Manappuram Finance, a top financial institution, saw a decrease in standalone and consolidated net profit by 11% and 75% respectively in the quarter ended June. The net interest income only grew by 2%. The company's asset quality worsened due to increased provisions and a lower provision coverage ratio. While the gold loan AUM increased, the microfinance segment suffered a significant decline.
Vietnamese EV giant VinFast has made its debut in India with the launch of VF 6 and VF 7 models. VF 6 offers a 59.6-kWh battery and 468 km range, while VF 7 has two battery options and 438-532 km range. The company aims to expand its presence with 35 dealerships and 26 workshops, competing with other EVs in the market.
The monsoon season's above-normal rainfall has caused a spike in demand for rain gear, household items, car accessories, and water purifiers. E-commerce sites and retailers have seen a considerable rise in consumer spending, particularly from shoppers aged 25-35.
Former Astronomer HR Kristin Cabot and her husband Andrew have filed for divorce just two months after she was caught in a kiss cam with then CEO Andy Byron at a Coldplay concert. The video went viral, leading to their resignations. Julia Cabot, Andrew's ex-wife, revealed that he was not affected by the scandal and only cared about money. The divorce would be Andrew's third.
Cryptocurrency has transformed from a risky endeavor to a lucrative investment tool, with popular currencies like Bitcoin gaining mainstream acceptance and a market value of $4 trillion. Countries like the US, Japan, and Bhutan have embraced it, while India plans to release a discussion paper on its potential. However, issues such as regulation and education for investors are still obstacles.
The youth are gaining recognition in the world of innovation and development, with major companies and organizations prioritizing their involvement. Brands like Samsung and Nike are empowering children through partnerships and initiatives. Young individuals are making global impacts through their inventions, such as a 14-year-old's ear infection detecting headphones.
Technology has brought people closer together, but with the rise of AI, online gaming, and viral challenges, new vulnerabilities have emerged. Chatbots, AI companions, and gaming platforms have been linked to mental health issues and even deaths. Regulators are struggling to keep up, but companies must take responsibility for the potential harm their products can cause.
Four students from Rajasthan, who had to appear for their B.Ed exam in Uttarakhand, faced multiple roadblocks due to heavy rain and landslides. However, they defied all odds and hired a helicopter to reach the exam center in Munsiyari. The students, who had to report to RS Tolia PG College, successfully completed their journey with the help of Heritage Aviation.
Madam Chow, the newest restaurant launch at Oberoi Hotels' Gurugram property, brings the gastronomic traditions of Guangdong and Sichuan provinces of China to India. Chef Wong Kwai Wah's signature dishes include Imperial roasted chicken, Xiang La tofu, and Zhenglong whole silver pomfret. The dim sum creations, cocktails, and desserts are equally impressive.
The Money Ball by Sarthak Ahuja is a must-read for aspiring entrepreneurs and business leaders. With a focus on decision-making and seizing opportunities, Ahuja provides valuable insights in leadership, finance, marketing, and startups. In Primal Intelligence, Angus Fletcher explores the power of our emotive, non-logical brain, offering exercises to tap into this untapped resource.
Vietnamese automaker Vinfast has introduced its first two electric SUVs, VF6 and VF7, in India. These were revealed at the Bharat Mobility Global Expo and can be pre-booked for Rs 11,000. They are being manufactured in Tamil Nadu and have a 10-year warranty, a unique offering in the market. The VF6 prices starts at Rs 16.49 lakh whereas the VF7 prices starts at Rs 20.89 lakh (both ex-showroom).
Durga Puja committees are striving for inclusivity and sustainability by introducing initiatives such as wheelchair ramps, medical kiosks, and biodegradable decorations. Local committees have been leading the way for over a decade, and cultural non-profit massArt is expanding its art preview to include seniors and persons with disabilities.
By 2025, a significant number of millionaires are projected to move to countries such as the UAE, the US, Italy, and Switzerland, due to the desire for better opportunities, freedom, and stability. The wealthy are also opting for e-residency in countries like Estonia, as they take advantage of convenient work environments and favorable tax agreements.
During his visit to Japan, Indian Prime Minister Narendra Modi emphasized the plans for a 7,000-kilometre high-speed rail network, with the Mumbai-Ahmedabad corridor set to open soon. Indian Railways is also implementing AI technology to enhance safety, including surveillance and facial recognition systems.
Iron deficiency is a common nutritional deficiency, especially among women, that can have serious health consequences if left untreated. Low ferritin levels, even with mild anemia, can lead to fatigue, cognitive difficulties, and weakened immune function. Factors like absorption issues and chronic blood loss can contribute to low iron levels, even in seemingly healthy individuals.
AI is revolutionizing healthcare in India, with a projected market value of $44.87 million by 2030. It is being utilized in all aspects of healthcare, including ophthalmology, radiology, and gastro, to improve accuracy, reduce delays, and address specialist shortages. It has proven effective in detecting diseases like diabetic retinopathy, glaucoma, making healthcare more efficient and accurate.
Uprooted by Reena Singh is a powerful graphic narrative depicting the struggle of Van Gujjar and Taungya communities in Uttrakhand's Terai region for land rights. Through monochrome illustrations and multiple voices, it reveals the impact of displacement on their lives and the tension between conservation and human habitation.
In "Human Edge in the AI Age," Nitin Seth delves into the ever-changing landscape of artificial intelligence and emphasizes the role of humans in harnessing its potential. He presents the POSSIBLE framework, consisting of eight timeless capabilities, as a guide for individuals and organizations to thrive in the AI era.
A man in Illinois, David Schultheis, has been charged with reckless discharge of a firearm after accidentally shooting and killing his 14-year-old daughter while attempting to shoot a bird. The incident occurred on July 21 and another woman, Karen Schwarze, has been charged with concealing the death and obstructing justice. The community is demanding stricter firearm safety measures.
Delhi police have busted a major drug syndicate network that operated from Bangkok and Dubai, smuggling high-quality cannabis into India and routing profits abroad. Six arrests have been made and the police have seized drugs, vehicles, and passports, disrupting a cross-border trafficking module. The syndicate purchased 'OG Ganja' in Bangkok and sold it in Delhi for a large profit.
Adani Power and Bhutan's DGPC have joined forces to build a 570 MW hydroelectric project in Wangchhu, costing Rs 6,000 crore and following a BOOT model. The project is set to start construction in 2026 and will help meet Bhutan's winter demand and export power to India in the summer. Bhutan's goal is to add 15,000 MW in hydropower and 5,000 MW overall.
Maharashtra Deputy CM Ajit Pawar's phone call to IPS officer Anjana Krishna caused controversy as his party MLC questioned her credentials. Pawar later apologized and expressed support for the police. NCP MLC Amol Mitkari also apologized for his tweet against the officer. The incident occurred during a dispute over illegal soil excavation, with Pawar allegedly threatening the officer.
The KPCC has announced plans to revamp its digital media cell following backlash over a social media post comparing Bihar to bidis. Sunny Joseph, the new KPCC president, will lead the reconstituted cell. The controversial post, which was deleted and apologized for, faced criticism from NDA and RJD leaders. The digital cell was previously headed by V.T., a two-time former Congress legislator.
Bollywood actors Shilpa Shetty and Raj Kundra have been accused of defrauding a businessman of Rs 60 crore, resulting in a 'lookout notice' being issued against them. Despite this legal trouble, their extravagant Rs 100 crore home, Kinara, has been featured in director Farah Khan's vlogs. The two-storey house boasts a leather lift, home gym, indoor fountain, and intricate home decor.
Japan's 2,600-year-old monarchy has just crowned 19-year-old Prince Hisahito as their heir, bringing hope to the succession crisis. Hisahito, the nephew of Emperor Naruhito, is now second in line to the throne and has a strong interest in biology and dragonflies. Japan's male succession rules have been in place since 1947, but there is growing support for changing the laws.
A recent Canadian government report exposes the presence of Khalistani terrorist groups operating and raising funds within the country. These groups use violence to establish new political systems and exploit non-profit and charitable organizations to generate billions of dollars in illicit proceeds annually.
Ukrainian President Volodymyr Zelenskyy refuses to visit Moscow for talks with Russian President Vladimir Putin due to ongoing missile attacks on Ukraine. Instead, he suggests Putin come to Kyiv. Putin is open to a meeting, but emphasizes it must follow Ukraine's laws and maintains his opposition.
Gen Z, often labeled as lazy and expressive, is currently facing a mental health crisis. They are utilizing AI chatbots and social media for support, but also struggling with negative emotions and screen exhaustion. As the stigma surrounding mental health discussions decreases, studies have revealed a link between screen usage and declining mental health.
American academic Terril Jones shared insights on India-US relations under Trump's presidency. Trump's distinctive negotiating style involved positioning himself as a global peace broker and claiming credit for a ceasefire between India and Pakistan, which was denied by PM Modi. Jones also discussed Trump's strategy of high demands and tariffs, and China's increasing global leadership.
The iconic James Bond franchise introduces a new face, Patrick Gibson, as the youngest Bond in history through the upcoming video game '007 First Light'. The game, set to release in 2026, follows a young and dashing agent on his journey to earn his license to kill. With a star-studded voice cast and various action elements, the game marks the end of the series' hiatus since 2012.
The Indian equity market is facing challenges as the Nifty and Sensex remain stagnant and lag behind other emerging markets. Despite positive factors like GDP growth and GST restructuring, investor sentiment is low due to concerns about slow capex allocation, global trade negotiations, US tariffs, and FII selling. A multi-asset investment approach may be beneficial in this situation.
Elon Musk, CEO of Tesla, is expected to become the first trillionaire in the world due to a new pay grade adding 423.7 million shares worth $1 trillion to his paycheck. This would make him wealthier than entire nations and have a major impact on various sectors, global politics, and scientific research. He would also be 100 times richer than the Ambani family.
The Ashoka Emblem at the Hazratbal shrine was vandalised by a mob, who said that it goes against the basic principles of Islam. A video of men and women damaging the emblem has gone viral on social media, with many condemning it as "shameful". Waqf Chair calls it a "terrorist attack" and demands action against perpetrators.
Laura Loomer claims Trump is considering blocking outsourcing to Indian IT companies, and White House trade adviser Navarro and American activist Posobiec seem to support this decision. This could harm India's economy and result in job losses. Some argue it could also hurt American workers in the long run. Social media users have mixed reactions.
President Trump has signed an executive order granting tariff exemptions to trading partners for industrial exports like nickel and gold, as well as pharmaceutical compounds and chemicals. The move is in line with Trump's aim to decrease U.S. trade deficits and gain concessions from partners. The exemptions, effective Monday, cover items that cannot be produced in the U.S.
Traditional Indian drinks like buttermilk, kanji, and sol kadhi are natural and effective in supporting digestion and gut health. They offer a sustainable and balanced approach to digestive wellness, making them a great alternative to trendy probiotic drinks. Despite the popularity of imported brands, these traditional recipes have been passed down for generations and are equally powerful.
US President Donald Trump threatens to impose additional tariffs on the European Union as a response to the bloc's $3.47 billion fine on Google for breaking anti-monopoly laws. This is the fourth time the EU has penalized Google with a hefty fine. Trump also denounces the EU's discriminatory actions against American companies and plans to take action to nullify the penalties.
The Seagle wireless speaker from Just Corseca is the top choice for users who prioritize a longer battery life for their Bluetooth speaker. With 30 hours of playback time and a 2400mAh battery that charges quickly, this speaker offers convenience and portability. It also boasts powerful sound, multiple playback options, and seamless connectivity with Bluetooth 5.3.
Organisations are relying on AI to manage other AI systems and some are even considering it as a supervisor for humans. However, only a third plan to use AI as full employees. The report stresses the importance of new structures for human-AI collaboration and the increasing costs of implementing AI.
PM Modi will not address the UN General Assembly this month, with Brazil and US being the first speakers. Trump will address the session on September 23, while India will be represented by a minister on September 27. The UNGA session will focus on peace, development, human rights, gender equality, and climate change. Other high-level meetings will also be held during the week.
President Trump has three finalists for the next chair of the Federal Reserve: Kevin Hassett, Kevin Warsh, and Christopher Waller. Treasury Secretary Scott Bessent is not interested. Trump wants someone who supports his interest-rate cuts and has criticized current chair Jerome Powell. The decision will greatly impact the economy and financial markets.
Trump has chosen his Doral golf club near Miami to host the 2026 G20 summit, sparking concerns about conflicts of interest and ethical violations. His properties have been a source of controversy in the past, and the Doral property was among those vying to host the event.
President Trump renamed the Department of Defense to the "Department of War" to highlight its role in preventing conflict. The Pentagon quickly changed signs and titles, receiving praise from Defense Secretary Hegseth. The costly and criticized process is seen as a tribute to the department's history and heritage.
Trump signs executive order to designate countries as state sponsors of wrongful detention and impose sanctions on those holding Americans. China, Iran, and Afghanistan among those targeted. U.S. puts Americans first, warns anyone using them as bargaining chips will pay the price. 72 Americans already returned, including from Russia and Afghanistan.
Trump denies plans for regime change in Venezuela, but accuses Maduro of winning a "strange" election. The US has ordered 10 F-35 fighter jets to Puerto Rico to combat drug cartels, following a "highly provocative" flight by Venezuelan jets near a US warship. Trump links overdose deaths to wartime losses and vows to continue military operations against designated narco-terrorist organizations.
US President Donald Trump assured that the relationship between India and the United States is special and there is no need to worry about occasional disagreements. However, he expressed disappointment over India's purchase of Russian oil and high tariffs.
The Honor X9c 5G smartphone showcases the power of AI in mid-range devices with its Qualcomm Snapdragon 6 Gen 1 processor and MagicOS 8.0. It also features a 108MP OIS Motion Sensing Camera and a 6600mAh silicon-carbon battery for extended battery life and fast charging. With its tough build and innovative hardware, the Honor X9c stands out from the crowd and delivers a seamless user experience.
India's EV adoption is on the rise, with 2 million EVs sold in 4 years. The high upfront cost is a barrier to mass adoption, but the government is offering a 5% GST rate to make EVs more affordable. Automakers are also working on battery localisation and innovative ownership models, but the expansion of charging infrastructure is still needed.
India's semiconductor industry is undergoing a transformation due to policy support, entrepreneurial drive, and global demand. Startups and global companies are utilizing the government's incentive scheme and cloud-based EDA to advance design services, IP development, and AI processors. This demonstrates India's potential to lead in semiconductor innovation, aided by cloud.
Stellantis, a carmaker in India for 5 years, aims to expand product range, reach more customers, and increase production. CEO Shailesh Hazela says India is a tough market and they are learning and adapting to customer preferences. Investments in design, engineering, and manufacturing have been made, with plans to expand retail reach and introduce more electric vehicles.
SpiceJet, a budget carrier, reported a net loss of Rs 234 crore in Q1FY26 due to geopolitical tensions and travel restrictions. However, the company remains resilient and is taking steps to improve fleet reliability, reduce costs, and expand its network. The passenger load factor remained steady at 86%, and the net worth improved to Rs 446 crore. The stock has declined by 45% in the past year.