The Economic Times

World-renowned country music legend Dolly Parton has sadly passed away at the age of 80 after a courageous fight with cancer and various health complications. Rising from a modest upbringing, she became a symbol of success in the music industry, captivating audiences for over sixty years. Parton's incredible legacy is defined by her unforgettable songs and meaningful performances that touched millions worldwide.

Indian economic growth slowed to 7.1 percent in the April-June quarter. Consumer spending and government expenditure supported this growth while private investment remained subdued. Rising crude oil prices pose risks to the economy and could strain household budgets. Economists forecast growth to lose momentum in coming quarters. The Reserve Bank of India is predicted to keep interest rates unchanged for six months.

Mike Mazzei secured the Republican nomination for Oklahoma governor. President Donald Trump's social media attacks boosted Mazzei's campaign significantly. Mazzei will now face Democratic nominee Cyndi Munson in November. The race saw substantial spending on television and digital advertising. Mazzei, a businessman, previously served twelve years in the state Senate.

The United States is discussing additional trade penalties against Canada. This follows Canada's dollar-for-dollar retaliation to new US tariffs imposed on Saturday. Escalation could include higher tariffs and other trade actions, according to a White House official. The prospect of a spiraling trade war between the two nations is underscored. Both sides blame each other for intransigence and unfair treatment in the dispute.

The OFS opened for non-retail investors on August 4, and saw strong participation. It now opens for retail investors today. Investors can participate between 9.15 am and 3.30 pm using the separate OFS window on NSE and BSE. A minimum of 10% of the offer size has been reserved for retail investors.

Gross foreign direct investment into India saw a significant rise in June. Net FDI also increased substantially, recovering from a previous month's outflow. Outward FDI, however, continued its downward trend for the past two months. Financial, insurance, and business services were key sectors for outward investments. Manufacturing and trade sectors also witnessed outward FDI activity.

In June, the total outward remittances under the Liberalised Remittance Scheme soared to $2.5 billion. Notably, Indians disbursed $1.3 billion on international travel, reflecting a significant uptick from the previous month. Meanwhile, expenditure on overseas education rose to $96 million. Additionally, remittances for the upkeep of close relatives accounted for $287 million, while investments in equity and debt attracted $456 million from Indian residents.

Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of three and five years. The arrangement is spearheaded by CTBC Bank from Taiwan and United Overseas Bank from Singapore, with significant contributions from the World Bank's IFC. Additional banks are anticipated to participate as the syndication phase unfolds.

ESDS Software Solution is embarking on a

The Nifty index recovered 0.5 percent, closing at 24,334 after touching a low. Positive global cues and FII buying supported this recovery ahead of expiry. Brent crude oil prices fell 3.2 percent, easing concerns about oil markets. The Indian rupee also strengthened by 24 paise against the US dollar. India VIX, a fear gauge, declined by 3.9 percent to 11.08 levels.

The Indian equity market experienced a positive turnaround on Tuesday, August 25, highlighted by the Nifty 50 making a robust recovery. Anticipation builds for Wednesday as Groww gears up for a significant block deal, while Cipla faces new USFDA inspectional observations. In other news, Tata Motors Passenger Vehicles is set to enhance its electric vehicle offerings through a collaboration with Tata Communications for 5G technology.

Analysts express caution regarding retail investor interest in Hindustan Copper's offer for sale. A nearly ten percent discount may not attract investors after recent metal stock rallies. The institutional portion saw strong demand, exceeding shares available on the first day. Current valuations and limited upside potential raise concerns for potential subscribers. Investors are advised to seek better entry points in the secondary market.

Mid- and small-cap stocks have continued to defy index-level inertia amid a rush in primary-market listings. The average advance-to-decline (A/D) ratio - a widely watched indicator of overall market health - in August is up for the fifth consecutive month, its longest winning streak in more than two and a half years, pointing to significant investor interest beyond the typical frontbenchers that populate the two broadest gauges on the two competing exchanges.

Kedaara Capital has acquired a majority stake in Tynor Orthotics for approximately $200 million. This significant deal provides an exit for investor Lighthouse Funds from the medical device maker. Tynor Orthotics manufactures orthopaedic supports and mobility aids for global markets. The company has an extensive distribution network reaching numerous retail outlets and hospitals. Kedaara will partner with Tynor's promoters and its existing strategic partner Thuasne.

Roman will conduct one of the most comprehensive searches ever for exoplanets. It is expected to discover thousands of new ones and provide the first statistical census of planetary systems similar to our own. The telescope is named after Nancy Grace Roman, NASA's first chief astronomer. Roman died in 2018 at age 93.

Khijadiya Bird Sanctuary is a key breeding site for the black-necked stork. Researchers confirmed four active nests, each producing two fledglings successfully. The sanctuary supported a peak seasonal population of twenty-one birds during the study. Nests were built on invasive gando baval trees at moderate heights. This study provides detailed breeding ecology information for the species.

The Maharashtra government has removed the age limit for tribal students' hostel admissions. This decision followed a hunger strike and a letter from Rahul Gandhi. Tribal students had been protesting the imposed age restriction for twelve days. While the age limit is gone, other demands remain unmet by the government. Students continue their hunger strike seeking increased allowances and insurance for all.

Bihar's industries minister Shreyasi Singh is working to change the state's negative perception. She detailed policies designed to attract businesses and create jobs. The minister highlighted swift land allotment and production startup times. Singh also spoke about her father's lasting influence and inspiration. She aims to build respect and trust through her public service.

Dolly Parton, the cherished 80-year-old country music legend, has sadly left us. Her extraordinary journey from humble beginnings to becoming a star captivated countless hearts. Known for her wisdom, Parton once said that true leadership lies in energizing others. Through her impactful Imagination Library, she gifted free books to children, solidifying her legacy in music, business, and motivation for many.

Opposition leaders Mallikarjun Kharge and Rahul Gandhi urged Prime Minister Narendra Modi to withdraw the current census questionnaire. They contend the open-ended caste question will yield inaccurate data, especially for OBCs. The leaders proposed a new questionnaire with a drop-down list of castes based on government lists. They also suggested considering questionnaires from Bihar and Telangana caste surveys. Accurate data is essential for effective social justice policies in India.

As per the report in Russian official media outlet, the aircraft, which originated from the Andrews Air Force Base near Washington DC, touched down in the Russian capital at approximately 10 am Moscow time (07:00 GMT). According to available flight tracking data, the heavy-lift transport plane followed a multi-stop route before entering Russian airspace. It had a prior stop at the Charleston International Airport/Air Force Base and then at Riga in Latvia, before continuing its journey toward the

In 1969, Apollo 11 astronauts, Neil Armstrong, Buzz Aldrin and Michael Collins, headed to the Moon without traditional life insurance. NASA did not provide life insurance to its employees at the time, while private policies were costly. The astronauts instead signed hundreds of autographed envelopes before launch, giving their families a possible source of money if the mission ended in tragedy.

Japanese Mindset: Hansei, a traditional Japanese practice, emphasizes the importance of genuine self-reflection in the wake of mistakes. By embracing this mindset, individuals can glean valuable lessons from their missteps, leading to enhanced decision-making in the future. It centers on identifying the causes of errors and exploring ways to instigate positive changes. Ultimately, Hansei promotes ongoing personal development while minimizing harsh self-judgment.

NBEMS has advised NEET PG 2026 candidates not to circulate misleading claims about a possible postponement of the August 30 examination. The warning followed queries on social media regarding the exam schedule. The board is scheduled to release the admit card on August 25 after a one-day delay, with candidates able to download it from the official NBEMS website using their login credentials.

Opposition MPs demanded discussion on NEET-UG protesters' alleged pellet gun use and police action. BJP refused to suspend the listed business, leading to sharp exchanges. The confrontation escalated to include remarks about the 1984 anti-Sikh riots. The chairman declined the request, citing judicial scrutiny of the matter. The committee then resumed its scheduled business on crime against children.

GIFT City is shifting its focus to bring India-related cross-border financial business home. The regulator aims to address product, expertise, and regulation gaps that drive business overseas. GIFT City seeks to become a landing point for both inbound and outbound investment activities. Indian institutions are urged to assess shifting current overseas business to GIFT. This strategic pivot aims to bolster India's financial capabilities and economic growth.

Quote of the day by P. G. Wodehouse offers a simple lesson about happiness. His words remind us to take life as it comes, especially when plans go wrong. The beloved British humorist believed that resilience, optimism and a little humor can change how we face difficult days. Heres what his timeless quote can teach us about living better.

Sun Life sees significant growth potential in India's insurance and wealth management sectors. The company is exploring new investment opportunities within the Indian market. Artificial intelligence will transform service delivery and enhance client understanding. Customer preferences are evolving towards integrated financial planning solutions. Sun Life aims to contribute to India's goal of universal insurance coverage.

Dolly Parton, a legendary entertainer, passed away at eighty years old. Her career spanned nearly six decades, building an extraordinary legacy. Parton's wealth came from music, business ventures, and her stake in Dollywood. She launched the Imagination Library, a global literacy program for children. Her story highlights a transformation from poverty to a philanthropic icon.

A Florida workshop now uses robotic systems for 3D printing large composite boat hulls. This innovative process eliminates expensive traditional molds and speeds up production significantly. The company's facility houses eight industrial robotic systems capable of printing structures up to 40 meters.

If the earlier governments had visualised the problems of narcotics, Naxalism and the northeast before they became acute, then the country would not have had to bear their brunt for decades, Shah said. We have ended the challenges posed by the three hotspots of internal security. The entire credit for this goes to the police forces of every state, central agencies and CAPFs, he noted.

India's economy shows resilience with improved domestic demand and strong economic activity. Food prices have seen a broad-based increase, raising concerns for monetary policymakers. Global economic outlook remains weighed by West Asia conflicts and new US tariffs. High-frequency indicators reflect strong manufacturing and services momentum continuing into July.

Country music icon Dolly Parton has passed away at the age of eighty. Her nephew Brian Seaver announced her death, sharing family memories. Dolly Parton opened doors for many artists and inspired generations worldwide. She lived a life of light and is now in heaven. Her legacy will be diligently preserved by her family and team.

Most senior HR leaders expect new job creation in the second half of 2026. Nearly all anticipate continued hiring activity over the next six months. Real estate and FMCG sectors show strong optimism for fresh roles. Business development and marketing roles will see maximum recruitment.

Quote of the day by George Michael: George Michael once reflected on how the impact of artistic work can continue to resonate long after it is created. Truly meaningful work connects with people in ways that can extend far beyond its original moment, creating a legacy that outlasts fame and recognition. By focusing on purpose rather than fleeting acclaim, artists can create work with lasting value and leave a meaningful mark on society.

The Supreme Court has ordered Tarun Tejpal to surrender within two weeks. His appeal against conviction will be heard after he files a surrender certificate. The court granted Tejpal two weeks to complete this surrender process. The Goa government argued Tejpal should have surrendered before filing his appeal. The case is now scheduled for hearing on September 22.

The British Virgin Islands (BVI) is seeking to deepen its role in Indias cross-border investment ecosystem by proposing a dedicated BVI-India investment corridor as Indian companies expand overseas and global investors seek access to India.

Industry executives highlight AI governance and financial sustainability challenges. Many AI uses currently lack revenue or profit pools, requiring future monetization. Companies are rushing into AI without adequate safety and regulation oversight. Unit economics are vital for enterprise AI applications and long-term profitability. AI is reshaping the talent landscape, necessitating reskilling and mental flexibility.

Italian Proverb of the Day: Having done thirty, one might as well do thirty-one encourages people to complete an effort once they have already come most of the way. The Italian proverb highlights perseverance, practicality and the value of taking one final step when substantial time, energy or resources have already been invested in reaching a particular goal.

Investors are planning to write to the Prime Minister's Office this week. They allege mis-selling and substantial losses from a Carlisle product. The group also intends to approach the Reserve Bank of India. They are exploring legal action against HDFC Bank for alleged client-suitability lapses.

healthy demand Industry card additions rise 11.5% over June; Card spends hold above 2 lakh-crore mark; Transaction volumes surge but the value per transaction declines

Regional rural banks are urged to accelerate modern technology adoption and digital services. Their net profit reached an all-time high of 10,176 crore in FY26. Sponsor banks must handhold RRBs in strengthening their IT infrastructure. The total business of all 28 RRBs has now crossed 13.5 lakh crore.

India needs to consolidate banks into a few large entities. This consolidation aims to meet rising credit needs for Viksit Bharat by 2047. Banks will increasingly focus on data-driven customer experiences and AI automation. The banking sector has seen significant positive changes since 2014. Future agendas include mobilizing stable deposits and deepening productive lending.

Regional Rural Banks (RRBs) reported a record consolidated net profit of 10,176 crore in FY26, up from 6,820 crore a year earlier, while their total business crossed 13.5 lakh crore, the Finance Ministry said.

Welspun Corps promoter group entity and CEO Vipul Mathur plan to sell up to 63 lakh shares worth Rs 1,417.5 crore through a block deal. The transaction represents 2.4% of outstanding shares and comes after a sharp stock price rally.

Indian equities gained as softer-than-expected US sanctions on Iran eased crude oil and bond yield pressures. Analysts highlighted Adani Enterprises, HDFC AMC, Hyundai Motor India and Dixon Technologies as bullish technical setups, while geopolitical risks warrant continued near-term caution.

Sebi has barred Varanium Cloud and promoter Harshawardhan Sabale from the securities market for seven years, citing misleading disclosures, inflated financials and diversion of IPO and rights issue funds. The regulator ordered recovery of diverted money and disgorgement of unlawful gains.

HEG will implement its demerger from September 1, creating separate listed companies for graphite electrodes and advanced materials. September 7 is the record date, with shareholders receiving new shares in a 1:1 ratio approved under the composite scheme of arrangement.