Emirates SkyCargo has launched a dedicated Boeing 777 freighter service connecting Taipei, Hyderabad, and Dubai. This new route increases Hyderabad’s air cargo reach to East Asia and the Middle East. The service handles over 100 tonnes of high-value goods like pharma and semiconductors. Dubai acts as a hub, linking to more than 145 global destinations. This strengthens Hyderabad's standing for tech-driven supply chains.
business BSE Ltd reported a 62% year-on-year rise in consolidated net profit for the June quarter. The results were posted by the exchange in India for the quarter ending June 2026. Profit attributable to shareholders hit Rs 874 crore, up from Rs 539 crore last year. Revenue from operations surged 63% to Rs 1,566 crore, supported by higher investment income. The company plans to maintain this strong growth trajectory moving forward. 📈
business The Centre stated in the Rajya Sabha that there is no proposal to revert from E20 fuel back to E10 or E0 petrol. This defense was made by Minister of State for Petroleum and Natural Gas Suresh Gopi in response to AAP MP Sanjay Singh's unstarred question. The government confirmed the phased E20 rollout followed consultations with NITI Aayog and various industry bodies. Officials noted E20 offers better performance, lower emissions, and superior to the older standards. Furthermore, blending has already saved over ₹1.97 lakh crore in foreign exchange. ⛽
india The Mysuru City Corporation (MCC) is starting a city-wide drive to clear out abandoned and unclaimed vehicles from public areas. This action follows the crackdown initiated by the Greater Bengaluru Authority. Owners are given until August 15 to voluntarily remove these vehicles, which pose safety and cleanliness risks. Starting August 16, MCC officials will tag and tow non-compliant vehicles in coordination with RTO and Police. Penalties and towing costs will be recovered from the registered owners. 🚗
Kangana Ranaut reacted strongly to the arrest of Udhayanidhi Stalin. She publicly condemned the incident, stating it was a 'public display of filthy abuses.' The arrest occurred in relation to ongoing political controversies in Tamil Nadu. Ranaut's statement highlights the heightened political tension surrounding the events. Further developments regarding this political drama are anticipated in the coming days.
business The Karnataka Prisons Department and The Justice Initiative Foundation have signed an MoU to boost inmate rehabilitation. This partnership will roll out holistic welfare programs across the state's nine central prisons. The agreement was formalized on Monday, with Alok Kumar, IPS, and Cecilia Davies signing the document. The goal is to improve correctional services by focusing on mental well-being and reducing reoffending risks. These structured interventions will support prisoners both while incarcerated and after their release. 🤝
Discharge from reservoirs in Maharashtra saw a slight decrease on Tuesday because of lower rainfall in certain regions. Irrigation officers noted that this reduction in discharge was likely to continue going forward. The total discharge was approximately 1,29,304 cusecs, which was 3,777 cusecs less than Monday's figure. Almatti dam maintained a high outflow of about 1.5 lakh cusecs, while Raja Lakhamagouda dam had an inflow of 21,825 cusecs. Looking ahead, authorities are monitoring water levels across various dams. 💧
world The Supreme Court has observed that Bar Councils in India are operating like exclusive men's clubs. This observation was made regarding the lack of adequate representation for women in these bodies. The court highlighted issues related to the composition of these councils across various regions. This situation suggests that women are not getting the fair inclusion they deserve in legal institutions. The court is now directing steps to co-opt more women members into these councils moving forward. 🧑⚖️
india Current Cauvery storage shows 77.5 TMC in Karnataka and 35.5 TMC at Tamil Nadu's Mettur Dam as of August 4, 2026. Mettur Dam is at 73ft but needs 90ft for canal release, causing the Kuruvai crop to be largely lost. Farmers are now banking on Karnataka's releases and monsoon for the Samba crop, which needs 180 TMC. The low Mettur level means Delta farmers are waiting anxiously for sustained rainfall to push the dam level up. Their entire survival now hinges on inter-state water agreements and heavy inflows. 💧
business Dissent within the ruling Congress regarding the Karnataka Cabinet expansion continued on Tuesday with protests outside the KPCC office in Bengaluru. Supporters of MLAs like M. Krishnappa and Dinesh Gundu Rao staged protests demanding inclusion in the cabinet. Chief Minister D.K. Shivakumar firmly stated he would accept resignations from disgruntled legislators within minutes. Some MLAs alleged their loyalty to Siddaramaiah was the reason for their exclusion from ministerial berths. Shivakumar also promised soon appointments to state-run boards to pacify the situation. 😠
The S&P 500 is poised to reach all-time highs following positive developments regarding the Hormuz deal. This market surge is being driven by global investor confidence in geopolitical stability. Reports indicate significant movement in oil futures around this time. The Hormuz Strait tensions have been a major factor influencing market sentiment lately. Analysts expect continued upward momentum in the indices in the coming quarter.
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