Car sales in June signal strong demand recovery

NEW DELHI: India’s passenger vehicle industry ended the first quarter of FY27 on a strong footing, with most major automakers reporting healthy year-on-year growth in June, reflecting resilient consumer demand for SUVs and electric vehicles, despite supply disruptions at select manufacturers.Tata Motors Passenger Vehicles emerged as the biggest gainer among leading carmakers, reporting sales of…

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Stephen Mccullagh Appeal: YouTuber Stephen McCullagh appeals life sentence after murdering pregnant girlfriend and using fake GTA livestream alibi

Former YouTuber Stephen McCullagh has filed an appeal against the life sentence he received for the murder of his pregnant girlfriend, Natalie McNally. The latest legal move comes just weeks after he was sentenced by Belfast Crown Court. Reports say the Public Prosecution Service has been informed about the appeal, while McCullagh is also said…

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UPI volumes up 1.2%, rise to 76 crore

MUMBAI: Average daily UPI volumes rose to 75.7 crore in June from 74.8 crore in May, up 1.2% month-on-month, while average daily value held steady at Rs 96,405 crore against Rs 96,465 crore, down 0.1%. According to National Payments Corporation of India, this stability in daily run rates came even as headline monthly numbers softened…

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Quote of the day by Franz Kafka: “It’s only because of their stupidity that they’re able to be so sure of themselves” – lessons on false confidence, why certainty is not the same as understanding, from the writer behind The Trial |

Quote of the day by Franz Kafka (AI-generated image) Today’s quote of the day comes from Franz Kafka’s novel The Trial, first published in 1925. The line reads, “It’s only because of their stupidity that they’re able to be so sure of themselves.” It is spoken by the novel’s protagonist, Josef K. , as he…

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Debt’s the way for Indian IT acquisition funding

BENGALURU: Persistent Systems’ $1.5-billion bridge financing from Barclays for its proposed acquisition of German IT firm Nagarro is the latest sign that Indian IT companies are increasingly comfortable using debt to fund transformative acquisitions. This marks a departure from the industry’s long-standing preference for cash-rich, debt-free balance sheets.The financing, backed by a corporate guarantee of…

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Brands get quick-comm boost in summer sales

NEW DELHI: Peak temperatures and the sweltering heat this year have delivered a windfall for consumer brands, with quick-commerce platforms driving robust growth in heat-linked categories.As temperatures climbed across the country, demand for products ranging from ice creams and beverages to sunscreens more than doubled year-on-year in May as consumers sought relief from the relentless…

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Hero Moto to invest 3,200 crore in Andhra Pradesh

NEW DELHI: Hero MotoCorp is set to invest Rs 3,200 crore in Andhra Pradesh over the next three to five years as India’s largest two-wheeler maker ramps up manufacturing, strengthens its global supply chain and expands beyond vehicle production into higher-margin businesses such as accessories and merchandising.The investment includes Rs 750 crore for the company’s…

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WC assists top-end as smart TVs shrink

NEW DELHI: India’s smart TV market may have slipped into reverse in the first quarter of 2026, but the ongoing FIFA World Cup is emerging as an important catalyst for premium television sales. Brands are reporting a sharp surge in demand for larger screens, despite broader consumer caution.According to Counterpoint Research, India’s smart TV shipments…

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