The Cabinet has approved the Rs 1-lakh crore Employment Linked Incentive (ELI) scheme to generate over 3.5 crore jobs in the organised sector. Announced in July 2024, the scheme aims to address concerns about job creation amid a rising number of job seekers. It targets first-time employees and encourages manufacturing companies to hire more, offering financial incentives to both.
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Vishnu Manchu's Kannappa is performing well at the box office. The film earned Rs 9.35 crore on its opening day. Day two collections reached Rs 7 crore, totaling Rs 16.35 crore. Telugu regions show strong occupancy. Tamil Nadu and Hindi versions also see rising viewership. The mythological action-drama features Prabhas, Akshay Kumar, Kajal Aggarwal, and Mohanlal in brief roles.
Neeraj Chopra, the Olympic medallist, has delighted a fan by offering an all-expenses-paid trip to the inaugural Neeraj Chopra Classic in Bengaluru after the fan requested financial assistance on social media. This generous act underscores the importance of the NC Classic, India's first World Athletics Category 'A' Javelin competition, featuring top international athletes.
India celebrates the successful launch of the Axiom-4 mission, marking its return to human spaceflight after 41 years. Group Captain Shubhanshu Shukla, aboard the SpaceX Falcon 9 rocket, carries the aspirations of 1.4 billion Indians to the International Space Station. Prime Minister Modi and former cricketer Yuvraj Singh expressed national pride.
Gold prices plummeted on MCX after a reported ceasefire announcement between Iran and Israel, with August futures dropping by approximately 3% to Rs 96,422/10 grams. Silver also declined, while both metals had previously gained due to Middle East tensions.
The entertainment industry is still grappling with the sudden loss of actor and dancer Shefali Jariwala, who passed away on June 27 following a cardiac arrest. Her untimely death sent shockwaves across the nation, leaving fans and colleagues heartbroken. Now, her husband, actor Parag Tyagi, has shared a moving tribute on Instagram, remembering her as a radiant soul who lived life with purpose and unconditional love.
Infosys is actively promoting work-life balance among its employees. The IT giant is monitoring remote work hours and cautioning staff against extended periods, citing potential health concerns. Personalized emails are sent to employees exceeding the prescribed 9.15 hours a day, five days a week.
Maharashtra has increased its one-time registration tax for luxury cars and commercial vehicles, impacting petrol, diesel, CNG, and LNG vehicles. High-end cars priced above Rs 20 lakh will face steeper taxes, potentially adding over Rs 10 lakh to their cost. While electric vehicles remain exempt, goods carriers will now be taxed based on ex-showroom price.
A shocking video circulating online shows a police officer in Kota, Rajasthan, allegedly slapping a shopkeeper unconscious after an argument over a parked bike. The NGO NCMIndia Council For Men Affairs shared the video, sparking outrage and accusations of police brutality. Social media users are demanding action against the officer, identified as SHO Pushpendra Bansiwal.
India has firmly rejected the authority of the Court of Arbitration under the Indus Waters Treaty, deeming it illegal and refusing to acknowledge its jurisdiction over the Kishenganga and Ratle hydropower projects in Jammu and Kashmir. The Ministry of External Affairs stated that India has consistently opposed the court's existence, considering its formation a breach of the treaty.
Vishal Yadav, a clerk at the Naval office in New Delhi, has been arrested for allegedly leaking classified defence information to a Pakistani handler. He shared sensitive details, including those related to Op Sindoor, in exchange for money to fund his online gaming addiction. Yadav was apprehended in Jaipur under the Official Secrets Act.