ICICI Lombard shares plunge 15 pc as Q1 profit declines 46 pc

IANS | July 16, 2026 11:52 AM

New Delhi, July 16 (IANS) Shares of ICICI Lombard General Insurance tumbled nearly 15 per cent on Thursday in morning session after the company's June quarter earnings missed market expectations, with profit hit by higher claims and additional reserve provisions.

Prabhas-starrer 'Fauzi' to hit screens on December 3

IANS | July 16, 2026 11:47 AM

Hyderabad, July 16 (IANS) The makers of director Hanu Raghavapudi's eagerly awaited action entertainer 'Fauzi', featuring Pan Indian star Prabhas in the lead, on Thursday announced that the film would hit screens worldwide on December 3 this year, much to the delight of fans and film buffs.

ICMR drone project reduces TB diagnosis time, eases patient burden

IANS | July 16, 2026 11:46 AM

New Delhi, July 16 (IANS) The Indian Council of Medical Research’s flagship i-DRONE initiative demonstrated that drone‑assisted transport of TB sputum samples improved access to diagnostic services for people living in remote and underserved areas in the Yadadri‑Bhuvanagiri district, Telangana, the government said on Thursday.

Inflation is choice, high price growth would not continue under my leadership, says US Fed chief

IANS | July 16, 2026 11:42 AM

Washington, July 16 (IANS) Federal Reserve Chairman Kevin Warsh has said that "inflation is a choice" and pledged that persistently high price growth would not continue under his leadership, signalling that restoring price stability remains the US central bank's overriding priority despite uncertainty over artificial intelligence, geopolitical tensions and other economic risks.