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How to verify and reconcile stock market transactions in AIS before filing your ITR
Annual Information Statement (AIS) stock market transaction reconciliation helps taxpayers ensure accurate ITR filing by matching broker records with AIS data. It improves capital gains accuracy, prevents errors and supports compliant income tax reporting for investors in equity markets.
Forget grand gestures; freeing up time from chores can significantly boost relationship happiness, research suggests. A Harvard study found couples who spent money on services like cleaning or meal delivery reported greater satisfaction, especially when stressed. This uying time approach reduces conflict over household duties, allowing more quality time together and enhancing overall well-being, even across different income levels.
Adar Poonawalla Family Office invests Rs 700 crore in Inox Clean
Adar Poonawalla's family office has injected Rs 700 crore into Inox Clean Energy, This significant investment bolsters Inox Clean's integrated platform, which now includes solar manufacturing and independent power production, following a series of strategic acquisitions. The capital infusion aims to fuel further expansion, including new projects and manufacturing capacity, reinforcing its position in the clean energy sector.
India is poised for a significant electric vehicle surge, with an estimated 35 lakh petrol vehicles to be replaced by EVs between 2027-2030. This shift could slash crude oil import bills by Rs 1 lakh crore if EVs capture 20% of the market by 2030. The West Asia conflict has notably accelerated EV adoption, pushing registrations up. Expanding charging infrastructure, especially fast chargers, is crucial for this green mobility transition.
Bollywood star Suniel Shetty once shared his father, Veerapan Shetty's, inspiring journey from a nine-year-old runaway in Mumbai to a successful businessman. Starting with humble beginnings cleaning restaurant tables, Veerapan's dedication led him to eventually own the very buildings where he once worked. Read on to know more about his journey.
A new report warns that extending GST to subscription-based ride-hailing platforms like Rapido could significantly impact drivers and passengers. The study suggests this move might lower driver earnings, discourage participation, and reduce passenger demand. Drivers prefer predictable costs and greater control, while passengers are price-sensitive. The report advocates for a clearer GST framework to avoid regulatory uncertainty and maintain fair competition.
Gold faces key test from geopolitics and rates after a turbulent first half: World Gold Council
Gold experienced a dramatic swing this year, hitting record highs before a sharp decline, yet remains a strong performer. Geopolitical tensions, particularly the US-Iran conflict, fueled early gains. Looking ahead, interest rates and global economic shifts will dictate gold's path. The World Gold Council anticipates gold trading near $4,100/oz if current economic forecasts hold, but significant geopolitical or economic downturns could drive prices higher.
EPFO extends outage for the third time, here's when PF services will resume
EPFO has extended its ongoing system migration for the third time, delaying the restoration of online member and employer services until July 3. The prolonged outage continues to affect PF claim filing, passbook downloads, UAN login and other digital services.
Cops take Siya to Pune site where Ketan's 'murder plot' was rehearsed
Pune police have taken Siya Goyal to Lohagad Fort, where she rehearsed pushing her fianc, realtor Ketan Agarwal, off a cliff. Goyal and her alleged lover, Chetan Chaudhary, are accused of the murder, which occurred on June 18. Investigators recovered clothes Goyal reportedly wore that day. The couple allegedly eliminated Agarwal due to his perceived obstruction of their relationship. Both accused are in police custody.
EPFO's new social security rules tighten claim timelines, mandate digital compliance
New social security schemes under the Code on Social Security are now in effect, prioritizing digital compliance and faster claim settlements for provident fund, pension, and insurance. EPFO officials face a 12% annual penal interest for delays exceeding 20 days without valid reasons. Contribution structures remain unchanged, with a focus on enhancing online access for members and extending digital requirements to exempted establishments.
Entrepreneur Ankur Warikoo sparked a debate by highlighting a 26-year-old's financial dilemma: a low-return fixed deposit advised by his father versus high-risk futures and options trading influenced by friends. This situation underscores a generational clash in defining financial independence, leaving many young investors caught between traditional advice and speculative trends without proper understanding.
Supreme Court dismisses plea against Manipur HC order extending panchayat polls deadline
The Supreme Court has declined to intervene in the Manipur High Court's decision to extend panchayat election deadlines to October 16. Appearing for the state, Solicitor General Tushar Mehta emphasized the government's obligation to comply with the high court's directives. The apex court found no grounds to challenge the high court's order, which acknowledged the state's challenging law and order situation.
Suzuki Motorcycle India posts 21% sales growth in June at 1,15,030 units
Suzuki Motorcycle India reported a robust 21% year-on-year surge in total vehicle sales for June, reaching 1,15,030 units. Domestic sales climbed 23% to 91,264 units, while exports also saw a healthy 12% increase, totaling 23,766 units. This strong performance highlights sustained market momentum driven by significant customer demand, according to Deepak Mutreja, Vice President for Sales and Marketing.
NEET UG Result 2026 Date: NTA announces expected result date, says MBBS admission won't be delayed
Neet Result 2026 Date: Students awaiting re-NEET UG 2026 results can expect them by July 20, according to the NTA. The agency is prioritizing the evaluation of thousands of objections to the provisional answer key. Despite the exam's re-conduct, medical admissions and the MBBS academic session are expected to proceed on schedule, with counselling details to follow soon.
Monsoon reaches Delhi five days late, eyes last frontier Rajasthan
The monsoon will need to look back on its shoulders towards its rear for a couple of typhoons brewing in the Pacific for potential impact on incoming flows
Hyderabad flyers may soon have to pay airport fees for arrivals too
Hyderabad airport is proposing a shift in passenger charges, reducing fees for departing flyers and introducing a new charge for arrivals. This aims to ease the burden on departing passengers and align with other major airports. The airport operator plans significant investments in expansion, including a new terminal and runway, to accommodate projected traffic growth.
Returning from the UK? What to know before transferring your pension
Thousands of Indian professionals returning from the UK often leave their pension untouched, facing risks due to misunderstandings of HMRC rules and product choices. Ignoring this vital asset incurs inflation and regulatory costs. Currently, a strong pound, cooler Indian equity markets, and favourable annuity rates present a unique opportunity for beneficial transfers. However, a successful transfer demands a robust retirement plan post-arrival in India.
Top 5 mutual funds in India by AUM: Returns comparison over 1, 3 and 5 years
The countrys biggest mutual fund scheme by assets under management (AUM), Parag Parikh Flexi Cap Fund, manages over 1.41 lakh crore in assets. It is followed by HDFC Balanced Advantage Fund, which is the second-biggest scheme by AUM.
Govt lines up PSU stake sales to cushion budget hit from oil
India is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., to boost public finances. Hindustan Zinc and several banks are also slated for stake sales. Officials are actively engaging with investment bankers to gauge market appetite and finalize offerings, aiming to raise significant funds to support the government's fiscal goals.
India PMI seen steady at 57-59 in FY27 amid mixed manufacturing outlook: Report
The report noted a cautiously optimistic outlook for Indias PMI, with a resilient services sector bolstering consumption and job creation
IISR marks 51st foundation day, signs spice technology licensing agreements
Thiruvananthapuram State Kudumbashree Mission gets licenses for several improved spice varieties
Sebis pump-and-dump crackdown: 5 ways to protect yourself from stock market scams
To avoid stock scams, verify information, consult certified advisors, and focus on disciplined investing. Beware of unsolicited tips, unusual price movements, and FOMO tactics. A diversified portfolio can protect against manipulation. SEBI's crackdown highlights the need for investor vigilance.
UN asks Pakistan to reverse 'reconstructions' at Taxila sites
UNESCO has warned Pakistan to reverse econstruction work at Taxila's historical sites, Mohra Moradu and Sirkap, or risk being placed on the UN agency's danger list. Concerns were raised about interventions undermining the sites' integrity, with new masonry replacing ancient walls and heights being altered. Pakistan's archaeology department insists the work is conservation, not reconstruction, aimed at stabilization and preservation.
Japan an important part of India's Act East Policy: Commerce Minister Piyush Goyal
Commerce Minister Piyush Goyal emphasized Japan's crucial role in India's Act East Policy, highlighting joint efforts for a free and open Indo-Pacific alongside the US. India is actively addressing trade regulations with Japan to boost exports during Prime Minister Sanae Takaichi's visit, which focuses on enhancing trade, investment, and strategic ties. This collaboration builds on Japan's prior commitment to invest billions in India.
PM Modi, Japan PM Sanae Takaichi to jointly inaugurate Maruti Suzuki's 4th plant at Kharkhoda
Prime Minister Narendra Modi and his Japanese counterpart will inaugurate Maruti Suzuki's expansive new manufacturing facility in Kharkhoda, Haryana today. This state-of-the-art plant, a significant step in the 'Make in India' initiative, boasts advanced technology, a focus on sustainability with 100% renewable energy and water recycling, and aims to boost annual production significantly, creating thousands of jobs.
No doubt Pakistan involved in Pahalgam: Ex-R&AW Chief backs talks despite terror link
NFL star Travis Kelce revealed his strategy for staying grounded amidst immense fame and success, emphasizing the importance of his support system and living in the present. Meanwhile, whispers of his upcoming wedding to Taylor Swift are intensifying, with reports detailing a lavish, private black-tie affair at Madison Square Garden. The exclusive event is rumoured to feature a strict no-phone policy and a star-studded guest list.
The Jammu and Kashmir Bank hits Rs 3 lakh crore business mark on 16% deposit growth
Jammu and Kashmir Bank has crossed the Rs 3 trillion mark in total business during the first quarter of the current fiscal. This growth, exceeding 20% year-on-year, was fueled by a increase in both deposits and gross advances.
Trump turns 'doctor' in self-promoted AI-generated clip
US President Donald Trump has shared an AI-generated video on Truth Social, depicting himself as a doctor offering a 'treatment plan' for TDS. The clip features fictional patients crediting his advice for their recovery. The video concludes with Trump recommending avoiding 'fake news,' praying, and enjoying a Diet Coke for a remarkable life improvement.
A coastal city in the south is quietly powering India's AI future
Visakhapatnam is emerging as India's next AI infrastructure hub, attracting massive investments from tech giants like Google and Reliance. The city's strategic coastal location, coupled with potential for clean energy and robust industrial capabilities, makes it ideal for data centers and subsea cables, according to experts. This development, analysts say, promises to boost India's digital resilience and AI capabilities, positioning the nation for significant growth in the global tech landscape.
TVS Motor June sales jump 47 per cent to 5.9 lakh units
TVS Motor Company witnessed a 47% surge in total sales for June 2026, reaching 590,003 units. This growth was driven by a strong performance in two-wheelers, with domestic sales up 46% and electric two-wheeler sales more than tripling. The company also achieved its highest-ever quarterly sales in the June quarter, underscoring a robust financial period.
You dont need to be rich to start investing: CA shares the mindset to become rich
Chartered Accountant Nitin Kaushik debunks the myth that wealth is a prerequisite for investing. He argues that financial growth begins with small, consistent actions, not a large bank balance. Starting early, even with modest amounts like Rs 1,000 monthly, builds crucial habits, learning, and confidence. Delaying investment means forfeiting valuable time, the most potent growth factor in the market.
Sri Lanka upgraded to upper-middle income economy by World Bank
Reclassification comes just three years after Sri Lanka faced its worst economic crisis
Energy drinks vs sports drinks: Top neurologist explains the key difference youre missing
Hyderabad neurologist Dr. Sudhir Kumar clarifies that energy drinks primarily offer caffeine and sugar, not true energy for workouts. He emphasizes they are distinct from sports drinks, which replenish fluids and electrolytes. For most, water suffices, with fruits like bananas being better fuel. Excessive consumption poses risks like weight gain and heart issues, with children and pregnant women advised to avoid them.
New vs old tax regime: How much tax do you pay on a 25 lakh salary?
Choosing the right tax regime can significantly reduce your tax outgo. Here's a comparison of the tax liability on a 25 lakh annual salary under both the new and old tax regimes, and when each one makes sense.
IRCTC launches Bharat Gaurav trains for Ayodhya-Kashi and Divya Dakshin pilgrimage tours
Mehbooba Mufti, president of the Peoples Democratic Party, is set to visit Iran to pay her respects at the funeral of Supreme Leader Ayatollah Ali Khamenei, following an invitation from his office. This invitation underscores the long-standing and strategic relationship between Iran and India. Mufti regards this as a significant honor and views it as a unique opportunity to participate in the solemn state funeral ceremonies in Tehran.
Apple is gearing up for its September launch, with reports suggesting the debut of the highly anticipated iPhone Ultra, its first foldable device. Alongside the iPhone 18 Pro and Pro Max, the Ultra is expected to command a premium price, potentially exceeding Rs 2 lakh in India. Details also hint at a powerful A20 chip and advanced camera features for these new models.
Taylor Swift and Travis Kelce are reportedly set to get married on July 3 in New York City, although the couple has not confirmed the news. Rumours surrounding a celebration at Madison Square Garden have gained attention after road closures and nearby hotel bookings. Reports also suggest that Stevie Nicks and Tim McGraw could perform at the event. Read on to know more about the wedding.
Japan-India Annual Summit: 150+ firms back $12.5 billion leap to fortify security ties
He added a report by the Japanese newspaper The Yomiuri Shimbun, which noted that these initiatives, valued at approximately 2 trillion yen on the Japanese side, aim to deepen their footprint in India's expanding market.
Bajaj Auto total sales increase 28% in June
Bajaj Auto has reported a robust 28% year-on-year jump in total sales for June, reaching 4,63,202 units. This impressive growth was fueled by a significant 47% surge in exports, alongside a healthy 11% increase in domestic sales. The company's two-wheeler segment also saw a strong 30% rise. For the June quarter, overall sales climbed 29%, with exports nearly doubling.
Iran's unsold oil piles up at sea as buyers stay wary
Iran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening its negotiating position. Weak demand from China, its primary buyer, and lingering sanctions concerns are major hurdles. While some oil has been discharged in China, India remains cautious, awaiting payment clarity and a full sanctions lift. Attractive pricing could still revive Asian interest.
At UN, India says 'a terrorist is a terrorist', rejects any justification for terror
India has strongly urged the global community to unite against terrorism, emphasizing that a terrorist is a terrorist and no grievance can justify such acts. Speaking at the UN, Ambassador Harish Parvathaneni called for an end to double standards and accountability for those involved in terror.
Amarnath Yatra 2026 begins: Over 4,800 pilgrims in 259 vehicles set off in first batch
Jammu and Kashmir Lieutenant Governor Manoj Sinha flagged off the inaugural batch of over 4800 pilgrims for the Shri Amarnath Ji Yatra from Jammu. The 57-day pilgrimage, commencing July 3rd from Pahalgam and Baltal routes, will conclude on August 28th. Extensive arrangements have been made for devotees undertaking this sacred journey to witness the naturally formed ice Shivling.
New York City is abuzz with speculation about a potential Taylor Swift and Travis Kelce wedding, possibly at Madison Square Garden. Mayor Zohran Mamdani's playful hypothetical remark during a heatwave warning has fueled rumors. Reports suggest a massive guest list, including celebrities and Kansas City Chiefs players, with strict confidentiality measures. Officials confirm a permit for a large event at MSG, adding to the mounting excitement.
India's lending boom might no longer be largely bank-led
India's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans for expansion and acquisitions. Banks, wary of complex financing, are leaving a gap that private lenders are filling with flexible, albeit costlier, solutions. While growth is strong, regulators are urging caution due to emerging risks like rising defaults and market opacity.
Gold and silver prices today, 2 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.
Kangana Ranaut has recently schooled Lock Upp 2 contestant and actor Ram Kapoor on his attitude, urging him to stop justifying his actions if he seeks personal growth. This follows earlier criticism from Farah Khan regarding Ram's subdued performance. Ram's controversial remarks defending infidelity in marriage had previously sparked widespread backlash online. Read on to know what the actress said to him.
US nuclear power regulator proposes changing rule protecting people from radiation
The U.S. nuclear regulator is proposing to replace the 'As Low As Reasonably Achievable' (ALARA) radiation protection standard with objective dose limits. Proponents claim this will bring clarity and speed up new reactor development, while critics argue it could allow higher radiation exposure for workers and the public to cut industry costs, potentially increasing cancer risks.
Donald Trump on birthright citizenship ruling: I know they got it wrong, but thats okay
Russian attacks hit Ukraines Zaporizhzhia and Kharkiv; casualties reported by officials
Iran rejects US-led Gulf security summit, says Hormuz is under its command
Iran has sharply criticized a US-led security summit in Bahrain, asserting that the Strait of Hormuz falls under Tehran's command, not American authority. Deputy Foreign Minister Kazem Gharibabadi dismissed the summit's legitimacy, stating that regional security must be managed by neighboring states without foreign military intervention. The meeting, attended by military leaders from twelve nations, aimed to ensure the free flow of commerce through the vital waterway.
Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take part
Parliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The committee will hear from the Reserve Bank of India regarding financial stability and money laundering concerns, followed by discussions with the Institute of Chartered Accountants of India on taxation and accounting. This crucial meeting aims to gather expert insights to shape India's approach to the burgeoning crypto ecosystem.
India aims to recycle 16,000 ships in 10 years with $8-bn financial commitment: Sonowal
India, EU review audit and compliance process for Indian ship recycling yards seeking recognition under EU regulatory framework
7 low-maintenance indoor plants that thrive even if you forget to water them
Bringing greenery indoors is now stress-free, even for beginners. Discover resilient houseplants like the Snake Plant, Pothos, and ZZ Plant that tolerate neglect and varied light. These hardy varieties, including the Spider Plant, Peace Lily, Cast Iron Plant, and Aloe Vera, are perfect for busy lives. Simple tips ensure even the toughest plants thrive, making indoor gardening accessible and rewarding for everyone.
Tamil Nadu CM Vijay opposes Viksit Bharat Guarantee scheme, citing Rs 5,000 crore financial burden
Tamil Nadu Chief Minister C Joseph Vijay has voiced strong opposition to the Centre's Viksit Bharat Guarantee scheme, citing a potential Rs 5,000 crore financial strain and operational hurdles. He urged the Prime Minister to reconsider the fund-sharing pattern and allow states more flexibility in allocating resources, arguing the current centralized approach neglects regional diversity and unpredictable agricultural needs.
Marriage proposal atop Empire State Building ends in arrest for Russian daredevil couple
The new teaser of Yash's upcoming film Toxic, titled Ladies & Ladies, has sparked backlash over its portrayal of the female characters. Many viewers criticised its glamorous presentation; meanwhile, an old video of Yash talking about his boundaries in movie scenes has resurfaced amid the online debate surrounding the film. Read on!
Operation Amistad: India reiterates commitment to stand by earthquake-hit Venezuela
India has reaffirmed its commitment to Venezuela through Operation Amistad, offering support following devastating twin earthquakes. While rescue efforts continue amidst a grim casualty count, with thousands feared dead and a critical shortage of resources like gasoline hindering operations, Indian medical teams are actively engaged in relief work. The nation stands in solidarity during this challenging period.
FIFA World Cup 2026: Who won yesterday? Latest results and Round of 16 qualifiers
FIFA 2026: Mexico ended a 40-year wait for a World Cup knockout win, beating Ecuador 2-0. England narrowly escaped an upset, with Harry Kane's brace securing a 2-1 victory over DR Congo. Belgium staged a dramatic comeback, overcoming a two-goal deficit to defeat Senegal 3-2 after extra time. The United States comfortably advanced, defeating Bosnia and Herzegovina 2-0.
'War benefits no one': 117 prominent citizens from India and Pakistan urge PMs to resume dialogue
A coalition of 117 prominent citizens from India and Pakistan has penned an open letter to their respective Prime Ministers, urging an immediate restoration of peace, normalcy, and bilateral communication. The group, comprising social activists and intellectuals, aims to break the diplomatic deadlock by fostering dialogue and resuming trade.
Delhi EV Policy 2026: CM Rekha Gupta announces electric vehicle benefits from July 1
Gen Z employee ignores 20 calls at 2 AM after server crash. Her reply stuns furious boss
A Gen Z systems administrator's bold response to an unexpected unpaid on-call policy has gone viral, sparking debate on workplace expectations. After accepting a $95,000 job with a 40-hour week, she was presented with a 24/7 on-call duty. When a server crashed on her scheduled weekend, she ignored calls, citing her salary covered only 40 hours. She then quit, leaving her employer to manage the fallout.
EPF Scheme 2026: New rules on withdrawal, eligibility and limits explained
EPF Scheme 2026: Here are the new withdrawal rules, eligibility, limits and conditions to help EPF members understand partial withdrawals under the revised framework.
Healthy at 34, but a simple neck-cracking habit led to a stroke: Doctor explains hidden risk
A seemingly harmless habit of forcefully cracking one's neck has been linked to a rare but life-threatening stroke in a healthy 34-year-old man. Dr. Priyam Bordoloi highlighted how repeated neck manipulation can cause cervical artery dissection, leading to blood clots and stroke. Recognizing F.A.S.T. warning signs and seeking immediate medical attention within the 'golden window' is crucial for survival and recovery.
ITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers
The shift from Assessment Year to Tax Year has sparked questions about return filing obligations. A clarification from the Income Tax Department explains why taxpayers won't need to file two ITRs for the same income.
FIFA World Cup 2026: Tielemans' 124:44 strike sets record as Belgium script historic comeback
FIFA World Cup match: Belgium staged a stunning comeback against Senegal, winning 3-2 after extra time thanks to Youri Tielemans' record-breaking 124th-minute penalty. This marked the latest goal ever in World Cup history. Belgium also overcame their latest two-goal deficit in regulation, with Romelu Lukaku and Tielemans scoring late to force extra time. Senegal's Ismaila Sarr had a brace, but their historic campaign ended in heartbreak.
A tragic case in Ontario highlights the deadly risks of bat encounters. An 11-year-old boy died of rabies after a bat landed on his face, despite no visible bite. His initial symptoms were misdiagnosed, delaying crucial treatment. This incident, the first local human rabies case in Ontario since 1967, underscores the critical need for immediate medical attention.
Folarin Balogun netted his third World Cup goal before a red card, but Malik Tillman's late free-kick secured a 2-0 victory for the 10-man United States against Bosnia-Herzegovina. This win propels the Americans into the round of 16, where they will face Belgium in Seattle. The U.S. squad is aiming for a significant run in the expanded tournament on home soil.
Mumbai rains today: Are schools closed? Local trains, flights running? Latest updates
Mumbai, Thane, and Palghar are under a red alert with heavy to very heavy rainfall expected. Severe waterlogging has impacted normal life in Mumbai, leading to school closures in Palghar. Despite the adverse weather, Mumbai's local trains are running as usual on all major suburban routes. Flight operations remain unaffected, though passengers should verify with airlines.
Trying to look rich at 30? CA points out a habit which could keep you middle class for life
Chartered Accountant Nitin Kaushik warns that projecting an image of wealth through expensive purchases in one's twenties and thirties can sabotage long-term financial growth. He highlights that social media pressure to display luxury items diverts crucial seed capital needed for compounding, keeping a generation from achieving true wealth. Kaushik advocates for building an 'unstoppable compounding machine' through disciplined investing rather than chasing an 'illusion of wealth'.
NC Govt has let Kashmir's Rs 4,000 Cr mutton economy crumble: Khurshid Alam
Jammu and Kashmir Peoples Democratic Party (PDP) General Secretary Mohammad Khurshid Alam on Tuesday strongly criticised the National Conference-led government over the ongoing mutton supply crisis, calling it a glaring administrative failure that has disrupted one of Kashmir's largest industries and pushed traders and consumers into distress. Alam said it was deeply unfortunate that the crisis had escalated to the point where meat dealers were forced to appeal to the public to scale down marriage functions due to an acute shortage of mutton, describing it as an unprecedented situation for the Valley, as per a press release. He said the crisis originated from an alleged extortion racket in Punjab, where contractors and individuals at checkpoints have been demanding a 4 percent gunda tax of Rs 15,000 to Rs 25.
Japans $3 Billion backing gives major fillip to Indias Green Hydrogen Mission
Mumbai rain: The financial capital experienced heavy downpours, prompting an orange alert from the IMD. Significant waterlogging was reported across various areas as the city recorded substantial rainfall, with eastern suburbs bearing the brunt. The weather department anticipates continued heavy to very heavy showers, with isolated extremely heavy rainfall expected.
8th Pay Commission: Key lessons from 7th Pay Commission that could influence salaries
The 8th Pay Commission may reshape government salaries by taking key lessons from the 7th Pay Commission.
This week, Malayalam OTT platforms are buzzing with new releases catering to every taste. Dive into the psychological dark comedy Mollywood Times or get spooked by the horror mystery Muthassi; this week has something for everyone. With diverse genres available on JioHotstar, ZEE5, Netflix, and Prime Video, your weekend binge-watch is sorted. Read on!
India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growth
India's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term reduction. He highlighted the success of the current inflation-targeting framework in lowering average inflation. Despite expectations of a rise, inflation remains below the central bank's 4% target, and the economy is projected for continued robust growth.
US Seahawk helicopter makes emergency sea landing; one service member missing
A U.S. Navy MH-60S Seahawk helicopter experienced an emergency landing in the Arabian Sea, leaving one service member missing and three injured. The aircraft was deployed from the USS George H.W. Bush. Authorities are conducting a search for the missing crew member, and the incident is under investigation. There is no indication of hostile action contributing to the crash.
Greek proverb of the day: A Greek saying highlights that true wealth lies not in gold, but in good judgment and learning. The proverb emphasizes that thoughtful decision-making, experience, and continuous personal growth offer more lasting benefits and security than material possessions alone, guiding individuals through life's challenges and opportunities.
Russian drone, missile attack on Kyiv injures five, hits residential buildings
Kyiv faced a brutal overnight assault with drones and missiles, striking residential buildings and igniting a hotel on a prominent boulevard. Five individuals sustained injuries in one central district following a ballistic missile attack. Residents sought refuge underground as explosions rocked the capital. President Zelenskyy had anticipated the strike, cutting short his visit to Dublin.
US-Iran talks end without breakthrough as Tehran's nuclear prowess stays off the table
Indirect talks between Iran and the US concluded without significant progress on lasting peace, focusing instead on resolved issues like maritime traffic in the Strait of Hormuz and unfreezing funds. While President Trump expressed optimism about nuclear program discussions, sources indicated this topic wasn't addressed. The next meeting is scheduled post-funeral for Iran's Supreme Leader.
Trump administration declines to renew North American trade deal, starts 10-year wind-down clock
The United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufacturing and reduce trade deficits. Negotiations with Mexico and Canada are ongoing, focusing on automotive rules of origin. While Mexico seeks resolution, disagreements persist. The deal's future remains uncertain, impacting North American trade and industries.
Generics must not be imperiled over data protection: Satish Reddy, Chairman, Dr Reddy's Laboratories
Dr Reddy's chairman, Satish Reddy, has raised concerns about compromising India's competitive edge in generics for foreign investments. He stresses the importance of aligning capital with developmental needs and enhancing collaboration between academia and industry. Advocating for a national mission akin to China's, he highlights the necessity of structured government procurement to stimulate drug innovation and underscores AI's transformative role in drug discovery, contingent on adaptive regulatory systems.
When should young investors pivot from aggressive bets to capital preservation for retirement?
During the accumulation stage, investors will have access to regular income and a long investment horizon, allowing them to take advantage of the potential for growth in assets such as equities.
Insolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as financials come under pressure.
Growth engine revving as GST, auto sales rise despite global roadblocks
India's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and power consumption rose 11.6%. Despite a dip in manufacturing PMI, strong import revenues and UPI transactions highlight economic resilience. Experts anticipate continued momentum, with potential for monthly GST collections to reach Rs 2 lakh crore.
Adani, IHC plan to forge $11.5 billion aluminium unit
Adani Group and Abu Dhabi's International Holding Company are set to invest a massive $11.5 billion in a new Odisha aluminium plant. This ambitious project, aiming for over 2 million tonnes annual capacity, could significantly boost India's aluminium production by nearly 50%.
US stock market today July 1: US markets experienced a mixed trading day as the Dow Jones briefly hit a new intraday record before retreating. Profit-taking in semiconductor stocks led to a decline in the Nasdaq. This comes after a strong first half for US equities, with investors continuing a 'Great Rotation' from tech into traditional Dow companies.
Sylvia Plath quote today: Sylvia Plath's words highlight that freedom's true value lies not in its mere existence, but in our capacity to wield it wisely. She emphasized that purpose, understanding, and responsible action are crucial for freedom to be meaningful and lead to fulfillment.
