South Korea’s stock market staged an extraordinary rebound on Friday, with the benchmark Kospi surging as much as 14% in its sharpest reversal on record, after a month of extreme volatility linked to artificial intelligence valuations, semiconductor stocks, leverage and global technology markets.
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Cabinet Approves ₹5,070 Crore PM Surya Sarovar Yojana for 5,000 MW Floating Solar Projects
The Union Cabinet on Friday approved the Pradhan Mantri Surya Sarovar Yojana (PM-SSY), a ₹5,070 crore scheme aimed at developing 5,000 MW of Floating Solar Photovoltaic (FSPV) projects with co-located Energy Storage Systems (ESS). The initiative is designed to expand renewable energy capacity while strengthening grid reliability.
India’s Q1 FY27 Fiscal Deficit Widens to Rs 3.1 Lakh Crore, Reaches 18.2% of Full-Year Target
India’s fiscal deficit stood at Rs 3.1 lakh crore in the first quarter of FY27, rising from Rs 2.8 lakh crore in the April-June period of the previous financial year. The gap represented 18.2% of the Centre’s full-year budget estimate, according to data released by the Controller General of Accounts (CGA) on July 31, 2026.
US Cyclospora Outbreak Hits Taco Bell Sales as Customers Avoid Lettuce
Taco Bell has seen a decline in U.S. sales amid customer concerns over a cyclospora outbreak linked to shredded lettuce, with Yum Brands reporting that the chain’s same-store sales fell 2% so far in the July-September period. The update comes after the outbreak was connected to shredded iceberg lettuce served at Taco Bell restaurants in several U.S. states.
Tata Steel Q1 Results: Profit Rises 15% to Rs 2,318 Crore, Revenue Climbs 14%
Tata Steel Q1 results: Tata Steel reported a 15% year-on-year increase in consolidated net profit attributable to owners for the quarter ended June 2026, supported by higher revenue and improved operating performance. Net profit rose to Rs 2,318 crore from Rs 2,078 crore in the corresponding quarter a year earlier.
PM CARES Fund Audited Statements Unavailable After FY 2022-23, Raising Fresh Transparency Questions
New Delhi: The availability of audited financial information from the PM CARES Fund has again raised questions about financial transparency, with publicly available records indicating that audited financial statements after the financial year 2022-23 are not currently available in the public domain in the same manner as the earlier accounts.