The Trump administration is discussing suspending the federal gas tax in response to rising tensions with Iran. US Energy Secretary Chris Wright is open to all solutions to address the increasing gas prices, which have risen by 50%. The Strait of Hormuz remains blocked, causing uncertainty about future gas prices. Trump may also resume his "Project Freedom" to weaken Iran's control.
Anahat Singh made history on Saturday by becoming the first Indian squash player to win the World Junior Squash Championships title. The 18-year-old defeated Egypt's Ruqayya Salem 3-0 (11-3, 11-7, 11-9) in the girls' singles final at Niagara-on-the-Lake in Canada.
When Donald Trump returned to the White House last year, he had little patience for long and slow trade investigations. He wanted quick results and wanted other countries to feel the pressure immediately.
The 2026 KM Chart Awards, hosted by K-drama stars Kang Tae Oh, Won Ji An, and Byeon Woo Seok, took place at Korea University's Hwajeong Tiger Dome in Seoul on Saturday. TXT dominated the trophy tally, winning the Artist of the Year title and one of the Grand Prizes. BTS also snagged a Grand Prize for their comeback album "ARIRANG." Other winners included NEWBEAT, VVUP, and LNGSHOT.
India's move towards alternative fuels is revealing a stark difference between two-wheelers and four-wheelers. While CNG is gaining traction in cars, it's facing challenges in the two-wheeler market. Bajaj Auto's CNG motorcycle, the Freedom 125, saw a decline in sales due to range limitations and competition from electric vehicles.
The male grooming industry is rapidly growing, with men incorporating makeup into their daily routine. By 2036, the global male colour cosmetics market is estimated to reach $55.1 billion, with foundations and natural/organic products being the most popular.
CKD is a major global health issue, with deaths from the disease increasing in recent years. The main causes are diabetes and high blood pressure, but age, obesity, and smoking also play a role. Detecting the disease early and making lifestyle changes can slow its progression and preserve kidney function.
India's aesthetics market has grown due to awareness and social media, but unregulated providers and clinics have also increased. CDSCO has tightened regulation on injectable cosmetic products to protect patients, increasing public awareness and promoting patient safety.
Trump supports Infantino as UN secretary-general, despite lack of qualifications. Infantino's success in organizing the 2026 World Cup is praised, but it does not guarantee diplomatic abilities. Team effort and on-field actions are more important than political involvement in the tournament's success.
India's Ministry of Commerce and Industry has exempted 45% of its exports to the US from the additional 10% Section 301 duties, giving them an advantage over China, Vietnam, Thailand, and Türkiye. However, the remaining 55% will still be subject to the duties, and India has not received the textile and apparel tariff-rate quota exemption.
Honda Cars India has re-entered the premium SUV segment with the launch of the ZR-V e:HEV, priced at ₹47.99 lakh. The SUV is imported from Japan as a CBU and is powered by a strong-hybrid petrol powertrain. It comes with advanced safety features and a standard three-year warranty, with options for extended coverage.
Indulge in a diverse range of cultural events this week, including a performance by The Yellow Diary at The Grand Theatre in Mumbai, a discussion on comic-making in Bengaluru, a fusion show in Kolkata, a stand-up comedy show in Delhi, and a curated exhibition of rare works in Mumbai. Don't miss the chance to experience the best of Indian indie music, art, and collectibles.
Experience the rich history and culture of Greece beyond the popular island of Santorini. Begin your journey in Athens, where the iconic Acropolis and ancient Agora await. Explore the Temple of Poseidon at Cape Sounion and the sanctuary of Apollo in Delphi. Visit Mycenae, the legendary kingdom of Agamemnon, and the charming seaside town of Nafplio.
Italy is famous for its food, but pizza is a beloved snack worldwide. Surprisingly, Japan has a thriving pizza culture with unique variations and over 1,400 pizzerias in Tokyo alone. Japanese-inspired pizzas are now available in India at restaurants like Call Me Ten and Pizza 4P's, offering delicious options like mushroom.
Apple: The First 50 Years by David Pogue is a richly detailed book that chronicles the rise of the tech giant from its modest start in 1976 to its groundbreaking influence on technology and society. In The God Test, Robert Wright predicts a significant societal shift with the emergence of AI, while Brahma Prakash's Spectacle State examines the fusion of politics and daily life in India.
Award-winning Malayalam writer S Hareesh's new novel, August 17, imagines an alternate history where Travancore did not join the Indian Union in 1947. Through the eyes of a spy, the novel explores the political landscape of the time and the struggles of leaders like Vaikom Muhammad Basheer.
Corporate fashion has evolved to embrace versatility and comfort, with a focus on elevated basics that can be mixed and matched for both professional and personal settings. The fit and texture of clothing are more important than labels, and timeless shades and understated accessories are key.
Anime has gained immense popularity in India, making it a billion-dollar market with 118 million viewers and a projected annual growth rate of 11-13% until 2030. The country has become the second-largest anime market, with a strong interest from the younger generation. This has led to the rise of anime contests with lucrative prizes such as a 2-BHK house and a trip to Japan.
India is leveraging its first Mumbai-Ahmedabad Bullet Train project to establish a high-speed rail network. The Railways will use a uniform design for the seven new corridors, cutting down on time and expenses while boosting engineering capabilities. The NHSRCL is creating standard designs and technical specifications, along with a design library, for these corridors.
The completion of the bridge and tunnel project in Rudraprayag is expected to provide relief to the heavy traffic on the Kedarnath-Badrinath route. With 99% of the project completed, officials are aiming to begin trial runs in August. The project includes two motor bridges and has received a sanction of ₹156 crore.
Dark mode has become the go-to for Gen Z, providing comfort, style, and personalization while reducing eye strain. Research shows it can improve accuracy and confidence, but it may not be for everyone. App developers now face the expectation to include it, reflecting Gen Z's digital culture.
Heavy rainfall in Gujarat has caused flooding and disrupted normal life, leading to the closure of the Ahmedabad-Viramgam Highway. A red alert remains in place for Ahmedabad district, with Dholka and Viramgam receiving the highest rainfall. Traffic has been suspended between Sanand and Viramgam, and authorities have advised people to stay alert and avoid travelling on flooded roads.
Ladakhi apricot farmers, including Nargis Bano, are facing challenges due to changing climate conditions. Limited research on the impact of global warming on their crop has resulted in damaged fruit, shorter drying windows, and decreased income.
The PMC is set to construct a new road connecting Keshavnagar bridge to Mundhwa, costing ₹93 crore under the PPP model. This 1,150-metre long and 24-metre wide road will improve connectivity in East Pune and reduce traffic congestion. Consultants will be hired to speed up the project, and another major road is also proposed.
Madhya Pradesh CM Mohan Yadav boosts development and social welfare in Panna district with projects worth Rs 184.83 crore, Rs 210 crore for pension beneficiaries, and multiple initiatives for infrastructure, tourism, education, health, water-management, urban development, fast-track courts, and welfare disbursements. This showcases the government's commitment to progress and welfare.
The Cabinet has approved a railway expansion project worth Rs.1,264 crore on the Ballari-Guntakal route to enhance rail travel and freight movement between Karnataka and Andhra Pradesh. The project includes adding third and fourth railway lines, benefiting industries, passengers, and villages. It is set to be completed by 2028-29 and is a part of the PM Gati Shakti National Master Plan.
The railways announced special trains between Tirupati and Charlapalli near Hyderabad, connecting a popular pilgrimage destination with an important railway terminal. The train will run on July 26 and 27, 2026, with stops at major stations in Andhra Pradesh and Telangana. Multiple coach classes available for passenger convenience.
Sonam Wangchuk's 26-day hunger strike ended after receiving a written assurance from the Union government on the NEET examination issue and broader reforms in the competitive testing system. His wife, Gitanjali Angmo, defended his decision and criticized those questioning his sincerity. Wangchuk continues to be under medical observation as he recovers from the prolonged fast.
Southern Railway has launched a temporary special train service to manage the expected increase in passenger traffic. The bi-weekly superfast train will run between Tambaram and Tenkasi, with stops at important stations along the route. The train will operate on specific dates and provide convenient timings for passengers travelling between Chennai and southern Tamil Nadu.
The CJP protests, triggered by exam paper leaks, have become a powerful youth-led movement with political consequences. PM Modi's involvement, through a video message and talks with CJP leaders, has influenced the government's actions. National protests continue, driven by public fury and a call for accountability. Sonam Wangchuk's hunger strike may be over, but the movement persists.
SpaceX's Starship Flight 13 landed successfully in the Indian Ocean, a significant achievement for the company. CEO Elon Musk confirmed the spacecraft's condition and transmission of data, while celebrating with the team. The first water landing for a Starship, the "lucky number 13" test flight was widely shared on social media.
AESL has secured a Rs 8,500 crore project in Andhra Pradesh through a competitive bidding process. The project, called transmission system for green hydrogen/ammonia projects in Vizag, will provide power to these projects and meet the increasing demand from data centers and digital infrastructure in the Pendurthi-Vizag region. The project is expected to greatly benefit the region.
The KM Chart Awards 2026 ceremony is approaching, with pre-announced winners and a star-studded lineup. Hosted by Kang Tae Oh and Won Ji An, with Byeon Woo Seok as a presenter, the event will take place at the Hwajeong Tiger Dome in Seoul. Fans can watch the live broadcast on Hello Live and ABEMA TV, with a delayed broadcast on MBC M.
China's leading role in electrolyser production presents a cost barrier for India's goal of constructing 5 MTPA of green hydrogen capacity by 2030. According to SBICAPS, using non-Chinese electrolysers in current bids may not be financially viable. The global electrolyser market is oversaturated, and slow implementation has not resulted in significant cost reductions.
Finance Minister Nirmala Sitharaman has urged the CBDT to take action to reduce the high number of pending tax appeals and emphasized the need for a balanced approach when dealing with taxpayers. Despite progress in simplifying processes, there are still 5.4 lakh appeals pending.
The poultry industry is facing a 15% increase in feed prices, driven by lower soybean meal output and higher demand for maize from ethanol manufacturers. This has resulted in higher prices for eggs and chicken nationwide, with feed costs making up 65% of production costs. The sector is also facing supply challenges for soybean meal and maize, exacerbated by a heat wave and delayed monsoon.
The Tata Sierra EV is a strong competitor in the electric SUV market, boasting impressive performance and range. Its spacious and luxurious interior, equipped with advanced technology, makes it ideal for family road trips. However, the weight may affect the ride quality and it lacks one-pedal driving. Despite these flaws, the Sierra EV is a powerful and technologically advanced vehicle.
Nissan introduces its new SUV 'Tekton' to compete with Hyundai Creta and Kia Seltos in the midsize SUV market. With a name meaning 'master builder' in Greek, the Tekton offers powerful engines, impressive ground clearance, and advanced technology. Despite its smaller engine size, it proves to be a well-rounded and capable SUV in real-world tests.
InterGlobe Aviation, the parent company of IndiGo, has made commitments to the CCI to resolve an ongoing probe, including setting up a crisis management system and offering refunds and fare protection to passengers. They have also proposed a grievance redressal system and not charging excessive fares during disruptions. Public comments have been invited before a decision is made.
The Centre is proposing a framework to introduce competition in electricity supply, allowing multiple suppliers to operate in the same area. This would give consumers the freedom to choose their power provider and avoid duplication of infrastructure. Incumbent companies would continue to own and maintain their networks, while new licensees would pay regulated charges.
Benchmark equity indices, Sensex and Nifty, had their steepest weekly decline in four months, down 2.68% amid rising crude oil prices, US tariff concerns, and a weak rupee. Investors' wealth eroded by Rs 5.23 lakh crore, with FPIs ending the week as net sellers. Private banks were the worst performers, while auto and FMCG sectors saw gains.
Non-government employees can receive tax exemption on leave encashment at retirement, with a limit of Rs 25 lakh. Earned leave up to 30 days per year of service is considered for exemption. F&O trading losses can be deducted from other income, except salary. Cash allowances, bonuses, and incentives from employers are fully taxable and subject to TDS.
Taxpayers must carefully review their income tax return intimation under Section 143(1) and pay any demanded amount within 30 days to avoid interest. If there are discrepancies, a rectification request must be filed. The I-T department compares the taxpayer's information with its records, making it important for taxpayers to identify the reason for discrepancies.
India reduces proposed tariffs on exports to US by 2.5% by banning goods produced with forced labor. This puts India ahead of China, Vietnam, Thailand, and Türkiye. 17 other countries have also implemented the ban, giving India an advantage in labor-intensive sectors. However, US investigations on excess capacity could result in additional tariffs.
The crude oil basket in India has risen to $103.33 a barrel, causing concern for state-owned oil companies. This surge, driven by disruptions in energy flows and tensions between the US and Iran, could impact the financial performance of these companies in the coming quarters. Analysts warn of potential further increases in global oil prices if the situation persists.
SBICAPS report cautions against using non-China-made electrolysers in green hydrogen projects, citing China's cost-efficient production dominance. It recommends investing in R&D and facilitating imports for Indian factories to reach the 5 million tonnes per annum target by 2030. Current and auctioned capacities fall short of the target, highlighting the need for urgent action.
Honda Motorcycle & Scooter India (HMSI) has unveiled a 10-product portfolio including ICE, electric, and flex-fuel models to expand its presence in India. The competition is intensifying with Hero MotoCorp, TVS Motor, and Bajaj Auto launching new products. Honda's new portfolio includes the QC3 electric scooter, ADV 160 flex-fuel adventure scooter, and CB500 roadster.
India's private sector activity grew at the slowest pace in over 4 years due to reignited hostilities in West Asia and inflationary pressures. The HSBC Flash India Composite Purchasing Managers' Index fell to 54.3 in July, with weak sales and output in the services sector. New orders rose but at the slowest pace in 4.5 years.
India's first bullet train project has achieved a major milestone by installing the 2×25 kV Overhead Traction System, a technology used in Japan and France. This will ensure stable power supply for the trains to operate at high speeds of 320 kmph. The project also includes advanced safety features like earthquake detection and a network of substations.
Gujarat faces severe impact from continuous rainfall, leading to disruptions in daily life and halting industrial activity in Surat's textile hub. Waterlogging has caused factories to shut down and residents in posh areas of Ahmedabad to face flooded homes. The textile, automobile, and agricultural industries have suffered significant losses, with estimates of Rs 600 crore in damages.
Shriram Finance, a non-banking financial company, reported a 59.79% increase in profit for Q1FY27, with interest income also rising by 15.54% YoY. Revenue and profit also saw sequential growth. The company's net interest margin improved to 9.04%, while its assets under management grew by 15.26%. Asset quality remained stable, with provision coverage and capital adequacy ratios strengthening.