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iThink Logistics introduces real-time overseas shipment tracking for Indian sellers
The solution provides end-to-end visibility from pickup in India to final delivery across more than 220 countries, including the US, UK, Europe, Australia, the GCC and the UAE
Rs 5,000 SIP vs step-up SIP: CA shows the difference between Rs 50 lakh and Rs 1 crore
Starting a small monthly SIP builds discipline. However, experts advise against keeping contributions fixed for decades. Inflation erodes purchasing power significantly. Increasing your SIP annually, aligned with salary hikes, can more than double your final corpus. This strategy ensures your investments genuinely outpace rising costs and build substantial wealth over the long run.
Why Amazon has struggled to crack India
Amazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as local competitors like Flipkart and Reliance Retail gain significant ground. Amazon faces challenges adapting to India's market complexities and regulatory environment. The company is re-evaluating its investments and operational approach in the country.
GQG Partners sells 1.85% stake in GMR Airports to Fidelity for 1,906 crore
The stake sale comes after GMR Airports reported a turnaround in the March quarter, posting a profit of 400.49 crore compared with a loss of 252.66 crore a year earlier.
8th Pay Commission: Can India afford a 3.5 fitment factor? Salary hike, fiscal impact explained
8th Pay Commission fitment factor discussions intensify as unions demand a revision of up to 4x in basic salaries, given current inflation, the once-a-decade revision and associated challenges. Here is what the impact of a 3.5 fitment factor will be on salaries, pensions and government finances.
Ram Charan's sports drama Peddi has hit theatres, garnering mixed-to-positive reviews. While audiences lauded actor's powerful performance and the film's emotional core, some noted screenplay and pacing issues. A.R. Rahman's music and specific crowd-pleasing sequences, including the climax, have been highlighted as major strengths. Read on!
Govt assesses measures to protect MSMEs from West Asia crisis impact
During a review meeting, the ministry assessed potential risks related to raw material availability and prices, exports and imports, gas supplies, transportation, logistics and working capital requirements
Quote of the Day by Nelson Mandela: I learned that courage was not the absence of fear, but the triumph over it. This powerful Nelson Mandela quote reveals a timeless truth about courage, resilience, leadership, personal growth, and success. Fear visits every life. Great people do not escape it. They face it. They move forward anyway. That is where confidence grows. That is where character forms. The lesson remains relevant today. Success comes from action, not comfort. Leadership begins with courage.
India-Oman CEPA creates new opportunities for textiles, apparel and MSMEs
Oman has eliminated the existing 5 per cent MFN duty on these products, enhancing the competitiveness of Indian exporters
Separate framework needed for small-ticket insolvency cases before NCLT: ICRA
The recommendation comes as nearly 78 per cent of ongoing corporate insolvency resolution process (CIRP) cases have exceeded the prescribed 270-day timeline
Government releases uniform guidelines for district GDP estimates with 2022-23 base year
The initiative is expected to strengthen decentralised planning, evidence-based policymaking and regional development analysis
Iran FM says 'no tangible progress' in talks but Trump says deal close
Middle East war negotiations face setbacks as Iran reports no tangible progress. Renewed US and Iranian strikes have strained a fragile ceasefire. Kuwait International Airport experienced an Iranian drone attack. US President Donald Trump expresses optimism for a weekend resolution. Meanwhile, the US House of Representatives passed a resolution directing troop withdrawal from the Iran war.
North Korea unveils a new plant to produce fuel for nuclear weapons
North Korea has revealed a new facility for producing nuclear bomb fuels. Leader Kim Jong Un announced plans to significantly increase the country's nuclear arsenal. State media showed images of a large centrifuge hall, suggesting uranium enrichment. This move aligns with Kim's vows to expand the nuclear program amid perceived threats from the US and South Korea.
Corner Office Conversation: Habil Khorakiwala on India's First FDA-Approved Antibiotic
Chinese proverb of the day highlights an old saying that explores marriage, relationships, intelligence, knowledge, wisdom, emotional understanding, and partnership. The proverb, A man thinks that he knows it, but his wife knows better, suggests that listening to a partner can lead to better decisions. It reflects family dynamics, mutual respect, communication, and the value of different perspectives in everyday life and long-term relationships.
Oil Price Prediction: Oil prices climb toward $100 as US stocks end record rally
Oil price prediction remains a major topic for investors as oil prices moved closer to $100 per barrel following renewed tensions involving the United States and Iran. The rise in crude oil prices affected stock markets, bond yields, borrowing costs, and inflation concerns. While Wall Street ended a record-winning streak, hopes remain that oil supply routes could reopen, helping stabilize global markets and economic growth.
Warburg, KKR, TPG among PE giants vying for 25% stake in Cloudnine
Global private equity giants, including Warburg Pincus and KKR, are vying for a 25% stake in India's largest maternity and pediatric hospital chain, Cloudnine. The deal is expected to value the company at approximately $1 billion, with existing investor True North exiting completely. Cloudnine reported revenues of 2,000 crore and EBITDA of 300 crore in FY26.
Despite rising airfares and fuel costs, Indians are continuing their summer holidays, though many are adjusting plans. Domestic travel is robust, with a surge in road trips to nearby destinations and increased group bookings. International travel is shifting towards shorter, more affordable destinations like Vietnam and Sri Lanka.
More than $3,400 is the projected average IRS tax refund for many eligible filers this year, making tax refund updates one of the most searched financial topics in June 2026. Thousands of taxpayers are still waiting because of disaster-related filing extensions, paper return processing, and missing direct deposit details. If your tax refund has not arrived yet, June could be the month. The latest IRS refund status data shows many delayed federal tax refund payments are now moving through the system.
African proverb of the day highlights the importance of privacy in marriage and relationships. The Somalian proverb, Differences between husband and wife should not be aired in the marketplace, teaches people to resolve conflicts with care, avoid gossip, seek guidance from trusted advisers, and protect the dignity of relationships. Its message remains relevant in a world shaped by social media, public discussions, and growing interest in healthy conflict resolution.
Humans take nearly 18 to 25 years to reach full maturity, far longer than most mammals. This slow human growth is driven by brain evolution, higher cognitive demand, and long childhood learning. Human development slow brain evolution reason explains our extended dependency phase. Unlike other species, humans invest heavily in learning, language, and survival skills. It is a trade-off where slower physical maturity creates advanced thinking and long-term evolutionary success.
Spanish proverb of the day explores how love can change human behavior. The proverb explains that a man in love may become vulnerable and playful, while a woman in love may become caring and protective. It highlights themes of innocence, dependency, care, emotional connection, and devotion. The saying reflects traditional views of relationships and continues to offer lessons about affection, support, and emotional bonds in modern life.
'TRUMP SHOULD LEAD BY EXAMPLE': Sen Warren vs Bessent heated exchange over INSIDER STOCK trading
More than 8 major philosophical perspectives, from Homo sapiens to Homo viator, have attempted to explain human nature, human identity, and human existence. These theories reveal that people are driven not only by intelligence but also by emotions, culture, creativity, conflict, and the search for meaning. As technology reshapes modern life, understanding what makes humans truly human offers deeper insight into society, behavior, and our evolving future.
Proverb of the day focuses on the saying, A girl that blushes too much, knows too much. The quote is often linked to wisdom about experience, knowledge, innocence, and awareness. However, researchers note that it is not an authentic Chinese proverb. The saying reflects older Western social beliefs about modesty and behavior. Its meaning, life lessons, cultural background, relevance, and related expressions continue to spark discussion today.
Dr. A.P.J. Abdul Kalam, India's People's President and Missile Man, inspired millions with his life advice: Dream, dream, dream. Dreams transform into thoughts and thoughts result in action. His journey from humble beginnings to a respected scientist and leader exemplified turning aspirations into tangible achievements through dedication and hard work.
'Did your son & Epstein talk POLE DANCING?': Bessent goes BRUTAL on Wyden after Mafia Capo jibe
Uber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of its HR and recruitment teams. The company clarified these cuts are not AI-related but aim to create a more modern and efficient organization. These changes represent less than 1% of Uber's total global workforce.
Jensen Huangs life advice is simple but powerful: character grows through struggle, not comfort. The NVIDIA CEO did not become a billionaire because he avoided failure. He became one by facing it repeatedly. Long before the AI boom, Huang made bold bets on GPUs, artificial intelligence, and accelerated computing. Many doubted the vision. Today, NVIDIA sits at the center of the AI revolution. For Huang, true greatness is not measured by intelligence alone. It comes from perseverance, discipline, and the courage to keep moving forward when others give up.
KEEP YOUR HANDS OFF: Mullin FIRES BACK at Correa in explosive immigration clash at House hearing
'WHY IS SHE LEAVING?': Rubio mocks Kamlager-Dove's dramatic walkout after fiery foreign policy clash
Mastercard to look beyond card biz; target tier 3 & 4 markets for growth
Mastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. Mastercard is focusing on new customer segments and underserved markets. They are also developing solutions for commercial payments. Mastercard aims to be part of all emerging payment technologies.
LIVE | 'That's not my job': Marco Rubio EXPLODES at Democrats over Iran war at Senate hearing
More than half of savers still earn under 3% interest, while many households lose around $200 yearly on unused subscriptions. These financial fixes can change that fast. Simple money-saving tips like checking your credit report, reducing credit card debt, boosting 401(k) savings, finding high-yield savings accounts, and lowering auto insurance costs can take less than an hour. Smart personal finance decisions today can improve financial security, increase savings, and strengthen long-term wealth without major lifestyle changes.
Quote of the day by Plato: Ancient Greek philosopher Plato believed all humans are equal by nature. He stated a poor peasant holds the same worth as a mighty prince before God. This timeless message challenges societal hierarchies. It reminds us that true value lies not in wealth or status but in our shared humanity.
Spanish Proverb of the Day highlights the meaning of She who loves an ugly man thinks him handsome. The saying reflects how love can shape perception, where ugly can refer not only to physical appearance but also to personality traits, flaws, or imperfections that might be judged negatively by others. It suggests that when emotional attachment is strong, a persons view of another can change, making shortcomings less visible or less important in their eyes.
'I'M GLAD SOMEBODY ELECTED YOU': Rep. Ramirez vs Mullin over immigration laws in EXPLOSIVE hearing
Suzlon seeks to put the wind in all sails of its renewables ship
Suzlon Group is set to significantly expand its renewable energy business. The company aims to quadruple annual sales to 10 GW and grow managed assets to 70 GW by FY31. Suzlon will now offer integrated solutions including wind, solar, and battery storage. A new battery manufacturing facility is planned.
Quote of the Day by Heraclitus highlights the idea that aware people understand reality in a similar way, while those who ignore truth remain trapped in personal illusions. The quote offers lessons about success, hardships, career growth, decision-making, human nature, and the importance of understanding the world through reason, awareness, and shared experiences.
CREDAI discusses with CM Vijay issues concerning real estate sector in Tamil Nadu
A new WhatsApp bot is coming to simplify rooftop solar adoption. Households can easily check subsidies and installation costs for the PM Surya Ghar Muft Bijli Yojana. This initiative aims to speed up the scheme's progress towards its ambitious target. The bot will provide quick estimates and vendor options, making it easier for more people to go solar.
Norms issued to estimate District Domestic Product
New uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indicators and bottom-up data collection. This move, aligning with the revised 2022-23 national GDP base year, will enhance decentralized planning and evidence-based policy formulation across all key economic sectors at the district level.
'Hero will benefit if fuel efficiency is top of mind': Hero MotoCorp CEO
Hero MotoCorp reports no domestic demand slump despite global challenges. The company is aggressively expanding its operations. CEO Harshavardhan Chitale expresses confidence in India's economic resilience. Hero MotoCorp is focusing on growing segments like scooters, premium motorcycles, and electric vehicles. Significant capital expenditure is planned for capacity expansion and new product launches in domestic and international markets.
We expect interest rates to be left the way they are: Ficci chief Anant Goenka
Ficci president Anant Goenka advocates for steady interest rates, citing supply-side price pressures from the West Asia crisis. He suggests restricting rupee intervention to volatility management and believes foreign capital will return after market corrections, while emphasizing proactive engagement with FTAs and focus on sunrise sectors for manufacturing.
Claude, other AI tools used to breach CBSE portals: IIT Panel
AI tools like Claude were used to find vulnerabilities in CBSE's on-screen marking portal, revealing the vendor's inadequate security knowledge. Following this, data was moved to a government-controlled AWS segment. A high-level panel addressed these issues and also secured the JEE Advanced portal amid concerns of data breaches.
IKEA sets up India development centre in push beyond sourcing
IKEA has launched a new product development center in India. This move positions India as a key hub for designing home furnishings for both local and international markets. The company aims to develop affordable products relevant to Indian consumers. This expansion signifies IKEA's commitment to India's full value chain, from retail to manufacturing and now product innovation.
The gut-brain bombshell: How bacteria in babies may hold the key to preventing Autism, ADHD
New research reveals a significant link between a baby's early gut bacteria and future brain health, potentially influencing the risk of conditions like ASD and ADHD. Scientists discovered that specific microbes may offer a protective effect, opening avenues for future diet-based interventions and probiotics to support neurodevelopment.
Aviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a 10,000 crore support scheme. This aims to protect Indian airlines from higher global crude oil costs. Jet fuel prices are fixed at 115 per litre for airlines. This measure will help keep airfares affordable for passengers. The scheme will operate for 36 months.
Greek proverb of the day: Ancient Greek saying highlights a challenge that people often believe what they hear over what they see. This proverb teaches us to think critically. It urges us to trust evidence and our own judgment. In today's digital world, this message is more important than ever. It promotes media literacy and informed decisions.
OECD sees India growth slowing to 6.3% from 7.6% in FY27
India's economy faces a slowdown to 6.3% in fiscal 2027. Higher energy costs from the Middle East conflict will impact investment and exports. Despite this, India remains a top global growth engine. Private consumption and investment are expected to moderate. Inflation will rise before easing. Global growth also slows.
Base and framework: On the latest Index of Industrial Production
Industrial fundamentals have remained resilient, but are not broad-based
Thali costs climb in May: Crisil report
Home-cooked vegetarian and non-vegetarian thalis saw a 5% and 7% price increase in May, respectively, due to rising costs of tomatoes, vegetable oils, and LPG. Tomato prices surged 57% year-on-year, with further increases expected due to production declines and heat-related concerns. Potato and onion prices are also anticipated to rise, while pulses are expected to remain stable.
Ignored warning? Delhi HC's fire safety order remained unimplemented before hotel tragedy
Delhi High Court ordered urgent action on fire safety in city hotels and restaurants. This directive came months before a deadly fire. Authorities have not yet complied with the court's order. The petitioner sent reminders to government officials. The recent fire highlights the critical need for these safety measures.
ED team reaches Abhishek Banerjee's home with June 15 summons
An Enforcement Directorate team visited Abhishek Banerjee's Kolkata home to deliver a summons. He is required to appear at the ED office on June 15 regarding the primary school recruitment scam. This occurs as the Trinamool Congress faces internal challenges. Banerjee also faces a CID summons on June 8 for signature mismatches.
Nepal a priority partner, Modi tells RSP chief Lamichhane
Prime Minister Narendra Modi met with Rabi Lamichhane, chairman of Nepal's Rastriya Swatantra Party. Modi highlighted Nepal as a priority partner. He expressed a strong desire to work closely for a shared and prosperous future. India looks forward to collaborating with Nepal's new government. This aims to elevate the special relationship between the two countries.
A Reddit post has gone viral after a user shared how his friend accidentally built a fortune worth nearly Rs 25 crore by doing nothing. The employee, who received stock grants while working at Micron, had planned for years to sell the shares and move the money into a diversified index fund but never got around to it. Over time, the stock surged in value, turning an investment reportedly worth around $300,000 into $2.8 million.
As Mamata Banerjee's TMC struggles, 'secular rivals' eye state's Opposition space
As the TMC faces internal rifts and a potential split post-defeat, West Bengal's Left and Congress parties eye an opportunity to reclaim opposition space. The BJP's strategy in the state differs from Maharashtra, aiming to weaken Mamata Banerjee by stoking rebellion within her party. Political observers are closely watching the Muslim vote's response to these shifting dynamics.
Convoys to carpools: Ministers share rides to Cabinet meetings
Several Union ministers carpooled to a recent Cabinet meeting. This move follows Prime Minister Narendra Modi's suggestion to reduce vehicle use. Ministers shared rides to promote fuel conservation and energy security. The initiative aligns with global calls for responsible fuel consumption. Many ministers opted for shared transport from their nearby official residences.
Narendra Modi set to overtake Jawaharlal Nehru's elected PM record on June 10
Prime Minister Narendra Modi is set to achieve a significant record. On June 10, 2026, he will become India's longest-serving Prime Minister since the first Lok Sabha in 1952. This milestone surpasses Jawaharlal Nehru's tenure. Modi's leadership comes as India's population and voter participation have grown substantially. Political competition has also seen a sharp increase over the years.
Carlsberg bolsters India leadership ahead of planned IPO, appoints four new board members
Carlsberg India IPO: Carlsberg India is preparing for a stock market debut. The company has added four directors to its board and converted to a public limited entity. This move strengthens its governance structure as it moves towards a potential Initial Public Offering. The brewer aims for a valuation of approximately 30,000-35,000 crore. This strategic step signals its readiness for public investment.
Bitcoin crash reason explained: Bitcoin experienced a significant price drop, with Citigroup attributing the downturn primarily to substantial outflows from spot Bitcoin ETFs. Despite a notable sale by Strategy, analysts emphasize that ETF flows are the stronger indicator of market demand and price movement.
Ancient African wisdom reveals that appearing foolish for peace is a sign of intelligence. This proverb highlights that silence is not weakness but a deliberate choice. True strength lies in restraint and emotional maturity. It teaches valuing harmony over winning arguments. This ancient lesson remains relevant today for navigating relationships and social interactions.
Pharma exports to US seen muted this year
Indian pharma exports to the US face a subdued outlook this year. Policy uncertainties, falling generic prices, and regional conflicts are impacting shipments. US buyers are managing inventories more closely. A push for local manufacturing in the US also poses a challenge. This situation is creating caution among buyers for large forward orders.
P G Wodehouse quotes on love: Humour writer P.G. Wodehouse's famous quote on marriage continues to spark discussion decades after it was written. The line, Marriage is not a process of prolonging the life of love, but of mummifying the corpse, is a witty and exaggerated observation on how romance can evolve in long-term relationships. While humorous in tone, the quote resonates with many readers because it playfully captures a common concern about love, routine and married life.
Quote of the Day by Idris Elba: Idris Elbas quote, I have one of these bodies. When I was younger, I could never put weight on, and now that I'm a little older, there's a natural sort of chubbiness coming. But honestly, if I work out for a week, it drops off in no time explores the natural changes the human body goes through over time and the importance of accepting aging with confidence.
An Indian graduate from Harvard Business School, Abhijay Vuyyuru, shares his difficult job search. He graduated without an offer and faced visa pressures. Vuyyuru utilized networking extensively to secure a product manager position at Google. His journey highlights the importance of connections in the competitive US job market. He now works on products used by millions.
India-Oman trade pact creates strong export push for India's textile MSMEs: Govt
India's textile and apparel sector is poised for significant growth in Oman following the India-Oman Comprehensive Economic Partnership Agreement (CEPA). The pact grants immediate duty-free access on 945 textile and apparel lines, eliminating a 5% MFN duty. This move is expected to boost India's exports, valued at $95.
West Bengal CM Suvendu Adhikari meets Karan Adani on infrastructure plans
West Bengal Chief Minister Suvendu Adhikari met with Adani Ports MD Karan Adani. Discussions focused on power, logistics, and infrastructure investments. The Chief Minister assured full support for Adani Group's projects in Bengal. The Adani Group had previously pledged Rs 10,000 crore in investments. This meeting follows earlier discussions about the Tajpur port project.
India imports 55% of LPG from the US, 12% from Iran in May
India's LPG imports saw a significant shift in May. The United States became the largest supplier, providing over half of the country's needs. Iran also emerged as a key source, resuming trade after seven years. These changes reflect global energy market disruptions. India is diversifying its LPG sources to ensure supply stability.
An IIT graduate's claim that medicine is India's safest career is sparking debate. He argues AI and tech layoffs make doctor jobs more secure. While some agree healthcare is insulated, others highlight the demanding medical education and early career struggles. This reflects growing anxiety among tech professionals as AI reshapes industries.
'IT'S NOT FUNNY, MR. SECRETARY!: Rep. Keating loses his mind as he clashes with Rubio over Ukraine
Easing ITR compliance: A guide to presumptive taxation under Section 44ADA
Under this framework, eligible taxpayers are allowed to declare 50% of their gross annual receipts as taxable earnings.
Alakh Pandey, who faced childhood poverty, now leads Physics Wallah. He has upgraded a village school in Greater Noida into a learning hub. This institution features a digital library with over 1000 books and 30 laptops. It provides free internet and air conditioning. The library supports rural students preparing for competitive exams like UPSC and NEET.
'You will FOLLOW court ORDERS or NOT?': Mullin, Goldman COLLIDE over immigration in fiery hearing
Hero MotoCorp introduces India's first mass-market flex-fuel motorcycles. The Splendor+ Flex Fuel and HF Deluxe Flex Fuel can run on petrol blended with up to 85% ethanol. This launch supports India's clean mobility goals and reduces dependence on imported crude oil. These bikes will be available from July 2026, marking a significant step towards greener transportation for all.
Iran cannot have a nuclear weapon, it's a red line for US: Ambassador Sergio Gor
US Ambassador to India Sergio Gor stated that Iran will never possess a nuclear weapon, calling it a ed line for the United States. He criticized Iran for blocking the Strait of Hormuz and holding the world hostage, warning that President Trump will not allow this irresponsibility to continue.
BHEL secures order worth over Rs 2,000 crore from Nigerian firm
Bharat Heavy Electricals Limited has won a significant contract worth Rs 2,000 to Rs 2,500 crore. The order comes from Nigeria's Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise. BHEL will design, manufacture, supply, and supervise the erection and commissioning of eight gas turbine generator packages. These will be for the petroleum refinery and polypropylene plant in Nigeria.
West Bengal clears 32 acres for BSF border fencing, rebrands Maa Canteen as Ma Ahar
West Bengal Cabinet approved 32 acres for BSF fencing along the Indo-Bangladesh border in nine districts. Additionally, the state's subsidized food program, 'Maa Canteen,' will be rebranded as 'Ma Ahar' and expanded to 500 centers. The Cabinet also formalized June 20 as 'West Bengal Day' and announced a groundbreaking ceremony on July 6 for a Dr. Syama Prasad Mookerjee statue.
The search for 84-year-old Nancy Guthrie, mother of Savannah Guthrie, continues months after her February 2026 disappearance. Experts suggest a local suspect may be involved, while investigators emphasize the crucial role of ongoing DNA and advanced technology analysis in uncovering what happened. Authorities urge public assistance as the case remains unsolved.
'Answer in YES or NO, don't waste my time': Rubio, Meeks go face-to-face in fiery Iran war hearing
Actress Anushka Sharma's Instagram post praising homeopathy has ignited a fierce debate. She shared her positive experiences with the alternative medicine, prompting a strong reaction from Dr. Cyriac Abby Philips. He publicly criticized homeopathy, labeling it a fraud and witchcraft. The controversy highlights ongoing discussions about the validity of alternative medicine practices.
Netanyahu downplays row with Trump, says both agree on disarming Hezbollah
Israeli Prime Minister Benjamin Netanyahu downplayed on Wednesday a row with US President Donald Trump, saying they both were aligned on the goal of disarming Hezbollah in order to achieve peace between Israel and Lebanon. And so if we want to save Lebanon, if we want to get a Lebanese-Israeli peace, as I do, we have to disarm Hezbollah and we have to demilitarise Lebanon.
KNAV secures follow-on investment from Nikhil Kamaths NKSquared
Global accounting firm KNAV has secured follow-on investment from NKSquared, the investment firm of Nikhil Kamath. This funding will fuel international acquisitions and investments in people and capabilities. KNAV has seen significant revenue growth and international expansion since its initial funding in September 2024.
IRCTC sets new records in online ticket booking, blocks 3 crore suspicious IDs in 2025-26
IRCTC intensified anti-fraud measures in 2025, deactivating 3.03 crore suspicious user IDs and blocking 13,343 email domains. The corporation also recorded record online ticket bookings, averaging 14.53 lakh per day, while strengthening cybersecurity to ensure fair access for genuine passengers.
Maximising emergency funds: Is a sweep-in fixed deposit your best bet?
Before shifting your emergency safety net into a sweep-in FD, it is smart to weigh a few operational details, including premature withdrawal policies, minimum balance rules, interest rate gaps, and tax rules.
Quote of the day by Paul Krugman: Nobel laureate Paul Krugman sheds light on debt, emphasizing it's a two-sided coin. While a borrower's liability, it's a lender's asset, forming a crucial link in the financial system. This perspective reveals debt's productive role in economic growth, enabling investments and future returns, urging a balanced view of finance.
Suzlon to diversify beyond wind; pump Rs 500 cr in new arm this fiscal
Wind turbine maker Suzlon is diversifying into battery storage and a new platform called RE DevCo. This move aims to make Suzlon a complete renewable energy solutions provider. The company plans significant investments in the coming years. Suzlon also has ambitious goals to expand its renewable energy sales and orderbook substantially by 2031.
Tata Motors rethinks its premium EV playbook
Tata Motors has revamped its premium EV brand, Avinya, by shifting from its original platform plans to leveraging partnerships and ready-made architectures. This strategic pivot aims to accelerate the launch of its luxury EVs, with the first model slated for a 2027 India rollout, utilizing the Freelander platform from Chery Jaguar Land Rover.
Indian Proverb of the Day features a well-known teaching attributed to Chanakya: Before you start some work, always ask yourself three questions: Why am I doing it? What the results might be? Will I be successful? The ancient philosopher and strategist's advice highlights the importance of thinking carefully before taking action. The proverb encourages people to examine their purpose, consider possible outcomes, and assess their preparedness before making decisions.
President Trump announced he achieved a perfect score on the Montreal Cognitive Assessment, a test he described as high difficulty and indicative of extreme intelligence. Medical experts, however, clarified that the MoCA is a dementia screening tool, not an IQ test, and a perfect score is not uncommon.
