Weekly economy wrap: Forex reserves at record high as monsoon risk persists
Record forex reserves and stronger credit flows provided support, but uneven monsoon rains, food-price interventions and external risks kept policymakers on alert
Day: August 30, 2026
NEET PG 2026: Server glitch disrupts exam at Jaipur centre, candidates protest
The NEET-PG 2026 examination faced disruption at a Jaipur test centre on Sunday. A technical glitch affected computer systems, preventing several candidates from continuing their exam normally. Authorities received information that the server was not functioning properly, causing widespread issues. Police and administrative officials reached the centre to address the situation and speak with affected…
India committed to conclude trade pact talks with Chile by year-end: Govt
India is committed to conclude negotiations for a comprehensive trade agreement with Chile this year as it would help further strengthen economic ties between the two countries, the commerce ministry said on Sunday. Commerce Secretary Rajesh Agarwal was there in Santiago, Chile to review the progress of the talks. The proposed comprehensive economic partnership agreement…
A Colombian man struggling to build his own home helped create Lego-like bricks from recycled plastic; by 2015 the system was sheltering 42 displaced families and could build a 40-sq-m home in 5 days
A Colombian architect helped develop Lego-like building blocks made from recycled plastic and rubber to create temporary and permanent homes. The system was used to build shelters for 42 displaced families in Guapi in 2015. Four people could assemble a 40-square-metre house in five days, without using glue, cement or water.
DGCA flags safety issues with Tecnam aircraft before Kanpur crash
Aviation regulator DGCA had flagged safety issues concerning Tecnam aircraft over a month before a Tecnam P2006T training aircraft crashed in Kanpur on August 27, killing a trainee pilot and an instructor. The Directorate General of Civil Aviation (DGCA) had also issued safety recommendations to flying training organisations (FTOs) concerning the Tecnam aircraft and asked…
American startup raises $180 million to drill rock over 5km deep to build world’s first superhot geothermal plant at 500 °C
Quaise Energy has successfully raised $180 million for its groundbreaking superhot geothermal plant initiative. Utilizing cutting-edge microwave technology, the project vaporizes rock instead of using conventional drill bits. Collaboration with Nabors Industries will provide essential drilling expertise and equipment. The Obsidian Project, located in Oregon, is set to generate 50 MW by 2030, paving the…
Setback for India! Neeraj Chopra to miss Asian Games after ankle injury
The injury means Neeraj Chopra will be unable to defend his two-time Asian Games gold medal in the javelin throw event at the 2026 Asian Games in Aichi-Nagoya
Upcoming IPOs: Purple Style Labs IPO, Deepa Jewellers IPO among 7 new issues to open next week; full list here
Upcoming IPOs: Three mainboard IPOs – Purple Style Labs IPO, Deepa Jewellers IPO and Rays of Belief IPO – will collectively raise over ₹1,265 crore next week.
HDFC Bank CEO search tests governance & investor confidence
HDFC Bank’s chief executive will not seek reappointment after October twenty-sixth. This succession occurs amid ongoing governance scrutiny and recent regulatory issues. The bank’s shares have significantly underperformed its peers and the broader market. A new leader must restore investor confidence and address business challenges. The transition is crucial for HDFC Bank’s future growth trajectory…
ONGC explores drillship acquisition/JV for deepwater capacity under Samudra Manthan
ONGC seeks dedicated deepwater drillship capacity for its exploration program. The state explorer issued an expression of interest for rig-broking consultants. This initiative supports the Mission Samudra Manthan national offshore exploration scheme. The government will provide financial support for deepwater exploration wells. ONGC aims to boost domestic oil and gas production significantly.