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RBI bulletin: India's financial, external sectors continue to draw strength from resilient domestic economy

India's economy is showing resilience despite global uncertainties and high geopolitical tensions affecting financial markets, RBI's bulletin said. Crude oil prices have sharply increased due to escalating conflicts in West Asia, prompting concerns over inflation. The Reserve Bank indicates a strong GDP growth in the first quarter of 2026-27, with moderate current account deficits. Credit and deposit growth are also accelerating, while FDI inflows have reached a five-year high. from News-Economic Times https://ift.tt/mdVoyNj via IFTTT

McNally Bharat: ED probes 'backdoor return' of old power network via IBC

Enforcement Directorate has traced ₹105 crore of cash infusion to McNally Bharat Engineering from Vishwa Group entities. The funds moved through complex networks involving non-banking financial companies and special purpose vehicles. Investigators are examining the role of several individuals and entities associated with this cash flow. Additionally, changes in ownership after the resolution plan approval are under scrutiny. from News-Economic Times https://ift.tt/hP0cOBd via IFTTT

SC takes cognisance of Patna HC's 'offending remarks' in rape case

The Supreme Court has taken suo motu cognisance of a July 9 verdict from the Patna High Court. This verdict controversially stated that certain actions did not constitute an attempt to rape. The high court had overturned the conviction of Himanshu Kumar Pathak, who was sentenced for assault. The apex court plans to hear from the accused before deciding on the high court's ruling. from News-Economic Times https://ift.tt/XkndTIv via IFTTT

'Stopping $2.2bn going to fraudsters…': JD Vance's task force targets 750,000 Obamacare enrollments

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Meet Teodor Zajder, the 9-year-old Polish speedcuber who became the first person to solve a 3×3 Rubik's Cube in under 3 seconds

Nine-year-old Polish speedcuber Teodor Zajder set a new record for the fastest time to solve a 3x3x3 rotating puzzle cube. He completed the solve in 2.76 seconds at the GLS Big Cubes Gdańsk 2026 event in Gdańsk, Poland, on February 8, 2026. Zajder became the first person to break the three-second barrier for the puzzle. His performance surpassed the previous record of 3.05 seconds, achieved by Xuanyi Geng at the Shenyang Spring 2025 event in Shenyang, Liaoning, China, on April 13, 2025. Zajder’s result marked a new milestone in competitive speedcubing and placed his name in the record books. from News-Economic Times https://ift.tt/9cIzQDw via IFTTT

Italy’s Meloni plans to ban burqas and niqabs in schools, cap foreign students per class

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1975 batch returns to school after nearly 50 years: Childhood friends carry backpacks, wear water bottles & recreate their school days, leaving the internet delighted

Nearly five decades after leaving school, a group of friends from the 1976 batch returned to their old school and recreated their childhood memories. Instagram user Rakesh Nagar shared a video showing the friends dressed like students, complete with backpacks and water bottles, as they walked through their former school and revisited old games and activities. The nostalgic reunion touched social media users, with many calling the moment memorable and emotional. from News-Economic Times https://ift.tt/sgGwiBr via IFTTT