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BusinessPhoto: BusinessLineHindustan Zinc reported a strong second quarter with net profit more than doubling to ₹6,412 crore. The growth was driven by higher production output and improved realizations. The company also noted robust revenue growth, strong cash flow, and maintained disciplined growth plans for the future.
BusinessLine·
TechnologyPhoto: Firstpost TechSpotify has introduced time-sensitive QR code checks for its Premium Family plan to verify household members. Users must complete verification within seven days, or they risk a 12-month ban from joining another Family plan. This move aims to tighten controls and ensure only eligible members benefit from the Family plan.
Firstpost Tech·
PoliticsPhoto: HT WorldSenegal's opposition leader and parliamentary speaker Ousmane Sonko criticized the country's plan to use the G20 Common Framework to address its debt, warning that the population would suffer. Senegal faces a public debt of 132% of GDP by end-2024, partly hidden by the previous administration. The IMF agreed on a $2.2 billion, 36-month debt program with Senegal, which will implement an enhanced G20 debt relief mechanism with strict conditions.
HT World·
BusinessPhoto: Economic TimesMumbai International Airport Limited (MIAL) has instructed airlines to move their operations to the new Navi Mumbai International Airport as the existing Chhatrapati Shivaji Maharaj International Airport undergoes redevelopment until 2030. Airlines have raised concerns about logistical challenges of splitting operations between two airports. The Airline Operators Committee has rejected the proposed transfer of international flights, requesting more details.
Economic Times··Mumbai
HealthPhoto: Hindustan TimesA two-year-old boy named Rahul died from suspected malnutrition in Alappuzha district, Kerala. The Kerala State Commission for Protection of Child Rights registered a case, and the Child Welfare Committee took custody of the couple's four children amid parental neglect allegations. Rahul weighed only 7.6 kg, far below the average 12 kg for his age, and was severely anaemic, according to the autopsy report.
Hindustan Times··Alappuzha
PoliticsPhoto: HT WorldFrance experienced its worst civil unrest in years as rioters clashed with police, set cars on fire, and stormed public buildings, including a historic city hall. Around 2,400 arrests were made, and thousands of businesses were damaged or looted. President Macron condemned the violence, attributing it to radical far-left groups and criminals. More protests are planned by student groups and activists.
HT World··Paris
BusinessLine·
Photo: BusinessLineHindustan Zinc reported a strong second quarter with net profit more than doubling to ₹6,412 crore. The growth was driven by higher production output and improved realizations. The company also noted robust revenue growth, strong cash flow, and maintained disciplined growth plans for the future.
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