Coffee prices have reached record highs, driven by a significant reduction in Brazil’s coffee crop. As the world’s largest coffee producer, Brazil's struggles with adverse weather conditions have created a global supply shortage, pushing Arabica coffee futures up by 73% over the past year and 31% in the last month. Additionally, Robusta prices have also surged due to similar global supply constraints, with prices for Q2 rising 82% year-on-year. This price surge is im

In this scenario, a wife from Arizona is questioning whether her husband's decision to not have a will is truly without consequence, given that their assets are limited to bank and brokerage accounts with transfer-on-death (TOD) beneficiaries and that they do not have children or significant real estate holdings. While it is true that accounts with designated TOD beneficiaries pass directly to the surviving spouse without going through probate, the wife is concerned about potential issues

The ongoing feud between YS Sharmila and her brother, YS Jagan Mohan Reddy, has escalated with Sharmila demanding a CBI investigation into the controversial Rs 1750 crore bribery scandal involving Jagan and industrialist Gautam Adani. In a public letter, Sharmila accused Jagan of signing a dubious power distribution deal with Adani, which she claims would burden the people of Andhra Pradesh with Rs 1.5 lakh crore over the next five years. She urged CM Chandrababu Naidu to cance

The Solar Energy Corporation of India (SECI) has issued a show-cause notice to Reliance Power Ltd. for allegedly submitting a fake bank guarantee in a recent tender bid. The bid, submitted by Reliance NU BESS, a subsidiary of Reliance Power, was for the establishment of a 1,000 MW/2,000 MWh energy storage system. SECI’s investigation revealed that the bank guarantee, purportedly issued by FirstRand Bank’s Manila branch, was fraudulent, as no such branch

Solar Energy Corporation of India Ltd. (SECI) has debarred Reliance Power Ltd. and its subsidiary Reliance NU BESS Ltd. (formerly Maharashtra Energy Generation Ltd.) from bidding in any future SECI tenders for the next three years. This decision comes after SECI discovered that the company had submitted fake bank guarantees during the bidding process for a 1 gigawatt solar power and 2 gigawatt battery energy storage system project. The Incident: Fake Bank Guarantees in SECI Tender

Industrialist and philanthropist Ratan Tata, who passed away on October 9 at the age of 86, has left behind a heartfelt legacy not only for his family and foundation but also for his beloved dog, Tito. In his will, Tata ensured "unlimited" care for Tito, who was adopted six years ago following the death of his previous dog. Tito will be looked after by Ratan Tata's long-time cook, Rajan Shaw, showcasing Tata's deep affection for animals. Ratan Tata was well-known f

The nation continues to mourn the loss of Ratan Tata, a titan of industry and a beloved figure in India. In a heartfelt tribute, Chief Minister Chandrababu Naidu has announced the establishment of the Ratan Tata Innovation Hub in Amaravati, aimed at commemorating Tata's profound legacy and contributions to the Indian economy. During a review of the industrial policy, CM Naidu outlined that the Innovation Hub will be located in the capital city and will consist of five centers, e

On October 9, India mourned the passing of Ratan Tata, the iconic business leader and philanthropist whose influence shaped the country's industrial landscape. Tributes have been pouring in, celebrating a life marked by integrity, innovation, and compassion. In a heartfelt LinkedIn post, N. Chandrasekaran, Chairman of Tata Sons, paid tribute to his mentor, reminiscing about their time together. He highlighted Ta

The past week was significant in shaping India's economic narrative, marked by the death of industrialist Ratan Tata and shifts in monetary policy. Ratan Tata's Passing and Noel Tata's Appointment: India mourned the loss of Ratan Tata, the revered former chairman of Tata Sons, who passed away at 86. In a board meeting, Noel Tata was appointed as the new Chairman of Tata Trusts, a pivotal moment in the continuity of the Tata legacy. Noel, wh

In a significant transition for the Tata Group, Noel Tata has been appointed Chairman of Tata Trusts, succeeding his half-brother Ratan Tata, who passed away at the age of 86 in a Mumbai hospital. Ratan Tata's death marks the end of an era for Indian business, where he transformed the Tata Group into a global powerhouse, reshaping the country’s industrial landscape. Noel Tata has been an influential figure within the Tata Group since he joined in the early 2000s. His appoi

Renowned industrialist Ratan Tata passed away at a Mumbai hospital on Wednesday, at the age of 86. His body has been placed at the National Centre for Performing Arts (NCPA) in Nariman Point, where the public can pay their last respects from 10 AM to 4 PM. His cremation is scheduled to take place later in Worli. Born in 1937, Ratan Tata was raised by his grandmother, Navajbai Tata, after his parents' separation in 1948. Known fo

The adoption of electric vehicles (EVs) in India has been on the rise, but some owners have faced troubling experiences. A notable case from Hyderabad involves Mr. Jonathan Brainard, who sought legal redress after his Tata Nexon EV caught fire. The district consumer disputes redressal commission of Hyderabad has now ordered Tata Motors to compensate him. The court ruling requires Tata Motors to refund the full purchase price of Rs 16.95 lakh, along with an interest of 9%. Additional

The Tata Group is making significant strides into the semiconductor industry, as Chairman N Chandrasekaran announced plans to establish new manufacturing facilities in various locations across India, including Assam and Ozhur in Kerala. Chandrasekaran emphasized the group’s commitment to building a robust semiconductor ecosystem in the country. The main facility, a semiconductor fabrication plant (Fab), is under construction in Dholera, Gujarat. This state-of-the-art facility

India has long aspired to secure a permanent seat on the United Nations Security Council (UNSC), arguing that its status as an emerging superpower merits representation at the high table. Despite support from several permanent members and international coalitions advocating for UNSC reform, experts remain skeptical about India's chances in the near future. One of the most significant hurdles is China’s steadfast opposition. As the only Asian country with a permanent seat,

Power has a profound impact on the lives of politicians, a fact vividly illustrated by recent events involving former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy. During his tenure as CM, Jagan enjoyed the luxury of flying in private jets, a privilege that facilitated his personal and professional travel with utmost convenience. This exclusive air travel arrangement underscored the distinction and ease afforded by political power. However, the recent electoral loss has brough

'The Power of Infinity'- Health, Well Being and Anticancer Lifestyle: Anupkumar Shetty MD FASN In this book, author's semi-autobiography has been used to explain the science and logistics of living a cancer-free life. A sincere attempt has been made to bridge secular and spiritual life, the science of cancer, and the science of wellness. This book conveys different ways to beat cancer and prevent cancer by systematically attacking the cancer cells with a