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E. coli bacteria found in water at railway stations, says CAG report
Government says it will install 20,000 'Tank to Tap' filtration systems as Railways launches measures to improve water quality, monitoring and maintenance at stations
A 100% equity portfolio delivered better long-term gains, but the picture changes when volatility enters the equation. Data spanning 20 years show how a fixed-income instrument and a 50:50 mix compare in terms of risk-adjusted performance, revealing a different side of portfolio returns.
Europe emerges top destination for India's electric car shipments in Q1
India's exports of electric motor cars surged in the first quarter of 2026-27, with export earnings rising sharply to $369 million from $22.2 million a year earlier, while shipments jumped to 10,802 vehicles from 1,309 units
A young immigrant arrived in America at a time when starting over meant leaving behind everything familiar and facing a very uncertain future. What followed was a difficult life far from the cities, shaped by family, survival and the challenges of settling in a new part of the country. Decades later, her own words would offer a rare glimpse into a world that had almost completely disappeared.
India sets targets for oil companies to boost LPG output amid West Asia war
Companies are required to maintain adequate infrastructure for storing and transporting liquefied petroleum gas, either directly or through railways and road tankers, to meet specified quantities
DFS to hold PSB Confluence to chart banking course for Viksit Bharat
The two-day conclave will focus on deposit mobilisation, credit expansion, rural value chains, wealth management and other next-generation reforms for public sector banks
Ladli Behna Yojana: Beneficiaries of the Ladli Behna Yojana are set to receive their 39th direct benefit transfer installment of Madhya Pradesh's flagship financial assistance scheme for women this month.
Railways to overhaul drinking water system across network
The new actions also include replacement of water tanks and strict compliance on regular water quality testing at source and outlet points. There will also be centralised monitoring and accountability, besides scheduled cleaning and maintenance of storage tanks.
Before purchasing health cover, there are several straightforward questions you should ask. What does the policy cover and how much does it cost? How many claims does the insurer pay? Do customers frequently complain about the product? Is the buying process simple for first-time customers?
PM GatiShakti: 396 infra projects worth Rs 18.66 lakh crore recommended for approval
Nearly four hundred infrastructure projects have been recommended for approval under the PM GatiShakti initiative. These projects, valued at approximately eighteen lakh crore rupees, aim to boost national connectivity. The Network Planning Group has evaluated these proposals, with many already sanctioned and under implementation. This initiative seeks to integrate infrastructure and reduce overall logistics costs across the country. Experts believe Gati Shakti will enhance business competitiveness and create economic advantages.
Jinny Lu, a once-overlooked pug rescued from South Korea, took home the title of World's Ugliest Dog in a competition that values uniqueness and highlights the importance of adopting pets in need. Having previously placed second, her triumphant win showcases that a dog's worth transcends mere appearances. This event not only celebrates diverse beauty but also advocates for providing every dog with a loving forever home.
Iran economy begins to recover after war as business activity picks up
Iran's economy shows signs of recovery from recent war impacts. Economic activity is gradually resuming, according to the Iran Chamber of Commerce. Purchasing Managers' Index reports indicate relative improvement in economic conditions. Private sector efforts and government engagement are contributing to this positive trend. Sustaining this recovery requires greater international engagement from Iran.
A 1 lakh investment in the Nifty 100 TRI went through some of the markets biggest shocks before reaching to 34.46 lakh today. The journey spans the 2008 crisis, Covid crash and other sharp corrections, highlighting the role of patience in long-term investing.
You do not need to have a crash diet or diet at all to lose weight or maintain a great figure. Taking to Instagram, Bhabhiji Ghar Par Hai star Saumya Tandon revealed five rules she follows without fail to keep slim and look young.
WhatsApp Pay doubles UPI volumes, moves ahead of Cred, Amazon Pay
Meta's payments service processed 167.89 million UPI transactions worth Rs 12,957.07 crore in July, making it the eighth-largest UPI app by volume
Motor Insurance: Why Own Damage cover matters during monsoon and the add-ons you should know
An Own Damage policy can cover exterior and structural damage, including dents and smashed body panels caused by uprooted trees, falling poles or other objects
New research suggests that when gut bacteria do not get enough fibre and certain plant-based nutrients, they may begin breaking down the protective mucus lining of the intestines. The studies also found that indigestible plant proteins can give these microbes another food source, potentially shifting them towards producing more beneficial compounds.
Taxpayers are increasingly being targeted by emails and websites that appear to be linked to the Income Tax Department. From suspicious links to requests for sensitive details, here are the key warning signs to watch for and the steps taxpayers can take to stay safe.
The 8th pay commission recently concluded its four-day session in Delhi between 7 and 10 August and has scheduled meetings in Chandigarh, Chennai, Jaipur, Mumbai and Puducherry in August and September.
India works out Chabahar handover to Iran amid US sanctions
Negotiations on for getting back control of the Shahid Beheshti terminal once the situation improves, sanctions end
Those seeking curbs on traditional Hindu festivals linked to urban Naxalism: Maharashtra minister
Maharashtra minister Ashish Shelar linked festival restrictions to urban Naxalism. He spoke at a Dahi Handi event, defending traditional Hindu celebrations. The government supported Govinda groups in legal battles over festival rules. Shelar stated concerns should not curb cultural events. He pledged to protect Marathi and Hindu festivals with precautions.
Sohail Khan candidly shared his reality show journey, highlighting his significant weight loss and the challenges he faced, including a stomach infection during his first week. The support from his fellow contestants compelled him to endure five weeks in the house. Notably, Sohail refused claims of using Ozempic or fat burners for his transformation, while his brother Salman Khan previously mentioned a twelve-kilogram weight loss.
Navi Mumbai airport announces expansion of cargo ops, thirteen airlines to start freighter flights
On Sunday, Hong Kong Air Cargo operated its first flight to Navi Mumbai
A carefully built reputation can be destroyed within minutes through a rumour. An old Korean proverb warns us about the power of words. Just like a great underground buzz can help an upcoming artiste, rumours of problematic behaviour can destroy a reputation within minutes.
Sometimes ambitious projects that start with great hype often fizzle out midway or crash and burn. An old Japanese proverb explains why it is not just important for a project to have a promise; you also need to have consistency for it to work.
Mutual fund distributors are evolving beyond helping investors select schemes. SEBI's Amarjeet Singh highlights their role in guiding investors through market volatility, expanding mutual fund access and adapting to new opportunities
Navi Mumbai Int'l Airport welcomes first foreign freighter cargo
Navi Mumbai International Airport welcomed its first international freighter flight. This marks a significant expansion of its cargo operations. The airport is adding thirteen new freighter services to its network. These services will connect Navi Mumbai to key Asian and European markets. This development strengthens the airport's role as a major logistics gateway.
Amber Enterprises to make Oppo, OnePlus, Realme phones in India from March 2027
Amber Enterprises will begin smartphone production for Oppo, OnePlus, and Realme in 2027-28. The company plans to produce eight million units in the first year of operations. Production is expected to scale to sixteen million units in the subsequent year. This move aligns with Chinese brands deepening their asset-light manufacturing models in India. Amber also anticipates margin pressure in its bare printed circuit board business.
Health Insurance claims: 6 common reasons insurers deduct money from your settlement
Understanding these common reasonsand challenging deductions that lack clear justificationcan help consumers effectively dispute unfair cuts and secure a better outcome
Construction on India's first bullet train corridor shows significant progress. The Mumbai-Ahmedabad high-speed rail project is nearing its August 2027 launch. Underground work at Mumbai's BKC station is nearing completion. Surat station's structure is finished, with interior work now underway. This corridor will connect major cities and industrial hubs across three regions.
The way you look at someone while speaking can influence how confident, attentive and comfortable you appear, especially when meeting someone for the first time. A simple technique that has recently gained attention on social media offers a different way to approach eye contact without making conversations feel forced or awkward. While it has often been discussed in the context of attraction, the idea can also be useful in everyday social and professional situations, where making a good impression matters.
Sikkim CM Tamang announced a 2% hike in Dearness Allowance (DA) for state government employees and Dearness Relief (DR) for pensioners, applicable from January 1, 2026. Arrears will be paid before Dashain 2026.
1 killed, 12 injured in horse carriage crash
Geneva: A horse-drawn carriage carrying tourists ran out of control in a Swiss resort killing one person and injuring 12, police said Sunday.About 40 people were on two carriages in woods in Val Roseg, near the border with Italy, on Saturday when the driver lost control, police said. A 73-year-old woman was killed and two of the injured were in serious condition.Also Read: Four Antonello da Messina artworks stolen in Renaissance painter's hometownOn a sloping stretch of the route, the driver realized the braking power was insufficient and attempted to steer his three-horse carriage toward flatter ground to slow down, said a police statement.One of the horses fell and the driver lost control of the carriage which hit a tree ejecting some passengers from the vehicle, it added. Police said they had launched an investigation.Also Read: Two civilians shot dead in terror attack, seven terrorists killed in Pakistan's Balochistan
Two houses and a share sale: Can an HUF transfer help claim 54F exemption?
To claim Section 54F exemption while selling shares, one can potentially gift one property to an HUF. The property remains legally owned by the individual, with income categorized accordingly.
In an insightful revelation, Farhan Akhtar shared that Aamir Khan was initially sceptical about his directing prowess for the film Dil Chahta Hai (2001). Khan's doubts emerged because this was Akhtar's debut as a director. However, Akhtar's unwavering determination to helm the project ultimately won Khan over, leading to his participation in the film. This collaborative effort later earned the prestigious National Award for Best Feature Film in Hindi.
The Foreign Assets of Small Taxpayers Disclosure Scheme 2026 offers eligible taxpayers a one-time window to disclose foreign assets and income. Heres what you need to know about the specific eligibility rules, disclosure limits, deadlines, and payment conditions.
Six food companies have corrected misleading labels and trademarks after FSSAI notices. Livyor Ventures Pvt Ltd withdrew its 'vegan and healthy' claims on edamame beans. Honest Innovations For You Pvt Ltd and Heliostone Specialities Pvt Ltd revised their trademarks. Rajasthan Agro and General Industries removed all misleading claims and stopped PPM usage. Iota Nanotechnology Pvt Ltd removed claims and stopped non-standardized water production.
Cong must apologise for Vande Mataram insult: Shah
Indias Russian crude imports hit record high in July
Analysts and refiners emphasised that Moscow has transformed into New Delhis strongest energy security hedge, particularly since the closure of the Strait of Hormuz (SoH)and growing disruptions in the Bab-el-Mandeb strait
Australian regional leader to visit India; trade, investment ties in focus
New South Wales Premier Chris Minns will lead an official delegation to New Delhi and Mumbai from August 31 to September 3 to deepen trade, investment, education and cultural ties with India. The visit will focus on sectors including clean energy, critical minerals, technology, tourism, agri-food and advanced industries.
In a heartwarming tribute to family tradition, two sisters from Bengaluru have brought their grandmother's beloved biryani recipe to life, establishing their food brand, RNR Donne Biryani. What began as a humble cloud kitchen during the pandemic has blossomed into fourteen thriving outlets and a full-fledged restaurant. Named to honour their father and grandfather, the brand has impressively achieved ten crore rupees in revenue, reflecting their dedication and culinary passion.
Don't let your cash idle in savings account: How excess savings can quietly shrink your wealth
Salaries, performance bonuses, and extra earnings flow into an account month after month, causing the balance to swell quietly. Because investing feels intimidating or easy to postpone, several lakhs often end up sitting dormant over time
India Posts pilot in Gujarat helps 5 FPOs overcome logistic challenges, business doubles
ONDC is already working to onboard more FPOs and once the word spreads about growing orders, there will be many of them on MyStore App
Delhi airport plans to increase annual passenger handling capacity to 125 million
Delhi airport plans a ten-year master plan to increase passenger capacity. The airport aims to handle 116 million passengers by April 2030. Passenger handling capacity will further rise to 125 million by 2032. Pier E will be constructed at Terminal 3 by April 2030. Future plans for Terminal 4 and an automated people mover are under consideration.
West Bengal is launching the Ayushman Bharat scheme, covering 1.5 crore families today. Here's all you need to know about how many hospitals are participating, eligibility, benefits, documents needed and stepwise guide on how to apply.
Higher 25% SPV surcharge tempers gains from REIT, InvIT tax overhaul; Industry seeks relief
Industry sees near-term pressure on dividend distribution,seeks rollback or reduction in the 25% surcharge on SPVs
Can India be a $20T economy by 2036?
India has the potential to become a $20 trillion economy by 2036, according to a report by Equirus.
Airtel prepaid plan tweaks: Brokerages estimate per-user revenue lifts ranging from Rs 4 to Rs 12
Bharti Airtel has withdrawn select prepaid plans, prompting customer upgrades. This move is expected to increase average revenue per user by Rs 4 to Rs 12. Brokerages view this as targeted plan rationalization for premiumization. Subscribers of the Rs 299 plan may now opt for pricier alternatives. The telco aims for higher monetization and capitalizes on data plan preferences.
50 lakh to 2 crore FD: How much annual income can you earn at 6%, 7% and 8% in 2026?
A 50 lakh to 2 crore fixed deposit can generate substantial annual income in 2026. Compare FD returns at 6%, 7%, and 8%; Check and understand senior-citizen rates, taxation, deposit safety, and key factors before investing.
It is sadly, extremely normal to judge your body for its apparent imperfections, such as fat deposits, body type, signs of ageing, love handles etc. In an old interview, Jennifer Garner explained why she believes in loving the body you have despite its flaws.
ESIC surplus from contributions seen shrinking as benefit costs rise
Actuarial projections show ESIC's benefit spending could outpace contribution income over the next four years, even as interest income keeps the corporation in surplus
Five Top Firms Lose Rs 1 Lakh Cr Market Cap; TCS Hit Hardest
The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.
Lodha Developers to launch 21 housing projects till March with revenue potential of Rs 24,000 cr
Lodha Developers plans twenty-one new housing projects by March next year. These launches have an estimated revenue potential of twenty-four thousand crore rupees. The company aims for twenty percent annual growth in net profit this fiscal year. Lodha Developers reported strong sales bookings growth during the first quarter. The firm is expanding its business amid robust demand for properties.
Rs 12.84 lakh, 800g gold seized in Mondal case
Over 85 lakh pensioners under EPS-95 rely on monthly pensions. However, the payments will only keep coming if you stay compliant with the rules and requirements. Here's what to do to avoid pension payment disruptions.
Actor Soha Ali Khan has unveiled a gentle herbal tea recipe that promotes digestive ease. This wholesome beverage, crafted from common kitchen ingredients, effectively alleviates bloating and supports gut health, especially after indulgent meals in dinner. She incorporates this calming tea into her evening rituals as a self-care essential. However, she emphasizes consulting a healthcare professional before trying this brew, particularly for those who are pregnant or on medication.
Govt departments set up QRTs to counter fake social media content
Government departments are forming Quick Response Teams to address social media misinformation. These teams will monitor and respond to fake and misleading content promptly. Power, agriculture, and commerce departments have already established their dedicated response units. Responses are ideally expected within two hours of content identification. Such teams will coordinate with the PIB fact check unit for verification.
Keralam: Grand 'pookalam' prepared at Vadakkunnathan temple in Thrissur as Onam season begins
HMPL wins 28.47-crore NHAI project in Jharkhand
The project has been secured through the e-tender process; the tenure for the project is 12 months
Project Insight to be implemented from January 27, 2028; likely to curb delay in Income tax refunds
This implementation of this mechanism is critical as average delay in getting refund has surged to 35 days in FY 26 (as on January 31, 2026) from 24 days in FY24
India opens tax amnesty scheme for small taxpayers to declare select foreign assets
India's tax amnesty scheme for small taxpayers opened Sunday and runs until December 2026. This one-time measure aims to bring undeclared foreign assets and income into the tax net. Taxpayers with undisclosed foreign income up to one crore rupees can declare it.
It is completely normal to fear ageing and mourn loss of youth when we see wrinkles on our face or our hair greying. In an interview, actress Andie MacDowell urged fans not to be devastated when they age but to embrace it as a natural process.
SSY vs PPF in 2026: Compare interest rates, tax benefits, returns and key differences
Sukanya Samriddhi Yojana (SSY) v Public Provident Fund (PPF) in 2026: Compare interest rates, tax benefits, eligibility, maturity, withdrawals and returns to understand which government-backed savings scheme better suits your financial goals.
An NRI living in the US faced a tax notice for unexplained funds used to buy a Mumbai flat using funds from his NRE account. Here's what happened next.
Weekly economy wrap: Tax collections rise, but inflation and trade gap bite
Stronger tax collections and exports offered support, but higher inflation, a widening trade deficit and elevated debt kept macroeconomic risks in focus
From GST reform to GCCs: How India can become a $20 trillion economy by 2036
5 Health insurance traps to avoid: From cashless cover and room rent limits to hidden exclusions
Health insurance can protect savings from rising medical costs, but hidden exclusions, room-rent limits, sub-limits and incomplete disclosures can reduce claims. Check out these five common health insurance traps and learn how to choose coverage that offers meaningful financial protection.
DRI uncovers Rs 2,500 crore duty evasion
Russia introduces new talent visa
Russia has introduced a new multiple-entry talent visa for highly skilled foreign nationals, offering an easier route to temporary and permanent residence, according to a report by Fragomen.The visa is open to talent in fields including science, creative industries and sports, as well as graduates of top universities, professionals with rare skills and entrepreneurs who can contribute to Russias technological development.Also Read: Landing your first job is getting more expensive in the UKApplications will first be assessed by the newly established Agency for Attracting Foreign Talents to Russia before being processed by the countrys regular immigration authorities.The new visa also provides a streamlined route to residence. Holders can apply for a temporary residence permit (TRP) without being subject to the usual quota or Russian language requirements.Also Read: Canada offers open work permits to 2,700 foreign workers in Manitoba, aiding those at risk of losing statusForeign nationals who complete the Russian language test can skip the TRP stage and apply directly for a permanent residence permit (PRP). Under the normal process, applicants must hold a TRP for at least eight months before seeking permanent residence.Depending on their circumstances, exceptional merits or support from relevant government bodies, talent visa holders may also qualify for a simplified route to Russian citizenship.
Disha Patani's latest film, Awarapan 2, is doing well at the box office and keeping her in the spotlight. Amid the buzz, take a look inside her sea-facing Bandra home, known for its modern interiors and beautiful views. The actress also owns a luxurious 4BHK apartment in Khar.
Finance ministry asks ministries to move from WPI to PPI in future contracts
The finance ministry has asked ministries and departments to adopt the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI) for price escalation clauses in future government contracts once PPI becomes available. The move follows the launch of monthly PPI data and aligns with international practices and IMF recommendations.
India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRI
India must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes have raised freight, insurance and working-capital costs, particularly hurting MSME exporters trading with Europe and the US.
FDA notices to SRK, Ajay Devgn, Tiger Shroff over pan masala ads; seeks posts removed in 15 days
Gulf nations growing impatient with Trump's diplomatic efforts regarding truce with Iran: Report
Persian Gulf allies express growing weariness with Iran peace deal negotiations. United States officials reject assessments of President Trump's diplomatic handling of Iran. The US is adopting a low-key approach towards Iran, avoiding immediate military action. Regional intermediaries are working to revive a memorandum of understanding for the Strait of Hormuz. Divergences exist among Gulf states regarding the appropriate course of action against Tehran.
Cami Clark, wife of Anthropic CEO Dario Amodei, has remained largely unknown outside Silicon Valleys elite despite her proximity to some of the technology worlds most powerful figures. Her unconventional career includes a women-focused pornography startup, a pitch for investment to Jeffrey Epstein, ties to Eric Schmidt and a proposed role in Anthropics early funding.
Twelve killed and at least 10 injured in Polish bus crash in Hungary
A Polish bus overturned on a Hungarian motorway, resulting in twelve fatalities. At least ten individuals sustained injuries in the early Sunday morning accident. The bus was traveling towards Nyiregyhaza when it veered off the road. Preliminary information suggests the driver may have fallen asleep at the wheel. Authorities have taken the bus driver into custody following the incident.
Haruki Murakami quote of the day: Haruki Murakami's quote articulates the importance of yielding to life's flow and letting go of what does not serve us. He suggests that true serenity arises when we cease to resist and welcome life's transience, thus fostering inner equilibrium. While time can resolve many issues, taking personal initiative remains crucial for navigating greater challenges. In our modern existence, the urge to exert control can lead to anxiety.
Indian Bank plans to garner $400 million via ECB this week: MD Binod Kumar
Indian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through ECB before December 2026. It also aims to gather USD 2 billion from FCNR(B) deposits, seeing good demand. The Reserve Bank of India has already closed its concessional swap facility early. These efforts support the bank's business growth and digital initiatives.
Landing your first job is getting costly in UK
AI has raised the stakes of taking your first step up the career ladder - and made it tougher and costlier than ever. Georgie Blackburn, a Gloucestershire-based career coach, is one of the few beneficiaries. In a two-decade career advising everyone from senior executives to military leavers, she says most of her clients today are young people fresh out of university, up from just one in 10 two years ago. I have seen it as a growth area for my business, said Blackburn, whose early-careers services can cost up to 750 ($1,010) and may direct people to volunteer work, internships or online courses to build experience. A degree is not enough on its own, never has been, but even more so today.The situation is particularly dire in Britain, where a youth-unemployment rate of 16.4% is the highest in a decade, and is rising faster than in any other G-7 country. The graduate premium over the minimum wage has been cut in half since 2007.In response, the UK government is increasingly paying employers to take on young workers. Prime Minister Andy Burnham has expanded his predecessors jobs-guarantee scheme, subsidizing minimum-wage roles for 18-to-24 year-olds whove been claiming unemployment benefits for 18 months or more. And the government has introduced a grant of 3,000 per job for employers who hire young people who have been unemployed for a shorter time.133270702Burnham has also promised to overhaul vocational training so that Britain will value the hard hat every bit as much as the graduation cap.Entry-level jobs have always been the first to disappear in downturns, from the industrial crises of the 1970s to the aftermath of the financial crash, when youth unemployment climbed to 22.5%. Yet the forces behind the current slump run deeper than Donald Trumps war in the Middle East and Labours recent tax rises and increases in the minimum wage. 133270707Mostly its artificial intelligence. The spread of bots has broken down traditional paths into the workforce by taking away the grunt work. Fresh graduates have little more to offer than their willingness to spend hours sifting through documents or formatting slides. Even someone with just a year of experience has an advantage if they snapped up some knowledge that AI cant easily replicate. AI optimists argue that the technology frees up juniors to do more interesting and valuable work, but the view that AI will reduce entry-level roles is becoming mainstream in business circles. The share of bosses who hold that opinion has doubled to 40% over the last two years, according to an Accenture report. This risks leaving firms without people to promote into management positions in a few years. But for now, a tough economic backdrop and open questions over how AI will reshape the workplace are keeping employers focused on reducing costs.133270716Banks and consulting firms are shrinking graduate classes, while hedge funds that once hired three junior analysts to sift through company filings now need only one person to oversee an AI model. A Kings College London study found that job cuts at firms with AI-exposed staff were mostly concentrated in junior roles.A third of young Britons have taken on unpaid work, accepted jobs below their qualifications or worked outside their preferred career to gain experience, a higher proportion than in France and Germany, according to a Linkedin survey of 18-29 year-olds within the first three years of their careers.The UK should consider moving away from on-the-job learning toward more training upfront, much like airline pilots who train extensively before ever flying a real plane, said Raoul Ruparel, senior director at the Boston Consulting Groups Centre for Growth.There is a way to to borrow and invest in your education, less of a way to do that for first jobs, he said.133270738Desperate times are producing desperate ideas. Jacob Schaal, a 24-year old research assistant at Kings College London and recent graduate himself, has come up with a policy proposal that looks a lot like the UKs student-loan system to help finance entry into a first job. In his model, young people would cede 1% of future earnings for the next 25 years to whoever employs them in their first five years in the workforce, even after they leave the company.Remarkably, recent graduates dont instantly dismiss it upon hearing about it.Not even a month after graduating with an accounting and management degree from Queen Mary University in London, 22-year-old Maria Adnung is already frustrated by lengthy, automated recruitment processes. And the first job funding idea sounds almost intriguing. The company is taking not only probably your dignity, but 1% of your salary, Adnung said. With how desperate I am for a job, I probably would say yes.
Beauty, cosmetics segment to be key growth driver for EPL; raises near-term revenue guidance
EPL Ltd anticipates its beauty and cosmetics segment will drive future growth. The company expects continued momentum after reporting strong June quarter topline growth. EPL has raised its near-term revenue guidance to sixteen to eighteen percent. A proposed merger with Indovida aligns with EPL's global leadership strategy. This transaction is expected to be completed by early next year.
FinMin nudges ministries to switch to producer price index for rate adjustments in govt contracts
The Department of Expenditure, in a communication to all ministries and departments, said that PPI is a more internationally accepted index compared to WPI used in government contracts to define price escalation.
Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positions
A parliamentary committee highlighted a significant 43 percent vacancy rate within DIPAM. This shortage severely impacts the department's ability to manage public assets. The committee urged the finance ministry to form a task force for filling vacant positions. DIPAM oversees public assets valued at over Rs 42.76 lakh crore. The ministry is also developing a roadmap for CPSE REITs.
Jindal Stainless investing Rs 900 crore to increase cold rolling capacity to 2.67 MT by FY28: MD
Jindal Stainless plans a Rs 900 crore investment to expand its cold rolling capacity. This expansion will support rising demand from key industrial sectors. The company is also planning a significant Rs 40,000 crore manufacturing facility in Maharashtra. This new plant will produce specialized steel grades for emerging strategic sectors. Jindal Stainless reported strong financial performance and progress towards sustainability goals.
Faria Abdullah has recently addressed the backlash she faced after joining Hyderabads Bonalu celebrations. In an emotional video, the Jathi Ratnalu actress spoke about her interfaith upbringing, personal beliefs and her choice to respond to online criticism. Read on!
ONGC gets US licence to resume full Venezuela operations, eyes operatorship
ONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing expanded production and new agreements. ONGC Videsh holds stakes in San Cristobal and Carabobo oil projects. The company expects to recover pending dividends and potentially take operatorship. India seeks to diversify oil resources amid heightened geopolitical risks.
FinMin nudges ministries to use PPI for rate adjustments in govt contracts
The finance ministry has nudged all ministries and departments to move to Producer Price Index (PPI), from the current Wholesale Price Index (WPI), for rate escalation and adjustment clauses in future government procurement contracts. The Department of Expenditure, in a communication to all ministries and departments, said that PPI is a more internationally accepted index compared to WPI used in government contracts to define price escalation. For the first time, the commerce ministry has started issuing monthly PPI data for both goods and services since June to better reflect price movement at the producer's level, thus paving the way for phasing out wholesale price inflation numbers in the next five years. Ministries/Departments are encouraged to adopt Producer Price Index (PPI) in place of Wholesale Price Index (WPI) in all price escalation clauses of future contracts, once PPI becomes available, the expenditure department said in an office memorandum dated July 13, which was .
Govt sets LPG production targets for refiners, Reliance gets largest quota
The government has for the first time fixed maximum cooking gas LPG production targets for individual public- and private-sector refineries and upstream companies, as it seeks to build a domestic supply buffer after the West Asia conflict exposed the country's vulnerability to disruptions in imported cooking gas. The Petroleum and Natural Gas Ministry, in an order issued on August 13, has specified maximum LPG production levels for 21 refineries and upstream companies, with combined production potential set at 63,810 tonnes a day -- more than double the domestic LPG output in the fiscal year ended March 31, 2026 and about 70 per cent of the country's daily consumption. The production limits will kick in whenever there is a supply constraint. The lion's share of the planned output has been set from Reliance Industries Ltd's older refinery, which would have to produce up to 18,000 tonnes a day of LPG, according to the order. India consumed 33.2 million tonnes of LPG in the 2025-26 ..
Government fixes LPG production targets for refiners, Reliance gets largest share
India has set maximum LPG production targets for refineries and upstream companies. This move aims to build a domestic supply buffer after import disruptions. The government will review these production schedules every six months. Companies must maintain adequate infrastructure for LPG storage and transport. This framework ensures adequate domestic availability and fair prices for consumers.
The EPFO has simplified withdrawal rules, allowing members to access a major chunk of their PF for emergencies like unemployment, medical needs, education etc. Full details here.
