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Economictimes.indiatimes.com 

RPSG, Inox, Hexa bid for Enel's renewable energy projects in India

The three firms submitted their bids last week in the ₹3,000 crore enterprise value range for Enel's India business comprising renewable energy generation projects with a potential capacity of 2.5 gigawatts, the people said. The bids were preceded by a six-week period of due diligence during which the Indian suitors were given access to the assets of Enel Green Power India Pvt Ltd.

Economictimes.indiatimes.com 

India's peak power demand hits record 265.4 GW amid heatwave conditions

The latest peak surpassed Tuesday's all-time high of 260.5 GW recorded during solar hours. The latest demand levels have already crossed last summer's record peak of 243 GW, and even those recorded during the evening. The peak demand recorded is inching closer to the projected 271 GW for the season.

Economictimes.indiatimes.com 

India, South Korea to jointly develop laser weapons, air defence systems

India and South Korea are set to collaborate on advanced defence technologies. Plans include joint development and production of next-generation weapon systems. This partnership aims to leverage Korea's technological prowess and India's manufacturing capabilities. Discussions focused on areas like maritime security and emerging technologies. Agreements were signed for directed energy weapons and self-propelled air defence systems.




Economictimes.indiatimes.com 

Hong Kong's Fireside

Fireside in Central, Hong Kong, offers a new take on steakhouses. The restaurant centers on an open-fire kitchen, showcasing primal cooking. Premium cuts and seafood are prepared with a focus on natural flavor and texture. The ambiance blends industrial and intimate elements. Dining at the counter enhances the experience.

Economictimes.indiatimes.com 

One-year forward rupee rate breaches 100 per US dollar mark

The Indian rupee has crossed the Rs 100 per US dollar mark in its one-year forward rate. This comes as the spot market saw the rupee hit another historic low. Unabated dollar outflows and elevated crude prices are fueling the currency's weakness. Market watchers believe the pace of depreciation could slow if geopolitical tensions ease.

Economictimes.indiatimes.com 

Fed minutes show more policymakers were prepared to lay groundwork for rate hike

Federal Reserve minutes show growing concern that inflation driven by the Iran war could persist above the 2% target, prompting discussions around possible future rate hikes. Several policymakers signalled tightening may be needed, marking a more hawkish shift. Bond yields rose as markets priced in reduced chances of rate cuts.

Economictimes.indiatimes.com 

Rahul targets PM, Shah; BJP chief says 'it is insult to people'

Rahul Gandhi labelled Prime Minister Modi and Home Minister Shah as "traitors" for allegedly attacking the Constitution and handing over national assets to industrialists. Addressing a party meeting in Amethi, he refused to apologize for his remarks, which the BJP condemned as an insult to the nation and reflective of his frustration over electoral losses.

Economictimes.indiatimes.com 

Get into the witness mode

True renunciation is about inner freedom, not outward change. Living in witness mode, or sakshi bhav, allows one to observe emotions without being controlled by them. This practice helps maintain equanimity and handle challenges effectively. By recognizing our true self, the Atman, we can overcome emotional reactions and remain centered.

Economictimes.indiatimes.com 

Where there's a will, there are funds to deal with urban challenges

Projects worth ₹15,000 crore across six states are being awarded to kick-start the Centre's ₹1 lakh crore Urban Challenge Fund. These initiatives include water supply for villages, lake cleaning, and traffic congestion solutions. The funding model involves a 25% contribution from the Centre and states, with the remaining 50% sourced from municipal bonds, bank loans, and PPPs.

Economictimes.indiatimes.com 

Karnataka invites fresh applications under startup grant program

Karnataka's IT/BT department has reopened applications for its Elevate startup support program, offering grants up to Rs 50 lakh. This year, for the first time, four categories are running simultaneously, including Elevate Shakti for women-led ventures and Elevate Unnati for SC/ST founders, aiming for broader inclusivity across the state.

Economictimes.indiatimes.com 

AI doesn't dream of revolution: ‘Marxist AI’ says less about machine consciousness than about human labour grievances it’s fed

AI agents reportedly showing 'Marxist' leanings are not developing political consciousness. Instead, they are mirroring human discussions on exploitation and inequality found in their training data. This phenomenon highlights the persistence of labor grievances in the human world. The focus should shift to the real working conditions of those who build AI, not the imagined sentience of machines.



Economictimes.indiatimes.com 

India, Italy look to expand trade, defence ties amid Persian headwinds

India and Italy have elevated their relationship to a Special Strategic Partnership. Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni announced this major step. The two nations will hold annual meetings and boost defense and maritime security cooperation. Trade targets are set to increase significantly. Both countries are committed to combating terrorism and resolving global issues through dialogue.

Economictimes.indiatimes.com 

Ubisoft counts cost of restructuring with record annual loss

French games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial year, in the midst of a far-reaching restructuring, game delays and cancellations. - AI hopes - Ubisoft had no major releases during the 2025-26 financial year apart from strategy game " Pax Romana".


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