33 C 
After Nepal floods, Gandak level dips
ACME Solar raises Rs 1,571 cr project funding from IIFCL
ACME Solar has secured Rs 1,571 crore project funding from IIFCL for a Rajasthan solar project. This financing marks IIFCL's first sole greenfield finance to ACME, with a 19-year repayment tenor. The project will integrate solar generation and battery storage for assured peak power supply. This funding milestone brings ACME Solar's total financing this fiscal to Rs 10,976 crore. The project entails a total capital expenditure of Rs 2,123 crore.
Indian Railways is set to upgrade seven heavily trafficked routes, transforming them into four-line corridors. This ambitious project targets approximately 11,000 kilometers of high-density track, addressing the rising demands for passenger and freight services. Ultimately, these improvements will contribute to India's efforts toward sustainable transportation and cost efficiencies, laying the groundwork for substantial future growth in the rail sector.
Kannada actor Yash is one of the biggest pan-Indian stars today. His comeback film Toxic has minted Rs 140 crore on day one of its theatrical release. However, life has not always been so smooth sailing for the superstar. The son of a humble bus driver, he used to earn Rs 50 per day once upon a time.
Pune ITAT has ruled that a 65.21 lakh payout received by a Pfizer employee under a voluntary retirement scheme was a capital receipt and not taxable. The tribunal said Section 56(2)(xi) did not apply because the employee had voluntarily resigned under the scheme, rather than being terminated.
Nirmala Sitharaman pitches India growth opportunities to Canadian financial firms
Canadian investors were encouraged to explore Indias expanding market and participate more deeply across infrastructure, financial services and emerging growth opportunities
Amit Arora shared the dilemma of his cousin, who earns Rs 58 LPA in Pune and can save Rs 30 lakh annually while living with family. A Tokyo opportunity offers international exposure and potentially higher earnings but comes with greater costs and taxes. While family favours financial comfort in India, friends see global experience as a career accelerator, sparking debate among netizens.
Stock Markets on Aug 27: Sensex, Nifty Hit By HDFC Bank, Geopolitical Tensions
Indian benchmark indices, Sensex and Nifty, experienced declines in early trading, primarily due to selling pressure on blue-chip HDFC Bank and ongoing geopolitical uncertainties.
Nepal flash floods: Glacial collapse, not earthquake, triggered deadly disaster
Nepal flash floods were caused by a glacial collapse, not an earthquake. This event originated in Tibet and caused significant destruction in Nepal. The disaster killed 162 people and left 750 individuals missing. Among the missing are 133 Indian nationals who were in the affected areas. The US Geological Survey confirmed the glacial collapse after further analysis.
53.242 acres near Race Course, close to PM's residence, taken over, handed over to CPWD
Authorities have taken control of more than fifty-three acres of land near the Prime Minister's official residence following a court's dismissal of the Delhi Race Club's plea. The club's lease has remained unrenewed since 1994, leading the Land and Development Office to pass the site to the CPWD for management. The central case is set to be heard again on September 26, 2026.
Delhi Lakshmi Yojna: 2500 women get approval letters, aid to be disbursed from Sep 1
Tamil Nadu to release Mettur Dam water for Delta irrigation from September 1
Tamil Nadu will release Mettur Dam water for 45 days starting September 1. This decision considers drinking and irrigation needs despite monsoon rainfall shortages. The Supreme Court directed Tamil Nadu to approach the Cauvery Water Management Authority. Karnataka has reportedly released water as directed by the authority previously. The court will next hear the Cauvery water sharing dispute on August 31.
Pentagon's NATO review to prepare troop options
Juniper Green inks 25-yr power purchase agreement with SJVN for 50 MW FDRE project
The power purchase agreement (PPA) was signed at a tariff of 4.25 per unit for a tenure of 25 years
Nepal Flood Live Updates: Toll climbs to 168
Nepal Flash Flood LIVE Updates: At least 168 people have died and more than 1,100 remain missing after a glacial collapse triggered devastating flash floods and mudslides along the Nepal-China border, destroying roads, bridges and settlements and leaving hundreds of foreign travellers unaccounted for.Nepals National Disaster Risk Reduction and Management Authority said Thursday that 165 bodies had been recovered from flood-affected areas near the Bhotekoshi river at the Nepal-China border. Identification of the victims was under way.Also read: Nepal flash floods: List of nationalities of missing touristsChinas Xinhua News Agency reported three deaths and 558 missing people in Tibet after mudslides struck Gyirong county. Chinese state broadcaster CCTV said 260 of those reported missing in Tibet were foreigners and that two villagers had been rescued.Glacial collapse triggered sudden flood surgeNepals disaster management authorities separately said 579 travellersincluding 466 foreigners and 113 Nepaliswere missing from the affected area. The combined figure of more than 1,100 reported missing people reflects separate updates from Nepal and Tibet and may include figures that authorities are still working to reconcile.The disaster struck on Wednesday after an ice-and-rock mass collapsed in the Himalayas, sending a sudden surge of water and debris down the Lhende Khola river system. The flood swept through communities in Nepals Rasuwa district and affected Tibets Gyirong county near the border.Videos and drone footage showed muddy floodwaters washing away roads and bridges, burying vehicles and damaging buildings. Nepals Disaster Risk Reduction and Management Authority said as many as 80 bridges and 40 kilometres of paved highway had been damaged or swept away.At least 83 security personnel, including members of the police and armed forces, were also reported missing in Nepal. Hundreds of people have been rescued by helicopter, although damaged infrastructure, difficult terrain and widespread debris have slowed relief operations.The United States Geological Survey initially reported a magnitude 4.4 earthquake near Kathmandu but later revised its assessment, saying the seismic event was caused by a glacial collapse and debris flow rather than an earthquake.The USGS said the collapse triggered subsequent catastrophic impacts downstream. Climate experts at the International Centre for Integrated Mountain Development said an avalanche from a glacier likely caused the flash flood.Water levels in the Trishuli river rose by as much as nine metres within half an hour, the experts said.Also read: Nepal floods: 37 from Tamil Nadu, 32 from West Bengal, 77 Isha Foundation members among those missingIndia places Bihar and Uttar Pradesh on alertIndia has placed Bihar and Uttar Pradesh on alert for possible flash flooding. About 5,000 people were evacuated in Bihar after flood warnings were issued, according to the earlier AP report.India is also coordinating with Nepal on rescue and relief efforts, amid reports that 133 Indian pilgrims travelling to Mount Kailash were among those missing.Australias Foreign Minister Penny Wong said at least 34 Australians involved in pilgrimage and hiking groups remained unaccounted for.We understand these Australians were part of separate pilgrimage and tour groups, Wong said.Malaysias Foreign Ministry said 55 Malaysians in Kathmandu were unreachable because severe infrastructure damage had disrupted communication. It said there was no official confirmation of Malaysian casualties.Roads, bridges and villages swept awayThe floods struck rapidly in the morning, when many residents were preparing to leave for work.When I reached Dhunge bazaar, in half an hour, the flood came and damaged all the market. People were preparing to go to office then, resident Shoyam Rajbhandari said. How many people are missing or dead, we dont know.Videos showed what appeared to be the second floors of buildings in Nepals hard-hit areas covered in mud. Debris was left hanging from tree branches and power lines, while vehicles were buried under sediment.Rescue teams have been working to reach communities cut off by damaged roads and bridges. The United Nations, Red Cross and other organisations are coordinating humanitarian assistance.In Tibet, Chinese President Xi Jinping called for an all-out rescue effort. Xinhua reported that a Y-20 transport aircraft from the Western Theater Command Air Force was carrying a guidance team to help organise rescue operations in Gyirong county.A recurring Himalayan dangerThe Lhende Khola river system has flooded twice in 14 months. Last year, a glacial lake in Tibet overflowed after high temperatures, killing nine people and damaging critical infrastructure, including a bridge connecting Nepal and China.The Lhende Khola has flooded twice in 14 months, this time triggered by an ice rock avalanche from a glacier on the Nepal side that blocked the river and released a sudden surge downstream, said Saswata Sanyal, a disaster risk reduction specialist.He stressed the importance of early-warning systems in a warming Himalaya.Researchers have found that glaciers across the Hindu Kush Himalaya are melting faster, with ice loss rates doubling since 2000. Experts warn that rising temperatures, intense monsoons and unstable ice formations could make similar disasters more frequent across South Asia.What happenedA glacial collapse sent ice, rocks and debris into the Lhende Khola river system.The resulting flash flood swept through parts of Nepals Rasuwa district and Tibets Gyirong county.The USGS later ruled out an earthquake as the cause.Experts said the flood wave reached exceptional speed and magnitude.Casualties and missing personsNepal has recovered 165 bodies, with identification under way.Tibet has reported three deaths and 558 missing people.Nepal has reported 579 missing travellers, including 466 foreigners and 113 Nepalis.More than 1,100 people are reported missing across the two affected areas, although the figures remain subject to verification.At least 83 Nepalese security personnel are among those reported missing.Foreign nationals affectedNepalese tourism officials earlier said 133 Indians travelling on pilgrimage to Mount Kailash were missing. The list also included 47 Americans, 34 Australians, 33 Britons and 24 Canadians.The US State Department said it was working with local authorities to assist affected Americans and providing $500,000 in emergency funding, according to the Bloomberg report.Australia said it was coordinating with Nepal, the United Nations, the Red Cross and other organisations on a humanitarian response.The Himalayan range contains some of the worlds largest remaining glaciers and supplies water to millions of people. Its steep valleys are also vital transport and economic corridors but remain highly vulnerable to flash floods, landslides and glacial lake outbursts.The latest disaster has renewed concerns over the safety of communities and infrastructure across a rapidly warming Himalayan region.
Nepal floods: Sadhguru seeks access to flood site
Rupee rises 4 paise to 95.40 against US dollar during early trade
The rupee pared initial losses and was trading with gains of 4 paise at 95.40 against the American currency in early trade on Thursday, supported by easing Brent crude prices. Brent prices fell below the USD 90 mark for the first time in several sessions amid continuing discussions between Iran and Oman regarding a temporary shipping corridor through the Strait. While no final agreement has been reached, the fact that negotiations are continuing has reduced fears of a prolonged disruption to global oil supplies, forex traders said. At the interbank foreign exchange market, the rupee opened at 95.50, then fell to 95.52 against the greenback, registering a fall of 8 paise from its previous close. The domestic unit pared the losses and was later trading with gains of 4 paise at 95.40 against the American currency. On Tuesday, the rupee settled for the day higher by 26 paise at 95.44 against the US dollar. The Indian foreign exchange market was closed on Wednesday on account of ...
Once a top export, prized Kashmir carpet fades
It has survived wars and upheavals, but the famed handwoven Kashmir carpet industry is now battling a steady decline as younger generations abandon the painstaking craft. Until the 1980s, carpets were Kashmir's top export, but volumes have since steadily declined, with wars in Ukraine and the Middle East the latest blows to the trade.
Chinas bold bet on green hydrogen could determine fuels future
China is making a substantial investment in green hydrogen technology. This ambitious plan aims to significantly increase operational capacity by the decade's end. The nation leverages its vast industrial base and surplus clean energy for this initiative. Success hinges on overcoming cost challenges and fostering demand for the fuel. This strategic move could solidify China's clean-tech leadership and aid global emission reduction efforts.
Trump says the US doesn't need Canada; the economy says otherwise
WE DON'T NEED CANADA, THEY NEED US! Trump posted this week, repeating his long-running claim
Yashs Bengaluru duplex with Radhika Pandit blends contemporary luxury with Indian traditions and family-friendly spaces. Located in Prestige Golfshire, the home features golf-course views, a Greek-inspired balcony, indoor greenery, a Tulasi Katte and an open social kitchen. Interior designer Saniya Sardhariya said the couple wanted a modern yet culturally rooted space. Geometric patterns, natural stones, statement lighting and metallic accents add character, while open spaces and personalised details make the home feel warm and intimate.
Automakers thought Canada was getting a trade deal. Then tariffs doubled
Automakers face doubled U.S. tariffs on Canadian vehicles and parts starting January 1. This move significantly increases costs for major manufacturers like Ford and General Motors. The planned 50% levy on Canadian imports rivals existing tariffs on Chinese vehicles. Industry executives express concern over this uneven playing field and supply chain disruption. However, some hope a resolution will be reached before the deadline.
The Maharashtra cooperative court ruled that housing societies cannot impose higher maintenance fees based solely on property size or type, siding with residents who argued for equal charges. Full details of the case here.
Stock To Buy On Raksha Bandhan: Sumeet Bagadia Picks This Real Estate Stock For Up To 17% Upside
Sumeet Bagadia, Executive Director at Choice Broking, has recommended Prestige Estates Projects as his stock pick for the occasion.The real estate stock is showing a bullish technical setup, with improving momentum and key support levels strengthening its near-term outlook for investors.
RBI wants lenders to show their cards. What will change for borrowers?
The RBI wants banks and NBFCs to follow clearer rules on loan spreads, rate revisions and APRs. The changes could make borrowing easier to compare, but may also push lenders to price risk upfront.
On August 27, MCX gold prices rose in India as uncertainty in Middle East continued to support safe-haven demand. Check retail rates of both gold and silver in your city here.
Nayanthara is back on the news. The Lady Superstars current film Toxic, which stars KGF star Yash in the lead, has set the box-office on fire. As per reports, the action extravaganza has collected a whopping Rs 140 crore worldwide. This further cements Nayantharas reputation as a box-office lucky charm.
Mumbai Couple Wins Battle Against Builder
The Maharashtra State Consumer Disputes Redressal Commission has ordered Rizvi Estates and Hotels Pvt. Ltd. to either rectify defects in a flat or pay 1,50,000 for repairs, along with 50,000 for mental agony and 25,000 for litigation costs, after a couple reported cracks, leakage, and unfulfilled amenities.
RBI steps up intervention to support rupee amid higher oil prices
In one instance, the RBI spent $7 billion in just a day intervening in onshore and offshore markets as the rupee approached a record low
India-Russia FTA talks with EAEU reach advanced stage, says Russian Deputy PM Manturov
India and Russia's FTA negotiations are in an advanced stage, aiming for sustainable trade growth. This agreement will grant India access to the Eurasian region's rich energy and mineral deposits. Bilateral trade has significantly increased, with both nations pursuing a $100 billion target by 2030. Connectivity initiatives, including the Northern Sea Route, are also being explored for mutual benefit.
EPF Coverage Missed For Eligible Workers? EPFO Opens Special Enrolment Window Till October 31, 2026
EPFOs Employees Enrolment Campaign (EEC) 2026 gives employers a one-time opportunity to enrol eligible workers who were missed from EPF coverage between April 1, 2009 and March 31, 2026. Employers can use the special window to regularise eligible employees until October 31, 2026.
Central government pensioners and employee associations want the 8th Pay Commission to reduce the 15-year commuted pension restoration period to 1012 years. They argue that changing interest rates, longer life expectancy and lower mortality have made the existing 15-year rule outdated.
Can retirees claim enhanced 25L leave encashment exemption for pre-2023 years? ITAT ruling explained
Retirees can now benefit from a retroactive increase in leave encashment tax exemption from 3 lakh to 25 lakh, as ruled by the ITAT Chennai. Details here.
India-EU ties stronger than ever, FTA breakthrough driven by realism, pragmatism: EU Ambassador
India-EU relations are stronger than ever due to increased strategic understanding and comfort. The India-EU Free Trade Agreement negotiations progressed with realism and pragmatism from both sides. The Carbon Border Adjustment Mechanism aims to prevent carbon leakage and incentivize lower emissions. Both India and the EU seek to de-risk supply chains and build greater resilience. Cooperation will be strengthened through agreements and the India-EU Trade and Technology Council.
ET Startup Awards 2026: And the big winners are
Trump says the US doesn't need Canada. America's economy says otherwise
Despite President Donald Trumps claim that the United States does not need Canada, both economies remain deeply interdependent. Canadian oil, aluminum, potash, auto parts and electricity power American transport, agriculture, manufacturing and AI infrastructure.
Yashs Toxic has made a massive box-office debut, earning an estimated Rs 101.10 crore net in India on Day 1 across languages, according to Sacnilk. The gangster drama reportedly grossed around Rs 140 crore in India. Hindi contributed Rs 55 crore, followed by Kannada at Rs 23.30 crore and Telugu at Rs 16 crore. Directed by Geetu Mohandas, Toxic marks Yashs return four years after K.G.F: Chapter 2.
Can high-density orchards save Kashmirs apple economy from climate shocks?
Shopian, Aug 26:Repeated hailstorms and increasingly erratic weather are exposing the vulnerabilities of Kashmirs apple economy, prompting growers to look beyond traditional orchards and consider high-density plantations as a way to raise productivity and returns. Over the past two months, intense hailstorms have hit apple-growing areas across south Kashmir, damaging fruit and stripping trees at a crucial stage of the season. For growers already facing rising cultivation costs, the repeated weather shocks have added another layer of uncertainty. The losses have also renewed calls for a comprehensive crop insurance scheme and wider use of protective measures such as anti-hail nets. But some growers and horticulturists say changing the way apples are cultivated could be part of the answer. They fetch better prices and, to some extent, can be protected from weather shocks like hailstorms, said Manzoor Ahmad, an apple grower. He said that wider use of hail nets could help reduce losses in orchards, particularly as hailstorms become more frequent. High-density cultivation uses clonal rootstocks and allows substantially more trees to be planted in a hectare than conventional orchards. The trees can begin bearing fruit in about three years, compared with six to seven years for traditional plantations, allowing farmers to recover their investment sooner. The system can also deliver substantially higher yields from the same area, making it increasingly attractive to growers facing pressure on land, labour and input costs. Jammu and Kashmir is encouraging the transition through its Revised Modified High Density Plantation Scheme, which targets 5,500 hectares over five years and provides a 50% subsidy to farmers. Under the Holistic Agriculture Development Programme, the government is also working to increase the availability of quality planting material and strengthen nurseries and rootstock facilities. However, despite the push, the transition remains at an early stage. Izhan Javed, a well-heeled aaple farmer and spokesperson of Jammu and Kashmir Fruit and Vegetable Processing and Integrated Cold Chain Association (JKPICCA) said that only around 1% of the regions apple-growing land is currently under high-density cultivation. High-density now seems to be the future. This year, we are seeing Gala varieties fetching far better prices, he said. Javed added that acceptance of Kashmiri Gala is increasing day by day. Growers said Gala apples are currently fetching around 100 a kg at the farmgate, although prices vary depending on quality and market conditions. For farmers, the attraction of high-density orchards goes beyond higher yields. Earlier fruiting means an orchard can begin generating income sooner, while greater production per hectare could improve returns from increasingly fragmented holdings. Yet high-density cultivation does not remove the biggest risk facing Kashmirs apple growers: extreme weather. While the structure of modern plantations may make protective measures easier to deploy, growers still need hail nets, timely weather warnings to absorb losses when severe weather strikes. The weather has become unpredictable. We cannot depend only on traditional orchards anymore, said Tariq Ahmad, another apple grower from south Kashmir. Ahmad said that apart from good prices, high density plantation could be easily protected from weather shocks.
Groww's up! Who won big at ET Startup Awards?
Nestl backs Indias front-of-pack labelling push, seeks science-based approach
Nestl's global CEO welcomed India's mandatory front-of-pack labelling proposal. He suggested manufacturers contribute to making the program more scientific. The company will share experiences from other countries with the government. Nestl India has invested significantly in capacity expansion recently. The company's leaders also met with Prime Minister Narendra Modi.
Air Indias $1.5 billion funding ask sparks backlash in Singapore parliament
A Singapore politician questions the logic of Singapore Airlines supporting Air India. He opposes using Temasek funds for Air India's turnaround efforts. The politician seeks parliamentary answers on Air India's financial assessment. He stated that Singaporeans do not owe Air India any support. Singapore Airlines should fund its Air India investment independently.
Companies may get a consult for nuclear power entry
Department of Atomic Energy is proposing a new consulting subsidiary for NPCIL. This unit will guide private companies entering the nation's nuclear energy sector. It will offer design, engineering, and regulatory support for PHWR units. The SHANTI Act opened nuclear generation to private players last year. This move supports India's goal of 100 GW nuclear capacity by 2047.
India, China may build new framework for investments
India and China are exploring new frameworks for business exchanges and investments. Beijing may unveil an investment package for India during President Xi Jinping's visit. This includes a special economic zone with easier sea route access. Efforts are underway to ease approval processes for Chinese investments in non-strategic sectors. Both nations aim to improve overall ties and manage differences after a freeze.
Trump says U.S. doesn't need Canada; America's economy says otherwise
Donald Trump has imposed a 50% tariff on Canadian aluminium while acknowledging this week that the United States badly needs the metal
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.
Anthropic inks $45 bn AI computing deal with Nscale
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.
Tata Power loses challenge to $490 million arbitration award
Tata Power's challenge to a $490 million arbitration award was rejected by Singapore's court. The court upheld damages awarded to Kleros Capital Partners regarding a Russian coal asset bid. Disagreements over leadership and ownership soured the partnership in 2015. Kleros alleged Tata Power misused confidential information and acted in bad faith. The company must now pay Kleros' legal costs, which are yet to be determined.
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.
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.
Bennedict Mathurin gets a fresh start with Pelicans on reported $16 million contract
Bennedict Mathurin joins the New Orleans Pelicans on a two-year contract. He arrives after a season split between two NBA teams. Mathurin averaged a career-high 17.6 points per game last season. The deal includes a player option for additional flexibility. This signing adds another scoring option for the Pelicans.
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 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.
Hybrid funds offer exposure to multiple asset classes through a single scheme. But how have different hybrid fund categories performed? Heres a look at the top and bottom performers based on 3-year SIP returns.
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.
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
India on track to become third-largest economy despite global crisis: Rajnath Singh
India is among the world's top five economies and will soon reach third place. The nation is strengthening its indigenous defense production capabilities significantly. Defense exports have increased substantially after 2014, reaching new heights. Women now hold prominent leadership roles in defense and development sectors. Citizens are urged to uphold national unity and constitutional values.
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.
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.
Apple announces September 9 event, calls it Surprise and Shine
Apple has officially scheduled its highly anticipated iPhone event for September ninth, a significant moment as John Ternus will deliver his inaugural keynote as the new CEO. The event will potentially showcase the iPhone 18 Pro and Pro Max, alongside the debut of its first foldable model, rumored to be named the iPhone Ultra.
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.
