also saw a significant rise. For the full financial year, profit grew by 39 percent. This growth was fueled by popular categories like premium tequila, Irish whiskey, and imported wines.
EPFO plans auto-settlement for final PF withdrawals. How will it benefit its 7 crore members?
The EPFO auto-settlement facility aims to accelerate final PF withdrawals, reduce paperwork and streamline account transfers through a fully digital system for its more than seven crore members.
How to lead the new generation: Dr Ram Charan explains | ET Titan Talks
India braces for more fuel hikes as Iran war forces Modis hand
Consumers in India are bracing for more fuel price increases. A recent modest hike in diesel and gasoline prices aims to ease the burden on households. However, refiners indicate significant losses due to high global oil prices. The government is encouraging fuel conservation measures. Further price adjustments are anticipated if crude oil prices remain elevated.
Trump says he hasn't determined whether to move forward on major arms package for Taiwan
US President Donald Trump has not yet decided on a significant arms sale to Taiwan. This comes after his recent three-day visit to China. Beijing strongly opposes the deal, viewing Taiwan's relationship with Washington as crucial. Trump stated he heard Chinese President Xi Jinping's opposition to Taiwan's independence but made no comment on the matter.
This is Jim Crow 2.0, its sick!: Gavin Newsom erupts over redistricting, 'attack on black voters'
BRICS talks end without joint statement, exposing divisions over war in Iran
BRICS diplomats met in Delhi but could not agree on a joint statement. Disagreements arose over the Middle East conflict, with Iran accusing the UAE of involvement. India, as host, released a chair's statement highlighting these differing perspectives. The grouping also called for the developing world to unite against global challenges.
The Central Information Commission has ordered the Lok Sabha Secretariat to reconsider its refusal to share bills for electronic items bought for over Rs 1.7 crore. The Secretariat must now either provide the bills or explain why they cannot be disclosed. This follows an RTI request for spending details on computer hardware and peripherals.
e-Vikas: Could this be answer to Indias fertiliser distribution woes | Interview with MP Agri Secy
Chandigarh-based founder and CEO Pratham Jindal recently shared on LinkedIn that he spends nearly 8 lakh every month on employees who do not directly generate revenue for his startup, Praper. Explaining the reasoning behind it, he said support roles like HR, admin, IT and operations help founders save time and focus on business growth instead of getting stuck in daily tasks.
India-U.K. trade deal hits late-stage sticking points just before implementation date
Commerce Secretary Rajesh Agrawal said that the two countries were working on creative solutions to the issues that have arisen related to steel.
Goods exports in April rise 13.8% to $43.56 billion despite West Asia trouble
Imports increase 10% to $71.94 bn during the month; trade deficit at $28.38 billion
Father smashes sons laptop after CBSE Class 12 result, social media debates fear-based parenting
A student's claim of abuse after poor CBSE Class 12 results, including their father smashing their laptop and forcing them to sleep on the floor, has sparked widespread debate. The incident highlights concerns about toxic parenting and academic pressure in India, with users criticizing fear-based approaches and advocating for support over punishment.
He accused the US of seeking to dominate global energy markets and sideline Russian firms. Amid West Asia tensions, Lavrov highlighted the privileged Moscow-Delhi partnership during the BRICS meeting.
Bumble removes swipe feature: After years of endless left-right swiping, Bumble says it is finally ready to move on from the feature that defined dating apps for an entire generation. The company has confirmed that swiping will disappear in select markets later this year as part of a major app reset focused on authenticity, AI-assisted matchmaking, and reducing dating fatigue.
UPI's per-day and per-transaction limit set at 2 lakh in Europe. What it means for users
The per-transaction and per-day limit for UPI Global Acceptance in Europe (peer-to-merchant) has now been increased to 2 lakh. Each member bank may set its own norms, subject to the overall applicable limits, NPCI has said.
Hafez Shirazi, a renowned 14th-century Persian poet, continues to inspire with his timeless verses. His poetry explores love, spirituality, and human nature. His wisdom advises protecting one's heart from harm and valuing inner peace. Hafez's work, known for its clear language, remains influential globally. His collection, the Divan, is widely celebrated.
Indias unemployment rate steady at 5.2% in April; rural joblessness rises to 4.6%
India's job market shows stability. The overall unemployment rate was 5.2% in April 2026. Rural joblessness increased slightly. Urban unemployment saw a small decrease. Labour force participation declined for both men and women. Worker population ratio also moderated. These trends indicate minor shifts in employment conditions across the country.
Food safety watchdog FSSAI seeks detailed explanation from Blinkit on poor quality egg complaints
India's food regulator FSSAI has asked quick-commerce firm Blinkit for an explanation. This follows consumer complaints about poor-quality eggs sold on their platform. FSSAI has taken suo-moto cognisance of these social media complaints. Blinkit has been directed to submit an action taken report within a week. Consumers reported bad odor and rubber-like texture in the eggs.
MP firecracker factory blast: NSA invoked against manager, 4 accused booked for culpable homicide
A devastating blast at a firecracker factory in Dewas has claimed five lives. Authorities have invoked the stringent National Security Act against the factory manager and owner. Culpable homicide charges have been filed against four individuals. The explosion also injured 23 workers, with three in critical condition. Investigations are underway by multiple agencies to determine the cause of the tragedy.
Maharashtra cuts ATF VAT from 18% to 7% to support airlines
The decision is also expected to strengthen the competitiveness of Maharashtras airports amid volatile fuel prices and disrupted international routes.
Eight Pakistani troops killed in nighttime storming of border outpost
Militants attacked a security outpost in Pakistan's northwest. A vehicle bomb and gun battle resulted in eight soldiers killed and 35 injured. This attack follows recent violence that has strained relations with neighboring Afghanistan. Pakistan blames Afghanistan for harboring militants, a claim Kabul denies. The Tehreek-e-Taliban Pakistan claimed responsibility for the incident.
Blackstone, CD&R explore bids for Ben & Jerry's owner Magnum
Private equity firms Blackstone and CD&R are exploring bids for Magnum Ice Cream Company. Magnum was recently spun out of Unilever. The firms are monitoring Magnum's share price before making a decision. Magnum could offer a turnaround opportunity for buyout firms. Magnum holds a significant share of the global ice cream market.
Indian Oil refineries are running at over 100 percent capacity. This ensures no fuel shortage at retail outlets. Prices for petrol and diesel have seen a small increase. The company is also focusing on alternative energy. Two hydrogen-powered buses have been provided to Delhi Metro. These buses offer zero emissions.
Apple seeks relief from amended Competition Act; Delhi High Court pauses CCI final order
The Delhi High Court has directed the Competition Commission of India to hold off on issuing a final order against Apple until July 15. This comes as Apple challenges a new law allowing penalties based on global turnover. The court wants to avoid making Apple's petition irrelevant before its own hearing.
US team likely to visit India next month for trade talks
US trade officials are anticipated to visit India next month for crucial trade talks, following India's delegation visit to Washington in April. Both nations are actively engaged in finalising details for an interim trade pact and advancing broader bilateral trade agreement negotiations.
China still drags its feet on rare earths sometimes, says US Trade Representative
Rare earth exports from China to the United States are showing improvement. However, some shipments still face delays in approval from Beijing. US officials are actively engaging with their Chinese counterparts to resolve these issues. This comes after China introduced export controls in April 2025. Despite a deal last October, restrictions persist on certain rare earths.
