Business Standard

Gianni Infantino, the increasingly embattled FIFA president, was everywhere in the conversations as European soccer leaders gathered this week in Monaco for the Champions League draw. UEFA, the European soccer confederation, is spearheading the backlash against Infantino over his failed World Cup sell-off plan that created a deep rift in the sport one month ago. Many of its member federations have withdrawn their support for the FIFA leader, who is up for re-election in March 2027, and some have

The flood tore through areas including Rasuwa district near the Chinese border, levelling entire towns, damaging hydropower projects and killing close to 500 people

Nepal authorities on Friday issued a fresh flood warning after the water level increased at the site where a devastating flash flood occurred earlier this week, urging people and rescue workers in the area to move to safer locations. The National Disaster Risk Reduction and Management Authority (NDRRMA) said the rise in the water level at the same site raised the risk of another flood in the area. The warning comes after a massive flash flood swept through Rasuwa and other parts of central Nepal

Chinese officials on Friday said more than 1,000 people, including 555 tourists, have been evacuated from Gyirong County near the Tibet-Nepal border after devastating flash floods that caused heavy casualties. The flash floods struck Gyirong Port in the Tibet Autonomous Region on Wednesday, sweeping through villages and towns near the China-Nepal border area. Three people were killed in Tibet and 469 in Nepal, while hundreds of others remain missing. A total of 499 villagers and construction wor

India's next stock-market winners? PL Wealth picks banks, capex and consumption

The Ministry of External Affairs has said 290 Indian nationals remain uncontactable, while the Centre is making urgent efforts to ascertain their whereabouts and coordinate their rescue

At least 469 people have been confirmed dead, a toll that's expected to rise in the coming days after fast-moving waters swept through villages, wiping out bridges, roads and entire settlements

The death toll from flash floods in central Nepal rose to 469 on Friday, with more bodies recovered as search and rescue operations continued for the third day following the disaster. In a statement, Nepal Police said the bodies were recovered from eight districts of the Himalayan nation. According to the police, 178 dead bodies have been recovered from Chitwan, 110 from Nawalparasi East, 44 from Gorkha, 37 from Nuwakot and 33 from Dhading district. Similarly, 28 bodies have been recovered from

China has sounded a Level-IV alert following the devastating flash floods at the Tibet-Nepal border, warning that a newly formed barrier lake at the confluence of two rivers faces a high risk of breaching and flooding downstream areas. China's Ministry of Water Resources on Thursday night sounded an emergency in the Tibet Autonomous Region, cautioning of a threat posed by the barrier lake, which formed near the confluence of Chhochen Khola and Purepu Tsangpo rivers. These rivers originate in Tib

US Under Secretary of State for Political Affairs said she spoke with Nepal's Foreign Minister about the ongoing search-and-rescue efforts, including urgent efforts to locate missing US citizens

As rescue teams searched Thursday for missing people following catastrophic flooding along the Nepal-China border, Earth scientists reviewed satellite imagery for clues to the cause and assessed the devastation. The flooding killed hundreds of people in Nepal and Tibet on Wednesday. Many more are still missing, including scores of foreigners and pilgrims. Geomorphologists Kristen Cook and Dan Shugar said initial images from Nepal on Wednesday were obscured by clouds and dust from the debris, so

The administration has sounded a high alert in Maharajganj and Kushinagar districts of Uttar Pradesh and stepped up monitoring of the Gandak and other water bodies downstream of rivers in Nepal, following devastating flash floods in the neighbouring country that have killed at least 177 people and left thousands missing. The administration in UP, which shares its northern borders with Nepal, is focusing on river monitoring, alerting vulnerable villages and keeping relief-and-rescue teams ready.

The death toll from the massive Nepal-Tibet flash floods rose to 392 on Thursday, as rescuers raced against time to trace hundreds of people still missing, including 290 Indian nationals. Of the 392 victims, 389 died in the flash floods in Nepal, while three were killed in neighbouring Tibet. A Nepal Police statement said 796 people, including 50 foreigners, have so far been rescued from affected areas by helicopters, while another 796 have been evacuated by land. It did not, however, specify th

MEA says 73 Indians working on the Trishuli-1 hydropower project are among those missing; India has sent 47.5 tonnes of humanitarian assistance to Nepal

A glacier collapse in Tibet caused catastrophic flash flooding Wednesday in a border area of China and Nepal. Authorities in both countries have reported more than 160 deaths and over 1,300 people missing as of Thursday. Many were foreigners in the area for trekking or a pilgrimage to a sacred Hindu site. The number of missing may vary across agencies due to differences in how they collected data, when it was reported and how it was verified, as well as gaps in coordination between those assembl

The Madhya Pradesh government on Thursday established a control room in New Delhi for the assistance of tourists from the state stranded in Nepal due to flash floods, an official said. People stranded in Nepal or their families can contact the control room for assistance and information on the helpline number 011-26772005, WhatsApp number 9818963273, and via email at recp1mpbhawan@mp.gov.in, the official said. The flash floods on Wednesday wreaked havoc across three districts in Nepal, claiming

The water level of the Gandak river, which was in spate after the flash floods in Nepal a day ago, was showing a receding trend on Thursday, bringing respite to the residents of low-lying areas in northern parts of Bihar, an official said. The discharge from the Gandak Barrage at Valmikinagar in West Champaran, the northernmost district of the state that shares a border with the neighbouring country, also declined with the receding water level in the river system, he said. Bihar was put on high

The Uttar Pradesh Education Service Selection Commission (UPESSC) has announced the UP TET Result 2026 on Aug 26. Candidates can check their results on the official website

Nearly 160 people were killed and over 750, including 133 Indian nationals, remain missing after a massive flash flood originating in Tibet swept through central Nepal on Wednesday, devastating several towns and villages, washing away critical bridges, and crippling a dozen hydropower projects. Nepal Foreign Minister Shisir Khanal told the parliament that an earthquake hit the Tibet region at 8:37 am (local time) and the flash floods were reported three minutes later, suggesting the tremors may

Octave Intelligence has inaugurated a 2-lakh-sq-ft technology centre in Hyderabad and plans to scale its workforce to 2,000 engineers across software, AI, data and cloud

Investors are also looking ahead to Nvidias earnings later this week for fresh signs of demand for AI-related products. Federal Reserve Chair Kevin Warshs speech at the Jackson Hole symposium on Friday will also be closely watched for clues on the US interest-rate outlook.

Investors continued to reduce their exposure to technology stocks ahead of Nvidias earnings on Wednesday, which could test confidence in the ongoing AI-driven rally. Eoptolink Technology fell 2.70% despite reporting strong growth in revenue and profit. Hua Hong Semiconductor, Zhongji Innolight and NAURA Technology also declined.

India's e-waste recycling market is projected to grow from $1.7 billion in 2025 to $3 billion by 2034, as shorter device lifecycles and tighter recycling rules drive demand

Delhi Health Minister Pankaj Kumar Singh on Tuesday said that Chief Minister Rekha Gupta has called for an emergency review meeting amid a rise in influenza cases in the national capital. Asserting that the situation was under control with adequate doctors and medicines, Singh said Delhi has reported around 3,000 influenza cases this year, which included 2,308 H1N1 infections. Singh said this at a press conference that followed a review meeting with senior officials of the Health Department, MCD

The Delhi High Court on Tuesday asked the FSSAI not to cancel for the time being ITC Ltd's licence over failure to comply with directives asking the conglomerate to remove all 100 per cent claims in relation to its product, 'Aashirvaad M.P Chakki Atta'. Justice Swarana Kanta Sharma granted interim protection to ITC on its petition challenging the FSSAI advisories and notices to discontinue the usage of the term 100% for its product or face suspension of FSSAI License. Since the issue regarding j

India has sharply increased purchases of liquefied petroleum gas (LPG) and liquefied natural gas (LNG) from the United States as disruptions linked to the conflict in West Asia constrain supplies from traditional Gulf suppliers, data from maritime intelligence firm Kpler showed. India imported about 0.62 million tonnes of LPG from the United States in August, in addition to 0.89 million tonnes in July, accounting for more than 73 per cent of the country's LPG imports, according to Kpler data. Th

The three battery energy storage projects will collectively add 6 GWh of storage capacity and include grid interconnections, substations and underground cables

Hyderabad (Telangana) [India], August 25: A new kind of learning environment opened its doors to children and families in Nanakramguda, Hyderabad, in July 2026. At Sagebrook International School, the space itself is treated as a partner in a child's development rather than a container for it. Created in partnership with Whitgift School UK, the campus is a first-of-its-kind in Hyderabad: a school where biophilic design and a neuro-inclusive philosophy shape every space a child moves through.

The US has sanctioned four India-based companies for importing petroleum and petrochemical products from Iran, according to a press release by the US State Department. US Treasury Secretary Scott Bessent on Monday announced 'Operation Economic Outcast', which essentially involved new sanctions that aim to block all potential sources of revenue for Iran. The US has also told countries to cut economic ties with Tehran or face retaliation. Bessent described it as an unprecedented campaign to sever

Bengaluru (Karnataka) [India], August 25: Inflow Technologies, a leading value-added distributor of ICT infrastructure solutions, and 1Kosmos, a leader in unifying identity proofing and passwordless authentication, today announced a strategic distribution partnership to bring the 1Kosmos platform to organizations across India. Together, the companies will help enterprises verify a person's identity before issuing credentials, replace password-dependent access, and reduce identity impersonation,

Natco Pharma on Tuesday said it is investing USD 14 million (over Rs 130 crore) in eGenesis Inc, a US-based biotechnology firm, through its two subsidiaries. As part of the transaction, Natco Pharma (Canada) Inc will invest USD 9.5 million and Natco Pharma South Africa Proprietary Ltd USD 4.5 million in eGenesis through convertible promissory notes, the Hyderabad-based company said in a regulatory filing. eGenesis is pioneering a genome engineering-based approach in the development of safe and e

Federal Bank shares fell 4 per cent after it issued a clarification on reports that it may acquire a controlling stake in Jana Small Finance Bank.

The main source of uncertainty remains the US-Iran standoff and the continuing disruption around the Strait of Hormuz.

Yash-starrer Toxic has made a strong start in advance sales ahead of its August 26 release. With bookings yet to fully open in Telugu markets, its Day 1 tally has crossed 40 crore

The Supreme Court on Tuesday declined to direct the reopening of CBSE's portal for the re-evaluation of class 12 answer sheets for students with complaints with the On-Screen Marking (OSM) system. CBSE's OSM evaluation system is a digital grading method where teachers assess scanned copies of physical answer sheets on a computer instead of checking physical paper scripts. A bench comprising Chief Justice of India Surya Kant and Justices Joymalya Bagchi and V Mohana said the portal was opened for

Sebi has disposed of proceedings against Max Financial Services, Max Life, and Axis Group entities over an alleged Rs 3,911 crore shareholder loss, with the markets regulator finding that disclosure lapses and a fraudulent scheme were not established. Max Life Insurance Company is now known as Axis Max Life Insurance. The Securities and Exchange Board of India (Sebi), in a final order passed on Monday, dropped proceedings against seven individuals, including Max Group founder and Chairman Analji

US set for largest mass visa revocation in history targeting up to 200,000 foreigners: officials

Zoox and Tesla are taking different routes to driverless taxis. Here's how their robotaxis differ in design, regulation, manufacturing and deployment

The Himachal Pradesh Board of School Education (HPBOSE) has revised its exam regulations, opening registration for Classes 9 and 11. The application fee is 200 per student

The Karnataka food safety department has also ordered action against suppliers and sellers linked to the online sale of Datura on the three platforms

The US has launched Operation Economic Outcast to isolate Iran by targeting its oil, shipping, technology and financial networks, while warning countries and firms trading with Tehran of sanctions

Both India's men's and women's teams failed to qualify for the semifinals and will now be playing classification matches

CD Projekt says The Witcher 4 is targeting a 2028 release, with Ciri as the protagonist, while The Witcher 3's Songs of the Past expansion is due in 2027

IISER 2026 Round 5 seat allotment results were declared on August 24. Allotted candidates must confirm their admission and remit the seat acceptance fee to secure their seats

In the global market, gold was trading near $4,680 per ounce on Comex, while silver was around $67.80 per ounce

Hindustan Copper OFS: The government has fixed the floor price of 514 a share, implying a discount of 10.4 per cent from the previous close of 574.15 on the NSE.

Brent crude futures were down 9 cents, or 0.1%, at $92.16 by 0104 GMT, while US West Texas Intermediate crude was up 1 cent at $85.02 a barrel

Canada will announce retaliatory tariffs against the United States on Tuesday, an official familiar with the plans told The Associated Press, escalating a trade fight that has sharply worsened since negotiations with the Trump administration collapsed. The official spoke on condition of anonymity because they were not authorised to discuss the plans publicly. Prime Minister Mark Carney said Monday that Canada may need to move away from matching US tariffs dollar for dollar and instead use more t

The Trump administration is preparing to revoke the business and tourism visas of up to 200,000 foreigners who have applied for or are currently seeking asylum status in the United States. If it happens, the move would be the largest single mass revocation of visas in US history and would likely face legal challenges. Unless challenged or revised, the State Department is expected to announce in the coming weeks the revocation of so-called B1 and B2 visas issued between 2016 and 2026 whose holder

Shrikant Chouhan of Kotak Securities recommends buying HDFC Life Insurance and Home First Finance given their strong fundamentals.