No manipulation seen yet: SEBI chief on CAS implementation

SEBI Chairman Tuhin Kanta Pandey said the regulator has not observed any manipulation in the newly introduced closing auction session (CAS), which determines closing price levels. However, he added that SEBI is continuously monitoring the data. The system has sparked concerns over sharp price swings, thinning participation and losses for some market players.
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News By: Mansi Agarwal
04:45 pm Wednesday, 12 August 2026

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Retail inflation stays above RBI's 4% limit for the second month in a row

Retail inflation in India came in at 4.45% in July, marking the second time that the metric has remained above the Reserve Bank of India's 4% limit. Inflation was driven mainly by higher-than-expected food inflation of 5.24%, personal care and miscellaneous goods and services (14.77%), restaurants (7.72%) and paan, tobacco and intoxicants (4.79%). July's inflation was highest in 2026 series.
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News By: Ashley Paul
05:11 pm Wednesday, 12 August 2026

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Sabbatical is a sign of weakness: Mourinho as he takes indirect dig at Pep Guardiola

Real Madrid manager Jose Mourinho took an indirect dig at Pep Guardiola over the term "sabbatical" in his Netflix documentary. "Some people need a sabbatical. For me...sabbatical is a sign of weakness...I hate that word," he said. Notably, Guardiola is currently taking a break after leaving Manchester City. He had previously taken a year-long hiatus after departing Barcelona in 2012.
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News By: Neeraja Nath
05:08 pm Wednesday, 12 August 2026

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What is the possible route shared by Russia for proposed rail link with India?

Russia's Deputy Prime Minister Marat Khusnullin recently proposed a rail route with India. The possible route to link two countries will pass through Turkmenistan, Iran, Afghanistan, and Pakistan, Khusnullin had said. He proposed the route over risks linked to important maritime routes, including the Bosphorus and the Strait of Hormuz.
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News By: Ankush Verma
05:01 pm Wednesday, 12 August 2026

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WC 2026 will be ours, we will play attacking hockey: Salima Tete

Ahead of the FIH Women's Hockey World Cup 2026, India captain Salima Tete said, "This time, the World Cup will be ours." "We'll play smart, attacking hockey and bring back a medal. I have full belief in my team. We can do it," she added. The tournament will be held from August 15 to 29 in the Netherlands and Belgium.
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News By: Pravel Jain
05:01 pm Wednesday, 12 August 2026

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Tata Group stocks lose ₹46,000 crore in value after N Chandrasekaran's resignation

Tata Group stocks lost around ₹46,000 crore in market value on Wednesday after N Chandrasekaran said he would not seek reappointment as Tata Sons chairman. TCS fell 4.12%, while Tata Motors and Tejas Networks dropped 2.47% and 2.34%, respectively. Tata Consumer Products, Tata Communications, Tata Steel, Tata Power, Tata Elxsi, Indian Hotels, Voltas and Trent also declined during the session.
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News By: Anmol Sharma
02:06 pm Wednesday, 12 August 2026

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Trainee IPS officer Rahul Bansal accused in ₹1 cr bribery scandal in his 1st field posting

A 2022-batch Chhattisgarh cadre trainee IPS officer, Rahul Bansal, was named in an alleged ₹1 crore bribery scandal. During his first field posting in Chhattisgarh's Surguja district, he, along with two other police personnel, allegedly accepted a ₹1 crore bribe to cover up a cyber fraud case. The money was allegedly transferred in instalments, the complainant alleged.
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News By: Shalini ojha
05:27 pm Wednesday, 12 August 2026

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SAT questions SEBI on Zee's 2-month ban, reserves relief plea order

Securities Appellate Tribunal (SAT) questioned SEBI's two-month securities market ban on Zee Entertainment, which may block its planned ₹3,143 crore fundraise through a share issue. SEBI said allowing Zee to raise funds during the ban would dilute punishment imposed for using its property as loan security without required approval in 2018. SAT reserved its order on Zee's interim relief plea.
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News By: Soheib Ahsan
05:18 pm Wednesday, 12 August 2026

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Govt suspends Table Tennis Federation Of India

The Sports Ministry has suspended recognition of Table Tennis Federation of India (TTFI), citing governance failures and delayed elections. It directed Indian Olympic Association to form ad-hoc committee, in consultation with International Table Tennis Federation, to run the sport until an elected governing structure is restored. The ministry called TTFI's response to its notice unsatisfactory.
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News By: Anmol Sharma
05:15 pm Wednesday, 12 August 2026

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China's answer to Boeing & Airbus makes first international flight, gets 'water salute'

China's homegrown C919 passenger aircraft, developed by state-owned Commercial Aircraft Corporation of China (COMAC), departed on its first commercial international flight to Mongolia on Wednesday. The plane, which got a 'water salute' upon landing, is China's answer to the duopoly established by US' Boeing and France's Airbus. Though homegrown, the narrow-body jet contains foreign-made parts.
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News By: Ashley Paul
05:43 pm Wednesday, 12 August 2026

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Which key items became costlier or cheaper as inflation jumps to 4.45% in July?

India's retail inflation jumped to 4.45% in July. The top five key items with high inflation were silver jewellery (109.84%), ginger (83.62%), garlic (35.36%), gold/diamond/platinum jewellery (32.98%) and onion (22.54%). Meanwhile, the key items with low inflation were potato (-16.56%), motor car and jeep (-6.72%), Lady's finger (-5.52%), peas (-5.27%) and tomato (-4.59%).
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News By: Mansi Agarwal
05:31 pm Wednesday, 12 August 2026

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Season 2 of Jantar Mantar to start very soon: CJP's Abhijeet Dipke

Cockroach Janta Party founder Abhijeet Dipke said that many people have been asking him on Instagram when Season 2 of Jantar Mantar will begin. "I want to tell them that Season 2 of 'Jantar-Mantar' is going to start very soon," he said. The CJP protest at Jantar Mantar that began in June ended after Dharmendra Pradhan resigned as Education Minister.
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News By: Shalini ojha
05:50 pm Wednesday, 12 August 2026

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China's hypersonic weapons can now navigate using stars: Reports

China has developed a celestial navigation system for hypersonic weapons that can guide them using stars when GPS or satellite systems are jammed or unavailable. The project, led by Guangdong Aerospace Research Academy, passed final expert review. Tests were conducted using radiation-resistant prototype star sensor, which achieved over 99% star-pattern recognition in interference-free conditions.
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News By: Neeraja Nath
05:49 pm Wednesday, 12 August 2026

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My 1.5-hour daily workout routine was questioned during divorce proceedings: Celina

Celina Jaitly said her 1.5-hour daily workout routine was questioned during her divorce proceedings with Peter Haag and portrayed as "self-obsession". "Imagine having to defend weightlifting in court...Honestly, through some of the hardest chapters of my life, working out has been one of the few things that has consistently stood by me," she wrote.
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News By: Daisy Mowke
06:11 pm Wednesday, 12 August 2026

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Zhu Rongji, ex-Chinese Premier who cost millions their jobs, dies aged 98

Ex-Chinese Premier Zhu Rongji has died at the age of 98 in Beijing, state media reported on Wednesday. Rongji is often credited with being the person who set China on the path to becoming a global economic superpower, ranking as the world's second-largest economy by GDP. Notably, his economic reforms at state-owned companies also cost millions of workers their jobs.
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News By: Ashley Paul
06:05 pm Wednesday, 12 August 2026

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NY woman pleads guilty to smuggling 3 Indians into US from Canada

A New York woman pleaded guilty to helping smuggle three Indians and one Canadian into US in January 2025 after they crossed Canada's border. The 43-year-old woman received instructions to pick the men and was expected to receive payment for it. US' Department of Justice said her phone's texts revealed she has been involved in many other smuggling operations.
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News By: Soheib Ahsan
06:25 pm Wednesday, 12 August 2026

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What is Tata Sons Chairman N Chandrasekaran's net worth?

Tata Sons' outgoing Chairman N Chandrasekaran is among India's highest-paid corporate executives, earning ₹158.66 crore in remuneration in FY26. His total compensation over the last five years was around ₹685 crore, according to Moneycontrol, with commission forming a big part of his salary. While his exact net worth isn't known, media reports place it between ₹950 crore and ₹1,400 crore.
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News By: Ashley Paul
03:03 pm Wednesday, 12 August 2026

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AstroTalk becomes unicorn as it buys shares back from staff: Report

Astrology platform AstroTalk has joined India's unicorn club after conducting an ESOP buyback at a $1 billion valuation, NDTV Profit reported, citing a source. Over 100 employees sold their shares in the buyback, making AstroTalk India's 133rd unicorn. Notably, its operating revenue nearly doubled to ₹1,176 crore in FY25, while its net profit rose to ₹250 crore.
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News By: Sourav Kumar
06:42 pm Wednesday, 12 August 2026

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Bill to change Kerala's name passed in Parliament

The Parliament passed the Kerala (Alteration of Name) Bill 2026 to change the southern state's name to Keralam. In June 2024, Kerala Assembly had passed a unanimous resolution to change the state's name. It was argued that the Malayalam name is "Keralam" while Kerala is the name used in English. The Bill now needs President's assent to become a law.
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News By: Shalini ojha
06:56 pm Wednesday, 12 August 2026

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Air India pilot who tested positive for weed took medication as he couldn't sleep: Report

The Air India pilot who tested positive for marijuana after his Phuket-Delhi flight dropped 300 feet mid-air was on sleep medication prescribed by his family doctor, NDTV reported, citing the airline's internal flight safety report. "During the layover [before the flight], I personally attempted rest; sleep didn't come easily," he said. He claimed roster duties "compressed available daytime rest".
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News By: Ashley Paul
07:14 pm Wednesday, 12 August 2026

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