Vodafone Idea's share price rose by 4% after a positive report from Citi, with a target price of Rs 14 per share, showing a potential 37.5% increase. The resolution of the AGR issue has reduced the company's liability and improved its financial position for fundraising and capex plans. However, challenges like competition, tariff hikes, and subscriber growth must be monitored.
India has approved 100% ethanol fuel, reducing dependence on fossil fuel imports. This will impact the auto industry, with major companies launching flex-fuel vehicles. The government aims to produce more fuel domestically and reduce reliance on petrol and diesel.
The Trump administration has limited foreign access to Anthropic's advanced AI models, causing a rift with US Defence Secretary Pete Hegseth. Despite being blacklisted, Anthropic is the most valuable AI company and plans to go public. CEO Dario Amodei has refused to use AI for mass surveillance or autonomous weapons, leading to government retaliation.
This week, the world of AI saw major developments including Anthropic's release and withholding of powerful AI models, OpenAI's plans for an all-in-one superapp, and researchers using Codex to simulate a Black Hole. However, the US is limiting access to its advanced AI while India is building its own infrastructure. It's a complex world of AI, but progress continues.
The Noorjahan mango, grown in Katthiwada village, is in high demand due to its rarity, large size, and delicious taste. Priced between Rs 1,500 to Rs 3,000, the variety's limited availability has led to pre-booking and long wait times. Its Afghan origin and prestigious endorsements contribute to its premium prices. Efforts are underway to preserve and spread this special mango.
New technology is being implemented in the Mumbai-Ahmedabad Bullet Train project to improve the comfort and reduce noise levels during high-speed journeys. Tunnel hoods will be installed at mountain tunnels to decrease noise and pressure changes, making operations more efficient at speeds over 300 kmph. This is the first time this technology is being used in Indian railway tunnels.
Delhi's government has limited the consumer-facing increase in electricity prices to just 2.4 per cent, despite a 31 per cent rise in power procurement costs due to tensions in West Asia. The Power Purchase Adjustment Cost (PPAC) provision allows power utilities to pass on fuel cost changes, but regulators have intervened to protect consumers.
Kapil Sharma, a renowned Indian comedian and TV host, was born on April 2, 1981 in Amritsar, Punjab. Despite facing initial rejection, he gained fame after winning The Great Indian Laughter Challenge in 2007. His own show, Comedy Nights with Kapil, became the top-rated comedy show on Indian TV from 2013 to 2016.
The FIFA World Cup 2026 is expected to have a 5-million-strong live audience, but only 30,000 Indians are estimated to attend due to high costs and travel challenges. The dynamic pricing strategy has doubled average costs per person, with airfare, visa issues, and geopolitical uncertainties making travel difficult.
A new blood test can predict lung cancer up to 5 years in advance, increasing survival chances when combined with low-dose CT screening. However, late diagnosis is still a major issue in India due to high pollution and smoking rates. The best prevention is to avoid known risk factors like tobacco and air pollution.
The Trump administration is actively trying to prevent the world from participating in the FIFA World Cup through entry bans and other restrictions, reflecting their distrust of outsiders and tough stance on immigration. Despite this, FIFA maintains a close relationship with Trump, although there are concerns about high ticket prices and human rights issues.
NVIDIA CEO Jensen Huang highlighted Chennai-based startup ePlane during his keynote at COMPUTEX Taipei for its role in AI, aerospace, and next-generation mobility. ePlane is using NVIDIA's AI and simulation ecosystem to speed up aircraft certification, making it the only Asian eVTOL company to receive such support.
Pranav Bakhshi, Ananya Bijesh, and Aakash Chiripal are just a few of the many individuals with cognitive disabilities who have broken barriers and made a name for themselves in the world of art and entertainment. Despite facing challenges and roadblocks, they have proven that with determination and hard work, anything is possible.
Manoj Bajpayee's journey from a small town boy to a Padma Shri-winning actor is a tale of resilience and determination. Despite facing multiple rejections and setbacks, he never lost faith in his craft and eventually found success with the film Satya. His story serves as an inspiration for aspiring actors and a reminder that hard work and perseverance can lead to great achievements.
Eros Innovation is using AI technology to remaster popular Indian films like Kochadaiiyaan and Tanu Weds Manu. They have licensed their cultural dataset to a UK operation and plan to create a new mythological cinematic universe. Shunya Labs has launched a multilingual voice AI platform to improve digital accessibility in India.
Companies are constantly improving portable chargers to meet the growing demand of people on-the-go. BMX's SolidSafe magnetic power bank uses a safer and more efficient gel-based electrolyte. Other companies like Anker, Belkin, Nitecore, and Dark Energy are also offering fast, durable, and versatile chargers with features like wireless and USB.
The FIFA Women's World Cup in Brazil marks a shift in focus towards women's football, with efforts to address the lack of specialized education and research in sports science for female athletes. Mental health and inclusion are also gaining attention in athlete welfare, with policies being implemented by international federations and Olympic bodies.
"Queer India Now" is an anthology that addresses the struggles of queer individuals in a restrictive society. "Breakpoint" examines the crisis facing India's middle class and the changing nature of work. "The New Divide" explores the impact of AI on society and the growing gap between its promises and reality.
"The Kerala Club: Keepers of the Flame" highlights the invaluable experience-based knowledge of India's diverse senior civil servants, covering themes such as public administration and development. While essential reading for policymakers and administrators, the book also sheds light on the need for the state's bureaucracy to address its shortcomings.
Indoor climbing gyms are on the rise in India due to their blend of fitness, social interaction, and identity. The sport's inclusion in the Olympics has expanded its appeal to a wider audience. These gyms are attracting young professionals and children, and are exploring luxury options.
Indian Overseas Bank (IOB) plans to raise ₹5,000 crore in equity capital through various methods, including QIPs, public offers, and preferential allotments. The proposal is part of a special resolution for the bank's AGM on July 7. The government currently holds a 92.44% stake in IOB and has previously diluted its holding through an OFS.
Ather Energy has received board approval to raise up to ₹2,500 crore through QIPs and other equity-linked instruments. The company plans to raise ₹1,500 crore through QIPs and an additional ₹1,000 crore through various securities. This comes as rival Ola Electric also raised funds through a QIP.
Nithin Kamath, CEO of Zerodha, commends India's market infrastructure for its transparency and safety, in contrast to the US. This comes as Elon Musk's SpaceX makes history with a record-breaking IPO, making Musk the first trillionaire. Kamath's post also emphasizes India's regulations for stabilizing prices and safeguarding retail investors.
"Summer travel has been highly anticipated, but geopolitical uncertainty has affected popular destinations. Indian Rupee's strength has increased options for travellers. Kyrgyzstan, Georgia, and Laos are budget-friendly options with e-visas and affordable accommodations. Central Asia and Southeast Asia are becoming popular for unique experiences. Flights from India range from Rs 14,000-30,000."
American Airlines Flight AA735 bound for Charlotte Douglas International Airport from London's Heathrow Airport was forced to turn back after being struck by lightning. The pilots declared a general emergency and the plane safely landed back at Heathrow. The incident caused delays and mandatory post-strike checks for the jet. Lightning strikes are not uncommon for commercial planes.
Delhi man finally refunded Rs 80,000 lost in unauthorised transactions after 10 months and legal intervention. SBI ordered to pay Rs 15,000 fine for delay and deficiency in service. Complaint filed after card got stuck in ATM, leading to multiple unauthorised transactions.
A telecom tower and equipment have gone missing in Buxar, Bihar, prompting a police investigation. This case is reminiscent of other instances where public assets, such as a bridge and railway parts, were illegally dismantled or stolen. The scale of the theft and involvement of large structures make these cases stand out. Authorities are still investigating the cause of these unusual incidents.
SpaceX's IPO on Nasdaq, praised by Kotak Mahindra Bank's founder, priced 556 million shares at $135 each, raising $75 billion and making it the largest IPO in stock market history. With a $2 trillion valuation, Elon Musk is now the world's first trillionaire, but there are debates about its accuracy.
Turkish Airlines plane crashes into radar mast at Antalya Airport, causing panic among passengers. Shocking visuals of the aftermath show a gaping hole in the jet's exterior and damage to the right wing. The incident occurred after the plane landed and entered the wrong taxiway. Three passengers sustained minor injuries and all 267 passengers were safely evacuated.
An Indian Air Force AN-32 transport aircraft caught fire after landing at Jorhat Air Force Station in Assam. Emergency response teams and fire tenders are on-site, but there is no official information on casualties, damage, or the cause of the accident. Firefighting operations are currently underway. This is a developing story with updates to come.
Mamata Banerjee is facing multiple challenges as the BJP-led government launches a new investigation into an advertising company allegedly linked to her. The company is under scrutiny for suspicious transactions of Rs 635 crore, and Banerjee is also facing legal scrutiny and internal rebellion within her party.
Tamil Nadu consumer commission orders skincare clinic to refund and pay compensation to woman for severe acne and facial damage. Andhra Pradesh commission also directs retailer to refund excess charges and pay compensation for violating consumer protections.
Indian cricketer Rohit Sharma has become an investor and equity partner in fitness startup FITTR, reflecting a strong alignment between his values and the company's outlook. The founder and CEO welcomed the partnership, emphasizing Rohit's high-profile influence.
India's DigiDukaan push aims to digitize 1.4 crore kirana stores and integrate them into formal digital supply chains. The DPIIT, ONDC, and CPG Roundtable are collaborating to bring millions of neighborhood shops online with digital tools for ordering, inventory visibility, and working-capital optimization.
Delta Air Lines flight diverted to Charlotte Douglas International Airport due to reported mystery odor in cockpit. 187 passengers and 6 crew members on board. Smoke detected in cockpit, emergency oxygen masks deployed. Plane landed safely, passengers provided with accommodations. Investigation ongoing.
Police have filed an FIR against three individuals, including two TCS employees, for the death of a 48-year-old employee in Pune. The complaint, filed by the deceased's son, alleges abetment of suicide. TCS expressed condolences and is cooperating with authorities, investigating the allegations against the two employees.
Swapan Dasgupta, a former columnist and public intellectual, has been elected as the Finance Minister of West Bengal. He plans to revive the state's economy through financial discipline, investment, and institutional support, but the success of his policies depends on big-ticket private investment. His family's business background adds an interesting aspect to his new role.
Green SM, a new electric taxi service by Vingroup, provides affordable rides with a 400 km range. Its neon cyan color sets it apart from other taxi services like Uber and Ola. The spacious VinFast VF MPV 7 offers a smooth ride but lacks some features. It's a comfortable and eco-friendly option for anyone seeking a unique taxi experience.
TVS Motor Company is introducing the Norton Atlas and Atlas GT adventure-touring motorcycles in India, manufactured in their Hosur plant to avoid high import taxes. Priced at Rs 6 lakh, the bikes will rival the Kawasaki Versys 650 and boast a 585cc engine, steel trellis frame, and advanced electronics. The Atlas is ideal for off-road adventures, while the Atlas GT is perfect for road touring.
Dhan and Samco Securities have introduced global investment options for Indian investors through the Gift City route. Dhan's Micro-Investing Strategy offers access to US stocks and ETFs with no account maintenance or custody fees, while Samco's Quantitative Edge provides research, investment recommendations, and portfolio monitoring for over 700 global securities.
In April, equity fundraising in India increased by 220% despite geopolitical uncertainty and a slowdown in the primary market. Private capital fundraising also saw significant growth. However, the debt market declined by 67% and the stock market partially recovered with Nifty 50 and Sensex gaining 6% each. The power, realty, and media sectors saw the highest gains in the stock market.
"Global equity indices rally on US-Iran deal hopes, G7 meeting next week. Brent crude prices drop by 5.1%, Indian benchmark indices surge with Sensex gaining 1,695.40 points and Nifty jumping 461.30 points. Investors gain Rs 9.7 lakh crore in notional wealth. Banking sector performs well on expectations of conflict resolution.
NCLT rejects insolvency petition against NMRC filed by ETSL due to pre-existing dispute. Tribunal cites Supreme Court ruling and notes genuine dispute prior to demand notice as reason for dismissal. Case pertains to agreement for bus services in Noida, Greater Noida, and connectivity routes. NMRC argues no payment default and alleges multiple breaches by ETSL.
The rupee gained 64 paise against the dollar due to a potential US-Iran peace deal, which lowered oil prices to under $90 per barrel. Positive developments in the equity market also contributed to the rupee's rise. Experts believe that the rupee will continue to strengthen in the coming days, fueled by falling oil prices and the expected signing of the peace deal.
The investigation into the deadly crash of Air India Flight AI171, which claimed 260 lives, is ongoing and making progress. The cause is still being determined, with competing theories emerging. The AAIB is cautioning against premature conclusions and is committed to an independent and evidence-based investigation into the first fatal accident involving a Boeing 787 Dreamliner.
NPPA relaxed price control rules for essential cancer drugs and vaccines, citing supply chain disruptions and raw material price hikes. It allowed a one-time 50% increase in ceiling prices for two cancer drugs and 50% increase for anti-tetanus immunoglobulin injections. The regulator also addressed Serum Institute of India's concerns over price fixing methodology for certain vaccines.
IMD has confirmed El Nino conditions in the Pacific Ocean which are expected to intensify during the monsoon season. The sea surface temperatures have already surpassed the threshold in June 2026. This phenomenon is linked to a weaker monsoon, higher temperatures, and a decline in crop production.
Food inflation in India spiked to 4.78% in May, the highest in 16 months, driven by rising prices of tomatoes and ginger. Experts warn that below-normal monsoon rains could worsen the situation. The Ministry of Statistics and Programme Implementation has revised the base year for CPI, leading to a decrease in the weightage of food and beverages in the index.
A 40-ft-tall inflatable effigy of Elon Musk appeared in Times Square, displaying controversial messages about his AI company, Grok. The stunt, claimed by Safe AI Now, aimed to hold SpaceX shareholders accountable for lawsuits and fines related to Grok's facilitation of explicit images. The effigy also highlighted the acquisition of Grok by SpaceX and the scandal of AI-generated photos.
Investors can save on capital gains tax by investing in specified bonds within six months of selling a flat. These bonds have a lock-in period of five years and any violation of conditions will lead to exemption withdrawal. Losses from F&O trading can be offset against other business income and carried forward for up to eight years.
NPS Vatsalya, designed for minors by Amit H L, offers market-linked investing and long-term compounding. Recent changes have made it more flexible, allowing partial withdrawals, seamless transition to regular NPS account after 21, and annuity purchase. A parent can use it to fund milestones and create long-term wealth.