New Delhi: PM Modi to inaugurate ‘Kartavya Bhavan’ at Kartavya Path on August 6
[ad_1] Prime Minister Narendra Modi is all set to inaugurate the newly built Kartavya Bhavan at Kartavya Path in the national capital tomorrow, August 6, 2025. Kartavya Bhavan, the state-of-the-art building exemplifying modern infrastructure, brings together many government ministers and departments and will thus foster efficiency, innovation and collaboration. PM Modi will inaugurate the building at noon and will, later
Trump warns medicine import tariffs could soar to 250% amid push for US drug manufacturing
[ad_1] US President Donald Trump on Tuesday signaled steep tariff hikes on imported pharmaceuticals, warning rates could reach as high as 250% over the next 18 months. The move is aimed at shifting drug production back to the United States. Speaking to CNBC, Trump said the tariffs would begin at a lower level, gradually increasing to 150% and eventually 250%.
Fox One streaming service to launch on August 21 for $19.99 per month
[ad_1] Fox Corp. will launch its direct-to-consumer streaming service, Fox One, on Aug. 21, ahead of the NFL season, the company said Tuesday. The new streaming service will cost $19.99 per month, and pay TV subscribers will receive access for free, said CEO Lachlan Murdoch during the company’s earnings call. Fox One will host the entirety of the Fox TV
After 14 years, Tamil Nadu records double-digit growth in real terms
[ad_1] On right track: The data on per capita Net State Domestic Product (NSDP) at current prices show that Tamil Nadu ranked third among major States, with an estimated per capita income of ₹3,61,619. | Photo Credit: Getty Images/iStockphoto After a gap of 14 years, Tamil Nadu has recorded a double-digit economic growth rate in real terms during 2024-25 with 11.19%,
Trump says JPMorgan Chase, Bank of America rejected him as a customer
[ad_1] President Donald Trump said Tuesday that the two largest American banks previously rejected him as a customer, reviving claims that conservative clients were being unfairly denied accounts. Trump told CNBC’s “Squawk Box” in a wide-ranging interview that JPMorgan Chase informed him he had 20 days to move “hundreds of millions of dollars in cash” to another bank. He didn’t
Uttarkashi Cloudburst: Army launches swift rescue operation after cloudburst in Dharali; Home Minister expresses concern & shares update
[ad_1] A devastating cloudburst struck the Dharali area near Harsil in Uttarakhand’s Uttarkashi district on Tuesday afternoon, triggering flash floods and landslides that caused widespread destruction in the region. Following the calamity, the Indian Army mounted a prompt and large-scale rescue operation to assist the affected civilians. The landslide occurred around 1:45 PM near Dharali village, just 4 km from
Kerala opposes Offshore Areas Atomic Minerals Rules 2025
[ad_1] Kerala’s coastline, along with parts of Odisha and Tamil Nadu, is known for its rich deposits of beach sand minerals that contain thorium | Photo Credit: K Ragesh The Kerala government has opposed the Centre’s decision to allow private sector participation in offshore atomic minerals mining, saying that it would severely impact the marine ecosystem, livelihoods of coastal communities
Jan Dhan Yojana transformed access to financial services for the poorest: PM Modi
[ad_1] Pradhan Mantri Jan Dhan Yojana (PMJDY) has transformed access to financial services for the poorest by bridging the gap between banks and the unbanked, promoting dignity, self-reliance and economic inclusion, Prime Minister Narendra Modi said on Tuesday. The PM shared an article on how the Pradhan Mantri Jan Dhan Yojana has transformed access to financial services for the poorest
Jane Street under I-T dept scanner for potential tax violation in India
[ad_1] If the tax department’s probe shows the tax rules have been breached, Jane Street could be issued with a tax demand, say sources | Photo Credit: KYLIE COOPER The Income Tax (I-T) department is investigating whether Jane Street violated tax laws in India by booking profits via its Singapore entities on its derivative trades in the Indian market, three
US opens criminal probe into alleged ‘Russiagate’ conspiracy against Trump
[ad_1] US Attorney General Pam Bondi directed prosecutors to use a grand jury to investigate claims made by Director of National Intelligence Tulsi Gabbard, say sources | Photo Credit: KEN CEDENO The US Justice Department has opened a criminal investigation into claims that national security officials participated in a conspiracy in late 2016 and early 2017 to link President Donald
Anil Ambani appears before Enforcement Directorate in bank loan ‘fraud’ linked PMLA case
[ad_1] Reliance Group Chairman Anil Ambani on Tuesday (August 5, 2025) appeared before the Enforcement Directorate for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said. He reached the office of the central probe agency in central Delhi around 11 a.m. The ED will
Gold price prediction today: Where are gold rates headed on August 5, 2025? Here’s the outlook
[ad_1] Gold price prediction: Gold is still stuck in its nearly 11-week-old range of $3250-$3450. (AI image) Gold price prediction today: Gold rates are likely to trade with a positive bias though they have been stuck in a range for some time now.Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan shares his views on gold
Tata Sons-backed Tata Capital files updated draft papers with SEBI for IPO
[ad_1] Under the Offer For Sale, Tata Sons will offload 23 crore shares and the International Finance Corporation will divest 3.58 crore shares. | Photo Credit: Special Arrangement Non-banking financial company Tata Capital has filed updated draft papers for an Initial Public Offering (IPO) comprising up to 47.58 crore equity shares. The proposed IPO is a combination of a fresh
Stock market today: Nifty50 opens below 24,700; BSE Sensex down over 150 points as Trump’s higher tariffs warning weighs on sentiment
[ad_1] Market participants are awaiting crucial global economic indicators, including US Services and Manufacturing PMI releasing today, alongside financial results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday. While Nifty50 was below 24,700, BSE Sensex dropped over 150 points. At 9:23 AM, Nifty50 was trading at 24,689.15, down 34
Elon Musk pay reboot: Tesla approves $29bn award after court setback, board bets big to retain CEO’s focus on AI
[ad_1] Tesla has approved a new stock award for CEO Elon Musk worth an estimated $29 billion, offering him 96 million shares as part of a fresh compensation deal aimed at keeping him at the company’s helm. The move comes just months after a Delaware court voided Musk’s earlier 2018 pay package, which had been valued at over $50 billion,
P.B. Balaji named JLR CEO
[ad_1] The Board of Directors of Jaguar Land Rober (JLR ), in its meeting on Monday (August 4, 2025), approved the appointment of P.B. Balaji to succeed Adrian Mardell, as the CEO of JLR, when he retires upon completion of his contract. Mr. Balaji will be joining in this role from November-2025. Mr. Mardell will continue to help with the
India responds strongly to Trump’s “more tariff” threat
[ad_1] Indian Prime Minister Narendra Modi | Photo Credit: ANI India has said that it is “unjustified and unreasonable” for the US. and EU to target it for importing oil from Russia after the commencement of the Ukraine conflict. “Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,” the spokesperson of
Mutual fund industry AUM grew sevenfold in 10 years: Study
[ad_1] The asset under management (AUM) of India’s mutual fund (MF) industry as of June 2025 was estimated at ₹74.40 lakh crore, marking a more than seven-fold growth in 10 years, Motilal Oswal Mutual Fund said in a report. The report said equity commanded the largest share at 59.94%, followed by debt at 26.53%, hybrid at 8.28%, and other categories
Tata Capital files updated DRHP to tap primary market
[ad_1] Funds raised through issue of fresh shares will be used to meet the company’s future capital requirements including onward lending Tata Capital has filed updated draft red herring prospectus with market regulator SEBI for tapping the market with an initial public offering on Monday. The IPO will consist issue of new shares and offer of sale by the existing
American Eagle Sydney Sweeney campaign ‘hottest ad’: Trump
[ad_1] A window display of actress Sydney Sweeney is seen on a window of an American Eagle store on August 01, 2025 in New York City. Michael M. Santiago | Getty Images Shares of American Eagle surged more than 15% on Monday after President Donald Trump complimented the retailer’s marketing campaign with actress Sydney Sweeney. “Sydney Sweeney, a registered Republican,
Trump threatens to “substantially raise” tariffs on India for buying Russian oil
[ad_1] File picture: US President Donald Trump | Photo Credit: NATHAN HOWARD US President Donald Trump, on Monday, said that he will “substantially raise” tariffs on India for buying Russian oil and then selling it in the open market for big profits. “India is not only buying massive amounts of Russian oil, they are then, for much of the oil
GreenLine to invest ₹400 crore to deploy 200 green trucks for HZL
[ad_1] Green logistics operator GreenLine Mobility Solutions Ltd., an Essar Group venture, has announced to invest ₹400 crore to deploy 100 Electric Trucks, for inter-unit concentrate movement between Hindustan Zinc Ltd.’s (HZL) mines and smelters, and adding 100 new LNG trucks in HZL’s fleet, to double the fleet size to 200 for long-haul finished goods transport. GreenLine will also establish a
‘RBI’s campaign for financial inclusion saturation plan, re-KYC covers a third of total gram panchayats’
[ad_1] The first month of campaign, which started on July 1 and would continue till September 30, saw as many as 1.05 lakh camps being conducted in the GPs. | Photo Credit: DANISH SIDDIQUI The Reserve Bank of India’s (RBI) nation-wide campaign for saturation of financial inclusion (FI) schemes and re-KYC at gram panchayat level has achieved one-third coverage of
JSW Cement lacks financial muscle to fight larger peers for acquisitions, says Parth Jindal
[ad_1] Parth Jindal, Managing Director of JSW Cement JSW Cement is aiming to get a 10 per cent share of the domestic cement market in the medium to long term pan-India, but growth to get there will largely be organic as the company does not have the ‘aukaat’ (status or wherewithal) to compete with the financial muscle of larger peers in
Kartavya Bhavan Building: Home Affairs, External Affairs, Rural Development, MSME, Oil Ministry to move to new offices soon
[ad_1] Several central government departments will be housed in a new building this week. The new building–called Kartavya Bhavan–will be inaugurated by Prime Minister Narendra Modi. Kartavya Bhawan is set to foster efficiency, innovation and collaboration, according to an official statement. [ad_2] Source link