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Anil Ambani reaches ED office in New Delhi on August 05, 2025. | Photo Credit: Shashi Shekhar Kashyap The Enforcement Directorate (ED) on Tuesday (August 5, 2025) recorded the statement of Reliance Group chairman Anil Ambani in connection with an alleged bank loan fraud case involving the group companies. Mr. Ambani reached the ED office…
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The HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, inched up to 60.5 in July from 60.4 in June. (Image used for representation) | Photo Credit: Getty Images/iStockphoto Activity in India’s services sector stood at an 11-month high in July 2025, driven by strong demand, according to a private sector survey. The…
The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose marginally 0.04% to 98.81. File | Photo Credit: Reuters The rupee depreciated 29 paise to 87.95 against the U.S. dollar in early trade on Tuesday (August 5, 2025), a tad above the crucial 88/$ level, after U.S. President Donald Trump’s latest…
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FIIs offloaded equities worth ₹2,566.51 crore while DIIs outnumbered the FIIs by purchasing equities worth ₹4,386.29 crore on August 4, 2025, according to exchange data. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty declined in initial trade on Tuesday (August 5, 2025), dragged down by selling in oil & gas shares and persistent…
A total of 16.26 lakh RECs were traded in the trading sessions held on July 9, 2025 and July 30, 2025, at a clearing price of ₹360/REC.. File | Photo Credit: S.R. Raghunathan Indian Energy Exchange (IEX) on Tuesday (August 5, 2025) said it had achieved highest-ever monthly electricity traded volume of 12,664 million units…
Read More “Indian Energy Exchange logs record trade volume of 12,664 MUs in July” »
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…
Read More “Tata Sons-backed Tata Capital files updated draft papers with SEBI for IPO” »
File image of Rajiv Anand. Photo: Special Arrangement IndusInd Bank on Monday (August 4, 2025) announced the appointment of Rajiv Anand, former Deputy Managing Director of Axis Bank, as its new MD and CEO. The board, basis approval of the Reserve Bank of India (RBI), have at its meeting held on August 4 approved the…
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A meticulous new study published in the Proceedings of the National Academy of Sciences on August 4 has warned that systematic scientific fraud is no longer a fringe concern but a pervasive, organised, and rapidly growing threat that jeopardises the foundations of research worldwide. The study has revealed a fine-grained break-up of the actors, methods,…
Read More “‘Defect to win’: science is set to be overwhelmed by fraud papers” »
In September 2013, whistleblower Edward Snowden revealed that American and British intelligence agencies had successfully cracked much of the online encryption internet users used to keep their personal data private. Snowden’s solution appeared ironic to many: to adopt end-to-end encryption en masse, rendering mass surveillance prohibitively expensive and cumbersome. In end-to-end encryption, an algorithm converts…
Read More “A random number generator using quantum physics and a blockchain” »
Flights are seen parked at Chhatrapati Shivaji Maharaj International Airport (BOM). | Photo Credit: ANI India emerged as the world’s fifth biggest aviation market, handling 241 million passengers, while Mumbai-Delhi was one of the busiest airport pairs in 2024, according to data released by global airlines’ grouping IATA. The International Airport Transport Association (IATA), which…