India

Private Banks Cut 13,000 Jobs While Expanding Branch Networks

India's private sector banks have eliminated approximately 13,000 jobs even as they continue to open new branches across the country. The reduction reflects a fundamental shift in how banks operate, driven largely by automation and digital technology. Tasks that once required large teams — such as document verification, data entry, and transaction processing — are increasingly being handled by software and AI systems. This means banks can expand their physical footprint without proportionally increasing their workforce. The trend highlights a growing tension between branch-led growth strategies and the shrinking demand for traditional banking roles.

Nepal Minister Plays Down Border Dispute With India

A Nepali minister has downplayed the ongoing border dispute with India, describing it as less significant than it is being portrayed. The minister acknowledged that some issues do exist between the two neighboring countries. He noted that established mechanisms are already in place to address these concerns. The remarks suggest Nepal is seeking to maintain a measured and diplomatic tone on the sensitive border matter.

Nepal: Video captures moment raging flash flood engulfs entire village

In the 1800s red foxes came to California and a rare rail nearly vanished

Calcutta HC orders Railways to pay Rs 8 lakh after passenger falls to death from train

The Calcutta High Court has directed Indian Railways to compensate the family of a man who fell to his death from a crowded train. The court classified the incident as an 'untoward incident' under the Railways Act, making Railways liable for compensation. This ruling overturned an earlier tribunal decision that had denied the family's claim. The deceased was confirmed to be a legitimate passenger travelling on a valid purchased ticket. Railways has been instructed to deposit Rs 8 lakh along with applicable interest to the family.

Nepal floods: Aerial views show trail of destruction after massive debris surge

Raksha Bandhan 2026 Falls on August 28 With Auspicious Muhurat in New Delhi

Raksha Bandhan in 2026 will be observed on Friday, August 28, with auspicious timings marking the occasion. Families are advised to prepare the Rakhi thali in advance and gather all necessary puja items beforehand. The ceremony is traditionally begun with a prayer for the sibling's happiness and well-being. Tying the Rakhi is meant to be a mindful act, symbolising a mutual commitment to support and care. The festival also emphasises strengthening sibling bonds through forgiveness and emotional closeness.

Four killed as small plane crashes into shallow water near Seldovia, Alaska

A Piper PA-24 aircraft crashed into shallow waters near Seldovia, Alaska on Wednesday, killing all four people on board. The plane had departed from Anchorage and was approaching Seldovia airport when the incident occurred. Rescue and recovery teams had to wait for the tide to go out before they could retrieve the submerged wreckage. The bodies of all four victims have been transported to the medical examiner's office for further examination.

Vehicle wraps and stickers can attract fines, even jail time under Indian traffic law

Personalising vehicles with stickers, wraps, or other modifications can lead to serious legal consequences in India. A recent case in Gwalior saw a car owner penalised for marking the vehicle with lipstick. Many aftermarket shops perform such modifications without obtaining proper authorisation from the Regional Transport Office. Any changes made to a vehicle's core features must be officially documented with the relevant authorities. Violations of vehicle modification rules can result in heavy fines and, in some cases, imprisonment.

ISRO: Magnitude 4.9 Earthquake Likely Triggered Nepal Glacier Collapse and Floods

A magnitude 4.9 earthquake may have caused the collapse of a cirque glacier in Nepal, according to India's space agency ISRO. The glacial collapse is believed to have subsequently triggered devastating flash floods in the region. ISRO's assessment points to the seismic event as the likely initiating factor behind the disaster. Cirque glaciers are bowl-shaped ice formations typically found at high altitudes in mountainous terrain.

Before and after: Nepal’s green mountainside turned into debris field

Zoho's Sridhar Vembu urges engineers to embrace sales and handle rejection

Zoho founder Sridhar Vembu has advised technical professionals looking to enter business to actively participate in sales calls. He emphasized that learning to handle rejection is a critical skill for achieving long-term business success. Vembu noted that direct interaction with customers helps engineers better explain their ideas and develop a deeper understanding of how businesses operate. Such hands-on sales experience also sharpens communication abilities and builds genuine respect for salespeople. His core message is that any business, at its foundation, depends on selling products and winning customers.

Sensex Opens 120 Points Higher as Brent Crude Dips on Easing Hormuz Tensions

Indian equity markets opened on a positive note with the Sensex rising over 120 points amid mixed global signals. Brent crude oil prices slipped below $88 per barrel as tensions in the Strait of Hormuz showed signs of easing. The decline in oil prices provided some relief to markets, which are sensitive to energy cost fluctuations. Global cues remained mixed, tempering the overall enthusiasm among investors despite the early gains.

Microsoft Cloud Hits $100B Revenue, but Analysts Demand Greater Transparency

Microsoft CEO Satya Nadella announced that the company's Azure cloud business has surpassed $100 billion in revenue, marking a significant milestone for the tech giant. However, analysts and investors have expressed dissatisfaction over Microsoft's continued reluctance to disclose detailed financial data about Azure. The lack of transparency raises concerns about the true profitability and capital requirements of its cloud operations. Rivals such as Amazon provide more granular segment-level financial reporting, putting pressure on Microsoft to follow suit. Shareholders are now calling on Microsoft to offer clearer financial disclosures around its cloud and AI businesses.

Greater Noida woman caught on video abusing guards over delivery boy entry

A video has surfaced showing a woman verbally abusing security guards at a housing society in Greater Noida. The incident took place on Wednesday night after guards stopped a food delivery person from entering the premises. The woman is heard making threats and hurling insults at the security personnel in the footage. Police were called to the scene and have launched an investigation into the altercation. Order has since been restored at the society.

Putin Signals War Escalation as Ukraine Peace Talks Stall

Russian President Vladimir Putin is moving to intensify military operations in Ukraine as diplomatic negotiations have reached a standstill. According to sources, Putin has shown no intention of ending the conflict despite mounting economic pressure from Western sanctions. Ukrainian strikes on Russian oil refineries and logistics networks have also failed to compel Moscow toward a ceasefire. The combination of battlefield dynamics and collapsed talks suggests the war is entering a more dangerous phase.

Anaya Bangar eyes WBBL spot by 2027 with Cricket Australia support

Anaya Bangar has set a target of breaking into elite women's cricket in Australia by March 2027. Cricket Australia has provided her with a structured pathway to pursue her ambition, though a confirmed place in the team is not yet guaranteed. Her eligibility to compete is subject to specific policy requirements, including maintaining prescribed testosterone levels and passing mandatory blood tests. Bangar remains focused on her training, viewing consistent dedication and strong performance as essential to securing future opportunities in the sport.

21-Year-Old Delhi Model Stabbed to Death at Home, Gym Trainer Suspect Absconding

A 21-year-old woman was found murdered in her west Delhi apartment after sustaining multiple stab wounds. Police have identified a gym trainer named Imran as the prime suspect, who fled the scene following the crime. Investigators are reviewing CCTV footage and the victim's mobile phone to gather key evidence. Acquaintances revealed that the suspect had repeatedly tried to seek the victim's attention prior to the incident. Authorities have intensified security measures and launched a manhunt to apprehend the absconding suspect.

What triggered Nepal’s catastrophic flash floods? USGS rules out earthquake

Nuvama VP picks Vedanta, CDSL, Ashok Leyland as top buys for Aug 27

Aakash K Hindocha, Vice President of Research at Nuvama Professional Clients Group, has named three stocks as his top picks for August 27, 2026. The recommended stocks are Vedanta, Central Depository Services (India) Ltd (CDSL), and Ashok Leyland. Hindocha also shared his outlook on key benchmark indices Nifty and Bank Nifty alongside the stock picks. The recommendations were published as part of Nuvama Wealth's daily market guidance for investors.