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SportsPhoto: HT World

Ted Cruz Booed While Presenting Prize at Austin F1 Grand Prix

At the Formula One United States Grand Prix in Austin, Texas, Senator Ted Cruz was booed by the crowd while presenting the winner's prize to Kimi Antonelli. Antonelli won the race driving the Mercedes No. 12 with a time of 1:35:16.650. The booing ceased and turned into cheers as Antonelli lifted the trophy. Cruz's reception may impact Texas Republicans ahead of the 2026 midterm elections.

HT World··Austin

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BusinessPhoto: Mint Markets

Infosys Lowers FY27 Revenue Growth Guidance Amid Deal Challenges

Infosys has reduced its FY27 constant-currency revenue growth forecast to 1-2%, down from earlier estimates of 1.5-3% and 1.5-3.5%. The company cited a shift toward offshore delivery and exiting a deal as factors that could reduce growth by 1.8-2%. These updates were shared during its Q2FY27 results announcement.

Mint Markets·

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EntertainmentPhoto: TOI Entertainment

Ramayana Advance Booking Nears Rs 25 Crore Mark

The film Ramayana: Rise of a Legend, starring Ranbir Kapoor and Yash and directed by Nitesh Tiwari, has seen impressive advance bookings with around 2.16 lakh tickets sold across 161 cities. Maharashtra, especially Mumbai, leads in ticket sales and revenue. The Hindi version, particularly in 3D format, accounts for most advance sales.

TOI Entertainment··Mumbai

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BusinessPhoto: Hindu Business

SEBI Allows Equity Funds 35% Residual Non-Equity Investments

The Securities and Exchange Board of India (SEBI) has permitted equity funds, including large-cap active funds, to invest up to 35% of their residual portfolio in non-equity assets. Large-cap funds must still invest at least 80% in large-cap stocks, but can allocate the remaining portion to mid-cap, small-cap, or non-equity investments. This regulation impacts the composition and risk profile of core portfolios.

Hindu Business·

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PoliticsPhoto: Hindu World

Lula da Silva Wins Brazil Election Over Flavio Bolsonaro

Lula da Silva won Brazil's presidential election with 51.75% of the vote, defeating Flavio Bolsonaro, son of former far-right President Jair Bolsonaro, who received 48.25%. Despite Flavio Bolsonaro's confidence from leading in polls before election day, Lula secured a narrow victory according to official results.

Hindu World·

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BusinessPhoto: ET Markets

India's Equity Valuations Hit Six-Year Low Despite EM Premium

India's equity valuations have fallen to their lowest in six years following recent market declines driven by foreign selling, a weaker rupee, and rising crude prices. Despite this drop, the MSCI India Index still trades at a premium compared to other emerging markets, causing overseas investors to remain cautious about investing in Indian equities.

ET Markets·

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