The Economic Times

Telecom operators faced a Rs 1.9 crore penalty for service quality breaches in FY26. The Telecom Regulatory Authority of India imposed these financial disincentives after reviewing non-compliance explanations. BSNL received the highest penalty of Rs 57.5 lakh for flouting norms. Airtel and MTNL were fined Rs 48 lakh and Rs 37 lakh respectively. Vodafone Idea and Reliance Jio also faced penalties for their service quality.

India's government has clarified trade pact negotiations with the US. No concessions were made regarding ethanol imports for fuel blending. Media reports suggesting policy changes are baseless and factually incorrect. India's ethanol blending program sources fuel exclusively from domestic producers. Therefore, large-scale US ethanol imports for blending are not planned.

The Trump administration plans to significantly alter Head Start program regulations. These proposed changes aim to increase local decision-making power for centers. Experts worry deregulation could weaken the program's established educational standards. The overhaul seeks to boost enrollment and potentially save billions of dollars. Public comments will be considered before final rules are implemented.

Bengaluru plans to develop three new botanical gardens to enhance urban green spaces. One park will be on Defence land, pending Union Ministry approval. The government aims to protect Bengaluru's green cover and improve city life quality. Initiatives are underway to restore Bengaluru's image as India's Garden City. A farmer-government partnership program will also increase the state's green cover.

Noah Khamanllah heads Don't Quit Ventures, a fund dedicated to breaking down barriers for founders in need of funding. With a track record of impressive unicorn investments and successful exits, he has transformed personal adversity and bias into a source of motivation. Khamanllah's current mission is to uplift entrepreneurs across Africa through enhanced access to capital, showcasing the efficacy of his distinctive investment strategy.

The groups edible oil arm, Emami Agrotech Ltd will set up the factory with the company having already expanded into staples such as atta, spices, besan, soya chunk and suji, and has just made a foray into western and traditional packaged snacks manufactured through its own and contract manufacturers located in multiple areas. The proposed factory will consolidate all manufacturing in one area.

Quote of the Day by Mark Twain: Mark Twain's quote highlights the importance of actively seeking knowledge. He believed that the ability to read is useless without its application. In today's world, reading offers a powerful way to grow and learn. This habit strengthens vocabulary and critical thinking skills significantly. Making small daily reading efforts leads to lasting personal development.

Quote of the Day by Sean Penn: Sean Penns quote, When I go to bed at night and I think of humanity at large, I think of all those things, reflects deep awareness, compassion, and concern for the challenges faced by people around the world. The quote suggests that thinking about humanity involves recognizing both the struggles and hopes of others, encouraging empathy, responsibility, and a broader understanding of our shared human experience.

Psychology reminds us that human emotions are rarely simple. Smiling during a difficult conversation doesn't automatically signal confidence or happiness.

Samvardhana Motherson International posted a 101.64% profit rise in the first quarter. Revenue from operations increased by 16.65% to Rs 35,243.77 crore last quarter. EBITDA grew 30.44% year-on-year, and the company operationalized three new plants. It also announced the acquisition of Shenzhen Autocruis to strengthen technological capabilities. The company's balance sheet remains strong with leverage at its lowest-ever level.

Rahul Gandhi launched an engaging 'Ask Me Anything' session on Instagram, encouraging students to voice their concerns directly. This initiative comes after he met with students protesting against paper leaks. He also held Home Minister Amit Shah accountable for recent violence. Meanwhile, the BJP is ramping up its digital efforts to connect with the youth electorate.

Quote of the day by Perez Hilton serves as an inspiring reminder that perfection is neither realistic nor necessary. What truly matters is embracing the process, remaining open to change, and committing to continuous personal development. By choosing progress over perfection, people create lives filled with authenticity, resilience, purpose, and lasting fulfillment, proving that the greatest achievement is not becoming perfect but becoming better with every passing day.

CRPF suicides hit a five-year high of 59 in 2025, with constables most affected. Most deaths occurred while personnel were actively on duty, sources indicated. Home issues combined with service rigors are largely linked to these tragic incidents. Over 281 personnel took their lives between 2021 and July 2026. The force is implementing measures for troop physical and mental well-being.

US worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior period. Businesses investing in artificial intelligence are expected to drive further productivity gains. Unit labor costs also increased at a slower pace than economists predicted. This trend suggests AI may help keep wage inflation contained.

Artificial intelligence is rapidly transforming industries and changing employer demands. Companies now seek professionals combining AI expertise with business and domain knowledge. Universities are adapting by offering new industry-aligned AI programs globally. India is also witnessing this shift with institutions strengthening AI education. These programs prepare graduates for leadership in the evolving intelligence economy.

Today's Top Quote of the Day by Jensen Huang, Tim Cook and Jeff Bezos: In an era defined by rapid technological disruption and shifting economic paradigms, leadership is tested not by standard playbooks, but by foundational philosophy. Few figures exert as profound an impact on modern commerce, technology, and global culture as Jensen Huang, Tim Cook, and Jeff Bezos. Managing enterprises that drive artificial intelligence, personal computing, and global infrastructure, these leaders offer far mo

Suriya and Jyotika discussed their wellness routines and dietary habits during a recent interview. Jyotika prioritizes strength training and completes pull-ups, while Suriya focuses on functional training and flexibility. Their fitness trainer advised Jyotika that strength matters more than appearance. Mammootty's advice to Suriya emphasized portion control and adequate sleep for balance. The couple maintains healthy living through small, mindful daily habits.

Jonathan Taylor has signed a significant contract extension with the Colts. This new deal secures the star running back for two additional seasons. The agreement includes substantial guaranteed money, showing team commitment. Taylor is now closer to becoming the franchise's all-time leading rusher. This move highlights the Colts' aggressive offseason spending strategy.

Spain's sports minister expressed confidence the 2030 World Cup final will be in Spain. She stated Spain deserves to host the title game due to its strengths. FIFA denied reports that the final was awarded to co-host Morocco. The Spanish government was surprised by the news but noted FIFA's denial. Spain will continue working with FIFA to secure the World Cup final.

UN human rights experts have called on Iran to halt the increasing arbitrary detentions and executions that particularly impact Kurdish and Baluch minorities. Since the outbreak of protests, thousands have been detained, facing serious security charges. The rate of executions has surged, with members of these minorities disproportionately at risk, as they are often labeled as threats to national security.

West Bengal will distribute seventy lakh national flags for the Har Ghar Tiranga campaign. The state joins the central initiative for the first time this year. Government buildings and heritage structures will be illuminated with flag colours. A Tiranga Rally is planned in Kolkata on August tenth. The campaign aims to promote patriotism and national unity among citizens.

Chinese authorities arrested activist Zhang Yi in Tibet on July 28. He faces charges of inciting separatism after displaying a Dalai Lama photo. Amnesty International criticizes Beijing for suppressing peaceful expression and religious freedom. The organization calls for Zhang's immediate and unconditional release. They also urge access to family and a lawyer for the activist.

European Proverb of the day: A bird is known by his note and a man by his talk explains how speech can reveal thoughts, values, honesty and character. The proverb compares a bird's sound with a person's words. It teaches people to speak with care because communication can show their nature, beliefs and way of treating others.

Psychology says people touch their faces for far more reasons than nervousness alone. While face touching may sometimes accompany stress or uncertainty, it can also appear during concentration, routine habits or moments of thoughtful reflection. Instead of treating one gesture as a reliable clue about someone's emotions, psychologists encourage looking at the broader situation before drawing conclusions.

France submitted its technical and commercial proposal for 114 Rafale fighter jets. Ninety-four aircraft will be manufactured in India with domestic industry partners. This acquisition aims to bolster the Indian Air Force's declining squadron strength. The deal is expected to generate significant business opportunities for Indian companies. India has already contracted 62 Rafale aircraft for its Air Force and Navy.

The Dutch regulator RDW approved Tesla's FSD system, but refuses to share safety evaluation details. RDW cites Tesla's demands for commercial secrecy as the reason for withholding public information. European experts express concern over this lack of transparency regarding public safety. Tesla is seeking EU approval for FSD, which requires a special exemption from current regulations. Other European countries also cite trade secrets when asked about FSD testing data.

Pakistan's government has issued new guidelines for foreign media organizations operating within the country. These rules require registration and accreditation for reporting outside major cities. Critics argue these measures create bureaucratic hurdles and discourage independent reporting. The government states the guidelines provide a transparent framework for foreign media operations. Media rights groups have condemned the new measures as restrictions on press freedom.

Pakistan's chief selector believes a draw against India is crucial for their World Cup pool stage. The national team will participate in the tournament after an eight-year absence. They face England and Wales in Pool D alongside their rivals India. Recent performances against South Korea have boosted the team's overall confidence. Foreign coaches have been appointed to assist the team director and chief coach.

The West Bengal assembly will convene a special session on August 12. This session will consider Bills for delimiting Kolkata and Howrah municipal corporations. The proposed amendments seek to increase wards in Kolkata and Howrah. This move paves the way for upcoming civic polls in these corporations. Chief Minister Suvendu Adhikari announced this after a state cabinet meeting.

Stephen Hawking's quote suggests original ideas often seem strange to those with familiar thinking. Groundbreaking thinkers faced dismissal before their concepts gained widespread acceptance. Hawking's own life demonstrated persistence and imagination reshaping human understanding of reality. Creative employees and entrepreneurs frequently encounter skepticism when presenting new concepts. History shows today's unusual thought can become tomorrow's accepted truth.

At FLY91, Balakrishnan will lead the airline's day-to-day operations, drive operational excellence across the organisation and work closely with aircraft manufacturers and strategic partners to support the airline's continued expansion. Kushwaha will oversee finance, administration and procurement, supporting the airline's growth strategy and long-term objectives, Fly91 said.

Indian rice export prices remain near a ten-month high this week. Thai prices have reached a one-month peak, supported by buyer demand. Vietnam's rice exports are experiencing quiet trading activity due to weak demand. Bangladesh faces elevated rice prices after recent crop damage from flooding. Governments are developing climate-resilient rice varieties to address agricultural challenges.

Vivek Thiruvengadam left a Rs 1 crore US job to start Qubit Fitness in India. He returned with his family after fourteen years abroad and began with savings. The entrepreneur launched his venture in January 2021 without an office or team. His business expanded over six years, achieving financial goals and personal satisfaction. Thiruvengadam credits consistency and patience for his entrepreneurial success.

Mohamed Salah has agreed to a two-year contract with Turkish club Trabzonspor. He departed Liverpool as a free agent after the conclusion of the last season. Salah arrived in Istanbul and was met by many enthusiastic fans. The 34-year-old forward previously played for Liverpool for many years. He scored 257 goals in 442 appearances for the Merseyside club.

Orkla India sees increased competition driving innovation and experimentation in food products. The company reported revenue growth and improved profits in the recent quarter. Supply chain disruptions have significantly eased after initial challenges from regional conflicts. Orkla is enhancing its product portfolio with added protein and nutritional benefits. This strategic shift aims to remain relevant to younger consumers seeking healthier options.

Iran's defense minister stated the nation's armed forces are fully equipped for any threat. He asserted Iran's indigenous technology surpasses regional military hardware. US President Donald Trump issued new warnings of military action against Iran. Trump claimed discussions were ongoing for the Strait of Hormuz reopening. Iran's foreign ministry spokesperson denied any current negotiations with the United States.

Indian defence firm VTDS has partnered with Czech company DEUS Automation. This collaboration focuses on the small-calibre ammunition sector. The agreement facilitates technology transfer and indigenous production capabilities. VTDS will gain access to advanced international manufacturing technologies and expertise. This partnership strengthens long-term defence manufacturing cooperation between the two nations.

A Volvo XC-60 owner has moved the Supreme Court after Delhi authorities refused to issue a PUC certificate for his 10-year-old diesel vehicle, even though it cleared the emission test. The PUC software, he says, blocks certificates based on the vehicle's age regardless of whether it passes or fails the test itself.

The US embassy in Argentina has deliberately promoted the so-called 'China threat theory,' broadened the concept of national security, and, through visa revocations, blatantly hindered normal cooperation, the Chinese embassy said.

Real Madrid has agreed to sign winger Yan Diomande from RB Leipzig. The transfer fee could reach 125 million euros plus add-ons. This potential deal surpasses the club's previous record signing. Diomande scored 12 goals and provided nine assists for Leipzig. He also represented Ivory Coast at the recent World Cup tournament.

Today's Top Quote of the Day by Milton Friedman, Joseph Stiglitz and Paul Krugman: Milton Friedman, Joseph Stiglitz, and Paul Krugman spent decades studying markets, governments, businesses, and human behavior. Their words are not merely academic observations. They are lessons drawn from decades of research, public debate, policy advising, and real-world economic crises.

Union Minister V. Somanna requested Amit Shah to include the Kadugolla community in Karnataka's ST list. The proposal has already passed an important scrutiny stage with the Registrar General of India. This community is socially, educationally, and economically backward in Karnataka. Granting ST status will improve their access to welfare benefits and constitutional safeguards. The demand for this inclusion has been pending for several years.

JLL has opened a new 120,000 sq ft Global Capability Centre in Hyderabad. This new centre will support JLL's global businesses and clients with various functions. The company plans to hire approximately 1,600 employees over the next few years. This Hyderabad hub aims to become an AI-first operations centre for enhanced productivity. Telangana's IT Minister highlighted its role in creating future jobs and investment.

Quote of the Day by Tyra Banks: Tyra Banks teaches that true confidence stems from accepting all parts of ourselves. Embracing imperfections allows for personal growth and reduces the fear of failure. Authenticity and self-compassion build deeper confidence than striving for flawlessness. Mistakes become learning opportunities, not reasons for shame or self-criticism. This approach fosters emotional strength and encourages living life more fully.

Developing a positive mindset requires time, patience, and effort. In an old interview, American pop diva Diana Ross explained how she taught herself to think positively and accept that a lot of aspects of life are out of her control, and she can only determine how she reacts to these developments.

Indian-origin astronaut Anil Menon embarks on his first spacewalk today. He will join Jessica Meir to strengthen the orbiting laboratory's power system. This mission prepares the International Space Station for next-generation solar panels. It is the first of three NASA spacewalks planned for this month. Safety tethers and specialized suits will ensure astronaut protection during the operation.