35 C 
India's GLP-1 boom slows amid price war, weak retention
Initial excitement for India's generic weight-loss drugs is fading. Domestic manufacturers are lowering sales targets due to slower-than-expected prescriptions and patient retention. Unexpected price cuts from the innovator, coupled with the high cost of generics for Indian consumers, are impacting adoption. This has led to a wait-and-watch approach for upcoming launches, with a potential revival anticipated later in the fiscal year.
Nancy Guthrie's disappearance has taken a new turn with anonymous tips suggesting she's buried in Mexico. A volunteer group is investigating, but authorities remain skeptical, citing a lack of evidence linking her to the area or cartel activity. Retired FBI agent Maureen O'Connell questions the tips' credibility, emphasizing the need for verifiable origins. The search for the 84-year-old, who was taken from her Arizona home, continues.
One of the worlds oldest stories just got an AI makeover, with the voice of an Oscar-winning actor
Homer's epic 'Odyssey' has been reimagined as a 13-hour audiobook, narrated by an AI-generated voice clone of Oscar-winning actor Michael Caine. This innovative use of artificial intelligence in storytelling, while praised by some for blending creativity with technology, sparks debate in Hollywood. Many actors are pushing back, advocating for 'human consent' registries to protect their likeness and voices from unauthorized AI replication.
Tiny fiber-optic cables on seabed can do a lot more than you can imagine as researchers have found that these underwater communication cables can detect silent whales by sensing low-frequency pressure waves created while they swim. The discovery could improve whale monitoring, conservation efforts, and ocean research. Scientists used existing fibre-optic cable networks, ship data, and physics to develop a new method for tracking whales even after they stop vocalizing.
'Big Pharma funded COVID cartel to hide it all!': Sen Johnson drops shocker on vaccine injuries
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a cargo ship was struck near Oman, raising concerns over crude shipments through the Strait of Hormuz. Brent and US WTI crude futures moved higher as traders reacted to supply risks, technical buying, and uncertainty surrounding Iran, shipping security, and global oil exports.
The quote of the day from Roman Stoic philosopher Seneca, The final test of freedom is this: Can you remain the same person in praise, in insult, in gain, and in loss, highlights the idea that true freedom comes from inner stability rather than external circumstances. Explore the meaning behind this timeless insight, and how Stoicism encourages people to remain grounded through both success and adversity.
'We're going to defeat them': Mullin unveils DHS plan to crush cartels & stop illegal crossings
'Are pro-lifers white supremacists?': GOP lawmakers brutally torch SPLC CEO at fiery House hearing
Perizaad Zorabian, known for her roles in 'Jogger's Park' and 'Bollywood Calling', transitioned from acting to lead her family's poultry business. Initially drawn to entrepreneurship and even trained in acting, her career took an unexpected turn after a chance encounter led to modeling and then Bollywood. Post-marriage, she successfully expanded the poultry enterprise into a significant empire, now employing 700 people and generating substantial revenue.
A Spanish proverb, 'A thief who steals from a thief has a hundred years of forgiveness,' highlights society's complex view on justice. It suggests people often feel less sympathy for wrongdoers facing consequences from their own kind, reflecting a natural inclination towards fairness. While not condoning theft, the saying underscores that actions can return to their source, prompting reflection on human psychology and the cycles of wrongdoing.
Life lesson of the day by Wayne Dyer: Motivational speaker Wayne Dyer advocated for a simple yet profound daily practice: five minutes of mindful appreciation for the world around us. In our busy lives, pausing to notice nature's miracles and everyday wonders can significantly boost mental well-being and foster contentment.
Brazilian proverb of the day highlights the message behind the saying, A timely 'no' beats a hasty 'yes'. The proverb teaches people to avoid rushed agreements and instead make careful decisions. It explains how healthy boundaries, patience, self-awareness, and clear communication help prevent over-commitment and regret. The proverb remains useful in personal life, workplaces, relationships, and everyday decision-making across different situations.
US gives India assurance on access to AI technologies
India has received assurances from the US that access to AI technologies will remain open, according to a top official. New Delhi believes the AI sector still requires innovation and is not yet ready for regulation. US officials expressed concerns about the potential impact and use of advanced AI models, seeking a review mechanism before their release.
PFC, REC seek to help centre retain majority at low cost
Power Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary options are being considered: issuing preference shares at 10 each, requiring an estimated 800 crore outlay, or subscribing to non-tradable bonds worth around 24,000 crore. Advisors favor the preference share route, deeming it less expensive than the recurring interest costs of bonds.
RBI nudges banks to offer better forex rates to retail customers
The Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allows direct trading at inter-bank rates, aiming to eliminate the higher mark-ups previously charged. This move seeks to bring transparency and fairness to forex transactions, ensuring smaller customers get deals comparable to larger corporations. The RBI will now monitor bank performance on this initiative quarterly.
In Rajasthan's scorching Barmer-Batadu heat, 77-year-old Thana Ram Kadwasara has become a beacon of hope for travelers. For two decades, he selflessly distributes free, cool water to laborers, drivers, and families on the highway. His unwavering dedication, without any expectation of reward, has earned him the affectionate titles Angel of the Desert and Water Baba, inspiring millions with his simple yet profound act of kindness.
Hormuz evacuation suspended after attack in Gulf of Oman: Maritime group
Following a recent attack on a ship in the Gulf of Oman, the International Maritime Organization has temporarily suspended evacuations through the Strait of Hormuz. This pause allows authorities to thoroughly re-evaluate security measures and confirm that essential safety assurances are in place for all vessels navigating this critical maritime route. The decision aims to ensure the well-being of ships on the evacuation list and the broader maritime community.
RBI opens term money market to AIFIs, housing finance companies
The Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them to borrow and lend. Prudential borrowing limits for primary dealers have also been significantly increased. These moves aim to deepen market participation and improve liquidity, ultimately strengthening monetary policy transmission by linking short-term and long-term interest rates.
Iran fired on cargo ship in Strait of Hormuz, say US officials
Iran fired on a cargo ship transiting the Strait of Hormuz on Thursday, according to two US officials cited by Reuters. The vessel had earlier reported being struck by a projectile near Oman's coast. The incident raises fresh concerns over maritime security and shipping traffic through the strategically vital waterway.
FIR lodged over Ram Temple donation 'fraud'
Following a preliminary report by a Special Investigation Team, the Shree Ram Janmabhoomi Teerth Kshetra has filed an FIR with Ayodhya police concerning alleged irregularities in donation money. Eight individuals, including six directly involved in counting funds, have been named. The FIR cites charges of theft, criminal breach of trust, and conspiracy. The investigation may explore how these individuals were selected for their roles.
The Ethiopian proverb, A person who isolates themselves from advice is like a Sunday market; it begins with loud shouting, but ends completely empty without bearing any lasting fruit, highlights the importance of staying open to guidance and different perspectives. Using the image of a busy market that eventually produces nothing of lasting value, the saying warns that confidence, activity, and big plans alone are not enough for success.
Centre eyes medical tourism boost with funding support for hospitals
India is gearing up to become a global medical tourism powerhouse with a new government scheme. Funding will boost hospitals, colleges, and healthcare infrastructure, incorporating smart technology and AI. Mandatory quality standards and international accreditation will be key. The plan aims to establish five integrated Regional Medical Hubs, fostering medical services, education, and research, with projections showing significant market growth.
Govt extends deadline for bids under Rs 7,280-crore rare earth magnet scheme
Industry demands have prompted the Ministry of Heavy Industries to extend the bidding deadline for its rare earth permanent magnet incentive scheme by a month to July 29. This crucial initiative, with a 7,280 crore outlay, aims to build 6,000 Metric Tons Per Annum of integrated manufacturing capacity for these vital magnets. Technical bids will now be evaluated on July 30.
Govt targets solar, hydrogen components to cut import dependence
India is boosting domestic manufacturing across solar, green hydrogen, and wind energy sectors to curb import reliance. Key focus areas include solar inverters, electrodes, catalysts, bipolar plates, and polysilicon. This strategic move aims to strengthen the supply chain for critical components, addressing current import dependencies and fostering long-term cost competitiveness for India's burgeoning renewable energy industry.
Eighth Pay Panel may stay cautious on fitment factor
While the Commission hasn't yet finalised its recommendations, early discussions suggest that the fitment factor could remain close to the 2.57 multiplier adopted by the Seventh Pay Commission, even as employee unions continue to push for a higher revision.
Quote of the Day by Sam Manekshaw: Sam Manekshaws quote, The primary, the cardinal attribute of leadership is professional knowledge and professional competence emphasizes that true leadership is rooted in expertise and capability. It suggests that effective leaders are not defined merely by rank or authority, but by their deep understanding of their field and their ability to apply that knowledge with skill and confidence.
Psychology of retail therapy and shopping addiction: A study reveals nearly half of adults surveyed exhibit signs of shopping addiction, driven by a need to escape negative emotions. Researchers found that excessive shopping, often triggered by stress or sadness, leads to guilt and financial strain.
Colonel, major named in FIR over alleged attack on J&K's Kishtwar police station
Jammu and Kashmir Police have filed a case against several Army men from 17 Rashtriya Rifles in Kishtwar for allegedly storming a police station and assaulting officials. The FIR names a colonel and a major, accusing them of leading a group that caused extensive damage and injuries. The Army has pledged full cooperation with the investigation, while police urge against exaggerating the incident, emphasizing inter-force synergy.
CBI raids 80 locations in 16 states in crackdown on digital arrest scams
In a significant crackdown, the CBI has dismantled a cybercrime network behind digital arrest scams, conducting searches across 16 states. Operation Chakra-VI led to the arrest of two individuals involved in creating shell companies and laundering 2 crore. The agency also uncovered a fake Supreme Court website used to deceive victims, seizing incriminating evidence and digital devices.
US trade deal to be on the day India secures tariff edge: Piyush Goyal
India's impending trade agreement with the US is centered on gaining a tariff advantage over competitors like China and Vietnam, as asserted by Commerce Minister Piyush Goyal. He noted that the deal is nearly complete, with teams fine-tuning the details. Goyal stressed that the pacts success relies on creating this competitive leverage, allowing India to thrive amidst regional rivals.
India seeks to broaden textile manufacturing footprint beyond Tirupur and Surat
India is working to expand its textile manufacturing base beyond traditional hubs such as Tirupur, Surat, Panipat and Ludhiana, by engaging with states that currently have limited industry presence. The textiles ministry is in talks with Chhattisgarh, Kerala and Jharkhand to support new manufacturing clusters, an official said.
Cylinder sales restored to pre-war levels & bulk supplies raised to 50%
The government has restored commercial LPG cylinder sales to pre-conflict levels after supplies improved, bringing relief to industrial and business users. The decision comes as import flows stabilised and domestic output strengthened, according to the oil ministry on Thursday. Bulk LPG supplies, which were earlier suspended after the disruption in late February, have also been raised to 50% of pre-conflict levels.
The Passport act: Why the little book was never a proof of citizenship
A recent statement by the Ministry of Foreign Affairs clarifying that a passport is not proof of citizenship has sparked debate. Indian courts have consistently ruled that documents like passports, Aadhaar, and PAN cards do not establish citizenship, which is governed by separate laws. This clarification, while causing a social media stir, does not alter existing passport issuance processes or validity.
Tunisia vs Netherlands FIFA World Cup 2026 Live Streaming: India gears up for a thrilling FIFA World Cup 2026 clash as the Netherlands take on Tunisia in their final Group F match. Catch the action live on Friday, June 26, 2026, at 4:30 AM IST. Stream it for free on JioCinema or watch on Sports18 Network. The Dutch aim to top the group, while Tunisia plays for pride.
Supreme Court lets Trump end deportation protections; 350K Haitians, 6K Syrians to be deported?
Paris to set ban on drinking alcohol in public to deal with heatwave
Paris is implementing a ban on public alcohol consumption starting Friday midday to combat health risks exacerbated by the ongoing heatwave. Police chief Patrice Faure announced the edict, emphasizing the severe impact of drinking under intense sun. This measure aims to protect residents from the detrimental effects of the extreme weather. The ban will be in effect from noon onwards.
Do you think able-bodied & able-minded people need SNAP?: Fallon vs Dem Witness erupts over fraud
India notifies QCO enabling flexible sourcing framework for some sectors
India has unveiled a new Quality Control Order for 2026, offering a flexible sourcing framework for key industries like toys and electronics. This move aims to balance regulatory adherence with innovation and supply chain resilience. The initiative, valid for five years, will grant permissions based on technical prowess and a commitment to technological advancement, fostering domestic growth and consumer trust.
Do Americans need Coca-Cola to survive?: Rep Gill vs Dem Witness explodes over SNAP benefits
'There is evil in this world!': Secy Mullin gets emotional, rips Biden admin over child trafficking
Quote of the Day: Facing criticism for new ideas is a sign you're on the right track, according to Amazon founder Jeff Bezos. Innovation inherently disrupts the status quo, and resistance is a natural human reaction. In today's age of instant feedback, it's crucial to filter constructive criticism from mere cynicism. Focus on your progress and results rather than seeking universal approval to foster personal and professional growth.
Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reports
Venezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts following recent earthquakes. The government intends to establish a dedicated fund for rebuilding damaged infrastructure, hospitals, and housing. This move comes after the IMF restored Venezuela's access to these funds in April, recognizing the current administration.
India outlines energy storage, nuclear targets at BRICS meet
BRICS nations are prioritizing energy security, advocating for diverse and stable energy systems. Ministers met in New Delhi to boost cooperation across fossil fuels, renewables, hydrogen, and storage. India highlighted its ambitious energy storage and nuclear power goals, alongside achievements in ethanol blending and international solar initiatives. The bloc also emphasized affordable financing and research for sustainable development.
'Not a genuine Medicaid investigation': DeGette accuses CMS of politically targeting blue states
$300M USDA fund stolen by Minnesotas Somali community?: IG Walk drops bombshell as Luna grills
This is not a joke, my friend, lets get real: Stunsberry SHUTS DOWN GOP colleague over SNAP cuts
Kuki-Zo Council apologises for killing of six Naga hostages, seeks fair probe
The Kuki-Zo Council has expressed deep regret over the killing of six Naga hostages, calling it a grave mistake driven by emotion. The apex tribal body has demanded a fair investigation into all violence amid ethnic unrest. They also highlighted the lack of similar attention to the killing of Kuki-Zo civilians and the burning of villages, urging equal justice for all victims to foster reconciliation.
'CMS used ChatGPT for its own data?': Rep. Clarke alleges political attack on New York Medicaid
'I am not here to minimize Minnesota fraud but...': Guthrie raises red flags over Medicaid scandal
Scientists uncover hidden history of abandoned cows: A tale of survival unfolded on Amsterdam Island, where five abandoned cattle in 1871 defied the odds to establish a thriving feral herd for over a century.
Abhijit Bhattacharyya | Currency Stability Basis Of A Nations Economy
Indias first woman PM got deep into an all-round mess of two wars (the 1962 treachery by the Chinese and the aggression of Pakistani dictator Ayub Khan in 1965). A combination of drought, an adverse trade balance, a mounting current account deficit and acute foreign exchange crisis led to India facing potential economic collapse. The nail in coffin was due to the stringent loan/aid conditions imposed by the World Bank and International Monetary Fund
Oral-B iO Series 9 Review: A 16,000 Toothbrush That Knows When You're Brushing Wrong
Oral-B's iO Series 9 electric toothbrush impresses with its refined motor and superior cleaning, especially for those with crowded teeth. While its AI coaching is insightful initially, the pressure sensor is the standout feature for improving brushing habits. Despite its high price, the core brushing experience and effective pressure guidance make it a top performer, though cheaper iO models offer similar cleaning.
Political will driving India-US trade deal, says ex-diplomat
India and the US are making significant progress on their trade deal, with both sides expressing optimism about sealing an interim pact soon. Following a key breakthrough last year, ministerial-level discussions have concluded, focusing on deepening economic ties. Strong political will from both President Trump and Prime Minister Modi is driving the negotiations forward, aiming for mutual economic benefits and strengthened trade linkages.
How can a giant planet be lighter than cotton candy? Scientists just found two
A groundbreaking super-puff planet discovery has revealed two giant exoplanets with densities below cotton candy, changing how scientists understand alien worlds. These Jupiter-sized planets show that planet formation, planetary atmospheres, and distant space systems can behave in unexpected ways. The rare finding gives astronomers new clues about how planets grow, evolve, and survive across the universe.
Football shows a changing America, its tastes shaped by migration
Football's surge in the US is fueled by immigration, Premier League's TV appeal, and women's success. The FIFA World Cup 2026 blends nationalism and globalization, with a global labor market for players. Data reveals surprising insights, like clean sheets being more valuable than goals. While spontaneous genius remains, physical demands on players have intensified. Cricket's potential adoption in the US is linked to baseball's popularity and South Asian immigration.
British military says a cargo ship was hit while moving through the Strait of Hormuz
In a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as Iran warned of the need for its consent for passage. Despite this incident, multiple tankers successfully navigated the critical waterway. U.S. Secretary of State Marco Rubio reiterated the U.S.
Vessel hit by 'unknown projectile' in Hormuz Strait: Maritime agency
The UK Maritime Trade Operations (UKMTO) security agency reported that the incident occurred 7.5 nautical miles (14 kilometres) southeast of Dahit, in Oman's Musandam exclave.
GTA 6 is finally coming to India: Price, platforms, download details, and why it took 13 years
After years of anticipation, Grand Theft Auto VI is finally set to arrive in India on November 19, 2026, with pre-orders now live on PlayStation and Xbox stores. Priced at 5,999 for the Standard Edition and 7,499 for the Ultimate Edition, the game will launch exclusively on current-generation consoles, including PS5, PS5 Pro, Xbox Series X, and Xbox Series S, with no PC version announced yet. Set in a modern-day Vice City, GTA 6 follows dual protagonists Lucia Caminos and Jason Duval and marks Rockstar's first mainline GTA release since 2013.
I talk to paneer and milk, says the man behind Milky Mists incredible dairy journey
Psychologists suggest that people who willingly take on difficult challenges are not necessarily ignoring fear, they may be building confidence, resilience, and self-awareness through it. Drawing on psychologist and ultrarunner Nick Holton's experience completing a demanding 38-mile run across Zion National Park, the article explains how stepping outside one's comfort zone can expand perceived limits, make once-intimidating tasks feel manageable, and reveal hidden strengths. While discomfort can be physically and emotionally taxing, it often creates opportunities for growth, greater presence in the moment, and a lasting sense of achievement.
Idiom of the Day: In life, silence can sometimes carry more meaning than words. The idiom give someone the cold shoulder describes the act of deliberately ignoring or showing indifference toward someone, often after a disagreement or misunderstanding. Instead of addressing issues directly, a person uses silence and avoidance as a form of emotional expression. This behavior can be found in friendships, families, and workplaces, where it often leads to confusion and emotional distance.
Ashok Pathak, the actor behind the viral 'Binod' character from Panchayat, has achieved national recognition after a challenging journey. Overcoming humble beginnings and financial struggles, Pathak pursued his acting dreams with unwavering determination. Despite facing rejections and criticism about his appearance, he persevered through small roles, eventually finding widespread acclaim and even gracing the Cannes Film Festival with his presence.
The Charlie Munger psychology lessons continue to inspire people seeking smarter decisions and lasting success. Rather than relying on intelligence, talent, or luck, Munger believed mindset and mental discipline shape better outcomes. His five timeless psychology lessons reveal why emotions, incentives, habits, and clear thinking shape better decisions. Backed by modern psychology, these insights offer practical wisdom that can improve both your career and everyday life.
Life performs better in heat, but what happens next surprised scientists
Global warming climate change study: A groundbreaking analysis of over 30,000 experiments reveals a universal pattern in how life responds to heat. While moderate warmth boosts biological performance across bacteria, plants, and animals, extreme temperatures trigger a rapid decline, pushing organisms towards a critical tipping point faster than anticipated.
All eyes on Sooryavanshi as India struggle with poor training facilities
India's T20 preparations in Ireland faced initial hurdles with sub-standard practice facilities, but the focus quickly shifted to teenage sensation Vaibhav Sooryavanshi. His impressive net session with the senior team generated significant excitement among the Indian diaspora in Belfast. Despite the spotlight, Sooryavanshi appeared at ease, showcasing his attacking prowess. The young batter's arrival has created a buzz, with fans eager to catch a glimpse of the emerging star.
Storage in Indias 166 major reservoirs drops to 26% of capacity
Two reservoirs are empty as South-West moosoon rain in June is the worst in 146 years
APEDA facilitates first biscuit export from Varanasi to Oman
Inaugural shipment comprises 40 tonnes of biscuits manufactured by Shree Tirupati Balajee Industries, a Varanasi-based exporter
FIFA World Cup 2026: Morocco's Saibari makes history during clash against Haiti, makes Africa proud
Morocco triumphed 4-2 over Haiti in a thrilling World Cup encounter, with Ismael Saibari etching his name in history by scoring in his third consecutive tournament match. The Atlas Lions twice came from behind, ultimately securing their spot in the Round of 32 thanks to a late surge powered by Soufiane Rahimi and Gessime Yassine. Haiti exited with pride after a spirited display.
LIVE: Ron DeSantis, Tom Homan deliver major immigration update
Tunisia vs Netherlands FIFA World Cup 2026 Live Streaming: Football fans in India are gearing up for a thrilling FIFA World Cup 2026 encounter as Germany faces Ecuador. While Germany aims for dominance, Ecuador seeks a significant upset. Details on match timings, live streaming on platforms like ZEE5, and TV telecast channels are being finalized. Both teams boast key players, promising an intense group-stage battle.
US proposes to drop brake pedal requirements for self-driving vehicles
US regulators are proposing to remove the mandatory manual brake pedal requirement for self-driving cars, aiming to accelerate their deployment on American roads. This move, while maintaining strict braking performance standards, is part of broader efforts to streamline the rollout of autonomous technology. The agency also withdrew a previous voluntary framework for evaluating self-driving vehicles due to industry concerns about stringency.
ED attaches over Rs 55-crore assets of Punjab minister Sanjeev Arora, linked entities
Enforcement Directorate has attached assets worth Rs 55.57 crore belonging to arrested AAP leader Sanjeev Arora, his family, and a realty firm. Arora was apprehended in a Rs 100 crore GST fraud case linked to mobile phone sales. The agency alleges a realty company, Hampton Sky Realty Limited, facilitated bogus exports through shell firms, with the total proceeds of crime estimated at Rs 102.99 crore.
'Growth momentum solid,' IMF says, backing Fed's wait-and-see approach
The U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates inflation will hit the Federal Reserve's 2% target by late 2027. IMF spokesperson Julie Kozack praised the Fed's decision to hold interest rates, emphasizing the need for cautious, data-driven policy adjustments moving forward.
'Fragmentation is here to stay' and 'it is not altogether bad...': Jaishankar on global cooperation
Life lesson of the day by Bill Gates: Bill Gates quote, I believe that if you show people the problems and you show them the solutions they will be moved to act, explores the power of awareness, knowledge, and practical problem-solving in creating positive change. The quote suggests that people are more likely to take meaningful action when they understand both the challenges that exist and the solutions available to address them. Rather than focusing only on difficulties, it emphasizes the importance of offering hope, direction, and achievable ways forward.
Trump to mark US 250th anniversary at Mount Rushmore
President Donald Trump is set to headline a July 3rd fireworks celebration at Mount Rushmore, marking a significant event for America's 250th anniversary. The South Dakota memorial will host military tributes and a speech by the President, continuing his tradition of grand, patriotic spectacles. This appearance holds particular significance for Trump, who has a known interest in presidential monuments and his own historical legacy.
Emmanuel Macron hosts Giorgia Meloni for Riviera talks after Trump rift
One of Europe's most prominent right-wing leaders arrived in the resort of Antibes on the French Riviera for her first bilateral summit with Macron.
'Congresswoman, I like facts: Mullin unloads on Rep Underwood over ICE detention center death rate
India convinces US to wait on trade pact amid tariff flux
Goyal asserts there can be no interim deal till India gets competitive advantage over rival countries
How Andhras Banganapalli mangoes found a sea route to Singapore
ICAR, APEDA sea protocol cuts export costsby a tenth
Suryoday SFB board approves plans to raise up to Rs 500 crore via equity and debt
Suryoday Small Finance Bank's board has greenlit plans to raise up to Rs 300 crore through share sales and Rs 200 crore via debt instruments. These fundraising avenues, including rights issues and QIPs, are approved for one year. The bank, with a strong capital adequacy ratio, also set July 17 as the record date for its proposed 15% dividend, signaling a proactive approach to growth and shareholder returns.
BRICS Energy Ministers stress on diversified, resilient & transparent energy systems, supply chains
The Ministers also appreciated Indias efforts in successfully hosting the 11th BRICS Energy Ministers Meeting
Airtel outpaces Jio in May wireless user gains; adds 2.93 million subscribers
Bharti Airtel surged ahead in subscriber additions during May, welcoming nearly 2.93 million new users, surpassing Reliance Jio's 2.15 million. Despite this, Jio maintains its market dominance with a 39.27% share. Vodafone Idea saw a slight uptick, while BSNL experienced a subscriber decline. India's overall wireless base expanded to 1.294 billion, indicating continued sector growth.
Should you invest in last years top mutual fund? Experts warn against this common mistake
Experts caution against chasing performance after fund rankings, as returns are influenced by market conditions. Instead, investors should focus on long-term goals and avoid frequent switches, which can lead to missed opportunities and additional costs.
Bombay HC dismisses petition to annul negative settlement of MCX crude futures in 2020
The dispute arose after the NYMEX May 2020 crude oil contract settled at an unprecedented negative $37.63 per barrel on April 20, 2020, amid a collapse in demand and storage shortages during pandemic-related lockdowns
Adani Airports to invest Rs 20,000 crore in airport cities spanning 655 acres
Adani Airport City Limited is investing over 20,000 crore to build integrated airport cities across six Indian airports. These developments will feature hospitality, retail, and commercial spaces on 655 acres, aiming to transform airports into hubs for commerce and urban growth. The initiative, inspired by global airport districts, prioritizes sustainability and aims to create vibrant urban destinations.
Reserve Bank of India issues final rules on credit derivatives
The rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without any restrictions on purpose, while limiting the use of these instruments by non-resident users for hedging purposes.
DGCA probes taxiway incident involving Air India, IndiGo aircraft at Ahmedabad airport
Both aircraft stopped at a safe distance after Air India aircraft took incorrect taxi route following landing
Indians are more open to personal AI agents than anyone else in Asia Pacific, says Adobe study
Adobes 2026 AI and Digital Trends Report suggests Indian consumers are leading the Asia-Pacific region in embracing personal AI agents, with 60% interested in creating their own AI assistant. The study found that Indians are increasingly comfortable allowing AI to handle tasks such as customer service, shopping, and brand interactions, with many open to AI agents communicating on their behalf. AI is already influencing purchasing decisions through personalised recommendations and virtual shopping assistants, though transparency and the option to switch to human support remain critical for trust.
