Karnataka Cabinet Makes History: No Brahmin Minister for First Time in Nearly 30 Years

In a first in 30 years, Karnataka’s new Cabinet has no Brahmin minister. This political development under Congress government has sparked widespread debate on caste representation, inclusivity. The govt defends its composition, stating it prioritizes representation for OBC, SC, ST, minority communities, alongside electoral & regional factors. Karnataka’s latest Cabinet expansion has marked a significant … Read more

President Murmu makes historic train journey to Berhampur in Odisha

President Droupadi Murmu made a historic train journey from Bhubaneswar to Berhampur in Odisha, becoming the first sitting President to do so. The trip is part of her three-day visit, which includes temple visits and other official engagements. In a historic milestone for Odisha, President Droupadi Murmu, accompanied by Odisha Governor Hari Babu Kambhampati and … Read more

Uno Minda’s Q1 FY27 Net Profit Rises To ₹315.51 Crore, Revenue Hits ₹5,556.85 Crore

Mumbai: Uno Minda Ltd reported a consolidated net profit of ₹315.51 crore for the quarter ended 30 June 2026, marking an increase from ₹309.03 crore in the corresponding quarter last year. Revenue from Operations The consolidated revenue from operations for the first quarter of fiscal year 2027 stood at ₹5,556.85 crore. This is a rise … Read more

LIC OFS Sees 66% Institutional Subscription, Government Aims To Raise ₹31,000 Crore Through Stake Sale

New Delhi: subscribed to 66.10 percent of the shares reserved for them in the Life Insurance Corporation of India (LIC) Offer-for-Sale (OFS) by noon on Tuesday. The government offered more than 28.46 crore LIC shares to institutional buyers at a floor price of Rs 382 per share. Strong Bidding Institutional investors placed bids for over … Read more

Silver Futures Soar To ₹2.19 Lakh On MCX As Global Rally & Strong Industrial Demand Fuel Gains

New Delhi: Silver futures jumped by Rs 2,670 to Rs 2.19 lakh per kg on Tuesday tracking firm global trends amid optimism over industrial demand ahead of key US economic data that could offer clues on Federal Reserve’s interest rate trajectory. On the Multi Commodity Exchange, the white metal for September delivery increased by Rs 2,670, … Read more

SEBI’s Closing Auction Session Sparks Debate Over India’s Market Readiness And Liquidity Depth

The implementation of the Securities and Exchange Board of India’s (SEBI) new Closing Auction Session (CAS) has reignited a long-standing debate between global investors and domestic market participants over whether India’s equity markets have enough depth and liquidity to support an auction-based closing mechanism. The first day of CAS saw a sharp divergence in benchmark … Read more

Alembic Pharma’s Q1 FY27 Consolidated Profit Rises 12.01% To ₹175.33 Crore

Mumbai: Alembic Pharmaceuticals Limited on Monday announced its consolidated financial results for the first quarter of fiscal year 2026-27 (Q1 FY27), showing a rise in profit and revenue. Financial Performance The company’s consolidated net profit after tax rose to ₹175.33 crore for the quarter ended 30 June 2026, up from ₹156.53 crore reported in the … Read more

KKR-Backed Leap India Unveils ₹2,480-Crore IPO, Sets ₹151-159 Price Band Ahead Of August 7 Launch

Mumbai: KKR-backed supply-chain operator Leap India Limited on Monday announced a price band of Rs 151-159 per equity share for its Rs 2,480-crore initial public offering, which will open for subscription on August 7. Investors can bid for a minimum of 94 equity shares and in multiples of the lot thereafter, the company announced at a … Read more