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Delhi on flood alert as Yamuna crosses danger mark after heavy rains

Delhi on flood alert as Yamuna crosses danger mark after heavy rains

The water level of the Yamuna reached 205.75 metres at Delhi’s Old Railway Bridge on Tuesday morning, surpassing the danger mark of 205.33 metres. The increasing water level in the river is posing a risk of flooding in the low-lying parts of the city, authorities said.

On Monday, Delhi Chief Minister Rekha Gupta assured that the government is fully prepared to handle the situation.

Modi must be with us, says Navarro after India-China-Russia SCO talks

Modi must be with us, says Navarro after India-China-Russia SCO talks

Sharpening his criticism of India, White House trade adviser Peter Navarro accused Prime Minister Narendra Modi of aligning with Russia and China following his bilateral meetings with the leaders of the two countries on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Tianjin.

“Shame to see Modi getting in bed, the leader of the biggest democracy with two biggest authoritarian dictators, Putin and Xi Jinping,” Navarro told reporters.

Nestle dismisses CEO Laurent Freixe over code breach, appoints Navratil

Nestle dismisses CEO Laurent Freixe over code breach, appoints Navratil

Nestle announced on Monday that it had dismissed Chief Executive Officer Laurent Freixe with immediate effect, following an internal investigation. The inquiry revealed that Freixe failed to disclose a romantic relationship with a direct subordinate, a breach of the company’s code of conduct.

Philipp Navratil, a veteran Nestle executive who joined the group in 2001, has been appointed as the new CEO.

Gurugram drowns in heavy rain, flooding; Delhi-NCR braces for more downpour

Gurugram drowns in heavy rain, flooding; Delhi-NCR braces for more downpour

Heavy rain on Monday evening left Gurugram flooded, forcing the administration to order corporate offices and schools to shift online for Tuesday.

The District Disaster Management Authority (DDMA) said over 100 mm of rainfall was recorded between 3 pm and 7 pm on September 1, with the India Meteorological Department (IMD) issuing an orange alert for September 2, warning of heavy to very heavy rainfall.

Reliance Jio's IPO could be India's largest at ₹30,000 crore: Motilal Oswal

Reliance Jio's IPO could be India's largest at ₹30,000 crore: Motilal Oswal

Reliance Jio’s public listing planned for the first half of next year could well be the India’s largest at ₹30,000 crore, according to brokerage Motilal Oswal (MOSL), which has pegged the equity value of the holding company, Jio Platforms Limited (JPL), at ₹11.9 trillion or $135 billion.

Till now, Hyundai India’s IPO holds the badge of largest IPO that the country has seen. It had raised $3.3 billion in 2024.

India offered to cut tariffs on US goods to 'nothing', says Donald Trump

India offered to cut tariffs on US goods to 'nothing', says Donald Trump

Amid the ongoing trade tensions, United States (US) President Donald Trump has said that India has offered to cut tariffs on US goods to 'nothing'. Trump posted on Truth Social about the status of India's tariffs on US goods and said, "They have now offered to cut their Tariffs to nothing, but it's getting late. They should have done so years ago. Just some simple facts for people to ponder!!!"

Markets underestimating turn in growth cycle, says Morgan Stanley

Markets underestimating turn in growth cycle, says Morgan Stanley

India’s equity market may be underestimating the potential inflection point in the growth cycle, as current valuations do not fully reflect the nation’s improving macro fundamentals and imminent earnings recovery, foreign brokerage Morgan Stanley has said in a report.

The peak in earnings and equities lies ahead, not behind, supported by resilient domestic consumption, robust demographic trends, proactive policy reforms, and rising infrastructure investment, believes the US-headquartered firm.

OpenAI eyes India data centre with 1 GW capacity, builds local presence

OpenAI eyes India data centre with 1 GW capacity, builds local presence

OpenAI, the company behind ChatGPT, is exploring local partners to set up a data centre in India with a capacity of at least 1 gigawatt, Reuters reported citing Bloomberg News.

Backed by Microsoft, OpenAI has formally registered as a legal entity in India and started building a local team. The company said in August that it plans to open its first office in New Delhi later this year, expanding its presence in its second-largest user market.

'India, Russia stand shoulder to shoulder': PM Modi tells Putin at SCO meet

'India, Russia stand shoulder to shoulder': PM Modi tells Putin at SCO meet

Prime Minister Narendra Modi on Monday hailed the India-Russia ties, saying that New Delhi and Russia have “always stood shoulder to shoulder even in the most difficult situations”. The Prime Minister's remarks came during his bilateral talks with Russian President Vladimir Putin on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit in Tianjin, China.

In his opening remarks, PM Modi described ties with Moscow as a “special and privileged partnership” marked by continuity and high-level engagement.

No double standards are acceptable on terrorism: PM Modi at SCO summit

No double standards are acceptable on terrorism: PM Modi at SCO summit

Prime Minister Narendra Modi on Monday delivered India’s statement at the Shanghai Cooperation Organisation (SCO) Members Session in Tianjin, China. In his address, Modi emphasised the need for a collective and impartial approach in the global fight against terrorism, adding that the menace must be countered without bias to ensure long-term peace and stability.

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