Tata Group retail firm Trent, owner of Westside and Zudio, is confident of achieving a ten-fold increase in revenue in the 'not-so-distant future' and plans to take its homegrown brands to international markets, said Chairman Noel N Tata.
'India was the emirate's largest international source market by hotel guest volume.'
The Bombay High Court has ordered the Maharashtra Food and Drug Administration (FDA) to pay Rs 5 lakh compensation to a Pune-based sweets shop. The court criticised the FDA for suspending the shop's license despite a 98 per cent compliance report, calling its policy "strange and perverse" and stating the regulator was "going overboard."
The Finance Ministry has dismissed allegations of US pressure influencing the 0.4% Merchant Discount Rate (MDR) on select UPI transactions. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI and do not favour international cards. The ministry also asserted that the MDR, applicable to person-to-merchant transactions above Rs 2,000, is unlikely to increase cash transactions or cause inflation, with measures in place to prevent burdening consumers.
The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.
The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
Tamil Nadu Chief Minister C Joseph Vijay opened the sluices of the Stanley Reservoir in Mettur on Tuesday for irrigation in the Cauvery delta districts.
West Bengal's Urban Development and Municipal Affairs Minister Agnimitra Pal announced that fines for spitting, littering, open defecation, and using single-use plastic bags will be enforced from Tuesday, with penalties ranging from Rs 100 to Rs 200, aiming to change public behaviour rather than generate revenue.
The US Department of Homeland Security has proposed an additional fee of USD 103,265 for all H-1B visa cap-subject applications, including those eligible for the advanced degree exemption. This new fee aims to recover interagency costs for immigration programmes and would be paid in addition to existing fees. The proposal is open for public comments for 30 days and has drawn criticism from immigration advocates.
Kerala's state-run Bevco has reported record liquor sales during the first eight days of the Onam festive season, reaching Rs 771.29 crore, surpassing last year's figures. Officials anticipate this year's total sales will exceed the Rs 826.38 crore recorded in 2025, despite a slight dip in Uthradam day sales compared to the previous year.
The Bombay High Court has ordered the Maharashtra Food and Drugs Administration (FDA) to pay Rs 5 lakh in compensation to a Pune-based sweets shop. The court criticised the FDA for keeping the shop's license suspended despite a 98 per cent compliance report, calling its policy "strange and perverse."
The United States launched military action against two Iranian launch systems on Larak Island, prompting Iran to claim retaliation with ballistic missile launches targeting two US air bases in Jordan.
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
A six-year-old UKG student tragically died at a private school in Visakhapatnam after allegedly being slapped by a teacher inside the classroom, an incident captured on CCTV footage.
An Indian-origin chief financial officer of a US spinal implant company has been sentenced to a four-month jail term for his role in a scheme to bribe surgeons. Aditya Humad conspired to pay over USD 540,000 in sham consulting fees to surgeons to induce them to use SpineFrontier's products, leading to millions in revenue for the company and undermining healthcare safeguards.
Days after an altercation with a Bharatiya Janata Party block chief, IAS officer Rinku Singh Rahee, posted as sub-divisional magistrate (SDM) of Jalaun tehsil, has been transferred with immediate effect.
Congress leader Rahul Gandhi has approached the Supreme Court to challenge an Allahabad High Court order that directed the CBI and ED to verify allegations of disproportionate assets against him. The Supreme Court is scheduled to hear the matter on August 17. The Allahabad High Court had expressed dissatisfaction with the CBI's progress and ordered a fresh affidavit, also allowing the ED to proceed if illegality was found during its inquiry. The case stems from a plea by a BJP worker alleging disproportionate assets and dual citizenship.
Police in Reasi district detained a drug peddler under the PIT-NDPS Act and destroyed an illegally cultivated opium poppy crop in separate anti-narcotics operations.
Two government officials in Beed district, Maharashtra, have been arrested by the Anti-Corruption Bureau for allegedly accepting bribes. The officials are a Talathi (Village Revenue Officer) and a Gram Sevak (Gram Panchayat Officer).
At least 12 people from Assam were injured in alleged firing by miscreants from Arunachal Pradesh along the interstate border in Dhemaji district on Monday over encroachment of land, the police said.
Ghaziabad authorities have sealed two illegal madrasas in Indirapuram and Loni, citing lack of registration, NOCs, and inadequate facilities. This action is part of an intensified crackdown on unrecognised institutions, which gained momentum following the recent killing of a teenager in the area.
The tax is collected by brokers on behalf of the government and forms a key component of the Centre's tax revenues.
The incident, which occurred early Monday morning, was reportedly caused by a sparking ventilator.
The Supreme Court has provided significant relief to Congress leader Rahul Gandhi by directing the Allahabad High Court to cease proceedings in a case alleging disproportionate assets against him. The apex court also instructed the CBI and ED not to submit any reports based on the high court's previous directives.
Finance Minister Nirmala Sitharaman has urged income tax authorities to significantly accelerate the adjudication of taxpayer appeals.
The Directorate of Revenue Intelligence has conducted a nationwide crackdown on wildlife trafficking, seizing over 440 endangered animals and 15 kg of ivory, and arresting 33 individuals involved in organised crime syndicates.
Heavy monsoon rains have severely impacted Thane and Palghar, Mumbai's neighbouring districts, causing extensive waterlogging, tree and wall collapses, and prompting significant rescue efforts, including the tragic death of a six-year-old child.
The Environment Ministry has removed its private secretary and two additional private secretaries through three separate orders issued on July 3. While one was removed on "administrative grounds" and another "prematurely repatriated," the appointment of the third was terminated, with no specific reasons publicly stated for these significant personnel changes.
A parliamentary standing committee on Information Technology has demanded a personal apology from Meta CEO Mark Zuckerberg for the temporary removal of Prime Minister Narendra Modi's video from Facebook. The committee also discussed potential legal action and the withdrawal of safe harbour protection, while questioning Meta officials on algorithmic bias and accountability.
Maharashtra plans new policy to make domicile certificate mandatory for driving licence from August 2026, alongside efforts to regulate bike taxi services for revenue and job creation.
Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.
Karnataka Deputy Chief Minister G Parameshwara has provided international-standard pole vaulting equipment and financial aid to Sindhushree Ganesh, who will represent India at the Asian Games. Sindhushree, from an underprivileged background, has overcome challenges to achieve national recognition in pole vault, fulfilling her late father's dream.
Authorities in Jammu and Kashmir have attached the immovable property of a proclaimed offender from the Hizbul Mujahideen terror group operating across the Line of Control.
Authorities in Thane district, Maharashtra, have intensified their crackdown on illegal sand mining, destroying equipment worth approximately 9 million in the Bhiwandi taluka.
A joint operation by police and revenue officials in Beed, Maharashtra, resulted in the seizure of 29 illegally stored LPG cylinders intended for black marketing, amidst concerns of potential shortages due to the West Asia crisis.
India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.
India Post has launched three premium delivery services, including 24-hour and 48-hour delivery options, to compete with private courier companies and capitalise on the growing e-commerce market.
Kerala Chief Minister V D Satheesan on Sunday said that eight people have died, an equal number are missing and 13 were injured in the previous day's heavy rains which caused property damage, landslides and waterlogging in many parts of the state.
Divestment has emerged as a priority for the government following a moderation in direct tax collections.
