Russian heat wave reaches record temperatures

Russian heat wave reaches record temperaturesMeteorologists have said that temperatures in Moscow reached 91 degrees in a heat wave that broke a 70-year-old weather record.

RIA Novosti reported on Friday that according to the forecasters, the heat wave in the entire central region of Russia area will last until July 22.

A meteorologist said, "As of 15.00 Moscow time, meteorological stations in Moscow registered 33 degrees Celsius (91 degrees F), 0.2 degrees higher than the record set on July 16, in 1938."

Denver Judge rules stealing of Valor as an unconstitutional act

Denver Judge rules stealing of Valor as an unconstitutional actIt has been reported that a U. S. district judge in Denver has dismissed the case of a man who lied about being a war veteran, saying the Stolen Valor Act is unconstitutional.

The Denver Post reported on Friday that Judge Robert Blackburn threw out the case against Rick Strandlof, who had been charged with misdemeanors for making false claims of receiving military decoration for serving in the Iraq war.

Blackburn ruled that the act violates First Amendment free speech rights.

Food inflation rises to 12.81%

Food inflation rises to 12.81%The yearly food infl

More than half new power in US, EU is green

More than half new power in US, EU is greenOver 50% of all new electric capacity summed up in the United States and Europe during last year was from renewable energy sources such as wind and solar energy. As a result of shifting deployment by developing countries like Brazil, India and China it was a record year to add up new green power.

Exim agrees to guarantee loan for Reliance’s project

Exim agrees to guarantee loan for Reliance’s projectAnil Ambani's Reliance group has succeeded in getting a loan agreement from Exim for its power project at Sasan, in Madhya Pradesh. Exim Bank has just given an introductory approval for lending $600 million which is approximately Rs. 2,800 crore in Indian figures, which will pay for the sale and export by the US firm Bucyrus International.

This grant of loans, according to a study conducted by the Metropolitan Milwaukee Association of Commerce, will also ascertain around 1000 jobs in the US and provide with employment.

Cabinet approves merger of State Bank of Indore with SBI

SBIThe SBI had proposed a merger with State Bank of Indore last year, which had been approved by the SBI central board. After the approval, the Centre even gave an in-principal approval. And now recently, the Cabinet has given its approval over the merger too.

With this merge happening between the two banks, SBI being State Bank of Indore's parent bank, SBI will share a swap ratio of 34:100, agreeing to give away 34 of its shares for every 100 shares from the State Bank of Indore, which is held by a few shareholders.

Pages

News in Focus

City Union Bank Share Price Target at Rs 360: Axis Securities

City Union Bank delivered a mixed but strategically strong Q3FY26 performance, marked by robust loan growth, resilient margins, and steadily improving asset quality.

IDFC First Bank Share Price Target at Rs 100: ICICI Securities

IDFC First Bank is entering a decisive phase of operational maturity as margin expansion, disciplined balance-sheet growth, and easing asset-quality pressures converge.

Greenlam Industries Share Price Target at Rs 310: ICICI Direct Research

Greenlam Industries is entering a critical inflection phase after a seasonally weak third quarter, with management signaling a sharp rebound in volumes, operating leverage, and profitability from Q

Kajaria Ceramics Share Price Target at Rs 1,158: IDBI Capital Remains Bullish After Quarterly Results

Kajaria Ceramics’ Q3FY26 performance reflected a market grappling with weak construction demand, inventory de-stocking, and muted tile volumes, yet profitability resilience stood out.

LTIMindtree Share Price Target at Rs 7,400: ICICI Direct Remains Bullish as AI-Led Strategy Improves Outlook

ICICI Direct has reiterated a BUY recommendation on LTIMindtree Ltd, citing resilient revenue momentum, expanding AI-led deal wins, and a strategic reset that positions the company for higher-quali

Bank of Baroda Share Price Target at Rs 340: ICICI Direct

Bank of Baroda delivered a mixed but fundamentally resilient Q3FY26 performance, balancing margin compression with improving asset quality and sharply lower credit costs.