Business
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WhatsApp group with 532 members, 82,000 messages, millions in cash transfers: Report exposes hawala network
The 532-member group, called “Traders of Greater Europe,” reportedly contained more than 82,000 messages exchanged between February and December 2022. The messages were used to arrange cash transfers across borders, including payments involving British cities such as London and Birmingham.
Nepal floods: 149 Indians rescued amid evacuation efforts, MEA releases names
India and China have joined intensified rescue and relief operations in flood-hit Nepal, where devastating flash floods along the Bhote Koshi and Trishuli river corridors have left workers trapped inside tunnels at hydropower projects.
At Least Seven People Die in Northern Cyprus Ferry Capsizing
At least seven people died after a ferry carrying about 267 capsized while sailing from Kyrenia in northern Cyprus to Tasucu in southern Turkey, the Anadolu news agency reported, citing Turkish Cypriot Prime Minister Unal Ustel.
Who is Divya Mittal? Why did IAS officer announce resignation on X after 13 years in civil services? What we know
Divya Mittal, the 2013-batch officer, served as district magistrate in three districts of Uttar Pradesh. She was posted as special secretary at the state government's Revenue Department.
India’s Forex Reserves Hit Record $729 Billion After $63 Billion Surge in Eight Weeks
India’s foreign exchange reserves have reached an all-time high of $729.33 billion, rising by $12.42 billion in the week ended August 21. The reserves have increased for eight consecutive weeks, gaining roughly $63 billion over the period. Strong foreign-currency inflows, particularly from NRI deposits mobilised through the RBI’s special swap facility, along with higher foreign-currency assets and gold valuations, have driven the surge.
Fertilizer management gets a digital overhaul for end-to-end tracking, subsidy targeting
The government is bringing farmer, land and crop data into its fertilizer tracking system, using data analytics for closer end-to-end monitoring. The move aims to spot supply gaps and any unusual purchases to better target fertilizer subsidies.
Miami man drops out of business college to sell Pokémon cards, clocks ₹74.4 crore sales
A man shared his entrepreneurial journey, going from earning $10 an hour at a croqueta bar to generating $7.8 million in sales in a year. He found his true calling through his love for Pokémon cards.
Bombay HC pulls up Maharashtra FDA over enforcement actions: What businesses need to know
The Bombay High Court has scrutinised Maharashtra FDA's enforcement actions against businesses, including Cipla, restaurants, hotels and dairies, questioning due process and proportionality while allowing relief in several cases.
India met FY26 fiscal consolidation target, says Sitharaman in the US
Speaking to members of the Indian diaspora in Chicago during her official visit to the US, India's finance minister, Nirmala Sitharaman, said the government had set a target of reducing borrowing to 50% of GDP by 2030.
From crude exporter to fuel importer: How Russia turned to India amid Ukrainian attacks on its refineries
Russia, one of the world's major crude exporters, has turned to gasoline imports after Ukrainian drone attacks disrupted its refineries. India has emerged as a key supplier, shipping nearly 1 million barrels of gasoline to Russia over the past two months.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities rebounded on Friday, with strong gains in heavyweight IT stocks lifting the Sensex and Nifty after two consecutive sessions of losses. Analysts expect range-bound trading amid mixed global cues and geopolitical tensions, while Nifty faces resistance near 24,200 and support around 23,900.
Beyond loneliness: Keralam’s ambitious bet on ‘aging in place’ and the silver economy
As youth migrate and palatial homes stand silent, Keralam is crafting a new blueprint for elderly care. From vibrant daycare centres to innovative ‘time banks’, explore how the rapidly ageing state is transforming loneliness into companionship.
'Fishing, sovereignty and economic policy': Why Iceland voters rejected EU membership in referendum
Icelandic voters rejected a proposal to resume EU membership talks, with 52.8% voting against. Fishing concerns, sovereignty and economic policy shaped the referendum, while the result is expected to put the EU membership debate on hold until at least 2028.
Former BJP MP Kirit Somaiya seeks SEBI probe into sharp Sensex swing during CAS
Former BJP MP Kirit Somaiya has urged SEBI to investigate the sharp swings in the Sensex during the Closing Auction Session on August 27, when the index plunged over 2,000 points within minutes before recovering much of the loss. He questioned whether the new CAS mechanism, introduced on August 3, has weaknesses related to liquidity and price discovery.
Nifty may be in accumulation phase, says Anand James; Ather, Nazara top bets
Nifty’s September series begins with a cautiously positive undertone, with options positioning indicating support at 24,000–24,100 and resistance at 24,200–24,500. A decisive breakout could trigger further gains, while a break below 24,000 may invite downside. Meanwhile, Ather Energy and Nazara Technologies remain among the top stock picks, with analysts seeing further upside after recent bullish breakouts and strong momentum.
