35 C 
JSW taps KKR to drive in MG Motors JV with $400 mn investment
A combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led group is set to emerge as the single largest shareholder in the country's 3rd largest EV passenger car maker.
German engine maker Everllence SE in talks for Indian manufacturing of two-stroke engines for ships
German marine engine giant Everllence SE is eyeing India for local manufacturing of its two-stroke engines for large commercial ships through licensing agreements. The company is also exploring setting up its own production facility for its high-speed, four-stroke 175D engine. Everllence, the world's largest ship engine maker, seeks Indian partners to expand its global licensing model for two-stroke technology, a crucial component for fuel-efficient, powerful vessels.
S&P 500, Dow Jones and Nasdaq today June 30: US markets concluded the first half of 2026 on a high note, with the S&P 500, Dow Jones, and Nasdaq all posting gains. Semiconductor stocks, led by Nvidia and AMD, fueled the rally, with the VanEck Semiconductor ETF seeing an impressive 82% year-to-date increase.
African proverb of the day: An African saying illustrates the strength found in unity. This wisdom, passed down through generations, highlights how collective effort and mutual support significantly reduce risks and enhance success when facing life's challenges.
'To keep Jack Ruby from telling his story': Witness drops explosive MKULTRA claim at House hearing
Chinese proverb of the day: A Chinese saying highlights the perilous allure of riches. Just as birds risk danger for sustenance, humans can be driven by greed to compromise values and ignore risks. This ancient wisdom cautions against letting material gain overshadow well-being, emphasizing that true success encompasses more than just financial prosperity.
Quote of the day by Will Smith: Hollywood star Will Smith believes every spare penny should fuel your biggest dreams, emphasizing financial discipline and long-term planning over immediate gratification. His quote underscores the importance of consistent, small financial decisions in achieving ambitious goals.
Greek proverb of the day: Greek saying highlights how power and influence drastically alter perceptions of similar actions. A proverb illustrates this by contrasting a small-boat pirate with a fleet-commanding conqueror, both engaging in plunder. This ancient insight urges critical thinking about fairness, reputation, and the subjective nature of judgment.
Data doubts: On the latest IIP dataset
The latest IIP dataset raises more questions than it answers
AM/NS takes over banks' claims linked to Essar Group promoters' personal guarantees
Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' plan had made specific provisions to pay off these liabilities too, but there were some legal issues which are now resolved, allowing banks and AM/NS to complete this deal, said a person familiar with the details.
In Graphics: How GST cuts triggered a rally for Indian businesses
Government analysis reveals that last September's Goods and Services Tax rate adjustments led to a significant expansion of the tax base. Higher taxable supplies more than compensated for reduced tax rates, boosting average monthly taxable supply by 22.5% in the latter half of FY26. This positive outcome marks a notable impact as the GST nears its ninth anniversary.
Don't worry, banks have shock absorbers: RBI
In its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned that rising interconnectedness among financial institutions could act as a potential channel for contagion. The report noted that cybersecurity risks have emerged as a key financial stability concern.
Fiscal deficit widens to 9.6% of FY27 target on higher spending
India's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year's 0.8%. This was largely due to increased spending in April, though May saw a surplus of 2 lakh crore, aided by a record dividend from the central bank. Despite higher subsidy and capital expenditure, analysts believe the government can still meet its FY27 deficit target.
Psychology says people who keep scrolling on phones while watching TV aren't always distracted without reason. Psychology links this habit to attention, stress, emotions, and the search for stimulation. Experts say this behavior can reflect how the brain manages information, boredom, and digital habits. Understanding the reasons behind it can help people build healthier screen routines, improve focus, and become more aware of how they spend their time.
India replaces MGNREGS with new rural jobs scheme from July 1
India is set to launch the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission-Gramin (VB-G RAM-G), replacing the MGNREGS after two decades. This new rural jobs program guarantees 125 days of employment annually, an increase from the previous 100 days. With a substantial budgetary allocation exceeding 1.5 lakh crore, the initiative aims to support India's developed nation aspirations by 2047.
India Semiconductor Mission 2.0 gets EFC nod with 1.2 lakh crore outlay
India's semiconductor ambitions are set for a major boost with the Expenditure Finance Committee approving nearly 1.20 lakh crore for the second phase of the government's chip programme. This significantly enhanced allocation aims to deepen domestic manufacturing, reduce import reliance, and expand support across the entire semiconductor ecosystem, including design and upstream capabilities.
A job seeker's interview with a startup reportedly concluded in just five minutes, leaving the candidate bewildered. After a single technical question, the interviewer dismissed the candidate, who had prepared extensively with open-source contributions. While some internet users saw it as dodging a bullet from a potentially poor workplace, others questioned the startup's hiring practices, suggesting such rapid dismissals might indicate pre-formed opinions or even disingenuous recruitment efforts.
Easing oil prices, supply chains to soften external pressures on India: Finance ministry
India's economy remains resilient despite global uncertainties, with easing oil prices and improving supply chains offering some relief. However, monsoon vagaries and West Asian geopolitical shifts pose risks to growth and inflation. Foreign investors are returning to sovereign debt, signaling confidence. The finance ministry emphasizes building national buffer stocks and reorienting farm policies towards climate-resilient crops, highlighting the need for proactive policy measures.
PM Modi urges ministries to break dept silos, speed up reforms
The brainstorming session, attended by over 100 secretary and secretary-level officers, focused on Deregulation and other reforms for Ease of Doing Business and Ease of Living and Promoting Aatmanirbharta. The meeting, conducted by cabinet secretary TV Somanathan, began with three-minute presentations by participating secretaries before moving to an open-house discussion where officials shared suggestions cutting across sectors and flagged implementation bottlenecks, people familiar with the deliberations told ET.
Wimbledon 2026: Japan's Naomi Osaka aces it in a kimono
Wimbledon 2026 kicked off with a stunning fashion moment as Naomi Osaka graced the court in an exquisite all-white kimono, a tribute to her Japanese heritage. Designed with intricate embroidery and a traditional hair ornament, the outfit drew inspiration from iconic cultural imagery. Osaka's sartorial choice not only celebrated tradition but also preceded a dominant performance, as she swiftly advanced to the second round.
India's manufacturing growth slows in Q1 as West Asia conflict weighs: FICCI
India's manufacturing sector anticipates a slower growth phase in the April-June quarter of FY27, influenced by the West Asia conflict. While production and order books saw a dip, production costs, driven by raw materials and energy, continued to climb. Despite these challenges, export sentiment showed a positive uptick, suggesting diversification efforts are bearing fruit.
New macro indicators in the works to track Viksit Bharat progress
India is crafting a robust Viksit Bharat Sankalp indicator framework, featuring around 385 macro indicators, to meticulously track its journey towards becoming a developed nation by 2047. This data-driven mechanism, spearheaded by the Ministry of Statistics and Programme Implementation, will assess economic, social, and infrastructure progress across key sectors. The comprehensive system aims for implementation by 2031, ensuring inclusive and sustainable development is at the forefront.
Psychologist Abraham Maslow urged individuals to embrace growth by choosing risk over comfort daily. He emphasized that true transformation stems from numerous small acts of courage, not grand gestures. While safety is vital, an over-reliance on it can stifle potential. Maslow's insights highlight that personal fulfillment requires vulnerability and a willingness to step into the unknown, making progress a continuous, conscious choice.
FIFA World Cup 2026 match schedule for 1 July: Football fever grips India as the FIFA World Cup 2026 knockout stage heats up with three thrilling Round of 32 clashes on July 1st. Mexico faces Ecuador, England takes on DR Congo, and Belgium meets Senegal. All matches are do-or-die encounters, promising intense action. Catch the live broadcast on Sports18 and stream on JioCinema.
Defence push: Aatmanirbharta means collaboration, not isolation, says Rajnath Singh
Speaking at the Vibrant Gujarat Regional Conference in Vadodara, he said collaborations with foreign Original Equipment Manufacturers have seen tangible outcomes being achieved. He also mentioned the Tata-Airbus Aircraft Complex in Vadodara for manufacturing C-295 transport and L&T's K 9 Vajra manufacturing facility at Hazira as examples of cutting-edge defence production in the country.
A Tamil Nadu doctor travelling with his family in Italy during Europe's ongoing heatwave said the weather felt worse than in India despite lower temperatures. He pointed to the lack of widespread air conditioning as the biggest difference, while experts say Europe's infrastructure, built for colder climates, is increasingly being tested by more frequent and intense heatwaves.
Clouds over kharif sowing: Met sees below-normal rain in July
July brings a worrying forecast for India as monsoon rains are predicted to be below normal, falling short of 94% of the long-term average. This situation could adversely affect the kharif sowing season critical for crops such as paddy and pulses.
'$125 million for a name change?': Rep. Ivey grills OMB chief Russell Vought in explosive hearing
Quote of the day by Bernard Meltzer reminds people about the value of generosity and gratitude. The quote, Blessed are those who give without remembering. And blessed are those who take without forgetting, explains why kindness should not expect rewards and why gratitude should never fade. The message remains relevant in families, workplaces, friendships, and communities. It also reflects the life and work of Bernard Meltzer, who spent decades helping listeners through radio.
Scarlett Johansson's quote reveals the unglamorous reality behind the spotlight, detailing long hours of waiting and constant travel that consume her days. Her insights highlight that fame often involves significant sacrifice and unseen hard work, far from the public's perception of luxury and excitement.
India, Japan to sign LNG supply pact at Modi-Takaichi summit
India and Japan are poised to sign a crucial pact on securing liquefied natural gas (LNG) supplies during Prime Minister Narendra Modi's summit with Japanese counterpart Sanae Takaichi. A joint task force is being considered to bolster LNG stockpiling and information sharing, enhancing energy security for both nations amidst global supply chain volatility.
Mexico vs Ecuador FIFA World Cup 2026 Live Streaming, Match Time, Venue, Lineup, Key Players and Team Preview: India gears up for a thrilling FIFA World Cup 2026 encounter as Mexico faces Ecuador on July 1, 2026. Fans can catch the action live on official streaming platforms and television broadcasters. Both teams, boasting experienced stars and emerging talents, are set for a high-intensity clash with significant tournament implications. Expect a battle of technical prowess against athleticism as these American rivals vie for crucial points.
Automobiles biggest driver of India's export growth to Japan: Report
India's automotive exports to Japan have surged, becoming the primary growth engine and now representing 13% of shipments by FY26, up from 1% in FY21. This highlights deeper integration into Japan's auto supply chains. Meanwhile, Japanese firms continue to view India as a top investment hub, with most planning expansions. Despite rising exports, India's trade deficit with Japan has widened significantly due to faster import growth.
IBBI seeks to streamline real estate insolvency regulations with focus on homebuyers
India's bankruptcy watchdog is proposing significant reforms to expedite real estate insolvency. Key changes include excluding completed or unaffected housing projects with creditor approval and mandating project-wise cash flow management. The aim is to prioritize project completion, enhance transparency for homebuyers, and ensure accountability, with stakeholders invited to provide feedback by July 21.
Did you hear that applause?: House cheers as Crane grills ex-NIH official over covid funding
Australia knock West Indies out to reach Women's T20 World Cup final
Australia is one step closer to a record seventh Women's T20 World Cup title after an eight-wicket victory over the West Indies. Beth Mooney's unbeaten 61 anchored the chase, supported by Ashleigh Gardner's all-round performance, including two wickets and 35 runs. The West Indies faltered after a strong start, setting a below-par target of 125. Australia remains undefeated and will face the winner of England vs.
A museum drawer hid this dinosaur secret for 40 years, until now when everything changed
Antarctica dinosaur fossil discovery: A forgotten fossil, overlooked for 40 years in a museum drawer, has revealed Antarctica's first dinosaur discovery: an 82-million-year-old titanosaur tail vertebra. This find reshapes our understanding of the continent's ancient past, suggesting it served as a vital land bridge for dinosaurs during the supercontinent Gondwana.
Which lie do we believe?: Burchett grills witness over CIAs narrative of MKUltra research
On This Day in History, July 1 marks a date shaped by major military campaigns, nation-building, scientific breakthroughs and cultural milestones. The Battle of the Somme began, the Dominion of Canada was formed, the Bretton Woods Conference opened, Hong Kong returned to China, Sony introduced the Walkman and Princess Diana was born, alongside significant developments in communication, politics and popular culture.
A new study explains how researchers developed a machine-learning system that uses drones and AI to detect plastic landmines that are difficult to find with standard equipment. The technique focuses on scatterable PFM-1 mines and aims to support humanitarian demining operations by improving early surveys, reducing risks, and helping trained teams locate suspected hazardous areas more efficiently.
'Americans filmed during s*x acts': Rep. Burlison exposes dark CIA secrets & MKUltra experiments
Quote of the Day by John B. Watson: John B. Watsons quote, The universe will change if you bring up your children, not in the freedom of the libertine, but in behavioristic freedom explores the importance of structured upbringing, learned behavior, and environmental influence in shaping human development. The quote suggests that children should not be raised in complete unrestricted freedom, but within guided boundaries where behavior is shaped through discipline, learning, and conditioning, leading to more responsible individuals and a better society.
I found secret CIA prison in Germany: Witness drops bombshell as Rep Luna presses him over MKUltra
Miley Cyrus challenges the notion of beauty as an external pursuit, calling it an 'enemy' that can never be conquered. She argues that true beauty stems from inner confidence, authenticity, and self-acceptance, not from conforming to ever-changing societal standards or physical attributes. In an age of filters and constant comparison, Cyrus's message offers a liberating perspective, emphasizing that lasting attractiveness comes from within, making us feel whole rather than flawed.
HDFC Bank ropes in KKR Managing Director Jigar Shah to head Legal & Compliance
HDFC Bank is set to appoint Jigar Shah as its new General Counsel, bringing over three decades of legal and compliance expertise from the financial services sector. Shah, formerly with KKR and JPMorgan Chase, will officially take on the role in October 2026.
African proverb of the day offers a striking reminder that extraordinary lives are rarely built from safe choices. Instead, they are shaped by people willing to climb higher than others, even when the path is uncertain. This wisdom explains why meaningful progress often feels uncomfortable. Learning a new skill, changing careers, starting a business, or defending an unpopular idea all require climbing beyond familiar limits.
'Donald Trump is governing more like a dictator': Fernndez spars with Rogers in explosive hearing
PepsiCo commissions second India flavour plant in Ujjain with Rs 1,266-crore investment
PepsiCo India has launched a massive Rs 1,266-crore flavour manufacturing plant in Ujjain, Madhya Pradesh. This significant investment, part of a larger Rs 5,700-crore commitment, aims to boost industrial growth and create jobs across central India. The facility, PepsiCo's second flavour plant in the country, will produce beverage concentrates, reinforcing the company's dedication to the Indian market and its 'Partnership of Progress' with the nation.
'Silver economy is as important': Jaishankar flags AI, healthcare as future global career sectors
Germany's FIFA World Cup 2026 journey ended in a shocking Round of 32 exit against Paraguay, a result that also marked the international retirement of legendary goalkeeper Manuel Neuer. The 40-year-old, a 2014 World Cup winner, confirmed his final appearance after the penalty shootout loss. This early departure, a significant upset given the ranking disparity, concludes Neuer's illustrious 128-cap international career.
A family in Karnataka hosted a spectacular zero-waste wedding for over 600 guests, proving that grand celebrations can be environmentally conscious. They utilized farm-sourced decorations, eschewed disposable cutlery for steel and banana leaves, composted all food waste, and offered reusable return gifts. This thoughtful planning demonstrated that large Indian weddings can significantly reduce their ecological footprint without compromising tradition or escalating costs.
Tax evasion through fake firms hurts economy: Delhi court rejects bail plea
Best German proverb of the day: Every beginning is difficult a life lesson on perseverance
Best German proverb of the day: Every beginning is difficult reminds us that the first steps towards any worthwhile goal are often the hardest. Originally expressed in German as Aller Anfang ist schwer, the proverb encourages patience, perseverance and resilience, teaching that success rarely comes instantly but is earned through consistent effort and determination.
Charles Bukowski's widely shared quote, Nobody can save you but yourself and you're worth saving. It's a war not easily won. But if anything is worth winning this is it, is the closing line of his poem Nobody But You, published posthumously in Sifting Through the Madness for the Word, the Line, the Way (2002). The quote highlights the importance of personal responsibility, resilience and self-worth, while the article also explores Bukowski's life, writing style and lasting influence on modern literature.
Two NSCN-K (Nikki Sumi) militants surrender in Arunachal Pradesh
In a significant development for peace in Arunachal Pradesh, two militants from the NSCN-K (Nikki Sumi) faction surrendered to Assam Rifles and state police in Tirap district. They laid down arms, including pistols and live ammunition, signaling growing trust in security forces. This surrender highlights the government's success in bringing misguided youth back to the mainstream, with the surrendered individuals now undergoing rehabilitation.
A new study published in Gerontology suggests that the speed at which older adults begin taking a step, especially while performing a mental task, may be linked to their long-term survival. Researchers found that every additional 100 milliseconds taken to initiate a step under distracted conditions was associated with a 28% higher risk of death over the next 10 to 17 years. The findings indicate that simple movement tests could help identify older adults who may benefit from early interventions to support brain and mobility health.
Scientists think they have found Earths oldest crash site, and its 3 billion years old
The discovery of Earths oldest impact crater may rewrite planetary history. Scientists studying Western Australias ancient rock formations found evidence of a meteor strike dating back over three billion years. The finding reveals how asteroid impacts shaped early Earth, while ongoing research continues to challenge and refine our understanding of the planets forgotten past.
14 children killed, 20 injured as roof of private tuition centre collapses in Lahore
Tragedy struck Lahore as a tuition center's roof collapsed, claiming at least 14 young lives and injuring 20 others. Children aged seven to thirteen were attending classes in an under-construction building when the structure gave way. Rescue efforts are ongoing, with authorities arresting the contractor and initiating criminal proceedings against those responsible. The injured are receiving medical attention.
Prime Minister Narendra Modi met with government secretaries to discuss accelerating deregulation and reforms for improved 'ease of doing business' and 'ease of living'. The focus was also on promoting self-reliance ('Aatmanirbharta') and achieving India's developed nation status by 2047. Modi emphasized integrated planning and a whole-of-government approach, urging secretaries to ensure tangible benefits for citizens through effective governance and service delivery.
'We see no reason': SCOTUS delivers big blow to Trump, rejects bid to end birthright citizenship
Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI report
India's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil prices, strong domestic fundamentals offer resilience. However, funding challenges are emerging as savers seek higher returns, and AI-driven cyberattacks pose a significant near-term threat to banks. The RBI remains vigilant against evolving risks.
The Supreme Court has put a hold on a Karnataka High Court order that sought to increase ethanol allocation for 2025-26. An oil company argued this could disrupt the national policy for 20% ethanol blending in petrol. The top court issued a notice, questioning if enhancing one supplier's quota would lead to widespread litigation and destabilize the existing national policy.
India's manufacturing growth expected to moderate in April-June due to West Asia crisis: FICCI
Indian manufacturing growth is set to slow in the first quarter of FY27, with a FICCI survey revealing muted business sentiment. This moderation is linked to the West Asia crisis, impacting production and order levels compared to the previous quarter. Despite these challenges, export performance shows positive signs, though manufacturers face rising production costs due to raw materials and logistics.
Bombay High Court grants relief to Vadilal Mumbai branch in dispute over brand rights
The Bombay High Court has granted interim protection to the Mumbai branch of Vadilal ice cream, recognizing its long-standing rights to the brand in western and southern India. This ruling stems from a 1993 family settlement, not a revocable license. The court has restrained the Ahmedabad faction from interfering with the Mumbai branch's operations until the arbitration concludes, acknowledging the potential for significant disruption if the brand is discontinued.
Corporate debt-servicing capacity improves, but share of vulnerable firms rises in Q4 FY26: RBI
Indian companies are showing improved debt-servicing capabilities, with the interest coverage ratio reaching a two-year high of 6.5 in March 2026. This indicates a stronger ability to meet interest payments from operating profits. However, a concerning rise in financially vulnerable firms, whose profits can't cover interest, was also noted. Despite this, the overall debt burden remains manageable, and corporate leverage is declining.
Shivraj Singh Chouhan to assess Arunachal, Assam flood damage; ground and aerial survey on July 1
Union Ministers Shivraj Singh Chouhan and Kiren Rijiju, alongside Arunachal Pradesh CM, are assessing flood damages in the Northeast. Despite initial weather disruptions grounding aerial surveys, a comprehensive ground and air tour of affected areas in Arunachal and Assam is planned for July 1. The ministers are engaging with residents, listening to grievances, and assuring swift assistance for farmers and families impacted by crop destruction and property damage.
RBIs FSR flags geopolitical risks to India despite West Asia truce
The report sees Indias sound macroeconomic fundamentals providing ample buffers to deal with external shocks
US consumer confidence edges up in June; labor market perceptions deteriorate
US consumer confidence saw a slight uptick in June, buoyed by falling gasoline prices following a Middle East truce. However, this optimism is tempered by a noticeable weakening in labor market perceptions, with more people finding jobs difficult to secure, reaching a 5-1/2 year high. Consumers expect little improvement in job availability in the coming months.
A timeless Roman proverb, often attributed to Cicero, highlights friendship's profound impact: it amplifies joy and halves sorrow. This ancient wisdom underscores that true companionship is vital for well-being, enriching celebrations and easing hardships. In today's disconnected world, the proverb serves as a powerful reminder that meaningful human connection, built on loyalty and presence, remains one of life's greatest treasures, making our journey far richer.
Quote of the Day by Brad Pitt: Brad Pitts quote, Once you get older, you get a little closer to yourself, intimate explores the idea of aging as a journey toward self-awareness and inner understanding. The quote suggests that with age comes a deeper connection to ones true identity, where external expectations fade and a more honest, personal relationship with oneself begins to develop.
Govt approves proposal to amend Khadi and Village Industries Commission Act
The government has approved amendments to the KVIC Act, 1956, to modernize the Khadi and Village Industries sector. These changes aim to boost rural enterprises, enhance competitiveness through branding and innovation, and broaden the definition of rural areas. The reforms will also improve governance with greater representation and empower the government to notify new village industries, fostering inclusive economic growth and employment.
Fresh tension has grips Kangpokpi district in Manipur following protest held by Kuki Zo people
Fresh tensions erupted in Manipur's Kangpokpi district as Kuki Zo people protested, marching to a buffer zone. Naga women blocked essential supply convoys, disrupting vital commodities like LPG and rice, which are now sold at exorbitant prices. Security forces used tear gas to clear routes amidst escalating demands for removing unauthorized checkpoints, highlighting the ongoing humanitarian crisis and ethnic divisions.
Scientists just discovered giraffes can do something surprisingly close to simple Math
Giraffe intelligence research is changing how the world views animal cognition. A new scientific discovery shows that giraffes may possess surprising numerical reasoning skills, using memory and quantity comparison to make smarter choices. Scientists are now exploring how evolution creates hidden cognitive abilities across species.
India cuts windfall tax on diesel, raises petrol tax from July
India has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol exports. These changes, effective July 1, reflect easing global oil prices and aim to secure domestic supply. Exemptions for exports to neighbouring countries have also been expanded. This move signals a shift in the government's approach to managing fuel revenues amidst fluctuating international markets.
Windfall levy on petrol hiked, lowered on diesel, ATF
Revised rates effective from July 15 with exemptions extended to Mauritius and Maldives
California's Altus Schools has deployed two life-sized, ChatGPT-powered humanoid robots, Ameca, to assist teachers and students. These robots can act as tutors, wellness coaches, career guides, and translators. While hailed as a futuristic step, the $500,000 investment faces criticism. Early trials show promise but also highlight limitations, with ongoing efforts to refine their interaction and ensure student safety and critical thinking.
Gold loans are becoming the biggest driver of consumer borrowing? Here's what RBI FSR report says
Gold loans have become India's fastest-growing retail credit, recording a CAGR of 42.4% since March 2024, nearly double the 23% growth in non-housing retail loans.
IndiGo's Chief Human Resources Officer Pasricha resigns
IndiGo's Chief Human Resources Officer, Sukhjit Singh Pasricha, has resigned after an eight-year tenure, with Kanwal Jeet Singh Bakshi set to take over from July 20. This marks another significant senior departure from the airline, following recent exits of its CEO and Head of Global Sales. Pasricha cited discussions about his professional journey and personal aspirations for his decision to move on.
West Asia crisis shifted Indian EV market from 'push mode to pull mode': Tata Motors MD
The West Asia war has significantly boosted electric vehicle adoption in India, shifting the market from a 'push' to a 'pull' mode, according to Tata Motors' Shailesh Chandra. He noted that rising fuel prices and concerns over availability are making consumers, especially in the entry-level segment, more open to EVs. Tata Motors launched its new electric SUV, the Sierra.
Supergirl, starring Milly Alcock, is now running in theatres and expands James Gunn's new DC Universe with Kara Zor-El's standalone story. While Warner Bros. has not announced an official OTT release date, the film is expected to stream on HBO Max after its theatrical run, likely following the studio's usual release pattern. Here's everything we know so far about its expected streaming platform and release window.
The RBI's stress tests revealed 44 open-ended debt mutual funds breached liquidity thresholds in March 2026. Despite this, the central bank reports no immediate concerns, as affected funds have either rectified the issue or initiated corrective actions.
Coal India targeting to spend 1,900 crore on R&D until FY2030
Coal Indias R&D spend on research and development increased fourfold in fiscal year 2024-25.
Indian electronics manufacturers are forging alliances with firms from South Korea, Taiwan and Japan, alongside exploring standalone initiatives. This proactive strategy, championed by industry leaders like Dixon Technologies and Amber Enterprises, is designed to align with government objectives for self-reliance in electronics production, targeting both local and global markets.
BoB, Mizuho Bank forge partnership to enhance collaboration in M&A financing
Bank of Baroda has joined forces with Japan's Mizuho Bank to boost their capabilities in mergers and acquisitions financing. This collaboration leverages Mizuho's global reach and structured finance expertise with BoB's strong Indian market presence and corporate ties. The partnership aims to enhance joint origination, structuring, and syndication of acquisition financing, alongside M&A advisory and risk distribution, promising a significant boost for cross-border deals.
PM Modi appeal impact: Gold import growth down substantially in May
Gold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This deceleration, with imports at approximately USD 12 billion, marks a third consecutive monthly decline. The Reserve Bank highlighted that while gold prices rose, increased imports had previously widened the trade deficit, impacting fiscal stability. Investor interest in gold ETFs also cooled, with outflows observed in May.
A New York family found an unexpected escape in rural Italy, purchasing a home for a mere $13,000. This move not only granted them mortgage-free living but also drastically cut their expenses, transforming their outlook on life. With a slower pace and significantly lower costs for essentials like childcare and utilities, they've embraced a new, less stressful existence, with no plans to return to the US.
The Russian proverb, Do not fear the dog that barks loudly and bares its teeth; fear the one that stays silent, wags its tail, but creeps up quietly from behind, teaches that the greatest dangers are often hidden rather than obvious. Rooted in traditional Russian folklore, the saying reminds people to be cautious of deceit, concealed intentions, and silent threats, offering a life lesson that remains relevant in relationships, workplaces, and everyday life.
Guwahati: Polices seize nearly 37 kg of suspected smuggled gold worth around Rs 55 crore
Guwahati Police have made a massive seizure of nearly 37 kg of suspected smuggled gold, valued at approximately Rs 55 crore, in the Kharghuli area. A man from Maharashtra, identified as Akshay Bhansure, was arrested, with authorities suspecting his involvement in a transnational smuggling network.
After 40% deficient June rain, India to get below-normal monsoon in July, says IMD
The situation could lead to water stress and farmers should opt for short-duration crops, says IMD Director-General Mrutyunjay Mohapatra
Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin report
India's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an uneven monsoon, potential El Nino, and geopolitical tensions. Policymakers are focusing on enhancing resilience to energy shocks and addressing water scarcity, with agricultural pricing policies also under review to promote climate-resilient crops. Foreign investment is showing positive signs.
