The Economic Times

Diet does not equal to doom. In an old interview from 2015, actress Karisma Kapoor was seen sharing how she lost 25 kgs without starving herself in a chat with celebrated dietician Rujuta Diwekar.

Japanese proverb of the day highlights the message, Depend on your walking stick, not on other people. This traditional Japanese saying teaches self-reliance, independence, responsibility and resilience. It encourages people to trust their own abilities instead of depending on others for every challenge. The proverb and Japanese mindset remains relevant because it reminds individuals to build confidence, make decisions independently and prepare themselves to face life's changing situations.

Popular YouTuber MrBeast, whose real name is Jimmy Donaldson, has married his longtime girlfriend, Thea Booysen. The couple celebrated their wedding with a week-long event at a private island resort, where guests enjoyed activities such as kitesurfing and snorkelling before the ceremony. MrBeast later shared photos from the wedding, describing it as he best day of my life. The couple first met in 2022 and have now begun a new chapter together as husband and wife.

Serentica Renewables has secured over $1.19 billion across three financing transactions. This funding will accelerate capacity expansion and support delayed renewable energy projects. A $345 million loan comes from the Asian Development Bank and other lenders. MUFG underwrote a $397 million green term loan now being syndicated. The company aims to supply over 50 billion units of clean energy annually.

The Indian Council of Medical Research has licensed three new biomedical technologies. These innovations aim to advance cancer treatment and infectious disease protection. One drug candidate targets precancerous cervical cells, offering a safer treatment option. Two vaccine candidates will combat major bacterial gut infections. This initiative promotes government research into practical healthcare products.

African Proverb of the Day highlights the meaning of He who does not look ahead always remains behind. The saying emphasizes the importance of foresight, planning, and preparing for the future instead of focusing only on the present. It reminds us that progress comes from setting goals, anticipating challenges, and making thoughtful decisions today that create better opportunities tomorrow. Those who develop a long-term vision are more likely to adapt, grow, and move forward, while those who fai

Punjab & Sind Bank is setting ambitious goals, aiming for a staggering 4 lakh crore in business by the fiscal year 2028-29. The bank projects a healthy credit growth ranging from eighteen to twenty percent for the current year. To bolster its growth, it is investing in digital transformation projects aimed at enhancing digital lending capabilities and account acquisition strategies.

Quote of the Day by John D. Rockefeller: John D. Rockefeller's famous observation, I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature, highlights the extraordinary power of persistence. The quote reminds us that talent, intelligence, and opportunity matter, but perseverance is often the deciding factor between temporary effort and lasting achievement.

French firm Pernod Ricard has withdrawn its court challenge against India's tax demand. The company faced a $314 million demand for undervaluing Scotch whisky imports. This dispute is the largest tax issue for Pernod in India. Pernod argued India did not provide sufficient investigation data during its probe. The company is also involved in other legal battles regarding liquor policy violations.

Life lesson by Barack Obama: Barack Obama's quote stressed that work should not overshadow family needs and emergencies. He advocated for workplace policies that support parents caring for sick children. Fathers, like mothers, deserve time off without facing financial hardship or judgment.

Fertiliser vessels are stranded at Indian ports, hindering crop nutrient supplies. Sowing has accelerated after rainfall revival, increasing demand for timely distribution. Port congestion and supply chain issues are delaying crucial fertiliser dispatches. West Asia crisis and rerouting of vessels contribute to these significant delays. Industry executives express concerns over potential disruptions to the kharif sowing season.

Rahul Gandhi, accompanied by Congress MPs, staged a three-hour surprise protest outside Prime Minister Narendra Modi's residence over the paper leak issue before being detained and later released. Akhilesh Yadav and Supriya Sule also joined the dharna and were detained.

Certus Capital has invested 275 crore in a Gurgaon low-rise residential project. This marks their second investment in the National Capital Region this year. The real estate private credit platform has deployed capital across several Indian cities. Certus Capital focuses on low-supply residential segments with strong end-user demand. The firm holds licenses as an Alternative Investment Fund and NBFC.

Briefing reporters, Parliamentary Affairs Minister Kiren Rijiju said Modi told NDA MPs that the government had acted swiftly after reports of the leak surfaced, arresting 13 accused while ensuring students did not suffer by holding the NEET re-examination without delay and declaring the results promptly.

Jammu and Kashmir Chief Minister Omar Abdullah stated statehood is essential for special status. He emphasized the National Conference will press the central government on this promise. Abdullah expressed no expectation of restoration from the current BJP government. He argued that power sharing is impossible without statehood and a state list. The party's resolution on special status remains active and awaits statehood.

Tractor industry volume growth is expected to moderate to one to four percent this fiscal year. This moderation follows a significant 23.5% growth in the previous fiscal year. The Indian Meteorological Department forecasts a below-normal monsoon due to anticipated El Nino conditions. Recent rainfall data indicates precipitation deficits across several Indian regions. Prolonged rainfall shortfalls could negatively impact farm incomes and tractor demand.

Glenmark anticipates innovative products will drive nearly seventy percent of its revenue. This strategic shift moves the company away from its traditional generics-led model. The company is developing next-generation products targeting oncology and other complex diseases. Glenmark aims to become a global powerhouse in oncology within ten years. Artificial intelligence will significantly accelerate drug discovery and development processes.

India's currency printing arm is exploring polymer banknotes for future use. These notes offer enhanced durability and security features for the nation. The country destroys billions of worn-out notes annually due to extensive use. Counterfeit currency, particularly Rs 500 notes, remains a significant concern for authorities. Polymer banknotes could help India combat these persistent issues effectively.

The Supreme Court removed a Kerala High Court order. This order had placed the Kerala Waqf Board under joint secretary supervision. The Court allowed the joint secretary to remain a board member. However, the supervisory role was explicitly deleted by the bench. The High Court was directed to decide the matter expeditiously.

Rahul Bhatia has begun grooming his son Madhav Bhatia for a future leadership role at IndiGo, exposing him to executive meetings and mentoring under InterGlobe Enterprises CEO Aditya Pande. The move comes amid leadership changes and increased promoter oversight following last year's operational disruptions, as India's largest airline prepares for its next phase of global expansion.

A parliamentary panel is examining the implementation of mandatory 4% job reservation for differently-abled persons. Detailed data on employee representation and unfilled vacancies has been requested from ministries. The committee wants to assess compliance with the Rights of Persons with Disabilities Act, 2016. Systemic gaps and administrative bottlenecks have historically delayed full execution of the policy. This inquiry addresses persistent concerns over statutory non-compliance and backlog

UN climate chief Simon Stiell is visiting India to understand its energy transition progress. He met with ministers and business leaders to discuss climate agenda items. Preparations and expectations for COP31 were also a key topic of discussion. India's participation in recent climate negotiations has been limited due to austerity measures. Future informal meetings will likely see similar arrangements for Indian representation.

Geopolitical tensions and rising crude oil prices are the primary concerns for India's consumer goods sector. Demand is improving, supported by quick commerce and premiumization trends in urban areas. Rural demand has also strengthened over the past six to nine months. Wipro Consumer acquired S Brands, expanding its Southeast Asian presence significantly. Input costs remain elevated, impacting margins despite some easing from recent peaks.

Quote of the day by Justin Bieber reminds people that talent alone cannot earn approval from everyone. The message explains the value of resilience, self-acceptance and moving forward despite criticism. It encourages people to stop depending on external validation and continue working towards their goals. The quote also reflects Justin Bieber's own experiences as a global music star who faced public attention, criticism and success throughout his career.

Ten people died after an under-construction tunnel collapsed due to a landslide. Several others remained trapped inside the tunnel when it caved in on Monday. NHPC Teesta Stage-VI Hydroelectric Project tunnel experienced a suspected methane gas burst. Rescue operations are underway with multiple agencies coordinating efforts. The state government will provide compensation to affected families.

Bastian Hospitality is raising capital from investors for expansion plans. The fine-dining chain aims to sell a minority stake to support growth. They plan to diversify into bars, cafes, and social spaces. Bastian targets revenue of one thousand crore rupees by FY27. The company is also exploring international market opportunities.

The optimism follows RBI's disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that has already eased earlier concerns the scheme was struggling for traction. Of the total, FCNR(B) deposits accounted for the largest share at $17.4 billion, mobilised within six weeks of the scheme becoming operational. This was followed by overseas foreign currency borrowings (OFCBs) at $2 billion and external commercial borrowings (ECBs) at $1.3 billion.

A prolonged suspension of BARC television ratings could disrupt festive-season advertising, with marketers warning that reality shows such as Kaun Banega Crorepati, Bigg Boss and India Ke Top 1% may be the worst affected.

India's food regulator is targeting deceptive health claims made by beverage and food companies. Approximately eighty-five percent of digital advertisements fail to meet advertising standards. Brands are revising labels and packaging after receiving notices from the FSSAI. The health food market is expanding rapidly, attracting significant venture capital funding. Experts suggest clearer standards will encourage genuine product innovation and development.

The Competition Commission of India dismissed a case against Jindal Stainless. No evidence showed procurement arrangements violated antitrust rules. The complaint alleged exclusive deals with Indonesian suppliers for crucial inputs. The commission found no proof of restricted access for competitors. Jindal Stainless's dealership program was deemed voluntary by the regulator.

Quote of the Day by Shakira: Shakiras quote, Theres no better makeup than self-confidence, explores the importance of self-belief, inner beauty, and personal confidence. The quote suggests that while makeup can enhance physical appearance, genuine self-confidence creates a lasting impression by reflecting authenticity, strength, and self-acceptance. It reminds us that true beauty comes from believing in ourselves, embracing our individuality, and carrying ourselves with confidence rather than re

Jana Small Finance Bank disclosed a 169 crore divergence in gross non-performing assets. The bank's reported GNPAs were lower than the Reserve Bank of India's assessment. This divergence led to an additional 42 crore provisioning for the bank. Consequently, the bank's net profit for the fiscal year was reduced. The RBI audit identified under-reported NPAs, necessitating corrections by banks.

Banks are attracting NRI dollar deposits through RBI's FCNR(B) window. These deposits offer projected returns of thirteen to sixteen percent. Customers can borrow multiple times their capital to amplify these dollar yields. However, early redemption carries substantial penalties and lender control over pledged funds. Investors face liquidity constraints and regulatory risks with these leveraged products.

Bira 91 founder Ankur Jain has stepped down from the company's board. He is giving up all executive powers and ownership to settle disputes. The company faces a severe financial crisis and has suspended production. Existing investors will recapitalize Bira 91 and resume operations soon. Legal proceedings between parties have also been dropped as part of the agreement.

The Ministry of Heavy Industries is considering extending subsidies for domestically manufactured electric two-wheelers beyond the current July 31 deadline, although this would require additional budgetary support as the 10,900-crore PM E-Drive scheme has already committed all its allocated funds. The subsidy is expected to remain at around 5,000 per vehicle.

Japanese mindset of the day: Time consistently moves forward, urging us to act now. We often delay important goals, waiting for ideal conditions to appear. Taking small steps today holds more value than prolonged waiting. Money and mistakes can be recovered, but lost time cannot. This proverb encourages making the most of our present moments.

Mumbai ITAT ruled agreement registration does not mean property receipt. Tax cannot be levied on future property rights under anti-abuse provisions. The tribunal allowed a taxpayer's appeal against a 1.38 crore tax addition. Registration creates contractual rights, not actual property possession or receipt. This decision clarifies tax treatment for ongoing redevelopment projects in Mumbai.

The Leo Season Horoscope reminds us that confidence often grows after periods of uncertainty. Whether your challenges involved relationships, finances, or self-belief, this season encourages taking positive action instead of dwelling on past disappointments.

An independent analysis found Bharti Airtel's Fast Lane plan provided faster speeds to some users. This feature offered prioritized access to premium postpaid subscribers. The findings have reopened discussions on network neutrality principles. Experts suggest this prioritization could impact standard user service quality. Spectrum is finite, and network slicing raises concerns about baseline performance.

ETs roundup of the wackiest whispers in corporate corridors.

A parliamentary panel recommended reviewing competition law for the digital sector. It called for vigorous enforcement of monetary penalty guidelines by the CCI. The panel also stressed a transparent methodology for calculating penalty amounts. Adequate protection for small businesses from monopolies was also suggested. Enhanced cooperation between the CCI and other regulators was emphasized.

Quote of the Day by Emil Cioran: Emil Cioran's famous quote, To possess a high degree of consciousness, to be always aware of yourself in relation to the world, to live in the permanent tension of knowledge, means to be lost for life. Knowledge is the plague of life, and consciousness, an open wound in its heart, explores the emotional weight of constant self-awareness. First published in his 1934 book On the Heights of Despair, the quote reflects Cioran's belief that excessive consciousness can

Scientists conducted an ocean alkalinity enhancement experiment in the Gulf of Maine. Diluted lye was released to increase the ocean's carbon dioxide absorption capacity. Bright pink dye helped track the treated seawater's movement and dispersion. This trial aimed to gather real-world data on the carbon removal strategy. The experiment sought to validate models and improve monitoring techniques safely.

French Proverb of the Day: Life's greatest lessons often come from experiencing consequences and making mistakes. The French proverb All the roads of excess lead to the palace of wisdom reflects this truth. It suggests that pushing boundaries and facing challenges ultimately fosters personal growth and understanding. This timeless wisdom encourages reflection and learning from every setback encountered. Ultimately, maturity is built through lessons learned along life's journey.