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INSANE: 61 | Vintage Vibes

IPO GMP buzz: Kusumgar leads with 39% GMP; SBI Funds Management, Laser Power also attract strong interest

The IPO market shows strong investor interest with high grey market premiums. Kusumgar IPO leads with a nearly 39% estimated listing gain. SBI Funds Management IPO also attracts significant attention with a 16% expected upside. Laser Power & Infra IPO offers a potential 15-16% listing gain. Alpine Texworld IPO shows…

The Economic Times

Supreme Court to hear pleas seeking probe into Ram temple donations row on July 13

The Supreme Court will hear pleas concerning alleged Ram temple donation embezzlement on July 13. An Ayodhya court granted police remand for three accused in the theft case. Eight individuals were previously sent to judicial custody by a local court. Petitioners seek a CBI probe and CAG audit of temple…

The Economic Times

Congress terms VBSA 'Very Bad Shiksha Act', asks Naidu to have courage to oppose it

In an assertive stance, the Congress party has condemned the Viksit Bharat Shiksha Adhishthan Bill, calling it a disturbing constitutional infringement by the central government. This bill is criticized for transferring grant distribution authority from education professionals to politicians, potentially undermining the operational freedom of elite institutes like IITs and…

The Economic Times

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Nithin Kamath's remarks spark public spat between Zerodha and Groww over direct mutual funds

Zerodha's Nithin Kamath and Groww are debating direct mutual fund offerings publicly. Kamath reiterated Zerodha's commitment to free direct mutual fund plans. Groww clarified that its optional subscription service does not replace direct mutual funds. Direct mutual funds remain free for do-it-yourself investors on Groww. This debate highlights shifts in…

The Economic Times

"We need cooperation": Afghanistan agriculture minister Mawlawi Attaullah Omari seeks assistance from India for modernisation

Afghanistan's Agriculture Minister sought Indian technical help for modernization. He highlighted centuries-old ties and deep cultural parallels between both nations. Eighty percent of Afghanistan's population relies on agriculture and livestock farming. India offered cooperation in seeds, research, and crop productivity enhancement. This collaboration aims to strengthen Afghanistan's agricultural sector and…

The Economic Times

'No success can erase pain of Karur': CM Vijay recalls stampede tragedy, announces memorial for victims

Tamil Nadu Chief Minister C Joseph Vijay spoke about the Karur stampede tragedy. He stated the incident remains a deep wound in his political journey. Vijay alleged police failed to manage the crowd adequately during the event. He also accused the previous DMK government of shifting blame onto him. A…

The Economic Times

India sweetens the deal for global electronics manufacturers

India is expanding electronics manufacturing by offering customs duty concessions on machinery. These incentives aim to attract investment in critical components and advanced equipment. The government seeks to deepen the domestic electronics ecosystem beyond final product assembly. This policy supports the growth of India's electronics production and export capabilities. New…

The Economic Times

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United States immigration paperwork gets AI boost, promises petitions in under 30 minutes

A new artificial intelligence platform now offers faster US immigration petition preparation. This technology promises to reduce preparation time to under thirty minutes. The platform automates document processing and information extraction for USCIS petitions. It allows users to store documents and create new petitions efficiently. This innovation aims to simplify…

The Economic Times

E20 petrol may cut mileage by 3-5% in some vehicles, but benefits outweigh impact: Oil Ministry

The government acknowledges E20 fuel's minor fuel economy reduction. This impact is outweighed by benefits like better engine performance and lower emissions. India's ethanol blending program began with pilot projects in 2001. The nation achieved ten percent blending ahead of schedule in 2022.

The Economic Times

'War is not over yet': Israeli PM Netanyahu issues fresh warning to Iran

Israeli Prime Minister Benjamin Netanyahu warned that the "war is not over yet" with Iran following the collapse of the US-Iran ceasefire. Netanyahu emphasised that Israel is preparing for all scenarios to prevent Tehran from acquiring nuclear weapons, while military leaders affirmed readiness for major upcoming operations.

The Economic Times

Global Market: Geopolitical risks return to centre stage for ECB as inflation fears resurface

Fresh US-Iran hostilities have pushed the European Central Bank back to its inflation fight. Rising energy prices now threaten to reignite price pressures across the euro zone. This renewed conflict has heightened uncertainty around the inflation outlook for policymakers. Market expectations have shifted, with traders betting on further ECB rate…

The Economic Times

Equity mutual fund inflows jump 26% to Rs 28,973 crore in June; midcap funds lead flows

Equity mutual fund inflows saw a significant surge in June, reaching Rs 28,973 crore. Midcap funds attracted the highest investor interest, followed by small cap and flexi cap funds. Sectoral and thematic funds experienced a substantial jump in inflows during the month. Conversely, dividend yield and ELSS funds continued to…

The Economic Times

Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopening

Global oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United States and Iran threaten future oil surplus forecasts. The International Energy Agency sees potential disruption to its 2027 surplus projection. Refined product markets remain tight due to refinery issues and…

The Economic Times

Newgen Software shares surge 15% as broad-based IT stocks rally

Newgen Software shares experienced a significant surge, mirroring a broader IT sector advance. The company announced key leadership changes, appointing Tarun Nandwani as CEO. Investors await the Q1 FY27 results on July 16 for business outlook. The stock shows improving technical momentum with a neutral RSI reading. Institutional ownership saw…

The Economic Times

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ENG W vs IND W Live Streaming: When and where to watch India vs England one-off test, probable playing XIs, pitch report and weather forecast

England Women vs India Women Live Streaming: England and India women commence a one-off Test match today at Lord's. Key players like Harmanpreet Kaur and Smriti Mandhana will lead their teams. The pitch is expected to offer early assistance to pacers and later to spinners. Cricket-friendly weather with warm conditions…

The Economic Times

Viral Video: Watch how Air Canada flight with over 150 people onboard veers off runway after landing at Montreal airport; airline issues big update

An Air Canada flight veered off the runway after landing at Montreal International Airport. The Boeing 737 MAX aircraft carried 156 passengers and six crew members onboard. No injuries were reported following the incident which occurred on Thursday afternoon. The runway closure caused operational delays at the busy Montreal airport.

The Economic Times

Honda to launch 2-3 premium motorcycles, new electric scooters in India this year

Honda Motorcycle & Scooter India plans to launch new premium motorcycles this year. The company will also introduce new electric scooter models to the market. This move targets India's growing premium motorcycle segment and rising incomes. Honda is expanding manufacturing capacity and localising components for new models.

The Economic Times

Why TCS employee addition just hit 4-year high amid AI job loss fears

TCS added 9,279 employees in Q1FY27, marking its strongest quarterly hiring in four years amid growing concerns over AI-led job cuts. The IT major said AI will reshape roles rather than eliminate jobs, while investments in talent, AI services and digital capabilities signal confidence in future demand and growth.

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The Economic Times

5th T20I: Clueless India stare at rare T20 'whitewash'

In a bid to salvage pride, India gears up for the final test against England in Southampton, hopeful to avoid a 4-0 series sweep. Captain Shreyas Iyer seeks his first victory amidst a challenging phase marked by inconsistent batting and difficulty facing pace bowling. The pressure mounts as England's players…

The Economic Times

Meta Muse Image: How to disable AI access to your Instagram photos

Meta launched Muse Image, an AI tool for image generation and editing. This feature allows users to create images using public Instagram photos. The feature has drawn privacy concerns because public posts and reels can be used by default to generate AI images, prompting questions around consent, misuse and user…

The Economic Times

Sheikh Hasina plans December return to Bangladesh with party colleagues to surrender

Ousted Bangladeshi Prime Minister Sheikh Hasina plans a return from India. She intends to surrender to Bangladeshi authorities around December. Hasina faces a death sentence and her party is currently banned. She believes her return will test the nation's justice system. Hasina seeks to prove the court proceedings are farcical.

The Economic Times

Noodles bought from Reliance Retail makes girl sick: Company fined Rs 20,000 for selling packet 3 months past expiry; retailer blamed her father for missing expiry date

A Himachal Pradesh consumer commission has ordered Reliance Retail to refund the purchase price and pay Rs 20,000 in compensation and litigation costs after a customer's daughter fell ill following consumption of Korean instant noodles that had expired three months before they were sold. The commission rejected Reliance's argument that…

The Economic Times

Why is BSNL selling a phone that costs more than Apple's iPhone 17 Pro and charges Rs 18 per minute for calls?

BSNL has launched a satellite phone in India for Rs 1,34,166. This device offers direct satellite connectivity for voice and SMS services. It is designed for professionals in remote and emergency situations. The high cost reflects specialized technology and smaller production volumes. Users must obtain government approval and subscribe to…

The Economic Times

India extends anti-dumping duty on seamless tubes, pipes till Jan 2027

India has extended anti-dumping duties on certain Chinese tubes and pipes. This measure will protect domestic manufacturers from cheap inbound shipments until January 2027. The government also continues anti-dumping duties on Normal Butanol imports. These duties apply to products exported from Malaysia, South Africa, and the United States. Anti-dumping measures…

The Economic Times

SBI MF IPO: Can Zerodha, Groww and other digital-first funds threaten India’s largest AMC in $1 trillion race?

As SBI Funds Management heads for its Rs 11,693-crore IPO, the rise of digital-first platforms like Zerodha and Groww is reshaping India's mutual fund industry. While digital challengers are winning younger investors, the country's largest AMC believes its scale, trust and distribution network remain powerful competitive advantages.

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