The ongoing conflict in West Asia has led to a record low for the Indian rupee and a 1.40% fall in the Sensex. Crude oil prices have also risen due to the conflict. Despite efforts by the RBI, the rupee continues to weaken, causing a loss of Rs 21.31 lakh crore in investor wealth. Indian equities have fared better than other Asian markets, but the situation remains uncertain.
Lava's Bold N1 and HMD's Vibe 2 are two new budget smartphones catering to value-conscious buyers. While the Bold N1 offers a large display and clean Android experience, the Vibe 2 boasts a 6,000mAh battery and high refresh rate display. With capable processors and affordable prices, these phones are ideal for first-time buyers and those upgrading from older 4G handsets.
AI is transforming the dating landscape by improving match discovery, safety, and personalization. It tackles choice fatigue by analyzing user behavior and preferences. Safety is also a key focus, with hybrid AI-human moderation systems in place. While AI can enhance the dating experience, building meaningful connections will always be the ultimate goal.
India's annual exams face familiar issues of cancellations, leaks, protests, and court battles. Calls for stricter security and punishment are not enough to solve the problem. The root cause is the lack of trust in the system and policymakers' failure to address underlying incentives and weaknesses.
The Tata Tiago has been revamped with a new design and reinforced body shell. It comes in petrol, CNG, and electric models, with the electric variant being the most cost-effective in India. The Tiago EV has a 200 km range and a comfortable interior, but the exterior design is not remarkable.
LSBF, a member of GUS, will open a study centre in Delhi offering face-to-face academic training. It also has a recruitment hub in India and is collaborating with KPMG to offer certificates in data science, AI, and cybersecurity. The centre will provide a unique pathway for Indian students to complete their studies at LSBF's campuses in Singapore, Kuala Lumpur, or London.
The Honda City e:HEV and Skoda Slavia were compared to find the better option. The Slavia has a strong turbocharged engine and SUV-like features, while the City boasts a futuristic hybrid powertrain and superior comfort. Although the Slavia is more fun to drive, the City offers a quieter cabin, advanced safety features, and better fuel efficiency. Both sedans are better than most SUVs.
India's reliance on mineral imports, especially from China, puts its energy transition at risk. The country is vulnerable to supply disruptions, geopolitical tensions, and price fluctuations due to concentrated sourcing. Processing capacity is also limited to a few countries. To ensure energy security, India must diversify and build long-term partnerships.
The rising market prices of soybean and mustard may result in higher acreage during the upcoming kharif and rabi seasons, as they are currently 20-25% above MSPs. Global cooking oil prices and other factors have also contributed to the increase. India's edible oil demand is mostly met through imports, with soybean and mustard being the top consumed types.
Bill Ackman defends Elon Musk's trillionaire status, praising his contributions to society through SpaceX's IPO, which has turned thousands of employees into millionaires. He criticizes Senator Bernie Sanders for attacking Musk's wealth and highlights the positive impact of SpaceX's technologies on education, business, and healthcare. Despite backlash, the IPO has changed the lives of many.
The government is set to approve six new railway lines through public-private partnerships, with an estimated private investment of Rs 15,000-20,000 crore. These projects will cover 640 km and connect mineral-producing regions to freight corridors and ports.
The RBI's new lending norms, effective July 1, are expected to cause a liquidity squeeze for market intermediaries, potentially impacting market liquidity by ₹50,000-₹60,000 crore and increasing costs for FPIs and mutual funds. This aims to reduce leverage and make liquidity provision more capital intensive, leading to calls for liquidity providers to be recognized.
Elon Musk just became the world's first trillionaire following SpaceX's record-breaking IPO, yet he still lives in a $50,000 tiny home near Starbase. Here's a look at his real estate history, his Texas family compound, his Gulfstream jet fleet, and the rumored $300 million Miami megamansion that could mark a return to luxury living.
Manoj Bajpayee's political drama Governor: The Silent Saviour, directed by Chinmay D. Mandlekar and set during India's 1991 economic crisis, has had a modest start at the box office. Despite being the biggest theatrical opener of Bajpayee's career, it has been overshadowed by other releases like Kangana Ranaut's Bharat Bhhagya Viddhaata and Diljit Dosanjh's Main Vaapas Aaunga. However
FPIs are buying more Indian government securities due to policy changes aimed at attracting foreign capital. These changes include tax relief, expanded eligibility, and forex swap measures. This has led to a stronger rupee and lower bond yields. Experts believe these reforms could bring in $50 billion in foreign debt and boost India's presence in global bond indices.
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.