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Virat Kohli, Rohit Sharma close in on all-time India ODI record in England

Virat Kohli needs 68 runs to surpass Rahul Dravid’s tally of 648 runs. Rohit Sharma requires 239 runs to move ahead of Dravid’s total. Dravid currently holds the record with 648 runs from 20 matches. This series presents a big chance for Kohli to claim the top spot.

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LeT, IS operatives among 34 killed in Khuzdar attack: BLA

The Baloch Liberation Army claimed a major suicide attack on an ISIS-K commander’s compound. This operation targeted a meeting coordinating efforts against the Baloch political movement. The BLA stated that 34 operatives, including ISIS and LeT members, were killed. The attack, executed by the Majeed Brigade, followed weeks of intelligence surveillance. This incident highlights alleged

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Read AI jobs warning letter signed by Eric Schmidt, Reid Hoffman and top economists

Influential figures warn artificial intelligence poses a significant job threat. Governments are urged to act faster to prepare for economic shifts. AI could become more powerful, causing large-scale job displacement. This transformation may exceed the Industrial Revolution’s impact in speed. Leaders must build incentives and guardrails for beneficial AI development.

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Business

HCLTech to up AI game, invest 3,500 crore in data centres of up to 50 MW

HCLTech plans a significant investment in new AI data centers. This move targets growing demand for sovereign AI infrastructure. The company reported its first-quarter revenue figures on Monday. Revenue saw a slight sequential decrease but a year-over-year increase. This investment follows HCLTech’s recent stake in Sarvam AI.

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Business

Supreme Court appoints ex-judge Rao to mediate Kalyani family feud

The Supreme Court appointed a retired judge to mediate a family dispute. This mediation concerns over one lakh crore rupees in assets between Baba Kalyani and his sister. The court gave the parties two weeks to attempt a settlement. Earlier, the Bombay High Court refused to send the dispute to mediation. The Supreme Court urged

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‘Sorry’: Why Brendon McCullum apologised to fans ahead of IND vs ENG 1st ODI

Brendon McCullum has apologised to England fans after his removal as Test coach. He accepted the decision, stating the team’s results were not good enough. McCullum admitted disappointment over failing to win major series against India and Australia. He took full responsibility for the team’s culture and tactical performances. The former New Zealand captain will

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Business

Sitharaman tells banks: Devise ways to sustain foreign currency deposits

Finance Minister Nirmala Sitharaman urged banks to enhance outreach to Non-Resident Indians. She called for introducing innovative deposit products to sustain foreign currency deposit momentum. Banks reported significant interest from NRIs in several key global locations. Attractive returns are being offered on FCNR(B) deposits, including five-year options. This initiative aims to mobilize further foreign currency

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Business

Supreme Court upholds Sebi action against Kotak AMC, MD & other executives

The Supreme Court upheld SEBI’s action against Kotak Mahindra Asset Management Company. Senior executives, including Nilesh Shah, faced penalties for mutual fund rule violations. The court rejected the defense that investors did not suffer any financial losses. It emphasized regulatory compliance over investor gains, issuing a stern warning. Kotak AMC and its trustee company were

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Business

Retail inflation goes past 4%, first time in 17 months

Retail inflation rose to 4.4% in June, crossing the 4% mark. Food prices accelerated, and fuel price hikes contributed to this increase. Restaurants and accommodation services saw inflation rise to 6.9 percent. Personal transportation costs also increased significantly after recent fuel price adjustments. This marks the first time inflation surpassed 4% in the new CPI

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Business

India’s trade deficit hits 5-month high as imports surge

India’s trade deficit reached a five-month high as imports surged significantly. Exports showed continued growth, but were overshadowed by increased import costs. Crude oil and fertilizer imports saw substantial year-on-year expansion in June. Electronics and engineering goods led export growth, while gold imports remained stable. Analysts anticipate a widening current account deficit for the fiscal

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