Economist and House of Lords member Meghnad Desai passed away at 84. A former professor at the London School of Economics, Desai was known for his research on development, Marxian economics, and globalisation. Prime Minister Modi expressed condolences, acknowledging Desai's connection to India and his role in strengthening India-UK ties. Desai's influence spanned academia and politics.
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NFL legend Shannon Sharpe settled a lawsuit with a 20-year-old OnlyFans model. The model initially sued Sharpe for $50 million, alleging sexual assault. Sources indicate Sharpe paid $23 million to resolve the case. Both parties acknowledge a consensual relationship. The model's lawyer confirmed a mutually agreed resolution. Sharpe has not commented publicly on the settlement. He continues his podcast work.
Reserve Bank of India Governor Sanjay Malhotra stated that corporates will not be allowed banking licenses. The monetary policy committee retains flexibility on interest rates. Future rate decisions will depend on inflation and growth outlook. There is no plan to revise the 26% limit on promoter shareholding in private banks. RBI supports diversified ownership. The ultimate responsibility for a bank's operations lies with its board.
Sanjay Manjrekar expressed concerns over the favorable weather and pitch conditions that aided England on Day 2 of the fourth Test after India's challenging batting stint. England capitalised with a strong opening partnership, reaching 225/2 at stumps. Jonathan Trott noted the advantageous batting conditions for England, while Manjrekar praised Anshul Kamboj's potential despite unfavorable conditions.
Amit Shah directed the formation of a multi-sectoral central team. This is to mitigate losses from natural disasters. The team includes experts from various institutions. This follows a review of disasters in Himachal Pradesh. The Union government has deputed an Inter-Ministerial Central Team. They will assess damages in the state.
Ben Stokes showcased his unwavering commitment to England by surpassing his previous record for most overs bowled in a Test series during the fourth match against India. Despite past hamstring injuries, the 34-year-old captain's tireless efforts with the ball helped check India's progress. His dedication contrasts with workload management debates, setting a strong example for his team.
Govindachamy, a life convict notorious for the 2011 rape and murder case, escaped from Kannur Central Prison early Friday. Authorities discovered his absence during a morning inspection, finding clothes hanging from the prison wall. A statewide manhunt was launched, leading to his apprehension within hours after a local resident's tip-off.
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday. While Nifty50 went above 25,100, BSE Sensex was up over 150 points.
Ekta Kapoor has refuted claims that her OTT platform, ALTT, was banned for obscene content. Kapoor clarified that she and her mother, Shobha Kapoor, stepped down from ALTT in June 2021 and have no current association. This statement follows reports that the Indian government blocked 25 OTT apps, including ALTT, for allegedly streaming pornographic material violating Indian laws.
Russia has initiated direct commercial flights between Moscow and Pyongyang, marking a significant step in strengthening ties with North Korea. The inaugural Nordwind Airlines flight departed Moscow on Sunday, with plans for monthly service.
International Friendship Day, established by the UN in 2011 and observed on July 30th, celebrates the cherished bonds of friendship. It's an opportunity to express gratitude and acknowledge the value friends bring to our lives. The day is marked by sharing heartfelt wishes, quotes, and messages that highlight the importance of loyalty, support, and shared memories.