Ahmedabad and Gandhinagar have proposed hosting the 2036 Summer Olympics, with projected costs ranging from Rs 34,700 cr to Rs 64,000 cr. The plan includes four additional cities: Bhopal, Goa, Mumbai, and Pune. The ambitious budget surpasses that of Paris 2024, but there are possibilities to optimize costs.
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Indian nationals were deceived with false job offers in Myanmar and forced into scamming US-based NRIs using various fraud tactics. They faced severe punishments, including electric shocks, if they didn't comply. The operations involved impersonation and complex coordination between different scam centers.
Eight district central cooperative banks in Maharashtra are storing Rs 101.2 crore in demonetised currency, struggling with its safekeeping after the Reserve Bank of India refused to accept it due to late deposits. The Kolhapur DCC bank holds the highest amount, followed by the Pune DCC bank.
A man who accused BRS chief K Chandrasekhar Rao of corruption in a major irrigation project was murdered in Telangana. The victim was due to appear in court following his complaint about the misappropriation of public funds. Police suspect a land dispute as the motive for the killing.
A 25-year-old software professional in Hyderabad reportedly took her own life due to persistent dowry demands from her husband. Following her family's complaint, police have arrested the husband for questioning. Devika's family claims he was pressuring her to transfer property to his name, leading to frequent disputes.
Muhsin Hendricks, the world's first openly gay imam, was shot dead near Gqeberha, South Africa. He was in a car with another person when unknown assailants blocked their exit and opened fire. Hendricks was known for his LGBTQ advocacy and had previously mentioned threats against him.
The Indian men's team secured the inaugural Kho Kho World Cup title by defeating Nepal 54-36. This victory, led by captain Pratik Waikar and star player Ramji Kashyap, followed the Indian women's team's triumph over Nepal. India's path to triumph included wins against Brazil, Peru, Bhutan, Bangladesh and South Africa.
Amul creates a playful doodle on the debate over the 90-hour workweek sparked by Larsen & Toubro chairman SN Subrahmanyan, who suggested employees work long hours, including Sundays. The doodle mockingly questions, 'Labour and Toil?' and references Subrahmanyan's comment on staring at one's spouse. Celebrities and business leaders condemned the suggestion, advocating for work-life balance.
JK Rowling criticised Neil Gaiman after he denied sexual harassment allegations. Gaiman released a statement refuting accusations of non-consensual sex, expressing regret over past behavior. The accusations span several years and locations, including New Zealand. The allegations first emerged in a podcast and a police report has been filed against Gaiman.
Nir Barkat, Israel's minister for economy and industry, is optimistic about strengthening business ties with India across sectors such as high-tech, health and life sciences, agro tech, and homeland security. He emphasizes the complementary strengths of Israeli technology and Indian scaling capabilities. Discussions for increased Indian manpower in Israel are also underway.
Stock market recommendations: Mehul Kothari from Anand Rathi Shares suggests buying Force Motors, GMR Airports, and Hindalco. Force Motors shows high relative strength and a breakout; GMR Airports is near a previous breakout zone with potential pullback; Hindalco has a significant uptrend. Targets are specified for each stock.