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EXPLAINED: 76 | Vintage Vibes

Quote of the day by Joel Greenblatt: "When it comes to long-term investing, doing “less” is often “more”

Value investor Joel Greenblatt advises that less action yields more long-term investment gains. Patience and disciplined holding outperform frequent trading and market timing. Compounding wealth requires staying invested in strong businesses through market ups and downs. Avoiding emotional reactions to price swings is crucial for investment success. Resisting the urge…

The Economic Times

India, UK trade pact to enhance exports competitiveness, slash trade costs: Experts

The India-UK free trade pact is expected to reduce trade costs significantly. Domestic goods will gain enhanced competitiveness in the British market. Labour-intensive sectors now enter the UK market with zero duty. Experts believe this agreement will achieve a USD 100 billion bilateral trade target. Indian enterprises must now leverage…

The Economic Times

How Warren Buffett's 'I made a mistake' remark helped Google co-founder Larry Page's net worth cross $300 billion

Google founder Larry Page's net worth surpassed $300 billion recently, making him one of the richest men in the world. This milestone occurred after a significant rally in Alphabet's stock shares. Legendary investor Warren Buffett admitted to regretting not investing in Alphabet much earlier. Berkshire Hathaway's initial investment in Alphabet…

The Economic Times

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'Lucky' locket buyer loses business and falls sick after purchase: Hyderabad jeweller who promised prosperity ordered to pay Rs 10 lakh

A Hyderabad jewellery shop that sold a Rs 1.16 lakh lucky stone locket energised through Vedic rituals has been ordered to pay over Rs 11 lakh in total relief after a consumer commission found it misled a customer using religious practices as a sales tool, with Rs 10 lakh in…

The Economic Times

FIFA World Cup 2026: Is Argentina about to bury the 'Curse of Tilcara' forever? Viral legend returns as champions storm into final

Argentina's potential World Cup victory revives the 'Curse of Tilcara' folklore. This legend claims a broken promise from 1986 led to decades of football heartbreak. Fans believe a 2018 visit by some players finally lifted the supposed curse. AI fact-checking suggests historical basis but denies a mystical pact. The debate…

The Economic Times

AI chatbots are at risk of spreading government restrictions on online speech, a new study says

Major AI systems show bias against criticizing restrictive leaders and governments. These models are more likely to refuse prompts targeting leaders in China and Saudi Arabia. This behavior could extend government influence over online speech worldwide. Studies reveal AI models reflect speech restrictions beyond their original borders. Developers must address…

The Economic Times

Wipro declares interim dividend worth Rs 2/share, fixes record date. Check details

Wipro declared an interim dividend of ₹2 per share, with July 27 fixed as the record date. The IT major reported modest Q1 FY27 profit and revenue growth, issued cautious quarterly guidance and reiterated its focus on AI-led business transformation.

The Economic Times

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Lufthansa to resume flights to Riyadh, Amman from September

Lufthansa Group will gradually resume flight operations to Riyadh and Amman starting in September. The German airline will first restart service to Riyadh from Frankfurt on September 10. Italy's ITA Airways will also restart flights from Rome to Riyadh beginning September 15. Austrian Airlines will offer three flights weekly from…

The Economic Times

NC's protest plan in Delhi on July 20 over J&K statehood demand won't change: Omar Abdullah

Jammu and Kashmir Chief Minister Omar Abdullah confirmed his party's protest plan. The protest in Delhi on July 20 will proceed as scheduled. He stated that the venue or mode of protest might change. Abdullah refused to label permission delays as sabotage or diversion tactics. His party intends to raise…

The Economic Times

Larry Page, Sergey Brin get $15 billion richer as Warren Buffett says Alphabet bet was his call

Warren Buffett revealed he personally initiated Berkshire Hathaway’s investment in Alphabet, lifting the stock nearly 4% and adding over $15 billion to the combined wealth of Google co-founders Larry Page and Sergey Brin. Berkshire now holds Alphabet among its top five investments, while strong AI-driven growth, cloud expansion, and increased…

The Economic Times

Prestige Estates Q1 sales bookings down 46 pc to Rs 6,579 cr

Prestige Estates Projects Ltd reported a 46 percent sales booking decline for Q1 FY27. This decrease occurred due to a high base effect from the prior year. Hyderabad led quarterly sales, contributing 49 percent of the total revenue. The company completed three projects during the June quarter, adding significant developable…

The Economic Times

Portugal becomes first EU state to join HealthAI network

Portugal became the first EU nation to join HealthAI's global network. This agreement provides access to reviewed AI health tools and incident reporting. Portugal joins other countries like Britain, India, and Brazil in this network. Europe is preparing to implement new AI rules across the bloc. This international cooperation is…

The Economic Times

Cost Inflation Index: How it can help you file your income tax return

The Income Tax Department has announced the Cost Inflation Index for the upcoming tax year. This index, set at 384, will adjust asset acquisition costs for capital gains. It becomes effective from April 1, 2026, impacting future tax calculations.

The Economic Times

PepsiCo's India confidence remains intact despite H2 uncertainties, CEO says

PepsiCo India anticipates a cautiously optimistic performance for the second half of 2026. Consumer demand remains resilient across urban and rural markets despite economic challenges. The company continues to monitor external uncertainties like weather disruptions and global issues. PepsiCo is investing significantly in India, which is a top global priority…

The Economic Times

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The Economic Times

TRAI likely to tweak regulation for spam data sharing by call management apps soon

TRAI plans to amend regulations for commercial communications soon. Call management apps may share user-reported spam details with telecom operators. This aims to strengthen the fight against unwanted calls and messages. The regulator is examining stakeholder feedback on the proposed changes.

The Economic Times

Excise case: HC gives final two weeks to Kejriwal, Sisodia to respond to CBI's plea against discharge

The Delhi High Court has granted a final chance for AAP leaders to respond. They must file their replies within two weeks regarding the CBI's plea. The court deferred the hearing to August 17 and 18 for arguments. This case involves the trial court's order discharging them earlier. Lawyers' work…

The Economic Times

ED raids several locations in Delhi-NCR in Rs 90-crore housing society fraud

In the searches carried out on July 9, the agency claimed to have recovered and seized digital devices, incriminating documents, property papers, audited financial statements and accounting records.

The Economic Times

Consumer forum asks dealer to replace faulty car with E20-compliant model, orders Rs 1 lakh payout

A consumer commission ordered a Maruti Suzuki dealer to replace a defective car. The vehicle was sold 16 months old and had recurring engine problems. The dealer failed to rectify these issues despite repeated repair attempts. The commission also directed a refund if a new E20-compliant car was not provided.…

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The Economic Times

Hydrogen Train Launch July 17: Route, top speed, interior & exterior pictures, FAQs, and all you need to know about India's first alternative-fuel train

Hydrogen train launch: India will launch its first hydrogen fuel cell train on July 17. This train generates electricity onboard using hydrogen, producing only water vapor. The Jind-Sonipat route in Haryana will host this new generation of rail transport. This initiative establishes India's first integrated hydrogen railway ecosystem. The project…

The Economic Times

'Govt anti-people, only concerned with securing 2/3rd majority': Kapil Sibal urges Wangchuk to end fast

Kapil Sibal urged activist Sonam Wangchuk to end his hunger strike. He criticized the BJP-led Centre as anti-people and lacking dialogue. Wangchuk's health is critical after nineteen days without food. Doctors warned of organ damage while Wangchuk refused to end his fast. Support for the agitation continues to grow from…

The Economic Times

Tech Mahindra Q1 Results: Net profit rises 28% YoY to Rs 1,465 crore, revenue up 18%

Tech Mahindra announced a consolidated net profit of Rs 1,465 crore for the first quarter. This represents a substantial 28% increase compared to the previous year's earnings. The company also saw its net profit rise over 8% sequentially from the prior quarter. Revenue from operations experienced an 18% year-on-year jump…

The Economic Times

Tech Mahindra Q1 Results: Net profit rises 28% YoY to Rs 1,465 crore, revenue up 18%

The Economic Times

Glaciers were found moving across the Himalayas from space; scientists just uncovered a 58,500-year-old collapse hiding in the same mountains

Space images reveal Himalayan glaciers flowing downhill, a dynamic process previously unseen. These ice masses feed vital rivers relied upon by millions for water. Ancient glaciers in India's Dibang Valley have significantly receded over time. Global studies show accelerating ice loss from glaciers worldwide annually. This transformation of frozen reserves…

The Economic Times

India pacer Gurnoor Brar handed warning, demerit point for dangerous throw in England ODI

Indian bowler Gurnoor Brar received a warning and a demerit point. He was penalized for throwing the ball dangerously during the first ODI. Brar admitted the offense and accepted the sanction proposed by the match referee. This incident occurred in the eighth over of England's innings. India secured a six-wicket…

The Economic Times

CSK felt like the right franchise despite emotional RR exit: Sanju Samson

Sanju Samson found leaving Rajasthan Royals after a decade a very difficult career decision. His strong connections with MS Dhoni and Ruturaj Gaikwad eased his transition to Chennai Super Kings. Samson felt the Chennai franchise was a perfect fit for his playing style and aspirations. He idolized Dhoni growing up…

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