SANJAY MALHOTRA FICCI SPEECH

HCLTech appoints Amitabh Kant as independent director
The appointment, which was greenlit by the HCLTech board of directors, has been recommended by the Nomination and Remuneration Committee, the company said in a statutory filing. Effective September 8, the appointment is for a term of five years.

Damani, Madhu Kela join Ranbir Kapoor to back this smallcap; acquire stake via bulk deals. Shares surge 10%
Prime Focus attracted significant investments from market veterans like Ramesh Damani, Singularity AMC, and Utpal Sheth, leading its shares to surge by 10% on the BSE. These investors collectively acquired a 3.3% stake, amounting to approximately Rs 146.2 crore.

SC dismisses Telangana BJP's plea against order quashing defamation case against Telangana CM A Revanth Reddy
The Supreme Court rejected a plea by Bharatiya Janata Party's Telangana unit. The plea challenged a High Court order. The High Court had quashed a defamation case against Chief Minister A Revanth Reddy. The case stemmed from Reddy's speech during the 2024 Lok Sabha poll campaign. The court emphasized that politicians should possess resilience.

Sanjay Dutt says while he was in jail says a double-murder convict once shaved his beard. How did he spend his time there?
Sanjay Dutt recently appeared on The Great Indian Kapil Show along with Suniel Shetty. In the show, the actor shared his jail experiences and revealed how he stayed busy by making chairs, directing a theatre group with inmates. Sanjay Dutt was recently seen in Baaghi 4 alongside Tiger Shroff. The film is currently running in theatres.

What did Nitish Kumar, BJP did for mothers and sisters, asks RJD MP Sanjay Yadav
RJD MP Sanjay Yadav criticised the Nitish Kumar government and BJP's initiatives for women in Bihar, particularly the Jeevika scheme's interest rates. He highlighted Tejashwi Yadav's promise of monthly financial assistance if their government is elected.

Modi-Xi handshake, tax cuts boost case for lagging Indian stocks
Prime Minister Narendra Modi’s symbolic handshake with President Xi Jinping in China, combined with fresh tax cuts at home, is fueling optimism that Indian equities will finally narrow the gap with their emerging-market peers.
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Police arrest over 400 at London protest supporting banned group Palestine Action
British police clashed with demonstrators in London, arresting over 400 people protesting the ban on Palestine Action, a group labeled as terrorist. The protest, organized by Defend Our Juries, saw participants arrested under the Terrorism Act, leading to scuffles and accusations of violence from both sides. The government defends the ban, citing millions in damages and threats to national security.
MCA likely to simplify process for transfer of unclaimed shares
The corporate affairs ministry plans to simplify documentation for transferring unclaimed shares and dividends to investors through the IEPFA. A panel's report suggests reforms for claims up to ₹5 lakh for physical securities, ₹15 lakh for dematerialized securities, and ₹10,000 for dividends. This initiative aims to reduce timelines, improve transparency, and provide hassle-free services to investors.
Pharma sector hails GST cut as a landmark move toward affordable healthcare
GST rates on 33 life-saving drugs have been reduced to zero, while rates on other medicines and diagnostics have been cut to 5%. The industry welcomes the reform as a major relief for patients.
Ranbir Kapoor-backed Prime Focus shares hit 10% upper circuit on reports of block deal
Prime Focus shares jumped 10% after a significant block deal. Around 47.5 lakh shares changed hands. This follows news of Ranbir Kapoor's investment in Prime Focus Studio. The company approved issuing over 46 crore shares. Prime Focus, founded by Namit Malhotra, is known for visual effects. Its subsidiary, Double Negative, has won multiple Academy Awards.
Teachers’ Day 2025: From Aamir Khan to Rani Mukerji, Bollywood stars who portrayed inspiring teachers on screen
India celebrates Teachers' Day. Bollywood films showcase teacher-student relationships. Aamir Khan in Taare Zameen Par portrays a compassionate teacher. Rani Mukerji in Hichki inspires underprivileged students. Amitabh Bachchan in Black mentors a deaf and blind girl. Boman Irani in 3 Idiots plays a strict professor. Hrithik Roshan in Super 30 mentors underprivileged students for IIT. The day commemorates Dr.
RBI panel on financial stability reviews US tariff impact, financial inclusion efforts
The Financial Stability and Development Council convened to address potential economic challenges arising from US tariffs and geopolitical tensions. Discussions centered on simplifying KYC procedures and advancing financial inclusion initiatives outlined in the National Strategy for Financial Inclusion 2025-30. The council emphasized coordinated regulatory efforts to bolster financial sector resilience and closely monitor emerging risks.
Festive-season boost: Rate-cut transmission to get a push as banking gets Rs 62,000 cr
The banking system is set to receive a liquidity boost of ₹62,000 crore with the first phase of the CRR cut taking effect, injecting funds ahead of the festive season. This move aims to improve monetary transmission and stimulate economic activity, potentially leading to lower deposit and lending rates.
Indian exporters lobby RBI for weaker rupee to offset US tariffs
Indian exporters, facing a 30% loss due to Trump's 50% tariffs on US-bound shipments, are lobbying the RBI for a temporary, weaker rupee rate of 103 per dollar for US earnings. This request aims to offset the tariff's impact, but the RBI is hesitant due to potential risks to currency sentiment and reserves.
From first paycheck invested in Reliance Industries shares to toilet cleaner ads. How Shahid Kapoor co-star bought a Mumbai house
Vishal Malhotra, famed for Ishq Vishk, faced typecasting and a career setback after seeking diverse roles. Undeterred, he embraced opportunities like a Harpic endorsement for recognition and financial stability. He smartly invested early, guided by his parents. Read on to know how!
Voice AI moves beyond scripts as Indian firms tap multilingual bots
AI-powered voice assistants are transforming customer interactions across India, handling queries in multiple languages with unprecedented accuracy. Companies like MakeMyTrip and Meesho are leveraging large language models to provide context-aware and personalized experiences. This shift is particularly impactful in tier-2 and tier-3 towns, where vernacular adoption is driving growth.
Actress Janhvi Kapoor shares her dream wedding plans and the location. Is marriage happening this year?
Janhvi Kapoor opened up about why love feels difficult in 2025, citing Gen Z's lack of patience and real connection. She shared her dream of a simple wedding and talked about whether she is getting married this year or not. The actress's upcoming film is Sunny Sanskari Ki Tulsi Kumari.
SC dismisses PIL seeking nationwide E20 petrol availability, ethanol labeling
The Supreme Court has dismissed a petition about ethanol-blended petrol. The petition requested non-ethanol fuel availability and ethanol content labeling. Advocate Akshay Malhotra clarified his support for the ethanol policy but wanted consumer choice. The Attorney General opposed the plea, highlighting benefits for sugarcane farmers. Concerns were raised about engine compatibility and fuel efficiency with E20 fuel.
India to become world's third largest economy soon, says RBI Governor Sanjay Malhotra; hails PM Jan Dhan Yojana
RBI Governor Sanjay Malhotra stated that India is poised to become the world's third-largest economy, attributing this growth to the Pradhan Mantri Jan Dhan Yojana. He highlighted the scheme's success in opening 55 crore accounts, fostering financial inclusion and enabling citizens to participate in the nation's economic progress. India's recent GDP growth of 7.8% further supports this positive outlook.
Zomato, BookMyShow join I&B Ministry to boost live events industry
The Ministry of Information and Broadcasting convened the Joint Working Group to boost India's live events industry, aiming to be a top global destination by 2030. Key initiatives include a single-window platform for event permissions, a digital music licensing registry, and infrastructure development.
More Indians now put nest eggs in MF basket: Mutual funds comprise 6% of household savings
Indian households are increasingly favoring mutual funds (MFs) over traditional bank deposits, with MF share in gross financial savings rising to 6% in FY23 from under 1% in FY12, according to RBI economists. This shift reflects a growing appetite for financial risk, influenced by factors like increased financial inclusion and business confidence.
MIB to launch centralised digital music licensing registry by October
The Ministry of Information and Broadcasting will launch a Centralised Digital Music Licensing Registry by October 2025, aiming to streamline clearances and boost the live events industry. This initiative, finalized during a Joint Working Group meeting, seeks to position India among the top five global live entertainment destinations by 2030.
Orry is 'my husband': Janhvi Kapoor on how being 'married' helped in 'unwanted' situation
Actor Janhvi Kapoor, while promoting her film Param Sundari with Sidharth Malhotra, shared how she often pretends to be married to avoid unwanted attention, once even introducing her friend Orry as her husband. She also recalled a former partner flying from London to Mumbai just to comfort her after a bad dream, which she described as one of the most romantic gestures she has received.
Param Sundari Twitter review: Sidharth Malhotra, Janhvi Kapoor's chemistry wins heart, netizens call it a 'fun rollercoaster ride'
Param Sundari, starring Sidharth Malhotra and Janhvi Kapoor, has released in theaters, showcasing their fresh pairing in a rom-com directed by Tushar Jalota. The film, set between Delhi and Kerala, is lauded for its vibrant visuals, catchy music, and the lead pair's chemistry. Early reviews suggest a strong opening, with positive word-of-mouth expected to boost its box office performance. Read on!
India's economy likely slowed in April-June ahead of US tariff blow
India's economic growth likely decelerated in the April-June quarter due to weak urban demand and slow private investment. U.S. tariff hikes on Indian goods, including textiles and footwear, are expected to further impact exports. While GDP growth is estimated at 6.7%, concerns remain about the long-term effects of tariffs on key sectors and overall economic expansion.
Actress had made a dream debut in Shah Rukh Khan film. Later, she changed profession after enrolling in a new course. What happened?
Shamita Shetty, despite a dream debut in 'Mohabbatein,' found her acting career faltering. Disappointed with the lack of opportunities, she transitioned to interior design, finding satisfaction in building projects from scratch. However, a sense of emptiness led her to participate in 'Jhalak Dikhhla Jaa,' opening new doors and offering a fresh direction.
Sectoral impact: Industry to sit down with RBI for tariff assessment
Reserve Bank of India will meet with industry leaders to discuss the impact of US tariffs. The consultation is planned for September. It will assess how the 50% tariffs affect various sectors. Labour-intensive industries may face significant challenges. The meeting will also cover the India-UK trade agreement. RBI aims to cushion the economy from the fallout.
ETtech Explainer: How 50% US tariff could impact India’s tech ecosystem
The Indian IT sector, though not directly targeted by the US tariffs, could be hit by reduced tech spending from US clients facing cost pressures. With slow revenue growth, rising layoffs, and client hesitation, the sector faces growing uncertainty. Traditional outsourcing roles are particularly vulnerable amid automation and economic strain.
RBI signals it's ready to hunker down for the long haul as Trump's tariff blow lands on India
In response to the US imposing tariffs on Indian exports, the RBI has declared its commitment to supporting India's economic growth. Governor Malhotra highlighted measures including repo rate reductions and liquidity injections. The RBI is also focusing on internationalising the rupee to reduce reliance on foreign exchange.
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