39 C 
Sonam Wangchuk discharged from hospital, says he will visit Rajghat before returning to Ladakh
Climate activist Sonam Wangchuk has been discharged from the hospital. He will now visit Rajghat to pay tribute to Mahatma Gandhi. After this visit, he plans to return to the mountains. Wangchuk expressed gratitude to his supporters and the medical team. The team at Medanta Hospital Gurgaon provided him with excellent care.
A 26-year-old Bengaluru professional with Rs 2 lakh monthly salary, zero debt, Rs 14 lakh in savings and retired parents says he still feels financially inadequate. His Reddit post about watching auto driver friends with loans appear happier and more content has resonated widely online.
ITR filing rush: THESE 9 mistakes that can prove costly
Why thousands of Himachal teachers are doing hunger strike after a 15-day march across the state
Thousands of primary school teachers marched across Himachal Pradesh demanding policy changes. They gathered in Shimla after a 15-day protest march concluded. Federation leaders have now begun an indefinite relay hunger strike outside the directorate. The Chief Minister assured the gathering that most demands were accepted.
The Supreme Court dismissed a review petition regarding Scheduled Caste status. A person converting to a religion other than Hindu, Sikh, or Buddhist loses SC status. This loss is immediate and complete from the moment of conversion. The court upheld an Andhra Pradesh High Court order on this matter. Reconversion requires proof of original caste and community acceptance.
Bill against Paper Leaks, assured to NEET protestors, tabled in Lok Sabha amid Opposition uproar
Ukraine wants prototype of European missile defence system by mid-2027, official says
Ukraine seeks a European anti-ballistic system prototype by mid-next year. This ambitious project aims to counter Russian missile threats effectively. Kyiv will provide a launcher and interceptor missile for testing. European nations and defense manufacturers are contributing technology and expertise. The goal is a lower-cost alternative to existing air defense systems.
No sweets till LA28: India's women hockey stars embrace Olympic sacrifice
The Indian women's hockey team has adopted a strict diet, avoiding sweets and fast food. This disciplined approach supports their focus on the FIH World Cup and Asian Games. Players maintain high fitness standards, a change from previous Olympic campaigns. Their commitment is self-motivated, aiming for podium finishes in major events. The team's preparations are bolstered by recent successes and expert guidance.
Why Do People Get Grey Hair: New research in Japan suggests grey hair may signal a body's protective response against Cancer. Stem cells shut down after severe DNA damage, preventing harm, however, certain carcinogens can cause these cells to multiply unchecked. This process can lead to melanoma, the most dangerous skin cancer. The study connects visible aging and cancer risk in new ways.
US energy cushion faces new stress test as Middle East risks rise again
As Middle East tensions rise, Americas energy market stability is put to the test. Record levels of electricity demand and heavy data-center usage are straining the nations energy system. Critical metrics like oil and gas production are actively monitored for pressure points, while tight refined product inventories raise concerns. Although gas storage remains adequate, strong LNG exports hint at potential supply challenges ahead.
Cricket's return gives the Olympics its biggest growth opportunity in decades
Cricket's return to the Olympics at Los Angeles 2028 is driven as much by strategy as sport, with the IOC aiming to tap into India's vast audience and commercial power. Officials say the move will help the Games reach billions of new viewers, boost broadcasting revenues and attract younger fans, while the explosive rise of T20 cricket and the IPL has made the sport an ideal Olympic fit. With Brisbane 2032 and India's 2036 hosting ambitions on the horizon, cricket is expected to become a long-term pillar of the Olympic movement.
Shreyas Iyer thanks VVS Laxman after 'flawless' Zimbabwe triumph
India secured a 3-0 T20 series victory over Zimbabwe in Harare. Interim coach VVS Laxman commended captain Shreyas Iyer's leadership and optimism. Iyer acknowledged Laxman's motivational role in the team's successful performance. The Indian squad achieved this win despite missing several key players. This series triumph followed a challenging start to Iyer's captaincy.
BJP-NDA MPs chant 'Dharmendra Pradhan Zindabad' as he arrives at Parliament
The Supreme Court asserted that police actions during protests must not exceed justified limits, advocating for a structured approach to managing peaceful gatherings. The court has agreed to review claims of excessive force used against student protesters and a related case about police being attacked, during a time when the government is reinforcing anti-paper leak legislation.
Will my FCNR deposit stay tax-free after I return to India?
Experts explain whether FCNR deposit interest remains tax-free after returning to India and whether a five-month stay in India triggers tax residency under current rules.
ITR filing 2026: Sitharaman asks tax officials to let honest taxpayers correct genuine mistakes
As the July 31 ITR filing deadline nears, Finance Minister Nirmala Sitharaman has urged tax officials to let honest taxpayers correct genuine mistakes. She also outlined the 5Rs of responsive tax governance and called for greater tax certainty and lower litigation.
Breadfruit, a tropical staple, offers significant protein and fibre content for consumers. This fruit, which resembles jackfruit, grows in coastal regions and is nutrient-rich. It requires cooking before consumption and is used in various dishes and treats. Breadfruit supports cardiac health and aids in digestion with its beneficial nutrients. Its vitamin C and antioxidants also help strengthen the body's natural defence system.
Cochin Port union calls for re-development of Willingdon Island
Willingdon Island has been facing severe trade stagnation and employment crisis for years following the closure of the Rajiv Gandhi Container Terminal after the setting up of Vallarpadam Container Transhipment Terminal
RBI to hold rates through 2026 as growth risks outweigh inflation: Poll of economists
Economists predict the Reserve Bank of India will maintain its key interest rate at 5.25% through year-end. This decision comes as the central bank assesses war impacts and current price pressures. Inflation has risen above the target, but a rate hike is considered premature by officials. The RBI will likely avoid using interest rates to defend the weakening rupee. India's economic growth is forecast to slow to 6.
CJP Resignation Party Viral Video: Supreme Court lawyer Mahesh Jethmalani questioned the Cockroach Janta Party's celebrations after protests and the resignation of the Union Education minister Dharmendra Pradhan. He raised concerns about the movement's leadership celebrating with music and dancing. Jethmalani also demanded transparency regarding the funding of the month-long agitation.
'Gen Z is emotional, adaptable but...': Mohan Bhagwat links women's liberation to societal change
Parliamentary Affairs Minister Kiren Rijiju urged all political parties to participate in the debate on the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, which aims to strengthen the legal framework against paper leaks and examination malpractices. The Bill, introduced in the Lok Sabha amid concerns over the NEET-UG controversy and recent student protests, proposes stricter measures to curb unfair practices in public examinations. The government said the legislation reflects its commitment to ensuring transparency and integrity in the examination system.
Celebrity fitness trainer Yasmin Karachiwala, who has worked with Bollywood stars including Deepika Padukone, Alia Bhatt, Kriti Sanon and Ananya Panday, shared a healthy cookie recipe. This recipe uses simple ingredients like coconut and almond flour. The wholesome cookies are easy to prepare and bake quickly. They offer a guilt-free treat to enjoy with coffee. These cookies can curb hunger pangs or serve as evening snacks.
Will table audit report on corruption during DMK regime, says TN Finance Minister
Tamil Nadu Finance Minister N. Marie Wilson said the TVK government will table an audit report during the Budget session alleging corruption and party fund irregularities under the previous DMK regime. He also reiterated the government's commitment to abolishing NEET.
Myanmar military escalates civilian killings, monitor warns, amid diplomatic push
Myanmar's military has intensified attacks on civilians since a new administration took office. Specialized jet fighter groups are conducting sustained airstrikes against single targets. The military's tactics show shifting modalities of civilian repression rather than reduction. Diplomatic engagement is increasing with regional governments and neighboring countries.
The Lok Sabha will consider the Public Examinations Amendment Bill, 2026. This bill aims to prevent unfair means in national examinations. Samajwadi Party chief Akhilesh Yadav urged the government not to challenge public awareness. Nationalist Congress Party MP Saayoni Ghosh welcomed the government's steps. Youth and student views were heard, fostering hope for constructive parliamentary discussion.
Industrialist Harsh Goenka sarcastically shared a new robot dog video online. He implied Galgotias University might claim this invention as its own. This references a past controversy where the university presented a commercial robot as its creation. The university later clarified the robot was a teaching tool for students. This incident highlights ongoing discussions about indigenous innovation versus rebranded technology.
'They deserve pink slip, not A+..': Jeffries puts Republicans on notice with 100 days until midterms
Prepare your SIP before the next market correction: Experts share a 5-point checklist
Market volatility is inevitable, but experts say investors can avoid emotional decisions by planning ahead. From setting investment rules to building an emergency fund, here's how to prepare your SIP before markets turn turbulent.
Amarnath Yatra: Pilgrims' 20th batch crosses Chanderkote under tight security
The Amarnath Yatra resumed after a six-day suspension due to heavy rainfall and inclement weather. Pilgrims from the 20th batch successfully crossed Chanderkote on Monday en route to the Holy Cave shrine. Authorities allowed travel exclusively via the Baltal route as the Pahalgam track remains closed. The annual pilgrimage attracts thousands of devotees from across the country each year.
Quote of the day: Martin Heidegger viewed human existence as a constant movement toward death. He argued that awareness of mortality shapes every moment of life. People often avoid confronting death, living according to social expectations. Heidegger believed facing mortality leads to a more authentic and deliberate existence.
Gold and silver prices today, 24 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Tomato's twisted truth: The Australian or Italian tomato you bought may actually be Chinese
A forensic investigation has found that major Australian brands like Leggo's, Coles, and Aldi misled consumers about the origins of their tomato products. Over 221 tomato-based items were analysed, revealing that many were actually sourced from China. The involved companies have denied any wrongdoing and are conducting internal inquiries to address these accusations.
Disha Patani, who was last seen in Welcome to the Jungle, maintains a strict fitness routine and nutritious diet for her physique. She enjoys favourite indulgences, like eating jalebis, and then exercises. Akshay Kumar revealed her discipline after a trailer launch event. Patani also prioritizes her skin with golden drinks like turmeric water. Her fitness philosophy emphasizes mindfulness and consistent healthy habits.
CENTCOM chief advised halting Hormuz strikes before Trump paused Iran campaign: Report
US Central Command chief advised stopping strikes near Strait of Hormuz due to limited effectiveness. President Trump halted American military strikes against Iran after receiving this advice. Military and civilian advisors acknowledged limits to air power campaigns and their accomplishments. Iran halted retaliatory attacks after Washington paused its strikes for two nights. The US and UK are discussing an international conference to protect the Strait of Hormuz.
Indian Army displays advanced drones and mobility war machines at Matayen in Drass, Ladakh
Thalapathy Vijay's Jana Nayagan has crossed the Rs 200 crore mark worldwide within just four days of its release. According to Sacnilk, the film earned Rs 32 crore net in India on Day 4. Directed by H. Vinoth, the action entertainer continues to perform strongly in India and overseas.
ITR filing deadline 2026: Only 5 days left till 31 July Key things taxpayers must know
ITR filing deadline 2026 is just five days away for salaried taxpayers, pensioners and investors. Here's who must file by 31 July, key due dates, essential verification steps, filing checklist and practical tips to avoid last-minute errors and refund delays.
Harshith Reddy and Smeha Manimegalai's romantic drama Deewana is set for its digital premiere. Deewana will be available to audiences in both Telugu and Tamil languages. The makers are optimistic about the film reaching a wider audience on the digital platform. Read on to know when and where to watch it online.
CJP founder Abhijeet Dipke's father speaks after Shiv Sena minister Sanjay Shirsat visits family
India may see up to $85 billion in forex inflows after RBI's FCNR move: Report
India anticipates substantial Foreign Currency Non-Resident deposits, possibly reaching eighty to eighty-five billion dollars. Public sector banks are leading this significant mobilization effort, exceeding previous records. FCNR(B) deposits have already reached seventeen point forty-one billion dollars by mid-July. Higher interest rates are expected to encourage renewals of maturing FCNR deposits. This influx will bolster foreign currency assets, reflecting positive economic trends.
PHC Mogla brings healthcare closer to Rajouri's remote villages
PHC Mogla now offers essential healthcare services locally. Residents previously traveled long distances for basic medical treatment. A portable X-ray machine aids emergency care for injured patients. Maternal healthcare has also seen significant local improvements. This facility has become a crucial lifeline for remote villagers.
Smoke detected in Dhauli Express in Odisha; affected coach detached
Smoke was detected in a Dhauli Express coach on Sunday night. The incident occurred at Markona railway station in Odisha's Balasore district. The affected seating-cum-luggage rake was detached from the train. Passengers and railway staff reported no injuries following the incident. The train resumed its journey after necessary safety checks were completed.
Call 181, receive justice quickly: Delhi DCW Chair Lata Gupta's first message after appointment
Guru Purnima 2026 Mein Kab Ki Hai: Guru Purnima in 2026 will be observed on Wednesday, July 29, marking the full moon. The Purnima Tithi begins on July 28 and concludes on July 29, with moonrise at 7:21 PM. School closures for Guru Purnima are not centrally mandated and depend on state and local decisions. Many states traditionally observe this day as a holiday, while others may have local observances.
Mumbai Port mulls new oil jetties, specialised cargo terminals: Angamuthu
The Mumbai Port Authority would prefer a collaborative approach with differentstakeholders in expansion
Maruti Suzuki Brezza 2026 vs old model: Here's everything that's new in the facelift model
Maruti Suzuki has updated the Brezza for 2026 with a new turbo-petrol engine. The compact SUV receives a refreshed exterior design and updated cabin technology. New safety features like blind spot monitoring enhance its appeal. The 2026 Brezza also boasts improved fuel efficiency across its powertrains. This facelift aims to maintain its competitive edge in the segment.
GCCs, MNCs drive large office transactions across India's commercial realty market
Large occupiers drove India's office market expansion in early 2026. Global Capability Centres and tech firms sought Grade A office campuses. Bengaluru led office leasing, followed by Hyderabad and NCR markets. Mid-sized and smaller office segments also saw significant leasing activity. This trend highlights a structural shift towards integrated, future-ready workspaces.
Indonesia's central bank governor Perry Warjiyo steps down, stoking independence concerns
Indonesia's central bank governor Perry Warjiyo resigned unexpectedly on Monday. Destry Damayanti, a senior deputy governor, will now serve as interim governor. This surprise move could unsettle investors concerned about central bank independence. The rupiah weakened and the stock index initially fell after the announcement. Analysts await the government's decision on a permanent successor for stability.
India vs Zimbabwe T20 cricket match highlights: Who won yesterday's clash? Check details
India completed a 3-0 T20I series sweep over Zimbabwe with a 35-run win in the third and final match, as 15-year-old Vaibhav Sooryavanshi starred with 81 off 49 balls and was named Player of the Series. India posted 192/5 before restricting Zimbabwe to 157/7, with Mayank Yadav taking three wickets.
Disappointed to miss Gold: Weightlifter Raja Muthupandi on winning silver medal at Glasgow CWG
God of War Laufey will launch for PlayStation 5 on February 16, 2027. This new installment focuses on Faye after her death in a mysterious realm. The game expands the universe and sets up future narrative developments. Santa Monica Studio confirmed the next Kratos-led game will directly follow these events. More God of War projects, including a Greek Trilogy Remake, are also in development.
Berlin Pride attack suspect shot dead after police manhunt
Police shot and killed the suspect in Berlin's deadly Pride attack. The suspect had previously sought to join the Islamic State group. He was convicted of preparing a serious act of violence endangering the state. Authorities believe this was an Islamic extremist terror attack. Security measures at future events will be reviewed and boosted.
PM Modi interacts with participants of Viksit Vibrant Village Program 2026
Prime Minister Narendra Modi interacted with Viksit Vibrant Village Program participants on Sunday. He highlighted the significant nationwide participation of young citizens in various national initiatives. The Prime Minister praised the youth network for their commendable work across the country. He stressed the importance of connecting with border villages for national progress. Modi urged youth to share their experiences and promote border tourism.
India Meteorological Department forecasts heavy to extremely heavy rainfall in several regions. Chhattisgarh and Odisha are expected to receive isolated extremely heavy showers. Heavy to very heavy rain will also impact Uttar Pradesh and Madhya Maharashtra. The weather office warns of thunderstorms, lightning, and gusty winds across many states. Squally conditions are predicted over the Arabian Sea and Bay of Bengal.
Odia singer Jyotirmayee Nayak wins Indian Idol 16: Here's how much prize money she took home
Jyotirmayee Nayak from Odisha has won Indian Idol Season 16. She received a cash prize for her victory. The singer impressed judges and audiences with consistent performances throughout the season. Her win marks a major milestone in her musical career. Read on to know more about Indian Idol Season 16 winner.
Netanyahu to visit US on July 27, set to discuss Iran situation with Trump, ICC
Ventilator shortage overwhelms Islamabad hospitals, delays critical care
A severe shortage of ventilators has left Islamabad's leading public hospitals operating at full intensive care capacity, forcing critically ill patients onto waiting lists and straining Pakistan's healthcare system. Hospital officials cited chronic funding and staffing shortages, rising patient volumes and delayed equipment maintenance as key challenges, while doctors warned that adding more ventilators alone would not solve the crisis without trained personnel. The issue has also reignited calls for expanding critical care infrastructure and reviving domestic ventilator manufacturing.
Donald Trump dismisses concerns over US missile stockpiles amid Iran conflict
US President Donald Trump has dismissed concerns that the United States is running low on critical missile interceptors amid its conflict with Iran, insisting the country has far more munitions than anyone in the world, and far more than we need. His remarks came after reports by The New York Times and The Wall Street Journal said senior military officials had warned that expanding operations against Iran could strain Patriot and other air defence interceptor stockpiles. While the White House and Pentagon maintained the military has sufficient resources, analysts estimate U.S. interceptor inventories have fallen sharply since the conflict began, fuelling debate over America's readiness for a prolonged regional conflict.
The 8th Pay Commission is holding stakeholder meetings and consultations. Central government employees can track key developments and submission deadlines before recommendations on salaries, pensions and allowances are finalized.
Case filed against actor Sreelekha Mitra over alleged PM Modi caricatures
Kolkata Police have registered a case against Bengali actor Sreelekha Mitra over allegations that she displayed offensive, defamatory and derogatory caricatures of Prime Minister Narendra Modi during a public rally in the city on July 24. The case was filed at Anandapur Police Station following a complaint by Keya Ghosh, and police said an investigation has been initiated under relevant provisions of the Bharatiya Nyaya Sanhita (BNS).
Assam flood death toll rises to 68
Iran slams Netanyahu, US over ICC prosecutor Karim Khan's removal
Iran's Deputy Foreign Minister criticized Israel and the United States. This followed remarks by Israeli Prime Minister Benjamin Netanyahu regarding the ICC. Netanyahu welcomed the removal of ICC Chief Prosecutor Karim Khan. He stated the US pledged to act against the court pursuing him. Khan was removed after allegations of sexual harassment surfaced.
Gold, silver reset: What should investors do now?
Gold and silver prices have significantly declined after reaching peaks earlier this year. This correction follows a period of strong gains driven by geopolitical risks and momentum. Experts suggest the current pullback is a normalisation after excesses and not a long-term trend reversal. Long-term fundamentals for gold and silver remain intact, supported by central bank buying and consumer demand.
Digital Nomad visa: How it works & who should apply?
Digital nomad visas now offer professionals a new route for global mobility. These permits allow individuals to live abroad while working remotely for foreign employers. Remote work acceptance after the pandemic fuels the rise of these attractive new visas. Spain and Portugal are top destinations for Indians seeking this lifestyle. Careful tax planning and understanding local rules are crucial for applicants.
Credit card rewards: Spend smart, earn more
Banks increasingly reward engagement rather than ownership. Issuers want your premium card to become your preferred spending instrument, as it determines whether they earn interchange income, interest or merchant partnerships. Thats one reason why targeted offers, bonus reward campaigns and accelerated earning opportunities exist throughout the year.
Last-minute ITR filing checklist for July 31
Taxpayers must file income tax returns by the July 31 deadline to avoid penalties. Accuracy is paramount, and mismatches in the Annual Information Statement require careful reconciliation. Foreign asset disclosures and F&O reporting errors can lead to significant tax complications. Understanding deemed residency rules is crucial for Non-Resident Indians filing their returns. Late filing incurs fees and restricts tax regime options and loss carry-forwards.
Tenant or landlord? Know your legal rights
A recent Supreme Court ruling bolsters landlord positions in eviction disputes across India. This decision clarifies ownership proof requirements in eviction suits, aiding property owners. The Model Tenancy Act, 2021, aims to balance tenant and landlord rights effectively. Clear rent agreements are crucial for minimising disputes and ensuring transparency. Both tenants and landlords must understand their rights and responsibilities under current laws.
Sebi's Rs 25 lakh PMS plan: What it means
India's securities regulator is proposing major changes to portfolio management services. A new category will lower the minimum investment to Rs. 25 lakh. This move aims to make professional management accessible to more investors. The proposals also allow for wider investment in foreign and unlisted securities. These changes could reshape the investment landscape for many individuals.
SIP breaks can delay your financial goals
Financial mistakes are often measured by lost rupees, not lost time. Compounding benefits are significantly impacted by delays and interruptions in investments. Pausing systematic investment plans can push financial goals further into the future. Withdrawals from investments also reduce capital available for compounding over time. Increasing SIP contributions can help investors recover lost time and build wealth.
How pursuit of wealth is affecting mental well-being
According to a recent study by ManipalCigna Health Insurance, while only 1% describe their overall health as poor, as many as 82% claim they are stressed. 82% Indians have high stress, with 13% describing it as unmanageable and 69% describing stress as manageable. Moreover, 1 in 3 doesnt want to buy a health plan.
Is your portfolio serving you or the wealth manager?
Being rich does not automatically make you a better investor. It just means that you get sold to differently. And it makes you more vulnerable and a better target! The system is often designed to sell what brings the most commission, not what suits the client. And often, higher commissions are used to sell the comparatively worst and unsuitable products.
Gold, silver, equity or debt: Know the 2026 winner
Welcome to TrendMap, your quick guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. The annual returns are ranked across multiple asset classes, including equity, debt, and precious metals. This map shows that no single asset class reigns supreme. Hence, diversification helps. By Sameer Bhardwaj.
RBI flags war risk: Will it change repo rate in Aug?
The RBI is widely expected to keep interest rates unchanged at its 5 August policy meeting, making it one of the few central banks in the region that has not changed policy in response to the Middle East conflict. Governor Sanjay Malhotra has indicated that the policy rate is likely to remain at 5.25%, unless price pressures become broader.
PMJAY, APY to PMJJBY: Govt schemes for the poor
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 112th part of this series, Riju Mehta lists some of the popular government schemes for the lower income groups.
Aly Goni and Jannat Zubair emerged as the winners of Laughter Chefs: Unlimited Entertainment Season 3. They impressed viewers with their teamwork and entertaining chemistry throughout the competition. The show combined cooking challenges with comedy, hosted by Bharti Singh. Read on to know more about their prize money.
Syria seeks security pact with Israel, says President Sharaa
Syrian President Ahmed al-Sharaa seeks a security agreement with Israel for peace. Israel seized strategic territories after Bashar Al Assad fell to rebels. Israeli forces shelled Syrian areas and destroyed an electrical transformer recently. UN Secretary-General Antonio Guterres urged respect for Syria's sovereignty and territorial integrity. Sharaa's government is rebuilding international ties after years of conflict and isolation.
Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructure
Ship traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast. Meanwhile, transit through the Strait of Hormuz stayed low over the weekend. Seven commodity vessels passed through Bab el-Mandeb, the lowest level in months. Red Sea traffic has been disrupted by the Houthis since last week.
In a world which is judged by superficial or external markers such as appearance, professional success, many of us make assumptions of people through first impressions. A popular Russian proverb warns us that we may be mistaken when making such assumptions.
Trilateral critical mineral deals, wider air pact key to India-UAE ties ahead, says UAE Minister
India and the UAE are exploring joint investments in third countries for critical minerals. This strategic partnership aims to secure vital supply chains for future industries. Enhancing air services pact is crucial for boosting trade and tourism growth. Increased seat entitlements will lower airfares and connect more Indian cities. Both nations aim to achieve a $200 billion bilateral trade milestone together.
Bain Capital is nearing a deal to buy a significant stake in IndusInd General Insurance. This acquisition could value the insurer at over sixteen thousand crore rupees. The private equity firm expects to invest between four thousand and five thousand crore rupees. Discussions are currently focused on valuation and final commercial terms. The deal is anticipated to be finalized by late August or early September.
Protium in advanced talks to buy Clix Capital; Rs 1,900-2,200 crore valuation likely
Protium Finance is nearing a deal to acquire Clix Capital for approximately Rs 1,900-2,200 crore. This acquisition aims to expand Protium's market reach and product offerings significantly. Aion Capital Partners expects to exit its investment from its maiden fund successfully. Clix Capital, founded by former GE veterans, has been seeking a buyer since late 2024. Protium Finance, a seven-year-old lender, specializes in various business loans for MSMEs.
Chinese proverb of the day shares the traditional saying, When you are in a hurry, the horse holds back. The proverb explains that rushing often creates mistakes, stress and delays. It teaches people to stay calm, plan their work and move at a steady pace. Even in modern life, this Chinese proverb remains useful for students, workers, business owners and families because patience often leads to better decisions and better results.
Quote of the day by Lena Headey reminds people that love often appears in simple daily moments instead of major events. The actress shares how smelling her son's hair during a peaceful morning brings tears to her eyes because of the depth of her love. Her words explain the emotional changes that parenthood can bring and encourage people to value everyday experiences, deep relationships, gratitude and emotional connection.
A bear skull found near Viminacium amphitheater reveals its use in Roman gladiator fights. The bear suffered a frontal bone fracture and showed cage-biting marks on its teeth. This evidence indicates the animal participated in multiple spectacles and likely died from infection. The discovery provides the first osteological proof of brown bears in Roman spectacles. It offers insight into ancient human-wild animal interactions and the empire's entertainment.
French auto parts maker Forvia to invest 70 m more in India
Global auto supplier Forvia plans to more than double its India revenue by 2030. The company will invest an additional seventy million dollars to expand its operations. This investment will create three new manufacturing plants across the country. Forvia also expects to increase its workforce by fifty percent to over nine thousand employees. Rising demand for SUVs and vehicle electronics drives this significant expansion plan.
Cards continue to fly; credit goes to the big players
The additions were led, once again, by the country's largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past SBI Cards, which added 162,000. ICICI Bank added 151,000 cards, while Federal Bank continued its strong momentum with 101,000 net new additions.
Maruti Suzuki puts SUV focus on the fast track for growth
Maruti Suzuki aims to become India's largest SUV maker. The company is expanding its utility vehicle portfolio and brand positioning. Factories are running at over one hundred percent utilization due to strong demand. Maruti Suzuki targets healthy double-digit growth in the SUV segment this fiscal. The company is evolving its brand beyond fuel efficiency to meet aspirations.
KFC operator Devyani International bets on tech, portfolio boost as demand picks up pace again
Devyani International noted consumer spending recovery in the last fiscal year's final quarter. The company focused on operational efficiency and technology investments during weak demand. Early recovery signs in the fourth quarter boosted average daily sales. Devyani International expanded its restaurant network by adding 217 new outlets globally. The company is diversifying its portfolio beyond traditional brands into homegrown options.
Costs and provisions down, IDFC Bank will continue to bolster earnings: V Vaidyanathan, MD & CEO
Our credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our credit quality in the first quarter, we are targeting 50 bps lesser credit cost, say 1.5% to 1.6%, says V Vaidyanathan, MD & CEO, IDFC Bank.
