Noel Tata, half-brother of the late Ratan Tata, has been unanimously elected as the chairman of Tata Trusts following the passing of the legendary industrialist Ratan Tata, CNBC-TV18 reported on Friday. Noel Tata is already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust. He will now lead the trusts that hold a controlling stake in Tata Sons, the primary holding company of the Tata Group.

The move has long been anticipated, given Noel Tata’s close involvement with Tata Trusts and his extensive experience within the conglomerate.

After the Haryana poll debacle, Congress MP and LoP Rahul Gandhi attended the review meeting called by party president Mallikarjun Kharge at his residence in Delhi. Among those present were the party's Haryana observers Ashok Gehlot, Ajay Maken, Deepak Babaria and KC Venugopal.

Sources said that the Congress MP remained largely quite, but when his turn came, he observed two things; one being that Electronic Voting Machines (EVM) and the Election Commission of India (EC) "have much to answer" and another was that "the local leaders were more interested in their own progress than that of the party", leaving a loud silence in the room.

Former US President Donald Trump, who is campaigning for another term in the White House, promised to introduce a system of "reciprocal tariffs" if re-elected. In an economic policy speech in Detroit on Thursday, the Republican candidate singled out India, claiming it imposes some of the highest tariffs on foreign goods among major global economies.

This is not the first time Trump has criticised India for its tariffs. Just last month, he called the nation a "big abuser" of US trade relations.

Tamil Nadu Chief Minister M K Stalin has announced a bonus and ex-gratia for 2.75 lakh employees of state public sector undertakings and statutory boards for the 2023-24 fiscal.

Accordingly, all eligible workers of profit making PSUs under group C and D will be paid a minimum bonus of Rs 8,400 and a maximum of Rs 16,800, amounting to 8.33 per cent bonus and an ex-gratia of 11.67 per cent, an official release here said.

Israeli airstrikes targeted the Ras el-Nabaa neighbourhood in central Beirut, Lebanon, killing at least 22 people and wounding 117 others, according to Lebanon's Ministry of Public Health, as reported by Al Jazeera.

The strikes, which occurred at midnight on Thursday without prior warning, hit two residential buildings in the heart of the capital. One of the targeted buildings is located in an area sheltering many displaced people.

Maharashtra Cabinet-led by Chief Minister Eknath Shinde on Thursday passed a resolution urging the Centre to confer country's highest civilian award, Bharat Ratna to veteran industrialist Ratan Tata who passed away in Mumbai in recognition of his achievements.

Tributes were paid to Padma Vibhushan Ratan Tata in the state cabinet meeting held today.

Karnataka BJP President B Y Vijayendra on Thursday predicted fast-paced political developments in the state in the next few days, including change of Chief Minister over the MUDA 'scam'.

"Lot of political developments are certainly taking place in the state. In the next few days the kind of fast paced political developments will take place, which both you (media) and the people of the state will see," he told reporters here.

In the newly-elected 90-member Haryana Assembly, 96 per cent MLAs (86) are crorepatis, while 13 per cent (12) have criminal cases against them, according to an analysis by poll rights body ADR.

An analysis of the affidavits of all the 90 winning candidates by the Association for Democratic Reforms (ADR) and Haryana Election Watch show a slight rise in the number of crorepati MLAs, from 93 per cent in 2019 to 96 per cent this time.

US Ambassador to India, Eric Garcetti, expressed condolences on veteran industrialist, Ratan Tata's demise on Thursday and said that India, and the world have "lost a giant with a giant heart."

The Tata Sons Chairman Emeritus, 86, breathed his last on Wednesday night at Breach Candy hospital in Mumbai.

India's Adani Group plans to build 10 gigawatts of overseas hydroelectric projects over the next few years, four sources familiar with the plans told Reuters, helping the conglomerate reach its net zero carbon emissions goal by 2050.

Billionaire owner Gautam Adani, whose businesses span from rice to cement, announced in 2022 the group would invest $100 billion over the next decade to develop green energy capabilities including setting up the world's largest solar energy park in western India.

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