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Air India has announced the appointment of Tewolde Gebremariam as its new chief executive officer. The airline is currently grappling with significant issues such as unprecedented losses, safety concerns, and geopolitical disruptions affecting its global operations. In response, Air India is taking steps to modernize its fleet and consolidate its aviation ventures, entering a crucial phase of execution and expansion.

Concerns are rising over President Trump's administration's limited AI response. This follows recent AI agent security breaches by OpenAI and Anthropic. Critics point to significant donations from tech firms to Trump's reelection efforts. These ties allegedly influence the administration's approach to AI regulation. Voluntary cybersecurity tests for AI models have been announced but lack details.

Tewolde Gebremariam, known for crisis management, will lead Air India. He previously managed Ethiopian Airlines through major global crises. The airline faces safety concerns and financial losses after recent incidents. Modernising the fleet and navigating airspace restrictions will be his key tasks.

Tarun Tejpals rape acquittal order perverse untenable HC rebukes trial court

Standard Chartered secured in-principle approval to offer wealth management products in GIFT City. The International Financial Services Centres Authority granted this crucial regulatory approval. The bank plans to launch its retail wealth management offerings within the next few months. This move supports GIFT City's goal of becoming a leading international financial services hub. Standard Chartered is the first foreign bank to operate in GIFT City since 2020.

E ElectricAI launches Trion electric scooter range with claimed range of km

When a market starts rising and buying makes a comeback, something happens to a large majority of investors. They get restless. The safe, market-leading companies suddenly feel boring, and they are tempted to go looking for the next exciting stock. This is usually a mistake. A rising market is exactly when it pays to stay with the leaders. Not because they are exciting, but because when the mood suddenly changes, and it always does, they are the ones best placed to gain from it.

Kolte-Patil Developers will redevelop six societies across the Mumbai Metropolitan Region. These upcoming properties are expected to generate a total revenue of Rs 6,000 crore. The projects are located in prime areas like Santacruz West and Andheri West. These developments are scheduled for launch within the next six to twelve months.

Installations accelerate threefold under PM Surya Ghar

Govt rejects claims of ethanol blending in aviation fuel says reports are false

Union Minister Piyush Goyal refuted Rahul Gandhi's claims regarding police conduct at Jantar Mantar, asserting that the authorities acted correctly and responsibly during the protest. Gandhi accused the government of stifling dissent, highlighting alleged police violence against demonstrators and directing his criticism towards Home Minister Amit Shah. Additionally, the opposition has voiced strong disapproval of the government concerning issues like examination irregularities and paper leaks.

American shooter Jeff Browning secured the US National Championship title after training in India. He honed his skills at the Topgun Shooting Academy in New Delhi for nearly two years. Browning returned to the United States and quickly achieved championship success in Ohio. The academy also hosted virtual competitions for elite shooters during the pandemic. This training environment helped athletes maintain their competitive edge and develop skills.

Bitcoin traded near $64,700 as buyers maintained control despite profit-booking at higher levels. While major altcoins saw mixed price action, market experts highlighted steady institutional demand, supported by continued net inflows into US spot Bitcoin ETFs, as BTC consolidates below its key resistance zone of $65,000.

The Bombay High Court convicted Tarun Tejpal for rape on Thursday. He was found guilty under three sections of the Indian Penal Code. This decision overturned his previous acquittal by a Goa sessions court. The court convicted him for offenses including sexual harassment and using criminal force. The conviction relates to an incident involving a colleague in 2013.

Karnataka is discussing a long-term partnership with Anthropic for AI adoption. This collaboration aims to boost AI across governance, education, and healthcare sectors. Discussions focused on deploying AI solutions and ensuring responsible data privacy. The state plans AI certification programs and subsidised platform access. Karnataka seeks to strengthen its position as India's leading AI hub.

Shehbaz Sharif, Asim Munir head to Saudi Arabia as West Asia tensions rise

SBI Mutual Fund has announced the launch of its Magnum Equity Ex-Top 100 Long Short Fund under the Specialized Investment Fund framework. Opening on August 7, the NFO targets long-term capital growth by investing outside the top 100 stocks with a long-short strategy using equity derivatives.

Consolidated revenue from operations during the quarter stood at ₹2,580.45 crore as against ₹2,100.54 crore in the year-ago period

A Mohawk proverb teaches that children are lent by the Creator. Parents are caretakers, not owners, of these precious gifts. This wisdom encourages cherishing and guiding children on their unique paths. It promotes gratitude and nurturing relationships built on trust and love. Embracing this perspective fosters independent and compassionate adults.

Quote of the day by Virginia Woolf: Virginia Woolf's quote reminds us that other people's opinions can quietly shape our choices and limit our freedom. When we constantly seek approval, we risk losing sight of who we truly are and tying our self-worth to others' judgments. Real freedom begins the moment we stop letting outside opinions define our identity. Accepting that not everyone will agree with us is the first step towards genuine confidence, self-acceptance and living authentically according to our own values.

SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDance investments offset weaker contributions from OpenAI. The company remains focused on expanding its AI portfolio, with major investments, new financing and long-term commitments reinforcing its artificial intelligence growth strategy, according to Reuters.

The Supreme Court denied interim bail to Asaram, who is serving a life sentence. He will now receive round-the-clock assistance from a chosen caretaker. Asaram's health grounds for bail were kept pending by the court. The Rajasthan High Court had previously granted him a 20-day parole. Experts suggested he needs medical assistance but not hospitalization.

Extensive canal and drainage cleaning works have been carried out along the major canal networks connected to the airport

Zerodha co-founder Nithin Kamath said the sharp swings under the new Closing Auction Session (CAS) reflect structural weaknesses in Indian markets rather than flaws in the mechanism itself. The new 20-minute auction, replacing the earlier VWAP-based close, has caused unpredictable late-day moves and losses for options traders and algo desks, fuelling calls for changes or a rollback.

Civil Aviation Minister K Rammohan Naidu on Thursday dismissed as "completely false and irresponsible" Arvind Kejriwal's claim that the Centre plans to blend ethanol with Aviation Turbine Fuel (ATF). Naidu said there is no such proposal and stressed that ethanol should not be confused with Sustainable Aviation Fuel (SAF), an internationally certified aviation fuel that meets global safety standards.