Latest News
Refresh- Could Mercury really have a hidden diamond layer? Explore the new findings
Researchers speculate that Mercury may have a thick diamond layer below the surface. They discovered that graphite may change into diamond crystals by simulating harsh environments, which may provide light on exoplanets and planetary architecture. More information may come from missions in the future.
- Indian embassy issues advisory for nationals in Israel, asks them to stay vigilant
The Embassy of India in Israel issued an advisory for Indian nationals on Friday due to rising tensions in the region. The advisory urges Indian citizens in Israel to remain vigilant and follow safety protocols as instructed by local authorities.
- Amazon shares fall 10% on slowing sales growth, ‘value-conscious customer’
Shares of Amazon.com fell nearly 10% on Friday after the company reported slowing online sales growth in the second quarter and said consumers were seeking out cheaper options for purchases.
- Deadpool, Wolverine to feature in next Avengers movies? What we know so far
"Deadpool & Wolverine" climax has raised curiosity of Avengers fans with many predicting Deadpool and Wolverine will feature in next Avengers movies.
- Red flag over Iran's Qom mosque: All-out war on Israel?
Iran hoisted a red flag over a mosque in Qom after Hamas leader Ismail Haniyeh was killed in Tehran, allegedly by Israel. Ayatollah Khamenei ordered retaliation, increasing fears of further conflict. The event succeeded Israeli strikes killing Hezbollah commander Fuad Shukr. UN Security Council members called for diplomatic efforts to prevent escalation. Analysts suggest Iran might gauge its response to avoid US involvement. Hezbollah hinted at coordinated retaliation, indicating potential upcoming coordinated actions against Israel.
- Sebi unveils new system to streamline IPO approvals with simplified template
The Securities and Exchange Board of India (Sebi) plans to create a new system to speed up approvals for initial public offer(IPO). In this proposed system, the regulator plans to create a template where IPO-bound companies would need to just fill in the blanks to get the go-ahead for the issue.
- Amazon Marathon Store - Up to 50% on sports shoes from Puma, Nike, Reebok and more
Amazon Marathon Store offers unbeatable savings on sports shoes with discounts of up to 50% off. Explore a diverse range of high-performance footwear from leading brands like Puma, Nike, and Reebok, designed to enhance your workout and running experience. Whether you're training for a marathon or just looking for comfortable athletic shoes, selection provides quality, style, and exceptional value.
- Byju’s-BCCI settlement done; Delhivery back in black
The appellate tribunal’s nod for Byju’s settlement with the BCCI will help the embattled edtech firm stave off insolvency proceedings for now. Details of this and more in today’s ETtech Top 5.
- Jairam Ramesh submits privilege motion notice against Amit Shah over remarks in RS on Wayanad landslides
Congress leader Jairam Ramesh submitted a notice to move a privilege motion against Union Home Minister Amit Shah, accusing him of misleading the Rajya Sabha regarding early warnings issued to Kerala before the Wayanad landslides. Ramesh cited media fact-checks contradicting Shah's claims and called for privilege proceedings against the minister. Shah had stated that the Centre had provided advance warnings to Kerala about floods and landslides, but Kerala's Chief Minister contested this, stating that the IMD had only issued an orange alert before the disaster.
- It's all created by media and is restricted to it: Devendra Fadnavis on buzz over BJP chief post
Maharashtra Deputy Chief Minister Devendra Fadnavis denied media reports suggesting he might be named BJP president, taking over from J P Nadda. During a Nagpur meeting, he clarified these rumors originated from the media. He also confirmed a five-year waiver on farmers' electricity bills, issued through a government resolution, highlighting ongoing support.
- Nasdaq falls 10% from record high confirming Big Tech correction
The Nasdaq Composite index fell 2.2% on Friday, putting it on track to confirm it is in a correction following concerns about pricey Big Tech valuations and a cooling economy.
- Tamilnad Mercantile Bank reports a 10% rise in net profit for June quarter
Tamilnad Mercantile Bank saw a 10% rise in net profit for the June quarter, reaching Rs 287 crore compared to Rs 261 crore in the same period last year. Operating profit increased to Rs 469 crore, and gross non-performing assets decreased to 1.44%. The bank also grew its advances by 9.6% and deposits by 4.6% year-on-year.
- Market mayhem: From US to Japan, why stock markets are tanking?
Some experts believe that the US economy remains strong despite the stock market meltdown on Thursday. It has been reported that the broadest measure of the US economy is robust and it also shows consumer spending resilience.
- Trai tightens quality norms around 4G and 5G networks
Further, to achieve time bound action on quality of service (QoS) related isissuesthe Telecom Regulatory Authority of India (Trai) Friday introduced provisions for financial penalties for all services. For the first time, the Trai notified QoS benchmarks for 5G services as the technology was launched in October 2022 in India.
- Some passengers use fake letterheads to avail emergency quota: Railway Minister Ashwini Vaishnaw
According to the railway minister, approximately 36 per cent of the berths or seats earmarked under emergency quota were utilised on an average during the financial year 2023-24. "However, since a large number of requests are received from various quarters and are dealt with on a day-to-day basis, details of requests received for release of accommodation out of emergency quota are only preserved as per extant guidelines," he said.
- Sebi to release paper on easing norms for investment advisor registration next week
Capital markets regulator Sebi will early next week come out with a consultation paper on making it easier to become a registered investment advisor, a senior official said on Friday. The move has come amid Sebi efforts to contain the activities of unregulated 'fin-influencers'.
- Nasdaq slumps 2.4%, S&P 1% after weak jobs data
he Dow Jones Industrial Average fell 272.6 points, or 0.68%, at the open to 40,075.33.
- Uddhav's allegations about arrest fake narrative, says Maha CM Shinde; hails Ladki Bahin scheme
Chief Minister Eknath Shinde has labeled Uddhav Thackeray's arrest claims as a "fake narrative" and criticised him for using inflammatory language. At the launch of the 'Ladki Bahin Yojana,' which offers financial aid to women, Shinde defended the scheme against opposition criticism. He asserted its long-term commitment and emphasising additional benefits like free gas cylinders and educational support for girls.
- 2 dead, 12 hospitalised after consuming food at wedding in Udhampur
Jammu and Kashmir: The victims began showing symptoms of vomiting and diarrhoea after the wedding on July 31. The alarming condition prompted immediate medical attention, but unfortunately, two children were declared dead upon arrival at the hospital. The remaining twelve people are receiving treatment for severe food poisoning.
- Wayanad: Death toll mounts, may rise further as missing people add to worries
Tuesday's landslides in Wayanad resulted in 333 deaths, with 280 people still unaccounted for. The army and NDRF have been conducting rescue operations, utilizing a swiftly built Bailey Bridge. Authorities are cremating unidentified bodies, and the Congress pledges to build 100 houses for rehabilitation efforts. Relief efforts remain the focal point.
- ‘Bigg Boss OTT 3’: From Armaan-Kritika’s explicit clip to Sana -Ranvir’s Showdown, 7 Controversies
Controversy is inseparable from 'Bigg Boss,' and the latest season of 'BBOTT' has upheld this reputation with its vibrant personalities and sensational events. This season's most notable incidents include a viral video involving YouTuber Armaan Malik and Kritika Malik, intense arguments between Sana Makbul and Ranvir Shorey, and comments made by Vishal Pandey about Kritika Malik.
- Air India Express gears up for unprecedented Independence Day weekend
The airline, in a statement to ET, said it is witnessing a remarkable increase in both domestic and international travel, with popular destinations like Goa, Jaipur, and Dubai seeing the most demand.
- India may take 75 years to reach one-quarter of US income per capita: World Bank
A World Bank report highlighted that over 100 countries, including India, will face significant challenges in achieving high-income status in the coming decades. The projections suggested that India may take up to 75 years to reach one-quarter of US income per capita. The report emphasised the need for middle-income countries to adopt more sophisticated policies to avoid getting stuck in the "middle income trap" and outlines strategies for achieving high-income status.
- Hockey: India stun Australia, register first win in 52 years in Olympics
India's men's hockey team clinched a remarkable 3-2 win against Australia in their final Pool B match, with skipper Harmanpreet Singh scoring twice. The team's aggressive and resilient play dominated the game, despite Australia's attempts. India's early lead, with a goal from Abhishek and two from Harmanpreet, secured them a hard-fought victory. This win almost assures India the second spot in the pool standings, marking their first Olympic triumph over Australia since 1972. The Indian defense, particularly the efforts of PR Sreejesh, was instrumental in securing this victory.
- Fintech startup Navi to unveil new products; tap UPI-based credit opportunities
According to founder Sachin Bansal, credit on UPI can help banks offer their services to 30 crore Indian consumers and businesses. This could prove to be a “game-changer” for MSMEs, which contribute 30% to the GDP but often face a credit supply shortfall.
- Finance Minister Nirmala Sitharaman to address RBI board on August 10
Finance Minister Nirmala Sitharaman would be accompanied by Minister of State for Finance Pankaj Chaudhary and Finance Secretary and Secretary, Department of Expenditure TV Somanathan.
- What happened to Sharon Stone’s eye? Actress shares details and vacation highlights
In an effort to reassure her followers following a recent injury, Sharon Stone posted updates on Instagram. She thanked everyone for their concerns and shared photos from her holiday in Turkey, along with a family time with her son before he leaves for pre-med school.
- Global Beauty Store on Amazon - Luxury makeup, Korean skincare, Premium perfumes and International hair care on BIG SALE
Global Beauty Store on Amazon is your ultimate destination for premium beauty products at exceptional prices. From luxurious makeup and innovative Korean skincare to sophisticated perfumes and high-end hair care, this extensive range features top international brands now available on big sale.
- NCLT approved record 269 resolution plans in FY24
The National Company Law Tribunal (NCLT) approved a record 269 resolution plans under the insolvency law in 2023-24. This marks a 42 percent increase from the previous year, according to a report by Crisil Ratings. This surge was largely due to a greater investor interest in the turnaround of stressed assets and the appointment of new NCLT members.
- Telangana needs to repay borrowings of Rs 2.86 lakh crore in 10 years, says CAG
The Telangana government faces the challenge of repaying over Rs 2.67 lakh crore in loans borrowed from the market by FY33, as its Gross State Domestic Product grew at an average rate of 15.09 per cent from 2018-19 to 2022-23. The Comptroller and Auditor General's report highlighted the state's liabilities, including the obligation to repay Rs 19,210 crore to financial institutions. The state's debt servicing could strain its finances, with a Debt to GSDP ratio exceeding targets set by the TSFRBM Act and the XV Finance Commission.
- Govt assures to look into demand for higher pension, says pensioners body EPS-95 NAC
The government assured to consider increasing the minimum monthly pension to Rs 7,500 for 78 lakh pensioners after their recent protests. Union Minister Mansukh Mandaviya met with the EPS-95 National Agitation Committee to discuss these demands, highlighting the financial difficulties faced by pensioners who receive as little as Rs 1,000 monthly.
- Is there a fear of recession in the U.S? Here's all you need to know
Fed Chair Jerome Powell has hinted at cutting the bank rates in September, but it failed to satisfy the stock exchange sentiments, further indicating recession in the US economy.
- Olympic boxer fears getting killed or jailed in her home country if she ever goes back, but why?
Ace boxer Cindy Ngamba, who is a Cameroonian boxer, is facing constant fears of being killed or jailed in the case she ever returned to her home nation. She is currently participating in the Paris Olympics 2024 on behalf of the Refugee Olympic Team. Here are some details around the boxer and her relations with her home country.
- Jharkhand assembly passes Bill to levy cess on mined minerals
The Bill proposes varying tax rates for different minerals on a per-metric-tonne basis: Rs 100 for coal and iron ore, Rs 70 for bauxite, and Rs 50 for manganese ore and other minerals. AJSU legislator Lambodar Mahto and CPI (ML) legislator Vinod Kumar Singh suggested sending the Bill to a Select Committee due to technical concerns.
- Stopping infiltration is everyone's responsibility, not just Centre's: Himanta
Assam CM Himanta Biswa Sarma insisted that stopping infiltration is a shared responsibility. He cited significant increases in infiltrator populations in Assam and Jharkhand, urging state action. Sarma also challenged Rahul Gandhi's idea of a caste survey that excludes revealing one's own caste details.
- No-claim bonus in health insurance: All you need to know
The article explored the impact of pollution and other factors on health, and how health insurance with a no-claim bonus can help. The no-claim bonus increases coverage or reduces premiums for claim-free years. It detailed cumulative bonuses, premium discounts, and conditions for retaining bonuses even after filing claims while emphasizing considerations when choosing an insurance provider.
- Tech View: Sell-on-rise mode switched on till 24,800. Here’s how to trade Nifty next week
Nifty on Friday ended 293 points lower to form a reasonable negative candle on the daily chart, indicating a short-term top reversal pattern for the index at the new high of 25,078 level.
- US job growth misses expectations in July; unemployment rate rises to 4.3%
U.S. job growth slowed in July, with nonfarm payrolls increasing by 114,000 jobs, below expectations. The unemployment rate rose to 4.3%. Hurricane Beryl impacted the figures. The labor market slowdown is due to reduced hiring, not layoffs, influenced by Fed interest rate hikes. Wage growth, at 3.6% over 12 months, remains above inflation targets. The employment report supports expectations of a September rate cut by the Federal Reserve.
- India, EFTA trade pact under ratification process: Jitin Prasada
The Trade and Economic Partnership Agreement between India and EFTA, signed in March, awaits ratification in Iceland, Liechtenstein, Norway, and Switzerland. The deal promises investment benefits and reduced duties on select products. India's trade with EFTA hit USD 24 billion in 2023-24, with a trade gap favoring EFTA.
- With temperatures soaring in Paris Olympics, Sports Ministry dispatches 40 ACs for Indian athletes
Facing high temperatures and inadequate cooling at the Paris Olympic Games Village, Indian athletes received 40 portable air conditioners from the Ministry of Sports. This decision followed talks with the Indian Olympic Association and the French Embassy. The move aimed to ensure athletes’ comfort and improve their rest and performance amid Paris's heat wave.
