Government data reveals that over 1.6 crore Indian youth have been trained under PMKVY since 2015, but job placements remain low, with only 24.3 lakh securing employment. The government is now focusing on aligning skilling with industry needs through district-level studies and financial schemes to promote self-employment, while also evaluating PMKVY 4.0 for improvements.
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The Kremlin has defended India's right to choose its trading partners, criticizing Trump's threat to raise tariffs over Russian oil imports. India has rebuffed Trump's warning as "unjustified," asserting its oil purchases are driven by market conditions. India vowed to protect its interests, noting that the US and EU also trade with Russia.
Army Chief General Upendra Dwivedi criticized Pakistan's claims of victory in the May clashes following Operation Sindoor, highlighting the importance of narrative management in war. He emphasized that the Centre granted the armed forces a "free hand" to execute Operation Sindoor after the Pahalgam attack.
Shubman Gill faced a setback by losing his fifth consecutive toss in the ongoing Test match. He became the fourth Indian captain to achieve this unwanted record in a five-match series. This losing streak marked India's fifteenth consecutive toss loss in international cricket. Gill now shares this fate with former captains Lala Amarnath, Kapil Dev, and Virat Kohli.
US President Donald Trump's announcement of a 25% tariff on Indian imports sparked criticism. Congress leaders like P Chidambaram questioned the effectiveness of 'Dosti' over diplomacy. Jairam Ramesh highlighted potential setbacks to India-US relations. The Centre responded by stating it is studying the implications and remains committed to protecting national interests.
Despite increased tariffs imposed by President Trump on Canadian goods, Canadian Trade Minister Dominic LeBlanc affirmed ongoing negotiations with the US, emphasizing the potential for mutually beneficial economic cooperation. LeBlanc cited constructive talks with US officials and highlighted Canada's commitment to addressing American trade concerns, while Prime Minister Carney expressed disappointment and refuted suggestions of closer US integration.
The Election Commission has taken strict action against West Bengal officials for manipulating the electoral roll. Officers in Baruipur Purba and Moyna constituencies are suspended and face FIRs for adding names without verification and sharing login credentials. This follows reports of similar lapses by other officials.
Goldman Sachs maintains a buy rating on Bajaj Auto, anticipating rare earth shortages to impact E2W and E3W sales. Bernstein expresses disappointment in Trent's revenue growth despite store expansion. Antique retains a buy rating on Bharti Airtel, projecting steady earnings with a potential tariff hike in Q1FY27.
A fire erupted at a New Delhi hospital in Anand Vihar on Saturday due to a short circuit, triggering blasts in oxygen cylinders. The ensuing thick smoke compelled hospital staff to evacuate patients to Pushpanjali Hospital after breaking windows. Emergency services responded swiftly, and an investigation is currently underway to determine the exact cause of the incident.
Indian exporters are accelerating shipments to the US ahead of an August 27 deadline, fearing a duty hike to 50%. A three-way split of the initial 25% tariff is in place, but concerns remain, especially for smaller businesses with less bargaining power.