Tata Steel plans to invest approximately Rs 20,000 crore in capital expenditure during the current financial year (FY27), a significant increase from the previous year, with 60 per cent of this allocation directed towards its India business for expansion, new technologies, and sustainability.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
Investigators have revealed that the pilot of a small plane that crashed into Beijing's tallest skyscraper, the CITIC Tower, suffered from long-term anxiety and had expressed suicidal thoughts in his diaries. The incident, which killed the pilot and injured 13 others, has raised significant security concerns in the highly sensitive Chinese capital, especially given strict airspace regulations.
Investigators have revealed that the pilot of a small plane that crashed into Beijing's tallest skyscraper, the CITIC Tower, suffered from long-term anxiety and had expressed suicidal thoughts in his diaries. The incident, which killed the pilot and injured 13 others, has raised significant security concerns in the highly sensitive Chinese capital, especially given strict airspace regulations.
A light sport aircraft crashed into Beijing's Citic Tower, the city's tallest skyscraper, causing an immediate evacuation and scattering debris. The incident, which occurred in the prominent business district, has raised concerns, with authorities yet to comment and the origin and circumstances of the crash remaining unknown. The aircraft was identified as a Sunward SA60L Aurora, and the crash highlights recent stringent regulations on recreational flying in Beijing's airspace.
A light sport aircraft crashed into Beijing's Citic Tower, the city's tallest skyscraper, prompting immediate evacuations. The incident occurred despite stringent airspace regulations in the Chinese capital, with details on casualties and the aircraft's origin still unclear.
Aamir Khan and Gauri Spratt tied the knot in a registered marriage ceremony in Mumbai.
Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.
West Bengal's annual July 21 Martyrs' Day observance has transformed into an unprecedented political contest, with three rival camps - Mamata Banerjee's Trinamool Congress, a breakaway TMC faction, and the Congress - holding parallel programmes in central Kolkata, each vying for legacy and organisational strength.
A recent survey reveals that Artificial Intelligence is becoming a central focus in human resource management, with a majority of professionals identifying it as a top priority for improving efficiency, reducing costs, and optimising workforce planning across various HR functions.
'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'
The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.
'Midcaps and smallcaps are the 'go-to segments' for retail investors.'
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'
India's Goods and Services Tax (GST) collections saw a significant 14 per cent increase in June, reaching approximately Rs 1.95 lakh crore. This surge was primarily driven by a substantial 34.6 per cent growth in tax mop-up from imports, alongside a 6.5 per cent rise in domestic supplies, reflecting the country's economic resilience despite global uncertainties.
Aamir Khan has officially tied the knot with Gauri Spratt in a private registered marriage ceremony, with exclusive inside pictures revealing the couple's first moments as husband and wife.
Spanish football coach Manolo Marquez has criticised the expansion of the FIFA World Cup, arguing it compromises quality and that countries like India should prioritise grassroots development over relying on increased qualification slots. He also highlighted the impact of naturalised players on international competition, citing his experience with the Indian team.
Activist Sonam Wangchuk was forcibly removed from his indefinite hunger strike at Jantar Mantar by Delhi Police, sparking outrage and renewed determination among protesters who vowed to continue their demonstration.
A new report reveals a significant shift in India's AI hiring landscape, moving from experimental roles to those focused on deployment, integration, and scaling of AI solutions. Employers, including GCCs, IT services, and enterprises, are increasingly seeking professionals who can implement AI across core business operations, leading to a demand for core AI roles that currently outstrips the available supply.
Meta on Tuesday published a detailed blog outlining its efforts to combat child sexual abuse material across its apps, citing AI-powered detection, ad review systems and large-scale enforcement actions, days after the government issued a notice to the social media giant over reports of Instagram advertisements promoting such content.
A container truck collided with a motorcycle and a car on the Latur-Nanded highway in Maharashtra, resulting in three fatalities and two serious injuries. The truck driver fled the scene, and police are investigating the hit-and-run incident.
The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.
Tata Electronics has surpassed Taiwanese giant Foxconn in assembling iPhones for export from India during the FY22-FY26 PLI scheme period, with exports valued at $26.3 billion compared to Foxconn's $25.6 billion.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.
'Relationships are never as simple as outsiders imagine, and it's unfair to assume only one person is responsible when a marriage ends.'
India has successfully negotiated the protection of its steel export interests under the free trade agreement with the UK, ensuring 85 per cent of its outbound shipments remain outside Britain's steel safeguard measures. This consensus addresses a key sticking point ahead of the comprehensive economic and trade agreement (CETA) coming into force on July 15.
Passenger vehicle sales in India are estimated to have surged by nearly 25 per cent in June 2024, reaching approximately 4 lakh units, with Maruti Suzuki, Tata Motors PV, and Mahindra & Mahindra leading the growth, despite concerns over geopolitical tensions and monsoon impact.
The Reserve Bank of India's Financial Stability Report indicates that the interim peace deal between the US and Iran has favourably shifted the balance of risks, reducing headwinds from the West Asia conflict. However, it cautions that exchange rate volatility could increase if crude oil prices spike due to delayed normalisation of supply chain disruptions.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.
'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.
India achieved a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, primarily boosted by robust services exports and increased remittances from overseas Indians, according to recent Reserve Bank of India data.
'Exploration should be made easier and companies should be given operational flexibility.'
Loans to micro, small and medium enterprises (MSMEs) in India saw moderated growth in April 2026, with early signs of stress emerging among micro borrowers and manufacturers, according to a report by credit bureau CRIF High Mark. The slowdown is attributed to potential impacts of global uncertainty.
Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.
The Municipal Corporation of Delhi (MCD) has inducted eight new truck-mounted Mechanical Road Sweeping (MRS) machines into its sanitation fleet to strengthen mechanised cleaning and curb dust pollution in the national capital.
'A prime hire can have a salary as high as Rs 11 lakh at the entry level and above.'
As Shastri Bhawan nears demolition, one of Delhi's most iconic government buildings leaves behind six decades of stories, power, journalism and public life.
A new white paper released by the Tamilaga Vettri Kazhagam (TVK) government reveals that Tamil Nadu's direct debt has nearly doubled to an alarming 10 trillion in the past five years, exposing significant fiscal strain and a substantial debt burden on every citizen.
Domestic LPG and commercial cylinder prices in India have seen a significant increase, driven by rising global energy costs linked to the conflict in West Asia. This marks the second price hike in less than a year, impacting households and businesses.
