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Couple Arrested For Defrauding Rs. 1 Crore Promising High Returns In Real Estate Business
James gave the couple about Rs. one crore to invest in the business. But, the couple went absconding after some time. James filed a complaint to the Greater Chennai Commissionerate.
GAIL opposes IGX platform for LNG terminal capacity booking
India's top gas marketer GAIL opposes a new platform for booking LNG terminal capacity. GAIL states this platform will add costs for consumers without significant value. The company believes existing frameworks do not require a separate booking platform. High global LNG prices already pressure downstream natural gas consumers. Much of India's LNG regasification capacity remains underutilised currently.
Disney's losses from Reliance JV down to $44 million in June quarter
Walt Disney's Indian joint venture with Reliance Industries saw losses narrow significantly in the recent quarter. The combined entity, JioStar, reported a sharp turnaround in profitability during the last fiscal year. Revenue from operations for JioStar increased substantially, reflecting strong business growth. This improvement in Disney's investment tracks the venture's enhanced financial performance. JioStar also reduced its provision for onerous sports contracts, indicating better financial management.
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger deposit growth and are gaining market share. This trend raises concerns about funding sustainability for state-owned lenders. Abundant system liquidity currently cushions the impact of these shifts.
Fire insurance premiums fall 28% in Q1 amid deep discounting
Fire insurance premiums dropped significantly in the first four months of the financial year. Aggressive discounting on large industrial risks pressured insurers competing for corporate accounts. The regulator received complaints of steep discounts, raising financial health concerns. Major insurers like New India Assurance and ICICI Lombard saw premium reductions. Pricing for industrial fire risks must now follow sound actuarial principles.
Bulk sugar users in a soup as Govt refuses to ease stock limit order
The government has rejected requests for more time to sell excess sugar stocks. Bulk sugar users must now liquidate any surplus by August 31. This action aims to suppress sugar prices and curb hoarding allegations. Some companies fear this move could increase market price volatility. Industry analysts expect additional sugar to enter the market after this deadline.
Gaja listing marks PE industry's institutionalisation: Gopal Jain
Gaja Alternative Asset Management's listing marks a significant step for the industry. The company is the first pure-play PE asset manager to list domestically. This listing allows retail investors indirect access to private equity investments. Gaja Alternative has committed capital of 3,200 crore as of March 31, 2026. The company raised 550 crore through its initial public offering.
FM Sitharaman cites financial sector boom to woo Canadian investors
India's Finance Minister Nirmala Sitharaman sees collaboration opportunities with Canadian banks and fintech firms. She noted India's robust financial sector and expanding investment activities for foreign entities. The minister highlighted India's digital ecosystem and 100% FDI in insurance as key attractions. Canadian investors can participate in India's growth and use it as a regional financial platform. Emerging sectors and India's economic transformation offer significant potential for investors.
FSSAI flags food safety lapses at Andaz Delhi, JW Marriott
FSSAI has issued notices to Andaz Delhi and JW Marriott, Aerocity. Inspections revealed significant food safety and hygiene deficiencies at both establishments. Andaz Delhi faced issues with expired food and improper storage practices. JW Marriott, Aerocity, had licensing and relabelling irregularities noted by the regulator. Further action will depend on compliance and sample analysis results.
Best Italian Proverb of the Day: The wolf is always said to be bigger than it is captures how fear can make dangers appear greater than they really are. The Italian proverb uses the image of an oversized wolf to show how people can exaggerate threats, difficulties or risks, reminding us to distinguish genuine danger from the fear created by perception and repeated stories.
Piyush Goyal says India open to expanding scope of Japan trade agreement
India is open to expanding its economic partnership agreement with Japan. The nation seeks to make the existing pact more contemporary and relevant. Japanese textile firms, including Uniqlo, plan increased sourcing and investment in India. Significant Japanese investment is already flowing into India at a rapid pace. India aims to support Japan's ambition to double its companies operating locally.
Quote of the day by Jackie Chan reflects on the value of self-improvement and doing ones best despite difficulty. The idea speaks to everyday experiences such as facing setbacks, managing self-doubt, staying disciplined at work and accepting that progress takes time. The article explores how persistence, personal responsibility, patience and a willingness to help others can shape meaningful growth.
Tressa Prisbrey transformed waste into wonder by creating Bottle Village, a whimsical collection of thirteen structures crafted from discarded materials in Simi Valley. Fondly nicknamed Grandma, she welcomed visitors to explore her artistic haven. Although an earthquake struck and inflicted damage, passionate restoration efforts ensured the village's legacy lived on, showcasing how creativity can breathe new life into what others deem worthless.
Albert Camus striking quote about intelligent men dreaming of becoming gangsters explores the darker side of human nature, power and the desire to control others. Taken from his 1956 novel The Fall, the line forms part of Jean-Baptiste Clamences confession about guilt, morality and hidden ambitions. Here is the meaning behind the quote and a look at Camus life, philosophy and most important works.
Piyush Goyal proposes startup pitching series with Japan
India's Commerce Minister Piyush Goyal proposed a startup pitching series between India and Japan. This initiative, similar to Shark Tank, aims to connect young companies with investors. The virtual format will leverage digital connectivity for increased participation and collaboration. Japan's patient capital and precision engineering are invited to partner with Indian firms. This move seeks to deepen commercial ties and foster business growth between the two nations.
Rupee slide, valuation rules put foreign asset disclosure scheme out of reach for many
The rupee's depreciation and strict valuation rules hinder foreign income disclosure. A one-time voluntary disclosure window allows regularization of overseas assets up to one crore. However, many exceed this limit due to currency conversion dates and asset values. Taxpayers explore updated returns and disclosure schemes, risking misrepresentation claims. Clarification on valuation rules is needed for borderline cases and falling-value assets.
Bharat Petroleum Corporation Limited is expanding its e-commerce operations. The company plans to deliver groceries along with LPG cylinders to customers. BPCL aims to capture digital transactions by launching its own payment gateway. Its existing retail network and LPG distributorships will be utilized for this venture. Pilot projects are underway in Maharashtra and Uttar Pradesh.
A new robot named CiliaVine manipulates blood flow using magnetic fields. This device successfully captured circulating tumor cells from all tested liver cancer patients. It also demonstrated improved clot breakdown in laboratory models. Researchers coated CiliaVine with antibodies for effective tumor cell capture.
A new ranking has named The Godfather Part II the greatest movie sequel ever, placing Francis Ford Coppolas acclaimed 1974 film ahead of The Empire Strikes Back. The sequel was praised for going beyond the original by exploring both Michael Corleones growing power and the early rise of his father, Vito. Its six Oscar wins, including Best Picture, further cemented its place in movie history.
Mid-cap and small-cap funds offer different risk-return profiles, but how do they compare on alpha? Heres a look at benchmark-adjusted performance, negative alpha across schemes, and broader category trends.
JSW MG seeks PHEV tax incentives, targets 70% localisation by 2027
JSW MG Motor India is pushing for lower taxes on plug-in hybrid electric vehicles. The company targets 70% localization for its Windsor and Hector Tomahawk models. Discussions are underway for the next investment phase with Chinese partner SAIC. JSW MG plans to increase its annual vehicle sales significantly in the coming years. The automaker aims to expand its production capacity beyond current plans.
Onion supply comfortable to meet domestic demand in coming months: Govt
Government assures ample onion supply for upcoming months. Robust production and buffer stocks support domestic demand. Targeted market interventions aim to stabilize seasonal price pressures. Onion exports remain strong to several key destinations. Prices of other essential vegetables and pulses are also stable.
Rupert Grint returns as Ron Weasley 16 years after the final Harry Potter film
Rupert Grint will portray Ron Weasley in Harry Potter and the Cursed Child on Broadway. He is scheduled to join the production for a limited engagement starting February 2027. This marks Grint's return to the iconic character after many years. The play is set nineteen years after the original Harry Potter book series concluded. Grint will play an older, fatherly version of the beloved wizarding character.
CJI Surya Kant says allegations against sitting judge must follow institutional process
Chief Justice of India Surya Kant stated allegations against a judge require institutional examination. Justice Sandeep Mehta wrote letters raising concerns about the Rajasthan Acting Chief Justice. The Supreme Court collegium is reviewing the material provided by Justice Mehta. The concerned judge will receive a fair opportunity to respond to allegations. Any administrative action will follow due consideration of all placed material.
Quote of the day by Elton John highlights why asking for help is often harder than saying I love you. The idea connects with relationships, setbacks, uncertainty and the pressure to manage difficult moments alone. The article examines lessons about acceptance, self-understanding, courage and knowing when to seek support.
Japanese textile firms, including Uniqlo, eye higher investment, sourcing from India: Goyal
Japanese textile firms, including Uniqlo, are considering expanding their investments in India. They also plan to source more products from India for their global markets. Minister Piyush Goyal met with Uniqlo's CEO to discuss retail and manufacturing collaborations. Indian businesses are showing interest in meeting Japan's high-quality material and sizing requirements. This engagement signals significant growth opportunities for brands in India.
DJ RINOKA from Japan made history at just 6 years and 155 days old after her first solo DJ performance earned her a Guinness World Records title. Inspired by female DJs she watched on YouTube, she began learning the craft at 5 and has since performed for large crowds, at music events and alongside experienced DJs. Now 7, she continues to balance her growing DJ career with school and her everyday childhood interests.v
Unexplained income: What it means, how it is taxed and what changed under Income Tax Act, 2025
Unexplained income can attract a steep tax burden. But the new Income Tax Act, 2025 changes the rules for voluntary disclosure and tax department detection. Heres what unexplained income means, how it is taxed, and what taxpayers need to know.
A 17-year-old Connecticut student, Leon Wang, identified two FDA-approved lung-scarring drugs that reduced Alzheimers-linked cellular damage in lab-grown brain blood-vessel cells. His research offers a promising new clue into how APOE4 and the TGF pathway may contribute to Alzheimers disease, while raising the possibility that existing medicines could eventually be repurposed for brain health.
'I was very blunt with him': Josh Shapiro fires back at Trump & RFK Jr. over measles crisis
The Upper Mississippi River's navigation was transformed by America's construction of locks and dams in the 1930s. While these aging structures facilitate the annual transport of millions of tons of goods, supporting vital economic activity, they have also inflicted ecological harm on river ecosystems. Current modernization initiatives strive to enhance navigational reliability while simultaneously mitigating environmental impacts.
A massive Louisiana solar panel factory operates independently of new import tariffs. This plant produces panels using a unique cadmium telluride semiconductor technology. While free from polysilicon tariffs, it still needs Chinese tellurium for production. The facility is a significant domestic manufacturing hub for solar energy. Its economic viability is bolstered by domestic content requirements in contracts.
Why does this Kerala temple offer Munch as prasad? Story behind viral tradition
A Kerala temple has attracted online attention for a long-standing tradition in which devotees offer Munch chocolate to Lord Murugan and receive it back as prasad. A recent video has revived interest in the practice, with some viewers sharing memories and excitement, while others questioned the customs religious significance and criticised the chocolate and its packaging.
In a remarkable journey, two Russian steppe tortoises embarked on a mission aboard Zond 5, orbiting the Moon in September 1968. This pioneering endeavour demonstrated that biological life could endure the challenges of circumlunar spaceflight and successfully return. Despite facing intense gravitational stress during re-entry, the resilient tortoises emerged unscathed, making their voyage a historic precursor to mankind's lunar exploration.
JSW MG Motor India plans Rs 6,000 cr investment for capacity expansion, operations
JSW MG Motor India will invest Rs 6,000 crore for plant expansion and operations. The Halol plant capacity will double to 2.20 lakh units by January 2028. Discussions continue regarding JSW Group's potential acquisition of an additional stake. The company aims for 35-40 percent annual volume growth in coming years. MG Motor India is commissioning cell-to-pack assembly lines for battery storage.
Banks, NBFCs to reset partnership terms with fintech firms
RBI's draft data governance norms and DPDP rules are pushing banks and NBFCs to reassess fintech partnerships, contracts and third-party data risks
'Time to teach Canada you can't do this anymore': Trump
President Trump announced new tariffs on Canadian imports after trade talks broke down. Canada retaliated with matching duties on United States goods, which will take effect soon. Trump also imposed tariffs on Canadian autos and parts starting next year. White House advisor Peter Navarro predicted a worse deal for Canada in the future. He stated that Canada would not get the same advantageous offer again.
Prince Harry and Meghan Markle have returned to the UK, with the couple said to have found a hidden gem in the Cotswolds as their potential new home. The picturesque area could put the Sussexes among some of Britains and Americas biggest celebrity names, including Ellen DeGeneres and Portia de Rossi, the Beckhams, Kate Moss and Stella McCartney.
Wind turbines typically have a lifespan of around thirty years, and at the end of this period, much of their structure can be efficiently recycled into new materials. The challenge lies in the composite blades, which require innovative recycling methods. Fortunately, creative uses are emerging, transforming these old blades into construction materials and park features, showcasing the potential of converting renewable energy waste into valuable resources.
Gold, silver and equities have behaved differently across market cycles. A look at 26 years of data reveals how precious metals performed during equity downturns, their return patterns, and what their low correlation with the Nifty 50 TRI means for investors.
US economy growth sluggish at 1.5% in Q2, consumer spending rises 3.4%
The US economy grew at a sluggish 1.5 per cent pace from April through June. But consumer spending stayed strong. The Commerce Department reported Wednesday that growth in gross domestic product - the nation's output of a goods and services - decelerated from a 2.1 per cent pace from January through March. The second-quarter growth number was unchanged from the department's first estimate. Still, consumer spending - which accounts for about 70 per cent of US economic activity - increased at a healthy 3.4 per cent annual clip, up from 0.5 per cent in the January-March period. The reason for the lackluster growth number was imports. They are subtracted from growth because GDP is only supposed to count domestic US production. Imports rose at a 12.5 per cent annual pace from April through June, partly due to a surge in shipments of computer chips and other products that support artificial intelligence investment, and sliced 1.64 percentage points off second-quarter growth. But business
Japan already invested 14 percent of 10 trillion yen India investment target: Piyush Goyal
Japanese firms have invested Rs 1 lakh crore towards a 10 trillion yen investment target. This pace suggests the full investment may occur within the next few years. India aims to double Japanese companies operating here to three thousand. Proposals include a Deep Tech Capital Corridor and innovation bridges. Manufacturing and technology integration will leverage both nations' strengths.
Godrej opens Asias largest soap factory in Madhya Pradesh
Godrej Consumer Products inaugurated its new unit in Malanpur, which is now Asia's largest soap factory. This facility, costing over Rs 450 crore, will produce 4,000 soaps every minute. The Chief Minister highlighted Madhya Pradesh's successful implementation of investment MoUs. He also noted the state's increased foreign export potential reaching Rs 76,000 crore. Godrej expressed readiness to work towards malaria-free status by 2030.
Engineering exports sustain 18% growth in July, but West Asia risks mount
US and China shipments surge, but exports to UAE and Saudi Arabia decline amid continuing regional uncertainties
Rs 22,006 crore claims, Rs 6.5 crore payout: NCLT clears Subhash Chandra plan
The insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 crore against Rs 22,006.57 crore claims. This represents a nearly 99.97 per cent haircut for the financial institutions. The tribunal rejected objections from dissenting creditors regarding the meagre payout. The approved plan is now binding on all creditors as per the IBC.
India, China agree to advance boundary talks, strengthen LAC management
Eight point outcome of talks between Doval, Yi highlights cooperation in border trade, pilgrimage
Indias merchandise exports rise 15% to over $25 billion in Aug 1-21
Merchandise exports for August 1-21 are estimated to have risen by fifteen percent. This growth brings the total exports for April through August past two hundred billion dollars. In July, India's exports increased by nearly twenty percent, reaching forty-four point two four billion. The trade deficit widened to thirty-one point nine eight billion dollars in July. Exports for April to July jumped seventeen percent, while imports climbed nineteen percent.
Government directs CEA to prepare roadmap to phase out import of critical power systems by 2030
India is focused on eliminating imported SCADA systems by 2030, with the Central Electricity Authority actively developing a comprehensive roadmap for this essential infrastructure. This initiative seeks to bolster self-reliance and enhance the cyber-resilience of the nations power grid. By reducing reliance on foreign technology, the government aims to secure national energy interests and foster the growth of local SCADA capacities for utility providers.
Wrong ITR form filed by 31 July: Should you submit a fresh ITR-3 by August-end or revise it later?
ITR-3 and ITR-4 filing deadline is 31 August for AY 2026-27. Salaried individuals may need these forms due to certain types of income. But if you filed ITR-1 or ITR-2 by mistake, should you file a fresh return now? Find out here.
Northeast India can become a strategic gateway for Indias emerging space economy: SIA-India
The Northeast India Space Workshop 2026 explored leveraging space technology for regional transformation. Discussions focused on building a stronger role within India's evolving space ecosystem. The region can advance space-enabled connectivity and disaster resilience. Local industries and startups will participate in emerging space manufacturing opportunities. A Centre for Space Entrepreneurship will foster innovation and talent development.
To tackle car sickness, Google has launched Motion Assist for Android users. This groundbreaking feature showcases animated patterns that dance along the edges of the screen, synchronizing with the vehicle's movements. Leveraging the phone's sensors to detect motion, it alters the display for a smoother experience, aiming to lessen sensory conflict and improve passenger comfort during journeys.
Indian Railways working to four-track 11,000 km of 7 high-density routes: Vaishnaw
India's seven high-density rail routes are being expanded to four tracks. These routes carry forty-one percent of total railway traffic across the nation. The expansion aims to increase passenger and freight carrying capacity significantly. This initiative supports growing movement of people and goods nationwide. It also promotes cleaner mobility and lower transport costs.
US, UAE, Singapore tourists can now pay Indian shops using their home payment apps: How it works
Foreign tourists in India can now use their home country payment apps at local shops without needing a bank account.
Govt steps up on LPG-to-PNG conversion as West Asia conflict continues to choke supply chains
The Ministry directs CGD entities to bring households immediately under the domestic PNG network
Indians invest record funds in overseas stocks, debt in June
Mutual funds investing overseas through the fund-of-funds route also held assets worth 465.5 billion rupees ($4.9 billion) as of July 31
What is a fun fund? Inside Gen-Z's new experience-first economy and budget playbook
Gen Z has coined a new category in discretionary spending with 'fun funds'. Opting for experiences over planned purchases, the younger generation is inclined to splurge on art exhibitions, travel, workshops, concerts, and more.
Media measurement must shift from outputs to business outcomes: WPPs Navin Khemka
Traditional media metrics alone do not guarantee business growth today. Brands must complement these with business metrics like lifetime value and loyalty. Attribution remains a challenge for marketers determining campaign impact accurately. India's advertising market is projected to grow despite economic pressures. WPP offers integrated solutions for understanding audiences and measuring impact.
Infineon Tech picks up 6.3 lakh sq ft Bengaluru office in Rs 750-cr rental deal
German firm Infineon Technologies has leased over 6.3 lakh sq ft office space in Bengaluru. This significant deal involves a rental payout exceeding Rs 750 crore over ten years. The company also announced its acquisition of power semiconductor startup C2i Semiconductors. This move aims to bolster Infineon's engineering and research capabilities in India.
Yashs Toxic: A Fairy Tale for Grown-Ups ends on a dark and unexpected note as Raya and Ticket finally come face-to-face in a brutal showdown. What initially appears to be a straightforward father-son conflict takes a surprising turn in the final moments, leaving viewers questioning what really happened. The ending also adds a deeper layer to Raya and Tickets troubled relationship and gives the films final scene a very different meaning.
Indian bullet train costs below global benchmarks: Official estimates
India's Mumbai-Ahmedabad high-speed rail corridor costs are significantly lower than comparable international projects. Officials state the project's per-kilometer cost is around Rs 390 crore, much less than others. Domestic suppliers and internal accruals are helping manage costs, avoiding new loans. Indigenous bullet trains will be tested by mid-2027, with commercial operations starting soon after.
Commercial sector funding more than doubles to 10.65 trn in April-July
Non-food bank credit jumped to 6.69 trillion from 0.73 trillion a year earlier, while total outstanding credit from bank and non-bank sources rose 17.4 per cent by July-end
Sugar prices ease after import approval, tighter bulk stockholding limits
Domestic sugar prices are easing after the government allowed 1 million tonnes of duty-free raw sugar imports and tightened stock limits for bulk buyers
Be the tax hero who files on time: I-T department reminds taxpayers of August 31 ITR deadline
Taxpayers with business income face an August 31 deadline to file income tax returns for AY 2026-27. Over 6.5 crore returns, including 5.9 crore filed by July 31, have been recorded. Non-audit taxpayers can use ITR-3, ITR-4, ITR-5, ITR-6, or ITR-7 forms.
Selling property in India as an NRI? Know these special tax rules, TAN requirements
NRIs face special tax rules when selling property in India that differ from those for residents. TDS rates vary by capital gains type. Buyers must ensure proof of TAN acquisition and TDS payment for registration.
10 Gorgeous Nature-Inspired Baby Names That Carry Special Meanings
10 Gorgeous Nature-Inspired Baby Names That Carry Special Meanings
Hoping to work towards further expanding scope of India-Japan trade pact: Piyush Goyal
India and Japan are actively reassessing their trade agreement, with the goal of broadening its reach. Both countries are looking to create fresh avenues for enhancing their bilateral ties. Ongoing talks aim to modernize the deal, addressing specific challenges faced by Indian exporters in Japan while simultaneously bolstering their strategic alliance through significant investment initiatives.
A Gen Z job seekers interview took an unexpected turn when the interviewer raised a question that immediately made the candidate reconsider the role. What followed was a decision that brought workplace boundaries, employee expectations and work-life balance into focus. The incident, later shared on Reddit, led to questions over whether job seekers should accept uncomfortable expectations to secure a position or recognise early warning signs and walk away.
The e-Shram portal completes five years today, with over 31.89 crore registrations. Heres what workers should know about e-Shram eligibility, benefits, registration process and fees, and whether the card offers any direct financial assistance.
100 now costs 2.1 million Iranian rials: Heres what it can buy in Tehran
The Iranian rial has plummeted to over 2 million rials per dollar amid harsh US sanctions and the ongoing Iran-Israel conflict.
At just 17, Aditya Bansal had no degree or professional portfolio, but Raj Shamani decided to give him an opportunity.
Indian mills gate, wholesale sugar prices continue to decline
Buyers begin calling shots in mill tenders, but retail prices rule above 60 a kg
Lord's Mark Industries Limited is making a strategic move into the Caribbean by forming a partnership that will set up pathology laboratories and promote the commercialization of medical devices. Supported entirely by ARKALL Holdings Limited, this expansion will begin in Trinidad & Tobago, followed by other regions. The companies expect this initiative to yield substantial export revenue in the coming ten years.
Government mobilises about Rs 3,000 crore from Hindustan Copper OFS
The government successfully raised nearly Rs 3,000 crore from selling Hindustan Copper shares. This offer for sale saw strong participation from retail investors, exceeding expectations. The government exercised its full greenshoe option, selling over 5.8 crore shares. This successful disinvestment adds to the Rs 52,716 crore already collected this fiscal year. Disinvestment collections now approach Rs 55,700 crore, nearing the Rs 80,000 crore target.
CBIC hikes gold tariff value; check latest update on other key imports
The CBIC has kept tariff values unchanged for several imported goods. Crude palm oil and soybean oil values remain the same for importers. Brass scrap and silver also retain their established tariff values. Gold's tariff value is set at $1,500 per ten grams. These unchanged tariff values will take effect from August 26, 2026.
Man quits Dubai's real estate rat race after dad's death, opens cafe in Uttarakhand
Man quits Dubais real estate rat race after dads death opens cafe in Uttarakhand
Radhika Gupta spoke about the importance of distinguishing between valuable possessions and sound financial investments. She identified the joker in an investment portfolio.
Find your ITR deadline: Upcoming income tax filing dates for non-audit and corporate filers in 2026
The 31 July ITR deadline for AY 2026-27 has passed, but taxpayers in other categories have more time. Key deadlines are 31 August for non-audit cases, 31 October for audit cases, 30 November for transfer pricing cases and 31 December for belated returns.
Why the Supreme Courts motor insurance judgment is a landmark
The Supreme Courts motor-insurance ruling goes beyond one familys 10 lakh claim, exposing Indias 56% uninsured-vehicle gap and highlighting why enforcement and consumer awareness must work together.
FSSAI issues notice to Delhi's JW Marriott, Juniper Hotels over misprinted license, food hygiene
FSSAI flagged serious food safety and hygiene violations at Delhi's JW Marriott hotel. Inspections revealed issues with sanitation, storage, and labelling practices across various kitchens. Regulatory samples were collected for further analysis after the inspection concluded. The hotel's FSSAI licence was also not prominently displayed on the premises. Similar food safety violations were also found at Andaz Aerocity in Delhi.
Aditya Bansal has shared the story of an unexpected opportunity that came at a time when he was unsure about his career and trying to find ways to earn money. A simple decision to reach out to someone he admired eventually opened a new path for him, teaching him the value of creating something useful, taking chances and staying with the work even when things did not go as planned.
To tackle the oppressive heat, Phoenix pioneered the use of lighter-toned roads, which successfully reduced surface temperatures significantly. However, this solution led to an increase in radiant heat impacting pedestrians walking nearby. Moreover, the effectiveness of the reflective coating waned over time as it succumbed to dirt and weather conditions.
Sugar prices rise over Rs 1 per kg for second consecutive day to Rs 65 amid festive demand
Retail sugar prices increased for a second day due to higher festive demand. Ex-mill rates have fallen significantly after the government allowed raw sugar imports. Wholesale sugar prices also saw a marginal increase on Wednesday. The government has imposed stock limits and banned exports to control prices. Sugar supply remains adequate with sufficient domestic production and opening stocks.
India's D2C boom is entering a new phase: Less big-money chasing, more business building
India's direct-to-consumer sector is maturing, with investors becoming more selective. Funding has shifted towards younger companies and early-stage ventures. Established brands like Lenskart and Licious continue to lead in funding. The stock market and acquisitions by large firms are now key exit routes.
Nepal floods: Monsoon low over India blamed as rain systems converge
WMO Beijing centre links deadly floods and landslides to vigorous monsoon; more heavy rain looms over Nepal and East India
Naming a nominee for mutual funds, shares or demat investments does not automatically make them the final owner after your death. Legal heirs can still claim their share, while a valid Will generally determines who ultimately inherits the investment.
Medicover India expects to turn profitable in 12-18 months after KKR buyout
Nineteen of Medicovers 25 hospitals are already profitable, while the remaining facilities are in various stages of ramp-up, P Hari Krishna, executive director, Medicover Hospitals India, told ET. He said newer hospitals typically take 12-18 months to fully break even.
Tea industry seeks Rs 113 crore annual package to revive Darjeeling sector
The Indian Tea Association seeks government aid for tea industry revival. Financial and regulatory reforms are proposed for Darjeeling and Dooars regions. The association requests support for production and modernization efforts. Measures aim to protect employment and rural livelihoods across North Bengal. Time-bound implementation of policies is crucial for sector sustainability.
ICAT issues first compliance certificate for 15-metre multi-axle sleeper bus
The certificate has been awarded to Synaty Automotive Pvt. Ltd. for its 15-metre multi-axle sleeper bus under AIS-119 and AIS-153 in accordance with the provisions of the Central Motor Vehicles Rules
A little-known experiment in 1947 saw scientists test an unusual idea by releasing dry ice into a hurricane over the Atlantic. The project was meant to explore whether cloud seeding could influence a powerful storm, but what happened afterward led to public anger and raised questions about how much humans could really control the weather. The episode later became an important chapter in the history of hurricane research and weather modification.
SC sets aside show cause notice to Tata Steel over input tax credit availed during FY19-23
The Supreme Court has quashed a tax demand notice against Tata Steel. This notice involved an alleged irregular input tax credit claim. The court found no deliberate attempt by the company to evade taxes. Proceedings under Section 74 require specific satisfaction from the assessing officer. The department's actions indicated a lack of satisfaction regarding the alleged tax shortfall.
