Promise of marriage to โPak preacherโ videos: 5 chilling allegations in TCS Nashik case
The 23-year-old complainant alleged that the accused introduced her to Islamic teachings through religious videos and discourses.
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The 23-year-old complainant alleged that the accused introduced her to Islamic teachings through religious videos and discourses.
Punjab introduces menstrual health curriculum in 3,600 government schools
As geopolitical headwinds make it tougher for equity investors to make money, Dalal Streetโs top voice Nilesh Shah, managing director of Kotak Mahindra Asset Management, told a gathering of HNI investors at the ET Alpha Wealth Summit on Thursday that there are four specific investment structures which deserve a place in most portfolios right now.Shahโs first recommendation was the Special Investment Fund, or SIF, a structure that marks a meaningful shift in what is available to Indian investors. Shah noted that the mutual fund industry has, until now, been a long-only business but the SIF changes that. These are long-short, absolute return-oriented funds, designed to generate returns regardless of market direction rather than simply riding the equity tide.The second vehicle Shah flagged is performing credit AIFs. His reasoning was grounded in a simple supply-demand observation that for corporate settlements today, capital is not available from banks, mutual funds, or insurance companies.As institutional lenders have stepped back, borrowers are plenty and lenders very few. Amid this imbalance, Shah said the need is real and returns are attractive. Performing credit AIFs, which lend into this gap, are positioned to benefit directly from the scarcity of competing capital.https://youtube.com/shorts/Xa4AcXFg8hA?feature=shareThe third idea was REITs, and here Shah introduced a timing element. Over the last three years, REITs have delivered index-level returns of around 13.5%. But with interest rates rising, he suggested that the next six to nine months may present an opportunity to enter at better prices. Rising rates typically compress REIT valuations in the near term, and Shah framed any such correction as a potential entry point rather than a risk to avoid. Beyond the return potential, he positioned REITs as a portfolio diversification tool as the asset class behaves differently from equities and fixed income, and that is still underrepresented in most Indian investor portfolios.The fourth recommendation addressed global diversification but came with an important caveat. Mutual fund industry limits for overseas investment are currently full, which means the conventional route for Indian investors to access global markets through domestic mutual funds is closed. Shah pointed to Gift City as the workaround. Structures domiciled there allow investment under the Liberalised Remittance Scheme, and in his view, these Gift City-based LRS products are the practical path for investors who want global exposure while the mutual fund window remains shut.Across all four โ the SIF, performing credit AIFs, REITs, and Gift City products โ Shah's underlying argument was the same: in a volatile period, the portfolio needs instruments that can generate positive returns through means other than a rising equity market.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Shares of Hero MotoCorp gained 3% to their dayโs high of Rs 4,980 on the BSE on Thursday after the company unveiled its first flex-fuel motorcycles, marking its entry into a segment aimed at supporting India's transition towards cleaner and more sustainable mobility solutions.The country's largest two-wheeler manufacturer launched flex-fuel versions of its flagship Splendor+ and HF Deluxe motorcycles, making them India's first flex-fuel motorcycles in the 100cc category. The motorcycles are compatible with ethanol-blended fuels ranging from E20 to E85 and are designed for everyday commuting without compromising on performance or affordability.Hero MotoCorp said the new range is aimed at reducing the carbon footprint of daily transportation while aligning with India's goal of lowering economic carbon intensity by 45% by 2030.The motorcycles were unveiled in New Delhi ahead of World Environment Day in the presence of Union Minister for Road Transport and Highways Nitin Gadkari, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri and Hero MotoCorp Chief Executive Officer Harshavardhan Chitale.Speaking at the event, Gadkari said the introduction of flex-fuel motorcycles in the mass-market segment would support ethanol adoption, help reduce crude oil imports, strengthen farmers' incomes and contribute to the government's vision of Atmanirbhar Bharat and Viksit Bharat.Puri said the launch represents another milestone in India's efforts to build a mobility ecosystem powered by cleaner and domestically produced fuels. He added that wider adoption of such vehicles could improve energy security, lower carbon emissions and reduce dependence on imported crude oil while strengthening the country's biofuels ecosystem.Chitale said the flex-fuel-ready Splendor+ and HF Deluxe were developed at the company's Centre for Innovation & Technology in Jaipur and reflect Hero MotoCorp's focus on future-ready and locally relevant technologies. He added that the motorcycles have minimal-to-no import content and reinforce India's manufacturing capabilities.Hero MotoCorp said the flex-fuel portfolio will be introduced in Delhi and select regions of Maharashtra in July 2026, followed by a nationwide rollout. The HF Deluxe Flex Fuel has been priced at Rs 72,792 (ex-showroom Delhi), while the Splendor+ Flex Fuel will be available at Rs 82,710 (ex-showroom Delhi).(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The press conference, held at the Constitution Club of India, also introduced the partyโs newly appointed spokespersons.
The online movement introduced Saurav Das, Vijeta Dahiya and Ashutosh Ranka and stated that they will be speaking on behalf of the movement.
Our stand is clear. We do not support the opening of 20 new wine shops or the unrestricted sale of alcohol in hotels, guest houses, and homestays, says Ladakh Buddhist Association (LBA) in a statement
Senator Bernie Sanders has introduced the American AI Sovereign Wealth Fund Act, proposing a one-time 50% tax on the stock of major AI firms. This aims to transfer control from Silicon Valley billionaires to the American public, arguing AI was built on 'stolen' data. The fund would grant public voting shares and eventually distribute dividends.
The government will launch a revised WPI with a 2022-23 base year and introduce a set of producer price indices on 15 June. The overhaul expands coverage, updates methodology and aligns India's producer inflation framework with global practices.
Foreign travellers entering, leaving, or transiting through Vietnam will be required to submit a health declaration before travel from July 1, 2026, under new government regulations aimed at monitoring infectious disease risks. According to a report by Fragomen, the expanded requirement will apply to all travellers entering, departing from, or transiting through Vietnam. Individuals will need to complete a health declaration within seven days before their travel date. The Vietnamese Ministry of Health will decide when and for which infectious diseases the requirement will be enforced. The decision will be based on global disease trends and the risk of diseases being imported into the country. Authorities have not yet announced how travellers will submit the declaration. Details about the platform and application process are expected in future guidance. Employers and travellers should prepare for possible delays when the new system is introduced, as authorities and passengers adjust to the requirement, as per Fragomen report.129876802New travel requirement follows Ho Chi Minh City airport trial Foreign nationals arriving at Tan Son Nhat International Airport in Ho Chi Minh City have already been subject to a similar requirement since April 21, 2026. Under the pilot programme, travellers must complete an online declaration form within three days before arrival. Immigration processing delays were expected through the end of April as authorities and passengers adjusted to the new system.Vietnam introduced the digital arrival card system to streamline arrival procedures and reduce waiting times at immigration counters as part of broader efforts to modernise border management and digitise entry processes.
Shares of Coforge rose more than 2% to their dayโs high of Rs 1,495 on the BSE on Tuesday after the company announced the launch of its "Nexa Agentic AI Platform", a business platform that aims to cater to the global insurance industry.According to the company, the platform is designed to help insurers derive greater value from their existing insurance platforms and speed up time-to-market without replacing core systems. Instead, it layers AI orchestration capabilities over incumbent platforms while operating within the guardrails of leading platform providers.Built on the Coforge One AI platform, Nexa Agentic AI Platform offers a marketplace of more than 30 insurance AI assets covering underwriting, claims, product development, customer service and platform modernisation. The company said the platform is modular and composable, allowing insurers to deploy specific capabilities or adopt the full suite through an Insurance-in-a-Box model.Coforge said the platform is purpose-built for the global insurance market across Property & Casualty, Life & Annuities, Specialty insurance, as well as managing general agents (MGAs) and intermediaries. It incorporates human-in-the-loop oversight, full auditability and measurable outcomes.The platform includes six flagship orchestrators spanning the insurance value chain. These include an AI-enabled Submission Centre, which the company said can increase underwriting capacity by more than 30% through automated data extraction, validation and prioritisation.Another offering, the Agentic State Rollout Factory, is designed to automate rates, forms and filings across jurisdictions, enabling more than 25% faster realisation of new revenue. The AI-enabled Product Rollout Factory aims to accelerate product launches by 30% while improving quality and responsiveness to regulatory changes.Coforge also introduced an Agentic AI Global Expansion capability to support market entry across geographies, a Core Platform Modernisation capability that it said can reduce total cost of ownership by more than 30%, and an Agentic Claims Triaging Centre that can enable more than 35% faster claims triaging and higher straight-through processing.Rajeev Batra, Executive Vice President and Global Practice Head of Insurance at Coforge, said the platform combines the company's AI engineering capabilities with its insurance domain expertise to help clients scale AI adoption and business outcomes.Also read: Morgan Stanley says Indian stock market poised for strong year ahead. Hereโs whyThe company said the platform is designed around key insurance stakeholders, including brokers, underwriters, claims adjudicators and customer service agents. Looking ahead, Coforge plans to progressively integrate insurance knowledge graphs into the platform to enhance insurance-specific reasoning across submissions, policies, claims and customer interactions.Coforge said Nexa Agentic AI Platform will form a key part of its insurance go-to-market strategy, helping clients accelerate AI adoption while preserving existing technology investments and complying with platform guardrails.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
New Delhi: India's CPI inflation is expected to rise by around 70 bps to 4.8 per cent with crude oil averaging USD 90/bbl in FY27, according to a report by 360 ONE Capital. This projection comes as the ongoing conflict in West Asia and a downgraded domestic monsoon forecast introduce fresh challenges to India's macroeconomic trajectory.The report noted that the conflict in West Asia and the resulting energy supply disruptions warrant a reassessment of key macroeconomic assumptions. "Our revised base case assumes de-escalation by mid-June, with crude oil averaging USD 90/bbl in FY27. Under this scenario, CPI inflation is expected to rise by around 70 bps to 4.8% (from 4.1%), while GDP growth moderates to 6.3% (from 6.7%). The fiscal deficit is projected to widen to 4.6% of GDP (from 4.4%), and the current account deficit to 2.1% of GDP (from 1.3%)," the report stated.Also read: India meets FY26 fiscal deficit goal at 4.4% of GDP despite revenue and global pressuresThe report noted that India's economic momentum remains stable due to domestic consumption and public spending, but geopolitical frictions pose tangible downside risks. Supply routes through the Strait of Hormuz are particularly vital, as India sources nearly 50 per cent of its LPG and around 30 per cent of its natural gas requirements through this route.Even though the "net petroleum import bill has declined from 5.5% of GDP in FY14 to around 3.0% in FY25, the economy remains exposed to a prolonged disruption in energy supplies."On the monetary front, global financial conditions continue to tighten as central banks react to persistent inflationary impulses. While the Reserve Bank of India is expected to keep policy rates unchanged in the upcoming meeting, domestic bond yields face upward pressure from a widening fiscal deficit and higher energy costs.Also read: Manufacturing activity at 3-month high in May despite cost woesThe report mentioned that the impact on macroeconomic variables is likely to be non-linear, implying significantly larger downside risks if the conflict persists. "A further USD 10/bbl increase in crude prices above our base assumption could push inflation to 5.6% (assuming a partial pass-through of around 5% to retail fuel prices), lower GDP growth by an additional 40 bps to 5.9%, widen the current account deficit to 2.5% GDP, and increase the fiscal deficit to 4.8% of GDP," the report added.Compounding these external geopolitical risks, the domestic agricultural outlook faces unexpected pressure. In its Second Long Range Forecast, the IMD downgraded the Southwest Monsoon 2026 forecast to 90 per cent of the Long Period Average (LPA) from 92 per cent estimated in April.This development represents the weakest monsoon outlook since 2015, which raises immediate concerns over overall agricultural output and rural demand.In the global perspective, the IMF has lowered its 2026 global growth forecast by 20 bps, citing risks from the Middle East conflict through higher commodity prices, inflation, and tighter financial conditions.The report stated that under the IMF's reference scenario, "global growth is projected at 3.1% in 2026 and 3.2% in 2027, below both the recent 3.4% pace and the historical average of 3.7%. In adverse scenarios, growth could slow to 2.5% or even 2.0%, accompanied by significantly higher inflation, with emerging markets expected to be disproportionately affected."
Telangana bans cash wage payments, mandates digital transfers, and introduces minimum wage protections for gig workers, increasing wages across skill levels.
The National Stock Exchange (NSE) has announced a significant change to trading hours in the equity derivatives segment with the introduction of the Closing Auction Session (CAS) framework.Starting August 3, 2026, the normal market closing time for equity derivatives will be extended by 10 minutes to 3:40 pm from the current 3:30 pm. While the extension is noteworthy, the bigger change lies in how closing prices for eligible securities will be determined.The move aims to ensure a smoother transition between the cash and derivatives markets at the end of the trading day while maintaining consistency in the pricing framework across segments.What is the closing auction session?The CAS is a structured trading window held at the end of the trading day. During this period, market participants place buy and sell orders to determine a single closing price for a security through an auction-based mechanism.Unlike the current system where prices evolve through normal trading until market close, the auction process discovers a fair closing price based on orders entered during the designated session.According to the exchange, CAS will initially apply only to securities in the cash segment that have derivative contracts available. The framework will roll out in phases, and any future expansion will be subject to SEBI guidance and separate operational instructions from the exchange.Why are derivatives trading hours being extended?Although CAS applies only to the equity segment, NSE decided to extend trading hours in the derivatives segment to ensure both markets remain aligned during the closing process.The exchange also clarified that the price bands and pre-trade risk control measures introduced as part of CAS in the cash market will be mirrored in the derivatives segment. This is intended to maintain consistency between the two segments during the closing phase of trading.How will the closing auction session work?The CAS will run for 20 minutes, from 3:15 pm to 3:35 pm. The process will begin with a transition phase between 3:15 pm and 3:20 pm, during which the reference price will be calculated using the volume-weighted average price (VWAP) of trades executed between 3:00 pm and 3:15 pm.Between 3:20 pm and 3:25 pm, participants will be able to enter both market and limit orders. From 3:25 pm to 3:30 pm, only limit orders will be permitted. During this period, market orders cannot be modified or cancelled.The order entry session will close randomly at any point between 3:28 pm and 3:30 pm, after which the auction process will determine the final closing price.How will closing prices be calculated?One key point highlighted by NSE is that there will be no change in the methodology used to calculate closing prices of derivative contracts. The volume-weighted average price (VWAP) used for derivatives closing price calculation will continue to be based on trades executed during the final 30 minutes of trading. However, because market hours are being extended, that 30-minute window will now shift to 3:10 pm-3:40 pm instead of the current 3:00 pm-3:30 pm.For securities eligible for CAS, the closing price in the cash segment will be determined through the auction process.Ashish Nanda, President and Digital Business Head at Kotak Securities summed up the shift by noting that the market is moving from a "continuous trading close" to an "auction discovered close".Under the current framework, closing prices are derived from the VWAP of trades executed between 3:00 pm and 3:30 pm. Under the new framework, closing prices for F&O-eligible stocks will effectively be linked to a 20-minute auction process running from 3:15 pm to 3:35 pm.What happens if a stock is removed from F&O?NSE clarified that eligibility for CAS is linked to the presence of derivatives on the stock. If a security is excluded from the equity derivatives segment on both exchanges, it will no longer be eligible for the CAS.In such cases, the closing price will revert to the existing methodology and be determined using the VWAP of trades executed during the last 30 minutes of trading. However, if the security continues to be part of the derivatives segment on at least one exchange, it will remain eligible for CAS.What happens to pending orders?The exchange outlined operational changes relating to order management. All unexecuted special orders, including stop-loss orders and disclosed quantity orders, will be cancelled. Pending orders that fall outside the revised price band will also be cancelled automatically, and members will receive appropriate cancellation notifications.Why does this matter for traders?For many market participants, the biggest implication is that the final closing price may no longer mirror the last traded price visible on trading screens at 3:30 pm.According to Ashish Nanda, this could require adjustments to trading strategies, particularly for option writers and arbitrageurs who rely heavily on closing prices for valuation, settlement and hedging decisions.While the derivatives market will remain open until 3:40 pm, the broader shift is not simply about extending trading by 10 minutes. It marks a change in how closing prices for eligible securities are discovered, with the exchange moving toward an auction-based mechanism designed to determine a single closing price at the end of the trading day.What happens to existing market timings?Apart from the revised closing time, most trading schedules remain unchanged. The pre-open session in the derivatives segment will continue to begin at 9:00 am and the normal trading session will continue to start at 9:15 am. Similarly, the trade modification window will remain unchanged and continue until 4:15 pm.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Canada has introduced stricter documentation requirements for digital nomads entering the country under a work-permit exemption, requiring applicants to provide evidence that their income is earned entirely outside Canada and that they work remotely for foreign employers or overseas clients.Under Canadian immigration rules, digital nomads, remote workers employed by foreign companies or self-employed individuals serving overseas clientsโcan stay in Canada as visitors and work remotely for up to six months without obtaining a work permit, according to a report by CIC News. This exemption applies because they are not considered to be entering the Canadian labour market. Previously, immigration officers were instructed that digital nomads did not need to provide additional documentation beyond what is generally required from visitors. The updated guidance now directs officers to verify that applicants earn their income outside Canada and do not provide services to Canadian employers or clients. More clarity for immigration officers The revised instructions also provide additional guidance for officers assessing digital nomad applications. According to the updated rules, as cited by CIC News, digital nomads who wish to remain in Canada beyond their initially authorized stay should apply for a visitor record. Applicants must also satisfy immigration officers that they do not intend to enter the Canadian labour market during their stay. The guidance further states that accompanying family members must submit separate applications for their own temporary resident status. General entry requirements remain Canada's immigration department also clarified that digital nomads must continue to meet all standard requirements applicable to temporary residents. This includes demonstrating sufficient financial resources to support themselves during their stay, convincing officers that they will leave Canada when their authorized stay ends, and meeting admissibility requirements related to health and criminality. According to the CIC News report, the updated instructions also state that a digital nomad already in Canada may work for a Canadian employer without obtaining a work permit only if they qualify under a separate work-permit exemption set out in Canada's immigration regulations. The changes provide immigration officers with more detailed criteria for assessing digital nomad entries while reinforcing the requirement that remote workers benefiting from the exemption remain outside Canada's domestic labour market.
Japan has increased the maximum fees that foreign nationals may be charged for renewing or changing their residency status, with the new cap set at 100,000 yen ($630) for standard residency permits and 300,000 yen for permanent residency applications. according to a report by Nikkei Asia. The measure was approved by the Japanese parliament on Friday as the country prepares for a growing foreign resident population and plans new integration programmes. The previous upper limit for residency renewal or status-change fees was 10,000 yen. According to Japan's Immigration Services Agency, the revised fee structure reflects services provided to foreign residents. While the law sets the maximum amounts, the actual fees will be decided later through a cabinet order. Under the proposed structure, fees for standard residency permits will vary depending on the length of stay. A three-month residency period is expected to cost about 10,000 yen, while a five-year permit could cost around 70,000 yen. The current fee for in-person renewal applications is 6,000 yen regardless of the duration of stay. Additional revenue to fund integration measures The fee for permanent residency applications is expected to rise to about 200,000 yen. The government said reductions or exemptions will be available for applicants facing financial hardship, and the Immigration Services Agency plans to issue guidelines on eligibility for such relief. The higher fees could generate up to 90 billion yen in additional revenue. Japan's foreign resident population exceeded 4 million at the end of 2025, and the government said the funds will be used to strengthen measures that help foreign residents adapt to life in the country. Planned initiatives include expanding consultation services offered by local governments, improving Japanese-language education and supporting programmes that teach daily-life rules and customs. The government intends to introduce these educational programmes in phases beginning in fiscal 2028. The revenue will also help cover the costs of addressing illegal residency cases. Previously, fees collected were limited to covering administrative expenses such as personnel costs. Faster rollout of JESTA screening system The legal revisions also include changes affecting short-term visitors. Japan will introduce the Japan Electronic System for Travel Authorization (JESTA) as early as fiscal 2028, two years earlier than originally planned, as per Nikkei Asia report. Under the system, travellers from visa-exempt countries will need to submit information online before departure, including their travel purpose, occupation and accommodation details. Authorities will use the information to screen travellers before arrival. Airlines will be required to deny boarding to passengers who do not obtain authorization. The government said the system is expected to help prevent illegal stays while simplifying immigration procedures and reducing waiting times at airports. The legislation faced opposition from the Constitutional Democratic Party and the Japanese Communist Party, which argued that the fee increases would place an excessive burden on foreign residents. However, the measure was passed by parliament and is set to take effect as Japan continues to adjust its immigration and residency policies amid rising foreign arrivals and residency numbers.
Mojang has officially announced Minecraft's Chaos Cubed update, set for release on June 16, 2026. This highly anticipated update introduces the new Sulfur Caves biome with unique blocks like Sulfur and Cinnabar, potent sulfur hazards, and the innovative Sulfur Cube mob. Java Edition players will also finally receive a Friends List feature.
The export duties were introduced in March to ensure domestic availability of petroleum products amid the ongoing West Asia crisis.