26 C 
Sensex, Nifty, Share Prices Live: Markets ended Thursdays session on a flat note, with the headline indices masking a sharper story beneath the surface, a nearly 3 per cent surge in defence stocks and a four-session-old structural quirk that is cleaving the Sensex and Nifty apart at close.
Think a Rs 50,000 EMI is better than Rs 35,000 rent? CA explains the home loan trap many ignore
CA Nitin Kaushik warns that comparing a Rs 50,000 EMI with Rs 35,000 rent can hide the true cost of homeownership. A 20-year loan may cost more than double the borrowed amount after interest. Buyers must also consider maintenance, property taxes and the opportunity cost of the down payment. Kaushik says evaluating a home as a wealth-building asset requires looking beyond monthly EMI and calculating its total financial cost.
EPFO cautions members on inoperative accounts: Withdraw EPF savings on time to prevent interest loss
EPFO has reminded members about inoperative EPF accounts and withdrawal timelines. Understanding these rules can help subscribers avoid interest losses, manage retirement savings and ensure their provident fund corpus remains secure after retirement.
Iran reviews draft bill proposing fines of up to 20% to bar US, Israeli ships from Hormuz
An Iranian parliamentary committee is reviewing a bill to bar hostile vessels from the Strait of Hormuz. This preliminary legislation proposes significant fines for any ships violating these new restrictions. The draft bill is currently undergoing expert review and recommendations are being sought. Specialists have been invited to submit their suggestions before the draft is finalized. This proposed measure could impact international maritime transit through a vital waterway.
Trump rolls out trade measures to counter China on solar and chips, slaps 15% tariff on polysilicon
The White House has established price floors and a fifteen percent tariff on polysilicon products. This action aims to bolster domestic chip and solar supply chains for national security. The new trade protections will officially take effect on December fourth this year. Minimum import prices are set for polysilicon, ingots, wafers, cells, and modules. An incentive program will also encourage domestic production of polysilicon and its derivatives.
Insurance policy tagging will strengthen accountability: IBAI chief
Narendra Bharindwal says mandatory salesperson tagging, perpetual registration and stronger governance norms are expected to reshape insurance distribution and improve customer trust.
Listing cloud still hangs over Tata sons with NBFC-UL tag
Tata Sons is now an upper-layer NBFC, requiring its stock market listing. The Reserve Bank of India is reviewing its deregistration application. This classification mandates stricter regulations for at least five years. Tata Trusts wants Tata Sons to remain privately held. The Shapoorji-Pallonji Group seeks to unlock value through a listing.
Cant have enough of energy drinks? An eminent cardiologist recently warned people against consuming too many energy drinks; it can make your heart rate much faster than normal and increase palpitations even among healthy individuals.
Postpartum psychosis is mental health disorder that can happen to anyone after giving birth, but the chances are higher for people with certain mental health conditions.
Tariff rationalisation set to continue, more steps likely in FY28 Budget: FM
Finance Minister Nirmala Sitharaman confirmed ongoing import tariff rationalisation efforts. Further measures are expected in the budget for the year 2027-28. She also outlined the Viksit Bharat vision for the year 2047. This vision includes zero poverty and universal access to education and healthcare. India's destiny is to become a developed civilisation with prosperity and responsibility.
India can raise per capita income six-fold by '47: NITI Vice Chairman
India's per capita income could rise six-fold by 2047. This growth would make the nation a developed economy. Higher investment and domestic savings are critical for sustained economic growth. Structural reforms are needed to remove investment obstacles. Achieving this goal requires attracting investment and boosting savings.
Britannia net jumps 14%, sales touch Rs 5,000 crore in Q1
Britannia Industries saw net profit rise fourteen percent in the June quarter. Sales increased eight percent to five thousand crore rupees during the period. Profit growth outpaced revenue growth as the company managed costs. E-commerce and general trade channels saw rapid scaling and robust expansion. The company remains agile to deliver sustainable revenue growth amid improving demand.
Emcure Pharma net profit up 36% at Rs 292 crore
Emcure Pharmaceuticals reported a 23% revenue increase in the first quarter. Ebitda grew 25.8% with improved margins, reflecting productivity gains. Net profit saw a significant 36.2% rise during the period. The company began its five-year plan on a strong footing for FY27. Emcure also completed the acquisition of a minority stake in Gennova Biopharmaceuticals.
Pidilite plans to pass on lower input costs as Q1 sales rise
Pidilite Industries has raised prices across its product portfolio due to rising raw material costs. The company implemented between one and three price hikes, depending on product categories. With recent raw material price cool-offs, Pidilite is open to price reductions for consumers. Sales volumes grew over eleven percent in the June quarter, showing strong company performance. Pidilite is also diversifying raw material sourcing to enhance supply chain resilience.
Manipal Hospitals to consider acquisitions in areas of interest, geographic expansion
Manipal Hospitals plans future growth through acquisition integration and market expansion. The company will focus on improving clinical complexity and patient experience. Large hospital acquisitions are becoming scarce, shifting focus to organic growth. Manipal aims to increase bed capacity and utilization over the next three years. Affordability will be managed by enhancing complexity rather than raising prices.
July auto retail sales hit record high on rising rural demand
Vehicle registrations saw a significant 26% year-on-year increase in July. This performance marked the best-ever July for all vehicle segments combined. Two-wheeler sales grew 28%, while passenger vehicles climbed 19% last month. Rural markets outperformed urban centers across most vehicle categories. Electric vehicle adoption also reached new record highs in July.
ReNew explores Rs 1,000 crore sale of hydropower business
ReNew plans to sell its hydropower unit for approximately 1,000 crore. This move aligns with the company's asset recycling strategy for new projects. The unit, acquired from Larsen & Toubro, houses projects in Uttarakhand. Several firms engaged in hydropower generation are likely to be approached. ReNew is recovering from a failed bid to go private last year.
Renewable energy developers seek Rs 3,000 crore relief amid transmission bottlenecks
Renewable energy developers are urgently requesting comprehensive financial assistance from the government due to significant delays in essential transmission projects, resulting in major curtailment of power generation. This mishap has led to severe revenue losses and heightened difficulties with loan obligations. In response, they are advocating for bridge financing and temporary moratoriums to alleviate the financial strain. The government is currently evaluating these challenges to form suitable support initiatives.
CreditAccess India sells 2.28% stake in Grameen to offer investors liquidity
CreditAccess India, the promoter of Indias largest pure-play microfinance lender CreditAccess Grameen, has sold a 2.28% stake through block deals to provide a partial exit opportunity to long-term investors. The stake sale is part of a broader plan to increase the companys free float, bring in new investors and broaden institutional ownership, while the promoter continues to back CreditAccess Grameens long-term growth plans.
Trent posts 22% profit growth in June quarter on strong Westside, Zudio demand
Trent's net profit increased twenty-two percent in the June quarter, reaching five hundred eighteen crore rupees. Strong growth from Westside and Zudio fashion brands fueled this significant financial performance. Revenue climbed eighteen percent to five thousand seven hundred fifty-five crore rupees during the same period. The company aggressively expanded its store network, adding nine new cities and over one thousand three hundred locations.
KKR deepens India healthcare bet with $1.39 billion Medicover acquisition
Global investment firm KKR has acquired Medicover India's hospital network for $1.39 billion. This acquisition marks KKR's third hospital purchase in recent years. Medicover India operates 24 multi-specialty hospitals across South and West India. The European healthcare chain will now focus its operations solely within the continent. This transaction allows Medicover to strengthen its financial position and pursue European growth.
Luxury hotel chains bet big on India's wellness boom
Indian luxury hotel chains are investing heavily in wellness tourism. The Oberoi Group plans twenty new lifestyle resorts across India and abroad. Indian Hotels Company is expanding its Atmantan wellness brand with new centers. Developers are integrating wellness facilities into luxury hospitality projects. This expansion caters to growing traveler demand for wellness experiences.
60% of nearly 600 realty projects under scrutiny in Kolkata likely to get clearance soon: CREDAI
Approximately sixty percent of Kolkata's real estate projects will soon receive clearance. Most remaining projects are expected to be approved before August fifteenth. This follows mandatory scrutiny of buildings taller than four floors by the Kolkata Municipal Corporation. The government has made significant progress in reviewing these development proposals. Restarting construction activity will benefit the sector's supply chain and workforce.
India's real estate IPO market diversifies beyond developers to REITs, co-working, and logistics
India's real estate IPO market is diversifying into new asset classes. Companies are exploring listings in co-working spaces and student housing. Institutionally managed platforms are increasingly tapping public markets for capital. Industrial and logistics parks are also seeing significant investor interest. This evolving pipeline signals a new phase for real estate listings.
Hero MotoCorp Q1 profit jumps 29%, revenue surges 36%
Hero MotoCorp posted a 29% net profit increase for the first quarter. Revenue from operations rose 36% to Rs 12,999 crore during the period. The company sold 16.77 lakh motorcycles and scooters, showing strong consumer demand. VIDA and global business segments also experienced substantial year-on-year growth. Hero's strategy focuses on premiumization, electric mobility, and global expansion.
Our time on earth is limited and like all the good things in life, life too is short and can come to an end without warning. Since life is so transient, we should do all we can to celebrate it as well as cherish the people we love. We never know when they will be gone forever.
Gas Supply Resumes from Floating LNG Terminal
After remaining shut for nearly two weeks following a boiler explosion, the floating LNG terminal at Maheshkhali has partially resumed operations, increasing the supply of imported natural gas. However, full restoration of imported gas supply is expected to take another two to three days, according to Power, Energy and Mineral Resources Adviser Iqbal Hasan Mahmud. Speaking to reporters at the Secretariat on Thursday, the adviser said the ongoing electricity shortage would also ease once gas supply returns to normal. The shutdown of the Maheshkhali floating LNG terminal had reduced imported gas supply by nearly half, triggering a nationwide gas crisis over the past two weeks. Before the disruption, Bangladeshs daily gas demand stood at around 3.8 billion cubic feet (Bcf), while supply was about 2.7 Bcf. With imported LNG supply cut by half, total gas supply dropped to around 2.25 Bcf per day. The terminal shutdown alone reduced supply by approximately 450 million cubic feet (MMcf) per day, further worsening the existing shortage. Overall, the country was facing a gas supply shortfall of nearly 40 percent of total demand. Residential, commercial, and industrial consumers across the country experienced severe disruptions due to the gas shortage. The post Gas Supply Resumes from Floating LNG Terminal appeared first on Energy Bangla .
Bangladesh Seeks Increased Diesel Imports from India
Bangladesh has asked India to increase diesel supplies through the existing cross-border pipeline as the country seeks to strengthen energy cooperation with its neighbor. The request was made during a meeting at the Secretariat between Bangladeshs Minister for Power, Energy and Mineral Resources, Iqbal Hasan Mahmud, and Dines Tridevi, the Indian High Commissioner to Bangladesh. Speaking to reporters after the meeting, Mahmud said Bangladesh had requested India to increase diesel exports through the pipeline. He described the meeting as a routine bilateral engagement, saying the two sides discussed a range of issues of mutual interest between Bangladesh and India, including energy cooperation. Asked whether the meeting had any special significance, the Minister said he had met the Indian High Commissioner on several previous occasions, indicating that the talks were part of regular diplomatic consultations between the two countries. The post Bangladesh Seeks Increased Diesel Imports from India appeared first on Energy Bangla .
Out of 45 flexi-cap schemes, only six recorded a Sortino ratio above 1, indicating stronger downside risk-adjusted performance. A Sortino ratio above 1 means the fund generated higher excess returns for every unit of downside risk faced.
PM Surya Ghar has also crossed more than 50 lakh beneficiaries.
Emcure Pharma Q1 profit jumps 36%, revenue rises 23%; appoints Samit Mehta as COO
We have begun FY27, the second year of our five-year planon a strong footing. FY26 was about putting the building blocks in place across teams, portfolio, integration and operating discipline. FY27 is about delivery, and Q1 is an encouraging early signal, said Satish Mehta, Managing Director and CEO Emcure Pharmaceuticals.
Indias ISMA, coop sugar mills seek incentives to offset early crushing losses
In a letter to Union Food Secretary Sanjeev Chopra, theyre pushing for this proactive move to boost sugar supplies just in time for the festive season
RBI bars banks from disabling mobile devices of defaulting borrowers
Banks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were financed by lenders. The Reserve Bank of India announced these regulations will take effect January 1, 2027. Banks must adopt a gradual approach when disabling devices, not immediately. Essential functions like incoming calls and emergency services remain accessible to borrowers.
Netflixs Operation Safed Sagar Pumps Over $24 Million Into Indias Economy
At the world premiere of the series in New Delhi, Co-CEO Ted Sarandos highlights the production's impact on jobs, businesses and India's creative economy.
Auto sales hit record 2.59 million units in July, rise 26% year-on-year
July saw vehicle registrations hit an all-time high, fueled by strong consumer demand after the GST cuts. Sales of two-wheelers climbed by twenty-eight percent, while other vehicle types also showed considerable improvement. Notably, rural markets outpaced urban areas in most categories. Additionally, electric vehicle sales reached new milestones within the two-wheeler and commercial sectors, and dealers are optimistic about ongoing growth leading into the festive season.
Parl panel for early conclusion of India-US trade pact, tariff exemptions on key goods
The panel suggested the commerce department prepare a time-bound roadmap to achieve the objectives of the Mission 500 initiative by promoting trade in goods and services, encouraging investment, enhancing cooperation in critical technologies, improving supply chain and addressing both tariff and non-tariff barriers faced by Indian exporters and prepare a long-term strategy to increase India's share in the American market. The two countries aim to more than double total bilateral trade to $500 billion by 2030.
TNAU forecasts brinjal farm-gate price at 37-38/kg
This forecast, shared by the Domestic and Export Market Intelligence Cell (DEMIC), is based on 15 years of price data from Dindigul and Coimbatore
Mumbai fitness coach Vanshika Khurana shares a protein-rich cheesy soya kebab recipe. This recipe offers a healthy alternative to fried snacks. It uses soya chunks and whole wheat bread for a nutritious base. The kebabs are pan-fried and served with a fresh coriander chutney. This snack provides approximately thirty grams of protein per serving.
EIH posts revenue from operations of Rs 657 crore for Q1FY27, PAT at Rs 120 crore
EIH Limited has announced impressive revenue and net profit growth for the first quarter, showcasing its robust business performance. The executive chairman conveyed optimism regarding forthcoming investments and developmental endeavors.
Assam gets Rs 8,970 crore 4-lane highway from Baihata Chariali to Tezpur
Approval from the Union Cabinet has been secured for the construction of the 4-lane Baihata CharialiTezpur Highway project, covering a stretch of 135 km with an investment of Rs 8,970 crore. The highway promises to cut down travel durations significantly and enhance connectivity, thus fostering economic activity across the northern banks of the Brahmaputra River. This endeavor is part of Assam's ongoing efforts to uplift its infrastructure.
India, South Africa discuss early India-SACU trade pact
Goyal, Parks Tau explore cooperation in critical minerals, pharmaceuticals and manufacturing
India may rationalise most custom tariffs by FY28 Budget, says Sitharaman
Nitin Sharma, an MBA dropout from Pune, developed a waterless car cleaning method to address water scarcity. His eco-friendly venture now saves significant water daily and generates substantial revenue. Sharma invested personal savings and mortgaged jewelry to fund his innovative business idea. After years of research, he created a plant-based cleaner that protects car paint effectively. This sustainable business model proves that environmental consciousness can be highly profitable.
Many ELSS investors assume they can redeem their entire investment once the first SIP completes three years. However, each SIP instalment has its own three-year lock-in, resulting in staggered redemptions. The lock-in cannot be bypassed by paying an exit load.
India cuts energy import dependence to 42%, oil imports still meet 90% of demand: CII-EY
India's primary energy import dependence has decreased to forty-two percent by FY25. Crude oil imports still meet nearly ninety percent of domestic demand. Natural gas import dependence has increased to about fifty percent. Coal import dependence has fallen to around eighteen percent due to production. Energy security requires clean energy and domestic production for resilience.
Parl panel calls for tariff exemptions for pharma, smartphones in India-US trade pact
Recommends early conclusion of BTA while protecting Indias interests amid growing US tariff uncertainty
Union Cabinet approves 23,371 crore GOBARdhan scheme to fuel CBG sector growth
The scheme aspires to increase domestic production of CBG ten-fold and mobilise large-scale private investment.
ixigo's group CEO Aloke Bajpai sees hotels as the company's fastest-growing segment. The company is poised to lead the mid-market hotel segment in four to five years. Brevistay acquisition strengthens ixigo's flexible and short-stay accommodation offerings. Hotels are achieving critical mass, supported by a large existing user base. ixigo targets winning the mid-market and budget hotel segments as an online travel agency.
LIC sees no further government stake sale for 18-24 months, says MD; Q1 profit rises 23%
The government will likely not sell more LIC shares for eighteen to twenty-four months. LIC has until 2032 to meet minimum public shareholding norms. The company recently saw a 6.5 percent stake sale well received by markets. LIC achieved ten percent public float ahead of its May 2027 deadline. The insurer reported a twenty-three percent profit increase and premium income growth.
India rules out concessions to US on ethanol import for fuel blending
There is no import of ethanol from the US fuel blending, says Commerce Department
No concessions, commitments on ethanol import for fuel blending from US in trade talks
India has dismissed claims regarding United States ethanol imports for fuel blending. All ethanol procurement for the blending program is sourced domestically by India. No concessions or commitments were made to the US for ethanol imports. Reports suggesting a policy shift allowing large-scale imports are misleading. India's fuel blending program adheres strictly to domestic policy requirements.
How to build confidence in yourself when you seem to have none? In an old interview, tennis player Venus Williams explained how, when you are being overwhelmed by self-doubt, it is good to make an attempt to believe in yourself.
TN Agri Budget mixes tradition with modernised farming, signals smooth relations with the Centre
It attempts to undo the previous Dravida Munnetra Kazhagam government move to shift the rural population from agriculture to manufacturing
India may rationalise most customs tariffs by budget 2027-28, Nirmala Sitharaman says
India's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This move is expected to simplify trade procedures and potentially boost economic activity by making imports and exports more predictable and cost-effective for businesses across various sectors.
India, Brazil must defend WTO, multilateralism against tariffs: Brazilian minister
Brazil's Industry Minister urged India to jointly defend multilateralism and the WTO. He highlighted the need to counter unilateral tariff impositions by the United States. Brazil seeks to diversify export markets, with India being a key priority. Brazilian companies are also keen to invest in Indian energy and infrastructure projects. Cooperation on fertilizer supply and green ammonia for agriculture is also sought.
Life lesson quote by Friedrich Nietzsche serves as a reminder that life is not measured by a single day, a single achievement, or a single failure. Instead, it is defined by the courage to keep growing, the wisdom to remain patient, and the determination to stay true to one's values throughout the journey. When success is built on character, perseverance, and continuous self-improvement, today's genuine laughter becomes the foundation for tomorrow's enduring fulfillment, proving that the most meaningful victories are those that stand the test of time.
Japanese Mindset: Japanese philosophy introduces Honne and Tatemae, a nuanced balance between inner truths and social harmony. Honne refers to ones authentic sentiments, while Tatemae embodies the outward persona presented to society. This dualistic approach emphasizes politeness and strives to avert conflict, fostering interaction based on empathy rather than deception. Ultimately, embracing this philosophy cultivates respectful connections that enhance interpersonal relationships.
Primary steel producers expect steady operating profitability this fiscal year. Higher global steel prices and safeguard duties will support profit margins. Domestic steel demand is projected to grow between five and seven percent. This growth will be driven by infrastructure and other key sectors. Strong demand and steady profits will strengthen cash accruals for companies.
Coal supply remains comfortable despite monsoon: Government
Domestic coal supply for the power sector remained comfortable during July. Total coal stocks reached approximately 148 million tonnes, sufficient for 62 days. Production and despatches saw robust growth, supporting this comfortable supply situation. Coal receipts at thermal power plants also registered significant year-on-year growth. The ministry remains committed to ensuring uninterrupted energy security for the nation.
Mexican Proverb of the Day:A thought-provoking Mexican proverb encapsulates the essence of our shared humanity while acknowledging the uniqueness of each individual. It teaches that achieving equality doesn't imply being the same, advocating for a heartfelt respect for the diverse journeys people undertake. This adage remains a powerful call for fostering acceptance and inclusivity in todays richly varied societies.
PNB Housing targets Rs 100 cr micro-housing loan book in FY27
PNB Housing Finance anticipates its new micro-housing loan business will reach Rs 100 crore AUM. The company expects disbursements to accelerate now that policies and training are finalised. Leverage is projected to increase to nearly six within three years for organic growth. Funding costs remain stable, with potential for slight softening in market conditions. Construction finance lending has restarted conservatively, focusing on select cities and developers.
Psychology says walking speed may reveal more about mood than personality
Psychology ultimately reminds us that human behavior is flexible rather than fixed. Walking speed should be viewed as one small clue within a much larger picture.
Quote of the Day by Audrey Hepburn: Audrey Hepburns quote, I don't want to be alone, I want to be left alone, explores the importance of personal space, independence, and emotional balance. The quote suggests that seeking solitude does not always mean feeling lonely or disconnected, but rather represents the need for privacy, self-reflection, and moments of peace away from external pressures. It highlights that healthy boundaries and time for oneself are essential for personal well-being, while still allowing room for meaningful relationships and human connection.
'DSA is its partner': Witness' explosive testimony on Muslim Brotherhood network stuns Senate
Today's Irish Proverb of the Day brings timeless wisdom that still fits modern life: He who is not strong must be clever. This powerful Irish saying reminds us that intelligence, resilience, and smart thinking often achieve what force cannot. Discover its deeper meaning, inspiring life lessons, and why this ancient Irish proverb continues to guide success, confidence, and everyday decision-making.
India's fuel demand increased 2.9% in July, with gasoline and diesel sales showing strong growth
India's overall fuel demand saw a 2.9% increase in July compared to last year. Gasoline consumption climbed 9.2%, while diesel usage rose by 10.0% during the same period. Naphtha and cooking gas sales experienced a notable decrease in July. Bitumen sales for road construction showed an 8.5% increase. Fuel oil use also edged up significantly by 29.7%.
Dabur takes FSSAI to court; fourth company to do so in recent weeks
Dabur India is contesting the FSSAI's recent prohibition on products boasting '100% pure' claims, joining numerous other companies that have similarly sought legal redress against the food regulator. These businesses argue that their labeling adheres to existing Indian laws. The FSSAI has imposed bans on various products due to alleged misleading representations, with spirits brands also facing penalties for opting for artificial flavoring over traditional aging methods.
The extended GTA 6 showcase will premiere on Netflix hours before hitting YouTube, while fans await fresh updates from Take-Two's earnings call.
TN Agriculture Budget earmarks 58,374 crore for farming and allied sectors
The State has set a foodgrain production target of 131 lakh tonnes in five years to ensure food security
India-Israel investment agreement in force: Modi, Netanyahu discuss enhanced bilateral ties
Prime Minister Modi and Israeli PM Netanyahu discussed bilateral progress and a new investment agreement. This agreement, effective Saturday, aims to boost investment and protect investors. It allows three years for local dispute resolution before international arbitration. The leaders reaffirmed their commitment to strengthening cooperation across various sectors. They also exchanged views on recent developments in West Asia and agreed to stay in touch.
Kya Bolti Public: CJP launches nationwide campaign; targets EC, Judiciary & Media accountability
A dedicated dental office administrator learned of her impending termination. The employee discovered this after training her own replacement for the position. The boss had secretly hired someone new to take over her duties. This betrayal occurred without any prior warnings or performance discussions. The employee felt discarded despite years of loyal service.
Agni-IV test: India successfully fires 4,000 km-range ballistic weapon from Odisha
India marked a significant milestone by successfully test-launching the Agni-IV missile from Chandipur, Odisha. This advanced two-stage missile, capable of covering distances up to 4,000 km, can carry both nuclear and conventional warheads. Since its original trial in 2010, multiple flight assessments have confirmed its operational readiness, as validated by the Strategic Forces Command, demonstrating the nations advancing missile technology.
At the same programme, the Chief Minister also disbursed Rs. 15.86 crore via DBT to 793 flood-affected schools across Sivasagar, Charaideo, Jorhat and Golaghat and launched financial assistance of over Rs. 4.26 crore from the CMRF for 21,025 students in Sivasagar and Charaideo to purchase educational materials after the recent floods. Of the amount, Rs. 11 crore have been allocated to 550 schools of Sivasagar, Rs. 2.22 crore to 111 schools, Rs. 2.06 crore to 103 schools of Jorhat and Rs. 0.58 crore to 29 schools of Golaghat district.
Bihar signs MoUs worth Rs 51,600 crore for investments in steel, nuclear energy
Bihar signed MoUs worth Rs 51,600 crore with industrial groups on Thursday. These agreements span nuclear energy, steel, and textile sectors for growth. Global Renewable Advanced Clean Energy proposed a significant nuclear energy project. The government aims to boost industrial development and create employment opportunities. Preparations for Bihar Business Connect 2026 are also underway.
Iran warned Gulf neighbours of 'blackout' if US struck power plants: Report
Iran issued serious warnings to Gulf neighbors about regional blackouts. This threat came after the United States considered striking Iranian power plants. Iran communicated that its power plants would be met with similar strikes. The message included a list of potential targets like power and desalination facilities. These events follow heightened tensions and prior retaliatory threats.
64 dead in Himachal Pradesh since monsoon's onset; wet spell to be on till Aug 12
Monsoon rains have caused 64 deaths and Rs 797 crore in losses across Himachal Pradesh. One hundred twenty roads remain closed, and many water supply schemes are disrupted. The Hindustan-Tibet road was reopened after a significant landslide in Kinnaur. Moderate to heavy rain continues, with a yellow alert issued until August 12. Manali and Dharamshala recorded significant rainfall in the past 24 hours.
Etsy is reducing its global workforce by approximately twelve percent. This significant restructuring impacts around two hundred twenty employees, primarily in Product and Engineering. The company's CEO stated these decisions were not driven by cost-cutting or artificial intelligence. This move follows strong second-quarter financial results and a raised full-year guidance. Affected employees will receive comprehensive severance packages and healthcare support.
Telcos fined Rs 1.9 cr for flouting service quality norms in FY26, maximum penalty on BSNL
Telecom operators faced a Rs 1.9 crore penalty for service quality breaches in FY26. The Telecom Regulatory Authority of India imposed these financial disincentives after reviewing non-compliance explanations. BSNL received the highest penalty of Rs 57.5 lakh for flouting norms. Airtel and MTNL were fined Rs 48 lakh and Rs 37 lakh respectively. Vodafone Idea and Reliance Jio also faced penalties for their service quality.
Freelancers must file their ITR by 31 August if they are not required to get their accounts audited. The choice of ITR form, tax method and deductions depends on their income structure. Proper documentation and reconciliation of receipts and foreign income are essential for accurate filing.
No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
India's government has clarified trade pact negotiations with the US. No concessions were made regarding ethanol imports for fuel blending. Media reports suggesting policy changes are baseless and factually incorrect. India's ethanol blending program sources fuel exclusively from domestic producers. Therefore, large-scale US ethanol imports for blending are not planned.
How a 25,000 step-up SIP can build a 10 crore retirement corpus in 25 years
Building a sizeable retirement corpus of 10 crore demands a structured investment strategy, consistent contributions and favourable market returns
Emami to invest Rs 400 crore in Bengal food park, eyes Agrotech IPO
The groups edible oil arm, Emami Agrotech Ltd will set up the factory with the company having already expanded into staples such as atta, spices, besan, soya chunk and suji, and has just made a foray into western and traditional packaged snacks manufactured through its own and contract manufacturers located in multiple areas. The proposed factory will consolidate all manufacturing in one area.
Motherson Q1 profit jumps 102%, revenue hits record
Samvardhana Motherson International posted a 101.64% profit rise in the first quarter. Revenue from operations increased by 16.65% to Rs 35,243.77 crore last quarter. EBITDA grew 30.44% year-on-year, and the company operationalized three new plants. It also announced the acquisition of Shenzhen Autocruis to strengthen technological capabilities. The company's balance sheet remains strong with leverage at its lowest-ever level.
Quote of the day by Perez Hilton serves as an inspiring reminder that perfection is neither realistic nor necessary. What truly matters is embracing the process, remaining open to change, and committing to continuous personal development. By choosing progress over perfection, people create lives filled with authenticity, resilience, purpose, and lasting fulfillment, proving that the greatest achievement is not becoming perfect but becoming better with every passing day.
CRPF suicides hit five-year high in 2025; constabulary accounts for over 80%
CRPF suicides hit a five-year high of 59 in 2025, with constables most affected. Most deaths occurred while personnel were actively on duty, sources indicated. Home issues combined with service rigors are largely linked to these tragic incidents. Over 281 personnel took their lives between 2021 and July 2026. The force is implementing measures for troop physical and mental well-being.
US productivity rises faster than expected in second quarter
US worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior period. Businesses investing in artificial intelligence are expected to drive further productivity gains. Unit labor costs also increased at a slower pace than economists predicted. This trend suggests AI may help keep wage inflation contained.
Decoding how AI has transformed professional education
Artificial intelligence is rapidly transforming industries and changing employer demands. Companies now seek professionals combining AI expertise with business and domain knowledge. Universities are adapting by offering new industry-aligned AI programs globally. India is also witnessing this shift with institutions strengthening AI education. These programs prepare graduates for leadership in the evolving intelligence economy.
Today's Top Quote of the Day by Jensen Huang, Tim Cook and Jeff Bezos: In an era defined by rapid technological disruption and shifting economic paradigms, leadership is tested not by standard playbooks, but by foundational philosophy. Few figures exert as profound an impact on modern commerce, technology, and global culture as Jensen Huang, Tim Cook, and Jeff Bezos. Managing enterprises that drive artificial intelligence, personal computing, and global infrastructure, these leaders offer far more than operational methodologies, they provide actionable blueprints for decision-making, personal growth, and long-term value creation.
Suriya and Jyotika discussed their wellness routines and dietary habits during a recent interview. Jyotika prioritizes strength training and completes pull-ups, while Suriya focuses on functional training and flexibility. Their fitness trainer advised Jyotika that strength matters more than appearance. Mammootty's advice to Suriya emphasized portion control and adequate sleep for balance. The couple maintains healthy living through small, mindful daily habits.
