Month: August 2026

Centre releases additional instalment of tax devolution of ₹1.09 lakh crore to States

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Centre releases additional instalment of tax devolution of ₹1.09 lakh crore to States

Image used for representational purposes. File | Photo Credit: iStockphoto/Getty Images The Finance Ministry on Saturday (August 1, 2026) said the Centre has released an additional instalment of tax devolution to state governments amounting to ₹1.09 lakh crore, which is in addition to the normal monthly amount. Currently, 41% of taxes collected by the Centre…

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Nation

India will be the biggest destination for Japanese capital in a decade: AMFI chairman Sundeep Sikka

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India will be the biggest destination for Japanese capital in a decade: AMFI chairman Sundeep Sikka

Sundeep Sikka, chairman of the Association of Mutual Funds in India (AMFI) and MD & CEO of Nippon Life India Asset Management. | Photo Credit: Special arrangement India will emerge as the biggest destination for Japanese capital in the next 10 years, with financial services, technology, startups and social ventures in the country likely to…

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Business

India’s record renewable generation in July cuts coal’s share in power mix to 1-year low

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India’s record renewable generation in July cuts coal’s share in power mix to 1-year low

Image used for representational purposes. File | Photo Credit: Reuters The share of coal in India’s power-generation mix ​dropped to its lowest in a year in ‌July as renewable-power generation surged to a record ​high, government data showed. Renewable power jumped to ⁠20% of India’s mix, the data showed. It was 36.25 billion kilowatt-hours (kWh)…

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Business

TNPL has been steady for 10 years and will continue to grow: Palani Gurusamy, Madurai Panthers co-owner

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TNPL has been steady for 10 years and will continue to grow: Palani Gurusamy, Madurai Panthers co-owner

Fresh kit: Madurai Panthers co-owner Palani Gurusamy unveils the team jersey with captain Anirudh Sita Ram, left, and TNCA president Srinivasaraj, right. | Photo Credit: Special Arrangement Palani Gurusamy, the 52-year-old Detroit-based computer engineer and Leeds United stakeholder who recently became co-owner of TNPL franchise Madurai Panthers, believes the league’s decade-long journey has laid a…

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Sports

History-sheeter hacked to death by unidentified gang near Avadi

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History-sheeter hacked to death by unidentified gang near Avadi

A 38-year-old history-sheeter and real estate businessman was hacked to death by an unidentified gang near Pothur in Avadi on Saturday night. The deceased, identified as Satheesh, 38, of Manikandapuram near Pothur, was engaged in real estate business. According to the police, Satheesh was on his way home when a group of unidentified men waylaid…

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Nation

What is the Samudra Manthan scheme all about? | Explained

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What is the Samudra Manthan scheme all about? | Explained

The story so far: The Union Cabinet on Friday (July 31, 2026) approved an outlay of ₹84,084 crore for the Oil Ministry’s National Offshore Exploration Scheme. ‘Samudra Manthan’ seeks to provide a fillip to India’s ambitions in deepwater and ultra-deepwater explorations. The scheme, which, among other things, seeks to de-risk offshore exploration and catalyse private…

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Business

One inmate killed, six wounded in Sri Lanka prison riot, says police

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One inmate killed, six wounded in Sri Lanka prison riot, says police

Sri Lanka’s police personnel stand guard after a riot outside the Mahara Prison complex on the outskirts of Colombo on August 1, 2026. | Photo Credit: AFP At least one inmate was killed, and another six were taken to hospital after a riot at a prison outside Sri Lanka’s capital on Saturday (August 1, 2026),…

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World

Delhi High Court restrains misuse of cricketer Yuvraj Singh’s identity

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Delhi High Court restrains misuse of cricketer Yuvraj Singh’s identity

Former cricketer Yuvraj Singh. File | Photo Credit: PTI The Delhi High Court has granted interim protection to former India cricketer Yuvraj Singh, restraining individuals and online entities from using his name, image, voice, likeness, and other personality attributes without his consent, particularly using Artificial Intelligence (AI), deepfakes, and other digital technologies. Justice Jyoti Singh…

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Sports

Hardik Pandya’s trade gains traction as Mumbai Indians plans to hit reset button

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Hardik Pandya’s trade gains traction as Mumbai Indians plans to hit reset button

In focus: The speculation surrounding Hardik’s future had gathered momentum even before the conclusion of IPL 2026. | Photo Credit: EMMANUAL YOGINI Hardik Pandya could be at the centre of the Indian Premier League’s biggest trade story ahead of the 2027 season, with Mumbai Indians considering a significant overhaul after enduring its longest title drought in the competition. While no…

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Sports

Rains revive in Cauvery basin, easing Karnataka-Tamil Nadu water conflict

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Rains revive in Cauvery basin, easing Karnataka-Tamil Nadu water conflict

Nearly 19,000 cusecs was discharged from Harangi reservoir in Kodagu district as inflow went up. Improved inflows into the reservoirs in the Cauvery basin on Saturday, following heavy rains in the catchment area, have brought some relief to Karnataka amid the ongoing row over the release of Cauvery water to Tamil Nadu. The Cauvery Water…

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Nation