Led by Smartphones & electronics,TN posted fastest growth in Merchandise exports in FY26

Tamil Nadu’s total exports for FY26 stood at $59.3 billion, up 13.7 per cent YoY despite a year of trade tensions and geopolitical instability, as per data of Ministry of Commerce.

Ethanol Blending: Why?

✓ Ethanol is an alcohol-based biofuel with the chemical formula C₂H₅OH.

✓ Ethanol contains 2 carbon atoms per molecule, whereas petrol mainly consists of hydrocarbons containing 8–12 carbon atoms.

✓ A higher proportion of ethanol in petrol helps reduce carbon dioxide (CO₂) emissions, making it a cleaner fuel.

✓ Ethanol is produced from renewable agricultural feedstocks such as sugarcane, maize, damaged food grains and agricultural residues.

✓ Ethanol has a lower calorific value than petrol, meaning it contains less energy per litre.

✓ As a result, vehicles running on high ethanol blends may experience around 25–30% lower fuel efficiency (mileage) compared to pure petrol.

✓ Ethanol has a high octane number, which improves fuel quality and engine performance by resisting premature combustion (engine knocking).

✓ India has advanced its target of 20% ethanol blending (E20) in petrol from 2030 to 2025-26 under the National Biofuel Policy.

📈 Capital Market Terms Every Banking Aspirant Should Know

🔹 IPO (Initial Public Offering): First-time sale of shares by a private company to the public.

🔹 FPO (Follow-on Public Offer): Additional share issue by an already listed company to raise more capital.

🔹 Rights Issue: Existing shareholders get the right to buy additional shares, usually at a discounted price.

🔹 Bonus Issue: Free shares issued to existing shareholders from the company's reserves.

🔹 Stock Split: Division of existing shares into smaller denominations, increasing the number of shares while reducing the price proportionately.

🔹 Buyback: Company repurchases its own shares from shareholders to reduce outstanding shares.

🔹 OFS (Offer for Sale): Promoters sell their existing shares to the public through the stock exchange.

🔹 Preferential Issue: Shares allotted to a selected group of investors instead of the general public.

🔹 ESOP (Employee Stock Option Plan): Employees are given the option to purchase company shares at a predetermined price.

🔹 DRHP (Draft Red Herring Prospectus): Preliminary IPO document filed with SEBI containing company details and risk factors.

🔹 Face Value: Nominal value assigned to a share by the company (e.g., ₹10).

🔹 Market Price: Current price at which a share trades on the stock exchange.

🔹 Market Capitalization: Total market value of a company's outstanding shares.
Formula: Share Price × Outstanding Shares.

🔹 Price Band: The minimum and maximum price range within which investors can bid for an IPO.

🔹 Grey Market Premium (GMP): Unofficial premium at which IPO shares trade before listing. It is not regulated by SEBI.

🔹 Listing: Admission of a company's shares for trading on a stock exchange.

🔹 Delisting: Removal of a company's shares from a stock exchange, either voluntarily or compulsorily.

OICL AO 2026 Final Result Out

Cleared OICL AO 👏

Congratulations Prachi 🏆

PM Modi has hinted social media curbs for Minors

📅 Expected Regulatory Body Notifications

✓ NABARD Grade A
• Expected: August 2026
• Vacancies: 90-100

✓ IFSCA Grade A
• Expected: This year
• Vacancies: Around 20

✓ RBI Grade A
• Expected: Before December 2026 (High Probability)
• Vacancies: 200+

✓ NPS Grade A
• Expected: Soon
• Vacancies: Not Confirmed
(Eligibility criteria may change).

✓ RBI Grade B
• Expected: Early 2027
• Vacancies: Likely higher than the previous recruitment

Source: CGB

Food regulator FSSAI has issued 9 notices to Swiggy Instamart following several consumer complaints, including of alleged supply of rotten and expired food products by the platform.

The regulator has directed the platform to submit a detailed explanation and compliance report failing which appropriate legal action will be initiated.

World Bank to Give $890 mn For Solar Rooftops

🚨Linda Noskova is the Wimbledon champion 🏆🎾

The Czech youngster overcame a dramatic collapse after missing five championship points to defeat Karolina Muchova in a thrilling Wimbledon final and lift her maiden title.

Impacts of Rupee Depreciation:

Imports become more expensive: One of the immediate impacts of rupee depreciation is that imports become more expensive. This is because when the rupee depreciates, it takes more rupees to buy the same amount of foreign currency. As a result, businesses and consumers in India have to pay more for imported goods and services, which can lead to higher prices for consumers.

Inflation Increases: When the cost of imports increases, it can lead to inflation.

Impact on foreign investment: A weaker rupee can discourage foreign investors from investing in India. This is because they are more likely to face losses when converting their profits back into their home currency.

Higher borrowing costs: When the rupee depreciates, it can lead to higher borrowing costs for Indian businesses and the government. This is because foreign investors demand higher interest rates to compensate for the increased risk associated with investing in a country with a weaker currency.

(Source : Brajesh Mohan)

Retail inflation breaches RBI target to hit 4.38% in June

India's retail inflation accelerated to 4.38% in June as elevated food and fuel prices, geopolitical tensions in West Asia and concerns over an uneven monsoon kept price pressures firm. The latest consumer price index (CPI) reading breached the Reserve Bank of India's medium-term inflation target of 4% after 17 months, ending a prolonged period of relatively subdued inflation.

The Economic Survey highlights a key behavioural insight:
Why do Indians follow rules in metro systems but become unruly in other transport spaces?

Key Reasons Identified:

* Lack of clarity of rules in other transport systems
* Absence of fixed timing and predictable schedules
* Poor infrastructure and weak maintenance
* Lack of reliability and stability
* Absence of dignity, trust, and soft-touch regulation

When public spaces are safe, predictable, well-maintained, and dignified, people develop a sense of ownership and voluntarily follow rules—as seen in metro systems.

Broader Insight:
Civic behaviour is not a cultural flaw; it is a design and governance outcome.

(Source : Brajesh Mohan)

📉 IBM just suffered the biggest one-day stock crash in its 115-year history.

Shares of the tech giant plunged 25%, wiping out nearly $70 billion in market value after the company released preliminary second-quarter results that fell short of Wall Street expectations.