The Economic Times
Elections 2026Company / The Economic Times
Jammu and Kashmir police attached property valued at seventy lakh rupees. Searches were conducted at twenty-six locations in Baramulla district. This action is connected to a UAPA case registered in two thousand eight. An arrest warrant was also obtained for another accused individual. The Jamaat-e-Islami outfit was banned by the central government.
Basant Kumar Meghwal secured silver in the men's high jump event. Shahnavaz Khan earned a bronze medal in the men's long jump competition. These medals brought India's total to three at the championships. Ashish Yadav had previously won silver in the javelin throw. This performance matches India's best-ever medal tally at the event.
West Bengal Governor R.N. Ravi has asked all universities to observe August 14. This day will remember the horrors of Partition and its impact. The observance aims to educate the younger generation about this historical event. Bengal experienced immense suffering and disruption during the Partition. The state government is also distributing national flags for Independence Day.
The Territorial Army is expanding its role to include AI and cybersecurity experts. This initiative aims to infuse technical talent into the part-time military reserve force. Direct induction and honorary commissions are planned for specialized personnel. An innovation cell is already operational, conducting hackathons and internships. Future plans include national-level hackathons for cyber defense capabilities.
School holiday, August 10: In anticipation of heavy rainfall across multiple regions in India on August 10, 2026, district administrations are preparing to assess local conditions for possible school closures. It's important to note that Telangana's schools will be shut for the Bonalu festival, which is unrelated to the ongoing rain warnings. Additionally, states such as Rajasthan and Chhattisgarh are on alert for similar weather developments.
Psychology says people often remember the ending of an experience more strongly than the ordinary moments in the middle because memory does not treat every moment equally.
Scott Eastwood recounted a story about his father, Clint Eastwood, and Kevin Costner. This legendary tale emerged during the filming of the 1993 movie A Perfect World. Clint Eastwood directed the film which starred Kevin Costner in a leading role. Scott shared his father's advice on how to learn filmmaking effectively. He emphasized staying present and actively participating in the movie's creation.
The iPhone 17 is listed at Rs 81,900 on Flipkart, with an exchange offer potentially bringing the effective price to Rs 32,585.
Indian skipper Harmanpreet Singh highlighted team's extensive preparation for the upcoming World Cup. The team has focused heavily on improving their defensive strategies and attacking plays. Communication and penalty corner execution were key areas of development during training. Younger players have shown good performance, boosting team confidence for the tournament. India aims to secure a medal after recent successes in other championships.
Assam's flood situation remains critical as two more deaths occurred Sunday. Over 1.37 lakh people are currently affected across seven districts in the state. Golaghat district is the worst hit, with nearly 70,000 residents impacted by the deluge. Authorities are operating 125 relief camps for nearly 50,000 displaced individuals. Floodwaters have inundated 456 villages and damaged significant cropland and infrastructure.
Mahindra Group announced Shveta Arya's appointment as Group Chief Strategy Officer. She will lead the Group Strategy Office, identifying growth opportunities. Arya joins from Cummins India, bringing over twenty-three years of experience. She will report to Mahindra Group CEO and Managing Director Anish Shah. Her role involves driving long-term strategic advantage across the company's businesses.
Quote of the Day: Milton Berle's words remain relevant because they challenge one of life's most frustrating habits: waiting for permission. Patience can be valuable, and some opportunities truly depend on the right timing. But there are also moments when waiting too long simply keeps us stuck. Sometimes, moving forward means creating the opportunity ourselves instead of waiting for someone else to open the door.
VVS Laxman confirmed excellent coordination between the Centre of Excellence and selection committees. Selectors regularly receive player fitness reports from the CoE for informed decisions. Injuries are an inevitable part of a cricketer's career, requiring careful management. The BCCI faces challenges filling the vacant Head of Sports Science and Medicine role. The CoE aims to help cricketers achieve excellence beyond just rehabilitation.
Prime Minister Narendra Modi has called on all citizens to actively engage in the Har Ghar Tiranga movement, aligning with the 150th anniversary of Vande Mataram. The Ministry of Culture has appealed for patriotic acts such as flag hoisting and submitting selfies to celebrate the occasion. Events like rallies and concerts will be held to honor the Tricolour, aiming to strengthen national pride and deepen the bond with the flag.
In a recent ruling, Rera instructed Pareena Infrastructure to compensate two homebuyers with Rs 23 lakh for the extended delays in delivering their flats. The builder is given a thirty-day window to complete this payment or incur interest penalties. The homeowners had requested compensation for both mental anguish and financial troubles linked to the delays, resulting in an award that included property appreciation, harassment, and legal fees.
Tom Holland and Zendaya reportedly share a London home after extensive renovations. Zendaya also owns several properties across the United States. Their engagement was confirmed in January 2025, and the wedding has already occurred. The London residence is considered their primary shared living space. Zendaya's US portfolio offers options for their Hollywood commitments.
Domestic earnings have largely met or beaten expectations, supporting sector-specific optimism.
Indian benchmark indices closed lower on Friday as closing auction sessions caused divergence between Sensex and Nifty. While Sensex fell 456 points, Nifty dropped 65 points. Market sentiment remained cautious amid Middle East tensions and crude oil volatility, though strong SBI earnings provided underlying banking sector support.
Punjab National Bank plans to launch wealth management services by December. The bank is also aggressively scaling its credit card business operations. This expansion aims to significantly enhance the bank's non-interest income streams. PNB anticipates its profit will surpass twenty thousand crore rupees this financial year.
Consensus analyst estimates from Trendlyne highlight nine Nifty 500 stocks offering up to 50% upside potential over the next 12 months. Prominent picks covered by multiple analysts include Inox Wind, Aditya Birla Fashion, Lemon Tree Hotels, HDFC Bank, NCC, and HDFC Life, supported by Strong Buy and Buy ratings.
Titan Company reported strong revenue growth for the June quarter. The company is on track to meet its improvement targets this fiscal year. Jewellery business showed healthy double-digit value growth, essential for FY30 goals. Studded jewellery demand has seen a resurgence since last year. Titan expects continued growth across all business segments.
The IPO market is set for a busy week, with 15 mainboard and SME issues either opening or set to list.
Oil India CMD Ranjit Rath is a leading contender for the ONGC chairman position. Eligibility criteria, including age limits, were relaxed for the top job. Several internal and external candidates have applied for the vacant ONGC chairman role. The selection process involves a search-cum-selection committee appointed by the oil ministry.
While penny stocks often attract investors with their low entry prices and potential for quick gains, they carry substantial risks. Low liquidity, high volatility and limited transparency can make them vulnerable to manipulation and sudden price drops.
Activated charcoal in fridge: A strange smell coming from the refrigerator can be surprisingly stubborn and difficult to remove. Activated charcoal offers a simple hack to help absorb unpleasant odours. Its porous structure can trap odour-causing compounds, unlike air fresheners, which mainly mask smells. However, thoroughly cleaning the refrigerator and removing the source of the odour is essential before trying this hack.
Indias primary market is set for a busy week, with nine companies aiming to raise a combined Rs 7,681 crore through IPOs across the mainboard and SME segments. Key issues include Dhoot Transmission, Shiprocket, Milky Mist Dairy Food and Molbio Diagnostics. The IPOs will open between August 10 and 12, while eight companies that launched last week are set to list.
Premiumisation is the key growth driver for India's alcoholic beverages industry. Major spirit makers expanded revenue and protected margins in the first quarter. United Spirits and Radico Khaitan reported high double-digit growth in their premium segments. United Breweries also saw an increase in its premium volume. This trend reflects rising disposable incomes and evolving consumer preferences.
Goldman Sachs expects the Nifty 50 to rebound to 26,500 by June 2027, above its current record high, as Indias macro backdrop improves. Lower commodity prices, a stable currency, resilient domestic growth and better earnings prospects are supporting its bullish view. The brokerage expects a shift towards value stocks, with large caps and banks benefiting as foreign outflows reverse.
As global investors crowd into AI-linked markets in South Korea and Taiwan, India is re-emerging as an anti-AI portfolio diversifier. Moderating long-only fund redemptions, $3.6 billion in recent foreign inflows, strong domestic SIP contributions, and potential $25 billion reallocation from underweight EM funds are supporting Indian equities' relative resilience.
Housing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The company plans to borrow seventy-five thousand crore rupees from domestic and overseas markets. HUDCO has already raised twenty thousand crore rupees in the first quarter of this fiscal.
Nearly 90 companies, including Jio Financial Services, Power Grid Corporation, HPCL, and Hindustan Aeronautics, will turn ex-dividend between August 10 and August 14. Investors holding these shares in their demat accounts on the respective record dates will be eligible to receive the announced corporate dividend payouts.
Hyundai Motor India anticipates a strong export recovery starting from the second quarter. This optimism stems from continued robust demand and a healthy order backlog. The company experienced a decline in first-quarter exports due to regional conflicts and supplier issues. New model shipments, including the Exter and Verna, will bolster export volumes.
In a notable surge, four leading Indian corporations experienced an impressive rise in market valuations, totaling Rs 1.43 lakh crore. The State Bank of India led the charge, boosting its valuation by Rs 63,922 crore. Other notable gainers included Reliance Industries, TCS, and Larsen
In early August, Foreign Portfolio Investors poured Rs 12,921 crore into Indian equities, building on their notable investments from July. This surge indicates improved investor sentiment and favorable macroeconomic conditions. Furthermore, foreign investors have displayed interest in India's debt market, resulting in additional inflows. However, it
Indian stock markets ended lower as benchmark indices Sensex and Nifty diverged. Investors face crucial triggers next week, including over 2,000 Q1 earnings announcements, crude oil price movements amid Middle East geopolitical tensions, US nonfarm payroll data influencing Federal Reserve interest rate policy, and ongoing foreign institutional investment trends.
Subtle workplace judgments, termed microsnobbery, stem from everyday choices. These judgments often involve food, clothing, and cultural consumption habits. Such behavior can make colleagues feel excluded and hinder team collaboration. Recognizing these habits allows for their conscious elimination and improvement. Openness and respect foster a more inclusive and productive work environment.
China's producer price inflation eased more than expected in July. Consumer inflation also cooled, reflecting weaker domestic demand in the economy. This slowdown is consistent with other economic activity data released recently. Chinese leaders pledged to accelerate fiscal spending on infrastructure projects. This policy response aims to bolster economic growth through year-end.
Kamika Ekadashi Vrat Katha: Today marks Kamika Ekadashi, a significant day dedicated to the worship of Lord Vishnu. Devotees partake in this important fast with the intention to clear negativity from their lives while inviting wealth and prosperity. The vrat katha narrates the story of a man who, after killing a Brahmin, was encouraged to observe Kamika Ekadashi and seek forgiveness through the devotion of Lord Vishnu.
Firefighters extinguished a blaze at Saudi Aramco's Jazan refinery on Sunday. The facility had previously been shut down following a Houthi militant attack. This incident raises concerns about potential disruptions to oil infrastructure. Recent attacks have caused some production interruptions for the company. Operations are expected to be restored quickly, with no material impact.
Indian family offices are transitioning from wealth protection to professional investment management. Finding and keeping skilled Chief Investment Officers presents significant challenges for these evolving entities. Many families struggle to grant the necessary authority and compensation to their investment leaders. Cultural differences and unclear mandates often lead to high executive turnover. This dynamic shift shapes the future of wealth management in India.
The finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while consumers and most merchants will face no charges. The move aims to support UPIs long-term sustainability, security and infrastructure.
Quote of the day by Katy Perry on humility is a reminder to protect the person we are becoming while pursuing the life we desire. Ambition and humility do not have to be opposites.
Hurricane warning alert: If the project succeeds, the data collected by sharks could help improve forecasts of how strong hurricanes will be as they approach the U.S. coast.
The larger lesson may be that environmental health risks are not always the loudest or most visible ones. Modern life has filled homes, offices, hospitals, transportation systems, and cities with mechanical sounds that previous generations encountered far less frequently. As scientists learn more about how the body responds to its surroundings, familiar background conditions may deserve a closer look.
PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a sustainable business model that echoes the position of the Payments Council of India (PCI). The industry association has sought to separate free everyday payments from charges on select merchant transactions to ensure commercial viability of the service.
US-Iran war news: The United States is pushing for secure passage for commercial vessels through the Strait of Hormuz. Meanwhile, Iran and Oman are in talks to establish a temporary shipping lane for oil transport. However, the U.S. remains doubtful about Iran's commitments to maritime safety. Both countries aim for an agreement on this crucial waterway, which could pave the way for restoring halted oil exports in the near future.
Justin Trudeau and Katy Perrys high-profile romance has sparked fresh attention after Alabama Senator Katie Britt questioned how the unlikely celebrity couple first met. Britt also joked about seeing the former Canadian prime minister frolicking with Perry, saying, He used to be in charge of a whole country. Katie Britt's question remains one of the biggest mysteries surrounding the couple: How exactly did Justin Trudeau and Katy Perry meet?
Uttar Pradesh's Chief Minister, Yogi Adityanath, had a cordial meeting with Prime Minister Narendra Modi in New Delhi on Saturday. During their discussion, he expressed how the Prime Minister's leadership motivates his commitment to effective governance. The Prime Minister's office later confirmed this warm interaction via a post on X, showcasing the importance of political collaboration and leadership dialogue in the current landscape.
Today's Quote of the Day by Joey Tempest: The famous quote by Joey Tempest explores a truth many people learn with time: independence does not mean living alone. The Europe frontmans words about being an island raise a deeper question about freedom, relationships and belonging. You can stand on your own, yet still need connection, purpose and a place that truly feels like home.
Assam Chief Minister Himanta Biswa Sarma visited flood-affected Bengabara and Naharbari villages. He assessed the damage and reviewed ongoing repair works on breached river embankments. The Chief Minister interacted with people taking shelter in relief camps and assured them of full support. He promised special measures to rebuild embankments with enhanced strength for better protection. The state's flood toll has reached 98, affecting 1.55 lakh people across 13 districts.

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