IndusInd Bank shares were locked in a 20 per cent lower circuit on Tuesday as the lender’s internal review projected an adverse impact of approximately 2.35 per cent on its net worth (as of December 2024).

The steep fall erased around Rs 14,000 crore in the bank’s market value. The stock hit a 52-week low of Rs 720.35, to go below the lower band on the NSE.

The bank’s net worth is expected to decline by nearly Rs 2,100 crore after accounting discrepancies of 2.35 per cent of its net worth were found in its derivatives portfolio during an internal review.

The Hinduja-promoted lender plans to absorb this loss in its Q4 earnings or the first quarter of the next fiscal year (FY26).

Assam Police foiled a major drug peddling bid and narcotics worth Rs 30 crore were seized by the security personnel, Chief Minister Himanta Biswa Sarma said on Tuesday.

The police have seized over 80,000 Yaba tablets in the operation in Cachar district that have an international market value of at least Rs. 30 crore.

Taking to his X handle, Sarma wrote, “Massive Drug Bust in Assam: 98,000 Yaba Tablets Seized Worth ₹30 Crore! Thanks to credible Intelligence, @cacharpolice launched an anti-narcotics operation in Chandrapur Part II, Kakmara, under Lakhipur Police Station, resulting in the arrest of a suspect with 98,000 Yaba tablets valued at ₹30 crore and ₹3.5 lakh in cash.”

“Kudos to @assampolice for their tireless efforts towards a #DrugFreeAssam”, he added.

Guatemala's active Volcan de Fuego (Volcano of Fire) poses an imminent threat to at least 30,000 people, the National Coordinator for Disaster Reduction (Conred) warned.

The agency's executive secretary, Claudinne Ogaldes, called on nearby residents in the departments of Sacatepequez, Chimaltenango and Escuintla on Monday to immediately evacuate their homes following eruptions in the past hours, news agency reported.

The army and the National Civil Protection are coordinating safety measures in conjunction with the General Directorate of Protection and Security (Provial), said Ogaldes.

Some 282 families have already been evacuated to shelters in the town of San Juan Alotenango, in Sacatepequez, and a shelter has been prepared in Cotzumalguapa, Escuintla, she said.

Bruno Guimaraes scored the only goal as Newcastle United recorded an important win at West Ham United, boosting their UEFA Champions League qualifying hopes.

The Magpies' skipper slid in to turn home a Harvey Barnes cross shortly after the hour mark at the London Stadium as Eddie Howe's side set themselves up for Sunday's Carabao Cup final against Liverpool in the best possible way.

Guimaraes latched onto Harvey Barnes’ 63rd-minute cross to volley past Alphonse Areola, who produced a magnificent save to thwart a spectacular Max Kilman own-goal moments earlier.

Eddie Howe’s side were comfortably in control thereafter, as they secured only a second win in five Premier League matches.

Trade tensions will likely remain a drag on Asia’s growth but India is still the best placed in the region against this backdrop – low goods exports, strong services exports and policy support for domestic demand, a Morgan Stanley report said on Tuesday.

The reversal of the unwarranted double tightening of fiscal and monetary policies will help drive the recovery in India.

“In fact, monetary easing is hitting full throttle across three fronts – rates, liquidity injection and regulatory easing. Trade tensions will weigh on the region’s trade outlook, but India is less exposed on account of its low goods exports to GDP ratio,” the report mentioned.

The Placebo Club, Faculty of Pharmacy, Desh Bhagat University, came together to celebrate “National Pharmacy Education Day” on the theme of ‘Entrepreneurship & Startups in Pharma and Pharmacy Practice: Encouraging Innovation, Incubation Centers and Pharmaceutical Startups’. The event marked the 121st birth anniversary of Professor Mahadeva Lal Schroff, a pioneer in pharmacy education in India, recognizing his contributions to the establishment of pharmacy education in the country

The Centre for Research and Training, Department of Education, Sri Guru Granth Sahib World University, Fatehgarh Sahib organized a Workshop on Mixed Method Research for the in-house faculty. The workshop was conducted by Prof. Kulwinder Singh, a retired professor from the Department of Education and Community Service, Punjabi University, Patiala. Prof. Kulwinder Singh explained the conceptual foundations, methodology, data analysis, and report writing in Mixed Method Research (MMR). 

The corridors of DAV College, Sector 10, Chandigarh, echoed with triumph as its talented students carved their names in glory at the prestigious National Youth Festival in Noida.

The corridors of DAV College, Sector 10, Chandigarh, echoed with triumph as its talented students carved their names in glory at the prestigious National Youth Festival in Noida. With a dazzling display of artistic brilliance, the college secured three medals in music and a remarkable achievement in fine arts, reaffirming its legacy of excellence.

The Israel Defense Forces (IDF) said in a statement that its Air Force attacked on Saturday suspects attempting to retrieve a drone in southern Gaza.

It added that the drone "was being monitored" by Israel throughout its flight, which had crossed overnight from Israeli territory into Gaza in what is suspected to be an attempt to smuggle weapons.

The IDF did not specify the number of casualties.

Israeli news website Ynet reported that the IDF is investigating what the drone has smuggled into the Strip.