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Deep-sea animals called giant tubeworms rely on hydrothermal vents to survive. | Photo Credit: US NOAA A: Life often finds a way to survive even in extreme conditions. For example, in 1960, when Don Walsh and Jacques Piccard explored the bottom of the Challenger Deep in the Mariana Trench, they spotted a small fish at…
U.S. stocks slumped on Friday (August 1, 2025), and the S&P suffered its biggest daily percentage decline in more than two months as new U.S. tariffs on dozens of trading partners and a surprisingly weak jobs report spurred selling pressure. Also weighing on equities was an 8.3% tumble in Amazon.com shares after the company posted…
Read More “Wall Street falls the most since May after employers slash hiring and tariffs roll out” »
A Florida jury on Friday found Tesla liable to pay $243 million to victims of a 2019 fatal crash of an Autopilot-equipped Model S, a verdict that could encourage more legal action against Elon Musk’s electric vehicle company. The verdict is a rare win for victims of accidents involving Autopilot. Mr. Musk has been pushing…
Read More “Tesla ordered by Florida jury to pay $243 million in fatal Autopilot crash” »
India’s exports of petroleum products such as diesel and jet fuel to the U.S. continue to be exempted from the levy of any import duty or tariff, and President Donald Trump has, for now, not indicated the penalty he plans to impose to deter New Delhi’s energy trade with Russia. On Wednesday, Mr. Trump had…
Read More “Indian fuel exports escape Trump’s tariff net, no Russian penalty yet” »
The Brokers Association ANMI (Association of National Exchanges Members of India) is working on drawing up recommendations to make cash equity markets for retail participants amidst the Jane Street manipulation in the futures and options trade. Part of their recommendations was to increase the entry barriers for retail participants to start trading in F&O. The…
Read More “Brokers association to recommend SEBI to increase entry barriers to F&O” »
Newly manufactured Maruti Suzuki cars are seen parked inside the company factory in Manesar near Gurugram. File | Photo Credit: PTI Maruti Suzuki India reported 3% growth in total vehicles sales at 1,80,526 units in July 2025, compared with 1,75,041 units in the year-ago period, amid softening demand in the domestic market. The total sales…
Read More “Maruti, M&M, Toyota sales rise, Hyundai, Tata Motors decline” »
The SpaceX logo is displayed on a building, at the Kennedy Space Center in Cape Canaveral, Fla. | Photo Credit: AP An international crew of four astronauts launched toward the International Space Station from Florida on Friday (August 1, 2025) aboard a SpaceX rocket, beating gloomy weather to embark on a routine NASA mission that…
Read More “SpaceX launches joint astronaut crew to ISS in NASA’s Crew-11 mission” »
Image for representational purposes only. | Photo Credit: Getty Images The Central government’s gross revenue from the Goods and Services Tax (GST) grew to ₹1.96 lakh crore in July, up 7.5% from the collections in July last year, and 6% higher than the collections in June 2025. Refunds under the system, however, surged by nearly…
Read More “GST collections July 2025 rise 7.5% to ₹1.96 lakh crore, says Centre” »
Image used for representative purpose only. | Photo Credit: Velankanni Raj B Aviation turbine fuel (ATF) prices were hiked 3% on Friday (August 1, 2025), while the price of commercial LPG cylinders was reduced ₹33.50, in line with fluctuations in international benchmark rates. Jet fuel (ATF) price was increased by ₹2,677.88 per kilolitre, or 2.9%,…
Read More “ATF price hiked 3%, commercial LPG rate cut by ₹33.50” »
ISRO’s launch vehicle GSLV-F16 carrying the NISAR earth observation satellite lifts off from the launch pad at the Satish Dhawan Space Centre, in Sriharikota, Andhra Pradesh, on July 30, 2025. | Photo Credit: PTI The Indian Space Research Organisation (ISRO) is hoping to launch the Block 2 BlueBird communications satellite, developed by the U.S.-based AST…
