Microsoft is laying off 4,800 employees worldwide in one of its biggest restructurings in recent years. Most of the cuts are hitting its Xbox gaming division, even after years of heavy

Dalal Street is set to witness the highest number of SME listings in a single day in CY2026, with six companies debuting on July 7 after raising a combined ₹185.14 crore through their IPOs.

Kerala has launched the country's first dedicated Elderly Welfare Department and a Senior Citizens Commission, inspired from Japan's ageing model.

India is preparing the biggest overhaul of its Special Economic Zone, or SEZ, framework since the law was introduced in 2005. The government wants to make these export hubs

Heavy monsoon rains have disrupted life across Mumbai and neighbouring districts. Schools are shut, trains and flights are affected, roads are flooded

UNCTAD says FDI inflows rose to $38.89 billion in 2025 as India strengthened its appeal for advanced manufacturing, although announced greenfield investments moderated amid global uncertainty

chinese fdi, press note 3, niti aayog, investment curbs, india china ties, dpiit, foreign investment reform

Business Standard

The performance was driven by robust domestic demand, higher vehicle production, sustained investments in capacity and technology, and steady export growth

auto components, auto sector

The proposed PERM reforms could change how employers sponsor workers for employment-based green cards

US green card, US Passport, US immigration

England's last World Cup appearance here ended in quarter-final heartbreak against Argentina, with Maradona writing one of football's most iconic chapters.

England football team's Mexico challenge in last 16

Kolkata-based Laser Power & Infra Ltd (LPIL), an integrated manufacturer of power cables, conductors and specialised products for the power transmission and distribution industry, will launch its Rs 742 crore initial public offering (IPO) on July 9.
The issue will close on July 13, according to its red herring prospectus.
The IPO comprises a fresh issue of equity shares worth Rs 542 crore and an offer for sale (OFS) of shares aggregating up to Rs 200 crore by promoter selling shareholders, according to filings.
Net proceeds from the fresh issue will be utilised towards repayment or prepayment of borrowings amounting to Rs 490 crore and for general corporate purposes.
LPIL operates three manufacturing units in West Bengal with a combined installed capacity of 85,448 MT. The company reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26. Its order book stood at Rs 3,243 crore as of March 31, 2026.
The firm, which also has an EPC division, is a licensed stranding .

Press Trust of India

Prime Minister Narendra Modi on Saturday said that India is building the entire electronics value chain from products and components to semiconductors which is the country's roadmap to 'Viksit Bharat' (developed India).
The PM, who inaugurated the CG Semi Outsourced Semiconductor Assembly and Test (OSAT) facility here, also said that India's youth will power AI, robotics and next-gen tech revolution with Made in India chips.
"The expansion of the semiconductor industry in India did not happen overnight. It is the next step in the electronics revolution that has taken place in India over the past decade," he said as he was handed the first semiconductor chips made at the company, to be exported to Japan.
"First products, then components and now semiconductors....India is building the entire electronics value chain. This is the roadmap to Viksit Bharat. This is the next phase of Make in India," Modi noted.
The government's goal is to build a complete semiconductor ecosystem in India,

Prime Minister Narendra Modi addresses the inauguration of the CG Semi Outsourced Semiconductor Assembly and Test (OSAT) facility, in Sanand, Gujarat

'While destiny placed before Dr Syama Prasad Mookerjee a path of privilege, his conscience led him towards one of sacrifice and national service'

shyama prasad mookerjee

When we go back to treaties, we should think more about how this will work out. It will help to have a pre-funded, ring-fenced pool to honour adverse awards

bilateral investment treaties, bits

India's lack of AI plays has been a hurdle most of the year as investors turned to markets like South Korea and Taiwan that delivered stellar returns

Indian bonds, Indian equity, market, stock market, trading

Bloomberg

The National Financial Reporting Authority (NFRA) is looking into the revenue misstatements case at Rajesh Exports, but it will not be possible to share a timeline on the probe, a top official at the auditors' watchdog said on Tuesday.
"Yes, we have started our processes," NFRA chairperson Nitin Gupta said on the sidelines of an event organised by Ficci here.
He declined to share any observations, saying the matter is not with him, and also a timeline by which the probe will be completed.
It can be noted that last month, capital markets regulator Sebi issued an order in which Rajesh Exports was found to have indulged in misstating revenues over a long period, pegging the overall discrepancies at Rs 15.5 lakh crore.
As per subsequent reports, Sebi had written to NFRA seeking examination of the errant entity's auditors.
Gupta on Tuesday called for genuine board independence in India's promoter-driven companies, pointing out that as AI influences corporate decision-making, a critical

Nitin Gupta, Chairperson, National Financial Reporting Authority (NFRA)

On his first match point, Flavio Cobolli stepped up and unleashed a 135 mph first serve down the T that landed on the line and sent a puff of chalk into the air on No. 1 Court at Wimbledon.
Fifth-seeded opponent Alex de Minaur could barely touch the serve and the Australian's weak return didn't even go past his own service line.
Cobolli reacted by leaping into the air and pumping his fist. He launched a ball into the crowd before moving forward to shake hands with De Minaur.
Then the Italian moved on to the performance he'd been waiting for.
Cobolli put his racket down and went back out into the center of the court and launched himself into the most iconic celebration in soccer: twirling in mid-air like Cristiano Ronaldo, he then landed on the grass with his feet planted wide and jerked his arms down by his side.
The mostly English crowd knew just what was going on and shouted "Siuuu" along with Cobolli.
"I love his celebration. I love him," said Cobolli, who was once a promising

Flavio Cobolli doing Ronaldo celebrating in Wimbledon 2026

When Vietnamese athlete Nguyen Thanh Hien Linh stepped into her first virtual taekwondo competition in Singapore in 2024, she had little idea what she was doing.
"I was just kicking into the air," recalled the 21-year-old. Despite her background as an elite national taekwondo champion, she struggled in the virtual arena with no clue on strategy, skills or how the technology worked.
Two years later, she won a gold medal at a recent virtual taekwondo competition in Malaysia and was part of a growing community of the gamified combat sport across Southeast Asia.
Once unfamiliar and experimental, virtual taekwondo is now emerging as a structured competitive discipline. Co-developed by World Taekwondo and Singapore-based technology company Refract Technologies, it combines virtual reality technology with traditional taekwondo techniques to woo tech-savvy young athletes.
Competitors wear VR headsets that transport them into a digital 3D arena, and strap motion-tracking sensors on their ..

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NFRA chief says Rajesh Exports probe is underway, can't share timeline

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Asian Games debut marks new chapter for rapidly growing virtual taekwondo

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