The Karnataka government has introduced four new skilling programmes in collaboration with the British Council. These initiatives include the SCOUT programme, English Skills for Youth, Capacity Building Training for International Officers, and a Freemium Digital Library Wall at Bengaluru University. The aim is to enhance educational opportunities, improve employability, and foster international collaboration.
Oil prices have plummeted to their lowest point in 14 months, with Brent Crude hovering around $72 per barrel and US WTI dipping below $70. Concerns over economic conditions in major consumers like the US and China are casting a shadow on the outlook for oil demand. Despite this, a report from Yes Securities suggests that prices could stay within the $70-77 range throughout FY25/26, buoyed by India's consistently strong demand for oil.
Tata Motors has reduced prices on its electric vehicles as part of the 'Festival of cars' campaign, running until October 31. Discounts include up to Rs 3 lakh off the Nexon.ev and Rs 1.20 lakh off the Punch.ev. The company aims to make EVs more accessible and accelerate their adoption in India.
Union minister Shivraj Singh Chouhan criticised Rahul Gandhi for his remarks in the US, attributing them to frustration over Congress's three consecutive Lok Sabha defeats. Chouhan emphasized that leaders should not tarnish India's image abroad. Gandhi had spoken about the lack of love, respect, and humility in Indian politics during his address to the Indian-American community.
The government plans to increase credit guarantees for micro and small enterprises by Rs 5 lakh crore over the next two years. This follows Rs 4 lakh crore in guarantees provided in the past two years through the CGTMSE scheme. The number of Udyam registered MSMEs has also surged from 1.65 crore to 5 crore.
The Airtel Africa Foundation has launched a fellowship program for undergraduate students at IIT Madras Zanzibar. The program will support 10 students from 14 African countries, covering their tuition and living expenses for a four-year BSc in Data Science and Artificial Intelligence. The initiative aims to enhance educational opportunities for deserving students.
The "commandos" would be a team of experts working with police and regional authorities, Home Minister Amit Shah told a conference.
Adding these vitamins after 30 helps women manage age-related hormonal changes, maintain energy levels, protect against premature aging, and strengthen overall health.
Rexas Finance's RXS token has made a strong debut, surpassing $200,000 on its first presale day. The platform aims to make real-world asset tokenisation accessible, allowing investors to buy digital tokens representing physical assets. With an experienced team and ambitious roadmap, Rexas Finance is poised for significant growth.
As per new filings accessed by ET, Oyo's hotel count grew from 12,938 hotels at the end of financial year 2023 to 18,103 at the end of financial year 2024, marking a 40% growth. The company's vacation homes business added 5000-6,000 homes, reaching 84,600 homes by the end of financial year 2024.
India and the Philippines will review their defence and strategic partnership, focusing on military ties amid concerns over China's actions in the South China Sea. The fifth meeting of the joint defence cooperation committee will take place in Manila. Defence Secretary Giridhar Aramane will lead the Indian delegation, while Senior Under Secretary Irineo Cruz Espino will head the Filipino team.
A Delhi court has granted interim bail to Lok Sabha MP Sheikh Abdul Rashid, known as Engineer Rashid, in a terror funding case until October 2. Rashid, arrested in 2019 under the Unlawful Activities (Prevention) Act, was linked to Kashmiri businessman Zahoor Watali's alleged funding of terrorist groups and separatists in Kashmir.
Sports Minister Mansukh Mandaviya announced cash awards for Indian athletes who won medals at the Paris Paralympics. Gold medallists will receive Rs 75 lakh, silver winners Rs 50 lakh, and bronze medallists Rs 30 lakh. Mixed team event winners will get Rs 22.5 lakh. He also promised full support for para-athletes aiming for the 2028 Los Angeles Paralympics.
Earlier on Tuesday, Europe's top court endorsed her order to Apple to pay a record 13 billion euros in back taxes to Ireland.
Bangladesh's interim government assures the continuation of India-funded projects, highlighting their importance. Finance Adviser Salehuddin Ahmed and Indian High Commissioner Pranay Verma discussed enhancing bilateral cooperation and addressing disbursement issues. Both sides expressed optimism about future economic collaboration and increased trade, with a focus on quality Bangladeshi exports to India.
CareEdge Ratings has highlighted that while the overall monsoon performance has improved from last year, the agriculture sector still faces risks due to uneven rainfall distribution. Key agrarian regions in Northern India and the Gangetic plains have significant rainfall deficits, affecting Kharif sowing, which is 97% complete.
Bandhan Mutual Fund has introduced Bandhan Business Cycle Fund, an open-ended equity scheme aimed at long-term capital appreciation by dynamically allocating investments across sectors based on business cycle stages.
Vestager, who ends her term in November, has made a name for herself going after Big Tech's tax arrangements with some EU countries and attempts to stifle smaller rivals. The court victories could embolden her successor to take a similar tack.
US stock indexes are set to open on Tuesday as S&P 500, Dow Jones, Nasdaq Composite will look to maintain the momentum.
Tata Power-DDL and Nissin Electric will launch a demonstration project to supply electricity from India's first micro substation with power voltage transformer. The project aims to provide stable and cost-effective power to remote areas without a power grid, using a 100-kVA installation that converts high-voltage power to low-voltage residential supply.
Navya Naveli, Jahnavi Mehta, and 4 more star kids who chose to carve their own unique paths outside the film industry, opting for careers beyond Bollywood fame."
The Nifty Pharma index closed 1.08 per cent up at 23256.85.
The Responsible AI in the Military Domain (REAIM) summit in Seoul, the second of its kind, follows one held in The Hague last year. At that time, around 60 nations including China endorsed a modest "call to action" without legal commitment.
The historic Madras Race Club in Guindy faces eviction after the Tamil Nadu government revoked its 99-year lease due to alleged violations and unpaid rent arrears of Rs 730.86 crore. The government plans to take possession of the 160-acre property following due procedures, while the club challenges the termination order in court.
On Tuesday, Indian markets rose for the second consecutive day, with the S&P BSE Sensex up over 360 points and Nifty50 above 25,000. Gains were noted in capital goods, healthcare, IT, power, and telecom, while energy and oil & gas stocks saw declines.