Page 1708 - Latest News
Rahul Gandhi sharpens attack on EC; claims baseless says poll body
Rahul Gandhi alleges the Election Commission obstructed the Karnataka CID probe into an organised attempt to delete votes using automated software and says targeted deletions hit Aland
 "Rahul Gandhi sharpens attack on EC; claims baseless says poll body")
Nabfid must now focus on urban local bodies, says DFS secy M Nagaraju
Addressing NaBFID's infrastructure conclave, Nagaraju said the institution should work on new instruments at scale so that banks can rebalance their portfolios every three to five years
 "Nabfid must now focus on urban local bodies, says DFS secy M Nagaraju")
US revokes Chabahar sanctions waiver, India faces impact on port deal
In 2023, Chabahar port was used by India to send 20,000 tonnes of wheat aid to Afghanistan. In 2021, the same was used to supply environmentally friendly pesticides to Iran
 "US revokes Chabahar sanctions waiver, India faces impact on port deal")
Rupee slips to 88.13 as hawkish Fed cut ends four-day winning streak
The rupee fell to 88.13 per dollar after the US Fed's hawkish 25 bps cut, ending a four-day rally, as bond yields rose on selling by dealers and supply-demand mismatch
 "Rupee slips to 88.13 as hawkish Fed cut ends four-day winning streak")
Walmart India trims losses by 29% amid modest revenue growth in FY25
Cost controls, lower employee expenses help improve bottom line as the wholesale unit reports a second straight year of reduced losses
 "Walmart India trims losses by 29% amid modest revenue growth in FY25")
Benchmark indices hit 10-weeks highs after US Fed's 25 bps rate cut
Sensex and Nifty rose to 10-month highs after the Fed's 25 bps cut, with IT and pharma leading gains amid optimism over India-US trade talks and stronger FPI inflows
 "Benchmark indices hit 10-weeks highs after US Fed's 25 bps rate cut")
Qualcomm looks to bring smart glasses into everyday view with India push
Priced near regular eyewear, market set to grow 400% in CY 2025
 "Qualcomm looks to bring smart glasses into everyday view with India push")
Starmer, Trump praise renewed US-UK special relationship, avoid disputes
Starmer, standing alongside his wife Victoria, greeted Trump warmly at his Chequers country residence to the sound of bagpipes for a meeting which is not without perils
 "Starmer, Trump praise renewed US-UK special relationship, avoid disputes")
HNIs doubled in just 4 years, fuelling surge in luxury auto demand
India's millionaire households have nearly doubled to 8.7 lakh in four years, creating a runway for luxury car demand as wealth fuels aspirations and premium consumption
 "HNIs doubled in just 4 years, fuelling surge in luxury auto demand")
Flipkart completes self-audit on dark patterns, says compliant with CCPA
The comprehensive self-audit completion declaration has been submitted to the Consumer Affairs Secretary Nidhi Khare, the company said in a statement
 "Flipkart completes self-audit on dark patterns, says compliant with CCPA")
HAL to raise Tejas output as MiG-21 nears exit, but IAF shortfall to remain
Since being inducted in 1963, the MiG-21 has seen action in every major conflict involving India
 "HAL to raise Tejas output as MiG-21 nears exit, but IAF shortfall to remain")
Holding elections our topmost priority, Nepal PM tells Narendra Modi
Nepal's interim PM Sushila Karki told Prime Minister Modi that elections are her government's top priority as India reaffirmed support for peace, stability and democratic transition
 "Holding elections our topmost priority, Nepal PM tells Narendra Modi")
PKL 2025 HIGHLIGHTS: Puneri Paltan crush U Mumba 40-22; Hosts Jaipur beat Bengal 45-41
Hosts Jaipur won at home against Bengal while Puneri Paltan won the Maharashtra Derby on the night quite convincingly.
 "PKL 2025 HIGHLIGHTS: Puneri Paltan crush U Mumba 40-22; Hosts Jaipur beat Bengal 45-41")
Money mkt funds can yield better returns than liquid funds in 6-12 months
Before investing, check the proportion of A1+ holdings and their composition
 "Money mkt funds can yield better returns than liquid funds in 6-12 months")
BEL fires growth salvo with defence orders, new contracts boost revenues
Order wins, strong pipeline, and long-term defence projects drive optimism in Bharat Electronics, with revenue growth visibility and major contracts like QRSAM and Project Kusha ahead
 "BEL fires growth salvo with defence orders, new contracts boost revenues")
IHCL wants to become 'superstar' of India's hospitality sector, eyes growth
The Tata group's hospitality arm recorded its 13th consecutive quarter of record performance in June this year, with a 19% increase in consolidated net profit (to ₹296 crore) and a 32%ump in revenue
 "IHCL wants to become 'superstar' of India's hospitality sector, eyes growth")
Nvidia to invest $5 bn in Intel to co-develop chips, expand AI platforms
The move comes almost two weeks after US President Donald Trump signed a deal with Intel to acquire a 10 per cent stake in the company to revive the struggling chipmaker
 "Nvidia to invest $5 bn in Intel to co-develop chips, expand AI platforms")
FMCG companies can drive growth by leveraging brand equity: Report
Worldpanel by Numerator says FMCG firms must leverage brand equity to expand into high-growth categories and win new consumers
 "FMCG companies can drive growth by leveraging brand equity: Report")
'Very close to Modi, but sanctioned India': Trump on 50 per cent tariffs
The Trump administration has imposed a 50 per cent tariff on India, including a 25 per cent punitive duty for purchasing Russian oil
 "'Very close to Modi, but sanctioned India': Trump on 50 per cent tariffs")
US jobless claims fall to 231,000 after recent surge to 4-year high
Though the report from the Labor Department on Thursday confirmed layoffs remained relatively low, the hiring side of the labor market has almost stalled
 "US jobless claims fall to 231,000 after recent surge to 4-year high")