Business

A StocksEdge scan shows 10 NSE midcap companies steadily lowering their debt-equity ratios from FY21 to FY25, reflecting stronger balance sheets, lower leverage, and reduced financial risk for investors.

Prime Minister Narendra Modi convened a high-level meeting with key Union ministers, secretaries, and economists to discuss the roadmap for next-generation reforms, a key announcement from his Independence Day address. The meeting included deliberations on making India self-reliant across various sectors, from semiconductors to fertilizers, and the revision of GST laws, as envisioned by the Prime Minister.

Matt Argall and Brock Pierce allegedly devised a plan to secure a presidential pardon for Roger Ver, aiming for a $30 million payout. They touted connections to Trump insiders, promising to influence the White House. Ver, facing tax evasion charges, sought clemency, but the White House denies knowledge of the scheme, highlighting the rise of pardon-seeking opportunists.

Las Vegas is experiencing a significant increase in mosquitoes, including those species capable of spreading West Nile virus and dengue. Urban expansion, climate change, and pesticide resistance have worsened the problem, creating major public health risks. With fragmented control attempts, residents and visitors are advised to take preventive measures to minimize bites and curb disease transmission.

Harsh Goenka, Chairman of RPG Enterprises and a billionaire, took to 'X' to take a cheeky jibe at United States President Donald Trump as he shared a picture of his half-eaten toast. Wondering how a toast is related to the US President? Well, hats off to the creativity of the billionaire.

Recently, a financial advisor took to social media and shared a strategy for a couple earning Rs 1.5 lakh monthly to build a Rs 1.24 crore corpus in 10 years. His plan involves allocating funds to debt, hybrid, and equity mutual funds, along with a small investment in digital gold. However, he cautioned that achieving this requires disciplined investing and potentially high returns, especially from equity.

The sliteye shark, named for its narrow slit-like eyes, was captured on camera in deep seagrass habitats on the southern rim of the Bank.

Samsung is now manufacturing laptops in India. The production is happening at a Noida factory. Initially, the laptops will cater to the Indian market. This move expands Samsung's manufacturing portfolio in India. The company already produces phones, wearables, and tablets here. Union Minister Ashwini Vaishnaw met with Samsung executives. They discussed Samsung's continued expansion in India.

Indian Oil said that in the fiscal year 2024-25, the company's 22 per cent crude oil came from Russia. The company said that in FY26 and the current quarter, it is getting about 24 per cent of its oil from Russia.

The report mentioned that the domestic volumes for the auto segment, excluding tractors, declined 6 per cent year-on-year (YoY) in 1Q.