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Telangana's Kamareddy, Medak receive highest rainfall in 50 years

Telangana's Kamareddy, Medak receive highest rainfall in 50 years

Kamareddy and Medak districts of Telangana received the highest rainfall in the last 50 years, state government officials said on Thursday.

The two districts witnessed unprecedented rain during the last 24 hours, triggering flash floods.

While Argonda station at Rajampet mandal in Kamareddy received 44 cm of rain, a total of 23 locations received more than 20 cm of rainfall. These include 10 stations in Kamareddy, four in Nirmal, six in Medak and the remaining in Nizamabad and Siddipet.

This has been the heaviest downpour in such a short span in the last 50 years.

India's job posting activities remain 70 pc above pre-pandemic level in July

India's job posting activities remain 70 pc above pre-pandemic level in July

Job posting activities in India remain 70 per cent above pre-pandemic levels in July, highlighting the resilience of formal hiring despite the slowdown, a report said on Thursday.

High-skilled roles continue to lead the hiring momentum. Over the past three months, job postings for data and analytics grew by 15.4 per cent, followed by logistic support (14.3 per cent), therapy (13.7 per cent), and dental (13.6 per cent), a report from Indeed Hiring Lab said.

According to the report, software development, while not the fastest growing, remained consistent with postings up 9.2 per cent in the last three months.

Meanwhile, the formal job market softened in the month, with job postings on global matching and hiring platform Indeed declining 5.8 per cent after two consecutive months of growth.

India's auto sector accelerates in EV segment

India's auto sector accelerates in EV segment

The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units.

Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global auto manufacturing hub.

Suzuki's decision to double down on India comes as global EV sales slow and competitive pressures rise in established markets, particularly China. For multinational automakers, India's combination of affordability, scale, and rising technological sophistication, ranging from 5G-enabled smart vehicles to indigenous battery manufacturing, offers not just growth potential but an opportunity for leadership in the global value chain, according to an article in India Narrative.

Haryana CM Saini visits Gurudwara Shri Nada Sahib

Haryana CM Saini visits Gurudwara Shri Nada Sahib

Haryana Chief Minister Nayab Singh Saini visited the Gurudwara Shri Nada Sahib and offered prayers on Thursday.

In a post on social media X, the CM wrote that the darshan of the Gurudwara Shri Nada Sahib was divine, where he bowed his head with the congregation and experienced a sense of sacred divinity.

India to clock average 6.5 pc growth in next 10 years, macro balance sheet strong

India to clock average 6.5 pc growth in next 10 years, macro balance sheet strong

The starting point of India's macro balance sheet is positively positioned, underpinned by a robust macro-stability framework (fiscal consolidation and flexible inflation targeting framework), productivity enhancing policy reforms, and favourable structural factors such as demographics, that lend support to the growth trajectory, a Morgan Stanley report said on Thursday.

The report expects growth to average 6.5 per cent in the next 10 years, with inflation likely to align with the RBI's target of 4 per cent, thus providing a favourable backdrop to the cost of capital and ensuring debt sustainability.

"India's overall indebtedness levels reflect an incipient inflexion with a rise in private sector leverage. We expect private sector debt to continue to see modest expansion while public sector debt decline keeps overall debt manageable and improves the productivity of incremental debt," said the report.

Indigo shares decline over 4 pc on promoter offloading stake

Indigo shares decline over 4 pc on promoter offloading stake

The shares of InterGlobe Aviation, the parent company of IndiGo Airlines, tanked over 4 per cent in the early trading on Thursday on news of promoter Rakesh Gangwal's family selling stocks worth Rs 7,085 crore through a block deal.

At around 11:38 am, the shares were trading at Rs 5,789.0, down 4.31 per cent or Rs 261.

The promoter family is likely to sell 1.2 lakh shares, worth Rs 7,085 crore, at an average price of Rs 5,830 per share.

According to earlier media reports, the Gangwal family plans to sell up to 3.1 per cent of InterGlobe Aviation through block deals valued at approximately Rs 7,020 crore.

A floor price of Rs 5,808 per share, or about 4 per cent less than the closing price of the previous session, was anticipated for the block deal.

Class 5 student, found with severe burns in Patna school, dies; family claims conspiracy

Class 5 student, found with severe burns in Patna school, dies; family claims conspiracy

A class 5 girl student, who was found with severe burns in a Patna school, died at Patna Medical College and Hospital (PMCH).

The girl was found with severe burns inside the washroom of Amla Tola Kanya Vidyalaya in Gardanibagh.

The incident has triggered outrage, with the victim's family alleging foul play.

An FIR of murder has been lodged at the Gardanibagh Police Station against unknown persons, based on the statement of Zoya's father.

Punjab flood: Thousands spend night on rooftops; await relief material

Punjab flood: Thousands spend night on rooftops; await relief material

Thousands of people in Punjab spent the night on rooftops after the breaking of embankments of tributaries and overflowing of swollen rivers caused by incessant rain and the release of dam waters, which have also damaged newly planted paddy crops in large areas, officials said on Thursday.

Families who have been trapped on the rooftops of their houses are awaiting rescue and relief material from the administration. They also need fodder for the cattle, rue locals. Most of the worst-affected districts, Gurdaspur, Ferozepur, Amritsar, Tarn Taran and Pathankot, are located along the India-Pakistan border.

The other districts marooned by floodwater are Hoshiarpur, Jalandhar, Kapurthala, Ropar, Anandpur Sahib and Fazilka, impacting families who have lost homes, farmers lost crops, and people, largely villagers, are suffering greatly.

Study shows bacterial infections trigger heart attacks

Study shows bacterial infections trigger heart attacks

Myocardial infarction, commonly known as heart attacks, may also be triggered by infectious diseases, finds a study, which showed that dormant bacteria can cause the deadly condition.

The pioneering study by researchers from Finland and the UK demonstrated that the discovery challenges the conventional understanding of the pathogenesis of heart attacks and opens new avenues for treatment, diagnostics, and even vaccine development.

Professor Pekka Karhunen, from Tampere University in Finland, who led the study, notes that until now, it was assumed that events leading to coronary artery disease were only initiated by oxidised low-density lipoprotein (LDL), which the body recognises as a foreign structure.

India-Japan ties: 170 MoUs signed in 2 years with over $13 billion in committed investments

India-Japan ties: 170 MoUs signed in 2 years with over $13 billion in committed investments

As Prime Minister Narendra Modi's two-day Japan visit is set to begin, both nations have accelerated trade and economic ties, with over 170 MoUs signed in two years representing more than $13 billion in committed investments.

PM Modi will travel to Japan from August 29-30 to take part in the 15th India-Japan Annual Summit at the invitation of his Japanese counterpart, Shigeru Ishiba.

From steel plants in Gujarat to biogas projects in rural India, from Assam's gateway role to Tokyo's advanced Research and Development labs, from farmers in rural India to AI engineers in Bengaluru and Tokyo, from semiconductor fabs to academic exchanges, the India–Japan MoUs are building the bridge to a new era of cooperation.

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