JUNE
Another kit controversy hits Indian shooting, Shambhavi Kshirsagar disqualified at World Championships
Of the 63 teams (126 shooters) competing in the event, the Indian pair of Parth Mane and Shambhavi was the only one to be disqualified. The incident also marked the second time in five months that Shambhavi has fallen foul of equipment regulations, having suffered a similar disqualification at the Junior World Championships in Suhl, Germany, in June.
Google extends voluntary buyout offers to employees in several countries
The move comes amid mounting AI spending that has unnerved Wall Street and dented Alphabet's stock price. Microsoft last week offered voluntary buyouts to 60,000 employees in an effort to contain costs. Alphabet's workforce has grown steadily in recent quarters, but it has sought to shift resources toward priority areas.
ED raids Punjab AAP MLA, family in PMLA case
The Enforcement Directorate conducted raids on premises connected to AAP Punjab MLA Amandeep Kaur Arora. The investigation is linked to allegations of fraudulent acquisition of government properties. A total of seven premises, including residences of Arora and her family, were searched. This case originates from a June 2024 FIR filed by Punjab Police regarding government land mutation.
8th Pay Commission news: Notified a year ago, 5 biggest 8th CPC developments since November 3, 2025
8th Pay Commission latest news: On November 3, 2025, the government announced the 8th Pay Commission’s Terms of Reference. The Commission is tasked with submitting its report within an 18-month deadline ending on May 3, 2027. An 18-question questionnaire was launched to gather inputs from stakeholders about various employment issues. Additionally, stakeholder consultations began in April 2026, with meetings held in multiple cities. Recommendations will influence future pay and pension adjustments for central government employees.
India's services growth accelerates to 55.8 in October, cost pressures ease to six-year low
India's services sector activity expanded at its fastest pace in four months in October, with the HSBC India Services Purchasing Managers' Index (PMI) rising to 55.8 from 55.2 in September, while input cost inflation eased to its lowest level in more than six years, according to data released by S&P Global on Wednesday.
IT firms turn to acquisitions to boost revenue growth
The contribution rose to $147-148 million in the July-September period, reflecting a full quarter of consolidation. The acquisition has therefore become a significant part of the firm’s reported revenue base.
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Fractal Analytics crosses $100 million in quarterly revenue, Q2 profit up 139%
Revenue from operations rose about 20% to Rs 957 crore from Rs 799 crore a year earlier, according to its stock exchange filing. Revenue was up 4.8% from Rs 913 crore in the June quarter.
A used Honda Civic: Why did Michael Jackson's estate claim his image was worth $2,105 in its fight with the IRS?
The issue was all about how much Jackson's name, image, and likeness rights were worth when he died. Jackson's estate initially valued his image and likeness rights at just $2,105 in its 2009 estate tax return. It also gained attention because it was comparable to the price of a used Honda Civic.
CCI approves Kotak Mahindra Bank's acquisition of Deutsche Bank's India retail banking business
Kotak Mahindra Bank Limited has received approval from the Competition Commission of India for its acquisition. This acquisition involves Deutsche Bank AG's retail, private banking, and wealth management businesses in India. The deal includes significant assets like loans and deposits, benefiting around 150,000 customers. Additionally, a referral arrangement will be established between both banks through their affiliates.
15+ features of India's first Bullet Train: Not just 280 kmph speed, check its interiors, passenger facilities and advanced technology
India's first indigenous bullet train, B28, is designed to run at an operational speed of 249 kmph and a testing speed of 280 kmph. With eight coaches and a passenger capacity of around 557, it will feature Wi-Fi-based infotainment, multilingual information screens, ergonomic seating and modern safety systems. Trial runs on the Mumbai-Ahmedabad corridor are targeted for May-June 2027.
Railways adds 9,638 wagons to contracts worth Rs 3,925 crore
Indian Railways is increasing its wagon procurement by 24.57% through additional orders from five suppliers. The incremental orders amount to approximately ₹3,925.41 crore and include 9,638 wagons. These wagons are intended for bulk commodities and will be supplied by June 2027. Suppliers involved in this contract include Titagarh Wagons, Jupiter Wagons, and Texmaco Rail & Engineering.
South Korean president, first lady and national security adviser passport information leaked online along with 165 other people?
South Korean president Lee Jae Myung, first lady Kim Hea Kyung and national security adviser Wi Sung-lac passport information seems to have leaked online along with 165 other people, a report said. The passport details and personal details of presidential security staff have also leaked. According to broadcaster KBS, an Excel file containing the personal details was uploaded onto a paid malware scanning website in June.
Six arrested for financial fraud using mule accounts, suspected Pakistan Intelligence links
Preliminary investigation revealed that an SBI bank account belonging to FIR-named accused Marjina Begum of Ganesh Nagar, PS-Chandmari, Guwahati, had received credits amounting to lakhs of rupees within just 47 days, between 22 June and 5 August 2026. It was further observed that the amounts credited to the account were withdrawn almost immediately after each deposit, indicating a suspicious pattern of financial transactions.
Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing shows
The new shares issued to Japanese investors will go to raise working capital and fund operating expenses and capital expenditure, the filing said.
Razorpay gets final Gift City licence to expand cross-border payments
Razorpay has attained a payment service provider licence from the International Financial Services Centres Authority. This licence allows the company to process foreign-currency payments from its base in Gift City, Gujarat. The approval enables Razorpay to offer multi-currency accounts and facilitate international transactions. With established integrations with RBL Bank and ICICI Bank, the service is expected to be utilized shortly.
PC Jeweller shares drop 4% after Sebi sends warning letters to MD, company secretary. Here's why
PC Jeweller shares fell over 4% after Sebi issued warning letters to two senior executives for failing to maintain a structured digital database linked to a 2025 business update. The company said the warnings would have no financial or operational impact.
Japan's Nikkei slips as Kioxia tumbles 13%; Tokyo Electron, Panasonic limit losses
Japan’s Nikkei slipped as Kioxia plunged 13.29% following a disappointing earnings outlook, while banking stocks also weakened. Gains in Tokyo Electron and Panasonic, supported by upbeat profit forecasts and AI-related demand, limited losses. Broader investor sentiment remained cautious following Wall Street’s technology selloff and concerns over AI investment sustainability.
Ciara Mageean cause of death: What we know about the Olympic runner’s battle with bowel cancer
Ciara Mageean, the Irish middle-distance runner, passed away on November 1, 2026, at 34 years of age. She had been diagnosed with stage 4 bowel cancer in May 2025, which progressed to critical stages. Mageean announced her illness publicly in July 2025, and also shared about her struggles with the disease.
Australian outback data centre pulls timeline after regulator stalls
Startup Energy North, which says it has finance lined up for a sprawling gas and solar-powered data centre on a cattle ranch in the country's remote north, 683 km (424 miles) from the nearest city, had given a "first power" date of June 28, 2028, in regulatory filings four months ago.
Solar module cos seek more time to comply with local sourcing
Solar module manufacturers in India are raising concerns about the local availability of cells for production. They have requested an extension of the sourcing deadline beyond January 2024 to address these issues. The Renewable Energy Manufacturers Association has highlighted a significant gap between module production capacity and cell supply. Current regulations mandate that solar cells must come from approved local manufacturers for projects.
Price hikes to help Pidilite meet profitability guidance
Pidilite Industries, known for its Fevicol adhesive, anticipates maintaining profitability between 20-24% through price hikes. Managing Director Sudhanshu Vats indicated a 4-5% price increase, with potential for another rise in the March quarter. The company increased prices by 12% in the June quarter following fluctuating input costs, notably for vinyl acetate monomer. Pidilite's consolidated profit increased by 7% year-on-year, with sales rising over 21%.
UN says Yemeni staff member dies in Houthi custody, demands investigation
A Yemeni staff member of the UN Human Rights Office has died after being detained by the Houthis. Mohammad el Shami had been in custody since June 2024, and circumstances around his death remain unclear. The UN is calling for an independent investigation and the release of detained personnel. Yemen's prime minister condemned the death and held the Houthis accountable for continued detentions.
Indian Oil net profit triples YoY to 21,630 cr in Q2
Indian Oil experienced a remarkable surge in its net profit, which soared to ₹21,630 crore for the second quarter. This growth can be attributed to elevated pump prices and government subsidies for LPG sales. In contrast, the same quarter last year showcased a profit of only ₹7,610 crore. Moreover, operational revenue increased by 29%, reaching ₹2,62,935 crore, with the firm's operating profit from petroleum product sales more than doubling.
Global Markets | European shares stumble at end of best month since June on AI worries
European stock markets slid as a global selloff in technology rattled investors, with the pan-European STOXX 600 index closing in negative territory. Concerns over soaring AI infrastructure costs loomed large. However, to add a silver lining, euro zone growth exceeded forecasts amid climbing inflation and borrowing costs, while firms such as Universal Music Group and Sanofi flaunted impressive earnings in these challenging times.
Wall Street drops to its worst day since June after the sell-off for tech stocks deepens
Wall Street’s tech sell-off deepened on Friday as investors questioned whether massive spending on artificial intelligence will deliver enough returns to justify lofty valuations. The S&P 500 fell 1.8% and the Nasdaq 2.9%, with Intel plunging nearly 29% and Nvidia down 4.2%, while bitcoin also slid after a major hack at Binance.
Kylie Jenner removes Holmby Hills mansion in Los Angeles from the market, says report
Kylie Jenner's Holmby Hills mansion has been taken off the market, a report said. The cosmetics mogul relisted the 15,300 square feet property for $38.5 million in June this year after reducing the asking price by $9.5 million. The original asking price of the Los Angeles mansion was $48 million in December 2025. The property was also temporarily pulled off the market in June 2026.
Fired US general admits leaking classified Iran, Ukraine information to journalists: Report
Lt Gen Brett Sylvia admitted to leaking classified information regarding the wars in Iran and Ukraine. The admissions came after failing multiple polygraph tests during an internal investigation. His disclosures allegedly began in June 2025 and included unauthorized communication with journalists. Sylvia was dismissed from his position by Defence Secretary Pete Hegseth amid ongoing investigations into the matter.
Stock Radar: Balkrishna Industries stock breaks out from falling parallel channel; time to buy the stock which is in bear grip?
Balkrishna Industries Ltd has recently broken out from a falling parallel channel, indicating potential recovery. The stock has found support in the Rs 1,900 to 2,000 range three times since June. Analysts suggest buying the stock with a target above Rs 2,400 within the next few months. A successful retest of the breakout line as support would confirm a change of trend.
Gene Simmons and wife Shannon Tweed Simmons bought Beverly Hills modern mansion for $10.5M in 2021. 5 years later, couple list it for $11.5M
Gene Simmons has lowered the asking price of his Beverly Hills mansion to $11.5 million in June 2026. KISS bassist and co-founder has cut the asking price the sixth time since the property was listed on the market. The initial listing price was $13.995 million. He purchased the property with his wife Shannon Tweed Simmons for $10.5 million in 2021. The property is over 7,700 square feet in size.
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