Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.
Karnataka Power Transmission Corporation Limited (KPTCL) has successfully deployed advanced drone technology for inspecting high voltage transmission corridors, leading to an 85 per cent reduction in power outages. This initiative has improved operational efficiency, workforce safety, and enabled precise fault detection and predictive maintenance across over 11,000 transmission towers and 3,370 km of lines.
Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.
Olympic silver medallist wrestler Ravi Kumar Dahiya and Paralympic bronze medallist high jumper Sharad Kumar have obtained interim relief from the Central Administrative Tribunal (CAT) in their petitions for regularisation of their ad-hoc services with the Delhi government. Both athletes, who resigned from previous stable positions, have been serving in temporary roles within the Directorate of Education for several years without regularisation.
Tamil Nadu Chief Minister C Joseph Vijay actively participated in a 6 km anti-drug marathon at Chennai's Marina Beach, running alongside thousands of participants. This marks a historic first for a sitting CM in the state to complete such an event for a social cause, drawing praise from political figures and reinforcing the government's commitment to a drug-free Tamil Nadu.
'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'
Delhi Police busted a prostitution racket operating under the guise of a spa in Paharganj, arresting one man and rescuing five women after a decoy operation.
Portugal and Colombia played to a 0-0 draw in their final World Cup Group K match, with Colombia securing the top spot and Portugal finishing second. Both teams advanced to the last 32, setting up future clashes against Ghana and Croatia respectively.
Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.
Elon Musk's Starlink is in "active and productive discussions" with the Indian government, awaiting final regulatory clearance, including spectrum allocation, to launch its satellite internet services, despite media reports suggesting a freeze on approvals.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.
Sujata Rout Karthikeyan, wife of former Odisha chief minister Naveen Patnaik's close aide VK Pandian, has formally joined the BJD. Naveen Patnaik welcomed her, emphasising her experience as an IAS officer and her work with women. Patnaik also clarified that he would continue to lead the BJD in the next elections, despite speculation about Sujata taking over. Sujata expressed her dedication to serving the people of Odisha under Patnaik's leadership. Her entry into politics follows her husband's withdrawal after the BJD's recent electoral defeat.
Delhi Police has implemented extensive security and surveillance measures across the national capital in anticipation of the second protest by the Cockroach Janta Party (CJP) at Jantar Mantar. The protest, led by CJP founder Abhijeet Dipke, has received permission and is expected to draw supporters from various regions, prompting the deployment of CCTV cameras, body-worn cameras, barricades, and reserve forces to ensure peace and order.
Jio Platforms Ltd, the digital services arm of Reliance Industries, has filed draft papers for an initial public offering (IPO) aiming to raise approximately USD 4 billion (about Rs 37,700 crore), which is expected to be India's largest ever IPO.
World number one Jannik Sinner survived an early scare in his Wimbledon title defence but the Italian shook off the rust and fought past Serb Miomir Kecmanovic 4-6, 6-3, 6-7(6), 6-2, 6-3 on Monday to reach the second round.
Zelle, a major US peer-to-peer payment service, is set to launch in India by the end of this year, marking its first international expansion. The move aims to tap into India's large remittance market, offering a service similar to UPI but integrated with bank apps. Zelle also introduced ZelleUSD, a stablecoin for future global payment capabilities.
The IRCTC has fined a catering firm Rs 1 lakh and issued a show-cause notice for licence termination after a passenger found a fly in his meal on the Ahmedabad-Mumbai Tejas Rajdhani Express. The firm, Araha Hospitality Pvt Ltd, was warned for lapses in meal preparation and packaging, and instructed to improve hygiene and quality control to prevent future incidents.
Hoardings calling for the social boycott of Punjab Chief Minister Bhagwant Mann have surfaced at several places including Hoshiarpur, Ludhiana, Bathinda and Amritsar in the state.
The US Department of Homeland Security has proposed a nearly 75 per cent increase in the filing fee for Form N-400, the application for US citizenship through naturalisation, raising it from $760 to $1,330. The proposal also seeks to eliminate reduced-fee options and fee waivers, potentially impacting thousands of immigrants, including Indians.
A three-storey under-construction warehouse in Kolkata's Taratala area collapsed, killing three people and trapping several others. Rescue operations are ongoing, with 18 individuals already saved, amid allegations of substandard construction materials and illegal building practices.
Indian benchmark indices Sensex and Nifty rebounded in early trade, recovering from previous losses, driven by softening crude oil prices and renewed buying interest in blue-chip stocks. Analysts note that the fall in Brent crude below USD 77 has removed significant macro headwinds for India, contributing to market stability.
Investigators recovered nearly Rs 80 lakh in cash and some foreign currency from six of the accused.
Google Cloud services in major Indian cities like Delhi, Mumbai, and Chennai are experiencing network disruptions and elevated latency due to a fire at a third-party data centre in Delhi. The incident led to an emergency power shutdown, reducing network capacity and causing intermittent latency spikes despite Google's efforts to reroute traffic. The company is investigating further mitigations to restore full service.
A referendum 10 years ago on this day set the United Kingdom on a new path as a non-member of the European Union (EU) and the turmoil of that Brexit vote continues to play out as the country prepares for its seventh prime minister in a decade.
Lucknow had signed Pant for a tournament-record $3.21 million in the player auction before the 2025 season and put the wicketkeeper-batsman in charge of the squad.
Chennai-based deep-tech startup The ePlane Company has successfully completed the assembly of its full-scale electric air taxi, the e200X. This prototype, designated PT-01, is now ready for ground testing, marking a significant step towards flight testing and eventual type certification. The versatile e200X is designed for passenger air taxi services, urban cargo transport, and air ambulance operations, aiming to leverage existing city infrastructure.
The Reserve Bank of India has approved a three-month extension for Keki Mistry as the interim chairman of HDFC Bank, continuing his tenure until September 18, 2026, or until a regular chairman is appointed.
Police in Meerut have arrested two individuals for allegedly running a fake Common Service Centre (CSC) to open fraudulent bank accounts using forged documents of unsuspecting, needy people. The accused used these accounts for online financial frauds, leading to the recovery of numerous fake IDs, bank cards, and other incriminating evidence.
The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.
Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
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.
The death toll from the Taratala warehouse collapse in south Kolkata has risen to 10, with rescue operations continuing using advanced Army equipment. Five individuals have been arrested, including the warehouse owner and structural engineer, as police investigate potential safety norm violations.
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An Assistant Sub-Inspector of the Border Security Force (BSF), ASI Lal Singh, allegedly committed suicide using his service rifle at a camp in Paloura, Jammu. Officials have initiated an inquest to determine the circumstances and motive behind the incident. Singh had recently rejoined his unit after a month-long leave.
NITI Aayog member Abhay Karandikar stated that the US government's new export controls, which led AI giant Anthropic to take its latest models offline, underscore the critical need for India to achieve self-reliance in technology development, particularly in AI infrastructure and hardware.
In a major shift in Middle Eastern energy and security dynamics, the US Department of the Treasury on Monday issued a temporary 60-day general licence authorising transactions related to the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products.
'...when it is going to start witnessing a hockey stick growth in terms of music streaming and paid music streaming.'
Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.
