The Economic Times
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The government has extended Enforcement Directorate Director Rahul Navin's tenure by one year. His service will now continue until August 13, 2027, after his superannuation. Navin, an IRS officer, has led the agency as full-time chief since August 2024. Under his leadership, the agency pursued high-profile money laundering investigations. The ED focuses on asset restitution and filing prosecution complaints in financial crime cases.
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.
ACME Solar Holdings plans to invest 15,000-20,000 crore to expand its renewable energy business, with battery storage as a key focus. The company aims to deploy about 10 GWh of battery capacity this year and enter the data centre power market.
Jharkhand students allege government lies regarding recruitment exam demands being met. They state only three of thirteen competitive tests were cancelled by the administration. Protesters are seeking support for a peaceful Vidhan Sabha March on August tenth. They aim to expose irregularities in state examinations through a CBI probe. The students desire to remove the job-selling system through their non-violent agitation.
Quote of the Day by Bruce Lee: Bruce Lees quote, Adapt what is useful, reject what is useless, and add what is specifically your own, explores the importance of adaptability, critical thinking, individuality, and personal growth. The quote suggests that people should learn from useful ideas and experiences while letting go of what no longer serves them, ultimately creating their own approach to life rather than simply following others.
Indian REITs could gain greater tax flexibility under the Taxation and Other Laws (Amendment) Bill, 2026, which allows SPVs to opt for concessional corporate tax rates, avoid future MAT and use accumulated MAT credits while retaining tax-exempt dividends for unitholders.
An Indian man in Australia explained salary conversion differences to his family. His AU$100,000 annual income appears large when converted to Indian rupees. However, taxes and living expenses significantly reduce his actual savings in Australia. He detailed how Australian costs impact the real value of his earnings. This highlights how currency conversion does not reflect local spending power.
Quote of the Day by Robert Downey Jr.: Robert Downey Jr.s quote, I dont think Im in any position to give anybody advice about anything, explores the importance of humility, self-awareness, and recognizing the limits of personal experience. The quote suggests that even successful people should not assume they have all the answers or know what is best for someone else. Instead, life experiences can teach people to listen, reflect, and understand that everyone follows a different path.
Jharkhand administration will consider cancelling key examinations after talks with student representatives. High-level investigations into recruitment irregularities have also been proposed by the state government. Student leaders stated that protests will continue as consensus was not reached on all demands. Three Jharkhand Public Service Commission members resigned following the state government's recommendation. The Governor accepted these resignations amid ongoing student concerns over exam
Quote of the Day by Brad Pitt: Brad Pitts quote, Personally I like ageing. With age comes wisdom and I have said it before and I say it again, I will take wisdom over youth any day, explores the value of growing older and gaining wisdom through life experiences. The quote suggests that ageing should not be viewed simply as a loss of youth, but as a journey that brings greater understanding, maturity, perspective, and knowledge. It encourages people to appreciate the lessons that come with age an
Enforcement Directorate Director Rahul Navin's tenure has been extended by one year. This extension will keep him in his role until August 13, 2027. Navin, an IRS officer, has led the agency since August 2024. His leadership has seen investigations into several high-profile cases. The ED continues its work on financial crimes and asset recovery efforts.
Bihar will establish committees to reform its examination system and study global technology-based models. The government aims to create a leakage-proof assessment process for students across the state. A state-level committee will also enhance the quality of education and transform schools. Direct interactions with students will gather suggestions and address grievances effectively.
Suffering from excessive heat in your body and having issues such as painful urine and UTIs as a woman? A nutritionist has shared the recipe for the perfect homemade drink to bid goodbye to these problems.
Nikhil Kamath's reading list extends beyond finance into psychology and biology. His book selections offer insights into wealth, behavior, and life's complexities. Kamath shared his thoughts on several titles, rating them and explaining their impact. Books like 'The Psychology of Money' and 'Caste' were highlighted. These works explore human behavior, social hierarchies, and mortality.
In 1981-82, the Chatham Island black robin faced dire straits, with just five birds remaining. To combat this decline, wildlife officials implemented cross-fostering, prompting the robins to produce multiple eggs. This remarkable tactic successfully boosted their numbers to twelve. Now, around 300 black robins flourish on Mangere and South East islands, exemplifying a significant triumph in the conservation of endangered wildlife.
Indian doubles coach Tan Kim confirms Satwiksairaj Rankireddy is fully fit for the championships. The focus for Satwik and Chirag Shetty is to take it one match at a time. Ayush Shetty faces defending champion Shi Yuqi in an exciting first-round match. PV Sindhu has struck form and avoids top seeds before medal rounds. Indian players are encouraged to play confidently and enjoy home support.
VVS Laxman was offered the Team India head coach role in 2023. He declined the position due to personal reasons and stayed with the Centre of Excellence. Laxman committed to establishing the CoE's structure and protocols before moving on. The new Centre of Excellence facility was inaugurated in September 2024. Laxman has led the facility since late 2021, expanding its capabilities.
India could diversify exports if the US imposes steep tariffs linked to Russian crude purchases, economist SP Sharma said. He estimates a $200-billion opportunity across 15 alternative markets for products India currently exports to the US, including Europe and West Asia.
India achieved a four-wicket victory against Sri Lanka XI in their warm-up match. Skipper Shubman Gill and Yashasvi Jaiswal led the run-chase with a century partnership. Devdutt Padikkal scored a remarkable 142 not out in India's first innings. Sri Lanka XI posted 200/6 in their second innings before declaring. Mohammed Siraj and Saransh Jain remained unbeaten to seal the win for India.
Jharkhand Chief Minister Hemant Soren pledged transparent justice for protesting youths. He asserted that dialogue, not force, resolves issues and warned against politicizing the student stir. Soren stated that those involved in exam irregularities will face strict action. He urged young people to bring their concerns directly to the government. The ongoing protest entered its sixteenth day with hunger strike participants.
An orange alert warns of heavy rainfall in three Himachal Pradesh districts over two days. Torrential rains have already caused 118 road closures and impacted water supply projects. Since monsoon onset, 68 people have died in rain-related incidents across the state. The state has suffered significant financial losses amounting to Rs 835 crore. A wet spell is predicted to continue in Himachal Pradesh until August fifteenth.
VVS Laxman addressed player injuries and workload management at the BCCI Centre of Excellence. He emphasized understanding player rehabilitation and the mental aspects of recovery. Managing an all-rounder's workload requires continuous fitness improvement and productive use of breaks. New fitness tests, including the Bronco test, are being implemented for contracted players. The Yo-Yo test is not used during series due to its demanding nature on players.
Bengaluru's Food Safety and Drug Administration conducted surprise inspections at several high-end hotels. Officials discovered expired food, unhygienic storage, and improper labelling during these inspections. Several prominent hotels faced action for alleged food safety violations and non-compliance with regulations. The department seized expired products and collected samples for laboratory testing. These inspections were initiated following public complaints about substandard food practices.
Iran is not currently engaged in direct negotiations with the United States, while messages between the two sides are being exchanged through intermediaries, Iranian Foreign Minister Seyyed Abbas Araghchi said on Sunday.
British authorities constructed an enormous hedge across India to enforce a salt tax. This living barrier aimed to prevent smuggling of cheaper salt into high-taxed regions. The extensive system employed thousands of personnel and significant resources for its maintenance. Ultimately, administrative changes and uniform tax rates led to the hedge's abolition.
Bihar's Chief Minister Samrat Choudhary announced significant education system reforms. A special committee will ensure quality education reaches every school. Examination reforms aim for smoother, transparent, and modern assessment processes. Collaboration camps will facilitate dialogue on education and student welfare initiatives.
IN-SPACe seeks private partners to manage ISRO's new launch complex. This facility will support small rocket launches and enhance launch efficiency. Private entities will handle end-to-end operations and maintenance of the complex. ISRO will provide initial technical and operational support for capability development. This move supports India's growing commercial space sector and launch infrastructure.
Coach Park Tae-Sang celebrates two Super 300 titles won by young Indian players. He aims to develop a new generation of Indian badminton stars for future success. The focus now shifts to qualifying for the 2028 Los Angeles Olympic Games. Players must improve endurance, mental strength, and on-court speed significantly. Park believes India's future in singles badminton looks very strong.
Using aluminum foil is an effective trick to eliminate light rust from exhaust fan surfaces. This method works well on unpainted steel and iron, requiring only a gentle rub. However, it is not suitable for severe rust damage or painted surfaces. Always remember to unplug and ensure the fan is dry prior to cleaning. Consistent cleaning and drying can help prevent future rust issues.
LED bulbs may malfunction due to design flaws and excessive heat accumulation. When one diode burns out, the entire bulb may cease to operate. By locating and bypassing the defective diode, it's possible to revive the bulb. Scraping the diode will uncover metal pads for connectivity, and employing soldering or adhesive tape can seal the repair efficiently.
Radcliffe Line 1947: In 1947, British lawyer Sir Cyril Radcliffe chaired the boundary commissions that demarcated the Radcliffe Line, dividing the provinces of Punjab and Bengal between India and Pakistan during Partition. The boundary, drawn with religious and demographic considerations among the factors, triggered an unprecedented wave of mass migration and widespread communal violence. The consequences of Partition had a profound and lasting impact on the social, political and economic fabric
Indian artists are using their work to advance marriage equality discussions. Aksh Diwan Garg's paintings depict wedding guests, highlighting exclusion and belonging. Shakibul Islam's art celebrates parenthood and love over societal biases. Children's books by Ameya Narvankar and Lavanya Karthik feature lesbian couples. These artists portray queer love and its possibilities within everyday Indian life.
Ashmita Chaliha clinched her maiden BWF World Tour title by defeating Chinas fourth-seeded Han Qian Xi 14-21, 21-14, 21-14 in the Korea Masters Super 300 final. The 26-year-old Indian overcame a slow start and a closely contested decider to complete a remarkable comeback following her knee injury and rehabilitation.
Grab the chance to purchase the Apple iPhone 17 at a special price during the Flipkart Freedom Sale. This stunning smartphone showcases a 6.3-inch OLED display driven by Apple's advanced A19 chip. You can enhance your savings further by trading in your iPhone 15 Pro. Additionally, bank credit card cashback offers amplify your discount. Easy EMI plans begin at a budget-friendly monthly rate.
West Bengal plans land law reforms to aid industrial land acquisition. The government seeks to simplify processes for recorded sharecroppers no longer cultivating land. Reforms will focus on land holding and utilization restrictions for large projects. New models for land aggregation are being considered to facilitate industrial parks. The state aims for top industrial investment status within the next decade.
According to the Tribunals Reforms Bill, its key aim is to improve efficiency, ensure independence, transparency and uniformity in the qualification and appointment of chairpersons and members for various tribunals.

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