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German authorities say that part of a hotel in Germany collapsed, leaving two people dead and three others trapped in the wreckage

Authorities in Nepal all five people on board a helicopter were killed when it crashed in the mountains just north of the capital

Vinesh Phogat's disqualification from the Paris Olympics 2024, 2008 Beijing medallist Vijender Singh has voiced his concerns, calling the situation a «huge conspiracy against India.» Speaking exclusively to India Today on August 7, Vijender criticised the decision that barred Phogat from competing in the gold-medal bout against Sarah Hildebrandt of the United States. Phogat was found to be 150 grams over the permissible weight limit, which led to her disqualification. Vijender expressed his frustration, suggesting that the disqualification was part of a broader scheme to undermine Indian wrestlers. “The way she has performed is worth appreciating. Maybe some people couldn’t digest the happiness. We can reduce five to six kilograms in one night, so what’s the problem with 100 grams? I feel that someone had some problems, and so the step to disqualify was taken. She should have been given a chance to reduce the 100 grams,” Vijender told India Today. The disqualification means that Vinesh, who had earlier confirmed India’s fourth medal in Paris by defeating Cuba’s Yusneylis Guzman in the semifinals, will return empty-handed. Phogat had achieved a significant victory on August 6 by ending Japan’s Yui Susaki's 82-match unbeaten streak, but her Olympic campaign was abruptly cut short.

AIA Engineering approved a share buyback of Rs 500 crore in its meeting held today, at a price of Rs 5,000, which is a premium of 12% on its current market price of Rs 4,466. “We wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., August 07, 2024, have, inter alia, approved the Buy-back of up to 10,00,000 (Ten Lakhs Only) fully paid-up Equity Shares of face value of ~ 2/- each by the Company (representing 1.06% of the total number of Equity Shares of the Company) at a price of ~ 5,000/- (Rupees Five Thousand) per Equity Share payable in cash for a total consideration not exceeding ~. 500,00,00,000/- (Rupees Five Hundred Crores only),” said the company in its filing to the exchanges.

Probal Sen, V-P-Equity Research, ICICI Securities, says there is a reasonable dividend yield in NGC and Oil Insia and the return ratio should start to show an improvement, specifically for ONGC and to a lesser extent with Oil India, despite all the strength, I think there is still some steam left in these two stories. When did you last look at ONGC so closely after decades of tracking the energy space? Does it merit the big upgrade coming in? Three of your peers in the industry have done it. Probal Sen: We have had a positive stance on ONGC over the last year. I am surprised by the extent of the reaction. To be honest, I do not think that the production guidance that the company gave was anything new compared to what they have been anyways saying for the last three quarters.

One way to answer that question is to see if stocks are unusually expensive relative to their fundamentals and then estimate the declines required to bring them back to more normal levels. I did just that following Monday’s 3% slide in the S&P 500 Index, expecting to find a frothy market packed with overbought stocks. What I found surprised me.

qualification round made quite a statement but a tough challenge awaits defending champion Neeraj Chopra as he seeks another piece of history in the Paris Olympics men's javelin throw final round here on Thursday. Just like he did at the same stage in the Tokyo Olympics three years back, Chopra needed just a few seconds to top the qualification round with his opening throw but the similarity ends there. This time, the quality of the field is better than Tokyo with nine throwers crossing the automatic final round qualification mark of 84m in Paris as against six in Tokyo. Out of the nine, five made it to the final round with their first throws and thus will have a lot in their tanks for the medal round. The 26-year-old Chopra knows it too well, having been in the global circuit for more than eight years.

Nitin Gadkari highlighted in Rajya Sabha on Wednesday that within the next five years, India's aviation industry will use 20 per cent of Bio-aviation fuel. «Within five years our aviation industry will use 20 per cent of bio-aviation fuel, sustainable aviation fuel and that is to be starting it from parali (Stubble) and the farmer will get the rate of Rs 2500 per ton for it» said Gadkari during a reply in Rajya Sabha. The minister also highlighted that now the highway ministry is using bio-bitumen in the construction of roads which is helping India in reducing the imports of the Bitumen. Bio-bitumen is a bio-based binder derived from renewable sources like crop stubble and is used to bind the surfaces of paved roads.

CBI conducted searches at 15 locations in Chhattisgarh in connection with allegations of nepotism in the public service commission examination held in 2022, officials said on Wednesday. «Ineligible» family members of politicians, PSC officials and public servants were recruited in lucrative government jobs, they said. The searches took place at six locations in Raipur, three in Durg, two each in Mahasamund and Dhamtari and one each in Sarguja and Bilaspur at premises connected to those who benefited from the nepotism, they said. The CBI has named 16 such candidates who were appointed as deputy collectors, deputy superintendents of police and other lucrative positions, they said. The agency searched premises of 15 of them on Wednesday while the residence on one candidate was searched earlier, they said.

Amit Singh Negi has been appointed additional secretary in the PMO as part of a major top-level reshuffle effected by the Centre. A 1999-batch Indian Administrative Service (IAS) officer of the Uttarakhand cadre, Negi is currently joint secretary in the Department of Expenditure under the Union Ministry of Finance. He has been appointed as additional secretary in the Prime Minister's Office (PMO), according to an order issued by the personnel ministry. Samir Ashwin Vakil, a 1998-batch Indian Revenue Service (Income Tax) officer, has been appointed director in the Serious Fraud Investigation Office (SFIO) under the Union Ministry of Corporate Affairs for a tenure of five years, it said.

SoftBank Group swung to a small net profit of 10.4 billion yen ($70.7 million) in the April-June quarter, helped by buoyant valuations of tech stocks and marking its third consecutive quarter of gains. It missed expectations of 109 billion yen ($748 million) of profit over the quarter, according to an average of five analyst estimates compiled by LSEG and Reuters. That compares with a loss of 316.2 billion yen in the same period a year earlier.

Sam Watson, 18-year-old, set a speed climbing world record of 4.75 seconds at the Olympics. At a speed climbing event, spectators must be vigilant as athletes can scale the 15-meter wall in around five seconds. Climbing first appeared at the Tokyo Games in 2021, having been introduced to the Olympic radar at the Buenos Aires Youth Olympic Games in 2018. The sport, along with skateboarding and surfing, aimed to attract younger audiences. It will continue to be part of the program for the Los Angeles 2028 Summer Olympics.

Mint has seen an email sent by Angel One to a client citing market volatility for virtually halting the facility. “Due to market volatility, there will be 100% margin for Margin Product effective 06-Aug-2024 till further notice to safeguard clients’ interest..." A company spokesperson declined to elaborate as the listed company is in a silent period until 9 August. MTF is an industrywide practice.

Indian expats, including those at the CXO level ,looking to relocate to India primarily from the US, UK and Canada over the last year, recruitment agency Randstad India told ET. However, Randstand did not quantify the size of the surge of Indian expat applicants. The manufacturing industry is expected to double in size over the next five years from employing around 2.5 to 3 million people to around 5 million by around 2030, Yeshab Giri, Chief Commercial Officer, Operational Talent Solutions at Randstad India, told ET. Government emphasis with big ticket incentives in addition to benefiting from the China plus one strategy has seen the electronics manufacturing sector in particular opening up more opportunities for these expats. The government boosters are seen aiding local manufacturing to get stronger.

Equity benchmarks dropped in Japan and Australia, while futures pointed to modest gains in Hong Kong. The S&P 500 and Nasdaq 100 rose on Tuesday — following a Japan-led rebound in Asia — with both climbing 1% after a global meltdown. Wall Street’s “fear gauge” — the VIX — saw its biggest plunge since 2010.

Tata Power Company Ltd is scouting for more public-private hydropower projects in Bhutan, Praveer Sinha, chief executive officer, and managing director, said. On Tuesday, Tata Power announced that it has partnered with Druk Green Power Corporation Limited to develop the 600 MW Khorlochhu Hydropower Project in Bhutan with 40% equity investment. The estimated project cost is ₹6,900 crore. The cost of acquiring 40% equity is ₹830 crore, the company added. No Indian governmental or regulatory approvals are required for the transaction. «The hydro project with Bhutan is a game changer. This may be the beginning of many more such projects in Bhutan. We may look at three to four projects over the next five to seven years,» said Sinha. The company said it is working towards large-scale round-the-clock availability of power by harnessing the vast potential of hydropower through the development of the 600 MW Khorlochhu power project and its upcoming 2800 MW pumped hydro storage plants in Maharashtra.

₹25 lakh segment, which has the highest sales volumes India. The brand, part of the multinational automotive giant Stellantis, has struggled in its eight-plus years in India – Its models like the Compass and Meridian have made little headway, largely owing to their relatively high prices, and the lack of a 'mass-market' product. Now, it may be set to change that.

Despite missing penalties, the team led by Harmanpreet Singh scored the first goal of the match in the first quarter against the German rival who failed to score a goal. After trailing in first quarter, however, Germany showed their dominance by turned things around and scoring two goals against India. In the third quarter, India was seen making a comeback by tying the score with Germany at 2-2. In the final quarter, however, Germany again won the field by scoring another goal against the Indian team which sealed the former's victory and road ahead to the finals against the Netherlands.

iceberg in the world, might spend years trapped in its massive circle. This iceberg is roughly 1,640 square miles in size, which makes it five times larger than New York City and marginally larger than Rhode Island. In 1986, A23a separated from the Filchner-Ronne Ice Shelf in Antarctica. It floated away in 2020, having remained stranded in the Weddell Sea for decades. It didn't, however, make the anticipated transition into the South Atlantic's warmer waters. Rather, it became caught in a revolving current, known as a Taylor Column, just north of the inaccessible South Orkney Islands, with a daily rotation rate of roughly 15 degrees, as per the reports of MSN. A submerged object in a spinning system, such as Earth, is covered by ocean water, forming a Taylor Column. Here, the vortex is brought on by the Pirie Bank, a lump in the ocean floor. A spinning vortex is created above the obstruction as the river separates into two flows. And now the iceberg is spinning around inside this vortex. This phenomena is a distinct and unexpected aspect of ocean dynamics, according to scientists, including professor Mike Meredith and polar expert Mark Brandon.

Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal joined the other NDA MPs from Assam to call on PM Narendra Modi. Speaking on the occasion, Sarbananda Sonowal said, “We are extremely inspired by the leadership of Prime Minister Narendra Modi ji that has explored many possibilities of the rich region of the Northeast to become the growth engine of India’s next economic growth. Today, under Modi Ji’s visionary leadership, the region is making remarkable strides in transformational progress be it in transport, business, social sector, infrastructure among others. There was a time when we had to fight for one bridge over Brahmaputra and today, under Modi ji, five new bridges are being constructed. Under the dynamic leadership of PM Narendra Modi ji, the possibility of Northeast is being harnessed to empower next economic resurgence. Northeast has full potential to become hub of production and business of the South East Asia and Guwahati is going to be the lynchpin of this economic possibility, unlocking immense potential of the Northeast.” During the meeting, the MPs thanked the Prime Minister for the last 10 years that has been transformational for the state marking a new era of peace, progress and prosperity.

Banks have written off loans worth Rs 9.90 lakh crore in the last five financial years, Parliament was informed on Tuesday. During 2023-24, banks loan write off was at Rs 1.70 lakh crore, as against Rs 2.08 lakh crore in the previous fiscal, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Rajya Sabha. Write-off was highest at Rs 2.34 lakh crore during 2019-20, which came down to Rs 2.02 lakh crore in the following year and to Rs 1.74 lakh crore in 2021-22. As per the RBI guidelines and policy approved by banks' boards, NPAs, including those in respect of which full provisioning has been made on completion of four years, are removed from the balance-sheet of the bank concerned by way of write-off, he said.