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Bills linked to $8M Saints star in potential blockbuster trade

The Buffalo Bills are being linked to New Orleans Saints running back Alvin Kamara as trade speculation continues to grow around the veteran star’s future. Analysts believe Buffalo could pursue Kamara because of his connection to new Bills offensive coordinator Pete Carmichael, who previously coached him in New Orleans. While Kamara’s production has declined in recent years, his pass-catching ability still makes him valuable. The Saints are also facing salary cap pressure, which could push them toward considering a trade before the 2026 NFL season begins.

T.N. government’s decision to shelve smart meters project a grave mistake: BJP

Smart meters would create a robust infrastructure fully supported by loans and grants from Central government agencies, along with private capital, Narayanan Thirupathy said

West Asia war fuels airline bankruptcy risks

Soaring jet fuel prices driven by conflict in the Middle East are likely to push more airlines into bankruptcy and spur more sector consolidation this year and next, the head of the global airline body said on Saturday. Global airlines are grappling with higher fuel costs driven by the U.S. and Israel's war with Iran, which has choked jet fuel supplies and disrupted key air corridors, forcing costly detours.Also read: Airbus delays XLR deliveries to IndiGo as war hits suppliers Budget carriers have been among ‌the hardest hit, ⁠lacking higher margin ⁠revenue streams such as premium cabins, high-paying travelers and credit card loyalty programs. The strain is already showing: U.S. budget airline Spirit Airlines collapsed last month, and it will not be the last, said Willie Walsh, director general of the International Air Transport Association, the industry's main trade body. "Unfortunately I think there will be some carriers that will find this high fuel price very difficult to cope with," Walsh told Reuters at IATA's annual summit in Rio de Janeiro, adding he expects some airlines to go out of business and others to be acquired by larger carriers. Even so, the pressure does not spell the end of the low-cost airline model, which continues to thrive outside the United States, where the big three carriers, United Airlines, Delta Air Lines and American ⁠Airlines, are squeezing ‌out budget competitors, Walsh said. "I don't see that the low-cost model is broken, in fact, quite the opposite," he said, highlighting Ryanair's strong performance in Europe as an example. There is one blockbuster deal Walsh does not see happening: United Airlines CEO Scott Kirby's audacious ⁠proposal to buy arch rival American Airlines and create a U.S. aviation behemoth. The idea, which surfaced earlier this year, failed to get done despite Kirby raising it with President Donald Trump. "I don't think that's going to happen. I think the regulatory hurdles would be very significant. I don't know whether that was a genuine effort to pursue consolidation or Scott just trying to stir up some media," Walsh said. MIDDLE EAST AIRLINE WOES The Iran conflict has upended traffic flows through Middle Eastern hubs such as Dubai, Doha and Abu Dhabi, creating acute challenges for Gulf carriers including Emirates, Qatar Airways and Etihad. Walsh said he didn't think the conflict would do permanent damage to the Gulf as an aviation hub given its strategic geographic importance and the value of the popular Gulf carriers, which account for 14% of ‌global capacity. "That capacity cannot be replaced by airlines from other regions around the world," Walsh said. "Once things settle down, I would expect the Gulf carriers to regain their important position in the market." Adding to the strain is the slow pace of aircraft deliveries from Boeing and Airbus, along with engine delays from ⁠GE Aerospace and Pratt & Whitney, a unit of RTX, limiting airlines' ability to expand fleets and improve efficiency.Also read: Airline chiefs grapple with fuel shock, fare test at Rio summit Walsh said the industry is increasingly frustrated by the delays, particularly as engine makers post strong profits while airlines struggle. He estimates supply chain disruption cost airlines about $11 billion last year. "We're disappointed that they're not moving faster. We're disappointed that they're not sharing the pain that the airline industry is sharing," he said. Aircraft and engine makers have said that much of the delays are out of their control, stemming from post-pandemic supply chain disruptions and political trade disputes. As airlines come under financial strain and climate policies lose momentum in the U.S. under Donald Trump, industry leaders have grown more cautious about meeting a 2050 net zero emissions target. Walsh said IATA is not ready to abandon the goal. "I certainly believe it's more challenging to achieve net zero in 2050 because we've not made the progress that we had expected to see on the development of sustainable fuels," he said.

Interstate Child Trafficking Racket Busted In Rajasthan; 10 Girls Rescued

Rajasthan police bust interstate human trafficking network, arrest five adults and detain a minor, rescue ten young girls, three brokers still absconding.

6 held as cop bust interstate child trafficking network in Rajasthan; 10 rescued

According to the SP, the gang targeted poor families burdened by debt by allegedly luring them with promises of jobs for their daughters

‘Don't leave, we have PM Modi’: TN BJP chief amid mass resignations post Annamalai exit

Tamil Nadu BJP chief Nainar Nagendran urged party workers to stay put following K. Annamalai's exit and new movement launch. He asserted the BJP's strength, citing PM Modi, and dismissed concerns about a dent in the party's support base. Despite several resignations, Nagendran maintained the BJP's robust future, emphasizing its ideology-driven nature.

Sandeshkhali arms bust: West Bengal STF recovers weapons from TMC leader's pond

West Bengal Police's STF unearthed a significant cache of firearms and ammunition from a pond linked to a Trinamool Congress leader in Sandeshkhali. The discovery, made following a tip-off, has led to a manhunt for the leader and his brother, who are reportedly absconding. Authorities suspect the weapons were intended to incite unrest in the region.

Telangana DCA busts illegal API sales unit in Hyderabad’s Kukatpally

Annamalai's formula is likely to be a blockbuster. Vijay has already proved it

Annamalai's formula is likely to be a blockbuster. Vijay has already proved it

Cockroach Kingpin In Australia Caught With 1,00,000 Illegal Insects In Record Bust

Madagascar hissing and dubia cockroaches are illegal to import into Australia.

$1.3 trillion erased from Wall Street: Here's what slowed down AI rally

Tech stocks, particularly semiconductors, experienced a significant downturn Friday, driven by investor caution over AI valuations and robust US jobs data. The PHLX Semiconductor Index saw its steepest drop since March 2020, erasing billions in market value. This retreat follows a period of record highs, with strong employment figures fueling concerns about interest rate cuts.

GDP rose 7.7% in FY26, 7.8% in Q4; RBI trims this year's projection to 6.6%

India's economy surged by 7.8% in the Jan-March quarter, driven by strong investment, consistent farm output, and expansion in construction and tertiary sectors. This robust demand offset potential negative impacts from West Asian conflicts. The government remains committed to driving economic momentum through decisive policy measures.

US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fears

Wall Street's nine-week winning streak ended with a thud on Friday, as red-hot technology stocks suffered their largest ​daily decline this year after a hot May jobs report fueled fears of a hawkish policy pivot from the U.S. Federal Reserve.Selling was concentrated among chip stocks and other technology favorites that have surged higher in recent weeks as the Nasdaq Composite Index and S&P 500 rose repeatedly to fresh highs.All three major U.S. stock indexes closed sharply lower, with ‌plunging chip stocks ⁠dragging the ⁠tech-laden Nasdaq down by its largest one-day percentage loss since last year.The S&P 500 ended its nine-week run of Friday-to-Friday gains, its longest weekly winning streak since one that ended in December ​2023."After the record run we've seen the last nine weeks in equities, specifically tech and semiconductors, the dam just broke today," said Ryan Detrick, chief market strategist ​at Carson Group in Omaha. "Obviously, the stronger-than-expected jobs report puts the Fed in a tough spot regarding any interest rate cut for the rest of the year. And the market is throwing a fit by hitting the big winners so far this year."Rising interest rates and the Iran war weighed on ​sentiment heading into the weekend, but many investors said they expected tech stocks to continue rallying."The market ⁠reaction today ‌was more driven by positioning rather than fundamentals," said Ohsung Kwon, chief equity strategist at Wells Fargo. "The semiconductor sector was ​way overbought. That's why we're ​seeing the selloff. I don't think it's the end of the semi bull market." The U.S. economy added 172,000 jobs ⁠in May, according to the Labor Department, more than double analyst expectations, while the unemployment rate ​held firm at 4.3%. The robust report was double-edged: it provided reassurance of U.S. economic health, but ​all but killed any hopes of an interest rate cut from the Fed in the near future.Financial markets are pricing in a growing likelihood of a rate hike at the conclusion of the Fed's December meeting, according to CME's FedWatch tool.Fading hopes for a near-term resolution to the Middle East war and reopening the Strait of Hormuz are stirring fears that energy price pressures could morph into wider, systemic inflation. Iran reaffirmed its support for Hezbollah and demanded that Israel withdraw its troops from southern Lebanon, further complicating efforts to secure a near-term peace deal that would include the resumption of traffic through the ‌crucial strait. U.S. President Donald Trump's administration has negotiated three truces, and while fighting has been greatly reduced, the two sides continue to trade airstrikes.According to preliminary data, the S&P 500 lost 199.64 points, or 2.63%, to end at 7,384.67 points, ​while the Nasdaq Composite lost ​1,117.38 points, or 4.16%, to 25,713.58. The ⁠Dow Jones Industrial Average fell 684.53 points, or 1.33%, to 50,877.40.Nvidia, the largest company by market value, fell sharply, as did smaller rivals Intel, Micron, AMD and Broadcom. Lululemon Athletica slumped after the athletic apparel maker cut its annual profit forecast and projected second-quarter earnings well below Wall Street estimates. Cooper Companies rose ​after the contact lens maker beat estimates for second-quarter results.Cryptocurrency firms Coinbase and Strategy were pulled lower by bitcoin's sharp drop. S&P Global said it would not change the eligibility requirements for its major indices, which effectively rules out a swift entry for Elon Musk's SpaceX to the benchmark S&P 500 after it goes public in what would be the world's biggest initial public offering.S&P Dow Jones Indices will announce the results following its rebalancing after markets close. Chipmaker Marvell Technology, which boasts over $270 billion in valuation, is among the contenders to be added to the benchmark index.

Under PM Modi, India’s economy resilient and showing sustained growth: BJP chief

The GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 reflects robust economic activity and broad-based growth across sectors, says BJP President Nitin Nabin

MCH incident sparks call for urgent clinical, medical audit of patient care procedures

Public health expert B. Ekbal emphasises that the incident reflects systemic failures rather than the negligence of a single junior staff member. He urges the Health dept. to implement robust monitoring protocols to ensure patient safety.

India’s GDP grows at robust 7.8% in Q4 FY26; 7.7% full year growth beats estimates

At constant prices, real GDP for the January-March quarter is estimated to have been at Rs 87.77 lakh crore, compared with Rs 81.40 lakh crore in the corresponding period of the previous fiscal year. Nominal GDP during the quarter is estimated at Rs 94.65 lakh crore, reflecting growth of 9.1%.

‘Economic Tsunami?’ BJP Uses 7.7% GDP Growth Figure To Rebut Rahul Gandhi

To back the claim of robust health, defenders of the current economic policy point to a cluster of high-frequency domestic indicators

Inter-State Gang, 'Selling' Girls For Rs 1.5 Lakhs, Busted In Lucknow; 3 Arrested

According to the police, the gang specifically targeted vulnerable girls, including those who had lost their parents or belonged to financially weak families.

'Dhurandhar 2' BO day 78: Ranveer Singh film ends theatrical run at Rs 1149.02 crore

The curtain has officially fallen on the historic, record-shattering theatrical run of 'Dhurandhar 2: The Revenge.' On Day 78, the Ranveer Singh-led espionage epic brought in a final Rs. 0.07 crore, concluding its domestic net collection at an unprecedented Rs 1149.02 crore, missing the monumental Rs. 1150 crore milestone by a razor-thin margin of just Rs. 0.98 crore. Directed by Aditya Dhar, the blockbuster sequel has cemented its status as the highest-grossing Hindi film in domestic box office history with a staggering worldwide gross of Rs 1813.11 crore. Coinciding with the end of its theatrical run, the film's exclusive, unrated "Raw & Undekha" cut officially premiered on JioHotstar.

Go Digit Insurance shares jump 9% after Rs 100 crore block deal attracts MFs, global investor

Shares of Go Digit General Insurance surged 8.66% to Rs 329 during Friday's trading session, extending gains after a significant Rs 100-crore block deal in the previous session attracted prominent institutional investors.The block deal saw Aditya Birla Sun Life Mutual Fund and JPMorgan (Taiwan) Eastern Technology Fund collectively acquire 33.33 lakh shares at a weighted average price of Rs 300 per share.Aditya Birla Sun Life Mutual Fund purchased 21.66 lakh shares worth approximately Rs 65 crore, while JPMorgan (Taiwan) Eastern Technology Fund acquired 11.66 lakh shares valued at around Rs 35 crore.The seller in the transaction was Peak XV Partners Growth Investments III, which offloaded its entire 33.33 lakh-share stake for nearly Rs 100 crore.Stock PerformanceDespite Friday's sharp rally, Go Digit Insurance has remained under pressure over the past year, with the stock declining around 10% during the period. The company currently commands a market capitalisation of Rs 27,993 crore.The stock's 52-week high stands at Rs 381.40, while its 52-week low is Rs 295.50.On the valuation front, Go Digit Insurance trades at a Price-to-Earnings (P/E) ratio of 49.28 and a Price-to-Book (P/B) ratio of 6.51, reflecting premium market expectations for the insurer's growth prospects.The company delivered a robust financial performance in the March 2026 quarter. Revenue rose 9% year-on-year to Rs 3,181 crore, while net profit surged 49.2% YoY to Rs 173 crore, highlighting improved profitability and operational efficiency.The shareholding pattern for the March 2026 quarter reflected mixed investor activity. Promoters marginally reduced their stake in the company from 73.03% to 73.01%, while Foreign Institutional Investors (FIIs) trimmed their holdings from 8.26% to 8.01%. In contrast, mutual funds increased their ownership from 8.02% to 8.28%, signaling continued confidence from domestic institutional investors despite the reduction in foreign investor participation.From a technical perspective, the stock's Relative Strength Index (RSI-14) stands at 40.8. An RSI below 30 is generally considered oversold, while a reading above 70 signals overbought conditions.Go Digit Insurance is currently trading above 5 out of its 8 key Simple Moving Averages (SMAs), suggesting improving near-term momentum. However, the stock remains below its 100-day, 150-day, and 200-day moving averages, indicating that long-term trend confirmation is still awaited.The sharp rally following the Rs 100-crore block deal and increased mutual fund participation has put Go Digit Insurance back on investors' radar. Market participants will closely watch whether the stock can sustain momentum and reclaim key long-term resistance levels in the coming sessions.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)