Personal loan credit growth and bank credit for the services sector has decelerated, it added. The economic think tank said: "The Purchasing Managers' Index (PMI) for manufacturing and services declined marginally in July 2024 but maintained its expansionary momentum".
A former Indian Army signalman from Uttar Pradesh's Hapur district has been sentenced to rigorous imprisonment by an NIA special court in a Pakistan-operated espionage case. Saurabh Sharma, who shared confidential Indian military data with Pakistani agents, had received funds from multiple sources. He faces varying sentences with a maximum of five years in jail and concurrent fines under multiple legal sections.
Dolby Cinema has revealed a new poster for 'Transformers One,' showcasing the vibrant look of the upcoming animated film. The movie will explore the origin story of Optimus Prime and Megatron, set on Cybertron.
Indian students secured one gold and four silver medals at the 17th International Olympiad on Astronomy and Astrophysics in Brazil. Daksh Tayalia from Bengaluru won gold, while Aayush Kuthari, Sanidhya Saraf, Banibrata Majee, and Panini earned silver. India ranked eighth overall. The next IOAA will be hosted in Mumbai next year.
Vodafone Idea has been ordered by the GST office in Patna to pay Rs 15.19 crore along with a penalty of Rs 1.51 crore for availing ineligible input tax credits in FY20 and FY21. The company disagrees with the order and plans to take legal action. The order was received on August 28, citing input tax credit issues for the fiscal years 2019-20 and 2020-21.
McDonald's India has launched its global Signature Collection of premium burgers in North and East India. These gourmet burgers start at Rs 225, while entry-level burgers remain at Rs 58. The initiative aims to meet growing consumer demand for premium products amid rising competition from other brands.
Markets regulator Sebi has proposed a comprehensive review of merchant banker regulations to address changes in market dynamics. The review includes assessing the activities of bankers, updating capital adequacy requirements, and introducing a minimum liquid net worth.
Samajwadi Party chief Akhilesh Yadav has criticized the Yogi Adityanath government over the alleged suicides of two Dalit girls in Farrukhabad and a daylight robbery at a jewellery shop in Sultanpur. Yadav claims the BJP government is embroiled in corruption and crime, and has announced a party delegation to investigate the incidents.
British Prime Minister Keir Starmer is in Germany and will visit France to focus on post-Brexit relationships. He met German Chancellor Olaf Scholz to discuss a new bilateral treaty aimed at boosting trade, defense cooperation, and tackling illegal migration. Starmer aims to rebuild vital European relationships for economic growth and joint action on pressing issues.
There is a major worry around Kamala Harris' prospects in the US Presidential Elections 2024, which has shown that she is leading in the poll race but the picture could be quite different if the polling errors are quite similar to that of 2016 and 2020, suggest political analysts in the US.
One of the tiniest airports in the world, Hacaritama Airport in Colombia, has a special waiting area beneath a mango tree. Rosy Palma, a travel influencer, detailed her straightforward but endearing experience, highlighting the airport's airy, self-serve setting and smooth ride.
Rahul Gandhi criticised the Uttar Pradesh government after two Dalit teenage girls were found hanging from a tree in Fatehgarh. He questioned the administration's priorities, pointing out that expecting justice under the BJP was a crime. The incident drew condemnation from other political leaders, who demanded an impartial investigation into the matter.
Vice President Kamala Harris's polling numbers are lagging behind those of President Joe Biden and Hillary Clinton at comparable stages of their campaigns. The race is still close, and as the campaign goes on, polling results could fluctuate.
Shimla has experienced heavy rains causing significant disruptions, including uprooted trees and partial damage to a government office. The area saw 41 mm of rain, prompting the IMD to issue a yellow warning for the next 24 hours. Experts are concerned about rising landslides, recommending water management to mitigate soil saturation.
Real Madrid versus UD Las Palmas La Liga game will be played on Thursday. Viewers in the USA will have free live streaming to watch.
Korea’s Kia too is likely to roll out a seven-seater EV based on its popular UV model, Carens next year, people said. Others include upgraded versions of MG Motor’s Gloster, Jeep’s Meridian and Kia’s Carnival models at the more premium end of the market.
Prime Minister Narendra Modi conveyed his wishes to the Indian contingent at the Paris Paralympics 2024, noting their courage and determination as inspirational for the nation. He highlighted the support of 140 crore Indians for the athletes. The Paralympic Games began with the opening ceremony in Paris, with more than 4,000 athletes competing in 22 sports over 11 days.
Donald Trump faced controversy after his aides allegedly shoved staff during a visit to Arlington National Cemetery. An official reportedly tried to stop Trump's entourage from filming in a restricted area. Trump's campaign denied wrongdoing, calling the employee 'despicable,' while Arlington Cemetery stressed its ban on political activities and filming in certain sections.
Assam Water Resources Minister Pijush Hazarika said that Banerjee can neither bully nor threaten them. "She can't control law and order in her state and is threatening us. It will not happen in Assam; I am assuring you. I can assure you she can't do anything in Assam, until the BJP govt is here and Himanta Biswa Sarma is the CM," Hazarika added.
Assam CM Himanta Biswa Sarma alleged that Jharkhand police snooped on former CM Champai Soren, who is set to join BJP. Soren's movements in New Delhi were monitored, and two Special Branch officers were caught taking photos of him at a hotel. An FIR has been registered by Delhi Police.
President Droupadi Murmu's remarks on crimes against women highlight the seriousness of the issue, urging unity beyond party politics for justice. Murmu called for a change following the rape and murder of a Kolkata doctor. The BJP criticised West Bengal's handling and Chief Minister Mamata Banerjee's response, calling for improved conviction rates and condemning perceived threats to protesting doctors.
IndiaFirst Life has become the first Indian life insurer to start operations in Gujarat International Finance Tec City (GIFT City). The company has inaugurated its IFSC Insurance Office to offer foreign currency-denominated life insurance solutions. IndiaFirst Life aims to expand its reach to international customers with a specially designed ULIP product for global Indians.
Researchers from IIT Guwahati and ISRO have discovered surprisingly low polarization in X-rays emitted by the Galactic Ultraluminous Pulsar Swift J0243.6+6124. This finding challenges existing theories about neutron stars in binary systems and their magnetic fields.
