The Union Cabinet has approved changes to the IBC to reduce resolution timelines and introduce structural reforms. The revised Bill, to be presented in Parliament, includes provisions for creditor-initiated and group insolvency. It also addresses delays and introduces a cross-border framework.
Aavas Financiers has named Manu Singh as the new MD and CEO, replacing Sachinder Bhinder who resigned due to personal and professional reasons. Singh's appointment is awaiting approval from shareholders and RBI. Bhinder will remain as senior advisor.
Akshayakalpa, a successful organic dairy brand in Bengaluru, is investing Rs 200 crore to expand to Mumbai and Pune. It will focus on the premium dairy market, offering milk at Rs 100-110 per litre, and introduce new products like cheese, paneer, curd, and eggs.
Lucy Guo, the 30-year-old founder and CEO of Passes, has dethroned Taylor Swift as the world's youngest self-made female billionaire. Her daily schedule, which includes a 5:30 a.m. start and a rigorous workout regimen, has attracted attention since her company, Scale AI, was valued at $29 billion.
Odisha's railway network is rapidly expanding with projects worth ₹90,000 crore underway, including the Khurda Road–Balangir rail line and a redevelopment plan for Brahmapur Station. This plan will enhance passenger facilities and modernize the station. Additionally, 59 other stations in Odisha are being upgraded, which will reduce platform congestion and waiting times for passengers.
Indian Railways has launched Summer Special Express trains between Chennai and key destinations in eastern India to ease the rush during summer. These "Trains on Demand" will benefit students, families, and working professionals traveling between Tamil Nadu and eastern states. They will provide easier ticket availability, better interstate connectivity and relief for holiday travelers.
Bollywood icon Deepika Padukone — who just announced her second pregnancy alongside husband Ranveer Singh — owns a portfolio of luxury assets that includes a Rs 119 crore sea-facing quadruplex in Bandra, a car collection valued at over Rs 10 crore, and a Hermès Birkin she saves for her most important appearances.
Jane Fraser, the first female CEO of a major Wall Street bank, received valuable advice from Warren Buffett on handling tough workplace situations. She learned to delay her reaction and avoid responding in anger, as well as to praise individuals by name and criticize by category. This approach has helped her succeed and has relevance in today's corporate world.
The Amrit Bharat train between Brahmapur and Udhna will soon run six days a week, providing improved connectivity and comfort for passengers travelling between Surat and Odisha. This will benefit daily commuters and migrant workers, while also strengthening regional links between five states.
Tamil Nadu Assembly Elections 2026 will take place on April 23. The Association for Democratic Reforms (ADR) report reveals staggering wealth of candidates, with AIADMK's Leema Rose Martin topping the list with assets of over Rs 5,800 crore. TVK's C. Joseph Vijay and Aadhav Arjuna also feature in the top 10, highlighting the party's strong presence among wealthy contenders. DMK and
The government has identified "Civil Lines" as part of a broader review of colonial-era legacies, in line with its push to promote an indigenous identity and reframe administrative and cultural references.
A major 7.4 magnitude earthquake struck the Tohoku region in Japan, with a depth of 10 km and epicentre on the Sanriku Coast. Tsunami warnings were issued for the northeast, with waves up to 3 metres expected to hit coastal areas. People were urged to evacuate and move to higher ground immediately. The situation is still developing.
From Monday, US businesses that paid tariffs later ruled illegal can begin asking for refunds. The system will open at 8 am through an online portal run by US Customs and Border Protection.
Union Railway Minister Ashwini Vaishnaw visited Bhubaneswar Railway Station to review the ongoing redevelopment work. He inspected the upgraded facilities and spoke to passengers about their experience. The station now offers modern facilities, including a spacious waiting area and airport-like concourse.
Two Indian-origin executives, Puthugramam “Harish” Chidambaran and Sayyed Farhan Ali “Farhan” Naqvi, were charged with multiple crimes including financial fraud. They allegedly inflated their bankrupt company's revenue by hundreds of millions through fake contracts. Chidambaran and Naqvi were arrested in April 2024 and accused of exploiting investor excitement over AI.
In the middle of the ongoing Iran–US–Israel conflict in the region, a viral photo showing an Israeli soldier using a sledgehammer to strike a statue of Jesus Christ has triggered strong backlash.
Jefferies, a global brokerage house, has identified top picks in renewable energy due to rising power demand, policy support, and global uncertainties. It rates JSW Energy and NTPC as ‘Buy’ with potential upsides of 35% and 16%. In solar manufacturing, Premier Energies and Emmvee are preferred for their strong financial positions.
JM Financial has upgraded VA Tech Wabag's rating to 'Buy' and set a target price of Rs 1,755, citing a potential 30% increase from current market value. The company's strong order backlog and strategic roadmap, along with India's water crisis and innovative OCOO model, have influenced the positive outlook.
Reliance Industries, owned by Mukesh Ambani, will release Q4FY26 results on Friday. Expectations include dividends and updates on growth businesses. The board will discuss a possible FY26 dividend, while investors watch energy, telecom, and retail performance. Speculation about a Jio Platforms IPO, one of India's largest, also looms.
Tamil Nadu Assembly Elections 2026 will see a concentration of wealth among contestants, with 18% facing criminal charges. Top parties have fielded crorepatis, while billionaires remain rare. DMK has 97% crorepati candidates, while BJP has a high proportion of wealthy candidates. Regional parties display mixed trends, with some having 100% crorepati candidates.
An Indian-origin man and a US citizen were detained at Srinagar airport for carrying a satellite communicator and GPS device. The US national was identified as Jeffrey Scott Prather, while his fellow traveller was of Indian descent. They were scheduled to fly onboard an Air India flight from Srinagar to New Delhi.
HDFC Bank and ICICI Bank's quarterly results have brought attention to dividends, with HDFC Bank announcing a final dividend of Rs 13 per share and ICICI Bank recommending Rs 12 per share. The record date for HDFC Bank shareholders is June 19, while ICICI Bank's is yet to be announced. Both banks have reported strong performance.
The United States military says its forces stopped and seized an Iranian-flagged cargo ship in the Arabian Sea after it tried to sail toward Iran despite an American naval blockade.
HDFC Bank and ICICI Bank, two major private sector lenders in India, received positive ratings from brokerage firm Nuvama for their Q4FY26 earnings. The focus now shifts to their ability to maintain growth, margins, and asset quality in the future. Nuvama maintains a 'Buy' rating on HDFC Bank and ICICI Bank.
Iowa City Police have released a photo of five individuals, including three University of Iowa students, who are "persons of interest" in a shooting near the university. One victim is critical and four are stable. The university has released a statement and is working closely with the police. The investigation is ongoing and public assistance is needed to identify the individuals.
In a tragic incident of domestic violence and mass shooting, Shamar Elkins killed eight children, including seven of his own, and injured two women in Louisiana. The suspect, a former Army veteran, had a history with law enforcement and had recently expressed his struggles with mental health on social media. The city of Shreveport is in shock and in need of support after this devastating event.
HDFC Bank's shares are in the spotlight after reporting its Q4 earnings for FY26. Despite the sudden exit of the Chairman, the bank delivered higher profits and operating income, but NII was lower than expected. The bank also declared a final dividend of Rs 13 per share and has addressed past governance concerns. In Q3 FY26, the bank saw a 11.5% increase in net profit and improved asset quality.
PBKS has made history in IPL 2026 by winning 6 consecutive matches, breaking the previous record set by Kings XI Punjab and Rajasthan Royals. They have excelled in chasing and setting record-breaking totals, making them the new benchmark for success in the IPL. No team has been able to match their undefeated start this season.
The FII Index Future portfolio had a steady amount of longs above 20% during the week, but the Nifty index rise did not result in a significant increase. Short positions were closed, and risk appetite has improved with SMIDs gaining momentum. The Nifty FMCG Index has rebounded and is testing the lower boundary of the Ichimoku cloud.
KKR's 4-wicket win against Rajasthan Royals has given them hope, but they still have a tough road ahead. With only 3 points out of 7 matches, they must win all 7 remaining games to reach the playoffs. They also need other teams to win against middle-ranked teams and must improve their net run rate. Their home ground, Eden Gardens, will be crucial in their quest for the playoffs.
PBKS set a record-breaking target of 254/7 at the Maharaja Yadavindra Singh International Cricket Stadium in Mullanpur, thanks to a destructive 184-run partnership between openers Priyansh Arya (93 off 37 balls) and Cooper Connolly (87 off 46 balls). This surpassed the previous season-high of 250/3 set by RCB.
The Director of IIT Bombay has expressed concerns about the coaching culture that prioritizes exam success over critical thinking skills. With the JEE shifting towards conceptual understanding, traditional coaching may become outdated. Infinity Learn's CEO proposes AI-based personalized learning to bridge this gap.
Pravaha, Bihar's first multidisciplinary university, aims to bridge the gap between the state's intellectual legacy and modern infrastructure. It will offer a one-year post-graduate program integrating tech, AI, data, business, design, and entrepreneurship. The campus construction has begun, and the first cohort of 50 fellows is expected to start in August 2027.
China's unconventional approach of awarding PhD degrees without traditional dissertation requirements has sparked debate. While it may lead to immediate market success, it could also harm scientific exploration and foster a "patent or perish" mentality.
KKR finally ended their losing streak with a victory at Eden Gardens, thanks to Anukul Roy's composure and tactical aggression in the death overs. While Rinku Singh will be remembered as the face of the victory, it was Roy's six off Jofra Archer that broke RR's momentum and allowed Singh to finish the game with a flurry of boundaries.
In fiscal year 2025-26, India's trade deficit rose by $48.7 billion, with $21.19 billion due to higher gold and silver prices. This was influenced by investors and central banks turning to precious metals amidst Trump's tariffs. Despite the expensive costs, silver imports rose by 149.48% and gold imports by 24.08%. However, measures may need to be taken to address this issue.
A fake letter from Chennai Super Kings CEO claiming a complaint was filed against Sunrisers Hyderabad fans for using "black magic" has been circulating on social media. However, a thorough investigation proves it to be completely false, as the letter contains errors and does not follow BCCI protocol. SRH's victory over CSK was due to their superior performance, not any supernatural powers.
Amid disruptions in shipping routes and global carriers pulling back, India quickly rerouted trade to maintain essential exports to West Asia. The urgent demand for food and agricultural products in the region led to the creation of special facilities for cargo movement. While exports have been affected, measures such as using alternative ports and air cargo services have helped maintain trade.
The dispute between PSL and Blessing Muzarabani has worsened as his agent released a statement criticizing the league and Islamabad United for a "ghost contract" that led him to sign with Kolkata Knight Riders. The agent also called out the excessive ban and online abuse faced by the player, urging PSL to withdraw the ban and acknowledging their mistake.
Government diversifies sourcing of soil nutrients and LNG, boosting current stock levels and ensuring no supply constraints during kharif season. Imports from various countries and special arrangements for LNG procurement have been successful. Fertiliser demand projected to increase in upcoming season. Production dips overcome through spot market purchases and resolving phosphoric acid issue.
Lalit Modi, founder of IPL, gifts son Ruchir a Ferrari every year since he turned 21. Now 31, Ruchir owns 11 Ferraris worth over Rs 15 crore. Lalit's net worth is $570 million, mostly from stake in Modi Enterprises and UK real estate.
Minnesota Representative Ilhan Omar's office denies claims of her being a millionaire, citing a major accounting error in her financial disclosure report. The revised figures show her and her husband's assets to be worth much less than previously estimated, with businesses now valued at $0. Trump has accused Omar of fraud, but the amended filing and tax documents show no evidence of wrongdoing.
Jeff Bezos has called his Medina, Washington waterfront compound home for 30 years. The $10 million estate includes two homes and access to Lake Washington. In 2010, he bought the neighboring La Haye estate for $45 million and spent $28 million on renovations. Although he now resides in Miami, the compound remains a key part of Bezos' real estate holdings.
The world's most expensive urban centers, such as Hong Kong, Singapore, and New York City, have consistently high costs of living due to factors like expensive rent, strict urban planning, and limited housing supply. Despite this, they remain popular for their strong financial and professional presence, drawing in global talent and investment.
Indian-flagged tanker Desh Garima successfully crossed the Strait of Hormuz, while two other vessels faced a firing incident and had to turn back. India raised concerns with Iran and urged them to resume facilitating India-bound ships. LPG supply has been affected, but domestic households are prioritized. Gas supply and PNG expansion efforts continue, while refineries and ports remain stable.
Supreme Court issues pan-India guidelines to improve road safety, targeting national highways which cause 30% of fatalities. Ban on heavy vehicle parking and illegal stops, with enforcement through Advanced Traffic Management Systems.
During the KKR vs RR match, Dhruv Jurel's wicketkeeping skills were compared to MS Dhoni's as he executed a dismissal with lightning reflexes and spatial awareness. Jurel's blind reverse underarm flick to stump Cameron Green was similar to Dhoni's iconic "no-look" technique. The difficult stumping off a wide delivery has been hailed as a tactical mirror of Dhoni's keeping.
West Bengal CM Mamata Banerjee criticized PM Modi for deceiving the public about the women's reservation bill and accused the government of using it for their own political gain. She also condemned the bill's combination with delimitation, stating it as an attack on federal democracy.
DMK President MK Stalin launched the party's Chennai-specific manifesto, promising a "Chennai Super-6" agenda to transform the city into a global tech and cultural hub. The manifesto focuses on urban renewal, infrastructure, mobility, amenities, and jobs, with plans for upgraded facilities, improved safety, and humane stray dog management.
Congress MP Naveen Jindal defends Vedanta Chairman Anil Agarwal in FIR over deadly explosion at power plant, calls for fair investigation and equal scrutiny of private and public sector leaders. Explosion caused by maintenance and operational failures, 23 lives lost and 3 critical.
Aditya Anand, the main suspect in the Noida workers' protest, has been caught by Uttar Pradesh STF in Tamil Nadu. The NIT Jamshedpur graduate admitted to planning the violence. He was a wanted conspirator and was found through electronic surveillance.