Asia News & Trends

The sixth season of Shark Tank India challenges entrepreneurs to look above startup jargon.

Shark Tank India has launched a new campaign called #DontBeATota as registrations for Season 6 open. The campaign encourages aspiring entrepreneurs to focus on understanding their business instead of simply using popular startup terms and buzzwords. The campaign features a humorous parrot named Tota, who confidently uses business words like valuation, burn rate, and EBITDA without understanding what they really mean. Through this character, the campaign delivers a simple message that memorizing startup jargon does not make someone a successful entrepreneur. Building a business requires practical knowledge, problem-solving skills, and consistent hard work. Speaking about the campaign, Aman Gupta, co-founder of boAt and one of the Sharks, said that if repeating startup buzzwords alone could build a business, everyone would invest in parrots. He explained that real entrepreneurs succeed by solving customer problems, understanding their business deeply, and showing resilience during challenges. The #DontBeATota campaign aims to inspire genuine entrepreneurs to concentrate on strong business fundamentals rather than sounding impressive with technical language. At the same time, registrations for Shark Tank India Season 6 are now open on Sony LIV, inviting founders with innovative business ideas from across India to apply.  

Published 20 Jul 2026 06:40 PM

Beyond Google The Impact of AI Assistants on Brand Discovery

A major discussion in the marketing and technology industry today highlights how AI assistants such as ChatGPT, Google Gemini, Claude, and Perplexity are changing the way people discover brands online. Instead of typing keywords into Google and visiting many different websites, consumers are increasingly asking AI assistants direct questions and receiving complete answers with product recommendations. This means the traditional search journey is changing, as AI tools now act as the first point of contact between customers and brands. Experts believe this shift is forcing businesses to rethink their digital marketing strategies and create content that AI systems can easily understand, trust, and recommend.The growing influence of AI assistants is also changing how companies measure online visibility. Rather than focusing only on search engine rankings, brands are now trying to improve their presence in AI-generated responses by publishing accurate information, earning positive reviews, and building credibility across trusted websites. Marketing experts say that businesses with reliable and well-structured content are more likely to be recommended by AI assistants. As AI-powered discovery becomes more common, companies are expected to invest more in AI-ready content, digital trust, and customer experience to remain competitive in the evolving online marketplace.This strategy is supported by the most recent developments in the AI ecosystem. Google's greater integration of AI into Search, Anthropic's ongoing investment in enterprise AI, and OpenAI's development of ChatGPT into a more comprehensive work platform all point to the same future. Developing stronger AI models is no longer the race. It aims to become the interface through which individuals find, evaluate, collaborate, and make decisions. Marketing adapts to changes in the interface. Brands fought for consumers' attention for twenty years. They then engaged in traffic competition. Competition for confidence will define the next ten years. That's a different goal.A brand's homepage is no longer always the first thing people see of it. The AI-generated response that a customer sees prior to clicking a single link is becoming more and more common. Visibility is no longer sufficient on its own. Brands need to be able to be recommended. While working with businesses on AI visibility, one realization has become more apparent. Uncertainty was represented by each click. Because they still wanted more information before making a choice, people clicked. AI modifies that formula. AI is progressively assisting customers in becoming self-assured enough to stop seeking, rather than assisting them in finding information. For this reason, the next competitive advantage in marketing might be confidence rather than substance.  

Published 17 Jul 2026 05:37 PM

images of Ranjit Singh, a seasoned businessman, is named Chief Operating Officer of Smarten.

Smarten Power Systems has appointed Ranjit Singh as its new Chief Operating Officer (COO), effective 1 August 2026, as the company strengthens its leadership team to support its next phase of growth. The appointment was approved by the company's Board of Directors during its meeting held on 14 July 2026. Before this promotion, Singh served as Consultant – Vice President, Operations at Smarten, where he played a key role in improving manufacturing processes, increasing operational efficiency, and supporting several strategic initiatives. In his new position, he will oversee the company's end-to-end operations, including manufacturing, supply chain management, quality systems, and strategic execution. His leadership is expected to help Smarten expand its business in both India and international markets. Ranjit Singh brings more than 52 years of experience in manufacturing, engineering, product development, power electronics, telecom power, and renewable energy. One of his notable achievements at Smarten was leading the successful transition of the company's in-house battery manufacturing facility at Baddi, Himachal Pradesh, following its IPO. He established systems and processes that enabled stable in-house battery production and prepared the company for future manufacturing expansion. Speaking on his appointment, Singh said he is honoured to take on the new responsibility and will focus on strengthening manufacturing excellence, improving supply chain agility, enhancing quality systems, and building a culture of continuous improvement. Smarten's management believes his extensive industry experience will help the company meet the rising demand for power backup and renewable energy solutions while supporting long-term, sustainable growth.  

Published 16 Jul 2026 05:30 PM

Shark Tank India 6 launches a fresh campaign to begin registration.

The makers of Shark Tank India have officially opened registrations for Season 6 with a fresh campaign encouraging aspiring entrepreneurs from across India to apply. The new campaign highlights that every great business starts with a bold idea and invites founders at every stage—from early concepts to established startups—to pitch for funding and mentorship.The registration process has been divided into two phases. The first call for registrations ran from July 1 to July 11, 2026, while the second phase opened on July 13 and will continue until July 31, 2026. Applications can be submitted through the Shark Tank microsite on the SonyLIV app after mobile number verification.As part of the campaign, Sony has also introduced a priority registration drive for women entrepreneurs, encouraging more women-led startups to participate. Promotional videos and social media posts emphasize that innovative ideas can come from anyone, regardless of business size or experience.According to the official FAQs, Indian citizens aged 18 years or above can apply. Entrepreneurs below 18 can also participate through a parent or legal guardian. The show welcomes founders from all sectors, whether they have a prototype, a growing business, or a new startup idea.Since its debut, Shark Tank India has become one of the country's biggest startup platforms, helping hundreds of entrepreneurs secure investments, mentorship, and national recognition. The new Season 6 campaign continues this mission by encouraging innovators to take their ideas to the next level and present them before some of India's leading investors.  

Published 14 Jul 2026 05:48 PM

Harjeet Grewal: Who Is He? The explanation of the new chairman of the National Minorities Commission

The Central Government has appointed Harjit (Harjeet) Singh Grewal as the new Chairperson of the National Commission for Minorities (NCM). His appointment fills the top post in the Commission, which had been vacant since the completion of former chairman Iqbal Singh Lalpura's tenure. Grewal will serve a three-year term from the date he assumes office, or until further orders. Along with him, Munawari Begum has been appointed as Vice-Chairperson and Glenn E. Souza Ticlo as a Member of the Commission. Harjeet Grewal is a senior Bharatiya Janata Party (BJP) leader from Punjab and a long-time party organiser. He joined the BJP in the 1980s after working with the Rashtriya Swayamsevak Sangh (RSS). Over the years, he has held several important organisational positions, including roles in the BJP Kisan Morcha and the party's national executive. He became well known during the 2020–21 farmers' protest as one of the BJP's prominent Sikh leaders. The National Commission for Minorities (NCM) is a statutory body established under the National Commission for Minorities Act, 1992. Its main responsibility is to safeguard the rights and interests of India's notified minority communities, monitor the implementation of constitutional and legal safeguards, investigate complaints, and advise the Central Government on minority welfare policies. Grewal's appointment is considered significant because it restores full leadership to the Commission after a prolonged vacancy. It also marks the third time a Sikh leader has headed the National Commission for Minorities, reflecting the government's effort to strengthen the functioning of the statutory body responsible for protecting minority rights in India.  

Published 20 Jul 2026 06:58 PM

MHA requests input from stakeholders and suggests a CEO and more CEO positions for I4C.

The Ministry of Home Affairs (MHA) has invited comments from stakeholders on a proposal to create new senior leadership positions in the Indian Cyber Crime Coordination Centre (I4C). The proposal includes one Chief Executive Officer (CEO) post and three Additional Chief Executive Officer (Additional CEO) posts to strengthen India's cybercrime prevention and response system. According to the draft recruitment rules, the CEO post will be at Pay Matrix Level-15 (equivalent to Additional Secretary rank), while the three Additional CEO posts will be at Pay Matrix Level-14 (Senior Administrative Grade). These positions will function under the Cyber and Information Security (CIS) Division of the MHA and are expected to improve strategic planning, coordination, and administration within I4C. The MHA has asked all stakeholders to submit their suggestions and comments by August 14, 2026. After reviewing the feedback, the ministry will finalize the recruitment rules. The appointments will be made on a deputation basis under the Non-Central Staffing Scheme and will not come under the jurisdiction of the Union Public Service Commission (UPSC). Instead, the appointments will be approved by the Appointments Committee of the Cabinet (ACC) based on recommendations from a Search-cum-Selection Committee headed by the Union Home Secretary. The proposed eligibility criteria require candidates to have a bachelor's degree along with significant experience in areas such as cyber security, cybercrime investigation, cyber forensics, information and communication technology (ICT), or internal security. The move is intended to strengthen I4C's leadership structure and enhance India's capacity to tackle the growing threat of cybercrime through better coordination and expert management.  

Published 16 Jul 2026 06:00 PM

Indias New Ambassador to North Korea is Sanjeev Jain.

The Government of India has appointed Sanjeev Jain as the country's next Ambassador to the North Korea. The appointment was announced by the Ministry of External Affairs on 7 July 2026. Jain is expected to assume his new diplomatic responsibilities in Pyongyang shortly.Sanjeev Jain is a 2008-batch officer of the Indian Foreign Service (IFS). Before this appointment, he was serving as India's Ambassador to the Cabo Verde. During his diplomatic career, he has handled several important international assignments, giving him extensive experience in foreign policy, bilateral relations, and multilateral diplomacy.His appointment comes at an important time for India's engagement with North Korea. Although India maintains limited diplomatic and economic relations with Pyongyang because of international sanctions and security concerns, New Delhi has continued to keep diplomatic communication channels open through its embassy in the North Korean capital.India's embassy in Pyongyang resumed normal diplomatic activities after a prolonged disruption caused by the COVID-19 pandemic and travel restrictions. The appointment of a new ambassador reflects India's intention to maintain a regular diplomatic presence while carefully balancing its broader strategic interests in the Korean Peninsula.The Ministry of External Affairs stated that Sanjeev Jain will take up the assignment shortly. His role will include managing India's diplomatic relations with North Korea, monitoring regional developments, assisting Indian interests, and representing India on political and humanitarian issues wherever required.India continues to support peace, stability, and the denuclearisation of the Korean Peninsula while maintaining stronger economic and strategic partnerships with South Korea. The appointment of Sanjeev Jain underscores India's commitment to sustaining diplomatic engagement with all countries in the region despite complex geopolitical challenges.  

Published 07 Jul 2026 05:24 PM

Vikram Misri, Foreign Secretary, Receives a One Year Extension

The Central Government has approved a one-year extension for Vikram Misri as India's Foreign Secretary, allowing him to continue in office until July 14, 2027. The decision was cleared by the Appointments Committee of the Cabinet (ACC) under the provisions of Fundamental Rule 56(d), which permits extensions for select senior government officials in the national interest. Vikram Misri, a 1989-batch Indian Foreign Service (IFS) officer, assumed charge as Foreign Secretary in July 2024. During his tenure, he has overseen India's diplomatic engagements on several critical global issues, including relations with neighboring countries, strategic partnerships with major powers, and India's participation in multilateral forums. His extension reflects the government's confidence in his leadership and diplomatic experience. Before becoming Foreign Secretary, Misri served as Deputy National Security Adviser and held ambassadorial assignments in China, Spain, and Myanmar. He is particularly recognized for his expertise on China and played a significant role in managing diplomatic engagement following the India-China border tensions after the Galwan Valley clashes. His long diplomatic career has earned him a reputation as one of India's most experienced foreign policy experts. One of the unique aspects of Misri's career is that he has served as Private Secretary to three Prime Ministers—I. K. Gujral, Manmohan Singh, and Narendra Modi. This rare distinction highlights the trust successive governments have placed in his administrative and diplomatic capabilities. The extension comes at a time when India is navigating an increasingly complex international environment marked by geopolitical competition, regional security concerns, and expanding global partnerships. Maintaining continuity in the leadership of the Ministry of External Affairs is expected to help sustain ongoing diplomatic initiatives and negotiations across multiple regions.  

Published 03 Jul 2026 05:21 PM

In a passionate letter, Ram Gopal Varma states that Yami Gautams career has more impressed him than her National Award win for Article 370 The struggles, perseverance, risks.

Filmmaker Ram Gopal Varma shared a heartfelt message congratulating Yami Gautam after she won the Best Actress award at the 72nd National Film Awards for her performance in Article 370. While celebrating her achievement, Varma said he was even more impressed by her journey to success than the award itself. In his note, Varma praised Yami’s years of hard work, perseverance, and willingness to take risks in choosing meaningful roles. He said that success is not only about winning awards but also about the dedication, patience, and determination that lead to such achievements. According to him, Yami’s career reflects consistent effort and strong belief in her craft, making her journey truly inspiring. Yami Gautam also expressed her gratitude after receiving the National Award. She described the honour as the result of her 14-year journey in the film industry and said that Article 370 has a special place in her heart. She thanked her family, team, and supporters for standing by her throughout her career and dedicated the achievement to everyone who continues to believe in their dreams.  

Published 20 Jul 2026 06:45 PM

Never Heard About It Growing Up Sana Saeed, Little Anjali of Kuch Kuch Hota Hai, Makes A Startling Admission

Actress Sana Saeed, who became famous as little Anjali in Kuch Kuch Hota Hai, has shared a deeply personal story about her childhood and the health challenges she quietly faced for many years. In a recent social media post and video, Sana revealed that she struggled with bulimia, a serious eating disorder, from a young age. She admitted that while growing up, she had never heard of the condition and did not understand why she felt anxious about food. Because she had no knowledge of eating disorders, she believed there was "something wrong" with her instead of recognizing that she needed help. Sana said that the lack of awareness made it difficult for her to identify her condition, and she spent years dealing with the problem in silence before finally understanding what she was going through. Recalling those difficult years, Sana explained that she often worried about eating in front of others and feared people would judge her. She said that reading The Bulimia Help Method became a turning point in her recovery because it helped her understand that her struggles had a name and that she was not alone. Even after discovering the condition, she found it extremely difficult to accept that she had bulimia because of the shame and stigma attached to eating disorders. Sana's statement, "I never heard about it growing up. I wish I'd heard about it, so I would have gone straight to the problem," highlights the importance of mental health education and awareness from an early age. She hopes that by sharing her experience, others facing similar challenges will recognize the signs sooner and seek professional support without fear or embarrassment. The actress also shared an encouraging update about her life, saying that she has now fully recovered and feels happier and healthier than ever before. She emphasized that recovery is possible with the right guidance and support. Sana encouraged anyone struggling with an eating disorder or any mental health issue to speak to someone they trust and seek qualified professional help. Her honest confession has received appreciation from fans and mental health advocates, who praised her courage for speaking openly about a topic that is often misunderstood. Many people believe that her story will help spread awareness about eating disorders and encourage more open conversations about mental health, body image, and emotional well-being.  

Published 17 Jul 2026 05:41 PM

A New Chapter Unfolds as Alia Bhatt enters the world of Tumbbad 2, according to Sohum Shah.

Alia Bhatt has officially joined the cast of Tumbbad 2, one of the most anticipated sequels in Indian cinema. The announcement was made today by actor-producer Sohum Shah, who welcomed Alia to the film with a social media post saying, "A new chapter unfolds. Welcome to #Tumbbad2." The news has generated significant excitement among fans, who have been eagerly waiting for updates on the sequel since the original Tumbbad became a cult classic. According to reports from multiple entertainment websites, Alia Bhatt will play a pivotal role in expanding the mysterious world of Tumbbad. While the makers have not revealed details about her character, reports suggest that her role will be crucial to the film's biggest twists and will further explore the dark mythology surrounding Hastar. Her addition is expected to bring a fresh dimension to the horror-fantasy franchise. Entertainment portals have also highlighted that Tumbbad 2 marks Alia Bhatt's first full-fledged venture into the horror genre. In her statement, the actress expressed excitement about joining a film universe that has fascinated audiences for years. She said that Tumbbad stayed with her long after watching it and that becoming part of its sequel is both exciting and creatively fulfilling. The sequel will reunite Sohum Shah with acclaimed actor Nawazuddin Siddiqui and is being directed by Adesh Prasad. Produced by Sohum Shah Films in association with Pen Studios, the film aims to build upon the mythology established in the original movie while introducing new characters and expanding its supernatural world. Industry experts believe that Alia Bhatt's casting significantly raises the profile of Tumbbad 2. The original film earned widespread appreciation for its unique storytelling, stunning cinematography, and blend of folklore and horror, eventually becoming a cult favorite. With Alia joining the franchise, expectations for the sequel have increased, and many believe it could become one of the biggest Indian horror films upon release.  

Published 14 Jul 2026 05:55 PM

played at a nearby gurdwara after being pulled out of ZEE5. In Punjabi villages, Diljits Satluj is given a second chance at life.

Diljit Dosanjh's film Satluj has received a new life in Punjab, even after being removed from the OTT platform ZEE5 in India. The film was taken down just two days after its release, leading to disappointment among fans who were eager to watch it online. However, instead of allowing the film to disappear, people in Punjab have started organizing public screenings in villages, gurdwaras, school grounds, and community halls. These screenings are being arranged by local sports clubs, youth groups, and Sikh organizations, which are using projectors, LED screens, and sound systems so that everyone can watch the film together.Many people believe that Satluj tells an important chapter of Punjab's history and should be available for the public to watch. Because of this, the community has come together to ensure that the film reaches as many people as possible. In several villages, volunteers have donated money, equipment, and their time to organize these events. Families, young people, and elderly residents have gathered in large numbers to watch the movie, turning the screenings into community events. Some participants have even described these efforts as a form of "seva" (selfless service) because they feel they are helping preserve an important story.The Delhi Sikh Gurdwara Management Committee (DSGMC) has also announced that it will hold public screenings of the film in gurdwaras and organize educational seminars about the life of Jaswant Singh Khalra, whose story inspired the movie. The committee believes that people should have the opportunity to learn about this part of history despite the film's removal from the streaming platform. Similar screenings are now being planned in several states, including Punjab, Delhi, Haryana, Rajasthan, and Jammu, showing the strong public support for the film.The controversy over Satluj has also sparked legal and public debate. A Public Interest Litigation (PIL) has been filed in the Punjab and Haryana High Court, asking for the film to be restored on ZEE5. The petition argues that removing the film without a clear public explanation raises concerns about freedom of expression and transparency. Meanwhile, Diljit Dosanjh has said that he was not surprised by the film's removal, as it had already faced several delays and challenges before its release. Despite these obstacles, the overwhelming support from local communities has given Satluj a second life, proving that audiences are determined to keep its story alive.  

Published 09 Jul 2026 08:49 PM

Axis Bank is Religares pick of the month for March, 10% upside seen at TP of ₹1,185; should you buy?

Domestic brokerage firm Religare Broking has picked Axis Bank as its stock pick of the month for March 2024 with a potential upside seen around 10 per cent. Shares of Axis Bank were on an uptrend and gained around three per cent today as Nifty 50 hit a fresh lifetime high of 22,353.30 on strong macroeconomic indicators.On Friday, March 1, shares of Axis Bank opened at ₹1,074.05 and gained 2.5 per cent to hit an intra day high of ₹1,101.60 against its 52-week high of ₹1,151.50 apiece on the BSE. Shares of Axis Bank settled 2.20 per cent higher at ₹1,099.35 apiece on the BSE. At a current market price (CMP) of ₹1,085, Religare sees a potential upside of 10 per cent on Axis Bank stock at a target price of ₹1,185 from an initiation range of ₹1,080-1,085 and a stop loss of ₹1,030. Religare Broking highlights that in its report that Axis Bank has remained one among the top performer among the private banking majors and we expect the outperformance to continue. ‘’The stock has been in a primary uptrend from last more than eight months, forming series of Higher Highs and lows with gradual rise in volumes. It has formed an elevated base around the 20 weekly EMA which also coincides with rising support trend line,'' said Religare Broking. Following the price action and uptick in volumes indicates the stock to resume its prevailing trend and inch higher to surpass its previous swing high, according to the brokerage. The stock gained marginally (around three per cent) in the previous series with reduction of eight per cent open interest (OI). 98 per cent of the open positions rolled which is same with respect to previously. ‘’OI of 82k contracts as against 89k previously. Decent cash based buying also seen in last three days of February series. With fresh cash accumulation and shorts being trapped, it may witness good short covering,'' said Religare Broking. The bank's net interest income (NII) in the third quarter at ₹12,532, crore, which rose by nine per cent - almost in line with the market estimate of ₹12,555 crore. NII is the difference between interest earned by a bank through loans and interest it pays to depositors. Meanwhile, the net interest margin (NIM) stood at 4.01 percent for the quarter ended on December 31, 2023. Net Interest Margin refers to the difference between the interest income earned and the interest disbursed by a bank in relation to its interest-generating assets such as cash.    

Published 01 Mar 2024 09:35 PM

Potential for any re-rating delayed for Paytm, says UBS; still sees 25% upside in the stock – heres why

Shares of One 97 Communications (Paytm) have witnessed an almost 50 percent drop just in February as investor sentiment turned negative amid the RBI and Paytm Payments Bank Ltd (PPBL) saga.In a recent note, brokerage house UBS said it believes that any potential for a re-rating of Paytm based on profitability improvement has been delayed. It has retained a 'neutral' call on the stock and reduced its target price to ₹510 (from ₹650 earlier). The new target indicates an over 25 percent potential upside. "Paytm's share price has derated significantly post RBI regulatory action and the stock is trading at 1.5x EV to one-year forward consensus sales, nearly an 80 percent discount to its Indian internet peers. Our ₹510 price target implies a 2.4x EV to FY25E sales, which is still a 70 percent discount to Indian internet peers. We believe this is justified as Paytm's growth profile is now much weaker at an 8 percent expected revenue CAGR over FY24-26E, versus Indian peers at a much higher 27 percent. Additionally, Paytm's re-rating potential based on its profitability improvement is now also pushed out and the company's margin profile is much weaker than peers. Furthermore, the loss of investor confidence based on the regulatory action is unlikely to change in a hurry. We believe only sustained execution in the coming quarters can re-build investor confidence which would drive a re-rating," explained the brokerage. The RBI on January 31 directed PPBL to stop accepting deposits or top-ups in customer accounts, wallets, FASTags, and other instruments after February 29, citing large-scale non-compliance with regulations and supervisory concerns. In the latest update, the Reserve Bank of India clarified that non-Paytm Payments Bank Limited (PPBL) linked merchants (85 percent of the total) can continue to function as normal and gave a 15-day extension till 15th March for most PPBL-linked activities. RBI also informed that @paytm UPI handles can be migrated to banks after approval from NPCI. This implies key linkages between Paytm and PPBL will be transferred to other banks via Paytm and also clears the way for Paytm to function as third-party app provider (TPAP), similar to its competitors PhonePe and Google Pay, once NPCI provides approval for the same. Following RBI's latest update, the anticipated negative impacts on Paytm have been alleviated to a considerable extent. Paytm is poised to retain a significant portion of its customer and merchant base pending certain approvals from the National Payments Corporation of India (NPCI). However, UBS anticipates a churn of 15-20 percent in merchants, customers, and devices in Q4 compared to Q3 levels, accompanied by a steep decline of around 60 percent quarter-on-quarter in loan origination. Additionally, it foresees a challenging FY25 with a projected 2 percent revenue decline, attributed to the loss in the wallet business and gradual normalisation in payments and loan origination activities. To regain lost customers, Paytm is expected to escalate its marketing expenditure, leading to heightened EBITDA losses in FY25, consequently prompting adjustments in its EPS estimates.    

Published 01 Mar 2024 09:35 PM

Stock market selloff: Nifty forms Bearish Engulfing; 21,850 next?

Nifty on Wednesday could not sustain early gains and saw heavy selling, as it closed below the psychological mark of 22,000 for the time since February 15. The index formed a Bearish Engulfing pattern on the daily chart, which has a negative connotation.   The silver lining was the index somehow managed to settle above its 21-day EMA on a closing basis. If the index stays below 22,000 level, chances are it may revisit 19,850-800 level, analysts said.“The index dropped below the 22,000 mark, indicating a growing weakness. Nevertheless, it managed to close just above the 21EMA on the daily timeframe. Observing the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correction towards 21,800 in the near term,” said Rupak De, Senior Technical Analyst at LKP Securities. For the day, the 50-pack index closed at 21,951.15, down 247.20 points or 1.11 per cent. A sustained Nifty trade above 21,950 might spur a recovery in the index towards 22,100, De added. With the Bearish Engulfing candle, Nifty has given up all the gains of the previous week, said Chandan Taparia of Motilal Oswal Securities. This analyst believes that were the index say below 22000, weakness could be seen towards 21,850, followed by 21,700 levels. Resistances are seen at 22,150 and 22,222 levels, he said.atin Gedia – Technical Research Analyst at Sharekhan said that the index has reached its 20-day moving average of 21,944. He said the broad range of 21,800-22,300 still has not been breached. "The daily as well as hourly momentum indicators have a negative crossover, which  is a sell signal. But prices are still in a range and, hence, a decisive breach below 21,875 i.e. the previous swing low is required to validate the change of trend. The Index is around the crucial support zone 21,900, which is likely to act as a make-or-break level from short term perspective," Gedia said.  

Published 01 Mar 2024 09:34 PM

IIT Kanpur’s 1974 batch pledges Rs 10.11 crore

"The Class of 1974 of the Indian Institute of Technology Kanpur (IIT Kanpur) has committed Rs 10.11 crore to fund a range of institute initiatives. The promise is made as part of the batch's Golden Jubilee Reunion, which will take place from February 23 to February 25, 2024, and will bring together over 80 graduates and their families. ""IIT Kanpur takes great pride in its alumni, and time and time again, our alumni have come together for supporting the growth of their alma mater through various means,"" stated Prof. S Ganesh, Director of IIT Kanpur, in response to the Class of 1974's kind pledge. The Class of 1974's commitment to support greatness at the institute by aiding in its development aligns with a shared goal He continued, ""The 'Batch Legacy Fund' will be used to enhance possibilities for both faculty and students. ""We, the proud alumni of the Class of 1974, are honored to unite and contribute to our cherished alma mater, IIT Kanpur,"" he stated, thanking his classmates for this endeavor and his alma mater, batch coordinator Yogesh Khosla. Our combined support is a testament to our great pride in the organization and our common goal of seeing it succeed moving forward. I would want to sincerely thank everyone of my classmates for their kind cooperation in this project. The Class of 1974's 50th reunion was a happy event full with memories, laughter, and introspection that will live on in the archives of IIT Kanpur, an institution thinkinh said.   IIT Kanpur stated that the ""Class of 1974 Batch Legacy Fund"" will undoubtedly advance learning within its community and expressed its sincere gratitude to the Class of 1974 for their outstanding contribution and steadfast dedication. The researchers from the Indian Institute of Technology Madras (IIT Madras) will present their findings to the students during an open house. The purpose of the event is to give students a forum to interact with professionals and well-known businesspeople. March 2 and March 3 of 2024 will be dedicated to the open house. Shaastra will host IITM for Everyone. A statement on the social media account read, ""IIT Madras is open to all for the first time in 15 years."" "

Published 28 Feb 2024 05:34 PM

AAP must leave its headquarters by June 15th, per a Supreme Court order.

The Aam Aadmi Party of Arvind Kejriwal will have to leave its headquarters, which are located on a plot of land designated for the High Court. The good news is that you still have until June 15 to act. The Supreme Court gave the party a long deadline because of the upcoming Lok Sabha elections, emphasizing that this is an encroachment case. The party may now submit an application for alternative land to the Land and Development Office of the Center.The bench, which included Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, stated, "We would request the L&DO to process the application and communicate its decision within a period of four weeks." The bench continued, "AAP has no legal right to remain on the land." The Delhi High Court was granted land in February to expand its operations and build more courtrooms for the Rouse Avenue location. The court had noticed that the AAP was intruding on this land. When considering a case involving the nation's judicial system, the highest court took notice of the issue.The state government promised at a meeting on February 15 that the plot would be removed in two months if a substitute plot was provided, in response to a court order. However, the situation remained unchanged. According to India's Chief Justice, DY Chandrachud, nobody has the authority to impose law on others. "It is absurd for any political party to sit on it. Every intrusion will be eliminated... The land should be given to the High Court so that it can be utilized by the general public and citizens, Justice Chandrachud stated.

Published 04 Mar 2024 05:31 PM

Article 21: The Constitutions Soul, with Citizens Liberty Supreme

According to the Supreme Court, Article 21 is the essence of the Constitution because it protects citizens' rights to liberty, which are so valuable that a person would lose them if the high court takes too long to decide cases pertaining to it. Amol Vithal Vahile, a prime accused in the murder of a corporator in Maharashtra, was granted bail by the Bombay High Court on January 29 following prodding from the top court, according to a bench of Justices B R Gavai and Sandeep Mehta.In a recent ruling, the bench stated that it is evident that prior to this court's order being issued on January 29, 2024, the high court had dismissed the bail application on one or more grounds rather than considering it on its merits.It goes without saying that Article 21 of the Indian Constitution is its core because it upholds the fundamental right to liberty for all citizens. It stated, "Depriving the party of their precious right guaranteed under Article 21 of the Constitution of India would mean not reaching a quick decision and brushing off the issue on one or the other basis pertaining to a citizen's liberty." The bench stated that it has encountered numerous cases from the Bombay High Court in which the applications for bail and anticipatory bail were not resolved promptly. The bench mentioned one instance where the application for anticipatory bail was pending for over four years. "We have also encountered many cases where the judges find an excuse to reroute the case on unrelated grounds rather than rendering a decision based on the merits of the case. As a result, we ask the chief justice of the Bombay High Court to communicate our request to all judges who have criminal jurisdiction so that the issue of bail and anticipatory bail can be decided as soon as possible," the bench stated.It requested that the Supreme Court's Registrar (Judicial) forward this directive to the High Court's Registrar (Judicial), who will present it to the Bombay High Court's chief justice. The bench stated on January 29 that, despite the fact that Vahile had been detained for more than seven years, on March 30, 2023, the high court had ordered him to appear before the trial court for regular bail.  

Published 02 Mar 2024 06:02 PM

SEA urges Centre to not extend ban on export of de-oiled ricebran

The Solvent Extractors’ Association of India (SEA) has asked the Indian Government to not extend the ban on the export of de-oiled rice bran beyond March 31.In a letter to Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution; and Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry and Dairying; the President of SEA, Ajay Jhunjhunwala, said the total export of de-oiled rice bran constitutes only around 6 per cent of the production. The restriction has adversely affected processors and exporters along with paddy farmers, hindering them from realising better returns on their produce, he said. The government banned the export of de-oiled rice bran in a notification dated July 28, 2023, effective until November 30, 2023. This was further extended till March 31, 2024 in a notification dated December 8, 2023. Stating that processing of ricebran has picked up with the commencement of new season in November, he said availability of de-oiled ricebran has improved. This is evident from the reduction of price from ₹18,000 a tonne on July 28 2023 (the date of issuing notification) to ₹12,500 a tonne at present. Mentioning that the industry benefits from the export of de-oiled rice bran, he said easy clearance of meal leads to sustained processing, leading to better capacity utilisation, continuous oil availability, increased employment, and significant value addition along with valuable foreign exchange. India, which has successfully developed export market for de-oiled rice bran over the last 30 years, primarily serves Vietnam, Thailand, Bangladesh and other Asian countries. “An abrupt change in export policy has given opportunity to our competing countries like Sri Lanka, Bangladesh to capture Vietnam market for de-oiled ricebran and the market will be lost in no time,” he said. Eastern States, including West Bengal, are a significant producer of de-oiled ricebran. Since the cattle feed industry remains underdeveloped in this part of the country, there is limited demand for de-oiled ricebran in eastern India, he said. “The exorbitant local freight charges to move de-oiled ricebran from eastern India to south or west India makes export the principal means of disposal for de-oiled ricebran in the region. Since export is banned, ricebran processors in Eastern India are facing the prospect of shutting down their operations, adversely impacting the rice milling industry and reducing ricebran oil production,” Jhunjhunwala said. Though export restriction on de-oiled ricebran was imposed in July 2023 to ease milk prices, there is almost no reduction in milk prices across the country since this ban, he said. This is because the cost component of de-oiled ricebran in milk price is very nominal. “We are still of the view that continuing this ban will not support reduction in milk prices but will continue to negatively impact the ricebran processors and de-oiled ricebran exporters,” he said, and requested the government not to extend the ban beyond March 31.      

Published 01 Mar 2024 09:45 PM

Government Employees Platform Plans Strike From May 1 Over OPS Demand

A group of Union and state government employees announced they will go on indefinite strike starting on Labour Day (May 1) this year to demand the restoration of the old pension scheme (OPS), The Hindu reported.The Joint Forum For Restoration of Old Pension Scheme (JFROPS), which was described as a platform of trade unions and associations working among Union and state government employees, said it had decided to serve strike notices starting March 19. Under the OPS, which was retired in 2004, retired government employees received half their last-drawn salary every month as a pension. The government concerned would foot the entire amount. The National Pension Scheme (NPS) replaced the OPS and involves the employee contributing 10% of their basic salary and the government contributing 14% into a corpus, which can be invested into different types of funds. How much an employee would receive upon retirement depends on the market return on these investments. Shiv Gopal Mishra, who is convenor of the JFROPS and is among the leaders of a railway workers’ union, told The Hindu that the decision to go on strike was taken after talks with the Union government had broken down. “We held several protests demanding restoration of OPS. We wrote letters to prime minister and finance minister urging them to restore the OPS. We have also been raising this issue in the JCM [joint consultative machinery] meetings, but the government ignored our demands and we are now forced to go on an indefinite strike,” Mishra was quoted as saying.The Hindu also cited government employees’ unions as claiming that ahead of the call for a strike, ballots conducted in various government departments suggested that nearly 100% of employees supported a strike.They have also argued that pensioners were worse off under the NPS because it does not hike pensions on a regular basis in order to correct for inflation. Some state governments have decided to restore the OPS for their employees. But the Reserve Bank of India has said that going back to the OPS would increase governments’ liabilities and put their financial security at risk. The Union government said in parliament in December that it does not plan on restoring the OPS. It has also warned its employees from going on strike before and argued that their right to form associations did not include a guaranteed right to go on strike. When Mishra was asked by The Hindu how the model code of conduct for the general elections would affect their planned strike, he said they wanted the issue to be discussed by the people. “This is an issue that involves lives of crores of people. Let the people discuss and decide on our demands. Even if the model code of conduct comes in picture, the Cabinet will be there, the Cabinet secretary will be there and they can take a decision on our demand,” he told the newspaper. Another employees’ union leader was cited as saying that ‘all unions’ except the pro-government Bharatiya Mazdoor Sangh would take part in their planned strike.  

Published 01 Mar 2024 09:44 PM

What your scalp might be trying to tell you about why your dandruff keeps returning

Dandruff is one of the most common scalp problems, affecting millions of people worldwide. While many assume it is simply caused by a dry scalp, experts say recurring dandruff often points to a more complex issue. If white flakes continue to return even after using anti-dandruff shampoos, your scalp may be signaling an imbalance that needs more than a temporary fix. Factors such as excess oil production, fungal overgrowth, stress, weather changes, and even diet can contribute to persistent dandruff. One of the primary causes of recurring dandruff is the overgrowth of a naturally occurring yeast called Malassezia. This fungus lives on everyone's scalp but can multiply rapidly when excess oil is present. As it feeds on scalp oils, it produces by-products that irritate the skin, leading to itching, redness, and flaking. Individuals with oily scalps are particularly prone to this cycle, which explains why dandruff often returns soon after treatment is stopped. Your scalp can also reflect your overall health. Dermatologists note that persistent dandruff may indicate conditions such as seborrheic dermatitis, psoriasis, eczema, or sensitivity to certain hair-care products. If dandruff is accompanied by severe itching, inflammation, yellowish flakes, or patches of redness, it is advisable to seek medical advice rather than relying solely on over-the-counter shampoos. Treating the underlying condition is often the key to achieving long-term relief.Lifestyle habits play a significant role as well. High stress levels can weaken the body's natural defenses, making the scalp more susceptible to irritation and fungal growth. Poor sleep, an unhealthy diet lacking essential nutrients such as zinc and B vitamins, and inadequate hydration may also worsen scalp health. Experts recommend maintaining a balanced diet rich in fruits, vegetables, lean proteins, and healthy fats to support healthy skin and scalp function.  

Published 06 Jul 2026 05:07 PM

A Significant Return for Marc Jacobs Beauty

Luxury makeup brand Marc Jacobs Beauty has officially returned in 2026 after being discontinued in 2021, marking one of the most talked-about beauty industry comebacks of the year. The brand relaunched with an entirely new collection of makeup products, including lipsticks, blush sticks, bronzers, eyeliners, mascaras, eyeshadows, and highlighters. The comeback is being led in partnership with Coty Inc., with products launching online and through Sephora stores.Beauty enthusiasts and industry experts have responded positively to the relaunch. The new collection features playful heart, star, and daisy-inspired packaging while maintaining the bold, high-performance formulas that made the original brand popular. Several products, particularly the Heart On Lipstick, Drawn This Way Eyeliner, and Born Star Eyeshadow, have generated strong demand and early sell-outs.Industry analysts view the return as a strategic move in the premium beauty market, where consumers are increasingly seeking distinctive brands with strong creative identities. Marc Jacobs himself recently described the relaunch as a modern reinvention rather than a revival of the old line, emphasizing individuality and self-expression as the brand's core philosophy.  

Published 04 Jun 2026 06:02 PM

The days of microbladed eyebrows are over but are they reversible

Our eyebrows have seen more changes than any other feature. Brows have seen it all, from the thin, pencil-style brows of the year 2000 to the fuller, laminated look of today. But one thing hasn't changed: if you get your eyebrows correct, half of your appearance is taken care of.Microbladed eyebrows were commonplace for a very long period. Because the fad promised bigger, more natural-looking brows with less daily work, celebrities, influencers, and regular people loved it. For many, it provided a long-term solution for uneven or sparse eyebrows. But beauty trends change quickly, and what was once considered contemporary and attractive is now beginning to feel antiquated. Many people are starting to reconsider their previous microblading decisions as softer, more natural brows become more popular.In essence, microblading is a cosmetic tattooing method in which pigment is manually applied to the skin's surface to simulate eyebrow hair. According to Dr. Ruby Sachdev, an aesthetician and consultant at Gleneagles Hospital in Bengaluru, it became well-liked by those who want larger eyebrows without using makeup every day.  

Published 03 Jun 2026 09:52 PM

Benefits of Sattu Indias first protein beverage

These days, a growing number of individuals are including tasty and nourishing "superfoods" from all over the world in their diets. Imagine those colorful matcha lattes, creamy avocado toasts, delicious chia pudding, quinoa salads, and cool kale smoothies. They are healthy in addition to being aesthetically pleasing. Just a gentle reminder: Is it really necessary to spend a lot of money to maintain your health?No, I believe! Sattu is an ancient superfood from India that is tasty, affordable, and very potent. This adaptable component, which is made from roasted gram flour, has been loved and consumed for more than 3,000 years, particularly in Bihar, Jharkhand, and Uttar Pradesh. Chana sattu, once cherished by diligent farmers for a rapid energy boost, is now widely accepted as a wholesome and organic supplement to contemporary meals nationwide. Let's examine the advantages of sattu powder, how it outperforms the most well-liked protein-rich foods, and why it should be at the top of your diet list before you hurry to try another foreign health craze.A traditional Indian flour produced from roasted barley or chickpeas is called sattu powder. In India, it is a native source of protein. It is a well-liked superfood with several health advantages due to its high protein content. Sattu, sometimes referred to as the "desi protein shake," is high in minerals, fiber, and plant-based protein. It is a popular dish in India that is becoming more and more well-known abroad.  

Published 08 May 2026 06:04 PM

Ek bihari sab pe bhari Virat Kohli gives Vaibhav Sooryavanshi particular recognition

Virat Kohli's heartfelt praise for young Bihar cricketer Vaibhav Sooryavanshi has become one of the most talked-about moments after the IPL 2026 season. Following Royal Challengers Bengaluru's title-winning campaign, Kohli met the 15-year-old sensation and shared words of encouragement that quickly went viral on social media.In a video released by RCB, Kohli advised Vaibhav to stay focused on hard work and self-belief rather than outside opinions. He told the youngster that his success had come through dedication and confidence and urged him to keep aiming higher. The highlight of the conversation was Kohli's special line, "Ek Bihari, sab pe bhari", praising the Bihar-born batter for his remarkable performances throughout IPL 2026. .Vaibhav emerged as one of the biggest stars of the tournament, earning widespread admiration for his fearless batting and maturity at such a young age. His performances attracted praise from former cricketers and fans alike, with many viewing him as one of Indian cricket's brightest future prospects.The interaction between Kohli and Vaibhav was widely appreciated by cricket fans, who saw it as a passing-of-the-torch moment between one of India's greatest batters and a rising teenage talent. Kohli's message of humility, hard work, and self-belief has since been shared extensively across social media platforms.  

Published 04 Jun 2026 05:53 PM

Virat Kohli changes once more incorporating elements of Abhishek and Sooryavanshi into his game

The cameras showed Kohli putting his arm over Sooryavanshi's shoulder and conversing with him for several minutes. Although the topic of the talk is unknown, rest assured that Sooryavanshi returned home much wealthier than he would have if he had only received a few honors. Less than a day has passed since Sooryavanshi was recommended for Test cricket by none other than the great Sachin Tendulkar. He had also complimented his batting style earlier.It is important to note that earlier in the 2026 IPL season, Kohli signed Sooryavanshi's cap and gave him an autograph after the left-handed hitter destroyed the RCB bowlers all over the field during the match at the Barsapara Stadium in Guwahati.Sooryavanshi won five awards when the IPL 2026 concluded. The 15-year-old was named Super Striker, Super Sixes of the Season, Orange Cap, Emerging Player of the Season, and Most Valuable Player. Sooryavanshi broke Chris Gayle's record for the most maximums in a single IPL season with 72 sixes during the 19th T20 competition. In the competition, he also became the fastest Indian to reach 1000 runs. In addition, he became the youngest player in the tournament to hit 1000 runs, surpassing Rishabh Pant.Sooryavanshi acknowledged that he would need to improve his fitness going forward if he wanted to have a lengthy career after receiving so many honors. "I need to improve my fitness if I want to avoid getting hurt. Everyone is really encouraging. In an interview with Ravi Shastri, Sooryavanshi stated, "Everyone supports me, including the senior players and support staff. It's a good atmosphere." Master Blaster Sachin Tendulkar has praised Sooryavanshi as well. According to the renowned Indian hitter, the young player possesses all the necessary skills to participate in the game's longest format.In relation to Sooryavanshi, the next tri-series in Sri Lanka will include him. The left-hander will play for India A against Afghanistan A and Sri Lanka A.In relation to Sooryavanshi, the next tri-series in Sri Lanka will include him. The left-hander will play for India A against Afghanistan A and Sri Lanka A.    

Published 02 Jun 2026 10:57 PM

For the first time in an IPL season Indian hitters outpace foreign batters

IPL 2026 had the highest batting strike rate of any season at 156.34. For the first time in an IPL season, Indian hitters (157.10) scored more runs than foreign batters (154.71). 237.30 strike rate, 776 runs, and 72 sixes In an IPL season, Vaibhav Sooryavanshi became just the second hitter to score the most runs, hit the most sixes, and have the greatest strike rate (minimum 50 balls faced). Like Sooryavanshi, Chris Gayle was named Most Valuable Player in 2011.In the previous nine seasons, none of the highest run-scorers were among the top 15 strike rates in that season. The difference between Sooryavanshi's IPL 2026 run total and the next highest total for a batsman with a strike rate of 235 or more in any IPL season (Romario Shepherd's 70 runs in 2025) is 706 runs. IPL 2026 saw 65 totals of 200 or more, the highest in a T20 competition and 13 more than the previous record of 52 in IPL 2025. Individual teams also set new records in IPL 2026: Sunrisers Hyderabad (SRH), Punjab Kings (PBKS), Royal Challengers Bengaluru (RCB), and Rajasthan Royals (RR) all scored nine runs of 200 or more, the most in a Twenty20 competition.In terms of bowling, PBKS and RR gave up 200-plus totals nine times, which is also the most in a Twenty20 competition. IPL 2026 saw the highest number of sixes struck in a season, 1426, up 10.2% from the previous record of 1294 sixes in 2025. Thanks to 72 sixes from Sooryavanshi, who established the individual record for most sixes in a T20 competition, RR struck 181 sixes, the most of any team in a T20 event.  

Published 01 Jun 2026 09:34 PM

Ramakrishna Ghoshs injury has been replaced by Macneil Noronha.

Macneil Noronha, an all-rounder from Karnataka who recently won the MA Chidambaram Trophy at the Naman awards for being the highest run-getter in the 2024/25 Colonel CK Nayudu Trophy, will join Chennai Super Kings (CSK) for INR 30 lakh as a replacement for Ramakrishna Ghosh, who injured his right foot during their game against Mumbai Indians on May 3rd and is out for the season. He will not play this season.Macneil Noronha will take Ghosh's place at CSK for INR 30 lakh.Noronha, a Karnataka all-rounder, has won the MA Chidambaram Trophy at the Naman Awards for scoring the most runs in the Colonel CK Nayudu Trophy for 2024–2025. Noronha was called up by the Karnataka team for the Syed Mushtaq Ali Trophy after an outstanding season, and he played in three games for his state.For the remainder of the 2026 Indian Premier League season, the Chennai Super Kings have selected Karnataka all-rounder Macneil Noronha to replace injured uncapped player Ramakrishna Ghosh.He was called up to Karnataka's Syed Mushtaq Ali Trophy squad as a result of his domestic achievements, and he played in three games. Noronha made an impressive 34 off 21 deliveries in his most recent match against Tripura in December 2025. He also contributed a wicket. The move comes after Ghosh was sidelined for the rest of the season due to a right foot injury he sustained during Chennai's match against Mumbai Indians on May 3. Ghosh had just made his eagerly anticipated IPL debut in that match, contributing to Chennai's decisive eight-wicket victory. Introduced into the attack in a high-pressure match, the young player returned figures of 1 for 24 from his three overs, taking the crucial wicket of Suryakumar Yadav, who had looked dangerous after reaching 21 off just 12 balls. In that match, Ghosh made his eagerly anticipated IPL debut and contributed to Chennai's convincing eight-wicket victory. The youthful player, who was brought into the attack in a high-stress match, recorded figures of 1 for 24 from his three overs, taking the crucial wicket of Suryakumar Yadav, who had appeared dangerous after reaching 21 off only 12 balls.Chennai will be hoping that Noronha will offer valuable depth as they continue to strive for a play-off position in spite of the setback.  

Published 13 May 2026 05:46 PM

Why a political dispute has been sparked by Punjabs reversal on a new rural jobs initiative

The Punjab government has come under political criticism after it decided to implement the Centre’s Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) scheme, despite previously opposing it in the Punjab Assembly. Earlier, the Aam Aadmi Party (AAP) government had argued that the new rural employment programme would weaken the existing rural job guarantee system and place a greater financial burden on the state. The controversy began because the government’s latest notification appears to reverse its earlier position. Opposition parties, including the Congress, Shiromani Akali Dal (SAD), and BJP, have questioned why the government changed its stand. They allege that the decision contradicts the Assembly’s earlier resolution and have demanded an explanation for the sudden policy shift. The Punjab government has defended its decision, saying the matter is linked to the Centre and rural development funding. Rural Development Minister Tarunpreet Singh Sond has accused opposition parties of using the issue for political purposes rather than focusing on the welfare of rural workers. The government has maintained that its priority is to ensure employment opportunities and continued development in villages. The issue has also led to protests by some workers' groups and has become a major political debate in the state. Opposition leaders say the government should clearly explain why it opposed the scheme earlier but is now implementing it. With both the ruling party and the opposition defending their positions, the rural jobs scheme has become an important political issue in Punjab.  

Published 20 Jul 2026 06:59 PM

Congress MP Imran Masood irritates an ally by saying, SP cannot tolerate Muslim leaders.

Congress MP Imran Masood has sparked political controversy after alleging that the Samajwadi Party (SP) "cannot tolerate Muslim leaders." His remarks came during an ongoing war of words with SP leaders and have created visible friction between the two parties, which have previously cooperated under the INDIA bloc. According to reports, this is the first time since the INDIA alliance was formed in 2023 that a senior Congress leader has publicly accused SP of sidelining Muslim leadership. Masood's comments were made while responding to criticism from SP leader Udayveer Singh. He claimed that SP has a history of not allowing strong Muslim leaders to emerge and said the party is uncomfortable with Muslim politicians who speak independently and keep their promises. He also referred to past Muslim leaders associated with SP to support his argument. The remarks have reportedly upset several SP leaders, who fear the controversy could damage the party's image among Muslim voters ahead of the 2027 Uttar Pradesh Assembly elections. Some leaders are also unhappy that the Congress has publicly backed Masood instead of distancing itself from his statements. Political observers believe the exchange reflects growing tensions between Congress and SP over leadership and seat-sharing as preparations for future elections begin. While neither party has officially announced any change in alliance strategy, the public disagreement has raised questions about the strength of opposition unity in Uttar Pradesh.  

Published 16 Jul 2026 06:01 PM

Any anti-sacrilege law must have strict safeguards to prevent its weaponization, said Akal Takht Jathedar.

The debate over Punjab's anti-sacrilege law has intensified after Giani Kuldeep Singh Gargajj, the Jathedar of the Akal Takht, said that any law dealing with sacrilege must include strong safeguards to prevent its misuse. In an interview published on Tuesday, he clarified that the Akal Takht is not opposed to legislation aimed at preventing sacrilege but wants a law that protects innocent people from being falsely implicated.According to Gargajj, past experiences with laws such as those related to sedition and anti-terror provisions have shown that legal measures can sometimes be misused. He argued that sacrilege is an extremely sensitive issue in Punjab and that any new law should clearly distinguish between deliberate acts of desecration and cases of administrative negligence. He warned that harsh penalties for unintentional lapses could lead to injustice.The Jathedar also suggested that the law should go beyond punishing the individual who physically commits an act of sacrilege. He said that if investigations reveal links to organisations, sects, or deras that allegedly encourage or plan such acts, their leadership should also face legal action. In his view, targeting only the immediate accused would leave the real conspirators untouched and weaken the effectiveness of the legislation. Another point of concern raised by the Akal Takht relates to the wording of the proposed law. Religious authorities have objected to certain definitions and terminology, arguing that they do not accurately reflect Sikh religious beliefs and traditions. They have urged the Punjab government to revise these provisions after consulting Sikh institutions before implementing the law.The issue has also led to growing tensions between the Akal Takht and the Aam Aadmi Party-led Punjab government. Recently, the Akal Takht issued a warning to the government over what it described as defamatory campaigns against Sikh institutions and continued to press for amendments to the anti-sacrilege legislation.The Punjab government, on the other hand, has maintained that the objective of the law is to provide stronger legal protection against incidents of sacrilege. It has also expanded the list of protected religious terms and symbols used during investigations. The debate is expected to continue as both the government and Sikh religious authorities seek a balance between safeguarding religious sentiments and ensuring that the law cannot be misused for political or personal purposes.  

Published 07 Jul 2026 05:25 PM

Uddhav Thackeray’s Hindutva reset How Ayodhya row handed him an opening

The alleged irregularities in donations to the Ayodhya Ram Temple have provided a fresh political opportunity for Uddhav Thackeray to reclaim the Hindutva narrative that has long been associated with the Shiv Sena. Launching the 'Ram Raksha Andolan' in Maharashtra, the Shiv Sena (UBT) chief accused the BJP of exploiting Hindu sentiments and demanded an impartial investigation into the alleged misuse of temple donations.At a rally in Mumbai, Thackeray revived slogans closely linked to his father, Bal Thackeray, including "Garv Se Kaho Hum Hindu Hain." He argued that his party had never abandoned Hindutva, but had only parted ways with the BJP. By doing so, he attempted to re-establish Shiv Sena (UBT) as the original champion of Hindutva while accusing the BJP of turning the ideology into a political tool.Thackeray also alleged that those responsible for the alleged donation irregularities could not be trusted to investigate themselves. He called for an independent probe, stating that "those looting Hindus are in power." His remarks sought to shift the debate from temple construction to accountability and transparency in the management of religious donations. The political significance of this campaign extends beyond the Ayodhya controversy. Since the 2022 split in the Shiv Sena, the BJP and the faction led by Eknath Shinde have repeatedly accused Uddhav Thackeray of abandoning Hindutva after aligning with the Congress and the NCP. By making the Ram Temple issue central to his campaign, Thackeray is attempting to counter that narrative and reconnect with traditional Sena supporters.The BJP has rejected Thackeray's allegations and responded by saying that he had "finally remembered Ram." Party leaders maintain that Uddhav's campaign is politically motivated, while reiterating that investigations into the donation controversy are already underway. Meanwhile, the Ram Temple Trust is reviewing developments related to the case as public attention remains focused on the issue.Political observers believe the Ayodhya donation row has handed Uddhav Thackeray an opening to revive his party's core ideological identity ahead of future elections. Whether this strategy succeeds will depend on the outcome of the investigation and whether voters view his renewed emphasis on Hindutva as credible or primarily a political response to the BJP's dominance over the issue.  

Published 06 Jul 2026 04:51 PM

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PM Modi hails Nari Shakti at NCC rally, says govt removed obstacles for women

The world is watching how India’s women are projecting Nari Shakti and proving their mettle in every field, Prime Minister Narendra Modi said on Saturday, a day after women stole the limelight at the 75th Republic Day parade, with ample representation in every element of India’s biggest ceremonial event: in the flypast, in mechanised columns, in marching contingents, in bands and in the cultural show. “The 75th Republic Day parade on Kartavya Path was dedicated to ‘Nari Shakti’. We have opened up opportunities for daughters in sectors where their entry was previously restricted or limited,” the PM said addressing the customary National Cadet Corps (NCC) rally at the Cariappa parade ground in Delhi Cantt. He highlighted the contribution of women to different fields including the armed forces, the country’s space programme, start-ups, banking and insurance. The PM said the government has removed obstacles to the entry of women in different areas, while speaking about the opening of frontline roles to women in the military, including command roles, combat positions and permanent commission. “Be it Agniveers or fighter pilots, the participation of women is only increasing in the armed forces,” he said. An all-women tri-service contingent consisting of Agniveers (recruited for short-term in the personnel below officer rank cadre under the Agnipath scheme), led by women officers, took part in the Republic Day parade for the first time. Also, 15 women pilots, including six fighter pilots, were a part of the spectacular flypast. They flew Rafales, Sukhoi-30s and helicopters.Women in uniform are no longer on the fringes but are being assigned central roles on a par with their male counterparts. Women were in the driver’s seat at the parade and 80% of all activities involved them, including the heralding of the parade by 112 women artistes playing a variety of Indian musical instruments from across the country and the Vande Bharatam cultural extravaganza involving 1,500 women. The national flag was also unfurled on the arrival of President Droupadi Murmu by a woman officer, Major Saumya Shukla, amid the roar of a 21-gun salute.The number of women in Central Armed Police Forces has more than doubled during the last 10 years and states are being encouraged to recruit more women in the police force, the PM said. More than 400 sarpanchs of ‘vibrant villages’ and around 100 women belonging to various self-help groups from different parts of the country attended the NCC rally as special guests. The government’s vibrant village programme is aimed at the comprehensive development of select villages along the country’s northern border with China, and covers areas of Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Sikkim and Ladakh.“When the country gives equal opportunity to the talent of sons and daughters, its talent pool becomes enormous,” Modi said.He encouraged the youth to leverage the opportunities presented by Digital India.   

Published 28 Jan 2024 09:25 PM

Amid Political Turmoil In Bihar, Dozens Of Senior Bureaucrats Transferred

Bihar politics crisis: According to a notification of the state government, IPS Sushil Mansingh Khopde, who was posted as the Additional Director General (Operations) of the Special Task Force, has been appointed as ADG (Prohibition).According to a notification of the state government, IPS Sushil Mansingh Khopde, who was posted as the Additional Director General (Operations) of the Special Task Force, has been appointed as ADG (Prohibition).IPS Amrit Raj (1998-batch IPS), who was the ADG (Prohibition), has been appointed as the ADG (Operations). IPS officer Deepak Ranjan, who is the current Superintendent of Police of Jehanabad, has been transferred as the commandant of Bihar Special Armed Police, Bodh Gaya. Ashok Kumar Singh who is the current Superintendent of Police (Araria) has been appointed as the new commandant of Bihar Special Armed Police, Sasaram, the government notification added.Meanwhile, speculation is rife that CM Nitish Kumar may cross over to the National Democratic Alliance (NDA) again, an alliance he left in 2022 to join hands with the opposition and form 'Mahagathbandhan'.Several NDA leaders including former Bihar CM Jitan Ram Manjhi have indicated an alliance breakdown between JD(U)-RJD.Hindustani Awam Morcha (HAM) chief Jitan Ram Manjhi said that the ruling Mahagathbandhan (grand alliance) government will not last for long. The HAM president said that by seeing the statements of his former ally and Bihar Chief Minister Nitish Kumar, he had sensed earlier that there would be a change in the state.Recently I had said that there would be a change in Bihar after January 20 and the basis of this was Nitish Kumar's statement. He has said many things against RJD...On this basis, we said that the alliance would not work. Their alliance will not last for long. Nitish Kumar's dream of becoming PM has been shattered... Therefore, after breaking the alliance, he may contest the Lok Sabha elections independently or join the other alliance," Manjhi said.Senior Bharatiya Janata Party leader Sushil Kumar Modi on Friday said that the door can be opened if needed, indicating a possible revival of ties between Bihar Chief Minister Nitish Kumar -led JDU.       

Published 28 Jan 2024 09:25 PM

Nitish Kumar NDA alliance news: How RJD, Congress plan to deal with JDUs possible switch

The Rashtriya Janata Dal (RJD) and the Congress have geared up to deal with any unexpected developments in case Bihar Chief Minister and JD(U) chief Nitish Kumar switches alliances and return to the BJP-led National Democratic Alliance (NDA). Speculations are rife that Nitish Kumar would soon resign as the Bihar Chief Minister and take oath for the ninth time, with an NDA cabinet. Nitish Kumar's JD(U) is currently in alliance with the RJD and the Left parties in Bihar. His move to snap ties with the Lalu Yadav's party would come as major hit to the Opposition's INDIA bloc ahead of the Lok Sabha Elections 2024. At a press conference, Congress leader Jairam Ramesh said former Chhattisgarh Chief Minister Bhupesh Baghel has been given the task to handle the situation, likely to unfold in next "two-three days" in Bihar. Meanwhile, Lalu Yadav's party, the RJD, reportedly has a "game plan". RJD leader Manoj Jha said on Saturday that Lalu Prasad Yadav, the chief of the party, has been authorised to take all the decisions. After holding a meeting with RJD leaders, Jha said, "Discussion on several things was done. All the issues, whether from the national or state level, everything were discussed during the meeting. It was a legislature meeting, Lalu Yadav, Deputy CM (Tejashwi Yadav) all MLAs, everyone was present. We all have authorised Lalu Yadav to take the decision. Besides, Lalu Prasad Yadav reportedly asked all MPs to stay in Patna for the next few days. Sources told India Today that the former Bihar chief minister has also asked MPs not to switch off their mobile phones and be prepared for all adverse situations.  

Published 28 Jan 2024 09:24 PM

Nitish Kumar set to resign as Bihar CM again? When and what is expected to happen amid JDU-NDA alliance buzz

Nitish Kumar is likely to resign as the Bihar Chief Minister soon. Reports emerged on Saturday claiming that the JD(U) chief may resign on Sunday, January 28. He might take oath later in the day, by 4 pm, AajTak reported while cited sources. According to reports, Nitish Kumar is likely to take oath as the chief minister for the ninth time on Sunday. This time, the JD(U) may form government with the new NDA cabinet on Sunday, they added. Earlier, Jan Ki Baat had cited sources as saying that Nitish Kumar may resign by 7pm on Saturday. However, there has been no official confirmation on the same.Times Now reported on Saturday evening that the JD(U) will hold a legislative meeting on Sunday morning. The Bharatiya Janata Party (BJP) leaders and MPs will also meet at 10 am on Sunday at the Party office in Patna to further chalk out the strategy over the latest political situation in Bihar. The reports came amid speculations that Nitish Kumar will leave the Opposition's INDIA bloc and return to the BJP-led National Democratic Alliance (NDA). In case Nitish Kumar decides to return to the NDA fold, the opposition united front will take a major hit ahead of the crucial Lok Sabha Election 2024. Earlier in the day, Congress leader Jairam Ramesh held a press conference and said party chief Mallikarjun Kharge is “trying to speak with the Bihar chief minister". Ramesh said Kharge made several attempts to speak with Nitish Kumar, but as both of them are very busy, no conversation could be held between them. Meanwhile, RJD leaders gathered at party supremo Lalu Prasad's home in Patna on Saturday to attend an emergency meeting convened by Bihar Deputy Chief Minister Tejashwi Yadav. Sources told ANI that during the meet, Tejashwi had hinted at many unexpected developments in the state."The Chief Minister used to sit with me on the stage and ask, "What was there in Bihar before 2005?" I never reacted... Now, more people are with us. Whatever remained undone in two decades, we managed to get it done within a short time- be it jobs, caste census, increasing reservation, etc. 'Bihar mein abhi khel hona baki hain' (The game is yet to begin in Bihar) Yadav reportedly said.    

Published 28 Jan 2024 09:23 PM

Justice Department finds Cuomo sexually harassed employees and settles with New York state

ALBANY, N.Y. (AP) — The U.S. Justice Department concluded former New York Gov. Andrew Cuomo sexually harassed more than a dozen state employees, according to a settlement announced Friday that confirmed allegations from the damaging misconduct probe that led to the Democrat’s resignation. The settlement between New York and the Justice Department resolves the federal agency’s sexual harassment investigation of Cuomo and outlines additional steps the state will take to change how it handles misconduct complaints.  Cuomo, once a rising star in the Democratic party, left office in 2021 after a report by Attorney General Letitia James concluded he sexually harassed at least 11 women. He has denied wrongdoing and argued James’ report was driven by politics, intended to force him from office so she could run for governor. The Justice Department investigation found a similar pattern of sexual misconduct by Cuomo and said he subjected at least 13 state employees to a sexually hostile work environment. It said Cuomo’s staffers failed to adequately report allegations and retaliated against four women who raised complaints. The agency did not release a full report detailing its investigation but instead published a list of its findings.An attorney for Cuomo said in a statement that the former governor did not sexually harass anyone.  “The DOJ ‘investigation’ was based entirely on the NYS Attorney General’s deeply flawed, inaccurate, biased, and misleading report. At no point did DOJ even contact Governor Cuomo concerning these matters. This is nothing more than a political settlement with no investigation,” said Cuomo attorney Rita Glavin.The settlement undercut Cuomo’s long-standing criticism of James’ probe at a sensitive time, with the former governor rumored to be considering a political comeback.  “Today, the U.S. Department of Justice found that Andrew Cuomo sexually harassed multiple women and created a hostile work environment, confirming what the New York attorney general’s independent report found over two years ago,” a spokesperson for James said. “Andrew Cuomo can continue to deny the truth and attack these women, but the facts do not lie.”    

Published 28 Jan 2024 09:23 PM

Prominent celebrity lawyer pleads guilty to leaking documents to reporters in Fugees rapper’s case

WASHINGTON (AP) — A prominent defense attorney whose star clients have included Snoop Dogg pleaded guilty Friday to leaking grand jury information to reporters about a political conspiracy case against a rapper from the Fugees. David Kenner, a California-based attorney known for his representation of celebrities like Suge Knight and Tory Lanez, was sentenced to a year of unsupervised probation after pleading guilty to a misdemeanor contempt of court charge. He also agreed to pay a $5,000 fine.  Federal prosecutors say Kenner was representing Prakazrel “Pras” Michel, a founding member of the Fugees, when he gave grand jury information and photos to two reporters for Bloomberg News for “defense-oriented” stories that ran in March 2023, shortly before the start of the Washington, D.C. trial. Michel’s trial included testimony from such figures as actor Leonardo DiCaprio and former U.S. Attorney General Jeff Sessions. As is typical in criminal cases, Kenner had gotten access to evidence in order to prepare Michel’s defense, but had been ordered by the court not to share the information, prosecutors said. Kenner’s attorney said in court documents that the reporters originally agreed to sign a protective order, but later changed their minds. A Bloomberg News spokesperson declined to comment.Kenner, 82, told the judge who sentenced him that he was reckless for not taking steps to terminate the reporters’ access to grand jury information. He described it as a “low point” in his 56-year legal career.  

Published 28 Jan 2024 09:22 PM

This $1.3 billion fund manager expects Teslas shares to gain 550% by 2030

Tesla Inc.’s slowing growth and shrinking profit have made it the weakest stock on the Nasdaq 100 this year. Fund manager David Baron is betting it will be a bump in the road for Elon Musk’s company before another parabolic rally.It’s a tough wager to make right now, after the electric-vehicle maker warned on Wednesday that it will expand at a “notably lower” pace this year, prompting a 12% plunge in the stock. It has now lost $209 billion in market value this month through Friday’s close. The manager of the Baron Focused Growth Fund expects Tesla’s stock to reach $1,200 by 2030, up 550% from current levels, citing its strong brand. Tesla and Musk’s privately held SpaceX were the fund’s largest holdings as of December 31. Last year, it climbed 28%, beating the 18% rise in its benchmark, the Russell 2500 Growth Index, and the S&P 500’s 24% gain. And despite Tesla’s outlook for slower sales growth this year — a result in part of the EV winter that’s gripping the entire industry — Baron still expects the stock to touch around $300 in about 12 months, from around $183 at Thursday’s close. “While he may not be growing 50% a year as the company thought,” Baron said in an interview, “this year in a tough environment he’s still growing volume by 15% to 20% per year and making us $7,000 per car of gross profit.” Tesla delivered 1.8 million cars in 2023, up 38% from the year before. This year, Wall Street analysts project unit sales will increase 17%. The company didn’t respond to an email seeking comment. The Tesla holding is a key to Baron’s goal of boosting his fund’s assets to $2 billion this year, from $1.3 billion as of December 31.The fund manager’s father, Wall Street veteran Ron Baron, is famously a big Musk bull. The elder Baron oversees the Baron Partners Fund, which a Bloomberg Intelligence study published in August found was alone among thousands of rivals to beat the Nasdaq 100 over the prior five, 10 and 15 years. As for SpaceX, David Baron projects its valuation will rise 20% in a year, double within three years and triple within five. The space and satellite company is worth $175 billion or more, Bloomberg reported last month. Baron, 43, became co-portfolio manager in 2018 with his father. The small- and mid-cap fund first bought Tesla shares in 2014. Its outperformance last year came as Tesla’s stock doubled, powered in no small part by its artificial-intelligence potential. Replicating that success in 2024 will be tough should Tesla struggle amid waning EV demand. “More investors are beginning to increasingly question the company’s growth narrative,” Toni Sacconaghi, an analyst at Sanford C. Bernstein, wrote in a note after the latest quarterly results. And while Tesla bulls often say innovation by the company can allow it to sustain a cost advantage and strong margins, “the counterargument is that the automotive industry is hyper-competitive, and carmakers have historically been unable to sustain cost advantages,” the analyst added.  

Published 28 Jan 2024 09:19 PM

India, France agree on joint defence production, expanding bilateral ties in technology, space, and AI

India and France have agreed to work together on the joint production of defence equipment including helicopters and submarines for the Indian armed forces and production for friendly countries, New Delhi said.Macron and Modi agreed to expand bilateral ties in defence production, nuclear energy, space research and the use of artificial intelligence for public services like climate change, health and agriculture, the statement said. After Russia, France is the largest arms supplier to India, which has relied on its fighter jets for four decades. The leaders welcomed the setting up of maintenance, repair and overhaul services by France's Safran for leading-edge aviation propulsion (LEAP) engines in India and adding such services for Rafale engines, and a helicopter partnership. The bilateral summit during Macron's 40-hour visit, was the fifth Macron-Modi meeting since May. India's Tata Group and France's Airbus have signed an agreement to manufacture civilian helicopters together, Indian Foreign Secretary Vinay Kwatra said. French jet engine maker CFM International also announced an agreement with India’s Akasa Air to buy more than 300 of its LEAP-1B engines to power 150 Boeing 737 MAX aircraft.Akasa Air previously ordered 76 aircraft powered by the engine, of which 22 are in use. India and France agreed to intensify cooperation in the southwest Indian Ocean, building on joint surveillance missions carried out from the French island territory of La Reunion in 2020 and 2022, the government statement said. Macron also said France would create conditions to attract up to 30,000 Indian students a year for higher education.  

Published 28 Jan 2024 09:19 PM

Ola founder’s Krutrim turns unicorn after raising $50 mn

BENGALURU: Ola founder Bhavish Aggarwal’s AI start-up Krutrim has turned unicorn after raising $50 million in equity. The round was led by investors including Matrix Partners India and others. Krutrim also becomes the country’s first AI start-up to attain a unicorn status. The funds raised will be instrumental in accelerating the company’s mission to revolutionise the AI landscape, drive innovation, and expand its reach globally, the start-up said. Bhavish Aggarwal, founder of Krutrim said, “India has to build its own AI, and at Krutrim, we are fully committed towards building the country’s first complete AI computing stack.” “We are thrilled to announce the successful closure of our first funding round, which not only validates the potential of Krutrim’s innovative AI solutions but also underscores the confidence investors have in our ability to drive meaningful change out of India for the world.” Last month, Krutrim unveiled its base Large Language Model (LLM). With the largest representation of Indian data used for its training, it powers generative AI applications for all Indian languages. Trained by a team of leading computer scientists, based in Bengaluru and San Francisco, this model will power Krutrim’s conversational AI assistant that understands and speaks multiple Indian languages fluently, it said. Krutrim is a family of Large Language Models, including Krutrim base and Pro that will have multimodal, larger knowledge capabilities, and many other technical advancements for inference. Trained on over 2 trillion tokens, Krutrim accomplishes better performance on multiple well known, global, LLM evaluation benchmarks including MMLU, HellaSwag, BBH, PIQA and ARC, the start-up said. Krutrim will be available in beta version for consumers in February 2024. Additionally, it will also be available as an API for enterprises and developers, seeking to create AI applications. The company is working on AI infra to develop indigenous data centers and eventually, server-computing, edge-computing and super-computers.  

Published 28 Jan 2024 09:17 PM

Yes Bank Q3 Results: Net profit soars 349.7% to Rs 231.6 crore; asset quality stable

Yes Bank Ltd's fiscal third-quarter profit surged more than fourfold but fell short of analysts' estimates. Net profit rose to Rs 231.6 crore for the quarter ended December 31 from Rs 51.5 crore a year ago, the bank said in a statement to stock exchanges on January 27. That compares with the Rs 415.1 crore quarterly profit estimate of brokerage Emkay Global.The lender's gross non-performing assets (NPA) remained steady at 2 percent in the three months ended December 31, while net NPA improved to 0.9 percent.  Net interest income (NII) increased 2.3 percent from a year earlier. Operating profit rose 5.4 percent to Rs 864 crore.The bank also reported a 13.2 percent growth in deposits to Rs 2.4 lakh crore from last year. The current and savings account ratio (CASA) saw a slight decline to 29.4 percent in the quarter ended December 31 from 29.7 percent in the year earlier.  

Published 28 Jan 2024 09:16 PM

Bajaj Finance Q3 Preview: NII to rise 26%, net profit to jump 25% on strong AUM growth

All eyes will be on Bajaj Finance on January 29 as the non-banking financial company (NBFC) will declare its December quarter results. As per a poll of six brokerages, the lender's consolidated net profit is expected to rise 25 percent year-on-year to Rs 3,716 crore. An average of four brokerages shows that net interest income is expected to rise 26 percent YoY to Rs 9,344 crore. Stable asset quality and strong AUM (assets under management) growth will drive earnings, as per analysts. Bajaj Finance, on January 3, declared provisional numbers for the December quarter AUM. On the back of a strong festive season, the company's AUM crossed the Rs 3-lakh-crore mark for the first time in the quarter gone by, surging 35 percent YoY. As per the Q3 update, its deposit book grew by 35 percent to Rs 58,000 crore. During the quarter, it booked 98.6 lakh new loans, a YoY growth of 26 percent.According to domestic broking firm Motilal Oswal Financial Services margins and spreads are likely to decline sequentially by ~25 basis points and 15 basis points, respectively. Credit costs are expected to rise ~10 basis QoQ to ~1.7 percent. Axis Securities also sees margins declining by ~10-15 basis points QoQ owing to an inch-up in cost of funds. Inching up of the cost of funds is an industry-wide trend, noted Jefferies, due to the lagged repricing of MCLR-linked loans. In November 2023, the Reserve Bank of India asked Bajaj Finance to stop issuing new loans through its “eCOM” and “Insta EMI Card” for non-compliance with digital lending guidelines. It is important to watch out for management commentary on the same. Bajaj Finance Q3 results also come after RBI's caution against unsecured lending and risk-weightage increase for consumer credit. While analysts are confident of Bajaj Finance's liquidity position on the back of Rs 10,000 crore fundraising, it will be crucial to monitor management commentary on how Bajaj Finance's borrowing mix will change going ahead as banks' lending to NBFCs slows down. Apart from that, the Street will also be monitoring how new products are scaling up and if any segments are showing signs of stress.  

Published 28 Jan 2024 09:15 PM

Fossil exits smartwatch market, ceding ground to tech giants

American watchmaker Fossil Group has decided to stop producing smartwatches, ending its years-long endeavour of bringing stylish tech timepieces to the market. The company said on Friday that its latest Gen 6 watch using Google’s Wear OS software will be its final release in the smartwatch category. Fossil’s exit comes as the landscape has evolved, with tech giants like Google and Samsung taking over with their own branded devices. “We have made the strategic decision to exit the smartwatch business and redirect resources to our core strengths,” a spokesperson for the Texas-based firm told reporters. Fossil’s sub-brands like Michael Kors, Skagen, and Diesel will also discontinue smartwatches. The company said it will provide support for existing models for a few more years. Fossil was one of the few traditional watchmakers trying to adapt to the new smartwatch trend over the past decade, even as big players ignored the struggling Wear OS platform. But the category finally gained momentum in 2021 when Google and Samsung partnered on a major software update. Industry analysts say Fossil struggled to compete with the tech giants’ marketing power and resources. The company had not released a new smartwatch model since 2021, already signaling its retreat. Fossil provided a unique focus on fashionable design in the smartwatch space. With its exit, there is an opening for other players to fill the void in sleek, designer tech watches. For now, Fossil says it will concentrate on its traditional watches, jewelry and leather goods. Even as smartwatches go mainstream, old-school timepieces still make up the vast majority of Fossil’s business.  

Published 28 Jan 2024 09:14 PM

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