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Consumer Durable Companies Faced A Downward Trend

Consumer Durable Companies Faced A Downward Trend

Consumer durables companies had a challenging first quarter of FY26, largely due to weak demand for summer products, as per a Union Bank of India Research report. The early arrival of the monsoon shortened the summer season, significantly impacting sales of cooling appliances like air conditioners and coolers, which dropped over 30% year-on-year. Sales of fans and refrigerators also saw double-digit declines. Overall, combined revenue of the tracked companies remained flat at ₹273 billion. Electrical companies fared better, with a 4% increase in sales to ₹166 billion, while durables declined 8% to ₹107 billion. Wires and cables showed strong growth,…
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Cognizant To Give Salary Hikes To 80% 

Cognizant To Give Salary Hikes To 80% 

On Thursday, August 14, Cognizant announced that around 80% of eligible employees will receive merit-based salary hikes starting November 1, 2025. The hikes will apply to roles up to the Senior Associate level, with the amount varying depending on location and individual performance. In India, high-performing employees can expect increases in the high single digits. The company noted that top performers will receive the most substantial hikes and mentioned that many associates have already received their best bonuses over the past three years. This update follows Cognizant’s strong Q2 results, reporting an 8.1% year-on-year revenue growth to $5.25 billion and…
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Apple Is Developing ChatGPT Like Product

Apple Is Developing ChatGPT Like Product

Apple is intensifying its efforts in the artificial intelligence (AI) space by reportedly developing a ChatGPT-like answer engine. ChatGPT, owned by OpenAI, is widely popular among consumers and businesses for its conversational AI capabilities. Interestingly, Apple already collaborates with OpenAI to integrate ChatGPT with its own AI systems. According to Mark Gurman, Apple has created a new team named AKI (Answers, Knowledge, and Information) tasked with building a proprietary ChatGPT-style search experience. Despite these moves, Apple has yet to convince users of its AI prowess. Features once promised with Siri are already available on some Chinese smartphones but not on…
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New partnership to promote lemongrass cultivation in Tripura

New partnership to promote lemongrass cultivation in Tripura

Tripura University has signed a Memorandum of Understanding (MoU) with the CSIR-Institute of Himalayan Bioresource Technology (IHBT) to enhance lemongrass cultivation in the state under the national Aroma Mission. The initiative is expected to boost rural entrepreneurship, especially among women, and promote eco-friendly practices using science and technology. The MoU, signed on July 2, 2025, formalizes a collaborative partnership that brings together academic expertise, research capacity, and field-level engagement. The pact was inked between representatives of CSIR-IHBT and the Internal Quality Assurance Cell (IQAC) of Tripura University, with both institutions committing to joint research, farmer training, and the commercial scaling…
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China Urges Peaceful Talks On Long-Standing Border Dispute With India

China Urges Peaceful Talks On Long-Standing Border Dispute With India

China acknowledged on Monday that the border dispute with India is complex and will take time to resolve, but expressed willingness to continue talks on delimitation and maintain peace. During a meeting in Qingdao on June 26, Indian Defence Minister Rajnath Singh proposed to Chinese counterpart Dong Jun a structured roadmap to de-escalate tensions and revive border demarcation mechanisms. China’s Foreign Ministry said both sides have diplomatic and military channels and urged continued dialogue. Singh stressed the need to rebuild trust post-2020 standoff and mentioned the Pahalgam terror attack and India’s Operation Sindoor against Pakistan-based terror networks.
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On World ecosystem Day, Tripura Forest Minister urges cooperation in preserving ecosystem

On World ecosystem Day, Tripura Forest Minister urges cooperation in preserving ecosystem

As the world marked World Environment Day, Tripura Forest Minister Animesh Debbarma made a heartfelt appeal to citizens across the state to take personal responsibility for protecting nature. Speaking at an event organised by the Tripura Pollution Control Board, the Minister urged every individual to commit to building a greener and more sustainable Tripura. “This day is more than just a date on the calendar — it is a reminder of our shared duty to safeguard the environment,” said Minister Debbarma. “If we fail to keep our surroundings clean, green, and healthy, the damage will fall upon us and our…
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Lungleng welcomes CM Lalduhoma for development talks

Lungleng welcomes CM Lalduhoma for development talks

Mizoram Chief Minister Pu Lalduhoma visited Lungleng village on Friday to review proposed development projects and engage directly with the local community on their needs and aspirations. During the visit, CM Lalduhoma inspected the proposed site for the Territorial Army Battalion Headquarters, a project expected to enhance regional security and boost local employment. He also visited the location earmarked for a new Human Development Centre by Bethel Ministry, aimed at delivering social services to rural and underprivileged residents. The Chief Minister was accompanied by key officials, including Social Welfare Minister Lalrinpuii, local MLA Baryl Vanneihsangi, and Frederick Lalrindika, Speaker and…
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BJP’s Raju Bista demands action against misuse of Central funds in West Bengal

BJP’s Raju Bista demands action against misuse of Central funds in West Bengal

Darjeeling MP and BJP National Spokesperson Raju Bista, speaking in Parliament on March 11 strongly criticized the West Bengal government’s land policies and alleged corruption in the implementation of central schemes. Bista highlighted that a recent gazette notification issued by the state government allows the diversion of 30% of tea garden land for non-tea purposes. He termed this policy a violation of multiple laws, including the West Bengal Land Reforms Act, 1955, the Tea Act, 1953, and the West Bengal Estates Acquisition Act, 1953. He warned that such a move could lead to the displacement of indigenous people in Darjeeling…
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Japan Develops AI Robots to Address Labor Shortage

Japan Develops AI Robots to Address Labor Shortage

Japan is addressing its severe labor shortage by introducing AI-powered robots in industries such as manufacturing, healthcare, and retail. With an aging population and declining workforce, companies are investing heavily in robotic automation to maintain productivity. AI-driven robots will take over repetitive tasks, allowing human workers to focus on more complex duties. Some experts warn that mass automation could lead to job losses, but the Japanese government is encouraging skill development programs to help workers transition into new roles. The initiative is expected to make Japan’s industries more efficient while keeping up with global technological advancements.
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Eco-Friendly Travel: UK Encourages Free Public Transport Use

Eco-Friendly Travel: UK Encourages Free Public Transport Use

The United Kingdom has launched an ambitious plan to provide free public transportation in major cities to combat air pollution and traffic congestion. The government’s goal is to reduce the number of private vehicles on roads and encourage people to use buses, trains, and trams. This initiative, backed by a significant increase in funding, is expected to lower carbon emissions and improve urban mobility. Early reports show that public transport usage has surged since the announcement. Other European countries are closely monitoring the project, considering similar policies.
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