The Defence Acquisition Council, chaired by Defence Minister Rajnath Singh, has approved the procurement of ten capital acquisition proposals worth Rs 1.05 lakh crore through indigenous sourcing. This includes equipment like Recovery Vehicles, Electronic Warfare Systems, and Surface-to-Air Missiles. These procurements aim to enhance the operational readiness of the Armed Forces by improving mobility, air defense, and supply chain management.
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Arun Kumar was arrested for allegedly assaulting a coffee shop employee in Sheshadripuram after an argument over an extra cup. The incident escalated when Haque, the cashier, refused to provide an additional empty cup, leading to a verbal exchange and physical altercation. CCTV footage captured Arun and his friends assaulting Haque, who retaliated with a sharp object.
In a surprising turn, prominent Republicans like Marjorie Taylor Greene and Tucker Carlson have praised Democratic mayoral candidate Zohran Mamdani's grassroots campaign strategy, despite disagreeing with his policies. Mamdani's focus on local issues and direct engagement with constituents has garnered unexpected recognition, even as other Republicans express strong opposition and hostility towards his political ideology and proposals.
Amazon is integrating its Leadership Principles into employee evaluations, impacting salary increases and performance plans. CEO Andy Jassy's initiative aims to create a more disciplined workforce by combining adherence to these principles with performance and potential ratings. This move, part of broader industry trends, maintains Amazon's stack-ranking system, facing scrutiny for its potential impact on employee morale.
India faces challenges in verifying doctors' credentials due to the lack of an updated medical registry. The National Medical Commission has struggled to verify a significant number of doctors, leading to concerns about unqualified individuals practicing medicine. Hospitals find it difficult to conduct background checks, and specialists are alarmed by the number of doctors practicing without proper specialization.
With the deadline looming for the US to reinstate reciprocal tariffs, India-US trade talks face a stalemate as New Delhi resists lowering duties on agricultural products like maize and dairy, a key demand from Washington.
An Indian software engineer, Soham Parekh, faces accusations of working simultaneously at multiple American startups, sparking outrage in Silicon Valley. Suhail Doshi exposed Parekh's alleged deception, claiming he exploited YC companies. Several founders shared similar experiences of Parekh's impressive interviews followed by underperformance. The scandal, dubbed 'Soham-gate,' highlights vulnerabilities in remote hiring and raises concerns about widespread simultaneous employment schemes.
During severe floods in Southern China, a man was trapped on a rooftop, inaccessible by rescue boats. His resourceful neighbor used his agricultural drone, typically used for heavy lifting, to create a makeshift harness. The drone successfully airlifted the man to safety, showcasing quick thinking in a crisis.
President Trump's "One Big, Beautiful Bill" has passed Congress, bringing significant changes to taxes, healthcare, and immigration. The bill makes Trump's tax cuts permanent, increases the SALT deduction, and cuts Medicaid and food stamps.
Karnataka Chief Minister Siddaramaiah has firmly denied any leadership change, asserting his commitment to serving a full five-year term. He dismissed speculations fueled by opposition parties and addressed internal dissent rumors. Deputy CM D K Shivakumar and Congress President Mallikarjun Kharge had also commented on the matter.
Stock market recommendations: Sudeep Shah of SBICAP Securities suggests Apollo Hospitals Enterprise and LT Foods as top stock picks, foreseeing a bullish trend in Nifty and Bank Nifty. Nifty's breakout from a 31-day consolidation phase targets 25800-26100, while Bank Nifty, hitting record highs, aims for 59000. Accumulation zones and stop-loss levels are provided for both stock recommendations.