The DGCA has issued a show cause notice to IndiGo regarding alleged lapses in simulator training for approximately 1,700 pilots. The regulator found that IndiGo conducted critical airfield training on simulators unqualified for high-risk airports like Calicut, Leh, and Kathmandu. IndiGo is reviewing the notice and has committed to upholding the highest safety and compliance standards.
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At least 26 migrants died Wednesday when two boats sank off the coast of Italy's Lampedusa island, with around 10 others still missing, the coastguard and UN officials said. It was a helicopter from Italy's financial police that spotted a capsized boat and several bodies in the water on Wednesday, about 14 nautical miles off Lampedusa, the coastguard said.
Rahul Gandhi alleges that over one lakh fake votes were cast in the Mahadevapura assembly seat, contributing to BJP's narrow victory in Bangalore Central. He accuses the Election Commission of colluding with the BJP to manipulate elections, demanding electronic voter data and CCTV footage as evidence. Gandhi urges judicial intervention, claiming a criminal fraud against the Constitution.
To safeguard their profitability, SBI and Union Bank of India are increasing home loan spreads despite falling policy rates. This reverses the trend of passing rate cuts to new borrowers, as banks grapple with sticky deposit costs. Public sector lenders, previously focused on market share, are now prioritizing sustainable returns, signaling a potential shift in the home loan market.
The Election Commission (EC) refuted allegations from opposition MPs Asaduddin Owaisi and Randeep Surjewala regarding the Bihar electoral roll revision, urging them to facilitate claim filings for allegedly excluded voters. The EC highlighted the low number of claims filed by party booth level agents despite reported irregularities. The revision aims to improve electoral processes, including limiting voters per booth.
Aravind Srinivas, CEO of Perplexity AI, has shaken the tech world with a $34.5 billion bid to acquire Google Chrome, a bold move that dwarfs his company’s valuation. Speaking at the Oxford Union, he urged students to embrace lifelong learning, declaring, “Education is not an event. You can choose to stop, or you can choose to learn forever.”
A devastating flash flood in Dharali village was triggered by a massive collapse of glacial sedimentary deposits, not just heavy rain. Experts estimate an avalanche of 360 million cubic meters of debris flattened structures and claimed lives. The unstable glacial deposit, combined with steep terrain, accelerated the debris flow, leaving residents with no chance of escape.
Rafael Nadal and his wife, Mery Perello, are now parents of two. They welcomed their second son, Miquel, in Palma. The name is a tribute to Mery's father. Miquel joins his older brother, Rafael Junior. Nadal retired from tennis last year. He is now focusing on family life and business.
In Chennai, Yuvanesh, a 19-year-old college student, avenged his father's murder by killing Raj Kumar, the original perpetrator. The 2008 murder of Yuvanesh's father fueled a long-standing grudge, recently ignited by Raj Kumar's taunts. Yuvanesh, along with two associates, attacked Raj Kumar at his home, leading to his death.
Prime Minister Modi addressed the nation on Independence Day, outlining initiatives for energy independence, domestic semiconductor production, and GST reforms. He introduced the PM Viksit Bharat Rojgar Yojana to boost job creation and emphasized prioritizing farmers' interests. Modi also warned against nuclear threats and criticized the Indus Waters Treaty, vowing to protect India's interests.
The Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.5%, maintaining a neutral stance. While retaining the FY26 growth forecast at 6.5%, the MPC lowered the inflation projection to 3.1%. This decision considers macroeconomic conditions, the need for further transmission of rate cuts, and favorable monsoon conditions, despite lingering global trade challenges and geopolitical uncertainties.