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Govt allows NTPC to invest up to ₹20,000 cr in renewable energy

Govt allows NTPC to invest up to ₹20,000 cr in renewable energy

The government on Wednesday permitted state-run NTPC to invest up to ₹20,000 crore for renewable energy capacity addition to achieve 60 GW capacity by 2032.

I&B Minister Ashwini Vaishnaw shared details about the decision taken at the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi.

Russia launches attacks on four Ukrainian cities, at least 15 injured

Russia launches attacks on four Ukrainian cities, at least 15 injured

Russian weapons pounded four Ukrainian cities overnight from Tuesday to Wednesday, injuring at least 15 people in an attack that mostly targeted energy infrastructure, officials said.

The latest bombardment in Russia's escalating aerial campaign against civilian areas came ahead of a Sept 2 deadline set by US President Donald Trump for the Kremlin to reach a peace deal in the three-year war, under the threat of possible severe Washington sanctions if it doesn't.

Air India crash rekindles decades-old debate over cockpit video recorders

Air India crash rekindles decades-old debate over cockpit video recorders

The deadly Air India crash last month has renewed a decades-old debate in the aviation industry over installing video cameras monitoring airline pilot actions to complement the cockpit voice and flight data recorders already used by accident investigators.

One of the industry's most influential voices, International Air Transport Association head Willie Walsh, a former airline pilot, said on Wednesday in Singapore there was a strong argument for video cameras to be installed in airliner cockpits to monitor pilot actions to complement voice and flight data recorders already used by accident investigators.

Karnataka proposes ₹200 cap on movie tickets; PVR Inox faces revenue hit

Karnataka proposes ₹200 cap on movie tickets; PVR Inox faces revenue hit

The Karnataka government’s move to cap movie ticket prices at ₹200 across all theatres and multiplexes in the state could weigh on the revenue and profitability of India’s largest multiplex chain, PVR Inox Ltd.

According to a draft notification issued on Tuesday, the government has proposed amendments to the Karnataka Cinemas (Regulation) Rules, 2014, setting ₹200 as the maximum ticket price per show, inclusive of entertainment tax, for all films, regardless of language or format.

Trump likely to announce pharma tariffs as high as 200% this month

Trump likely to announce pharma tariffs as high as 200% this month

US President Donald Trump on Wednesday (IST) said he is likely to announce tariffs on pharmaceuticals by the end of this month, which could go as high as 200 per cent. The new tariffs would be part of a broader “reciprocal” trade framework scheduled for implementation on August 1, Bloomberg reported.

Speaking to reporters after returning from Pittsburgh, Trump said, “Probably at the end of the month, and we’re going to start off with a low tariff and give the pharmaceutical companies a year or so to build, and then we’re going to make it a very high tariff.”

Rahul Gandhi slams EAM's China policy, calls it a 'full blown circus'

Rahul Gandhi slams EAM's China policy, calls it a 'full blown circus'

The Congress on Tuesday hoped that Prime Minister Narendra Modi will "finally agree" to a discussion on China in the forthcoming Monsoon session of Parliament, and said that when Parliament could debate the border situation during the 1962 Chinese invasion then why not now.

Tagging a media report on External Affairs Minister S Jaishankar calling on Chinese President Xi Jinping and apprising him about the recent development in India-China bilateral ties, Congress leader Rahul Gandhi took a swipe at him.

Japan's SMFG considers making additional $1.1 bn investment in YES Bank

Japan's SMFG considers making additional $1.1 bn investment in YES Bank

Nearly two months after acquiring a significant stake in private lender YES Bank, Japanese financial major Sumitomo Mitsui Financial Group (SMFG) is considering an additional investment of around $1.1 billion, Bloomberg reported on Tuesday.

According to the report, the deal would involve SMFG acquiring 5 per cent stake from the United States (US)-based investment fund Carlyle Group and other minority shareholders. Additionally, the Japanese major may also buy about $680 million in convertible bonds issued by YES Bank to help boost growth, the report added.

WHO approves injectable HIV drug lenacapavir for high-risk communities

WHO approves injectable HIV drug lenacapavir for high-risk communities

The World Health Organization (WHO) has released updated guidelines to strengthen global HIV prevention efforts, recommending the use of lenacapavir — a newly approved, long-acting antiretroviral — for high-risk groups and in regions with high infection rates.

The recommendation was announced on 14 July at the 13th International AIDS Society Conference (IAS 2025) held in Kigali, Rwanda.

ACKO selected as preferred insurance partner for Tesla customers in India

ACKO selected as preferred insurance partner for Tesla customers in India

ACKO on Tuesday said it has been selected as the preferred insurance partner for Tesla, which has made an entry into India by opening its first showroom in Mumbai’s Bandra Kurla Complex (BKC).

With this strategic collaboration, Tesla owners in India will have a fully integrated journey — quote to cover to claim — done digitally, the insurer said.

Trump vows 100% tariff on Russia if war in Ukraine not stopped in 50 days

Trump vows 100% tariff on Russia if war in Ukraine not stopped in 50 days

US President Donald Trump on Monday (IST) threatened to impose a 100 per cent tariff on Russia if Moscow's hostilities in Kyiv don't come to an end and a deal is not reached in 50 days.

Trump made these remarks during a meeting with Nato Secretary General Mark Rutte at the White House, Bloomberg reported. He added, "We’re going to be doing very severe tariffs if we don’t have a deal in 50 days, tariffs at about 100%".

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