EVALUATION FORMULA
India’s consumers are back, its stocks aren’t: Srinivasan Sivabalan
Amid the vibrant festive season in India, consumer demand is soaring, prompting businesses to boost sales and raise prices accordingly. However, rising costs are pressuring profit margins, causing a decline in investor confidence. The stock market struggles to reflect the upbeat consumer activity, signaling a potential need for a resolution to the Iran war and governmental intervention to promote stability.
Since 1978, Caltrans has used recycled tire rubber in 17 asphalt overlays; a technical review found less cracking, distress and maintenance than conventional mixtures, including thicker ones
In the United States, an astounding 273 million tires are discarded every year, resulting in a considerable amount of waste. To address this issue, California has implemented rubberized asphalt in road construction since 1978. This approach has had mixed outcomes across different states, with some projects failing to justify the increased costs.
Dubai in Transit: The megalopolis is trying to shake off nightmarish war months, but caution remains in the air
Dubai is struggling to regain business momentum eight months after Iranian missile strikes disrupted tourism, real estate and other sectors. While tourist arrivals and hotel occupancy have recovered from their March lows, the recovery has stalled amid renewed regional tensions.
Anti-cancer medicines: How to protect the patient today without weakening India's healthcare capacity for tomorrow
India should examine trade margins across medicines, medical devices and consumables using a common, scientifically credible method - not a one-size-fits-all formula - to identify where and how intervention is needed. Meaningful stakeholder consultation must form part of this exercise to help design a framework that is both effective and workable. It can ensure that unjustified margins are addressed while recognising legitimate differences in clinical settings, infrastructure, safety requirements, geographical reach and the cost of delivering quality care.
F1's India comeback is gathering speed, but the road to the starting grid is far from clear
Formula 1’s return to Africa has revived hopes of an Indian Grand Prix comeback, with talks involving Formula One Management, the Adani Group and the government gaining momentum. The bigger challenge is not convincing F1 of India’s market potential but fixing the tax, customs and policy problems that drove the race out in 2013, while finding space on an already crowded calendar.
From CDMO to aerospace: How Vikas Khemani finds India’s next big themes
Now, as Carnelian has ventured into mutual fund business by launching a small-cap fund with a ₹5,000 crore cap, Khemani is focusing on manufacturing, financials and IT while warning investors against confusing market capitalisation with valuation. In an interview, he explains how the fund plans to manage size, assess expensive growth opportunities and position for the next market re-rating.
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Cash landing on you: Litigation funders bet on inheritance battles over crores
Litigation funding has emerged as a viable option for individuals involved in inheritance disputes in India. Firms are assessing the potential returns and legal merits of such cases before committing funds. Many families seek assistance due to their asset-rich but cash-poor situations. The funding process can significantly alter the dynamics of ongoing legal battles for beneficiaries.

IMF chief says AI risks may exceed opportunities without safeguards and ethical framework
The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chief Kristalina Georgieva said on Friday, backing a blend of industry self-regulation and input from key governments.

Survey reveals Wall Street firms are linking bonuses and promotions to AI competency among employees
As artificial intelligence reshapes the landscape of Wall Street, its expertise is increasingly tied to salary and promotions in financial firms. Currently, about 25 per cent of these companies are tying employee pay to their AI competencies. Moreover, 30 per cent are asking for evidence of AI tool application in performance assessments. This reflects a significant evolution in how the finance sector values tech-oriented skills.

Wall Street firms tie bonuses, promotions to AI skills, survey finds
AI capabilities are rapidly gaining importance on Wall Street, with a growing trend of companies tying compensation to AI expertise. Approximately 25% of financial firms now correlate employee raises and advancements with their proficiency in AI. Moreover, about 30% of these organizations mandate reporting AI tool usage during performance evaluations. This significant shift showcases firms' eagerness for quantifiable outcomes from AI investments.

Hawaii is America’s happiest state, and it’s more than beaches and sunshine: Health, life satisfaction and financial security helped it top the 50-state ranking
Hawaii has been named the happiest state in America for 2026 according to WalletHub's analysis. The ranking considers various measures like emotional and physical well-being, work conditions, and finances. New Jersey and Utah follow closely, showing that happiness can be influenced by different factors. Hawaii's high life satisfaction and low depression rate contribute significantly to its top position.

Ashok Leyland just had a record June quarter. So why did the margin fall a full point?
Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volume, and revenue from operations rose 10.43% to Rs. 9,634 crore. Yet, the operating EBITDA was Rs. 970 crore, almost the same as a year earlier. The Q1 FY 27 result must, therefore, be understood not in terms of greater demand, but in terms of why the record volumes and revenue did not lead to an increase in operating earnings.

Nvidia releases AI safety software it says could have stopped Hugging Face hack
Nvidia has launched new software safety tools aimed at securing AI agents from potential breaches. These tools, including OpenShell and Sentry, are designed to contain rogue AI behavior efficiently. Justin Boitano from Nvidia stated that the tools could have prevented the Hugging Face hack disclosed this summer. The company also collaborates with Arm Holdings and Intel for broader compatibility with their processors.

Warren Buffett on the difference between investing in real estate and the stock market
Both purchases were small, and he says so himself. He tells the stories anyway, because between them they contain everything he knows about investing, and neither involves a share certificate, a screen, or a single price quotation. What makes them work is the same thing that stops most people from making money in the market, and it has nothing to do with skill.

BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitions
BRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more representative global order. The document outlines India's 2026 chairship priorities, recognises partner countries' contributions and calls for greater participation of Emerging Markets, Developing Countries and Least Developed Countries in global governance.

TVK’s Rs 79,219 crore spending push raises fresh concerns over Tamil Nadu finances
The Tamil Nadu government announced a massive Rs 79,219 crore budget for development projects. This spending faces criticism amid concerns about the state's growing debt burden. A panel will seek additional funds to manage fiscal pressures and debt. The budget includes significant infrastructure and welfare initiatives for the state. The government aims for economic recovery and future growth despite current difficulties.

Quote of the day by Eddie Murphy: ‘If you put your children first, you never make a...’ — Timeless life lessons from an inspiring quote on parenting, decision-making, family, selflessness, struggle, guidance, and personal growth from the legendary comedian
Quote of the day by Eddie Murphy explores how putting children first can bring clarity to difficult decisions. The idea speaks to everyday moments of uncertainty, family responsibilities, conflict and choices that test our priorities. The article considers selflessness, perspective and responsibility, while showing how care for others can also shape wiser personal decisions.

Russia Sanctions Bill: India gets a breather as Trump’s 100% tariff weapon stalls in US House
A US Senate bill to impose tougher sanctions on Russia is facing growing opposition in the House, making it unlikely to move before the November midterm elections. The bill could allow President Donald Trump to impose 100% tariffs on major buyers of Russian oil and gas, including India, China and Turkey.

Quote of the day by Bruce Lee: ‘Research your own experience, absorb what is useful, reject what is useless, add what is essentially your own’ — a lesson on the importance of learning from experience, keeping what works, letting go of what doesn’t and developing your own path instead of blindly following others
Quote of the day by Bruce Lee: Bruce Lee's enduring philosophy encourages personal research and adaptation of knowledge. He advised absorbing useful lessons and rejecting what is useless for growth. True mastery comes from combining learned skills with one's own unique personality. Lee's journey from Hong Kong to global icon inspired many performers. His message of critical thinking and personal development remains highly relevant today.

Psychology explains why power dressing makes you feel more confident - and how clothes can influence your mindset
Psychology of Power Dressing: The attire we select plays a crucial role in shaping our mindset and emotional well-being. Opting for tailored formal wear can elevate self-esteem and facilitate better self-assessment. Moreover, our clothing choices greatly affect how we are perceived in terms of professionalism. Yet, these influences aren’t always predictable, as the comfort and fit of the clothing remain essential for realizing their psychological benefits.

Supreme Court rejects plea seeking review of its order on Class 12 exams amid pandemic
"The present review petition has been filed against the final judgment and order dated June 22, 2021. We have perused the review petition as well as the grounds in support thereof. In our opinion, no case for review is made out. The review petition is accordingly dismissed," a bench of Justices A M Khanwilkar and Dinesh Maheshwari said in its order passed on Wednesday.

Assam withdraws controversial clause in Class 10, 12 exam evaluation scheme
The state government had said that as the exams were cancelled in 2021, a "special" test is required to make this year's examinees on a par with past and future students who had written and will write the examinations, and to avoid litigation in future.

Parents, students flag concerns over CBSE, CISCE evaluation formulas for class 12 results
A parents' association and students flagged several concerns with regard to the CBSE and ICSE schemes for evaluation for Class 12 results and said that many clauses are arbitrary and would be detrimental to future prospects of the students.

Uttar Pradesh government announces formula to evaluate class 10, 12 students
Explaining the formula, Deputy Chief Minister Dinesh Sharma said to calculate the results of class 12 students studying under the Uttar Pradesh Secondary Education Board (UPMSP), 50 per cent of marks obtained in class 10, 40 per cent of marks obtained in class 11's annual examination or half-yearly examination and 10 per cent of the marks obtained in pre-board of class 12 will be considered.

Class 12th evaluation: 30:30:40 weightage for class 10, 11 and 12 scores
Fourteen lakh Class 12 students from the Central Board of Secondary Education (CBSE) will be assessed on the new criteria. The Council for the Indian School Certificate Examinations (CISCE) is also expected to largely follow the CBSE formula with some additions that will be shared later in the week.

SC accepts, gives go ahead to schemes of CBSE, CISCE for evaluating Class 12 students
A special bench of Justices AM Khanwilkar and Dinesh Maheshari said “after perusing the scheme presented by the concerned Boards, prima facie, we have no hesitation in accepting the same and permit the Boards to proceed on that basis”.

Experts term CBSE's class 12 evaluation formula 'time-bound' but 'far from fair'
The Central Board of Secondary Education (CBSE) informed the Supreme Court on Thursday that it will be adopting a 30:30:40 formula for evaluation of marks for class 12 students based on results of class 10, 11 and 12 respectively.
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