MODE FORMULA
On a High-way: India revamps highway EPC rules with rating-based deposits, crash penalties
The Centre has revised performance security measures for national highway contractors based on their ratings. Contractors rated above 80% will deposit 3% of project value, while lower-rated contractors will deposit 4% or 5%. This initiative aims to incentivize quality in highway construction and improve contractors' cash flow. Additionally, higher standards for land acquisition and compensation mechanisms have been established.
Can a Polymarket AI bot really win 168 trades in a row? A 67-year-old Vermont retiree reportedly made $290,000
A viral story claims a 67-year-old Vermont retiree made $290,000 with a Polymarket trading bot. Here is how the strategy works.
Anthropic brings Claude to Google Docs, Sheets and Slides; here’s how it works
The feature, called Claude for Google Workspace, is now available in public beta for users on all paid Claude plans, Anthropic said in a blog post.
Explained: When should mutual fund investors use CAGR, XIRR or IRR to calculate returns?
CAGR, XIRR and IRR are commonly used to measure mutual fund returns, but each serves a different purpose. While CAGR is suited to lumpsum investments, XIRR helps calculate returns from irregular cash flows such as SIPs. IRR can be used to assess returns from investments involving multiple cash flows over time.
Children stop thinking for themselves using AI for homeworks & assignments; 5 ChatGPT features parents should know
ChatGPT for Teens combines Study Mode, homework reminders, quizzes, visual learning tools and parental controls into five features built to stop teens from switching off their thinking during homework and revision, while giving parents routine level oversight without monitoring every conversation.
UPI MDR rates likely within a week, October rollout in sight
This comes after a Monday notificationfrom the Department of Financial Services that narrowed the zero-charge mandate for UPI. The earlier notification barred banks and payment system providers from levying a direct or indirect charge on UPI transactions, irrespective of value. The revised notification retains that protection only for transactions of up to Rs 2,000.
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Sebi revises rules for open interest violations in commodity derivatives
Sebi has revised commodity derivatives position limits and penalties, effective immediately. The new framework caps violation charges, strengthens action against repeated breaches, and updates agri commodity classifications and limits, aiming to ease compliance while improving market risk management across exchanges.

Bitcoin falls below $78,000 as crypto market faces correction after Warsh’s Jackson Hole comments
Bitcoin and Ethereum extended their declines as crypto markets remained under pressure following Kevin Warsh’s hawkish comments on inflation and US monetary policy. Analysts said elevated leverage and liquidations added to selling pressure, while crypto ETF inflows and gains in US technology stocks offered some support to the broader market.

How Mahindra built India's most recognisable off-road vehicle portfolio
Mahindra's off-road vehicles have distinguished themselves by emphasizing terrain adaptability rather than conventional market classifications. Their engineering approach, deeply influenced by their Jeep licensing heritage, focuses on sturdy ladder frames and straightforward mechanics. The Scorpio and Thar models showcase this tough, serviceable design ethos. Although rugged, they come with compromises regarding ride comfort and fuel consumption, so potential buyers should carefully evaluate their actual off-road needs before making a decision.

ET World Leaders Forum 2026: Our reform express will move forward at even greater speed, says PM Modi
Building on the theme of Shared Futures for the ET World Leaders Forum, Prime Minister Narendra Modi says the future of every country is interconnected and nothing is possible in isolation. Listing the nation’s major achievements, he highlighted how, even as global unrest was creating an atmosphere of uncertainty and distrust, India emerged as a bright spot of growth, stability and hope.

Mahindra launches BE 6 SPORTEQ with BaaS, new three-screen cockpit: Check price and more features
Mahindra has launched the BE 6 SPORTEQ with a new three-screen cockpit, Google Gemini-powered TEQ_Talk, six TEQ Suites and added performance and personalisation features. Prices start at Rs 11.45 lakh under the Battery as a Service model, with deliveries beginning on August 26, 2026.

UGC NET June 2026 answer key: Check steps on how to download, direct link, know how to raise objections and more
UGC NET June 2026 out today: The National Testing Agency is set to release the provisional answer key for UGC NET June 2026 today. Candidates can access their responses via the official website and calculate their potential scores. Should they find errors, objections may be submitted, accompanied by a processing fee. The NTA will consider all submitted challenges prior to confirming the results, which hold significant importance for academic and research opportunities across the country.

Mahindra's Gen3 rise no fluke; best is yet to come in Formula E: Edoardo Mortara
Mahindra Racing has transformed into Formula E front-runners over three years. The team now contends for the championship, a significant achievement for them. Driver Edoardo Mortara highlights sustained development as the key factor. Future Gen4 cars promise greater complexity and performance for the team. Mahindra's software development experience will be crucial for the next generation.

'Manthan 2.0' is here; M&M to shift into 'attack mode' amid global churn, says Anand Mahindra
Anand Mahindra described the global economy as entering 'Manthan 2.0' with new uncertainties. Mahindra & Mahindra will now move into 'Attack Mode' to seize emerging opportunities. India is gaining relevance globally due to its manufacturing scale and stability. The company achieved historical highs and is innovating significantly. M&M will accelerate through uncertainty with a clear strategy and strong execution.

EPS pension: These pensioners will automatically get their pension benefits under EPS 2026, minister clarifies in Parliament
The government has notified the EPS pension 2026 scheme, superseding older plans. Existing pension fund benefits are protected under the new scheme. A special drive is underway to dispose of pending labor cases expeditiously. The new scheme maintains the pension calculation formula and contribution rates. Membership eligibility is defined for those joining after June 29, 2026.

Mahindra sells 30,000 electric-SUVs in 7 months; claims 1 EV sold every ten minutes
Mahindra has achieved a significant milestone selling 30,000 electric SUVs in just seven months. This impressive sales figure highlights the growing demand for their electric vehicles. The company launched its XEV 9e and BE 6 models last November. These new models have successfully attracted a fresh customer base, with a majority of buyers being new to the Mahindra brand.

Mahindra drops world’s first Formula E-themed SUV at Rs 23.69 lakh; early buyers get exclusive rewards
Mahindra has launched the world's first Formula E-themed special edition SUV, the BE 6 Formula E Edition (FE2), priced at Rs 23.69 lakh. This motorsport-inspired model boasts impressive performance and exclusive rewards for early buyers, including a chance to win a trip to the London E-Prix. The launch signifies Mahindra's commitment to electric mobility and India's growing motorsport culture.

Explained: Want to estimate how much your Rs 10,000 monthly SIP will be worth? Use this formula
A monthly SIP of ₹10,000 can grow significantly depending on returns. Using the Future Value formula, investors can estimate outcomes—from ₹20.48 lakh at 10% to ₹27.52 lakh at 15% annual returns over 10 years.

Motor racing: F1 unveils 'nimble' car for new era starting in 2026
Formula One will enter a new era in 2026 with smaller and lighter cars featuring active aerodynamics. The FIA presented the technical regulations for the new generation of 'nimble' cars, aiming for better efficiency and handling. FIA president Mohammed Ben Sulayem hailed the unique revision to make the championship more relevant and attractive.

Investing in 2024: Why you should continue to prefer SIP mode of investing
But a key development that almost grabbed the attention of the street has been the huge acceptance of the Systematic Investment Plan (SIP) mode of investing. This is reflected in the inflows through SIP mode, which reached Rs 17,073 crore in November 2023 from Rs 13,306 crore in November 2022. This

Formula One: Lewis Hamilton to increase diversity. Details here
The roar was louder in Texas this weekend, which was great news for all Formula One racing fans. And the illustration made by one such fan, Vladimir Ayala, is indeed remarkable.

AINRC and BJP ink Puducherry formula to share power
With the swearing in of the ministers slated around June 14, the Assembly too would be convened soon for MLAs to take oath and for the government to present the budget and other legislative businesses, source said.

NHAI seeks flexibility in mode of project award, to focus on EPC
Under HAM, the government provides 40% of the construction cost. The rest is arranged by the developer. Land acquisition and toll collection are the government’s responsibilities. Private investment via BOT has been subdued in the past few years.

Mahindra plotting an electric season
In the fifth season of Formula E, the Indian outfit hopes to go from race winners to championship contenders

What should be your asset allocation according to your age?
Here two types of asset allocations are considered. One is as per the ‘100-age’ rule, which is a moderate approach, while the other is for those who can take higher risk.

Odd-even for traffic management, not to contain pollution: Meenakshi Lekhi
Air pollution in Delhi is primarily on account of dust particles, construction activities and debris, she said, adding that the menace was not because of vehicular emission.
Mallya approaches SC in a FERA violation case
: Liquor baron and UB Group chief Vijay Mallya has moved the Supreme Court seeking quashing of criminal proceedings initiated against him by Enforcement Directorate in a case pertaining to foreign exchange rules.
WTO: India looks for strategy on duty cut
India, along with some its allies like Brazil and China, is working out a new strategy for phased reduction of tariffs on manufactured goods even as the spotlight at the Kenya mini ministerial of WTO members shifted to agriculture following a setback to the US in the dispute with Brazil over cotton.
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