Economy

In 2000, Johns Hopkins team treated 18 paralyzed rodents with neural stem cells. 6 years later, the team engineered working motor-neuron circuits in paralyzed adult animals, extending the original finding

Johns Hopkins research from 2000 and 2006 represents an important scientific progression in the search for ways to repair damaged nervous systems. The original experiment involving 18 paralyzed rodents provided evidence that neural stem cells could migrate toward spinal-cord injury and coincide with functional improvement.

Mumbai milk price hike: Wholesale rates to rise to 102 per litre from Sept 1

The price revision comes as dairy farmers and cattle shed operators face rising costs for feed, transportation and livestock maintenance

British rock song, which came out in 1988, reached #1 position on the US Billboard Hot 100. It never charted in the UK

One British pop-rock single, which was released in the late 1980s, became a roaring success in America, reaching the enviable number one position on the Billboard Hot 100. However, while The Escape Club hit gold in the US; their breakthrough song never charted in their home country.

Worried about blood-sugar spikes after feasting? A tablespoon of a cheap kitchen ingredient can reduce blood sugar levels after meals, says Glucose Goddess

Although it can taste rather sour, vinegar can bring a rather sweet deal for diabetic people who are foodies. In a viral video, health and lifestyle influencer Jessie Inchausp, aka Glucose Goddess, claimed that adding just a tablespoon of vinegar in water and drinking it before you have a big, carb-heavy meal; it will reduce the glucose spike after the meal.

Bankers question role of RP in the Subhash Chandra case and how net worth was computed

Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how his networth fell from more than Rs 40,562 crore when he issued the guarantees to Rs 32 crore in 2025, the crowding out of lenders by related party entities in the committee of creditors (CoC), and the role of resolution professional (RP) Shiv Nandan Sharma in admitting questionable entities as creditors highlights the difficulties in recovery in high-profile cases.

At $729 billion, forex kitty hits a record

Reserves increased $12.4 billion during the week, with foreign currency assets increasing $9.4 billion to $591 billion, while the value of gold reserves rose by $2.8 billion to $114 billion. Forex reserves last touched a high of $728 billion late February this year. As of August 21, Indian banks have mobilised $65.4 billion in foreign currency non-resident (FCNR-B) deposits under the Reserve Bank of India's special forex swap facility. Total foreign exchange inflows through this specific window reached $72.85 billion, the RBI said in a statement.

CIL fears coal gasification scheme will blunt its edge

Coal India has raised concerns about the coal gasification incentive scheme's rules. The company believes the short bidding window disadvantages state-run firms. Excluding captive power plants from eligible costs also creates a disadvantage. Coal India requested a six-month application period for the initial round. The ministry rejected this, citing immediate subsequent bidding rounds.

Food safety eateries' body says fix the problem, not the blame

Several prominent Indian restaurants face hygiene violation allegations from consumers and regulators. NRAI president emphasizes fixing problems and fair enforcement over blame and reputational damage. Social media scrutiny and regulatory actions are impacting well-known food establishments across the country. Enforcement must follow legal procedures, offering businesses a chance to rectify issues. This situation highlights the ongoing need for stringent food safety standards and transparent oversight.

Iconic 1956 movie is suddenly finding new viewers 70 years later. It already has a place among AFIs most celebrated films

The Ten Commandments, Cecil B. DeMilles 1956 biblical epic starring Charlton Heston, is finding new viewers nearly 70 years after its release. The film has recently appeared prominently on Pluto TVs streaming charts, adding to its long legacy that includes recognition from the American Film Institute as one of cinemas greatest epics.

Peg by peg, Vodka's share is rising in India

Vodka is capturing a record share of India's liquor market, driven by younger consumers and women. This trend marks a significant structural shift towards white spirits, especially vodka. Radico Khaitan's vodka business has seen substantial growth over the past five years. The company has also focused on premiumizing its whisky portfolio to adapt. This strategic move reduces dependence on lower-priced liquor and commodity selling.

CNG price hiked by Rs 3.89/kg in Delhi-NCR amid West Asia crisis

New CNG price: Indraprastha Gas Limited has raised compressed natural gas prices by Rs 3.89 per kilogram. This price adjustment took effect on Saturday, impacting Delhi-NCR consumers significantly. The increase reflects higher import costs for liquefied natural gas amid global energy price fluctuations. Consequently, freight and passenger fares across the region are expected to see an upward revision. This marks the fifth CNG price hike in Delhi-NCR this year.

An engineering mistake in 1905 accidentally created Californias largest lake and it changed the desert forever

In 1905, an engineering blunder redirected the Colorado River into a desert basin, unintentionally giving rise to California's Salton Sea. Initially, this man-made lake flourished as a vibrant resort destination, attracting countless visitors. However, over time, rising salinity and dwindling water levels have altered its appeal. Despite these challenges, the Salton Sea continues to serve as a crucial habitat for migratory birds along the Pacific Flyway.

At 6, a Canadian girl began learning how to code. Before turning 7, she had created a videogame and earned a Guinness World Record

Simar Khurana from Beamsville, Ontario, Canada, made her first video game when she was just 6 years and 364 days old, earning recognition from Guinness World Records as the worlds youngest female videogame developer. Her game, Healthy Food Challenge, was inspired by a doctors advice about eating healthy and was created to help children understand the difference between nutritious food and junk food. Simar had begun learning coding less than a year earlier, with her father Paras Khurana encouraging her interest in mathematics and technology.

'We got the job done': US forces clear Iranian sea mines from strait of Hormuz; shipping reopens

Ankur Warikoo shares a brutal truth with workaholics in viral post: If you died, your manager

Ankur Warikoo recently took to Instagram to share a bitter yet profound truth about our jobs no matter how much of a workaholic and emotionally invested we are in our jobs, we are ultimately replaceable, so while professional success is important, it should not become the only defining aspect of our lives.

Bodies of four Nagas, killed in Manipur ambush, retrieved

Bodies of four Naga civilians killed in Manipur's Kangpokpi district were retrieved on Friday. Armed assailants attacked a vehicle on Thursday, killing four and injuring two others. Security forces faced disruptions but later reached the site to retrieve the bodies. Chief Minister Y Khemchand Singh directed immediate action against those responsible for the attack. The United Naga Council accused two militant outfits of involvement in the ambush.

Nepal flood reiterates that water can give both life and death

The latest liquid concrete flow of water from the Himalayas has far too many precedents in India and Nepal; what happens on the Chinese side during such events is hard to gauge but it must be just as bad. It seems we are wilfully ignoring Nature's repeated signals to slow down, accept the realities of our fragile eco-systems and manage expectations accordingly. 'Development' cannot exclude those who live in remote areas but nor should it endanger them.

In 2002, Shattuck Chemical agreed to pay $1.25 million for restoration of South Platte River following years of chemical release. 10 years later, the river was restored for migratory birds and native species

Hazardous substances near Shattuck Chemical Company prompted a settlement for restoration projects. Funds supported habitat improvements along Colorado's South Platte River and Eastern Plains. Restoration projects enhanced wetland and riparian areas for migratory birds. Denver's Overland Pond Park also saw habitat and riverbank improvements.

Signboard row: Mamata Banerjee seeks release of 13 arrested

Former Chief Minister Mamata Banerjee demanded the immediate release of thirteen arrested Trinamool workers. The arrests followed a ruckus during the dismantling of an alleged illegal signboard. She questioned the police's actions and the use of a gas cutter at the site. Banerjee asserted that the Trinamool Congress would soon return to power. She also criticized the BJP government and the state police for their actions.

Maharashtra sugarcane farmers seek higher prices after sugar rally

Sugarcane farmers in Maharashtra are demanding higher prices for the 2025-26 season. This agitation follows a significant increase in sugar prices over recent months. Farmer organizations believe sugar mills should share increased profits with growers. Several farmer associations have submitted their demands to the state sugar commissionerate. Growers across the state seek better payment for sugarcane sold to mills.

OIL, IOCL exit Gabon block, end decade-old oil project

Oil India and Indian Oil have relinquished their Shakthi-II exploration block in Gabon. This action terminates their Production Sharing Contract with the country's Directorate General of Hydrocarbons. The project began with an oil discovery over a decade ago. However, repeated delays ultimately led to the block's relinquishment. Both companies had entered the block in an equal fifty-fifty partnership.

8-hour sleep rule is old and too simple, research says. Find out how much sleep do humans actually need

The popular eight-hour sleep rule may not be a fixed requirement for every adult, according to recent research. Studies of pre-industrial societies and modern populations suggest that ideal sleep duration can vary between individuals, with factors such as age, sex and health playing a role. Researchers also say sleep timing and regularity matter, while artificial light and modern lifestyles can disrupt the body's natural sleep cycle.

India, Canada ready to fast-track bilateral investment treaty talks

India and Canada will start bilateral investment treaty negotiations soon. Both nations will explore cross-border payment system collaborations and critical mineral partnerships. They aim to broaden the use of UPI in Canada through payment provider alliances. This dialogue builds on prior commitments to strengthen economic and financial cooperation. The countries aspire to increase bilateral trade to CAD 70 billion by 2030.

Sugar supply likely to improve on switch to fortnightly quota

Under the fortnightly quota, sugar mills will be required to sell at least 40% of the allocation in the first week and the remaining quantity in the succeeding week. It was observed that in certain cases, sugar sold by mills at the beginning of the month was being dispatched or lifted by buyers only towards the end of the month, leading to artificial scarcity, the government said in a statement.

Renewable energy projects can now store and sell curtailed power using co-located battery systems

The renewable energy landscape is evolving as the power ministry allows the storage of curtailed electricity from renewable projects. This stored energy can be harnessed to charge on-site battery systems, enabling developers to independently sell this surplus power via power exchanges. This initiative not only enhances the effective use of renewable energy generation but also opens doors for monetizing energy that would otherwise go to waste.

Industrial output grows 6.7% in July

India's industrial output saw a 6.7% growth in July. Manufacturing output increased by 7.3% year-on-year during the same period. Electricity generation also rose by 8.7% in July. Consumer durables surged to an eight-month high, driving overall growth. Capital goods output also showed a significant increase.

7 crore ITRs filed: I-T dept says 'don't wait for last minute' ahead of 31 August deadline for non-audit taxpayers

The income tax department said more than seven crore ITRs had been submitted as of 27 August.

India cotton production forecast at 24.5 million bales in 2026/27: USDA

Below-normal rainfall and delayed planting are weighing on crop prospects, while stronger textile and apparel export orders are boosting mill demand.

This 1979 Supertramp hit reached the top 6 in America with an iconic Sax Solo. It was recorded in a bathroom while reading a magazine

In a fascinating twist of music history, Supertramp recorded their famed song The Logical Song in a bathroom. Saxophonist John Helliwell opted to perform his parts while tucked away in the studio's toilet, a decision made due to the unavailability of other spaces. This unconventional backdrop added an unforgettable charm to the piece, showcasing how creativity can flourish in unexpected places.

Kareena Kapoor Khans dietician busts myths about ghee, rice and bananas, warns boycotting one of these foods can increase hair fall

Most Indians have a weakness for rice, ghee and bananas. In the summer, having a plate of piping hot ghee-soaked rice or snacking on a banana can be so satisfying. However, many avoid it out of fear of gaining weight or spiking their blood sugar. Kareena Kapoor Khans dietician, Rujuta Diwekar, recently shattered some myths about these foods.

She feared the dead would find her: A woman built a mansion with doors to nowhere and stairs to ceilings. The terrifying story behind San Joses Winchester Mystery House

For nearly 40 years, Sarah Winchester kept expanding a bizarre mansion in San Jose, California, filled with doors that lead nowhere, strange staircases and hidden passages. Legend says she believed the spirits of people killed by Winchester rifles were coming for her and that constant construction would keep them away. While the haunting story has never been fully proven, the 160-room Winchester Mystery House became one of America's most famous supposedly haunted places, where documented history and ghostly legend continue to overlap.

Subhadra Scheme: 5th installment disbursed to 1.03 crore women by Odisha CM did you receive it? Here's how to check

Odisha Chief Minister Mohan Charan Majhi announced the release of over 5,160 crore under the Subhadra Yojana. To check your instalment, visit the official portal or your bank account. Use your mobile number, Aadhaar, or application ID to verify the application status.

The US stayed out of World War I for three years. Then a secret German telegram in 1917 changed everything

During World War I, a clandestine German telegram sparked a controversial proposal for Mexico to launch an attack on the United States. British intelligence successfully intercepted and decoded this crucial message, revealing offers to regain lost territories. The confirmation of the telegram's authenticity by Germany swayed public opinion in America dramatically, alongside escalating submarine warfare, ultimately leading the United States to declare war against Germany in April 1917.

APEC projects regional economy to grow by 3.2 percent in 2026

In 1884, a widow began building a 160-room California mansion for decades. The reason behind endless construction is terrifying

Sarah Winchester built a sprawling mansion after family tragedies and spiritual advice. She continuously constructed the house for decades, which became a legend. The elaborate Victorian home featured 160 rooms and six acres of land. Construction finally ceased upon her death in 1922. The Winchester Mystery House now fascinates visitors with its history and folklore.

CSR spending lacks deep impact, job creation: Amitabh Kant

India must prioritise technology-driven, job-rich entrepreneurship in rural areas to achieve its ambition of growing from a $4 trillion economy to a $30 trillion economy by 2047.

For 100 years, 700-pound rocks seemed to move on their own in California's Death Valley. In 2013, scientists finally saw the strange force that was pushing them

For nearly a century, massive rocks weighing up to 700 pounds appeared to move across Californias Death Valley without any visible force behind them. Their long, winding trails on the remote Racetrack Playa puzzled visitors and scientists alike, leading to several theories about what could be moving the stones. Despite years of observation, no one managed to witness the process firsthand. That changed when a team of researchers set up equipment to monitor the area and unexpectedly arrived at the playa during a rare event that finally offered a clear look at what was happening.

AEPC urges Commerce Minister to consider measures to regulate cotton yarn export

This is due to the sharp increase in yarn prices and the growing pressure on the competitiveness of Indias apparel export industry

Not an animal, but one popular fruit shares 60% of human genes. Genetic expert says its not shocking: Theres a lot of things we do the same way'

Who doesnt like to munch on a banana or two during the summer? Although a guilty pleasure for those with high blood sugar levels, it remains a favourite snacking item. However, apart from being our comfort food, bananas and us are also genetically related. According to a genome study that came out in 2013, we share 60% of our DNA with this yellow fruit!

Indias area under pulses acreage tops last years level

Erratic rainfall, delayed and slower pace of sowing may influence crop per hectare yield

Vertex, Alt DRX partner to offer retail investors access to Mangaluru commercial real estate

The partnership will enable investors to participate in a commercial asset through smaller digital units, starting from 1 sq ft at an indicative price of approximately 16,000 per sq ft

DHFL case: ED freezes bank deposits worth Rs 51.75 crore

The Enforcement Directorate froze bank deposits worth over fifty-one crore rupees. This action is part of a fresh probe into a massive bank loan fraud. The investigation involves Dewan Housing Finance Corporation Limited and its promoters. An immovable asset in the United Kingdom was also found to be involved.

Ashish Chatterjee takes charge as CMRL MD

Chatterjee replaces MA Siddique, who was recently posted as the States Finance Secretary

Why Raksha Bandhan has gone off script: Cakes, flowers and pet rakhis rewrite the sibling ritual

New rituals are widening the spending basket around one of Indias biggest family festivals

Govt to buy back 30,000 cr securities on Sep 3 amid surplus liquidity

The Reserve Bank of India (RBI) on Friday announced the buyback of government securities worth Rs 30,000 crore on September 3. The auction will take place on September 3, between 10:30 AM and 11:30 AM on the Reserve Bank of India Core Banking Solution (E-Kuber), the RBI said in a notification. The government will buy back securities such as 7.33 per cent GS 2026, 5.74 per cent GS 2026, 8.15 per cent GS 2026, and 8.24 per cent GS 2027, the notification said. The central bank has not notified any amount for the individual securities within the aggregate ceiling of Rs 30,000 crore. Auction for securities will be conducted using multiple price methods, the RBI said. This comes at a time when the liquidity in the banking system is in huge surplus and the central bank has been conducting variable rate reverse repo (VRRR) auctions to remove excess surplus liquidity from the system. The central bank, so far in August, has conducted 21 VRRR auctions to remove excess surplus liquidity from

While Americans watched TV, used personal computers, One Alaska village was still waiting for electricity during 1980s

In the early days of Alaska, wood was the primary source of heat and electricity. The gold rushes sparked a surge in power requirements across its remote communities. Gradually, aging engines began supplying electricity to various Alaskan towns. Today, hydropower has become essential in the state's energy strategy as Alaska pursues reliable energy sources across its expansive terrain.

Tamil Nadu begins discussions with stakeholders on upgradation and expansion of Chennai airport

This comes after the State dropped the 27,400-crore greenfield airport project at Parandur.

IndiGo to operate direct flight from Guwahati to Bangkok from Oct 27: Himanta

IndiGo will commence direct flights connecting Guwahati and Bangkok starting October twenty-seventh. This new service marks the third international route from the Lokpriya Gopinath Bordoloi International Airport this year. The airline's expansion opens another gateway to Southeast Asia for travelers. This initiative is expected to provide a significant boost to tourism and trade. The Assam Chief Minister announced this development on Friday via social media.

Govt eases defence export rules, simplifies SOP and OGEL framework to boost global reach

Stakeholder consultation dispensed with for export of non-lethal defence items

Big tax relief: How a former BSNL employee won full VRS exemption at Chennai ITAT

Tax experts said the former employee succeeded because the Chennai ITAT accepted that the compensation paid under BSNL VRS-2019 was, in substance, retrenchment compensation rather than ordinary VRS compensation.

US Treasury yields rise: How it could impact Indian bonds and borrowers

US Treasury yields are rising amid concerns over US debt, deficits and inflation. Here's how higher US yields could affect Indian bonds, foreign flows and borrowing costs, and why investors should watch the US bond market.

Govt mops up more than 3/4th of BE under Miscellaneous Capital Receipts

For fiscal year 2026-27, the government has estimated to collect 80,000 crore under MCR

Ola Electric gets Rs 95.81 crore PLI incentive for second straight year

Ola Electric secured Rs 95.81 crore under the PLI-Auto Scheme for FY 2026-27. This incentive follows a previous sanction of Rs 366.78 crore for FY 2024-25. The company's manufacturing capabilities and commitment to EV technology are recognized. This reinforces Ola Electric's role in India's advanced automotive manufacturing ecosystem. The scheme aims to strengthen domestic manufacturing and encourage advanced automotive technologies.

Zee Entertainment looks beyond TV, bets on sports, animation and VFX for growth

Zee Entertainment is investing in sports and animation to build new growth engines. The company is diversifying its portfolio to capture a larger share of the evolving media landscape. ZEEL has partnered with PhantomFX to strengthen its animation and VFX content creation capabilities. The broadcaster has also launched four sports channels and secured rights to international events. ZEEL's digital platform ZEE5 became profitable in FY26, aided by a language-focused strategy.

Mahindra Group expands Battery-as-a-Service model to entire eSUV portfolio

Mahindra Group has expanded its Battery-as-a-Service model across its entire eSUV portfolio. This flexible ownership option lowers upfront vehicle purchase costs for customers. Customers can now finance their vehicle and battery separately through a dual-financing structure. The company received an overwhelming response, validating demand for EV adoption solutions.

Step-up SIP explained: How an extra 1,000 can boost your retirement corpus

A slightly higher starting contribution can produce a considerably larger corpus when combined with the same annual step-up strategy.

Jan Dhan at 12: Women hold 33 crore of 59 crore accounts

Over Rs 53 lakh crore has been transferred through Direct Benefit Transfer to beneficiaries. Nearly 33 crore women now hold Jan Dhan accounts, enhancing financial inclusion. The Pradhan Mantri Jan Dhan Yojana has completed twelve years of successful operation. This initiative provides basic banking access and financial security to millions. Banking outlets now reach nearly every village, improving accessibility for all.

IndiGo steps up AI focus, announces investment in Sarvam

The funding, made through IndiGo Ventures during Sarvams Series B round, aims to leverage advanced AI capabilities tailored for the aviation industry.

An American village had a population of just one person left in 2004. That only resident also became its mayor, clerk and bartender

Monowi, a tiny village in Nebraska, was left with just one resident after Elsie Eilers husband died in 2004. Instead of leaving, Eiler stayed on and continued running the Monowi Tavern while also serving as the villages mayor, clerk, treasurer and secretary. Once home to more than 100 people, Monowi gradually declined as residents moved away and local businesses closed. Eiler also turned her late husbands collection of around 5,000 books into Rudys Library.

Bank deposits shrink as lenders cut high-cost bulk funds amid FCNR inflows

Aggregate deposits decline by 6,534 crore and bank credit by 70,639 crore in the fortnight ended August 15; credit-deposit ratio moderates to 81.72 per cent

Tukaram Mundhe cracks down: Maharashtra FDA cancels licence of Cipla's Pune unit over regulatory violations

Maharashtra FDA cancelled Cipla's Pune unit drug sale licences. Serious irregularities in storage and recall procedures were cited by the regulator. The company failed to fully comply with market recall directions for Reactin Plus Tablets. Further non-compliance was discovered in the unit's distribution and sales system.

Woman with type 1 diabetes shares the 15-minute habit that helps lower her blood sugar

For a woman managing type one diabetes, brisk walking becomes a key strategy for regulating high blood sugar. During physical activity, the body's muscles draw on stored sugar, improving insulin responsiveness. To lessen the impact of glucose spikes after meals, waiting about thirty minutes after eating is advisable. It's essential to monitor ketone levels before working out when glucose is high.

Quote of the Day by Burt Lancaster: I judge a restaurant by the bread and Inspiring lessons on dining, quality, simplicity, appreciation and why the little things make a big difference by the American actor known for his powerful performances and deep insights on food and taste

Quote of the Day by Burt Lancaster: Burt Lancasters quote, I judge a restaurant by the bread and by the coffee, explores the importance of quality, simplicity, and attention to detail when experiencing food and hospitality. The quote suggests that a restaurants true standard can often be recognized through its simplest offerings rather than only its expensive or elaborate dishes. Good bread and well-prepared coffee can reveal the care, consistency, and quality that go into the overall dining experience.

India, China to work out modalities to implement 8-point border pact

India and China will implement an eight-point consensus from recent Special Representatives talks. Both nations will now determine how to operationalize the agreed agenda points. Discussions focused on maintaining peace and creating conditions for stable bilateral relations. Expert groups will advance discussions on boundary delimitation and border management. Future meetings and hotline channels were also agreed upon for better communication.

Bihar braces for floods as Nepal rains push rivers above danger mark

Bihar faces significant flood threats as river water levels continue to rise. Heavy rainfall and flash floods in Nepal have caused major rivers to swell. Authorities have opened barrage gates and are monitoring river embankments closely. People are being moved from low-lying areas to safer locations. Disaster response teams are on standby for any emergency situations.

Tornado weather tears through Capital Region, toppling trees and shutting down county fair

A powerful storm swept through New York's Capital Region on Thursday. Downed trees and scattered debris caused significant disruptions in several communities. The Washington County Fair closed early for safety due to the severe weather. Power outages created traffic problems and darkened intersections in Wilton. Rensselaer County also continued recovering from earlier storm damage.

From old economy to niche players, the IPO market is different, healthier

A broader mix of industrial, niche and institution-backed companies is reshaping Indias IPO landscape

Retail sugar prices ease below 60 a kg in Kolkata and Mumbai

Wholesale prices of the commodity drop b100-400 a quintal, while mill-level prices slip below 4,750

Indias E&M industry resilient on strong user engagement, ad push

India's entertainment and media industry will grow to $36.7 billion by 2030. Digital advertising and video OTT will lead this significant expansion. Gaming and esports revenue is also projected for substantial annual growth. Traditional TV and print media will remain resilient and continue to grow.

Orchards vs construction: Kashmir faces a growing land-use battle

A land-use study based on satellite imagery found that Srinagars built-up area expanded by 3,835 hectares between 1980 and 2012

Bank credit, deposits decline in fortnight ended August 15: RBI data

Banking sector saw deposits withdrawn and credit outstanding decrease in the fortnight. Banks are not renewing bulk deposits, opting for foreign currency funds instead. This shift slowed year-on-year deposit growth to 14.7 percent. Outstanding bank deposits stood lower at Rs 269.31 lakh crore.

India sees Canada export opening as US trade tensions reshape imports: Report

India sees new export chances in Canada as economic ties strengthen. Bilateral trade aims for fifty billion dollars by twenty thirty, with talks ongoing. India's goods exports to Canada grew significantly, showing market momentum. Canada's tariffs on US products create openings for Indian suppliers. This shift offers Indian companies a chance to expand their market share.

In 1990, a rural Idaho community of 17 homes made one final phone call. It marked the end of America's last known hand-cranked telephone system

In July 1990, a small community in Idahos remote Salmon River Canyon said goodbye to a telephone system that had survived for decades. Seventeen households shared a hand-cranked, 20-party line that connected residents to one another and the outside world. John Booker made the final call before the old magneto system was replaced by private-line, touch-tone service, marking the end of Americas last known operating hand-cranked telephone system.

How much money do you need to retire? Start with expenses, not a 1 crore target

Retirement corpus plan: There is no one-size-fits-all retirement corpus. Your target should factor in current spending, inflation, retirement age, lifespan, post-retirement income and investment returns. Here's how to calculate how much you may need.

NBCC inks pact to execute NHPC's infra projects across India

NBCC and NHPC have signed an agreement for infrastructure project execution. NBCC will provide project management consultancy and undertake specific NHPC projects. This collaboration covers buildings, structures, and allied works across India. The scope includes design, engineering, and construction of completed projects.

India widens defence export access, simplifies approvals to boost global market reach

The government has also introduced a provision for Indian companies with long-term contracts or agreements with foreign original equipment manufacturers

Monsoon surge in East India could raise flood risk in Nepal: WMO centre

With flood-hit Nepal still vulnerable, Beijing centre of World Meteorological Organisation is keeping a close watch on monsoon systems driving next rounds of rain in neighbouring India

EESL, PNGRB ink pact to deploy smart domestic PNG meters

Energy Efficiency Services and the Petroleum and Natural Gas Regulatory Board have signed an initial pact. This collaboration aims to accelerate the deployment of smart domestic piped natural gas meters. The agreement will create a structured ecosystem for smart meter adoption. Both entities will facilitate demand aggregation and large-scale deployment across the sector. This initiative promotes standardization and efficient implementation for smart metering.

Raghuram Rajan calls for Federal Reserve rate hike, says US economy 'not being held back'

Former RBI governor Raghuram Rajan advocates for higher US Federal Reserve interest rates. He believes current financial conditions remain too loose for controlling inflation. Rajan points to strong investment and fiscal deficits as growth drivers. The US economy shows little sign of being constrained by borrowing costs. Meanwhile, the Indian rupee has shown unexpected resilience recently.

IIP growth slows to 6.7% in July 2026, economists warn of sluggish rural consumption

Julys performance was, however, the second-best growth the Index of Industrial Production has seen since December last year, and was buoyed by the manufacturing and electricity and gas supply sectors

Stock markets rebound, ending 2-day losing streak on buying in IT firms; Sensex jumps 331 points

The 30-share BSE Sensex climbed 330.92 points, or 0.43%, to settle at 77,264.51. During the day, it jumped 424.38 points, or 0.55%, to 77,357.97

When pay cheques stop: Why every salaried professional needs these 3 financial pillars

The starting point of any solid financial plan is a dedicated emergency reserve.

Forex kitty jumps $12.42 billion to all-time high of $729.3 billion

India's forex reserves jumped USD 12.422 billion to a new all-time high of USD 729.328 billion during the week ended August 21, the RBI said on Friday. In the previous reporting week, the kitty had increased USD 9.905 billion to USD 716.907 billion. The previous all-time high had stood at USD 728.494 billion was attained during the week ended February 27 this year, right before the onset of the Middle East conflict. Geopolitical tensions led to several weeks of a drop as the rupee and the RBI had to intervene in the forex market through dollar sales. For the week ended August 21, foreign currency assets, a major component of the reserves, increased USD 9.482 billion to USD 591.333 billion, the central bank's data showed. Expressed in dollar terms, foreign currency assets include the effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in foreign exchange reserves. It can be recalled that the central bank and the government had last month

New Delhi not inclined to make proposed US H-1B fee increase a bilateral issue: Sources

India recognises that US visa policy is a sovereign matter but in the past consultations on visa fee increases happened multiple times

India's forex reserves hit record high of $729.33 billion after $12.4 billion weekly jump

India's foreign exchange reserves surged by over twelve billion dollars. This sharp build-up pushed reserves to an unprecedented $729.328 billion. Foreign currency assets and gold reserves significantly drove this latest increase. The country's external buffers are now strengthened against global shocks. These reserves are now higher than both end-March and a year earlier.

Class 5 kid reaches NASA after school maths test

A PhD student stumbled upon a lost Maya City while searching on Google; It was hidden under Mexican forest for 100 year

A graduate student made an astounding discovery of the ancient Maya city of Valeriana through online environmental data. This hidden city boasts intricate pyramids and expansive plazas, along with countless structures veiled under dense forest. Utilising LiDAR technology, researchers unveiled vital urban and agricultural infrastructure elements, hinting at the potential for numerous other ancient sites within existing datasets waiting to be uncovered.

DA, pension, 5-day work, incentives on list of demands by Bank workers, as union threatens strike on 11 September

DA formula to change? Bank unions are planning a nationwide strike on 11 September to push demands for five-day work week, performance-linked incentives, and pension reforms. Here's all we know 

IndiGo Ventures to invest in Indian firm Sarvam to expand AI use in aviation

IndiGo Ventures is investing in Sarvam, an Indian artificial intelligence company. This investment supports their ongoing partnership focused on AI applications. They will continue developing AI for customer experience and operational improvements. The collaboration aims to create a platform for AI-driven innovation. This venture deepens engagement exploring further enterprise AI applications.

Small-cap funds see strong inflows: Groww AMC identifies 4 sectors with long-term growth potential

Groww cautions that small-caps remain a highly volatile investment category. Investors should therefore maintain a long-term horizon of at least eight to 10 years to potentially generate sustainable returns and a healthy CAGR.