27 C 
Chinese Proverb of the Day: A Chinese proverb, To hit a dog with a meat-bun, so it leaves never turning around, warns against irreversible loss. It highlights how carelessly investing resources like money, time, or trust can lead to permanent consequences. The saying emphasizes the importance of mindful action, foresight, and recognizing the value of what we give away.
Leo Tolstoys quote, Let us forgive each other, only then will we live in peace, carry a simple yet powerful message about human relationships and emotional balance. It reminds us that disagreements and misunderstandings are a natural part of life, but lasting peace depends on how we respond to them. Quote of the day by Leo Tolstoy encourages letting go of anger, pride, and resentment in order to build healthier connections with others.
Bombay HC backs GSK in Paxil trademark row against Shreya Life Sciences
The Indian subsidiary of the UK-based GSK PLC had urged the court to cancel the mark used by the local company in pharmaceutical and medicinal preparations. It argued that despite getting the mark more than two decades ago, Shreya Life Sciences had never used it and hence, under Section 47 of the Trade Marks Act, the registration was liable to be removed from the register of trade marks on account of non-use.
Finance Ministry seeks faster disposal by DRTs, holds talks
Key areas of discussion included strengthening oversight and monitoring mechanisms within banks to enhance recoveries through DRTs, prioritising high-value cases for optimal recovery outcomes; leveraging Lok Adalats as an effective alternate dispute resolution, it said, adding mechanisms for expeditious disposal, procedural reforms to accelerate case disposal and comprehensive capacity-building initiatives were discussed.
Centre allows 100% FDI in insurance via auto route
Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condition that companies receiving FDI shall obtain necessary licence or approval from the Insurance Regulatory and Development Authority of India to undertake insurance and related activities, the notification stated.
NCLT approves Mantra Properties buyout of Mulund project
The company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured creditors-Beacon Trusteeship with Rs 902 crore and 60.54% committee of creditors share, and Assets Care and Reconstruction Enterprise Ltd with Rs 589 crore and a 39.46% share.
Actor Cillian Murphy advises trusting your gut feeling. He believes instinct guides us better than pure logic. This inner compass can lead to growth and fulfillment. Murphy's own career shows the power of following intuition. His wisdom offers inspiration for navigating life's choices. He urges people to listen to their inner voice.
An employee with around 1.5 years of experience has shared his resignation story on Reddit, alleging increasing micromanagement from his manager despite consistent performance and timely work delivery. He claimed that the workplace became more stressful over time, with close monitoring of routine activities and unclear support from seniors. After securing another job offer, he resigned, but said the situation escalated during his notice period, with the manager allegedly hinting at a negative experience letter and possible exit-related issues.
Parliamentary Panels flag ministries budget gaps: Funds cut at RE stage, still unspent
Parliamentary committees have flagged a consistent trend of central ministries failing to spend allocated budgets, leading to significant fund surrenders. Reports highlight poor budgeting and forecasting models across major ministries, including Defence, Petroleum, and Housing, with substantial reductions at the revised estimates stage and low utilization rates.
As talks stretch, Trump says 'prefer not' to strike Iran again
US President Donald Trump voiced frustration over Iran negotiations. He stopped short of threatening new airstrikes. Trump stated he was not satisfied with the current deal. Iran's foreign minister said Tehran is ready for diplomacy if US demands change. The Strait of Hormuz remains a key point of contention. US gasoline prices have surged due to the ongoing situation.
'Not presidential': Trump REVEALS Melania 'hates' his dancing to 'gay national anthem'
Om Birla rejigs 4 House panels for 2026-27; most chiefs stay on
Lok Sabha Speaker Om Birla has reconstituted four key financial and department-related parliamentary committees. These committees will serve for the 2026-27 financial year. Several prominent leaders have retained their chairpersonships. Faggan Singh Kulaste heads the Committee on the Welfare of Scheduled Castes and Scheduled Tribes. Baijayant Jay Panda chairs the Committee on Public Undertakings.
Chief Minister Lalduhoma attends Mizoram Rural Bank Branch Managers Conclave 2026
Mizoram Rural Bank is recognized as one of India's most progressive Regional Rural Banks. The bank achieved a remarkable Credit-Deposit Ratio of 63.28 percent. Its total business turnover reached over 10,600 crore rupees. Mizoram Rural Bank also leads in digital transactions in Northeast India. The Chief Minister lauded its contribution to state development.
Plurilaterals without guardrails can fragment trading system: Experts
Global trade volumes are growing despite concerns about the WTO. Experts discussed reforming the WTO's rules and governance. They highlighted the rise of 'precautionism' and the need for balanced reform. India's role in plurilateral negotiations was debated. The WTO remains indispensable for global trade and multilateralism.
'We're like pirates': Trump boasts US Navy operations during Iran blockade, says 'took over the oil'
Nitish Kumar shifts residence amid Cabinet talks
Former Bihar Chief Minister Nitish Kumar has moved to a new residence at 7, Circular Road in Patna. This relocation occurs as discussions about a potential Bihar Cabinet expansion intensify. Kumar previously resided at 1 Anne Marg for two decades. Political leaders are visiting Kumar at his new home.
African proverb of the day: The apple does not fall far from the tree. This timeless proverb reminds us that children often reflect the behavior, values, and character of their parents, showing how deeply upbringing and early environment shape who we become, while also highlighting the lasting influence of family across generations in shaping human identity and life choices.
India-bound LPG carrier crosses Hormuz: Shipping Ministry
An India-bound LPG carrier, MT Sarv Shakti, has successfully navigated the Hormuz Strait. This marks a significant passage following recent disruptions. The vessel carries a substantial amount of LPG and is expected to reach Visakhapatnam soon. Several Indian-flagged vessels were previously stranded. However, some Indian LPG and crude oil vessels have safely transited the strait since the crisis began.
The death of Alex Zanardi has brought renewed attention to one of the most powerful moments of his life. After a horrific 2001 crash that resulted in the loss of both his legs, Zanardi chose to focus on survival rather than loss, saying, Who cares about my legs? I am alive. I am able to do a lot of new things. He went on to rebuild his life, becoming a Paralympic champion and global symbol of resilience.
Who are R Balasubramaniam and Joram Aniya, new NITI Aayog members?
The Centre has appointed R Balasubramaniam and Joram Aniya as full-time members of NITI Aayog, taking the total number of such members to seven. Aniya, an academic from Arunachal Pradesh, brings over 18 years of experience in teaching, research and public policy, and is known for her work on Nyishi literature and culture.
Delhi-NCR receives rain in several areas; IMD issues yellow alert for next two days
Delhi-NCR experienced much-needed relief from intense heat as rain and thunderstorms swept across the region on Saturday night. The India Meteorological Department had issued yellow and orange alerts for heavy rain and thunderstorms. Temperatures saw an increase on Saturday morning, but the forecast suggests continued light rain and thunderstorms for the next few days, with no heatwave expected.
Taxpayers can rely on Section 80C of the Income-Tax Act to reduce their tax liability through deductions of up to 1.5 lakh in a financial year. Here are the investment options you can choose from:
'Have no idea what you just said': Kennedy GRILLS nominee over Trump's war powers at fiery hearing
Govt eases FDI norms under FEMA for up to 10% Chinese stake
India has eased foreign investment rules. Overseas firms with up to ten percent Chinese ownership can now invest in India without prior government approval. This change applies to investments under the automatic route. The government aims to boost foreign capital inflows. This move follows earlier restrictions imposed in 2020. The new rules are effective immediately.
Embrace your true nature without pressure or comparison, as fulfillment comes from accepting yourself, not performing for others. Virginia Woolf's A Room of One's Own emphasizes authenticity over rushing or artificial sparkle. This message remains relevant today, offering a grounding perspective against societal demands for speed and perfection.
MIP on virgin multi-layer paper board extended to September 30
The measure, first introduced in August 2025, aims to regulate low-cost imports and support domestic manufacturers.
Alexander Pushkin's profound quote, A deception that elevates us is dearer than a host of low truths, explores the human preference for uplifting illusions over harsh realities. The article delves into Pushkin's life and literary achievements, highlighting how his works, though sometimes controversial, shaped modern Russian literature by focusing on realism and human complexity.
India launches first barrier-less toll system on NH-48 in Gujarat
Powered by FASTag and ANPR technologies, the system allows vehicles to pass without stopping, reducing congestion, travel time, and emissions
Nicole Kidman and Tom Cruise are reportedly being linked to a potential private reunion with their adopted children, Bella and Connor, more than two decades after their 2001 divorce. Sources suggest discussions are underway for a low-key family dinner in either London or Florida, depending on logistics and availability. The reported plan follows major personal changes in Kidmans life after her separation from Keith Urban.
Jerry Seinfelds quote of the day offers a practical take on decision-making. It pushes back against the common belief that choosing a different or unconventional path is always the right move. Instead, it suggests that some paths are avoided for valid reasons, such as risk, inefficiency, or lack of reward. The quote is often seen as a humorous response to Robert Frosts poem The Road Not Taken, which has long been interpreted as encouraging individuality.
US budget carrier Spirit Airlines ceases operations, cancels all flights
The shutdown follows failed rescue talks and prolonged bankruptcy struggles, leaving thousands of passengers stranded and around 17,000 workers jobless, marking a major disruption in the US aviation sector
India-linked LPG tanker crosses Strait of Hormuz amid countrys deepening fuel crisis
Sarv Shaktis journey marks the first observed passage by an India-linked tanker since a weeks-old US blockade of ships tied to Iran began
NHAI rolls out India's first stop-free toll system on NH-48 in Gujarat
The new system removes physical toll barriers and enables seamless vehicle movement. The MLFF framework introduces barrier-less tolling with minimal human intervention, enabling vehicles to pass through toll locations without stopping and ensuring seamless traffic flow, the release said.
NITI Aayog gets two new full-time members, count rises to seven
The Centre has appointed Joram Aniya and R Balasubramaniam as full-time members of NITI Aayog, strengthening the think tanks leadership and bringing diverse academic and policy expertise
Sudden food cravings often signal more than just indulgence. Nutritionist Lovneet Batra explains common urges. Sweet cravings might mean low energy, while salty ones could indicate dehydration. Carb cravings may point to low protein. Fizzy drink desires can be thirst. Sour food urges might relate to digestion. Batra offers healthier alternatives for each.
Economist Gary Shilling has made shocking predictions about U.S. stock market including S&P 500 and recession that may grip the country's economy.
FinMin notifies changes in FEMA rules easing FDI for foreign cos with up to 10% Chinese stake
New FEMA rules clear low-level China-linked FDI under automatic route
Bajaj Finance hikes FD rates for select senior citizen schemes
Bajaj Finance has raised interest rates on its fixed deposit (FD) schemes, offering up to 7.75 percent returns for senior citizens. The move comes amid rising demand for fixed-income instruments. The company has increased FD rates by up to 45 basis points on select tenures, particularly in the 31 to 60 month category
A Harvard-trained gastroenterologist has identified eight common daily habits that could be silently impacting your health. From holding your pee and sleeping with your mouth open to poor posture and eating too fast, these seemingly minor actions can lead to infections, pain, and digestive issues. Learn how to adjust these routines for better well-being.
A Gurugram-based software engineer earning Rs 13 LPA, worried about possible layoffs amid rising AI adoption, sought advice from ChatGPT on building a side income. With monthly expenses around Rs 60,000, he wanted a practical backup plan, and the AI suggested three options, freelance tech work for quick earnings, AI-driven automation services for scalability, and content creation for long-term growth, along with a focused 30-day plan to help him start small, find clients, and aim for his first Rs 10,000 in additional income.
African proverb of the day: An African proverb, 'Ugliness with a good character is better than beauty,' challenges superficial definitions of worth. It emphasizes that inner qualities like kindness and integrity hold more value than outward appearance, guiding us to build meaningful connections and self-perception based on true character.
France seeks enforceable rules in India-EU FTA talks
In a move to strengthen economic ties, France is pushing for actionable measures to eliminate trade obstacles between India and the European Union. Minister Delegate Nicolas Forissier emphasized the urgency of addressing non-tariff challenges. With the recent Free Trade Agreement in place, the aim is to ensure it serves as a win-win for both regions.
Energy bills dropping? Americans to see automatic cuts under new May rule hidden details
Electricity bills are going down for some people in Connecticut from May 2026. The new rule will give automatic monthly savings on power bills. This is to help families facing high energy costs. The discount depends on the company you use. But the full bill may not drop much. Prices can also change later based on actual costs and updates.
Bob Dylans quote, Sometimes its not enough to know what things mean, sometimes you have to know what things dont mean, is a striking reminder that understanding life goes beyond fixed definitions. It suggests that clarity often comes not from what is explained, but from what is left unsaid, unseen, or undefined.
KB Chaat in Karol Bagh, New Delhi, offers a unique eggless omelette called moonglet. This vegetarian dish originated from leftover moong dal batter. The vendor's father established the stall in 1970. Today, the stall sells around 200 moonglets daily, alongside other popular chaat items. The moonglet has become a special attraction.
Trump Goes OFF on Minnesota leadership, slams Gov Walz, Ellison in fiery rant | MN Somali Fraud
Government extends minimum import price on Multi-Layer Paper Board till September 30
The government has extended the minimum import price (MIP) on virgin multi-layer paper board at 67,220 per metric tonne until September 30, 2026, according to an official notification.
China's Commerce Ministry blocks US sanctions against five refineries
China's Commerce Ministry has blocked U.S. sanctions on five Chinese oil refiners. These companies were accused of purchasing oil from Iran. The U.S. Treasury had previously imposed sanctions on Hengli Petrochemical and four other refineries. China states these sanctions violate international law. The injunction prevents the U.S. from recognizing or implementing these sanctions.
DEA notifies FDI easing for foreign cos with up to 10 pc Chinese stake under FEMA
New rules allow overseas firms with up to 10 percent Chinese ownership to invest in India automatically. This applies to sectors open for foreign direct investment. However, companies registered in China, Hong Kong, or countries sharing a land border with India are excluded. These changes aim to streamline investment while maintaining oversight. The Finance Ministry has notified these updated regulations.
DA hike: The highest hike for Dearness Allowance of central government employees came in 2021 with an 11% increase from the central pay commission. Here's a look at what increments have been announced over the past few years
DEA eases FDI rules for firms with up to 10% Chinese shareholding under FEMA
The revised policy shifts focus to beneficial ownership while retaining curbs on entities from land-border countries, marking a calibrated relaxation of post-Covid FDI rules
Berkshire Hathaway now has very high cash and a new CEO after Warren Buffett. The company is not investing much and is selling stocks. Experts are asking what it will do next. Some say it may give dividends. Others think it will focus on energy and business growth. Big changes may happen soon.
Spirit Airlines has shut down operations. This marks the first airline collapse linked to the Iran war, following a surge in jet fuel prices. The U.S. government has announced a relief plan for affected customers and the airline's 17,000 employees. Major carriers are capping ticket prices and offering reduced fares. Employee support includes job interview opportunities.
Finance Ministry notifies FDI easing for foreign firms with up to 10% Chinese stake under FEMA
These relaxed FDI rules will not apply to entities registered in China or Hong Kong or other countries sharing land borders with India
Jindal Steel, Thyssenkrupp pause talks on steel unit stake
Thyssenkrupp AG and Jindal Steel International have paused discussions on a potential stake sale in the German firms steel unit. The company said the assumptions for the deal have changed, citing progress in restructuring its steel business and a more favourable regulatory environment in Europe, which offers better growth prospects despite high energy costs.
Nawazuddin Siddiqui, known for his versatile roles, recently shared his early career struggles, including financial hardship and repeated rejections. He recalled surviving on Parle-G biscuits and the emotional toll of being fired from film projects just before shooting. Despite these setbacks, Siddiqui remained dedicated to his craft, practicing dialogues publicly.
'USS Lincoln will stop': Trump renews Cuba THREAT, says 'will take it on the way home from Iran'
Aushadhi Express reefer rake flagged off to boost pharma logistics
The service is expected to reduce transit time, lower costs, and improve supply-chain reliability, supporting Indias growing pharma exports.
Wrexham's dream of reaching the Premier League is over, for this season anyway. Ipswich is owned by U.S. investment group Gamechanger 20 Limited and counts pop star Ed Sheeran as a minority shareholder.
Electric bus sales up 19% in JanApr; JSW entry signals new capacity as April sales see dips
JSW Greentechs April dispatch of 25 buses marks its formal entry into Indias electric bus market, albeit at a pilot stage
House of the Dragon Season 3 is set to stream in India. The new season continues the brutal Targaryen civil war, with Rhaenyra trying to strengthen her claim using new dragon riders while Aemond tightens control over Kings Landing. As battles spread and tensions rise, the fight for the Iron Throne begins to spiral into a larger destruction that could wipe out both sides.
India should create strategic buffers to navigate 'most difficult' energy shock: CEA Nageswaran
V Anantha Nageswaran has called for India to build strategic buffers to manage the ongoing energy shock triggered by the West Asia crisis, warning it is the most severe in recent times.
Iran juggles oil cuts and storage strain to resist US blockade
Tightened US naval restrictions in the Strait of Hormuz have sharply reduced Irans oil exports, forcing the country to cut production as storage fills up. Despite the pressure, Iran is drawing on past experience with sanctions to manage the crisis, including reducing output in a controlled way and using floating storage to keep supplies moving.
Break in the case? Nancy Guthrie DNA heads to FBI sheriff speaks out
Officials are still investigating the abduction of Nancy Guthrie, who went missing three months ago. DNA samples from the crime scene have been sent to the FBI. A man was seen outside her home shortly before her disappearance. Ransom letters have been sent to media outlets. The family is pleading for proof of her well-being.
Dont make this tax mistake: Key quarterly deadlines that could save you money
Missing quarterly tax deadlines can cost you extra money in penalties and interest. People who earn on their own or expect to owe taxes must pay on time during the year. Knowing the correct dates, paying early, and staying organized can help you avoid problems. Simple planning and timely payments make tax filing easier and less stressful.
Iranian proposal rejected by Trump would open strait before nuclear talks, Iran official says
Iran has offered a new proposal to end the ongoing conflict. The plan suggests reopening shipping in the Strait of Hormuz and lifting the US blockade. Nuclear talks would be postponed for later discussions. However, US President Donald Trump has rejected this offer, stating he cannot agree to Iran's demands. This development comes after weeks of disrupted global energy supplies.
Dhoni to play IPL CSK vs MI clash today? Here's a big update on former skipper's return
Former India spinner Ravichandran Ashwin has expressed doubt over MS Dhoni's return for Chennai Super Kings' IPL 2026 clash against Mumbai Indians. Ashwin believes Dhoni is unlikely to play, and also suggested Rohit Sharma might be sidelined due to injury. The article highlights the crucial must-win nature of this encounter for both struggling franchises.
Manipur: Bodies of two children killed in April bomb attack taken from morgue
The bodies of a five-year-old boy and his six-month-old sister, killed in a Manipur bomb attack, were finally taken for last rites after 25 days in the morgue. The April 7 incident in Bishnupur had sparked widespread protests, leading to the case being handed over to the NIA.
Quote of the Day by John Milton: For what can war, but endless war, still breed? John Miltons quote is a powerful reflection on war, peace, and the repeating cycle of violence in human history. The timeless quote highlights how conflict rarely brings true resolution and instead leads to further destruction, suffering, and retaliation. It serves as a moral warning about the consequences of choosing force over dialogue and urges humanity to break free from cycles of hostility.
Trump likes the idea of government owning some US companies but took a pass on Spirit Airlines
President Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to boost the US economy. This approach marked a shift from traditional Republican views. Trump believed in government stakes for economic security and to compete with China. His administration made several investments in key industries.
No IIT, no IIM, techie reveals how he went from Rs 5 LPA to Rs 12 LPA in less than three years
A software professional detailed his journey from a 5 LPA entry-level salary to 14 LPA in under three years, overcoming a tough job market. He emphasized continuous skill development, proactive learning, and strategic networking through LinkedIn as key drivers for his significant salary growth, highlighting practical application over mere years of experience.
Sony Pictures Networks India hires Harsh Deep Chhabra to lead strategy, new business
Sony Pictures Networks India has appointed Harsh Deep Chhabra as Head of Strategy and New Business, with the executive joining from Godrej Consumer Products Limited.
Popular actor-director Deven Bhojani, known for his vegetarianism, recounted two incidents of accidentally eating non-veg food. Early in his career, he unknowingly ate a chicken sandwich while working on 'Jo Jeeta Wohi Sikandar'. Later, he tried fish at a restaurant but felt nauseous. These experiences highlight his commitment to his diet.
Quote of the day by Nicole Kidman shares a message about change, risk, and progress. The quote explains how life moves with turns and uncertainty. This story explains the quote meaning, life lessons, and the journey of Nicole Kidman. It covers her early life, career growth, awards, films, television roles, personal life, and major achievements while linking the quote to real events from her career and life.
Crude surge is a price shock, not supply shock for India: CEA Nageswaran
He warned that rising oil prices could widen the current account deficit, strain fiscal targets, and impact trade, remittances and logistics, though India remains relatively better positioned due to fiscal discipline and steady FDI inflows
A Reddit user has shared how a simple mindset shift changed his job search after months of rejection. Instead of approaching interviews with desperation, he started treating them as if he already had other options, which helped him stay calm, confident, and more focused. He said this change improved how he answered questions and interacted with interviewers, eventually leading to multiple job offers.
Aldi pizza salmonella alert: Check full list of items in warning circular
Aldi pizza salmonella: At least 34 people in 13 states have been sickened with salmonella poisoning traced to contact with backyard poultry. Backyard poultry include birds like chicken, ducks, geese, guinea fowl and turkeys.
Bank deposit risk explained: What happens to your money if a lender fails to return it?
Bank deposits are generally safe, but in case of bank failure, only 5 lakh per depositor is insured under the DICGC. This coverage applies to all accounts in a bank, with specific exclusions for certain deposits. Details here.
Spirit Airlines shutdown creates travel problems for many passengers. American Airlines steps in with quick support like cheaper rescue fares and extra flights. The airline is also helping stranded staff and offering jobs. Many routes are covered to reduce issues. This move aims to make travel easier and support people affected by the sudden airline shutdown situation.
Chinese proverb of the day shares a lesson about curiosity, education, knowledge, success, and humility. The proverb explains why asking questions removes fear and builds understanding. It shows how silence creates ignorance. The message supports lifelong learning, problem solving, and critical thinking. The teaching also explains how schools, workplaces, and daily life benefit when people speak, ask, and learn without fear.
Alex Zanardi cause of death: What happened to ex-F1 driver and Paralympic champion? All that we know
Alex Zanardi cause of death: Alex Zanardi, the Italian racing driver turned Paralympic champion, has passed away at 59. Known for his Formula One career in the 1990s and CART titles in 1997 and 1998, Zanardis life changed after a devastating 2001 crash that led to the amputation of both legs. He later reinvented himself as a para-cyclist, winning four Paralympic gold medals. Despite another serious accident in 2020, he remained an enduring symbol of resilience.
Israeli airstrikes on southern Lebanon kill 7 despite ceasefire
Israeli airstrikes hit southern Lebanon on Saturday, killing at least seven people. This occurred despite a ceasefire in place since April 17. Villages like Kfar Dajal, Lwaizeh, and Shoukin were targeted. The Israeli military conducted about 50 airstrikes in 24 hours. Hezbollah also reported drone attacks on Israeli troops. The conflict continues along the Lebanese-Israeli border.
A Nashik court on Saturday refused anticipatory bail to Nida Khan, an employee of Tata Consultancy Services (TCS), in connection with an alleged sexual harassment and forcible religious conversion case, PTI reported.
Nobel laureate Narges Mohammadi in Iran hospital after 'cardiac crisis', foundation says
Nobel Peace Prize winner Narges Mohammadi is in an unstable condition in an Iranian hospital. She was transferred from prison after a severe health crisis. Her family reports a catastrophic deterioration including loss of consciousness and a cardiac crisis. Doctors determined her condition could not be managed on-site. She remains in an unstable state receiving oxygen.
Tamil Nadu, renowned for its temples and hills, harbors a surprising red sand desert called Theri Kaadu. Spanning 12,000 acres in Thoothukudi and Tirunelveli, this unique landscape boasts crimson dunes rich in iron oxide. Despite its arid appearance, the porous sands sustain freshwater springs, supporting diverse wildlife and offering a blend of natural beauty and spiritual sites for exploration.
Commercial LPG hike: Delhi restaurant owners warn of higher menu rates, job losses
Commercial LPG cylinder prices have surged, impacting Delhi's food businesses. Restaurant owners and street vendors warn of higher menu rates and potential job losses. This steep hike, linked to global energy prices, is causing significant financial strain. Many businesses are exploring alternatives like piped natural gas.
Power Ministry mandates phased rollout of local content in HVDC substations
Power Ministry aims to reach 60% minimum local content in HVDC substations by FY35
Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared
Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section 80C but have a 5-year lock-in. Interest rates vary, with senior citizens receiving higher rates.
Worlds largest container carrier plans route avoiding Hormuz
The worlds largest container shipping company, MSC Mediterranean Shipping Company, is launching a new EuropeMiddle East service that avoids the Strait of Hormuz by combining sea, road, and feeder ship routes.
Why did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn't just a corporate failureits a collision between a fragile business model and a volatile new geopolitical reality. While Spirits liquidation is arguably the most visible American corporate collapse triggered by the 2026 Iran war, it isn't technically the first shock. The economic tremors started back in early March when Brent crude surged toward $120 following the closure of the Strait of Hormuz.
