The Economic Times

The Enforcement Directorate attached assets worth Rs 1,906 crore belonging to Gameskraft. This action was taken due to allegations of operating an addictive online gaming environment. The company allegedly encouraged repeated wagering and generated significant proceeds of crime. These funds were then layered and integrated through dividends and share buy-backs. The total attachment in this case now stands at Rs 2,401 crore.

Billionaire Lakshmi Mittal's acquisition of IPL franchise Rajasthan Royals has triggered a London lawsuit after minority shareholders alleged they are being forced to surrender shares worth about $50 million for just 1. The shareholders deny misconduct allegations by Emerging Media Ventures and seek to block the transfer of their stake pending the sale.

Jurgen Klopp will coach Germany's national soccer team through the 2030 World Cup. He replaces Julian Nagelsmann after the team's recent World Cup failures. Klopp returns to coaching after a break, feeling recharged for this new challenge. He previously managed Liverpool, known for his exciting style of play. His first games will be challenging Nations League matches in September and October.

The Supreme Court will hear petitions concerning police actions against students protesting the NEET-UG paper leak. These pleas allege police excesses during demonstrations demanding accountability for examination irregularities. A protest march in Delhi on July 20 turned violent after clashes with security personnel. Students are demanding the resignation of Union Education Minister Dharmendra Pradhan.

Euro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders and stronger manufacturing and services output, an S&P Global survey showed. While the recovery suggests the bloc may regain momentum after a weak first quarter, economists cautioned that persistent inflation and renewed geopolitical tensions in the Middle East continue to pose risks to the outlook.

Explosions sounded near a U.S. base in Iraq and sirens rang out in Bahrain on Friday. The U.S. military conducted its thirteenth night of strikes against Iran in recent weeks. Iran has attacked ships in the Strait of Hormuz and targeted U.S. assets and allies. Houthi rebels also targeted Saudi tankers in the Red Sea, increasing shipping risks.

The Centre requested time until Saturday afternoon to respond to resignation demands. Leaders of the Cockroach Janata Party met with government officials on Friday. They discussed compensation for families and withdrawal of cases against students. The government expressed in-principle approval for these two key demands. The agitation will continue until a formal response is received by the party.

Protests over paper leaks at Jantar Mantar have entered their seventh week. Senior citizens are now supporting the student-led agitation for examination reforms. Many older individuals have traveled long distances to join the ongoing demonstrations. They express concern for the future of the country's youth. This inter-generational movement highlights a shared commitment to educational integrity.

The Union Cabinet has approved a bill proposing stricter punishments for examination paper leaks, with the legislation likely to be introduced in Parliament next week. The move follows Prime Minister Narendra Modi's announcement that the government would strengthen laws against exam fraud and is expected to include provisions for faster prosecution through mechanisms such as fast-track courts.

India's exports face minimal impact from new United States tariffs, according to FIEO. The nation is placed in the lower ten percent tariff category by the US. However, the textile sector requires close monitoring for future tariff-rate quotas. Products already under Section 232 tariffs will not be affected by this announcement. India has provided proof of no forced labour imports into the country.

The Eiffel Tower was initially intended for demolition after twenty years. Its creators faced significant opposition from artists and writers. Gustave Eiffel transformed the tower into a scientific laboratory and radio antenna. This strategic military and scientific asset secured its permanent future. Radio technology ultimately saved the iconic Parisian landmark from destruction.

A unique black rose from Halfeti, Turkey, draws tourists and scientists. This bloom appears coal-black as a bud and turns deep red as it opens. Its distinctive color comes purely from the local soil and climate conditions. Scientists are now working to conserve this rare flower and its unique properties. Efforts are underway to create new varieties that retain the near-black hue longer.

Veteran hockey player Manpreet Singh desires a World Cup medal. He aims to achieve this before retiring after the 2028 Los Angeles Olympics. India's last World Cup medal was in 1975, a jinx he hopes to break.

Leaving a rented home before the lock-in period ends can put your security deposit at risk, depending on what your rent agreement says. Indian contract law gives landlords the right to claim compensation for losses caused by early termination, but tenants have rights too. Here is what you need to know.

Honda Motorcycle & Scooter India unveiled a ten-model portfolio on Friday. This lineup includes seven new models and three refreshed variants. The company aims to meet evolving consumer preferences in the domestic market. These localized models enhance engineering and manufacturing capabilities in India. The new portfolio spans cruisers, adventure tourers, and electric mobility segments.

An IT professional earning 2 lakh monthly shared his financial struggles on Reddit. He is overwhelmed by debt and mounting expenses after recent life events. Marriage and family commitments significantly impacted his financial stability. His wife's job loss further increased the pressure on his single income. Reddit users offered advice on increasing income and building emergency savings.

Global markets face a pivotal week as the Federal Reserve, Bank of Japan and Bank of England meet against the backdrop of the Middle East conflict, oil prices above $100 and fresh US tariffs. Investors will also track Big Tech earnings, inflation data and central bank signals for clues on interest rates.

The Supreme Court will monitor government steps to prevent NEET exam paper leaks. It urged the Centre to ensure transparency and implement committee recommendations. The government assured the court it is taking extensive measures for exam integrity. Students' futures are a priority as the court seeks institutional reforms. This ensures a more robust examination process moving forward.

After Delhi University, JNU has advised students and faculty to stay away from Jantar Mantar protests over the NEET-UG paper leak, citing safety concerns and Supreme Court directions. JNU also cautioned against irresponsible social media activity, warning that violations could invite legal consequences and disciplinary action under the universitys code of conduct.

The Sports Ministry has provisionally recognized the Federation of Motor Sports Clubs of India. This significant upgrade allows FMSCI to receive financial grants from the government. The body is now coordinating efforts to bring Formula 1 back to the country. A task force will assess challenges and benefits for hosting major motorsport events. India aims to host a Formula 1 race by the year 2028.

Foreign capital is flowing into Wall Street due to the AI revolution. This influx is increasing scrutiny on America's persistent external deficit. Overseas investors are now the primary source for financing the US current account deficit. This shift from official to private capital makes the US foreign liabilities more concerning. The widening imbalance and its financing methods present a potential future challenge.

Glasgow's Commonwealth Games medals now include braille and tactile elements for accessibility. This inclusive design reflects the event's expanded Para sports program. The medals are shaped as a Reuleaux triangle, inspired by the city's coat of arms. Patterns on the surface draw from the Finnieston Crane and Scottish tartan.

Starting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system designed to simplify the financial product engagement process. Asset managers are expected to come onboard later this year with the Central Know-Your-Customer 2.0 framework, where customers only need to authorize data access, fostering greater engagement with financial offerings throughout the country.

Viswanathan Anand has become the interim president of the world chess body FIDE. This change occurred after Arkady Dvorkovich stepped aside due to European Union sanctions. Dvorkovich is challenging the EU's decision, which could freeze his accounts and impose travel bans. He voluntarily suspended his duties to ensure FIDE's stable functioning during this period. Anand, the Deputy President, will serve as interim president while sanctions remain in place.

Delhi University colleges are advising students to avoid disruptive activities and focus on studies. Aditi Mahavidyalaya and Shyam Lal College have backed Union Education Minister Dharmendra Pradhan. Protesters led by the Cockroach Janta Party (CJP) demand accountability for the NEET paper leak. The CJP has called for nationwide peaceful protests on Friday. Teachers' groups question institutions taking public positions on political issues.

Neetu Yadav and Kirti Jangra, two IIT Delhi civil engineering graduates, founded Animall in 2019 to bring India's unorganised cattle market online. What started as a weekend project now connects over a million dairy farmers and has grown into a startup valued at Rs 565 crore, in a sector that technology largely ignored for decades.

Volkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costly tariffs and competition. Second-quarter results showed a significant profit slump, prompting a restructuring plan. This plan includes a proposed reduction of approximately 100,000 jobs across the group. The German auto giant aims to improve its cost competitiveness in challenging markets.

India seeks to extend their winning momentum in the second T20I match. Young Vaibhav Sooryavanshi's quick fifty set up their opening series victory. Mayank Yadav's strong bowling performance also contributed significantly to the win. Zimbabwe lost too many wickets during their powerplay overs. The teams will face off again on Saturday in Harare.

Nestle is lobbying US authorities to allow food labels to use common ingredient names, such as vitamin C instead of ascorbic acid, arguing technical terms discourage consumers from buying safe products. The push comes as the Trump administration reviews food-labelling rules under its Make America Healthy Again initiative.

Vaibhav Sooryavanshi scored a quick fifty in India's T20 victory over Zimbabwe. He expressed happiness with his performance and the venue's atmosphere. Mayank Yadav returned effectively from a lengthy injury layoff. The fast bowler secured two crucial wickets in his spell. India leads the three-match series after this opening win.

Mayank Yadav returned to international cricket with a wicket on his first ball. He bowled impressively at 149 kph after two years of injuries and rehabilitation. His father, Prabhu Yadav, was unaware of his son's success during a pilgrimage. Mayank's comeback proves his resilience and talent after multiple setbacks.

The West Bengal government plans to set up 10 container homes in Sandakphu and 100 boutique-style tourist information centres across North Bengal. The facilities will offer accommodation, cafes, local cuisine, handicrafts and tourist services, while involving self-help groups to generate employment, improve infrastructure and boost tourism and revenue.

India and three other nations have secured direct entry into the 2026 Asian Games cricket knockout stage. Afghanistan, Japan, and Nepal will compete in preliminary rounds for remaining spots. The draws for both men's and women's tournaments were announced on Thursday. The women's competition begins with quarter-final fixtures from September 17. Men's matches will run from September 24 to October 1 in Nagoya.

Sonam Wangchuk ended his hunger strike after 26 days following government assurances. The Centre promised no legal action against peaceful NEET protesters. A delegation will meet ministers regarding the exam leak controversy. Prime Minister Modi pledged stricter actions against future paper leaks. The Cockroach Janta Party continues its protest for the minister's resignation.

Assam's flood situation remains critical with 47 deaths and over 7.21 lakh people affected. Many rivers continue to rise due to incessant rains, impacting eleven districts severely. The Chief Minister will review the deteriorating situation with district officials today. Around 40 people are still missing, and the death toll is expected to increase. A central government team will visit the state on July 25 to assess damage.

According to the Cockroach Janta Party, their leaders are at risk of arrest tonight. The group intends to persist with their demonstration at Jantar Mantar until the minister resigns. Their founder has encouraged supporters to spread the movement throughout the country. Meanwhile, they are having talks with high-ranking Bharatiya Janata Party members. The party celebrated the end of Sonam Wangchuk's hunger strike.

Bahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers, potentially widening the conflict. International oil prices surged past one hundred dollars a barrel due to these disruptions. The Houthis also threatened to shut down the Bab el-Mandeb Strait trade route.

UK PM Andy Burnham's setting up of his northern office in Manchester aims to transfer power from London and stimulate regional growth. Experts, however, caution that it could merely facilitate de-concentration instead of authentic devolution, leaving Englands political landscape still heavily centralised despite regional leadership efforts.

A study finds conservation agriculture with drip irrigation can boost wheat protein content by up to 12% while improving yield and resource efficiency.

Indias private sector growth slowed sharply inJuly, reaching its weakest level in more than four years, mainly due to a significant slowdown in theservices sector. The HSBC Flash India Composite PMI, compiled by S&P Global, declined to54.3 in July from 57.1 in June, though it remained above the 50-point threshold indicating continued expansion.

Keanu Reeves' quote highlights that true character stems from respect and kindness. This perspective resonates widely, reflecting his admired public persona. Reeves, a Canadian actor, has a career spanning over four decades in entertainment. His personal life has faced significant heartbreak and loss. The quote encourages judging people by their actions, not their habits.

In a grand display at Glasgow's OVO Hydro, the 23rd Commonwealth Games commenced with King Charles III's official opening. He underscored the importance of global unity and renewed hope. The ceremony was a dazzling tribute to Scottish traditions, featuring eclectic musical acts and cultural displays. Athletes from around the world entered the arena, heralding a significant shift towards inclusivity and environmental stewardship in Commonwealth Sports.