The Economic Times

Subhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstanding dues from borrowers. He highlighted that his personal debt stands at zero, backed by 22,000 crore in personal guarantees. The repayment strategy involves Chandra committing 6.25 crore from his own resources, while other entities cover 1,494 crore. Although most amounts have been repaid, some lenders are challenging the NCLT-approved plan and are considering appeals.

The government is expanding its fertilizer management system to link sales with farmer data. This platform covers millions of buyers and significant annual fertilizer sales. Integration with other systems allows fertilizer purchases to match farmer and land records. Farmers can book fertilizer using their AgriStack ID after land detail verification.

Deal-making momentum is driven by available financing and open markets, while M&A activity focuses on large strategic deals. Private credit has seen a correction, which is seen as healthy for markets. High US yields influence sponsor math, but monetization and exits remain key constraints. Hyperscalers' AI financings involve third-party capital, assessing cash flows and guarantees. Companies are given leeway on AI spending, with accountability expected by 2027.

Denmark restored the Skjern River wetlands after agricultural decline and pollution. The project re-meandered over twenty kilometers of river and restored habitats. Wildlife returned, meeting conservation targets for Special Protection Area status. New shallow lakes and improved conditions benefited various species and salmon. The restored landscape also became accessible for public recreation and tourism.

Tom Holland's quote of the day talks about an important life lesson taken from his own belief that saying what you want can actualy bring you closer to getting it. Taken from his own inspiring journey of wanting to be Peter Parker to becoming the star of the highest grossing Spider Man film ever, Spider Man Brand New Day, this story explains the reason behind his belief and how it helped him achieve his dreams.

Finance Minister Nirmala Sitharaman met several US business leaders in Chicago. She invited them to explore opportunities within India as a global operations hub. Discussions covered AI-enabled autonomy and defense technologies with Shield AI. Opportunities in agriculture and food value chains were explored with Archer Daniels Midland. Hyatt and Mondelez executives also participated in these important discussions.

Manipur's Chief Minister Yumnam Khemchand Singh has implored the public to engage in peaceful protests instead of bandhs, which he believes create unnecessary challenges for workers and students alike. He noted the encouraging response from New Delhi concerning NRC implementation, stating that such disruptions negatively affect education and financial stability. The government is committed to listening to citizens and aims to resolve issues through open communication.

Ladakh's holistic development strategy should leverage its unique assets, such as its rich natural resources and vast potential in renewable energy. Ashok K Lahiri emphasized the importance of utilizing these strengths for sustainable environmental practices while also fostering job creation. Ongoing projects and challenges in infrastructure, education, and tourism were discussed, with a strong focus on promoting viable enterprises in animal husbandry and tapping into local markets.

Matt Damon highlights the fleeting nature of fame, asserting that personal decisions are far more enduring than momentary celebrity status. Through his varied and challenging roles, he illustrates a career built on thoughtfulness. This view resonates beyond Hollywood, applicable to all life choices. In the end, it is the contentment with ones decisions that shapes a fulfilling life.

The attack on the Kirishi refinery, deep inside Russian territory, came as Moscow said it was preparing massive strikes against Ukrainian energy facilities in response to recent attacks. Russian air defences destroyed 62 drones over the Leningrad region, Governor Alexander Drozdenko said on Telegram on Sunday. One of the drones fell near the refinery in Kirishi, starting a fire, he said.

Banks and credit firms will launch a responsible borrowing campaign to curb bad loans. This initiative aims to promote financial discipline among young borrowers. The campaign will address risks from rapid digital credit growth and predatory apps. It will also focus on improving credit history and timely payment knowledge. The government is pushing youth awareness on financial discipline and credit scores.

At the age of 86, a dedicated farmer made the remarkable choice to accept $1.9 million to safeguard his 261 acres of farmland, ensuring the land remains devoted to agriculture. While developers had proposed $15.7 million for this valuable property, his decision to embrace a voter-sanctioned local preservation program guarantees that future generations will benefit from this vital agricultural heritage.

India began their Women's T20 Asia Cup campaign with a dominant victory over Thailand. Shafali Verma's aggressive batting provided a strong foundation for the Indian team's score. Indian spinners then expertly dismantled the Thailand batting lineup to secure the win. The bowlers delivered an exceptional performance, restricting Thailand to a low total.

Changes in foot size throughout the day are a simple example of biomechanics and cardiovascular physiology working continuously without conscious effort. When you stand or sit for long periods, gravity increases hydrostatic pressure in the lower limbs, encouraging fluid to move out of capillaries into surrounding tissues. Starling forces help regulate this fluid exchange, while the lymphatic system clears excess fluid and muscle contractions assist in pushing venous blood back toward the heart.

Delhi Police denied permission for an event hosted by The Foreign Correspondents Club. The seminar-cum-press conference was scheduled for Saturday with a diverse panel of speakers. Security reasons were cited by the police for stopping the planned programme. The Foreign Correspondents Club informed its members about the sudden cancellation. This development was beyond the control of the club organizers.

Ancient forests endured extreme global warming over 56 million years ago. This warming event caused a significant loss of forest canopy cover. Forests took over 100,000 years to fully recover from this damage. Modern forests face similar challenges with faster carbon emissions. Past warming events offer crucial lessons for current climate change.

In an unfortunate chapter of space exploration, a squirrel monkey named Goliath found himself amidst America's fierce space race. His ill-fated journey lasted just 35 seconds before a catastrophic rocket explosion robbed him of his mission objective. Designed to understand primate behavior in zero gravity, Goliath's unrestrained condition ultimately led to the loss of vital data, marking a sorrowful moment in the annals of space history.

To address the menace of invasive Asian carp, Illinois officials deployed rotenone in a canal, leading to the recovery of numerous fish; however, they could only pinpoint a single bighead carp. The undertaking took place during routine maintenance of an electric barrier, highlighting the complexities of managing these invaders and reinforcing the importance of a multifaceted defense strategy to safeguard the Great Lakes.

A ferry carrying over 260 passengers capsized off the coast of northern Cyprus on Sunday. The vessel was traveling from Kyrenia to the Turkish port of Tasucu when it began taking on water. Rescue crews were immediately dispatched to the scene after the catamaran overturned. No casualties have been reported from the incident so far.

Ballooning is a form of aerial dispersal in which a spider climbs to an exposed spot, lifts its abdomen, releases strands of silk and allows the wind to carry it into the air. Some spiders have been recorded at altitudes of around 4 kilometers and are capable of traveling hundreds of kilometers during dispersal.

NASA's Roman Space Telescope is launching soon aboard a SpaceX rocket. This observatory will survey the cosmos for dark energy and dark matter. It aims to test the standard model of cosmology and its expansion rate. Roman will also discover thousands of exoplanets beyond our solar system. Its wide-field view complements other missions for a complete cosmic picture.

Hindusthan National Glass has issued a default notice to Bira 91's parent company. The glass manufacturer seeks recovery of over eleven crore rupees for unpaid dues. This action follows Bira 91's founder stepping down amid financial challenges. Bira 91 has been out of production and faces significant debt. The company may face insolvency proceedings if dues are not settled promptly.

Among BSE large-cap stocks, several companies are currently projected to deliver strong gains over the next 12 months, based on consensus estimates from Trendlyne.

Indian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand five hundred personnel. This expansion aims to strengthen its presence in Central and Western regions. Asset quality management remains a focus, with targets for reducing NPAs. The lender anticipates its gold loan book will surpass one lakh fifty thousand crore rupees.

Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum shifts towards mid- and small-cap stocks. He explains why Samco Flexicap Fund has allocated 7075% of its portfolio beyond large caps, while highlighting opportunities in defence, power, AI ancillaries and gold, and warning about IPO-led liquidity pressures.

MSCI

HDFC Bank is considering Kaizad Bharucha as a potential next CEO. The bank is also seeking an external candidate for the top position. This search follows recent leadership changes and governance concerns. Sashidhar Jagdishan's retirement is scheduled for October after his second term. The Reserve Bank of India must approve the final appointment.

India's economic outcomes show distortions, not solely free-market forces at play. Company earnings and asset valuations are influenced by government interventions and incentives. Production Linked Incentive schemes support profitability in manufacturing sectors. Rural spending persists due to direct government transfers, not productivity gains. Policy interventions reshape outcomes, making growth seem stronger than it is.

Pidilite Industries expects consumer demand to remain resilient despite inflationary pressures. The company does not foresee immediate price increases in the current quarter. Demand trends in July and August are broadly in line with the June quarter. Pidilite remains confident of delivering double-digit volume growth while maintaining profitability. The company is also expanding its international business and manufacturing footprint.

State Bank of India plans to divest nearly one percent of its National Stock Exchange stake. This divestment will occur as part of the exchange's upcoming initial public offering. SBI's mortgage portfolio is projected to surpass ten lakh crore rupees this quarter. The bank holds a significant market share in the home loan segment. Home loans are considered vital for India's overall economic growth.

HDFC Bank's chief executive will not seek reappointment after October twenty-sixth. This succession occurs amid ongoing governance scrutiny and recent regulatory issues. The bank's shares have significantly underperformed its peers and the broader market. A new leader must restore investor confidence and address business challenges. The transition is crucial for HDFC Bank's future growth trajectory and standards.

Nifty ended the week lower after consolidating in a narrow range, with the broader technical structure remaining unchanged. The index moved between 24,076.85 and 24,378.60, while India VIX declined 4.64% to 10.68. Support remains at 23,900

Over the past two months, 10 penny stocks delivered gains ranging from 13% to 119%, with four emerging as multibaggers.

During August, foreign portfolio investors added over Rs 30,000 crore to Indian equities, showcasing the ongoing trend of substantial market inflows for the second month in a row. This surge can be attributed to enhancing corporate earnings and a stable economic environment. Furthermore, easing global geopolitical tensions have aided investor optimism, yet uncertainties surrounding crude oil prices and US bond yields remain pressing issues.

Last week observed a notable decline in market valuations, with seven out of the ten top firms witnessing a reduction of Rs 1.13 lakh crore. The greatest impact was felt by Bharti Airtel and Reliance Industries, linked to concerns over global interest rates and geopolitical instability. Nonetheless, there was robust buying in IT stocks, which facilitated a recovery in the market on Friday.

Nearly 90 companies, including NTPC, Coal India and Oil India, have scheduled record dates for dividends, bonus issues and stock splits from August 31 to September 4. Investors must hold the respective shares as of the record date to qualify. Mastek, Glenmark Pharma and Triveni Engineering are among Mondays stocks, with several companies announcing dividends for shareholders.

Reliance Industries telecom and digital arm Jio Platforms has secured Sebi approval for its IPO, taking one of Indias most closely watched listings a step closer to the market.

Indian equities are likely to take cues from a slew of domestic and global factors this week, including Indias first-quarter GDP data, US jobs numbers, crude oil prices, institutional flows and global technology sentiment. Analysts expect the Nifty to remain in consolidation, with the technical setup balanced as investors track key resistance and support levels.

Securonix CEO Toby Weiss believes AI will not simplify the fragmented cybersecurity landscape. He notes that enterprises are rapidly adopting AI despite security concerns. The recent Hugging Face incident has intensified discussions about AI regulation and governance. Weiss sees Securonix helping customers prepare for security challenges in the AI era. India represents a significant market and engineering talent pool for the company.

RSS chief Mohan Bhagwat addressed the Indian-American community in New York. He highlighted unity in diversity as India's inherent characteristic. Bhagwat urged the diaspora to embrace their land of action and impart values. Interfaith leaders also spoke about oneness and mutual support. The event celebrated global cultures and a call to action.

Partial results from Iceland's referendum show a slim lead for the 'yes' camp. Voters are deciding on whether to restart accession talks with the European Union. Some 51.2% supported the government's proposal, while 48.8% opposed it. A 'yes' vote would be welcomed in Brussels as a low-risk case. Iceland's strategic position also adds appeal amid growing Arctic security focus.

Engaging in positive shared experiences serves as a protective barrier for the cardiovascular system. Joy and contentment trigger the release of brain chemicals that actively diminish inflammation. The connections we foster enhance our health, significantly increasing immunity and longevity. Studies indicate that experiencing shared happiness leads to lower production of the stress hormone cortisol. By valuing daily interactions, we can better support heart health and resilience in aging individ

Donald Trump will be the honorary chairman for the 2026 Presidents Cup. He will attend the event scheduled for September 24-27. The competition will take place at Medinah Country Club in Chicago. Trump previously held this role during the 2017 Presidents Cup. PGA Tour CEO Brian Rolapp stated Trump's involvement elevates the international event.

Janmashtami 2026 date in India: Krishna Janmashtami 2026 will be celebrated onSeptember 4, not September 5. The confusion arises because the midnight birth celebration continues into September 5. Mathura, Vrindavan, Bengal and Gujarat will observe Janmashtami on September 4, while Vrindavan's Nandotsav and many Dahi Handi celebrations follow on September 5.

Venezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude output to 1.5 million barrels daily. It aims to revive the nation's economy and boost government revenue significantly. The deal preserves Venezuela's sovereignty over its vast natural resources. Several companies, including US firms, are expected to sign new oil rights next week.

India's monsoon rainfall deficit has widened to nearly fourteen percent. Erratic rainfall has hurt kharif crop sowing across several regions. Total area under summer-sown crops is lower than last year. Twelve states recorded rainfall deficits exceeding twenty percent since June. Eastern India may see some relief while peninsular India faces continued subdued activity.