34 C 
Keralam child rights panel seeks removal of sugar from anganwadi nutri mix
The child rights commission has advised removing sugar from Amrutham Nutri Mix. It suggested replacing sugar with a small quantity of jaggery for children. A high-level committee will scientifically determine the nutritional composition of products. Guidelines will be prepared on Nutri Mix quantity based on children's age.
India can unlock a wheat export opportunity of more than USD 1.5 billion as the gradual reopening of exports coincides with strong domestic production, comfortable stocks and efforts by major global buyers to diversify their sources, an ASSOCHAM report said.
Oil importers are learning to live with a new reality as old routes of business fall apart
Ongoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply hubs that previously dominated global energy trade.
AI prompts: Janmashtami is inspiring a wave of captivating AI photo trends across social media, with users transforming their everyday pictures into enchanting portraits inspired by Radha Rani. Using tailored AI prompts that incorporate traditional attire, intricate jewellery and spiritual backdrops, people can create unique and artistic festive portraits that celebrate the rich cultural heritage of India.
Higher Treasury Yields Pose Near-Term Risk to Equities
Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.
Senior Citizen Savings Scheme: Can you invest 50 lakh in SCSS? Heres what investors need to know
Retirees consider the SCSS for its safety, regular income and government backing. But is there a ceiling on how much can be invested? Heres the limit under SCSS and the options available to retirees.
Neymar, CR7 and the MLS moves that never happened
Bengaluru tops the charts for household income and savings among Indias major cities, while Chennai records the highest debt-to-income ratio, driven largely by housing demand. Delhi-NCR, meanwhile, emerges as the countrys biggest consumption hub, thanks to its large household base. Mumbai and Delhi-NCR also have the highest number of affluent households, while urban spending patterns are increasingly shifting towards housing, healthcare and education.
SpiceJet is adding twenty aircraft to its fleet by mid-November. These planes will enhance capacity for the upcoming winter schedule and holiday travel. The airline aims for two hundred daily flights during this peak period. This expansion will strengthen both domestic and international network operations. The new capacity will help stabilize the market and ease airfare pressures.
What the US CLARITY Act could mean for cryptoand its ripple effect on India
The US is moving towards a formal crypto market structure as India relies on taxation and AML guardrails. Experts said clearer global rules could reduce platform risks and shape Indias eventual framework.
India services PMI rises to 54.1 in August; job growth at 15-month high
Business activity strengthened in August as new orders rose faster and services hiring reached a 15-month high, while input cost inflation remained moderate and charge inflation quickened
Service sector growth picks up in August but stays near 4-year low, PMI shows
Though new business was subdued in the services sector, firms ramped up hiring at the fastest pace in over a year
Dulquer Salmaan's highly anticipated film I'm Game has finally hit the cinemas after multiple delays. Fans have taken to social media to express their excitement, praising Dulquer's outstanding performance and the fresh storyline. Many are also delighted with the mix of fantasy elements and Jakes Bejoy's enchanting score. Read on!
Global investors are reassessing India's economic prospects due to its strong growth. US investors see confidence boosted by India's infrastructure and reforms. More regulatory opening is needed to attract greater foreign direct investment. Policy predictability is crucial for attracting large, long-term capital commitments. India's ambition to become a developed economy shows strong momentum.
India's services growth picks up in August but stays near four-year low, PMI shows
India's services sector saw a slight acceleration in August, though new business growth remained subdued. Overall activity stayed near its weakest point in over four years, despite increased hiring. Firms reported cautious optimism for future market conditions and demand improvements. Cost pressures nudged up modestly, with businesses passing on higher operating expenses. India's composite PMI held steady as manufacturing growth slowed significantly.
Sensex, Nifty Start Higher As Global Markets Strengthen, US Bond Yields Ease
Sensex opened 155 points higher at 76,724.95 and Nifty neared 24,000 as positive global cues, easing US yields and banking stocks supported sentiment.
It is near 100% certainty that El Nio will continue through February 2027, says WMO
A positive Indian Ocean Dipole could bend the rules for rain and temperature, says the world met body
I was shocked: Neelkanth Mishra hits back at egregiously wrong claims on Indias GDP growth
Economist Neelkanth Mishra defended India's GDP growth numbers against revision claims. He stated economic indicators point to a stronger economy with improving credit growth. Mishra highlighted personal vehicle dispatches and tax collections as real economic activity signs. He also noted robust construction indicators suggest strengthening private investment activity. However, weak real-wage growth indicates some economic slack remains.
Travel insurances fine print can leave you with nothing
A missed connection, a leg injury and delayed baggage exposed the exclusions that can turn a seemingly comprehensive travel policy into a costly disappointment.
Inside US military's biggest push to secure Hormuz
'Priceless' Lord Murugan idol stolen from TN temple
Anna Hazare recovering, hospital stay extended
GDP methodology: MoSPI says negative manufacturing deflator does not mean factory-gate prices fell
In a set of questions and answers released on Wednesday, the ministry explainedhow double deflationcan produce anegative implicit GVAdeflator when inputprices rise fasterthan output prices.
GIFT IFSC emerges as international banking hub with $52.82 bn FCNR(B) disbursals: Uday Kotak
GIFT IFSC banking units are channeling foreign-currency deposits into financing. These units funded fifty-two billion dollars of FCNR(B) deposits under a swap facility. International Financial Services Centres Authority highlighted strong performance in foreign-currency mobilization. Indian banks also raised eleven billion dollars through bond listings on IFSC exchanges. These developments connect global capital pools with India's financing needs.
The trailer for HBO's Harry Potter series unveils an exciting new adaptation, featuring fresh talent as Harry, Ron, and Hermione. This adaptation promises to delve more deeply into character relationships and nuances, set to premiere worldwide on December 25, 2026. Read on to know more about it.
'HDFC Merger Contributed To HDFC Bank's Troubles'
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
The Pune ITAT deleted a 10.52 lakh unexplained investment addition after the tax department relied on WhatsApp chats recovered from a third partys mobile phone. The tribunal found that the electronic evidence lacked the required authentication to sustain the tax demand.
Gold and silver prices today, 3 September: 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.
USD 400-billion economy, 25 lakh jobs: Karnataka's mega Bengaluru master plan
USD billion economy lakh jobs Karnatakas mega Bengaluru master plan
Social media user Ria shared how she saved Rs 7.2 lakh over 18 months by cutting eating out, OTT subscriptions, shopping, weekend trips and social commitments to prepare for quitting corporate life. However, she refused to compromise on health, time with her partner and quality food. Her approach sparked debate online about whether cutting social connections goes too far.
India fastest-growing major economy, clocked 7.8% Q1 growth: FM Sitharaman
India recorded a emarkable growth of 7.8 per cent in the first quarter of fiscal year 2026-27 despite global disruptions, and against all odds, remains the fastest-growing major economy in the world, Finance Minister Nirmala Sitharaman said. Sitharaman on Wednesday participated in a high-level business roundtable with investors, organised by the Consulate General of India in New York in association with Bank of America, New York. Addressing investors, Sitharaman said that despite global disruptions and against all odds, India continues to be the fastest-growing major economy in the world, recording a remarkable growth of 7.8 per cent in Q1 of FY 2026-27, the Finance Ministry said in a post on X. Sitharaman arrived here after participating in the G20 finance ministerial meeting in Asheville, North Carolina. Sitharaman added that with its strong reform orientation, India has also provided greater regulatory certainty through a range of reforms, including the Insolvency and ...
India Retains Status As Fastest-Growing Large Economy With Latest GDP Growth of 7.8%: Vinay Kwatra
India's 7.8 per cent GDP growth in the first quarter of 2026-27 fiscal year continues the country's trajectory as the fastest-growing large economy in the world, Indian Ambassador to the US, Vinay Kwatra, said as he rang the opening bell here
'This Is Where Investors Will Make Money'
'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'
Bethlehem Kudumba Unit is drawing large audiences to theatres and performing strongly. The film has crossed Rs 103 crore in India and Rs 205.20 crore worldwide. Its second weekend collections surpassed the opening weekend, showing continued audience interest. Overseas markets have also contributed significantly to its blockbuster run. Read on to know where to stream the movie after its theatrical run.
A Bengaluru taxpayer faced a 41.69 lakh unexplained cash deposit tax demand after failing to file an ITR and respond to tax notices. The ITAT Bangalore refused to condone his nearly four-year delay, leaving the assessment and penalty orders undisturbed.
Union Road Transport Minister Nitin Gadkari has urged state governments to permit bike taxis for private two-wheeler owners, saying the move could create livelihood opportunities. He also announced a proposed negative point system for traffic violations that could lead to suspension or cancellation of driving licences.
Delhis roads take a beating this monsoon, with potholes and damaged stretches across key routes
Delhi's roads show monsoon damage with potholes and broken surfaces. Poor drainage exacerbates water accumulation, weakening the bituminous pavement structure. Experts cite inadequate stormwater drains designed decades ago as a primary cause. Road quality continues to deteriorate without significant system upgrades. PWD officials state repairs are underway on damaged city stretches.
CM calls for harnessing J&Ks biomass to decarbonise economy
Srinagar, Sep 02: Chief Minister Omar Abdullah on Wednesday called upon engineers, scientists and academic institutions to harness Jammu and Kashmirs abundant biomass resources to develop locally suited, economically viable and environmentally sustainable solutions for reducing dependence on fossil fuels and decarbonizing the economy. The Chief Minister was addressing the inaugural session of the 41st National Convention of Chemical Engineers and National Seminar on Biomass: A Sustainable Resource for Decarbonizing the Economy, organized under the aegis of the Chemical Engineering Division Board of The Institution of Engineers (India) (IEI) in association with the Department of Chemical Engineering, NIT Srinagar, at the IEI J&K State Centre here. Deputy Chief Minister Surinder Kumar Choudhary, Vice Chancellor University of Kashmir Prof. Nelofer Khan, Director NIT Srinagar Anurag Mishra, Chairman IEI J&K State Centre Ferdous Ahad Bhat, Chairman Chemical Engineering Division Board, FIE, Prof. G. Madhu, besides engineers, academicians and other experts attended the two-day national convention and seminar. Highlighting the significance of the convention being held in Jammu & Kashmir after a gap of several decades, the Chief Minister said the last National Convention of the IEI held in J&K had taken place in early 1989. For us, to have all of you present for the 41st National Convention, organized by our own NIT Srinagar and the Chemical Engineering Division Board, is a significant moment, he said, while expressing appreciation to the organizers for choosing biomass and decarbonization as the central theme of the convention. The Chief Minister said the need to reduce dependence on carbon-based fuels had become increasingly urgent, both from the perspective of energy security and the growing environmental consequences of using fossil-fuel. He said recent pressures on fuel supplies had underlined the vulnerabilities associated with excessive dependence on carbon-based energy sources, while the consequences of unchecked fossil-fuel use were becoming increasingly visible in the form of global warming and climate-related disasters. Those of us who are roughly around my age or maybe a little older have seen with our own eyes the way in which our glaciers are retreating and shrinking, Omar Abdullah said, highlighting the particular vulnerability of the Himalayan region to climate change. Referring to the Thajiwas glacier near Sonamarg, the Chief Minister said the extent of glacier retreat could be understood from personal experience. We have only to travel two hours out of Srinagar to go to Sonamarg to see the Thajiwas glacier there, he said, recalling that it was once possible to reach the foot of the glacier after a short walk, whereas today it requires a considerably longer trek. He said such changes offered a stark reminder of the environmental consequences of the continued and unchecked use of fossil fuels. However, the Chief Minister cautioned that moving away from a carbon-based economy could not be achieved simply by switching from one energy source to another overnight. Economically viable, sustainable, environmentally friendly solutions are the need of the hour, he said, stressing that alternative energy solutions must be capable of competing economically with established sources of power. Omar Abdullah pointed out that Jammu & Kashmir possessed significant biomass resources generated through agriculture, horticulture, forests, municipal waste and increasing consumption. We are sitting on a wealth of biomass whether we like it or not, he said, adding that the challenge was to develop effective mechanisms for converting this resource into useful energy. The Chief Minister said Jammu and Kashmir had so far struggled to develop a workable and sustainable model for waste-to-energy, despite generating sufficient waste to support such initiatives. He observed that the economic viability of waste-to-energy projects remained a major challenge, particularly when compared with relatively cheaper sources such as solar and hydropower. At the same time, he stressed that economic considerations could not be the only factor determining the future of waste management and energy policy. We will have to do it, he said, underlining the need to address not only the problem of legacy waste but also the continuously increasing generation of organic waste that could potentially be converted into energy. The Chief Minister also recalled his efforts during his previous tenure to explore the possibility of converting plant material harvested from Dal Lake into biofuel, in collaboration with higher education institutions, particularly the agricultural university. He said that while the idea had so far remained largely at the discussion stage, such initiatives needed to be pursued with greater determination and through practical experimentation. Drawing from a personal experience at a boarding school in Himachal Pradesh, the Chief Minister illustrated how seemingly unconventional ideas could eventually become successful and practical solutions. He recalled how one of his teachers had proposed establishing a poultry farm at the school to ensure an in-house supply of eggs. The teacher then went a step further by exploring the possibility of converting poultry waste into biogas. What initially may seem to others as a pipe dream or may even for people evoke mockery, actually, in the long term, if you keep going at it, people will realize that the mockery was wrong and the vision was actually the correct thing, Omar Abdullah said. He said the school ultimately developed a workable system in which poultry waste was converted into biogas, which was then transported almost a kilometre to the central dining hall and used to reduce dependence on fossil fuels for cooking. The Chief Minister urged scientists, engineers and academic institutions not to be discouraged by unsuccessful experiments while working on new technologies and solutions. Let us not be afraid of failure, he said, stressing that experimentation and learning from unsuccessful attempts were essential for technological progress. He cited the example of Thomas Edison and his approach to experimentation while developing the electric light bulb, as well as contemporary technological ventures where failed experiments provide valuable data for subsequent innovations. Omar Abdullah called for the collective intellectual capacity of the engineers, scientists and institutions participating in the convention to be channeled towards developing practical projects capable of addressing Jammu and Kashmirs specific requirements. We need to commit the awesome brain power that is present in this room, or that is represented by the institutions that are present here, to arrive at workable, sustainable, economically viable projects, he said. He emphasized that solutions for biomass utilization could not simply be replicated from one part of the country to another, given the differences in available resources, geography, climate and local conditions. The biomass of Jammu and Kashmir will not be the same as the biomass of Maharashtra, will not be the same as the biomass of Tamil Nadu, he said, calling for greater emphasis on localized and indigenized solutions. The Chief Minister suggested that the deliberations of the convention should culminate in concrete recommendations that could be examined by the Government of Jammu and Kashmir and subsequently shared with governments in other parts of the country as well as the Government of India. He said the objective should be to identify technologies and models that could simultaneously address waste management, energy generation, environmental sustainability and economic viability. Let us arrive at localized, sustainable, economical solutions, he said, emphasizing that Jammu and Kashmir should seek to utilize biomass that is available locally rather than depend on resources brought in from outside. The Chief Minister said the ultimate objective of such efforts should be to gradually move the economy away from excessive carbon dependence while protecting the environment for future generations. We have to be able to give them a planet that is more sustainable than the planet that we have inherited from our forefathers, he said, referring to the young participants and students present at the convention. He expressed hope that the two-day national convention would produce actionable recommendations and practical ideas capable of translating scientific research into field-level solutions. If we are able to do that, I believe this national convention will more than have met the goals that it set for itself, he said. The Chief Minister wished the participants and organizers success in their deliberations and expressed hope for continued engagement with the Institution of Engineers (India) and the engineering and academic community in Jammu and Kashmir.
New York City bans AI for students through 8th grade
New York City public schools will ban generative AI for younger students next year. This one-year moratorium aims to assess student interaction with the technology. High school students will receive AI literacy classes and supervised pilot programs. Companion chatbots are prohibited across all school grades. The city also recommends daily screen time limits for students.
Germany and India are deepening their environmental cooperation and strategic partnership. Both nations are committed to climate adaptation and clean energy initiatives. They will collaborate on circular economy and sustainable resource management practices. This collaboration aims to enhance economic resilience and secure future livelihoods. Discussions at the Indo-German Environment Forum solidified future joint efforts.
Krishna Janmashtami in 2026 is set to fall on Friday, September 4. This joyous occasion will see families and friends engaging in devotional bhajans and lively Raas Leela performances. The festival embodies the spirit of faith and cultural celebration, commemorating the birth of Lord Krishna. Heartfelt wishes and messages will be exchanged, spreading blessings of love, peace, and prosperity, as innovative celebration ideas inspire devotion and happiness.
We have no complaints but Akhilesh Yadav on donation row as Ram Trust to appoint CEO
Boeing paid $3.1 million fine to FAA over widespread safety violations
Boeing paid a $3.1 million fine to the FAA this year for safety violations. These violations included actions tied to the 2024 Alaska Airlines MAX 9 mid-air emergency. The FAA also cited interference with safety officials' independence and unairworthy aircraft. Hundreds of quality system violations were found at Boeing and Spirit AeroSystems factories. A Boeing employee pressured a co-worker to approve a MAX aircraft for delivery.
Uber layoffs impact India; RMG ban, a year on
IIT-Kanpur graduate Kanak Agrawal opened up about the emotional disorientation she experienced after returning from Sri Lanka. She said travellers often celebrate leaving but rarely discuss the strange feelings that follow coming home. Despite struggling with the transition, Agrawal believes the discomfort is temporary, while the memories and experiences gained from travel last much longer, making it worthwhile.
India, Iran not discussing trade deal, says Rubio on Modi-Pezeshkian meet
US Secretary of State Marco Rubio on Wednesday said he did not think India and Iran were talking of a trade deal, and many countries around the world talk to the regime in Tehran. Rubio's remarks came during an interview on The Brian Kilmeade Show on Fox News Radio in response to a question on the meeting Prime Minister Narendra Modi had with Iranian President Massoud Pezeshkian on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit in Bishkek. Well, I don't think there's a trade deal between India and Iran. Obviously, there are countries all develop their own foreign policy, and many countries around the world talk to the Iranian regime, Rubio said in response to a remark by Kilmeade that Modi and Pezeshkian appeared to set up a trade deal. I mean, we've met with elements of the Iranian regime as well, in terms of some of these discussions that have occurred and there's been contact with them, Rubio said. The US Secretary of State said President Donald Trump h
Indias 7.8% growth underscores fastest-growing large economy status, Vinay Kwatra says at Nasdaq
India's 7.8 percent GDP growth solidifies its status as the world's fastest-growing large economy. Ambassador Vinay Kwatra highlighted this economic and technological transformation at Nasdaq. He emphasized the growing partnership between India and Nasdaq's technology leadership companies. India seeks an even stronger collaboration with American businesses and investors moving forward. The opening bell ceremony symbolized confidence in enterprise and future India-US partnerships.
India stays fastest-growing large economy as Kwatra rings Nasdaq bell
India stays fastestgrowing large economy as Kwatra rings Nasdaq bell
Hanuman Ansh, a spiritual drama, achieved significant box-office success on a small budget. The film's earnings surpassed 20 times its production cost, showing a high return. Shobinaw Satyaa unexpectedly stepped into the lead role after the original actor fell ill. This film's journey talks about a different kind of box-office triumph. Read on to know about the journey.
Hanuman Ansh achieved significant box-office success on a small budget. The film's earnings surpassed 20 times its production cost, showing a high return. Shobinaw Satyaa unexpectedly stepped into the lead role after the original actor fell ill. This film's journey talks about a different kind of box-office triumph. Read on to know about the journey.
Zohos Sridhar Vembu shared a childhood lesson that continues to shape his approach to problems. He recalled helping friends with mathematics, which also strengthened his own understanding. Vembu said he was taught to take responsibility for fixing what is broken rather than simply complaining. If a problem cannot be solved immediately, he believes in accepting it while remembering to address it when possible.
Indian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing significant delivery delays. A tight tanker market further complicates securing necessary crude oil shipments. Refiners may be forced into unplanned refinery run cuts due to these issues. However, domestic fuel supply is not expected to be impacted significantly.
After a strong debut, Yash's film Toxic is now facing a downturn in box office revenue. The gangster drama has seen a marked decrease in daily collections as it enters its second week. So far, it has made over Rs 234 crore net in India, with international earnings enhancing its global total. The film's future success depends on the response during the next weekend.
Trump's new birthright citizenship plan hits hiccup
Bengaluru startup takes the first step to fusion
Amazon India steps up hiring for festive rush
Offshore RMG sites find a cheat code
Big Branchs recovery is ultimately a reminder that environmental restoration is often measured in years rather than weeks. The stream did not improve because of a single cleanup project; its progress followed years of watershed planning, agricultural conservation, technical assistance, local participation and public funding.
'Russia and India's 96% bilateral trade now through Rupee-Rouble payment infra'
Russia and India have established a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six percent of their bilateral trade transactions. Bilateral trade between the two nations reached seventy billion dollars in 2024. The payment mechanism is considered one of Russia's most reliable with other countries. Most transactions are processed within ten minutes, with many completed in under a minute.
Quote of the Day by Maya Angelou: Maya Angelous quote, The ache for home lives in all of us, the safe place where we can go as we are and not be questioned, captures the universal desire for belonging, emotional safety and unconditional acceptance. Her words suggest that home is not defined only by a building or location, but by the feeling of being accepted without having to explain, defend or change who we are.
Small finance banks anticipate improved asset quality this financial year. Gross non-performing assets are projected to decline significantly by March 2027. This improvement stems from microfinance portfolio recovery and stable non-microfinance growth. Tighter underwriting practices have strengthened borrower selection in microfinance portfolios. Borrower over-indebtedness caused past credit stress in microfinance books.
Critical minerals race: India looks to UK, EU for supply chains
India is discussing partnerships with the UK and EU for critical mineral processing. The nation collaborates with the US on resilient supply chains for critical minerals. Trade deals with the Gulf Cooperation Council and Israel are pending regional stability. Component makers are encouraged to expand their local businesses globally. High-tech firms may receive exemptions from BIS certification for manufacturing.
'Revolver' misfire hits credit card issuers: India's credit card boom sees lower bank profits
Credit card profits are shrinking for Indian banks as spending rises. Customers now use cards more for payments than borrowing, reducing interest income. Interest-bearing balances have significantly fallen as a percentage of total card spending. This trend is impacting major lenders like HDFC Bank and SBI Cards. Analysts predict further profit margin declines in the coming years.
GDP data revision: Govt says it's revised base, not baseless
India's statistics ministry defended its latest GDP growth figures. The ministry cited improved data sources and methodologies for the estimates. It explained the GDP deflator differs from retail and wholesale inflation measures. Revisions to GDP data are a normal part of economic accounting. The government stressed the new GDP series better reflects economic activity.
A video clip of a security guard has gone viral Shovan Chakraborty has become an Internet sensation of sorts, not only for being a marvellous singer but also for his tragic story, which led to him becoming a security guard. Once a music teacher, he had lost all of his students one by one in the Covid-19 pandemic.
Positivity portal The Better India recently shared the incredible journey of actress Mahima Makwana. Known for critically acclaimed TV series such as Balika Vadhu, Musafir Cafe, etc., Mahima experienced financial hardships when she lost her father at a very tender age. She started her career as an actress as a child to support the family.
After 35 years, Japan's JCRA upgrades India sovereign rating to A- from BBB+
Japan Credit Rating Agency has upgraded India's sovereign rating to A- after more than three decades. This upgrade recognizes India's solid economic growth and effective economic policies. The country's financial system has also shown improved soundness and reduced non-performing loans. India's economy is projected to maintain a high growth rate of over six percent. This development occurs amidst a challenging global economic environment.
Tamannaah Bhatias nutritionist Luke Coutinho recently took to Instagram to sing the praises of one humble vegetable. A common sight in the Indian kitchen and plates all throughout the year, okra, or bhindi, is a nutritional powerhouse, packed to the brim with nutrients that can help keep your blood sugar levels in check if you have diabetes.
ET Graphics: The $4.4 trillion illicit money machine, in numbers
Global illegal money flows reached $4.4 trillion in 2025, impacting world GDP significantly. Bank frauds are increasing, with many types growing at twenty percent annually. Organized crime and drug networks fuel much of this illicit financial activity. In India, anti-money laundering cases hit a four-year high in FY26. A very small fraction of defrauded amounts is ever recovered by authorities.
Reducing Indias exposure to U.S. tariff risks
The Lindsey O. Graham Act puts India under pressure, but export diversification and domestic reforms can cushion shocks
JSW Neo, Blackstone & Macquarie among suitors for BluPine Energy
Several companies submitted bids for BluPine Energy's renewable assets. JSW Neo Energy and Inox Clean are among the potential buyers. Blackstone and Macquarie also entered the bidding process for the company. The renewable energy platform is owned by Actis and has 4 gigawatts. This sale is positioned as one of the sector's largest M&A deals.
BCCL's Mohit Jain elected chairman of Audit Bureau of Circulations
Mohit Jain is set to take the helm of the Audit Bureau of Circulations for the term 2026-27. His vision revolves around captivating the interest of younger, urban demographics in newspaper readership. Publishers are targeting innovations in content and digital platforms to draw in fresh readers, emphasizing the importance of daily newspapers for broader insights and perspectives.
Satcom spectrum fee: DCC may soon decide airwave charges, allocation terms
A forthcoming inter-ministerial panel meeting will address the fees and allocation frameworks for satellite spectrum. It is anticipated that the digital communications commission will ratify a fee structure of five percent of adjusted gross revenue, with incentives for companies serving underprivileged rural zones. This crucial decision aims to facilitate new entrants, including Starlink, into the Indian broadband landscape.
Monsoon illnesses & flu surge lift drug demand
Monsoon illnesses and a significant rise in H1N1 cases are driving a surge in demand for acute therapies and flu vaccines. Sales of anti-infectives and antibacterials saw a 12% month-on-month increase in July, with flu vaccine sales nearly tripling year-on-year in August, leading to supply challenges in several cities.
India's rich diversity makes localisation necessary for brands, says Shiseido executive
According to Shiseido's Asia Pacific president, the beauty landscape in India is transforming, embracing a rich tapestry of diversity that extends well beyond traditional notions of fairness. As consumers increasingly demand products that reflect their individuality and unique self-expression, theres a significant opening for brands to innovate. Digital-first initiatives and engaging social media presence are shaping a new generation of ingredient-conscious beauty enthusiasts.
In response to challenges regarding Indias 7.8 percent GDP growth, Commerce Minister Piyush Goyal passionately argued against the claims made by opposition figures and a past finance secretary. He underscored India's stability in the face of global economic turmoil, pointing to high job prospects within the textile sector. Goyal condemned the efforts of critics aiming to mislead the public about the nations economic health.
DGGI seeks payment trail to crack down on illegal betting networks
The DGGI proposed mandatory recording of website payment details to stop illegal gaming networks. This aims to plug financial system gaps exploited by betting operations. The agency's probe uncovered a betting ecosystem estimated at seventy thousand crore rupees. Recommendations will undergo wider consultation with payment entities and banks. This initiative seeks to trace transactions and identify illicit fund routing networks.
Fort Lewis Army Base used staff training, equipment upgrades, renovation projects, and improved operating practices to strengthen building energy efficiency. In 2003, its Public Works Department hosted a BOC Level I course for twenty-five Maintenance and Repair Division employees and other Public Works staff. The training helped employees expand their knowledge of building systems, energy conservation, indoor air quality, and equipment operation. The base also worked on energy-efficient lighting, motors, HVAC and mechanical systems, windows, and integrated controls.
Quote of the day by Charlie Munger: You look at Carnegie and Franklin... and see how much of their knowledge came from teaching themselves through reading. The idea reaches beyond books, touching the way people handle work, uncertainty, mistakes and important decisions when no one else can provide the answer. The deeper lesson is that curiosity builds judgment over time, helping us think independently, learn from experience and understand that education does not end when formal schooling does.
August 2026 saw a clear divergence across market-cap segments. Midcaps and smallcaps gained while largecaps declined. Midcaps also hit a new peak, while smallcaps came close. Over 10 years long period, midcaps delivered the highest returns.
Best German Proverb of the Day: Dont paint the devil on the wall is a German proverb cautioning against imagining trouble before it happens. Its vivid imagery offers a lesson in handling uncertainty without turning possibilities into fears. The proverb encourages people to remain realistic, avoid needless pessimism and focus on what is actually happening rather than constantly anticipating the worst.
7,229 CBI corruption cases pending trial, 409 for over two decades: CVC Report
A latest Central Vigilance Commission report reveals that 7,229 corruption cases investigated by the CBI are pending trial across various courts. Of these, 409 cases have remained pending for more than 20 years, while 1,612 cases have been pending for less than three years, highlighting prolonged delays
A child prodigy who became one of the pioneers of cybernetics was thinking about intelligent machines decades before artificial intelligence became part of everyday life. Norbert Wieners work explored how machines could use information, feedback and past behaviour, while also warning about the impact of automation and growing human dependence on technology. His ideas, written more than 70 years before ChatGPT, now seem surprisingly relevant to the AI debate.
Scientists identified Praearcturus gigas as the largest known scorpion, measuring one meter long. This ancient predator lived approximately 415 million years ago during the Early Devonian period. Researchers re-examined museum fossils, revealing new details about its anatomy and lifestyle. The discovery challenges previous explanations for giant arthropod sizes. This finding highlights the ongoing scientific value of historical museum collections.
Iranian air, water and virtual assets on Washington's hit list
Bessent, asked about Russian support for Iran in an interview on Fox News following a G20 gathering in North Carolina this week, also warned everyone against backing Tehran. My message to everyone is stay away. We all want this conflict to end, and the fastest way for the conflict to end is for no one to provide any support to this regime, he told Fox & Friends one day after Russian President Vladimir Putin threw his support behind Iran.
Bosnian proverb of the day: A Bosnian saying advises against quick judgments based solely on visible distress. Emotions can influence perception, making careful consideration essential for understanding. First impressions do not always reveal the complete truth of a situation. Compassion and good judgment should work together when assessing others.
CGHS rules changed: Critical illness can now mean lifetime benefits for dependent sons, brothers
CGHS rules have been relaxed for dependent sons and brothers with critical or terminal illnesses, allowing eligible beneficiaries to receive medical benefits for life.
Silver dealers face overstocking fears as investment demand dries up after 40% price fall
With investment demand for silver dwindling, refiners and dealers are inundated with rising stockpiles. The precious metals prices have dropped more than forty percent since the beginning of the year, negatively affecting investor morale. Cautious buying continues due to heavy losses faced by earlier investors. Coupled with an expected dip in industrial consumption, market conditions remain tense. Nevertheless, a few long-term investors perceive this correction as a timely diversification opportunity.
Quote of the day by Russell Crowe, The secret to riches is the same as the secret to comedy timing, explains how success can depend on choosing the right moment. The quote connects wealth creation, market entry, patience, preparation, opportunity and execution. It also reflects Russell Crowes character Max Skinner in A Good Year.
S Jaishankar to visit Ukraine, Poland ahead of BRICS
Starting Thursday, external affairs minister S Jaishankar embarks on a three-day journey to Ukraine and Poland amid rising fears of the Russia-Ukraine conflict. He plans to engage in bilateral dialogues with both Ukrainian and Polish officials, with a focus on the recent assaults on Indian seafarers in the Black Sea region. The visit aims to strengthen diplomatic ties and discuss ongoing developments in the region.
