Bank of America shows record F
As World Cup expenses mount, BofA’s year-long business preparation is paying off. Damn the exorbitant ticket prices. Hardcore football fans are flocking to host cities in the US, Canada and Mexico for the first Tri-Nations tournament in FIFA history. And they are proving to be exceptionally big spenders. The Bank of America Institute – the…
NTPC board approves ₹20,457 crore
read 2 minutes Last update: 14 July 2026 | 12:12 am First State-run power company NTPC’s board has approved an investment of Rs 20,456.70 crore for the 1,600 MW Lara Super Thermal Power Project Stage-III in Chhattisgarh. “The Board of Directors of NTPC Limited, at its meeting held today i.e. July 11, 2026, has, inter…
CERC has ordered renewable companies
Illustration: Ajay Mohanty read 1 minute Last update: 13 July 2026 | 3:33 pm First India has asked renewable energy companies to either give up transmission rights or provide higher bank guarantees if they fail to generate power, as the country looks to free up grid capacity for projects that are actually producing power, according…
June jobs data disappoints. Yes
The decline in payroll expectations and revised data for April and May have put the Fed in a difficult position for a rate cut. June’s employment numbers were almost unchanged from the previous month, as the Bureau of Labor Statistics reported a 4.2% unemployment rate and an estimated 57,000 nonfarm payroll jobs, about half the…
Almost all tech deals have one
TCS did not disclose how much of its June quarter total contract value (TCV) of $9.5 billion qualifies as pure AI deals, but chief executive officer (CEO) and managing director (MD) K Krithivasan said very few new deals are now being signed without an AI-based element. “Traditionally, you can think of it as about a…
SIF AUM jumps 29% to ₹17,858 crore
Assets under management of specialized investment funds (SIFs) rose 29 per cent month-on-month to ₹17,858 crore at the end of June 2026, driven by strong investor inflows into hybrid investment strategies, according to Amfi data. Total SIF AUM increased from ₹13,814 crore in May, while monthly inflows increased to ₹3,782 crore from ₹1,396 crore. Market…
Indian-American Congressman Ro
Indian-American Congressman Ro Khanna, a 2028 US presidential candidate, on Saturday said he was detained by Israeli settlers with guns during a visit to Palestine. Khanna, a Democrat from California, was on Wednesday touring the ruins of Khirbet Zanuta, a Bedouin village in the southern West Bank that was abandoned after attacks by Israeli settlers…
storm baavi hits the ground
Typhoon Bavi made landfall late Saturday in eastern China’s coastal city of Taizhou, where about 2 million people were evacuated, before ravaging Japan’s southern Sakishima island chain and crossing northern Taiwan. Even as Bavi continues to slow and weaken on its northwestern path, the storm still poses a powerful threat due to the enormous amount…
Gadkari urged common man to cooperate
Union Minister Nitin Gadkari on Saturday called for deeper collaboration among BRICS countries to build sustainable, resilient, inclusive and future-ready transport systems, saying the collective strength of the grouping presents a unique opportunity to shape the future of global mobility through innovation, partnership and shared responsibility. The Union Minister for Road Transport and Highways was…
1 dead in plane crash in Bahamas
A small plane crashed in the Bahamas on Friday, killing 10 people and forcing the government to temporarily ground Flamingo Air flights. The fatal incident occurred in North Andros, just west of the archipelago’s capital Nassau. Bahamian Prime Minister Philip Brave Davis initially said that one person survived, but he later confirmed in a press…
