Blog

28 Jul

Lopes Cabral’s Stunning Strike Named Best Goal of the World Cup

sunnySports

Cape Verde continued its historic FIFA World Cup journey on Monday as Sidny Lopes Cabral’s spectacular goal was voted the tournament’s best by fans. Lopes Cabral earned the honour for his brilliant curling strike into the top corner against defending champions Argentina during Cape Verde’s thrilling Round of 32 clash in Miami Gardens. The goal levelled the match at 2-2 in extra time, although Cape Verde eventually suffered a narrow 3-2 defeat. His remarkable effort was selected as the best among the 308 goals scored during the tournament. It finished ahead of Eldor Shomurodov’s delicate lob for Uzbekistan against Congo…

28 Jul

RBI to Introduce Polymer Banknotes Alongside Paper Currency After Successful Trials

nanikaBusiness

The Reserve Bank of India (RBI) has received approval from the government to issue 1 billion pieces each of ₹10 and ₹20 polymer banknotes for field trials, Minister of State for Finance Pankaj Chaudhary informed Parliament on Monday. The proposal, submitted by the RBI’s Central Board under Section 25 of the Reserve Bank of India Act, 1934, aims to evaluate the performance of polymer banknotes before their regular issuance in these denominations. The government has approved the proposal, and wider circulation will begin after successful completion of the trials. The minister clarified that polymer banknotes will be issued alongside existing…

28 Jul

Quick Commerce Platform Zepto Explores Lower $3 Billion Post-Money Valuation for Upcoming IPO

anuprovaBusiness

Indian quick commerce major Zepto and its key institutional investors are gauging market sentiment for a revised post-money IPO valuation of around $3 billion, adjusting expectations down from earlier internal targets of $4 billion to $5 billion. The strategic recalibration comes as domestic mutual funds and institutional investors push for more conservative pricing in light of public market volatility and heightened scrutiny around profitability in the rapid-delivery sector. As part of ongoing negotiations prior to filing updated public listing documents, the company is reportedly evaluating a potential reduction in its total issue size alongside a slight delay in its official…

28 Jul

Dollungmukh Border Issue Tops Forum’s Appeal

Sonakshi SarkarNagaland

The Citizens Right Protection Forum (CRPF), based in Dollungmukh in Arunachal Pradesh's Kamle district, has appealed to the state government to expedite the permanent settlement of the long-pending interstate boundary dispute in the Dollungmukh sector, saying an early resolution is essential for peace, development and effective governance. In a memorandum submitted to Chief Minister Pema Khandu, CRPF chairman Ajay Murtem urged the government to give top priority to the unresolved boundary issue and settle it amicably based on mutual understanding, historical records, administrative convenience and the welfare of the people. Murtem said that although the governments of Arunachal Pradesh and…

27 Jul

Bombay High Court Gives Green Signal; Nitin Gadkari To File Defamation Suit Against Meta, Google, X

PreetiIndia, Latest

Amid the ongoing nationwide debate over the E-20 fuel policy, the Bombay High Court has now cleared the way for Union Minister Nitin Gadkari to file a defamation suit against digital platforms like Meta, Google, and X. Gadkari had approached the court alleging that his and his family's reputation was damaged through deepfake videos and misleading campaigns. With the court's permission, Gadkari can now file a civil suit against Facebook and Instagram, which are owned by Meta, as well as against X, Google, and unidentified individuals or pages that created and circulated the defamatory content. The Ministry of Electronics and…

27 Jul

Arunachal CM praises Gorkha battalion’s Tawang tenure

ParomitaArunachal Pradesh

Arunachal Pradesh Chief Minister Pema Khandu has commended the 2/9 Gorkha Rifles for their 'exemplary service' and contributions toward humanitarian outreach and border infrastructure during their 33-month tenure in the high-altitude Mago-Chuna sector of Tawang district, bordering China.In an official Commendation Certificate as the battalion prepares to move to its next assignment, Khandu expressed gratitude to all ranks of the unit, noting that their efforts strengthened both national security and civil-military ties along the frontier."For over 33 months, the Battalion stood as a symbol of courage and commitment, transforming lives through humanitarian outreach, medical camps, community development, promotion of border…

27 Jul

Kotak Mahindra Bank delivers strong Q1 with 26% profit growth as asset quality improves

Business BureauBusiness

Kotak Mahindra Bank reported a 26% year-on-year rise in standalone net profit to ₹4,123 crore for the first quarter of FY27, driven by lower provisions, steady credit growth and higher fee income. The bank's consolidated net profit rose 23% to ₹5,480 crore during the April–June quarter, according to its unaudited financial results approved by the board. Standalone net interest income (NII) increased 9% year-on-year to ₹7,928 crore, while operating profit climbed 10% to ₹6,131 crore. Fee and services income grew 11% to ₹2,500 crore, whereas provisions fell 45% to ₹668 crore, reflecting an improvement in credit costs. Net interest margin…

27 Jul

ABD Maestro launches three super-premium whiskies in Telangana

Business BureauBusiness

ABD Maestro Pvt. Ltd., the super-premium and luxury spirits subsidiary of Allied Blenders & Distillers Limited (ABD), has entered the Telangana market with the launch of three award-winning whisky brands — AODH Irish Whiskey, WOODBURNS Contemporary Rare Indian Whisky and YELLO Designer Whisky. The company, co-founded by Bollywood actor Ranveer Singh, unveiled the products at a launch event in Hyderabad on Monday. The launch marks ABD Maestro's expansion into Telangana's growing premium spirits segment, with the company targeting consumers seeking high-quality and craft-driven alcoholic beverages. The three whiskies are now available at leading retail outlets in Hyderabad and will also…

27 Jul

Indian Rupee Strengthens 28 Paise Against U.S. Dollar as Crude Oil Cools to $92 Following Easing Middle East Tensions

anuprovaBusiness

The Indian rupee appreciated 28 paise against the U.S. dollar, opening on a firmer note as global crude oil prices plunged toward $92 per barrel. The local currency found significant support from a pull-back in global energy benchmark Brent crude following a military pause in hostilities between U.S. and Iranian forces, which considerably relieved fears of trade route disruptions and imported inflation. A softer U.S. dollar index alongside robust buying momentum in domestic equity markets further fueled the currency’s gains. Because India imports the vast majority of its crude requirements, lower oil prices help narrow the country's trade deficit and…

27 Jul

India’s Largest Cement Maker UltraTech Eyes Record Rupee Bond Issue

nanikaBusiness

UltraTech Cement, India’s largest cement producer by capacity, is planning to raise ₹5,000 crore through rupee-denominated bonds, which could become the company’s biggest bond fundraising exercise in the domestic debt market. According to banking sources, the company is in discussions with merchant bankers and arrangers to tap the bond market ahead of the Reserve Bank of India’s upcoming policy decision. The proposed fundraising is expected to be used to strengthen the company’s financial position and support its business requirements. The planned bond issue will be divided into three maturity periods — two-and-a-half years, three-and-a-half years, and five years. UltraTech Cement…