LATEST WORLD NEWS

Banks add Rs 7 lakh crore deposits in last fortnight of Q1FY27

noreply@blogger.com (Unknown) — Sat, 11 Jul 2026 00:47:17 +0000

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KKR-backed Lighthouse to buy Gurugram-based Pathways School

noreply@blogger.com (Unknown) — Fri, 10 Jul 2026 01:47:20 +0000

Lighthouse Learning Group is acquiring Pathways School Gurgaon for approximately Rs 1,500 crore. This transaction marks a significant deal within India's school education sector. The school operates as a company, which may have influenced its valuation. Lighthouse Learning has recently acquired other educational institutions in the region. New owners might adjust costs and fees to sustain school operations.

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TCS Q1 revenue rises 2.7%, company adds over 9,000 to workforce

noreply@blogger.com (Unknown) — Fri, 10 Jul 2026 00:47:19 +0000

TCS reported June-quarter revenue of $7.6 billion, showing a modest year-on-year increase. The company added over nine thousand employees, marking significant workforce expansion. Consolidated net profit saw a sequential decline after a one-time legal charge. Operating margins decreased due to annual wage hikes, with a goal to return to twenty-five percent. TCS expects AI to evolve jobs rather than eliminate them, creating new roles.

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Trump's threat makes Dalal Street nervous, Sensex falls 1,700 points

noreply@blogger.com (Unknown) — Thu, 09 Jul 2026 00:47:06 +0000

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Clean energy share in power mix breached 50% mark on July 6

noreply@blogger.com (Unknown) — Wed, 08 Jul 2026 18:47:22 +0000

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Govt urges USTR to review its move to levy new tariffs

noreply@blogger.com (Unknown) — Wed, 08 Jul 2026 00:47:22 +0000

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US revokes Iran oil waiver amid attacks on British tankers in Strait of Hormuz

noreply@blogger.com (Unknown) — Tue, 07 Jul 2026 20:47:30 +0000

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Getty Images calls off Shutterstock merger after UK regulator's divestment demand

noreply@blogger.com (Unknown) — Tue, 07 Jul 2026 19:47:27 +0000

Getty Image has ended its planned $3.7 billion merger with Shutterstock. The UK competition regulator required Shutterstock to sell its editorial business. Getty's board decided this condition was not in the company's best interests. The companies had unveiled the deal in January 2025 to build a visual content powerhouse. Both firms now face increasing pressure from AI image generators.

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CNG, EV make up record 40% car sales in June

noreply@blogger.com (Unknown) — Tue, 07 Jul 2026 00:47:11 +0000

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Railway minister Vaishnaw launches new train services: Check routes, extensions and details

noreply@blogger.com (Unknown) — Mon, 06 Jul 2026 19:47:52 +0000

Railway Minister Ashwini Vaishnaw launched new train services and route extensions. These improvements enhance rail connectivity across Maharashtra, Uttar Pradesh, and Uttarakhand. New services connect Nanded to Mumbai and Tanakpur to Nanded. Existing routes were extended, and special services were regularized for passengers. Railways also announced special trains for Onam and Rath Yatra festivals.

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FMCG Q1 demand stable; companies flag El Nino risk

noreply@blogger.com (Unknown) — Mon, 06 Jul 2026 00:47:52 +0000

Household goods demand held steady in Q1 despite price hikes, as companies navigated inflation. However, concerns linger over El Nino's potential impact on monsoon rains and rural consumption. While price increases helped offset rising costs, the sector faces a potential challenge from weather volatility affecting agricultural output and demand. Firms are closely monitoring these developments.

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Pakistan's public money a privilege? World Bank report reveals stark fiscal faultlines

noreply@blogger.com (Unknown) — Sun, 05 Jul 2026 10:47:02 +0000

Pakistan's fiscal decentralisation efforts have failed to bridge regional spending gaps, with provincial capitals like Quetta and Lahore receiving significantly more per person than their own provinces. Despite budget surpluses in some areas, poorer regions face underinvestment. Concerns also arise over education and healthcare spending not yielding desired results, alongside widespread financial irregularities uncovered by auditors.

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Market recap: Top-10 firms add Rs 1 lakh crore in market capitalisation; Airtel, Bajaj Finance lead gains

noreply@blogger.com (Unknown) — Sun, 05 Jul 2026 08:47:26 +0000

Dalal Street concluded the past week on a high note, with top companies collectively adding over Rs 1 lakh crore to their market cap. Bharti Airtel and Bajaj Finance led the gains, buoyed by strong domestic economic data and positive global sentiment. While most of the top 10 firms saw their valuations climb, Larsen & Toubro and Reliance Industries experienced notable dips.

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India's passport ranking slips, remains outside top 100: Which nations are in top 10?

noreply@blogger.com (Unknown) — Sun, 05 Jul 2026 04:47:35 +0000

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Ex-CFO of RCap, Amit Bapna, held in connection with ADAG probe

noreply@blogger.com (Unknown) — Sat, 04 Jul 2026 22:47:19 +0000

The Central Bureau of Investigation (CBI) has apprehended Amit Bapna, former CFO of Reliance Capital Ltd, as part of its probe into Reliance ADA Group matters. Authorities allege Bapna, a key financial decision-maker, approved loans to intermediary firms despite knowing it violated RBI guidelines. Funds were reportedly diverted to various Reliance group entities, causing losses to banks and gains for the accused.

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Factory floor emerges as new cyber battleground

noreply@blogger.com (Unknown) — Fri, 03 Jul 2026 20:47:51 +0000

Recent cyberattacks on Bajaj Auto and Tata Electronics have underscored the escalating cyber risks for India's manufacturing sector. As factories embrace automation and AI, their increased connectivity creates larger vulnerabilities. Experts warn that these breaches, which can halt production and compromise sensitive data, threaten intellectual property crucial for India's 'China-plus-one' strategy. Strengthening cybersecurity measures is now paramount for business continuity and trust.

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Loan growth speeds up in Q1, deposits still lag

noreply@blogger.com (Unknown) — Fri, 03 Jul 2026 19:47:49 +0000

Indian banks witnessed robust credit growth in the June 2026 quarter, with some lenders seeing advances surge significantly. However, a widening gap emerged as deposits declined for select banks like Bank of Baroda, IDBI, and RBL. Public sector banks maintained a steadier credit-deposit growth, while private lenders adjusted liabilities. Factors like a new credit guarantee scheme and supply chain issues fueled loan demand.

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Recruiters deploy AI to catch ghost coders

noreply@blogger.com (Unknown) — Thu, 02 Jul 2026 21:47:29 +0000

Campus hiring faces a new wave of sophisticated cheating, fueled by GenAI. Recruiters are battling hidden devices, AI tools, proxy candidates, and ghost coders. To counter this, companies are increasingly deploying AI-powered proctoring and shifting away from browser-based tests. Experts highlight that live follow-up interviews are proving effective in exposing candidates who relied on AI assistance.

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WC assists top-end as smart TVs shrink

noreply@blogger.com (Unknown) — Wed, 01 Jul 2026 21:47:48 +0000

Despite a dip in India's smart TV market, the FIFA World Cup is driving a surge in premium television sales, especially for larger screens. Brands report significant demand for TVs 55 inches and above, with QLED and MiniLED technologies gaining traction. While macroeconomic pressures affect entry-level purchases, major sporting events are prompting consumers to upgrade to bigger, better-equipped models, particularly in football-centric regions.

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GST rate reset led to consumption boost

noreply@blogger.com (Unknown) — Tue, 30 Jun 2026 23:47:24 +0000

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45% of homes will need electrical upgrades to charge EVs: Study

noreply@blogger.com (Unknown) — Tue, 30 Jun 2026 21:47:17 +0000

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Invisible surplus widens in Q4FY26 to $90,513mn as remittances jump 30%

noreply@blogger.com (Unknown) — Tue, 30 Jun 2026 19:47:54 +0000

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Centre tweaks windfall tax, raises petrol export duty

noreply@blogger.com (Unknown) — Tue, 30 Jun 2026 18:47:48 +0000

At the same time, the export duty on diesel has been cut to Rs 8.5 per litre from Rs 14 per litre, while the levy on ATF exports has been reduced to Rs 7.5 per litre from the current Rs 12.5 per litre. The ministry said the revised duties will remain effective for the fortnight beginning July 1.

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Manufacturing powers industrial output growth of 5.1%

noreply@blogger.com (Unknown) — Mon, 29 Jun 2026 22:47:25 +0000

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In clean-up drive, ex-CEC Rajiv Kumar named HDFC chairman

noreply@blogger.com (Unknown) — Mon, 29 Jun 2026 21:47:27 +0000

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