32 C 
Can TCS Survive Chandra's Exit?
N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.
Delhi-NCR weather today (August 24): IMD alerts
Indian banks' asset quality outlook remains stable, West Asia impact limited: Report
Banks in India foresee a stable outlook for asset quality, driven by the reduction of unsecured lending which should prevent new stresses from emerging. The current crisis in West Asia is unlikely to significantly affect operations. Furthermore, with a strong government backing, microfinance loans provide more security, and although MSME loans continue to grow, they are still within safe limits for banks.
Onion prices rise 50%: Kanda Express from today
Gold and silver prices today, 24 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Oriental Hotels board approves merger with Indian Hotels Company Limited (IHCL)
Oriental Hotels Limited's board approved an amalgamation scheme with The Indian Hotels Company Limited. This significant merger requires approvals from regulatory bodies and shareholders of both companies. The proposed share exchange ratio involves IHCL issuing new shares for OHL's existing equity. This strategic move aims to create synergies and simplify IHCL's operational structure. The amalgamation is expected to enhance financial resources and management expertise for OHL.
Indian weightlifter Mirabai Chanus journey from an Olympic failure to becoming a three-time Commonwealth Games champion has inspired Ankur Warikoo. At 21, she failed all three attempts at the 2016 Olympics and considered quitting. She later won World Championship gold, Olympic silver at Tokyo 2020 and Commonwealth golds in 2018, 2022 and 2026. Warikoos key lesson: a setback becomes an ending only when you accept it as one.
Bank unions condemned the Finance Ministry's revised PLI scheme for being discriminatory towards lower-ranked employees. They are advocating for equitable incentive structures and a five-day work week.
8th Pay Commission: 5 key changes from 7th Pay Commission that could shape salaries and allowances
The 8th Pay Commission is holding consultations and reviewing salaries, allowances and pensions. Here are five major changes under the 7th Pay Commission that could offer clues about what employees may expect from the 8th Pay Commission, when it tables its final report tentatively by May-June 2027.
Iran approves service fees for authorised ships transiting Strait of Hormuz
The payment structures have been designed with flexible financial terms
Citigroup, Axis Bank team up on leveraged dollar deposit boom in India
The trade is emerging as RBI seeks to bolster foreign-exchange reserves and ease pressure on rupee, while creating opportunities for global banks to provide financing offshore
Used UPI or NEFT for a large payment? Heres what the Income Tax Department may actually look at
UPI, NEFT, RTGS and IMPS payments do not automatically trigger an income tax notice, but unexplained transactions can attract scrutiny. Heres when digital payments may raise questions and what taxpayers should check in their AIS, Form 26AS and ITR.
Mumbais food scene meets its new viral raid master
Citigroup, Axis Bank team up to leverage NRI deposits as RBI dollar inflows surge
Citigroup and Axis Bank have tied up to finance non-resident Indians investing in foreign-currency deposits, leveraging RBI rules that allow standby letters of credit against such deposits. The arrangement could amplify dollar inflows through offshore financing as India seeks to strengthen foreign-exchange reserves and support the rupee amid strong NRI deposits.
A wrong EPF joining or exit date can do more than create paperwork hassles. It may delay PF transfers, complicate withdrawals, and even affect your EPS pension eligibility. Heres why checking your service history now can save years of trouble later.
A Chennai couple was laid off after building a Rs 1.7 crore financial corpus and paying off their home. According to Gurgaon-based financial content creator Amit Arora, they spend around Rs 9 lakh annually and are considering living partly on investment income. Their plan is to use 35-40% of interest income and reinvest the rest. However, inflation remains a major concern as they assess whether their corpus can support them for 30-40 years.
Indian pharma has little reason to fear Trump
Mark your calendars! Yash's much-awaited film, Toxic, is hitting theaters worldwide on August 26. In this gripping tale, Yash takes on a demanding dual role as a father and son. The narrative, enriched by performances from Kiara Advani and Nayanthara, delves into the intricate dynamics of family. Read on to know more about the film.
Adani rival GMR plans $2 billion expansion at two India airports
With plans to invest close to $2 billion, GMR Airports is set to embark on significant airport expansion initiatives. These developments promise to enhance passenger capacity within the next seven years. As India's aviation market is projected to grow six-fold, GMR's focus on domestic projectsnot airline operationsreflects a strong optimism about the future of the country's aviation industry.
Top tech and startup stories to start your day with
Deendayal Port Authority crosses 70 MMT cargo mark ahead of schedule
The Kandla port has strengthened its position in Indias maritime trade, recording faster cargo growth and new daily handling records
Hormuz oil debate misses Asias fuel squeeze
Prepaying a personal loan can reduce interest costs, but closing a loan early is not always beneficial. Experts say to compare interest savings, foreclosure costs, emergency funds, remaining tenure and potential investment returns before deciding whether to prepay or foreclose.
Sugar price row intensifies as Centre blames production fall, opposition targets policy
The sharp increase in retail sugar prices has prompted government measures, including raw sugar imports, ahead of the festival season.
The film industry mourns the loss of Aasha Singh Jaiswal, a veteran actress and skilled mimicry artist who passed away in Mumbai. Her son Akkash Bharadwaj announced that she died on August 22, with her last rites held the following day at Vile Parle West. Aashas legacy includes notable performances, especially her iconic portrayal of Kripi in the beloved series Mahabharat by BR Chopra.
Frozen Foreign Policy Delivers a Frozen Economy: Ghalibaf Ridicules US' Sanction Threat
In a post on X, Ghalibaf commented on the limitations of trying to manage deep-seated financial strain through short-term state interventions and shared a sarcastic take on how economic pressures play out
-2% to 24%: Why momentum fund returns differ
Momentum funds have produced inconsistent returns during quieter market phases, particularly index-based funds that have encountered significant hurdles. The contrasting results are driven by diverse strategies at play. Investors are encouraged to look past the momentum label and focus on the underlying investment principles. A long-term outlook and strategic allocation are essential for successful momentum investing.
How much health cover do you need? Check 3 factors
Healthcare costs in India are soaring due to escalating medical inflation. Experts warn that securing adequate health insurance is no longer optional but essential. Individuals are advised to assess their health needs, taking into account age and family health history. A smart approach is to combine fundamental policies with super top-ups to improve cost management. Consistently revisiting and updating health insurance plans is crucial to maintain valuable coverage.
Sector-focussed funds look to ride deeptech wave
Flipkart introduces penalties for sellers over delays
Sebi turns down Adani-linked FPIs' settlement applications
Mumbai: India's capital markets regulator has rejected settlement applications by foreign portfolio investors (FPIs) that held significant stakes in listed Adani Group companies, people familiar with the matter said. This was because the FPIs' terms failed to align with those proposed by Sebi, they said.The regulator communicated its decision to the FPIs' representatives last week, the people said, reviving a case that dates back to October 2020, when Sebi's surveillance systems first flagged the unusual concentration of their holdings. Sebi's investigation had flagged 13 FPIs. They subsequently sought to settle the case.The terms were not in line with the settlement terms suggested by Sebi. Therefore, Sebi rejected the application, the regulator said in its communication to the FPIs. This recommendation (rejection of the application) of HPAC (high-powered advisory committee on settlement orders) was accepted by the panel of whole-time members in terms of regulation 15(1) of the Settlement Regulations, 2018.ET has reviewed the letter's copy.Read more: Sebi proposes tighter curbs on promotional claims by online bond platformsAt the centre of the standoff, according to one of the people, was the reluctance of some FPIs to fully disclose information Sebi considered essential to any settlement. You have to come clean if you want to settle a case. Some FPIs were unwilling to provide certain details to Sebi, which was a precondition for settlement, the person said. Entities must first agree to the non-monetary terms.133448765Breach of Securities LawAnother person said some FPIs, at a joint meeting with Sebi, were unwilling to 'disgorge' the amount sought by the regulator, which ran into hundreds of crores.Settlement is a well-trodden route for entities facing securities law violations in India, one that lets them resolve disputes without admitting or denying wrongdoing. An applicant proposes terms to Sebi, which reviews the application and counters with its own, typically a monetary settlement amount, and sometimes non-monetary conditions such as trading bans. The two sides negotiate, and the final proposal goes to Sebi's high-powered advisory committee, led by a former high court judge, for approval or rejection.The 13 FPIs are Albula Investment Fund, Cresta Fund, MGC Fund, Asia Investment Corporation (Mauritius), APMS Investment Fund, Elara India Opportunities Fund, Vespera Fund, LTS Investment Fund, Emerging India Focus Funds, EM Resurgent Fund, Polus Global Fund, New Leaina Investments and Opal Investments.The funds filed multiple settlement applications in April 2024 after Sebi issued show-cause notices to them under two separate tracks - one questioning why their FPI registrations should not be cancelled, and the other seeking to fine them for breaches of securities law. It could not be ascertained which applications were turned down.The regulator's original concern was whether these FPIs were genuine public shareholders, or fronts for the Adani Group's own promoters.The probe gained global attention after a January 2023 report by Hindenburg Research accused the Adani Group of round-tripping and market manipulation, triggering a sharp sell-off in its stocks. The conglomerate denied the allegations.In its submissions to the Supreme Court in August 2023, amid multiple public interest litigations seeking a probe into the Hindenburg claims, Sebi disclosed that it had reviewed trading in seven Adani stocks - Adani Enterprises, Adani Ports & SEZ, Adani Green Energy, Adani Energy Solutions, Adani Power, Adani Total Gas and Adani Wilmar - between March 2020 and December 2022, examining price-volume manipulation and breaches of minimum public shareholding, FPI investment limit and offshore derivative instrument norms.The regulator identified 42 contributories to the FPIs' assets under management. But it hit a wall trying to trace their ultimate beneficial owners, hampered by a lack of cooperation from its foreign counterparts.When the Supreme Court disposed of the PILs in January 2024, it directed Sebi to bring its investigations to a logical conclusion in accordance with law.With Sebi rejecting the settlement applications, the regulator will now continue legal proceedings against the FPIs.Sebi, Adani Group and the FPIs did not respond to emailed queries.Second ChanceThe door may not stay shut for long. Sebi is planning to revise its settlement rules in a way that could give rejected applicants, including, potentially, these FPIs, another shot at resolving their cases.Currently, an entity that has had its settlement application rejected cannot reapply at any stage of proceedings, including during an appeal. Under the proposed changes, applicants would be allowed to return to the settlement table if circumstances have changed and the grounds for the original rejection no longer apply. The price of a second chance: an additional 20% on top of the settlement amount.
Wave of credit cards erodes foreign majors base
Always be ready for new risks: S Jaishankar
ET World Leaders Forum: India needs to make the shift from 'petro state' to 'electro state'
India needs to shift from a petro state to an electro state as rising power demand from EVs, AI and data centres accelerates the push for renewable and nuclear energy, speakers at the ET World Leaders Forum said.
JioStar vice chairman Uday Shankar said sports, particularly cricket, has been a major investment for the company, helping it build a digital audience of 600 million monthly active users. However, he said soaring cricket media rights costs have made the business increasingly difficult.
Aditya Birla Group taps local lenders for Sprng Energy
Axis Bank has underwritten the entire amount and is likely to keep a large part of around Rs 5,000 crore to the financing, while State Bank of India and HDFC Bank are evaluating commitments for the remaining amount, the people said. Aditya Birla has also held discussions with six to seven other domestic lenders, but prefers to close the financing with two banks, or a maximum of three lenders, they said.
ET WLF: Bihar eyes 4x growth, 10 mn jobs
India Inc bullish on growth story: KM Birla
India Inc.'s conviction in the country's growth prospects is possibly the highest in a long time and capital discipline is being mistaken for lack of commitment toward expanding capacities, said Kumar Mangalam Birla, chairman, Aditya Birla Group, at The Economic Times World Leaders Forum.There is enough capacity buildout happening on the ground with new plants springing up across the country and bank loan numbers pointing to robust economic activity, said the chief of the cement to consumer conglomerate valued at more than $118 billion. I don't think we should confuse capital discipline with conviction about India,'' Birla said in a fireside chat with ET's Sruthijith KK. Advances to corporates from banks have gone up by 20% compared to last year... and that is pretty evenly spread between small and medium enterprises as well. While the macro economy has been growing at the fastest pace among major peers, Indian industry is being blamed for not being aggressive in expanding capacities as new plants are coming up slower than in the past. Companies which binged on debt in the past cycles have been deleveraging and are a lot more cautious in expanding capacities to avoid repeating past mistakes. Birla, whose group itself has lined up $30 billion to expand capacities, said investment decisions are taken considering several factors including returns, volatility, industry needs and global events. It is more of a capital discipline exercise,'' he said.ALSO READ | India Incs got all it takes to roll out World+1 model, says KM BirlaIn the last few years, the Aditya Birla Group has grown across most of its businesses amid a pandemic, wars, interest rate hikes, tariffs and energy shocks. The global economy seems to have grown shock absorbers in this period, and individual economies as well as corporations are learning to deal with a lot more stress, Birla said. There are no more perma-friends or perma-enemies. There are only perma-issues, he said. The diversified conglomerate has taken a contrarian view in this period to grow across its traditional as well as new growth platforms. It's been a two-part strategy, Birla said. For its overseas businesses, the group wants to be a multi-local, setting up manufacturing plants close to consumers. So, we have the supply chain flexibility and are not impacted by tariff wars or geopolitical bigotries, he said.ALSO READ | ET WLF 2026: Private players discuss Indias path from defence importer to global powerHindalco Industries' integrated aluminium plant being set up at Bay Minette in North America for a capital expenditure of $5 billion, for instance, is meant to primarily cater to customers in North America, Birla said.The growth in businesses in India, meanwhile, is reflecting the country's economy and its story, he said. You need a strong economy to produce strong businesses. People talk about China+1 for India, and whilst that's a convenient shorthand, it's intellectually very lazy, Birla said. The narrative for India should now move to World+1, given that India has the capabilities and track record, and can be a growth engine for the world, he said.Lack of ease in doing business is not unique to India and almost every country and region has its own issues, he said, citing an example of how in an advanced economy one of his companies had to shift the plant's location due to environmental issues after working on it for months. We are not the only people who have issues like land, environment, judicial, local laws etc, he said.The Aditya Birla Group is the largest producer of cement, refined copper, cellulosic fibre in the country besides housing the largest branded and lifestyle entity. It is also one of the largest producers of aluminium domestically, and a dominant player in paints, telecom and non-banking financial services. Several of its businesses are seeing high competitive intensity. An important part of running a business is to compete and compete well. And risk-taking is an important part too, or you might as well not be in business, he said. While it is good to have a ear view of competition, the group focuses on doing what it does best-running plants and investing deeply in its ecosystems, he said. We have very deep customer relationships. We have increased capacity exponentially. When you have been in industries for a long time, there is an accumulated knowledge that you have the advantage of, he said.Birla said the telecom business, which has been challenging for years, has turned the corner and it would be a credible and a profitable umber three player as it invests in 4G and 5G.Novelis, its North American aluminium business, has stabilised after a fire accident and is ramping up. Plans to list are off the table as the company hasn't been getting the valuation that it hoped for. We have no compulsion to do an IPO. There is no need for us to raise funds, so I don't see that happening now at all, he said.The world's largest producer of flat-rolled aluminium products, Novelis was to have listed in the US in 2024. We put back the plans at that time because we were not getting the kind of value discovery that we thought or hoped we would or we were told we would. There was no other reason to want to list, Birla said.Hindalco's focus would now be to commission and ramp up the plant at Bay Minette, which will be pivotal for the company's future, he said.
India has the medals, but not a sporting culture
FSSAI suspends Marche Retail's licence, orders SDP to stop ghee sales
The FSSAI has suspended Marche Retail's license for thirty days due to sanitation and hygiene issues. SDP Industries must stop selling its ghee after laboratory tests detected foreign fats. Inspections revealed multiple deficiencies at Marche Retail's New Delhi facility. These violations included poor record-keeping and inadequate temperature controls for products. The regulator confirmed non-conformity in SDP Industries' ghee after an appeal.
Core concerns: On the Indian economy, the road ahead
The Indian economy looks set for tough times ahead
RBI board gets three new part-time directors
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Annie George Mathew, Syed Akbaruddin and Janmejaya Kumar Sinha as part-time non-official directors on the Reserve Bank of Indias central board for four years.
Artificial intelligence will shift payments from digital to delegated commerce, enabling machines to transact for consumers. Trust and real-time controls will become essential building blocks for the financial system. AI will enhance personalized experiences and help identify fraudulent transactions effectively. Consumers will focus on payment outcomes rather than the underlying transaction rails. New guardrails will be necessary as machines increasingly interact autonomously.
At the University of Houston, engineers are ingeniously repurposing retired wind turbine blades to construct highway overhead sign structures. This sustainable strategy uses strong composite materials, reducing costs and environmental impact. The project offers a forward-thinking solution to an escalating waste challenge, extending the life of valuable materials in infrastructure projects.
Karoline Leavitts next move: Departing White House Press Secretary returns to Trumps MAGA inc
White House Press Secretary Karoline Leavitt is stepping down from her daily duties. She will now focus on her growing family and personal commitments. Leavitt will transition to a key outside advisor role for the administration. She will concentrate on party messaging and grassroots engagement efforts. This move follows her historic tenure as the youngest press secretary.
Quote of the day by Immanuel Kant: Immanuel Kant's insightful quote champions the value of independent thought and the importance of utilizing one's reasoning abilities. It advocates for a culture of inquiry, where individuals are encouraged to critically assess information instead of accepting it blindly. This philosophy fosters intellectual liberty and empowers individuals to make informed decisions. Ultimately, it inspires a courageous pursuit of knowledge through diverse learning experiences.
Kuki-Zo Council opposes demands for 'NRC before Census' in Manipur
The Kuki-Zo Council has demanded a Census exercise in Manipur. They argue an impartial Census is essential to establish facts and dispel claims. The council stated no group can unilaterally decide NRC timing or implementation. Nagas and Meiteis have been demanding NRC before the 2027 Census. The chief minister assured support for NRC implementation in Manipur.
Microdramas now take a macro share of viewers' interest
Microdrama content is attracting significant audience engagement, similar to long-form videos. This format combines short-form immediacy with long-form cliffhangers for viewers. Consumers prefer microdrama, spending considerable time watching multiple episodes daily. Microdrama platforms are creating new screen time, not replacing existing viewing habits. Relatable stories and quick episode completions drive viewer interest and repeat engagement.
Volkswagen situation 'more than critical': CEO
Zee allots Rs 2,639 cr warrants to promoter entity, gets Rs 660 cr upfront
Zee Entertainment Enterprises Ltd raised Rs 660 crore through convertible warrants to a promoter group entity. Sunbright Mauritius Investments Ltd paid twenty-five percent upfront for these warrants. The company's promoter group holding will increase significantly after full conversion. This allotment follows approvals from various regulatory bodies and the Securities Appellate Tribunal. The preferential issue cleared a prolonged fundraise overhang due to past regulatory proceedings.
European transport systems are grappling with the impact of rising extreme heatwaves. To combat this, railway tracks are being coated in white to enhance reflectivity and minimize heat retention. Meanwhile, cutting-edge drones and AI technology are deployed to monitor railway conditions for safety concerns. In Norway, airport runways are being irrigated to safeguard against heat-induced softening.
Bollywood actress Shenaz Treasury was recently seen gushing over natures shampoo', which you can just squeeze directly from a flower and use the thick, fragrant liquid extract on your hair. She said that the extract of shampoo ginger can work wonders for your tresses, cleansing them and keeping them soft.
Death comes for us all. In an old interview, superstar Angelina Jolie admitted that she thought about death quite often, not because she was morbid, but because she has a zest for life. She admitted that it was completely okay to be afraid of dying before your time, and as its a reality for all, we should live life to the fullest.
India poised to become global shipbuilding hub: Defence Minister Rajnath Singh
India is set to become a global shipbuilding hub, addressing a market vacuum. The nation will focus on design, manufacturing, and MRO services for growth. This strategic move aims to leverage declining capacity in traditional shipbuilding nations. Expansion projects at GRSE and YIL will bolster indigenous capabilities significantly. India's growing naval strength and maritime security needs will be supported.
CBI books former Director of Flying Training Capt Anil Gill on corruption charges
Gill is alleged to have facilitated procurement of training aircraft at nominal prices through benami/shell entities managed by his close relatives
Weight loss can be a tedious, long process for many people. Gastroenterologist Dr Pal Manickam shared one foolproof tip to burn fat faster and speed up weight loss and its none other than fasting! Yes, you read that right. While limiting the number of meals you take in a day can be difficult, the results it will deliver are more than worth the effort.
Taylor Swift possesses a real estate portfolio valued over one hundred million dollars. Her properties span Pennsylvania, Nashville, New York, Rhode Island, and California. These homes represent different stages of her successful music career. From a Nashville penthouse to a Rhode Island mansion, each property holds significance. This collection solidifies her status as a prominent real estate investor.
Madhya Pradesh: Two teachers, student drown during picnic in Ratlam
Two teachers and a 15-year-old student drowned in a pool beneath a waterfall near Ratlam, Madhya Pradesh, on Sunday, while three other students were rescued and hospitalised, police said.
Forget the 10,000-step rule: Heres how much you may actually need to walk daily
Engaging in regular walking provides numerous health benefits for individuals. Brisk walking aids in weight control and enhances heart health. Studies show that optimal step targets differ according to age and physical activity levels. Experts recommend a gradual increase in daily steps instead of aiming for a specific figure. This strategy encourages consistency in walking, ultimately promoting better overall health and wellness.
Ollie Watkins faces uncertain Aston Villa future amid Al Hilal transfer interest
Aston Villa faces potential player exits as Ollie Watkins attracts significant transfer interest. Goalkeeper Emiliano Martnez has also expressed a desire for a new challenge this summer. The club has already turned down multiple offers for striker Ollie Watkins from Al Hilal. Manager Unai Emery confirmed the team is preparing for Martnez's potential departure. Aston Villa is actively involved in the transfer market with about ten days remaining.
Kazakhstan holds first Parliamentary elections under new Constitution
Kazakhstan on Sunday voted in its first elections for the 145-member Kurultai, the countrys new unicameral Parliament created under a Constitution that took effect on July 1. Voters chose from seven registered party lists in a single nationwide constituency.
West Bengal is set to unveil Arjun Vahini, its new disaster management force, starting operations in September. This strategic response is a direct reflection of lessons learned from previous disasters and cyclones. The state will provide advanced equipment and vehicles for the unit, aiming to recruit ex-servicemen and Agniveers. With this move, the government seeks to bolster disaster preparedness and response capabilities across the region.
Bathroom tiles can quickly lose their luster due to the accumulation of residue and grime. To restore their shine, use white vinegar to eliminate water stains and mineral deposits. Baking soda paste is excellent for stubborn grime, while dishwashing liquid tackles soap scum effectively. Utilize an old toothbrush to scrub tile grout, and make a habit of wiping tiles dry after showers.
India may link additional diesel supply to progress on Bangladesh projects
New Delhi weighs Dhakas request for more fuel as fate of stalled LoC projects remain uncertain
Sugar production hit by Red Rot disease, El Nino; govt taking measures: Pralhad Joshi
Union Minister Pralhad Joshi said the Centre is taking measures to manage sugar availability and rising prices ahead of the festival season, including temporary imports of raw sugar. He attributed the fall in production to red rot disease and El Nino conditions.
Cloud And AI Skilling For 1.5 Lakh Learners Launched
The National Skill Development Corporation (NSDC), in collaboration with Amazon Web Services (AWS) and Cultus Education, has launched a nationwide initiative to provide cloud and AI skilling to 1.5 lakh learners. This programme aims to equip youth, especially from Tier 2 and Tier 3 cities, with essential technology skills and job-ready training, contributing to India's goal of becoming a global innovation hub.
No ethanol link, decline in sugarcane production and stockpiling driving up sugar price: Experts
Sugar prices have surged to 75-80 per kg in Chhatrapati Sambhajinagar amid falling sugarcane production and heavy stockpiling by traders. Experts said the rise is driven by lower cane output, shorter crushing seasons and stockpiling, rather than diversion of sugar for ethanol production.
Skill ministry, Amazon launch nationwide cloud, AI skilling programme
The nationwide initiative will target 150,000 learners for foundational cloud and AI training, with 10,000 participants receiving intensive, job-ready skills
When does agri land sale qualify for tax exemption?
Agricultural land is generally not a capital asset unless it falls within urban limits. If taxable as LTCG, Section 54F may allow a deduction for reinvestment in a house.
8th pay commission decisions are expected to benefit more than 1 crore beneficiaries. Here's how much fitment factor between 1.83, 2, 2.57 and 3.83 can hike salaries for central government employees and pensioners.
Bioinformatics project bags first place in Anveshana, research initiative that won Modis praise
Anveshana 2026, a student research initiative, concluded with 20 projects presented by students. Prime Minister Modi highlighted this program in his Mann Ki Baat address. Top projects explored molecular docking, pesticide residues, kitchen waste conversion, and natural latex composites. Experts praised the program for fostering critical thinking and problem-solving skills. This initiative democratizes research access for school students across India.
Cheese is not the enemy of weight loss, believe it or not. There are some varieties of cheeses which are not just low in calories but also low in sodium, which makes them a great snack to have in your weight loss journey, especially if you are unwilling to make your diet completely plant-based.
Commerce and Industry Minister Piyush Goyal will lead a 200-member business delegation to Japan from August 24-27 to boost bilateral trade and investment, with a focus on high-tech manufacturing, semiconductors, AI, clean energy and other emerging sectors.
Centre gives in-principle nod to lease -out 11 AAI airports in five bundles
MoCA to conduct market sounding before seeking final approval; larger airports to be paired with smaller facilities
GX Group To Start Photonics Production In December
Broadband technology firm GX Group is set to commence manufacturing operations at its advanced photonics facility in India from December, investing Rs 500 crore. This initiative aims to strengthen domestic manufacturing, create skilled jobs, and reduce dependence on imported optical components crucial for high-speed data networks and AI data centres.
FLY91 to raise 150 crore for growth : Chairman Harsha Raghavan
The airline has sixt ATR-72 aircraft and is in discussions with lessors to add more planes.
Income Tax Department explains how to choose between ITR-3 and ITR-4: Quick checklist for taxpayers
Confused between ITR-3 and ITR-4 for AY 2026-27? The Income Tax Department has shared a quick checklist to help taxpayers identify the right form based on their income, taxation method and other conditions. Heres what you need to know before filing by 31 August.
Gold, silver prices to rise on US inflation data, Fed signals
Gold and silver prices are expected to continue their upward trend next week, driven by anticipation of key US inflation data and Federal Reserve signals, though profit-booking may occur at higher levels.
Punjab leaving behind drugs: Manish Sisodia at AAP Youth Wing's 5k run in Jalandhar
The Youth Run Punjab 2026 event showcased the state's progress away from drug use. Thousands of young participants joined the 5-kilometer run organised by the AAP's youth wing. This marathon symbolised Punjab moving beyond despair and a mindset of giving up. The state is now emerging as a vibrant and active region through its youth. This initiative reflects growing enthusiasm among young people for constructive activities.
Republicans Grow Concerned With Economy
Ox Alpha stealth model appears on OpenRouter, sparks guessing game over its creator
Ox Alpha, an unidentified AI model that recently appeared on OpenRouter as a stealth model, is drawing attention from developers because of its large context window and multimodal capabilities. The system can process text, images and video and has been offered free with near-unlimited usage for a week. Its anonymous launch has triggered speculation over who built it and why.
Maharashtra proposes law to regulate private coaching centres, cap classes at five hours a day
In a significant move, Maharashtra intends to regulate private coaching centres by mandating their registration. The forthcoming law stipulates that classes cannot exceed five hours per day and establishes fee guidelines. Additionally, it prohibits the enrollment of children below thirteen years old and bans misleading promises. Coaching centres are now required to prioritize student safety, offer counselling services, and maintain acceptable infrastructure.
Can Apple Cider Vinegar help burn belly fat? Heres what experts want you to know
Apple cider vinegar shows modest weight reduction and BMI improvements in some studies. However, research limitations and a retracted study question its effectiveness. ACV may help manage blood sugar levels in adults with type two diabetes. It can also increase feelings of fullness by slowing digestion. Ultimately, ACV is not a shortcut for sustainable weight management.
India 300-5 after Padikkal's second hundred of the Test series
Devdutt Padikkal scored his second century of the series as India reached 300 for five. Sri Lanka missed two early chances which could have altered the match's direction. Captain Shubman Gill also contributed a calm half-century before his dismissal. Asitha Fernando took three wickets, including Yashasvi Jaiswal and Shubman Gill. Ravindra Jadeja made 43 before being bowled in the final over of the day.
8 indoor exercises that can replace walking 10K steps outside
You don't need a footpath to hit your daily movement goal. From stair climbing and burpees to dancing and yoga, several indoor exercises burn more energy than 10,000 steps of walking. Science backs each of these, and most need no equipment, no gym, and no more than 30 minutes.
Goyal leads biz delegation to Japan to discuss ways to boost trade
Commerce and Industry Minister Piyush Goyal is leading a 200-member business delegation to Japan for a four-day visit starting August 24 to discuss ways to boost trade and investment ties between the two countries. The visit assumes significance as Japan last year set an investment target of 10 trillion yen (about Rs 60,000 cr) in India over a decade. The minister will be travelling to Tokyo, Nagoya and Osaka. The business delegation has representatives from various sectors, ranging from manufacturing, semiconductors, clean energy and steel to automotive, financial services, healthcare and start-ups, industry chamber Ficci Director General Jyoti Viz told reporters here. In Tokyo, Goyal will hold a series of meetings with the top leadership of major Japanese conglomerates and industrial houses that have long been partners in India's growth, alongside a round-table with Keidanren (Japan Business Federation), representing over 1,500 leading Japanese companies. Dedicated sessions are
Are rising sugar prices connected to ethanol production? Experts say not really
Decline in sugarcane production, stockpiling driving up sugar price, say experts
School Holiday Tomorrow: With the southwest monsoon actively delivering heavy rainfall on August 24, 2026, parents and students are advised to stay alert for any school closure announcements. Particularly in Odisha and Bihar, where significant rain is anticipated, local authorities will assess safety before making decisions. As of now, no school holidays have been officially declared, so keep an eye on local updates to ensure safety for everyone involved.
Crude price, US-Iran conflict to dictate market trends
Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.
Hawaii wildlife crews recently discovered Blackburn's Sphinx Moth caterpillars on Lnai. These endangered insects were also found in Halawa Valley and Kalae on Molokai. These sightings mark the first on Molokai since the 1940s. The discoveries provide crucial information for conservation efforts.
