In 1934, scientists heard reports of mushrooms causing visions of tiny people; in 2026, DNA linked the phenomenon to one species in China and the Philippines

A groundbreaking discovery reveals that a unique mushroom species, Lanmaoa asiatica, is linked to vivid hallucinations involving tiny figures experienced by communities far and wide. Despite lacking known psychoactive substances upon chemical examination, researchers suspect an unidentified compound is responsible for these captivating visual effects. Unraveling this mystery could provide profound insights into perception and…

SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAs

State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupees, marking significant growth for the bank. Asset quality indicators showed marked improvement year-on-year, with GNPA declining. The bank maintained its full-year credit growth guidance at fourteen to fifteen percent. SBI is deploying…

RBI proposes leverage ratio buffer for G-SIB branches

The Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5% ratio plus a buffer. Domestic systemically important banks will continue with their 4% ratio mandate. Other commercial banks will maintain the existing 3.5% leverage ratio. These proposals align with the Basel Committee on…

Oil companies reject E20 fuel contamination claims, say nationwide tests found no quality issues

State-run oil companies have dismissed concerns regarding E20 petrol quality. Extensive nationwide testing found no evidence of excessive moisture or chloride contamination. Fuel quality consistently remained within prescribed standards across the entire supply chain. Isolated instances of elevated chloride levels were immediately addressed and rectified. Consumers can confidently use E20 petrol, which meets all quality…