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Weak soil, trapped water likely behind Lucknow-Kanpur Expressway failures: Initial probe
IIT Kharagpur assessment flags weak, highly plastic soil and drainage issues as key causes of premature failures on the Lucknow-Kanpur Expressway. NEW DELHI: Use of weak and highly plastic soil beneath the Lucknow-Kanpur Expressway appears to be one of the main reasons for premature failures (slippage) on one of its stretches, an expert assessment has…
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HC directs FDA to pay sweets seller for not lifting suspension despite compliance
Bombay HC orders FDA to pay Rs 5 lakh to Pune dairy retailer, allows business to reopen after 98% compliance. MUMBAI: Bombay high court on Monday directed the Food and Drugs Administration (FDA) to pay a Pune based dairy and sweets retailer Rs 5 lakh towards”losses” for not revoking the suspension of its food licence…
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57 Trump officials worth at least $100 million: Donald dwarfs predecessors in ultra-rich appointments
A total of 57 Trump officials are estimated to have fortunes of at least $100 million. US President Donald Trump has surpassed his predecessors in the number of ultra-rich people he has appointed. According to a report released on Monday by consumer advocacy organisation Public Citizen, Trump has appointed more than four times as many…
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US stock market today: Wall Street near record highs; all eyes on corporate earnings, oil prices
Markets continue to watch the impact of the war with Iran on crude prices. US stock market today: Wall Street benchmarks were on Monday hovering close to record levels as investors looked ahead to a week of earnings from some of the country’s biggest retailers. Their results could offer clues about how consumers are coping…
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E20 petrol row: Bring back lower blend of ethanol fuel at pumps, says Chief Economic Adviser Nageswaran
E20, which contains 20% ethanol, was introduced nationwide last year. Chief Economic Adviser V Anantha Nageswaran has called for the government to consider reintroducing petrol with a lower percentage of ethanol, amid concerns on the impact of E20 petrol on vehicles.E20, which contains 20% ethanol, was introduced nationwide last year. Since April 1, it has…
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Russia faces fresh fuel shortages as refinery attacks disrupt supplies
Vehicles queued to refuel at a petrol station due to fuel shortage following a spate of Ukrainian attacks on oil refineries (File pic0 Fuel shortages have resurfaced in parts of Russia, with authorities in at least 10 regions tightening restrictions on petrol sales as supplies come under pressure following a fresh wave of drone attacks…
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‘CAS here to stay’: Sebi chief Pandey says auction system won’t be rolled back, regulator open to feedbacks
Sebi chairman Tuhin Kanta Pandey Sebi chairman Tuhin Kanta Pandey on Monday said the regulator has no plans to roll back the recently introduced Closing Auction Session (CAS). However, the authority is reviewing concerns raised by market participants and considering whether the framework needs any improvements.Introduced on August 3 this year, CAS has drawn attention…
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Wary of risks, Asian refiners want Saudi Aramco’s shipments to be picked outside Red Sea
Yanbu has become increasingly important to Saudi Arabia as it seeks to maintain crude shipments. (Reuters photo) With ships facing risks, some Asian refiners are unwilling to pick crude oil shipments from Yanbu on the Red Sea. Refiners are reportedly seeking an alternative to Saudi Aramco’s request that they collect crude from Yanbu on the…
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Top stocks to buy: Stock recommendations for August 17, 2026 week
Stock market recommendations: Poonawalla Fincorp, and Lenskart – these are the top two stocks to buy recommended by Motilal Oswal Wealth Management Research Desk for the week starting August 17, 2026: NAME CMP (Rs) TP (Rs) Upside (%) Poonawalla Fincorp 497 570 15% Lenskart 612 705 15% Poonawalla FincorpPoonawalla Fincorp is steadily transforming into a…
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Indian techies see biggest hit as US green card approvals plunge sharply
The approval rate for EB-1A, the US green card category meant for individuals with extraordinary ability, has dropped sharply in FY26. In a big hit for Indian techies, the approval rate for the visa that is one of the routes to US green cards has seen a sharp drop. The approval rate for Indian applicants…