Goldman Sachs has lowered India's growth forecast for 2025 and 2026 due to trade tensions with the U.S., particularly tariffs imposed by President Trump. While anticipating potential negotiation on tariffs, the report emphasizes uncertainty's impact on investor confidence. Simultaneously, inflation forecasts have been revised downward, but caution is advised due to historical trends.
Anish Shah, Mahindra Group CEO, is optimistic about India-US trade negotiations. He believes the Indian government will secure a positive outcome. Shah is not overly concerned about potential US tariffs. He considers geopolitical issues like semiconductor shortages a bigger challenge. Shah highlights the strong India-US relationship. He cites the India-UK FTA as a successful example of balanced trade agreements.
Nazara Technologies shares rose after the company announced a board meeting on August 12 to consider a stock split and bonus share issue. The board will approve the company's financial results for the June '25 quarter during the meeting.
MP NEET UG Counselling 2025 seat allotment result at dme.mponline.gov.in: The Department of Public Health and Medical Education, Madhya Pradesh, will release the MP NEET UG Counselling 2025 round 1 seat allotment result on August 6. Registered candidates can check their results on dme.mponline.gov.in. Document verification and admissions will take place from August 7 to August 16, 2025, along with the option for online resignation and upgradation.
Mahindra & Mahindra will launch a one-time ESOP for approximately 23,000 employees. This initiative includes factory floor workers. It aims to reward their contributions to the company's growth. The ESOP covers Mahindra & Mahindra, Mahindra Electric Automobile, and Mahindra Last Mile Mobility. The total disbursement will range from Rs 400-500 crore.
Bayer may halt U.S. production of glyphosate, a widely used weedkiller, due to ongoing litigation. CEO Bill Anderson stated that without regulatory or legal changes to address the legal challenges, the company will be forced to cease production. Bayer has already replaced glyphosate in consumer products and threatened to withdraw Roundup from the U.S.
AI isn’t just reshaping the workplace. It’s gutting the bottom rung of the career ladder. Entry-level jobs are being automated, filtered, and squeezed out before graduates even get a foot in. Internships are now essential. Portfolios speak louder than degrees. Even the job application itself is a battle against machines. While companies insist no jobs are lost, the numbers and stories say otherwise. For young people, this is less a job market and more a maze with no map.
FX presents Alien: Earth, a prequel series set in 2120. The show follows Wendy's investigation of a Weyland-Yutani crash. It soon reveals corporate conspiracies and new alien lifeforms. Critics praise the show's depth and horror. Performances by Sydney Chandler and Timothy Olyphant are highlighted. The series explores themes of identity and artificial life.
Kiren Rijiju stated that the Lok Sabha cannot discuss the Special Intensive Revision exercise in Bihar. The matter is currently before the Supreme Court. Lok Sabha rules prohibit discussions on sub-judice matters. Rijiju also noted that the Election Commission's operations are beyond parliamentary discussion. He encouraged members to engage in debates on important legislation.
Shanghai's stock market reached a 3.5-year high amid optimism for a US-China trade deal, fueled by Trump's positive comments. Gains were led by defense and coal sectors. Investors await clarity on trade negotiations and upcoming economic data, including trade figures and inflation, for further market direction. Hong Kong's Hang Seng Index saw minimal gains.
Mohammed Siraj's stellar performance in the final Test against England propelled him to a career-best 15th position in the ICC Test rankings. His nine wickets, including a five-for, secured India's victory and a drawn series. Yashasvi Jaiswal's century lifted him back into the top-5 batting rankings, while England's Joe Root solidified his top position with another century.
Sydney Sweeney's German Shepherd, Sully Bear, faces online backlash, labeled a 'Nazi pet' due to breed's German roots and historical associations. The controversy extends to Sweeney's American Eagle ad, "Sydney Sweeney has great jeans," criticized for allegedly promoting white beauty standards. Despite the uproar, American Eagle's stock value increased, highlighting the complex intersection of celebrity, advertising, and cultural sensitivities.
The AI boom has minted a new class of billionaires, led by Nvidia's Jensen Huang, whose GPUs power the AI revolution. Young entrepreneurs like Alexandr Wang of Scale AI are also profiting from data labeling. Others, like Phil Shawe, leverage AI to enhance traditional businesses, while innovators such as Yao Runhao are exploring AI's potential in gaming.
Indian auto companies are increasing prices due to rising commodity costs. Steel prices are a particular concern. While the financial impact is currently small, it could increase. Simultaneously, SUV sales in India have declined for the first time in five years. This slowdown is attributed to factors like IT layoffs and economic uncertainty.
Bharat Forge is facing export challenges due to US tariffs. The company is cautious about its US export business outlook. FY26 is expected to be challenging. Bharat Forge focuses on unaffected markets and cost optimization. US and European operations improved in Q1. The company secured new orders worth Rs 847 crores. Defence order book stands at Rs 9,463 cr.
Shares of Transrail Lighting surged over 13% after the company reported a 105% YoY jump in Q1 net profit and strong order inflows. Revenue rose 81%, driven by robust execution in its core T&D segment. With a growing order book and bullish management commentary, the stock is now trading 76% above its IPO price after months of underperformance.
Coal India has permitted power utilities to sell electricity generated from coal supplied under long-term linkage contracts on power exchanges. This decision aims to ensure consistent coal demand amidst declining fresh purchases from Coal India.
Bitcoin remained steady above the $114,000 mark in Wednesday’s trade, reflecting cautious sentiment in the broader crypto market amid ETF outflows, technical resistance, and macroeconomic uncertainty.
A strange case unfolds in the Supreme Court. Lawyers deny involvement in a case involving a 'ghost litigant'. A favorable order was obtained based on a fake compromise. The real opponent then appeared, denying any agreement. The Supreme Court recalled its order. The Bar Council of India will investigate the matter. A police investigation may follow after the BCI report.
Shares of Godfrey Phillips India rallied 16.4% over the last two sessions after the company posted strong Q1 earnings and announced a bonus issue. In Wednesday’s trade, the stock jumped nearly 6% to hit a 52-week high of Rs 10,464.1 on the BSE.
In Delhi, the police arrested Sohan Rawat, a 24-year-old, for allegedly snatching a gold chain from Tamil Nadu MP R Sudha. The incident occurred near Tamil Nadu Bhavan. Sudha sustained minor injuries. Rawat, a habitual offender with 26 prior cases, was tracked via CCTV footage. Police recovered the stolen chain, a scooter, four mobile phones, and a motorcycle.
Liver damage often develops silently. These 9 lesser-known signs could indicate liver stress or dysfunction in men, don’t ignore them. Early detection is key to preventing serious health consequences.
Crude oil extended its 3-month rally but faces headwinds from OPEC’s September output hike and weak US jobs data. Analysts suggest a ‘sell on rise’ strategy amid bearish technical indicators, tariff threats, and geopolitical risks clouding the global oil market outlook.
About three in four US teens have used AI companion apps such as Character. ai or Replika. ai. The study, which surveyed 1,060 US teens aged 13-17, found one in five teens spent as much or more time with their AI companion than they did with real friends.
