Jio Financial Services Announces Record Date for Final Dividend
Jio Financial Services has fixed August 10 as the record date for its final dividend. The company’s first-quarter results showed strong year-on-year growth in both profit and revenue, driven by higher interest income and commission fees. Following these financial updates, the company's shares saw a significant increase in value over the past week. Brokerage firm Motilal Oswal has maintained a 'Buy' recommendation on the stock, setting a target price of Rs 315 per share.
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Congress Criticizes PM Modi’s Response to Recent Student Protests
The Congress party has accused Prime Minister Narendra Modi of adopting a "victim card" strategy to deflect from recent incidents of alleged police brutality against protesting students. Senior Congress leader Jairam Ramesh criticized the Prime Minister for failing to offer an apology and instead using harsh rhetoric against political opponents and predecessors. The opposition's remarks highlight escalating tensions between the ruling Bharatiya Janata Party and the Congress regarding civil liberties and the handling of domestic unrest. This political confrontation underscores the ongoing friction in India's legislative discourse as both sides trade accusations over leadership styles and democratic accountability.
National Security Advisor Ajit Doval Honored with Lokmanya Tilak National Award
National Security Advisor Ajit Doval has been conferred with the prestigious Lokmanya Tilak National Award in recognition of his significant contributions to India's national security. The award was presented by Union Home Minister Amit Shah during a ceremony in Pune marking the 106th death anniversary of freedom fighter Lokmanya Bal Gangadhar Tilak. The event was attended by high-ranking officials, including Maharashtra’s Chief Minister and Deputy Chief Ministers. Speakers at the event lauded Doval’s strategic expertise and dedicated service to the nation. This honor highlights the government's emphasis on honoring individuals who play pivotal roles in maintaining internal and external security.
Kerala Water Resources Department to Launch Five-Year Development Strategy
The Kerala Water Resources Department is set to formulate comprehensive short-term and long-term development plans spanning the next five years. Following the presentation of the Revised Budget for 2026-27 by the UDF government, approximately ₹895.59 crore has been allocated specifically for water supply and sanitation projects. This financial commitment aims to modernize the state's hydraulic infrastructure and ensure sustainable water management. The initiative reflects the government's priority in addressing regional utility needs through strategic investment and long-term planning frameworks intended to improve public service delivery across the state.
DMK President Stalin Urges All-Party Meeting Over Cauvery Water Dispute
DMK President M.K. Stalin has formally requested Tamil Nadu Chief Minister Vijay to convene an all-party meeting to address the ongoing Cauvery water sharing conflict. Stalin emphasized that a legal confrontation is the necessary course of action against neighboring states that have repeatedly denied Tamil Nadu its equitable share of water resources. In a statement shared on social media, he argued that consistent denials of water rights necessitate a unified political front and a robust judicial strategy. The call highlights increasing political pressure within the state to resolve the long-standing inter-state riparian disagreement through formal legal channels.