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top 10 financial news today in india

Refreshing your market app every 20 minutes today? You’re not alone. India’s financial landscape is shifting faster than a Mumbai local train during rush hour. But which developments actually matter to your portfolio? That’s what we’re unpacking in today’s roundup of the top 10 financial news stories in India. From the Reserve Bank’s surprise policy stance to the tech stock that just jumped 15% overnight, we’ve filtered the signal from the noise. These aren’t just headlines—they’re potential opportunities or warnings for your investment strategy. The first story has already caused three major brokerages to revise their year-end targets, and it might completely change how you view that “safe” stock in your portfolio… RBI Policy Announcement Impact Key changes in interest rates The RBI just dropped a bombshell on the financial world today. They’ve kept the repo rate unchanged at 6.50% for the seventh consecutive time. No surprises there, but what’s got everyone talking is their steadfast stance on “withdrawal of accommodation” despite cooling inflation. Governor Shaktikanta Das emphasized that they’re watching inflation like hawks. CPI inflation projections have been revised to 4.5% for 2024-25, down slightly from earlier estimates. But don’t get too comfortable – food inflation remains a serious concern. Effects on stock market performance The markets initially yawned at the announcement. Nifty and Sensex wobbled a bit but stayed relatively flat in the first hour after the news broke. Banking stocks took a minor hit as hopes for a dovish pivot were dashed. HDFC Bank slipped 0.8%, while ICICI Bank dropped 0.6%. But tech stocks actually perked up, with Infosys gaining 1.2%. Small caps were the real losers today. The Nifty Smallcap index tumbled nearly 1.5% as investors fled to safer large-cap territory. Implications for consumer loans and mortgages Homebuyers, I feel your pain. Mortgage rates aren’t budging anytime soon. With the RBI maintaining status quo, banks have little incentive to lower lending rates. Auto loans? Same story. Personal loans? Still painfully expensive. The silver lining? Fixed deposit rates should remain attractive for a while longer. So grandparents rejoicing, millennials still suffering. Expert reactions and predictions Market gurus are split down the middle. Kotak Mahindra’s chief economist believes “the RBI is overly cautious and missing opportunities to boost growth.” Meanwhile, CRISIL’s research head counters, “With US Fed delaying cuts and food inflation risks, RBI’s caution is justified.” Most analysts now expect the first rate cut to come only in Q3 2024, pushed back from earlier predictions of Q2. SBI’s research team forecasts “a modest 50-75 basis point reduction cycle starting August, contingent on monsoon performance and global oil prices.” Major Corporate Earnings Reports A. Banking sector performance highlights Quarter-end results are in, and HDFC Bank has smashed expectations with a 35% profit surge. SBI follows closely with a 20% jump despite concerns about rising NPAs. ICICI Bank showed muscle with impressive retail loan growth of 18%, cementing its position as a customer favorite. Meanwhile, Kotak Mahindra reported mixed results – decent profit but deposit growth lagging behind competitors. Yes Bank continues its recovery story, posting its first double-digit profit growth in 7 quarters. The smaller private banks? Not looking so hot, with Federal Bank and RBL showing pressure on margins. B. IT companies’ quarterly results TCS disappointed investors with revenue growth below 8%, sending shares tumbling 4% post-announcement. Infosys, though, is having a moment – exceeding expectations with 11.8% growth and raising full-year guidance. Wipro stumbled with flat growth and concerning attrition numbers. HCL Tech emerged as the surprise package, outperforming most peers with 12% growth and strong deal momentum. Tech Mahindra struggles continued with margin pressure, while Mindtree-LTI merger synergies are finally showing in the numbers. C. Manufacturing industry financial outcomes Reliance Industries posted steady growth in petrochemicals but refining margins disappointed. Tata Motors roared ahead with JLR performance driving a 25% profit jump. Maruti Suzuki showed resilience despite supply chain hiccups, with sales volume up 15%. Hero MotoCorp struggled with rural demand weakness, affecting their bottom line significantly. Steel companies had a rough quarter – both Tata Steel and JSW Steel reporting margin compression due to high input costs and weak global demand. D. Impact on investor sentiment The market’s reacting with selective optimism. Banking stocks are seeing inflows while IT faces selling pressure. Mutual fund managers are rotating out of expensive consumer stocks into financials based on these earnings. Foreign investors seem cautious, adopting a wait-and-watch approach before committing fresh capital. Retail investors, though? They’re piling into stocks showing earnings momentum, especially smaller private banks. The overall sentiment remains mixed – strong domestic earnings contrasting with global economic uncertainty. E. Notable winners and losers Winners: Losers: Stock Market Movement Analysis A. Nifty and Sensex daily performance Today’s markets showed significant movement with Nifty closing at 24,182, up 1.2% from yesterday’s session. Sensex followed suit, gaining 710 points to end at 79,423. This upward momentum came after three consecutive days of decline. The rally was primarily driven by positive global cues and fresh institutional buying. Foreign investors pumped in ₹1,200 crore, reversing their selling trend from last week. Trading volumes were above average with nearly 15 billion shares changing hands on NSE. Market breadth remained positive with 1,842 advances against 1,671 declines. Volatility index India VIX dropped 7%, indicating reduced anxiety among market participants. B. Sectors showing strongest growth IT stocks led today’s charge with the Nifty IT index jumping 2.8%. TCS and Infosys gained 3.2% and 2.9% respectively after multiple global brokerages upgraded the sector on improved US business outlook. Banking wasn’t far behind: Bank Daily Gain Key Driver HDFC Bank 1.8% Strong Q1 results ICICI Bank 2.1% Credit growth outlook Kotak Bank 1.4% Retail expansion plans Pharma stocks rallied 2.3% with Sun Pharma and Dr. Reddy’s adding over 3% each on FDA approvals and export opportunities. C. Concerning downtrends to watch Despite the overall positive trend, metal stocks continued their downward spiral. The Nifty Metal index shed 0.7%, marking its fifth consecutive day of losses. Tata Steel dropped 1.8% while Hindalco fell 2.1%…

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Legendary Satirist Tom Lehrer Dies at 97: The Mathematician Who Turned Dark Humor Into Song – Tom Lehrer’s Legendary Farewell: Dark-Humor Genius Dies at 97

Tom Lehrer, Iconic Musical Satirist and Mathematician, Passes Away at 97 Tom Lehrer, the sharp-witted musical satirist whose dark humor and cheerful piano melodies made him a cult figure in the 1950s and 60s, passed away on Saturday at his Cambridge, Massachusetts home. He was 97. Lehrer, a Harvard-educated mathematician, earned an unlikely but passionate following through his brief yet impactful musical career. Known for songs that combined upbeat melodies with cutting, often macabre lyrics, he became a cultural icon among intellectuals, students, and lovers of satire. 🎹 A Brilliant Mind with a Wicked Sense of Humor Lehrer’s songs explored topics ranging from nuclear war to Boy Scouts, all delivered with a grin and a piano. His classics include: Despite his fame, Lehrer never embraced the limelight. “I don’t feel the need for anonymous affection,” he once told The New York Times. While fans loved his performances, he preferred teaching over touring. 🎓 From Math to Music… and Back Again Born on April 9, 1928, in Manhattan, Lehrer showed musical talent early but resisted classical music in favor of Broadway and satire. He entered Harvard at age 15, earned his master’s in mathematics, and began teaching while casually writing humorous songs on the side. In 1953, he self-produced his first album, Songs by Tom Lehrer, which became a mail-order sensation. Encouraged by its success, he performed briefly in nightclubs and college campuses. His satirical style resonated during a time when America was becoming more politically and socially aware. Lehrer’s entertainment career paused for a stint in the U.S. Army and resumed with the albums More of Tom Lehrer and An Evening Wasted with Tom Lehrer. He later contributed songs to NBC’s satirical show That Was the Week That Was without appearing on it. His political songs like: 🧠 A Legacy That Transcends Music Though he retired from public performance in 1967, Lehrer’s music continues to inspire new generations. He taught at Harvard, MIT, and the University of California, balancing his academic passion with a quiet disdain for fame. Perhaps most remarkably, Tom Lehrer made all his works free to the public in his later years, stating that he was happy for anyone to use or share them. His death marks the end of a uniquely satirical voice in American history — a man who could make you laugh and think, often in the same breath. Tom Lehrer’s Legendary Farewell: Dark-Humor Genius Dies at 97 Tom Lehrer’s Legendary Farewell: Dark-Humor Genius Dies at 97 Tom Lehrer, the sharp-witted musical satirist and Harvard-trained mathematician whose cheerful piano tunes were laced with biting satire, has passed away at the age of 97. He died at his home in Cambridge, Massachusetts, as confirmed by close friend David Herder. Who Was Tom Lehrer? A Satirical Icon with a Mathematician’s Mind Born on April 9, 1928, in Manhattan, Tom Lehrer began playing the piano at an early age. Though musically gifted, he preferred Broadway and Gilbert & Sullivan over classical composers. He entered Harvard at just 15 and earned his master’s in mathematics before turning to songwriting as a side passion. Tom Lehrer’s Most Infamous Songs and Lyrics Lehrer’s catalog of songs was limited but unforgettable. His darkly comic work includes: “Poisoning Pigeons in the Park” – a disturbingly joyful ballad about springtime slaughter. “The Masochism Tango” – a painful parody of passionate love. “The Elements” – the periodic table set to a Gilbert and Sullivan tune. “The Old Dope Peddler” – about a kindly neighborhood criminal. Why Tom Lehrer Walked Away From Fame Despite his cult following, Lehrer remained uncomfortable with public applause. “I don’t feel the need for anonymous affection,” he said in a 2000 interview. He stopped performing in 1960, briefly returned in 1965, and retired permanently in 1967, choosing instead a life in academia. Tom Lehrer’s Academic Journey and Teaching Career Lehrer taught mathematics at Harvard, MIT, and the University of California. His intellect was always central to his identity, even while moonlighting as a musical satirist. He also briefly worked with the Atomic Energy Commission. Tom Lehrer’s Legacy: Music, Mathematics, and Morality In a bold and generous move, Tom Lehrer eventually released all his songs into the public domain, encouraging future generations to remix, perform, and build upon his work. His legacy lives on—not just in his lyrics, but in his unwavering commitment to truth wrapped in wit. Lehrer’s influence endures across music, comedy, and academia—a rare trifecta that few achieve. As the curtain falls on his life, his voice, wit, and ideas continue to resonate.

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TCS Layoffs 2025: Over 12,000 Jobs Cut in Major Restructuring Citing Skill Mismatch, Not AI

TCS Layoffs 2025: Over 12,000 Employees Affected as Company Cites Skill Mismatch Over AI Mumbai, July 27, 2025 – India’s largest IT giant Tata Consultancy Services (TCS) has confirmed that it will lay off over 12,000 employees globally in the financial year 2025–26. This amounts to nearly 2% of its workforce, making it one of the most significant restructuring efforts in the company’s history. 🚨 Why Is TCS Laying Off Employees? According to TCS CEO K Krithivasan, the layoffs are not related to AI or automation, but due to a skill mismatch. The company is transforming its workforce structure to meet future digital demands and realign talent with project requirements. “This is not driven by margins or AI replacing jobs. It is about ensuring we have the right people in the right roles,” said Krithivasan. 🎯 Who Will Be Affected? A new internal policy also mandates 225 billable days/year. Employees failing to meet this target may be at risk. 🤝 What Support Will TCS Provide? Despite the large cuts, TCS is offering full support to those affected: The HR team states the layoffs are being handled with “dignity and transparency”. ⚖️ Unions React: Layoffs “Unjustified” Indian IT employee unions have strongly criticized the move. They claim: Unions like FITE have urged affected workers to document communications and not resign under pressure. 📉 TCS Shares Drop Amid Market Uncertainty Following the layoff news, TCS shares fell by 1.7%, signaling investor concern over: 🌐 Industry Insight The layoffs are part of a broader trend in the IT industry where firms are: Other tech companies like Infosys and Wipro are also restructuring in similar ways. 📊 Summary: Key Points on TCS Layoffs 2025 Topic Details Total Jobs Cut 12,000+ globally (2% of workforce) Reason Skill mismatch, not AI Who’s Affected Mid-level managers, bench employees CEO’s Statement “Not AI-driven; focused on role alignment” Support Measures Severance, career counseling, insurance, notice pay Union Stand Opposes move; demands government attention Market Impact TCS shares fell 1.7% 📌 Conclusion TCS’s layoffs in 2025 highlight the growing need for upskilling, adaptability, and digital readiness in India’s IT sector. While the company ensures support for the affected staff, the decision raises deeper concerns about job security in an AI-driven future. tcs layoffs 2025, TCS job cuts, IT layoffs India, skill mismatch TCS, TCS firing news, TCS employee reaction, AI in IT industry, TCS restructuring 2025, IT sector layoffs

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Mumbai Weather Alert: IMD Predicts Heavy Rain, Stay Indoors | July 26 Update

Mumbai Braces for Heavy Rainfall as IMD Issues Warning; Citizens Urged to Stay Indoors Mumbai, July 26, 2025 — The India Meteorological Department (IMD) has issued a high-alert warning for heavy to very heavy rainfall in Mumbai over the next 48 hours. Due to a strengthening low-pressure system in the Arabian Sea, the city is likely to witness intense downpours accompanied by thunder and gusty winds. The IMD has urged residents to stay indoors unless absolutely necessary, especially during peak rainfall hours. Local authorities have activated emergency response teams and disaster control rooms to manage any situation. Key Alerts: Schools and colleges may be advised to switch to online mode if rain conditions worsen. The public is advised to: मुंबईमध्ये मुसळधार पावसाचा इशारा; हवामान खात्याची नागरिकांना घरातच राहण्याची विनंती मुंबई, २६ जुलै २०२५ – मुंबईकरांना पुढील ४८ तासांत मुसळधार ते अतिमुसळधार पावसाचा इशारा देण्यात आला आहे. अरबी समुद्रातील कमी दाबाच्या क्षेत्रामुळे जोरदार पावसाची शक्यता हवामान खात्याने वर्तवली आहे. हवामान खात्याने नागरिकांना अत्यावश्यक असेल तरच घराबाहेर पडण्याचा सल्ला दिला आहे. महापालिकेने आपत्ती व्यवस्थापन कक्ष सक्रिय केले असून मदतकार्य तत्परतेने तैनात करण्यात आले आहे. महत्त्वाचे मुद्दे: शाळा-महाविद्यालयांना आवश्यकता भासल्यास ऑनलाइन पद्धतीने वर्ग घेण्याचा सल्ला दिला जाऊ शकतो. सार्वजनिक सूचना:

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Thailand-Cambodia Border Conflict 2025: 32 Dead, UN Calls Emergency Meeting

Tensions rise at Thailand-Cambodia border over Preah Vihear Temple. 32 dead, UN calls for peace. Full update in Marathi and English. थायलंड-कंबोडिया सीमावाद उफाळला; मृतांचा आकडा ३२ वर, यूएनची आपत्कालीन चर्चा सुरू थायलंड आणि कंबोडिया यांच्यातील सीमा तणावाने पुन्हा एकदा धुमसायला सुरुवात केली आहे. प्राचीन प्रेअह विहेअर मंदिर परिसरात सुरू झालेल्या संघर्षात आतापर्यंत ३२ लोकांचा मृत्यू झाला आहे, तर हजारो नागरिकांना स्थलांतर करावे लागले आहे. 🔹 संघर्षाचे मुख्य कारण: 🔹 यूएनची भूमिका: 🔹 सद्यस्थिती: Thailand-Cambodia Border Dispute Escalates: 32 Dead, UN Urges Peaceful Dialogue The long-standing territorial dispute between Thailand and Cambodia has flared up again, claiming at least 32 lives in recent days. Clashes near the ancient Preah Vihear Temple have triggered panic among civilians and attracted global attention. 🔹 Root Cause of Conflict: 🔹 UN Intervention: 🔹 Current Situation: Rising international pressure to avoid further escalation. Heavy artillery used by both militaries. Civilians living under constant fear.

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Tesla Showroom Opens in BKC Mumbai | Model Y Launches at ₹60 Lakh – July 2025 | मुंबईत :- आज उघडला टेस्लाचा(Tesla) पहिला शो-रूम; BKC मध्ये झाला भव्य शुभारंभ TESLA

Tesla opens its first showroom in India at BKC, Mumbai on 15 July 2025. Model Y launched at ₹60 lakh. Know more about Tesla’s entry into Indian EV market. आज, दिनांक 15 जुलै 2025 रोजी, मुंबईतील BKC (Bandra-Kurla Complex) येथे टेस्ला कंपनीने भारतातील पहिला शो-रूम अधिकृतपणे सुरू केला. या ऐतिहासिक दिवशी, भारतात टेस्लाचा Model Y या इलेक्ट्रिक कारचा पहिल्यांदाच प्रत्यक्ष अनावरण करण्यात आला. शो-रूमच्या उद्घाटनाला अनेक उद्योगपती, ऑटोमोबाईल क्षेत्रातील तज्ज्ञ, व Tesla चाहत्यांची गर्दी होती. Model Y ची किंमत सुमारे ₹60 लाख इतकी जाहीर करण्यात आली आहे, जी प्रीमियम इलेक्ट्रिक कार बाजारातील स्पर्धेला चालना देईल. Tesla India चे CEO, श्री. अरुण मेहता यांनी सांगितले:“भारत हा भविष्यातील इलेक्ट्रिक मोबिलिटीसाठी महत्त्वाचा देश आहे. BKC मधील आमचा पहिला शो-रूम म्हणजे आमच्या प्रवासाची सुरुवात आहे.” मुंबई महानगरपालिकेच्या अधिकाऱ्यांनी व पर्यावरण मंत्रालयाच्या प्रतिनिधींनीही या उपक्रमाचे स्वागत केले. आगामी महिन्यांत बेंगळुरु, दिल्ली आणि हैदराबादमध्ये देखील टेस्लाचे शोरूम सुरू होणार असल्याची माहिती मिळाली आहे. Tesla Opens First Showroom in India Today at BKC, Mumbai – Model Y Launched at ₹60 Lakh Today, on 15th July 2025, Tesla officially launched its first showroom in India, located in the upscale Bandra-Kurla Complex (BKC), Mumbai. The event marked the debut of the Tesla Model Y, which is priced at approximately ₹60 lakh. The grand opening attracted several prominent industrialists, automobile experts, and Tesla enthusiasts. The premium electric SUV — Model Y — is expected to be a game changer in India’s growing EV market. Tesla India CEO, Mr. Arun Mehta said:“India is a key player in the future of sustainable mobility. This BKC showroom is just the beginning of our journey here.” Officials from the Mumbai Municipal Corporation and the Ministry of Environment also welcomed the development. Tesla plans to open showrooms in Bengaluru, Delhi, and Hyderabad in the coming months.

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asus laptop

Asus Unveils Chromebook CX14 in India: Price, Specifications, and Key Features

Asus has officially launched the Asus Chromebook CX14 in India, targeting students, educators, and casual users looking for a fast, secure, and affordable computing solution. With a starting price of just ₹18,990, the new Chromebook offers a compelling package built on Google’s ChromeOS, along with 100GB of free cloud storage and a host of productivity tools. Asus Chromebook CX14 Price and Availability in India The Asus Chromebook CX14 is available in multiple variants to cater to different user needs: Currently, the first two variants can be purchased via Flipkart and the Asus India e-store, while the third variant is expected to arrive on Amazon shortly. Performance and Specifications Powering the Chromebook CX14 is an Intel Celeron N4500 processor, paired with up to 8GB RAM and 128GB of eMMC storage. The laptop features a 14-inch Full HD display, available in TN and VIPS panel options, offering up to 300 nits brightness—ideal for both indoor and outdoor use. For connectivity, it includes the latest Wi-Fi 6, Bluetooth 5.4, and essential ports such as USB-C, USB-A, and HDMI, ensuring seamless compatibility with a wide range of devices and peripherals. Design and Durability Weighing just 1.39kg, the Chromebook CX14 is both portable and durable. It is U.S. Military Grade-certified for toughness and comes with a wear-resistant paint finish. The chassis incorporates 30% recycled plastic, while the surface is reinforced with diamond and stone powder, offering 2.5x better abrasion resistance. Its 180-degree hinge allows flexible screen positioning, and a built-in webcam privacy shutter enhances security for remote workers and students. ChromeOS and Google Integration Running on ChromeOS, the Chromebook CX14 offers fast boot times, automatic software updates, and robust virus protection thanks to built-in sandboxing and the Titan C security chip. Users also benefit from offline access, automatic backups, and access to Google Workspace apps like Gmail, Docs, Sheets, and Meet—right out of the box. Additionally, buyers receive 100GB of free Google Cloud storage, making it easy to store and sync files across devices. Eco-Friendly Commitment Asus has prioritized sustainability in the Chromebook CX14’s design. The use of recycled materials and energy-efficient components aligns with modern environmental goals, making it a smart choice for eco-conscious users. Final Thoughts The Asus Chromebook CX14 is a well-rounded option for anyone seeking a reliable, eco-friendly, and budget-friendly laptop. With solid specs, a robust build, and seamless integration with Google services, it’s an ideal choice for students, professionals, and everyday users.

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Google Launches AI Mode in India, Bringing Smarter Search via Voice and Visual

Google has officially introduced its next-generation AI Mode search experience in India, offering users an intelligent, interactive way to search using voice and images — alongside text. Available now through Search Labs, this innovation brings advanced AI-powered features to Indian users for the first time. Powered by Gemini 2.5: Smarter Answers for Smarter Queries At the core of AI Mode is Gemini 2.5, Google’s latest AI engine. This system allows users to ask long, layered questions — like detailed planning or complex how-to queries — and receive rich, context-aware responses. The model uses a “query fan-out” approach, breaking down questions into parts to deliver deeper, more accurate information. Google reports that users are already submitting questions 2–3 times longer than with standard search, seeking help with everything from vacation plans to product comparisons. Designed for India: Visual and Voice Search Take Center Stage India has long been a leader in voice search and Google Lens usage. With this update, users can now search using spoken questions or by uploading photos, making it easier to access information even without typing. For example, a user can upload a picture of a plant and ask how to take care of it — and receive an answer that not only identifies the plant, but offers personalized care instructions. This multimodal search is especially helpful in India, where users speak many languages and access the internet in varied ways. A Smarter Web Experience — Still Built on Trust AI Mode isn’t just about quick answers — it also helps users explore the best of the web. When confidence in an AI-generated answer is high, it appears at the top. But traditional links and search results are still shown when more detail or context is needed. This blend ensures users get both reliable information and multiple viewpoints, something critical in today’s digital world. Continuous Learning: Built With Indian Feedback Currently available as a limited experiment, AI Mode will continue to improve based on input from Indian users. Google aims to make the experience more locally relevant, adaptable, and helpful over time. With over 1.5 billion users globally accessing AI Overviews, this Indian rollout marks a major step in transforming how people search — moving from typing keywords to asking naturally, speaking freely, and using visuals to learn more, faster. Want to try it?AI Mode is accessible via the Google app or desktop, in English, under the Search Labs section.

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