The Economic Times

Arkhe in Adelaides Norwood suburb puts live fire at the heart of a modern Australian dining experience. Chef Jake Kellie, formerly of Singapores Burnt Ends, combines flame-kissed vegetables, seafood and fermented elements with standout dishes including scallop toast with caviar, Mayura Station intercostal skewers and a signature dry-aged tomahawk.

Subhash Chandras Essel Group expansion was fuelled partly by borrowing against pledged Zee shares, with personal guarantees adding to the promoters obligations. When the IL&FS crisis tightened liquidity and Zees share price fell, lenders enforced pledges, eroding Chandras stake. The episode offers lessons on promoter leverage, collateral risk and investing.

A new formula redefines wealth for high-net-worth individuals based on view quality. This index prioritizes aesthetic delights over financial earnings for true affluence. A college teacher with a balcony view scores higher than a hedge fund titan. The formula considers window and balcony view scores, and a floor multiplier. Prosperity is measured in daily, everyday delights, not just ownership.

NSE's upcoming listing presents investors with a dual business model. The exchange operates as a profit-generating toll booth and a regulatory referee. Global evidence suggests demutualisation creates conflicts, especially in weaker regulatory environments. Sebi's strength will determine if NSE can effectively police itself post-listing. The price band remains the critical factor for investors to consider.

The 20th century witnessed a perceived eclipse of Gods presence, often attributed to scientific progress and material concerns. Nevertheless, the essence of faith in God has endured, perhaps stronger than ever. Although the ways that people worship and connect with the divine have transformed, the intrinsic desire to encounter God remains.

A lively discussion among Dalit leaders is underway regarding the sub-classification of Dalits and the implementation of a creamy layer principle for reservations. Recent data highlights notable disparities in job quotas among various Dalit sub-castes. In a significant move, the Supreme Court has authorized states to sub-classify Scheduled Castes, aiming to funnel resources to those Dalit communities facing the most challenges.

India is championing the integration of the Unified Payments Interface (UPI) for cross-border digital transactions within BRICS countries. This forward-thinking initiative is designed to cut down the hefty costs associated with traditional international money transfers. Preliminary discussions with nations like Brazil indicate promising potential for adoption. However, technical challenges such as backend system compatibility and data flow management present hurdles that need to be addressed.

A Hindu temple organization has initiated a controversial request to impose gender-specific restrictions on female employees at the Eiffel Tower, igniting widespread outrage. This situation underscores a vital principle: visitors should respect local customs and regulations of the host country. Enforcing ones cultural norms can undermine the values of the nation being visited, emphasizing the need for consistent standards to foster cultural harmony and uphold diversity.

Indias climate risks are increasingly becoming macroeconomic shocks, affecting food prices, infrastructure, power demand, productivity and public finances. Yet the country lacks systems to quantify what is exposed, estimate economic losses and price risk effectively. The op-ed argues for asset-level exposure registers, audited loss data and forward-looking disaster financing.

Data centers now face public scrutiny regarding their resource consumption. These facilities use less water than comparable commercial spaces annually. However, efficient cooling systems can increase electricity usage significantly. Renewable energy and hybrid cooling systems are key to managing this impact. India must balance growth with responsible resource management for future technology.

India's economy grew by 7.8% in the first quarter of fiscal year 2027. This growth was fueled by a consumption spurt and government capital expenditure. Nimble energy diplomacy helped India navigate global energy shocks effectively. Exports also held up well due to diversification efforts by businesses. Stock markets show early signs of hope as foreign investors return.

International crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about global supply disruptions. India, a major oil importer, faces pressure on its trade balance and currency. Fuel retailers may experience margin pressure as crude prices cross USD 100. The disruption affects energy flows and petrochemical feedstocks across Asia.

Economists often use the 'apples and oranges' metaphor to signify impossible comparisons. However, the article argues that many dissimilar items can indeed be compared effectively. GDP comparisons, like fruit, invite analysis based on shared characteristics and metrics. The author suggests economists should embrace broader comparisons beyond their usual economic indicators. Ultimately, the piece advocates for fresher idioms and more imaginative analytical approaches.

India's Q1 FY27 GDP deflator appears low, but national accounts explain this divergence. Double deflation methodology separates output and input price movements accurately. Divergent input and output prices can create negative manufacturing deflators. Net exports and net taxes on products also significantly influenced the headline figure. These refined statistical methods strengthen India's economic data framework.

...After the law firm a team of dentists moved in, and then the house was rented to a travel magazine that folded in less than two years. The house was beautiful and comfortable and in remarkably good condition considering how old it was, but by then no one, or very few people, wanted to settle in that neighbourhood.

When consensus is required among all BRICS members, outcomes tend to settle at the lowest common denominator. These include knowledge exchange, working groups, joint statements. They are useful but don't move the real economy. This happens through businesses. So, the question to ask is: does BRICS help build projects, reduce costs, deepen markets or secure supply chains? If not, it risks becoming a talking shop.

Spiritual growth begins with self-awareness, which most people currently lack. Identifying with worldly things causes stress and unhappiness, leading to suffering. Understanding our true nature as conscious beings is essential for overcoming this crisis. Emotional reactions signal a loss of self in external attachments and beliefs. Raj Yog meditation cultivates awareness of the soul as pure divine light.

Recent building collapses and hospital fires in Delhi underscore regulatory failures. Officials are suspended and investigations follow these tragic incidents. The state's regulatory machinery often acts only after lives are lost. Ensuring safe and compliant construction requires strict adherence to standards. Development ambitions must be matched by effective regulatory capacity and enforcement.

ISRO has outlined its evolving role in response to the commercialization of India's space sector. With private enterprises now contributing to the production of components for ISRO's launch vehicles, the nation is focused on promoting technology transfer and establishing a dynamic commercial space ecosystem. This transition enables private firms to take on significant responsibilities in space exploration, while ISRO remains dedicated to ongoing research and development.

BRICS, with its expanded membership, aims to strengthen multilateralism and global dialogue. The group seeks to convert economic complementarity into resilient and dependable value chains. Sustainability is presented as a crucial development imperative for member nations. BRICS can offer pragmatic, development-centered approaches to global challenges. The grouping can reinforce its role as a bridge between diverse nations and institutions.

Eleven days post the catastrophic floods in Nepal, search teams are tirelessly looking for those still missing. Authorities are confronted with the tough task of identifying casualties, as many bodies are severely affected. Approximately 5,000 people, including several foreign nationals, are still unaccounted for after the ice-rock avalanche. The nation seeks international assistance and advocates for climate justice while striving to restore basic services and repair the widespread damage.

The Beatles' song 'Hey Bulldog' from Yellow Submarine offers a unique musical experience. John Lennon's vocals drive a piano-based groove with philosophical undertones. The lyrics explore themes of identity and perception, while the music provides raw energy. Paul McCartney's bass and George Harrison's guitar create a powerful instrumental foundation. This track combines humor and deep thought, proving philosophy can be energetic.

India's SCO participation signaled opposition to the US-Israel war on Iran. This move aimed to burnish global south credentials and protect economic interests. The Chabahar port bombing highlighted strategic investment risks and strained US relations. India's statement echoed previous condemnations of military strikes on Iran. This diplomatic posture aligns with upcoming BRICS summit objectives and regional dynamics.

Penguin Random House India declined to publish Sonia Gandhi's memoir.HarperCollins India has now acquired the rights to the book.The memoir promises a journey of love, romance, and political intrigue.It details an Italian girl's rise to lead the Indian National Congress.This publishing decision highlights a focus on commercial success.

The United Nations has adopted the Equal Earth projection, correcting centuries of map distortion. This new projection restores proportional accuracy, unlike the Mercator projection's historical inaccuracies. Africa and Latin America regain their true sizes, while Europe appears scaled appropriately. This change aims to counter colonial hierarchies and reshape global perceptions of continents. The UN's move emphasizes the profound impact of representation on dignity and power.

This article highlights the importance of steadfast determination in accomplishing tasks. By setting small, achievable targets, one can make remarkable strides over time. This strategy not only helps maintain a tidy environment but also eases mental clutter. Even partial achievements contribute to a rewarding feeling, lessening future challenges. Thus, steady progress, no matter how slow, holds immense value.

India's ambition for a 100 GW nuclear energy expansion by 2047 hinges on substantial private investments coupled with a well-defined risk-sharing framework. Reliance on public funding alone is unrealistic; private entities must take on the financing and construction of reactors, all while operating under state oversight. Fostering investor confidence will require focused policy initiatives and ensuring eligibility for green bonds.

Headline inflation is rising, driven by food and fuel, while wholesale prices approach ten percent. Core inflation remains stable, and the RBI manages liquidity to counter dollar inflows. The central bank projects inflation for 2026-27 at five percent, within its tolerance band. RBI's policy stance will consider economic growth and the evolving inflation scenario. The RBI aims to minimise growth sacrifice while maintaining price stability.

The ability to persuade effectively is critical for achieving successful interactions in customer service environments. Customers frequently turn to emotional appeals or confrontational tactics when seeking help, often resulting in unproductive dialogues. Finding a harmonious balance between personal agency and authoritative influence is paramount. As AI increasingly replaces human roles in customer service, it prompts a reevaluation of future persuasion dynamics.

In India, politicians play a prominent role in advertisements and public campaigns, often endorsing products and government initiatives. Their visibility surpasses that of celebrities and models, adding a sense of credibility to the products advertised. It's a strategic move where businesses can exchange endorsements for political backing, thereby enhancing their market reach and influence.

The US President's decision to rename geographical sites has ignited a fierce debate about identity and national sovereignty. This act resonates with deeply rooted cultural and historical beliefs concerning the importance of names. Critics argue that such renaming could erode international relations and national borders. The article examines the powerful influence of nomenclature within different cultures, illustrating how names can shape global perspectives and power balances.

Human creativity stems from play, not serious endeavors. Innovators are players, like children with advanced tools. Frivolous and serious play combine to create breakthroughs. This blend enriches life and generates profit. Many deny playing, preferring terms like research or disruption.

Indian insurance regulators are rethinking intermediary payment structures to reduce misselling. Proposed reforms aim to lower distribution costs and improve policyholder value. However, these changes could negatively impact individual agents who reach uninsured populations. Banks, which also engage in misselling, may be less affected by the reforms. Sharper tools like clearer disclosures and product simplification are suggested instead.

AI can process data efficiently, but human teachers offer essential personal understanding. Ancient Asian guru-shishya traditions highlight life skills and exemplary living. John Searle's thought experiment shows machines lack true comprehension of meaning. Michael Polanyi noted trust and social context in scientific knowledge traditions. Ultimately, people are needed to lead and guide other people effectively.

As India confronts a rising tide of obesity and associated health conditions, the clarity of front-of-pack labelling is becoming crucial. Labels need to be simple and user-friendly to guide informed consumer choices. While industry feedback plays a role, it should never overshadow consumer rights.

As India's energy needs escalate due to growth and climate challenges, the focus on efficiency emerges as a key strategy for sustainable abundance and enhanced national security. Implementing rigorous efficiency standards can help mitigate peak demand, leading to cost savings for consumers. Positioning efficiency as a foundational pillar will foster a robust, accessible, and affordable energy landscape, paving the way for a resilient future in energy.

NHAI mandates AI-based machine control for highway construction projects. This technology uses sensors and real-time data for precise road building. Better engineered roads can improve safety and reduce accident fatalities. Poor road conditions cost India billions annually in delays and fuel. Embracing technology should extend to all city and neighborhood streets.

Reliance Consumer Products will launch its own ice cream brand, Bombay Creamery. This move marks Ambani's entry into a market dominated by a dairy cooperative. Diversification offers risk reduction and capital allocation benefits for large conglomerates. However, managing multiple businesses can spread resources and impact focus. India's emerging economy presents growth opportunities across various consumer sectors.

India will provide forensic DNA profiling support to help identify mortal remains of Nepal flood victims, the MEA said. First-degree relatives of missing persons residing in India can submit samples at designated central, state and accredited laboratories. DNA profiles will be shared with Nepal authorities for comparison with unidentified remains.

A Delhi court has taken cognisance of the NIA's extensive chargesheet. This chargesheet details the Red Fort blast which killed eleven people last year. Thirteen accused individuals are now facing charges in connection with the incident. The NIA linked the accused to Ansar Ghazwat-ul-Hind, an Al-Qaeda offshoot. Further proceedings in this significant case are scheduled for September ninth.

Six months after its start, the US war with Iran shows no clear end in sight. Original objectives have shifted, and some key goals remain unfulfilled. The Strait of Hormuz, a vital shipping lane, has been largely closed since the war began. While US forces achieved tactical successes, Iran's nuclear program and proxy groups are still concerns.

A special NIA court in Jammu ordered jail authorities to avoid unnecessary handcuffing of Shabir Ahmad Shah. The separatist leader cited advanced age and multiple health ailments causing him pain. Shah was arrested by the NIA in connection with a three-decade-old terror case. He had recently been released on bail after nearly seven years in other cases.

Union Home Minister Amit Shah will attend a two-day conference on national security. More than 850 officers from security forces will participate in this event. The ninth National Security Strategy Conference will combine physical and virtual modes. Officers will deliberate on contemporary matters and challenges facing national security. This important meeting begins on Monday and will address key issues.

A special NIA court in Jammu issued a non-bailable warrant for Mohammad Yaqoob. He is an operational commander for Pakistan-based Lashkar-e-Taiba. Yaqoob is a designated terrorist involved in terror activities in Kashmir. He coordinated financial and logistical support for other LeT cadres. The warrant is in connection with an ongoing investigation into a terror network.

As the deadline for a resolution on the US-Iran nuclear deal has passed without any advancements, both countries remain firmly entrenched in their positions related to the Strait of Hormuz. Following the collapse of the interim agreement, tensions have de-escalated, yet Iran demands the lifting of blockades and reparative actions, whereas the US persists with its economic pressure.

Prime Minister Narendra Modi remembered former prime minister Atal Bihari Vajpayee. He called Vajpayee an extraordinary statesman with remarkable vision. Vajpayee dedicated his life to the service of the nation. His words and leadership inspired generations and strengthened the country. Focus on good governance and public welfare will continue to guide us.

Prime Minister Narendra Modi lauded President Droupadi Murmu's Independence Day address. Her inspiring words encouraged renewed determination for a developed India. The President highlighted comprehensive reforms for public examinations. She emphasized transparency and security in the examination system. Joint efforts are needed to safeguard students' present and future.

Ukraine has intensified long-range drone and missile strikes deep inside Russia, targeting oil infrastructure, defence facilities and air defences as Kyiv seeks to shift the wars dynamics. The campaign has strengthened Zelenskyys standing with Trump but faces limits, including Russian counterattacks, air-defence shortages, costly operations and uncertainty over Putins willingness to negotiate.

A Syrian court sentenced ousted President Bashar Assad and two relatives to death. Atef Najib, convicted of overseeing a crackdown, received the death sentence. Bashar and Maher Assad fled to Russia after the government's fall. Najib was detained and faced trial for his role in the uprising. Victims welcomed the verdict, seeking justice for past suffering.

Prime Minister Narendra Modi urged citizens to celebrate Independence Day with pride and glory. He encouraged everyone to take a pledge for a developed India and hoist the tricolour. NDA MPs and Union ministers greeted him with national flags and patriotic slogans. The parliamentary party meeting also included a presentation on water resource management.