Bajaj Finance shares dropped after the Reserve Bank of India released a draft regulation. This new draft targets the revolving credit offered by Non-Banking Financial Companies (NBFCs). The proposed rules, scheduled for review, aim to bring greater regulation to this segment. This move reflects the RBI's push for financial stability across the sector. Analysts anticipate significant shifts in how NBFCs operate moving forward. 🏦
india Punjab has surpassed Kerala to secure the No. 1 spot in the NITI Aayog School Education Quality Index 2026. This achievement was announced by Education Minister S. Harjot Singh Bains in Punjab. In 2022, 8,000 schools lacked boundary walls, but now Punjab has 882 NEET qualifiers from government schools. The government introduced AI as a core subject from Classes I to XII, showing significant progress. The state aims to continue this transformation, making government schools the primary choice for students. 🚀
business Hyderabad founder Sravanth Gajula shared that he hired a taxi driver as his very first employee ten years ago. The hire had only a Class 9 education and zero English knowledge, making him an unconventional choice. At that time, people questioned the decision, but Gajula focused on the man's hunger and honesty. The company invested in him, and a decade later, he now manages procurement with pan-India responsibilities. Gajula advises leaders to believe bigger and invest in overlooked talent.
Bajaj Finance stock saw a significant 5% crash today, leading to a substantial erosion of its market capitalization. This drop affected the m-cap segment within the finance industry. The decline was observed on the specific date mentioned in the original report. Analysts are currently studying the underlying factors causing this sudden market pullback. Investors are now closely watching the company's future performance and recovery trajectory. 📉
business The President has given assent to the Prevention of Insults to National Honour (Amendment) Act, 2026. This move expands the penal provisions to protect the National Song, Vande Mataram, alongside the National Anthem. The amendment, passed during the Monsoon session, allows for punishment up to three years or a fine for obstructing its singing. Previously, Section 3 only covered the National Anthem, but now both songs are equally protected by law. The next steps involve ongoing court hearings regarding the mandatory singing of all stanzas. 🎶
entertainment The film 'Dhurandhar' has been declared the world's most-watched non-English movie of 2026 by Netflix CEO Ted Sarandos. He noted that the film, starring Ranveer Singh, is bigger than every other English movie, second only to the US and UK in viewership. Between January and June 2026, the first film garnered 37 million views and topped charts in 22 countries. The two 'Dhurandhar' films have collectively earned over Rs 3,100 crore globally. Sarandos believes India's cinematic moment is happening constantly, not just in TV series. 🎬
science Urban India faces a major water emergency due to rapid population growth and increased demand. The solution involves designing water-wise cities around natural features like rivers and aquifers, similar to Melbourne and Singapore. Key strategies include capturing rainwater, reusing treated wastewater, and managing groundwater sustainably in Indian cities. Investments must adopt a 'triple test' considering environmental and life-cycle costs, moving beyond just big infrastructure. Ultimately, durable change requires strong institutions that think long-term and build public trust. 💧
business A microfinance lender saw its profit surge over twelvefold this quarter due to lower credit costs and better collections. This performance was recorded by Muthoot Microfin Limited in the Indian market. Net profit hit ₹81.3 crore, a jump from ₹6.2 crore last year, while total income reached ₹670.6 crore by the current date. The company deliberately slowed client growth to ensure better borrower quality over sheer scale. Future performance depends on the broader microfinance credit cycle and new lending scaling. 📈
business Yemeni Houthis recently struck Saudi Arabia’s Najran province, resulting in the deaths of 11 civilians. This action occurred amidst reports of Iran considering new restrictions in the Strait of Hormuz. Consequently, oil prices rose today, with Brent crude crossing above $80 to trade at $83.80 per barrel. Saudi officials suggest coordinated attacks on energy infrastructure by Houthis and Iran-affiliated groups are planned. These escalating tensions complicate Middle East energy exports, moving away from earlier signs of potential peace.
The Maharashtra government has issued its first formal warning to FDA chief Tukaram Mundhe regarding the ongoing Saoji mutton controversy. This action targets the chief in his capacity as the head of the Food and Drug Administration in the state. The specific incidents related to the mutton quality have been noted since early June 2024. This intervention comes as public concerns regarding food safety in the region have been escalating. Authorities are expected to monitor the situation closely to ensure compliance with food standards moving forward. 🚨
entertainment Soha Ali Khan and Saba Pataudi recalled why they missed Saif Ali Khan's wedding to Amrita Singh. They revealed that they were too young to attend the intimate ceremony in 1991. At the time, Saba was 15 and Soha was only 13, and they were told not to spread the news. Soha mentioned the wedding was a last-minute affair, which surprised many people. The couple later had two children before their divorce in 2004.
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